NORMAL SITUATION

VETAM

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Financial year 2025 · closed on 16/07/2025

Net result

17,2 k €

-75.2% YoY

Gross margin

2,1 k €

-96.9% YoY

Equity

648,4 k €

+2.7% YoY

Company — Normal situation.

What does VETAM do?

VETAM is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0811.583.657

Legal form

Private limited company

Contributed capital

12 400,00 €

Latest accounts

16/07/2025

Joint committees (1)

3360

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	2,1 k €	-96.9%	68,2 k €	-60.5%	172,8 k €	+10.6%	156,2 k €	-4.3%	163,3 k €	+119%	74,7 k €	-50.8%	151,7 k €	+37.5%	110,3 k €	-7.9%	119,8 k €	+35.5%	88,4 k €	+41.3%	62,6 k €	-13.9%	72,6 k €	+14.9%	63,2 k €	+29.2%	48,9 k €	-14.5%	57,3 k €
EBITDA	1,8 k €	-96.5%	52,5 k €	-63.2%	142,7 k €	+12.0%	127,4 k €	-7.4%	137,5 k €	+101%	68,3 k €	-54.5%	150,1 k €	+37.2%	109,4 k €	-7.9%	118,8 k €	+36.0%	87,4 k €	+41.7%	61,6 k €	-13.7%	71,5 k €	+15.2%	62 k €	+29.3%	48 k €	-14.7%	56,3 k €
Operating result	1,8 k €	-96.5%	52,3 k €	-62.1%	137,8 k €	+13.1%	121,8 k €	-0.5%	122,5 k €	+197%	41,3 k €	-65.9%	121 k €	+10.6%	109,4 k €	-7.7%	118,5 k €	+41.8%	83,6 k €	+44.5%	57,8 k €	-14.4%	67,6 k €	+16.2%	58,1 k €	+22.1%	47,6 k €	-15.4%	56,3 k €
Net result	17,2 k €	-75.2%	69,3 k €	-39.1%	113,7 k €	+104%	55,7 k €	-33.1%	83,2 k €	+531%	13,2 k €	-81.8%	72,4 k €	+5.7%	68,5 k €	+14.2%	60 k €	+12.7%	53,2 k €	+35.0%	39,5 k €	-13.8%	45,8 k €	+16.2%	39,4 k €	+29.5%	30,4 k €	-22.8%	39,4 k €
Balance sheet
Equity	648,4 k €	+2.7%	631,2 k €	+8.5%	582 k €	+24.3%	468,3 k €	+13.5%	412,6 k €	+1.5%	406,4 k €	+3.4%	393,2 k €	+22.6%	320,8 k €	+27.2%	252,3 k €	+31.2%	192,2 k €	+38.3%	139 k €	+39.6%	99,5 k €	+85.2%	53,7 k €	+275%	14,3 k €	-72.3%	51,8 k €
Total assets	661,8 k €	-2.6%	679,5 k €	+6.0%	641 k €	+20.8%	530,8 k €	+5.3%	504,2 k €	+8.1%	466,3 k €	-10.8%	523 k €	+40.5%	372,3 k €	+21.6%	306,2 k €	+26.7%	241,7 k €	+43.6%	168,3 k €	+31.5%	127,9 k €	+59.8%	80,1 k €	-27.1%	109,8 k €	+55.0%	70,9 k €
Cash	234 k €	+27.2%	184,1 k €	+45.9%	126,1 k €	-28.1%	175,4 k €	+17.6%	149,1 k €	+31.4%	113,5 k €	-14.8%	133,2 k €	-4.3%	139,2 k €	+7.7%	129,3 k €	-13.0%	148,5 k €	+21.4%	122,3 k €	+33.4%	91,7 k €	+276%	24,4 k €	-62.2%	64,5 k €	+68.6%	38,2 k €
Debts	13,5 k €	-72.0%	48,1 k €	-17.9%	58,6 k €	-6.3%	62,5 k €	-31.8%	91,6 k €	+53.1%	59,9 k €	-53.9%	129,7 k €	+152%	51,5 k €	-4.6%	53,9 k €	+9.2%	49,4 k €	+68.7%	29,3 k €	+3.1%	28,4 k €	+13.1%	25,1 k €	-73.7%	95,5 k €	+401%	19,1 k €

Governance

Board of directors

Seen on filing of 16/07/2025 · 2 active · 4 ended

Active mandates

Alex Bylemans

Mandate

Active

Margot Schepers

Mandate

Active

Ended mandates

Margot SCHEPERS

Director · since 19 octobre 2018

Ended

Alex BYLEMANS

Director · since 07 mai 2009

Ended

Alex BYLEMANS

Manager · since 07 mai 2009

Ended

Alex Bylemans

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	16/07/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	7 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/12/2025	23/04/2025	02/07/2024	24/05/2023	04/07/2022	01/06/2021
General meeting	16/07/2025	31/03/2025	27/05/2024	12/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	16/07/2025	16/07/2025	15/12/2025	Dutch	PDF
Micro model	31/12/2024	31/03/2025	23/04/2025	Dutch	PDF
Micro model	31/12/2023	27/05/2024	02/07/2024	Dutch	PDF
Micro model	31/12/2022	12/05/2023	24/05/2023	Dutch	PDF
Micro model	31/12/2021	30/05/2022	04/07/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	01/06/2021	Dutch	PDF
Micro model	31/12/2019	30/04/2020	04/05/2020	Dutch	PDF
Micro model	31/12/2018	01/04/2019	02/04/2019	Dutch	PDF
Micro model	31/12/2017	28/05/2018	14/06/2018	Dutch	PDF
Micro model	31/12/2016	29/05/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	30/05/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	26/03/2013	28/03/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	30/06/2010	Dutch	PDF

Estimate

Indicative valuation

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 16/07/2025 · 2 active · 4 ended

Active mandates

Alex Bylemans

Mandate

Active

Margot Schepers

Mandate

Active

Ended mandates

Margot SCHEPERS

Director · since 19 octobre 2018

Ended

Alex BYLEMANS

Director · since 07 mai 2009

Ended

Alex BYLEMANS

Manager · since 07 mai 2009

Ended

Alex Bylemans

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution18/08/2025
Ontbinding en vereffening
PDF
Mandates11/07/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other15/05/2009
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

2025
Annual accounts 202517,2 k €↓
2024
Annual accounts 202469,3 k €↓
2023
Annual accounts 2023113,7 k €↑
2022
Annual accounts 202255,7 k €↓
2021
Annual accounts 202183,2 k €↑
2018
Annual accounts 201813,2 k €↓
2017
Annual accounts 201772,4 k €↑
2016
Annual accounts 201668,5 k €↑
2015
Annual accounts 201560 k €↑
2014
Annual accounts 201453,2 k €↑
2013
Annual accounts 201339,5 k €↓
2012
Annual accounts 201245,8 k €↑
2011
Annual accounts 201139,4 k €↑
2010
Annual accounts 201030,4 k €↓
2009
Annual accounts 200939,4 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VETAM

Overview

What does VETAM do?

Trend over 15 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline