Outlook 2025

2024 was another challenging year due to the economic and market conditions, as well as the ongoing transformation of our organisation. 2025 will be the last year of Vebego’s Designing our Future restructuring programme. Over the past few years, we have optimised our organisational structure, reduced the number of business lines, introduced measurable and actionable KPIs and improved their consistency. We have also created a common Vebego brand and established it in the markets in which we operate.

Our core areas of expertise have always been challenging, with thin margins being the well-known characteristic of the industry. The lack of barriers to entry, the high degree of fragmentation and the nature of labour-intensive services we provide require a constant focus on operational excellence, attention to customer needs, the ability to adjust to changing requirements efficiently, and committed and motivated employees.

Nevertheless, we are confident that a significant improvement in the net result is achievable for our portfolio of businesses in the near future. With most of the major changes in the organisational structure largely behind us, we still need to achieve significant operational synergies from economies of scale. With that in mind, in 2025, we will undertake a substantial reorganisation of several of our strategic core companies. This is necessary to ensure a healthier and stronger financial position, as well as to remain competitive and maintain continuity. Our competition is getting tougher, regulatory pressure is increasing, and our customers are becoming more demanding.

At the same time, we recognise the importance of continuing to invest in our future through the development of several strategic projects: Zorgservice, Capacityd and FlexiClean.

On the other hand, Vebego is working hard to improve the quality and professionalism of the organisation, leveraging the collective's power and fostering a healthy financial climate to support future growth. We achieve this by investing in opportunities that reduce our environmental impact and create a more sustainable and meaningful social impact. Another priority will be adjusting the size of governance structures within Vebego to ensure a stable and safe working environment. For 2025, despite dynamic market developments and geopolitical turmoil, we anticipate delivering a stable performance.