ACTIVE

VMO

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Financial year 2025 · closed on 31/12/2025

Net result

21,8 k €

+42.8% YoY

Gross margin

42,2 k €

+43.4% YoY

Equity

146,3 k €

+10.7% YoY

What does VMO do?

VMO is a Private limited company incorporated in 2004. Its registered office is in Tervuren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.762.367

Incorporation

21/12/2004

Legal form

Private limited company

Registered office

Oppemstraat 24 A
3080 Tervuren · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	42,2 k €	+43.4%	29,5 k €	-70.1%	98,5 k €	+124%	44 k €	+85.4%	23,7 k €	-22.7%	30,7 k €	+220%	9,6 k €	-84.5%	61,9 k €	+13.7%	54,5 k €	+131%	23,5 k €	-80.0%	117,7 k €	+163%	44,8 k €	+5438%	-839 €	-103%	25,4 k €	+626%	3,5 k €	-91.1%	39,1 k €	+176%	-51,6 k €
EBITDA	41,5 k €	+44.3%	28,8 k €	-70.4%	97,3 k €	+124%	43,4 k €	+100%	21,7 k €	-0.6%	21,8 k €	+1112%	1,8 k €	-97.0%	60,8 k €	+15.0%	52,9 k €	+584%	7,7 k €	-93.4%	116,9 k €	+163%	44,4 k €	+5391%	-839 €	-103%	25,1 k €	+808%	2,8 k €	-78.1%	12,6 k €	+117%	-73,1 k €
Operating result	32,3 k €	+60.8%	20,1 k €	-78.3%	92,4 k €	+178%	33,3 k €	+124%	14,8 k €	-4.0%	15,5 k €	+406%	-5,1 k €	-109%	54,7 k €	+10.1%	49,7 k €	+987%	4,6 k €	-96.1%	116,2 k €	+163%	44,2 k €	+5368%	-839 €	-103%	24 k €	+1659%	1,4 k €	-67.6%	4,2 k €	+105%	-82,9 k €
Net result	21,8 k €	+42.8%	15,3 k €	-74.2%	59,3 k €	+177%	21,4 k €	+186%	7,5 k €	-2.5%	7,7 k €	+170%	-10,9 k €	-133%	32,8 k €	+16.2%	28,2 k €	+633%	-5,3 k €	-107%	73,9 k €	+69.1%	43,7 k €	+3256%	-1,4 k €	-106%	23,5 k €	+3905%	586 €	-55.8%	1,3 k €	+102%	-81,9 k €
Balance sheet
Equity	146,3 k €	+10.7%	132,1 k €	+13.1%	116,8 k €	-1.5%	118,6 k €	+22.1%	97,1 k €	+8.3%	89,7 k €	+9.4%	82 k €	-11.7%	92,9 k €	+54.7%	60,1 k €	+88.8%	31,8 k €	-65.4%	91,9 k €	+409%	18 k €	+170%	-25,6 k €	-5.7%	-24,2 k €	+49.2%	-47,7 k €	+1.2%	-48,3 k €	+2.7%	-49,6 k €
Total assets	195,4 k €	+14.2%	171,2 k €	-22.9%	221,9 k €	+37.1%	161,9 k €	+8.0%	150 k €	+0.8%	148,8 k €	-6.5%	159,1 k €	-2.0%	162,3 k €	+45.9%	111,2 k €	-6.2%	118,6 k €	-23.8%	155,5 k €	+155%	60,9 k €	+106%	29,5 k €	-19.7%	36,8 k €	+395%	7,4 k €	-56.5%	17,1 k €	-24.4%	22,6 k €
Cash	52,9 k €	+360%	11,5 k €	-84.5%	74 k €	+103%	36,5 k €	+85.3%	19,7 k €	+111%	9,3 k €	-63.8%	25,8 k €	-41.9%	44,3 k €	+166%	16,7 k €	+104%	8,2 k €	-91.8%	100,2 k €	+236%	29,8 k €	+8414%	349,8 €	-83.6%	2,1 k €	-43.9%	3,8 k €	-31.0%	5,5 k €	+1602%	323,9 €
Debts	49,1 k €	+26.7%	38,8 k €	-62.6%	103,5 k €	+143%	42,6 k €	-18.7%	52,4 k €	-11.5%	59,2 k €	-22.5%	76,3 k €	+9.9%	69,4 k €	+35.7%	51,2 k €	-39.3%	84,2 k €	+37.9%	61,1 k €	+42.7%	42,8 k €	-22.3%	55,1 k €	-9.6%	61 k €	+10.6%	55,1 k €	-15.7%	65,4 k €	-9.5%	72,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,4 ETP	-60.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Sigrid VANDEN WAEYENBERGH

Director

Active

Ended mandates

Sigrid Vanden Waeyenbergh

Manager · since 12 septembre 2014

Ended

Katrien Vanden Waeyenbergh

Manager

Ended

Katrien Vanden Waeyenberh

Manager

Ended

Luc Vanden Waeyenbergh

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	31/08/2026	28/08/2025	24/08/2024	28/08/2023	30/08/2022	27/08/2021
General meeting	31/08/2026	31/07/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/08/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	31/07/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	10/06/2024	24/08/2024	Dutch	PDF
Micro model	31/12/2022	12/06/2023	28/08/2023	Dutch	PDF
Micro model	31/12/2021	13/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	14/06/2021	27/08/2021	Dutch	PDF
Micro model	31/12/2019	08/06/2020	23/10/2020	Dutch	PDF
Micro model	31/12/2018	11/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	29/08/2013	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	20/08/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	20/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	19/08/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	16/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 7 ended

Active mandates

Sigrid VANDEN WAEYENBERGH

Director

Active

Ended mandates

Sigrid Vanden Waeyenbergh

Manager · since 12 septembre 2014

Ended

Katrien Vanden Waeyenbergh

Manager

Ended

Katrien Vanden Waeyenberh

Manager

Ended

Luc Vanden Waeyenbergh

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL
PDF
Other06/10/2014
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office16/05/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other15/09/2010
BENAMING
PDF
Mandates29/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other03/01/2005
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

2025
Annual accounts 202521,8 k €↑
2024
Annual accounts 202415,3 k €↓
2023
Annual accounts 202359,3 k €↑
2022
Annual accounts 202221,4 k €↑
2021
Annual accounts 20217,5 k €↓
2020
Annual accounts 20207,7 k €↑
2019
Annual accounts 2019-10,9 k €↓
2018
Annual accounts 201832,8 k €↑
2017
Annual accounts 201728,2 k €↑
2016
Annual accounts 2016-5,3 k €↓
2015
Annual accounts 201573,9 k €↑
2014
Annual accounts 201443,7 k €↑
2013
Annual accounts 2013-1,4 k €↓
2012
Annual accounts 201223,5 k €↑
2011
Annual accounts 2011586 €↓
2010
Annual accounts 20101,3 k €↑
2009
Annual accounts 2009-81,9 k €
21/12/2004
IncorporationPrivate limited company

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

VMO

Overview

What does VMO do?

Trend over 17 financial years

Indicative valuation

Board of directors

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