ACTIVE

VEDELEC

Financial year 2025 · closed on 31/12/2025
Net result
722,2 k €
-55.7% YoY
Revenue
28,5 M €
+1.4% YoY
Equity
3,8 M €
-1.0% YoY
Workforce
41,0 ETP
+5.7% YoY

What does VEDELEC do?

VEDELEC is a Public limited company incorporated in 1983. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Ath. It employs on average 41,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.591.071
Incorporation
20/08/1983
Legal form
Public limited company
Registered office
Rue du Parc Industriel(GHI) 32
7822 Ath · WallonieSee on map
Contributed capital
1 116 200,00 €
Latest accounts
31/12/2025
Average workforce
41,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020182017201620152014201320122011201020092008
Income statement
Revenue28,5 M €28,1 M €30,9 M €28,9 M €26,3 M €25,1 M €17,8 M €14,4 M €12,4 M €
EBITDA1,3 M €2,4 M €3 M €2,6 M €2,1 M €2 M €1,5 M €2,2 M €628,2 k €769,1 k €679,8 k €595,3 k €500,3 k €252,6 k €263 k €340 k €299,6 k €
Operating result855,7 k €1,9 M €2,5 M €2,2 M €1,8 M €1,8 M €1,4 M €1,9 M €392,8 k €728,8 k €612,3 k €530,2 k €376,8 k €192,3 k €193,3 k €273,5 k €200,8 k €
Net result722,2 k €1,6 M €2,2 M €1,9 M €1,6 M €1,6 M €1 M €1,3 M €321,6 k €543,3 k €466,2 k €394,3 k €303 k €177,9 k €218,3 k €229,4 k €182 k €
Balance sheet
Equity3,8 M €3,8 M €3,9 M €3,1 M €2,8 M €2,5 M €4,3 M €3,6 M €2,7 M €2,6 M €2,5 M €2,2 M €1,8 M €1,6 M €1,4 M €1,2 M €1 M €
Total assets9,8 M €11,2 M €11,9 M €10,7 M €10 M €9,4 M €7,7 M €5,9 M €5,7 M €3,7 M €3,5 M €3,1 M €2,8 M €2,5 M €2,2 M €2 M €1,7 M €
Cash709,1 k €887,4 k €3 M €2 M €1,7 M €2 M €1,2 M €564 k €641,4 k €1 M €863,3 k €775,8 k €624,3 k €273,2 k €364,5 k €445,5 k €114,4 k €
Debts5,9 M €7,2 M €7,8 M €7,3 M €7 M €6,6 M €3,1 M €2 M €2,9 M €1,1 M €938 k €802,9 k €922,7 k €874,3 k €780 k €719,2 k €646,4 k €
Other
Workforce41,0 ETP38,8 ETP39,5 ETP37,6 ETP32,3 ETP26,5 ETP22,3 ETP22,1 ETP18,6 ETP18,3 ETP17,7 ETP17,7 ETP17,7 ETP17,8 ETP16,4 ETP16,2 ETP15,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 26 ended

Active mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey Haak

Active
ECOPARTS SAS S. Etr.

Director · since 26 novembre 2024 · until 08 mai 2029 · 1016.242.373

Represented by Olivier DE MONTLIVAULT

Active

Ended mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey HAAK

Ended
BRAINCODE

Director · since 23 janvier 2019 · until 14 mai 2024 · 0886.355.019

Represented by Stijn FONCK

Ended
BRAINCODE

Director · since 23 janvier 2019 · until 23 mai 2024 · 0886.355.019

Represented by Stijn FONCK

Ended
BRAINCODE

Director · since 23 janvier 2019 · until 14 mai 2024 · 0886.355.019

Represented by Stijn FONCK

Ended
At this address

Other companies at this address

CompanyCBE no.
NetTradeActive
0837.362.792
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date30/06/202618/06/202521/06/202423/06/202308/07/202225/06/2021
General meeting30/05/202602/06/202531/05/202425/05/202330/06/202224/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/05/202630/06/2026FrenchPDF
Full model31/12/202402/06/202518/06/2025FrenchPDF
Full model31/12/202331/05/202421/06/2024FrenchPDF
Full model31/12/202225/05/202323/06/2023FrenchPDF
Full model31/12/202130/06/202208/07/2022FrenchPDF
Full model31/12/202024/06/202125/06/2021FrenchPDF
Full model31/12/201916/07/202014/08/2020FrenchPDF
Full model30/06/201814/02/201914/02/2019DutchPDF
Full model30/06/201707/12/201729/12/2017DutchPDF
Full model30/06/201614/11/201602/02/2017DutchPDF
Abridged model30/06/201509/11/201530/03/2016DutchPDF
Abridged model30/06/201410/11/201431/12/2014DutchPDF
Abridged model30/06/201311/11/201304/02/2014DutchPDF
Abridged modelCorrection30/06/201212/11/201226/04/2013DutchPDF
Abridged model30/06/201212/11/201202/02/2013DutchPDF
Abridged model30/06/201114/11/201131/01/2012DutchPDF
Abridged model30/06/201008/11/201010/01/2011DutchPDF
Abridged model30/06/200910/11/200927/01/2010DutchPDF
Abridged model30/06/200810/11/200822/01/2009DutchPDF
Abridged model30/06/200712/11/200730/01/2008DutchPDF
Abridged model30/06/200613/11/200629/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 26 ended

Active mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey Haak

Active
ECOPARTS SAS S. Etr.

Director · since 26 novembre 2024 · until 08 mai 2029 · 1016.242.373

Represented by Olivier DE MONTLIVAULT

Active

Ended mandates

BRAINCODE

Personne déléguée à la gestion journalière · since 26 novembre 2024 · 0886.355.019

Represented by Lindsey HAAK

Ended
BRAINCODE

Director · since 23 janvier 2019 · until 14 mai 2024 · 0886.355.019

Represented by Stijn FONCK

Ended
BRAINCODE

Director · since 23 janvier 2019 · until 23 mai 2024 · 0886.355.019

Represented by Stijn FONCK

Ended
BRAINCODE

Director · since 23 janvier 2019 · until 14 mai 2024 · 0886.355.019

Represented by Stijn FONCK

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/09/2026
    CHANGEMENT DE REPRESENTANT PERMANENT D'UN ADMINISTRATEUR
    PDF
  • Mandates08/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other22/01/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Restructuring20/01/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/10/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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 2025722,2 k €
  2. 2024
    Annual accounts 20241,6 M €
  3. 2023
    Annual accounts 20232,2 M €
  4. 2022
    Annual accounts 20221,9 M €
  5. 2021
    Annual accounts 20211,6 M €
  6. 2020
    Annual accounts 20201,6 M €
  7. 2018
    Annual accounts 20181 M €
  8. 2017
    Annual accounts 20171,3 M €
  9. 2016
    Annual accounts 2016321,6 k €
  10. 2015
    Annual accounts 2015543,3 k €
  11. 2014
    Annual accounts 2014466,2 k €
  12. 2013
    Annual accounts 2013394,3 k €
  13. 2012
    Annual accounts 2012303 k €
  14. 2011
    Annual accounts 2011177,9 k €
  15. 2010
    Annual accounts 2010218,3 k €
  16. 2009
    Annual accounts 2009229,4 k €
  17. 2008
    Annual accounts 2008182 k €
  18. 20/08/1983
    IncorporationPublic limited company