ACTIVE

VEKARE

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Financial year 2025 · closed on 30/09/2025

Net result

36,3 k €

-85.3% YoY

Gross margin

103,0 k €

+2.3% YoY

Equity

6,8 M €

-1.0% YoY

What does VEKARE do?

VEKARE is a Public limited company incorporated in 2010. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0823.614.231

Incorporation

01/03/2010

Legal form

Public limited company

Registered office

Rue du Blanc-Ry 79
1340 Ottignies-Louvain-la-Neuve · WallonieSee on map

Contributed capital

815 173,38 €

Latest accounts

30/09/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	103,0 k €	+2.3%	100,8 k €	+3.3%	97,5 k €	+11.2%	87,7 k €	+24.1%	70,7 k €	+4924%	-1,5 k €	+37.1%	-2,3 k €	-134%	6,9 k €	-38.2%	11,2 k €	+15.1%	9,7 k €	-13.3%	11,2 k €	-33.9%	17,0 k €	+53.0%	11,1 k €	+14.8%	9,7 k €	-20.9%	12,2 k €	+140%	-30,6 k €
EBITDA	92,8 k €	+2.1%	90,9 k €	+2.7%	88,5 k €	+10.9%	79,8 k €	+15.7%	68,9 k €	+4563%	-1,5 k €	+51.7%	-3,2 k €	-153%	6,1 k €	-41.4%	10,3 k €	+16.5%	8,9 k €	-14.5%	10,4 k €	-35.7%	16,2 k €	+57.5%	10,3 k €	+16.3%	8,8 k €	-25.8%	11,9 k €	+138%	-31,0 k €
Operating result	36,4 k €	+5.6%	34,4 k €	+7.4%	32,1 k €	+37.4%	23,3 k €	+86.9%	12,5 k €	+909%	-1,5 k €	+51.7%	-3,2 k €	-153%	6,1 k €	-41.4%	10,3 k €	+16.5%	8,9 k €	-14.5%	10,4 k €	-33.2%	15,5 k €	+61.1%	9,6 k €	+17.5%	8,2 k €	-27.2%	11,3 k €	+136%	-31,6 k €
Net result	36,3 k €	-85.3%	246,1 k €	-0.4%	247,2 k €	-36.0%	386,2 k €	+62.0%	238,4 k €	-27.7%	329,6 k €	-4.2%	344,1 k €	+387%	70,7 k €	-79.2%	339,8 k €	+2.7%	330,8 k €	+112%	156,0 k €	-60.6%	396,3 k €	-4.1%	413,3 k €	-9.3%	455,8 k €	-66.7%	1,4 M €	+35.6%	1,0 M €
Balance sheet
Equity	6,8 M €	-1.0%	6,8 M €	+1.3%	6,7 M €	+3.7%	6,5 M €	+6.2%	6,1 M €	+8.8%	5,6 M €	+6.2%	5,3 M €	+3.8%	5,1 M €	-2.2%	5,2 M €	+7.0%	4,9 M €	+7.3%	4,6 M €	+3.5%	4,4 M €	+9.9%	4,0 M €	+11.5%	3,6 M €	+14.6%	3,1 M €	+77.8%	1,8 M €
Total assets	6,9 M €	-2.2%	7,0 M €	+0.4%	7,0 M €	-2.8%	7,2 M €	+1.6%	7,1 M €	+3.4%	6,9 M €	+1.8%	6,7 M €	-3.3%	7,0 M €	+22.5%	5,7 M €	-0.5%	5,7 M €	+1.5%	5,6 M €	-1.6%	5,7 M €	+1.9%	5,6 M €	-1.2%	5,7 M €	+1.3%	5,6 M €	-4.0%	5,8 M €
Cash	93,8 k €	+345%	21,1 k €	-38.6%	34,4 k €	+29.9%	26,5 k €	+38.2%	19,2 k €	-21.4%	24,4 k €	-58.5%	58,7 k €	-82.2%	330,2 k €	+73.7%	190,1 k €	+3816%	4,9 k €	+8.2%	4,5 k €	+147%	1,8 k €	-27.3%	2,5 k €	-93.0%	35,8 k €	+248%	10,3 k €	-96.8%	321,5 k €
Debts	97,5 k €	-46.7%	182,8 k €	-26.5%	248,8 k €	-63.9%	689,8 k €	-28.1%	958,8 k €	-21.3%	1,2 M €	-14.6%	1,4 M €	-22.8%	1,8 M €	+307%	454,3 k €	-43.1%	797,8 k €	-25.4%	1,1 M €	-18.7%	1,3 M €	-17.9%	1,6 M €	-23.1%	2,1 M €	-15.4%	2,5 M €	-39.4%	4,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Eric VIATOUR

Director · since 01 mars 2010 · until 01 mars 2016

Active

EVIA Partner

Managing director · since 01 mars 2010 · until 01 mars 2016 · 0822.888.117

Active

Ended mandates

Eric VIATOUR

Director · since 02 mars 2016 · until 01 mars 2022

Ended

EVIA Partner

Managing director · since 02 mars 2016 · until 01 mars 2022 · 0822.888.117

Ended

JPSeven

Director · since 01 mars 2010 · until 01 mars 2016 · 0897.003.441

Ended

At this address

Other companies at this address

Company	CBE no.
ERV Services● Active	1039.195.840
EVIA Partner● Active	0822.888.117

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	30/04/2025	29/04/2024	17/03/2023	23/05/2022	19/04/2021
General meeting	12/03/2026	03/04/2025	14/03/2024	09/03/2023	12/03/2022	11/03/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	12/03/2026	29/04/2026	French	PDF
Abridged model	30/09/2024	03/04/2025	30/04/2025	French	PDF
Abridged model	30/09/2023	14/03/2024	29/04/2024	French	PDF
Abridged model	30/09/2022	09/03/2023	17/03/2023	French	PDF
Abridged model	30/09/2021	12/03/2022	23/05/2022	French	PDF
Abridged model	30/09/2020	11/03/2021	19/04/2021	French	PDF
Abridged model	30/09/2019	10/03/2020	30/03/2020	French	PDF
Abridged model	30/09/2018	14/03/2019	30/04/2019	French	PDF
Abridged model	30/09/2017	08/03/2018	27/04/2018	French	PDF
Abridged model	30/09/2016	09/03/2017	17/03/2017	French	PDF
Abridged model	30/09/2015	10/03/2016	25/03/2016	French	PDF
Abridged model	30/09/2014	26/03/2015	30/04/2015	French	PDF
Abridged model	30/09/2013	13/03/2014	18/03/2014	French	PDF
Abridged model	30/09/2012	14/03/2013	04/04/2013	French	PDF
Abridged model	30/09/2011	08/03/2012	20/03/2012	French	PDF
Abridged model	30/09/2010	10/03/2011	29/03/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 3 ended

Active mandates

Eric VIATOUR

Director · since 01 mars 2010 · until 01 mars 2016

Active

EVIA Partner

Managing director · since 01 mars 2010 · until 01 mars 2016 · 0822.888.117

Active

Ended mandates

Eric VIATOUR

Director · since 02 mars 2016 · until 01 mars 2022

Ended

EVIA Partner

Managing director · since 02 mars 2016 · until 01 mars 2022 · 0822.888.117

Ended

JPSeven

Director · since 01 mars 2010 · until 01 mars 2016 · 0897.003.441

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring06/09/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring25/05/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates13/09/2017
DEMISSIONS, NOMINATIONS
PDF
Other16/03/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202536,3 k €↓
2024
Annual accounts 2024246,1 k €↓
2023
Annual accounts 2023247,2 k €↓
2022
Annual accounts 2022386,2 k €↑
2021
Annual accounts 2021238,4 k €↓
2020
Annual accounts 2020329,6 k €↓
2019
Annual accounts 2019344,1 k €↑
2018
Annual accounts 201870,7 k €↓
2017
Annual accounts 2017339,8 k €↑
2016
Annual accounts 2016330,8 k €↑
2015
Annual accounts 2015156,0 k €↓
2014
Annual accounts 2014396,3 k €↓
2013
Annual accounts 2013413,3 k €↓
2012
Annual accounts 2012455,8 k €↓
2011
Annual accounts 20111,4 M €↑
2010
Annual accounts 20101,0 M €
01/03/2010
IncorporationPublic limited company

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

VEKARE

Overview

What does VEKARE do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

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