ACTIVE

VEDEL

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Financial year 2024 · closed on 31/12/2024

Net result

40,5 k €

+86.8% YoY

Gross margin

78,3 k €

+71.7% YoY

Equity

151,6 k €

+36.4% YoY

What does VEDEL do?

VEDEL is a Private limited company incorporated in 1983. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Grez-Doiceau.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.647.993

Incorporation

19/01/1983

Legal form

Private limited company

Registered office

Avenue Fernand Labby 25 A
1390 Grez-Doiceau · WallonieSee on map

Contributed capital

8 676,27 €

Latest accounts

31/12/2024

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	78,3 k €	+71.7%	45,6 k €	+73.0%	26,4 k €	+8.8%	24,2 k €	+9.4%	22,1 k €	-67.6%	68,4 k €	+83.4%	37,3 k €	+2.0%	36,6 k €	+17.7%	31,1 k €	+752%	-4,8 k €	0.0%	-4,8 k €	+41.4%	-8,1 k €	+4.0%	-8,5 k €	-654%	1,5 k €	-19.6%	1,9 k €	-50.3%	3,8 k €	-31.0%	5,5 k €
EBITDA	76,6 k €	+83.7%	41,7 k €	+67.5%	24,9 k €	+8.4%	22,9 k €	+9.7%	20,9 k €	-68.8%	67,1 k €	+83.5%	36,6 k €	+14.6%	31,9 k €	+7.1%	29,8 k €	+531%	-6,9 k €	0.0%	-6,9 k €	+17.3%	-8,4 k €	+4.4%	-8,8 k €	-924%	1,1 k €	-8.4%	1,2 k €	-62.1%	3,1 k €	-39.6%	5,1 k €
Operating result	58,1 k €	+79.6%	32,3 k €	+74.7%	18,5 k €	+7.5%	17,2 k €	+5.0%	16,4 k €	-74.0%	63 k €	+81.6%	34,7 k €	+17.1%	29,6 k €	+7.1%	27,7 k €	+297%	-14,1 k €	0.0%	-14,1 k €	-13.6%	-12,4 k €	-14.5%	-10,8 k €	-552%	-1,7 k €	+16.7%	-2 k €	-320%	-474 €	-145%	1,1 k €
Net result	40,5 k €	+86.8%	21,6 k €	+59.3%	13,6 k €	+31.4%	10,3 k €	+241%	3 k €	-92.5%	40,7 k €	+59.8%	25,5 k €	+23.6%	20,6 k €	-23.3%	26,9 k €	+285%	-14,5 k €	0.0%	-14,5 k €	-13.6%	-12,8 k €	-16.9%	-10,9 k €	-525%	-1,7 k €	+18.6%	-2,1 k €	-328%	-502 €	-377%	181 €
Balance sheet
Equity	151,6 k €	+36.4%	111,2 k €	+24.2%	89,5 k €	+17.9%	75,9 k €	+15.8%	65,6 k €	+4.9%	62,6 k €	+187%	21,8 k €	+697%	-3,7 k €	+84.9%	-24,3 k €	-2.5%	-23,7 k €	0.0%	-23,7 k €	+45.5%	-43,4 k €	-41.7%	-30,6 k €	-55.4%	-19,7 k €	-9.7%	-18 k €	-13.6%	-15,8 k €	-3.3%	-15,3 k €
Total assets	214,1 k €	+34.2%	159,5 k €	-1.3%	161,7 k €	+27.2%	127,1 k €	-7.9%	138 k €	+7.2%	128,8 k €	+177%	46,4 k €	+31.9%	35,2 k €	+29.6%	27,2 k €	-0.9%	27,4 k €	0.0%	27,4 k €	+46.8%	18,7 k €	-72.9%	68,8 k €	+9.2%	63 k €	+263%	17,4 k €	-31.5%	25,3 k €	+68.5%	15 k €
Cash	3,7 k €	-63.4%	10,2 k €	+101%	5,1 k €	-24.3%	6,7 k €	-63.8%	18,6 k €	-27.2%	25,5 k €	+620%	3,5 k €	-13.7%	4,1 k €	+251%	1,2 k €	+133%	503 €	0.0%	503 €	-89.6%	4,8 k €	+794%	539 €	-43.6%	956 €	-34.1%	1,5 k €	+56.9%	925 €	+104%	453 €
Debts	62,5 k €	+29.3%	48,3 k €	-33.0%	72,1 k €	+40.9%	51,2 k €	-29.3%	72,4 k €	+9.3%	66,2 k €	+169%	24,6 k €	-36.7%	38,9 k €	-24.4%	51,4 k €	+0.7%	51,1 k €	0.0%	51,1 k €	-17.7%	62,1 k €	-37.6%	99,4 k €	+20.2%	82,7 k €	+134%	35,3 k €	-14.1%	41,1 k €	+35.6%	30,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Grégoire DE WANDELEER

Mandate

Active

Ended mandates

Grégoire DEWANDELEER

Mandate

Ended

Jean VANDERLINDEN

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
BILLION IDEAS● Active	0840.640.008

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/10/2025	07/10/2024	31/08/2023	13/12/2022	16/10/2021	23/11/2020
General meeting	02/06/2025	03/06/2024	05/06/2023	06/06/2022	05/06/2021	07/06/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	02/06/2025	19/10/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	07/10/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	13/12/2022	French	PDF
Abridged model	31/12/2020	05/06/2021	16/10/2021	French	PDF
Abridged model	31/12/2019	07/06/2020	23/11/2020	French	PDF
Abridged model	31/12/2018	08/06/2019	22/10/2019	French	PDF
Abridged model	31/12/2017	05/06/2018	25/10/2018	French	PDF
Abridged model	31/12/2016	04/06/2017	03/10/2017	French	PDF
Abridged model	31/12/2015	02/06/2016	03/04/2017	French	PDF
Abridged model	31/12/2014	04/06/2016	06/04/2017	French	PDF
Abridged model	31/12/2011	12/06/2012	14/04/2014	French	PDF
Abridged model	31/12/2010	02/06/2012	16/09/2013	French	PDF
Abridged model	31/12/2009	02/06/2010	08/10/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	08/06/2009	French	PDF
Abridged model	31/12/2007	24/06/2008	22/08/2008	French	PDF
Abridged model	31/12/2006	27/06/2007	20/08/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Grégoire DE WANDELEER

Mandate

Active

Ended mandates

Grégoire DEWANDELEER

Mandate

Ended

Jean VANDERLINDEN

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
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

2024
Annual accounts 202440,5 k €↑
2023
Annual accounts 202321,6 k €↑
2022
Annual accounts 202213,6 k €↑
2021
Annual accounts 202110,3 k €↑
2020
Annual accounts 20203 k €↓
2019
Annual accounts 201940,7 k €↑
2018
Annual accounts 201825,5 k €↑
2017
Annual accounts 201720,6 k €↓
2016
Annual accounts 201626,9 k €↑
2015
Annual accounts 2015-14,5 k €↑
2014
Annual accounts 2014-14,5 k €↓
2011
Annual accounts 2011-12,8 k €↓
2010
Annual accounts 2010-10,9 k €↓
2009
Annual accounts 2009-1,7 k €↑
2008
Annual accounts 2008-2,1 k €↓
2007
Annual accounts 2007-502 €↓
2006
Annual accounts 2006181 €
19/01/1983
IncorporationPrivate 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

VEDEL

Overview

What does VEDEL do?

Trend over 17 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