ACTIVE

VERMO

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Financial year 2025 · closed on 31/12/2025
Net result
556,6 k €
-1.0% YoY
Gross margin
1,1 M €
-0.2% YoY
Equity
4,3 M €
+15.0% YoY
Workforce
0,0 ETP

What does VERMO do?

VERMO is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Torhout.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0445.391.831
Incorporation
08/10/1991
Legal form
Public limited company
Registered office
Oostendestraat 280
8820 Torhout · FlandreSee on map
Contributed capital
475 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate
Joint committees (2)
  • 112
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201720162015201320112010200920082007
Income statement
Gross margin1,1 M €1,1 M €1,1 M €1,1 M €968,1 k €1,3 M €757 k €747,4 k €766,3 k €751,8 k €416,8 k €464,1 k €311,5 k €343,1 k €-55,5 k €
EBITDA1 M €1 M €990,8 k €967,8 k €887,2 k €1 M €276,2 k €666,5 k €727,4 k €704 k €371,8 k €378,8 k €309,9 k €308,1 k €-69,7 k €
Operating result833,9 k €831 k €788,2 k €764,3 k €682,4 k €620,5 k €38,3 k €391,9 k €459,9 k €359,5 k €195,2 k €191,2 k €115,9 k €116,7 k €-245,4 k €
Net result556,6 k €562,2 k €562,9 k €497,8 k €436,5 k €359,3 k €-25,1 k €146 k €258 k €235,9 k €92,3 k €68,6 k €-11,8 k €-17,9 k €-363,3 k €
Balance sheet
Equity4,3 M €3,7 M €3,4 M €2,9 M €2,5 M €1,7 M €1,3 M €1,3 M €1,2 M €523,4 k €510,7 k €418,4 k €349,8 k €361,6 k €379,5 k €
Total assets5 M €4,7 M €4,4 M €4,4 M €4,6 M €5,2 M €4,2 M €4,3 M €4 M €3,6 M €3,4 M €3,3 M €3,5 M €3,6 M €3,8 M €
Cash170,6 k €79,1 k €234,1 k €536,7 k €503,7 k €237,7 k €423,3 k €382,5 k €429,9 k €29,1 k €92,8 k €28,9 k €145,3 k €3,5 k €146,4 k €
Debts715,1 k €962,5 k €953,2 k €1,5 M €2 M €3,4 M €2,7 M €2,7 M €2,5 M €2,9 M €2,9 M €2,9 M €3,1 M €3,2 M €3,4 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP–––––––––––0,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

Davy VERHAEGHE

Director

Active
Luc Verhaeghe

Managing director

Active
Rita MORTIER

Managing director

Active
Wendy VERHAEGHE

Director

Active

Ended mandates

Davy Verhaeghe

Director · since 27 juillet 2024

Ended
Wendy Verhaeghe

Director · since 27 juillet 2024

Ended
D.V. Invest

Director · since 13 juin 2023 · 0666.940.920

Represented by Davy Verhaeghe

Ended
UNITED BALANCE

Director · since 13 juin 2023 · 0774.783.540

Represented by Wendy Verhaeghe

Ended
At this address

Other companies at this address

CompanyCBE no.
VERMO● Active
0722.837.466
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202617/07/202529/03/202406/06/202311/07/202222/07/2021
General meeting24/06/202630/06/202529/03/202403/06/202330/06/202230/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202614/07/2026DutchPDF
Abridged model31/12/202430/06/202517/07/2025DutchPDF
Abridged model31/12/202329/03/202429/03/2024DutchPDF
Abridged model31/12/202203/06/202306/06/2023DutchPDF
Abridged model31/12/202130/06/202211/07/2022DutchPDF
Abridged model31/12/202030/06/202122/07/2021DutchPDF
Abridged model31/12/201930/06/202027/07/2020DutchPDF
Abridged model31/12/201801/06/201924/06/2019DutchPDF
Abridged model31/12/201729/06/201808/08/2018DutchPDF
Abridged model31/12/201603/06/201709/06/2017DutchPDF
Abridged model31/12/201525/06/201615/07/2016DutchPDF
Abridged model31/12/201406/06/201502/07/2015DutchPDF
Abridged model31/03/201320/09/201327/09/2013DutchPDF
Abridged model30/09/201113/02/201212/03/2012DutchPDF
Abridged model30/09/201014/02/201104/03/2011DutchPDF
Abridged model30/09/200908/02/201008/03/2010DutchPDF
Abridged model30/09/200809/02/200924/02/2009DutchPDF
Abridged model30/09/200711/02/200811/03/2008DutchPDF
Abridged model30/09/200612/02/200723/02/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 14 ended

Active mandates

Davy VERHAEGHE

Director

Active
Luc Verhaeghe

Managing director

Active
Rita MORTIER

Managing director

Active
Wendy VERHAEGHE

Director

Active

Ended mandates

Davy Verhaeghe

Director · since 27 juillet 2024

Ended
Wendy Verhaeghe

Director · since 27 juillet 2024

Ended
D.V. Invest

Director · since 13 juin 2023 · 0666.940.920

Represented by Davy Verhaeghe

Ended
UNITED BALANCE

Director · since 13 juin 2023 · 0774.783.540

Represented by Wendy Verhaeghe

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/07/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office11/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring21/10/2013
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/08/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares12/10/2012
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    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 2025556,6 k €↓
  2. 2024
    Annual accounts 2024562,2 k €↓
  3. 2023
    Annual accounts 2023562,9 k €↑
  4. 2022
    Annual accounts 2022497,8 k €↑
  5. 2021
    Annual accounts 2021436,5 k €↑
  6. 2018
    Annual accounts 2018359,3 k €↑
  7. 2017
    Annual accounts 2017-25,1 k €↓
  8. 2016
    Annual accounts 2016146 k €↓
  9. 2015
    Annual accounts 2015258 k €↑
  10. 2013
    Annual accounts 2013235,9 k €↑
  11. 2013
    Name changeVermo
  12. 2011
    Annual accounts 201192,3 k €↑
  13. 2010
    Annual accounts 201068,6 k €↑
  14. 2009
    Annual accounts 2009-11,8 k €↑
  15. 2008
    Annual accounts 2008-17,9 k €↑
  16. 2007
    Annual accounts 2007-363,3 k €
  17. 2007
    Name changeVermo Immo
  18. 08/10/1991
    IncorporationPublic limited company