ACTIVE

Vanderstraeten

Financial year 2025 · closed on 31/12/2025
Net result
3,4 M €
-6.5% YoY
Revenue
124,7 M €
-6.0% YoY
Equity
17,1 M €
+7.5% YoY
Workforce
166,2 ETP
+1.2% YoY

What does Vanderstraeten do?

Vanderstraeten is a Public limited company incorporated in 1960. Its registered office is in Lummen. It employs on average 166,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.983.152
Incorporation
01/02/1960
Legal form
Public limited company
Registered office
Europaweg 11
3560 Lummen · FlandreSee on map
Contributed capital
1 605 447,62 €
Latest accounts
31/12/2025
Average workforce
166,2 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172012201120102009200820072006
Income statement
Revenue124,7 M €132,6 M €138,2 M €125,3 M €88 M €60,3 M €55,1 M €56,2 M €73,9 M €48,1 M €37,8 M €26,8 M €33,7 M €40 M €34,7 M €36,1 M €
EBITDA5,6 M €4,9 M €2,5 M €2,1 M €854,5 k €1,1 M €805,3 k €1,6 M €3,7 M €2,4 M €2 M €1,5 M €2,8 M €1,7 M €1,4 M €2,8 M €
Operating result4,6 M €4,3 M €1,8 M €1,6 M €498,7 k €591,6 k €78,1 k €1,1 M €2,9 M €1,6 M €1,3 M €992 k €2,4 M €1,3 M €1,1 M €2,5 M €
Net result3,4 M €3,6 M €1,6 M €1,1 M €430,6 k €278,9 k €224,6 k €591,2 k €2,7 M €1,3 M €1 M €1 M €1,5 M €1,3 M €1,3 M €2,3 M €
Balance sheet
Equity17,1 M €15,9 M €13,6 M €13,2 M €12,9 M €12,5 M €18,9 M €18,6 M €18 M €13,2 M €13,2 M €12,6 M €12,1 M €11,4 M €10,1 M €18 M €
Total assets49,5 M €45,3 M €47,7 M €47,7 M €40,1 M €36,9 M €37 M €38,1 M €38,6 M €29,6 M €27,9 M €21,2 M €20,1 M €18 M €34,2 M €26,9 M €
Cash2,9 M €6 M €4 M €6,1 M €6,2 M €9,1 M €3,5 M €2,1 M €4,8 M €730,8 k €1,2 M €553,2 k €1,2 M €893,5 k €2,6 M €5,3 M €
Debts31,5 M €28,8 M €33,5 M €33,8 M €26,6 M €23,6 M €17,4 M €18,7 M €19,5 M €14,9 M €14,2 M €8,3 M €7,6 M €6,3 M €24 M €8,7 M €
Other
Workforce166,2 ETP164,3 ETP160,1 ETP149,6 ETP137,5 ETP127,8 ETP127,2 ETP120,8 ETP118,5 ETP98,8 ETP97,0 ETP90,4 ETP89,1 ETP88,2 ETP83,8 ETP83,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 38 ended

Active mandates

VDS SERVICES

Director · since 01 janvier 2023 · until 26 avril 2029 · 0745.858.041

Represented by Cemal Cifci

Active
Mistral Management

Managing director · since 10 juillet 2020 · until 30 juin 2026 · 0644.684.269

Represented by Michel Vanderstraeten

Active
K.L.MANAGEMENT

Managing director · since 09 mars 2020 · until 30 juin 2026 · 0817.668.527

Represented by Karel Luyckx

Active

Ended mandates

Mistral Management

Managing director · since 10 juillet 2020 · until 30 avril 2026 · 0644.684.269

Represented by MICHEL VANDERSTRAETEN

Ended
Mistral Management

Managing director · since 10 juillet 2020 · until 01 juin 2026 · 0644.684.269

Represented by MICHEL VANDERSTRAETEN

Ended
VDS SERVICES

Director · since 10 juillet 2020 · until 15 mars 2021 · 0745.858.041

Represented by NICK WUESTENBERGS

Ended
K.L.MANAGEMENT

Managing director · since 09 mars 2020 · until 30 avril 2026 · 0817.668.527

Represented by KAREL LUYCKX

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202620/05/202530/05/202420/06/202311/07/202214/07/2021
General meeting30/06/202615/05/202517/05/202419/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202601/07/2026DutchPDF
Full model31/12/202415/05/202520/05/2025DutchPDF
Full model31/12/202317/05/202430/05/2024DutchPDF
Full model31/12/202219/06/202320/06/2023DutchPDF
Full model31/12/202130/06/202211/07/2022DutchPDF
Full model31/12/202030/06/202114/07/2021DutchPDF
Full model31/12/201910/07/202014/07/2020DutchPDF
Full model31/12/201828/06/201912/07/2019DutchPDF
Full model31/12/201729/06/201805/07/2018DutchPDF
Full model31/12/201630/06/201724/07/2017DutchPDF
Full model31/12/201520/05/201606/06/2016DutchPDF
Full model31/12/201430/06/201507/07/2015DutchPDF
Full model31/12/201310/07/201411/07/2014DutchPDF
Full model31/12/201228/06/201315/07/2013DutchPDF
Full model31/12/201130/06/201216/07/2012DutchPDF
Full model31/12/201030/06/201108/07/2011DutchPDF
Full model31/12/200930/06/201003/08/2010DutchPDF
Full model31/12/200830/06/200910/07/2009DutchPDF
Full model31/12/200730/06/200801/08/2008DutchPDF
Full model31/12/200604/06/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 38 ended

Active mandates

VDS SERVICES

Director · since 01 janvier 2023 · until 26 avril 2029 · 0745.858.041

Represented by Cemal Cifci

Active
Mistral Management

Managing director · since 10 juillet 2020 · until 30 juin 2026 · 0644.684.269

Represented by Michel Vanderstraeten

Active
K.L.MANAGEMENT

Managing director · since 09 mars 2020 · until 30 juin 2026 · 0817.668.527

Represented by Karel Luyckx

Active

Ended mandates

Mistral Management

Managing director · since 10 juillet 2020 · until 30 avril 2026 · 0644.684.269

Represented by MICHEL VANDERSTRAETEN

Ended
Mistral Management

Managing director · since 10 juillet 2020 · until 01 juin 2026 · 0644.684.269

Represented by MICHEL VANDERSTRAETEN

Ended
VDS SERVICES

Director · since 10 juillet 2020 · until 15 mars 2021 · 0745.858.041

Represented by NICK WUESTENBERGS

Ended
K.L.MANAGEMENT

Managing director · since 09 mars 2020 · until 30 avril 2026 · 0817.668.527

Represented by KAREL LUYCKX

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring20/04/2021
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other07/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Restructuring24/11/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,4 M €
  2. 2024
    Annual accounts 20243,6 M €
  3. 2023
    Annual accounts 20231,6 M €
  4. 2022
    Annual accounts 20221,1 M €
  5. 2021
    Annual accounts 2021430,6 k €
  6. 2020
    Annual accounts 2020278,9 k €
  7. 2019
    Annual accounts 2019224,6 k €
  8. 2018
    Annual accounts 2018591,2 k €
  9. 2017
    Annual accounts 20172,7 M €
  10. 2012
    Annual accounts 20121,3 M €
  11. 2011
    Annual accounts 20111 M €
  12. 2010
    Annual accounts 20101 M €
  13. 2009
    Annual accounts 20091,5 M €
  14. 2008
    Annual accounts 20081,3 M €
  15. 2007
    Annual accounts 20071,3 M €
  16. 2006
    Annual accounts 20062,3 M €
  17. 01/02/1960
    IncorporationPublic limited company