ACTIVE

VLAM - N - VEST

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Financial year 2024 · closed on 31/12/2024

Net result

-30,4 M €

-595.1% YoY

Revenue

2,2 M €

+59.2% YoY

Equity

-2,5 M €

-108.7% YoY

Workforce

13,8 ETP

+45.3% YoY

What does VLAM - N - VEST do?

VLAM - N - VEST is a Public limited company incorporated in 1999. Its main activity is: Activities of holding companies. Its registered office is in Wevelgem. It employs on average 13,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.356.501

Incorporation

25/06/1999

Legal form

Public limited company

Registered office

Vlamingstraat 19
8560 Wevelgem · FlandreSee on map

Contributed capital

7 661 748,91 €

Latest accounts

31/12/2024

Average workforce

13,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74142Specialised design activities 68203Rental and operating of own or leased real estate+5

Joint committees (2)

Signals

Good liquidityPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2019		2018		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007
Income statement
Revenue	2,2 M €	+59.2%	1,4 M €	+4.7%	1,3 M €	-20.9%	1,7 M €	+173%	625 k €	-53.9%	1,4 M €	+7.5%	1,3 M €	+7.5%	1,2 M €	+5.1%	1,1 M €	-4.7%	1,2 M €	-4.9%	1,2 M €	+1.8%	1,2 M €	+11.3%	1,1 M €	-9.5%	1,2 M €		–		–
EBITDA	324,2 k €	-45.7%	597 k €	-6.1%	636 k €	-41.1%	1,1 M €	+1459%	-79,4 k €	-111%	731 k €	+25.8%	581 k €	+19.8%	484,8 k €	-6.2%	516,6 k €	-12.4%	590 k €	-17.6%	715,6 k €	+0.5%	712,1 k €	+13.6%	627,1 k €	-8.0%	681,6 k €	+103%	335,4 k €	+9.4%	306,4 k €
Operating result	354,2 k €	+289%	91,1 k €	-61.2%	235 k €	-78.0%	1,1 M €	+1302%	-89 k €	-113%	707,8 k €	+29.1%	548,1 k €	+20.6%	454,5 k €	-7.3%	490,2 k €	-13.7%	568,3 k €	-18.8%	700,1 k €	-0.8%	705,8 k €	+13.4%	622,3 k €	-5.8%	660,5 k €	+96.9%	335,4 k €	+9.6%	306,1 k €
Net result	-30,4 M €	-595%	-4,4 M €	+12.2%	-5 M €	-494%	1,3 M €	+1057%	-132 k €	-129%	456,8 k €	+27.3%	359 k €	+20.8%	297,1 k €	-8.4%	324,4 k €	-23.7%	425 k €	-11.7%	481,1 k €	-67.4%	1,5 M €	+291%	378 k €	-27.5%	521,4 k €	+183%	184,5 k €	+6.7%	173 k €
Balance sheet
Equity	-2,5 M €	-109%	28,5 M €	-13.3%	32,9 M €	+343%	7,4 M €	+20.5%	6,2 M €	-2.1%	6,3 M €	-7.8%	6,8 M €	+5.6%	6,5 M €	+4.8%	6,2 M €	+5.6%	5,8 M €	-8.3%	6,4 M €	+31.7%	4,8 M €	+44.0%	3,4 M €	+12.7%	3 M €	+36.7%	2,2 M €	+9.2%	2 M €
Total assets	82,6 M €	-18.7%	101,7 M €	-6.0%	108,1 M €	+1284%	7,8 M €	+13.0%	6,9 M €	-12.0%	7,9 M €	-7.6%	8,5 M €	+3.2%	8,2 M €	+0.2%	8,2 M €	+1.3%	8,1 M €	+1.4%	8 M €	+21.9%	6,6 M €	+3.2%	6,4 M €	+15.4%	5,5 M €	+15.3%	4,8 M €	+62.1%	3 M €
Cash	157 k €	-75.2%	632,8 k €	+76.8%	357,8 k €	-53.0%	761,6 k €	+90.0%	400,8 k €	+44.0%	278,4 k €	-68.2%	876,7 k €	+66.3%	527,2 k €	+25.8%	419,1 k €	+1496%	26,3 k €	-95.4%	567,7 k €	+212%	182,2 k €	+142%	75,3 k €	-71.0%	259,4 k €	-5.3%	273,8 k €	+175%	99,6 k €
Debts	80,2 M €	+9.9%	73 M €	-2.9%	75,2 M €	+19118%	391,5 k €	-48.1%	753,9 k €	-51.9%	1,6 M €	-5.4%	1,7 M €	-0.0%	1,7 M €	-17.0%	2 M €	-12.5%	2,3 M €	+38.8%	1,6 M €	-5.1%	1,7 M €	-42.4%	3 M €	+21.6%	2,5 M €	-1.4%	2,5 M €	+169%	933,4 k €
Other
Workforce	13,8 ETP	+45.3%	9,5 ETP	+20.3%	7,9 ETP	+97.5%	4,0 ETP	-11.1%	4,5 ETP	0.0%	4,5 ETP	-13.5%	5,2 ETP	+4.0%	5,0 ETP	+8.7%	4,6 ETP	-2.1%	4,7 ETP	-14.5%	5,5 ETP	0.0%	5,5 ETP	+10.0%	5,0 ETP	-13.8%	5,8 ETP	+5700%	0,1 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 31/12/2024 · 4 active · 24 ended

Active mandates

Britt Denise Schuurs

Director · since 30 août 2024 · until 01 juin 2030

Active

Joep Bruins

Director · since 30 août 2024 · until 01 juin 2030

Active

NORMEC 1

Director · since 30 août 2024 · until 01 juin 2030

Represented by Christianus Mijnardus (Marco) Zomer

Active

Robert Wolff

Director · since 09 mai 2023 · until 09 mai 2029

Active

Ended mandates

Robert Wolff

Director · since 09 mai 2023

Ended

Britt Denise Schuurs

Director · since 30 décembre 2021 · until 02 août 2024

Ended

Britt Denise Schuurs

Director · since 30 décembre 2021

Ended

Maria Martina Adriana Princen

Director · since 30 décembre 2021 · until 09 mai 2023

Ended

At this address

Other companies at this address

Company	CBE no.
Normec Servaco● Active	0412.964.830

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	30/08/2024	09/01/2024	22/11/2022	24/12/2021	31/10/2020
General meeting	30/06/2025	30/08/2024	29/12/2023	17/10/2022	30/06/2021	31/08/2020
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	30/08/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	29/12/2023	09/01/2024	Dutch	PDF
Full model	31/12/2021	17/10/2022	22/11/2022	Dutch	PDF
Full modelCorrection	31/12/2020	30/06/2021	24/12/2021	Dutch	PDF
Full model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	31/08/2020	31/10/2020	Dutch	PDF
Full model	31/12/2018	01/06/2019	30/08/2019	Dutch	PDF
Full model	30/06/2018	01/12/2018	27/02/2019	Dutch	PDF
Full model	30/06/2017	02/12/2017	31/01/2018	Dutch	PDF
Full model	30/06/2016	03/12/2016	14/02/2017	Dutch	PDF
Full model	30/06/2015	05/12/2015	22/01/2016	Dutch	PDF
Full model	30/06/2014	06/12/2014	16/01/2015	Dutch	PDF
Full model	30/06/2013	07/12/2013	06/01/2014	Dutch	PDF
Full model	30/06/2012	01/12/2012	27/02/2013	Dutch	PDF
Full model	30/06/2011	03/12/2011	29/02/2012	Dutch	PDF
Full model	30/06/2010	04/12/2010	11/02/2011	Dutch	PDF
Full modelCorrection	30/06/2009	05/12/2009	15/03/2010	Dutch	PDF
Full model	30/06/2009	05/12/2009	17/02/2010	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	12/02/2009	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	09/01/2008	Dutch	PDF
Abridged model	30/06/2006	02/12/2006	15/01/2007	Dutch	PDF

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 31/12/2024 · 4 active · 24 ended

Active mandates

Britt Denise Schuurs

Director · since 30 août 2024 · until 01 juin 2030

Active

Joep Bruins

Director · since 30 août 2024 · until 01 juin 2030

Active

NORMEC 1

Director · since 30 août 2024 · until 01 juin 2030

Represented by Christianus Mijnardus (Marco) Zomer

Active

Robert Wolff

Director · since 09 mai 2023 · until 09 mai 2029

Active

Ended mandates

Robert Wolff

Director · since 09 mai 2023

Ended

Britt Denise Schuurs

Director · since 30 décembre 2021 · until 02 août 2024

Ended

Britt Denise Schuurs

Director · since 30 décembre 2021

Ended

Maria Martina Adriana Princen

Director · since 30 décembre 2021 · until 09 mai 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2026
Ontslag Bestuurder - Volmacht
PDF
Mandates24/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring25/01/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

01/02/2026
nominationBert Defreyne — bestuurder
24/11/2025
nominationIngrid Oosterlinck — A-bestuurder
30/06/2025
reconductionBV AUDITAS ASSURANCE PARTNERS — commissaris
2024
Annual accounts 2024-30,4 M €↓
30/08/2024
reconductionJoep BRUINS — bestuurder
30/08/2024
reconductionBritt Denise SCHUURS — bestuurder
2023
Annual accounts 2023-4,4 M €↑
09/05/2023
nominationRobert Wolff — bestuurder
2022
Annual accounts 2022-5 M €↓
17/10/2022
reconductionBV AUDITAS-VDG — commissaris
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 2018-132 k €↓
2018
Annual accounts 2018456,8 k €↑
2017
Annual accounts 2017359 k €↑
2016
Annual accounts 2016297,1 k €↓
2015
Annual accounts 2015324,4 k €↓
2014
Annual accounts 2014425 k €↓
2013
Annual accounts 2013481,1 k €↓
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 2011378 k €↓
2010
Annual accounts 2010521,4 k €↑
2008
Annual accounts 2008184,5 k €↑
2007
Annual accounts 2007173 k €
25/06/1999
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

VLAM - N - VEST

Overview

What does VLAM - N - VEST 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