ACTIVE

VESTIMO-CONSTRUCT

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Financial year 2025 · closed on 30/09/2025

Net result

12 k €

+278.7% YoY

Gross margin

20,2 k €

+55.5% YoY

Equity

108,9 k €

+12.3% YoY

What does VESTIMO-CONSTRUCT do?

VESTIMO-CONSTRUCT is a Public limited company incorporated in 2005. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0871.187.088

Incorporation

13/01/2005

Legal form

Public limited company

Registered office

Galglaan 7 box 201
9000 Gent · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 41102Development of building projects 68100Buying and selling of own real estate 68110Buying and selling of own real estate+9

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	20,2 k €	+55.5%	13 k €	-18.7%	15,9 k €	-55.7%	36 k €	+559%	5,5 k €	-58.0%	13 k €	+6.1%	12,3 k €	-35.6%	19,1 k €	+188%	6,6 k €	+16.9%	5,7 k €	-69.0%	18,3 k €	+46.6%	12,5 k €	-60.2%	31,3 k €	+135%	13,3 k €	+191%	4,6 k €	+117%	-26,2 k €	-107%	374,2 k €	+2120%	-18,5 k €	+57.1%	-43,2 k €	-3.4%	-41,8 k €
EBITDA	18,9 k €	+69.9%	11,1 k €	-24.3%	14,7 k €	-57.7%	34,8 k €	+631%	4,8 k €	-58.5%	11,5 k €	+18.1%	9,7 k €	-40.8%	16,4 k €	+216%	5,2 k €	+30.8%	4 k €	-76.2%	16,6 k €	+53.7%	10,8 k €	-62.9%	29,2 k €	+180%	10,4 k €	+3080%	327,6 €	+101%	-28,2 k €	-108%	372 k €	+1741%	-22,7 k €	+50.3%	-45,6 k €	+3.4%	-47,2 k €
Operating result	17,6 k €	+144%	7,2 k €	-25.3%	9,7 k €	-68.1%	30,3 k €	+1360%	2,1 k €	+221%	-1,7 k €	+48.2%	-3,3 k €	-197%	3,4 k €	+158%	-5,8 k €	+19.3%	-7,2 k €	-173%	9,9 k €	+141%	4,1 k €	-81.4%	22,2 k €	+366%	-8,3 k €	+54.8%	-18,4 k €	+57.3%	-43,1 k €	-112%	351,3 k €	+915%	-43,1 k €	+26.1%	-58,3 k €	+14.7%	-68,4 k €
Net result	12 k €	+279%	3,2 k €	-42.5%	5,5 k €	-73.1%	20,4 k €	+2450%	-868,4 €	+64.7%	-2,5 k €	+45.1%	-4,5 k €	-329%	2 k €	+131%	-6,4 k €	-280%	-1,7 k €	-117%	9,9 k €	+145%	4 k €	-82.1%	22,6 k €	+364%	-8,6 k €	+61.9%	-22,4 k €	+55.0%	-49,9 k €	-116%	312,9 k €	+498%	-78,7 k €	+7.8%	-85,3 k €	-0.7%	-84,8 k €
Balance sheet
Equity	108,9 k €	+12.3%	97 k €	+3.4%	93,8 k €	+6.2%	88,3 k €	+30.1%	67,9 k €	-1.3%	68,8 k €	-3.5%	71,2 k €	-5.9%	75,7 k €	+2.7%	73,7 k €	-8.0%	80,1 k €	-2.1%	81,8 k €	+13.8%	71,9 k €	+6.0%	67,9 k €	+50.0%	45,3 k €	-15.9%	53,8 k €	-29.4%	76,3 k €	-39.5%	126,1 k €	+168%	-186,8 k €	-72.8%	-108,1 k €	-375%	-22,8 k €
Total assets	136,4 k €	+7.7%	126,7 k €	+1.4%	125 k €	-1.7%	127,2 k €	+28.1%	99,3 k €	-8.5%	108,5 k €	+8.6%	99,9 k €	-3.8%	103,8 k €	-70.8%	355,9 k €	+174%	129,9 k €	+41.4%	91,9 k €	+14.4%	80,3 k €	+3.2%	77,9 k €	-8.9%	85,4 k €	+8.9%	78,4 k €	-24.9%	104,4 k €	-36.6%	164,7 k €	-89.0%	1,5 M €	+71.3%	876,7 k €	+112%	414 k €
Cash	9,4 k €	-48.2%	18,2 k €	+654%	2,4 k €	-63.4%	6,6 k €	-43.9%	11,8 k €	+81.9%	6,5 k €	-85.1%	43,3 k €	+33.2%	32,5 k €	+261%	9 k €	-30.9%	13 k €	-66.0%	38,3 k €	+184%	13,5 k €	+300%	3,4 k €	-75.4%	13,7 k €	+154%	5,4 k €	+1.7%	5,3 k €	+188%	1,8 k €	-98.4%	114,8 k €	+134%	49,1 k €	-66.9%	148,5 k €
Debts	26,8 k €	-8.3%	29,2 k €	-6.3%	31,2 k €	-19.8%	38,9 k €	+23.8%	31,4 k €	-21.0%	39,8 k €	+38.5%	28,7 k €	+2.0%	28,1 k €	-90.0%	282,2 k €	+467%	49,7 k €	+395%	10 k €	+19.6%	8,4 k €	-15.9%	10 k €	-75.1%	40,2 k €	+63.2%	24,6 k €	-12.5%	28,1 k €	-21.1%	35,7 k €	-97.9%	1,7 M €	+75.2%	963,7 k €	+124%	430,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 24 ended

Active mandates

Frederic Vaeremans

Director · since 03 janvier 2023 · until 17 mars 2029

Active

Jean Vaeremans

Managing director · since 03 janvier 2023 · until 17 mars 2029

Active

Philippe Vaeremans

Director · since 03 janvier 2023 · until 17 mars 2029

Active

Rosette Van den Haesevelde

Managing director · since 03 janvier 2023 · until 17 mars 2029

Active

ROVACO II

Director · since 03 janvier 2023 · until 17 mars 2029 · 0446.093.991

Represented by Jean Vaeremans

Active

Ended mandates

Frederic Vaeremans

Director · since 15 août 2018 · until 17 mars 2023

Ended

Philippe Vaeremans

Director · since 15 août 2018 · until 17 mars 2023

Ended

Rosette Van den Haesevelde

Managing director · since 15 août 2018 · until 17 mars 2023

Ended

Jean Vaeremans

Managing director · since 17 mars 2017 · until 17 mars 2023

Ended

At this address

Other companies at this address

Company	CBE no.
ROVACO II● Active	0446.093.991

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/02/2026	24/01/2025	31/01/2024	03/02/2023	11/03/2022	30/03/2021
General meeting	11/02/2026	03/01/2025	03/01/2024	03/01/2023	10/03/2022	26/03/2021
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	30/09/2025	11/02/2026	27/02/2026	Dutch	PDF
Micro model	30/09/2024	03/01/2025	24/01/2025	Dutch	PDF
Micro model	30/09/2023	03/01/2024	31/01/2024	Dutch	PDF
Micro model	30/09/2022	03/01/2023	03/02/2023	Dutch	PDF
Micro model	30/09/2021	10/03/2022	11/03/2022	Dutch	PDF
Micro model	30/09/2020	26/03/2021	30/03/2021	Dutch	PDF
Micro model	30/09/2019	27/03/2020	27/03/2020	Dutch	PDF
Micro model	30/09/2018	29/03/2019	29/04/2019	Dutch	PDF
Micro model	30/09/2017	30/03/2018	27/04/2018	Dutch	PDF
Abridged model	30/09/2016	17/03/2017	29/03/2017	Dutch	PDF
Abridged model	30/09/2015	18/03/2016	11/04/2016	Dutch	PDF
Abridged model	30/09/2014	13/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/03/2014	23/04/2014	Dutch	PDF
Abridged model	30/09/2012	11/03/2013	05/04/2013	Dutch	PDF
Abridged model	30/09/2011	26/03/2012	06/04/2012	Dutch	PDF
Abridged model	30/09/2010	25/03/2011	28/03/2011	Dutch	PDF
Abridged model	30/09/2009	26/03/2010	29/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/03/2009	30/03/2009	Dutch	PDF
Abridged model	30/09/2007	28/03/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	27/04/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 24 ended

Active mandates

Frederic Vaeremans

Director · since 03 janvier 2023 · until 17 mars 2029

Active

Jean Vaeremans

Managing director · since 03 janvier 2023 · until 17 mars 2029

Active

Philippe Vaeremans

Director · since 03 janvier 2023 · until 17 mars 2029

Active

Rosette Van den Haesevelde

Managing director · since 03 janvier 2023 · until 17 mars 2029

Active

ROVACO II

Director · since 03 janvier 2023 · until 17 mars 2029 · 0446.093.991

Represented by Jean Vaeremans

Active

Ended mandates

Frederic Vaeremans

Director · since 15 août 2018 · until 17 mars 2023

Ended

Philippe Vaeremans

Director · since 15 août 2018 · until 17 mars 2023

Ended

Rosette Van den Haesevelde

Managing director · since 15 août 2018 · until 17 mars 2023

Ended

Jean Vaeremans

Managing director · since 17 mars 2017 · until 17 mars 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other30/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Mandates27/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other24/01/2005
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 202512 k €↑
2024
Annual accounts 20243,2 k €↓
2023
Annual accounts 20235,5 k €↓
2022
Annual accounts 202220,4 k €↑
2021
Annual accounts 2021-868,4 €↑
2020
Annual accounts 2020-2,5 k €↑
2019
Annual accounts 2019-4,5 k €↓
2018
Annual accounts 20182 k €↑
2017
Annual accounts 2017-6,4 k €↓
2016
Annual accounts 2016-1,7 k €↓
2015
Annual accounts 20159,9 k €↑
2014
Annual accounts 20144 k €↓
2013
Annual accounts 201322,6 k €↑
2012
Annual accounts 2012-8,6 k €↑
2011
Annual accounts 2011-22,4 k €↑
2010
Annual accounts 2010-49,9 k €↓
2009
Annual accounts 2009312,9 k €↑
2008
Annual accounts 2008-78,7 k €↑
2007
Annual accounts 2007-85,3 k €↓
2006
Annual accounts 2006-84,8 k €
13/01/2005
IncorporationPublic 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

VESTIMO-CONSTRUCT

Overview

What does VESTIMO-CONSTRUCT do?

Trend over 20 financial years

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