ACTIVE

VETIM

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Financial year 2025 · closed on 30/09/2025
Net result
29,5 k €
+33.5% YoY
Gross margin
45,5 k €
+35.4% YoY
Equity
72 k €
+69.7% YoY

What does VETIM do?

VETIM is a Private company with limited liability incorporated in 2002. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Tielt-Winge.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0478.995.502
Incorporation
11/12/2002
Legal form
Private company with limited liability
Registered office
Rillaarseweg 17 box 4
3390 Tielt-Winge · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
30/09/2025
Activities (NACE)
74601Other professional, scientific and technical activities· main80010Security and investigation activities80100Private security activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin45,5 k €33,6 k €25,2 k €9,9 k €4,2 k €-8,5 k €-9,6 k €4,4 k €14 k €7,7 k €19,7 k €22,8 k €-4,7 k €3,7 k €-31,1 €9,3 k €11,9 k €10,4 k €
EBITDA45,3 k €33,5 k €18,5 k €9,8 k €4,1 k €-8,6 k €-10,1 k €4,2 k €13,9 k €7,7 k €19,7 k €22,8 k €-4,7 k €2,9 k €-670 €7,7 k €10,6 k €8,4 k €
Operating result44 k €32,4 k €18 k €9,6 k €4 k €-12 k €-13,4 k €812,9 €10,5 k €7,6 k €19,6 k €22,8 k €-4,7 k €2,9 k €-5,8 k €2,1 k €4,7 k €2,4 k €
Net result29,5 k €22,1 k €17,3 k €9,3 k €3,7 k €-12,7 k €-13,2 k €516,9 €6,7 k €5,5 k €13,3 k €17,8 k €-4,9 k €-804,9 €-6,6 k €-160,4 €1,9 k €1,2 k €
Balance sheet
Equity72 k €42,4 k €20,3 k €3 k €-6,3 k €6 k €18,7 k €31,9 k €31,4 k €31,5 k €26 k €12,7 k €-5,1 k €-150,2 €-5,5 k €1 k €1,2 k €-670 €
Total assets101,7 k €81,2 k €62,2 k €44,1 k €38,5 k €38,9 k €32,7 k €48,6 k €64,8 k €40,8 k €35,2 k €39 k €8,1 k €4,8 k €6,8 k €28,4 k €28,4 k €30,4 k €
Cash82,9 k €57,2 k €45,3 k €19,1 k €3,4 k €851,2 €520,2 €12,5 k €13,9 k €1,2 k €26,2 k €27,8 k €7,4 k €4,3 k €––––
Debts29,7 k €38,8 k €41,9 k €41,1 k €44,7 k €32,9 k €14 k €16,7 k €33,4 k €9,3 k €8,9 k €26,4 k €13,2 k €4,9 k €12,3 k €27,4 k €27,2 k €31,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 6 ended

Active mandates

Vera Timmermans

Director · since 01 novembre 2002

Active

Ended mandates

Vera Timmermans

Director · since 11 décembre 2022

Ended
Vera Timmermans

Director · since 11 décembre 2002

Ended
Luc Joris

Manager · since 01 novembre 2002

Ended
Luc Joris

Associate · since 01 novembre 2002

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/03/202624/03/202522/03/202431/03/202305/04/202224/03/2021
General meeting02/03/202625/02/202529/02/202409/03/202317/02/202218/02/2021
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
Micro model30/09/202502/03/202630/03/2026DutchPDF
Micro model30/09/202425/02/202524/03/2025DutchPDF
Micro model30/09/202329/02/202422/03/2024DutchPDF
Micro model30/09/202209/03/202331/03/2023DutchPDF
Micro model30/09/202117/02/202205/04/2022DutchPDF
Micro model30/09/202018/02/202124/03/2021DutchPDF
Micro model30/09/201920/02/202018/03/2020DutchPDF
Micro model30/09/201814/03/201926/03/2019DutchPDF
Micro model30/09/201715/02/201813/03/2018DutchPDF
Abridged model30/09/201609/03/201724/03/2017DutchPDF
Abridged model30/09/201518/02/201625/03/2016DutchPDF
Abridged model30/09/201419/02/201530/03/2015DutchPDF
Abridged model30/09/201320/02/201431/03/2014DutchPDF
Abridged model30/09/201221/02/201305/04/2013DutchPDF
Abridged model30/09/201116/02/201206/04/2012DutchPDF
Abridged model30/09/201017/02/201129/03/2011DutchPDF
Abridged model30/09/200918/02/201025/02/2010DutchPDF
Abridged model30/09/200819/02/200930/03/2009DutchPDF
Abridged model30/09/200721/02/200828/02/2008DutchPDF
Abridged model30/09/200615/02/200728/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 1 active · 6 ended

Active mandates

Vera Timmermans

Director · since 01 novembre 2002

Active

Ended mandates

Vera Timmermans

Director · since 11 décembre 2022

Ended
Vera Timmermans

Director · since 11 décembre 2002

Ended
Luc Joris

Manager · since 01 novembre 2002

Ended
Luc Joris

Associate · since 01 novembre 2002

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/09/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/04/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/12/2002
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 202529,5 k €↑
  2. 2024
    Annual accounts 202422,1 k €↑
  3. 2023
    Annual accounts 202317,3 k €↑
  4. 2022
    Annual accounts 20229,3 k €↑
  5. 2021
    Annual accounts 20213,7 k €↑
  6. 2019
    Annual accounts 2019-12,7 k €↑
  7. 2018
    Annual accounts 2018-13,2 k €↓
  8. 2017
    Annual accounts 2017516,9 €↓
  9. 2016
    Annual accounts 20166,7 k €↑
  10. 2015
    Annual accounts 20155,5 k €↓
  11. 2014
    Annual accounts 201413,3 k €↓
  12. 2013
    Annual accounts 201317,8 k €↑
  13. 2012
    Annual accounts 2012-4,9 k €↓
  14. 2011
    Annual accounts 2011-804,9 €↑
  15. 2010
    Annual accounts 2010-6,6 k €↓
  16. 2009
    Annual accounts 2009-160,4 €↓
  17. 2008
    Annual accounts 20081,9 k €↑
  18. 2007
    Annual accounts 20071,2 k €
  19. 11/12/2002
    IncorporationPrivate company with limited liability