ACTIVE

VAN DER SPEK

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Financial year 2025 · closed on 31/12/2025

Net result

2,1 M €

+7127.8% YoY

Revenue

92,7 M €

+10.5% YoY

Equity

39,3 M €

+5.5% YoY

Workforce

117,4 ETP

-0.4% YoY

What does VAN DER SPEK do?

VAN DER SPEK is a Public limited company incorporated in 1983. Its main activity is: Sale of other motor vehicles. Its registered office is in Ternat. It employs on average 117,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.898.107

Incorporation

02/12/1983

Legal form

Public limited company

Registered office

Industrielaan 10
1740 Ternat · FlandreSee on map

Contributed capital

362 780,00 €

Latest accounts

31/12/2025

Average workforce

117,4 ETP

Activities (NACE)

45193Sale of other motor vehicles· main 46630Wholesale of mining, construction and civil engineering machinery 46630Wholesale of mining, construction and civil engineering machinery 47812Retail sale via stalls and markets of food, beverages and tobacco products 33110Repair of fabricated metal products 33110Repair of fabricated metal products+8

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	92,7 M €	+10.5%	83,9 M €	-3.4%	86,8 M €	-5.9%	92,2 M €	-4.8%	96,9 M €	+8.3%	89,4 M €	-4.6%	93,7 M €	-4.9%	98,6 M €	+16.3%	84,8 M €	-10.3%	94,5 M €	+37.3%	68,8 M €	+0.1%	68,7 M €	+21.7%	56,5 M €	-13.3%	65,2 M €	+16.4%	56 M €	+9.8%	51 M €	-25.6%	68,6 M €	-12.0%	78 M €	+3.8%	75,1 M €	+19.1%	63,1 M €
EBITDA	13,8 M €	+3.1%	13,4 M €	-14.2%	15,6 M €	-14.0%	18,1 M €	-9.6%	20 M €	+21.7%	16,5 M €	+1.6%	16,2 M €	+1.4%	16 M €	+27.0%	12,6 M €	+32.0%	9,5 M €	+19.4%	8 M €	+8.0%	7,4 M €	+0.1%	7,4 M €	-7.3%	8 M €	+1.6%	7,8 M €	+6.0%	7,4 M €	-10.5%	8,3 M €	-29.2%	11,7 M €	+28.9%	9,1 M €	+15.3%	7,9 M €
Operating result	3,7 M €	+89.1%	2 M €	-19.7%	2,4 M €	-63.0%	6,6 M €	-17.4%	8 M €	+78.2%	4,5 M €	-5.3%	4,7 M €	-18.0%	5,8 M €	+45.3%	4 M €	+48.2%	2,7 M €	+43.1%	1,9 M €	+0.6%	1,9 M €	+21.5%	1,5 M €	+16.3%	1,3 M €	-23.8%	1,7 M €	+122%	777,5 k €	-53.6%	1,7 M €	-69.3%	5,5 M €	+30.6%	4,2 M €	-0.8%	4,2 M €
Net result	2,1 M €	+7128%	-29,4 k €	-110%	287,2 k €	-93.3%	4,3 M €	-18.2%	5,2 M €	+84.5%	2,8 M €	+9.8%	2,6 M €	-26.2%	3,5 M €	+59.1%	2,2 M €	+391%	445,9 k €	-16.7%	535,5 k €	+2.4%	522,8 k €	+7.0%	488,8 k €	+97.1%	248 k €	-47.6%	473,1 k €	+280%	-263,1 k €	-418%	82,7 k €	-96.7%	2,5 M €	+30.6%	1,9 M €	-8.4%	2,1 M €
Balance sheet
Equity	39,3 M €	+5.5%	37,2 M €	-0.1%	37,3 M €	+0.8%	37 M €	+13.0%	32,7 M €	+18.9%	27,5 M €	+11.4%	24,7 M €	+11.6%	22,1 M €	+18.7%	18,6 M €	+13.3%	16,4 M €	+2.8%	16 M €	+3.5%	15,5 M €	+3.5%	14,9 M €	+3.4%	14,5 M €	+1.7%	14,2 M €	+3.4%	13,7 M €	-1.9%	14 M €	+0.6%	13,9 M €	+22.2%	11,4 M €	+20.5%	9,4 M €
Total assets	89,2 M €	+0.6%	88,7 M €	-13.0%	102 M €	+0.1%	101,9 M €	+6.2%	96 M €	+3.2%	93 M €	-11.0%	104,4 M €	+13.0%	92,5 M €	+10.7%	83,6 M €	+24.5%	67,1 M €	+12.5%	59,6 M €	+8.3%	55,1 M €	+9.2%	50,4 M €	+4.4%	48,3 M €	-15.0%	56,8 M €	+5.6%	53,8 M €	-17.5%	65,2 M €	-4.0%	67,9 M €	+11.8%	60,8 M €	+19.9%	50,7 M €
Cash	2,9 M €	-21.4%	3,7 M €	+5841%	63 k €	-94.9%	1,2 M €	+2.4%	1,2 M €	+51.5%	791,6 k €	-85.1%	5,3 M €	+2953%	173,8 k €	-65.2%	498,9 k €	+7352%	6,7 k €	-99.4%	1,1 M €	+14372%	7,4 k €	+57.6%	4,7 k €	-64.9%	13,5 k €	-0.5%	13,6 k €	-75.2%	54,6 k €	+241%	16 k €	-97.3%	596,8 k €	+19902%	3 k €	-99.5%	556,2 k €
Debts	40,4 M €	+3.9%	38,9 M €	-25.6%	52,2 M €	-2.7%	53,7 M €	+6.7%	50,3 M €	-11.0%	56,6 M €	-13.4%	65,3 M €	+5.2%	62,1 M €	+10.7%	56,1 M €	+46.0%	38,4 M €	+5.5%	36,4 M €	+10.4%	33 M €	+10.3%	29,9 M €	-0.5%	30 M €	-13.8%	34,8 M €	+2.7%	33,9 M €	-25.1%	45,3 M €	-1.5%	46 M €	+9.9%	41,9 M €	+20.8%	34,7 M €
Other
Workforce	117,4 ETP	-0.4%	117,9 ETP	-1.2%	119,3 ETP	+3.9%	114,8 ETP	+0.9%	113,8 ETP	-2.4%	116,6 ETP	+0.8%	115,7 ETP	+7.2%	107,9 ETP	+1.6%	106,2 ETP	+2.2%	103,9 ETP	+4.4%	99,5 ETP	-0.9%	100,4 ETP	+1.1%	99,3 ETP	-0.3%	99,6 ETP	+2.5%	97,2 ETP	+0.9%	96,3 ETP	-8.5%	105,2 ETP	+2.8%	102,3 ETP	+6.1%	96,4 ETP	+0.9%	95,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 20 ended

Active mandates

Danny Dedobbeleer

Managing director · since 16 juin 2025

Active

Erik Van Audenrode

Managing director · since 16 juin 2025

Active

Vanman Coneq Solutions

Director · since 01 janvier 2025 · 1017.335.505

Represented by Kristof Van Loo

Active

Erik L. Lubbers

Managing director · since 15 juin 2020

Active

Leopold M. Lubbers

Managing director · since 15 juin 2020

Active

Ended mandates

Danny Dedobbeleer

Managing director · since 15 juin 2019

Ended

Erik Van Audenrode

Managing director · since 15 juin 2019

Ended

Danny Dedobbeleer

Managing director · since 01 avril 2015

Ended

Erik Van Audenrode

Managing director · since 01 avril 2015

Ended

At this address

Other companies at this address

Company	CBE no.
CONSTRUCTION MACHINERY SERVICES● Active	0738.809.705

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/06/2026	23/06/2025	28/06/2024	20/06/2023	21/06/2022	21/06/2021
General meeting	15/06/2026	16/06/2025	15/06/2024	15/06/2023	15/06/2022	15/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	23/06/2025	Dutch	PDF
Full model	31/12/2023	15/06/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	15/06/2023	20/06/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	21/06/2022	Dutch	PDF
Full model	31/12/2020	15/06/2021	21/06/2021	Dutch	PDF
Full model	31/12/2019	15/06/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	15/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	15/06/2017	21/06/2017	Dutch	PDF
Full model	31/12/2015	15/06/2016	29/06/2016	Dutch	PDF
Full model	31/12/2014	15/06/2015	09/07/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	19/06/2014	Dutch	PDF
Full model	31/12/2012	15/06/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	15/06/2012	09/07/2012	Dutch	PDF
Full model	31/12/2010	15/06/2011	20/06/2011	Dutch	PDF
Full model	31/12/2009	15/06/2010	07/07/2010	Dutch	PDF
Full model	31/12/2008	15/06/2009	16/06/2009	Dutch	PDF
Full model	31/12/2007	16/06/2008	11/07/2008	Dutch	PDF
Full model	31/12/2006	15/06/2007	18/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 20 ended

Active mandates

Danny Dedobbeleer

Managing director · since 16 juin 2025

Active

Erik Van Audenrode

Managing director · since 16 juin 2025

Active

Vanman Coneq Solutions

Director · since 01 janvier 2025 · 1017.335.505

Represented by Kristof Van Loo

Active

Erik L. Lubbers

Managing director · since 15 juin 2020

Active

Leopold M. Lubbers

Managing director · since 15 juin 2020

Active

Ended mandates

Danny Dedobbeleer

Managing director · since 15 juin 2019

Ended

Erik Van Audenrode

Managing director · since 15 juin 2019

Ended

Danny Dedobbeleer

Managing director · since 01 avril 2015

Ended

Erik Van Audenrode

Managing director · since 01 avril 2015

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other27/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2016
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

2025
Annual accounts 20252,1 M €↑
16/06/2025
reconductionErik Van Audenrode — bestuurder / gedelegeerd bestuurder
16/06/2025
reconductionDanny Dedobbeleer — bestuurder / gedelegeerd bestuurder
16/06/2025
reconductionArnaud Clybouw — commissaris
01/01/2025
nominationVanman Coneq Solutions bv — bestuurder
2024
Annual accounts 2024-29,4 k €↓
2023
Annual accounts 2023287,2 k €↓
2022
Annual accounts 20224,3 M €↓
15/06/2022
reconductionArnaud Clybouw — commissaris
2021
Annual accounts 20215,2 M €↑
2020
Annual accounts 20202,8 M €↑
2019
Annual accounts 20192,6 M €↓
2018
Annual accounts 20183,5 M €↑
2017
Annual accounts 20172,2 M €↑
2016
Annual accounts 2016445,9 k €↓
2015
Annual accounts 2015535,5 k €↑
2014
Annual accounts 2014522,8 k €↑
2013
Annual accounts 2013488,8 k €↑
2012
Annual accounts 2012248 k €↓
2011
Annual accounts 2011473,1 k €↑
2010
Annual accounts 2010-263,1 k €↓
2009
Annual accounts 200982,7 k €↓
2008
Annual accounts 20082,5 M €↑
2007
Annual accounts 20071,9 M €↓
2006
Annual accounts 20062,1 M €
02/12/1983
IncorporationPublic 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

VAN DER SPEK

Overview

What does VAN DER SPEK do?

Trend over 20 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