ACTIVE

VRG

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

31,1 k €

-61.7% YoY

Gross margin

91,5 k €

-27.7% YoY

Equity

1,2 M €

+0.1% YoY

Workforce

1,2 ETP

+20.0% YoY

What does VRG do?

VRG is a Private limited company incorporated in 2014. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Turnhout. It employs on average 1,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0551.905.353

Incorporation

05/05/2014

Legal form

Private limited company

Registered office

Bleukenlaan 13
2300 Turnhout · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Average workforce

1,2 ETP

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 70100Activities of head offices 70100Activities of head offices

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2018		2017		2016		2015
Income statement
Gross margin	91,5 k €	-27.7%	126,6 k €	-23.8%	166,2 k €	+66.3%	100 k €	-0.6%	100,6 k €	-12.8%	115,4 k €	+33.5%	86,5 k €	+11.1%	77,8 k €
EBITDA	32,4 k €	-60.7%	82,6 k €	-25.3%	110,6 k €	+386%	22,8 k €	-27.8%	31,6 k €	-49.3%	62,2 k €	+58.3%	39,3 k €	+47.1%	26,7 k €
Operating result	32,4 k €	-60.7%	82,6 k €	-14.9%	97,2 k €	+2795%	3,4 k €	-83.3%	20,1 k €	-64.0%	55,7 k €	+69.8%	32,8 k €	+22.8%	26,7 k €
Net result	31,1 k €	-61.7%	81,1 k €	-62.2%	214,3 k €	-26.6%	292 k €	+72.6%	169,2 k €	+2.2%	165,5 k €	+139%	69,1 k €	+248%	19,9 k €
Balance sheet
Equity	1,2 M €	+0.1%	1,2 M €	+0.1%	1,2 M €	+13.3%	1,1 M €	+137%	442,2 k €	+62.0%	273,1 k €	+154%	107,6 k €	+180%	38,5 k €
Total assets	1,3 M €	+3.3%	1,3 M €	-2.3%	1,3 M €	-15.9%	1,6 M €	+21.6%	1,3 M €	+4.9%	1,2 M €	-1.7%	1,3 M €	-2.3%	1,3 M €
Cash	16,7 k €	-33.4%	25 k €	-44.7%	45,3 k €	+11.1%	40,7 k €	-11.0%	45,8 k €	+404%	9,1 k €	-63.9%	25,1 k €	-52.4%	52,8 k €
Debts	143,4 k €	+40.9%	101,8 k €	-23.9%	133,7 k €	-74.3%	519,7 k €	-38.9%	850,4 k €	-11.4%	959,8 k €	-16.3%	1,1 M €	-7.9%	1,2 M €
Other
Workforce	1,2 ETP	+20.0%	1,0 ETP		–		1,4 ETP	-26.3%	1,9 ETP	+35.7%	1,4 ETP	+16.7%	1,2 ETP	+50.0%	0,8 ETP

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 30/06/2025 · 1 active · 13 ended

Active mandates

SPAMEE

Director · since 26 janvier 2024 · 1003.407.491

Represented by MEELBERGHS PIETER

Active

Ended mandates

SPAMEE

Director · since 26 janvier 2024 · 1003.407.491

Represented by MEELBERGHS PIETER

Ended

Dirk VAN RIEL

Director · since 30 avril 2014

Ended

Frank VAN RIEL

Director · since 30 avril 2014

Ended

Matthias SPAEPEN

Director · since 30 avril 2014

Ended

At this address

Other companies at this address

Company	CBE no.
SPAMEE● Active	1003.407.491
VAN RIEL GROOTKEUKENS● Active	0438.945.487

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/01/2026	30/01/2025	14/12/2023	20/12/2022	20/12/2021	18/12/2020
General meeting	28/11/2025	29/11/2024	24/11/2023	25/11/2022	26/11/2021	27/11/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/11/2025	08/01/2026	Dutch	PDF
Abridged model	30/06/2024	29/11/2024	30/01/2025	Dutch	PDF
Micro model	30/06/2023	24/11/2023	14/12/2023	Dutch	PDF
Abridged model	30/06/2022	25/11/2022	20/12/2022	Dutch	PDF
Abridged model	30/06/2021	26/11/2021	20/12/2021	Dutch	PDF
Abridged model	30/06/2020	27/11/2020	18/12/2020	Dutch	PDF
Abridged model	30/06/2019	29/11/2019	07/01/2020	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	18/12/2018	Dutch	PDF
Abridged model	30/06/2017	24/11/2017	08/12/2017	Dutch	PDF
Abridged model	30/06/2016	25/11/2016	22/12/2016	Dutch	PDF
Abridged model	30/06/2015	27/11/2015	22/12/2015	Dutch	PDF

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 30/06/2025 · 1 active · 13 ended

Active mandates

SPAMEE

Director · since 26 janvier 2024 · 1003.407.491

Represented by MEELBERGHS PIETER

Active

Ended mandates

SPAMEE

Director · since 26 janvier 2024 · 1003.407.491

Represented by MEELBERGHS PIETER

Ended

Dirk VAN RIEL

Director · since 30 avril 2014

Ended

Frank VAN RIEL

Director · since 30 avril 2014

Ended

Matthias SPAEPEN

Director · since 30 avril 2014

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other07/05/2014
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

2025
Annual accounts 202531,1 k €↓
2024
Annual accounts 202481,1 k €↓
2023
Annual accounts 2023214,3 k €↓
2022
Annual accounts 2022292 k €↑
2018
Annual accounts 2018169,2 k €↑
2017
Annual accounts 2017165,5 k €↑
2016
Annual accounts 201669,1 k €↑
2015
Annual accounts 201519,9 k €
05/05/2014
IncorporationPrivate 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

VRG

Overview

What does VRG do?

Trend over 8 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