ACTIVE

VR@SEA

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Financial year 2025 · closed on 31/12/2025
Net result
18 k €
-11.9% YoY
Revenue
4 M €
-2.1% YoY
Equity
10,2 M €
+0.2% YoY
Workforce
21,2 ETP
+32.5% YoY

What does VR@SEA do?

VR@SEA is a Public limited company incorporated in 2018. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Zwevegem. It employs on average 21,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0688.992.186
Incorporation
29/01/2018
Legal form
Public limited company
Registered office
Esserstraat(Z) 7
8550 Zwevegem · FlandreSee on map
Contributed capital
9 650 000,00 €
Latest accounts
31/12/2025
Average workforce
21,2 ETP
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.64200Activities of holding companies64210Activities of holding companies
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202018
Income statement
Revenue4 M €4,1 M €–––––
EBITDA-783,6 k €316,4 k €48,2 k €196,5 k €744,8 k €187,8 k €-1,4 k €
Operating result-827,1 k €284,9 k €29,4 k €187,1 k €732,4 k €186 k €-1,6 k €
Net result18 k €20,5 k €-6,9 k €75,6 k €420,7 k €43,9 k €-107,6 k €
Balance sheet
Equity10,2 M €10,2 M €10,2 M €10,2 M €10,1 M €9,7 M €9,5 M €
Total assets61,9 M €55,8 M €49,8 M €24,9 M €16,6 M €16,5 M €16,1 M €
Cash4,1 M €3,2 M €13,8 M €319,6 k €37,2 k €9,1 k €7,2 k €
Debts51,7 M €45,5 M €39,4 M €14,7 M €6,5 M €6,8 M €6,4 M €
Other
Workforce21,2 ETP16,0 ETP13,3 ETP11,3 ETP9,7 ETP9,0 ETP0,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 16 ended

Active mandates

IZAR

Director · since 06 juin 2025 · until 07 mai 2026 · 1010.531.746

Represented by Paul Tummers

Active
CHR

Director · since 28 juin 2024 · 0897.252.572

Represented by PATRICK REYNTJENS

Active
JEWE BV

Director · since 22 mai 2023 · until 07 mai 2026 · 0800.927.713

Represented by JAN WILLEM RUINEMANS

Active
NATHALIE BLAUWBLOMME

Director · since 28 octobre 2021 · until 07 mai 2026

Active
PAUL TUMMERS

Director · since 28 octobre 2021 · until 06 juin 2025

Active

Ended mandates

JEWE BV

Director · since 22 mai 2023 · until 04 juin 2027 · 0800.927.713

Represented by JAN WILLEM RUINEMANS

Ended
JEWE BV

Director · since 22 mai 2023 · until 27 octobre 2027 · 0800.927.713

Represented by JAN WILLEM RUINEMANS

Ended
JEROEN THEYS

Director · since 28 octobre 2021 · until 27 octobre 2027

Ended
NATHALIE BLAUWBLOMME

Director · since 28 octobre 2021 · until 04 juin 2027

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date17/07/202630/06/202503/07/202420/07/202331/08/202223/07/2021
General meeting05/06/202606/06/202528/06/202422/06/202329/08/202204/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202617/07/2026DutchPDF
Full model31/12/202406/06/202530/06/2025DutchPDF
Abridged model31/12/202328/06/202403/07/2024DutchPDF
Abridged model31/12/202222/06/202320/07/2023DutchPDF
Abridged model31/12/202129/08/202231/08/2022DutchPDF
Abridged model31/12/202004/06/202123/07/2021DutchPDF
Abridged model31/12/201914/08/202026/10/2020DutchPDF
Abridged model31/12/201807/06/201924/07/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 16 ended

Active mandates

IZAR

Director · since 06 juin 2025 · until 07 mai 2026 · 1010.531.746

Represented by Paul Tummers

Active
CHR

Director · since 28 juin 2024 · 0897.252.572

Represented by PATRICK REYNTJENS

Active
JEWE BV

Director · since 22 mai 2023 · until 07 mai 2026 · 0800.927.713

Represented by JAN WILLEM RUINEMANS

Active
NATHALIE BLAUWBLOMME

Director · since 28 octobre 2021 · until 07 mai 2026

Active
PAUL TUMMERS

Director · since 28 octobre 2021 · until 06 juin 2025

Active

Ended mandates

JEWE BV

Director · since 22 mai 2023 · until 04 juin 2027 · 0800.927.713

Represented by JAN WILLEM RUINEMANS

Ended
JEWE BV

Director · since 22 mai 2023 · until 27 octobre 2027 · 0800.927.713

Represented by JAN WILLEM RUINEMANS

Ended
JEROEN THEYS

Director · since 28 octobre 2021 · until 27 octobre 2027

Ended
NATHALIE BLAUWBLOMME

Director · since 28 octobre 2021 · until 04 juin 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/05/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/11/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/11/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares23/02/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other31/01/2018
    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. 07/05/2026
    nominationCHR — enige bestuurder
  2. 2025
    Annual accounts 202518 k €↓
  3. 2024
    Annual accounts 202420,5 k €↑
  4. 2023
    Annual accounts 2023-6,9 k €↓
  5. 22/05/2023
    nominationJan Willem Ruinemans — bestuurder
  6. 2022
    Annual accounts 202275,6 k €↓
  7. 01/01/2022
    nominationLIESBET VANDENABEELE — commissaris
  8. 2021
    Annual accounts 2021420,7 k €↑
  9. 2020
    Annual accounts 202043,9 k €↑
  10. 2018
    Annual accounts 2018-107,6 k €
  11. 29/01/2018
    IncorporationPublic limited company