ACTIVE

AULTMORE

Financial year 2025 · closed on 31/12/2025
Net result
157,5 k €
+70.0% YoY
Gross margin
239,8 k €
+37.9% YoY
Equity
257,2 k €
+158.2% YoY

What does AULTMORE do?

AULTMORE is a Public limited company incorporated in 2007. Its registered office is in Wetteren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0888.480.111
Incorporation
03/04/2007
Legal form
Public limited company
Registered office
Vantegemstraat 21
9230 Wetteren · FlandreSee on map
Contributed capital
70 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin239,8 k €173,9 k €-11,6 k €-7,3 k €-8 k €-10,6 k €-5,6 k €35,3 k €37,1 k €43,1 k €45,9 k €36,8 k €35,7 k €19 k €18,5 k €15,7 k €60,7 k €149,2 k €
EBITDA197,7 k €127,6 k €-48,3 k €-48,6 k €-42,6 k €-44,8 k €-1,3 M €14,5 k €13,8 k €13 k €15,9 k €6,8 k €6,9 k €-8,9 k €-8,7 k €-10,8 k €60,1 k €148,3 k €
Operating result197,7 k €127,6 k €-48,3 k €-48,6 k €-42,6 k €-44,8 k €-1,3 M €14,5 k €13,8 k €13 k €15,9 k €6,8 k €6,9 k €-8,9 k €-8,7 k €-10,8 k €60,1 k €145,8 k €
Net result157,5 k €92,7 k €-71,3 k €-54,6 k €-31,2 k €-34,1 k €-1,3 M €18,2 k €-1,8 k €538,7 €4,9 k €4,8 k €-695,4 €4 k €2,4 k €223 €2,1 k €759,8 k €
Balance sheet
Equity257,2 k €99,6 k €6,9 k €78,2 k €132,9 k €164,1 k €-201,9 k €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €
Total assets912,7 k €918,4 k €995,9 k €1,3 M €1,7 M €1,9 M €2,2 M €4,7 M €4,8 M €4,9 M €5,1 M €5,5 M €5,4 M €5,6 M €5,7 M €5,8 M €6,1 M €5,3 M €
Cash96,6 k €99,5 k €104,2 k €111,2 k €143,1 k €132,3 k €173,1 k €1,7 k €3,9 k €351 €808,8 €622,6 €91,7 €597,5 €1,2 k €5,4 k €172,1 k €172,4 k €
Debts640,3 k €799,8 k €966,1 k €1,2 M €1,5 M €1,8 M €2,4 M €3,5 M €3,6 M €3,7 M €3,9 M €4,3 M €4,2 M €4,4 M €4,5 M €4,6 M €4,9 M €4,2 M €
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 · 2 active · 24 ended

Active mandates

Geert Vagenende

Director · since 09 juin 2025 · until 12 juin 2028

Active
Stef De corte

Managing director · since 15 mars 2022 · until 12 juin 2028

Active

Ended mandates

Geert Vagenende

Director · since 05 novembre 2019 · until 09 juin 2025

Ended
Geert VAGENENDE

Director · since 05 novembre 2019 · until 06 juin 2025

Ended
Smartphoto group

Director · since 05 novembre 2019 · until 15 mars 2022 · 0405.706.755

Represented by Stef DE CORTE

Ended
Smartphoto group

Director · since 05 novembre 2019 · until 06 juin 2025 · 0405.706.755

Represented by Stef DE CORTE

Ended
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 date01/07/202625/06/202525/06/202426/06/202318/10/202222/06/2021
General meeting08/06/202609/06/202510/06/202412/06/202313/06/202204/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202601/07/2026DutchPDF
Abridged model31/12/202409/06/202525/06/2025DutchPDF
Abridged model31/12/202310/06/202425/06/2024DutchPDF
Abridged model31/12/202212/06/202326/06/2023DutchPDF
Abridged modelCorrection31/12/202113/06/202218/10/2022DutchPDF
Abridged model31/12/202113/06/202201/07/2022DutchPDF
Abridged model31/12/202004/06/202122/06/2021DutchPDF
Abridged model31/12/201905/06/202022/06/2020DutchPDF
Abridged model31/05/201802/11/201821/12/2018DutchPDF
Abridged model30/09/201702/03/201830/03/2018DutchPDF
Abridged model31/12/201602/06/201728/07/2017DutchPDF
Abridged model31/12/201503/06/201622/06/2016DutchPDF
Abridged model31/12/201405/06/201508/07/2015DutchPDF
Abridged model31/12/201306/06/201425/07/2014DutchPDF
Abridged model31/12/201207/06/201315/07/2013DutchPDF
Abridged model31/12/201101/06/201216/07/2012DutchPDF
Abridged model31/12/201003/06/201126/07/2011DutchPDF
Abridged model31/12/200904/06/201014/06/2010DutchPDF
Abridged model31/12/200805/06/200907/07/2009DutchPDF
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 · 2 active · 24 ended

Active mandates

Geert Vagenende

Director · since 09 juin 2025 · until 12 juin 2028

Active
Stef De corte

Managing director · since 15 mars 2022 · until 12 juin 2028

Active

Ended mandates

Geert Vagenende

Director · since 05 novembre 2019 · until 09 juin 2025

Ended
Geert VAGENENDE

Director · since 05 novembre 2019 · until 06 juin 2025

Ended
Smartphoto group

Director · since 05 novembre 2019 · until 15 mars 2022 · 0405.706.755

Represented by Stef DE CORTE

Ended
Smartphoto group

Director · since 05 novembre 2019 · until 06 juin 2025 · 0405.706.755

Represented by Stef DE CORTE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/09/2026
    Benoeming commissaris
    PDF
  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates02/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/06/2019
    ALGEMENE VERGADERING - BOEKJAAR
    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 2025157,5 k €
  2. 2024
    Annual accounts 202492,7 k €
  3. 2023
    Annual accounts 2023-71,3 k €
  4. 2022
    Annual accounts 2022-54,6 k €
  5. 2021
    Annual accounts 2021-31,2 k €
  6. 2020
    Annual accounts 2020-34,1 k €
  7. 2019
    Annual accounts 2019-1,3 M €
  8. 2018
    Annual accounts 201818,2 k €
  9. 2017
    Annual accounts 2017-1,8 k €
  10. 2016
    Annual accounts 2016538,7 €
  11. 2015
    Annual accounts 20154,9 k €
  12. 2014
    Annual accounts 20144,8 k €
  13. 2013
    Annual accounts 2013-695,4 €
  14. 2012
    Annual accounts 20124 k €
  15. 2011
    Annual accounts 20112,4 k €
  16. 2010
    Annual accounts 2010223 €
  17. 2009
    Annual accounts 20092,1 k €
  18. 2008
    Annual accounts 2008759,8 k €
  19. 03/04/2007
    IncorporationPublic limited company