ACTIVE

VENCO

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Financial year 2025 · closed on 31/12/2025

Net result

24,9 k €

-50.6% YoY

Gross margin

620,8 k €

+0.7% YoY

Equity

177,4 k €

+16.4% YoY

Workforce

9,3 ETP

-3.1% YoY

What does VENCO do?

VENCO is a Private limited company incorporated in 1988. Its registered office is in Hamme (Vl.). It employs on average 9,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.777.745

Incorporation

03/11/1988

Legal form

Private limited company

Registered office

Zwaarveld 41 box C
9220 Hamme (Vl.) · FlandreSee on map

Contributed capital

44 000,00 €

Latest accounts

31/12/2025

Average workforce

9,3 ETP

Joint committees (4)

124
1240
200
2000

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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	620,8 k €	+0.7%	616,2 k €	+3.2%	596,9 k €	-12.0%	677,9 k €	+9.2%	621,1 k €	+58.0%	393,1 k €	-9.5%	434,2 k €	+5.7%	411 k €	-10.9%	461,3 k €	-19.8%	575,3 k €	+29.3%	444,9 k €	-22.2%	572 k €	+6.1%	538,9 k €	-8.5%	588,8 k €	+22.9%	479,2 k €	-12.4%	546,9 k €	+3.0%	531,1 k €	+8.2%	490,9 k €	+11.6%	440 k €
EBITDA	73 k €	-17.8%	88,7 k €	+34.8%	65,8 k €	+23.8%	53,2 k €	-39.3%	87,6 k €	+144%	-198,3 k €	-2036%	10,2 k €	-89.7%	99,7 k €	-9.1%	109,7 k €	+19.9%	91,6 k €	+33.9%	68,4 k €	-39.3%	112,8 k €	+93.5%	58,3 k €	-57.0%	135,4 k €	+117%	62,4 k €	-50.3%	125,6 k €	-0.3%	126 k €	+37.4%	91,7 k €	-1.8%	93,4 k €
Operating result	44,6 k €	-36.2%	69,9 k €	+45.8%	47,9 k €	+96.5%	24,4 k €	-56.3%	55,8 k €	+122%	-248,6 k €	-421%	-47,7 k €	-242%	33,7 k €	-24.9%	44,8 k €	+261%	12,4 k €	+398%	-4,2 k €	-111%	37,3 k €	+336%	-15,8 k €	-129%	53,8 k €	+692%	-9,1 k €	-117%	53 k €	-24.1%	69,8 k €	+78.4%	39,1 k €	-18.1%	47,8 k €
Net result	24,9 k €	-50.6%	50,4 k €	+82.8%	27,6 k €	+2.8%	26,8 k €	-60.8%	68,6 k €	+127%	-252,8 k €	-420%	-48,6 k €	-323%	21,8 k €	-29.0%	30,7 k €	+48.2%	20,7 k €	+330%	-9 k €	-128%	31,6 k €	+242%	-22,3 k €	-157%	38,8 k €	+524%	6,2 k €	-84.1%	39,2 k €	-17.4%	47,5 k €	+62.8%	29,1 k €	-11.3%	32,9 k €
Balance sheet
Equity	177,4 k €	+16.4%	152,5 k €	+49.4%	102 k €	-41.5%	174,4 k €	+18.2%	147,6 k €	+53.1%	96,4 k €	-72.4%	349,2 k €	-12.2%	397,8 k €	+5.8%	376 k €	+8.9%	345,3 k €	+6.4%	324,6 k €	-2.7%	333,6 k €	+10.5%	302 k €	-6.9%	324,3 k €	+13.6%	285,4 k €	+2.2%	279,2 k €	+16.3%	240,1 k €	+24.6%	192,6 k €	+17.8%	163,5 k €
Total assets	741,3 k €	-17.9%	903,4 k €	-5.2%	953,5 k €	-9.3%	1,1 M €	+12.5%	935 k €	+108%	450 k €	-6.4%	480,7 k €	+0.8%	476,8 k €	-2.7%	490,1 k €	-1.0%	495,2 k €	-1.6%	503,2 k €	-15.0%	592,3 k €	+4.0%	569,5 k €	-18.6%	699,3 k €	+35.3%	516,6 k €	-7.3%	557,3 k €	+48.6%	375 k €	+13.8%	329,4 k €	-6.4%	352,1 k €
Cash	280,3 k €	+450%	51 k €	+25.3%	40,7 k €	-10.4%	45,4 k €	+42.5%	31,9 k €	+1266%	2,3 k €	-96.3%	63,5 k €	-68.7%	202,9 k €	+26.9%	159,8 k €	+9.9%	145,4 k €	+18.0%	123,3 k €	-13.2%	142 k €	+1108%	11,8 k €	-90.3%	121,3 k €	-0.9%	122,4 k €	+40.7%	87 k €	+150%	34,9 k €	-49.3%	68,8 k €	+116%	31,8 k €
Debts	546,1 k €	-26.0%	738,5 k €	-11.9%	838,7 k €	-3.2%	866,9 k €	+11.5%	777,3 k €	+120%	353,6 k €	+177%	127,7 k €	+61.4%	79,1 k €	-21.8%	101,2 k €	-32.1%	148,9 k €	-16.6%	178,6 k €	-30.8%	258 k €	-3.6%	267,6 k €	-28.7%	375 k €	+62.2%	231,2 k €	-15.0%	272 k €	+102%	135 k €	-1.4%	136,8 k €	-27.4%	188,6 k €
Other
Workforce	9,3 ETP	-3.1%	9,6 ETP	-2.0%	9,8 ETP	-16.2%	11,7 ETP	+13.6%	10,3 ETP	-16.9%	12,4 ETP	+17.0%	10,6 ETP	+20.5%	8,8 ETP	-2.2%	9,0 ETP	-18.9%	11,1 ETP	+27.6%	8,7 ETP	-20.9%	11,0 ETP	0.0%	11,0 ETP	+3.8%	10,6 ETP	+1.9%	10,4 ETP	+3.0%	10,1 ETP	+1.0%	10,0 ETP	-11.5%	11,3 ETP	-11.7%	12,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

BAST

Director · since 28 novembre 2023 · 0669.530.028

Represented by Stijn Verhelst

Active

Ended mandates

BAST

Director · since 28 novembre 2023 · 0669.530.028

Represented by Stijn VERHELST

Ended

BAST

Director · since 01 mars 2018 · 0669.530.028

Represented by Verhelst STIJN

Ended

BAST

Manager · since 01 mars 2018 · 0669.530.028

Represented by Stijn Verhelst

Ended

BAST

Director · 0669.530.028

Represented by Stijn Verhelst

Ended

At this address

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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	10/04/2026	13/03/2025	14/05/2024	14/07/2023	29/07/2022	19/11/2021
General meeting	08/04/2026	07/03/2025	29/04/2024	26/06/2023	30/06/2022	06/10/2021
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	08/04/2026	10/04/2026	Dutch	PDF
Abridged model	31/12/2024	07/03/2025	13/03/2025	Dutch	PDF
Abridged model	31/12/2023	29/04/2024	14/05/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	06/10/2021	19/11/2021	Dutch	PDF
Abridged model	31/12/2019	25/09/2020	25/09/2020	Dutch	PDF
Abridged model	31/12/2018	30/07/2019	21/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/07/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	25/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 6 ended

Active mandates

BAST

Director · since 28 novembre 2023 · 0669.530.028

Represented by Stijn Verhelst

Active

Ended mandates

BAST

Director · since 28 novembre 2023 · 0669.530.028

Represented by Stijn VERHELST

Ended

BAST

Director · since 01 mars 2018 · 0669.530.028

Represented by Verhelst STIJN

Ended

BAST

Manager · since 01 mars 2018 · 0669.530.028

Represented by Stijn Verhelst

Ended

BAST

Director · 0669.530.028

Represented by Stijn Verhelst

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/04/2018
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 202524,9 k €↓
2024
Annual accounts 202450,4 k €↑
2023
Annual accounts 202327,6 k €↑
2022
Annual accounts 202226,8 k €↓
2021
Annual accounts 202168,6 k €↑
2019
Annual accounts 2019-252,8 k €↓
2018
Annual accounts 2018-48,6 k €↓
2017
Annual accounts 201721,8 k €↓
2016
Annual accounts 201630,7 k €↑
2015
Annual accounts 201520,7 k €↑
2014
Annual accounts 2014-9 k €↓
2013
Annual accounts 201331,6 k €↑
2012
Annual accounts 2012-22,3 k €↓
2011
Annual accounts 201138,8 k €↑
2010
Annual accounts 20106,2 k €↓
2009
Annual accounts 200939,2 k €↓
2008
Annual accounts 200847,5 k €↑
2007
Annual accounts 200729,1 k €↓
2006
Annual accounts 200632,9 k €
03/11/1988
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

VENCO

Overview

What does VENCO do?

Trend over 19 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