ACTIVE

VERMEC

Financial year 2025 · closed on 31/12/2025
Net result
9 M €
+12394.7% YoY
Gross margin
-431,7 k €
-167.0% YoY
Equity
54,8 M €
+14.3% YoY
Workforce
0,0 ETP

What does VERMEC do?

VERMEC is a Public limited company incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Vilvoorde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.749.780
Incorporation
08/01/2001
Legal form
Public limited company
Registered office
Drie Kastelenstraat 60
1800 Vilvoorde · FlandreSee on map
Contributed capital
2 476 182,29 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-431,7 k €-161,7 k €-141,5 k €-27,3 k €-14,1 k €-74,6 k €-201,9 k €-517,9 k €-384,6 k €-503,3 k €-1 M €-654,7 k €116,5 k €352,3 k €756,7 k €344,8 k €66 k €-11,1 k €30,9 k €31,5 k €
EBITDA-434,2 k €-204,3 k €-144 k €-29 k €-660 k €-124,7 k €-242,7 k €-533,2 k €-454,3 k €-605,6 k €-1,1 M €-674,3 k €98,5 k €337,8 k €741,1 k €314,5 k €65,1 k €-14 k €30,1 k €30,6 k €
Operating result-498,5 k €-254,3 k €-178,4 k €-49,4 k €-680,4 k €-144,7 k €-262,4 k €-533,5 k €-455 k €-606,9 k €-1,1 M €-684,6 k €88,8 k €322,5 k €724,7 k €298,1 k €65,1 k €-14 k €30,1 k €30,6 k €
Net result9 M €72,2 k €15,4 M €1,7 M €3,7 M €843,9 k €297,8 k €-10 M €-150,3 k €-827 k €3 M €2,3 M €2,1 M €2,3 M €3,4 M €2,2 M €2,9 M €40,2 M €502,8 k €1,5 M €
Balance sheet
Equity54,8 M €48 M €47,9 M €32,8 M €31,2 M €27,5 M €27,6 M €27,4 M €33,7 M €32,9 M €34,7 M €47,1 M €44,8 M €47,5 M €45,2 M €46,8 M €44,6 M €41,8 M €6,6 M €6,6 M €
Total assets56,9 M €49,2 M €47,9 M €32,9 M €31,2 M €27,5 M €27,7 M €27,5 M €33,8 M €34,9 M €34,8 M €47,5 M €45,2 M €48,3 M €50,8 M €47,1 M €44,7 M €41,8 M €7,9 M €8,1 M €
Cash1,2 M €531,9 k €1,1 M €4,5 M €5,3 M €5,9 M €7,5 M €3,7 M €8,2 M €4,1 M €7,3 M €8,3 M €2,6 M €2,4 M €4,2 M €2,3 M €2,5 M €823,9 k €7,5 k €25,6 k €
Debts2,1 M €1,2 M €13,8 k €18 k €16 k €68,6 k €66,7 k €112,9 k €53,1 k €2 M €105,7 k €424 k €347,6 k €783,4 k €5,6 M €292,8 k €57,8 k €70,5 k €1,3 M €1,6 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,8 ETP1,1 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Brigitte Bogaert

Director · since 23 novembre 2023

Active
Michel Verhaeren

Director · since 23 novembre 2023

Active

Ended mandates

Brigitte Bogaert

Persoon belast met dagelijks bestuur · since 15 février 2018 · until 15 février 2024

Ended
Michel Verhaeren

Persoon belast met dagelijks bestuur · since 15 février 2018 · until 15 février 2024

Ended
A2

Mandate · since 03 août 2016 · until 28 juin 2018 · 0807.274.877

Represented by Alain Beyens

Ended
A2

Mandate · since 03 août 2016 · 0807.274.877

Represented by Alain Beyens

Ended
At this address

Other companies at this address

CompanyCBE no.
HUYENOVENActive
0451.173.229
PFCActive
0823.156.153
VERMICOMActive
0895.612.480
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202626/09/202511/03/202431/07/202328/04/202216/04/2021
General meeting19/06/202630/06/202528/02/202430/06/202315/04/202209/04/2021
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 model31/12/202519/06/202631/08/2026DutchPDF
Abridged model31/12/202430/06/202526/09/2025DutchPDF
Abridged model31/12/202328/02/202411/03/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Abridged model31/12/202115/04/202228/04/2022DutchPDF
Abridged model31/12/202009/04/202116/04/2021DutchPDF
Abridged model31/12/201927/03/202002/04/2020DutchPDF
Abridged model31/12/201825/05/201929/08/2019DutchPDF
Abridged model31/12/201726/05/201826/07/2018DutchPDF
Abridged model31/12/201627/05/201709/08/2017DutchPDF
Abridged model31/12/201528/05/201609/08/2016DutchPDF
Abridged model31/12/201430/05/201525/06/2015DutchPDF
Abridged model31/12/201324/05/201413/08/2014DutchPDF
Abridged model31/12/201225/05/201320/06/2013DutchPDF
Abridged model31/12/201126/05/201214/08/2012DutchPDF
Abridged model31/12/201028/05/201130/08/2011DutchPDF
Abridged model31/12/200929/05/201018/08/2010DutchPDF
Abridged model31/12/200830/06/200928/08/2009DutchPDF
Abridged model31/12/200730/06/200813/08/2008DutchPDF
Abridged model31/12/200630/06/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 2 active · 19 ended

Active mandates

Brigitte Bogaert

Director · since 23 novembre 2023

Active
Michel Verhaeren

Director · since 23 novembre 2023

Active

Ended mandates

Brigitte Bogaert

Persoon belast met dagelijks bestuur · since 15 février 2018 · until 15 février 2024

Ended
Michel Verhaeren

Persoon belast met dagelijks bestuur · since 15 février 2018 · until 15 février 2024

Ended
A2

Mandate · since 03 août 2016 · until 28 juin 2018 · 0807.274.877

Represented by Alain Beyens

Ended
A2

Mandate · since 03 août 2016 · 0807.274.877

Represented by Alain Beyens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/11/2023
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates25/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates24/08/2017
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates12/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2016
    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 20259 M €
  2. 2024
    Annual accounts 202472,2 k €
  3. 2023
    Annual accounts 202315,4 M €
  4. 2022
    Annual accounts 20221,7 M €
  5. 2021
    Annual accounts 20213,7 M €
  6. 2020
    Annual accounts 2020843,9 k €
  7. 2019
    Annual accounts 2019297,8 k €
  8. 2018
    Annual accounts 2018-10 M €
  9. 2017
    Annual accounts 2017-150,3 k €
  10. 2016
    Annual accounts 2016-827 k €
  11. 2015
    Annual accounts 20153 M €
  12. 2014
    Annual accounts 20142,3 M €
  13. 2013
    Annual accounts 20132,1 M €
  14. 2012
    Annual accounts 20122,3 M €
  15. 2011
    Annual accounts 20113,4 M €
  16. 2010
    Annual accounts 20102,2 M €
  17. 2009
    Annual accounts 20092,9 M €
  18. 2008
    Annual accounts 200840,2 M €
  19. 2007
    Annual accounts 2007502,8 k €
  20. 2006
    Annual accounts 20061,5 M €
  21. 08/01/2001
    IncorporationPublic limited company