Active · per the CBE, 16 September 2026

VM STEEL

BE0477749942

Rechtspersoon Public limited company 2 establishments

VM STEEL is a wholesaler in Wavre. Public Limited, started on 17 June 2002, 2 establishments.

Avenue Pasteur 6, 1300 Wavre

Active for

24 year, 2 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    53 other companies have their registered office at the same address; threshold 10.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

VM STEEL from Wavre, company number BE0477749942, closed financial year 2025 with a result of € 371,468 after tax. For that financial year VM STEEL recorded revenue of € 26.3 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 388,441 to € 371,468. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.

What it is worth Growing

€ 2.8 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 371,468

▼ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 145,563

▼ 34% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 302,493 paid out

81 % of the profit went to the shareholders, mostly to VMD INVEST (95 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

5.4

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 545,508

▲ 15% vs 2024

€ 101,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 37,915

▼ 41% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 6.9 million

▲ € 5.4 million vs 2024

€ 18,629 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 827,741

▼ 75% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 12 days on average.

Taxes and wages

€ 123,617

▼ 13% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 13,099,268 € 13,205,096 € 22,410,561 € 26,265,325 ▲ 17%
Profit after taxes € 221,390 € 429,499 € 388,441 € 371,468 ▼ 4%
Equity € 2,026,913 € 2,715,374 € 2,702,060 € 2,750,000 ▲ 2%
Total debts € 4,203,820 € 3,725,048 € 5,425,720 € 8,445,519 ▲ 56%
Cash € 384,421 € 18,245 € 219,231 € 145,563 ▼ 34%
Retained profit € 746,913 € 935,374 € 922,060 € 970,000 ▲ 5%
Dividend € 22,139 € 176,913 € 365,374 € 302,493 ▼ 17%
Bank debt € 2,709,429 € 2,485,828 € 1,536,252 € 6,936,097 ▲ € 5.4 million
Balance sheet total € 6,230,733 € 6,440,422 € 8,127,780 € 11,195,519 ▲ 38%
Employees (FTE) 4.1 4.7 5 5.4 ▲ 0.4

Key figures of VM STEEL, 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 VM STEEL?

What happened at VM STEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Maxence Snoy stepped down as director. NBB
  • Jérôme Lefebvre stepped down as director. NBB
  • Nicolas Van den Abeele stepped down as director. NBB
  • Nathalie Schubert stepped down as director. NBB
  • André Hoste stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 371,468 (▼ 4% vs 2024). filed late Source: NBB ↗
  • Maxence Snoy became a director. NBB
  • Jérôme Lefebvre became a director. NBB

In short

From € 221,390 profit in 2022 to € 371,468 profit in 2025.

Paid € 494,573 in corporate taxes since 2022.

Best year ever: 2023, with € 429,499 profit.

Paid out € 866,918 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.

VM STEEL
VM STEEL MAROC 52%

The shares are held by VMD INVEST (95%). It owns 52% of VM STEEL MAROC itself.

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Directors

According to the 2025 annual accounts

Maxence Snoy

Director

Also active at: Jool Create, COGNITECH

since 2025 · until 2028

since 2025 · until 2028

Nicolas Van den Abeele

Director

Also active at: Conquest4Wind P5, ICO WINDPARK

since 2025 · until 2028

Nathalie Schubert

Director

since 2025 · until 2028

André Hoste

Director

since 2025 · until 2028

Shareholders

Participations

VM STEEL MAROC

52%

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Pasteur 6

1300 Wavre

2.325.873.918

Sint Lenaartseweg 44

2320 Hoogstraten

Active since 12 January 2021

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0477.749.942
VAT number
BE 0477.749.942
Registered office
Avenue Pasteur 6, 1300 Wavre
Names & denominations
VM STEEL
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
17 June 2002
Peppol
Not registered
Activities · NACE

Groothandel in metalen en metaalertsen

Frequently asked questions

What does VM STEEL do?
VM STEEL is a wholesaler in Wavre. Public Limited, started on 17 June 2002, 2 establishments.
What is the address of VM STEEL?
The registered office of VM STEEL is located at Avenue Pasteur 6, 1300 Wavre.
Is VM STEEL still active?
Yes. According to the CBE (16 September 2026) VM STEEL is active, legal situation “Normale toestand”, started on 17 June 2002.
Is VM STEEL registered on Peppol?
No, VM STEEL is currently not registered on the Peppol network.
What is the enterprise number of VM STEEL?
The enterprise number of VM STEEL is BE0477749942.
When was VM STEEL founded?
VM STEEL was founded on 17 June 2002.