ACTIVE

VTP

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Financial year 2025 · closed on 30/09/2025
Net result
36,9 k €
+21.8% YoY
Gross margin
115 k €
+69.3% YoY
Equity
109 k €
+51.2% YoY

What does VTP do?

VTP is a Private limited company incorporated in 2020. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Philippeville.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0755.588.923
Incorporation
02/10/2020
Legal form
Private limited company
Registered office
Rue Malplaquée(MER) 6 box A
5600 Philippeville · WallonieSee on map
Contributed capital
5 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
43990Other specialised construction activities n.e.c.· main43999Other specialised construction activities n.e.c.47529Retail sale of hardware, paints and glass in specialised stores47529Retail sale of hardware, paints and glass in specialised stores39000Remediation activities and other waste management services39000Remediation activities and other waste management services+2
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive 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 margin115 k €67,9 k €64,4 k €38,6 k €16,5 k €
EBITDA46,3 k €29 k €25,4 k €12,7 k €7,1 k €
Operating result43,1 k €24,8 k €19,6 k €8,1 k €4,2 k €
Net result36,9 k €30,3 k €15,7 k €5,9 k €3 k €
Balance sheet
Equity109 k €72,1 k €29,6 k €13,9 k €8 k €
Total assets192,3 k €173,9 k €172,1 k €195,7 k €196,3 k €
Cash–23,5 k €28,7 k €32,2 k €26,3 k €
Debts81,8 k €101,7 k €142,5 k €181,8 k €181,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Romain Van't Westeinde

Mandate

Active

Ended mandates

Hubert Van't Westeinde

Mandate

Ended
Thomas Van't Westeinde

Mandate

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/2020
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date05/02/202613/02/202513/02/202424/02/202308/04/2022
General meeting03/02/202604/02/202506/02/202407/02/202328/03/2022
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
Micro model30/09/202503/02/202605/02/2026FrenchPDF
Micro model30/09/202404/02/202513/02/2025FrenchPDF
Micro model30/09/202306/02/202413/02/2024FrenchPDF
Micro model30/09/202207/02/202324/02/2023FrenchPDF
Micro model30/09/202128/03/202208/04/2022FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 1 active · 2 ended

Active mandates

Romain Van't Westeinde

Mandate

Active

Ended mandates

Hubert Van't Westeinde

Mandate

Ended
Thomas Van't Westeinde

Mandate

Ended
Shareholders

Ownership and network

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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 202536,9 k €↑
  2. 2024
    Annual accounts 202430,3 k €↑
  3. 2023
    Annual accounts 202315,7 k €↑
  4. 2022
    Annual accounts 20225,9 k €↑
  5. 2021
    Annual accounts 20213 k €
  6. 02/10/2020
    IncorporationPrivate limited company