ACTIVE

VANVER

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Financial year 2025 · closed on 30/09/2025
Net result
74,1 k €
-29.8% YoY
Gross margin
2 M €
-3.4% YoY
Equity
1,1 M €
+7.4% YoY
Workforce
22,5 ETP
-5.9% YoY

What does VANVER do?

VANVER is a Public limited company incorporated in 1991. Its main activity is: Manufacture of products of wood, cork, straw and plaiting materials. Its registered office is in Wingene. It employs on average 22,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0443.700.665
Incorporation
25/03/1991
Legal form
Public limited company
Registered office
Industriestraat 33
8755 Wingene · FlandreSee on map
Contributed capital
320 000,00 €
Latest accounts
30/09/2025
Average workforce
22,5 ETP
Activities (NACE)
16281Manufacture of products of wood, cork, straw and plaiting materials· main16291Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials20510Manufacture of explosives43320Joinery installation43320Joinery installation45421Sale, maintenance and repair of motorcycles and related parts and accessories
Joint committees (1)
  • 124
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin2 M €2,1 M €2,1 M €1,9 M €1,7 M €869,6 k €1,3 M €1,3 M €1,1 M €1,2 M €1,2 M €1,1 M €972,4 k €785,3 k €783,1 k €944,9 k €599,6 k €515,3 k €471,4 k €
EBITDA418,8 k €421,6 k €569,8 k €450,6 k €273,2 k €-285,8 k €285,9 k €321,5 k €259,1 k €271,4 k €213,7 k €170,3 k €214,1 k €183,4 k €251,3 k €333,6 k €222,4 k €255,4 k €228,4 k €
Operating result297,4 k €306,8 k €393,1 k €264,8 k €165,3 k €-351,1 k €274 k €308,7 k €238,1 k €247,8 k €189,7 k €139 k €183,6 k €161,1 k €207,6 k €266 k €131 k €157,2 k €117,5 k €
Net result74,1 k €105,6 k €174,8 k €141,7 k €50,4 k €-464,9 k €133,5 k €91 k €129 k €188,8 k €125,1 k €76,9 k €91 k €81,6 k €100,8 k €156,5 k €61,7 k €95,9 k €57,4 k €
Balance sheet
Equity1,1 M €1 M €895,7 k €720,8 k €579,1 k €528,7 k €694,2 k €560,7 k €469,7 k €640,7 k €451,9 k €326,8 k €549,9 k €458,9 k €377,3 k €276,6 k €403,6 k €341,9 k €246 k €
Total assets4,9 M €6,2 M €6,7 M €5,1 M €5 M €4,2 M €3,9 M €3,3 M €2,8 M €3,1 M €3 M €2,6 M €1,9 M €2,1 M €2,4 M €2 M €2,1 M €1,2 M €891,7 k €
Cash84,3 k €126,8 k €186,7 k €79 k €116,3 k €238,2 k €234,9 k €101,2 k €310,9 k €257,6 k €478,7 k €398,8 k €316,1 k €118,9 k €298,5 k €220,3 k €29,7 k €97,3 k €87 k €
Debts3,7 M €5,2 M €5,8 M €4,4 M €4,4 M €3,7 M €3,3 M €2,8 M €2,3 M €2,5 M €2,6 M €2,3 M €1,4 M €1,7 M €2 M €1,7 M €1,7 M €848,3 k €645,6 k €
Other
Workforce22,5 ETP23,9 ETP23,4 ETP23,1 ETP23,9 ETP21,1 ETP13,9 ETP14,8 ETP14,0 ETP16,0 ETP18,0 ETP16,5 ETP13,0 ETP11,8 ETP11,3 ETP9,7 ETP7,3 ETP6,0 ETP6,0 ETP
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 30/09/2025 · 2 active · 4 ended

Active mandates

Vanste

Managing director · since 21 février 2020 · until 21 mars 2026 · 0828.398.311

Represented by Gino Vanderhaeghen

Active
VANVER CONCEPT

Managing director · since 21 février 2020 · until 21 mars 2026 · 0829.268.539

Represented by Eddy De Keukelaere

Active

Ended mandates

Vanste

Managing director · since 21 février 2020 · until 20 février 2026 · 0828.398.311

Represented by Gino Vanderhaeghen

Ended
VANVER CONCEPT

Managing director · since 21 février 2020 · until 20 février 2026 · 0829.268.539

Represented by Eddy De Keukelaere

Ended
Gino VANDERHAEGHEN

Mandate

Ended
Gino VANDERHAEGHEN

Director · until 21 février 2020

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/12/202502/01/202520/11/202324/11/202230/11/202124/03/2021
General meeting12/12/202502/12/202417/11/202323/11/202224/11/202120/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202512/12/202519/12/2025DutchPDF
Abridged model30/09/202402/12/202402/01/2025DutchPDF
Abridged model30/09/202317/11/202320/11/2023DutchPDF
Abridged model30/09/202223/11/202224/11/2022DutchPDF
Abridged model30/09/202124/11/202130/11/2021DutchPDF
Abridged model30/09/202020/03/202124/03/2021DutchPDF
Abridged model30/09/201921/02/202025/03/2020DutchPDF
Abridged model30/09/201815/02/201911/03/2019DutchPDF
Abridged model30/09/201716/02/201827/03/2018DutchPDF
Abridged model30/09/201617/02/201715/03/2017DutchPDF
Abridged model30/09/201519/02/201615/03/2016DutchPDF
Abridged model30/09/201420/02/201518/03/2015DutchPDF
Abridged model30/09/201301/02/201403/02/2014DutchPDF
Abridged model30/09/201215/02/201316/03/2013DutchPDF
Abridged model30/09/201117/02/201212/03/2012DutchPDF
Abridged model30/09/201018/02/201111/03/2011DutchPDF
Abridged model30/06/200920/11/200914/12/2009DutchPDF
Abridged model30/06/200821/11/200813/12/2008DutchPDF
Abridged model30/06/200716/11/200711/12/2007DutchPDF
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 30/09/2025 · 2 active · 4 ended

Active mandates

Vanste

Managing director · since 21 février 2020 · until 21 mars 2026 · 0828.398.311

Represented by Gino Vanderhaeghen

Active
VANVER CONCEPT

Managing director · since 21 février 2020 · until 21 mars 2026 · 0829.268.539

Represented by Eddy De Keukelaere

Active

Ended mandates

Vanste

Managing director · since 21 février 2020 · until 20 février 2026 · 0828.398.311

Represented by Gino Vanderhaeghen

Ended
VANVER CONCEPT

Managing director · since 21 février 2020 · until 20 février 2026 · 0829.268.539

Represented by Eddy De Keukelaere

Ended
Gino VANDERHAEGHEN

Mandate

Ended
Gino VANDERHAEGHEN

Director · until 21 février 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/04/2026
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/03/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring18/03/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/12/2019
    ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office20/08/2010
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Other13/07/2010
    BOEKJAAR
    PDF
  • Restructuring03/06/2010
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other04/07/2007
    DOEL
    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

Timeline

  1. 2025
    Annual accounts 202574,1 k €↓
  2. 2024
    Annual accounts 2024105,6 k €↓
  3. 2023
    Annual accounts 2023174,8 k €↑
  4. 2022
    Annual accounts 2022141,7 k €↑
  5. 2021
    Annual accounts 202150,4 k €↑
  6. 2020
    Annual accounts 2020-464,9 k €↓
  7. 2019
    Annual accounts 2019133,5 k €↑
  8. 2018
    Annual accounts 201891 k €↓
  9. 2017
    Annual accounts 2017129 k €↓
  10. 2016
    Annual accounts 2016188,8 k €↑
  11. 2015
    Annual accounts 2015125,1 k €↑
  12. 2014
    Annual accounts 201476,9 k €↓
  13. 2013
    Annual accounts 201391 k €↑
  14. 2012
    Annual accounts 201281,6 k €↓
  15. 2011
    Annual accounts 2011100,8 k €↓
  16. 2010
    Annual accounts 2010156,5 k €↑
  17. 2009
    Annual accounts 200961,7 k €↓
  18. 2008
    Annual accounts 200895,9 k €↑
  19. 2007
    Annual accounts 200757,4 k €
  20. 25/03/1991
    IncorporationPublic limited company