ACTIVE

V&V Sanitair en Verwarming

Financial year 2025 · Closed on 31/12/2025

Net result36,9 k €-0,1 %over 1 year
Gross margin330,6 k €-2,8 %over 1 year
Equity320,8 k €+1,1 %over 1 year
Workforce2,5 ETP-3,8 %over 1 year

Identity

Source · BCE/KBO

V&V Sanitair en Verwarming is a Private limited company incorporated in 2012. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Kuurne. It employs on average 2,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0845.810.405
Incorporation
09/05/2012
Legal form
Private limited company
Registered office
Brugsesteenweg 93 box 4
8520 Kuurne · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
2,5 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin330,6 k €340 k €376,2 k €342,9 k €390,4 k €
EBITDA92,9 k €98,5 k €133,4 k €130 k €86,9 k €
Operating result53,2 k €59,6 k €86,1 k €108,1 k €52,8 k €
Net result36,9 k €37 k €58,6 k €74,4 k €36,1 k €
Balance sheet
Equity320,8 k €317,5 k €280,5 k €251,8 k €196,8 k €
Total assets484,5 k €549 k €565,5 k €554,1 k €476,7 k €
Cash213,4 k €201,9 k €111,9 k €115,1 k €67,7 k €
Debts163,6 k €231,3 k €285 k €302,1 k €279,8 k €
Other
Workforce2,5 ETP2,6 ETP2,6 ETP2,6 ETP4,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Jeroen Vandenbussche

Director

Active
Olivier Veys

Director

Active

Ended mandates

Jeroen Vandenbussche

Manager

Ended
Olivier Veys

Manager

Ended

Other companies at this address

Brugsesteenweg 93 8520 Kuurne
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0848.505.421
GROUP XERAM● Active
1039.671.140
Rise Management● Active
0692.556.046
XERAM● Active
0665.759.302
XERAM INVEST● Active
1035.609.612

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date17/03/202613/06/202521/06/202428/06/202330/08/202222/07/2021
General meeting02/03/202616/05/202510/06/202424/06/202329/08/202212/07/2021
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
Abridged model31/12/202502/03/202617/03/2026DutchPDF
Abridged model31/12/202416/05/202513/06/2025DutchPDF
Abridged model31/12/202310/06/202421/06/2024DutchPDF
Abridged model31/12/202224/06/202328/06/2023DutchPDF
Abridged model31/12/202129/08/202230/08/2022DutchPDF
Abridged model31/12/202012/07/202122/07/2021DutchPDF
Abridged model31/12/201913/07/202020/07/2020DutchPDF
Abridged model31/12/201817/05/201914/06/2019DutchPDF
Abridged model31/12/201718/05/201818/05/2018DutchPDF
Abridged model31/12/201619/05/201731/05/2017DutchPDF
Abridged model31/12/201510/06/201615/06/2016DutchPDF
Abridged model31/12/201415/05/201518/05/2015DutchPDF
Abridged model31/12/201316/05/201424/07/2014DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Jeroen Vandenbussche

Director

Active
Olivier Veys

Director

Active

Ended mandates

Jeroen Vandenbussche

Manager

Ended
Olivier Veys

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office05/05/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/05/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202536,9 k €↓
  2. 2024
    Annual accounts 202437 k €↓
  3. 2023
    Annual accounts 202358,6 k €↓
  4. 2022
    Annual accounts 202274,4 k €↑
  5. 2021
    Annual accounts 202136,1 k €↓
  6. 2020
    Annual accounts 202044,2 k €↑
  7. 2019
    Annual accounts 201933,2 k €↑
  8. 2018
    Annual accounts 2018418,8 €↓
  9. 2017
    Annual accounts 20175 k €↓
  10. 2016
    Annual accounts 201634,3 k €↓
  11. 2015
    Annual accounts 201563 k €↑
  12. 2014
    Annual accounts 20143,8 k €↓
  13. 2013
    Annual accounts 201321,1 k €
  14. 09/05/2012
    IncorporationPrivate limited company