ACTIVE

VIGO

Financial year 2025 · closed on 31/12/2025
Net result
8,3 M €
-14.7% YoY
Revenue
107,7 M €
+11.0% YoY
Equity
10,9 M €
+2.6% YoY
Workforce
516,0 ETP
+10.3% YoY

What does VIGO do?

VIGO is a Public limited company incorporated in 1991. Its registered office is in Wetteren. It employs on average 516,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.471.717
Incorporation
12/06/1991
Legal form
Public limited company
Registered office
Biezeweg 13
9230 Wetteren · FlandreSee on map
Contributed capital
2 714 200,00 €
Latest accounts
31/12/2025
Average workforce
516,0 ETP
Joint committees (6)
  • 109
  • 128
  • 12806
  • 201
  • 218
  • 340
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420122011201020092006
Income statement
Revenue107,7 M €97,1 M €88,6 M €76,9 M €70,5 M €60,8 M €67 M €65,1 M €62 M €62 M €56,5 M €54,4 M €50,9 M €51,2 M €30,8 M €29,8 M €18 M €
EBITDA16,3 M €17,1 M €16,2 M €11,4 M €11,9 M €8,7 M €11,5 M €9,1 M €7,5 M €8,1 M €6,7 M €6,1 M €5,6 M €6,3 M €4 M €4,6 M €2,1 M €
Operating result12 M €13,4 M €12,3 M €8 M €8,7 M €5,5 M €8,7 M €6,6 M €5,1 M €5,7 M €4,4 M €4,1 M €3,5 M €4,3 M €3,2 M €3,9 M €1,1 M €
Net result8,3 M €9,7 M €9 M €5,8 M €6,6 M €10,9 M €6,4 M €4,7 M €3,7 M €3 M €-4 M €2,5 M €536,7 k €1,8 M €1,2 M €2,5 M €607 k €
Balance sheet
Equity10,9 M €10,6 M €18,2 M €29,2 M €34,6 M €28 M €17,1 M €10,6 M €6,3 M €8,5 M €5,8 M €10 M €6,4 M €6,1 M €9,2 M €8 M €2,5 M €
Total assets68,1 M €65,5 M €64,5 M €57,3 M €67,3 M €57,6 M €55,7 M €52 M €42,3 M €49,8 M €54,3 M €59,5 M €53,4 M €52,4 M €42,8 M €37,9 M €8,1 M €
Cash1,7 M €1,6 M €1,1 M €1,4 M €1,3 M €1,9 M €1,8 M €6,1 M €3,4 M €3,4 M €4,5 M €4,2 M €4,2 M €2,4 M €5 M €3,3 M €446,9 k €
Debts57,2 M €54,9 M €46,3 M €28,1 M €32,7 M €29,6 M €38,6 M €41,2 M €35,8 M €40,2 M €47,6 M €48,7 M €46,5 M €45,7 M €33,6 M €29,8 M €5,5 M €
Other
Workforce516,0 ETP468,0 ETP429,7 ETP407,9 ETP392,9 ETP373,6 ETP373,5 ETP369,4 ETP361,4 ETP354,9 ETP338,0 ETP328,4 ETP319,2 ETP313,9 ETP183,1 ETP181,6 ETP137,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 44 ended

Active mandates

ELODUS

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0556.770.595

Represented by DANIEL SENGELOV

Active
M.M.C

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0740.466.524

Represented by MICHIEL MEERBERGEN

Active
S. Van Hecke

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0828.443.940

Represented by STEVE VAN HECKE

Active
TWinC

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0866.969.568

Represented by TITIA WILLEMS

Active

Ended mandates

ELODUS

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0556.770.595

Represented by DANIEL SENGELOV

Ended
M.M.C

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0740.466.524

Represented by MICHIEL MEERBERGEN

Ended
S. Van Hecke

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0828.443.940

Represented by STEVE VAN HECKE

Ended
TWinC

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0866.969.568

Represented by TITIA WILLEMS

Ended
At this address

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0843.321.760
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/06/202623/06/202524/06/202428/06/202307/06/202201/06/2021
General meeting01/06/202602/06/202531/05/202431/05/202331/05/202231/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202612/06/2026DutchPDF
Full model31/12/202402/06/202523/06/2025DutchPDF
Full model31/12/202331/05/202424/06/2024DutchPDF
Full model31/12/202231/05/202328/06/2023DutchPDF
Full model31/12/202131/05/202207/06/2022DutchPDF
Full model31/12/202031/05/202101/06/2021DutchPDF
Full model31/12/201902/06/202010/06/2020DutchPDF
Full modelCorrection31/12/201804/10/201918/10/2019DutchPDF
Full model31/12/201804/06/201917/06/2019DutchPDF
Full model31/12/201712/06/201813/06/2018DutchPDF
Full model31/12/201613/06/201720/06/2017DutchPDF
Full model31/12/201525/06/201627/06/2016DutchPDF
Full model31/12/201427/06/201510/07/2015DutchPDF
Full model31/12/201328/06/201423/07/2014DutchPDF
Full model31/12/201222/06/201301/07/2013DutchPDF
Full model31/12/201123/06/201203/07/2012DutchPDF
Full model31/12/201006/06/201123/06/2011DutchPDF
Full model31/12/200926/06/201007/07/2010DutchPDF
Full model31/12/200827/06/200901/07/2009DutchPDF
Full model31/12/200720/06/200801/07/2008DutchPDF
Full model31/12/200623/06/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 4 active · 44 ended

Active mandates

ELODUS

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0556.770.595

Represented by DANIEL SENGELOV

Active
M.M.C

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0740.466.524

Represented by MICHIEL MEERBERGEN

Active
S. Van Hecke

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0828.443.940

Represented by STEVE VAN HECKE

Active
TWinC

Managing director · since 02 juin 2025 · until 02 juin 2031 · 0866.969.568

Represented by TITIA WILLEMS

Active

Ended mandates

ELODUS

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0556.770.595

Represented by DANIEL SENGELOV

Ended
M.M.C

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0740.466.524

Represented by MICHIEL MEERBERGEN

Ended
S. Van Hecke

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0828.443.940

Represented by STEVE VAN HECKE

Ended
TWinC

Managing director · since 01 mars 2020 · until 02 juin 2025 · 0866.969.568

Represented by TITIA WILLEMS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/08/2026
    Benoeming
    PDF
  • Mandates19/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/01/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/01/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates04/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/02/2022
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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 20258,3 M €
  2. 02/06/2025
    reconductionM.M.C. BV — bestuurder
  3. 02/06/2025
    reconductionS. VAN HECKE BV — bestuurder
  4. 02/06/2025
    reconductionELODUS BV — bestuurder
  5. 02/06/2025
    reconductionTWINC BV — bestuurder
  6. 2024
    Annual accounts 20249,7 M €
  7. 30/12/2024
    augmentation_capital
  8. 22/01/2024
    nominationKPMG Bedrijfsrevisoren BV — commissaris
  9. 2023
    Annual accounts 20239 M €
  10. 2022
    Annual accounts 20225,8 M €
  11. 2021
    Annual accounts 20216,6 M €
  12. 2020
    Annual accounts 202010,9 M €
  13. 2019
    Annual accounts 20196,4 M €
  14. 2018
    Annual accounts 20184,7 M €
  15. 2017
    Annual accounts 20173,7 M €
  16. 2016
    Annual accounts 20163 M €
  17. 2015
    Annual accounts 2015-4 M €
  18. 2014
    Annual accounts 20142,5 M €
  19. 2012
    Annual accounts 2012536,7 k €
  20. 2011
    Annual accounts 20111,8 M €
  21. 2010
    Annual accounts 20101,2 M €
  22. 2009
    Annual accounts 20092,5 M €
  23. 2006
    Annual accounts 2006607 k €
  24. 12/06/1991
    IncorporationPublic limited company