ACTIVE

VMI

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Financial year 2025 · Closed on 30/09/2025

Net result229,4 k €-18,9 %over 1 year
Gross margin923,5 k €-7,9 %over 1 year
Equity2 M €+3,1 %over 1 year

Identity

Source · BCE/KBO

VMI is a Public limited company incorporated in 1989. Its main activity is: Development of building projects. Its registered office is in Oreye.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.252.334
Incorporation
31/08/1989
Legal form
Public limited company
Registered office
Chaussée Romaine 79
4360 Oreye · WallonieSee on map
Contributed capital
99 157,41 €
Latest accounts
30/09/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin923,5 k €1 M €958,8 k €908,5 k €942,7 k €
EBITDA727,4 k €803,9 k €820,5 k €777,1 k €747,5 k €
Operating result380,7 k €479,2 k €468,4 k €393,4 k €316,7 k €
Net result229,4 k €282,7 k €272,1 k €238,3 k €176,4 k €
Balance sheet
Equity2 M €1,9 M €2 M €1,7 M €1,6 M €
Total assets6,5 M €5,9 M €5,7 M €5,5 M €5,7 M €
Cash1 M €1,7 M €1,7 M €1,5 M €2,1 M €
Debts4,2 M €3,8 M €3,5 M €3,6 M €3,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alfred KEPPENNE
Managing director04/01/2018 → 23/04/2029Mandate2015 accountsendedDirector2010 accountsended
Hervé KEPPENNE
Director04/01/2018 → 23/04/2029Mandate2015 accountsended
Olivier KEPPENNE
Director04/01/2018 → 23/04/2029Mandate2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marguerite VANDERBISE
Mandate2014 accountsDirector2010 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/05/202611/06/202527/05/202427/04/202331/05/202207/05/2021
General meeting27/03/202610/03/202522/03/202424/03/202325/03/202226/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202527/03/202631/05/2026FrenchPDF
Abridged model30/09/202410/03/202511/06/2025FrenchPDF
Abridged model30/09/202322/03/202427/05/2024FrenchPDF
Abridged model30/09/202224/03/202327/04/2023FrenchPDF
Abridged model30/09/202125/03/202231/05/2022FrenchPDF
Abridged model30/09/202026/03/202107/05/2021FrenchPDF
Abridged model30/09/201927/03/202024/04/2020FrenchPDF
Abridged model30/09/201822/03/201909/04/2019FrenchPDF
Abridged model30/09/201723/03/201826/03/2018FrenchPDF
Abridged model30/09/201624/03/201711/04/2017FrenchPDF
Abridged model30/09/201526/03/201630/03/2016FrenchPDF
Abridged model30/09/201427/03/201530/03/2015FrenchPDF
Abridged model30/09/201328/03/201405/04/2014FrenchPDF
Abridged model30/09/201222/03/201305/04/2013FrenchPDF
Abridged model30/09/201123/03/201212/04/2012FrenchPDF
Abridged model30/09/201025/03/201104/04/2011FrenchPDF
Abridged model30/09/200926/03/201029/03/2010FrenchPDF
Abridged model30/09/200827/03/200931/03/2009FrenchPDF
Abridged model30/09/200728/03/200817/11/2008FrenchPDF
Abridged model30/09/200623/03/200728/03/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alfred KEPPENNE
Managing director04/01/2018 → 23/04/2029Mandate2015 accountsendedDirector2010 accountsended
Hervé KEPPENNE
Director04/01/2018 → 23/04/2029Mandate2015 accountsended
Olivier KEPPENNE
Director04/01/2018 → 23/04/2029Mandate2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marguerite VANDERBISE
Mandate2014 accountsDirector2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares19/04/2018
    CAPITAL, ACTIONS
    PDF
  • Capital / shares09/04/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates17/05/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2012
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates01/08/2007
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Alfred KEPPENNE
Hervé KEPPENNE
Olivier KEPPENNE
Marguerite VANDERBISE
19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
VMI
Chaussée Romaine 79, 4360 Oreye
Managing director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Chaussée Romaine 79, 4360 OreyeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00132527

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VMICurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00132527

Events

  1. 2025
    Annual accounts 2025229,4 k €↓
  2. 2024
    Annual accounts 2024282,7 k €↑
  3. 2023
    Annual accounts 2023272,1 k €↑
  4. 2022
    Annual accounts 2022238,3 k €↑
  5. 2021
    Annual accounts 2021176,4 k €↑
  6. 2020
    Annual accounts 2020114 k €↓
  7. 2019
    Annual accounts 2019140,7 k €↓
  8. 2018
    Annual accounts 2018389,3 k €↑
  9. 2017
    Annual accounts 2017301,1 k €↑
  10. 2016
    Annual accounts 2016138,1 k €↑
  11. 2015
    Annual accounts 201536,6 k €↓
  12. 2014
    Annual accounts 2014128,6 k €↑
  13. 2013
    Annual accounts 201379,1 k €↑
  14. 2012
    Annual accounts 201252,9 k €↓
  15. 2011
    Annual accounts 201198,5 k €↑
  16. 2010
    Annual accounts 201087,7 k €↓
  17. 2009
    Annual accounts 2009163 k €↑
  18. 2008
    Annual accounts 200837,9 k €↓
  19. 2007
    Annual accounts 200758,4 k €
  20. 31/08/1989
    IncorporationPublic limited company