ACTIVE

Veda

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Financial year 2025 · closed on 31/12/2025

Net result

531,5 k €

+18.6% YoY

Gross margin

2,0 M €

-1.5% YoY

Equity

4,4 M €

-15.7% YoY

Workforce

5,7 ETP

+5.6% YoY

What does Veda do?

Veda is a Public limited company incorporated in 1981. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Ingelmunster. It employs on average 5,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.954.552

Incorporation

19/09/1981

Legal form

Public limited company

Registered office

Nijverheidstraat 2 box A
8770 Ingelmunster · FlandreSee on map

Contributed capital

2 776 365,99 €

Latest accounts

31/12/2025

Average workforce

5,7 ETP

Activities (NACE)

69202Accounting, bookkeeping and auditing activities; tax consultancy· main 69209Accounting, bookkeeping and auditing activities; tax consultancy 70200Management consultancy activities 70220Business and other management consultancy activities 74121Specialised design activities 68203Rental and operating of own or leased real estate+1

Joint committees (6)

100
10000
119
200
20000
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,0 M €	-1.5%	2,0 M €	+20.1%	1,7 M €	+33.2%	1,3 M €	-33.3%	1,9 M €	+82.1%	1,0 M €	+0.4%	1,0 M €	+1.0%	1,0 M €	+1.8%	1,0 M €	-1.9%	1,0 M €	+7.0%	966,5 k €	+66.1%	581,9 k €	-40.4%	977,1 k €	+2.8%	950,5 k €	-1.9%	969,3 k €	-3.6%	1,0 M €	+31.9%	762,6 k €	+11.8%	682,2 k €
EBITDA	1,5 M €	-4.9%	1,6 M €	+50.0%	1,1 M €	+22.0%	890,2 k €	-41.7%	1,5 M €	+109%	729,4 k €	+51.1%	482,8 k €	-35.2%	745,1 k €	+1.6%	733,2 k €	+0.3%	731,0 k €	+6.2%	688,3 k €	+110%	328,1 k €	-55.6%	739,7 k €	-0.8%	745,4 k €	-3.2%	770,3 k €	-4.7%	808,3 k €	+37.9%	586,0 k €	+22.3%	479,1 k €
Operating result	1,1 M €	-6.8%	1,1 M €	+93.0%	586,2 k €	+45.7%	402,2 k €	-46.6%	752,7 k €	+91.3%	393,6 k €	+188%	136,5 k €	-63.8%	376,8 k €	-2.1%	384,9 k €	+6.2%	362,5 k €	+13.9%	318,2 k €	+875%	-41,1 k €	-111%	365,5 k €	-27.7%	505,8 k €	-7.8%	548,5 k €	+23.3%	444,7 k €	+91.2%	232,6 k €	-31.8%	341,0 k €
Net result	531,5 k €	+18.6%	448,2 k €	+34.5%	333,1 k €	+63.4%	203,9 k €	-83.3%	1,2 M €	+445%	224,6 k €	+790%	25,2 k €	+106%	-442,7 k €	-319%	202,0 k €	+21.5%	166,3 k €	-19.4%	206,3 k €	+20.7%	171,0 k €	-29.5%	242,7 k €	-35.1%	374,1 k €	-8.0%	406,4 k €	+86.4%	218,1 k €	+106%	105,6 k €	+185%	-124,1 k €
Balance sheet
Equity	4,4 M €	-15.7%	5,2 M €	+3.7%	5,1 M €	+4.8%	4,8 M €	+4.4%	4,6 M €	+52.9%	3,0 M €	+3.5%	2,9 M €	+0.9%	2,9 M €	-13.3%	3,3 M €	+2.2%	3,3 M €	+5.4%	3,1 M €	-6.8%	3,3 M €	+5.4%	3,2 M €	+8.3%	2,9 M €	+14.8%	2,5 M €	+19.1%	2,1 M €	+11.4%	1,9 M €	+5.9%	1,8 M €
Total assets	21,6 M €	+87.2%	11,5 M €	+0.9%	11,4 M €	-0.8%	11,5 M €	-4.2%	12,0 M €	+93.4%	6,2 M €	-3.3%	6,4 M €	-8.0%	7,0 M €	-14.5%	8,2 M €	-0.9%	8,2 M €	-5.3%	8,7 M €	-1.9%	8,9 M €	-1.1%	9,0 M €	+13.9%	7,9 M €	+3.9%	7,6 M €	+2.9%	7,4 M €	-4.3%	7,7 M €	+56.3%	4,9 M €
Cash	128,4 k €	-49.6%	255,0 k €	-3.4%	264,1 k €	+3.6%	255,0 k €	-32.5%	377,6 k €	+13.1%	334,0 k €	+31.4%	254,2 k €	-40.1%	424,4 k €	-21.6%	541,2 k €	+129%	236,4 k €	-47.9%	453,8 k €	+38.5%	327,7 k €	+758%	38,2 k €	-56.5%	87,8 k €	-79.8%	434,8 k €	+312%	105,4 k €	+52.7%	69,1 k €	+162%	26,3 k €
Debts	16,8 M €	+182%	6,0 M €	-2.8%	6,1 M €	-6.0%	6,5 M €	-10.2%	7,3 M €	+133%	3,1 M €	-10.8%	3,5 M €	-14.0%	4,1 M €	-15.6%	4,8 M €	-2.9%	5,0 M €	-11.3%	5,6 M €	+1.1%	5,5 M €	-4.5%	5,8 M €	+17.1%	4,9 M €	-1.6%	5,0 M €	-3.7%	5,2 M €	-9.4%	5,8 M €	+85.9%	3,1 M €
Other
Workforce	5,7 ETP	+5.6%	5,4 ETP	0.0%	5,4 ETP	+10.2%	4,9 ETP	-12.5%	5,6 ETP	+24.4%	4,5 ETP	+4.7%	4,3 ETP	+2.4%	4,2 ETP	0.0%	4,2 ETP	-2.3%	4,3 ETP	+2.4%	4,2 ETP	-2.3%	4,3 ETP	-17.3%	5,2 ETP	+6.1%	4,9 ETP	+4.3%	4,7 ETP	-11.3%	5,3 ETP	+15.2%	4,6 ETP	-8.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Paul Vanhonsebrouck

Managing director

Active

Sabine Lecot

Director

Active

Ended mandates

Marc Vanhonsebrouck

Director · since 02 juin 2020 · until 22 août 2023

Ended

Marc Vanhonsebrouck

Director

Ended

At this address

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Marcan● Active	0418.598.649
NICO● Active	0889.613.823
S.D.D.● Active	0417.723.966
VANGROU● Active	0454.876.847

Annual accounts

Full financial information

	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	14/07/2026	18/06/2025	13/08/2024	20/06/2023	07/07/2022	30/06/2021
General meeting	30/06/2026	03/06/2025	28/06/2024	30/05/2023	07/06/2022	31/05/2021
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
Abridged model	31/12/2025	30/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	18/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	13/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	20/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	04/07/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	14/06/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	13/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	24/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 2 active · 2 ended

Active mandates

Paul Vanhonsebrouck

Managing director

Active

Sabine Lecot

Director

Active

Ended mandates

Marc Vanhonsebrouck

Director · since 02 juin 2020 · until 22 août 2023

Ended

Marc Vanhonsebrouck

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/07/2004
BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/04/2003
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 2025531,5 k €↑
2024
Annual accounts 2024448,2 k €↑
2023
Annual accounts 2023333,1 k €↑
2022
Annual accounts 2022203,9 k €↓
2021
Annual accounts 20211,2 M €↑
2018
Annual accounts 2018224,6 k €↑
2017
Annual accounts 201725,2 k €↑
2016
Annual accounts 2016-442,7 k €↓
2015
Annual accounts 2015202,0 k €↑
2014
Annual accounts 2014166,3 k €↓
2013
Annual accounts 2013206,3 k €↑
2012
Annual accounts 2012171,0 k €↓
2011
Annual accounts 2011242,7 k €↓
2010
Annual accounts 2010374,1 k €↓
2009
Annual accounts 2009406,4 k €↑
2008
Annual accounts 2008218,1 k €↑
2007
Annual accounts 2007105,6 k €↑
2006
Annual accounts 2006-124,1 k €
19/09/1981
IncorporationPublic limited company

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

Veda

Overview

What does Veda do?

Trend over 18 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