ACTIVE

VADO

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Financial year 2025 · Closed on 31/12/2025

Net result21,6 k €-79,7 %over 1 year

Gross margin125,1 k €+4,1 %over 1 year

Equity1,5 M €+1,4 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

VADO is a Private limited company incorporated in 1989. Its main activity is: Manufacture of furniture. Its registered office is in Essen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.428.014
Incorporation: 01/11/1989
Legal form: Private limited company
Registered office: Spijker 34
2910 Essen · FlandreSee on map
Contributed capital: 24 789,35 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

31004Manufacture of furniture· main 31091Manufacture of other furniture 36141Water collection, treatment and supply 31002Manufacture of furniture 31020Manufacture of kitchen furniture 36130Water collection, treatment and supply+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	125,1 k €	+4.1%	120,1 k €	-15.9%	142,8 k €	+9.6%	130,3 k €	+74.0%	74,9 k €
EBITDA	106,5 k €	-3.4%	110,2 k €	-4.9%	115,9 k €	+7.7%	107,7 k €	+82.1%	59,1 k €
Operating result	23,5 k €	-14.7%	27,5 k €	-29.8%	39,2 k €	+77.3%	22,1 k €	+200%	-22,1 k €
Net result	21,6 k €	-79.7%	106,2 k €	+244%	30,8 k €	+62.2%	19 k €	+201%	-18,8 k €
Balance sheet
Equity	1,5 M €	+1.4%	1,5 M €	+7.6%	1,4 M €	+2.2%	1,4 M €	+1.4%	1,4 M €
Total assets	1,6 M €	-0.9%	1,6 M €	-2.3%	1,6 M €	+6.6%	1,5 M €	-0.1%	1,5 M €
Cash	425,6 k €	+227%	130,2 k €	+452%	23,6 k €	-91.2%	266,7 k €	-4.2%	278,3 k €
Debts	23,6 k €	-63.3%	64,4 k €	-45.7%	118,6 k €	+159%	45,8 k €	-28.5%	64 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita De Groof	Directorsince 31/12/2023Manager2011 accountsended
George Vandoren	Directorsince 11/01/1990Manager2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita DE GROOF ANITA	Director2020 accountsManager2018 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	14/07/2026	18/08/2025	27/06/2024	31/08/2023	28/06/2022	20/07/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	18/08/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	26/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	27/06/2022	28/06/2022	Dutch	PDF
Micro model	31/12/2020	28/06/2021	20/07/2021	Dutch	PDF
Micro model	31/12/2019	29/06/2020	21/09/2020	Dutch	PDF
Micro model	31/12/2018	24/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	25/06/2018	02/07/2018	Dutch	PDF
Micro model	31/12/2016	26/06/2017	08/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	16/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/07/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/07/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	31/07/2008	29/08/2008	Dutch	PDF
Abridged modelCorrection	31/12/2006	25/06/2007	31/08/2007	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	23/08/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita De Groof	Directorsince 31/12/2023Manager2011 accountsended
George Vandoren	Directorsince 11/01/1990Manager2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita DE GROOF ANITA	Director2020 accountsManager2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring06/08/2024
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring01/02/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office13/03/2009
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares05/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Anita De Groof

George Vandoren

Anita DE GROOF ANITA

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

VADO

Spijker 34, 2910 Essen

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Spijker 34, 2910 EssenCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00291987
Spijker 36, 2910 Essen	accounts 2021	Accounts 2021 · 2022-20147911

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VADOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00291987

Events

2025
Annual accounts 202521,6 k €↓
2024
Annual accounts 2024106,2 k €↑
2023
Annual accounts 202330,8 k €↑
2022
Annual accounts 202219 k €↑
2021
Annual accounts 2021-18,8 k €↓
2020
Annual accounts 20208,2 k €↓
2019
Annual accounts 201925,5 k €↓
2018
Annual accounts 2018119,7 k €↑
2017
Annual accounts 201714,7 k €↓
2016
Annual accounts 201676,6 k €↑
2015
Annual accounts 201515,6 k €↓
2014
Annual accounts 201470,8 k €↓
2013
Annual accounts 201399,6 k €↑
2012
Annual accounts 201279,8 k €↓
2011
Annual accounts 201191,6 k €↓
2010
Annual accounts 201092,3 k €↑
2009
Annual accounts 2009-4,5 k €↓
2008
Annual accounts 200893,2 k €↑
2007
Annual accounts 200781,5 k €↑
2006
Annual accounts 200661,6 k €
01/11/1989
IncorporationPrivate limited company

VADO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events