ACTIVE

Vijvens

Financial year 2025 · closed on 31/12/2025
Net result
-324,8 k €
-425.6% YoY
Revenue
14,4 M €
+2.3% YoY
Equity
12,1 M €
-4.2% YoY
Workforce
173,9 ETP
-1.4% YoY

What does Vijvens do?

Vijvens is a Non-profit organization incorporated in 1975. Its main activity is: General secondary education. Its registered office is in Kruisem. It employs on average 173,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.093.385
Incorporation
04/04/1975
Legal form
Non-profit organization
Registered office
Passionistenstraat(KRU) 19
9770 Kruisem · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
173,9 ETP
Joint committees (1)
  • 330
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Revenue14,4 M €14,1 M €13,5 M €11,9 M €10,2 M €10 M €9,9 M €9,5 M €9,7 M €9,6 M €8,8 M €8,7 M €8,6 M €8,4 M €7,4 M €
EBITDA2 M €2,5 M €2,5 M €3,1 M €1,7 M €1,7 M €1,3 M €1,2 M €1,3 M €1,5 M €1,7 M €1,7 M €1,4 M €1,5 M €897,5 k €
Operating result289,7 k €764 k €762,7 k €1,7 M €927,4 k €844,5 k €464,4 k €423,4 k €506 k €600,8 k €794,8 k €789,6 k €576,9 k €675,1 k €326,3 k €
Net result-324,8 k €99,7 k €29,7 k €1,2 M €594,7 k €476,2 k €114,6 k €47,2 k €85,6 k €158,4 k €300,7 k €311,7 k €42,8 k €168,4 k €112 k €
Balance sheet
Equity12,1 M €12,7 M €12,8 M €12,9 M €12,2 M €11,8 M €11,6 M €11,7 M €11,8 M €12 M €12 M €12 M €11,9 M €12,2 M €12,3 M €
Total assets36,9 M €39,2 M €41 M €42,8 M €38,3 M €26,8 M €22,9 M €22,2 M €22,7 M €23,5 M €24,1 M €24,5 M €25,5 M €26 M €27,2 M €
Cash1,1 M €697,5 k €832,8 k €958 k €1,1 M €648,3 k €757,7 k €465,1 k €352,7 k €298,9 k €301,7 k €226,8 k €157,1 k €205,7 k €249,6 k €
Debts24,6 M €26,4 M €28,1 M €29,7 M €25,9 M €14,8 M €11,2 M €10,2 M €10,6 M €11,2 M €11,8 M €12,2 M €13,2 M €13,6 M €14,6 M €
Other
Workforce173,9 ETP176,4 ETP179,6 ETP176,8 ETP175,3 ETP171,6 ETP169,4 ETP169,3 ETP175,5 ETP175,2 ETP161,5 ETP152,8 ETP154,5 ETP150,6 ETP144,9 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 · 13 active · 65 ended

Active mandates

Dominique VERHEYEN

Director · since 05 février 2025

Active
Fernand MAES

Director · since 05 février 2025

Active
Noël CIERKENS

Director · since 05 février 2025

Active
Elia JANSSENS

Director · since 13 juin 2023

Active
Erik DHUYVETTER

Director · since 01 juin 2022

Active
Frank MARCHAND

Director · since 01 juin 2022

Active
Georges NAGELS

Director · since 01 juin 2022

Active
Heidi DE CLERCQ

Director · since 01 juin 2022

Active
Liesbeth MATTHYS

Director · since 01 juin 2022

Active
Marc VAN HUFFEL

Director · since 01 juin 2022

Active
Marina DHONDT

Director · since 01 juin 2022

Active
Paul MERLEVEDE

Director · since 01 juin 2022

Active
Rita VANDE MOORTELE

Chairman of the board of directors · since 01 juin 2022

Active

Ended mandates

D. Verheyen

Director · since 05 février 2025

Ended
F. Maes

Director · since 05 février 2025

Ended
N. Cierkens

Director · since 05 février 2025

Ended
E. Janssens

Director · since 13 juin 2023

Ended
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 date19/06/202625/06/202501/07/202419/06/202317/06/202205/07/2021
General meeting17/06/202604/06/202511/06/202413/06/202301/06/202223/06/2021
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 model31/12/202517/06/202619/06/2026DutchPDF
Full model31/12/202404/06/202525/06/2025DutchPDF
Full model31/12/202311/06/202401/07/2024DutchPDF
Full model31/12/202213/06/202319/06/2023DutchPDF
Full model31/12/202101/06/202217/06/2022DutchPDF
Full model31/12/202023/06/202105/07/2021DutchPDF
Full model31/12/201909/06/202003/07/2020DutchPDF
Full model31/12/201813/06/201920/06/2019DutchPDF
Full model31/12/201712/06/201802/07/2018DutchPDF
Full model31/12/201620/06/201713/07/2017DutchPDF
Full model31/12/201528/06/201619/07/2016DutchPDF
Full model31/12/201423/06/201514/07/2015DutchPDF
Full model31/12/201319/06/201411/07/2014DutchPDF
Full model31/12/201211/06/201324/06/2013DutchPDF
Full model31/12/201119/06/201213/07/2012DutchPDF
Full model31/12/201019/05/201117/06/2011DutchPDF
Full model31/12/200915/06/201013/07/2010DutchPDF
Full model31/12/200809/06/200929/06/2009DutchPDF
Full model31/12/200710/06/200830/06/2008DutchPDF
Full model31/12/200630/05/200706/07/2007DutchPDF
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 · 13 active · 65 ended

Active mandates

Dominique VERHEYEN

Director · since 05 février 2025

Active
Fernand MAES

Director · since 05 février 2025

Active
Noël CIERKENS

Director · since 05 février 2025

Active
Elia JANSSENS

Director · since 13 juin 2023

Active
Erik DHUYVETTER

Director · since 01 juin 2022

Active
Frank MARCHAND

Director · since 01 juin 2022

Active
Georges NAGELS

Director · since 01 juin 2022

Active
Heidi DE CLERCQ

Director · since 01 juin 2022

Active
Liesbeth MATTHYS

Director · since 01 juin 2022

Active
Marc VAN HUFFEL

Director · since 01 juin 2022

Active
Marina DHONDT

Director · since 01 juin 2022

Active
Paul MERLEVEDE

Director · since 01 juin 2022

Active
Rita VANDE MOORTELE

Chairman of the board of directors · since 01 juin 2022

Active

Ended mandates

D. Verheyen

Director · since 05 février 2025

Ended
F. Maes

Director · since 05 février 2025

Ended
N. Cierkens

Director · since 05 février 2025

Ended
E. Janssens

Director · since 13 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2020
    MAATSCHAPPELIJKE ZETEL - 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 2025-324,8 k €
  2. 2024
    Annual accounts 202499,7 k €
  3. 2023
    Annual accounts 202329,7 k €
  4. 2022
    Annual accounts 20221,2 M €
  5. 2021
    Annual accounts 2021594,7 k €
  6. 2020
    Annual accounts 2020476,2 k €
  7. 2019
    Annual accounts 2019114,6 k €
  8. 2018
    Annual accounts 201847,2 k €
  9. 2017
    Annual accounts 201785,6 k €
  10. 2016
    Annual accounts 2016158,4 k €
  11. 2015
    Annual accounts 2015300,7 k €
  12. 2014
    Annual accounts 2014311,7 k €
  13. 2013
    Annual accounts 201342,8 k €
  14. 2012
    Annual accounts 2012168,4 k €
  15. 2011
    Annual accounts 2011112 k €
  16. 04/04/1975
    IncorporationNon-profit organization