ACTIVE

V.B.G.

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

6,7 k €

-31.6% YoY

Gross margin

17,7 k €

-3.2% YoY

Equity

83,9 k €

+1.5% YoY

What does V.B.G. do?

V.B.G. is a Private limited company incorporated in 1989. Its registered office is in Kapellen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.888.979

Incorporation

03/07/1989

Legal form

Private limited company

Registered office

Kalmthoutsesteenweg 32
2950 Kapellen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	17,7 k €	-3.2%	18,3 k €	+0.2%	18,2 k €	+6.0%	17,2 k €	-12.7%	19,7 k €	+49.8%	13,1 k €	+41.5%	9,3 k €	+33.3%	7 k €	-55.3%	15,6 k €	+88.4%	8,3 k €	-10.4%	9,2 k €	+56.3%	5,9 k €	-2.8%	6,1 k €	+96.6%	3,1 k €	-44.5%	5,6 k €	-21.5%	7,1 k €	+137%	3 k €	-73.0%	11,1 k €	+4.1%	10,6 k €	-10.5%	11,9 k €
EBITDA	11,4 k €	-6.2%	12,2 k €	-17.5%	14,8 k €	+5.1%	14,1 k €	-15.4%	16,6 k €	+64.7%	10,1 k €	+57.0%	6,4 k €	+54.6%	4,2 k €	-68.6%	13,2 k €	+141%	5,5 k €	-15.8%	6,5 k €	+103%	3,2 k €	-5.7%	3,4 k €	+522%	547,6 €	-82.3%	3,1 k €	-33.8%	4,7 k €	+719%	571 €	-93.5%	8,7 k €	+7.1%	8,2 k €	-17.5%	9,9 k €
Operating result	8,8 k €	-28.0%	12,2 k €	+3.6%	11,8 k €	+14.3%	10,3 k €	-19.9%	12,9 k €	+103%	6,3 k €	+138%	2,7 k €	+246%	768,8 €	-91.9%	9,5 k €	+452%	1,7 k €	-37.6%	2,7 k €	+1646%	-177,6 €	-1132%	17,2 €	-96.9%	547,6 €	+284%	-296,9 €	-123%	1,3 k €	+134%	-3,8 k €	-187%	4,4 k €	+15.2%	3,8 k €	-31.3%	5,5 k €
Net result	6,7 k €	-31.6%	9,8 k €	-12.5%	11,2 k €	+12.8%	9,9 k €	-10.1%	11 k €	+77.3%	6,2 k €	+137%	2,6 k €	+1160%	208,9 €	-97.2%	7,4 k €	+363%	1,6 k €	-38.9%	2,6 k €	+1401%	-201,5 €	-455%	56,8 €	-88.3%	483,7 €	+2034%	-25 €	-102%	1,5 k €	+145%	-3,3 k €	-236%	2,4 k €	+54.0%	1,6 k €	-50.0%	3,2 k €
Balance sheet
Equity	83,9 k €	+1.5%	82,7 k €	+2.9%	80,4 k €	+2.8%	78,2 k €	+1.2%	77,3 k €	+7.0%	72,2 k €	+0.3%	72 k €	+0.2%	71,8 k €	+0.3%	71,6 k €	+11.5%	64,2 k €	+2.6%	62,6 k €	+4.4%	60 k €	-0.3%	60,2 k €	+0.1%	60,2 k €	-41.6%	103,1 k €	-0.0%	103,1 k €	+1.5%	101,6 k €	-3.2%	104,9 k €	+2.4%	102,5 k €	+1.6%	100,9 k €
Total assets	180,4 k €	+1.6%	177,5 k €	+85.2%	95,8 k €	+3.6%	92,5 k €	+9.4%	84,5 k €	+3.1%	82 k €	+7.5%	76,2 k €	+2.8%	74,2 k €	-7.4%	80,1 k €	+7.5%	74,5 k €	-7.3%	80,3 k €	-9.0%	88,3 k €	-3.2%	91,2 k €	-3.6%	94,6 k €	-8.6%	103,5 k €	+0.4%	103,1 k €	-1.7%	104,9 k €	-7.0%	112,8 k €	+0.0%	112,8 k €	-2.7%	116 k €
Cash	21,4 €	-99.9%	33,9 k €	+105%	16,5 k €	-62.2%	43,7 k €	+23.7%	35,4 k €	+34.5%	26,3 k €	+46.5%	18 k €	+36.6%	13,1 k €	-18.0%	16 k €	+137%	6,8 k €	-23.1%	8,8 k €	-36.7%	13,9 k €	+1.7%	13,7 k €	-0.0%	13,7 k €	-14.1%	15,9 k €	+9.8%	14,5 k €	+77.3%	8,2 k €	-60.9%	20,9 k €	+26.5%	16,5 k €	+7.9%	15,3 k €
Debts	96,5 k €	+1.7%	94,8 k €	+514%	15,5 k €	+7.8%	14,3 k €	+96.9%	7,3 k €	-25.3%	9,7 k €	+290%	2,5 k €	+202%	827,3 €	-90.2%	8,5 k €	-17.6%	10,3 k €	-42.0%	17,7 k €	-37.4%	28,3 k €	-7.8%	30,7 k €	-10.2%	34,2 k €		–		–		1,8 k €	-71.7%	6,4 k €	-27.4%	8,8 k €	-34.9%	13,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Martine BERGE

Director · since 01 avril 2019

Active

ELETECH

Director · since 19 mars 2019 · 0472.580.733

Represented by Kris GEVENS

Active

Ended mandates

Anna Gijbels

Manager · since 04 octobre 2012

Ended

Anna Gijbels

Manager · since 25 septembre 2012

Ended

Godefriedus Josephus Goijens

Manager · since 25 septembre 2012

Ended

Anna Gijbels

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ELETECH● Active	0472.580.733
HB-2● Active	0823.941.556
INTER KREA● Active	0466.781.519

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro 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	10/09/2026	29/09/2025	30/04/2024	03/07/2023	14/09/2022	20/07/2021
General meeting	31/08/2026	15/08/2025	26/04/2024	28/06/2023	22/08/2022	28/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/08/2026	10/09/2026	Dutch	PDF
Micro model	31/12/2024	15/08/2025	29/09/2025	Dutch	PDF
Abridged model	31/12/2023	26/04/2024	30/04/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	22/08/2022	14/09/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	30/07/2020	Dutch	PDF
Micro model	31/12/2018	26/04/2019	13/05/2019	Dutch	PDF
Micro model	31/12/2017	27/04/2018	24/07/2018	Dutch	PDF
Micro model	31/12/2016	28/04/2017	16/06/2017	Dutch	PDF
Abridged model	31/12/2015	29/04/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	24/04/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	25/04/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	26/04/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	27/04/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	29/04/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	17/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 9 ended

Active mandates

Martine BERGE

Director · since 01 avril 2019

Active

ELETECH

Director · since 19 mars 2019 · 0472.580.733

Represented by Kris GEVENS

Active

Ended mandates

Anna Gijbels

Manager · since 04 octobre 2012

Ended

Anna Gijbels

Manager · since 25 septembre 2012

Ended

Godefriedus Josephus Goijens

Manager · since 25 septembre 2012

Ended

Anna Gijbels

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/12/2023
WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN
PDF
Mandates08/05/2019
Benoeming zaakvoerder
PDF
Mandates11/04/2019
Ontslag en benoeming zaakvoerders - verplaatsing maatschappelijke zetel |
PDF
Other15/10/2012
Statutenwijziging
PDF
Registered office22/08/2006
Wijziging maatschappelijke zetel
PDF
Mandates22/08/2006
' De algemene vergadering dd. 28 me: 2004 heeft beslist de huidige bestuurders te benoemen voor een!
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 20256,7 k €↓
2024
Annual accounts 20249,8 k €↓
2023
Annual accounts 202311,2 k €↑
2022
Annual accounts 20229,9 k €↓
2021
Annual accounts 202111 k €↑
2020
Annual accounts 20206,2 k €↑
2019
Annual accounts 20192,6 k €↑
2018
Annual accounts 2018208,9 €↓
2017
Annual accounts 20177,4 k €↑
2016
Annual accounts 20161,6 k €↓
2015
Annual accounts 20152,6 k €↑
2014
Annual accounts 2014-201,5 €↓
2013
Annual accounts 201356,8 €↓
2012
Annual accounts 2012483,7 €↑
2011
Annual accounts 2011-25 €↓
2010
Annual accounts 20101,5 k €↑
2009
Annual accounts 2009-3,3 k €↓
2008
Annual accounts 20082,4 k €↑
2007
Annual accounts 20071,6 k €↓
2006
Annual accounts 20063,2 k €
03/07/1989
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

V.B.G.

Overview

What does V.B.G. do?

Trend over 20 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