ACTIVE

VATI

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Financial year 2025 · closed on 30/09/2025

Net result

17,8 k €

-43.8% YoY

Gross margin

705,1 k €

+9.0% YoY

Equity

3,2 M €

+0.4% YoY

Workforce

0,3 ETP

-70.0% YoY

What does VATI do?

VATI is a Public limited company incorporated in 1994. Its main activity is: Activities of holding companies. Its registered office is in Gavere. It employs on average 0,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.080.763

Incorporation

07/07/1994

Legal form

Public limited company

Registered office

Provinciebaan 108
9890 Gavere · FlandreSee on map

Contributed capital

136 695,04 €

Latest accounts

30/09/2025

Average workforce

0,3 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities 74151Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	705,1 k €	+9.0%	646,7 k €	-65.0%	1,8 M €	+202%	610,2 k €	-54.2%	1,3 M €	+18.7%	1,1 M €	+25.2%	896,2 k €	+28.1%	699,8 k €	+0.5%	696,1 k €	+197%	234,1 k €	+321%	55,6 k €	-44.4%	99,9 k €	-6.5%	106,8 k €	-13.8%	123,9 k €	-1.8%	126,2 k €	-59.9%	314,6 k €	-4.6%	329,9 k €	+188%	114,6 k €	+0.0%	114,5 k €
EBITDA	616,7 k €	+9.7%	562,1 k €	-68.1%	1,8 M €	+223%	545,1 k €	-57.9%	1,3 M €	+21.3%	1,1 M €	+27.9%	833,6 k €	+29.9%	641,9 k €	+0.2%	640,6 k €	+175%	232,6 k €	+394%	47,1 k €	-50.6%	95,2 k €	-6.9%	102,2 k €	-12.5%	116,8 k €	-4.2%	121,9 k €	-61.1%	313,4 k €	-3.6%	325,1 k €	+200%	108,3 k €	-1.0%	109,3 k €
Operating result	114,6 k €	-20.9%	144,9 k €	-89.5%	1,4 M €	+663%	180,2 k €	-81.0%	946,3 k €	+31.8%	717,9 k €	+47.6%	486,5 k €	+53.4%	317,1 k €	-20.9%	400,7 k €	+478%	-106 k €	-103%	-52,2 k €	-188%	59,5 k €	-18.3%	72,8 k €	-26.8%	99,4 k €	-4.9%	104,5 k €	-64.7%	296 k €	-3.8%	307,7 k €	+246%	88,8 k €	-1.0%	89,7 k €
Net result	17,8 k €	-43.8%	31,6 k €	-98.6%	2,2 M €	+1492%	139,6 k €	-85.1%	939,9 k €	+32.5%	709,6 k €	+38.3%	513 k €	+116%	237,1 k €	-38.3%	384,6 k €	+309%	-184,4 k €	-93.2%	-95,4 k €	-308%	45,8 k €	-43.0%	80,5 k €	+83.4%	43,9 k €	+526%	-10,3 k €	-105%	193,5 k €	+6.8%	181,2 k €	+177%	65,3 k €	+199%	-65,7 k €
Balance sheet
Equity	3,2 M €	+0.4%	3,2 M €	+0.8%	3,2 M €	+48.6%	2,1 M €	+6.8%	2 M €	+1.8%	2 M €	+2.4%	1,9 M €	+14.6%	1,7 M €	+17.7%	1,4 M €	+27.4%	1,1 M €	-14.5%	1,3 M €	-8.0%	1,4 M €	-0.3%	1,4 M €	+6.0%	1,3 M €	+3.4%	1,3 M €	-0.8%	1,3 M €	+17.4%	1,1 M €	+19.5%	928,2 k €	+7.6%	862,8 k €
Total assets	8,9 M €	+1.8%	8,8 M €	-1.0%	8,8 M €	+19.6%	7,4 M €	+1.7%	7,3 M €	-1.8%	7,4 M €	-1.6%	7,5 M €	-0.4%	7,6 M €	+1.0%	7,5 M €	+91.7%	3,9 M €	+43.8%	2,7 M €	-11.2%	3,1 M €	+11.3%	2,7 M €	+13.4%	2,4 M €	+2.1%	2,4 M €	-1.2%	2,4 M €	+12.5%	2,1 M €	+10.4%	1,9 M €	+2.6%	1,9 M €
Cash	1,3 k €	-96.9%	41,6 k €	-52.8%	88,2 k €	-82.3%	498,9 k €	+887%	50,5 k €	-77.2%	221,7 k €	+353%	48,9 k €	-31.4%	71,3 k €	-90.0%	713,4 k €	+86.7%	382,1 k €	+2.8%	371,6 k €	-44.8%	673,7 k €	+61.6%	417 k €	+132%	180 k €	-39.8%	299 k €	-46.1%	554,3 k €	+21.2%	457,3 k €	+638%	62 k €	-35.1%	95,6 k €
Debts	5,6 M €	+1.2%	5,5 M €	-2.4%	5,7 M €	+9.1%	5,2 M €	-1.1%	5,2 M €	-2.3%	5,4 M €	-2.8%	5,5 M €	-4.1%	5,8 M €	-2.9%	5,9 M €	+126%	2,6 M €	+112%	1,2 M €	-10.8%	1,4 M €	+22.6%	1,1 M €	+25.8%	898,6 k €	+2.7%	875,1 k €	-1.9%	892 k €	+1.3%	880,7 k €	-1.2%	891,4 k €	+55.0%	575 k €
Other
Workforce	0,3 ETP	-70.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–		–		–		–		–

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 30/09/2025 · 1 active · 22 ended

Active mandates

HELLEVE

Director · since 20 janvier 2017 · 0638.953.747

Represented by Van HENDE GILLES

Active

Ended mandates

CEVEHA

Director · since 13 mars 2018 · until 02 février 2023 · 0898.802.691

Represented by Christian Van Hende

Ended

CEVEHA

Director · since 13 mars 2018 · until 12 mars 2024 · 0898.802.691

Represented by Christian VAN HENDE

Ended

CEVEHA

Director · since 13 mars 2018 · until 12 mars 2024 · 0898.802.691

Represented by Christian VAN HENDE

Ended

HELLEVE

Director · since 13 mars 2018 · until 12 mars 2024 · 0638.953.747

Represented by Gilles Van Hende

Ended

At this address

Other companies at this address

Company	CBE no.
HOVE VAN HERPELGEM● Active	0640.943.237
LAVILA● Active	0849.471.461
VAN HENDE● Active	0423.583.756
VINS SUR VINGT● Active	0467.865.048

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/04/2026	29/04/2025	28/03/2024	28/04/2023	09/03/2022	19/04/2021
General meeting	14/04/2026	02/04/2025	12/03/2024	31/03/2023	08/03/2022	19/03/2021
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	30/09/2025	14/04/2026	15/04/2026	Dutch	PDF
Abridged model	30/09/2024	02/04/2025	29/04/2025	Dutch	PDF
Abridged model	30/09/2023	12/03/2024	28/03/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	08/03/2022	09/03/2022	Dutch	PDF
Abridged model	30/09/2020	19/03/2021	19/04/2021	Dutch	PDF
Abridged model	30/09/2019	10/03/2020	26/03/2020	Dutch	PDF
Abridged model	30/09/2018	21/03/2019	24/04/2019	Dutch	PDF
Abridged model	30/09/2017	13/03/2018	04/04/2018	Dutch	PDF
Abridged model	30/09/2016	14/03/2017	15/03/2017	Dutch	PDF
Abridged model	30/09/2015	08/03/2016	09/03/2016	Dutch	PDF
Abridged model	30/09/2014	10/03/2015	14/04/2015	Dutch	PDF
Abridged model	30/09/2013	11/03/2014	03/04/2014	Dutch	PDF
Abridged model	30/09/2012	12/03/2013	12/04/2013	Dutch	PDF
Abridged model	30/09/2011	13/03/2012	06/04/2012	Dutch	PDF
Abridged model	30/09/2010	08/03/2011	29/03/2011	Dutch	PDF
Abridged model	30/09/2009	09/03/2010	27/04/2010	Dutch	PDF
Abridged model	30/09/2008	10/03/2009	27/05/2009	Dutch	PDF
Abridged model	30/09/2007	11/03/2008	24/05/2008	Dutch	PDF
Abridged model	30/09/2006	13/03/2007	14/03/2007	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 30/09/2025 · 1 active · 22 ended

Active mandates

HELLEVE

Director · since 20 janvier 2017 · 0638.953.747

Represented by Van HENDE GILLES

Active

Ended mandates

CEVEHA

Director · since 13 mars 2018 · until 02 février 2023 · 0898.802.691

Represented by Christian Van Hende

Ended

CEVEHA

Director · since 13 mars 2018 · until 12 mars 2024 · 0898.802.691

Represented by Christian VAN HENDE

Ended

CEVEHA

Director · since 13 mars 2018 · until 12 mars 2024 · 0898.802.691

Represented by Christian VAN HENDE

Ended

HELLEVE

Director · since 13 mars 2018 · until 12 mars 2024 · 0638.953.747

Represented by Gilles Van Hende

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring21/09/2026
NEERLEGGING FUSIEVOORSTEL
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other10/02/2017
DIVERSEN
PDF
Mandates08/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/04/2011
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 202517,8 k €↓
2024
Annual accounts 202431,6 k €↓
2023
Annual accounts 20232,2 M €↑
2022
Annual accounts 2022139,6 k €↓
2021
Annual accounts 2021939,9 k €↑
2020
Annual accounts 2020709,6 k €↑
2019
Annual accounts 2019513 k €↑
2018
Annual accounts 2018237,1 k €↓
2017
Annual accounts 2017384,6 k €↑
2016
Annual accounts 2016-184,4 k €↓
2015
Annual accounts 2015-95,4 k €↓
2014
Annual accounts 201445,8 k €↓
2013
Annual accounts 201380,5 k €↑
2012
Annual accounts 201243,9 k €↑
2011
Annual accounts 2011-10,3 k €↓
2010
Annual accounts 2010193,5 k €↑
2009
Annual accounts 2009181,2 k €↑
2008
Annual accounts 200865,3 k €↑
2007
Annual accounts 2007-65,7 k €
07/07/1994
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

VATI

Overview

What does VATI do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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