NORMAL SITUATION

VMA West

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Company — Normal situation.

Financial year 2021 · Closed on 31/12/2021

Net result2,1 M €+70,9 %over 1 year
Revenue9 M €-40,1 %over 1 year
Equity7,8 M €+36,3 %over 1 year
Workforce44,4 ETP-4,9 %over 1 year

Identity

Source · BCE/KBO

VMA West is a company registered in Belgium. It employs on average 44,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.174.408
Legal form
Public limited company
Contributed capital
4 150 000,00 €
Latest accounts
31/12/2021
Average workforce
44,4 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 10 financial years

20212020201920182017
Income statement
Revenue9 M €15 M €10,6 M €7,1 M €8,6 M €
EBITDA2,4 M €1,4 M €1,9 M €1,3 M €1,9 M €
Operating result2,4 M €1,2 M €1,8 M €1,4 M €1,6 M €
Net result2,1 M €1,2 M €1,8 M €1,4 M €1,7 M €
Balance sheet
Equity7,8 M €5,7 M €5,4 M €5,2 M €5,1 M €
Total assets32,8 M €10,2 M €10,4 M €9,2 M €9,1 M €
Cash–––––
Debts14,6 M €4,4 M €4,8 M €3,8 M €3,7 M €
Other
Workforce44,4 ETP46,7 ETP48,1 ETP49,1 ETP56,9 ETP

Board of directors

Source · NBB, accounts to 31/12/2021

3 active · 13 ended

Active mandates

Guy Wynendaele

Director · since 14 juin 2018 · until 26 mars 2024

Active
Mipad

Director · since 14 juin 2018 · until 26 mars 2024 · 0688.548.857

Represented by Stefaan Devolder

Active
Nicolas Nicolaus

Director · since 14 juin 2018 · until 26 mars 2024

Active

Ended mandates

Mipad

Director · since 14 juin 2018 · until 26 mars 2024 · 0688.548.857

Represented by Stefaan Devolder

Ended
DEMAC

Director · since 01 juillet 2014 · until 27 mars 2018 · 0472.977.146

Represented by Jan Ackx

Ended
DEMAC

Director · since 01 juillet 2014 · until 14 juin 2018 · 0472.977.146

Represented by Jan Ackx

Ended
Guy Wynendaele

Director · since 16 décembre 2013 · until 27 mars 2018

Ended

Full financial information

Source · NBB
202120202019201820172016
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/06/202228/04/202116/06/202015/07/201929/06/201801/06/2017
General meeting17/06/202206/04/202109/06/202028/06/201914/06/201804/05/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202117/06/202220/06/2022DutchPDF
Full model31/12/202006/04/202128/04/2021DutchPDF
Full model31/12/201909/06/202016/06/2020DutchPDF
Full model31/12/201828/06/201915/07/2019DutchPDF
Full model31/12/201714/06/201829/06/2018DutchPDF
Full model31/12/201604/05/201701/06/2017DutchPDF
Full model31/12/201522/03/201614/06/2016DutchPDF
Full model31/12/201424/03/201522/12/2015DutchPDF
Full model31/12/201325/03/201402/06/2014DutchPDF
Full model30/06/201230/01/201324/04/2013DutchPDF
Full model30/06/201103/12/201114/05/2012DutchPDF
Full model30/06/201004/05/201112/05/2011DutchPDF
Abridged model30/06/200905/12/200918/12/2009DutchPDF
Abridged model30/06/200806/12/200815/12/2008DutchPDF
Abridged model30/06/200701/12/200704/12/2007DutchPDF
Abridged model30/06/200602/12/200605/12/2006DutchPDF
Abridged model30/06/200510/11/200508/12/2005DutchPDF
Abridged model30/06/200404/12/200414/12/2004DutchPDF
Abridged model30/06/200306/12/200312/12/2003DutchPDF
Abridged model30/11/200102/02/200208/02/2002DutchPDF
Abridged model30/11/200005/05/200123/05/2001DutchPDF
Abridged model30/06/199916/09/199929/12/1999DutchPDF
Abridged model30/06/199817/09/199810/11/1998Dutch—
Abridged model30/06/199718/09/199721/10/1997Dutch—

View all 27 filings

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 31/12/2021

3 active · 13 ended

Active mandates

Guy Wynendaele

Director · since 14 juin 2018 · until 26 mars 2024

Active
Mipad

Director · since 14 juin 2018 · until 26 mars 2024 · 0688.548.857

Represented by Stefaan Devolder

Active
Nicolas Nicolaus

Director · since 14 juin 2018 · until 26 mars 2024

Active

Ended mandates

Mipad

Director · since 14 juin 2018 · until 26 mars 2024 · 0688.548.857

Represented by Stefaan Devolder

Ended
DEMAC

Director · since 01 juillet 2014 · until 27 mars 2018 · 0472.977.146

Represented by Jan Ackx

Ended
DEMAC

Director · since 01 juillet 2014 · until 14 juin 2018 · 0472.977.146

Represented by Jan Ackx

Ended
Guy Wynendaele

Director · since 16 décembre 2013 · until 27 mars 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution24/02/2022
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/10/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/11/2017
    KAPITAAL - AANDELEN
    PDF
  • Mandates15/12/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF

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

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Timeline

  1. 2021
    Annual accounts 20212,1 M €↑
  2. 2020
    Annual accounts 20201,2 M €↓
  3. 2019
    Annual accounts 20191,8 M €↑
  4. 2018
    Annual accounts 20181,4 M €↓
  5. 2017
    Annual accounts 20171,7 M €↑
  6. 2016
    Annual accounts 2016910,5 k €↑
  7. 2010
    Annual accounts 2010692,3 k €↓
  8. 2009
    Annual accounts 2009969,2 k €↑
  9. 2008
    Annual accounts 2008475,1 k €↑
  10. 2007
    Annual accounts 2007460,1 k €