ACTIVE

V.L.A.G.

Financial year 2025 · closed on 31/12/2025
Net result
-60,1 k €
-143.6% YoY
Gross margin
62 €
-100.0% YoY
Equity
-11,9 k €
-124.7% YoY

What does V.L.A.G. do?

V.L.A.G. is a Public limited company incorporated in 1975. Its registered office is in Opwijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.906.513
Incorporation
30/06/1975
Legal form
Public limited company
Registered office
Marktstraat 44
1745 Opwijk · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 307
  • 3070
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin62 €272,2 k €89,5 k €94 k €-471 k €-87,3 k €-4,1 k €35,3 k €913,8 €27,8 k €35,8 k €143,2 k €133,5 k €45,3 k €-15,6 k €79,5 k €94,5 k €128,6 k €168,8 k €
EBITDA-535 €239,4 k €-63,1 k €18,3 k €-521,5 k €-647,9 k €-5,2 k €23,9 k €-34,9 k €11,5 k €-2,1 k €104,1 k €94,5 k €-4,1 k €-75,1 k €15 k €10,6 k €57,5 k €98 k €
Operating result-535 €239,4 k €-63,1 k €18,3 k €-521,8 k €-648,3 k €-5,6 k €22,5 k €-41 k €-625 €-14,5 k €91,2 k €81,7 k €-13,7 k €-78,8 k €11,5 k €7,7 k €32,4 k €74,6 k €
Net result-60,1 k €137,9 k €-67,2 k €17,4 k €-530,7 k €-633,5 k €8,5 k €21,4 k €2,1 M €34,9 k €17,1 k €103,6 k €-2,3 M €58,1 k €-31,7 k €-96,9 k €-37 k €-30 k €17,9 k €
Balance sheet
Equity-11,9 k €48,2 k €-89,7 k €-22,5 k €-39,9 k €512,8 k €1,1 M €1,1 M €1,1 M €-1 M €-1,1 M €-1,1 M €-1,2 M €1,1 M €1 M €1 M €1,1 M €1 M €998 k €
Total assets186 k €256,6 k €570,5 k €479 k €688,3 k €866 k €1,5 M €1,9 M €1,6 M €1,8 M €1,6 M €1,3 M €1,5 M €1,9 M €1,6 M €1,8 M €2,6 M €2,6 M €2,6 M €
Cash1,4 k €30,7 k €121 k €315,8 k €228,8 k €270,2 k €305,9 k €344,4 k €228,8 k €750,5 k €659,6 k €670,7 k €1,1 M €1,1 M €979,2 k €1,1 M €2,5 M €2,4 M €2,2 M €
Debts197,8 k €208,5 k €660,3 k €501,5 k €728,2 k €353,2 k €393,1 k €718 k €487,4 k €2,8 M €2,7 M €2,4 M €2,7 M €815,8 k €588 k €768,3 k €1,5 M €1,6 M €1,6 M €
Other
Workforce0,6 ETP0,4 ETP1,0 ETP1,8 ETP1,8 ETP2,1 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 10 ended

Active mandates

Eddy De Nil

Director · since 25 septembre 2021 · until 28 septembre 2027

Active
Fidea

Director · since 25 septembre 2021 · until 25 septembre 2027 · 0463.602.095

Represented by Geeurickx PAUL

Active

Ended mandates

BV FIDEA

Director · since 25 septembre 2021 · until 25 septembre 2027

Ended
Eddy De Nil

Director · since 25 septembre 2021 · until 25 septembre 2027

Ended
Eddy De Nil

Director · since 25 septembre 2015 · until 25 septembre 2021

Ended
Eddy De Nil

Managing director · since 25 septembre 2015 · until 25 septembre 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
0444.397.481
E. DE NIL & CIEActive
0839.200.448
REM FINANCEActive
0839.199.755
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro 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 date17/08/202627/09/202527/09/202431/08/202310/11/202217/11/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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
Micro model31/12/202530/06/202617/08/2026DutchPDF
Abridged model31/12/202430/06/202527/09/2025DutchPDF
Abridged model31/12/202330/06/202427/09/2024DutchPDF
Abridged model31/12/202230/06/202331/08/2023DutchPDF
Abridged model31/12/202130/06/202210/11/2022DutchPDF
Abridged model31/12/202030/06/202117/11/2021DutchPDF
Abridged model31/12/201930/11/202030/11/2020DutchPDF
Abridged model31/12/201801/04/201912/12/2019DutchPDF
Abridged model31/12/201730/06/201831/07/2018DutchPDF
Abridged model31/12/201630/06/201731/08/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201407/04/201513/07/2015DutchPDF
Abridged model31/12/201330/06/201409/10/2014DutchPDF
Abridged model31/12/201230/06/201329/11/2013DutchPDF
Abridged model31/12/201130/06/201230/11/2012DutchPDF
Abridged model31/12/201030/06/201121/12/2011DutchPDF
Abridged model31/12/200930/06/201015/12/2010DutchPDF
Abridged model31/12/200830/06/200920/08/2009DutchPDF
Abridged model31/12/200730/06/200827/08/2008DutchPDF
Abridged model31/12/200630/06/200710/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2023 · 2 active · 10 ended

Active mandates

Eddy De Nil

Director · since 25 septembre 2021 · until 28 septembre 2027

Active
Fidea

Director · since 25 septembre 2021 · until 25 septembre 2027 · 0463.602.095

Represented by Geeurickx PAUL

Active

Ended mandates

BV FIDEA

Director · since 25 septembre 2021 · until 25 septembre 2027

Ended
Eddy De Nil

Director · since 25 septembre 2021 · until 25 septembre 2027

Ended
Eddy De Nil

Director · since 25 septembre 2015 · until 25 septembre 2021

Ended
Eddy De Nil

Managing director · since 25 septembre 2015 · until 25 septembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/10/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/07/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/03/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2006
    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

Timeline

  1. 2025
    Annual accounts 2025-60,1 k €
  2. 2024
    Annual accounts 2024137,9 k €
  3. 2023
    Annual accounts 2023-67,2 k €
  4. 2022
    Annual accounts 202217,4 k €
  5. 2021
    Annual accounts 2021-530,7 k €
  6. 2019
    Annual accounts 2019-633,5 k €
  7. 2018
    Annual accounts 20188,5 k €
  8. 2017
    Annual accounts 201721,4 k €
  9. 2016
    Annual accounts 20162,1 M €
  10. 2015
    Annual accounts 201534,9 k €
  11. 2014
    Annual accounts 201417,1 k €
  12. 2013
    Annual accounts 2013103,6 k €
  13. 2012
    Annual accounts 2012-2,3 M €
  14. 2011
    Annual accounts 201158,1 k €
  15. 2010
    Annual accounts 2010-31,7 k €
  16. 2009
    Annual accounts 2009-96,9 k €
  17. 2008
    Annual accounts 2008-37 k €
  18. 2007
    Annual accounts 2007-30 k €
  19. 2006
    Annual accounts 200617,9 k €
  20. 30/06/1975
    IncorporationPublic limited company