ACTIVE

VAERT

Financial year 2024 · closed on 31/12/2024
Net result
148,4 k €
+233.2% YoY
Revenue
1,7 M €
-28.9% YoY
Equity
1,5 M €
+10.7% YoY
Workforce
30,2 ETP
+2.0% YoY

What does VAERT do?

VAERT is a Private limited company incorporated in 1990. Its registered office is in Braives. It employs on average 30,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.875.976
Incorporation
01/09/1990
Legal form
Private limited company
Registered office
Drève d'Ormes 33
4260 Braives · WallonieSee on map
Contributed capital
33 465,63 €
Latest accounts
31/12/2024
Average workforce
30,2 ETP
Joint committees (2)
  • 30502
  • 330
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212018201720162015201420132012201120102009200820072006
Income statement
Revenue1,7 M €2,4 M €2,2 M €1,9 M €
EBITDA131,6 k €73,3 k €314,5 k €204,2 k €45,1 k €98,2 k €292,8 k €135,6 k €99,8 k €156,9 k €209,6 k €130,4 k €133,8 k €121,1 k €20,9 k €135,2 k €232 k €
Operating result92,3 k €5,1 k €250,5 k €142,7 k €-10,2 k €13,5 k €198,5 k €40,5 k €6 k €82,5 k €146,6 k €69,1 k €84,7 k €66,6 k €-34,5 k €77,8 k €172,5 k €
Net result148,4 k €44,5 k €204,6 k €101,9 k €-2,7 k €-11,6 k €155,7 k €12,7 k €-1,4 k €34,4 k €75,5 k €20,4 k €45,8 k €81,5 k €-91,6 k €-37,2 k €300,7 k €
Balance sheet
Equity1,5 M €1,4 M €1,3 M €1,1 M €488,5 k €502,4 k €525 k €380,4 k €378,8 k €391,3 k €301,4 k €225,9 k €-155,9 k €-201,7 k €-283,3 k €-191,6 k €-154,4 k €
Total assets1,5 M €2 M €2,1 M €1,8 M €1 M €945,3 k €1 M €1,1 M €1,2 M €1,2 M €1,2 M €1,2 M €784,9 k €802,9 k €847,6 k €1 M €1,3 M €
Cash763 €86 k €134,7 k €481,9 k €140,2 k €15,3 k €5,6 k €466 €1,8 k €33 k €117 €2,5 k €1,5 k €418 €3,6 k €53 k €5,9 k €
Debts2,5 k €635,4 k €685,6 k €616,1 k €410,4 k €442,9 k €480,1 k €697,5 k €776,1 k €822 k €916,7 k €979,6 k €940,8 k €1 M €1,1 M €1,2 M €1,4 M €
Other
Workforce30,2 ETP29,6 ETP27,6 ETP27,7 ETP29,6 ETP29,3 ETP28,7 ETP28,1 ETP26,9 ETP25,1 ETP24,2 ETP23,7 ETP23,6 ETP23,3 ETP22,9 ETP23,2 ETP17,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

IRIDA

Director · since 30 janvier 2024 · 0897.851.992

Represented by Lodewijk Van den Brande

Active
Kasethi

Director · since 17 décembre 2021 · until 30 janvier 2024 · 0775.879.343

Represented by Johan Poel

Active

Ended mandates

FINISCA

Director · since 17 décembre 2021 · until 07 novembre 2023 · 0502.669.341

Represented by Kris Goormans

Ended
FINISCA

Director · since 17 décembre 2021 · 0502.669.341

Represented by Kris Goormans

Ended
Kasethi

Director · since 17 décembre 2021 · 0775.879.343

Represented by Johan Poel

Ended
Jean-Pierre Heynen

Director · since 02 juillet 2018 · until 17 décembre 2021

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/08/202513/06/202423/06/202328/06/202217/06/202124/06/2020
General meeting30/06/202525/05/202427/05/202328/05/202229/05/202130/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202504/08/2025FrenchPDF
Full model31/12/202325/05/202413/06/2024FrenchPDF
Full model31/12/202227/05/202323/06/2023FrenchPDF
Full model31/12/202128/05/202228/06/2022FrenchPDF
Abridged model31/12/202029/05/202117/06/2021FrenchPDF
Abridged model31/12/201930/05/202024/06/2020FrenchPDF
Abridged model31/12/201828/06/201908/07/2019FrenchPDF
Abridged model31/12/201726/05/201829/06/2018FrenchPDF
Abridged model31/12/201627/05/201713/06/2017FrenchPDF
Abridged model31/12/201528/05/201607/06/2016FrenchPDF
Abridged model31/12/201430/06/201511/08/2015FrenchPDF
Abridged model31/12/201324/05/201404/06/2014FrenchPDF
Abridged model31/12/201225/05/201319/06/2013FrenchPDF
Abridged model31/12/201126/05/201221/06/2012FrenchPDF
Abridged model31/12/201030/06/201122/07/2011FrenchPDF
Abridged model31/12/200929/05/201019/06/2010FrenchPDF
Abridged model31/12/200830/05/200904/06/2009FrenchPDF
Abridged model31/12/200731/05/200807/06/2008FrenchPDF
Abridged model31/12/200626/05/200704/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

IRIDA

Director · since 30 janvier 2024 · 0897.851.992

Represented by Lodewijk Van den Brande

Active
Kasethi

Director · since 17 décembre 2021 · until 30 janvier 2024 · 0775.879.343

Represented by Johan Poel

Active

Ended mandates

FINISCA

Director · since 17 décembre 2021 · until 07 novembre 2023 · 0502.669.341

Represented by Kris Goormans

Ended
FINISCA

Director · since 17 décembre 2021 · 0502.669.341

Represented by Kris Goormans

Ended
Kasethi

Director · since 17 décembre 2021 · 0775.879.343

Represented by Johan Poel

Ended
Jean-Pierre Heynen

Director · since 02 juillet 2018 · until 17 décembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other08/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates03/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/07/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office03/03/2011
    SIEGE SOCIAL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024148,4 k €
  2. 2023
    Annual accounts 202344,5 k €
  3. 2022
    Annual accounts 2022204,6 k €
  4. 2021
    Annual accounts 2021101,9 k €
  5. 2018
    Annual accounts 2018-2,7 k €
  6. 2017
    Annual accounts 2017-11,6 k €
  7. 2016
    Annual accounts 2016155,7 k €
  8. 2015
    Annual accounts 201512,7 k €
  9. 2014
    Annual accounts 2014-1,4 k €
  10. 2013
    Annual accounts 201334,4 k €
  11. 2012
    Annual accounts 201275,5 k €
  12. 2011
    Annual accounts 201120,4 k €
  13. 2010
    Annual accounts 201045,8 k €
  14. 2009
    Annual accounts 200981,5 k €
  15. 2008
    Annual accounts 2008-91,6 k €
  16. 2007
    Annual accounts 2007-37,2 k €
  17. 2006
    Annual accounts 2006300,7 k €
  18. 01/09/1990
    IncorporationPrivate limited company