ACTIVE

V E 3

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Financial year 2025 · closed on 31/12/2025

Net result

103,7 k €

-2.8% YoY

Gross margin

213,4 k €

+2.9% YoY

Equity

717,5 k €

+3.4% YoY

What does V E 3 do?

V E 3 is a Public limited company incorporated in 1991. Its registered office is in Braine-l'Alleud.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.224.564

Incorporation

22/05/1991

Legal form

Public limited company

Registered office

Avenue de la Crinière 22
1420 Braine-l'Alleud · WallonieSee on map

Contributed capital

63 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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
Gross margin	213,4 k €	+2.9%	207,4 k €	+2.7%	201,9 k €	+8.9%	185,4 k €	+4.6%	177,2 k €	-6.7%	189,9 k €	+7.6%	176,5 k €	+6.0%	166,5 k €	+79.3%	92,9 k €	+31.8%	70,5 k €		–		-1,6 k €	-412%	-304,9 €	-112%	-144 €	+75.6%	-591 €	+1.0%	-597 €	-2.4%	-583 €	+1.9%	-594 €	+10.1%	-661 €
EBITDA	202,7 k €	+4.5%	194 k €	+1.4%	191,4 k €	+8.7%	176,1 k €	+4.6%	168,3 k €	-6.8%	180,5 k €	+12.3%	160,7 k €	+1.7%	158,1 k €	+70.9%	92,5 k €	+32.9%	69,6 k €		0 €	+100%	-1,7 k €	-78.5%	-925,1 €	-88.4%	-491 €	+16.9%	-591 €	+1.0%	-597 €	-2.4%	-583 €	+1.9%	-594 €	+10.1%	-661 €
Operating result	153,7 k €	+1.0%	152,2 k €	-0.8%	153,4 k €	+10.5%	138,9 k €	+5.0%	132,3 k €	-11.9%	150,1 k €	+12.9%	132,9 k €	+2.6%	129,6 k €	+98.3%	65,3 k €	+45.4%	44,9 k €	+217753%	-20,7 €	+98.8%	-1,7 k €	-76.8%	-945,7 €	-84.7%	-512 €	+16.3%	-612 €	+0.8%	-617 €	-2.2%	-604 €	+1.8%	-615 €	+9.8%	-682 €
Net result	103,7 k €	-2.8%	106,8 k €	+3.0%	103,7 k €	+13.5%	91,3 k €	+5.4%	86,6 k €	-22.7%	112 k €	+39.6%	80,2 k €	+4.3%	76,9 k €	+92.7%	39,9 k €	+8.3%	36,9 k €	+366453%	10,1 €	+101%	-1,6 k €	-82.1%	-895,5 €	-70.9%	-524 €	-1.6%	-516 €	-2.0%	-506 €	-16.1%	-436 €	+6.8%	-468 €	+15.8%	-556 €
Balance sheet
Equity	717,5 k €	+3.4%	694 k €	+4.5%	664,2 k €	+18.5%	560,5 k €	+19.5%	469,3 k €	+22.6%	382,7 k €	+41.4%	270,7 k €	+42.1%	190,4 k €	+67.8%	113,5 k €	+54.3%	73,6 k €	+100%	36,7 k €	+0.0%	36,7 k €	-4.3%	38,3 k €	-2.3%	39,2 k €	-1.3%	39,7 k €	-1.3%	40,3 k €	-1.2%	40,8 k €	-1.1%	41,2 k €	-1.1%	41,7 k €
Total assets	745,8 k €	-4.5%	781 k €	+13.7%	686,6 k €	+1.8%	674,4 k €	-8.4%	736,4 k €	+1.6%	724,6 k €	+6.2%	682,2 k €	-4.0%	710,6 k €	-4.8%	746,8 k €	-0.3%	748,8 k €	+1824%	38,9 k €	+0.0%	38,9 k €	-0.9%	39,2 k €	+0.1%	39,2 k €	-1.7%	39,9 k €	-0.9%	40,3 k €	-1.6%	40,9 k €	-1.1%	41,3 k €	-0.8%	41,7 k €
Cash	19,2 k €	+38.7%	13,9 k €	-57.7%	32,7 k €		–		583 €	-84.1%	3,7 k €	-80.7%	19 k €	-10.6%	21,2 k €	-42.9%	37,2 k €	-0.0%	37,2 k €	+417%	7,2 k €	+0.4%	7,2 k €	-4.4%	7,5 k €	+1.1%	7,4 k €	-8.0%	8,1 k €	-4.1%	8,4 k €	-7.0%	9 k €	-4.4%	9,5 k €	-3.3%	9,8 k €
Debts	11,8 k €	-83.2%	70,6 k €	+1066%	6,1 k €	-93.8%	97,5 k €	-61.5%	253 k €	-23.5%	330,7 k €	-18.1%	403,8 k €	-20.2%	505,8 k €	-18.3%	619,3 k €	-8.3%	675,2 k €	+30398%	2,2 k €	0.0%	2,2 k €	+139%	925,1 €		–		143 €		–		134 €	0.0%	134 €		–

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 31/12/2025 · 1 active · 15 ended

Active mandates

Eric Beckers

Director · since 17 avril 2023

Active

Ended mandates

Eric Beckers

Managing director · since 31 mai 2019 · until 31 mai 2025

Ended

Georges DENIS

Director · since 31 mai 2019 · until 17 avril 2023

Ended

Georges DENIS

Director · since 31 mai 2019 · until 31 mai 2025

Ended

Eric Beckers

Director · since 10 octobre 2013

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	01/06/2026	28/08/2025	28/08/2024	01/06/2023	01/06/2022	18/08/2021
General meeting	31/05/2026	30/06/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021
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
Micro model	31/12/2025	31/05/2026	01/06/2026	French	PDF
Micro model	31/12/2024	30/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	31/05/2024	28/08/2024	French	PDF
Micro model	31/12/2022	31/05/2023	01/06/2023	French	PDF
Micro model	31/12/2021	31/05/2022	01/06/2022	French	PDF
Micro model	31/12/2020	31/05/2021	18/08/2021	French	PDF
Micro model	31/12/2019	31/05/2020	08/06/2020	French	PDF
Micro model	31/12/2018	31/05/2019	26/08/2019	French	PDF
Micro model	31/12/2017	31/05/2018	14/08/2018	French	PDF
Micro model	31/12/2016	31/05/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	16/05/2016	17/05/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	12/01/2016	French	PDF
Abridged model	31/12/2013	30/06/2014	18/09/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	12/09/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	12/07/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	29/06/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	07/07/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	20/08/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	12/07/2007	French	PDF

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 31/12/2025 · 1 active · 15 ended

Active mandates

Eric Beckers

Director · since 17 avril 2023

Active

Ended mandates

Eric Beckers

Managing director · since 31 mai 2019 · until 31 mai 2025

Ended

Georges DENIS

Director · since 31 mai 2019 · until 17 avril 2023

Ended

Georges DENIS

Director · since 31 mai 2019 · until 31 mai 2025

Ended

Eric Beckers

Director · since 10 octobre 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/04/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Registered office06/03/2023
SIEGE SOCIAL
PDF
Mandates10/09/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office30/12/2014
SIEGE SOCIAL
PDF
Capital / shares15/12/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/12/2013
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates23/10/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/11/2006
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025103,7 k €↓
2024
Annual accounts 2024106,8 k €↑
2023
Annual accounts 2023103,7 k €↑
2022
Annual accounts 202291,3 k €↑
2021
Annual accounts 202186,6 k €↓
2020
Annual accounts 2020112 k €↑
2019
Annual accounts 201980,2 k €↑
2018
Annual accounts 201876,9 k €↑
2017
Annual accounts 201739,9 k €↑
2016
Annual accounts 201636,9 k €↑
2015
Annual accounts 201510,1 €↑
2014
Annual accounts 2014-1,6 k €↓
2013
Annual accounts 2013-895,5 €↓
2012
Annual accounts 2012-524 €↓
2011
Annual accounts 2011-516 €↓
2010
Annual accounts 2010-506 €↓
2009
Annual accounts 2009-436 €↑
2008
Annual accounts 2008-468 €↑
2007
Annual accounts 2007-556 €
22/05/1991
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 E 3

Overview

What does V E 3 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