ACTIVE

VASTMANS Frank

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Financial year 2025 · closed on 31/12/2025
Net result
495,6 k €
-18.0% YoY
Revenue
35 M €
+17.8% YoY
Equity
2,5 M €
-2.2% YoY
Workforce
10,2 ETP
+10.9% YoY

What does VASTMANS Frank do?

VASTMANS Frank is a Private limited company incorporated in 2016. Its main activity is: Construction of buildings. Its registered office is in Oudsbergen. It employs on average 10,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0663.852.162
Incorporation
05/10/2016
Legal form
Private limited company
Registered office
Nijverheidslaan 1503
3660 Oudsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
10,2 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings43422Specialised construction activities43996Other specialised construction activities n.e.c.
Joint committees (2)
  • 1240
  • 2000
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue35 M €29,7 M €26 M €23,2 M €–––––
EBITDA1,2 M €1,7 M €1,3 M €1 M €778,5 k €1,2 M €964,3 k €746,1 k €394,5 k €
Operating result861,8 k €1,2 M €911,5 k €673,2 k €497 k €905,1 k €791,8 k €640,5 k €363,4 k €
Net result495,6 k €604,6 k €496 k €425,3 k €364,3 k €681,2 k €588,8 k €405,1 k €259,3 k €
Balance sheet
Equity2,5 M €2,5 M €1,9 M €1,9 M €2,2 M €1,9 M €1,2 M €601,8 k €271,7 k €
Total assets10,3 M €10 M €7,9 M €8,3 M €7,4 M €6 M €3,1 M €1,9 M €1,4 M €
Cash438,6 k €430,8 k €181,7 k €130,5 k €469,3 k €737,2 k €404,7 k €315 k €156,7 k €
Debts7,8 M €7,5 M €6 M €6,4 M €5,1 M €4,1 M €1,9 M €1,3 M €1,1 M €
Other
Workforce10,2 ETP9,2 ETP9,0 ETP9,2 ETP9,3 ETP6,3 ETP5,3 ETP3,8 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 · 1 active · 1 ended

Active mandates

Frank VASTMANS

Director

Active

Ended mandates

Frank Vastmans

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date19/08/202625/07/202521/08/202431/08/202318/08/202207/07/2021
General meeting27/07/202616/06/202517/06/202421/08/202320/06/202221/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/07/202619/08/2026DutchPDF
Full model31/12/202416/06/202525/07/2025DutchPDF
Full model31/12/202317/06/202421/08/2024DutchPDF
Full model31/12/202221/08/202331/08/2023DutchPDF
Abridged model31/12/202120/06/202218/08/2022DutchPDF
Abridged model31/12/202021/06/202107/07/2021DutchPDF
Abridged model31/12/201915/06/202012/08/2020DutchPDF
Abridged model31/12/201817/06/201901/08/2019DutchPDF
Micro model31/12/201718/06/201825/07/2018DutchPDF
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 · 1 active · 1 ended

Active mandates

Frank VASTMANS

Director

Active

Ended mandates

Frank Vastmans

Manager

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office01/09/2026
    Zetelverplaatsing - volmacht
    PDF
  • Mandates17/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/08/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/10/2016
    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 2025495,6 k €↓
  2. 2024
    Annual accounts 2024604,6 k €↑
  3. 2023
    Annual accounts 2023496 k €↑
  4. 2022
    Annual accounts 2022425,3 k €↑
  5. 2021
    Annual accounts 2021364,3 k €↓
  6. 2020
    Annual accounts 2020681,2 k €↑
  7. 2019
    Annual accounts 2019588,8 k €↑
  8. 2018
    Annual accounts 2018405,1 k €↑
  9. 2017
    Annual accounts 2017259,3 k €
  10. 05/10/2016
    IncorporationPrivate limited company