ACTIVE

VEM

Financial year 2025 · closed on 30/09/2025
Net result
12,3 k €
-43.1% YoY
Gross margin
338,5 k €
-2.9% YoY
Equity
1,5 M €
+0.8% YoY

What does VEM do?

VEM is a Private limited company incorporated in 2008. Its main activity is: Rental and leasing of construction and civil engineering machinery and equipment. Its registered office is in Izegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0807.938.338
Incorporation
20/11/2008
Legal form
Private limited company
Registered office
Baronielaan 5
8870 Izegem · FlandreSee on map
Contributed capital
1 200 000,00 €
Latest accounts
30/09/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212019201820172016201520142013201220112010
Income statement
Gross margin338,5 k €348,6 k €321,5 k €316,5 k €309,3 k €-1,9 k €-3 k €21,6 k €85,1 k €67 k €42,5 k €206,3 k €-181,7 k €9,8 k €679,9 k €
EBITDA337,6 k €347,8 k €320,7 k €315,8 k €308,6 k €-2,6 k €-3,7 k €20,9 k €42,8 k €61,8 k €28,4 k €206,1 k €-181,9 k €9,5 k €679,7 k €
Operating result33,2 k €43,3 k €16,2 k €11,3 k €4,2 k €-6,9 k €-8 k €16,6 k €38,5 k €57,5 k €28,4 k €206,1 k €-181,9 k €9,5 k €678,8 k €
Net result12,3 k €21,6 k €-15,7 k €-23,4 k €-34,2 k €-48,3 k €767,5 €16,4 k €38,8 k €58,3 k €-49,4 k €133,6 k €-146,4 k €8,8 k €432,9 k €
Balance sheet
Equity1,5 M €1,5 M €1,5 M €1,5 M €352,8 k €457,9 k €506,2 k €505,5 k €489 k €450,3 k €391,9 k €441,3 k €307,7 k €454,1 k €445,3 k €
Total assets5,4 M €5,7 M €5,6 M €5,9 M €4,6 M €5,5 M €508,4 k €597,5 k €1,3 M €811 k €2,1 M €2,1 M €1,6 M €1,2 M €1,6 M €
Cash8,6 k €12,9 k €5 k €279,5 k €92,2 k €2,6 k €139,6 k €13,6 k €706,7 k €308,9 k €1,7 M €1,5 M €1,3 M €324,6 k €298,2 €
Debts3,9 M €4,2 M €4,1 M €4,3 M €4,3 M €5 M €2,2 k €92,1 k €795,1 k €360,7 k €1,7 M €1,6 M €1,3 M €701,6 k €1,1 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Philiep Van Eeckhout

Director · since 20 novembre 2008

Active

Ended mandates

Philiep Van Eeckhout

Director

Ended
PHILIEP VAN EECKHOUT

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202604/04/202518/03/202423/04/202306/04/202230/04/2021
General meeting11/03/202612/03/202513/03/202408/03/202309/03/202210/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202511/03/202623/04/2026DutchPDF
Micro model30/09/202412/03/202504/04/2025DutchPDF
Micro model30/09/202313/03/202418/03/2024DutchPDF
Micro model30/09/202208/03/202323/04/2023DutchPDF
Micro model30/09/202109/03/202206/04/2022DutchPDF
Micro model30/09/202010/03/202130/04/2021DutchPDF
Micro model30/09/201911/03/202030/10/2020DutchPDF
Micro model30/09/201813/03/201905/04/2019DutchPDF
Micro model30/09/201714/03/201803/04/2018DutchPDF
Abridged model30/09/201608/02/201731/03/2017DutchPDF
Abridged model30/09/201509/03/201630/03/2016DutchPDF
Abridged model30/09/201411/03/201521/04/2015DutchPDF
Abridged model30/09/201312/03/201430/04/2014DutchPDF
Abridged model30/09/201213/03/201326/04/2013DutchPDF
Abridged model30/09/201114/03/201227/04/2012DutchPDF
Abridged model30/09/201009/03/201127/04/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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

Philiep Van Eeckhout

Director · since 20 novembre 2008

Active

Ended mandates

Philiep Van Eeckhout

Director

Ended
PHILIEP VAN EECKHOUT

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares09/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates22/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/12/2008
    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 202512,3 k €
  2. 2024
    Annual accounts 202421,6 k €
  3. 2023
    Annual accounts 2023-15,7 k €
  4. 2022
    Annual accounts 2022-23,4 k €
  5. 2021
    Annual accounts 2021-34,2 k €
  6. 2019
    Annual accounts 2019-48,3 k €
  7. 2018
    Annual accounts 2018767,5 €
  8. 2017
    Annual accounts 201716,4 k €
  9. 2016
    Annual accounts 201638,8 k €
  10. 2015
    Annual accounts 201558,3 k €
  11. 2014
    Annual accounts 2014-49,4 k €
  12. 2013
    Annual accounts 2013133,6 k €
  13. 2012
    Annual accounts 2012-146,4 k €
  14. 2011
    Annual accounts 20118,8 k €
  15. 2010
    Annual accounts 2010432,9 k €
  16. 20/11/2008
    IncorporationPrivate limited company