ACTIVE

VTM Quality Services

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Financial year 2025 · closed on 31/12/2025

Net result

1 M €

+49.6% YoY

Revenue

22,8 M €

+10.0% YoY

Equity

67,7 k €

0.0% YoY

Workforce

146,5 ETP

-2.7% YoY

What does VTM Quality Services do?

VTM Quality Services is a Public limited company incorporated in 2012. Its main activity is: Processing and preserving of poultry meat. Its registered office is in Aalst. It employs on average 146,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0508.562.288

Incorporation

17/12/2012

Legal form

Public limited company

Registered office

Groeneweg 17
9320 Aalst · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

146,5 ETP

Activities (NACE)

10120Processing and preserving of poultry meat· main 10120Processing and preserving of poultry meat 10120Processing and preserving of poultry meat 10120Processing and preserving of poultry meat

Joint committees (5)

118
11811
200
220
22000

Contacts

3 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	22,8 M €	+10.0%	20,7 M €	+10.6%	18,7 M €	+19.9%	15,6 M €	+14.2%	13,7 M €	+2.0%	13,4 M €	+3.5%	13 M €		–		–		–		–		–		–
EBITDA	1,5 M €	+43.8%	1,1 M €	-20.6%	1,3 M €	-11.3%	1,5 M €	+38.3%	1,1 M €	-15.6%	1,3 M €	-32.7%	1,9 M €	-2.8%	2 M €	+15.6%	1,7 M €	+60.3%	1,1 M €	+29.3%	817,9 k €	+25.5%	651,8 k €	+112%	307,4 k €
Operating result	1,4 M €	+45.7%	965,4 k €	-23.5%	1,3 M €	-13.5%	1,5 M €	+40.4%	1 M €	-16.3%	1,2 M €	-33.5%	1,9 M €	-2.5%	1,9 M €	+16.1%	1,6 M €	+61.5%	1 M €	+28.8%	793,1 k €	+24.8%	635,8 k €	+109%	304,1 k €
Net result	1 M €	+49.6%	678,8 k €	-27.5%	936,2 k €	-14.2%	1,1 M €	+38.8%	785,9 k €	-16.3%	938,8 k €	-28.2%	1,3 M €	-3.2%	1,4 M €	+27.3%	1,1 M €	+54.7%	685,9 k €	+28.4%	534,3 k €	+26.9%	421,1 k €	+117%	194 k €
Balance sheet
Equity	67,7 k €	0.0%	67,7 k €	-93.4%	1 M €	-13.8%	1,2 M €	-30.0%	1,7 M €	-41.7%	2,9 M €	+47.6%	2 M €	+196%	666,9 k €	-56.0%	1,5 M €	+233%	455,3 k €	-61.1%	1,2 M €	+84.1%	635 k €	+197%	214 k €
Total assets	6,2 M €	-2.3%	6,3 M €	+22.5%	5,2 M €	+66.7%	3,1 M €	+7.7%	2,9 M €	-33.4%	4,3 M €	+30.4%	3,3 M €	-25.0%	4,4 M €	+54.7%	2,9 M €	+8.2%	2,6 M €	+50.3%	1,8 M €	+87.6%	936,2 k €	-7.7%	1 M €
Cash	181 k €	+261%	50,1 k €	-42.5%	87,1 k €	-28.4%	121,8 k €	+494%	20,5 k €	-88.0%	171 k €	-26.3%	231,9 k €	-37.2%	369,4 k €	+9.1%	338,6 k €	+863%	35,2 k €	-91.5%	414 k €	+192%	141,7 k €	+76.6%	80,2 k €
Debts	6,1 M €	-2.4%	6,3 M €	+51.2%	4,1 M €	+117%	1,9 M €	+62.6%	1,2 M €	-16.4%	1,4 M €	+5.4%	1,3 M €	-64.4%	3,7 M €	+180%	1,3 M €	-38.9%	2,2 M €	+272%	586,8 k €	+112%	276,7 k €	-64.4%	778,2 k €
Other
Workforce	146,5 ETP	-2.7%	150,5 ETP	-2.4%	154,2 ETP	+16.1%	132,8 ETP	+10.9%	119,8 ETP	-5.3%	126,5 ETP	+0.2%	126,2 ETP	-9.6%	139,6 ETP	+14.6%	121,8 ETP	+60.1%	76,1 ETP	+46.1%	52,1 ETP	+18.4%	44,0 ETP	+17.3%	37,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

Bert Vedder

Managing director · since 07 mai 2024 · until 14 juin 2030

Active

Albert De Roos

Managing director · since 29 octobre 2021 · until 18 juin 2027

Active

M.L. VEDDER HOLDING B.V.

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Vedder Melis

Active

PEVED HOLDING B.V.

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Vedder PETER

Active

Ended mandates

Bert Vedder

Managing director · since 07 août 2024

Ended

M.L. VEDDER HOLDING BV

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Vedder MELIS LOURENS

Ended

ML Vedder Holding BV

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Melis Lourens Vedder

Ended

Peved Holding BV

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Peter Erik Vedder

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	25/06/2026	08/07/2025	29/08/2024	21/06/2023	17/06/2022	12/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	25/06/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	08/07/2025	Dutch	PDF
Full modelCorrection	31/12/2023	21/06/2024	29/08/2024	Dutch	PDF
Full model	31/12/2023	21/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	21/06/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	17/06/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	12/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	27/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	27/06/2018	20/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	31/07/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 14 ended

Active mandates

Bert Vedder

Managing director · since 07 mai 2024 · until 14 juin 2030

Active

Albert De Roos

Managing director · since 29 octobre 2021 · until 18 juin 2027

Active

M.L. VEDDER HOLDING B.V.

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Vedder Melis

Active

PEVED HOLDING B.V.

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Vedder PETER

Active

Ended mandates

Bert Vedder

Managing director · since 07 août 2024

Ended

M.L. VEDDER HOLDING BV

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Vedder MELIS LOURENS

Ended

ML Vedder Holding BV

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Melis Lourens Vedder

Ended

Peved Holding BV

Managing director · since 29 octobre 2021 · until 18 juin 2027

Represented by Peter Erik Vedder

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/02/2017
MAATSCHAPPELIJKE ZETEL
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 20251 M €↑
2024
Annual accounts 2024678,8 k €↓
2023
Annual accounts 2023936,2 k €↓
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021785,9 k €↓
2020
Annual accounts 2020938,8 k €↓
2019
Annual accounts 20191,3 M €↓
2018
Annual accounts 20181,4 M €↑
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016685,9 k €↑
2015
Annual accounts 2015534,3 k €↑
2014
Annual accounts 2014421,1 k €↑
2013
Annual accounts 2013194 k €
17/12/2012
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

VTM Quality Services

Overview

What does VTM Quality Services do?

Trend over 13 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