ACTIVE

VMware Belgium

Financial year 2025 · closed on 31/10/2025
Net result
-3,3 M €
-441.9% YoY
Revenue
11,4 M €
-29.6% YoY
Equity
2,3 M €
-58.9% YoY
Workforce
25,8 ETP
-21.8% YoY

What does VMware Belgium do?

VMware Belgium is a Private limited company incorporated in 2017. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Mechelen. It employs on average 25,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0676.484.136
Incorporation
01/06/2017
Legal form
Private limited company
Registered office
Battelsesteenweg 455 box B
2800 Mechelen · FlandreSee on map
Contributed capital
2 000 000,00 €
Latest accounts
31/10/2025
Average workforce
25,8 ETP
Joint committees (1)
  • 200
Signals
Solid equityLow riskGood liquidityPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420242021202020192018
Income statement
Revenue11,4 M €16,3 M €21,4 M €13,1 M €12,5 M €8,2 M €
EBITDA1,1 M €1,2 M €941,3 k €623,4 k €576,6 k €355 k €551,7 €
Operating result1,1 M €1,2 M €933,6 k €623,4 k €576,6 k €355 k €551,7 €
Net result-3,3 M €973,6 k €761,5 k €440,9 k €350,6 k €209,9 k €-72,1 €
Balance sheet
Equity2,3 M €5,6 M €4,7 M €3 M €2,6 M €2,2 M €2 M €
Total assets6,8 M €8 M €9,5 M €7,6 M €6,2 M €5 M €2 M €
Cash0 €468,2 €5,2 M €4,8 M €3,4 M €2 M €
Debts4,4 M €2,3 M €4,8 M €4,6 M €3,6 M €2,8 M €
Other
Workforce25,8 ETP33,0 ETP52,3 ETP44,8 ETP39,2 ETP20,8 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 31/10/2025 · 2 active · 7 ended

Active mandates

Ching Lee Kian

Director · since 22 novembre 2023

Active
Yu Wen Lan Pong Ivy

Director · since 22 novembre 2023

Active

Ended mandates

Ivy Yu Wen Lan Pong

Director · since 22 novembre 2023

Ended
Kieran Michael Barry-Murphy

Director · since 30 avril 2022 · until 22 novembre 2023

Ended
Andrew James Munk

Director · since 31 mai 2017

Ended
Craig Douglas Norris

Director · since 31 mai 2017 · until 22 novembre 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
7C GROENIActive
0684.473.867
0811.669.472
ABBSActive
0704.616.512
0782.402.394
0879.699.532
0402.692.332
HimmunitasActive
0880.209.573
I.M. BelgiumJudicial reorganisation
0457.356.483
0439.664.277
1004.061.054
ORION PHARMAActive
0821.527.741
0404.794.658
0743.860.534
Annual accounts

Full financial information

202520242024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/11/202403/02/202404/02/202329/01/202230/01/202101/02/2020
Closing of the financial year31/10/202531/10/202402/02/202403/02/202328/01/202229/01/2021
Length of the financial year12 months9 months13 months14 months13 months12 months
Filing date21/04/202604/07/202530/10/202424/07/202325/07/202208/11/2021
General meeting15/04/202601/07/202504/10/202424/07/202325/07/202226/07/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/10/202515/04/202621/04/2026DutchPDF
Full model31/10/202401/07/202504/07/2025DutchPDF
Full model02/02/202404/10/202430/10/2024DutchPDF
Full model03/02/202324/07/202324/07/2023DutchPDF
Full model28/01/202225/07/202225/07/2022DutchPDF
Full modelCorrection29/01/202126/07/202108/11/2021DutchPDF
Full model29/01/202126/07/202128/07/2021DutchPDF
Abridged model31/01/202024/07/202005/08/2020DutchPDF
Abridged model01/02/201924/07/201931/07/2019DutchPDF
Abridged model02/02/201824/07/201816/08/2018DutchPDF
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 31/10/2025 · 2 active · 7 ended

Active mandates

Ching Lee Kian

Director · since 22 novembre 2023

Active
Yu Wen Lan Pong Ivy

Director · since 22 novembre 2023

Active

Ended mandates

Ivy Yu Wen Lan Pong

Director · since 22 novembre 2023

Ended
Kieran Michael Barry-Murphy

Director · since 30 avril 2022 · until 22 novembre 2023

Ended
Andrew James Munk

Director · since 31 mai 2017

Ended
Craig Douglas Norris

Director · since 31 mai 2017 · until 22 novembre 2023

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring22/06/2026
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring15/04/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other20/12/2024
    DIVERSEN
    PDF
  • Mandates03/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates13/09/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates08/04/2024
    ONTSLAGEN - BENOEMINGEN
    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 2025-3,3 M €
  2. 2024
    Annual accounts 2024973,6 k €
  3. 2024
    Annual accounts 2024761,5 k €
  4. 2021
    Annual accounts 2021440,9 k €
  5. 2020
    Annual accounts 2020350,6 k €
  6. 2019
    Annual accounts 2019209,9 k €
  7. 2018
    Annual accounts 2018-72,1 €
  8. 01/06/2017
    IncorporationPrivate limited company