VMNETWORK
0822.211.590 · rovalta.com · 21/09/2026
NORMAL SITUATION
VMNETWORK
Financial year 2024 · closed on 26/11/2024
Net result
3,1 k €
-72.5% YoY
Gross margin
11,2 k €
-40.3% YoY
Company — Normal situation.
Overview
What does VMNETWORK do?
VMNETWORK is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0822.211.590
Legal form
Private company with limited liability
Latest accounts
26/11/2024
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 15 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 11,2 k € | -40.3% | 18,8 k € | +161% | 7,2 k € | -58.1% | 17,2 k € | -68.6% | 54,6 k € | +8.0% | 50,5 k € | +18.0% | 42,8 k € | -16.2% | 51,1 k € | +3.5% | 49,4 k € | -4.1% | 51,5 k € | +6.6% | 48,3 k € | +22.0% | 39,6 k € | -1.9% | 40,4 k € | +56.9% | 25,7 k € | +105% | 12,5 k € |
| EBITDA | 5,2 k € | -71.6% | 18,4 k € | +186% | 6,4 k € | -60.0% | 16,1 k € | -70.2% | 54,0 k € | +8.6% | 49,7 k € | +21.2% | 41,0 k € | -19.0% | 50,7 k € | +16.6% | 43,4 k € | -13.4% | 50,1 k € | +5.2% | 47,7 k € | +20.9% | 39,4 k € | -1.0% | 39,8 k € | +56.4% | 25,5 k € | +106% | 12,3 k € |
| Operating result | 5,2 k € | -70.3% | 17,6 k € | +212% | 5,6 k € | -63.7% | 15,5 k € | -70.8% | 53,1 k € | +8.4% | 49,0 k € | +22.7% | 40,0 k € | -19.0% | 49,3 k € | +16.3% | 42,4 k € | -12.9% | 48,7 k € | +5.7% | 46,1 k € | +31.1% | 35,1 k € | +1.4% | 34,6 k € | +68.8% | 20,5 k € | +82.2% | 11,3 k € |
| Net result | 3,1 k € | -72.5% | 11,1 k € | +318% | 2,7 k € | -69.7% | 8,7 k € | -75.6% | 35,8 k € | +13.8% | 31,5 k € | +30.9% | 24,0 k € | -17.5% | 29,1 k € | +22.1% | 23,9 k € | -15.6% | 28,2 k € | +9.0% | 25,9 k € | +38.4% | 18,7 k € | -0.9% | 18,9 k € | +75.5% | 10,8 k € | +55.2% | 6,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | – | 41,3 k € | +16.8% | 35,4 k € | -6.2% | 37,7 k € | -3.2% | 39,0 k € | +51.9% | 25,7 k € | +94.4% | 13,2 k € | +8.5% | 12,2 k € | -6.7% | 13,1 k € | -32.0% | 19,2 k € | +20.4% | 16,0 k € | +6.1% | 15,0 k € | +5.1% | 14,3 k € | +37.4% | 10,4 k € | +8.0% | 9,6 k € | |
| Total assets | 43,4 k € | -20.3% | 54,4 k € | +52.0% | 35,8 k € | -22.2% | 46,0 k € | -13.9% | 53,4 k € | +53.2% | 34,8 k € | +40.7% | 24,8 k € | -33.8% | 37,4 k € | +4.2% | 35,9 k € | +1.0% | 35,6 k € | -19.0% | 43,9 k € | +2.4% | 42,9 k € | -22.7% | 55,5 k € | +28.8% | 43,1 k € | +100% | 21,5 k € |
| Cash | 26,9 k € | -23.4% | 35,2 k € | +45.0% | 24,3 k € | -36.3% | 38,1 k € | -0.1% | 38,2 k € | +117% | 17,6 k € | +114% | 8,2 k € | -65.1% | 23,6 k € | +20.6% | 19,6 k € | +3.3% | 19,0 k € | -20.4% | 23,8 k € | +3.8% | 22,9 k € | -31.2% | 33,4 k € | +30.6% | 25,5 k € | +33.0% | 19,2 k € |
| Debts | 43,4 k € | +1347% | 3,0 k € | +684% | 382,0 € | -95.4% | 8,2 k € | -43.0% | 14,4 k € | +57.0% | 9,2 k € | -20.7% | 11,6 k € | -54.2% | 25,3 k € | +10.4% | 22,9 k € | +39.6% | 16,4 k € | -41.4% | 28,0 k € | +0.4% | 27,9 k € | -32.3% | 41,2 k € | +26.1% | 32,7 k € | +175% | 11,9 k € |
Governance
Board of directors
Seen on filing of 26/11/2024 · 1 active · 2 ended
Active mandates
Michel Vrancken
ActiveEnded mandates
Benoît Lemaire
EndedMichel Vrancken
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 26/11/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 11 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/05/2025 | 01/07/2024 | 14/07/2023 | 02/08/2022 | 01/07/2021 | 15/06/2020 |
| General meeting | 26/11/2024 | 31/05/2024 | 26/05/2023 | 27/05/2022 | 28/05/2021 | 29/05/2020 |
| 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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Try for 7 daysFilings
Annual accounts filings
15 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 26/11/2024 | 26/11/2024 | 30/05/2025 | French | |
| Micro model | 31/12/2023 | 31/05/2024 | 01/07/2024 | French | |
| Micro model | 31/12/2022 | 26/05/2023 | 14/07/2023 | French | |
| Micro model | 31/12/2021 | 27/05/2022 | 02/08/2022 | French | |
| Micro model | 31/12/2020 | 28/05/2021 | 01/07/2021 | French | |
| Micro model | 31/12/2019 | 29/05/2020 | 15/06/2020 | French | |
| Micro model | 31/12/2018 | 31/05/2019 | 01/07/2019 | French | |
| Micro model | 31/12/2017 | 25/05/2018 | 12/06/2018 | French | |
| Micro model | 31/12/2016 | 26/05/2017 | 26/06/2017 | French | |
| Abridged model | 31/12/2015 | 27/05/2016 | 07/07/2016 | French | |
| Abridged model | 31/12/2014 | 29/05/2015 | 07/07/2015 | French | |
| Abridged model | 31/12/2013 | 30/05/2014 | 22/08/2014 | French | |
| Abridged model | 31/12/2012 | 31/05/2013 | 28/08/2013 | French | |
| Abridged model | 31/12/2011 | 25/05/2012 | 03/07/2012 | French | |
| Abridged model | 31/12/2010 | 27/05/2011 | 17/07/2011 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 26/11/2024 · 1 active · 2 ended
Active mandates
Michel Vrancken
ActiveEnded mandates
Benoît Lemaire
EndedMichel Vrancken
EndedShareholders
Ownership and network
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Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 20243,1 k €↓
- 2023Annual accounts 202311,1 k €↑
- 2022Annual accounts 20222,7 k €↓
- 2021Annual accounts 20218,7 k €↓
- 2020Annual accounts 202035,8 k €↑
- 2019Annual accounts 201931,5 k €↑
- 2018Annual accounts 201824,0 k €↓
- 2017Annual accounts 201729,1 k €↑
- 2016Annual accounts 201623,9 k €↓
- 2015Annual accounts 201528,2 k €↑
- 2014Annual accounts 201425,9 k €↑
- 2013Annual accounts 201318,7 k €↓
- 2012Annual accounts 201218,9 k €↑
- 2011Annual accounts 201110,8 k €↑
- 2010Annual accounts 20106,9 k €