ACTIVE

VANDEG

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Financial year 2025 · closed on 31/12/2025

Net result

42,9 k €

+13.7% YoY

Gross margin

89,8 k €

+33.5% YoY

Equity

376,3 k €

-4.0% YoY

What does VANDEG do?

VANDEG is a Private limited company incorporated in 1988. Its main activity is: Management consultancy activities. Its registered office is in Roeselare.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.581.270

Incorporation

24/10/1988

Legal form

Private limited company

Registered office

Hoogleedsesteenweg 256
8800 Roeselare · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 82990Other business support service activities n.e.c.

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	89,8 k €	+33.5%	67,3 k €	-80.2%	340,4 k €	+310%	83 k €	+56.2%	53,1 k €	+1231%	4 k €	-95.2%	83,6 k €	+9.8%	76,1 k €	-30.8%	109,9 k €	-4.4%	114,9 k €	+16.1%	99 k €	+8.4%	91,3 k €	-8.1%	99,4 k €	-3.2%	102,7 k €	-17.5%	124,5 k €	+5.4%	118,1 k €	+2.9%	114,8 k €	+10.8%	103,6 k €	-1.4%	105 k €
EBITDA	86,5 k €	+35.0%	64,1 k €	-81.0%	337 k €	+326%	79,1 k €	+71.2%	46,2 k €	+18014%	255 €	-99.6%	64,4 k €	+111%	30,5 k €	-51.7%	63,1 k €	-15.6%	74,8 k €	+14.3%	65,5 k €	+2.2%	64 k €	+2.6%	62,4 k €	+16.0%	53,8 k €	-24.3%	71,1 k €	+6.9%	66,5 k €	+10.7%	60,1 k €	+60.1%	37,5 k €	-20.0%	46,9 k €
Operating result	63,5 k €	+17.9%	53,8 k €	-83.3%	322 k €	+445%	59,1 k €	+238%	17,5 k €	+163%	-27,8 k €	-179%	35,3 k €	+2641%	-1,4 k €	-104%	35,2 k €	-22.5%	45,4 k €	+140%	18,9 k €	-38.1%	30,5 k €	+27.7%	23,9 k €	+115%	11,1 k €	-64.4%	31,1 k €	+8.4%	28,7 k €	+170%	10,6 k €	+27.5%	8,3 k €	-49.5%	16,5 k €
Net result	42,9 k €	+13.7%	37,8 k €	-84.2%	239,7 k €	+541%	37,4 k €	+158%	14,5 k €	+145%	-31,8 k €	-244%	22,1 k €	+368%	-8,2 k €	-138%	21,4 k €	-30.9%	31 k €	+155%	12,2 k €	-24.3%	16,1 k €	+34.3%	12 k €	+2370%	-527,4 €	-103%	17,2 k €	-0.8%	17,4 k €	+247%	5 k €	+98.8%	2,5 k €	-75.0%	10,1 k €
Balance sheet
Equity	376,3 k €	-4.0%	392,2 k €	+10.7%	354,4 k €	+183%	125,3 k €	-10.8%	140,5 k €	+7.8%	130,3 k €	-19.6%	162,1 k €	+15.8%	140,1 k €	-26.9%	191,7 k €	+7.3%	178,7 k €	+14.3%	156,4 k €	+3.0%	151,8 k €	+5.6%	143,7 k €	+2.8%	139,7 k €	-5.8%	148,3 k €	+6.7%	139 k €	+7.2%	129,6 k €	-2.3%	132,6 k €	-4.0%	138,1 k €
Total assets	741,1 k €	+1.7%	728,9 k €	+46.2%	498,7 k €	+136%	211,5 k €	+7.7%	196,3 k €	-17.6%	238,3 k €	-20.1%	298,4 k €	-7.1%	321,1 k €	-13.0%	368,9 k €	+1.0%	365,3 k €	+0.2%	364,7 k €	-2.1%	372,4 k €	-3.1%	384,2 k €	-6.1%	409,1 k €	-13.3%	471,8 k €	+34.4%	351,2 k €	+4.7%	335,5 k €	+22.6%	273,6 k €	+7.4%	254,8 k €
Cash	271 k €	+103%	133,2 k €	-12.6%	152,4 k €	+122%	68,6 k €	+18.6%	57,8 k €	-39.8%	96,1 k €	-21.3%	122 k €	+51.9%	80,3 k €	-17.7%	97,6 k €	+13.3%	86,1 k €	+201%	28,6 k €	-5.5%	30,3 k €	+15.3%	26,3 k €	-15.8%	31,2 k €	+12.8%	27,6 k €	-3.1%	28,5 k €	+51.5%	18,8 k €	-52.8%	39,9 k €	-4.5%	41,8 k €
Debts	302 k €	+11.0%	272,1 k €	+252%	77,3 k €	-7.9%	83,9 k €	+58.5%	53 k €	-48.7%	103,2 k €	-21.9%	132,1 k €	-26.8%	180,4 k €	+1.9%	177,1 k €	-4.7%	185,9 k €	-10.5%	207,7 k €	-5.6%	220 k €	-8.3%	239,8 k €	-11.0%	269,4 k €	-16.7%	323,6 k €	+52.5%	212,2 k €	+3.1%	205,8 k €	+46.0%	141 k €	+21.1%	116,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,2 ETP	+9.1%	1,1 ETP	+57.1%	0,7 ETP	-41.7%	1,2 ETP	-29.4%	1,7 ETP	-10.5%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	-25.9%	2,7 ETP	-6.9%	2,9 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 · 2 active · 8 ended

Active mandates

CHANTAL VANDOORNE

Director · since 29 mars 2017

Active

STEFAAN DEGRYSE

Director · since 29 mars 2017

Active

Ended mandates

CHANTAL VANDOORNE

Manager · since 29 mars 2017

Ended

STEFAAN DEGRYSE

Manager · since 29 mars 2017

Ended

CHANTAL VANDOORNE

Managing director · since 19 mai 2014 · until 18 mai 2020

Ended

STEFAAN DEGRYSE

Director · since 19 mai 2014 · until 18 mai 2020

Ended

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	16/04/2026	22/05/2025	12/08/2024	11/07/2023	23/05/2022	20/08/2021
General meeting	23/02/2026	19/05/2025	28/06/2024	30/06/2023	16/05/2022	17/05/2021
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	23/02/2026	16/04/2026	Dutch	PDF
Micro model	31/12/2024	19/05/2025	22/05/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	12/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	11/07/2023	Dutch	PDF
Micro model	31/12/2021	16/05/2022	23/05/2022	Dutch	PDF
Micro model	31/12/2020	17/05/2021	20/08/2021	Dutch	PDF
Micro model	31/12/2019	18/05/2020	04/08/2020	Dutch	PDF
Micro model	31/12/2018	19/08/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	20/08/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	27/03/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/07/2016	23/09/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	02/09/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	07/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	11/07/2009	Dutch	PDF
Abridged model	31/12/2007	29/09/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	10/07/2007	Dutch	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 · 2 active · 8 ended

Active mandates

CHANTAL VANDOORNE

Director · since 29 mars 2017

Active

STEFAAN DEGRYSE

Director · since 29 mars 2017

Active

Ended mandates

CHANTAL VANDOORNE

Manager · since 29 mars 2017

Ended

STEFAAN DEGRYSE

Manager · since 29 mars 2017

Ended

CHANTAL VANDOORNE

Managing director · since 19 mai 2014 · until 18 mai 2020

Ended

STEFAAN DEGRYSE

Director · since 19 mai 2014 · until 18 mai 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2017
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates21/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/04/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202542,9 k €↑
2024
Annual accounts 202437,8 k €↓
2023
Annual accounts 2023239,7 k €↑
2022
Annual accounts 202237,4 k €↑
2021
Annual accounts 202114,5 k €↑
2019
Annual accounts 2019-31,8 k €↓
2018
Annual accounts 201822,1 k €↑
2017
Annual accounts 2017-8,2 k €↓
2016
Annual accounts 201621,4 k €↓
2015
Annual accounts 201531 k €↑
2014
Annual accounts 201412,2 k €↓
2013
Annual accounts 201316,1 k €↑
2012
Annual accounts 201212 k €↑
2011
Annual accounts 2011-527,4 €↓
2010
Annual accounts 201017,2 k €↓
2009
Annual accounts 200917,4 k €↑
2008
Annual accounts 20085 k €↑
2007
Annual accounts 20072,5 k €↓
2006
Annual accounts 200610,1 k €
24/10/1988
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

VANDEG

Overview

What does VANDEG do?

Trend over 19 financial years

Indicative valuation

Board of directors

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