ACTIVE

VASARI

Financial year 2025 · closed on 30/09/2025
Net result
51,4 k €
+1427.1% YoY
Gross margin
79 k €
+253.7% YoY
Equity
383,4 k €
+15.5% YoY

What does VASARI do?

VASARI is a Public limited company incorporated in 1991. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Brasschaat.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0445.348.774
Incorporation
30/09/1991
Legal form
Public limited company
Registered office
Hemelakkers 45
2930 Brasschaat · FlandreSee on map
Contributed capital
156 173,00 €
Latest accounts
30/09/2025
Joint committees (1)
  • 323
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220182012201120102009200820072006
Income statement
Gross margin79 k €22,3 k €22,1 k €862,1 €-2,7 k €-3,3 k €-1,1 k €-845,8 €-1,1 k €-884 €-882,6 €-2,7 k €
EBITDA68,5 k €20 k €19,7 k €398 €-3,2 k €-3,7 k €-1,5 k €-845,8 €-1,5 k €-1,4 k €-1,4 k €-3,8 k €
Operating result51,6 k €3,5 k €3,5 k €-4,5 k €-3,2 k €-3,7 k €-1,5 k €-5 k €-2,2 k €-2,1 k €-2 k €-4,5 k €
Net result51,4 k €3,4 k €3,4 k €-4,6 k €-3,4 k €-3,9 k €-1,7 k €-5,2 k €-2,6 k €-2,1 k €-2,1 k €-2,7 k €
Balance sheet
Equity383,4 k €332,1 k €328,7 k €325,3 k €349,7 k €59,6 k €63,6 k €65,3 k €70,4 k €73 k €75,2 k €77,2 k €
Total assets531,2 k €478 k €476,4 k €471,3 k €452,8 k €129 k €129,2 k €129,4 k €133,4 k €179,1 k €179,8 k €180,7 k €
Cash83,7 k €40,6 k €27,4 k €6 k €2,8 k €176 €367,7 €576,9 €59,8 €138,9 €197,1 €464 €
Debts147,8 k €145,1 k €145,1 k €145,1 k €103,1 k €69,4 k €65,6 k €64,1 k €63 k €106,1 k €104,7 k €103,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 7 ended

Active mandates

Ingrid Van Cauwenbergh

Director · since 02 mars 2023 · until 09 mars 2029

Active
Ludo Bammens

Director · since 02 mars 2023 · until 09 mars 2029

Active

Ended mandates

Ingred VAN CAUWENBERGH

Director

Ended
Ingrid Van Cauwenbergh

Director

Ended
Ingrid VAN CAUWENBERGH

Administrator - manager

Ended
Ingrid VAN CAUWENBERGH

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/03/202610/04/202519/03/202427/03/202315/03/202227/04/2021
General meeting13/03/202614/03/202508/03/202410/03/202311/03/202212/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202513/03/202623/03/2026DutchPDF
Micro model30/09/202414/03/202510/04/2025DutchPDF
Micro model30/09/202308/03/202419/03/2024DutchPDF
Micro model30/09/202210/03/202327/03/2023DutchPDF
Micro model30/09/202111/03/202215/03/2022DutchPDF
Micro model30/09/202012/03/202127/04/2021DutchPDF
Micro model30/09/201913/03/202026/03/2020DutchPDF
Micro model30/09/201830/03/201902/04/2019DutchPDF
Micro model30/09/201702/05/201802/05/2018DutchPDF
Abridged model30/09/201617/04/201727/04/2017DutchPDF
Abridged model30/09/201525/03/201625/04/2016DutchPDF
Abridged model30/09/201413/03/201527/04/2015DutchPDF
Abridged model30/09/201314/03/201419/03/2015DutchPDF
Abridged model30/09/201208/03/201314/05/2013DutchPDF
Abridged model30/09/201109/03/201230/04/2012DutchPDF
Abridged model30/09/201029/03/201129/04/2011DutchPDF
Abridged model30/09/200930/03/201030/04/2010DutchPDF
Abridged model30/09/200830/03/200930/04/2009DutchPDF
Abridged model30/09/200730/03/200829/04/2008DutchPDF
Abridged model30/09/200609/03/200704/04/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 7 ended

Active mandates

Ingrid Van Cauwenbergh

Director · since 02 mars 2023 · until 09 mars 2029

Active
Ludo Bammens

Director · since 02 mars 2023 · until 09 mars 2029

Active

Ended mandates

Ingred VAN CAUWENBERGH

Director

Ended
Ingrid Van Cauwenbergh

Director

Ended
Ingrid VAN CAUWENBERGH

Administrator - manager

Ended
Ingrid VAN CAUWENBERGH

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office07/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/09/2016
    MAATSCHAPPELIJKE ZETEL
    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. 2025
    Annual accounts 202551,4 k €
  2. 2024
    Annual accounts 20243,4 k €
  3. 2023
    Annual accounts 20233,4 k €
  4. 2022
    Annual accounts 2022-4,6 k €
  5. 2018
    Annual accounts 2018-3,4 k €
  6. 2012
    Annual accounts 2012-3,9 k €
  7. 2011
    Annual accounts 2011-1,7 k €
  8. 2010
    Annual accounts 2010-5,2 k €
  9. 2009
    Annual accounts 2009-2,6 k €
  10. 2008
    Annual accounts 2008-2,1 k €
  11. 2007
    Annual accounts 2007-2,1 k €
  12. 2006
    Annual accounts 2006-2,7 k €
  13. 30/09/1991
    IncorporationPublic limited company