ACTIVE

IMMO VASA

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Financial year 2025 · closed on 31/12/2025

Net result

-79,6 k €

-65.5% YoY

Gross margin

-39,4 k €

-30.9% YoY

Equity

919,9 k €

-8.0% YoY

Workforce

0,0 ETP

What does IMMO VASA do?

IMMO VASA is a Public limited company incorporated in 1993. Its registered office is in Ingelmunster.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.261.438

Incorporation

22/01/1993

Legal form

Public limited company

Registered office

Bollewerpstraat 133A
8770 Ingelmunster · FlandreSee on map

Contributed capital

397 100,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-39,4 k €	-30.9%	-30,1 k €	+30.8%	-43,5 k €	-42.2%	-30,6 k €	+23.7%	-40,1 k €	-150%	79,9 k €	-2.4%	81,9 k €	-6.3%	87,4 k €	+2.4%	85,3 k €	-1.7%	86,7 k €	+2.4%	84,7 k €	+4.7%	80,9 k €	-4.5%	84,7 k €	+18.6%	71,5 k €	-1.6%	72,6 k €	+35.3%	53,6 k €	+71.8%	31,2 k €	-1.1%	31,6 k €
EBITDA	-60,8 k €	-93.7%	-31,4 k €	+29.9%	-44,7 k €	-40.9%	-31,7 k €	+35.8%	-49,4 k €	-169%	71,3 k €	+3.4%	68,9 k €	-12.8%	79,1 k €	+2.7%	77 k €	-1.9%	78,5 k €	+1.3%	77,5 k €	+4.9%	73,8 k €	-5.4%	78,1 k €	+20.3%	64,9 k €	-1.7%	66,1 k €	+39.1%	47,5 k €	+82.8%	26 k €	-1.7%	26,4 k €
Operating result	-75,3 k €	-65.2%	-45,6 k €	+19.9%	-56,9 k €	-39.3%	-40,9 k €	+28.8%	-57,4 k €	-183%	68,9 k €	+4.1%	66,2 k €	-13.3%	76,4 k €	+6.5%	71,7 k €	-2.0%	73,2 k €	+1.4%	72,2 k €	+40.7%	51,3 k €	-30.0%	73,3 k €	+21.9%	60,1 k €	+0.4%	59,9 k €	+133%	25,7 k €	+83.5%	14 k €	-3.0%	14,5 k €
Net result	-79,6 k €	-65.5%	-48,1 k €	-442%	14,1 k €	+138%	-36,7 k €	+25.7%	-49,4 k €	-203%	47,9 k €	+62.4%	29,5 k €	-54.5%	64,8 k €	+3.5%	62,7 k €	+16.0%	54 k €	-24.9%	72 k €	+3.4%	69,6 k €	-94.1%	1,2 M €	+2583%	43,9 k €	-2.6%	45,1 k €	+121%	20,4 k €	+72.2%	11,9 k €	+24.8%	9,5 k €
Balance sheet
Equity	919,9 k €	-8.0%	999,6 k €	-4.6%	1 M €	+1.4%	1 M €	-3.4%	1,1 M €	-5.4%	1,1 M €	+4.4%	1,1 M €	+2.8%	1,1 M €	+0.1%	1,1 M €	-47.1%	2 M €	+2.8%	1,9 M €	+3.9%	1,9 M €	+3.9%	1,8 M €	+191%	616,6 k €	+7.7%	572,6 k €	+8.6%	527,5 k €	+4.0%	507,1 k €	+2.4%	495,3 k €
Total assets	925 k €	-12.0%	1,1 M €	-4.7%	1,1 M €	+1.7%	1,1 M €	-3.5%	1,1 M €	-0.7%	1,1 M €	+1.8%	1,1 M €	-6.4%	1,2 M €	-31.1%	1,7 M €	-15.5%	2 M €	+5.0%	1,9 M €	+1.8%	1,9 M €	+4.6%	1,8 M €	+174%	666,6 k €	+10.3%	604,4 k €	-11.5%	682,9 k €	+4.5%	653,7 k €	-8.0%	710,6 k €
Cash	296 k €	+48.7%	199 k €	-38.0%	320,8 k €	-24.2%	423,1 k €	-9.9%	469,6 k €	+31.2%	357,9 k €	+6.5%	336 k €	-0.6%	338,1 k €	-61.6%	880,7 k €	-35.1%	1,4 M €	+30.2%	1 M €	+4.4%	998 k €	+301%	249,1 k €	+5.4%	236,3 k €	+88.0%	125,7 k €	+210%	40,6 k €	-84.1%	254,9 k €	-12.8%	292,3 k €
Debts	5,1 k €	-90.1%	51,7 k €	-7.3%	55,8 k €	+8.6%	51,4 k €	-4.9%	54 k €		–		28,3 k €	-68.2%	89 k €	-85.8%	624,9 k €	+13584%	4,6 k €	-13.7%	5,3 k €	+1082%	447,7 €	-98.5%	30,1 k €	+159%	11,6 k €	-51.1%	23,7 k €	-82.3%	134,5 k €	+0.2%	134,2 k €	-34.2%	203,9 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

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 · 2 active · 20 ended

Active mandates

CLYVANTO

Managing director · since 30 novembre 2023 · 0461.470.669

Represented by Filip Vanlerberghe

Active

K - 2

Managing director · since 30 novembre 2023 · 0461.472.748

Represented by Chris Vanlerberghe

Active

Ended mandates

CLYVANTO

Managing director · since 07 juin 2019 · until 07 juin 2025 · 0461.470.669

Represented by Filip VANLERBERGHE

Ended

CLYVANTO

Managing director · since 07 juin 2019 · until 07 juin 2025 · 0461.470.669

Represented by Vanlerberghe FILIP

Ended

CLYVANTO

Managing director · since 07 juin 2019 · until 06 juin 2025 · 0461.470.669

Represented by Filip VANLERBERGHE

Ended

K - 2

Managing director · since 07 juin 2019 · until 07 juin 2025 · 0461.472.748

Represented by Chris VANLERBERGHE

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Abridged 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	17/08/2026	24/08/2025	28/08/2024	29/09/2023	31/08/2022	31/08/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	18/05/2023	31/08/2022	30/08/2021
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
Abridged model	31/12/2025	05/06/2026	17/08/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	24/08/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	28/08/2024	Dutch	PDF
Micro model	31/12/2022	18/05/2023	29/09/2023	Dutch	PDF
Micro model	31/12/2021	31/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/08/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/08/2020	13/10/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	13/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	07/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	21/06/2007	Dutch	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 · 2 active · 20 ended

Active mandates

CLYVANTO

Managing director · since 30 novembre 2023 · 0461.470.669

Represented by Filip Vanlerberghe

Active

K - 2

Managing director · since 30 novembre 2023 · 0461.472.748

Represented by Chris Vanlerberghe

Active

Ended mandates

CLYVANTO

Managing director · since 07 juin 2019 · until 07 juin 2025 · 0461.470.669

Represented by Filip VANLERBERGHE

Ended

CLYVANTO

Managing director · since 07 juin 2019 · until 07 juin 2025 · 0461.470.669

Represented by Vanlerberghe FILIP

Ended

CLYVANTO

Managing director · since 07 juin 2019 · until 06 juin 2025 · 0461.470.669

Represented by Filip VANLERBERGHE

Ended

K - 2

Managing director · since 07 juin 2019 · until 07 juin 2025 · 0461.472.748

Represented by Chris VANLERBERGHE

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2004
ONTSLAGEN - BENOEMINGEN
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 2025-79,6 k €↓
2024
Annual accounts 2024-48,1 k €↓
2023
Annual accounts 202314,1 k €↑
2022
Annual accounts 2022-36,7 k €↑
2021
Annual accounts 2021-49,4 k €↓
2018
Annual accounts 201847,9 k €↑
2017
Annual accounts 201729,5 k €↓
2016
Annual accounts 201664,8 k €↑
2015
Annual accounts 201562,7 k €↑
2014
Annual accounts 201454 k €↓
2013
Annual accounts 201372 k €↑
2012
Annual accounts 201269,6 k €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 201043,9 k €↓
2009
Annual accounts 200945,1 k €↑
2008
Annual accounts 200820,4 k €↑
2007
Annual accounts 200711,9 k €↑
2006
Annual accounts 20069,5 k €
22/01/1993
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

IMMO VASA

Overview

What does IMMO VASA do?

Trend over 18 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