VEEP TWO
0458.448.130 · rovalta.com · 22/09/2026
ACTIVE
VEEP TWO
Financial year 2025 · closed on 31/12/2025
Net result
17,5 k €
+164.5% YoY
Gross margin
31,7 k €
-40.1% YoY
Equity
75,9 k €
+30.1% YoY
Workforce
1,0 ETP
-37.5% YoY
Overview
What does VEEP TWO do?
VEEP TWO is a Private limited company incorporated in 1996. Its main activity is: Water collection, treatment and supply. Its registered office is in Namur. It employs on average 1,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0458.448.130
Incorporation
02/08/1996
Legal form
Private limited company
Registered office
Chaussée de Marche(NN) 879
5100 Namur · WallonieSee on map
5100 Namur · WallonieSee on map
Contributed capital
26 618,38 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
36130Water collection, treatment and supply· main47551Retail sale of other household equipment in specialised stores47591Retail sale of furniture, lighting equipment and other household articles in specialised stores31002Manufacture of furniture31020Manufacture of kitchen furniture47540Retail sale of electrical household appliances in specialised stores+3
Joint committees (1)
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 31,7 k € | -40.1% | 52,9 k € | -50.0% | 105,9 k € | +158% | 41,1 k € | -75.3% | 166,1 k € | -7.0% | 178,6 k € | +16.3% | 153,6 k € | -37.5% | 245,8 k € | +13.1% | 217,3 k € | -2.6% | 223,1 k € | -26.5% | 303,6 k € | -8.2% | 330,6 k € | -24.2% | 435,9 k € | +62.6% | 268,1 k € | +66.2% | 161,3 k € | +145% | 65,7 k € | +46.0% | 45 k € | +240% | 13,2 k € | -49.0% | 25,9 k € | -64.2% | 72,5 k € |
| EBITDA | 8,7 k € | +131% | -27,7 k € | -281% | -7,3 k € | +91.8% | -89,1 k € | -244% | 62 k € | -9.3% | 68,4 k € | +112% | 32,3 k € | -70.4% | 108,9 k € | +51.4% | 71,9 k € | -26.1% | 97,3 k € | -28.5% | 136 k € | -22.0% | 174,4 k € | -46.7% | 327,5 k € | +145% | 133,8 k € | +80.5% | 74,1 k € | +35.5% | 54,7 k € | +23.8% | 44,2 k € | +253% | 12,5 k € | -50.6% | 25,3 k € | -64.7% | 71,6 k € |
| Operating result | 13 k € | +139% | -33,4 k € | -238% | -9,9 k € | +88.7% | -87,6 k € | -252% | 57,5 k € | -5.8% | 61,1 k € | +2393% | 2,4 k € | -90.6% | 25,9 k € | +239% | 7,7 k € | -65.1% | 21,9 k € | -42.6% | 38,2 k € | -47.3% | 72,5 k € | -68.4% | 229,4 k € | +557% | 34,9 k € | +489% | -9 k € | -296% | 4,6 k € | -85.8% | 32,3 k € | +4949% | 639,9 € | -94.9% | 12,6 k € | -76.9% | 54,5 k € |
| Net result | 17,5 k € | +165% | -27,2 k € | -8259% | -325,4 € | +99.6% | -79,5 k € | -266% | 47,9 k € | -7.4% | 51,8 k € | +1371% | 3,5 k € | -81.8% | 19,3 k € | +1143% | -1,9 k € | -121% | 8,7 k € | -73.9% | 33,4 k € | -20.0% | 41,8 k € | -72.8% | 153,9 k € | +569% | 23 k € | +199% | -23,2 k € | -761% | -2,7 k € | -112% | 21,7 k € | +249% | -14,6 k € | -566% | -2,2 k € | -109% | 25,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 75,9 k € | +30.1% | 58,3 k € | -31.8% | 85,5 k € | -0.4% | 85,8 k € | -48.1% | 165,3 k € | +1.8% | 162,4 k € | +46.8% | 110,7 k € | -77.7% | 497,3 k € | +4.1% | 477,8 k € | -0.4% | 479,7 k € | +1.9% | 470,9 k € | +2.9% | 457,5 k € | +10.1% | 415,7 k € | +18.2% | 351,7 k € | +1216% | 26,7 k € | -46.4% | 49,9 k € | -5.1% | 52,6 k € | +70.5% | 30,8 k € | -32.2% | 45,4 k € | -4.6% | 47,6 k € |
| Total assets | 85,7 k € | -62.7% | 229,9 k € | -28.6% | 321,8 k € | -12.2% | 366,6 k € | -24.1% | 483,2 k € | -17.5% | 585,5 k € | +13.5% | 515,8 k € | -48.7% | 1 M € | -11.7% | 1,1 M € | -10.7% | 1,3 M € | +18.4% | 1,1 M € | -5.5% | 1,1 M € | -7.3% | 1,2 M € | -1.1% | 1,2 M € | +42.4% | 872,6 k € | +53.7% | 567,7 k € | +137% | 240 k € | -20.4% | 301,4 k € | -5.2% | 317,8 k € | -5.1% | 334,7 k € |
| Cash | 9,2 k € | -76.7% | 39,6 k € | -64.7% | 112,4 k € | -24.0% | 147,9 k € | -27.7% | 204,6 k € | -24.5% | 271,1 k € | +164% | 102,7 k € | -49.4% | 203,1 k € | +15.1% | 176,6 k € | -39.2% | 290,5 k € | +62.8% | 178,4 k € | -8.8% | 195,5 k € | +9.9% | 177,9 k € | -10.1% | 198 k € | +994% | 18,1 k € | -77.5% | 80,5 k € | – | – | – | – | ||||
| Debts | 9,8 k € | -94.2% | 169,8 k € | -27.6% | 234,5 k € | -15.9% | 278,9 k € | -11.8% | 316,1 k € | -25.0% | 421,3 k € | +4.4% | 403,3 k € | -19.7% | 502,4 k € | -23.6% | 657,3 k € | -17.3% | 794,6 k € | +31.3% | 605,4 k € | -11.1% | 681,1 k € | -16.2% | 812,8 k € | -8.7% | 890,4 k € | +5.8% | 841,7 k € | +62.5% | 517,9 k € | +176% | 187,4 k € | -30.7% | 270,6 k € | -0.6% | 272,3 k € | -5.1% | 287 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 1,0 ETP | -37.5% | 1,6 ETP | -20.0% | 2,0 ETP | -16.7% | 2,4 ETP | +14.3% | 2,1 ETP | -16.0% | 2,5 ETP | -16.7% | 3,0 ETP | -9.1% | 3,3 ETP | -19.5% | 4,1 ETP | 0.0% | 4,1 ETP | +7.9% | 3,8 ETP | 0.0% | 3,8 ETP | +35.7% | 2,8 ETP | +21.7% | 2,3 ETP | +15.0% | 2,0 ETP | +100% | 1,0 ETP | – | – | – | – | ||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 6 ended
Active mandates
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
VEEP● Active | 0883.587.153 |
Financials
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/04/2026 | 24/06/2025 | 31/07/2024 | 26/07/2023 | 31/07/2022 | 28/07/2021 |
| General meeting | 07/04/2026 | 19/06/2025 | 29/06/2024 | 06/07/2023 | 03/06/2022 | 04/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 07/04/2026 | 30/04/2026 | French | |
| Abridged model | 31/12/2024 | 19/06/2025 | 24/06/2025 | French | |
| Abridged model | 31/12/2023 | 29/06/2024 | 31/07/2024 | French | |
| Abridged model | 31/12/2022 | 06/07/2023 | 26/07/2023 | French | |
| Abridged model | 31/12/2021 | 03/06/2022 | 31/07/2022 | French | |
| Abridged model | 31/12/2020 | 04/06/2021 | 28/07/2021 | French | |
| Abridged model | 31/12/2019 | 05/06/2020 | 31/07/2020 | French | |
| Abridged model | 31/12/2018 | 07/06/2019 | 30/07/2019 | French | |
| Abridged model | 31/12/2017 | 01/06/2018 | 31/07/2018 | French | |
| Abridged model | 31/12/2016 | 02/06/2017 | 14/08/2017 | French | |
| Abridged model | 31/12/2015 | 06/06/2016 | 31/08/2016 | French | |
| Abridged model | 31/12/2014 | 05/06/2015 | 21/08/2015 | French | |
| Abridged model | 31/12/2013 | 06/06/2014 | 29/08/2014 | French | |
| Abridged model | 31/12/2012 | 07/06/2013 | 29/08/2013 | French | |
| Abridged model | 31/12/2011 | 01/06/2012 | 31/07/2012 | French | |
| Abridged model | 31/12/2010 | 03/06/2011 | 29/07/2011 | French | |
| Abridged model | 31/12/2009 | 15/06/2010 | 17/06/2010 | French | |
| Abridged model | 31/12/2008 | 30/06/2009 | 28/07/2009 | French | |
| Abridged model | 31/12/2007 | 30/06/2008 | 29/07/2008 | French | |
| Abridged model | 31/12/2006 | 02/05/2007 | 08/05/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 6 ended
Active mandates
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring09/06/2026RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring25/03/2026RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates30/10/2025SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates13/09/2021MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
- Restructuring26/08/2019RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring26/03/2019RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates03/12/2010DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates19/06/2009CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202517,5 k €↑
- 2024Annual accounts 2024-27,2 k €↓
- 2023Annual accounts 2023-325,4 €↑
- 2022Annual accounts 2022-79,5 k €↓
- 2021Annual accounts 202147,9 k €↓
- 2020Annual accounts 202051,8 k €↑
- 2019Annual accounts 20193,5 k €↓
- 2018Annual accounts 201819,3 k €↑
- 2017Annual accounts 2017-1,9 k €↓
- 2016Annual accounts 20168,7 k €↓
- 2015Annual accounts 201533,4 k €↓
- 2014Annual accounts 201441,8 k €↓
- 2013Annual accounts 2013153,9 k €↑
- 2012Annual accounts 201223 k €↑
- 2011Annual accounts 2011-23,2 k €↓
- 2010Annual accounts 2010-2,7 k €↓
- 2009Annual accounts 200921,7 k €↑
- 2008Annual accounts 2008-14,6 k €↓
- 2007Annual accounts 2007-2,2 k €↓
- 2006Annual accounts 200625,7 k €
- 02/08/1996IncorporationPrivate limited company