ACTIVE

VESBO

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Financial year 2025 · closed on 31/03/2025

Net result

23 k €

-54.3% YoY

Gross margin

75 k €

-29.9% YoY

Equity

478,9 k €

+5.0% YoY

What does VESBO do?

VESBO is a Private company with limited liability incorporated in 2005. Its registered office is in Ham.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0871.684.758

Incorporation

04/02/2005

Legal form

Private company with limited liability

Registered office

Zandstraat 6 box 99
3945 Ham · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/03/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	75 k €	-29.9%	107 k €	-35.0%	164,7 k €	-47.1%	311,5 k €	+34.5%	231,6 k €	+829%	24,9 k €	+406%	4,9 k €	-6.0%	5,2 k €	-92.5%	69,8 k €	+321%	16,6 k €	+27.3%	13 k €	-68.0%	40,8 k €	+45.7%	28 k €	-65.4%	80,9 k €	+18.4%	68,4 k €	+92.8%	35,4 k €	+221%	11 k €	-43.0%	19,4 k €	+55.2%	12,5 k €
EBITDA	74,1 k €	-30.1%	106,1 k €	-35.2%	163,6 k €	-47.4%	311,4 k €	+34.5%	231,5 k €	+832%	24,8 k €	+1417%	1,6 k €	-68.2%	5,2 k €	-92.2%	66,1 k €	+314%	16 k €	+29.4%	12,3 k €	-69.2%	40,1 k €	+122%	18,1 k €	-10.3%	20,1 k €	+16.6%	17,3 k €	+8.0%	16 k €	+46.2%	10,9 k €	-42.6%	19,1 k €	+60.5%	11,9 k €
Operating result	74,1 k €	-30.1%	106,1 k €	-35.2%	163,6 k €	-47.4%	311,4 k €	+34.5%	231,5 k €	+832%	24,8 k €	+1417%	1,6 k €	-68.2%	5,2 k €	-92.2%	65,8 k €	+483%	11,3 k €	+47.3%	7,7 k €	-80.6%	39,6 k €	+167%	14,8 k €	+12.2%	13,2 k €	+29.6%	10,2 k €	-6.7%	10,9 k €	+17.5%	9,3 k €	-45.3%	17 k €	+66.7%	10,2 k €
Net result	23 k €	-54.3%	50,3 k €	-54.5%	110,4 k €	-52.1%	230,7 k €	+44.5%	159,7 k €	+1486%	10,1 k €	+287%	-5,4 k €	-252%	3,5 k €	-91.7%	42,8 k €	+404%	8,5 k €	+37.2%	6,2 k €	-76.5%	26,3 k €	+132%	11,4 k €	+12.6%	10,1 k €	+27.6%	7,9 k €	-7.7%	8,6 k €	+23.3%	7 k €	-45.9%	12,9 k €	+59.1%	8,1 k €
Balance sheet
Equity	478,9 k €	+5.0%	455,9 k €	+12.4%	405,6 k €	+37.4%	295,2 k €	-11.3%	332,9 k €	+92.2%	173,2 k €	+6.2%	163,2 k €	-3.2%	168,6 k €	+2.1%	165 k €	+35.0%	122,2 k €	+7.5%	113,8 k €	+5.7%	107,6 k €	+32.4%	81,2 k €	+16.3%	69,9 k €	+16.9%	59,8 k €	+15.3%	51,9 k €	+19.8%	43,3 k €	+19.1%	36,3 k €	+54.7%	23,5 k €
Total assets	877,3 k €	-36.3%	1,4 M €	-11.8%	1,6 M €	+88.8%	827,4 k €	-7.5%	894,4 k €	-6.4%	956 k €	+79.0%	534 k €	+7.5%	497 k €	+65.1%	300,9 k €	+43.4%	209,8 k €	+50.5%	139,4 k €	-5.1%	147 k €	+39.6%	105,3 k €	+19.5%	88,1 k €	-9.8%	97,7 k €	+24.6%	78,4 k €	+2.3%	76,7 k €	+13.3%	67,7 k €	+46.6%	46,2 k €
Cash	48 k €	-59.2%	117,7 k €	+745%	13,9 k €	-70.9%	47,8 k €	+458%	8,6 k €	-48.2%	16,6 k €	+21.8%	13,6 k €	+149%	5,5 k €	-97.7%	240,6 k €	+1846%	12,4 k €	-79.0%	58,9 k €	+39.9%	42,1 k €	-2.2%	43,1 k €	+14.0%	37,8 k €	+57.2%	24 k €	+1113%	2 k €	-91.8%	24 k €	+862%	2,5 k €	-90.0%	24,9 k €
Debts	398,5 k €	-56.8%	921,8 k €	-20.3%	1,2 M €	+117%	532,2 k €	-5.2%	561,5 k €	-28.3%	782,8 k €	+111%	370,9 k €	+12.9%	328,4 k €	+142%	135,9 k €	+55.2%	87,6 k €	+241%	25,7 k €	-34.8%	39,4 k €	+64.1%	24 k €	+31.7%	18,2 k €	-51.9%	37,9 k €	+42.7%	26,6 k €	-20.4%	33,4 k €	+6.4%	31,3 k €	+38.3%	22,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-83.3%	1,8 ETP	+5.9%	1,7 ETP	+143%	0,7 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 31/03/2025 · 2 active · 6 ended

Active mandates

KMN

Director · since 15 mars 2022 · 0667.746.713

Represented by Rudy Tysmans Apers

Active

STEFAN VENNEKENS

Director · since 28 janvier 2005

Active

Ended mandates

KMN

Director · since 15 mars 2022 · 0667.746.713

Represented by RUDY TYSMANS-APERS

Ended

PATRYK BRZOZOWSKI

Mandate · since 16 septembre 2013

Ended

STEFAN VENNEKENS

Manager · since 28 janvier 2005

Ended

STEFAN VENNEKENS

Manager · since 01 janvier 2005

Ended

At this address

Other companies at this address

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ALGEMENE DAKWERKEN SCHRIJVERS● Active	0842.680.966
K18● Active	1024.430.757
KMN● Active	0667.746.713
KMO Park De Blauwe Brug● Active	1020.542.542
Rock & Road● Active	1036.087.088
R.T.A. CONSTRUCT● Active	0821.315.133
R.T.A. Invest● Active	1021.521.252
Steru● Active	0729.532.248

Annual accounts

Full financial information

	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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/10/2025	31/10/2024	10/01/2024	29/09/2022	28/09/2021	28/09/2020
General meeting	18/09/2025	30/09/2024	31/10/2023	15/09/2022	16/09/2021	17/09/2020
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
Abridged model	31/03/2025	18/09/2025	10/10/2025	Dutch	PDF
Abridged model	31/03/2024	30/09/2024	31/10/2024	Dutch	PDF
Abridged modelCorrection	31/03/2023	31/10/2023	10/01/2024	Dutch	PDF
Abridged model	31/03/2023	31/10/2023	05/12/2023	Dutch	PDF
Abridged model	31/03/2022	15/09/2022	29/09/2022	Dutch	PDF
Abridged model	31/03/2021	16/09/2021	28/09/2021	Dutch	PDF
Abridged model	31/03/2020	17/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/03/2019	19/09/2019	01/10/2019	Dutch	PDF
Abridged model	31/03/2018	20/09/2018	24/09/2018	Dutch	PDF
Abridged model	31/03/2017	21/09/2017	25/09/2017	Dutch	PDF
Abridged model	31/03/2016	15/09/2016	27/09/2016	Dutch	PDF
Abridged model	31/03/2015	17/09/2015	22/09/2015	Dutch	PDF
Abridged model	31/03/2014	18/09/2014	10/10/2014	Dutch	PDF
Abridged model	31/03/2013	19/09/2013	01/10/2013	Dutch	PDF
Abridged model	31/03/2012	20/09/2012	26/10/2012	Dutch	PDF
Abridged model	31/03/2011	15/09/2011	10/10/2011	Dutch	PDF
Abridged model	31/03/2010	16/09/2010	22/09/2010	Dutch	PDF
Abridged model	31/03/2009	17/09/2009	22/09/2009	Dutch	PDF
Abridged model	31/03/2008	18/09/2008	31/10/2008	Dutch	PDF
Abridged model	31/03/2007	20/09/2007	27/09/2007	Dutch	PDF

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 31/03/2025 · 2 active · 6 ended

Active mandates

KMN

Director · since 15 mars 2022 · 0667.746.713

Represented by Rudy Tysmans Apers

Active

STEFAN VENNEKENS

Director · since 28 janvier 2005

Active

Ended mandates

KMN

Director · since 15 mars 2022 · 0667.746.713

Represented by RUDY TYSMANS-APERS

Ended

PATRYK BRZOZOWSKI

Mandate · since 16 septembre 2013

Ended

STEFAN VENNEKENS

Manager · since 28 janvier 2005

Ended

STEFAN VENNEKENS

Manager · since 01 janvier 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/08/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/02/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2012
ONTSLAGEN - BENOEMINGEN
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 202523 k €↓
2024
Annual accounts 202450,3 k €↓
2023
Annual accounts 2023110,4 k €↓
2022
Annual accounts 2022230,7 k €↑
2021
Annual accounts 2021159,7 k €↑
2020
Annual accounts 202010,1 k €↑
2019
Annual accounts 2019-5,4 k €↓
2018
Annual accounts 20183,5 k €↓
2017
Annual accounts 201742,8 k €↑
2016
Annual accounts 20168,5 k €↑
2015
Annual accounts 20156,2 k €↓
2014
Annual accounts 201426,3 k €↑
2013
Annual accounts 201311,4 k €↑
2012
Annual accounts 201210,1 k €↑
2011
Annual accounts 20117,9 k €↓
2010
Annual accounts 20108,6 k €↑
2009
Annual accounts 20097 k €↓
2008
Annual accounts 200812,9 k €↑
2007
Annual accounts 20078,1 k €
04/02/2005
IncorporationPrivate company with limited liability

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

VESBO

Overview

What does VESBO do?

Trend over 19 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