VDL BELGIUM
0429.433.450 · rovalta.com · 25/09/2026
VDL BELGIUM
Financial year 2025 · Closed on 31/12/2025
Overview
Identity
Source · BCE/KBOVDL 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
Financials
Source · NBB, 21 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 12,9 M € | -2.0% | 13,2 M € | -13.1% | 15,1 M € | +15.1% | 13,2 M € | +1.9% | 12,9 M € |
| EBITDA | 886,3 k € | +43.6% | 617,2 k € | +0.3% | 615,1 k € | -0.4% | 617,8 k € | +40.3% | 440,5 k € |
| Operating result | 712,4 k € | +255% | 200,6 k € | +56.3% | 128,4 k € | +24.1% | 103,5 k € | +250% | -68,8 k € |
| Net result | 669,6 k € | +613% | 93,9 k € | +320% | -42,8 k € | -570% | 9,1 k € | +108% | -113,7 k € |
| Balance sheet | |||||||||
| Equity | 1,4 M € | +93.5% | 716,5 k € | +15.1% | 622,5 k € | -6.4% | 665,3 k € | +1.4% | 656,2 k € |
| Total assets | 5 M € | -5.3% | 5,3 M € | -19.0% | 6,5 M € | -1.6% | 6,7 M € | -17.1% | 8 M € |
| Cash | 1,4 M € | +69.1% | 822,2 k € | -42.6% | 1,4 M € | +355% | 314,8 k € | +21.3% | 259,5 k € |
| Debts | 3,6 M € | -20.3% | 4,5 M € | -22.6% | 5,8 M € | -2.0% | 5,9 M € | -18.3% | 7,3 M € |
| Other | |||||||||
| Workforce | 51,5 ETP | -7.5% | 55,7 ETP | -9.7% | 61,7 ETP | -11.9% | 70,0 ETP | -6.5% | 74,9 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
Board of directors
Source · NBB, accounts to 31/12/20253 active · 24 ended
Active mandates
Ended mandates
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 22/06/2026 | 24/06/2025 | 03/07/2024 | 07/07/2023 | 16/06/2022 | 16/06/2021 |
| General meeting | 12/06/2026 | 13/06/2025 | 14/06/2024 | 23/06/2023 | 03/06/2022 | 04/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 21 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 12/06/2026 | 22/06/2026 | Dutch | |
| Full model | 31/12/2024 | 13/06/2025 | 24/06/2025 | Dutch | |
| Full model | 31/12/2023 | 14/06/2024 | 03/07/2024 | Dutch | |
| Full model | 31/12/2022 | 23/06/2023 | 07/07/2023 | Dutch | |
| Full model | 31/12/2021 | 03/06/2022 | 16/06/2022 | Dutch | |
| Full model | 31/12/2020 | 04/06/2021 | 16/06/2021 | Dutch | |
| Full model | 31/12/2019 | 05/06/2020 | 26/06/2020 | Dutch | |
| Full model | 31/12/2018 | 07/06/2019 | 14/06/2019 | Dutch | |
| Full model | 31/12/2017 | 01/06/2018 | 14/06/2018 | Dutch | |
| Full model | 31/12/2016 | 02/06/2017 | 21/06/2017 | Dutch | |
| Full model | 31/12/2015 | 03/06/2016 | 15/06/2016 | Dutch | |
| Full model | 31/12/2014 | 05/06/2015 | 19/06/2015 | Dutch | |
| Full model | 31/12/2013 | 06/06/2014 | 27/06/2014 | Dutch | |
| Full model | 31/12/2012 | 07/06/2013 | 03/07/2013 | Dutch | |
| Full model | 31/12/2011 | 01/06/2012 | 20/06/2012 | Dutch | |
| Full model | 31/12/2010 | 03/06/2011 | 21/06/2011 | Dutch | |
| Full modelCorrection | 31/12/2009 | 04/06/2010 | 23/12/2010 | Dutch | |
| Full model | 31/12/2009 | 04/06/2010 | 25/06/2010 | Dutch | |
| Full model | 31/12/2008 | 05/06/2009 | 25/06/2009 | Dutch | |
| Full model | 31/12/2007 | 06/06/2008 | 23/06/2008 | Dutch | |
| Full model | 31/12/2006 | 01/06/2007 | 26/06/2007 | Dutch |
Valuation
Indicative valuation
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20253 active · 24 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates15/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates07/05/2024ONTSLAGEN - BENOEMINGEN
- Other18/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates04/08/2022ONTSLAGEN - BENOEMINGEN
- Mandates23/03/2022ONTSLAGEN - BENOEMINGEN
- Mandates13/09/2019ONTSLAGEN - BENOEMINGEN
- Mandates26/09/2017ONTSLAGEN - BENOEMINGEN
- Other31/07/2017STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025669,6 k €↑
- 2024Annual accounts 202493,9 k €↑
- 2023Annual accounts 2023-42,8 k €↓
- 2022Annual accounts 20229,1 k €↑
- 2021Annual accounts 2021-113,7 k €↓
- 2020Annual accounts 2020300,1 k €↑
- 2019Annual accounts 2019170,4 k €↓
- 2018Annual accounts 2018230,1 k €↑
- 2017Annual accounts 2017-1,2 M €↓
- 2016Annual accounts 2016-336,6 k €↓
- 2015Annual accounts 201559,4 k €↑
- 2014Annual accounts 2014-679 k €↓
- 2013Annual accounts 2013518,3 k €↑
- 2012Annual accounts 2012-617,8 k €↓
- 2011Annual accounts 201199,5 k €↑
- 2010Annual accounts 2010-429,6 k €↑
- 2009Annual accounts 2009-1,5 M €↓
- 2008Annual accounts 2008630,9 k €↓
- 2007Annual accounts 20071,2 M €↑
- 2006Annual accounts 2006370 k €
- 15/09/1986IncorporationPublic limited company