ACTIVE

VEDESCO

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Financial year 2025 · closed on 31/12/2025

Net result

-30,7 k €

-112.8% YoY

Gross margin

-56,4 k €

-117.6% YoY

Equity

705,4 k €

-4.2% YoY

What does VEDESCO do?

VEDESCO is a Public limited company incorporated in 1988. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Lokeren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.223.252

Incorporation

22/12/1988

Legal form

Public limited company

Registered office

Damstraat 218
9180 Lokeren · FlandreSee on map

Contributed capital

350 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

46500Wholesale of information and communication equipment· main 46660Wholesale of other office machinery and equipment 51850Air transport 41101Development of building projects 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores+9

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007
Income statement
Gross margin	-56,4 k €	-118%	319,8 k €	+1060%	-33,3 k €	-159%	56,4 k €	-77.7%	253,6 k €	+133%	109,1 k €	-17.8%	132,8 k €	-63.0%	358,8 k €	+108%	172,4 k €	-2.0%	176 k €	+16.8%	150,7 k €	+10.0%	136,9 k €	+18.0%	116 k €	-87.9%	960,3 k €	+1479%	60,8 k €	+55.7%	39,1 k €	+42726%	91,2 €	-99.6%	26 k €
EBITDA	-88,9 k €	-135%	253,7 k €	+424%	-78,2 k €	-552%	17,3 k €	-92.2%	221,6 k €	+187%	77,2 k €	-23.9%	101,3 k €	-66.3%	300,6 k €	+110%	143,4 k €	-4.1%	149,4 k €	+28.3%	116,5 k €	+3.9%	112,1 k €	+26.5%	88,6 k €	-90.5%	929,3 k €	+1571%	55,6 k €	+63.2%	34,1 k €	+9160%	-376,1 €	-101%	25,5 k €
Operating result	-111,1 k €	-150%	223,3 k €	+267%	-133,7 k €	-608%	-18,9 k €	-110%	180,1 k €	+527%	28,7 k €	-45.5%	52,7 k €	-78.6%	246,8 k €	+204%	81,1 k €	-1.9%	82,8 k €	+86.4%	44,4 k €	+21.1%	36,7 k €	+345%	8,2 k €	-99.0%	829,8 k €	+4002%	20,2 k €	+1637%	-1,3 k €	+97.2%	-46,4 k €	-350%	18,6 k €
Net result	-30,7 k €	-113%	239,7 k €	+302%	-118,9 k €	-334%	50,9 k €	-61.0%	130,6 k €	+570%	19,5 k €	-77.9%	88,4 k €	-47.1%	167 k €	+236%	49,6 k €	-51.8%	102,9 k €	+32.0%	77,9 k €	+204%	25,6 k €	+579%	3,8 k €	-99.2%	472,7 k €	+9302%	-5,1 k €	+85.9%	-36,5 k €	+48.3%	-70,5 k €	-742%	11 k €
Balance sheet
Equity	705,4 k €	-4.2%	736,1 k €	-7.6%	796,4 k €	-13.0%	915,3 k €	+5.9%	864,7 k €	-27.7%	1,2 M €	+1.7%	1,2 M €	+3.3%	1,1 M €	-13.8%	1,3 M €	-12.5%	1,5 M €	+7.3%	1,4 M €	+2.7%	1,4 M €	+1.9%	1,3 M €	+0.3%	1,3 M €	+6274%	21,1 k €	-19.6%	26,2 k €	-58.2%	62,6 k €	-52.9%	133,1 k €
Total assets	1,2 M €	+0.2%	1,2 M €	+19.9%	1 M €	-12.7%	1,1 M €	-27.9%	1,6 M €	+13.7%	1,4 M €	-5.0%	1,5 M €	-0.7%	1,5 M €	-8.6%	1,6 M €	-12.1%	1,9 M €	+5.7%	1,8 M €	-0.8%	1,8 M €	-8.4%	1,9 M €	-10.2%	2,1 M €	+170%	794 k €	+1.0%	786,5 k €	+0.1%	785,6 k €	+121%	355,7 k €
Cash	39,6 k €	+80.5%	21,9 k €	-85.9%	155,9 k €	-35.6%	241,9 k €	-58.4%	582 k €	+870%	60 k €	-33.3%	89,9 k €	+127%	39,6 k €	-57.1%	92,5 k €	-57.9%	219,6 k €	+269%	59,4 k €	+3318%	1,7 k €	-98.5%	115,6 k €	-24.0%	152,1 k €	+11024%	1,4 k €	-32.9%	2 k €	-77.6%	9,1 k €	-32.3%	13,4 k €
Debts	500,5 k €	+7.1%	467,4 k €	+128%	204,7 k €	-12.5%	234 k €	-67.9%	729,2 k €	+253%	206,6 k €	-30.9%	299 k €	-14.0%	347,6 k €	+14.0%	305 k €	-10.0%	339 k €	-1.1%	342,7 k €	-13.0%	393,8 k €	-32.3%	581,9 k €	-26.5%	791,1 k €	+2.3%	773 k €	+1.7%	760,3 k €	+6.6%	713,2 k €	+226%	219 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

Karen De Smet

Director

Active

Ended mandates

MOERINVEST

Director · since 22 janvier 2019 · until 30 juin 2025 · 0686.603.711

Ended

Gertrude Vercauteren

Director

Ended

GERTRUDE VERCAUTEREN

Managing director

Ended

Jozef De Smet

Managing director

Ended

At this address

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MOERINVEST● Active	0686.603.711
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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	25/08/2026	30/08/2025	30/08/2024	20/07/2023	29/08/2022	05/10/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

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	12/06/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	30/08/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	05/10/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	24/09/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	13/08/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	22/10/2018	Dutch	PDF
Abridged modelCorrection	31/12/2016	09/06/2017	25/09/2017	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	09/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	10/08/2016	Dutch	PDF
Abridged model	31/12/2014	28/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	13/09/2013	09/10/2013	Dutch	PDF
Abridged model	31/03/2011	02/09/2011	31/10/2011	Dutch	PDF
Abridged model	31/03/2010	03/09/2010	25/10/2010	Dutch	PDF
Abridged model	31/03/2009	04/09/2009	30/09/2009	Dutch	PDF
Abridged model	31/03/2008	05/09/2008	28/11/2008	Dutch	PDF
Abridged model	31/03/2007	07/09/2007	18/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 8 ended

Active mandates

Karen De Smet

Director

Active

Ended mandates

MOERINVEST

Director · since 22 janvier 2019 · until 30 juin 2025 · 0686.603.711

Ended

Gertrude Vercauteren

Director

Ended

GERTRUDE VERCAUTEREN

Managing director

Ended

Jozef De Smet

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2025
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2024
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/11/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring23/09/2011
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring01/08/2011
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 2025-30,7 k €↓
2024
Annual accounts 2024239,7 k €↑
2024
Name changeVEDESCO - voor neerlegging
2023
Annual accounts 2023-118,9 k €↓
2022
Annual accounts 202250,9 k €↓
2021
Annual accounts 2021130,6 k €↑
2021
Name changeVEDESCO
2020
Annual accounts 202019,5 k €↓
2019
Annual accounts 201988,4 k €↓
2018
Annual accounts 2018167 k €↑
2017
Annual accounts 201749,6 k €↓
2016
Annual accounts 2016102,9 k €↑
2015
Annual accounts 201577,9 k €↑
2014
Annual accounts 201425,6 k €↑
2013
Annual accounts 20133,8 k €↓
2012
Annual accounts 2012472,7 k €↑
2010
Annual accounts 2010-5,1 k €↑
2009
Annual accounts 2009-36,5 k €↑
2008
Annual accounts 2008-70,5 k €↓
2007
Annual accounts 200711 k €
22/12/1988
IncorporationPublic 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

VEDESCO

Overview

What does VEDESCO do?

Trend over 18 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