ACTIVE

VABRUMEL DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025

Net result

-14,7 k €

-33.8% YoY

Equity

4,7 M €

-0.3% YoY

What does VABRUMEL DEVELOPMENT do?

VABRUMEL DEVELOPMENT is a Private limited company incorporated in 2008. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.611.265

Incorporation

17/06/2008

Legal form

Private limited company

Registered office

Boulevard Louis Schmidt 87
1040 Etterbeek · BruxellesSee on map

Contributed capital

13 348 600,00 €

Latest accounts

31/12/2025

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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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
EBITDA	-51,1 k €	+3.0%	-52,7 k €	-7.1%	-49,2 k €	-6.5%	-46,2 k €	-2.5%	-45 k €	+19.7%	-56,1 k €	-47.5%	-38 k €	+49.3%	-75 k €	+52.9%	-159,2 k €	+42.4%	-276,3 k €	-131%	-119,6 k €	+62.4%	-317,9 k €	-87.5%	-169,6 k €	-6.5%	-159,2 k €	-38.1%	-115,2 k €	-80.0%	-64 k €	+11.7%	-72,5 k €
Operating result	-51,1 k €	+3.0%	-52,7 k €	-7.1%	-49,2 k €	-6.5%	-46,2 k €	-2.5%	-45 k €	+19.7%	-56,1 k €	-47.5%	-38 k €	+49.3%	-75 k €	+52.9%	-159,2 k €	+42.4%	-276,3 k €	-131%	-119,6 k €	+62.4%	-317,9 k €	-87.5%	-169,6 k €	-6.5%	-159,2 k €	-38.1%	-115,2 k €	-80.0%	-64 k €	+11.7%	-72,5 k €
Net result	-14,7 k €	-33.8%	-11 k €	-537%	-1,7 k €	+91.1%	-19,4 k €	+19.3%	-24 k €	-528%	-3,8 k €	-117%	22,6 k €	+157%	-39,6 k €	-106%	708 k €	+120%	-3,5 M €	-3798%	94,1 k €	+102%	-5 M €	-7968%	63,2 k €	-85.7%	441,8 k €	+580%	-92,1 k €	-181%	113,8 k €	+108%	-1,4 M €
Balance sheet
Equity	4,7 M €	-0.3%	4,7 M €	-0.2%	4,7 M €	-0.0%	4,7 M €	-0.4%	4,7 M €	-0.5%	4,8 M €	-0.1%	4,8 M €	+0.5%	4,7 M €	-0.8%	4,8 M €	+17.4%	4,1 M €	-46.0%	7,6 M €	+1.3%	7,5 M €	-40.0%	12,4 M €	-4.1%	13 M €	+3.5%	12,5 M €	-0.7%	12,6 M €	+0.9%	12,5 M €
Total assets	4,9 M €	+1.4%	4,8 M €	+0.8%	4,8 M €	+0.1%	4,8 M €	-0.2%	4,8 M €	-0.1%	4,8 M €	-0.3%	4,8 M €	+0.7%	4,8 M €	-1.0%	4,8 M €	+16.3%	4,1 M €	-45.4%	7,6 M €	-0.2%	7,6 M €	-41.9%	13 M €	+0.4%	13 M €	+3.6%	12,5 M €	-0.7%	12,6 M €	+0.9%	12,5 M €
Cash	2,5 M €	-3.4%	2,5 M €	-1.7%	2,6 M €	-1.8%	2,6 M €	-1.7%	2,7 M €	-1.4%	2,7 M €	-2.9%	2,8 M €	-0.9%	2,8 M €	-2.6%	2,9 M €	+69.7%	1,7 M €	+202%	564,8 k €	-84.7%	3,7 M €	+52.1%	2,4 M €	+17.2%	2,1 M €	-55.5%	4,6 M €	-29.6%	6,6 M €	+445%	1,2 M €
Debts	13,9 k €	-44.2%	25 k €	+7.5%	23,2 k €	+75.6%	13,2 k €	-8.4%	14,5 k €	+33.0%	10,9 k €	-40.5%	18,3 k €	+80.2%	10,1 k €	-45.3%	18,5 k €	-64.2%	51,8 k €	+811%	5,7 k €	-95.0%	113,8 k €	-81.3%	609,2 k €	+2778%	21,2 k €	+142%	8,8 k €		–		3,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Tatyana Andreeva

Director · since 14 juin 2019

Active

Daniel MARTINEAU

Director · since 08 avril 2016

Active

Ended mandates

Tatyana Andreeva

Manager · since 14 juin 2019

Ended

Jessica LANZILLOTTA

Director · since 05 juillet 2017

Ended

Jessica LANZILLOTTA

Manager · since 05 juillet 2017 · until 14 juin 2019

Ended

Jessica LANZILLOTTA

Manager · since 05 juillet 2017

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	11/06/2026	27/06/2025	30/07/2024	09/06/2023	30/05/2022	31/08/2021
General meeting	03/06/2026	04/06/2025	27/02/2024	07/06/2023	13/05/2022	31/08/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	03/06/2026	11/06/2026	French	PDF
Full model	31/12/2024	04/06/2025	27/06/2025	French	PDF
Full model	31/12/2023	27/02/2024	30/07/2024	French	PDF
Full model	31/12/2022	07/06/2023	09/06/2023	French	PDF
Full model	31/12/2021	13/05/2022	30/05/2022	French	PDF
Full model	31/12/2020	31/08/2021	31/08/2021	French	PDF
Full model	31/12/2019	11/06/2020	31/08/2020	French	PDF
Full model	31/12/2018	13/06/2019	04/07/2019	French	PDF
Full model	31/12/2017	19/10/2018	23/10/2018	French	PDF
Full model	31/12/2016	17/11/2017	04/12/2017	French	PDF
Full model	31/12/2015	26/09/2016	29/09/2016	French	PDF
Full model	31/12/2014	30/06/2015	10/07/2015	French	PDF
Full model	31/12/2013	30/06/2014	22/07/2014	French	PDF
Full model	31/12/2012	21/06/2013	24/06/2013	French	PDF
Full model	31/12/2011	30/07/2012	31/07/2012	French	PDF
Full model	31/12/2010	01/06/2011	30/06/2011	French	PDF
Full model	31/12/2009	02/06/2010	17/06/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 · 21 ended

Active mandates

Tatyana Andreeva

Director · since 14 juin 2019

Active

Daniel MARTINEAU

Director · since 08 avril 2016

Active

Ended mandates

Tatyana Andreeva

Manager · since 14 juin 2019

Ended

Jessica LANZILLOTTA

Director · since 05 juillet 2017

Ended

Jessica LANZILLOTTA

Manager · since 05 juillet 2017 · until 14 juin 2019

Ended

Jessica LANZILLOTTA

Manager · since 05 juillet 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office05/07/2019
SIEGE SOCIAL
PDF
Mandates23/11/2018
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates24/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates28/04/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates07/08/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates08/12/2014
DEMISSIONS, NOMINATIONS
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 2025-14,7 k €↓
2024
Annual accounts 2024-11 k €↓
2023
Annual accounts 2023-1,7 k €↑
2022
Annual accounts 2022-19,4 k €↑
2021
Annual accounts 2021-24 k €↓
2020
Annual accounts 2020-3,8 k €↓
2019
Annual accounts 201922,6 k €↑
2018
Annual accounts 2018-39,6 k €↓
2017
Annual accounts 2017708 k €↑
2016
Annual accounts 2016-3,5 M €↓
2015
Annual accounts 201594,1 k €↑
2014
Annual accounts 2014-5 M €↓
2013
Annual accounts 201363,2 k €↓
2012
Annual accounts 2012441,8 k €↑
2011
Annual accounts 2011-92,1 k €↓
2010
Annual accounts 2010113,8 k €↑
2009
Annual accounts 2009-1,4 M €
17/06/2008
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

VABRUMEL DEVELOPMENT

Overview

What does VABRUMEL DEVELOPMENT do?

Trend over 17 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