ACTIVE

VANSICHEN

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

173,6 k €

-44.3% YoY

Gross margin

612,3 k €

-29.5% YoY

Equity

2,7 M €

-1.7% YoY

Workforce

2,0 ETP

0.0% YoY

What does VANSICHEN do?

VANSICHEN is a Private limited company incorporated in 1989. Its main activity is: Non-specialised wholesale trade. Its registered office is in Hasselt. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.242.625

Incorporation

27/12/1989

Legal form

Private limited company

Registered office

Bredeweg 62
3723 Hasselt · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

46900Non-specialised wholesale trade· main 46900Non-specialised wholesale trade 51900Air transport 47789Other retail sale of new goods in specialised stores 47789Other retail sale of new goods in specialised stores 52498Warehousing and support activities for transportation

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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	612,3 k €	-29.5%	868,3 k €	+6.1%	818,2 k €	-12.2%	931,8 k €	+4.6%	890,8 k €	+18.1%	754,3 k €	+44.9%	520,8 k €	-8.1%	566,5 k €	+50.1%	377,5 k €	-23.3%	492,4 k €	-0.1%	493,1 k €	+30.7%	377,3 k €	+246%	109,1 k €	-42.1%	188,2 k €	-2.5%	193,2 k €	-3.1%	199,3 k €	-26.2%	270 k €	-18.5%	331,2 k €	+5.1%	315 k €	+22.7%	256,7 k €
EBITDA	473,3 k €	-31.0%	685,8 k €	+6.8%	642,3 k €	+48.6%	432,3 k €	-40.2%	723,2 k €	+22.5%	590,2 k €	+74.4%	338,5 k €	-20.1%	423,4 k €	+114%	197,4 k €	-43.6%	349,8 k €	-7.2%	377,2 k €	+31.1%	287,7 k €	+639%	39 k €	-66.9%	117,9 k €	-9.7%	130,6 k €	-2.1%	133,4 k €	-33.8%	201,5 k €	-24.3%	266,1 k €	-0.1%	266,3 k €	+28.9%	206,7 k €
Operating result	249,7 k €	-48.1%	481,1 k €	-7.3%	519,2 k €	+47.9%	351,1 k €	-44.6%	633,7 k €	+20.2%	527,3 k €	+81.3%	290,8 k €	-13.7%	337 k €	+1021%	30,1 k €	-87.2%	235,7 k €	-18.5%	289,1 k €	+49.5%	193,3 k €	+567%	-41,4 k €	-153%	78 k €	+56.4%	49,9 k €	-49.2%	98,2 k €	-39.5%	162,2 k €	-14.5%	189,6 k €	-21.1%	240,4 k €	+33.1%	180,6 k €
Net result	173,6 k €	-44.3%	311,9 k €	-19.1%	385,5 k €	+54.3%	249,8 k €	-45.8%	460,7 k €	+22.0%	377,7 k €	+93.7%	195 k €	-12.6%	223 k €	+3206%	6,7 k €	-95.0%	135,3 k €	-43.7%	240,3 k €	+71.3%	140,3 k €	+573%	20,9 k €	-64.1%	58,2 k €	+77.5%	32,8 k €	-58.1%	78,3 k €	-33.1%	117 k €	-6.2%	124,8 k €	-23.5%	163,1 k €	+48.0%	110,2 k €
Balance sheet
Equity	2,7 M €	-1.7%	2,7 M €	+10.8%	2,4 M €	+17.0%	2,1 M €	+11.9%	1,9 M €	+30.4%	1,4 M €	+32.6%	1,1 M €	-44.6%	1,9 M €	+12.4%	1,7 M €	-0.2%	1,7 M €	+8.5%	1,6 M €	+17.7%	1,4 M €	+11.5%	1,2 M €	-7.4%	1,3 M €	+4.6%	1,3 M €	+3.2%	1,2 M €	+6.9%	1,1 M €	+11.5%	1 M €	+13.9%	896,3 k €	+22.2%	733,3 k €
Total assets	4,2 M €	-0.6%	4,3 M €	-5.2%	4,5 M €	+22.5%	3,7 M €	+5.4%	3,5 M €	+13.0%	3,1 M €	+15.2%	2,7 M €	-6.8%	2,9 M €	+6.9%	2,7 M €	-0.5%	2,7 M €	+30.5%	2,1 M €	+8.3%	1,9 M €	+1.5%	1,9 M €	+8.9%	1,7 M €	+1.0%	1,7 M €	-0.1%	1,7 M €	+7.5%	1,6 M €	+1.1%	1,6 M €	-11.3%	1,8 M €	+40.7%	1,3 M €
Cash	496,5 k €	+80.7%	274,7 k €	-60.3%	691,9 k €	+174%	252,9 k €	+287%	65,3 k €	-62.6%	174,4 k €	-81.8%	960,1 k €	+166%	360,3 k €	+149%	144,6 k €	-79.8%	714,6 k €	+30.9%	545,9 k €	+229%	165,9 k €	-21.1%	210,2 k €	-65.9%	617,3 k €	+81.5%	340,1 k €	+0.5%	338,6 k €	-33.4%	508,3 k €	+127%	223,7 k €	+88.3%	118,8 k €	-30.3%	170,5 k €
Debts	1,5 M €	+1.5%	1,5 M €	-26.6%	2 M €	+29.5%	1,6 M €	-2.1%	1,6 M €	-2.1%	1,6 M €	+3.6%	1,6 M €	+72.7%	921,4 k €	-3.2%	952,1 k €	-1.2%	963,5 k €	+107%	466,2 k €	-14.9%	547,8 k €	-17.2%	661,5 k €	+62.2%	407,7 k €	-9.9%	452,7 k €	-8.3%	493,7 k €	+9.2%	452,2 k €	-18.0%	551,9 k €	-37.0%	875,5 k €	+67.4%	523 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-39.4%	3,3 ETP	+65.0%	2,0 ETP	-9.1%	2,2 ETP	+57.1%	1,4 ETP	+40.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

VERA LANDMETERS

Director · since 01 juillet 2002

Active

MAXIME VANSICHEN

Director

Active

Ended mandates

VERA LANDMETERS

Director · since 01 juillet 2022

Ended

VERA LANDMETERS

Director · since 01 juillet 2002 · until 01 juillet 2022

Ended

VERA LANDMETERS

Manager · since 01 juillet 2002 · until 01 juillet 2022

Ended

VERA LANDMETERS

Manager · since 01 juillet 2002

Ended

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	22/06/2026	24/06/2025	27/06/2024	27/06/2023	29/06/2022	13/07/2021
General meeting	16/06/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
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	16/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	24/06/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	13/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	18/06/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	29/05/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	23/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 5 ended

Active mandates

VERA LANDMETERS

Director · since 01 juillet 2002

Active

MAXIME VANSICHEN

Director

Active

Ended mandates

VERA LANDMETERS

Director · since 01 juillet 2022

Ended

VERA LANDMETERS

Director · since 01 juillet 2002 · until 01 juillet 2022

Ended

VERA LANDMETERS

Manager · since 01 juillet 2002 · until 01 juillet 2022

Ended

VERA LANDMETERS

Manager · since 01 juillet 2002

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/11/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/07/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025173,6 k €↓
2024
Annual accounts 2024311,9 k €↓
2023
Annual accounts 2023385,5 k €↑
2022
Annual accounts 2022249,8 k €↓
2021
Annual accounts 2021460,7 k €↑
2020
Annual accounts 2020377,7 k €↑
2019
Annual accounts 2019195 k €↓
2018
Annual accounts 2018223 k €↑
2017
Annual accounts 20176,7 k €↓
2016
Annual accounts 2016135,3 k €↓
2015
Annual accounts 2015240,3 k €↑
2014
Annual accounts 2014140,3 k €↑
2013
Annual accounts 201320,9 k €↓
2012
Annual accounts 201258,2 k €↑
2011
Annual accounts 201132,8 k €↓
2010
Annual accounts 201078,3 k €↓
2009
Annual accounts 2009117 k €↓
2008
Annual accounts 2008124,8 k €↓
2007
Annual accounts 2007163,1 k €↑
2006
Annual accounts 2006110,2 k €
27/12/1989
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

VANSICHEN

Overview

What does VANSICHEN do?

Trend over 20 financial years

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