ACTIVE

Vadegu

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Financial year 2025 · closed on 30/06/2025

Net result

286 k €

+118.4% YoY

Gross margin

345,7 k €

-19.5% YoY

Equity

4,1 M €

+2.9% YoY

What does Vadegu do?

Vadegu is a Public limited company incorporated in 1985. Its registered office is in Sint-Gillis-Waas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.168.490

Incorporation

25/11/1985

Legal form

Public limited company

Registered office

Macharius Rheynstraat(DKL) 57
9170 Sint-Gillis-Waas · FlandreSee on map

Contributed capital

2 107 312,52 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	345,7 k €	-19.5%	429,4 k €	+6.3%	403,9 k €	-69.9%	1,3 M €	+187%	467,3 k €	+372%	99 k €	-72.6%	360,8 k €	+79.4%	201,1 k €	-27.0%	275,4 k €	+20.8%	228 k €	+136%	96,7 k €	+18.8%	81,4 k €	+9.8%	74,1 k €	+15.2%	64,4 k €	+7.3%	60 k €	+48.2%	40,5 k €	+53.0%	26,5 k €
EBITDA	312,4 k €	-22.8%	404,4 k €	+6.6%	379,3 k €	-71.2%	1,3 M €	+83.0%	719,9 k €	+6848%	10,4 k €	-96.2%	275,2 k €	+38.5%	198,7 k €	-21.3%	252,7 k €	+17.4%	215,2 k €	+166%	81 k €	+201%	26,9 k €	-61.5%	70 k €	+34.1%	52,2 k €	-1.0%	52,7 k €	+102%	26,1 k €	-6.8%	28 k €
Operating result	264,8 k €	-25.7%	356,3 k €	+7.4%	331,6 k €	-73.9%	1,3 M €	+84.5%	687,7 k €	+2926%	-24,3 k €	-110%	249,8 k €	+44.7%	172,7 k €	-23.5%	225,7 k €	+20.6%	187,1 k €	+231%	56,5 k €	+2101%	2,6 k €	-94.3%	44,9 k €	+99.8%	22,5 k €	-13.8%	26 k €	+137%	-71 k €	-53.6%	-46,2 k €
Net result	286 k €	+118%	-1,6 M €	-822%	215,5 k €	-74.3%	837,3 k €	+270%	226,3 k €	+486%	-58,5 k €	-131%	188,1 k €	+28.5%	146,4 k €	+19.2%	122,8 k €	+203%	40,5 k €	-69.2%	131,8 k €	-21.5%	167,8 k €	+7.4%	156,2 k €	+9.0%	143,3 k €	-18.4%	175,8 k €	+19.8%	146,8 k €	+50.7%	97,4 k €
Balance sheet
Equity	4,1 M €	+2.9%	4 M €	-29.6%	5,6 M €	+4.0%	5,4 M €	+31.1%	4,1 M €	+5.8%	3,9 M €	-36.7%	6,2 M €	+0.1%	6,2 M €	-6.9%	6,6 M €	-0.0%	6,6 M €	-0.4%	6,6 M €	+7.8%	6,2 M €	+9.3%	5,6 M €	+14.2%	4,9 M €	+4.8%	4,7 M €	+5.0%	4,5 M €	+9.2%	4,1 M €
Total assets	5,7 M €	-2.4%	5,9 M €	-21.1%	7,4 M €	-0.7%	7,5 M €	+31.5%	5,7 M €	-3.0%	5,9 M €	-13.1%	6,8 M €	-5.1%	7,1 M €	+0.7%	7,1 M €	+1.7%	6,9 M €	-0.3%	7 M €	+6.4%	6,5 M €	+10.1%	5,9 M €	+13.5%	5,2 M €	+3.7%	5,1 M €	+3.6%	4,9 M €	-2.0%	5 M €
Cash	716,5 k €	+389%	146,5 k €	-69.1%	473,6 k €	-51.1%	969,5 k €	+90.2%	509,7 k €	-76.3%	2,2 M €	-0.7%	2,2 M €	+0.7%	2,1 M €	+0.2%	2,1 M €	+27.4%	1,7 M €	-4.6%	1,8 M €	-5.0%	1,9 M €	+294%	471,6 k €	-2.2%	482,1 k €	+0.5%	479,7 k €	+5.2%	455,9 k €	-48.9%	892,7 k €
Debts	1,5 M €	-18.5%	1,8 M €	+5.5%	1,7 M €	-11.1%	2 M €	+36.4%	1,4 M €	-12.9%	1,7 M €	+417%	319,5 k €	-56.2%	729,2 k €	+218%	229,5 k €	+115%	106,6 k €	+9.5%	97,4 k €	-35.2%	150,2 k €	+166%	56,6 k €	+30.7%	43,3 k €	-40.2%	72,4 k €	-35.1%	111,5 k €	-81.3%	597,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 14 ended

Active mandates

Adolf Van der Gucht

Director · until 19 décembre 2029

Active

Ivan Van Der Gucht

Managing director · until 19 décembre 2029

Active

Ended mandates

Adolf Van der Gucht

Managing director · since 16 décembre 2015

Ended

Ivan Van der Gucht

Director · since 16 décembre 2015

Ended

ADOLF F. VAN DER GUCHT

Managing director · since 16 décembre 2009

Ended

Adolf Van der Gucht

Managing director · since 16 décembre 2009

Ended

At this address

Other companies at this address

Company	CBE no.
OGUN● Active	0505.775.024

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/01/2026	27/03/2025	09/02/2024	31/01/2023	24/01/2022	22/09/2021
General meeting	17/12/2025	25/03/2025	07/02/2024	30/01/2023	31/12/2021	17/09/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	17/12/2025	07/01/2026	Dutch	PDF
Abridged model	30/06/2024	25/03/2025	27/03/2025	Dutch	PDF
Abridged model	30/06/2023	07/02/2024	09/02/2024	Dutch	PDF
Abridged model	30/06/2022	30/01/2023	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	31/12/2021	24/01/2022	Dutch	PDF
Abridged model	30/06/2020	17/09/2021	22/09/2021	Dutch	PDF
Abridged model	30/06/2019	17/09/2021	22/09/2021	Dutch	PDF
Micro model	30/06/2018	19/12/2018	16/01/2019	Dutch	PDF
Abridged model	30/06/2017	20/12/2017	21/12/2017	Dutch	PDF
Abridged model	30/06/2016	21/12/2016	22/12/2016	Dutch	PDF
Abridged model	30/06/2015	16/12/2015	22/12/2015	Dutch	PDF
Abridged model	30/06/2014	17/12/2014	18/12/2014	Dutch	PDF
Abridged model	30/06/2013	18/12/2013	19/12/2013	Dutch	PDF
Abridged modelCorrection	30/06/2012	19/12/2012	23/09/2013	Dutch	PDF
Abridged model	30/06/2012	19/12/2012	30/01/2013	Dutch	PDF
Abridged model	30/06/2011	21/12/2011	26/01/2012	Dutch	PDF
Abridged model	30/06/2010	15/12/2010	12/01/2011	Dutch	PDF
Abridged model	30/06/2009	16/12/2009	22/01/2010	Dutch	PDF
Abridged model	30/06/2008	17/12/2008	27/01/2009	Dutch	PDF
Abridged model	30/06/2007	19/12/2007	30/01/2008	Dutch	PDF
Abridged model	30/06/2006	20/12/2006	16/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 14 ended

Active mandates

Adolf Van der Gucht

Director · until 19 décembre 2029

Active

Ivan Van Der Gucht

Managing director · until 19 décembre 2029

Active

Ended mandates

Adolf Van der Gucht

Managing director · since 16 décembre 2015

Ended

Ivan Van der Gucht

Director · since 16 décembre 2015

Ended

ADOLF F. VAN DER GUCHT

Managing director · since 16 décembre 2009

Ended

Adolf Van der Gucht

Managing director · since 16 décembre 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other13/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring03/08/2018
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates03/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring03/05/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates07/01/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2010
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

2025
Annual accounts 2025286 k €↑
2024
Annual accounts 2024-1,6 M €↓
2023
Annual accounts 2023215,5 k €↓
2022
Annual accounts 2022837,3 k €↑
2019
Annual accounts 2019226,3 k €↑
2018
Annual accounts 2018-58,5 k €↓
2017
Annual accounts 2017188,1 k €↑
2016
Annual accounts 2016146,4 k €↑
2015
Annual accounts 2015122,8 k €↑
2014
Annual accounts 201440,5 k €↓
2013
Annual accounts 2013131,8 k €↓
2012
Annual accounts 2012167,8 k €↑
2011
Annual accounts 2011156,2 k €↑
2010
Annual accounts 2010143,3 k €↓
2009
Annual accounts 2009175,8 k €↑
2008
Annual accounts 2008146,8 k €↑
2007
Annual accounts 200797,4 k €
25/11/1985
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

Vadegu

Overview

What does Vadegu do?

Trend over 17 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