ACTIVE

VVM Master

Financial year 2025 · closed on 31/12/2025
Net result
2,2 k €
-73.4% YoY
Gross margin
342,8 k €
+6.6% YoY
Equity
45,6 k €
+5.0% YoY
Workforce
3,8 ETP
-7.3% YoY

What does VVM Master do?

VVM Master is a Private limited company incorporated in 2020. Its main activity is: Activities of holding companies. Its registered office is in Tielt. It employs on average 3,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0758.419.343
Incorporation
13/11/2020
Legal form
Private limited company
Registered office
Sint-Janstraat 185
8700 Tielt · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Average workforce
3,8 ETP
Joint committees (2)
  • 200
  • 20000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin342,8 k €321,6 k €194,8 k €479,9 k €316,1 k €
EBITDA112,3 k €111,3 k €66,1 k €338,8 k €180,2 k €
Operating result55 k €59 k €21,6 k €311,5 k €27 k €
Net result2,2 k €8,2 k €-4,3 k €286,1 k €3,4 k €
Balance sheet
Equity45,6 k €43,4 k €35,2 k €39,5 k €33,4 k €
Total assets2,2 M €2,1 M €1,7 M €1,6 M €980,1 k €
Cash62,4 k €99 k €102,1 k €93,1 k €253,3 k €
Debts2,2 M €2,1 M €1,7 M €1,6 M €915,2 k €
Other
Workforce3,8 ETP4,1 ETP2,5 ETP2,8 ETP2,8 ETP
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 31/12/2025 · 2 active · 5 ended

Active mandates

Nagel Invest

Director · since 01 janvier 2022 · 0780.912.653

Represented by Nagel Ilse

Active
Vlaemynck Invest

Director · 0883.085.624

Represented by Vlaemynck KAREL

Active

Ended mandates

Nagel Invest

Director · since 01 janvier 2022 · 0780.912.653

Represented by Nagel ILSE

Ended
Nagel Invest

Director · since 01 janvier 2022 · 0780.912.653

Represented by Nagel ILSE

Ended
Ilse Nagel

Director · until 31 décembre 2021

Ended
NIDECLAN

Director · until 18 décembre 2024 · 0508.851.706

Represented by Nikolaas De Clerck

Ended
At this address

Other companies at this address

CompanyCBE no.
0694.811.889
0892.712.675
CASTRAActive
0456.992.239
COLLEGESITEActive
0777.460.839
0778.339.480
DE SNEPPEActive
0442.032.166
0724.550.804
0889.452.386
HULLYNCKActive
0443.712.939
HULLYNCK INVESTActive
0680.706.606
LAMBERT INVESTActive
0556.731.795
1004.054.522
0431.315.745
MC BOUWActive
0556.731.597
MENEN INVESTActive
0786.628.032
Ortho4VetsActive
0730.816.509
SM MENENActive
1037.261.481
SM NoëActive
1009.412.880
0501.514.150
STURZO INVESTActive
0895.681.766
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202213/11/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months14 months
Filing date15/07/202619/08/202525/07/202417/07/202331/08/2022
General meeting27/06/202613/08/202529/06/202424/06/202323/08/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202615/07/2026DutchPDF
Abridged model31/12/202413/08/202519/08/2025DutchPDF
Abridged model31/12/202329/06/202425/07/2024DutchPDF
Abridged model31/12/202224/06/202317/07/2023DutchPDF
Abridged model31/12/202123/08/202231/08/2022DutchPDF
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 31/12/2025 · 2 active · 5 ended

Active mandates

Nagel Invest

Director · since 01 janvier 2022 · 0780.912.653

Represented by Nagel Ilse

Active
Vlaemynck Invest

Director · 0883.085.624

Represented by Vlaemynck KAREL

Active

Ended mandates

Nagel Invest

Director · since 01 janvier 2022 · 0780.912.653

Represented by Nagel ILSE

Ended
Nagel Invest

Director · since 01 janvier 2022 · 0780.912.653

Represented by Nagel ILSE

Ended
Ilse Nagel

Director · until 31 décembre 2021

Ended
NIDECLAN

Director · until 18 décembre 2024 · 0508.851.706

Represented by Nikolaas De Clerck

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/02/2021
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Other17/11/2020
    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. 2025
    Annual accounts 20252,2 k €
  2. 2024
    Annual accounts 20248,2 k €
  3. 2023
    Annual accounts 2023-4,3 k €
  4. 2022
    Annual accounts 2022286,1 k €
  5. 2021
    Annual accounts 20213,4 k €
  6. 13/11/2020
    IncorporationPrivate limited company