ACTIVE

VEGA

Financial year 2025 · closed on 31/12/2025
Net result
21,2 k €
+276.5% YoY
Gross margin
1,5 M €
+1.1% YoY
Equity
-85 k €
+19.9% YoY
Workforce
21,1 ETP
-2.3% YoY

What does VEGA do?

VEGA is a Non-profit organization incorporated in 2012. Its main activity is: Residential care activities for mental retardation, mental health and substance abuse. Its registered office is in Etterbeek. It employs on average 21,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.557.375
Incorporation
12/10/2012
Legal form
Non-profit organization
Registered office
Avenue des Champs 129 box a
1040 Etterbeek · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
21,1 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin1,5 M €1,5 M €1,4 M €1,2 M €1,2 M €1,1 M €1,2 M €1,2 M €1,1 M €1,1 M €1,1 M €1 M €728,5 k €
EBITDA29,4 k €-4,6 k €-11,1 k €-13,1 k €19,5 k €-1,2 k €7 k €43 k €31,3 k €25,9 k €17,3 k €-5,9 k €-79,8 k €
Operating result21,9 k €-11,1 k €-16,5 k €-13,5 k €18,3 k €-2,2 k €6 k €42 k €29,4 k €23,9 k €14,1 k €-9,1 k €-83 k €
Net result21,2 k €-12 k €-17,2 k €-14,2 k €17,8 k €-2,9 k €1,6 k €1,8 k €-1,4 k €11,3 k €2,1 k €-10,2 k €-83,1 k €
Balance sheet
Equity-85 k €-106,1 k €-94,1 k €-77 k €-62,8 k €-80,6 k €-77,7 k €-79,4 k €-81,2 k €-79,9 k €-91,2 k €-93,2 k €-83,1 k €
Total assets129,4 k €152,5 k €210,1 k €133,9 k €117,2 k €186,6 k €237,9 k €332,6 k €220,6 k €104,3 k €182,5 k €154 k €298,1 k €
Cash72,1 k €107,9 k €140 k €21,2 k €59 k €132,2 k €177 k €69,4 k €20,1 k €6,4 k €66 k €63,7 k €258,2 k €
Debts213 k €256,6 k €302,5 k €209,7 k €179,3 k €244,4 k €315,6 k €411,6 k €300,8 k €183,3 k €272,6 k €238,6 k €381,1 k €
Other
Workforce21,1 ETP21,6 ETP21,2 ETP20,7 ETP20,7 ETP19,8 ETP20,3 ETP20,0 ETP18,9 ETP19,5 ETP19,0 ETP19,7 ETP15,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 25 ended

Active mandates

Baudouin LAMBRET

Vice-chairman of the board of directors · since 15 avril 2025 · until 15 avril 2029

Active
Catherine DOETSCH VAN-DOOSSELAERE

Chairman of the board of directors · since 15 avril 2025 · until 15 avril 2029

Active
Claude MEYER

Director · since 15 avril 2025 · until 15 avril 2029

Active
Moïra FRAGNIERE

Director · since 15 avril 2025 · until 15 avril 2029

Active
Olivier PIRET

Director · since 15 avril 2025 · until 15 avril 2029

Active
Pascale OLLEVIER

Director · since 15 avril 2025 · until 15 avril 2029

Active
Dominique BOUILLE

Director · since 26 avril 2021 · until 15 avril 2025

Active
inclusion

Director · since 26 avril 2021 · until 15 avril 2025 · 0441.427.501

Represented by Etienne OLEFFE

Active

Ended mandates

Moïra FRAGNIERE

Director · since 19 avril 2023 · until 19 avril 2027

Ended
Baudouin LAMBRET

Vice-chairman of the board of directors · since 26 avril 2021 · until 26 avril 2025

Ended
Catherine DOETSCH VAN-DOOSSELAERE

Chairman of the board of directors · since 26 avril 2021 · until 26 avril 2025

Ended
Claude MEYER

Director · since 26 avril 2021 · until 26 avril 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
0477.469.137
0824.479.610
Annual accounts

Full financial information

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 date21/05/202606/05/202503/05/202416/05/202329/04/202204/05/2021
General meeting13/04/202615/04/202522/04/202419/04/202311/04/202226/04/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202513/04/202621/05/2026FrenchPDF
Abridged model31/12/202415/04/202506/05/2025FrenchPDF
Abridged model31/12/202322/04/202403/05/2024FrenchPDF
Abridged model31/12/202219/04/202316/05/2023FrenchPDF
Abridged model31/12/202111/04/202229/04/2022FrenchPDF
Abridged model31/12/202026/04/202104/05/2021FrenchPDF
Abridged model31/12/201923/04/202011/06/2020FrenchPDF
Abridged model31/12/201811/04/201927/05/2019FrenchPDF
Abridged model31/12/201719/04/201831/05/2018FrenchPDF
Abridged model31/12/201624/04/201729/05/2017FrenchPDF
Abridged model31/12/201528/04/201626/05/2016FrenchPDF
Abridged model31/12/201412/05/201526/05/2015FrenchPDF
Abridged model31/12/201325/06/201418/07/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 25 ended

Active mandates

Baudouin LAMBRET

Vice-chairman of the board of directors · since 15 avril 2025 · until 15 avril 2029

Active
Catherine DOETSCH VAN-DOOSSELAERE

Chairman of the board of directors · since 15 avril 2025 · until 15 avril 2029

Active
Claude MEYER

Director · since 15 avril 2025 · until 15 avril 2029

Active
Moïra FRAGNIERE

Director · since 15 avril 2025 · until 15 avril 2029

Active
Olivier PIRET

Director · since 15 avril 2025 · until 15 avril 2029

Active
Pascale OLLEVIER

Director · since 15 avril 2025 · until 15 avril 2029

Active
Dominique BOUILLE

Director · since 26 avril 2021 · until 15 avril 2025

Active
inclusion

Director · since 26 avril 2021 · until 15 avril 2025 · 0441.427.501

Represented by Etienne OLEFFE

Active

Ended mandates

Moïra FRAGNIERE

Director · since 19 avril 2023 · until 19 avril 2027

Ended
Baudouin LAMBRET

Vice-chairman of the board of directors · since 26 avril 2021 · until 26 avril 2025

Ended
Catherine DOETSCH VAN-DOOSSELAERE

Chairman of the board of directors · since 26 avril 2021 · until 26 avril 2025

Ended
Claude MEYER

Director · since 26 avril 2021 · until 26 avril 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/05/2022
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 202521,2 k €
  2. 2024
    Annual accounts 2024-12 k €
  3. 2023
    Annual accounts 2023-17,2 k €
  4. 2022
    Annual accounts 2022-14,2 k €
  5. 2021
    Annual accounts 202117,8 k €
  6. 2020
    Annual accounts 2020-2,9 k €
  7. 2019
    Annual accounts 20191,6 k €
  8. 2018
    Annual accounts 20181,8 k €
  9. 2017
    Annual accounts 2017-1,4 k €
  10. 2016
    Annual accounts 201611,3 k €
  11. 2015
    Annual accounts 20152,1 k €
  12. 2014
    Annual accounts 2014-10,2 k €
  13. 2013
    Annual accounts 2013-83,1 k €
  14. 12/10/2012
    IncorporationNon-profit organization