ACTIVE

Visma Belgium Holding

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Financial year 2025 · closed on 31/12/2025
Net result
-37 M €
-56.5% YoY
Gross margin
521,9 k €
+222.6% YoY
Equity
307,4 M €
-1.1% YoY
Workforce
3,2 ETP
+77.8% YoY

What does Visma Belgium Holding do?

Visma Belgium Holding is a Private limited company incorporated in 2020. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen. It employs on average 3,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0754.932.390
Incorporation
26/09/2020
Legal form
Private limited company
Registered office
Desguinlei 100 box 11
2018 Antwerpen · FlandreSee on map
Contributed capital
379 177 034,65 €
Latest accounts
31/12/2025
Average workforce
3,2 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Joint committees (3)
  • 200
  • 200-00
  • 20000
Signals
Solid equityPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin521,9 k €-425,7 k €-274,5 k €-367,7 k €-158,5 k €
EBITDA95,3 k €-644,7 k €-379,2 k €-451 k €-174,8 k €
Operating result94,8 k €-645,1 k €-379,2 k €-451 k €-174,8 k €
Net result-37 M €-23,7 M €-9,5 M €-887,1 k €-749,7 k €
Balance sheet
Equity307,4 M €310,7 M €226,4 M €160,9 M €19,8 M €
Total assets749,3 M €657,9 M €510,4 M €187,2 M €45,8 M €
Cash5,9 M €10,8 M €4,6 M €2,4 M €10,9 M €
Debts434,5 M €341,3 M €283 M €26 M €26 M €
Other
Workforce3,2 ETP1,8 ETP1,2 ETP1,4 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 1 ended

Active mandates

Gerben Stiens

Director · since 01 mai 2024

Active
Merete Hverven

Director · since 26 septembre 2020

Active
Stian Grindheim

Director · since 26 septembre 2020

Active

Ended mandates

Adeshkoemar Rambhajan

Director · since 10 mai 2021

Ended
At this address

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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202226/09/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months16 months
Filing date16/07/202611/07/202509/07/202420/07/202310/06/2022
General meeting15/07/202627/06/202528/06/202412/07/202330/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/07/202616/07/2026DutchPDF
Abridged model31/12/202427/06/202511/07/2025DutchPDF
Abridged model31/12/202328/06/202409/07/2024DutchPDF
Abridged model31/12/202212/07/202320/07/2023DutchPDF
Abridged model31/12/202130/05/202210/06/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 ended

Active mandates

Gerben Stiens

Director · since 01 mai 2024

Active
Merete Hverven

Director · since 26 septembre 2020

Active
Stian Grindheim

Director · since 26 septembre 2020

Active

Ended mandates

Adeshkoemar Rambhajan

Director · since 10 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other07/11/2025
    DIVERSEN
    PDF
  • Other27/12/2024
    DIVERSEN
    PDF
  • Registered office30/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/01/2024
    DIVERSEN
    PDF
  • Other15/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares11/07/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates13/05/2022
    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 2025-37 M €↓
  2. 2024
    Annual accounts 2024-23,7 M €↓
  3. 02/04/2024
    nominationGerben Stiens — bestuurder
  4. 2023
    Annual accounts 2023-9,5 M €↓
  5. 2022
    Annual accounts 2022-887,1 k €↓
  6. 17/06/2022
    apport
  7. 2021
    Annual accounts 2021-749,7 k €
  8. 11/12/2020
    nominationKoen de Nijs — commissaris
  9. 26/09/2020
    IncorporationPrivate limited company