ACTIVE

V.C.

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Financial year 2025 · closed on 31/12/2025

Net result

218,1 k €

+1.4% YoY

Gross margin

325,1 k €

+6.1% YoY

Equity

739,4 k €

0.0% YoY

What does V.C. do?

V.C. is a Public limited company incorporated in 1986. Its main activity is: Buying and selling of own real estate. Its registered office is in Eeklo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.003.086

Incorporation

01/06/1986

Legal form

Public limited company

Registered office

Brugsesteenweg 19
9900 Eeklo · FlandreSee on map

Contributed capital

630 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	325,1 k €	+6.1%	306,5 k €	+0.4%	305,4 k €	+4.4%	292,4 k €	+2.4%	285,7 k €	+22.7%	232,9 k €	-0.8%	234,7 k €	+3.5%	226,7 k €	-3.6%	235,2 k €	-0.4%	236 k €	+0.4%	235 k €	+2.4%	229,6 k €	-1.3%	232,7 k €	+1.6%	229 k €	+3.2%	222 k €	+0.0%	221,9 k €	-3.2%	229,2 k €	+8.1%	212,1 k €
EBITDA	325,1 k €	+6.1%	306,5 k €	+0.4%	305,4 k €	+4.4%	292,4 k €	+2.4%	285,7 k €	+22.7%	232,9 k €	-0.8%	234,7 k €	+3.5%	226,7 k €	-3.6%	235,2 k €	-0.4%	236 k €	+0.4%	235 k €	+2.4%	229,6 k €	-1.3%	232,7 k €	+1.6%	229 k €	+3.2%	222 k €	+0.0%	221,9 k €	-3.2%	229,2 k €	+8.1%	212,1 k €
Operating result	287,8 k €	+5.4%	273,1 k €	+0.1%	272,7 k €	+5.1%	259,6 k €	+3.8%	250 k €	+27.7%	195,8 k €	-0.7%	197,2 k €	+6.5%	185,1 k €	-4.1%	192,9 k €	+3.1%	187,1 k €	+3.6%	180,5 k €	+3.9%	173,6 k €	-4.6%	182 k €	+3.7%	175,6 k €	+2.4%	171,5 k €	-1.7%	174,4 k €	-5.0%	183,5 k €	+9.1%	168,2 k €
Net result	218,1 k €	+1.4%	215 k €	+3.9%	207 k €	+6.7%	194 k €	+6.0%	183 k €	+24.7%	146,8 k €	+6.5%	137,9 k €	+5.3%	131 k €	0.0%	131 k €	-0.8%	132 k €	+1.5%	130 k €	-2.3%	133 k €	-4.3%	139 k €	-0.9%	140,3 k €	+3.2%	136 k €	+0.1%	135,8 k €	-5.7%	144 k €	+1.6%	141,7 k €
Balance sheet
Equity	739,4 k €	0.0%	739,4 k €	+0.1%	738,9 k €	+1.3%	729,6 k €	+0.3%	727,2 k €	+0.1%	726,8 k €	+0.1%	726 k €	+0.1%	725 k €	-45.3%	1,3 M €	+0.2%	1,3 M €	+0.3%	1,3 M €	+0.4%	1,3 M €	+0.4%	1,3 M €	+0.4%	1,3 M €	+0.5%	1,3 M €	+0.6%	1,3 M €	+0.5%	1,3 M €	+0.7%	1,3 M €
Total assets	1 M €	+0.4%	1 M €	+2.1%	1 M €	+1.9%	991 k €	+1.0%	980,8 k €	+2.9%	952,8 k €	+2.7%	927,8 k €	+1.0%	918,4 k €	-39.6%	1,5 M €	+0.6%	1,5 M €	+0.8%	1,5 M €	-2.8%	1,5 M €	+3.1%	1,5 M €	+0.5%	1,5 M €	-3.9%	1,5 M €	+5.7%	1,5 M €	-0.2%	1,5 M €	+1.0%	1,5 M €
Cash	485,5 k €	-0.4%	487,3 k €	-2.2%	498,4 k €	+19.2%	418,1 k €	-6.1%	445,1 k €	+34.3%	331,3 k €	+23.3%	268,7 k €	+20.5%	223 k €	-71.5%	781,8 k €	+6.2%	735,9 k €	+7.6%	684,2 k €	+6.1%	644,9 k €	+3.1%	625,2 k €	+10.0%	568,6 k €	+0.7%	564,7 k €	+12.4%	502,2 k €	+10.9%	452,9 k €	+4.3%	434,4 k €
Debts	292,2 k €	+3.2%	283,1 k €	+6.0%	267,2 k €	+3.8%	257,3 k €	+3.1%	249,5 k €	+12.4%	222 k €	+12.3%	197,7 k €	+4.4%	189,4 k €	-0.9%	191,1 k €	+3.1%	185,4 k €	+4.0%	178,2 k €	-21.3%	226,4 k €	+22.5%	184,9 k €	+1.0%	183 k €	-26.8%	250,1 k €	+43.1%	174,8 k €	-5.2%	184,3 k €	+3.1%	178,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Frankie CANEELE

Mandate

Active

Julia BERLENGEE

Mandate

Active

Paul DE SUTTER

Mandate

Active

Ended mandates

Denise VAN RIE

Mandate

Ended

Frankie CANEELE

Director

Ended

Frankie CANEELE

Managing director

Ended

Julia BERLENGEE

Director

Ended

At this address

Other companies at this address

Company	CBE no.
DESCADMIN● Active	0448.366.860

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	01/01/2025	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	30/04/2026	11/07/2025	28/06/2024	03/07/2023	11/07/2022	08/07/2021
General meeting	03/04/2026	04/04/2025	05/04/2024	07/04/2023	01/04/2022	02/04/2021
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
Abridged model	31/12/2025	03/04/2026	30/04/2026	Dutch	PDF
Abridged model	31/12/2024	04/04/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	05/04/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	07/04/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/04/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	02/04/2021	08/07/2021	Dutch	PDF
Abridged model	31/12/2019	03/04/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	05/04/2019	18/06/2019	Dutch	PDF
Abridged model	31/12/2017	06/04/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	07/04/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/04/2016	21/04/2016	Dutch	PDF
Abridged model	31/12/2014	03/04/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	05/04/2014	23/07/2014	Dutch	PDF
Abridged model	31/12/2012	06/04/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/04/2012	23/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/04/2011	25/05/2011	Dutch	PDF
Abridged model	31/12/2009	03/04/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/04/2009	29/04/2009	Dutch	PDF
Abridged model	31/12/2007	05/04/2008	30/04/2008	Dutch	PDF
Abridged model	31/12/2006	07/04/2007	03/05/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Frankie CANEELE

Mandate

Active

Julia BERLENGEE

Mandate

Active

Paul DE SUTTER

Mandate

Active

Ended mandates

Denise VAN RIE

Mandate

Ended

Frankie CANEELE

Director

Ended

Frankie CANEELE

Managing director

Ended

Julia BERLENGEE

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares30/05/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2009
Ontstag - Benoeming
PDF
Capital / shares22/09/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/12/2004
MAATSCHAPPELIJKE ZETEL - 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 2025218,1 k €↑
2024
Annual accounts 2024215 k €↑
2023
Annual accounts 2023207 k €↑
2022
Annual accounts 2022194 k €↑
2021
Annual accounts 2021183 k €↑
2020
Annual accounts 2020146,8 k €↑
2019
Annual accounts 2019137,9 k €↑
2018
Annual accounts 2018131 k €↑
2017
Annual accounts 2017131 k €↓
2016
Annual accounts 2016132 k €↑
2015
Annual accounts 2015130 k €↓
2014
Annual accounts 2014133 k €↓
2013
Annual accounts 2013139 k €↓
2012
Annual accounts 2012140,3 k €↑
2011
Annual accounts 2011136 k €↑
2010
Annual accounts 2010135,8 k €↓
2009
Annual accounts 2009144 k €↑
2008
Annual accounts 2008141,7 k €
01/06/1986
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

V.C.

Overview

What does V.C. do?

Trend over 18 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