VEMAGO
0464.691.564 · rovalta.com · 23/09/2026
ACTIVE
VEMAGO
Financial year 2025 · closed on 31/12/2025
Net result
-39,8 k €
-38.0% YoY
Gross margin
30,3 k €
-20.1% YoY
Equity
479,6 k €
-7.7% YoY
Overview
What does VEMAGO do?
VEMAGO is a Private limited company incorporated in 1998. Its main activity is: Passenger air transport. Its registered office is in Lennik.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0464.691.564
Incorporation
27/11/1998
Legal form
Private limited company
Registered office
Markt 7
1750 Lennik · FlandreSee on map
1750 Lennik · FlandreSee on map
Contributed capital
68 595,00 €
Latest accounts
31/12/2025
Activities (NACE)
51160Passenger air transport· main70200Management consultancy activities70220Business and other management consultancy activities46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
Joint committees (1)
- 201
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 30,3 k € | -20.1% | 37,9 k € | +181% | 13,5 k € | -96.3% | 362,1 k € | +317% | 86,8 k € | -27.4% | 119,6 k € | -22.4% | 154 k € | +7.2% | 143,7 k € | -4.6% | 150,6 k € | -4.9% | 158,4 k € | +3.8% | 152,6 k € | +22.2% | 124,8 k € | -7.8% | 135,3 k € | -24.4% | 179 k € | +26.5% | 141,5 k € | +125% | 62,8 k € | +150% | 25,1 k € | -8.7% | 27,5 k € | -16.8% | 33,1 k € |
| EBITDA | 8,4 k € | -74.4% | 33 k € | +502% | 5,5 k € | -98.5% | 357,8 k € | +338% | 81,8 k € | -26.3% | 110,9 k € | -27.7% | 153,5 k € | +7.5% | 142,7 k € | -4.0% | 148,7 k € | -5.4% | 157,1 k € | +5.8% | 148,6 k € | +28.9% | 115,3 k € | +15.5% | 99,9 k € | -1.1% | 101 k € | +13.1% | 89,3 k € | +132% | 38,6 k € | +57.6% | 24,5 k € | -9.4% | 27 k € | -16.4% | 32,3 k € |
| Operating result | -37,2 k € | -38.0% | -27 k € | +52.1% | -56,4 k € | -119% | 302,6 k € | +1194% | 23,4 k € | -44.5% | 42,2 k € | -48.5% | 81,9 k € | +8.0% | 75,8 k € | -9.0% | 83,3 k € | -16.9% | 100,2 k € | -2.0% | 102,2 k € | +43.4% | 71,2 k € | +46.8% | 48,5 k € | +0.8% | 48,1 k € | +20.1% | 40,1 k € | +1139% | -3,9 k € | +73.1% | -14,4 k € | -345% | 5,9 k € | -21.7% | 7,5 k € |
| Net result | -39,8 k € | -38.0% | -28,8 k € | +47.3% | -54,7 k € | -126% | 207,3 k € | +1345% | 14,3 k € | -46.5% | 26,8 k € | -47.2% | 50,8 k € | +43.3% | 35,4 k € | +0.2% | 35,3 k € | -31.8% | 51,8 k € | -6.2% | 55,2 k € | +47.6% | 37,4 k € | +70.8% | 21,9 k € | +261% | -13,6 k € | -136% | 37,5 k € | +421% | -11,7 k € | +57.0% | -27,2 k € | -1056% | -2,4 k € | -393% | 802 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 479,6 k € | -7.7% | 519,4 k € | -5.3% | 548,3 k € | -9.1% | 603 k € | +52.4% | 395,7 k € | +21.8% | 325 k € | -8.0% | 353,1 k € | +16.8% | 302,3 k € | +13.3% | 266,9 k € | +15.3% | 231,6 k € | +28.8% | 179,8 k € | +44.4% | 124,5 k € | +43.0% | 87,1 k € | +33.6% | 65,2 k € | -17.2% | 78,7 k € | +91.0% | 41,2 k € | -22.1% | 52,9 k € | +75.7% | 30,1 k € | -7.2% | 32,5 k € |
| Total assets | 585,5 k € | -16.0% | 697,3 k € | -11.4% | 787,1 k € | -13.9% | 914,6 k € | +18.2% | 773,7 k € | -6.4% | 826,9 k € | +0.0% | 826,8 k € | +17.4% | 704,3 k € | -2.7% | 724,2 k € | +10.6% | 654,5 k € | +7.5% | 609 k € | -5.2% | 642,4 k € | -9.8% | 712,1 k € | -7.7% | 771,9 k € | +30.4% | 592,1 k € | +8.5% | 546 k € | +24.3% | 439,1 k € | +43.8% | 305,4 k € | -3.4% | 316,3 k € |
| Cash | 48,9 k € | -75.1% | 196,5 k € | -14.0% | 228,5 k € | -47.0% | 431 k € | +980% | 39,9 k € | -9.2% | 43,9 k € | +54.9% | 28,4 k € | -37.3% | 45,2 k € | +86.2% | 24,3 k € | -5.1% | 25,6 k € | +74.5% | 14,7 k € | -15.6% | 17,4 k € | -68.0% | 54,3 k € | -36.1% | 85 k € | +98.8% | 42,8 k € | +88.1% | 22,7 k € | -29.9% | 32,4 k € | +56.9% | 20,7 k € | +54.4% | 13,4 k € |
| Debts | 104,5 k € | -41.2% | 177,9 k € | -24.9% | 236,8 k € | -24.0% | 311,7 k € | -17.6% | 378 k € | -24.7% | 501,9 k € | +5.9% | 473,8 k € | +18.3% | 400,6 k € | -12.4% | 457,3 k € | +8.1% | 422,9 k € | -1.5% | 429,3 k € | -17.1% | 517,9 k € | -16.3% | 618,6 k € | -12.5% | 706,7 k € | +37.7% | 513,3 k € | +1.7% | 504,7 k € | +30.7% | 386,2 k € | +40.3% | 275,3 k € | -2.8% | 283,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | 0,4 ETP | -50.0% | 0,8 ETP | -68.0% | 2,5 ETP | +66.7% | 1,5 ETP | +150% | 0,6 ETP | – | – | – | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Veerle Borremans
ActiveEnded mandates
Veerle Borremans
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 16/07/2026 | 20/06/2025 | 26/02/2024 | 02/06/2023 | 08/07/2022 | 11/06/2021 |
| General meeting | 29/06/2026 | 27/05/2025 | 21/02/2024 | 30/05/2023 | 31/05/2022 | 25/05/2021 |
| 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 |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 29/06/2026 | 16/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 27/05/2025 | 20/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 21/02/2024 | 26/02/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/05/2023 | 02/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 31/05/2022 | 08/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 25/05/2021 | 11/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 26/05/2020 | 02/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 28/05/2019 | 05/06/2019 | Dutch | |
| Micro model | 31/12/2017 | 29/05/2018 | 04/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 30/05/2017 | 05/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 31/05/2016 | 20/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/05/2015 | 08/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 27/05/2014 | 02/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/05/2013 | 08/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/05/2012 | 30/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 31/05/2011 | 22/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 27/05/2010 | 03/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 26/05/2009 | 05/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 29/05/2008 | 27/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 31/05/2007 | 30/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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 · 1 ended
Active mandates
Veerle Borremans
ActiveEnded mandates
Veerle Borremans
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates27/09/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office11/07/2008MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares31/10/2006KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-39,8 k €↓
- 2024Annual accounts 2024-28,8 k €↑
- 2023Annual accounts 2023-54,7 k €↓
- 2022Annual accounts 2022207,3 k €↑
- 2021Annual accounts 202114,3 k €↓
- 2019Annual accounts 201926,8 k €↓
- 2018Annual accounts 201850,8 k €↑
- 2017Annual accounts 201735,4 k €↑
- 2016Annual accounts 201635,3 k €↓
- 2015Annual accounts 201551,8 k €↓
- 2014Annual accounts 201455,2 k €↑
- 2013Annual accounts 201337,4 k €↑
- 2012Annual accounts 201221,9 k €↑
- 2011Annual accounts 2011-13,6 k €↓
- 2010Annual accounts 201037,5 k €↑
- 2009Annual accounts 2009-11,7 k €↑
- 2008Annual accounts 2008-27,2 k €↓
- 2007Annual accounts 2007-2,4 k €↓
- 2006Annual accounts 2006802 €
- 27/11/1998IncorporationPrivate limited company