ACTIVE

V.R.M.

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Financial year 2025 · closed on 30/09/2025

Net result

2,9 k €

-90.5% YoY

Revenue

486,9 k €

+10.2% YoY

Equity

1,5 M €

+0.1% YoY

What does V.R.M. do?

V.R.M. is a Public limited company incorporated in 1991. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.030.663

Incorporation

17/04/1991

Legal form

Public limited company

Registered office

Avenue du Prince de Ligne 20 box A
1180 Uccle · BruxellesSee on map

Contributed capital

167 328,00 €

Latest accounts

30/09/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	486,9 k €	+10.2%	442,1 k €	+2.1%	433 k €	+15.7%	374,1 k €	+16.3%	321,7 k €	+12.4%	286,2 k €	-3.0%	295,1 k €	-7.5%	319,2 k €	+130%	138,5 k €	-17.8%	168,5 k €	-9.3%	185,8 k €	-0.3%	186,4 k €	+9.6%	170,1 k €	+14.1%	149,1 k €		–		–		–		–		–
EBITDA	331,8 k €	+11.8%	296,7 k €	+2.4%	289,8 k €	+14.1%	254,1 k €	+16.6%	218 k €	+0.9%	216,1 k €	+22.9%	175,8 k €	-59.0%	428,7 k €	-44.4%	770,9 k €	+530%	122,3 k €	-5.3%	129,2 k €	-3.0%	133,2 k €	+3.4%	128,8 k €	+40.2%	91,8 k €	+74.5%	52,6 k €	-14.1%	61,2 k €	-4.4%	64,1 k €	+17.9%	54,3 k €	-15.6%	64,4 k €
Operating result	91,6 k €	+55.0%	59 k €	+47.3%	40,1 k €	+150%	16,1 k €	+67.7%	9,6 k €	-84.8%	63,1 k €	+116%	29,2 k €	-90.5%	308,5 k €	-56.8%	715 k €	+1125%	58,4 k €	-12.4%	66,6 k €	-6.5%	71,2 k €	+2.6%	69,4 k €	+101%	34,6 k €	+621%	-6,6 k €	-115%	45,6 k €	-5.9%	48,4 k €	+25.2%	38,7 k €	-24.2%	51 k €
Net result	2,9 k €	-90.5%	31,1 k €	+208%	-28,7 k €	-107%	393,5 k €	+1097%	-39,5 k €	-275%	22,6 k €	+97.8%	11,4 k €	-92.7%	156,4 k €	-64.5%	440,5 k €	+204979%	-215 €	-100%	47,9 k €	-6.6%	51,3 k €	+5.9%	48,4 k €	+664%	-8,6 k €	-13.6%	-7,6 k €	-117%	45,1 k €	+142%	-107,9 k €	-96.0%	-55,1 k €	-2961%	-1,8 k €
Balance sheet
Equity	1,5 M €	+0.1%	1,5 M €	+3.0%	1,5 M €	-2.0%	1,5 M €	+34.3%	1,1 M €	+2.6%	1,1 M €	+1.9%	1,1 M €	+7.7%	1 M €	+48.4%	682 k €	+182%	241,5 k €	-0.1%	241,7 k €	+24.7%	193,8 k €	+36.0%	142,5 k €	+51.4%	94,1 k €	-8.4%	102,7 k €	-6.9%	110,3 k €	+69.1%	65,2 k €	-62.3%	173,1 k €	-24.1%	228,2 k €
Total assets	5 M €	-4.8%	5,3 M €	-6.1%	5,6 M €	-2.3%	5,7 M €	+2.1%	5,6 M €	+7.3%	5,2 M €	+5.9%	5 M €	+5.0%	4,7 M €	+50.6%	3,1 M €	+14.8%	2,7 M €	-3.1%	2,8 M €	-1.1%	2,8 M €	-1.9%	2,9 M €	-2.4%	3 M €	-2.3%	3 M €	+62.7%	1,9 M €	+0.1%	1,9 M €	-16.3%	2,2 M €	-1.1%	2,3 M €
Cash	206,9 k €	-17.4%	250,5 k €	-22.4%	322,8 k €	-32.6%	478,9 k €	+86.6%	256,7 k €	-37.7%	411,9 k €	-6.8%	442,1 k €	-12.8%	507,2 k €	-4.8%	532,9 k €	+2675%	19,2 k €	-37.4%	30,7 k €	+306570%	10 €	-99.9%	7,7 k €	-60.4%	19,4 k €	-61.3%	50,2 k €	+0.3%	50,1 k €	+84.3%	27,2 k €	+446%	5 k €	-82.5%	28,5 k €
Debts	3,2 M €	-6.8%	3,4 M €	-9.6%	3,8 M €	-2.1%	3,9 M €	-6.0%	4,1 M €	+11.8%	3,7 M €	+8.2%	3,4 M €	+7.4%	3,2 M €	+43.5%	2,2 M €	-10.7%	2,5 M €	-3.4%	2,6 M €	-3.0%	2,7 M €	-3.8%	2,8 M €	-4.2%	2,9 M €	-2.1%	2,9 M €	+67.1%	1,8 M €	-2.4%	1,8 M €	-12.5%	2,1 M €	+1.5%	2 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 11 ended

Active mandates

Christiane EVRARD

Managing director · until 09 février 2027

Active

François VAN EETVELDE

Director · until 09 février 2027

Active

Marie Helga VAN EETVELDE

Director · until 09 février 2027

Active

Ended mandates

Marie Helga VAN EETVELDE

Director · since 29 mars 2006

Ended

Christiane EVRARD

Director

Ended

Christiane EVRARD

Managing director · until 10 février 2015

Ended

Christiane EVRARD

Managing director · until 09 février 2021

Ended

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/12/2025	07/01/2025	18/01/2024	30/01/2023	31/03/2022	06/01/2021
General meeting	02/12/2025	08/12/2024	26/12/2023	25/12/2022	08/02/2022	09/12/2020
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	30/09/2025	02/12/2025	16/12/2025	French	PDF
Abridged model	30/09/2024	08/12/2024	07/01/2025	French	PDF
Abridged model	30/09/2023	26/12/2023	18/01/2024	French	PDF
Abridged model	30/09/2022	25/12/2022	30/01/2023	French	PDF
Abridged model	30/09/2021	08/02/2022	31/03/2022	French	PDF
Abridged model	30/09/2020	09/12/2020	06/01/2021	French	PDF
Abridged model	30/09/2019	18/12/2019	11/02/2020	French	PDF
Abridged model	30/09/2018	23/01/2019	25/01/2019	French	PDF
Abridged model	30/09/2017	08/01/2018	18/01/2018	French	PDF
Abridged model	30/09/2016	18/01/2017	25/01/2017	French	PDF
Abridged model	30/09/2015	09/02/2016	24/02/2016	French	PDF
Abridged model	30/09/2014	10/02/2015	26/02/2015	French	PDF
Abridged model	30/09/2013	11/02/2014	19/03/2014	French	PDF
Abridged model	30/09/2012	12/02/2013	19/03/2013	French	PDF
Abridged model	30/09/2011	14/02/2012	24/04/2012	French	PDF
Abridged model	30/09/2010	08/02/2011	23/03/2011	French	PDF
Abridged model	30/09/2009	10/02/2010	02/04/2010	French	PDF
Abridged model	30/09/2008	10/02/2009	20/04/2009	French	PDF
Abridged model	30/09/2007	12/02/2008	29/04/2008	French	PDF
Abridged model	30/09/2006	13/02/2007	30/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025 · 3 active · 11 ended

Active mandates

Christiane EVRARD

Managing director · until 09 février 2027

Active

François VAN EETVELDE

Director · until 09 février 2027

Active

Marie Helga VAN EETVELDE

Director · until 09 février 2027

Active

Ended mandates

Marie Helga VAN EETVELDE

Director · since 29 mars 2006

Ended

Christiane EVRARD

Director

Ended

Christiane EVRARD

Managing director · until 10 février 2015

Ended

Christiane EVRARD

Managing director · until 09 février 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares02/10/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Registered office10/08/2023
SIEGE SOCIAL
PDF
Mandates03/08/2021
DEMISSIONS, NOMINATIONS
PDF
Restructuring20/04/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring19/04/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring08/02/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates30/03/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates16/06/2009
DEMISSIONS, NOMINATIONS
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 20252,9 k €↓
2024
Annual accounts 202431,1 k €↑
2023
Annual accounts 2023-28,7 k €↓
2022
Annual accounts 2022393,5 k €↑
2021
Annual accounts 2021-39,5 k €↓
2020
Annual accounts 202022,6 k €↑
2019
Annual accounts 201911,4 k €↓
2018
Annual accounts 2018156,4 k €↓
2017
Annual accounts 2017440,5 k €↑
2016
Annual accounts 2016-215 €↓
2015
Annual accounts 201547,9 k €↓
2014
Annual accounts 201451,3 k €↑
2013
Annual accounts 201348,4 k €↑
2012
Annual accounts 2012-8,6 k €↓
2011
Annual accounts 2011-7,6 k €↓
2010
Annual accounts 201045,1 k €↑
2009
Annual accounts 2009-107,9 k €↓
2008
Annual accounts 2008-55,1 k €↓
2007
Annual accounts 2007-1,8 k €
17/04/1991
IncorporationPublic 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

V.R.M.

Overview

What does V.R.M. do?

Trend over 19 financial years

Indicative valuation

Board of directors

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