NORMAL SITUATION

VK ENGINEERING

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Financial year 2024 · closed on 31/12/2024

Net result

3,3 M €

+112.4% YoY

Revenue

26,1 M €

-14.0% YoY

Equity

6,1 M €

+121.2% YoY

Workforce

191,1 ETP

-4.7% YoY

Company — Normal situation.

What does VK ENGINEERING do?

VK ENGINEERING is a company registered in Belgium. It employs on average 191,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.529.962

Legal form

Public limited company

Contributed capital

6 051 483,78 €

Latest accounts

31/12/2024

Average workforce

191,1 ETP

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	26,1 M €	-14.0%	30,3 M €	+9.8%	27,6 M €	+16.0%	23,8 M €	-3.6%	24,7 M €	+18.5%	20,8 M €	+10.3%	18,9 M €	+11.4%	17 M €	+6.5%	15,9 M €	-9.4%	17,6 M €	-2.2%	17,9 M €	+17.0%	15,3 M €	+13.1%	13,6 M €	-23.9%	17,8 M €	-0.7%	18 M €	+12.3%	16 M €	+17.7%	13,6 M €
EBITDA	725,2 k €	+397%	-244,5 k €	-141%	590,6 k €	-77.6%	2,6 M €	+182%	936,3 k €	-29.5%	1,3 M €	-27.1%	1,8 M €	-0.8%	1,8 M €	+30.6%	1,4 M €	-1.0%	1,4 M €	-34.5%	2,2 M €	-12.6%	2,5 M €	+52.0%	1,6 M €	-49.5%	3,2 M €	+16.9%	2,8 M €	+4.0%	2,7 M €	+1.4%	2,6 M €
Operating result	197 k €	+635%	-36,8 k €	-117%	210,5 k €	-90.9%	2,3 M €	+247%	668,1 k €	-38.4%	1,1 M €	-32.7%	1,6 M €	+1.6%	1,6 M €	+55.9%	1 M €	+42.1%	716,8 k €	-54.2%	1,6 M €	-18.3%	1,9 M €	+42.0%	1,3 M €	-45.2%	2,5 M €	+12.3%	2,2 M €	-9.9%	2,4 M €	+2.3%	2,4 M €
Net result	3,3 M €	+112%	-26,8 M €	-410%	8,7 M €	+30.2%	6,6 M €	+92.7%	3,4 M €	+613%	483,9 k €	-51.2%	991,7 k €	+24.0%	800,1 k €	+104%	392,6 k €	+17.0%	335,6 k €	-53.5%	722 k €	-47.0%	1,4 M €	+68.8%	807,4 k €	-49.0%	1,6 M €	+20.0%	1,3 M €	-13.6%	1,5 M €	+181%	544 k €
Balance sheet
Equity	6,1 M €	+121%	2,7 M €	-90.7%	29,5 M €	+41.4%	20,9 M €	+88.9%	11,1 M €	-36.1%	17,3 M €	+109%	8,3 M €	+5.7%	7,8 M €	+4.7%	7,5 M €	+4.1%	7,2 M €	+1.7%	7,1 M €	+4.6%	6,8 M €	+10.3%	6,1 M €	+7.1%	5,7 M €	+16.1%	4,9 M €	+20.5%	4,1 M €	+5.4%	3,9 M €
Total assets	55,9 M €	-6.2%	59,6 M €	-33.9%	90,1 M €	+64.2%	54,9 M €	+21.6%	45,1 M €	-0.4%	45,3 M €	+189%	15,7 M €	+4.0%	15,1 M €	-9.1%	16,6 M €	+0.7%	16,5 M €	+5.6%	15,6 M €	+6.7%	14,6 M €	+4.4%	14 M €	+7.0%	13,1 M €	+14.0%	11,5 M €	+10.8%	10,4 M €	+25.7%	8,2 M €
Cash	6,7 M €	+172%	2,5 M €	-23.0%	3,2 M €	+168%	1,2 M €	-13.0%	1,4 M €	-45.0%	2,5 M €	+161%	960,3 k €	+63.2%	588,5 k €	-34.2%	893,9 k €	-22.3%	1,2 M €	+14.9%	1 M €	-20.5%	1,3 M €	+47.7%	852,7 k €	+2.5%	831,6 k €	+8.0%	769,8 k €	-2.2%	787,3 k €	+57.9%	498,7 k €
Debts	47,1 M €	-13.2%	54,2 M €	-8.5%	59,3 M €	+76.2%	33,6 M €	-0.2%	33,7 M €	+22.9%	27,4 M €	+292%	7 M €	+1.8%	6,9 M €	-21.7%	8,8 M €	-3.0%	9 M €	+9.4%	8,3 M €	+10.3%	7,5 M €	+2.4%	7,3 M €	+4.3%	7 M €	+14.3%	6,1 M €	+4.1%	5,9 M €	+43.0%	4,1 M €
Other
Workforce	191,1 ETP	-4.7%	200,6 ETP	+8.7%	184,5 ETP	+1.5%	181,7 ETP	+13.7%	159,8 ETP	+19.1%	134,2 ETP	+14.1%	117,6 ETP	+1.0%	116,4 ETP	+0.3%	116,0 ETP	-0.3%	116,3 ETP	0.0%	116,3 ETP	+6.0%	109,7 ETP	+5.8%	103,7 ETP	+0.9%	102,8 ETP	-10.5%	114,8 ETP	+3.4%	111,0 ETP	+0.9%	110,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 28 ended

Active mandates

SWECO

Managing director · since 20 mars 2023 · until 19 mars 2029 · 0405.647.664

Represented by Erwin MALCORPS

Active

SWECO HOLDCO BV

Director · since 20 mars 2023 · until 19 mars 2029 · 0723.418.575

Active

Ended mandates

SWECO

Managing director · since 20 mars 2023 · until 19 mars 2029 · 0405.647.664

Represented by Erwin MALCORPS

Ended

DS + SD CONSULTING

Director · since 22 décembre 2017 · until 20 mars 2023 · 0502.767.826

Represented by Dirk SLABBINCK

Ended

DS + SD CONSULTING

Director · since 22 décembre 2017 · until 02 juin 2023 · 0502.767.826

Represented by Dirk SLABBINCK

Ended

DS + SD CONSULTING

Director · since 22 décembre 2017 · 0502.767.826

Represented by Dirk SLABBINCK

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/05/2025	11/07/2024	14/07/2023	13/07/2022	02/07/2021	30/06/2020
General meeting	23/04/2025	27/06/2024	29/06/2023	30/06/2022	24/06/2021	26/06/2020
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

38 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	23/04/2025	21/05/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	14/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	13/07/2022	Dutch	PDF
Full model	31/12/2020	24/06/2021	02/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	20/06/2019	12/07/2019	Dutch	PDF
Full model	31/12/2017	24/04/2018	13/06/2018	Dutch	PDF
Full model	31/12/2016	03/04/2017	18/04/2017	Dutch	PDF
Full model	31/12/2015	06/04/2016	04/05/2016	Dutch	PDF
Full model	31/12/2014	01/04/2015	17/06/2015	Dutch	PDF
Full model	31/12/2013	10/04/2014	28/05/2014	Dutch	PDF
Full model	31/12/2012	29/04/2013	30/05/2013	Dutch	PDF
Full model	31/12/2011	13/06/2012	31/08/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	29/06/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	17/06/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	20/08/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	25/06/2008	French	PDF
Full modelCorrection	31/12/2006	14/06/2007	14/09/2007	French	PDF
Full model	31/12/2006	14/06/2007	04/07/2007	French	PDF
Full model	31/12/2005	20/06/2006	25/08/2006	French	PDF
Full model	31/12/2004	03/06/2005	17/06/2005	French	PDF
Abridged modelCorrection	31/12/2003	04/06/2004	01/10/2004	French	PDF
Full model	31/12/2003	04/06/2004	06/07/2004	French	PDF

View all 38 filings

Estimate

Indicative valuation

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 31/12/2024 · 2 active · 28 ended

Active mandates

SWECO

Managing director · since 20 mars 2023 · until 19 mars 2029 · 0405.647.664

Represented by Erwin MALCORPS

Active

SWECO HOLDCO BV

Director · since 20 mars 2023 · until 19 mars 2029 · 0723.418.575

Active

Ended mandates

SWECO

Managing director · since 20 mars 2023 · until 19 mars 2029 · 0405.647.664

Represented by Erwin MALCORPS

Ended

DS + SD CONSULTING

Director · since 22 décembre 2017 · until 20 mars 2023 · 0502.767.826

Represented by Dirk SLABBINCK

Ended

DS + SD CONSULTING

Director · since 22 décembre 2017 · until 02 juin 2023 · 0502.767.826

Represented by Dirk SLABBINCK

Ended

DS + SD CONSULTING

Director · since 22 décembre 2017 · 0502.767.826

Represented by Dirk SLABBINCK

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2024
Annual accounts 20243,3 M €↑
2023
Annual accounts 2023-26,8 M €↓
2022
Annual accounts 20228,7 M €↑
2021
Annual accounts 20216,6 M €↑
2019
Annual accounts 20193,4 M €↑
2017
Annual accounts 2017483,9 k €↓
2016
Annual accounts 2016991,7 k €↑
2015
Annual accounts 2015800,1 k €↑
2014
Annual accounts 2014392,6 k €↑
2013
Annual accounts 2013335,6 k €↓
2012
Annual accounts 2012722 k €↓
2011
Annual accounts 20111,4 M €↑
2010
Annual accounts 2010807,4 k €↓
2009
Annual accounts 20091,6 M €↑
2008
Annual accounts 20081,3 M €↓
2007
Annual accounts 20071,5 M €↑
2006
Annual accounts 2006544 k €

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

VK ENGINEERING

Overview

What does VK ENGINEERING do?

Trend over 17 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline