ACTIVE

M. VANDENABEELE

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Financial year 2025 · closed on 31/12/2025

Net result

26,4 k €

-89.2% YoY

Revenue

19 M €

+8.1% YoY

Equity

10,1 M €

+0.3% YoY

Workforce

57,4 ETP

-4.7% YoY

What does M. VANDENABEELE do?

M. VANDENABEELE is a Public limited company incorporated in 1968. Its main activity is: Manufacture of electrical and electronic equipment for motor vehicles. Its registered office is in Ingelmunster. It employs on average 57,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.763.202

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Kortrijkstraat 174
8770 Ingelmunster · FlandreSee on map

Contributed capital

375 720,00 €

Latest accounts

31/12/2025

Average workforce

57,4 ETP

Activities (NACE)

29310Manufacture of electrical and electronic equipment for motor vehicles· main 29310Manufacture of electrical and electronic equipment for motor vehicles 31610Manufacture of furniture 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 45201Maintenance and repair of motor vehicles+14

Joint committees (4)

14901
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	19 M €	+8.1%	17,5 M €	-14.4%	20,5 M €	+7.3%	19,1 M €	-7.5%	20,7 M €	+2.3%	20,2 M €	+15.0%	17,6 M €	-3.4%	18,2 M €	+15.1%	15,8 M €	+10.7%	14,3 M €	+11.5%	12,8 M €	+2.4%	12,5 M €	+5.1%	11,9 M €	-5.1%	12,5 M €	+6.0%	11,8 M €	+3.0%	11,5 M €	-8.1%	12,5 M €	-18.5%	15,3 M €	+2.7%	14,9 M €	+4.4%	14,3 M €
EBITDA	1,2 M €	+12.3%	1,1 M €	+2.0%	1,1 M €	-31.9%	1,6 M €	+32.0%	1,2 M €	-27.2%	1,6 M €	+75.7%	929 k €	+16.6%	796,8 k €	-18.8%	981,5 k €	+9.5%	896,7 k €	-12.6%	1 M €	+7.3%	956,1 k €	+0.4%	952,7 k €	-10.0%	1,1 M €	-15.9%	1,3 M €	+4.5%	1,2 M €	-9.0%	1,3 M €	+10.1%	1,2 M €	-17.0%	1,4 M €	+9.3%	1,3 M €
Operating result	22,8 k €	-88.1%	191,4 k €	-52.0%	398,5 k €	-61.2%	1 M €	+58.8%	647 k €	-39.0%	1,1 M €	+198%	356,5 k €	+64.6%	216,6 k €	-51.2%	443,8 k €	+6.5%	416,9 k €	-24.3%	550,4 k €	+28.4%	428,6 k €	+32.7%	322,9 k €	-29.2%	456 k €	-30.7%	658,4 k €	-3.4%	681,7 k €	-10.6%	762,7 k €	+20.0%	635,6 k €	-28.2%	885,7 k €	+24.3%	712,8 k €
Net result	26,4 k €	-89.2%	245,1 k €	-36.1%	383,3 k €	-34.0%	581,2 k €	+29.0%	450,6 k €	-44.4%	810,5 k €	+297%	204,3 k €	+36.6%	149,6 k €	-50.8%	304,2 k €	-2.6%	312,3 k €	-24.3%	412,4 k €	+36.7%	301,6 k €	+3.8%	290,5 k €	-24.5%	384,6 k €	-26.8%	525,1 k €	-10.3%	585,2 k €	-6.3%	624,8 k €	+12.4%	556 k €	-18.4%	681 k €	+22.9%	554,3 k €
Balance sheet
Equity	10,1 M €	+0.3%	10,1 M €	+2.5%	9,8 M €	+4.1%	9,4 M €	+6.6%	8,9 M €	+5.4%	8,4 M €	+10.7%	7,6 M €	+2.8%	7,4 M €	+2.1%	7,2 M €	+0.0%	7,2 M €	+0.1%	7,2 M €	+0.5%	7,2 M €	+0.2%	7,2 M €	+0.2%	7,2 M €	+1.2%	7,1 M €	+0.4%	7,1 M €	+1.2%	7 M €	+1.8%	6,9 M €	+8.8%	6,3 M €	+12.1%	5,6 M €
Total assets	13,8 M €	-2.7%	14,2 M €	+4.9%	13,5 M €	-1.3%	13,7 M €	+19.9%	11,4 M €	+8.9%	10,5 M €	-9.8%	11,6 M €	+14.1%	10,2 M €	-3.9%	10,6 M €	+4.5%	10,1 M €	+9.7%	9,2 M €	+1.1%	9,1 M €	+0.3%	9,1 M €	+0.6%	9,1 M €	-0.9%	9,1 M €	-2.2%	9,3 M €	-5.3%	9,9 M €	+3.6%	9,5 M €	+5.8%	9 M €	+7.2%	8,4 M €
Cash	937,5 k €	+33.5%	702,3 k €	+55.6%	451,5 k €	-87.3%	3,6 M €	+107%	1,7 M €	-16.3%	2 M €	+532%	323,8 k €	+85.5%	174,6 k €	+469%	30,7 k €	-97.1%	1 M €	-7.2%	1,1 M €	-15.2%	1,3 M €	+55.5%	853 k €	+165%	322,1 k €	-23.4%	420,7 k €	-80.3%	2,1 M €	+50.3%	1,4 M €	+721%	173,3 k €	-0.8%	174,7 k €	-53.8%	378,4 k €
Debts	3,5 M €	-10.4%	4 M €	+11.9%	3,5 M €	-13.5%	4,1 M €	+72.5%	2,4 M €	+26.2%	1,9 M €	-50.9%	3,8 M €	+49.4%	2,6 M €	-19.9%	3,2 M €	+16.8%	2,7 M €	+45.6%	1,9 M €	+4.3%	1,8 M €	-1.1%	1,8 M €	+2.2%	1,8 M €	-12.8%	2 M €	-10.0%	2,3 M €	-21.0%	2,9 M €	+8.5%	2,6 M €	-0.9%	2,7 M €	+2.2%	2,6 M €
Other
Workforce	57,4 ETP	-4.7%	60,2 ETP	+4.0%	57,9 ETP	-2.5%	59,4 ETP	-1.2%	60,1 ETP	-3.1%	62,0 ETP	-3.7%	64,4 ETP	-5.7%	68,3 ETP	-3.0%	70,4 ETP	-0.7%	70,9 ETP	-0.8%	71,5 ETP	-8.7%	78,3 ETP	-1.6%	79,6 ETP	+1.9%	78,1 ETP	+1.4%	77,0 ETP	+3.9%	74,1 ETP	+4.5%	70,9 ETP	+3.5%	68,5 ETP	+2.2%	67,0 ETP	+4.9%	63,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Danny Simoens

Managing director · since 01 juillet 2025 · until 24 avril 2031

Active

Koen Denys

Director · since 01 juillet 2025 · until 24 avril 2031

Active

Ended mandates

Danny Simoens

Director · since 19 mai 2020 · until 30 avril 2026

Ended

Danny Simoens

Director · since 19 mai 2020

Ended

Danny Simoens

Managing director · since 19 mai 2020 · until 30 avril 2026

Ended

Koen Denys

Director · since 19 mai 2020 · until 30 avril 2026

Ended

At this address

Other companies at this address

Company	CBE no.
VABELE● Active	0466.190.413
V.T.E. Import● Active	0429.019.617

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/08/2026	07/07/2025	18/07/2024	19/07/2023	17/06/2022	20/07/2021
General meeting	30/06/2026	30/06/2025	29/06/2024	28/06/2023	12/05/2022	28/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	24/08/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	29/06/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	28/06/2023	19/07/2023	Dutch	PDF
Full model	31/12/2021	12/05/2022	17/06/2022	Dutch	PDF
Full model	31/12/2020	28/04/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	19/05/2020	17/07/2020	Dutch	PDF
Full model	31/12/2018	04/04/2019	19/07/2019	Dutch	PDF
Full model	31/12/2017	20/06/2018	16/07/2018	Dutch	PDF
Full model	31/12/2016	16/05/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	03/05/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	11/05/2015	15/06/2015	Dutch	PDF
Full model	31/12/2013	24/04/2014	12/06/2014	Dutch	PDF
Full model	31/12/2012	29/05/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	31/07/2012	Dutch	PDF
Full model	31/12/2010	15/06/2011	20/07/2011	Dutch	PDF
Full model	31/12/2009	29/04/2010	20/07/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	28/07/2009	Dutch	PDF
Full model	31/12/2007	15/05/2008	30/06/2008	Dutch	PDF
Full model	31/12/2006	26/04/2007	17/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 24 ended

Active mandates

Danny Simoens

Managing director · since 01 juillet 2025 · until 24 avril 2031

Active

Koen Denys

Director · since 01 juillet 2025 · until 24 avril 2031

Active

Ended mandates

Danny Simoens

Director · since 19 mai 2020 · until 30 avril 2026

Ended

Danny Simoens

Director · since 19 mai 2020

Ended

Danny Simoens

Managing director · since 19 mai 2020 · until 30 avril 2026

Ended

Koen Denys

Director · since 19 mai 2020 · until 30 avril 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other03/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2014
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202526,4 k €↓
2024
Annual accounts 2024245,1 k €↓
2023
Annual accounts 2023383,3 k €↓
2022
Annual accounts 2022581,2 k €↑
2021
Annual accounts 2021450,6 k €↓
2021
Name changeVandenabeele M.
2020
Annual accounts 2020810,5 k €↑
2019
Annual accounts 2019204,3 k €↑
2018
Annual accounts 2018149,6 k €↓
2017
Annual accounts 2017304,2 k €↓
2016
Annual accounts 2016312,3 k €↓
2015
Annual accounts 2015412,4 k €↑
2014
Annual accounts 2014301,6 k €↑
2013
Annual accounts 2013290,5 k €↓
2012
Annual accounts 2012384,6 k €↓
2011
Annual accounts 2011525,1 k €↓
2010
Annual accounts 2010585,2 k €↓
2009
Annual accounts 2009624,8 k €↑
2008
Annual accounts 2008556 k €↓
2007
Annual accounts 2007681 k €↑
2006
Annual accounts 2006554,3 k €
2006
Name changeM. VANDENABEELE
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M. VANDENABEELE

Overview

What does M. VANDENABEELE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline