ACTIVE

VECOBE

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Financial year 2025 · closed on 31/12/2025
Net result
62,2 k €
-28.0% YoY
Gross margin
116,6 k €
-16.1% YoY
Equity
561,1 k €
-27.4% YoY

What does VECOBE do?

VECOBE is a Private limited company incorporated in 1983. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Oosterzele.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0424.468.337
Incorporation
02/08/1983
Legal form
Private limited company
Registered office
Hoogstraat 44
9860 Oosterzele · FlandreSee on map
Contributed capital
26 388,00 €
Latest accounts
31/12/2025
Activities (NACE)
43990Other specialised construction activities n.e.c.· main43999Other specialised construction activities n.e.c.74142Specialised design activities41101Development of building projects68121Buying and selling of own real estate70200Management consultancy activities+1
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320112010200920082007
Income statement
Gross margin116,6 k €139 k €133,2 k €153,8 k €51,2 k €184,7 k €246,3 k €120,7 k €91,4 k €67,3 k €13,9 k €52,9 k €236 k €22,1 k €-11,6 k €34,7 k €20,4 k €1,6 k €
EBITDA108,3 k €137,2 k €131 k €151,7 k €45,5 k €182,5 k €239,1 k €106,7 k €82,5 k €66,2 k €12,7 k €51,2 k €211,8 k €20,3 k €-14,5 k €33,6 k €18,2 k €1,3 k €
Operating result94,4 k €122,7 k €109,2 k €130 k €35,5 k €165,2 k €222,3 k €98,3 k €73,7 k €62,1 k €2,7 k €38,8 k €192,2 k €4,5 k €-25,3 k €21,2 k €6 k €-9,5 k €
Net result62,2 k €86,4 k €66,9 k €73,9 k €21,8 k €109,1 k €143,5 k €56,2 k €38,9 k €31,6 k €6 k €24,4 k €148,5 k €7,1 k €-11,1 k €3,3 k €-8,1 k €-10,5 k €
Balance sheet
Equity561,1 k €773,3 k €877,9 k €811 k €737,1 k €715,3 k €606,2 k €462,7 k €406,6 k €367,7 k €336,1 k €330,1 k €305,8 k €157,2 k €150,1 k €161,2 k €157,9 k €166 k €
Total assets806,9 k €883,3 k €1,2 M €1,4 M €1,2 M €1,3 M €1,9 M €536,6 k €522,9 k €484,4 k €790,3 k €777,5 k €473,2 k €635,9 k €175,1 k €190,1 k €193,3 k €205,2 k €
Cash280,4 k €358,7 k €338,1 k €136,5 k €70,4 k €769,9 k €1,1 M €214,2 k €73,9 k €40,3 k €14,1 k €38,2 k €48,6 k €19,8 k €17,5 k €47,2 k €80,1 k €17,9 k €
Debts245,8 k €110 k €272,6 k €568,1 k €502,1 k €560,6 k €1,3 M €73,9 k €116,3 k €116,7 k €454,2 k €447,4 k €167,4 k €478,6 k €25 k €28,9 k €35,1 k €39,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Veerle Vercauteren

bestuurder

Active
Yvette Van Der Heyden

Mandate

Active

Ended mandates

Yvette Van Der Heyden

bestuurder · since 01 janvier 2019

Ended
Yvette Van Der Heyden

Director · since 01 janvier 2019

Ended
Yvette Van Der Heyden

Manager · since 01 janvier 2019

Ended
JOHAN ELAUT

Manager · since 07 juillet 2010 · until 11 novembre 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date04/02/202626/02/202505/03/202415/03/202326/08/202225/08/2021
General meeting04/02/202626/02/202505/03/202415/03/202325/06/202226/06/2021
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 model31/12/202504/02/202604/02/2026DutchPDF
Abridged model31/12/202426/02/202526/02/2025DutchPDF
Abridged model31/12/202305/03/202405/03/2024DutchPDF
Abridged model31/12/202215/03/202315/03/2023DutchPDF
Abridged model31/12/202125/06/202226/08/2022DutchPDF
Abridged model31/12/202026/06/202125/08/2021DutchPDF
Abridged model31/12/201927/06/202011/08/2020DutchPDF
Abridged model31/03/201818/08/201804/09/2018DutchPDF
Abridged model31/03/201719/08/201721/08/2017DutchPDF
Abridged model31/03/201620/08/201629/08/2016DutchPDF
Abridged model31/03/201517/08/201520/08/2015DutchPDF
Abridged model31/03/201416/08/201421/08/2014DutchPDF
Abridged model31/03/201317/08/201322/08/2013DutchPDF
Abridged modelCorrection30/09/201116/03/201204/04/2012DutchPDF
Abridged model30/09/201116/03/201219/03/2012DutchPDF
Abridged model30/09/201018/03/201121/03/2011DutchPDF
Abridged model30/09/200919/03/201031/03/2010DutchPDF
Abridged model30/09/200820/03/200923/03/2009DutchPDF
Abridged model30/09/200721/03/200825/03/2008DutchPDF
Abridged model30/09/200616/03/200721/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 8 ended

Active mandates

Veerle Vercauteren

bestuurder

Active
Yvette Van Der Heyden

Mandate

Active

Ended mandates

Yvette Van Der Heyden

bestuurder · since 01 janvier 2019

Ended
Yvette Van Der Heyden

Director · since 01 janvier 2019

Ended
Yvette Van Der Heyden

Manager · since 01 janvier 2019

Ended
JOHAN ELAUT

Manager · since 07 juillet 2010 · until 11 novembre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/05/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/02/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Other05/03/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates19/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/12/2015
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares12/09/2012
    KAPITAAL - AANDELEN - BOEKJAAR
    PDF
  • Mandates30/11/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2010
    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 202562,2 k €↓
  2. 2024
    Annual accounts 202486,4 k €↑
  3. 2023
    Annual accounts 202366,9 k €↓
  4. 2022
    Annual accounts 202273,9 k €↑
  5. 2021
    Annual accounts 202121,8 k €↓
  6. 2020
    Annual accounts 2020109,1 k €↓
  7. 2019
    Annual accounts 2019143,5 k €↑
  8. 2018
    Annual accounts 201856,2 k €↑
  9. 2017
    Annual accounts 201738,9 k €↑
  10. 2016
    Annual accounts 201631,6 k €↑
  11. 2015
    Annual accounts 20156 k €↓
  12. 2014
    Annual accounts 201424,4 k €↓
  13. 2013
    Annual accounts 2013148,5 k €↑
  14. 2011
    Annual accounts 20117,1 k €↑
  15. 2010
    Annual accounts 2010-11,1 k €↓
  16. 2009
    Annual accounts 20093,3 k €↑
  17. 2008
    Annual accounts 2008-8,1 k €↑
  18. 2007
    Annual accounts 2007-10,5 k €
  19. 02/08/1983
    IncorporationPrivate limited company