ACTIVE

VURE

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Financial year 2025 · closed on 31/12/2025
Net result
-1 M €
-2186.2% YoY
Revenue
6,7 M €
+325.6% YoY
Equity
-6,3 M €
-19.0% YoY

What does VURE do?

VURE is a Public limited company incorporated in 2010. Its main activity is: Development of building projects. Its registered office is in Hasselt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0830.671.772
Incorporation
27/10/2010
Legal form
Public limited company
Registered office
Herkenrodesingel 4B
3500 Hasselt · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41001Construction of buildings41102Development of building projects41201Construction of residential and non-residential buildings68122Buying and selling of own real estate+2
Signals
High revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192017201620152014201320122011
Income statement
Revenue6,7 M €1,6 M €14,7 M €––––317,5 k €492,6 k €11,8 M €1,9 M €5,2 M €12,7 M €–
EBITDA-888,5 k €-1,2 M €-4,1 M €103,1 k €114,7 k €53,9 k €-3,1 k €-95 k €53,3 k €532,4 k €70,7 k €135,8 k €42,4 k €54,5 k €
Operating result-796,4 k €448,6 k €-3,4 M €-2,5 M €114,7 k €53,9 k €-3,1 k €-95 k €53,3 k €532,4 k €70,7 k €135,8 k €42,4 k €54,5 k €
Net result-1 M €48 k €-3,5 M €-2,6 M €-8,1 k €-8,3 k €-8,6 k €-101,4 k €33,5 k €305,2 k €33,6 k €79,7 k €10,9 k €-7,3 k €
Balance sheet
Equity-6,3 M €-5,3 M €-5,3 M €-2,3 M €304 k €312,1 k €320,3 k €416,2 k €517,6 k €484,1 k €178,9 k €145,3 k €65,5 k €54,7 k €
Total assets2,5 M €3,9 M €20,5 M €19,4 M €6 M €2,8 M €1,5 M €541,5 k €1,4 M €3,3 M €8,7 M €6 M €4,6 M €7,8 M €
Cash376,7 k €462 k €278,4 k €3,4 M €852,1 k €85,8 k €428,1 k €345,1 k €850,9 k €2,7 M €581 k €198,2 k €994,3 k €209,4 k €
Debts8,7 M €9,1 M €25,7 M €21,5 M €5,6 M €2,5 M €1,2 M €125,4 k €909,3 k €2,8 M €8,5 M €5,8 M €4,5 M €7,7 M €
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

MaLiBe

Director · since 04 août 2023 · until 31 décembre 2025 · 0770.425.567

Represented by Johan Van Den Broeck

Active
TDEVELOPMENT

Director · since 03 août 2023 · until 25 mai 2029 · 0774.835.802

Represented by Thibaud Demot

Active
CIRIL

Director · since 28 mai 2021 · until 27 mai 2027 · 0440.712.768

Represented by Philip Demot

Active
PVMA

Director · since 28 mai 2021 · until 27 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Active

Ended mandates

MaLiBe

Director · since 04 août 2023 · until 25 mai 2029 · 0770.425.567

Represented by Johan Van Den Broeck

Ended
PVMA

Director · since 28 mai 2021 · until 27 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Ended
Michel DEMOT

Director · since 27 mai 2017 · until 26 mai 2023

Ended
Philip Demot

Director · since 27 mai 2017 · until 26 mai 2023

Ended
At this address

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0566.922.339
CIRIL● Active
0440.712.768
Craeyenhof● Active
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Craeyenhof Properties● Active
0677.932.802
DAM 71● Active
0643.904.806
DEBUILD● Active
0749.717.552
DEMCOR● Active
0473.012.085
Dem GroupVAT● Active
0715.490.311
DEMOCO● Active
0440.712.867
DEMOCO GROUP● Active
0479.223.847
DOK DEVELOPMENT● Active
0444.355.515
D-Watt● Active
1002.715.031
EZELDIJK DEVELOPMENT● Active
0848.067.634
Hart van Hamme● Active
0713.699.868
Herkenrode Development● Active
0652.781.195
HERK&RED● Active
0432.874.079
NETESTAD IMMO● Active
0794.720.109
SION NETEZICHT● Active
0844.696.586
TERRA● Active
0879.600.057
THV CASINO FURNIBO DEMOCO● Active
0768.818.634
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202605/06/202511/07/202407/08/202321/06/202221/06/2021
General meeting12/06/202630/05/202510/07/202404/08/202327/05/202228/05/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/06/202618/06/2026DutchPDF
Full model31/12/202430/05/202505/06/2025DutchPDF
Full model31/12/202310/07/202411/07/2024DutchPDF
Full model31/12/202204/08/202307/08/2023DutchPDF
Full model31/12/202127/05/202221/06/2022DutchPDF
Full model31/12/202028/05/202121/06/2021DutchPDF
Full model31/12/201929/05/202024/06/2020DutchPDF
Abridged model31/12/201831/05/201926/06/2019DutchPDF
Full model31/12/201725/05/201826/06/2018DutchPDF
Full model31/12/201626/05/201726/06/2017DutchPDF
Full model31/12/201527/05/201609/06/2016DutchPDF
Full model31/12/201429/05/201518/06/2015DutchPDF
Abridged model31/12/201330/05/201417/06/2014DutchPDF
Abridged model31/12/201231/05/201320/06/2013DutchPDF
Abridged model31/12/201125/05/201219/06/2012DutchPDF
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 31/12/2025 · 4 active · 9 ended

Active mandates

MaLiBe

Director · since 04 août 2023 · until 31 décembre 2025 · 0770.425.567

Represented by Johan Van Den Broeck

Active
TDEVELOPMENT

Director · since 03 août 2023 · until 25 mai 2029 · 0774.835.802

Represented by Thibaud Demot

Active
CIRIL

Director · since 28 mai 2021 · until 27 mai 2027 · 0440.712.768

Represented by Philip Demot

Active
PVMA

Director · since 28 mai 2021 · until 27 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Active

Ended mandates

MaLiBe

Director · since 04 août 2023 · until 25 mai 2029 · 0770.425.567

Represented by Johan Van Den Broeck

Ended
PVMA

Director · since 28 mai 2021 · until 27 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Ended
Michel DEMOT

Director · since 27 mai 2017 · until 26 mai 2023

Ended
Philip Demot

Director · since 27 mai 2017 · until 26 mai 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/03/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates13/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2018
    ONTSLAGEN - BENOEMINGEN
    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 2025-1 M €↓
  2. 2024
    Annual accounts 202448 k €↑
  3. 2023
    Annual accounts 2023-3,5 M €↓
  4. 2022
    Annual accounts 2022-2,6 M €↓
  5. 2021
    Annual accounts 2021-8,1 k €↑
  6. 2020
    Annual accounts 2020-8,3 k €↑
  7. 2019
    Annual accounts 2019-8,6 k €↑
  8. 2017
    Annual accounts 2017-101,4 k €↓
  9. 2016
    Annual accounts 201633,5 k €↓
  10. 2015
    Annual accounts 2015305,2 k €↑
  11. 2014
    Annual accounts 201433,6 k €↓
  12. 2013
    Annual accounts 201379,7 k €↑
  13. 2012
    Annual accounts 201210,9 k €↑
  14. 2011
    Annual accounts 2011-7,3 k €
  15. 27/10/2010
    IncorporationPublic limited company