NORMAL SITUATION

VETTENBURG

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Company — Normal situation.

Financial year 2022 · Closed on 31/12/2022

Net result33,5 k €-55,0 %over 1 year

Gross margin174,7 k €-6,1 %over 1 year

Equity392,5 k €+9,3 %over 1 year

Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

VETTENBURG is a company registered in Belgium. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0451.014.861
Legal form: Private company with limited liability
Contributed capital: 136 341,44 €
Latest accounts: 31/12/2022
Average workforce: 2,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 30 filings

Trend over 17 financial years

	2022		2021		2020		2019		2018
Income statement
Gross margin	174,7 k €	-6.1%	185,9 k €	+36.6%	136,1 k €	-27.7%	188,1 k €	+18.3%	159 k €
EBITDA	61,7 k €	-35.3%	95,4 k €	+104%	46,7 k €	-29.3%	66,1 k €	+87.5%	35,2 k €
Operating result	48,8 k €	-49.1%	95,7 k €	+181%	34 k €	-36.3%	53,3 k €	+96.7%	27,1 k €
Net result	33,5 k €	-55.0%	74,6 k €	+276%	19,8 k €	-45.6%	36,5 k €	+41.1%	25,8 k €
Balance sheet
Equity	392,5 k €	+9.3%	359 k €	+26.2%	284,4 k €	+7.5%	264,5 k €	+16.0%	228,1 k €
Total assets	458,5 k €	-18.2%	560,6 k €	+72.9%	324,2 k €	+5.9%	306,2 k €	+12.8%	271,4 k €
Cash	343,7 k €	-18.9%	423,9 k €	+130%	183,9 k €	-3.7%	191 k €	+54.9%	123,3 k €
Debts	66 k €	-67.2%	201,5 k €	+405%	39,9 k €	-4.4%	41,7 k €	-3.7%	43,3 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 6 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Carolus Legein	Director	since 28/02/2021	000

Ended mandates

Director	Function	Mandate
Ludo Clemens	Manager	since 30/06/2017
Karel Legein	Manager
Ludo Clemens	Manager
MACAU0461.987.046Represented by Rita Maes	Associate

Full financial information

Source · NBB

	2022	2021	2020	2019	2018	2017
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/05/2023	30/06/2022	25/05/2021	26/05/2020	23/05/2019	02/05/2018
General meeting	02/05/2023	10/06/2022	30/04/2021	30/04/2020	30/04/2019	30/04/2018
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 30 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2022	02/05/2023	05/05/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/04/2021	25/05/2021	Dutch	PDF
Abridged model	31/12/2019	30/04/2020	26/05/2020	Dutch	PDF
Abridged model	31/12/2018	30/04/2019	23/05/2019	Dutch	PDF
Abridged model	31/12/2017	30/04/2018	02/05/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	17/05/2017	Dutch	PDF
Abridged model	31/12/2015	30/04/2016	23/05/2016	Dutch	PDF
Abridged model	31/12/2014	30/04/2015	19/05/2015	Dutch	PDF
Abridged model	31/12/2013	30/04/2014	26/05/2014	Dutch	PDF
Abridged model	31/12/2012	30/04/2013	30/05/2013	Dutch	PDF
Abridged model	31/12/2011	30/04/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	03/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	25/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/04/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	30/04/2008	26/05/2008	Dutch	PDF
Abridged model	31/12/2006	30/04/2007	29/05/2007	Dutch	PDF
Abridged model	31/12/2005	02/05/2006	19/05/2006	Dutch	PDF
Abridged model	31/12/2004	30/04/2005	19/05/2005	Dutch	PDF
Abridged model	31/12/2003	30/04/2004	27/05/2004	Dutch	PDF
Abridged model	31/12/2002	30/04/2003	12/05/2003	Dutch	PDF
Abridged model	31/12/2001	30/04/2002	27/05/2002	Dutch	PDF
Abridged model	31/12/2000	30/04/2001	29/05/2001	Dutch	PDF
Abridged model	31/12/1999	02/05/2000	26/05/2000	Dutch	PDF
Abridged model	31/12/1998	30/04/1999	28/05/1999	Dutch	PDF
Abridged model	31/10/1997	15/04/1998	13/05/1998	Dutch	—
Abridged model	31/10/1996	15/04/1997	21/05/1997	Dutch	—
Abridged model	31/10/1995	15/04/1996	17/04/1996	Dutch	—
Abridged model	31/10/1994	15/04/1995	09/05/1995	Dutch	—
Abridged model	31/10/1993	15/04/1994	07/06/1994	Dutch	—

Indicative valuation

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.

Board of directors

Source · NBB, accounts to 31/12/2022

1 active · 6 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Carolus Legein	Director	since 28/02/2021	000

Ended mandates

Director	Function	Mandate
Ludo Clemens	Manager	since 30/06/2017
Karel Legein	Manager
Ludo Clemens	Manager
MACAU0461.987.046Represented by Rita Maes	Associate

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution20/10/2023
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates12/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/03/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares10/11/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2022
Annual accounts 202233,5 k €↓
2021
Annual accounts 202174,6 k €↑
2020
Annual accounts 202019,8 k €↓
2019
Annual accounts 201936,5 k €↑
2018
Annual accounts 201825,8 k €↑
2017
Annual accounts 20171,3 k €↑
2016
Annual accounts 2016-6,7 k €↓
2015
Annual accounts 201548,1 k €↑
2014
Annual accounts 201417,7 k €↑
2013
Annual accounts 2013-131,1 €↓
2012
Annual accounts 201221,8 k €↑
2011
Annual accounts 20116,9 k €↑
2010
Annual accounts 20102,1 k €↓
2009
Annual accounts 200916,7 k €↑
2008
Annual accounts 2008-931,8 €↓
2007
Annual accounts 20078,5 k €↑
2006
Annual accounts 20067,3 k €

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kortrijksesteenweg 202/B, 9830 Sint-Martens-Latem	accounts 2022	Accounts 2022 · 2023-00080407
Kortrijksesteenweg 202 bte B, 9830 Sint-Martens-Latem	accounts 2021	Accounts 2021 · 2022-20110806

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.

VETTENBURG

Overview

Identity

Financials

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

Timeline

Registered offices