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Cash

£34M

+186% vs 2023

Net assets

£679M

+4.2% vs 2023

Employees

115

+11.7% vs 2023

Profit before tax

£91M

+5.3% vs 2023

Name history

Renamed 2 times since incorporation

  1. VICTAULIC EUROPE BV 2022-05-03 → present
  2. VICTAULIC EUROPE 2012-03-01 → 2022-05-03
  3. EURO-VICTAULIC 2005-09-26 → 2012-03-01

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £190,217,308£211,483,112
Operating profit £25,703,356£33,093,647
Profit before tax £85,987,240£90,553,674
Net profit £79,254,990£81,796,616
Cash £11,981,717£34,269,521
Total assets less current liabilities £653,362,291£681,214,142
Net assets £652,033,916£679,218,881
Equity £652,033,916£679,218,881
Average employees 103115
Wages £21,478,899£26,016,402

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 13.5%15.6%
Net margin 41.7%38.7%
Return on capital employed 3.9%4.9%
Gearing (liabilities / total assets) 3.8%4.0%
Current ratio 2.97x4.02x
Interest cover 5.56x11.33x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
BELGIUM GAAP
Reporting scope
Standalone (parent only)
Auditor
PwC Bedrijfsrevisoren BV - PwC Reviseurs d'Entreprises SRL
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“For the defined contribution type pension plan, Management has no indications that there would be a significant underfunding would exist at December 31, 2024.”

Group structure

  1. VICTAULIC EUROPE BV · parent
    1. Victaulic Company of Canada 100% · Canada
    2. Victaulic Espana, S.L 100% · Spain
    3. Victaulic Hong Kong Limited 100% · Hong Kong
    4. Victaulic Malaysia Sdn. Bhd 100% · Malaysia
    5. Zhejiang Victaulic- Tuwei Piping Equipment Co, Ltd. 70% · China
    6. Vic Piping Products Dalian Ltd 100% · China
    7. Vic Polska Sp.Z.o.o. 100% · Poland
    8. Victaulic Korea LLC 100% · Korea
    9. Victaulic Do Brasil Participaco es Ltds 99.99% · Brazil
    10. Dalian Bingshan Metal Technology Co, Ltd. 51% · China
    11. Victaulic de Mexico, S. de R.L. de C.V. 99.99% · Mexico
    12. Victaulic Australia PTY, Ltd. 100% · Australia
    13. Victaulic Piping Products India Private Limited 99.99% · India
    14. DC Piping SA 40% · Portugal

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 4 resigned

Name Role Appointed Born Nationality
BUCHER, Richard Director 2021-01-31 Sep 1967 American
SAVAGE, Joseph Director 2009-01-20 May 1962 American
THOMPSON, Robert Director 2024-03-29 Oct 1983 Canadian
VAN DE VOORD, Mark Director 2021-01-31 Oct 1963 American
VERGAERT, Paul Director 2024-03-29 Feb 1978 Belgian
Show 4 resigned officers
Name Role Appointed Resigned
FISHER, Patricia Secretary 2005-09-26 2011-01-01
BAREFOOT, Douglas Wayne Director 2005-09-26 2009-01-01
GILBERT, Mark Director 2010-05-27 2024-03-28
MALLOY, John Director 2005-09-26 2021-01-31

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 69 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-05-03 OSNM01 Change of name overseas by resolution with date
Date Type Category Description
2025-07-25 AA accounts Accounts with accounts type full
2025-04-04 OSCH02 other Change company details overseas company with change details
2024-10-28 AA accounts Accounts with accounts type full
2024-07-02 OSTM01 officers Termination person director overseas company with name termination date
2024-07-01 OSAP01 officers Appoint person director overseas company with name appointment date
2024-07-01 OSAP01 officers Appoint person director overseas company with name appointment date
2023-07-20 AA accounts Accounts with accounts type full
2022-09-28 AA accounts Accounts with accounts type full
2022-09-12 OSCH02 other Change company details overseas company
2022-09-12 OSCH02 other Change company details overseas company with change details
2022-09-12 OSCH02 other Change company details overseas company
2022-09-12 OSCH02 other Change company details overseas company
2022-09-12 OSCH02 other Change company details overseas company
2022-05-03 OSNM01 change-of-name Change of name overseas by resolution with date
2022-05-03 OSAP05 officers Appoint person authorised represent overseas company with appointment date
2022-05-03 OSTM03 officers Termination person authorised overseas company
2022-05-03 OSCH01 other Change company details by uk establishment overseas company with change details
2022-01-12 OSTM01 officers Termination person director overseas company with name termination date
2021-06-30 AA accounts Accounts with accounts type full
2021-06-07 OSAP01 officers Appoint person director overseas company with name appointment date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page