ACTIVE

V.C.D.

Financial year 2025 · closed on 31/12/2025
Net result
-28,6 k €
-224.3% YoY
Gross margin
111,3 k €
-48.8% YoY
Equity
160,3 k €
-15.2% YoY
Workforce
2,3 ETP
-34.3% YoY

What does V.C.D. do?

V.C.D. is a Public limited company incorporated in 1967. Its registered office is in Halle. It employs on average 2,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.062.903
Incorporation
26/04/1967
Legal form
Public limited company
Registered office
Edingensesteenweg 20
1500 Halle · FlandreSee on map
Contributed capital
112 000,00 €
Latest accounts
31/12/2025
Average workforce
2,3 ETP
Joint committees (5)
  • 100
  • 10000
  • 200
  • 20000
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201820172016201520142013201220112010200920082007
Income statement
Gross margin111,3 k €217,3 k €327,6 k €270,3 k €388,4 k €438,3 k €710,3 k €562,5 k €571,8 k €723,3 k €710,9 k €686,6 k €705,9 k €752,8 k €616,5 k €613,2 k €533,6 k €
EBITDA-19,2 k €37 k €12,2 k €-22 k €63,2 k €115,1 k €154,4 k €109,9 k €97,5 k €149,3 k €128 k €135,7 k €135,1 k €154 k €71,7 k €118,6 k €104,9 k €
Operating result-21,8 k €34,6 k €-1,2 k €-42,3 k €34,1 k €35,9 k €63,1 k €33,8 k €18,5 k €55,8 k €22,6 k €44,4 k €41,3 k €48 k €-6,5 k €63,9 k €63 k €
Net result-28,6 k €23 k €-8,8 k €-47,5 k €20,8 k €12,8 k €31,3 k €17,3 k €7,4 k €21,2 k €7,4 k €18,3 k €22,7 k €31,5 k €2,5 k €57,1 k €42,8 k €
Balance sheet
Equity160,3 k €188,9 k €165,8 k €174,6 k €222,1 k €351 k €338,2 k €437 k €419,8 k €412,4 k €508,8 k €501,4 k €483 k €460,4 k €428,9 k €426,4 k €369,3 k €
Total assets317,2 k €380,6 k €623,2 k €501,2 k €782,8 k €863,5 k €1,2 M €1 M €1,2 M €1,4 M €1,2 M €1,2 M €1,2 M €1,3 M €918,4 k €935,2 k €977,4 k €
Cash87,2 k €200,1 k €51,2 k €47 k €60,9 k €49,9 k €132,5 k €70,9 k €40,9 k €360,2 k €215,7 k €180,7 k €12,6 k €144,3 k €45,6 k €23,3 k €140,7 k €
Debts157 k €191,7 k €457,3 k €326,6 k €560,7 k €512,4 k €842,2 k €595,4 k €771,1 k €919,9 k €727,4 k €688,2 k €670,4 k €814 k €489,5 k €508,8 k €608,2 k €
Other
Workforce2,3 ETP3,5 ETP5,5 ETP5,5 ETP6,7 ETP7,5 ETP9,3 ETP10,7 ETP11,7 ETP12,6 ETP13,7 ETP13,5 ETP13,8 ETP13,3 ETP11,8 ETP12,0 ETP10,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

Jean-Luc Debusscher

Director · since 12 juin 2024 · until 12 juin 2030

Active
JJA

Director · since 12 juin 2024 · until 12 juin 2030 · 0476.806.963

Represented by Frieda DEVROEDE

Active
Veronique Devroede

Director · since 12 juin 2024 · until 12 juin 2030

Active

Ended mandates

Jean-Luc Debusscher

Director · since 12 juin 2018 · until 12 juin 2024

Ended
Jean-Luc Debusscher

Director · since 12 juin 2018

Ended
JJA

Director · since 12 juin 2018 · until 12 juin 2024 · 0476.806.963

Represented by Devroede FRIEDA

Ended
JJA

Director · since 12 juin 2018 · 0476.806.963

Represented by Devroede Frieda

Ended
At this address

Other companies at this address

CompanyCBE no.
V.C.D. DevroedeActive
1003.598.721
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date05/07/202613/06/202525/06/202415/06/202314/07/202214/06/2021
General meeting09/06/202610/06/202511/06/202413/06/202314/06/202208/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/06/202605/07/2026DutchPDF
Abridged model31/12/202410/06/202513/06/2025DutchPDF
Abridged model31/12/202311/06/202425/06/2024DutchPDF
Abridged model31/12/202213/06/202315/06/2023DutchPDF
Abridged model31/12/202114/06/202214/07/2022DutchPDF
Abridged model31/12/202008/06/202114/06/2021DutchPDF
Abridged model31/12/201909/06/202009/06/2020DutchPDF
Abridged model31/12/201811/06/201922/08/2019DutchPDF
Abridged model31/12/201712/06/201829/08/2018DutchPDF
Abridged model30/06/201602/12/201619/12/2016DutchPDF
Abridged model30/06/201504/12/201514/12/2015DutchPDF
Abridged model30/06/201405/12/201416/12/2014DutchPDF
Abridged model30/06/201306/12/201316/12/2013DutchPDF
Abridged model30/06/201207/12/201217/12/2012DutchPDF
Abridged model30/06/201102/12/201116/12/2011DutchPDF
Abridged model30/06/201003/12/201006/12/2010DutchPDF
Abridged model30/06/200904/12/200926/02/2010DutchPDF
Abridged model30/06/200805/12/200815/12/2008DutchPDF
Abridged model30/06/200707/12/200717/12/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 24 ended

Active mandates

Jean-Luc Debusscher

Director · since 12 juin 2024 · until 12 juin 2030

Active
JJA

Director · since 12 juin 2024 · until 12 juin 2030 · 0476.806.963

Represented by Frieda DEVROEDE

Active
Veronique Devroede

Director · since 12 juin 2024 · until 12 juin 2030

Active

Ended mandates

Jean-Luc Debusscher

Director · since 12 juin 2018 · until 12 juin 2024

Ended
Jean-Luc Debusscher

Director · since 12 juin 2018

Ended
JJA

Director · since 12 juin 2018 · until 12 juin 2024 · 0476.806.963

Represented by Devroede FRIEDA

Ended
JJA

Director · since 12 juin 2018 · 0476.806.963

Represented by Devroede Frieda

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/06/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring08/02/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/10/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other17/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-28,6 k €
  2. 2024
    Annual accounts 202423 k €
  3. 2023
    Annual accounts 2023-8,8 k €
  4. 2022
    Annual accounts 2022-47,5 k €
  5. 2021
    Annual accounts 202120,8 k €
  6. 2018
    Annual accounts 201812,8 k €
  7. 2017
    Annual accounts 201731,3 k €
  8. 2016
    Annual accounts 201617,3 k €
  9. 2015
    Annual accounts 20157,4 k €
  10. 2014
    Annual accounts 201421,2 k €
  11. 2013
    Annual accounts 20137,4 k €
  12. 2012
    Annual accounts 201218,3 k €
  13. 2011
    Annual accounts 201122,7 k €
  14. 2010
    Annual accounts 201031,5 k €
  15. 2009
    Annual accounts 20092,5 k €
  16. 2008
    Annual accounts 200857,1 k €
  17. 2007
    Annual accounts 200742,8 k €
  18. 26/04/1967
    IncorporationPublic limited company