Financials
Financial year 2025
VMD Real Estate from Watermaal-Bosvoorde, company number BE0429629430, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year VMD Real Estate recorded a gross margin of € 2.2 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -294 to € 1.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 2.6 million
▲ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ still € 294 loss in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ € 1.4 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 450,000 paid out
31 % of the profit went to the shareholders, mostly to VMD INVEST (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 2.6 million
▼ 32% vs 2024
€ 143,580 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 8,339
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 179,065
▲ € 178,490 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 131,425 | € 234,742 | € 212,944 | € 2,164,139 | ▲ € 2 million |
| Profit after taxes | € -10,545 | € 64,092 | € -294 | € 1,467,856 | ▲ € 1.5 million |
| Equity | € 1,536,082 | € 1,550,175 | € 1,549,881 | € 2,567,737 | ▲ 66% |
| Total debts | € 2,747,538 | € 2,833,663 | € 4,718,857 | € 3,239,232 | ▼ 31% |
| Cash | € 139,129 | € 80,614 | € 15,334 | € 1,426,614 | ▲ € 1.4 million |
| Land & buildings | € 2,031,345 | € 2,011,426 | € 1,983,287 | € 1,907,532 | ▼ 4% |
| Retained profit | € 474,082 | € 488,175 | € 487,881 | € 1,505,737 | ▲ 209% |
| Dividend | € 0 | € 50,000 | € 0 | € 450,000 | |
| Bank debt | € 2,728,758 | € 2,748,493 | € 3,821,192 | € 2,585,919 | ▼ 32% |
| Balance sheet total | € 4,283,620 | € 4,383,837 | € 6,268,738 | € 6,145,551 | ▼ 2% |
Key figures of VMD Real Estate, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VMD Real Estate?
What happened at VMD Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frédéric de Beule stepped down as director. NBB
- Adrien Caeymaex stepped down as director. NBB
- Adrien Meert stepped down as director. NBB
- Louis Gheysens stepped down as director. NBB
- Olivia de Lovinfosse stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million. Source: NBB ↗
- Louis Gheysens became a director. NBB
- Olivia de Lovinfosse became a director. NBB
In short
From € 10,545 loss in 2022 to € 1.5 million profit in 2025.
Paid € 71,494 in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
Paid out € 500,000 in dividends to the owners in total.
Management
The stake of VMD INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VMD Real EstateBehind VMD Real Estate is VMD Invest SA. The shares are held by VMD INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Frédéric de Beule
Also active at: STAAL SERVICE VLAANDEREN, METAFRANC, VM STEEL, VAN MEERBEECK METALEN - VAN MEERBEECK METAUX, LINEABERTOMANI, METAL-GENT
since 2025 · until 2028
Adrien Caeymaex
Director
since 2025 · until 2028
since 2025 · until 2028
Louis Gheysens
Director
since 2025 · until 2028
Olivia de Lovinfosse
Director
since 2025 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gemeentelijke Godshuisstraat 6
1170 Watermaal-Bosvoorde
Van Orleystraat 1
1000 Brussel
Active since 1 January 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →VMD INVEST same network
TRANSTERMINAL LOGISTICS
€ -1,787 gross margin · 2025
SAVICS
€ 448,579 gross margin · 2025
DIGICALISM
€ 13,405 gross margin · 2025
D.Sight Consulting
€ 159,568 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.629.430
- VAT number
- BE 0429.629.430
- Registered office
- Gemeentelijke Godshuisstraat 6, 1170 Watermaal-Bosvoorde
- Names & denominations
- VMD Real Estate · VMD RE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1986
- Peppol
- Active · Active since 14 Mar 2026
- Activities · NACE
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