ACTIVE

VERGOKAN

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Financial year 2025 · Closed on 30/09/2025

Net result6,1 M €+12,6 %over 1 year

Revenue52,5 M €+10,1 %over 1 year

Equity36,5 M €+20,1 %over 1 year

Workforce107,4 ETP+5,3 %over 1 year

Identity

Source · BCE/KBO

VERGOKAN is a Public limited company incorporated in 1982. Its main activity is: Manufacture of other fabricated metal products n.e.c.. Its registered office is in Oudenaarde. It employs on average 107,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0422.878.131
Incorporation: 07/07/1982
Legal form: Public limited company
Registered office: Meersbloem-Melden 16
9700 Oudenaarde · FlandreSee on map
Contributed capital: 13 281 842,37 €
Latest accounts: 30/09/2025
Average workforce: 107,4 ETP

Activities (NACE)

25999Manufacture of other fabricated metal products n.e.c.· main 25999Manufacture of other fabricated metal products n.e.c.28755Manufacture of machinery and equipment n.e.c.43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories+9

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	52,5 M €	+10.1%	47,6 M €	-2.1%	48,7 M €	+6.2%	45,8 M €	+31.6%	34,8 M €
EBITDA	9,4 M €	+24.2%	7,6 M €	+7.9%	7 M €	+36.5%	5,1 M €	+34.9%	3,8 M €
Operating result	8,6 M €	+27.4%	6,8 M €	+13.8%	5,9 M €	+68.8%	3,5 M €	+53.1%	2,3 M €
Net result	6,1 M €	+12.6%	5,4 M €	+12.1%	4,8 M €	+157%	1,9 M €	+15.5%	1,6 M €
Balance sheet
Equity	36,5 M €	+20.1%	30,4 M €	+21.7%	25 M €	+24.0%	20,1 M €	+10.3%	18,2 M €
Total assets	48 M €	+7.4%	44,7 M €	+15.1%	38,9 M €	+4.9%	37 M €	+23.1%	30,1 M €
Cash	11,5 M €	+2.8%	11,2 M €	+318%	2,7 M €	+99.0%	1,3 M €	+35.2%	993,7 k €
Debts	11,3 M €	-20.0%	14,2 M €	+3.7%	13,7 M €	-16.5%	16,4 M €	+44.7%	11,3 M €
Other
Workforce	107,4 ETP	+5.3%	102,0 ETP	+2.1%	99,9 ETP	+8.9%	91,7 ETP	+7.6%	85,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl JONES	Director01/10/2018 → 19/02/2030
Paul MERRICK	Director01/10/2018 → 19/02/2030
Vergokan International0889.535.134Represented by Gino Declercq HURAX	Mandate01/10/2018 → 17/02/2026Managing director16/05/2007 → 2013 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ASTERIAN0882.387.917Represented by Geert Vanderstappen	Director24/06/2013 → 2013 accounts
PENTAHOLD0882.459.577Represented by Karel Gielen	Director24/06/2013 → 2013 accounts

Other companies at this address

Meersbloem-Melden 16 9700 Oudenaarde

Company	CBE no.
Vergokan International● Active	0889.535.134

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	m90-f	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2026	28/03/2025	18/03/2024	21/03/2023	09/03/2022	10/03/2021
General meeting	–	18/02/2025	20/02/2024	21/02/2023	15/02/2022	16/02/2021
Currency of the financial year	USD	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
Full model	30/09/2025	17/02/2026	10/03/2026	Dutch	PDF
m90-f	30/09/2025	—	30/09/2026	Dutch	PDF
Full model	30/09/2024	18/02/2025	28/03/2025	Dutch	PDF
Full model	30/09/2023	20/02/2024	18/03/2024	Dutch	PDF
Full model	30/09/2022	21/02/2023	21/03/2023	Dutch	PDF
Full model	30/09/2021	15/02/2022	09/03/2022	Dutch	PDF
Full model	30/09/2020	16/02/2021	10/03/2021	Dutch	PDF
Full model	30/09/2019	30/03/2020	31/03/2020	Dutch	PDF
Full model	31/12/2017	25/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	27/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	25/07/2014	Dutch	PDF
Full model	31/12/2012	24/06/2013	23/07/2013	Dutch	PDF
Full model	31/12/2011	25/06/2012	06/07/2012	Dutch	PDF
Full model	31/12/2010	27/06/2011	25/07/2011	Dutch	PDF
Full model	31/12/2009	28/06/2010	19/07/2010	Dutch	PDF
Full model	31/12/2008	29/06/2009	14/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	02/07/2008	Dutch	PDF
Full model	31/12/2006	30/06/2007	28/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 30/09/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl JONES	Director01/10/2018 → 19/02/2030
Paul MERRICK	Director01/10/2018 → 19/02/2030
Vergokan International0889.535.134Represented by Gino Declercq HURAX	Mandate01/10/2018 → 17/02/2026Managing director16/05/2007 → 2013 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ASTERIAN0882.387.917Represented by Geert Vanderstappen	Director24/06/2013 → 2013 accounts
PENTAHOLD0882.459.577Represented by Karel Gielen	Director24/06/2013 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/10/2019
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other18/01/2019
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates09/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2017
ONTSLAGEN - BENOEMINGEN
PDF

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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

Filings19 filings

Mandates

Carl JONES

Paul MERRICK

Vergokan International

ASTERIAN

PENTAHOLD

Ernst et Young Reviseurs d'Entreprises

Moore Audit

Annemie VAN MAERCKE

STEVEN VERGALLE

VAN LOON EN PARTNER BVBA

1982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

VERGOKAN

Meersbloem-Melden 16, 9700 Oudenaarde

Director

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Meersbloem-Melden 16, 9700 OudenaardeCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00552178

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VERGOKANCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00552178

Events

2025
Annual accounts 20256,1 M €↑
2024
Annual accounts 20245,4 M €↑
2023
Annual accounts 20234,8 M €↑
2022
Annual accounts 20221,9 M €↑
2021
Annual accounts 20211,6 M €↑
2020
Annual accounts 2020840 k €↓
2019
Annual accounts 20191,1 M €↑
2017
Annual accounts 2017558,9 k €↓
2016
Annual accounts 20162 M €↑
2015
Annual accounts 2015-942,6 k €↑
2014
Annual accounts 2014-2,4 M €↓
2013
Annual accounts 2013559,6 k €↓
2012
Annual accounts 2012947,5 k €↓
2011
Annual accounts 20112,4 M €↑
2010
Annual accounts 20101,4 M €↑
2009
Annual accounts 2009-2,1 M €↓
2008
Annual accounts 20083,6 M €↑
2007
Annual accounts 20072,6 M €↓
2006
Annual accounts 20062,8 M €
07/07/1982
IncorporationPublic limited company

VERGOKAN

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