ACTIVE

V.E.D.E. - Milord

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Financial year 2025 · closed on 31/12/2025

Net result

31,6 k €

+492.3% YoY

Gross margin

110,5 k €

+39.8% YoY

Equity

-53,8 k €

+37.0% YoY

What does V.E.D.E. - Milord do?

V.E.D.E. - Milord is a Private limited company incorporated in 1991. Its registered office is in Berchem-Sainte-Agathe.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.926.825

Incorporation

27/08/1991

Legal form

Private limited company

Registered office

Avenue Charles-Quint 420
1082 Berchem-Sainte-Agathe · BruxellesSee on map

Contributed capital

18 592,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	110,5 k €	+39.8%	79,1 k €	+86.0%	42,5 k €	+309%	-20,3 k €	-229%	15,8 k €	+471%	2,8 k €	-96.2%	72,8 k €	+10.9%	65,7 k €	+2.3%	64,2 k €	+4.8%	61,3 k €	+77.2%	34,6 k €	+10.8%	31,2 k €	-16.0%	37,1 k €	-24.0%	48,9 k €	+26.7%	38,6 k €	+23.1%	31,4 k €	-11.3%	35,4 k €	-10.6%	39,6 k €	-32.6%	58,7 k €	-30.5%	84,4 k €
EBITDA	43 k €	+56.5%	27,5 k €	+353%	6,1 k €	+113%	-45,7 k €	-473%	12,3 k €	+178%	-15,6 k €	-179%	19,7 k €	-21.6%	25,1 k €	-7.8%	27,3 k €	+32.3%	20,6 k €	+459%	3,7 k €	-4.6%	3,9 k €	+27.4%	3 k €	+84.8%	1,6 k €	-71.4%	5,7 k €	+57.6%	3,6 k €	-10.2%	4,1 k €	+39.9%	2,9 k €	+35.1%	2,1 k €	+14.9%	1,9 k €
Operating result	33,6 k €	+384%	6,9 k €	+149%	-14,3 k €	+78.4%	-66,1 k €	-669%	-8,6 k €	+76.4%	-36,5 k €	-3063%	-1,2 k €	-122%	5,2 k €	-29.0%	7,3 k €	+81.6%	4 k €	+9.6%	3,7 k €	-4.6%	3,9 k €	+27.4%	3 k €	+84.8%	1,6 k €	-71.4%	5,7 k €	+57.6%	3,6 k €	-10.2%	4,1 k €	+39.9%	2,9 k €	+35.1%	2,1 k €	+14.9%	1,9 k €
Net result	31,6 k €	+492%	5,3 k €	+131%	-17,2 k €	+74.4%	-67,3 k €	-571%	-10 k €	+73.1%	-37,3 k €	-2241%	-1,6 k €	-194%	1,7 k €	+9.2%	1,6 k €	+171%	573 €	-55.6%	1,3 k €	+46.6%	880 €	+12.2%	784 €	+205%	-747 €	-123%	3,3 k €	+896%	331 €	-32.3%	489 €	+1.7%	481 €	+447%	88 €	+63.0%	54 €
Balance sheet
Equity	-53,8 k €	+37.0%	-85,4 k €	+5.9%	-90,7 k €	-23.5%	-73,4 k €	-1092%	-6,2 k €	-259%	3,9 k €	-90.6%	41,2 k €	-3.7%	42,8 k €	+4.1%	41,1 k €	+3.9%	39,5 k €	+1.5%	39 k €	+3.4%	37,7 k €	+2.4%	36,8 k €	+2.2%	36 k €	-2.0%	36,7 k €	+9.9%	33,4 k €	+1.0%	33,1 k €	+1.5%	32,6 k €	+1.5%	32,1 k €	+0.3%	32,1 k €
Total assets	50,8 k €	-30.7%	73,4 k €	-15.5%	86,8 k €	-18.2%	106,2 k €	-32.6%	157,4 k €	+2.2%	154 k €	-10.0%	171,1 k €	-6.4%	182,9 k €	-8.5%	199,9 k €	-8.1%	217,5 k €	+4.4%	208,4 k €	+184%	73,5 k €	-6.6%	78,7 k €	+3.9%	75,7 k €	+13.4%	66,7 k €	-0.3%	67 k €	-4.2%	69,9 k €	+5.5%	66,3 k €	+26.5%	52,4 k €	+18.5%	44,2 k €
Cash	20,1 k €	-37.2%	32,1 k €	+14.5%	28 k €	+15.1%	24,3 k €	-58.3%	58,3 k €	+39.6%	41,8 k €	+60.2%	26,1 k €	+409%	5,1 k €		–		1,1 k €	-86.4%	8,1 k €	+0.5%	8,1 k €	+585%	1,2 k €		–		10,4 k €	+1382%	700 €	-72.4%	2,5 k €	-40.4%	4,2 k €	-73.8%	16,2 k €	+129%	7,1 k €
Debts	94,7 k €	-40.3%	158,7 k €	-10.6%	177,5 k €	-1.2%	179,6 k €	+9.8%	163,6 k €	+8.9%	150,1 k €	+15.6%	129,9 k €	-7.3%	140,1 k €	-11.8%	158,8 k €	-10.8%	178 k €	+5.1%	169,4 k €	+373%	35,8 k €	-14.4%	41,9 k €	+5.5%	39,7 k €	+32.3%	30 k €	-10.5%	33,5 k €	-8.8%	36,8 k €	+9.3%	33,6 k €	+66.1%	20,2 k €	+66.3%	12,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		2,4 ETP	+9.1%	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	+57.1%	1,4 ETP	+27.3%	1,1 ETP	0.0%	1,1 ETP	-26.7%	1,5 ETP	-11.8%	1,7 ETP	-32.0%	2,5 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 · 2 active · 1 ended

Active mandates

EDYARD DEMIR

Mandate

Active

Habip Demir

Mandate

Active

Ended mandates

HAPIB DEMIR

Mandate

Ended

At this address

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MATRIXX● Active	0765.567.847
MEDIA MARKT BASILIX● Active	0478.205.743
OPTIC BASILIX● Active	0460.846.901
TBI AVEX● Active	1020.756.833

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	18/08/2026	24/06/2025	28/08/2024	27/06/2023	18/07/2022	26/08/2021
General meeting	29/06/2026	24/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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	29/06/2026	18/08/2026	French	PDF
Micro model	31/12/2024	24/06/2025	24/06/2025	French	PDF
Micro model	31/12/2023	24/06/2024	28/08/2024	French	PDF
Micro model	31/12/2022	26/06/2023	27/06/2023	French	PDF
Micro model	31/12/2021	27/06/2022	18/07/2022	French	PDF
Micro model	31/12/2020	28/06/2021	26/08/2021	French	PDF
Micro model	31/12/2019	29/06/2020	29/10/2020	French	PDF
Micro model	31/12/2018	24/06/2019	30/09/2019	French	PDF
Micro model	31/12/2017	25/06/2018	27/06/2018	French	PDF
Abridged model	31/12/2016	26/06/2017	03/07/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	29/06/2015	28/07/2015	French	PDF
Abridged model	31/12/2013	23/06/2014	29/07/2014	French	PDF
Abridged model	31/12/2012	17/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	18/06/2012	14/08/2012	French	PDF
Abridged model	31/12/2010	20/06/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	02/08/2010	French	PDF
Abridged model	31/12/2008	29/06/2009	25/08/2009	French	PDF
Abridged model	31/12/2007	23/06/2008	04/08/2008	French	PDF
Abridged model	31/12/2006	25/06/2007	20/07/2007	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 · 2 active · 1 ended

Active mandates

EDYARD DEMIR

Mandate

Active

Habip Demir

Mandate

Active

Ended mandates

HAPIB DEMIR

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares06/03/2006
CAPITAL, ACTIONS - 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 202531,6 k €↑
2024
Annual accounts 20245,3 k €↑
2023
Annual accounts 2023-17,2 k €↑
2022
Annual accounts 2022-67,3 k €↓
2021
Annual accounts 2021-10 k €↑
2021
Name changeMILORD VEDE
2020
Annual accounts 2020-37,3 k €↓
2019
Annual accounts 2019-1,6 k €↓
2018
Annual accounts 20181,7 k €↑
2017
Annual accounts 20171,6 k €↑
2016
Annual accounts 2016573 €↓
2015
Annual accounts 20151,3 k €↑
2014
Annual accounts 2014880 €↑
2013
Annual accounts 2013784 €↑
2012
Annual accounts 2012-747 €↓
2011
Annual accounts 20113,3 k €↑
2010
Annual accounts 2010331 €↓
2009
Annual accounts 2009489 €↑
2008
Annual accounts 2008481 €↑
2007
Annual accounts 200788 €↑
2006
Annual accounts 200654 €
2006
Name changeV.E.D.E. - MILORD
27/08/1991
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

V.E.D.E. - Milord

Overview

What does V.E.D.E. - Milord do?

Trend over 20 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