ACTIVE

V.D.

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Financial year 2025 · Closed on 31/12/2025

Net result30,7 k €+424,9 %over 1 year

Gross margin831,8 k €+15,2 %over 1 year

Equity1,6 M €-0,7 %over 1 year

Workforce9,2 ETP+5,7 %over 1 year

Identity

Source · BCE/KBO

V.D. is a Public limited company incorporated in 1975. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Liedekerke. It employs on average 9,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0415.571.259
Incorporation: 17/12/1975
Legal form: Public limited company
Registered office: Nijverheidszone 'Begijnenmeers' 53
1770 Liedekerke · FlandreSee on map
Contributed capital: 414 301,59 €
Latest accounts: 31/12/2025
Average workforce: 9,2 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46742Wholesale of hardware, plumbing and heating equipment and supplies 46831Wholesale trade, except of motor vehicles and motorcycles 46842Wholesale trade, except of motor vehicles and motorcycles 51532Air transport 51542Air transport+9

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	831,8 k €	+15.2%	721,8 k €	-27.4%	994,2 k €	-14.1%	1,2 M €	+14.2%	1 M €
EBITDA	52,6 k €	+398%	10,5 k €	-97.2%	373,8 k €	-32.2%	551 k €	+17.9%	467,5 k €
Operating result	-9,5 k €	+64.7%	-26,9 k €	-109%	306,5 k €	-35.0%	471,4 k €	+23.3%	382,3 k €
Net result	30,7 k €	+425%	5,8 k €	-97.7%	255,3 k €	-31.7%	373,7 k €	+36.9%	273 k €
Balance sheet
Equity	1,6 M €	-0.7%	1,6 M €	-10.8%	1,8 M €	+15.7%	1,5 M €	+32.2%	1,2 M €
Total assets	2,4 M €	+4.2%	2,3 M €	-14.9%	2,7 M €	+1.3%	2,6 M €	+10.7%	2,4 M €
Cash	174,9 k €	-14.7%	205,1 k €	+10.6%	185,5 k €	+44.8%	128,1 k €	+39.7%	91,7 k €
Debts	787 k €	+15.5%	681,2 k €	-22.8%	882,7 k €	-18.9%	1,1 M €	-10.1%	1,2 M €
Other
Workforce	9,2 ETP	+5.7%	8,7 ETP	-1.1%	8,8 ETP	-8.3%	9,6 ETP	-2.0%	9,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lieven De Brandt	Directorsince 15/07/2011
Anneke Van Driessche	Managing directorsince 17/05/2003

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emilienne Moens	Director17/05/2003 → 2015 accounts

Other companies at this address

Nijverheidszone 'Begijnenmeers' 53 1770 Liedekerke

Company	CBE no.
VD NATION● Active	1011.154.724

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	07/07/2026	04/06/2025	30/05/2024	28/03/2023	04/04/2022	30/06/2021
General meeting	30/06/2026	16/05/2025	17/05/2024	27/03/2023	31/03/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	07/07/2026	Dutch	PDF
Abridged model	31/12/2024	16/05/2025	04/06/2025	Dutch	PDF
Abridged model	31/12/2023	17/05/2024	30/05/2024	Dutch	PDF
Abridged model	31/12/2022	27/03/2023	28/03/2023	Dutch	PDF
Abridged model	31/12/2021	31/03/2022	04/04/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	17/08/2020	03/09/2020	Dutch	PDF
Abridged model	31/12/2018	18/05/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/05/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	22/07/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	19/05/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	17/05/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	28/05/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	20/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lieven De Brandt	Directorsince 15/07/2011
Anneke Van Driessche	Managing directorsince 17/05/2003

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emilienne Moens	Director17/05/2003 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring26/07/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/04/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates05/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/01/2016
Kapitaalsverhoging - Inbreng rekening-courant - Statutenwijziging
PDF
Mandates22/07/2014
Herbenoeming (gedelegeerd) bestuurders
PDF
Mandates30/08/2012
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Lieven De Brandt

Anneke Van Driessche

Emilienne Moens

Filip Loveniers

1975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

V.D.

Nijverheidszone 'Begijnenmeers' 53, 1770 Liedekerke

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Nijverheidszone 'Begijnenmeers' 53, 1770 LiedekerkeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00269914

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
V.D.Current	accounts 2006 → 2025	Accounts 2025 · 2026-00269914

Events

2025
Annual accounts 202530,7 k €↑
2024
Annual accounts 20245,8 k €↓
2023
Annual accounts 2023255,3 k €↓
2022
Annual accounts 2022373,7 k €↑
2021
Annual accounts 2021273 k €↑
2020
Annual accounts 2020140,7 k €↑
2019
Annual accounts 201940,4 k €↑
2018
Annual accounts 20188 k €↓
2017
Annual accounts 201715,3 k €↓
2016
Annual accounts 201622,9 k €↑
2015
Annual accounts 20153,6 k €↑
2014
Annual accounts 20143,6 k €↓
2013
Annual accounts 201321,5 k €↑
2012
Annual accounts 2012-25,3 k €↑
2011
Annual accounts 2011-56,3 k €↓
2010
Annual accounts 201012,9 k €↑
2009
Annual accounts 200910,7 k €↑
2008
Annual accounts 2008-41,2 k €↑
2007
Annual accounts 2007-74,2 k €↓
2006
Annual accounts 20065,2 k €
17/12/1975
IncorporationPublic limited company

V.D.

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

Registered offices

Company names

Events