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VEM

Active Private limited companyfounded 2008active for 17 yearsBaronielaan 5, 8870 IzegemKBO/BCE: BE 0807.938.338 subsidiary of VEHO#4 company by total assets in Izegem, Administrative and support services sector
VEM
Financial year 2025
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Annual accounts 2025

micro format, filed on 23-04-2026, 7 days before the deadline
€338,510
▼ 2.9%
€33,152
▼ 23.4%
€12,263
▼ 43.1%
-€1.5m
▲ €275,501
28.2%
▲ 1.6 percentage points
0.62
▲ 0.04

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €680,000. Estimated: probably between €470,000 and €990,000.

In the rankings #4 company by total assets in Izegem, Administrative and support services sector#10 company by equity in Izegem, Administrative and support services sector

Balance sheet

balance sheet total €5.4m on 30-09-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

28.2%

Higher than 48% of 1,847 companies in 2025.

0.62

Higher than 32% of 1,759 companies in 2025.

0.2%

Higher than 37% of 1,776 companies in 2025.

VEM Middle half of the sector 80% of the sector Micro accounts in rental and leasing (NACE 77)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 5.4m5.7m5.6m5.9m4.6m5.5m5.5m508,400597,5101.3m810,9862.1m2.1m1.6m1.2m1.6m
21/28 3.0m3.3m3.6m3.9m4.1m4.5m4.6m11,80016,10020,40024,7007,5007,5007,5007,500-
22/27 2.9m3.2m3.5m3.8m4.1m4.4m4.6m4,3008,60012,90017,200-----
23 2.9m3.2m3.5m3.8m4.1m4.4m4.6m---------
24 -------4,3008,60012,90017,200-----
28 141,758141,758141,758141,75836,27936,2797,5007,5007,5007,5007,5007,5007,5007,5007,500-
29/58 2.4m2.4m2.0m1.9m493,3471.1m915,983496,600581,4101.3m786,2862.1m2.0m1.6m1.1m1.6m
40/41 2.4m2.3m2.0m1.6m399,7971.1m913,385356,989567,800557,067477,357425,368529,748291,287823,5621.6m
40 217,800303,25858,230226,875199,797164,439--487,650432,650343,401298,926346,133149,01475,3481.6m
41 2.2m2.0m1.9m1.4m200,000913,385913,385356,98980,150124,417133,956126,442183,616142,272748,214-
54/58 8,59812,9134,995279,53892,1531,4192,599139,61113,610706,664308,9291.7m1.5m1.3m324,623298
490/1 019,67915,9978,3971,397-----------
Balance sheet: equity and liabilities
10/49 5.4m5.7m5.6m5.9m4.6m5.5m5.5m508,400597,5101.3m810,9862.1m2.1m1.6m1.2m1.6m
10/15 1.5m1.5m1.5m1.5m352,813387,049457,891506,218505,450489,020450,256391,914441,296307,664454,064445,303
10/11 1.2m1.2m1.2m1.2m12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------6,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 ---01,8601,860----------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ---01,8601,860----------
133 1,8601,8601,8601,860------------
14 333,351321,088299,520315,198338,553372,789443,631491,958491,190474,760435,996377,654427,036293,404439,804431,043
17/49 3.9m4.2m4.1m4.4m4.3m5.1m5.0m2,18292,060795,111360,7291.7m1.6m1.3m701,6211.1m
42/48 3.9m4.2m4.1m4.3m4.3m5.1m5.0m2,18292,060795,111360,7291.7m1.6m1.3m701,6211.1m
44 44,838851,03018,8880450-6786,562786,079352,500534,114484,000218,816700,788700,598
440/4 44,838851,03018,8880450-6786,562786,079352,500534,114484,000218,816700,788700,598
45 22,51230,63718,04017,45515,64910,052430578181-----834320,396
450/3 22,51230,63718,04017,45515,64910,052430578181-----834320,396
47/48 3.8m4.1m4.1m4.3m4.3m5.1m5.0m1,5375,3179,0328,2291.2m1.1m1.1m-85,652
492/3 041,22442,13042,715------------
Income statement
9900 338,510348,615321,483316,528309,253132,821-1,868-2,99121,64685,05367,03142,539206,258-181,6939,753679,870
630 304,461304,461304,461304,461304,461152,0794,3004,3004,3004,3004,300----871
640/8 89686182176164174773372070742,2315,20314,172127218212182
9901 33,15243,29316,20111,3064,151-20,005-6,901-8,01116,64038,52357,52828,366206,132-181,9119,541678,818
75/76B 20,92519,67915,9978,3977,426--8,989-2468439651,05240,4062050
75 20,92519,67915,9978,3977,426--8,989-2468439651,05240,4062050
65/66B 41,66941,26342,16942,91645,67150,66941,258302942978,71373,5524,89480032
65 41,66941,26342,16942,91645,67150,66941,258302942978,71373,5524,89480032
9903 12,40821,709-9,971-23,213-34,095-70,674-48,15994816,61138,76458,342-49,382133,632-146,4008,761678,836
67/77 1451425,707142142168168181181------245,933
9904 12,26321,568-15,677-23,355-34,236-70,842-48,32776816,43038,76458,342-49,382133,632-146,4008,761432,903
9905 12,26321,568-15,677-23,355-34,236-70,842-48,32776816,43038,76458,342-49,382133,632-146,4008,761432,903
Appropriation of the result
9906 333,351321,088299,520315,198338,553372,789443,631491,958491,190474,760435,996377,654427,036293,404439,804432,903
14P 321,088299,520315,198338,553372,789-----------
691/2 ---------------1,860
6920 ---------------1,860
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 23-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 23-04-2026 2026-00100674 PDF
30-09-2024 micro format 04-04-2025 2025-00069150 PDF
30-09-2023 micro format 18-03-2024 2024-00047294 PDF
30-09-2022 micro format 23-04-2023 2023-00069415 PDF
30-09-2021 micro format 06-04-2022 2022-20001870 PDF
30-09-2020 micro format 30-04-2021 2021-13000435 PDF
30-09-2019 micro format 30-10-2020 2020-67400038 PDF
30-09-2018 micro format 05-04-2019 2019-09500172 PDF
30-09-2017 micro format 03-04-2018 2018-08900442 PDF
30-09-2016 abbreviated format 31-03-2017 2017-08700127 PDF
30-09-2015 abbreviated format 30-03-2016 2016-08900215 PDF
30-09-2014 abbreviated format 21-04-2015 2015-10100338 PDF
30-09-2013 abbreviated format 30-04-2014 2014-11300416 PDF
30-09-2012 abbreviated format 26-04-2013 2013-10500513 PDF
30-09-2011 abbreviated format 27-04-2012 2012-09800407 PDF
30-09-2010 abbreviated format 27-04-2011 2011-09200535 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
337,614347,755320,662315,767308,612132,074-2,601-3,71120,94042,82361,828----679,688
316,725326,029288,784281,107270,22581,237-44,0275,06820,73043,06462,642----433,774
000105,479028,7794.6m00021,500----871
-4,3157,918-274,543187,38690,734-1,180-137,012126,000-693,054397,735-1.4m183,796234,021961,092324,324-
-1.5m-1.8m-2.1m-2.4m-3.8m-4.1m-4.1m494,418489,350468,620425,556384,414433,796300,164446,564445,303
28.2%26.6%26.6%25.9%7.6%7.0%8.3%99.6%84.6%38.1%55.5%18.3%21.5%19.4%39.3%28.7%
0.620.570.490.450.120.210.18-6.321.592.181.221.271.241.641.40
2.552.752.762.8712.1513.2910.990.000.181.630.804.453.664.151.552.49
0.8%1.4%-1.0%-1.5%-9.7%-18.3%-10.6%0.2%3.3%7.9%13.0%-12.6%30.3%-47.6%1.9%97.2%
0.2%0.4%-0.3%-0.4%-0.7%-1.3%-0.9%0.2%2.7%3.0%7.2%-2.3%6.5%-9.2%0.8%27.9%
8.108.437.607.366.76-----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets----€0
€304,461€304,461€304,461€304,461€304,461

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VEM

The operating result for 2025 is 23% lower than in 2024.

Debt's share of the balance-sheet total falls from 73.4% to 71.8%. Equity is higher and debt is lower.

Large changes and their cause
  • 2022 Equity +330% on 2021. Capital increase of €1,181,400 (Official Gazette 09-03-2022).

Next steps

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