ACTIVE

VIBOL

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Financial year 2025 · closed on 30/06/2025

Net result

593,9 k €

+75.6% YoY

Gross margin

1,9 M €

+7.8% YoY

Equity

2,3 M €

+5.0% YoY

Workforce

15,6 ETP

-3.7% YoY

What does VIBOL do?

VIBOL is a Public limited company incorporated in 1996. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Wevelgem. It employs on average 15,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.210.470

Incorporation

14/11/1996

Legal form

Public limited company

Registered office

Nijverheidslaan 45-47
8560 Wevelgem · FlandreSee on map

Contributed capital

129 484,52 €

Latest accounts

30/06/2025

Average workforce

15,6 ETP

Activities (NACE)

20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics· main 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 46731Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics+4

Joint committees (2)

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 16 financial years

	2025		2024		2023		2022		2020		2019		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,9 M €	+7.8%	1,7 M €	-7.9%	1,9 M €	-4.0%	2 M €	+34.7%	1,5 M €	-29.9%	2,1 M €	+967%	194,4 k €	+12.5%	172,8 k €	-0.0%	172,9 k €	-33.4%	259,8 k €	+19.5%	217,4 k €	+30.6%	166,5 k €	-6.6%	178,3 k €	-10.3%	198,8 k €	-9.5%	219,6 k €	+38.2%	158,9 k €
EBITDA	871,2 k €	+31.2%	663,9 k €	-14.1%	772,8 k €	-6.5%	826,7 k €	+27.0%	651 k €	-43.6%	1,2 M €	+497%	193,3 k €	+12.5%	171,8 k €	-0.1%	171,9 k €	-33.6%	258,8 k €	+21.6%	212,8 k €	+28.5%	165,5 k €	-6.7%	177,3 k €	-10.4%	197,9 k €	-9.3%	218,2 k €	+38.6%	157,4 k €
Operating result	666,1 k €	+47.7%	451,1 k €	-27.9%	625,4 k €	-6.4%	668,2 k €	+121%	302,8 k €	-59.2%	742,5 k €	+295%	187,9 k €	+11.8%	168,2 k €	-1.9%	171,4 k €	-6.5%	183,4 k €	+5.4%	173,9 k €	+7.3%	162,1 k €	-7.1%	174,5 k €	-11.1%	196,3 k €	-9.3%	216,6 k €	+37.8%	157,2 k €
Net result	593,9 k €	+75.6%	338,2 k €	-34.6%	517,5 k €	+3.2%	501,4 k €	+91.0%	262,5 k €	-55.7%	592,7 k €	+284%	154,6 k €	-3.3%	159,8 k €	+0.2%	159,5 k €	-57.8%	377,6 k €	+136%	160,1 k €	-2.1%	163,4 k €	+14.3%	143 k €	-23.3%	186,3 k €	+2.0%	182,7 k €	-6.0%	194,4 k €
Balance sheet
Equity	2,3 M €	+5.0%	2,2 M €	+8.4%	2 M €	-3.7%	2,1 M €	-59.7%	5,1 M €	+5.4%	4,9 M €	+1300%	348,3 k €	+0.0%	348,3 k €	+0.0%	348,2 k €	+0.1%	348 k €	+0.0%	347,9 k €	+0.0%	347,8 k €	+0.1%	347,6 k €	-59.0%	847,4 k €	+0.0%	847,1 k €	+0.7%	841,1 k €
Total assets	3,7 M €	+2.8%	3,6 M €	-5.5%	3,8 M €	+10.0%	3,4 M €	-46.2%	6,3 M €	-4.7%	6,7 M €	+19.8%	5,6 M €	-16.6%	6,7 M €	-17.6%	8,1 M €	+13.1%	7,2 M €	-3.8%	7,4 M €	+11.0%	6,7 M €	+11.8%	6 M €	-2.3%	6,1 M €	-3.8%	6,4 M €	+6.2%	6 M €
Cash	618,6 k €	+41.8%	436,2 k €	-31.8%	639,3 k €	+32.4%	482,9 k €	-43.9%	860,3 k €	+1.3%	849 k €	+4.6%	811,4 k €	-50.9%	1,7 M €	+28.3%	1,3 M €	+66.4%	773,9 k €	-68.9%	2,5 M €	+147%	1 M €	-20.9%	1,3 M €	+36.0%	936,3 k €	-16.9%	1,1 M €	+42.4%	790,8 k €
Debts	1,4 M €	-0.6%	1,4 M €	-21.1%	1,8 M €	+31.1%	1,3 M €	+11.6%	1,2 M €	-32.2%	1,8 M €	-65.8%	5,2 M €	-15.1%	6,1 M €	-18.1%	7,5 M €	+14.7%	6,5 M €	-4.2%	6,8 M €	+12.7%	6,1 M €	+12.3%	5,4 M €	+7.1%	5 M €	-4.4%	5,3 M €	+6.5%	4,9 M €
Other
Workforce	15,6 ETP	-3.7%	16,2 ETP	-5.8%	17,2 ETP	-6.0%	18,3 ETP	+22.8%	14,9 ETP	-10.2%	16,6 ETP		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 9 ended

Active mandates

PLAM

Director · since 24 juin 2019 · 0830.290.009

Represented by Lieven Spillebeen

Active

Ended mandates

Lieven Spillebeen

Managing director · since 06 février 2015 · until 07 février 2020

Ended

André Spillebeen

Managing director · since 07 février 2014 · until 07 février 2020

Ended

André SPILLEBEEN BVBA

Director · since 07 février 2014 · until 07 février 2020 · 0417.998.833

Represented by Andre Spillebeen

Ended

Marleen Vergote

Managing director · since 07 février 2014 · until 07 février 2020

Ended

At this address

Other companies at this address

Company	CBE no.
MARAN● Active	0870.635.178
MMSTREET● Active	0476.986.216
PLAM● Active	0830.290.009
SVM● Active	0842.060.562

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	01/07/2024	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	17/11/2025	30/09/2024	29/11/2023	28/10/2022	05/10/2021	10/12/2020
General meeting	17/10/2025	10/09/2024	31/10/2023	29/09/2022	17/09/2021	19/11/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	17/10/2025	17/11/2025	Dutch	PDF
Abridged model	30/06/2024	10/09/2024	30/09/2024	Dutch	PDF
Abridged model	30/06/2023	31/10/2023	29/11/2023	Dutch	PDF
Abridged model	30/06/2022	29/09/2022	28/10/2022	Dutch	PDF
Abridged model	30/06/2021	17/09/2021	05/10/2021	Dutch	PDF
Abridged model	30/06/2020	19/11/2020	10/12/2020	Dutch	PDF
Abridged model	30/06/2019	21/12/2019	14/01/2020	Dutch	PDF
Abridged model	30/06/2018	15/12/2018	27/12/2018	Dutch	PDF
Abridged model	30/09/2016	03/02/2017	02/03/2017	Dutch	PDF
Abridged model	30/09/2015	05/02/2016	07/03/2016	Dutch	PDF
Abridged model	30/09/2014	06/02/2015	05/03/2015	Dutch	PDF
Abridged model	30/09/2013	07/02/2014	10/03/2014	Dutch	PDF
Abridged model	30/09/2012	01/02/2013	25/02/2013	Dutch	PDF
Abridged model	30/09/2011	03/02/2012	30/03/2012	Dutch	PDF
Abridged model	30/09/2010	04/02/2011	15/03/2011	Dutch	PDF
Abridged model	30/09/2009	05/02/2010	19/04/2010	Dutch	PDF
Abridged model	30/09/2008	06/02/2009	27/02/2009	Dutch	PDF
Abridged model	30/09/2007	01/02/2008	18/02/2008	Dutch	PDF
Abridged model	30/09/2006	02/02/2007	27/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 9 ended

Active mandates

PLAM

Director · since 24 juin 2019 · 0830.290.009

Represented by Lieven Spillebeen

Active

Ended mandates

Lieven Spillebeen

Managing director · since 06 février 2015 · until 07 février 2020

Ended

André Spillebeen

Managing director · since 07 février 2014 · until 07 février 2020

Ended

André SPILLEBEEN BVBA

Director · since 07 février 2014 · until 07 février 2020 · 0417.998.833

Represented by Andre Spillebeen

Ended

Marleen Vergote

Managing director · since 07 février 2014 · until 07 février 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring16/04/2021
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/01/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates08/07/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring23/03/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/12/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other06/10/2017
ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office02/04/2015
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/03/2015
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 2025593,9 k €↑
2024
Annual accounts 2024338,2 k €↓
2023
Annual accounts 2023517,5 k €↑
2022
Annual accounts 2022501,4 k €↑
2020
Annual accounts 2020262,5 k €↓
2019
Annual accounts 2019592,7 k €↑
2016
Annual accounts 2016154,6 k €↓
2015
Annual accounts 2015159,8 k €↑
2014
Annual accounts 2014159,5 k €↓
2013
Annual accounts 2013377,6 k €↑
2012
Annual accounts 2012160,1 k €↓
2011
Annual accounts 2011163,4 k €↑
2010
Annual accounts 2010143 k €↓
2009
Annual accounts 2009186,3 k €↑
2008
Annual accounts 2008182,7 k €↓
2007
Annual accounts 2007194,4 k €
14/11/1996
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

VIBOL

Overview

What does VIBOL do?

Trend over 16 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