ACTIVE

VEDOCO

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Financial year 2025 · closed on 31/12/2025

Net result

41,8 k €

-6.8% YoY

Gross margin

167,6 k €

-2.5% YoY

Equity

305,2 k €

+9.6% YoY

What does VEDOCO do?

VEDOCO is a Private limited company incorporated in 1984. Its registered office is in Raeren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.180.584

Incorporation

05/09/1984

Legal form

Private limited company

Registered office

Raerener Strasse 22
4731 Raeren · WallonieSee on map

Contributed capital

24 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	167,6 k €	-2.5%	171,9 k €	+0.0%	171,9 k €	+32.6%	129,6 k €	+4.9%	123,6 k €	+32.2%	93,4 k €	+9.8%	85,1 k €	+36.7%	62,3 k €	-32.3%	92 k €	+25.5%	73,3 k €	-3.0%	75,6 k €	+30.3%	58 k €	+6.9%	54,2 k €	-14.4%	63,4 k €	-5.1%	66,7 k €	+17.2%	56,9 k €	-18.0%	69,4 k €	-2.7%	71,3 k €	-3.2%	73,7 k €	+11.1%	66,4 k €
EBITDA	74,7 k €	-4.2%	78 k €	-13.1%	89,7 k €	+48.3%	60,5 k €	+2.2%	59,2 k €	+27.1%	46,6 k €	+54.1%	30,2 k €	+85.8%	16,3 k €	-65.4%	47,1 k €	+44.6%	32,6 k €	+5.7%	30,8 k €	+162%	11,7 k €	+17.1%	10 k €	-48.9%	19,6 k €	-14.3%	22,9 k €	+53.1%	15 k €	-60.9%	38,2 k €	-26.5%	52 k €	-8.9%	57,1 k €	-9.4%	63 k €
Operating result	54,7 k €	-5.6%	58 k €	-21.4%	73,8 k €	+41.9%	52 k €	+4.9%	49,5 k €	+36.1%	36,4 k €	+246%	10,5 k €	-22.3%	13,5 k €	-69.9%	45 k €	+77.0%	25,5 k €	+7.4%	23,7 k €	+427%	-7,2 k €	+12.2%	-8,2 k €	-608%	1,6 k €	-83.7%	9,9 k €	+222%	3,1 k €	-91.9%	38,2 k €	-26.5%	52 k €	-8.9%	57,1 k €	+15.4%	49,4 k €
Net result	41,8 k €	-6.8%	44,9 k €	-10.7%	50,2 k €	+52.9%	32,8 k €	+3.8%	31,6 k €	+22.6%	25,8 k €	+235%	7,7 k €	+4.6%	7,4 k €	-73.5%	27,8 k €	+43.9%	19,3 k €	-5.1%	20,4 k €	+371%	-7,5 k €	+3.2%	-7,8 k €	-371%	2,9 k €	-63.9%	8 k €	+101%	4 k €	-87.5%	31,7 k €	-44.1%	56,7 k €	-2.7%	58,3 k €	+18.8%	49,1 k €
Balance sheet
Equity	305,2 k €	+9.6%	278,4 k €	+12.0%	248,6 k €	+25.3%	198,4 k €	+19.8%	165,5 k €	+23.6%	133,9 k €	+23.9%	108,1 k €	+7.7%	100,4 k €	-60.6%	255,1 k €	+12.2%	227,3 k €	+9.3%	208 k €	+10.8%	187,6 k €	+466%	33,2 k €	-85.0%	220,9 k €	+1.3%	218 k €	+3.8%	210,1 k €	+1.9%	206,1 k €	+18.2%	174,4 k €	+48.2%	117,7 k €	+98.2%	59,4 k €
Total assets	519,8 k €	+4.5%	497,3 k €	+1.0%	492,2 k €	+14.3%	430,6 k €	+8.9%	395,5 k €	+4.8%	377,5 k €	+7.3%	351,8 k €	+24.3%	283 k €	-5.5%	299,4 k €	+22.0%	245,4 k €	+9.8%	223,4 k €	-5.9%	237,5 k €	-4.4%	248,3 k €	-1.1%	251,2 k €	-2.1%	256,6 k €	+6.0%	242,1 k €	+4.6%	231,4 k €	+18.5%	195,4 k €	+31.9%	148,2 k €	+29.5%	114,4 k €
Cash	144,4 k €	+52.3%	94,8 k €	+103%	46,6 k €	-84.4%	297,9 k €	+15.3%	258,4 k €	+8.9%	237,3 k €	+29.1%	183,8 k €	-11.8%	208,3 k €	-7.1%	224,3 k €	+41.4%	158,7 k €	+25.9%	126 k €	-0.2%	126,3 k €	-3.7%	131,2 k €	+4.4%	125,7 k €	-20.5%	158 k €	+8.0%	146,3 k €	-30.6%	210,9 k €	+459%	37,8 k €	-47.5%	71,9 k €	-24.5%	95,3 k €
Debts	214,6 k €	-2.0%	218,9 k €	-10.2%	243,6 k €	+4.9%	232,2 k €	+1.0%	229,9 k €	-5.6%	243,6 k €	-0.0%	243,6 k €	+33.6%	182,3 k €	+311%	44,3 k €	+145%	18,1 k €	+17.2%	15,5 k €	-69.0%	49,8 k €	-76.8%	215,1 k €	+611%	30,3 k €	-21.6%	38,6 k €	+20.5%	32 k €	+26.5%	25,3 k €	+21.0%	20,9 k €	-31.3%	30,5 k €	-44.7%	55 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,5 ETP	-6.3%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	+6.7%	1,5 ETP	-31.8%	2,2 ETP	+120%	1,0 ETP	+100%	0,5 ETP	-28.6%	0,7 ETP	+40.0%	0,5 ETP

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 · 1 active · 5 ended

Active mandates

D.H.

Director · since 28 décembre 2023 · 0427.868.285

Represented by Verena DOUM

Active

Ended mandates

D.H.

Director · since 28 décembre 2023 · 0427.868.285

Represented by Verena DOUM

Ended

Verena DOUM

Director · since 05 avril 2006

Ended

Verena DOUM

Manager · since 05 avril 2006

Ended

Günther SCHAUS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
D.H.● Active	0427.868.285
DISTRIPAT● Active	0844.011.054
KOCKADO● Active	0890.181.866

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	19/06/2026	26/06/2025	08/07/2024	29/06/2023	04/07/2022	25/06/2021
General meeting	06/05/2026	07/05/2025	01/05/2024	03/05/2023	04/05/2022	05/05/2021
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
Micro model	31/12/2025	06/05/2026	19/06/2026	German	PDF
Micro model	31/12/2024	07/05/2025	26/06/2025	German	PDF
Micro model	31/12/2023	01/05/2024	08/07/2024	German	PDF
Micro model	31/12/2022	03/05/2023	29/06/2023	German	PDF
Micro model	31/12/2021	04/05/2022	04/07/2022	German	PDF
Micro model	31/12/2020	05/05/2021	25/06/2021	German	PDF
Micro model	31/12/2019	06/05/2020	09/07/2020	German	PDF
Micro model	31/12/2018	01/05/2019	07/06/2019	German	PDF
Micro model	31/12/2017	02/05/2018	21/07/2018	German	PDF
Micro model	31/12/2016	03/05/2017	26/07/2017	German	PDF
Abridged model	31/12/2015	04/05/2016	14/07/2016	German	PDF
Abridged model	31/12/2014	06/05/2015	24/06/2015	German	PDF
Abridged model	31/12/2013	07/05/2014	08/07/2014	German	PDF
Abridged model	31/12/2012	01/05/2013	23/07/2013	German	PDF
Abridged model	31/12/2011	02/05/2012	17/08/2012	German	PDF
Abridged model	31/12/2010	04/05/2011	28/06/2011	German	PDF
Abridged model	31/12/2009	05/05/2010	06/07/2010	German	PDF
Abridged model	31/12/2008	06/05/2009	20/08/2009	German	PDF
Abridged model	31/12/2007	07/05/2008	08/07/2008	German	PDF
Abridged model	31/12/2006	02/05/2007	08/08/2007	German	PDF

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 · 1 active · 5 ended

Active mandates

D.H.

Director · since 28 décembre 2023 · 0427.868.285

Represented by Verena DOUM

Active

Ended mandates

D.H.

Director · since 28 décembre 2023 · 0427.868.285

Represented by Verena DOUM

Ended

Verena DOUM

Director · since 05 avril 2006

Ended

Verena DOUM

Manager · since 05 avril 2006

Ended

Günther SCHAUS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/01/2024
SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, ) - AENDERUNG RECHTSFORM - ENTLASSUNG - ERNENNUNG
PDF
Capital / shares14/06/2018
KAPITAL - AKTIEN
PDF
Capital / shares22/04/2014
KAPITAL - AKTIEN
PDF
Mandates26/04/2006
GESELLSCHAFTSSITZ - GESELLSCHAFTSNAME - ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
PDF
Other05/05/2003
VERSCHIEDENES
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 202541,8 k €↓
2024
Annual accounts 202444,9 k €↓
2023
Annual accounts 202350,2 k €↑
2022
Annual accounts 202232,8 k €↑
2021
Annual accounts 202131,6 k €↑
2020
Annual accounts 202025,8 k €↑
2019
Annual accounts 20197,7 k €↑
2018
Annual accounts 20187,4 k €↓
2017
Annual accounts 201727,8 k €↑
2016
Annual accounts 201619,3 k €↓
2015
Annual accounts 201520,4 k €↑
2014
Annual accounts 2014-7,5 k €↑
2013
Annual accounts 2013-7,8 k €↓
2012
Annual accounts 20122,9 k €↓
2011
Annual accounts 20118 k €↑
2010
Annual accounts 20104 k €↓
2009
Annual accounts 200931,7 k €↓
2008
Annual accounts 200856,7 k €↓
2007
Annual accounts 200758,3 k €↑
2006
Annual accounts 200649,1 k €
05/09/1984
IncorporationPrivate 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

VEDOCO

Overview

What does VEDOCO 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