ACTIVE

VERTICAL DIVER

Financial year 2025 · Closed on 31/12/2025

Net result-24,6 k €-154,1 %over 1 year
Gross margin-22,3 k €-714,3 %over 1 year
Equity5,9 k €-80,7 %over 1 year

Identity

Source · BCE/KBO

VERTICAL DIVER is a Private limited company incorporated in 2010. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Modave.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.520.919
Incorporation
30/11/2010
Legal form
Private limited company
Registered office
Rue Rausa 20
4577 Modave · WallonieSee on map
Contributed capital
22 000,00 €
Latest accounts
31/12/2025

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin-22,3 k €3,6 k €4,8 k €45,7 k €24,3 k €
EBITDA-23,1 k €3,2 k €4,4 k €45 k €23,4 k €
Operating result-34,5 k €-8,7 k €-2,1 k €39,9 k €19,8 k €
Net result-24,6 k €-9,7 k €-4,4 k €27,6 k €12 k €
Balance sheet
Equity5,9 k €30,5 k €40,1 k €44,5 k €16,9 k €
Total assets891,4 k €83,9 k €60,7 k €59,9 k €29,7 k €
Cash6,1 k €8,2 k €15,2 k €8,3 k €5,1 k €
Debts885,6 k €53,4 k €20,6 k €15,4 k €12,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Antonio FERRIN
Mandate
Nickolas FELS-LURQUIN
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frédéric PEIRE
Manager30/11/2010 → 2013 accounts
Frédéroc PEIRE
Manager2020 accounts
Maurice PAVIER
Mandate2023 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date28/08/202616/06/202530/08/202423/08/202311/08/202230/06/2021
General meeting29/07/202620/05/202531/07/202424/07/202312/07/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/07/202628/08/2026FrenchPDF
Micro model31/12/202420/05/202516/06/2025FrenchPDF
Micro model31/12/202331/07/202430/08/2024FrenchPDF
Micro model31/12/202224/07/202323/08/2023FrenchPDF
Micro model31/12/202112/07/202211/08/2022FrenchPDF
Micro model31/12/202031/05/202130/06/2021FrenchPDF
Micro model31/12/201913/07/202010/08/2020FrenchPDF
Micro model31/12/201830/07/201930/08/2019FrenchPDF
Micro model31/12/201728/07/201827/08/2018FrenchPDF
Abridged model31/12/201531/07/201630/08/2016FrenchPDF
Abridged model31/12/201415/05/201531/08/2015FrenchPDF
Abridged model30/06/201315/02/201426/02/2014FrenchPDF
Abridged model30/06/201210/12/201226/02/2013FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Antonio FERRIN
Mandate
Nickolas FELS-LURQUIN
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frédéric PEIRE
Manager30/11/2010 → 2013 accounts
Frédéroc PEIRE
Manager2020 accounts
Maurice PAVIER
Mandate2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/11/2024
    DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office21/08/2020
    SIEGE SOCIAL, MODIFICATION FORME JURIDIQUE,
    PDF
  • Registered office18/04/2017
    SIEGE SOCIAL
    PDF
  • Other25/09/2015
    Prolongation de l'exercice social.
    PDF
  • Registered office17/06/2015
    SIEGE SOCIAL
    PDF
  • Registered office16/11/2011
    Changement de siège Social
    PDF
  • Other03/12/2010
    Constitution
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
Antonio FERRIN
Nickolas FELS-LURQUIN
Frédéric PEIRE
Maurice PAVIER
Frédéroc PEIRE
20102011201220132014201520162017201820192020202120222023202420252026
VERTICAL DIVERNFL & RAILS-WAYWORKING INSIDE
Rue Rausa 20, 4577 ModaveCheneux 21, 4987 Stoumont
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Rausa 20, 4577 ModaveCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00441425
Cheneux 21, 4987 Stoumont
accounts 2021 → 2023
Accounts 2023 · 2024-00422435

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VERTICAL DIVERCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00441425
NFL & RAILS-WAY
accounts 2020 → 2023
Accounts 2023 · 2024-00422435
WORKING INSIDE
accounts 2012 → 2019
Accounts 2019 · 2020-39900255

Events

  1. 2025
    Annual accounts 2025-24,6 k €↓
  2. 2024
    Annual accounts 2024-9,7 k €↓
  3. 2024
    Name changeVERTICAL DIVER
  4. 2023
    Annual accounts 2023-4,4 k €↓
  5. 2022
    Annual accounts 202227,6 k €↑
  6. 2021
    Annual accounts 202112 k €↑
  7. 2020
    Annual accounts 20204,8 k €↓
  8. 2020
    Name changeNFL & RAILS-WAY
  9. 2019
    Annual accounts 20198,3 k €↑
  10. 2018
    Annual accounts 2018-108 €↑
  11. 2017
    Annual accounts 2017-961 €↑
  12. 2015
    Annual accounts 2015-12,4 k €↓
  13. 2014
    Annual accounts 2014305 €↑
  14. 2013
    Annual accounts 2013-8,5 k €↓
  15. 2012
    Annual accounts 20123 k €
  16. 30/11/2010
    IncorporationPrivate limited company