ACTIVE

V.E.H.

Financial year 2025 · closed on 31/12/2025
Net result
39,1 k €
+769.5% YoY
Gross margin
318,8 k €
+6.2% YoY
Equity
79,2 k €
+97.4% YoY

What does V.E.H. do?

V.E.H. is a Private limited company incorporated in 1998. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Ronse.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.924.481
Incorporation
20/03/1998
Legal form
Private limited company
Registered office
Rue Neuve du Pont 2
9600 Ronse · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Joint committees (4)
  • 12503
  • 2000
  • 20018
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin318,8 k €300,3 k €280 k €330,3 k €347,2 k €323,1 k €292,3 k €216,1 k €235,4 k €211,5 k €183 k €183,8 k €260,3 k €202,2 k €130 k €138,5 k €113,6 k €105,3 k €
EBITDA115,6 k €76,2 k €-42,2 k €51,3 k €56,1 k €85,6 k €86,3 k €-6,3 k €18,6 k €45 k €37 k €40,9 k €94,9 k €51,5 k €29,4 k €51,7 k €39,8 k €34,9 k €
Operating result66,4 k €29 k €-90,6 k €14,6 k €35 k €47,6 k €58,2 k €-27,8 k €9,2 k €15 k €14,1 k €19 k €25 k €21 k €10,7 k €36,5 k €16,2 k €19,1 k €
Net result39,1 k €4,5 k €-118,5 k €96,8 €16,9 k €24,5 k €38,2 k €-30,8 k €960 €4,2 k €5,1 k €7 k €8,8 k €6,6 k €122 €19,9 k €6,8 k €10,1 k €
Balance sheet
Equity79,2 k €40,1 k €35,6 k €154,1 k €154 k €130,8 k €117 k €89,6 k €120,5 k €119,5 k €117,7 k €112,6 k €105,6 k €96,9 k €90,3 k €90,2 k €70,2 k €63,5 k €
Total assets996,3 k €1 M €1,1 M €1,2 M €1,1 M €782,5 k €812,6 k €757,8 k €665,1 k €599,4 k €533,4 k €577,6 k €618 k €583,8 k €591,3 k €465,3 k €496,2 k €447,5 k €
Cash102,4 k €52,3 k €37,5 k €143,5 k €24,8 k €40,3 k €141,6 k €20,5 k €18,2 k €9,1 k €13,1 k €61,8 k €80,1 k €101,3 k €88,5 k €39,9 k €43,8 k €38,7 k €
Debts875,2 k €980,7 k €1 M €1,1 M €896 k €632,7 k €681,6 k €668,2 k €541,3 k €472,3 k €407,8 k €450,9 k €501,5 k €475,7 k €491,9 k €366,9 k €417,7 k €376,6 k €
Other
Workforce6,3 ETP5,9 ETP6,5 ETP5,3 ETP4,7 ETP4,6 ETP3,8 ETP4,5 ETP4,4 ETP3,0 ETP3,1 ETP3,0 ETP2,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Joachim Vermeiren

Director · since 27 décembre 2022

Active
Simon Vermeiren

Director · since 27 décembre 2022

Active

Ended mandates

Benjamin Vermeiren

Director · since 27 décembre 2022 · until 31 octobre 2024

Ended
Benjamin Vermeiren

Director · since 27 décembre 2022

Ended
Rebecca Vermeiren

Director · since 27 décembre 2022 · until 28 février 2025

Ended
Rebecca Vermeiren

Director · since 27 décembre 2022

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date20/07/202630/07/202531/08/202429/03/202311/04/202230/04/2021
General meeting14/07/202627/06/202528/06/202425/03/202326/03/202227/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/07/202620/07/2026DutchPDF
Abridged model31/12/202427/06/202530/07/2025DutchPDF
Abridged model31/12/202328/06/202431/08/2024DutchPDF
Abridged model30/09/202225/03/202329/03/2023DutchPDF
Abridged model30/09/202126/03/202211/04/2022DutchPDF
Abridged model30/09/202027/03/202130/04/2021DutchPDF
Abridged model30/09/201928/03/202030/04/2020DutchPDF
Abridged model30/09/201830/03/201930/04/2019DutchPDF
Abridged model30/09/201730/03/201804/04/2018DutchPDF
Abridged model30/09/201625/03/201728/04/2017DutchPDF
Abridged model30/09/201526/03/201629/03/2016DutchPDF
Abridged model30/09/201428/03/201502/04/2015DutchPDF
Abridged model30/09/201329/03/201430/04/2014DutchPDF
Abridged model30/09/201230/03/201311/04/2013DutchPDF
Abridged model30/09/201131/03/201216/04/2012DutchPDF
Abridged model30/09/201026/03/201125/04/2011DutchPDF
Abridged model30/09/200927/03/201029/04/2010DutchPDF
Abridged model30/09/200828/03/200930/04/2009DutchPDF
Abridged model30/09/200729/03/200830/04/2008DutchPDF
Abridged model30/09/200624/03/200730/04/2007DutchPDF
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.

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 · 16 ended

Active mandates

Joachim Vermeiren

Director · since 27 décembre 2022

Active
Simon Vermeiren

Director · since 27 décembre 2022

Active

Ended mandates

Benjamin Vermeiren

Director · since 27 décembre 2022 · until 31 octobre 2024

Ended
Benjamin Vermeiren

Director · since 27 décembre 2022

Ended
Rebecca Vermeiren

Director · since 27 décembre 2022 · until 28 février 2025

Ended
Rebecca Vermeiren

Director · since 27 décembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other31/05/2010
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/01/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/03/2004
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Mandates25/10/2002
    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

Timeline

  1. 2025
    Annual accounts 202539,1 k €
  2. 2024
    Annual accounts 20244,5 k €
  3. 2023
    Annual accounts 2023-118,5 k €
  4. 2022
    Annual accounts 202296,8 €
  5. 2021
    Annual accounts 202116,9 k €
  6. 2018
    Annual accounts 201824,5 k €
  7. 2017
    Annual accounts 201738,2 k €
  8. 2016
    Annual accounts 2016-30,8 k €
  9. 2015
    Annual accounts 2015960 €
  10. 2014
    Annual accounts 20144,2 k €
  11. 2013
    Annual accounts 20135,1 k €
  12. 2012
    Annual accounts 20127 k €
  13. 2011
    Annual accounts 20118,8 k €
  14. 2010
    Annual accounts 20106,6 k €
  15. 2009
    Annual accounts 2009122 €
  16. 2008
    Annual accounts 200819,9 k €
  17. 2007
    Annual accounts 20076,8 k €
  18. 2006
    Annual accounts 200610,1 k €
  19. 20/03/1998
    IncorporationPrivate limited company