ACTIVE

Vicinity Services

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Financial year 2025 · closed on 31/12/2025
Net result
19,5 k €
-6.6% YoY
Gross margin
425,6 k €
+8.8% YoY
Equity
114,5 k €
+7.0% YoY
Workforce
7,1 ETP
+20.3% YoY

What does Vicinity Services do?

Vicinity Services is a Public limited company incorporated in 2020. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Watermael-Boitsfort. It employs on average 7,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0759.989.456
Incorporation
18/12/2020
Legal form
Public limited company
Registered office
Rue du Gruyer 50
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
7,1 ETP
Activities (NACE)
68201Rental and operating of own or leased real estate· main68201Rental and operating of own or leased real estate68100Buying and selling of own real estate68110Buying and selling of own real estate68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate+2
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 margin425,6 k €391,1 k €340,3 k €258,2 k €239,2 k €
EBITDA47,1 k €48,2 k €39,7 k €27,7 k €21,6 k €
Operating result39,4 k €41,8 k €29,3 k €19 k €17,2 k €
Net result19,5 k €20,9 k €16,3 k €14,6 k €12,7 k €
Balance sheet
Equity114,5 k €107 k €86,1 k €69,8 k €64,2 k €
Total assets233,4 k €201,7 k €251,1 k €160,5 k €149,2 k €
Cash14,9 k €53,9 k €11,6 k €38,4 k €54,8 k €
Debts118,8 k €94,7 k €165 k €90,7 k €85 k €
Other
Workforce7,1 ETP5,9 ETP5,5 ETP3,9 ETP3,8 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 · 6 ended

Active mandates

DM IMPACT

Director · since 13 avril 2023 · 0800.030.858

Represented by Vincent Meulders

Active
La Compagnie du Bois aux Charmes

Director · since 18 décembre 2021 · 0673.714.884

Represented by Jean-Baptiste Van Ex

Active

Ended mandates

DM IMPACT

Director · since 13 avril 2023 · 0800.030.858

Represented by Vincent MEULDERS

Ended
La Compagnie du Bois aux Charmes

Director · since 18 décembre 2021 · 0673.714.884

Represented by Jean-Baptiste VAN EX

Ended
La Compagnie du Bois aux Charmes

Director · since 18 décembre 2020 · 0673.714.884

Represented by Jean-Baptiste Van Ex

Ended
RE-VIVE

Director · since 18 décembre 2020 · until 11 avril 2023 · 0810.433.812

Represented by Alexandre HUYGHE

Ended
At this address

Other companies at this address

CompanyCBE no.
CASSE-NOIX 7● Active
0764.597.748
La Compagnie du Bois aux Charmes● Active
0673.714.884
LES AMIS DE GENeHOPE● Active
1018.943.329
Résidence Louise● Active
0403.305.115
VAHF● Active
0408.217.768
Vicinity Affordable Housing Fund● Active
0759.989.654
Vicinity Partners● Active
0724.935.240
VICINITY UNITY● Active
1030.612.231
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202218/12/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months13 months
Filing date11/06/202609/09/202501/08/202413/05/202322/06/2022
General meeting28/05/202629/05/202530/05/202414/04/202321/06/2022
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 model31/12/202528/05/202611/06/2026DutchPDF
Abridged model31/12/202429/05/202509/09/2025DutchPDF
Abridged model31/12/202330/05/202401/08/2024DutchPDF
Abridged model31/12/202214/04/202313/05/2023DutchPDF
Abridged model31/12/202121/06/202222/06/2022DutchPDF
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 · 6 ended

Active mandates

DM IMPACT

Director · since 13 avril 2023 · 0800.030.858

Represented by Vincent Meulders

Active
La Compagnie du Bois aux Charmes

Director · since 18 décembre 2021 · 0673.714.884

Represented by Jean-Baptiste Van Ex

Active

Ended mandates

DM IMPACT

Director · since 13 avril 2023 · 0800.030.858

Represented by Vincent MEULDERS

Ended
La Compagnie du Bois aux Charmes

Director · since 18 décembre 2021 · 0673.714.884

Represented by Jean-Baptiste VAN EX

Ended
La Compagnie du Bois aux Charmes

Director · since 18 décembre 2020 · 0673.714.884

Represented by Jean-Baptiste Van Ex

Ended
RE-VIVE

Director · since 18 décembre 2020 · until 11 avril 2023 · 0810.433.812

Represented by Alexandre HUYGHE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/08/2025
    Benoeming van een gedelegeerd bestuurder
    PDF
  • Mandates06/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/12/2020
    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 202519,5 k €↓
  2. 2024
    Annual accounts 202420,9 k €↑
  3. 2023
    Annual accounts 202316,3 k €↑
  4. 2022
    Annual accounts 202214,6 k €↑
  5. 2021
    Annual accounts 202112,7 k €
  6. 18/12/2020
    IncorporationPublic limited company