NORMAL SITUATION

SUBMENTUM

Financial year 2025 · closed on 31/12/2025
Net result
-10,7 k €
+93.2% YoY
Gross margin
724,4 k €
+18.3% YoY
Equity
-70,6 k €
-17.8% YoY
Workforce
7,4 ETP
-9.8% YoY

Company — Normal situation.

What does SUBMENTUM do?

SUBMENTUM is a company registered in Belgium. It employs on average 7,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0533.996.183
Legal form
Private limited company
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
7,4 ETP
Joint committees (2)
  • 11101
  • 20900
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin724,4 k €612,5 k €426,8 k €340,7 k €268,3 k €284,5 k €162,3 k €96,9 k €17,5 k €26,2 k €2,3 k €38,3 k €
EBITDA101,1 k €-49,2 k €-12,7 k €84,3 k €77,9 k €120 k €77,5 k €77,9 k €16,5 k €25 k €1,1 k €35,2 k €
Operating result19,7 k €-132,6 k €-69,1 k €41,3 k €33,2 k €83,4 k €43,5 k €65,4 k €7,8 k €14,8 k €-4,7 k €23,2 k €
Net result-10,7 k €-157,8 k €-94,8 k €19,3 k €11,2 k €50,2 k €29,9 k €43,1 k €4,2 k €3 k €-4,1 k €23 k €
Balance sheet
Equity-70,6 k €-60 k €97,8 k €192,7 k €173,3 k €162,1 k €111,5 k €81,6 k €38,5 k €34,3 k €31,3 k €35,4 k €
Total assets2,2 M €3,3 M €2,2 M €1,9 M €1,5 M €1,2 M €294,6 k €190,3 k €101,9 k €82,5 k €39,1 k €42,1 k €
Cash302,2 k €299,8 k €226,1 k €181,9 k €38 k €72,1 k €40,7 k €25,8 k €18,5 k €24,8 k €5 k €753 €
Debts2,2 M €3,2 M €2 M €1,6 M €1,3 M €1,1 M €183,2 k €108,7 k €63,4 k €48,1 k €7,8 k €6,7 k €
Other
Workforce7,4 ETP8,2 ETP6,1 ETP4,6 ETP3,7 ETP2,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

VCP GP

Director · since 09 juillet 2025 · 1001.335.849

Represented by Stijn Nauts

Active
VYTECH GROUP

Director · since 09 juillet 2025 · 0678.427.896

Represented by Bart Dhaene

Active

Ended mandates

VYTECH GROUP

Director · since 10 mai 2019 · 0678.427.896

Represented by Guy Vande Vyvere

Ended
VYTECH GROUP

Manager · since 10 mai 2019 · 0678.427.896

Represented by Guy Vande Vyvere

Ended
Dieter Hoornaert

Director · since 08 mai 2013

Ended
Dieter Hoornaert

Manager · since 08 mai 2013

Ended
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 date07/07/202628/08/202530/08/202431/08/202329/11/202230/09/2021
General meeting26/06/202628/06/202529/06/202431/07/202330/06/202231/08/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202607/07/2026DutchPDF
Abridged model31/12/202428/06/202528/08/2025DutchPDF
Abridged model31/12/202329/06/202430/08/2024DutchPDF
Abridged model31/12/202231/07/202331/08/2023DutchPDF
Abridged model31/12/202130/06/202229/11/2022DutchPDF
Abridged model31/12/202031/08/202130/09/2021DutchPDF
Micro model31/12/201927/06/202031/08/2020DutchPDF
Micro model31/12/201829/06/201926/09/2019DutchPDF
Micro model31/12/201730/08/201831/08/2018DutchPDF
Micro model31/12/201626/08/201731/08/2017DutchPDF
Abridged model31/12/201527/08/201631/08/2016DutchPDF
Abridged model31/12/201427/06/201507/10/2015DutchPDF
Estimate

Indicative valuation

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 · 9 ended

Active mandates

VCP GP

Director · since 09 juillet 2025 · 1001.335.849

Represented by Stijn Nauts

Active
VYTECH GROUP

Director · since 09 juillet 2025 · 0678.427.896

Represented by Bart Dhaene

Active

Ended mandates

VYTECH GROUP

Director · since 10 mai 2019 · 0678.427.896

Represented by Guy Vande Vyvere

Ended
VYTECH GROUP

Manager · since 10 mai 2019 · 0678.427.896

Represented by Guy Vande Vyvere

Ended
Dieter Hoornaert

Director · since 08 mai 2013

Ended
Dieter Hoornaert

Manager · since 08 mai 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution15/04/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/02/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/11/2025
    FUSIEVOORSTELLEN
    PDF
  • Mandates29/07/2025
    ontslag en benoeming van bestuurders
    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 2025-10,7 k €
  2. 2024
    Annual accounts 2024-157,8 k €
  3. 2023
    Annual accounts 2023-94,8 k €
  4. 2022
    Annual accounts 202219,3 k €
  5. 2021
    Annual accounts 202111,2 k €
  6. 2020
    Annual accounts 202050,2 k €
  7. 2019
    Annual accounts 201929,9 k €
  8. 2018
    Annual accounts 201843,1 k €
  9. 2017
    Annual accounts 20174,2 k €
  10. 2016
    Annual accounts 20163 k €
  11. 2015
    Annual accounts 2015-4,1 k €
  12. 2014
    Annual accounts 201423 k €