ACTIVE

VIMINALIS III

Financial year 2025 · Closed on 31/12/2025

Net result-282,6 k €+37,0 %over 1 year

Revenue2 M €+89,2 %over 1 year

Equity11,2 M €-2,5 %over 1 year

Identity

Source · BCE/KBO

VIMINALIS III is a Private limited company incorporated in 2011. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Liège.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0841.657.320
Incorporation: 08/12/2011
Legal form: Private limited company
Registered office: Voie Gisèle Halimi 10
4000 Liège · WallonieSee on map
Contributed capital: 1 035 286,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Joint committees (1)

14901

Signals

Good liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2 M €	+89.2%	1,1 M €		–		–		–
EBITDA	2,1 M €	+98.8%	1,1 M €	+12451%	-8,5 k €	+61.0%	-21,8 k €	-153%	-8,6 k €
Operating result	805,9 k €	+90.6%	422,9 k €	+5070%	-8,5 k €	+61.0%	-21,8 k €	-153%	-8,6 k €
Net result	-282,6 k €	+37.0%	-448,5 k €	-517%	107,5 k €	+403%	-35,5 k €	-29.0%	-27,5 k €
Balance sheet
Equity	11,2 M €	-2.5%	11,5 M €	+807%	1,3 M €	+2190%	55,2 k €	+109%	-628,6 k €
Total assets	39,4 M €	-3.1%	40,6 M €	+71.2%	23,7 M €	+738%	2,8 M €	+288616%	981 €
Cash	619,9 k €	-24.0%	815,7 k €	+935%	78,8 k €	-87.7%	641 k €	+65237%	981 €
Debts	28,2 M €	-3.4%	29,2 M €	+31.0%	22,3 M €	+703%	2,8 M €	+498%	463,5 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 31/12/2022

2 active · 2 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michael Gheysens	Directorsince 03/09/2012
Paul Gheysens	Directorsince 07/12/2011Chairman of the board of directors03/09/2012 → 2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
OPUS TERRAE0879.054.283Represented by Paul Gheysens	Managing director26/06/2018 → 2021 accounts
Simon Gheysens	Director26/06/2018 → 2018 accounts

Other companies at this address

Voie Gisèle Halimi 10 4000 Liège

Company	CBE no.
Amicale du Personnel d'(Ethias S.A. Vriendenkring van het Personeel van Ethias N.V.● Active	1007.271.457
ANKARET INVEST● Active	0438.840.866
ARIANE REAL ESTATE● Active	0898.866.435
ETHIAS● Active	0404.484.654
EthiasCo● Active	0402.370.054
Ethias Group● Active	1012.346.240
ETHIAS PATRIMOINE● Active	0894.377.612
Ethias Pension Fund● Active	0644.695.949
Ethias Solution● Active	0825.876.113
Ethias Sustainable Investment Fund● Active	0865.127.063
ETHIAS VENTURES● Active	0793.497.216
IMMO HOFVELD● Active	0889.535.233
JAN DOCKX● Active	0458.920.757
KOALA● Active	0873.412.150
LOTHIAN DEVELOPMENTS IV● Active	0463.648.518
REAL GOED INVEST● Active	0872.354.157
SAGITTA● Active	0812.356.489
UP 38● Active	0833.845.751
VERAN REAL ESTATE CY● Active	0894.106.012

Full financial information

Source · NBB

	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	01/01/2025	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	26/03/2026	27/03/2025	24/06/2024	07/06/2023	07/07/2022	12/07/2021
General meeting	24/03/2026	25/03/2025	31/05/2024	12/05/2023	24/06/2022	24/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/03/2026	26/03/2026	French	PDF
Abridged model	31/12/2024	25/03/2025	27/03/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	12/05/2023	07/06/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	24/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	05/07/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	20/07/2016	Dutch	PDF
Full model	31/12/2014	25/06/2015	14/07/2015	Dutch	PDF
Full model	31/12/2013	26/06/2014	15/07/2014	Dutch	PDF
Full model	31/12/2012	27/06/2013	16/07/2013	Dutch	PDF

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 31/12/2022

2 active · 2 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michael Gheysens	Directorsince 03/09/2012
Paul Gheysens	Directorsince 07/12/2011Chairman of the board of directors03/09/2012 → 2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
OPUS TERRAE0879.054.283Represented by Paul Gheysens	Managing director26/06/2018 → 2021 accounts
Simon Gheysens	Director26/06/2018 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other10/07/2026
—
PDF
Registered office08/04/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/11/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates06/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Restructuring06/06/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/04/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/01/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates20/09/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
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

Filings14 filings

Mandates

Michael Gheysens

Paul Gheysens

OPUS TERRAE

Simon Gheysens

2011201220132014201520162017201820192020202120222023202420252026

VIMINALIS IIIFOREST PARC

Zwaanhofweg 10, 8900 Ieper

Director

DirectorChairman of the board of directors

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Voie Gisèle Halimi 10, 4000 LiègeCurrent		CBE
Zwaanhofweg 10, 8900 Ieper	accounts 2021 → 2022	Accounts 2022 · 2023-00116890

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VIMINALIS IIICurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00064559
FOREST PARC	accounts 2012 → 2021	Accounts 2021 · 2022-20170146

Events

2025
Annual accounts 2025-282,6 k €↑
2024
Annual accounts 2024-448,5 k €↓
2023
Annual accounts 2023107,5 k €↑
2022
Annual accounts 2022-35,5 k €↓
2022
Name changeVIMINALIS III
2021
Annual accounts 2021-27,5 k €↓
2020
Annual accounts 2020-24,7 k €↑
2019
Annual accounts 2019-42 k €↑
2018
Annual accounts 2018-577,3 k €↓
2017
Annual accounts 2017-9,8 k €↑
2016
Annual accounts 2016-11,1 k €↑
2015
Annual accounts 2015-12,3 k €↑
2014
Annual accounts 2014-12,4 k €↑
2013
Annual accounts 2013-17,5 k €↑
2012
Annual accounts 2012-134,7 k €
08/12/2011
IncorporationPrivate limited company

VIMINALIS III

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events