ACTIVE

VEGURA

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Financial year 2025 · closed on 31/12/2025

Net result

176,4 k €

+19.8% YoY

Gross margin

194,4 k €

-11.3% YoY

Equity

5,1 M €

+3.6% YoY

Workforce

1,0 ETP

0.0% YoY

What does VEGURA do?

VEGURA is a Public limited company incorporated in 2000. Its main activity is: Activities of holding companies. Its registered office is in Sint-Pieters-Leeuw. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.606.161

Incorporation

22/12/2000

Legal form

Public limited company

Registered office

Kasteelstraat 22
1600 Sint-Pieters-Leeuw · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Joint committees (3)

200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

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	194,4 k €	-11.3%	219,2 k €	+1.2%	216,7 k €	+3.1%	210,2 k €	+4.6%	200,9 k €	-11.2%	226,2 k €	+17.7%	192,2 k €	+0.6%	191 k €	-24.1%	251,5 k €	+24.5%	202 k €	-10.4%	225,5 k €	-2.8%	231,9 k €	-17.7%	281,8 k €	+28.7%	218,9 k €	+26.4%	173,2 k €	-8.1%	188,4 k €	-5.1%	198,6 k €	+0.3%	198,1 k €	+7.1%	185 k €	-1.2%	187,1 k €
EBITDA	124,5 k €	-18.4%	152,5 k €	+0.9%	151,1 k €	+0.4%	150,6 k €	+4.2%	144,4 k €	-2.3%	147,8 k €	+10.0%	134,3 k €	-1.3%	136,2 k €	-29.1%	192,1 k €	+23.6%	155,4 k €	-12.9%	178,3 k €	-4.5%	186,7 k €	-9.2%	205,7 k €	+116%	95 k €	+78.5%	53,2 k €	-9.3%	58,7 k €	+25.1%	46,9 k €	+36.0%	34,5 k €	+7.8%	32 k €	-68.4%	101,1 k €
Operating result	115,1 k €	-19.4%	142,8 k €	+1.4%	140,8 k €	+4.5%	134,8 k €	+4.0%	129,6 k €	-7.7%	140,5 k €	+17.1%	120 k €	-2.5%	123 k €	-35.8%	191,7 k €	+27.3%	150,5 k €	-13.0%	173 k €	-4.6%	181,4 k €	-9.2%	199,6 k €	+124%	89,1 k €	+117%	41,2 k €	-18.8%	50,7 k €	+48.7%	34,1 k €	+52.7%	22,3 k €	+5.9%	21,1 k €	-78.4%	97,7 k €
Net result	176,4 k €	+19.8%	147,3 k €	+0.8%	146,1 k €	-27.1%	200,5 k €	+47.6%	135,9 k €	-0.2%	136,2 k €	+37.3%	99,2 k €	+4.4%	95,1 k €	-56.0%	216,1 k €	-44.5%	389,2 k €	+67.2%	232,8 k €	+1.8%	228,7 k €	+161%	87,7 k €	-49.6%	174 k €	-11.5%	196,6 k €	-31.5%	287,1 k €	+68.2%	170,7 k €	-47.9%	327,9 k €	+137%	-886,4 k €	-630%	167,1 k €
Balance sheet
Equity	5,1 M €	+3.6%	4,9 M €	+3.1%	4,7 M €	+3.2%	4,6 M €	+4.6%	4,4 M €	+3.2%	4,3 M €	+3.3%	4,1 M €	+2.5%	4 M €	+2.4%	3,9 M €	-33.4%	5,9 M €	+7.1%	5,5 M €	+4.4%	5,3 M €	+4.5%	5 M €	+1.8%	5 M €	+3.6%	4,8 M €	+4.3%	4,6 M €	+6.7%	4,3 M €	+4.1%	4,1 M €	-4.0%	4,3 M €	-17.1%	5,2 M €
Total assets	5,1 M €	+3.7%	4,9 M €	+2.7%	4,8 M €	+3.4%	4,6 M €	+4.8%	4,4 M €	+3.5%	4,3 M €	+3.1%	4,1 M €	+2.8%	4 M €	-34.5%	6,2 M €	+1.8%	6 M €	+7.4%	5,6 M €	+4.3%	5,4 M €	+4.8%	5,2 M €	+1.1%	5,1 M €	+3.8%	4,9 M €	+3.4%	4,8 M €	+5.7%	4,5 M €	+3.0%	4,4 M €	+0.5%	4,3 M €	-16.8%	5,2 M €
Cash	96,3 k €	+55.0%	62,1 k €	-25.7%	83,6 k €	-79.2%	402,2 k €	+5.9%	379,8 k €	-10.8%	425,6 k €	-68.3%	1,3 M €	-12.4%	1,5 M €	-27.3%	2,1 M €	+231%	637,8 k €	+43.2%	445,3 k €	-15.1%	524,5 k €	+1027%	46,5 k €	+38.9%	33,5 k €	+28.5%	26,1 k €	-71.8%	92,4 k €	+119%	42,1 k €	-65.7%	123 k €	+137%	52 k €	+13.7%	45,7 k €
Debts	35,2 k €	+18.6%	29,7 k €	-35.8%	46,2 k €	+31.3%	35,2 k €	+45.9%	24,1 k €	+97.7%	12,2 k €	-42.6%	21,3 k €	+161%	8,1 k €	-99.6%	2,2 M €	+1438%	145 k €	+28.1%	113,2 k €	-5.0%	119,1 k €	+11.1%	107,2 k €	-17.3%	129,6 k €	+3.9%	124,7 k €	-18.3%	152,6 k €	-21.8%	195,2 k €	-16.4%	233,6 k €	+494%	39,3 k €	+27.2%	30,9 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-23.1%	1,3 ETP	-38.1%	2,1 ETP	0.0%	2,1 ETP	-8.7%	2,3 ETP	-23.3%	3,0 ETP	0.0%	3,0 ETP	+3.4%	2,9 ETP	+45.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 32 ended

Active mandates

André Adams

Director · since 12 mai 2023 · until 12 mai 2029

Active

Annelies Adams

Managing director · since 12 mai 2023 · until 12 mai 2029

Active

Mark Adams

Director · since 12 mai 2023 · until 12 mai 2029

Active

Ended mandates

André Adams

Director · since 30 juin 2018 · until 22 mai 2024

Ended

Annelies Adams

Mandate · since 30 juin 2018 · until 22 mai 2024

Ended

Annelies Adams

Managing director · since 30 juin 2018 · until 22 mai 2024

Ended

Mark Adams

Director · since 30 juin 2018 · until 22 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
QUERCURIUS● Active	0471.750.194

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	28/07/2026	15/07/2025	17/07/2024	14/07/2023	25/07/2022	19/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	18/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	15/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	17/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	19/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	27/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	05/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	23/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	13/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	17/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	11/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 3 active · 32 ended

Active mandates

André Adams

Director · since 12 mai 2023 · until 12 mai 2029

Active

Annelies Adams

Managing director · since 12 mai 2023 · until 12 mai 2029

Active

Mark Adams

Director · since 12 mai 2023 · until 12 mai 2029

Active

Ended mandates

André Adams

Director · since 30 juin 2018 · until 22 mai 2024

Ended

Annelies Adams

Mandate · since 30 juin 2018 · until 22 mai 2024

Ended

Annelies Adams

Managing director · since 30 juin 2018 · until 22 mai 2024

Ended

Mark Adams

Director · since 30 juin 2018 · until 22 mai 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2018
KAPITAAL - AANDELEN
PDF
Mandates01/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2007
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 2025176,4 k €↑
2024
Annual accounts 2024147,3 k €↑
2023
Annual accounts 2023146,1 k €↓
2022
Annual accounts 2022200,5 k €↑
2021
Annual accounts 2021135,9 k €↓
2020
Annual accounts 2020136,2 k €↑
2019
Annual accounts 201999,2 k €↑
2018
Annual accounts 201895,1 k €↓
2017
Annual accounts 2017216,1 k €↓
2016
Annual accounts 2016389,2 k €↑
2015
Annual accounts 2015232,8 k €↑
2014
Annual accounts 2014228,7 k €↑
2013
Annual accounts 201387,7 k €↓
2012
Annual accounts 2012174 k €↓
2011
Annual accounts 2011196,6 k €↓
2010
Annual accounts 2010287,1 k €↑
2009
Annual accounts 2009170,7 k €↓
2008
Annual accounts 2008327,9 k €↑
2007
Annual accounts 2007-886,4 k €↓
2006
Annual accounts 2006167,1 k €
22/12/2000
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

VEGURA

Overview

What does VEGURA do?

Trend over 20 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