ACTIVE

VANSTEELAND

Financial year 2025 · closed on 31/12/2025
Net result
433,9 k €
+29.4% YoY
Gross margin
2,6 M €
+4.8% YoY
Equity
2,7 M €
+3.2% YoY
Workforce
21,8 ETP
0.0% YoY

What does VANSTEELAND do?

VANSTEELAND is a Public limited company incorporated in 1979. Its registered office is in Izegem. It employs on average 21,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0419.829.559
Incorporation
01/10/1979
Legal form
Public limited company
Registered office
Rijksweg 28-30
8870 Izegem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
21,8 ETP
Joint committees (5)
  • 112
  • 11201
  • 200
  • 20000
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin2,6 M €2,5 M €2,2 M €1,9 M €1,8 M €2,0 M €1,9 M €
EBITDA724,5 k €604,2 k €765,6 k €683,8 k €444,1 k €190,9 k €312,6 k €137,5 k €105,2 k €133,4 k €179,8 k €409,4 k €493,2 k €469,5 k €104,0 k €675,4 k €856,8 k €329,3 k €
Operating result611,1 k €505,9 k €678,2 k €595,0 k €340,7 k €121,4 k €262,4 k €82,3 k €31,2 k €33,1 k €55,1 k €226,0 k €290,0 k €271,2 k €-68,6 k €426,0 k €654,1 k €125,6 k €
Net result433,9 k €335,3 k €496,3 k €436,9 k €240,6 k €64,8 k €149,5 k €42,2 k €69,7 k €15,4 k €-1,6 k €125,1 k €137,1 k €172,8 k €-89,1 k €198,9 k €365,8 k €38,2 k €
Balance sheet
Equity2,7 M €2,6 M €2,6 M €2,5 M €2,3 M €2,0 M €2,0 M €1,9 M €1,8 M €1,8 M €1,8 M €1,8 M €1,6 M €1,5 M €1,3 M €1,4 M €1,2 M €880,9 k €
Total assets5,1 M €4,8 M €5,2 M €6,0 M €4,6 M €5,2 M €3,3 M €4,0 M €3,2 M €3,9 M €4,5 M €5,5 M €6,3 M €5,6 M €5,1 M €6,4 M €6,7 M €5,1 M €
Cash1,9 M €1,7 M €940,7 k €3,1 M €1,9 M €588,4 k €961,8 k €495,4 k €606,9 k €248,8 k €280,6 k €255,5 k €86,7 k €96,0 k €499,6 k €472,5 k €400,3 k €362,5 k €
Debts2,3 M €2,1 M €2,4 M €3,4 M €2,3 M €3,2 M €1,3 M €2,0 M €1,4 M €2,1 M €2,7 M €3,7 M €4,7 M €4,1 M €3,8 M €5,0 M €5,5 M €4,2 M €
Other
Workforce21,8 ETP21,8 ETP20,3 ETP21,2 ETP21,8 ETP26,0 ETP28,4 ETP30,5 ETP32,0 ETP35,2 ETP40,3 ETP38,3 ETP37,7 ETP36,6 ETP37,3 ETP42,0 ETP40,2 ETP36,7 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 · 5 active · 59 ended

Active mandates

GVG SERVICE

Director · 0537.214.803

Represented by Geert VANSTEELAND

Active
IMMO SOMO

Director · 0475.354.933

Represented by Christ SOETE

Active
NOVADEM

Managing director · 0537.219.553

Represented by Noël VANSTEELAND

Active
SOMO INVEST

Chairman of the board of directors · 0892.681.793

Represented by Maria MORTIER

Active
VANMOBIL

Director · 0428.428.511

Represented by Ann SOETE

Active

Ended mandates

GVG SERVICE

Director · since 30 mai 2020 · until 23 juin 2021 · 0537.214.803

Represented by Geert Vansteeland

Ended
IMMO SOMO

Director · since 30 mai 2020 · until 23 juin 2021 · 0475.354.933

Represented by Christ Soete

Ended
NOVADEM

Managing director · since 30 mai 2020 · until 23 juin 2021 · 0537.219.553

Represented by Vansteeland Noël

Ended
SOMO INVEST

Director · since 30 mai 2020 · until 23 juin 2021 · 0892.681.793

Represented by Maria Mortier

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull 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 date28/07/202609/07/202524/06/202423/06/202305/07/202228/06/2021
General meeting24/07/202626/06/202505/06/202427/05/202322/06/202223/06/2021
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
Abridged model31/12/202524/07/202628/07/2026DutchPDF
Abridged model31/12/202426/06/202509/07/2025DutchPDF
Full model31/12/202305/06/202424/06/2024DutchPDF
Abridged model31/12/202227/05/202323/06/2023DutchPDF
Abridged model31/12/202122/06/202205/07/2022DutchPDF
Abridged model31/12/202023/06/202128/06/2021DutchPDF
Abridged model31/12/201930/05/202023/06/2020DutchPDF
Abridged model31/12/201831/05/201920/06/2019DutchPDF
Abridged model31/12/201725/05/201831/05/2018DutchPDF
Abridged model31/12/201629/05/201720/06/2017DutchPDF
Full model31/12/201527/05/201602/06/2016DutchPDF
Full model31/12/201429/05/201509/06/2015DutchPDF
Full model31/12/201330/05/201416/06/2014DutchPDF
Full model31/12/201225/05/201324/06/2013DutchPDF
Full model31/12/201126/05/201224/07/2012DutchPDF
Full model31/12/201028/05/201118/07/2011DutchPDF
Full model31/12/200929/05/201016/06/2010DutchPDF
Full model31/12/200830/05/200916/07/2009DutchPDF
Full model31/12/200731/05/200802/08/2008DutchPDF
Full model31/12/200626/05/200703/07/2007DutchPDF
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 · 5 active · 59 ended

Active mandates

GVG SERVICE

Director · 0537.214.803

Represented by Geert VANSTEELAND

Active
IMMO SOMO

Director · 0475.354.933

Represented by Christ SOETE

Active
NOVADEM

Managing director · 0537.219.553

Represented by Noël VANSTEELAND

Active
SOMO INVEST

Chairman of the board of directors · 0892.681.793

Represented by Maria MORTIER

Active
VANMOBIL

Director · 0428.428.511

Represented by Ann SOETE

Active

Ended mandates

GVG SERVICE

Director · since 30 mai 2020 · until 23 juin 2021 · 0537.214.803

Represented by Geert Vansteeland

Ended
IMMO SOMO

Director · since 30 mai 2020 · until 23 juin 2021 · 0475.354.933

Represented by Christ Soete

Ended
NOVADEM

Managing director · since 30 mai 2020 · until 23 juin 2021 · 0537.219.553

Represented by Vansteeland Noël

Ended
SOMO INVEST

Director · since 30 mai 2020 · until 23 juin 2021 · 0892.681.793

Represented by Maria Mortier

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2018
    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 2025433,9 k €
  2. 2024
    Annual accounts 2024335,3 k €
  3. 2023
    Annual accounts 2023496,3 k €
  4. 2022
    Annual accounts 2022436,9 k €
  5. 2021
    Annual accounts 2021240,6 k €
  6. 2018
    Annual accounts 201864,8 k €
  7. 2017
    Annual accounts 2017149,5 k €
  8. 2016
    Annual accounts 201642,2 k €
  9. 2015
    Annual accounts 201569,7 k €
  10. 2014
    Annual accounts 201415,4 k €
  11. 2013
    Annual accounts 2013-1,6 k €
  12. 2012
    Annual accounts 2012125,1 k €
  13. 2011
    Annual accounts 2011137,1 k €
  14. 2010
    Annual accounts 2010172,8 k €
  15. 2009
    Annual accounts 2009-89,1 k €
  16. 2008
    Annual accounts 2008198,9 k €
  17. 2007
    Annual accounts 2007365,8 k €
  18. 2006
    Annual accounts 200638,2 k €
  19. 01/10/1979
    IncorporationPublic limited company