ACTIVE

VANCOVEST

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Financial year 2025 · Closed on 30/09/2025

Net result377,2 k €-85,3 %over 1 year

Gross margin693,7 k €-79,9 %over 1 year

Equity6 M €+6,7 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

VANCOVEST is a Public limited company incorporated in 1989. Its main activity is: Buying and selling of own real estate. Its registered office is in Deerlijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0438.000.926
Incorporation: 18/07/1989
Legal form: Public limited company
Registered office: Ter Donkt 38
8540 Deerlijk · FlandreSee on map
Contributed capital: 64 350,00 €
Latest accounts: 30/09/2025
Average workforce: 0,0 ETP

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	693,7 k €	-79.9%	3,5 M €	+687%	438,6 k €	+59.0%	275,8 k €	-17.6%	334,7 k €
EBITDA	647,2 k €	-81.1%	3,4 M €	+2003%	162,8 k €	-35.3%	251,6 k €	-12.4%	287,3 k €
Operating result	405,3 k €	-87.7%	3,3 M €	+2304%	137,3 k €	-39.3%	226 k €	+7.5%	210,3 k €
Net result	377,2 k €	-85.3%	2,6 M €	+1227%	192,8 k €	-17.8%	234,7 k €	+16.0%	202,3 k €
Balance sheet
Equity	6 M €	+6.7%	5,6 M €	+83.1%	3,1 M €	+1.4%	3 M €	+8.4%	2,8 M €
Total assets	8,6 M €	+1.6%	8,5 M €	+136%	3,6 M €	+7.2%	3,3 M €	+9.4%	3,1 M €
Cash	172,6 k €	+344%	38,8 k €	-11.8%	44 k €	-92.2%	564,5 k €	+267%	154 k €
Debts	1,9 M €	-11.0%	2,1 M €	+346%	467 k €	+72.1%	271,3 k €	+22.9%	220,7 k €
Other
Workforce	0,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 8 ended

Active mandates

Ignace COUDRON

Managing director · since 24 février 2023 · until 23 février 2029

Active

Véronique VANHOO

Managing director · since 24 février 2023 · until 23 février 2029

Active

Ended mandates

Ignace COUDRON

Managing director · since 24 février 2017 · until 24 février 2023

Ended

Véronique VANHOO

Managing director · since 24 février 2017 · until 24 février 2023

Ended

Ignace COUDRON

Managing director · since 25 février 2011 · until 24 février 2017

Ended

Véronique VANHOO

Managing director · since 25 février 2011 · until 24 février 2017

Ended

Other companies at this address

Ter Donkt 38 8540 Deerlijk

Company	CBE no.
COVADIS● Active	0848.022.203
VANCOHOME● Active	0636.934.068
VAN DE VELDE-DE BRUYCKER● Active	0425.761.902
VANOMOBIL● Active	0413.755.280

Full financial information

Source · NBB

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/03/2026	10/03/2025	27/02/2024	07/03/2023	10/03/2022	26/02/2021
General meeting	27/02/2026	28/02/2025	23/02/2024	24/02/2023	25/02/2022	26/02/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/02/2026	02/03/2026	Dutch	PDF
Abridged model	30/09/2024	28/02/2025	10/03/2025	Dutch	PDF
Abridged model	30/09/2023	23/02/2024	27/02/2024	Dutch	PDF
Abridged model	30/09/2022	24/02/2023	07/03/2023	Dutch	PDF
Abridged model	30/09/2021	25/02/2022	10/03/2022	Dutch	PDF
Abridged model	30/09/2020	26/02/2021	26/02/2021	Dutch	PDF
Abridged model	30/09/2019	28/02/2020	04/03/2020	Dutch	PDF
Abridged model	30/09/2018	22/02/2019	28/02/2019	Dutch	PDF
Abridged model	30/09/2017	23/02/2018	06/03/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	05/04/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	07/04/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	13/04/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	26/08/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	19/07/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	30/05/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	25/03/2010	30/04/2010	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025

2 active · 8 ended

Active mandates

Ignace COUDRON

Managing director · since 24 février 2023 · until 23 février 2029

Active

Véronique VANHOO

Managing director · since 24 février 2023 · until 23 février 2029

Active

Ended mandates

Ignace COUDRON

Managing director · since 24 février 2017 · until 24 février 2023

Ended

Véronique VANHOO

Managing director · since 24 février 2017 · until 24 février 2023

Ended

Ignace COUDRON

Managing director · since 25 février 2011 · until 24 février 2017

Ended

Véronique VANHOO

Managing director · since 25 février 2011 · until 24 février 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring21/08/2026
NEERLEGGING VOORSTEL PARTIËLE SPLITSING
PDF
Mandates13/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/03/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/01/2013
BENAMING - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other12/01/2009
VERLENGING EN WIJZIGING BOEKJAAR — WIJZIGING GEWONE
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025377,2 k €↓
2024
Annual accounts 20242,6 M €↑
2023
Annual accounts 2023192,8 k €↓
2022
Annual accounts 2022234,7 k €↑
2021
Annual accounts 2021202,3 k €↑
2020
Annual accounts 2020187,7 k €↑
2019
Annual accounts 2019132,8 k €↑
2018
Annual accounts 20184,8 k €↓
2017
Annual accounts 201756,3 k €↓
2015
Annual accounts 201557 k €↑
2014
Annual accounts 2014-25,1 k €↓
2013
Annual accounts 201370,4 k €↓
2012
Annual accounts 2012441,3 k €↑
2011
Annual accounts 2011234,7 k €↑
2010
Annual accounts 2010159,4 k €↓
2009
Annual accounts 2009209,1 k €↑
2007
Annual accounts 200710,6 k €↓
2006
Annual accounts 200614,9 k €
18/07/1989
IncorporationPublic limited company

VANCOVEST

Overview

Identity

Financials

Valuation

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

Timeline