ACTIVE

VCST International

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Financial year 2025 · Closed on 31/12/2025

Net result-26,6 M €-71,2 %over 1 year

Revenue82,2 M €-15,5 %over 1 year

Equity25,8 M €-50,7 %over 1 year

Workforce206,2 ETP-9,8 %over 1 year

Identity

Source · BCE/KBO

VCST International is a Private limited company incorporated in 1988. Its registered office is in Sint-Truiden. It employs on average 206,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0436.171.188
Incorporation: 14/12/1988
Legal form: Private limited company
Registered office: Lichtenberglaan 1004
3800 Sint-Truiden · FlandreSee on map
Contributed capital: 71 059 747,39 €
Latest accounts: 31/12/2025
Average workforce: 206,2 ETP

Joint committees (2)

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 30 filings

Trend over 5 financial years

	2025		2024		2023		2022		2008
Income statement
Revenue	82,2 M €	-15.5%	97,3 M €	-15.9%	115,7 M €	-0.3%	116,1 M €	+42.3%	81,6 M €
EBITDA	-7,4 M €	-81.6%	-4,1 M €	+71.3%	-14,2 M €	-360%	5,5 M €	-46.3%	10,2 M €
Operating result	-16,5 M €	-23.3%	-13,4 M €	+46.4%	-25 M €	-442%	-4,6 M €	+33.0%	-6,9 M €
Net result	-26,6 M €	-71.2%	-15,5 M €	+63.8%	-42,9 M €	-787%	-4,8 M €	+19.9%	-6 M €
Balance sheet
Equity	25,8 M €	-50.7%	52,4 M €	-22.9%	67,9 M €	-38.7%	110,9 M €	+395%	22,4 M €
Total assets	142,7 M €	-15.2%	168,2 M €	-11.8%	190,6 M €	-11.6%	215,7 M €	-6.9%	231,8 M €
Cash	4 M €	+55.6%	2,6 M €	-47.5%	4,9 M €	+16.3%	4,2 M €	+47.8%	2,8 M €
Debts	108,5 M €	-1.2%	109,8 M €	+3.2%	106,4 M €	+13.8%	93,6 M €	-50.6%	189,3 M €
Other
Workforce	206,2 ETP	-9.8%	228,6 ETP	-15.8%	271,5 ETP	-6.6%	290,7 ETP	-43.5%	514,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 9 ended

Active mandates

MID & CO

Managing director · since 03 décembre 2025 · until 30 avril 2026 · 0788.802.812

Represented by David De Backer

Active

CHOCOSONIFY

Director · since 25 avril 2024 · until 29 mai 2029 · 0478.368.762

Represented by Jean-Christophe Seynaeve

Active

Elinoris

Director · since 25 avril 2024 · until 29 mai 2029 · 0776.516.672

Represented by Tom Willy Jan Adams

Active

Ilse Maria Leon Van der Henst

Director · since 25 avril 2024 · until 29 mai 2029

Active

Ended mandates

WIRE CONSULTING

Director · since 25 avril 2024 · until 29 mai 2029 · 0741.463.446

Represented by Eric Willekens

Ended

Kris Lambrechts

Director · since 04 janvier 2021 · until 03 juin 2025

Ended

WIRE CONSULTING

Director · since 04 janvier 2021 · until 03 juin 2025 · 0741.463.446

Represented by Eric Willekens

Ended

WIRE CONSULTING

Director · since 04 janvier 2021 · until 29 mai 2029 · 0741.463.446

Represented by Eric Willekens

Ended

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	11/06/2026	30/06/2025	21/06/2024	13/06/2023	16/06/2022	22/06/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	06/06/2023	07/06/2022	01/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 30 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	27/05/2025	30/06/2025	Dutch	PDF
Full model	31/12/2023	28/05/2024	21/06/2024	Dutch	PDF
Full model	31/12/2022	06/06/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	07/06/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	01/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	25/06/2020	Dutch	PDF
Full model	31/12/2018	04/06/2019	18/06/2019	Dutch	PDF
Full model	31/12/2017	05/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	07/06/2016	20/06/2016	Dutch	PDF
Consolidated accounts	31/12/2015	07/06/2016	16/06/2016	Dutch	PDF
Full model	31/12/2014	02/06/2015	25/06/2015	Dutch	PDF
Consolidated accounts	31/12/2014	02/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	03/06/2014	26/06/2014	Dutch	PDF
Consolidated accounts	31/12/2013	03/06/2014	26/06/2014	Dutch	PDF
Full model	31/12/2012	04/06/2013	18/06/2013	Dutch	PDF
Consolidated accounts	31/12/2012	04/06/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	15/06/2012	Dutch	PDF
Consolidated accounts	31/12/2011	05/06/2012	15/06/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	07/07/2011	Dutch	PDF
Consolidated accounts	31/12/2010	07/06/2011	07/07/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	30/06/2010	Dutch	PDF
Consolidated accounts	31/12/2009	01/06/2010	30/06/2010	Dutch	PDF

View all 30 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

4 active · 9 ended

Active mandates

MID & CO

Managing director · since 03 décembre 2025 · until 30 avril 2026 · 0788.802.812

Represented by David De Backer

Active

CHOCOSONIFY

Director · since 25 avril 2024 · until 29 mai 2029 · 0478.368.762

Represented by Jean-Christophe Seynaeve

Active

Elinoris

Director · since 25 avril 2024 · until 29 mai 2029 · 0776.516.672

Represented by Tom Willy Jan Adams

Active

Ilse Maria Leon Van der Henst

Director · since 25 avril 2024 · until 29 mai 2029

Active

Ended mandates

WIRE CONSULTING

Director · since 25 avril 2024 · until 29 mai 2029 · 0741.463.446

Represented by Eric Willekens

Ended

Kris Lambrechts

Director · since 04 janvier 2021 · until 03 juin 2025

Ended

WIRE CONSULTING

Director · since 04 janvier 2021 · until 03 juin 2025 · 0741.463.446

Represented by Eric Willekens

Ended

WIRE CONSULTING

Director · since 04 janvier 2021 · until 29 mai 2029 · 0741.463.446

Represented by Eric Willekens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other02/07/2026
DIVERSEN
PDF
Other20/05/2026
DIVERSEN
PDF
Mandates19/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/01/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2021
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025-26,6 M €↓
03/12/2025
nominationMID & Co SRL — bestuurder
27/05/2025
nominationEV Bedrijfsrevisoren BV — commissaris
2024
Annual accounts 2024-15,5 M €↑
16/04/2024
nominationCHOCOSONIFY — A-bestuurder
16/04/2024
nominationIlse Maria Leon Van der Henst — A-bestuurder
16/04/2024
nominationWIRE CONSULTING — B-bestuurder
16/04/2024
nominationElinoris — B-bestuurder
2023
Annual accounts 2023-42,9 M €↓
2023
Name changeVCST International BV
2022
Annual accounts 2022-4,8 M €↑
07/06/2022
reconductionEY Bedrijfsrevisoren BV — commissaris
2022
Name changeVCST INDUSTRIAL PRODUCTS
2008
Annual accounts 2008-6 M €
14/12/1988
IncorporationPrivate limited company

VCST International

Overview

Identity

Financials

Valuation

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

Timeline