ACTIVE

VVM WESTKUST

Financial year 2025 · closed on 31/12/2025
Net result
192,5 k €
+786.7% YoY
Gross margin
372,7 k €
+84.2% YoY
Equity
78,9 k €
+18.9% YoY
Workforce
1,5 ETP
0.0% YoY

What does VVM WESTKUST do?

VVM WESTKUST is a Private limited company incorporated in 2017. Its main activity is: Real estate agencies. Its registered office is in Tielt. It employs on average 1,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0669.980.780
Incorporation
25/01/2017
Legal form
Private limited company
Registered office
Sint-Janstraat 185
8700 Tielt · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
1,5 ETP
Joint committees (3)
  • 200
  • 323
  • 32300
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin372,7 k €202,3 k €369,1 k €417,7 k €830,9 k €163,2 k €173,4 k €
EBITDA287,7 k €61,8 k €224,1 k €272,3 k €763,5 k €123,3 k €160,9 k €
Operating result209,7 k €-13,3 k €57,1 k €166,8 k €685,2 k €64,8 k €108 k €
Net result192,5 k €-28 k €35 k €153,5 k €677,8 k €58,2 k €101,2 k €
Balance sheet
Equity78,9 k €66,4 k €94,4 k €94,4 k €40,9 k €22,3 k €22,2 k €
Total assets833,7 k €636,4 k €885,8 k €1,1 M €1,3 M €619,8 k €683,9 k €
Cash220,9 k €59 k €97,3 k €97,4 k €677,8 k €158,4 k €91,1 k €
Debts754,7 k €569,8 k €734,3 k €1 M €1,2 M €597,5 k €659,8 k €
Other
Workforce1,5 ETP1,5 ETP2,8 ETP3,7 ETP1,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 4 ended

Active mandates

HET BATIMENT

Director · since 25 février 2021 · 0759.826.437

Represented by Balloey Thijs

Active
VVM Master

Director · since 25 février 2021 · 0758.419.343

Represented by Nagel ILSE

Active
Vlaemynck Invest

Director · 0883.085.624

Represented by Karel Vlaemynck

Active

Ended mandates

ALOBIM

Manager · 0668.974.257

Represented by Adriaan Logier

Ended
ALOBIM

Director · 0668.974.257

Represented by Adriaan Logier

Ended
HET BATIMENT

Director · 0759.826.437

Represented by Balloey THIJS

Ended
Vlaemynck Invest

Manager · 0883.085.624

Represented by Karel Vlaemynck

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date15/07/202607/07/202530/05/202407/07/202330/08/202216/03/2021
General meeting17/06/202618/06/202502/05/202421/06/202312/08/202224/02/2021
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
Abridged model31/12/202517/06/202615/07/2026DutchPDF
Abridged model31/12/202418/06/202507/07/2025DutchPDF
Abridged model31/12/202302/05/202430/05/2024DutchPDF
Abridged model31/12/202221/06/202307/07/2023DutchPDF
Abridged model31/12/202112/08/202230/08/2022DutchPDF
Micro model31/12/202024/02/202116/03/2021DutchPDF
Micro model31/12/201904/09/202028/09/2020DutchPDF
Micro model31/12/201831/07/201930/08/2019DutchPDF
Micro model31/12/201730/06/201830/08/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 4 ended

Active mandates

HET BATIMENT

Director · since 25 février 2021 · 0759.826.437

Represented by Balloey Thijs

Active
VVM Master

Director · since 25 février 2021 · 0758.419.343

Represented by Nagel ILSE

Active
Vlaemynck Invest

Director · 0883.085.624

Represented by Karel Vlaemynck

Active

Ended mandates

ALOBIM

Manager · 0668.974.257

Represented by Adriaan Logier

Ended
ALOBIM

Director · 0668.974.257

Represented by Adriaan Logier

Ended
HET BATIMENT

Director · 0759.826.437

Represented by Balloey THIJS

Ended
Vlaemynck Invest

Manager · 0883.085.624

Represented by Karel Vlaemynck

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/03/2024
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates19/03/2021
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other27/01/2017
    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 2025192,5 k €
  2. 2024
    Annual accounts 2024-28 k €
  3. 2023
    Annual accounts 202335 k €
  4. 2022
    Annual accounts 2022153,5 k €
  5. 2021
    Annual accounts 2021677,8 k €
  6. 2018
    Annual accounts 201858,2 k €
  7. 2017
    Annual accounts 2017101,2 k €
  8. 25/01/2017
    IncorporationPrivate limited company