ACTIVE

VANMA

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Financial year 2025 · closed on 30/06/2025

Net result

29,3 k €

-34.9% YoY

Gross margin

562,2 €

+109.2% YoY

Equity

1,1 M €

+2.8% YoY

What does VANMA do?

VANMA is a Public limited company incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Turnhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.408.702

Incorporation

12/11/1993

Legal form

Public limited company

Registered office

Oude Dijk 2
2300 Turnhout · FlandreSee on map

Contributed capital

61 948,96 €

Latest accounts

30/06/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

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	562,2 €	+109%	-6,1 k €	-2672%	237,4 €	-89.1%	2,2 k €	+155%	-4 k €	+67.8%	-12,3 k €	-1.2%	-12,1 k €	+7.6%	-13,1 k €	-260%	-3,7 k €	-173%	5 k €	+491%	851,9 €	-73.3%	3,2 k €	-86.8%	24,1 k €	-45.0%	43,8 k €	+226%	13,4 k €	+162%	-21,7 k €	+34.5%	-33,1 k €	+14.6%	-38,7 k €	-3.7%	-37,3 k €
EBITDA	-1,9 k €	+78.5%	-8,8 k €	-348%	-2 k €	-2103%	-88,9 €	+98.2%	-5 k €	+70.0%	-16,7 k €	-26.6%	-13,2 k €	+6.3%	-14,1 k €	-211%	-4,5 k €	-286%	2,4 k €	+326%	-1,1 k €	-149%	2,2 k €	-89.9%	21,8 k €	-35.7%	33,9 k €	+155%	13,3 k €	+151%	-25,9 k €	+28.5%	-36,2 k €	+11.4%	-40,9 k €	-3.8%	-39,4 k €
Operating result	-16,1 k €	+30.0%	-23 k €	-42.3%	-16,1 k €	-13.1%	-14,3 k €	+25.7%	-19,2 k €	+37.9%	-30,9 k €	-10.5%	-28 k €	+5.0%	-29,4 k €	-52.6%	-19,3 k €	-64.3%	-11,7 k €	+23.1%	-15,3 k €	-27.4%	-12 k €	-257%	7,6 k €	-61.3%	19,7 k €	+316%	-9,1 k €	+81.1%	-48,3 k €	+23.8%	-63,4 k €	+7.0%	-68,2 k €	-1.6%	-67,1 k €
Net result	29,3 k €	-34.9%	45,1 k €	+2904%	-1,6 k €	-106%	25,5 k €	+568%	-5,4 k €	+79.7%	-26,8 k €	-27.8%	-21 k €	-106%	355,1 k €	+137%	149,7 k €	+343%	33,8 k €	-75.7%	138,8 k €	-51.8%	288,2 k €	+12.5%	256,2 k €	+1630%	-16,7 k €	-112%	143,2 k €	+207%	-133,8 k €	-386%	-27,5 k €	-174%	37,4 k €	+52.1%	24,6 k €
Balance sheet
Equity	1,1 M €	+2.8%	1 M €	+4.5%	1 M €	-0.2%	1 M €	+2.6%	980,8 k €	-0.6%	986,2 k €	-2.6%	1 M €	-8.9%	1,1 M €	-71.0%	3,8 M €	+4.1%	3,7 M €	+0.9%	3,6 M €	+4.0%	3,5 M €	+8.9%	3,2 M €	+8.6%	3 M €	-0.6%	3 M €	+5.0%	2,8 M €	-3.4%	2,9 M €	-0.9%	3 M €	+1.3%	2,9 M €
Total assets	1,4 M €	+2.7%	1,3 M €	+4.3%	1,3 M €	-14.0%	1,5 M €	+2.0%	1,4 M €	-1.4%	1,5 M €	-1.0%	1,5 M €	-6.1%	1,6 M €	-59.1%	3,8 M €	+4.4%	3,7 M €	+0.9%	3,7 M €	+4.0%	3,5 M €	+8.9%	3,2 M €	+8.6%	3 M €	-0.6%	3 M €	+5.0%	2,8 M €	-3.4%	2,9 M €	-0.9%	3 M €	+1.3%	2,9 M €
Cash	344,5 k €	+66.6%	206,7 k €	-59.2%	507,1 k €	-12.5%	579,6 k €	+24.7%	465 k €	+15.2%	403,5 k €	+3.6%	389,6 k €	+221%	121,5 k €	+38.1%	88 k €	+2681%	3,2 k €	-76.2%	13,3 k €	+25.4%	10,6 k €	+167%	4 k €	+2.8%	3,9 k €	-99.3%	567,4 k €	-27.7%	784,9 k €	-29.3%	1,1 M €	-51.7%	2,3 M €	+2.3%	2,2 M €
Debts	275,4 k €	+3.3%	266,5 k €	+3.5%	257,5 k €	-44.3%	462 k €	+0.7%	458,7 k €	-3.2%	473,7 k €	+2.7%	461,3 k €	+0.6%	458,6 k €	+3066%	14,5 k €	+300%	3,6 k €	+28.5%	2,8 k €	+2966%	92 €	-96.8%	2,9 k €	-2.6%	3 k €	+32.8%	2,2 k €	-33.5%	3,4 k €	+68.3%	2 k €	+2360%	81 €	-87.7%	660 €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 5 ended

Active mandates

Joseph Mais

Mandate

Active

Ended mandates

Joseph Maïs

Manager · since 13 novembre 2003

Ended

JOSEPH MAIS

Manager

Ended

Jozeph Mais

Mandate

Ended

JOZEPH MAIS

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/01/2026	17/01/2025	19/01/2024	18/01/2023	28/01/2022	12/01/2021
General meeting	20/11/2025	18/11/2024	20/11/2023	20/11/2022	15/11/2021	16/11/2020
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

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	20/11/2025	22/01/2026	Dutch	PDF
Micro model	30/06/2024	18/11/2024	17/01/2025	Dutch	PDF
Micro model	30/06/2023	20/11/2023	19/01/2024	Dutch	PDF
Micro model	30/06/2022	20/11/2022	18/01/2023	Dutch	PDF
Abridged model	30/06/2021	15/11/2021	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	16/11/2020	12/01/2021	Dutch	PDF
Abridged modelCorrection	30/06/2019	18/11/2019	04/01/2021	Dutch	PDF
Abridged model	30/06/2019	18/11/2019	18/12/2019	Dutch	PDF
Abridged modelCorrection	30/06/2018	19/11/2018	04/01/2021	Dutch	PDF
Abridged model	30/06/2018	19/11/2018	17/12/2018	Dutch	PDF
Abridged model	30/06/2017	20/11/2017	22/12/2017	Dutch	PDF
Abridged model	30/06/2016	16/11/2016	16/12/2016	Dutch	PDF
Abridged model	30/06/2015	16/11/2015	17/11/2015	Dutch	PDF
Abridged model	30/06/2014	31/12/2014	06/01/2015	Dutch	PDF
Abridged model	30/06/2013	31/12/2013	13/01/2014	Dutch	PDF
Abridged model	30/06/2012	31/12/2012	15/01/2013	Dutch	PDF
Abridged modelCorrection	30/06/2011	21/11/2011	05/04/2012	Dutch	PDF
Abridged model	30/06/2011	21/11/2011	01/03/2012	Dutch	PDF
Abridged model	30/06/2010	15/11/2010	28/02/2011	Dutch	PDF
Abridged model	30/06/2009	16/11/2009	13/01/2010	Dutch	PDF
Abridged model	30/06/2008	12/11/2008	27/01/2009	Dutch	PDF
Abridged model	30/06/2007	12/11/2007	25/01/2008	Dutch	PDF
Abridged model	30/06/2006	13/11/2006	25/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 1 active · 5 ended

Active mandates

Joseph Mais

Mandate

Active

Ended mandates

Joseph Maïs

Manager · since 13 novembre 2003

Ended

JOSEPH MAIS

Manager

Ended

Jozeph Mais

Mandate

Ended

JOZEPH MAIS

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2004
ONTSLAGEN - BENOEMINGEN - BOEKJAAR - WIJZIGING RECHTSVORM
PDF
Capital / shares15/04/2003
KAPITAAL - AANDELEN
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 202529,3 k €↓
2024
Annual accounts 202445,1 k €↑
2023
Annual accounts 2023-1,6 k €↓
2022
Annual accounts 202225,5 k €↑
2021
Annual accounts 2021-5,4 k €↑
2020
Annual accounts 2020-26,8 k €↓
2019
Annual accounts 2019-21 k €↓
2018
Annual accounts 2018355,1 k €↑
2017
Annual accounts 2017149,7 k €↑
2016
Annual accounts 201633,8 k €↓
2015
Annual accounts 2015138,8 k €↓
2014
Annual accounts 2014288,2 k €↑
2013
Annual accounts 2013256,2 k €↑
2012
Annual accounts 2012-16,7 k €↓
2011
Annual accounts 2011143,2 k €↑
2010
Annual accounts 2010-133,8 k €↓
2009
Annual accounts 2009-27,5 k €↓
2008
Annual accounts 200837,4 k €↑
2007
Annual accounts 200724,6 k €
12/11/1993
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

VANMA

Overview

What does VANMA do?

Trend over 19 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