ACTIVE

VERMANDELE BART

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Financial year 2025 · closed on 31/12/2025
Net result
158,5 k €
-10.6% YoY
Gross margin
310,3 k €
+10.2% YoY
Equity
854,2 k €
+12.2% YoY

What does VERMANDELE BART do?

VERMANDELE BART is a Private limited company incorporated in 1994. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Middelkerke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0452.826.682
Incorporation
17/06/1994
Legal form
Private limited company
Registered office
Monnikenstraat 50
8433 Middelkerke · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation45331Sale of motor vehicle parts and accessories47529Retail sale of hardware, paints and glass in specialised stores47529Retail sale of hardware, paints and glass in specialised stores
Joint committees (1)
  • 1110
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin310,3 k €281,7 k €195,6 k €168,3 k €118,8 k €126,7 k €101,1 k €86,8 k €
EBITDA259,1 k €265 k €193,9 k €166,4 k €117,4 k €125,3 k €99,3 k €88,3 k €
Operating result227,6 k €237,5 k €170,5 k €144,9 k €96,9 k €112,4 k €94,2 k €69,7 k €
Net result158,5 k €177,3 k €121,1 k €101,3 k €69,1 k €82 k €65,4 k €47,3 k €
Balance sheet
Equity854,2 k €761,2 k €631,3 k €542,9 k €486,8 k €463,3 k €392,9 k €329 k €
Total assets1,1 M €901,2 k €768,6 k €636,4 k €561,1 k €538,8 k €466,5 k €406,8 k €
Cash811,7 k €148,5 k €30,9 k €36,9 k €30,2 k €21,2 k €36,5 k €17,1 k €
Debts206,3 k €132,8 k €133,9 k €91,1 k €71,9 k €72,7 k €71,4 k €75,6 k €
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 31/12/2025 · 2 active · 2 ended

Active mandates

Ann Traen

Director

Active
Bart Vermandele

Director

Active

Ended mandates

Ann Traen

Manager

Ended
Bart Vermandele

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202625/07/202507/06/202431/07/202310/06/202227/07/2021
General meeting29/05/202607/07/202507/05/202413/07/202311/05/202214/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202629/06/2026DutchPDF
Micro model31/12/202407/07/202525/07/2025DutchPDF
Micro model31/12/202307/05/202407/06/2024DutchPDF
Micro model31/12/202213/07/202331/07/2023DutchPDF
Micro model31/12/202111/05/202210/06/2022DutchPDF
Micro model31/12/202014/07/202127/07/2021DutchPDF
Micro model31/12/201929/05/202019/06/2020DutchPDF
Micro model31/12/201831/05/201913/06/2019DutchPDF
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 31/12/2025 · 2 active · 2 ended

Active mandates

Ann Traen

Director

Active
Bart Vermandele

Director

Active

Ended mandates

Ann Traen

Manager

Ended
Bart Vermandele

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares11/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN
    PDF
  • Capital / shares25/04/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates24/01/2006
    BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office28/07/2005
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 2025158,5 k €↓
  2. 2024
    Annual accounts 2024177,3 k €↑
  3. 2023
    Annual accounts 2023121,1 k €↑
  4. 2022
    Annual accounts 2022101,3 k €↑
  5. 2021
    Annual accounts 202169,1 k €↓
  6. 2020
    Annual accounts 202082 k €↑
  7. 2019
    Annual accounts 201965,4 k €↑
  8. 2018
    Annual accounts 201847,3 k €
  9. 17/06/1994
    IncorporationPrivate limited company