VAES
0423.947.309 · rovalta.com · 22/09/2026
ACTIVE
VAES
Financial year 2025 · closed on 31/12/2025
Net result
13,7 k €
+279.4% YoY
Gross margin
22,7 k €
+7150.8% YoY
Equity
502,3 k €
+2.8% YoY
Overview
What does VAES do?
VAES is a Private limited company incorporated in 1983. Its registered office is in Wuustwezel.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0423.947.309
Incorporation
15/04/1983
Legal form
Private limited company
Registered office
Kruisdreef 11
2990 Wuustwezel · FlandreSee on map
2990 Wuustwezel · FlandreSee on map
Contributed capital
49 578,70 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 22,7 k € | +7151% | -321,5 € | -111% | 2,9 k € | +142% | -6,8 k € | +74.8% | -27 k € | -135% | 78,1 k € | +25.2% | 62,4 k € | +56.8% | 39,8 k € | +670% | 5,2 k € | -65.8% | 15,1 k € | -75.3% | 61,1 k € | -74.6% | 240,8 k € | +477% | -63,9 k € | -267% | 38,3 k € | -29.4% | 54,3 k € | +1098% | -5,4 k € | -123% | 23,9 k € | +148% | 9,6 k € | +61.3% | 6 k € |
| EBITDA | 22 k € | +2497% | -917,9 € | -143% | 2,1 k € | +129% | -7,3 k € | +73.4% | -27,6 k € | -116% | 172,6 k € | +926% | 16,8 k € | +264% | -10,3 k € | -304% | 5 k € | -66.3% | 15 k € | -75.4% | 61 k € | -74.7% | 240,6 k € | +201% | -237,1 k € | -826% | 32,7 k € | -30.1% | 46,7 k € | +502% | -11,6 k € | -200% | 11,6 k € | +118% | 5,3 k € | +113% | -41,3 k € |
| Operating result | 9,2 k € | +167% | -13,7 k € | -739% | 2,1 k € | +129% | -7,3 k € | +73.4% | -27,6 k € | -116% | 172,6 k € | +926% | 16,8 k € | +264% | -10,3 k € | -304% | 5 k € | -66.3% | 15 k € | -70.6% | 50,9 k € | -77.9% | 230,6 k € | +193% | -247,2 k € | -1194% | 22,6 k € | -38.3% | 36,6 k € | +340% | -15,3 k € | -26.7% | -12 k € | -126% | -5,3 k € | +90.0% | -53,4 k € |
| Net result | 13,7 k € | +279% | -7,6 k € | -266% | 4,6 k € | +161% | -7,5 k € | +72.7% | -27,4 k € | -123% | 117,5 k € | +697% | 14,7 k € | +243% | -10,3 k € | -335% | 4,4 k € | -66.8% | 13,2 k € | -73.1% | 49,1 k € | -78.5% | 228,8 k € | +228% | -179,2 k € | -959% | 20,9 k € | -80.9% | 109,3 k € | +807% | -15,4 k € | -22.5% | -12,6 k € | +51.2% | -25,8 k € | +75.3% | -104,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 502,3 k € | +2.8% | 488,6 k € | -1.5% | 496,3 k € | +0.7% | 492,9 k € | -1.7% | 501,5 k € | -5.2% | 529 k € | +28.5% | 411,5 k € | +3.7% | 396,8 k € | -35.8% | 618,1 k € | +0.7% | 613,7 k € | +2.2% | 600,5 k € | +8.9% | 551,3 k € | +71.0% | 322,5 k € | -51.0% | 657,5 k € | +3.3% | 636,7 k € | +5.7% | 602,2 k € | +55.6% | 387 k € | -3.2% | 399,6 k € | -6.1% | 425,4 k € |
| Total assets | 509,2 k € | +3.3% | 492,8 k € | -1.0% | 497,6 k € | -0.1% | 498,4 k € | -1.0% | 503,6 k € | -9.6% | 557,3 k € | +8.6% | 513 k € | +9.1% | 470,1 k € | -24.6% | 623,1 k € | +0.9% | 617,7 k € | -12.2% | 703,2 k € | +7.6% | 653,5 k € | +101% | 325,1 k € | -61.1% | 835 k € | +2.4% | 815,6 k € | +3.8% | 786 k € | +25.1% | 628,3 k € | +53.4% | 409,6 k € | -27.5% | 564,8 k € |
| Cash | 51,6 k € | +80.1% | 28,7 k € | +9.3% | 26,2 k € | -79.8% | 129,8 k € | +9.1% | 119 k € | +2.5% | 116 k € | -44.5% | 209 k € | +31.3% | 159,1 k € | -24.0% | 209,4 k € | -29.0% | 295 k € | +170% | 109,5 k € | -34.1% | 166 k € | +13074% | 1,3 k € | – | – | – | – | – | – | ||||||
| Debts | 2,6 k € | +193% | 891 € | -34.9% | 1,4 k € | -75.1% | 5,5 k € | +168% | 2,1 k € | -92.8% | 28,4 k € | +334% | 6,5 k € | -70.8% | 22,4 k € | +443% | 4,1 k € | +28.0% | 3,2 k € | -96.9% | 102,7 k € | +0.6% | 102,1 k € | +3788% | 2,6 k € | -98.5% | 177,5 k € | -0.8% | 179 k € | -2.6% | 183,8 k € | -23.9% | 241,3 k € | +2312% | 10 k € | -92.8% | 139 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,5 ETP | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 16 ended
Active mandates
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
byPieternel● Active | 1019.401.110 |
GRONDBALANS● Active | 0875.403.323 |
VDH-M● Active | 0743.971.984 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro 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 | 17/04/2026 | 05/03/2025 | 19/04/2024 | 05/04/2023 | 27/06/2022 | 07/04/2021 |
| General meeting | 14/04/2026 | 25/02/2025 | 06/04/2024 | 01/04/2023 | 02/04/2022 | 03/04/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 14/04/2026 | 17/04/2026 | Dutch | |
| Micro model | 31/12/2024 | 25/02/2025 | 05/03/2025 | Dutch | |
| Micro model | 31/12/2023 | 06/04/2024 | 19/04/2024 | Dutch | |
| Abridged model | 31/12/2022 | 01/04/2023 | 05/04/2023 | Dutch | |
| Abridged model | 31/12/2021 | 02/04/2022 | 27/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 03/04/2021 | 07/04/2021 | Dutch | |
| Abridged model | 31/12/2019 | 04/04/2020 | 03/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 06/04/2019 | 30/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 07/04/2018 | 13/04/2018 | Dutch | |
| Abridged model | 31/12/2016 | 01/04/2017 | 19/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 02/04/2016 | 11/04/2016 | Dutch | |
| Abridged model | 31/12/2014 | 04/04/2015 | 01/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 05/04/2014 | 09/04/2014 | Dutch | |
| Abridged model | 31/12/2012 | 26/04/2013 | 03/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 07/06/2012 | 10/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 02/04/2011 | 02/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 26/05/2010 | 27/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 04/04/2009 | 22/04/2009 | Dutch | |
| Abridged modelCorrection | 31/12/2007 | 07/04/2008 | 29/09/2008 | Dutch | |
| Abridged model | 31/12/2007 | 07/04/2008 | 09/05/2008 | Dutch | |
| Abridged model | 31/12/2006 | 07/04/2007 | 25/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 16 ended
Active mandates
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/10/2023WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office09/09/2019MAATSCHAPPELIJKE ZETEL
- Mandates21/09/2018ONTSLAGEN - BENOEMINGEN
- Registered office24/12/2013MAATSCHAPPELIJKE ZETEL
- Mandates16/05/2013ONTSLAGEN - BENOEMINGEN
- Mandates03/01/2013ONTSLAGEN - BENOEMINGEN
- Mandates03/01/2012ONTSLAGEN - BENOEMINGEN
- Mandates13/03/2007ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202513,7 k €↑
- 2024Annual accounts 2024-7,6 k €↓
- 2023Annual accounts 20234,6 k €↑
- 2022Annual accounts 2022-7,5 k €↑
- 2021Annual accounts 2021-27,4 k €↓
- 2020Annual accounts 2020117,5 k €↑
- 2019Annual accounts 201914,7 k €↑
- 2018Annual accounts 2018-10,3 k €↓
- 2017Annual accounts 20174,4 k €↓
- 2016Annual accounts 201613,2 k €↓
- 2015Annual accounts 201549,1 k €↓
- 2014Annual accounts 2014228,8 k €↑
- 2013Annual accounts 2013-179,2 k €↓
- 2012Annual accounts 201220,9 k €↓
- 2011Annual accounts 2011109,3 k €↑
- 2010Annual accounts 2010-15,4 k €↓
- 2009Annual accounts 2009-12,6 k €↑
- 2008Annual accounts 2008-25,8 k €↑
- 2007Annual accounts 2007-104,8 k €
- 15/04/1983IncorporationPrivate limited company