ACTIVE

Vrij Technisch Instituut Deinze

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Financial year 2023 · Closed on 31/12/2023

Net result14,4 k €-88,9 %over 1 year

Revenue518,1 k €+67,9 %over 1 year

Equity4 M €+1,0 %over 1 year

Workforce2,8 ETP-6,7 %over 1 year

Identity

Source · BCE/KBO

Vrij Technisch Instituut Deinze is a Non-profit organization incorporated in 1962. Its main activity is: Security systems service activities. Its registered office is in Deinze. It employs on average 2,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0408.626.653
Incorporation: 02/10/1962
Legal form: Non-profit organization
Registered office: Leon Declercqstraat 1
9800 Deinze · FlandreSee on map
Latest accounts: 31/12/2023
Average workforce: 2,8 ETP

Activities (NACE)

80224Security systems service activities· main 85324Technical and vocational secondary education 85324Technical and vocational secondary education

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 14 financial years

	2023		2020		2019		2018		2017
Income statement
Revenue	518,1 k €	+67.9%	308,6 k €	-29.4%	437,2 k €	+1.0%	432,8 k €	-25.4%	580,1 k €
EBITDA	367 k €	-14.1%	427 k €	+6.5%	401 k €	-1.2%	405,7 k €	-4.2%	423,6 k €
Operating result	15,9 k €	-88.2%	135,1 k €	+19.0%	113,6 k €	+11.6%	101,7 k €	-1.5%	103,3 k €
Net result	14,4 k €	-88.9%	129,5 k €	+23.9%	104,5 k €	+15.6%	90,3 k €	-1.1%	91,4 k €
Balance sheet
Equity	4 M €	+1.0%	3,9 M €	+1.0%	3,9 M €	+0.3%	3,9 M €	+0.6%	3,9 M €
Total assets	4,9 M €	-3.3%	5 M €	-0.9%	5,1 M €	-0.7%	5,1 M €	-0.4%	5,1 M €
Cash	166,5 k €	-50.5%	336,5 k €	-4.5%	352,5 k €	+21.9%	289,2 k €	-13.0%	332,4 k €
Debts	878,5 k €	-20.0%	1,1 M €	-4.5%	1,2 M €	-6.4%	1,2 M €	-1.6%	1,2 M €
Other
Workforce	2,8 ETP	-6.7%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

6 active · 13 ended

Active mandates

Johan Ghysel

Director · since 09 juillet 2020

Active

Jan Van De Vijver

Director · since 20 juin 2019

Active

Marc Kint

Director · since 20 juin 2019

Active

Jean Marie Vanduyfhuys

Director · since 10 juin 2015

Active

Sam Heyerick

Director · since 21 juin 2007

Active

Marc Van Cauwenberghe

Chairman of the board of directors

Active

Ended mandates

Christian Maere

Director · until 18 avril 2014

Ended

Christian Maere

Director

Ended

Jean Marie Vanduyfhuys

Director

Ended

John Versichele

Vice-chairman of the board of directors

Ended

Other companies at this address

Leon Declercqstraat 1 9800 Deinze

Company	CBE no.
Technische Scholen van Deinze● Active	0406.505.224

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	26/06/2024	15/12/2023	21/06/2022	26/07/2021	20/08/2020
General meeting	12/06/2025	18/06/2024	13/06/2023	16/06/2022	15/06/2021	22/07/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2024	12/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2024	12/06/2025	23/06/2025	Dutch	PDF
Full model	31/12/2023	18/06/2024	26/06/2024	Dutch	PDF
Full modelCorrection	31/12/2022	13/06/2023	15/12/2023	Dutch	PDF
Full model	31/12/2022	13/06/2023	01/12/2023	Dutch	PDF
Full model	31/12/2021	16/06/2022	21/06/2022	Dutch	PDF
Full model	31/12/2020	15/06/2021	26/07/2021	Dutch	PDF
Full model	31/12/2019	22/07/2020	20/08/2020	Dutch	PDF
Full model	31/12/2018	20/06/2019	24/06/2019	Dutch	PDF
Full model	31/12/2017	12/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	22/06/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	07/06/2016	14/06/2016	Dutch	PDF
Full model	31/12/2014	10/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	05/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	23/09/2013	Dutch	PDF
Full model	31/12/2011	11/06/2012	13/06/2012	Dutch	PDF
Full model	31/12/2010	27/06/2011	28/06/2011	Dutch	PDF
Full model	31/12/2009	10/06/2010	19/07/2010	Dutch	PDF
Full model	31/12/2008	16/06/2009	09/07/2009	Dutch	PDF
Full model	31/12/2007	23/06/2008	19/08/2008	Dutch	PDF
Full model	31/12/2006	21/06/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2023

6 active · 13 ended

Active mandates

Johan Ghysel

Director · since 09 juillet 2020

Active

Jan Van De Vijver

Director · since 20 juin 2019

Active

Marc Kint

Director · since 20 juin 2019

Active

Jean Marie Vanduyfhuys

Director · since 10 juin 2015

Active

Sam Heyerick

Director · since 21 juin 2007

Active

Marc Van Cauwenberghe

Chairman of the board of directors

Active

Ended mandates

Christian Maere

Director · until 18 avril 2014

Ended

Christian Maere

Director

Ended

Jean Marie Vanduyfhuys

Director

Ended

John Versichele

Vice-chairman of the board of directors

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other01/07/2026
—
PDF
Mandates12/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other27/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/11/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2015
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2023
Annual accounts 202314,4 k €↓
2023
Name changeVTI Deinze
2020
Annual accounts 2020129,5 k €↑
2019
Annual accounts 2019104,5 k €↑
2018
Annual accounts 201890,3 k €↓
2017
Annual accounts 201791,4 k €↑
2016
Annual accounts 201620,9 k €↑
2015
Annual accounts 20152,9 k €↓
2014
Annual accounts 201434,7 k €↑
2013
Annual accounts 2013-87,2 k €↓
2012
Annual accounts 2012-74,5 k €↓
2011
Annual accounts 2011-18,2 k €↓
2009
Annual accounts 2009110,6 k €↓
2008
Annual accounts 2008235,9 k €↑
2007
Annual accounts 200748,8 k €
2007
Name changeVrij Technisch Instituut Deinze
02/10/1962
IncorporationNon-profit organization

Vrij Technisch Instituut Deinze

Overview

Identity

Financials

Valuation

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

Timeline