ACTIVE

VVM Master

Financial year 2025 · Closed on 31/12/2025

Net result2,2 k €-73,4 %over 1 year
Gross margin342,8 k €+6,6 %over 1 year
Equity45,6 k €+5,0 %over 1 year
Workforce3,8 ETP-7,3 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 5 filings

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

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nagel Invest0780.912.653Represented by Nagel Ilse
Directorsince 01/01/2022
Vlaemynck Invest0883.085.624Represented by Vlaemynck KAREL
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ilse Nagel
Directoruntil 31/12/2021
NIDECLAN0508.851.706Represented by Nikolaas De Clerck
Directoruntil 18/12/2024

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HULLYNCK● Active
0443.712.939
HULLYNCK INVEST● Active
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LAMBERT INVEST● Active
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SM MENEN● Active
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STURZO INVEST● Active
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Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nagel Invest0780.912.653Represented by Nagel Ilse
Directorsince 01/01/2022
Vlaemynck Invest0883.085.624Represented by Vlaemynck KAREL
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ilse Nagel
Directoruntil 31/12/2021
NIDECLAN0508.851.706Represented by Nikolaas De Clerck
Directoruntil 18/12/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
Nagel Invest
Vlaemynck Invest
NIDECLAN
Ilse Nagel
2020202120222023202420252026
VVM Master
Sint-Janstraat 185, 8700 Tielt
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Sint-Janstraat 185, 8700 TieltCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00300898

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VVM MasterCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00300898

Events

  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