ACTIVE

V-FORMATION

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Financial year 2025 · closed on 31/12/2025
Net result
-71,8 k €
-170.0% YoY
Gross margin
250,1 k €
-36.6% YoY
Equity
66,5 k €
-51.9% YoY
Workforce
4,7 ETP

What does V-FORMATION do?

V-FORMATION is a Private limited company incorporated in 2006. Its main activity is: Rental and leasing of recreational and sports goods. Its registered office is in Nazareth-De Pinte. It employs on average 4,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0883.164.214
Incorporation
23/08/2006
Legal form
Private limited company
Registered office
Hauwenhauwstraat 1
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
4,7 ETP
Activities (NACE)
77210Rental and leasing of recreational and sports goods· main77210Rental and leasing of recreational and sports goods92623Gambling and betting activities71406Architectural and engineering activities; technical testing and analysis92621Gambling and betting activities92724Gambling and betting activities+4
Joint committees (2)
  • 2000
  • 20000
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201920182017201620152014201320122011201020092008
Income statement
Gross margin250,1 k €394,8 k €373,4 k €443,8 k €257,2 k €605,4 k €493,3 k €270,7 k €142 k €207,5 k €107,5 k €101,1 k €74,1 k €53,9 k €25,1 k €26,1 k €31 k €
EBITDA-16,6 k €157,8 k €93,2 k €195,8 k €147,1 k €144,8 k €154,6 k €113,3 k €111,7 k €201,8 k €104,3 k €98,7 k €72,4 k €52,4 k €23,8 k €24,9 k €29,8 k €
Operating result-62,8 k €109,6 k €40,7 k €152,9 k €125,9 k €34,8 k €26,9 k €-6,5 k €32,1 k €54,8 k €42,3 k €43,5 k €29,4 k €20,2 k €4,9 k €2,7 k €4,2 k €
Net result-71,8 k €102,5 k €35,8 k €147,5 k €121,6 k €18,6 k €13 k €49,4 k €25,2 k €14,6 k €21,8 k €25,5 k €18,3 k €13,4 k €535,1 €98,3 €861,1 €
Balance sheet
Equity66,5 k €138,3 k €35,8 k €31,5 k €-116 k €193,1 k €174,5 k €161,5 k €112,1 k €86,9 k €72,3 k €50,5 k €51,8 k €33,5 k €20,1 k €19,6 k €19,5 k €
Total assets645,4 k €544,1 k €311 k €274,4 k €299 k €896,5 k €795,4 k €579,7 k €377,8 k €423,7 k €315,3 k €229,2 k €165,6 k €121,8 k €61,5 k €51 k €65,9 k €
Cash61,4 k €1,8 k €51,1 k €89,3 k €157,1 k €22,6 k €69,6 k €15,6 k €22,2 k €41,3 k €16,4 k €12,5 k €12,6 k €11,3 k €12,7 k €1,5 k €5,6 k €
Debts578,9 k €405,8 k €274,7 k €242,3 k €414,1 k €702,9 k €620,9 k €418,2 k €265,7 k €336,8 k €243 k €171,7 k €113,8 k €88,2 k €40,3 k €31,2 k €46,5 k €
Other
Workforce4,7 ETP0,0 ETP4,8 ETP4,6 ETP3,1 ETP9,8 ETP8,0 ETP3,7 ETP0,6 ETP––––––––
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 31/12/2025 · 1 active · 21 ended

Active mandates

Professional Fun Providers

Director · 1021.724.358

Represented by Dieter De Vos

Active

Ended mandates

Eagle Eye

Director · since 22 décembre 2020 · 0649.460.233

Represented by Benedikt DE VREESE

Ended
Eagle Eye

Director · since 20 décembre 2020 · 0649.460.233

Represented by De VREESE BENEDIKT

Ended
Eagle Eye

Manager · since 24 mars 2016 · 0649.460.233

Represented by Benedikt De Vreese

Ended
PRO PLUS

Manager · since 24 mars 2016 · 0651.657.579

Represented by Rik De Lannoy

Ended
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Annual accounts

Full financial information

202520242023202220212021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2021
Length of the financial year12 months12 months12 months12 months6 months18 months
Filing date27/08/202627/06/202507/06/202427/07/202328/04/202217/11/2021
General meeting02/06/202603/06/202504/06/202427/06/202322/04/202206/10/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202627/08/2026DutchPDF
Abridged model31/12/202403/06/202527/06/2025DutchPDF
Abridged model31/12/202304/06/202407/06/2024DutchPDF
Abridged model31/12/202227/06/202327/07/2023DutchPDF
Abridged model31/12/202122/04/202228/04/2022DutchPDF
Abridged model30/06/202106/10/202117/11/2021DutchPDF
Abridged model31/12/201915/06/202005/10/2020DutchPDF
Abridged model31/12/201817/06/201930/09/2019DutchPDF
Abridged model31/12/201718/06/201831/07/2018DutchPDF
Abridged model31/12/201619/06/201716/08/2017DutchPDF
Abridged model31/12/201520/06/201610/08/2016DutchPDF
Abridged model30/06/201428/11/201414/01/2015DutchPDF
Abridged model30/06/201324/01/201407/02/2014DutchPDF
Abridged model30/06/201225/01/201314/02/2013DutchPDF
Abridged model30/06/201116/01/201215/02/2012DutchPDF
Abridged model30/06/201026/11/201011/01/2011DutchPDF
Abridged model30/06/200927/11/200902/02/2010DutchPDF
Abridged model30/06/200828/11/200821/12/2008DutchPDF
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 31/12/2025 · 1 active · 21 ended

Active mandates

Professional Fun Providers

Director · 1021.724.358

Represented by Dieter De Vos

Active

Ended mandates

Eagle Eye

Director · since 22 décembre 2020 · 0649.460.233

Represented by Benedikt DE VREESE

Ended
Eagle Eye

Director · since 20 décembre 2020 · 0649.460.233

Represented by De VREESE BENEDIKT

Ended
Eagle Eye

Manager · since 24 mars 2016 · 0649.460.233

Represented by Benedikt De Vreese

Ended
PRO PLUS

Manager · since 24 mars 2016 · 0651.657.579

Represented by Rik De Lannoy

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office26/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/12/2021
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office24/08/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates03/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/04/2019
    MAATSCHAPPELIJKE ZETEL
    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 2025-71,8 k €↓
  2. 2024
    Annual accounts 2024102,5 k €↑
  3. 2023
    Annual accounts 202335,8 k €↓
  4. 2022
    Annual accounts 2022147,5 k €↑
  5. 2021
    Annual accounts 2021121,6 k €↑
  6. 2019
    Annual accounts 201918,6 k €↑
  7. 2018
    Annual accounts 201813 k €↓
  8. 2017
    Annual accounts 201749,4 k €↑
  9. 2016
    Annual accounts 201625,2 k €↑
  10. 2015
    Annual accounts 201514,6 k €↓
  11. 2014
    Annual accounts 201421,8 k €↓
  12. 2013
    Annual accounts 201325,5 k €↑
  13. 2012
    Annual accounts 201218,3 k €↑
  14. 2011
    Annual accounts 201113,4 k €↑
  15. 2010
    Annual accounts 2010535,1 €↑
  16. 2009
    Annual accounts 200998,3 €↓
  17. 2008
    Annual accounts 2008861,1 €
  18. 23/08/2006
    IncorporationPrivate limited company