ACTIVE

Vondels

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Financial year 2025 · closed on 31/12/2025

Net result

455,6 k €

+56.8% YoY

Revenue

754,5 k €

+12.3% YoY

Equity

7,3 M €

+5.5% YoY

Workforce

104,9 ETP

+10.0% YoY

What does Vondels do?

Vondels is a Non-profit organization incorporated in 1975. Its main activity is: General secondary education. Its registered office is in Ieper. It employs on average 104,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.108.728

Incorporation

30/01/1975

Legal form

Non-profit organization

Registered office

Ter Waarde 45
8900 Ieper · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

104,9 ETP

Activities (NACE)

85314General secondary education· main 87202Residential care activities for mental retardation, mental health and substance abuse 87202Residential care activities for mental retardation, mental health and substance abuse

Joint committees (1)

31901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	754,5 k €	+12.3%	672,1 k €	+19.3%	563,4 k €	+10.9%	507,9 k €	-21.7%	648,8 k €	+8.0%	601 k €	-3.7%	624,2 k €	+1.3%	616,1 k €	+5.7%	583 k €	+0.2%	582,1 k €	+52.5%	381,7 k €	+1.5%	376,2 k €	+4.7%	359,3 k €	+7.6%	334 k €	+11.8%	298,8 k €	-1.5%	303,2 k €	+12.4%	269,8 k €
EBITDA	1 M €	+23.7%	842,9 k €	+7.4%	784,6 k €	-16.7%	942,1 k €	+23.7%	761,4 k €	+6.6%	714 k €	+15.6%	617,8 k €	-16.4%	739 k €	+20.0%	615,9 k €	+49.9%	410,8 k €	+52.7%	268,9 k €	+111%	-2,5 M €	-1108%	252,3 k €	+15.4%	218,6 k €	-21.4%	278,2 k €	+8.6%	256,1 k €	-3.3%	264,9 k €
Operating result	452 k €	+77.4%	254,8 k €	-31.5%	372 k €	-32.3%	549,9 k €	+45.1%	378,9 k €	+14.4%	331,3 k €	+24.1%	267 k €	-10.8%	299,2 k €	+8.2%	276,5 k €	+279%	72,9 k €	+144%	29,9 k €	+101%	-2,9 M €	-9144%	32,4 k €	+280%	-18 k €	-119%	96,6 k €	+50.4%	64,2 k €	+18.7%	54,1 k €
Net result	455,6 k €	+56.8%	290,6 k €	-26.5%	395,1 k €	-31.2%	574,5 k €	+41.4%	406,4 k €	+3.4%	393 k €	+23.7%	317,6 k €	-14.2%	370,3 k €	+11.1%	333,5 k €	+200%	111,3 k €	+116%	51,4 k €	-77.4%	227,3 k €	+1051%	19,7 k €	+200%	-19,8 k €	-117%	116,8 k €	+56.9%	74,4 k €	+11.9%	66,5 k €
Balance sheet
Equity	7,3 M €	+5.5%	6,9 M €	+6.2%	6,5 M €	+5.1%	6,2 M €	+7.2%	5,7 M €	+4.6%	5,5 M €	+4.2%	5,3 M €	+2.7%	5,1 M €	+3.0%	5 M €	+3.9%	4,8 M €	+51.8%	3,2 M €	-2.7%	3,2 M €	+37.4%	2,4 M €	+2.3%	2,3 M €	+7.7%	2,1 M €	+6.5%	2 M €	+17.5%	1,7 M €
Total assets	10,7 M €	+4.1%	10,3 M €	+15.5%	8,9 M €	+6.4%	8,4 M €	+4.2%	8 M €	+3.9%	7,7 M €	+3.1%	7,5 M €	+0.1%	7,5 M €	+0.1%	7,5 M €	-0.1%	7,5 M €	+59.2%	4,7 M €	-4.4%	4,9 M €	+22.0%	4 M €	+8.5%	3,7 M €	+30.2%	2,9 M €	+11.7%	2,6 M €	+17.9%	2,2 M €
Cash	921,8 k €	-45.3%	1,7 M €	-28.4%	2,4 M €	+2.7%	2,3 M €	+30.2%	1,8 M €	-10.0%	2 M €	+4.3%	1,9 M €	+6.8%	1,8 M €	+513%	286,7 k €	-38.4%	465,6 k €	+452%	84,4 k €	-42.5%	146,8 k €	+53.2%	95,8 k €	+219%	30,1 k €	-77.0%	130,8 k €	-59.4%	322,4 k €	+1077%	27,4 k €
Debts	3,3 M €	+1.6%	3,3 M €	+41.9%	2,3 M €	+11.1%	2,1 M €	-2.9%	2,1 M €	+0.5%	2,1 M €	-1.1%	2,2 M €	-4.9%	2,3 M €	-3.5%	2,4 M €	-7.3%	2,5 M €	+71.1%	1,5 M €	-5.5%	1,6 M €	-2.4%	1,6 M €	+17.7%	1,4 M €	+128%	599,8 k €	+31.4%	456,5 k €	+11.6%	409 k €
Other
Workforce	104,9 ETP	+10.0%	95,4 ETP	+13.4%	84,1 ETP	0.0%	84,1 ETP	+0.6%	83,6 ETP	-1.9%	85,2 ETP	+2.0%	83,5 ETP	-2.5%	85,6 ETP	+0.7%	85,0 ETP	-1.7%	86,5 ETP	+101%	43,0 ETP	-2.3%	44,0 ETP	-6.2%	46,9 ETP	+9.1%	43,0 ETP	+12.3%	38,3 ETP	0.0%	38,3 ETP	+11.0%	34,5 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 · 10 active · 63 ended

Active mandates

Christine Vandewalle

Mandate

Active

Dirk Vanbecelaere

Mandate

Active

Dominique Dehaene

Mandate

Active

Geert Vanlangendonck

Mandate

Active

Jacques Cappelle

Mandate

Active

Jan Vanbeselaere

Mandate

Active

Lieve Dhulst

Mandate

Active

Louis Sabbe

Mandate

Active

Luc Descamps

Mandate

Active

Sarah Allaert

Mandate

Active

Ended mandates

Christine Vandewalle

Director · since 03 juin 2024 · until 05 juin 2028

Ended

Jacques Cappelle

Director · since 03 juin 2024 · until 05 juin 2028

Ended

Louis Sabbe

Chairman of the board of directors · since 03 juin 2024 · until 05 juin 2028

Ended

Lieve Dhulst

Director · since 05 juin 2023 · until 05 juin 2027

Ended

At this address

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ICT-WORX● Active	0839.116.613

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	23/06/2026	20/06/2025	14/06/2024	08/06/2023	22/06/2022	22/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	13/06/2022	07/06/2021
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	01/06/2026	23/06/2026	Dutch	PDF
Full model	31/12/2024	02/06/2025	20/06/2025	Dutch	PDF
Full model	31/12/2023	03/06/2024	14/06/2024	Dutch	PDF
Full model	31/12/2022	05/06/2023	08/06/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	22/06/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	26/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	13/06/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	05/06/2018	Dutch	PDF
Full model	31/12/2016	12/06/2017	15/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/04/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	17/04/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	14/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/03/2011	09/05/2011	Dutch	PDF
Abridged model	31/12/2009	17/03/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/03/2009	12/05/2009	Dutch	PDF
Abridged model	31/12/2007	19/03/2008	06/05/2008	Dutch	PDF
Abridged model	31/12/2006	21/03/2007	07/05/2007	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 · 10 active · 63 ended

Active mandates

Christine Vandewalle

Mandate

Active

Dirk Vanbecelaere

Mandate

Active

Dominique Dehaene

Mandate

Active

Geert Vanlangendonck

Mandate

Active

Jacques Cappelle

Mandate

Active

Jan Vanbeselaere

Mandate

Active

Lieve Dhulst

Mandate

Active

Louis Sabbe

Mandate

Active

Luc Descamps

Mandate

Active

Sarah Allaert

Mandate

Active

Ended mandates

Christine Vandewalle

Director · since 03 juin 2024 · until 05 juin 2028

Ended

Jacques Cappelle

Director · since 03 juin 2024 · until 05 juin 2028

Ended

Louis Sabbe

Chairman of the board of directors · since 03 juin 2024 · until 05 juin 2028

Ended

Lieve Dhulst

Director · since 05 juin 2023 · until 05 juin 2027

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2023
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2021
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates15/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/12/2020
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 2025455,6 k €↑
2024
Annual accounts 2024290,6 k €↓
2022
Annual accounts 2022395,1 k €↓
2021
Annual accounts 2021574,5 k €↑
2020
Annual accounts 2020406,4 k €↑
2019
Annual accounts 2019393 k €↑
2018
Annual accounts 2018317,6 k €↓
2017
Annual accounts 2017370,3 k €↑
2016
Annual accounts 2016333,5 k €↑
2015
Annual accounts 2015111,3 k €↑
2014
Annual accounts 201451,4 k €↓
2014
Name changeVondels
2013
Annual accounts 2013227,3 k €↑
2012
Annual accounts 201219,7 k €↑
2011
Annual accounts 2011-19,8 k €↓
2010
Annual accounts 2010116,8 k €↑
2009
Annual accounts 200974,4 k €↑
2008
Annual accounts 200866,5 k €
2008
Name changeDiogenes
30/01/1975
IncorporationNon-profit organization

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

Vondels

Overview

What does Vondels do?

Trend over 17 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