VR@SEA
0688.992.186 · rovalta.com · 24/09/2026
ACTIVE
VR@SEA
Financial year 2025 · Closed on 31/12/2025
Net result
18 k €
-11,9 %over 1 yearRevenue
4 M €
-2,1 %over 1 yearEquity
10,2 M €
+0,2 %over 1 yearWorkforce
21,2 ETP
+32,5 %over 1 yearOverview
Identity
Source · BCE/KBOVR@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)
Joint committees (1)
- 200
Signals
ProfitablePositive cashflowHealthy social debtsHigh revenue
Financials
Source · NBB, 8 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 4 M € | -2.1% | 4,1 M € | – | – | – | |||
| EBITDA | -783,6 k € | -348% | 316,4 k € | +556% | 48,2 k € | -75.4% | 196,5 k € | -73.6% | 744,8 k € |
| Operating result | -827,1 k € | -390% | 284,9 k € | +868% | 29,4 k € | -84.3% | 187,1 k € | -74.5% | 732,4 k € |
| Net result | 18 k € | -11.9% | 20,5 k € | +397% | -6,9 k € | -109% | 75,6 k € | -82.0% | 420,7 k € |
| Balance sheet | |||||||||
| Equity | 10,2 M € | +0.2% | 10,2 M € | +0.2% | 10,2 M € | -0.1% | 10,2 M € | +0.7% | 10,1 M € |
| Total assets | 61,9 M € | +10.9% | 55,8 M € | +12.2% | 49,8 M € | +99.7% | 24,9 M € | +50.0% | 16,6 M € |
| Cash | 4,1 M € | +29.0% | 3,2 M € | -77.0% | 13,8 M € | +4225% | 319,6 k € | +759% | 37,2 k € |
| Debts | 51,7 M € | +13.7% | 45,5 M € | +15.6% | 39,4 M € | +167% | 14,7 M € | +127% | 6,5 M € |
| Other | |||||||||
| Workforce | 21,2 ETP | +32.5% | 16,0 ETP | +20.3% | 13,3 ETP | +17.7% | 11,3 ETP | +16.5% | 9,7 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Esserstraat(Z) 7 8550 Zwevegem| Company | CBE no. |
|---|---|
DeepSync Invest● Active | 1037.275.537 |
GEO AQUA● Active | 0890.302.622 |
GEO GROUP● Active | 0847.702.992 |
GEO OST IMMO● Active | 0768.243.661 |
GEO.XYZ● Active | 0465.233.774 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/07/2026 | 30/06/2025 | 03/07/2024 | 20/07/2023 | 31/08/2022 | 23/07/2021 |
| General meeting | 05/06/2026 | 06/06/2025 | 28/06/2024 | 22/06/2023 | 29/08/2022 | 04/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 05/06/2026 | 17/07/2026 | Dutch | |
| Full model | 31/12/2024 | 06/06/2025 | 30/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 03/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 22/06/2023 | 20/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 29/08/2022 | 31/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 04/06/2021 | 23/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 14/08/2020 | 26/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 07/06/2019 | 24/07/2019 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates26/05/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
- Registered office22/11/2024MAATSCHAPPELIJKE ZETEL
- Mandates01/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates04/07/2023ONTSLAGEN - BENOEMINGEN
- Mandates26/11/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Registered office05/11/2018MAATSCHAPPELIJKE ZETEL
- Capital / shares23/02/2018KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other31/01/2018RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 07/05/2026nominationCHR — enige bestuurder
- 2025Annual accounts 202518 k €↓
- 2024Annual accounts 202420,5 k €↑
- 2023Annual accounts 2023-6,9 k €↓
- 22/05/2023nominationJan Willem Ruinemans — bestuurder
- 2022Annual accounts 202275,6 k €↓
- 01/01/2022nominationLIESBET VANDENABEELE — commissaris
- 2021Annual accounts 2021420,7 k €↑
- 2020Annual accounts 202043,9 k €↑
- 2018Annual accounts 2018-107,6 k €
- 29/01/2018IncorporationPublic limited company