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Vermeiren Engineering

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Financial year 2025 · closed on 31/12/2025
Net result
102,5 k €
-18.5% YoY
Gross margin
131,3 k €
-27.4% YoY
Equity
623,1 k €
+19.3% YoY

What does Vermeiren Engineering do?

Vermeiren Engineering is a Private limited company incorporated in 2011. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Rijkevorsel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.417.547
Incorporation
30/03/2011
Legal form
Private limited company
Registered office
Kerkakker 15
2310 Rijkevorsel · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
25210Manufacture of central heating radiators and boilers· main25300Manufacture of steam generators, except central heating hot water boilers28120Manufacture of fluid power equipment28120Manufacture of fluid power equipment28410Manufacture of metal forming machinery28410Manufacture of metal forming machinery+6
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212018
Income statement
Gross margin131,3 k €180,9 k €146 k €121 k €122,9 k €69,6 k €
EBITDA130,6 k €180,3 k €145,3 k €119,6 k €119 k €68,6 k €
Operating result114,7 k €171,5 k €129,6 k €104,1 k €103,3 k €64,9 k €
Net result102,5 k €125,8 k €110,5 k €55,2 k €74,1 k €46 k €
Balance sheet
Equity623,1 k €522,2 k €398 k €332,7 k €279,1 k €130,8 k €
Total assets663,1 k €560,3 k €463,8 k €350 k €313 k €145,9 k €
Cash38,4 k €38,9 k €52 k €118,3 k €204,5 k €121,1 k €
Debts39,7 k €37,5 k €65,7 k €17,3 k €33,8 k €14,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Paul Vermeiren

Director · since 30 mars 2011

Active

Ended mandates

Hilde Van Riel

Director · since 30 mars 2011 · until 25 avril 2022

Ended
Hilde Van Riel

Director · since 30 mars 2011

Ended
Hilde Van Riel

Manager · since 30 mars 2011

Ended
Paul Vermeiren

Manager · since 30 mars 2011

Ended
Annual accounts

Full financial information

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 date24/03/202608/04/202513/06/202426/05/202316/05/202222/03/2021
General meeting18/03/202619/03/202520/03/202415/03/202316/03/202217/03/2021
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
Micro model31/12/202518/03/202624/03/2026DutchPDF
Micro model31/12/202419/03/202508/04/2025DutchPDF
Micro model31/12/202320/03/202413/06/2024DutchPDF
Micro model31/12/202215/03/202326/05/2023DutchPDF
Micro model31/12/202116/03/202216/05/2022DutchPDF
Micro model31/12/202017/03/202122/03/2021DutchPDF
Micro model31/12/201918/03/202030/03/2020DutchPDF
Micro model31/12/201820/03/201914/05/2019DutchPDF
Micro model31/12/201721/03/201827/04/2018DutchPDF
Micro model31/12/201615/03/201706/06/2017DutchPDF
Abridged model31/12/201516/03/201625/04/2016DutchPDF
Abridged model31/12/201418/03/201505/06/2015DutchPDF
Abridged model31/12/201319/03/201415/04/2014DutchPDF
Abridged model31/12/201220/03/201322/05/2013DutchPDF
Abridged model31/12/201121/03/201210/05/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 4 ended

Active mandates

Paul Vermeiren

Director · since 30 mars 2011

Active

Ended mandates

Hilde Van Riel

Director · since 30 mars 2011 · until 25 avril 2022

Ended
Hilde Van Riel

Director · since 30 mars 2011

Ended
Hilde Van Riel

Manager · since 30 mars 2011

Ended
Paul Vermeiren

Manager · since 30 mars 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/10/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/04/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025102,5 k €↓
  2. 2024
    Annual accounts 2024125,8 k €↑
  3. 2023
    Annual accounts 2023110,5 k €↑
  4. 2022
    Annual accounts 202255,2 k €↓
  5. 2021
    Annual accounts 202174,1 k €↑
  6. 2018
    Annual accounts 201846 k €
  7. 30/03/2011
    IncorporationPrivate limited company