VASIR
0448.959.253 · rovalta.com · 22/09/2026
ACTIVE
VASIR
Financial year 2025 · closed on 31/03/2025
Net result
7,8 k €
+454.7% YoY
Gross margin
65,5 k €
+6.5% YoY
Equity
41,3 k €
+23.2% YoY
Workforce
1,4 ETP
+55.6% YoY
Overview
What does VASIR do?
VASIR is a Public limited company incorporated in 1992. Its registered office is in Saint-Gilles. It employs on average 1,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.959.253
Incorporation
16/12/1992
Legal form
Public limited company
Registered office
Rue de la Croix de Pierre 29
1060 Saint-Gilles · BruxellesSee on map
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
148 736,11 €
Latest accounts
31/03/2025
Average workforce
1,4 ETP
Joint committees (3)
- 100
- 218
- 323
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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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 | 65,5 k € | +6.5% | 61,5 k € | +137% | 26 k € | -19.9% | 32,4 k € | -19.9% | 40,5 k € | +45.1% | 27,9 k € | -26.1% | 37,7 k € | -14.0% | 43,9 k € | +4.2% | 42,1 k € | -22.8% | 54,6 k € | +5.2% | 51,9 k € | -5.6% | 54,9 k € | -12.9% | 63,1 k € | -5.3% | 66,7 k € | +8.4% | 61,5 k € | +1.4% | 60,7 k € | +70.5% | 35,6 k € | +45.7% | 24,4 k € | +32.5% | 18,4 k € |
| EBITDA | 31,2 k € | +40.3% | 22,3 k € | -19.3% | 27,6 k € | +583% | -5,7 k € | -247% | 3,9 k € | -64.3% | 10,9 k € | -35.5% | 16,9 k € | +846% | 1,8 k € | -70.3% | 6 k € | -62.2% | 15,9 k € | +33.5% | 11,9 k € | -36.0% | 18,6 k € | -38.9% | 30,5 k € | -17.5% | 36,9 k € | +22.9% | 30 k € | -5.6% | 31,8 k € | +672% | 4,1 k € | +137% | -11,1 k € | -167% | -4,2 k € |
| Operating result | 16,7 k € | +120% | 7,6 k € | -46.3% | 14,2 k € | +174% | -19,3 k € | -1235% | -1,4 k € | -121% | 6,9 k € | -37.9% | 11 k € | +378% | -4 k € | -117% | -1,8 k € | -118% | 9,9 k € | +133% | 4,3 k € | -68.0% | 13,3 k € | -44.0% | 23,8 k € | -28.3% | 33,2 k € | +80.1% | 18,4 k € | -17.0% | 22,2 k € | +482% | -5,8 k € | +71.2% | -20,2 k € | -19.1% | -17 k € |
| Net result | 7,8 k € | +455% | -2,2 k € | -199% | 2,2 k € | +110% | -22,7 k € | -282% | -5,9 k € | -2594% | 238,2 € | -63.5% | 652,4 € | +107% | -8,9 k € | -44.4% | -6,2 k € | -553% | 1,4 k € | +132% | 586,1 € | -90.6% | 6,3 k € | -65.7% | 18,3 k € | -32.1% | 26,9 k € | +130% | 11,7 k € | +9.3% | 10,7 k € | +162% | -17,4 k € | +44.5% | -31,3 k € | +0.6% | -31,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 41,3 k € | +23.2% | 33,5 k € | -6.1% | 35,7 k € | +6.6% | 33,5 k € | -40.4% | 56,2 k € | -9.6% | 62,2 k € | +0.4% | 61,9 k € | +1.1% | 61,3 k € | -12.7% | 70,2 k € | -8.1% | 76,3 k € | +1.8% | 75 k € | +0.8% | 74,4 k € | +9.2% | 68,1 k € | +36.6% | 49,9 k € | +117% | 22,9 k € | +104% | 11,2 k € | +1943% | 550,4 € | -96.9% | 17,9 k € | -63.6% | 49,2 k € |
| Total assets | 485,1 k € | +1.8% | 476,6 k € | -4.7% | 499,8 k € | +2.0% | 490,1 k € | +3.2% | 475 k € | -6.3% | 507,2 k € | +2.9% | 492,9 k € | +3.8% | 475 k € | +7.3% | 442,7 k € | +1.4% | 436,4 k € | -1.7% | 444 k € | -3.1% | 458,2 k € | -1.8% | 466,8 k € | +12.0% | 416,8 k € | +2.9% | 405,3 k € | +1.2% | 400,4 k € | -2.2% | 409,2 k € | +0.5% | 407,3 k € | -2.5% | 417,8 k € |
| Cash | 102,2 k € | +67.4% | 61,1 k € | -16.4% | 73 k € | +35.7% | 53,8 k € | +551% | 8,3 k € | -86.7% | 62 k € | +73.2% | 35,8 k € | +27.2% | 28,2 k € | +138% | 11,8 k € | +0.5% | 11,8 k € | -51.0% | 24 k € | +39.4% | 17,2 k € | -38.9% | 28,2 k € | +52.0% | 18,5 k € | +7.8% | 17,2 k € | +41.8% | 12,1 k € | -8.0% | 13,2 k € | -33.8% | 19,9 k € | -9.6% | 22 k € |
| Debts | 442,9 k € | -0.0% | 443,1 k € | -4.0% | 461,6 k € | +1.1% | 456,6 k € | +9.0% | 418,8 k € | -5.9% | 445 k € | +3.3% | 431 k € | +5.6% | 408 k € | +9.5% | 372,5 k € | +4.0% | 358,3 k € | -2.9% | 369,1 k € | -3.8% | 383,8 k € | -3.0% | 395,6 k € | +8.7% | 363,8 k € | -3.9% | 378,7 k € | -2.5% | 388,2 k € | -4.5% | 406,4 k € | +5.4% | 385,5 k € | +5.3% | 366,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 1,4 ETP | +55.6% | 0,9 ETP | – | – | – | – | – | – | 0,8 ETP | -11.1% | 0,9 ETP | -25.0% | 1,2 ETP | +50.0% | 0,8 ETP | 0.0% | 0,8 ETP | 0.0% | 0,8 ETP | 0.0% | 0,8 ETP | 0.0% | 0,8 ETP | -46.7% | 1,5 ETP | -6.3% | 1,6 ETP | +100% | 0,8 ETP | |||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 12 ended
Active mandates
Marie Kristine Stultjens
ActiveMichel Victor Vanvinckenroye
ActiveEnded mandates
Charlotte Vanvinckenroye
EndedChristine Stultjens
EndedMarie Kristine Stultjens
EndedMichel Vanvinckenroye
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/10/2025 | 12/11/2024 | 06/11/2023 | 30/11/2022 | 23/11/2021 | 30/11/2020 |
| General meeting | 05/09/2025 | 06/09/2024 | 01/09/2023 | 02/09/2022 | 03/09/2021 | 04/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 05/09/2025 | 30/10/2025 | Dutch | |
| Abridged model | 31/03/2024 | 06/09/2024 | 12/11/2024 | Dutch | |
| Micro model | 31/03/2023 | 01/09/2023 | 06/11/2023 | Dutch | |
| Micro model | 31/03/2022 | 02/09/2022 | 30/11/2022 | Dutch | |
| Micro model | 31/03/2021 | 03/09/2021 | 23/11/2021 | Dutch | |
| Micro model | 31/03/2020 | 04/09/2020 | 30/11/2020 | Dutch | |
| Micro model | 31/03/2019 | 06/09/2019 | 31/10/2019 | Dutch | |
| Micro model | 31/03/2018 | 07/09/2018 | 20/11/2018 | Dutch | |
| Abridged model | 31/03/2017 | 01/09/2017 | 27/11/2017 | Dutch | |
| Abridged model | 31/03/2016 | 02/09/2016 | 28/11/2016 | Dutch | |
| Abridged model | 31/03/2015 | 04/09/2015 | 27/10/2015 | Dutch | |
| Abridged model | 31/03/2014 | 05/09/2014 | 28/10/2014 | Dutch | |
| Abridged model | 31/03/2013 | 06/09/2013 | 29/11/2013 | Dutch | |
| Abridged model | 31/03/2012 | 07/09/2012 | 29/11/2012 | Dutch | |
| Abridged model | 31/03/2011 | 02/09/2011 | 29/11/2011 | Dutch | |
| Abridged model | 31/03/2010 | 03/09/2010 | 30/11/2010 | Dutch | |
| Abridged model | 31/03/2009 | 04/09/2009 | 30/11/2009 | Dutch | |
| Abridged model | 31/03/2008 | 05/09/2008 | 28/11/2008 | Dutch | |
| Abridged model | 31/03/2007 | 07/09/2007 | 29/11/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 12 ended
Active mandates
Marie Kristine Stultjens
ActiveMichel Victor Vanvinckenroye
ActiveEnded mandates
Charlotte Vanvinckenroye
EndedChristine Stultjens
EndedMarie Kristine Stultjens
EndedMichel Vanvinckenroye
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20257,8 k €↑
- 2024Annual accounts 2024-2,2 k €↓
- 2023Annual accounts 20232,2 k €↑
- 2022Annual accounts 2022-22,7 k €↓
- 2021Annual accounts 2021-5,9 k €↓
- 2020Annual accounts 2020238,2 €↓
- 2019Annual accounts 2019652,4 €↑
- 2018Annual accounts 2018-8,9 k €↓
- 2017Annual accounts 2017-6,2 k €↓
- 2016Annual accounts 20161,4 k €↑
- 2015Annual accounts 2015586,1 €↓
- 2014Annual accounts 20146,3 k €↓
- 2013Annual accounts 201318,3 k €↓
- 2012Annual accounts 201226,9 k €↑
- 2011Annual accounts 201111,7 k €↑
- 2010Annual accounts 201010,7 k €↑
- 2009Annual accounts 2009-17,4 k €↑
- 2008Annual accounts 2008-31,3 k €↑
- 2007Annual accounts 2007-31,5 k €
- 16/12/1992IncorporationPublic limited company