ACTIVE

Vlaams Studie- en Documentatiecentrum voor V.Z.W.'S

Financial year 2025 · Closed on 31/12/2025

Net result159,9 k €+86,5 %over 1 year
Gross margin621,9 k €+14,7 %over 1 year
Equity833,4 k €+27,1 %over 1 year
Workforce4,7 ETP+2,2 %over 1 year

Identity

Source · BCE/KBO

Vlaams Studie- en Documentatiecentrum voor V.Z.W.'S is a Non-profit organization incorporated in 1984. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Wevelgem. It employs on average 4,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.099.323
Incorporation
01/06/1984
Legal form
Non-profit organization
Registered office
Lauwestraat 166
8560 Wevelgem · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
4,7 ETP
Joint committees (1)
  • 329
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin621,9 k €542,2 k €471,2 k €507,1 k €1,1 M €
EBITDA170,4 k €114,9 k €72,1 k €91,3 k €-1,8 M €
Operating result151,8 k €84,5 k €41,5 k €63,7 k €-1,9 M €
Net result159,9 k €85,7 k €34,7 k €39,9 k €-1,9 M €
Balance sheet
Equity833,4 k €655,8 k €560,5 k €522 k €477,7 k €
Total assets1,2 M €1,1 M €1,1 M €1,1 M €1,1 M €
Cash210,4 k €258,6 k €238,7 k €740,8 k €771,4 k €
Debts214,2 k €268,1 k €277 k €357,5 k €355 k €
Other
Workforce4,7 ETP4,6 ETP4,9 ETP5,3 ETP6,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 14 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Kris Bouvyn
Directorsince 12/06/2020
000
SOCIAAL SECRETARIAAT VOOR HANDEL EN AMBACHT0407.757.019Represented by Rudy Van Den Bossche
Directorsince 15/03/2019
Kristoffel, Michel Bevernage
Directorsince 15/02/2013
Gunther, Marcel, S. Kerkhof
Directorsince 11/02/2011
Jean-Pierre, Emiel Dejaeghere
Chairman of the board of directorssince 01/09/2009
Francies, Freddy, Jules Vantomme
Directorsince 04/07/2002
Karel, Hendrik, Marie, Michel Decruyenaere
Vice-chairman of the board of directorssince 24/04/1997
Peter, Karel, Maria Valcke
Directorsince 31/03/1994
Marc, Valère, Paul Decramer
Directorsince 19/05/1993

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Roland, Christiaan Werniers
Director11/02/2011 → 25/07/2012
Roland, Christiaan Werniers
Directorsince 11/02/2011
Roland, Cesar, Bertha Van Hecke
Managing director01/01/2010 → 19/07/2014
Roland, Cesar, Bertha Van Hecke
Managing directorsince 01/01/2010

Other companies at this address

Lauwestraat 166 8560 Wevelgem
CompanyCBE no.
VSDC-fb● Active
0877.925.521

Full financial information

Source · NBB
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 date02/04/202631/03/202504/04/202410/05/202314/04/202212/04/2021
General meeting07/03/202614/03/202515/03/202414/04/202318/03/202212/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/03/202602/04/2026DutchPDF
Abridged model31/12/202414/03/202531/03/2025DutchPDF
Abridged model31/12/202315/03/202404/04/2024DutchPDF
Abridged model31/12/202214/04/202310/05/2023DutchPDF
Abridged model31/12/202118/03/202214/04/2022DutchPDF
Abridged model31/12/202012/03/202112/04/2021DutchPDF
Abridged model31/12/201906/03/202031/03/2020DutchPDF
Abridged model31/12/201815/03/201928/03/2019DutchPDF
Abridged model31/12/201709/03/201827/03/2018DutchPDF
Abridged model31/12/201610/03/201724/03/2017DutchPDF
Abridged model31/12/201511/03/201607/04/2016DutchPDF
Abridged model31/12/201406/03/201526/03/2015DutchPDF
Abridged model31/12/201314/02/201422/02/2014DutchPDF
Abridged model31/12/201215/02/201304/03/2013DutchPDF
Abridged model31/12/201110/02/201215/02/2012DutchPDF
Abridged model31/12/201011/02/201122/02/2011DutchPDF
Abridged model31/12/200912/03/201006/04/2010DutchPDF
Abridged model31/12/200813/03/200907/04/2009DutchPDF
Abridged model31/12/200708/02/200805/03/2008DutchPDF
Abridged model31/12/200609/02/200715/02/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 14 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Kris Bouvyn
Directorsince 12/06/2020
000
SOCIAAL SECRETARIAAT VOOR HANDEL EN AMBACHT0407.757.019Represented by Rudy Van Den Bossche
Directorsince 15/03/2019
Kristoffel, Michel Bevernage
Directorsince 15/02/2013
Gunther, Marcel, S. Kerkhof
Directorsince 11/02/2011
Jean-Pierre, Emiel Dejaeghere
Chairman of the board of directorssince 01/09/2009
Francies, Freddy, Jules Vantomme
Directorsince 04/07/2002
Karel, Hendrik, Marie, Michel Decruyenaere
Vice-chairman of the board of directorssince 24/04/1997
Peter, Karel, Maria Valcke
Directorsince 31/03/1994
Marc, Valère, Paul Decramer
Directorsince 19/05/1993

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Roland, Christiaan Werniers
Director11/02/2011 → 25/07/2012
Roland, Christiaan Werniers
Directorsince 11/02/2011
Roland, Cesar, Bertha Van Hecke
Managing director01/01/2010 → 19/07/2014
Roland, Cesar, Bertha Van Hecke
Managing directorsince 01/01/2010

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/05/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Other28/05/2024
    DIVERSEN
    PDF
  • Mandates27/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other26/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates18/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025159,9 k €↑
  2. 2024
    Annual accounts 202485,7 k €↑
  3. 2023
    Annual accounts 202334,7 k €↓
  4. 2022
    Annual accounts 202239,9 k €↑
  5. 2022
    Name changeVSDC vzw
  6. 2021
    Annual accounts 2021-1,9 M €↓
  7. 2020
    Annual accounts 2020248,4 k €↑
  8. 2019
    Annual accounts 2019225,3 k €↑
  9. 2018
    Annual accounts 2018119,6 k €↑
  10. 2017
    Annual accounts 201789,3 k €↓
  11. 2016
    Annual accounts 2016107,4 k €↓
  12. 2015
    Annual accounts 2015116,3 k €↑
  13. 2014
    Annual accounts 201494,8 k €↑
  14. 2013
    Annual accounts 201329,4 k €↓
  15. 2012
    Annual accounts 201254,6 k €↓
  16. 2011
    Annual accounts 201162,8 k €↑
  17. 2010
    Annual accounts 201036 k €↑
  18. 2008
    Annual accounts 200812,5 k €
  19. 01/06/1984
    IncorporationNon-profit organization

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Vlaams Studie- en Documentatiecentrum voor V.Z.W.'SCurrent
CBE, tracked since 27/09/2026
CBE
VSDC vzw
accounts 2022 → 2025
Accounts 2025 · 2026-00070742
Vlaams Studie- en Documentatiecentrum voor V.Z.W.'S
accounts 2021
Accounts 2021 · 2022-20003492

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.