ACTIVE

VDL BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result669,6 k €+612,8 %over 1 year
Revenue12,9 M €-2,0 %over 1 year
Equity1,4 M €+93,5 %over 1 year
Workforce51,5 ETP-7,5 %over 1 year

Identity

Source · BCE/KBO

VDL BELGIUM is a Public limited company incorporated in 1986. Its registered office is in Aalst. It employs on average 51,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.433.450
Incorporation
15/09/1986
Legal form
Public limited company
Registered office
Industrielaan 15
9320 Aalst · FlandreSee on map
Contributed capital
124 000,00 €
Latest accounts
31/12/2025
Average workforce
51,5 ETP
Joint committees (2)
  • 111
  • 209
Contacts
2 public details availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue12,9 M €13,2 M €15,1 M €13,2 M €12,9 M €
EBITDA886,3 k €617,2 k €615,1 k €617,8 k €440,5 k €
Operating result712,4 k €200,6 k €128,4 k €103,5 k €-68,8 k €
Net result669,6 k €93,9 k €-42,8 k €9,1 k €-113,7 k €
Balance sheet
Equity1,4 M €716,5 k €622,5 k €665,3 k €656,2 k €
Total assets5 M €5,3 M €6,5 M €6,7 M €8 M €
Cash1,4 M €822,2 k €1,4 M €314,8 k €259,5 k €
Debts3,6 M €4,5 M €5,8 M €5,9 M €7,3 M €
Other
Workforce51,5 ETP55,7 ETP61,7 ETP70,0 ETP74,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 24 ended

Active mandates

Joeri Teirlinck

Director · since 01 avril 2024 · until 09 juin 2028

Active
VDL Holding Belgium

Director · since 03 juin 2022 · until 09 juin 2028 · 0465.057.293

Represented by Leen A. Van de Voorde

Active
VDL International BV

Director · since 03 juin 2022 · until 09 juin 2028 · 0871.379.407

Represented by Josephus P.J.M. van Meijl

Active

Ended mandates

VDL Holding Belgium

Director · since 03 juin 2022 · until 02 juin 2028 · 0465.057.293

Represented by Leen A. Van de Voorde

Ended
VDL International BV

Director · since 03 juin 2022 · until 02 juin 2028 · 0871.379.407

Represented by Josephus P.J.M. van Meijl

Ended
Stephan J.H. Peeters

Director · since 02 juin 2017 · until 06 mars 2022

Ended
Stephan J.H. Peeters

Director · since 02 juin 2017 · until 02 juin 2023

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date22/06/202624/06/202503/07/202407/07/202316/06/202216/06/2021
General meeting12/06/202613/06/202514/06/202423/06/202303/06/202204/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/06/202622/06/2026DutchPDF
Full model31/12/202413/06/202524/06/2025DutchPDF
Full model31/12/202314/06/202403/07/2024DutchPDF
Full model31/12/202223/06/202307/07/2023DutchPDF
Full model31/12/202103/06/202216/06/2022DutchPDF
Full model31/12/202004/06/202116/06/2021DutchPDF
Full model31/12/201905/06/202026/06/2020DutchPDF
Full model31/12/201807/06/201914/06/2019DutchPDF
Full model31/12/201701/06/201814/06/2018DutchPDF
Full model31/12/201602/06/201721/06/2017DutchPDF
Full model31/12/201503/06/201615/06/2016DutchPDF
Full model31/12/201405/06/201519/06/2015DutchPDF
Full model31/12/201306/06/201427/06/2014DutchPDF
Full model31/12/201207/06/201303/07/2013DutchPDF
Full model31/12/201101/06/201220/06/2012DutchPDF
Full model31/12/201003/06/201121/06/2011DutchPDF
Full modelCorrection31/12/200904/06/201023/12/2010DutchPDF
Full model31/12/200904/06/201025/06/2010DutchPDF
Full model31/12/200805/06/200925/06/2009DutchPDF
Full model31/12/200706/06/200823/06/2008DutchPDF
Full model31/12/200601/06/200726/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

3 active · 24 ended

Active mandates

Joeri Teirlinck

Director · since 01 avril 2024 · until 09 juin 2028

Active
VDL Holding Belgium

Director · since 03 juin 2022 · until 09 juin 2028 · 0465.057.293

Represented by Leen A. Van de Voorde

Active
VDL International BV

Director · since 03 juin 2022 · until 09 juin 2028 · 0871.379.407

Represented by Josephus P.J.M. van Meijl

Active

Ended mandates

VDL Holding Belgium

Director · since 03 juin 2022 · until 02 juin 2028 · 0465.057.293

Represented by Leen A. Van de Voorde

Ended
VDL International BV

Director · since 03 juin 2022 · until 02 juin 2028 · 0871.379.407

Represented by Josephus P.J.M. van Meijl

Ended
Stephan J.H. Peeters

Director · since 02 juin 2017 · until 06 mars 2022

Ended
Stephan J.H. Peeters

Director · since 02 juin 2017 · until 02 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/07/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025669,6 k €↑
  2. 2024
    Annual accounts 202493,9 k €↑
  3. 2023
    Annual accounts 2023-42,8 k €↓
  4. 2022
    Annual accounts 20229,1 k €↑
  5. 2021
    Annual accounts 2021-113,7 k €↓
  6. 2020
    Annual accounts 2020300,1 k €↑
  7. 2019
    Annual accounts 2019170,4 k €↓
  8. 2018
    Annual accounts 2018230,1 k €↑
  9. 2017
    Annual accounts 2017-1,2 M €↓
  10. 2016
    Annual accounts 2016-336,6 k €↓
  11. 2015
    Annual accounts 201559,4 k €↑
  12. 2014
    Annual accounts 2014-679 k €↓
  13. 2013
    Annual accounts 2013518,3 k €↑
  14. 2012
    Annual accounts 2012-617,8 k €↓
  15. 2011
    Annual accounts 201199,5 k €↑
  16. 2010
    Annual accounts 2010-429,6 k €↑
  17. 2009
    Annual accounts 2009-1,5 M €↓
  18. 2008
    Annual accounts 2008630,9 k €↓
  19. 2007
    Annual accounts 20071,2 M €↑
  20. 2006
    Annual accounts 2006370 k €
  21. 15/09/1986
    IncorporationPublic limited company