ACTIVE

Versa Group

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

1,9 M €

+56.4% YoY

Revenue

38,5 M €

+19.3% YoY

Equity

8,8 M €

+27.0% YoY

Workforce

42,8 ETP

-19.2% YoY

What does Versa Group do?

Versa Group is a Private limited company incorporated in 2011. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Mechelen. It employs on average 42,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0833.375.993

Incorporation

02/02/2011

Legal form

Private limited company

Registered office

Zeutestraat 1
2800 Mechelen · FlandreSee on map

Contributed capital

275 000,00 €

Latest accounts

31/12/2025

Average workforce

42,8 ETP

Activities (NACE)

46736Wholesale of wood, construction materials and sanitary equipment· main 46836Wholesale trade, except of motor vehicles and motorcycles 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 46739Wholesale of wood, construction materials and sanitary equipment 46742Wholesale of hardware, plumbing and heating equipment and supplies+2

Joint committees (4)

100
14904
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	38,5 M €	+19.3%	32,2 M €	+140%	13,5 M €	+1.9%	13,2 M €	+23.3%	10,7 M €	+91.5%	5,6 M €	+72.6%	3,2 M €	+85.2%	1,7 M €	+51.0%	1,2 M €	+46.0%	793,2 k €	+38.5%	572,9 k €		–		–		–
EBITDA	3 M €	+21.3%	2,4 M €	+152%	971,5 k €	-45.1%	1,8 M €	+104%	869,2 k €	+86.1%	467 k €	+210%	150,6 k €	+63.8%	91,9 k €	+86.0%	49,4 k €	+14.5%	43,2 k €	+39.9%	30,9 k €	+135%	13,1 k €	-14.5%	15,4 k €	+20.0%	12,8 k €
Operating result	2,7 M €	+25.3%	2,2 M €	+155%	849,5 k €	-51.3%	1,7 M €	+106%	848,3 k €	+91.2%	443,7 k €	+292%	113,3 k €	+33.8%	84,6 k €	+96.6%	43 k €	+27.5%	33,8 k €	+67.1%	20,2 k €	+2003%	-1,1 k €	-113%	8 k €	-21.1%	10,2 k €
Net result	1,9 M €	+56.4%	1,2 M €	+124%	531,7 k €	-49.3%	1 M €	+116%	485,3 k €	+105%	236,7 k €	+296%	59,8 k €	+47.0%	40,7 k €	+139%	17 k €	+9.8%	15,5 k €	-0.8%	15,6 k €	+295%	-8 k €	-359%	3,1 k €	-50.8%	6,3 k €
Balance sheet
Equity	8,8 M €	+27.0%	6,9 M €	+168%	2,6 M €	+26.0%	2 M €	+105%	995,9 k €	+95.0%	510,6 k €	+86.4%	273,9 k €	+28.0%	214,1 k €	+220%	67 k €	+34.0%	50 k €	+44.9%	34,5 k €	+423%	6,6 k €	-54.8%	14,6 k €	+16.1%	12,6 k €
Total assets	24,6 M €	+14.5%	21,4 M €	+136%	9,1 M €	+58.2%	5,8 M €	+11.3%	5,2 M €	+88.1%	2,7 M €	+50.2%	1,8 M €	+100%	915 k €	+40.4%	651,9 k €	+28.7%	506,5 k €	+38.4%	366 k €	+64.6%	222,4 k €	-6.6%	238 k €	+112%	112,4 k €
Cash	840,7 k €	-1.9%	856,9 k €	+358%	186,9 k €	-32.3%	275,9 k €	-54.2%	601,9 k €	+239%	177,3 k €	-19.5%	220,4 k €	+58.2%	139,2 k €	+577%	20,6 k €	+1942%	1 k €	-95.2%	21 k €	+647%	2,8 k €	-66.8%	8,5 k €	+385%	1,8 k €
Debts	15,6 M €	+8.0%	14,5 M €	+122%	6,5 M €	+75.9%	3,7 M €	-10.7%	4,2 M €	+85.5%	2,2 M €	+43.9%	1,6 M €	+122%	700,9 k €	+19.8%	584,9 k €	+28.1%	456,5 k €	+37.7%	331,5 k €	+53.6%	215,8 k €	-3.4%	223,4 k €	+124%	99,9 k €
Other
Workforce	42,8 ETP	-19.2%	53,0 ETP	+102%	26,3 ETP	+4.8%	25,1 ETP	+40.2%	17,9 ETP	+108%	8,6 ETP	+100%	4,3 ETP	+105%	2,1 ETP		–		–		–		0,1 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

SeDoSa

Managing director · since 22 décembre 2023 · 1000.835.607

Represented by Seyhmus Baybasin

Active

Dogan Atagün

Director · since 19 mai 2017

Active

Salih Durmaz

Director · since 31 janvier 2011

Active

Ended mandates

DOGAN ATAGUN

Manager · since 19 mai 2017

Ended

SALIH DURMAZ

Manager · since 02 février 2011

Ended

Dogan Atagün

Director

Ended

Dogan Atagün

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BEL-Construct● Active	0733.762.141
Btw-eenheid Versa Group● Active	1025.599.311
DELLING● Active	0473.651.295
MOBA● Active	0789.904.355
ROVA● Active	0433.725.503
SeDoSa● Active	1000.835.607
Sesa Immo● Active	0757.686.794

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged 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	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	01/07/2025	29/11/2024	03/08/2023	09/01/2023	17/08/2021
General meeting	16/06/2026	30/06/2025	26/09/2024	25/05/2023	27/05/2022	27/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	16/06/2026	02/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	26/09/2024	29/11/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	03/08/2023	Dutch	PDF
Full model	31/12/2022	25/05/2023	18/07/2023	Dutch	PDF
Abridged modelCorrection	31/12/2021	27/05/2022	09/01/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	17/08/2021	Dutch	PDF
Abridged modelCorrection	31/12/2019	28/05/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	11/06/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	31/05/2019	04/09/2019	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	14/08/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	28/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	14/09/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	05/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	23/07/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025 · 3 active · 7 ended

Active mandates

SeDoSa

Managing director · since 22 décembre 2023 · 1000.835.607

Represented by Seyhmus Baybasin

Active

Dogan Atagün

Director · since 19 mai 2017

Active

Salih Durmaz

Director · since 31 janvier 2011

Active

Ended mandates

DOGAN ATAGUN

Manager · since 19 mai 2017

Ended

SALIH DURMAZ

Manager · since 02 février 2011

Ended

Dogan Atagün

Director

Ended

Dogan Atagün

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring30/01/2024
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring30/01/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring14/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Registered office04/10/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/06/2017
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/03/2017
MAATSCHAPPELIJKE ZETEL
PDF
Other26/06/2015
BENAMING
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 20251,9 M €↑
2024
Annual accounts 20241,2 M €↑
2024
Name changeVersa Group
2022
Annual accounts 2022531,7 k €↓
2021
Annual accounts 20211 M €↑
2020
Annual accounts 2020485,3 k €↑
2019
Annual accounts 2019236,7 k €↑
2018
Annual accounts 201859,8 k €↑
2017
Annual accounts 201740,7 k €↑
2016
Annual accounts 201617 k €↑
2015
Annual accounts 201515,5 k €↓
2014
Annual accounts 201415,6 k €↑
2014
Name changeCreavit Belgium
2013
Annual accounts 2013-8 k €↓
2012
Annual accounts 20123,1 k €↓
2011
Annual accounts 20116,3 k €
02/02/2011
IncorporationPrivate limited company
2011
Name changeB&S INTERNATIONAL

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

Versa Group

Overview

What does Versa Group do?

Trend over 14 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