ACTIVE

VDZ

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Financial year 2025 · closed on 30/06/2025

Net result

186 k €

+9.2% YoY

Gross margin

1,9 M €

+7.6% YoY

Equity

456,8 k €

0.0% YoY

Workforce

16,9 ETP

+3.7% YoY

What does VDZ do?

VDZ is a Private limited company incorporated in 1988. Its registered office is in Lendelede. It employs on average 16,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.378.452

Incorporation

30/12/1988

Legal form

Private limited company

Registered office

Rozebeeksestraat 103
8860 Lendelede · FlandreSee on map

Contributed capital

158 554,86 €

Latest accounts

30/06/2025

Average workforce

16,9 ETP

Joint committees (6)

149
14901
200
2000
201
218

Contacts

4 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,9 M €	+7.6%	1,7 M €	+0.6%	1,7 M €	+32.7%	1,3 M €	-1.4%	1,3 M €	+5.7%	1,2 M €	-11.2%	1,4 M €	+33.3%	1 M €	+6.9%	979,5 k €	-12.0%	1,1 M €	+24.2%	896,5 k €	-21.6%	1,1 M €	+18.3%	967 k €	-7.8%	1 M €	+21.3%	864,2 k €	+5.7%	817,5 k €
EBITDA	409 k €	+22.9%	332,8 k €	-34.4%	507,6 k €	+76.5%	287,6 k €	-10.3%	320,6 k €	+3.5%	309,8 k €	-41.3%	527,6 k €	+183%	186,2 k €	-14.6%	218 k €	-27.4%	300,2 k €	+241%	87,9 k €	-72.4%	318,8 k €	+42.4%	223,9 k €	+40.7%	159,2 k €	+3.9%	153,1 k €	-1.4%	155,2 k €
Operating result	339,3 k €	+20.7%	281 k €	-35.9%	438,6 k €	+274%	117,4 k €	-14.4%	137,2 k €	+10.3%	124,4 k €	-67.7%	385,3 k €	+797%	-55,3 k €	+18.6%	-67,9 k €	-891%	8,6 k €	+104%	-214,1 k €	-803%	30,4 k €	+27.5%	23,9 k €	-35.0%	36,8 k €	-11.8%	41,7 k €	-29.9%	59,5 k €
Net result	186 k €	+9.2%	170,3 k €	-42.2%	294,8 k €	+291%	75,4 k €	-22.3%	97 k €	+9.2%	88,8 k €	-74.0%	341,5 k €	+608%	-67,3 k €	+24.5%	-89,1 k €	-452%	25,3 k €	+111%	-238,1 k €	-54043%	441,4 €	-25.4%	591,7 €	-95.2%	12,4 k €	-25.7%	16,7 k €	-32.2%	24,6 k €
Balance sheet
Equity	456,8 k €	0.0%	456,8 k €	+0.1%	456,5 k €	-16.4%	545,8 k €	+16.0%	470,4 k €	+26.0%	373,5 k €	+31.2%	284,6 k €	+600%	-56,9 k €	-648%	10,4 k €	-89.6%	99,5 k €	+34.1%	74,2 k €	-77.7%	332,3 k €	+0.1%	331,9 k €	+0.2%	331,3 k €	+3.9%	318,9 k €	+5.5%	302,2 k €
Total assets	4 M €	+55.4%	2,5 M €	+2.5%	2,5 M €	+30.7%	1,9 M €	-8.3%	2,1 M €	+11.9%	1,9 M €	+7.5%	1,7 M €	+19.0%	1,4 M €	-19.1%	1,8 M €	-10.8%	2 M €	-16.5%	2,4 M €	-15.6%	2,8 M €	-1.6%	2,9 M €	+72.3%	1,7 M €	+34.8%	1,2 M €	+7.1%	1,2 M €
Cash	190,3 k €	+70.6%	111,5 k €	-40.7%	188 k €	+58.0%	119 k €	-21.6%	151,8 k €	+47.4%	103 k €	+91.4%	53,8 k €	+153%	21,3 k €	-86.2%	154,4 k €	-34.7%	236,4 k €	+92.6%	122,8 k €	-46.7%	230,2 k €	+149%	92,5 k €	-51.8%	192 k €	+73.3%	110,8 k €	-32.2%	163,3 k €
Debts	3,5 M €	+67.3%	2,1 M €	+3.0%	2 M €	+66.7%	1,2 M €	-17.0%	1,5 M €	+9.3%	1,3 M €	+3.2%	1,3 M €	-4.1%	1,4 M €	-16.2%	1,6 M €	-6.7%	1,7 M €	-19.5%	2,2 M €	-7.8%	2,3 M €	-2.0%	2,4 M €	+103%	1,2 M €	+26.6%	926,6 k €	+7.7%	860,2 k €
Other
Workforce	16,9 ETP	+3.7%	16,3 ETP	-2.4%	16,7 ETP	+12.8%	14,8 ETP	-1.3%	15,0 ETP	+3.4%	14,5 ETP	+4.3%	13,9 ETP	-2.1%	14,2 ETP	+9.2%	13,0 ETP	-3.0%	13,4 ETP	+8.1%	12,4 ETP	-11.4%	14,0 ETP	+8.5%	12,9 ETP	+3.2%	12,5 ETP	-3.1%	12,9 ETP	+0.8%	12,8 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 30/06/2025 · 2 active · 7 ended

Active mandates

GEERT VANDEZANDE

Director

Active

MVR

Director · 0672.577.214

Represented by VROMAN MAXIM

Active

Ended mandates

Maxim Vroman

Manager · since 01 octobre 2012

Ended

Geert Vandezande

Manager · since 20 mai 2005

Ended

Geert Vandezande

Manager · since 30 décembre 1988

Ended

Geert Vandezande

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AGM● Active	0748.792.785
GMA● Active	1020.512.452
PLUG 15● Active	1023.480.355
VDZ-GROEP● Active	0773.348.237

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/12/2025	30/01/2025	30/01/2024	30/01/2023	21/12/2021	20/09/2021
General meeting	05/12/2025	30/12/2024	30/12/2023	29/12/2022	03/12/2021	17/09/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	05/12/2025	15/12/2025	Dutch	PDF
Abridged model	30/06/2024	30/12/2024	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	30/12/2023	30/01/2024	Dutch	PDF
Abridged model	30/06/2022	29/12/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	03/12/2021	21/12/2021	Dutch	PDF
Abridged model	30/06/2020	17/09/2021	20/09/2021	Dutch	PDF
Abridged model	30/06/2019	30/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	17/12/2018	10/01/2019	Dutch	PDF
Abridged model	30/06/2017	29/12/2017	24/01/2018	Dutch	PDF
Abridged model	30/06/2016	16/12/2016	18/01/2017	Dutch	PDF
Abridged model	30/06/2015	04/12/2015	23/12/2015	Dutch	PDF
Abridged model	30/06/2014	05/12/2014	05/01/2015	Dutch	PDF
Abridged model	30/06/2013	06/12/2013	24/12/2013	Dutch	PDF
Abridged model	30/06/2012	28/12/2012	24/01/2013	Dutch	PDF
Abridged model	30/06/2011	22/12/2011	25/01/2012	Dutch	PDF
Abridged model	30/06/2010	03/12/2010	05/01/2011	Dutch	PDF
Abridged model	30/06/2009	02/12/2009	20/12/2009	Dutch	PDF
Abridged model	30/06/2008	17/12/2008	22/12/2008	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	24/12/2007	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 30/06/2025 · 2 active · 7 ended

Active mandates

GEERT VANDEZANDE

Director

Active

MVR

Director · 0672.577.214

Represented by VROMAN MAXIM

Active

Ended mandates

Maxim Vroman

Manager · since 01 octobre 2012

Ended

Geert Vandezande

Manager · since 20 mai 2005

Ended

Geert Vandezande

Manager · since 30 décembre 1988

Ended

Geert Vandezande

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares08/12/2023
KAPITAAL - AANDELEN
PDF
Restructuring18/01/2022
BENAMING - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates31/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/07/2014
KAPITAAL - AANDELEN
PDF
Mandates23/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/06/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
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 2025186 k €↑
2024
Annual accounts 2024170,3 k €↓
2023
Annual accounts 2023294,8 k €↑
2021
Annual accounts 202175,4 k €↓
2020
Annual accounts 202097 k €↑
2019
Annual accounts 201988,8 k €↓
2018
Annual accounts 2018341,5 k €↑
2017
Annual accounts 2017-67,3 k €↑
2016
Annual accounts 2016-89,1 k €↓
2015
Annual accounts 201525,3 k €↑
2014
Annual accounts 2014-238,1 k €↓
2013
Annual accounts 2013441,4 €↓
2012
Annual accounts 2012591,7 €↓
2011
Annual accounts 201112,4 k €↓
2010
Annual accounts 201016,7 k €↓
2009
Annual accounts 200924,6 k €
30/12/1988
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

VDZ

Overview

What does VDZ do?

Trend over 16 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