ACTIVE

VETAK

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Financial year 2025 · closed on 31/12/2025

Net result

-20,1 k €

-967.8% YoY

Gross margin

43,6 k €

-27.9% YoY

Equity

265,6 k €

-7.0% YoY

Workforce

0,0 ETP

What does VETAK do?

VETAK is a Private limited company incorporated in 1990. Its main activity is: Manufacture of industrial gases. Its registered office is in Estaimpuis.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.377.606

Incorporation

28/11/1990

Legal form

Private limited company

Registered office

Rue des Victimes(B) 9
7730 Estaimpuis · Wallonie

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

20110Manufacture of industrial gases· main 20110Manufacture of industrial gases 24110Manufacture of basic iron and steel and of ferro-alloys 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 24300Manufacture of other products of first processing of steel+2

Joint committees (2)

Signals

Positive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	43,6 k €	-27.9%	60,5 k €	-43.2%	106,6 k €	+69.6%	62,8 k €	+293%	-32,6 k €	-121%	155,6 k €	+37.3%	113,3 k €	-75.7%	465,6 k €	+183%	164,4 k €	+45.2%	113,2 k €	-10.8%	127 k €	+375%	26,7 k €	-8.3%	29,2 k €	-52.8%	61,8 k €	+1724%	-3,8 k €	-124%	-1,7 k €	-1652%	-97,1 €	+72.1%	-347,5 €
EBITDA	40,8 k €	-29.3%	57,7 k €	-44.2%	103,5 k €	+71.2%	60,4 k €	+276%	-34,2 k €	-123%	146,7 k €	+41.5%	103,7 k €	-76.8%	447,3 k €	+188%	155,5 k €	+49.3%	104,2 k €	-11.3%	117,4 k €	+398%	23,6 k €	-5.9%	25,1 k €	-57.6%	59,1 k €	+1369%	-4,7 k €	-136%	-2 k €	-852%	-207,1 €	+65.3%	-597,5 €
Operating result	40,7 k €	-29.1%	57,4 k €	-44.0%	102,5 k €	+72.3%	59,5 k €	+271%	-34,8 k €	-124%	146,7 k €	+41.7%	103,6 k €	-76.8%	446,8 k €	+188%	155,1 k €	+49.4%	103,8 k €	-11.6%	117,4 k €	+398%	23,6 k €	-5.9%	25,1 k €	-57.6%	59,1 k €	+1369%	-4,7 k €	-136%	-2 k €	-852%	-207,1 €	+65.3%	-597,5 €
Net result	-20,1 k €	-968%	-1,9 k €	-104%	43,1 k €	+2971%	-1,5 k €	+98.5%	-100,3 k €	-263%	61,4 k €	+189%	21,3 k €	-91.1%	238 k €	+347%	53,2 k €	+114%	24,8 k €	-70.1%	83,1 k €	+560%	-18,1 k €	-207%	16,9 k €	-64.0%	47 k €	+1103%	-4,7 k €	-129%	-2 k €	-663%	362,8 €	+159%	-619,9 €
Balance sheet
Equity	265,6 k €	-7.0%	285,7 k €	-0.7%	287,6 k €	+17.6%	244,5 k €	-0.6%	246 k €	-52.3%	516 k €	+13.5%	454,6 k €	+4.9%	433,4 k €	+122%	195,4 k €	+37.4%	142,1 k €	+21.2%	117,3 k €	+243%	34,2 k €	-34.6%	52,2 k €	+48.0%	35,3 k €	+401%	-11,7 k €	-66.5%	-7,1 k €	+32.6%	-10,5 k €	+3.4%	-10,8 k €
Total assets	1,9 M €	+2.6%	1,8 M €	-1.0%	1,9 M €	+1.0%	1,8 M €	+3.4%	1,8 M €	-10.8%	2 M €	+2.8%	1,9 M €	-8.6%	2,1 M €	+21.8%	1,7 M €	+4.1%	1,7 M €	+9.4%	1,5 M €	+3.3%	1,5 M €	+0.6%	1,5 M €	+0.2%	1,5 M €	+3.9%	1,4 M €	-0.2%	1,4 M €	+216259%	654,5 €	+33.8%	489,2 €
Cash	3,2 k €	-19.7%	4 k €	-94.2%	70,2 k €	+412%	13,7 k €	+265%	3,8 k €	-86.3%	27,5 k €	+143%	11,3 k €	-96.2%	297,8 k €	+90.8%	156,1 k €	+60.8%	97,1 k €	-8.7%	106,3 k €	+90.3%	55,9 k €	-7.5%	60,4 k €	+31.8%	45,8 k €	+2903%	1,5 k €	-53.3%	3,3 k €	+2645%	118,9 €	+6581%	1,8 €
Debts	1,6 M €	+4.4%	1,6 M €	-1.0%	1,6 M €	-1.5%	1,6 M €	+4.0%	1,5 M €	+4.0%	1,5 M €	-0.5%	1,5 M €	-12.3%	1,7 M €	+9.2%	1,5 M €	+1.0%	1,5 M €	+8.4%	1,4 M €	-2.4%	1,4 M €	+1.9%	1,4 M €	-1.0%	1,4 M €	+0.6%	1,4 M €	+0.2%	1,4 M €	+12698%	11,1 k €	-1.7%	11,3 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		0,2 ETP		–		–		0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Arnaud BONNEL

Director · since 16 avril 2012

Active

Ended mandates

Arnaud BONNEL

Manager · since 16 avril 2012

Ended

Alain Verfaillie

Director

Ended

Annie Taelman

Director

Ended

Arnaud Bonnel

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Famille Poney● Active	0733.902.097
KAKINE● Active	0825.715.072

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	25/07/2025	19/07/2024	20/07/2023	26/08/2022	19/07/2021
General meeting	22/06/2026	27/06/2025	20/06/2024	29/06/2023	04/03/2022	05/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	09/07/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	25/07/2025	French	PDF
Abridged model	31/12/2023	20/06/2024	19/07/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	20/07/2023	French	PDF
Abridged model	31/12/2021	04/03/2022	26/08/2022	French	PDF
Abridged model	31/12/2020	05/03/2021	19/07/2021	French	PDF
Abridged model	31/12/2019	06/03/2020	02/07/2020	French	PDF
Abridged model	31/12/2018	01/03/2019	03/07/2019	French	PDF
Micro model	31/12/2017	02/03/2018	04/06/2018	French	PDF
Micro model	31/12/2016	03/03/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	04/03/2016	30/05/2016	French	PDF
Abridged model	31/12/2014	06/03/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	07/03/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	01/03/2013	23/08/2013	French	PDF
Abridged model	31/12/2011	03/03/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	04/03/2011	20/07/2011	French	PDF
Abridged model	31/12/2009	05/03/2010	19/08/2010	French	PDF
Abridged model	31/12/2008	06/03/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	07/03/2008	22/08/2008	French	PDF
Abridged model	31/12/2006	02/03/2007	11/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2025 · 1 active · 5 ended

Active mandates

Arnaud BONNEL

Director · since 16 avril 2012

Active

Ended mandates

Arnaud BONNEL

Manager · since 16 avril 2012

Ended

Alain Verfaillie

Director

Ended

Annie Taelman

Director

Ended

Arnaud Bonnel

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/07/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates02/05/2012
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/04/2008
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
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

2025
Annual accounts 2025-20,1 k €↓
2024
Annual accounts 2024-1,9 k €↓
2023
Annual accounts 202343,1 k €↑
2022
Annual accounts 2022-1,5 k €↑
2021
Annual accounts 2021-100,3 k €↓
2018
Annual accounts 201861,4 k €↑
2017
Annual accounts 201721,3 k €↓
2016
Annual accounts 2016238 k €↑
2015
Annual accounts 201553,2 k €↑
2014
Annual accounts 201424,8 k €↓
2013
Annual accounts 201383,1 k €↑
2012
Annual accounts 2012-18,1 k €↓
2011
Annual accounts 201116,9 k €↓
2010
Annual accounts 201047 k €↑
2009
Annual accounts 2009-4,7 k €↓
2008
Annual accounts 2008-2 k €↓
2007
Annual accounts 2007362,8 €↑
2006
Annual accounts 2006-619,9 €
28/11/1990
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VETAK

Overview

What does VETAK do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline