ACTIVE

Vulpia Vlaanderen

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Financial year 2025 · Closed on 31/12/2025

Net result596,8 k €-91,3 %over 1 year
Revenue198,2 M €+4,6 %over 1 year
Equity617,9 k €+2 158,3 %over 1 year
Workforce1 902,1 ETP+4,9 %over 1 year

Identity

Source · BCE/KBO

Vulpia Vlaanderen is a Non-profit organization incorporated in 2013. Its main activity is: Residential nursing care activities. Its registered office is in Brasschaat. It employs on average 1 902,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0521.970.559
Incorporation
14/02/2013
Legal form
Non-profit organization
Registered office
Ruiterijschool 6
2930 Brasschaat · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
1 902,1 ETP
Joint committees (1)
  • 330
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 15 filings

Trend over 8 financial years

20252024202320212020
Income statement
Revenue198,2 M €189,4 M €175,3 M €121,9 M €124,2 M €
EBITDA7 M €13,3 M €10 M €4,3 M €3,8 M €
Operating result1,5 M €8,1 M €4 M €-1,9 M €-2,7 M €
Net result596,8 k €6,9 M €3,3 M €-3,1 M €-3,7 M €
Balance sheet
Equity617,9 k €27,4 k €-7,9 M €-8,2 M €-5,1 M €
Total assets69 M €68,8 M €59,6 M €59,2 M €60,4 M €
Cash10,6 M €14,1 M €8 M €5,8 M €6,6 M €
Debts61,1 M €61,1 M €60,1 M €62,7 M €60,8 M €
Other
Workforce1 902,1 ETP1 812,5 ETP1 730,5 ETP1 500,8 ETP1 466,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Luc Van Moerzeke

Director · since 29 décembre 2023

Active
Lucas Van Moerzeke

Director · since 29 décembre 2023

Active

Ended mandates

Luc V. Moerzeke

Director · since 29 décembre 2023

Ended
Green Tara Group

Director · since 30 avril 2019 · until 23 avril 2020 · 0477.516.845

Represented by Luc Van Moerzeke

Ended
Luc Van Moerzeke

Director · since 30 avril 2019 · until 29 décembre 2023

Ended
Luc Van Moerzeke

Director · since 30 avril 2019 · until 30 juin 2024

Ended

Other companies at this address

Ruiterijschool 6 2930 Brasschaat
CompanyCBE no.
BURDOCK CONSULTANTS BELGIUM● Active
0478.217.522
DE WIELINGEN INVEST● Active
0818.147.686
Herenhof VZW● Active
0842.029.581
Het Veld● Active
1036.718.677
OVERSEAS DISTRIBUTION AFRICA● Active
0459.988.351
Sense Development● Active
0538.473.823
SENSE INVEST● Active
0444.231.195
Sense Real Estate● Active
0473.395.830
TE - GROUP● Bankrupt
0871.164.423
Vulpia Care● Active
0885.883.479
VULPIAFIN● Active
0501.996.873
Vulpia Finishing● Active
0841.820.438
Vulpia Food Services● Active
0883.467.882
Vulpia Premium Living● Active
0506.953.870

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/07/202617/07/202517/07/202426/07/202306/07/202216/07/2021
General meeting30/06/202630/06/202528/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202623/07/2026DutchPDF
Full model31/12/202430/06/202517/07/2025DutchPDF
Full model31/12/202328/06/202417/07/2024DutchPDF
Full model31/12/202230/06/202326/07/2023DutchPDF
Full model31/12/202130/06/202206/07/2022DutchPDF
Full model31/12/202030/06/202116/07/2021DutchPDF
Full model31/12/201930/06/202022/07/2020DutchPDF
Full modelCorrection31/12/201828/06/201916/10/2019DutchPDF
Full model31/12/201828/06/201912/07/2019DutchPDF
Full model31/12/201729/06/201819/07/2018DutchPDF
Full model31/12/201630/06/201719/07/2017DutchPDF
Full model31/12/201530/06/201608/08/2016DutchPDF
Full model31/12/201430/06/201521/08/2015DutchPDF
Full modelCorrection31/12/201327/06/201410/07/2015DutchPDF
Full model31/12/201327/06/201431/12/2014DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Luc Van Moerzeke

Director · since 29 décembre 2023

Active
Lucas Van Moerzeke

Director · since 29 décembre 2023

Active

Ended mandates

Luc V. Moerzeke

Director · since 29 décembre 2023

Ended
Green Tara Group

Director · since 30 avril 2019 · until 23 avril 2020 · 0477.516.845

Represented by Luc Van Moerzeke

Ended
Luc Van Moerzeke

Director · since 30 avril 2019 · until 29 décembre 2023

Ended
Luc Van Moerzeke

Director · since 30 avril 2019 · until 30 juin 2024

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring21/05/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares01/02/2019
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares03/08/2018
    KAPITAAL - AANDELEN
    PDF

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 2025596,8 k €↓
  2. 2024
    Annual accounts 20246,9 M €↑
  3. 2023
    Annual accounts 20233,3 M €↑
  4. 01/01/2023
    reconductionKoen De Nijs — commissaris
  5. 2021
    Annual accounts 2021-3,1 M €↑
  6. 2020
    Annual accounts 2020-3,7 M €↓
  7. 2019
    Annual accounts 2019-3,3 M €↓
  8. 2014
    Annual accounts 20142,6 M €↑
  9. 2013
    Annual accounts 20131,4 M €
  10. 14/02/2013
    IncorporationNon-profit organization