ACTIVE

VANEFLON

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Financial year 2025 · Closed on 31/12/2025

Net result2,4 M €+6,4 %over 1 year

Revenue11,9 M €+3,8 %over 1 year

Equity2,2 M €-4,6 %over 1 year

Workforce41,9 ETP+5,3 %over 1 year

Identity

Source · BCE/KBO

VANEFLON is a Public limited company incorporated in 1976. Its main activity is: Manufacture of industrial gases. Its registered office is in Hamme (Vl.). It employs on average 41,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0416.005.581
Incorporation: 01/05/1976
Legal form: Public limited company
Registered office: Zwaarveld 12
9220 Hamme (Vl.) · FlandreSee on map
Contributed capital: 211 000,00 €
Latest accounts: 31/12/2025
Average workforce: 41,9 ETP

Activities (NACE)

20110Manufacture of industrial gases· main 20110Manufacture of industrial gases 22260Manufacture of plastic products 22290Manufacture of other plastic products 24110Manufacture of basic iron and steel and of ferro-alloys 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (4)

111
1110
209
2090

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	11,9 M €	+3.8%	11,4 M €		–		15,6 M €	+52.9%	10,2 M €
EBITDA	3,2 M €	+6.6%	3 M €	+2.5%	3 M €	-15.6%	3,5 M €	+59.2%	2,2 M €
Operating result	2,9 M €	+6.2%	2,7 M €	-0.9%	2,8 M €	-17.1%	3,3 M €	+63.9%	2 M €
Net result	2,4 M €	+6.4%	2,3 M €	+0.3%	2,3 M €	-53.8%	5 M €	+200%	1,7 M €
Balance sheet
Equity	2,2 M €	-4.6%	2,3 M €	-4.3%	2,4 M €	-25.0%	3,3 M €	-12.3%	3,7 M €
Total assets	8,3 M €	+20.1%	6,9 M €	-2.9%	7,1 M €	-1.7%	7,2 M €	+25.3%	5,8 M €
Cash	103,3 k €	-84.7%	674,5 k €	-60.9%	1,7 M €	+59.0%	1,1 M €	-0.7%	1,1 M €
Debts	5,4 M €	+40.7%	3,9 M €	-2.2%	3,9 M €	+22.6%	3,2 M €	+60.8%	2 M €
Other
Workforce	41,9 ETP	+5.3%	39,8 ETP	-7.0%	42,8 ETP	-8.2%	46,6 ETP	+1.5%	45,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
OPPAC0469.691.816Represented by Vander STICHELE JAN	Director08/10/2021 → 08/10/2027Managing director08/10/2021 → 2024 accountsendedMandate2022 accountsended
Vanéflon Holding0775.448.187Represented by Nicolas Vander Stichele	Director08/10/2021 → 08/10/2027Chairman of the board of directors08/10/2021 → 2024 accountsendedMandate2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
6GP0831.696.014Represented by Henri VANDER STICHELE	Managing director01/06/2020 → 2020 accounts
DRS Management Consulting0812.142.495Represented by Marc DAELEMANS	Director10/11/2016 → 2020 accounts
WaasWest0418.923.994Represented by Gaston VAN BOGAERT	Director01/06/2020 → 2020 accounts

Other companies at this address

Zwaarveld 12 9220 Hamme (Vl.)

Company	CBE no.
6GP● Active	0831.696.014
Vanéflon Holding● Active	0775.448.187

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full 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	23/06/2026	10/07/2025	03/07/2024	20/07/2023	01/07/2022	22/06/2021
General meeting	15/06/2026	02/06/2025	03/06/2024	11/07/2023	06/06/2022	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	23/06/2026	Dutch	PDF
Full modelCorrection	31/12/2024	02/06/2025	10/07/2025	Dutch	PDF
Full model	31/12/2024	02/06/2025	13/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	11/07/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	06/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	16/07/2020	17/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	05/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025

2 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
OPPAC0469.691.816Represented by Vander STICHELE JAN	Director08/10/2021 → 08/10/2027Managing director08/10/2021 → 2024 accountsendedMandate2022 accountsended
Vanéflon Holding0775.448.187Represented by Nicolas Vander Stichele	Director08/10/2021 → 08/10/2027Chairman of the board of directors08/10/2021 → 2024 accountsendedMandate2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
6GP0831.696.014Represented by Henri VANDER STICHELE	Managing director01/06/2020 → 2020 accounts
DRS Management Consulting0812.142.495Represented by Marc DAELEMANS	Director10/11/2016 → 2020 accounts
WaasWest0418.923.994Represented by Gaston VAN BOGAERT	Director01/06/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2014
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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

OPPAC

Vanéflon Holding

WaasWest

DRS Management Consulting

6GP

BRYHER

VABO

ELFAM

Peter SCHOLLIERS

Gilbert VANHEE

1976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

VANEFLON

Zwaarveld 12, 9220 Hamme

DirectorManaging director

DirectorChairman of the board of directors

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zwaarveld 12, 9220 HammeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00190639

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VANEFLONCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00190639

Events

2025
Annual accounts 20252,4 M €↑
2024
Annual accounts 20242,3 M €↑
2023
Annual accounts 20232,3 M €↓
2022
Annual accounts 20225 M €↑
2021
Annual accounts 20211,7 M €↓
2020
Annual accounts 20201,9 M €↑
2019
Annual accounts 20191,5 M €↓
2018
Annual accounts 20181,7 M €↑
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016969,2 k €↑
2015
Annual accounts 2015929,2 k €↓
2014
Annual accounts 20141,3 M €↑
2013
Annual accounts 2013948,6 k €↓
2012
Annual accounts 20121,1 M €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 2010815,3 k €↑
2009
Annual accounts 2009696 k €↓
2008
Annual accounts 2008703,2 k €↓
2007
Annual accounts 2007796,1 k €↓
2006
Annual accounts 2006963,7 k €
01/05/1976
IncorporationPublic limited company

VANEFLON

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