ACTIVE

Vking

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Financial year 2025 · closed on 31/12/2025

Net result

-80,6 k €

-436.1% YoY

Gross margin

326,5 k €

-10.3% YoY

Equity

526 k €

-13.3% YoY

Workforce

4,8 ETP

+17.1% YoY

What does Vking do?

Vking is a Public limited company incorporated in 1991. Its main activity is: Rental and leasing of construction and civil engineering machinery and equipment. Its registered office is in Herzele. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.651.661

Incorporation

05/07/1991

Legal form

Public limited company

Registered office

Ketegemstraat 9 box C
9552 Herzele · FlandreSee on map

Contributed capital

120 600,00 €

Latest accounts

31/12/2025

Average workforce

4,8 ETP

Activities (NACE)

77320Rental and leasing of construction and civil engineering machinery and equipment· main 77320Rental and leasing of construction and civil engineering machinery and equipment 33120Repair of machinery 33120Repair of machinery 46649Wholesale of machinery for the textile industry and of sewing and knitting machines 46699Wholesale of other machinery and equipment

Joint committees (4)

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	326,5 k €	-10.3%	364 k €	-15.3%	429,5 k €	-37.3%	685,1 k €	+226%	210,3 k €	-10.8%	235,7 k €	+35.4%	174,1 k €	+170%	64,4 k €	-48.4%	124,8 k €	-44.9%	226,4 k €	+81.3%	124,9 k €	+26.8%	98,5 k €	+21.4%	81,1 k €	-16.0%	96,6 k €	+23.1%	78,4 k €	+31.3%	59,7 k €	-30.6%	86,1 k €	-7.4%	93 k €	-28.2%	129,5 k €
EBITDA	-17,7 k €	-114%	123,6 k €	-3.9%	128,6 k €	-61.6%	335 k €	+284%	87,2 k €	-26.1%	117,9 k €	+1.8%	115,9 k €	+184%	40,8 k €	-66.1%	120,2 k €	-46.0%	222,5 k €	+81.3%	122,7 k €	+30.0%	94,4 k €	+33.2%	70,9 k €	-21.9%	90,7 k €	+20.0%	75,6 k €	+32.5%	57,1 k €	-30.8%	82,4 k €	-8.3%	89,9 k €	-22.5%	116 k €
Operating result	-83,1 k €	-313%	39,1 k €	-5.1%	41,2 k €	+302%	10,2 k €	-6.0%	10,9 k €	-62.5%	29,1 k €	+2963%	949,2 €	+101%	-72,5 k €	-2217%	-3,1 k €	-103%	93,4 k €	+190%	32,2 k €	+256%	-20,7 k €	+47.8%	-39,6 k €	-289%	21 k €	+218%	-17,8 k €	+77.5%	-79,2 k €	-702%	-9,9 k €	+67.0%	-29,9 k €	+68.7%	-95,6 k €
Net result	-80,6 k €	-436%	24 k €	+84.9%	13 k €	+5633%	226,4 €	-98.3%	13,5 k €	-53.6%	29 k €	+1174%	2,3 k €	+103%	-68,3 k €	-5221%	-1,3 k €	-101%	93,9 k €	+179%	33,7 k €	+272%	-19,6 k €	+46.8%	-36,8 k €	-228%	28,6 k €	+360%	-11 k €	+83.7%	-67,5 k €	-328%	-15,8 k €	+47.0%	-29,8 k €	-125%	120,8 k €
Balance sheet
Equity	526 k €	-13.3%	606,6 k €	+4.1%	582,6 k €	+2.3%	569,7 k €	+35.3%	421,1 k €	+3.3%	407,6 k €	+7.7%	378,6 k €	+0.6%	376,3 k €	-15.4%	444,6 k €	-0.3%	445,9 k €	+26.7%	352,1 k €	+10.6%	318,4 k €	-5.8%	337,9 k €	-9.8%	374,7 k €	+8.3%	346,1 k €	-3.1%	357,1 k €	-15.9%	424,6 k €	-3.6%	440,4 k €	-6.3%	470,2 k €
Total assets	1,4 M €	-3.1%	1,4 M €	-5.1%	1,5 M €	-34.7%	2,3 M €	+290%	585,7 k €	-32.3%	864,6 k €	+38.1%	625,9 k €	+6.8%	586,1 k €	+2.8%	570,1 k €	+19.2%	478,1 k €	+21.7%	392,9 k €	+12.1%	350,5 k €	-10.4%	391,2 k €	-5.4%	413,6 k €	+13.8%	363,4 k €	-7.8%	394 k €	-15.5%	466,4 k €	-2.7%	479,4 k €	-42.8%	838,1 k €
Cash	77,7 k €	-17.2%	93,8 k €	+21.2%	77,4 k €	-34.7%	118,4 k €	+30.5%	90,7 k €	-58.6%	219,1 k €	+287%	56,6 k €	+32.8%	42,6 k €	-16.5%	51,1 k €	+39.1%	36,7 k €	-46.7%	68,9 k €	-22.2%	88,5 k €	+82.8%	48,4 k €	-68.8%	154,9 k €	+47.7%	104,9 k €	+78.5%	58,8 k €	+367%	12,6 k €	-83.8%	77,6 k €	+297%	19,6 k €
Debts	845,8 k €	+4.6%	808,5 k €	-11.0%	908,2 k €	-47.0%	1,7 M €	+941%	164,6 k €	-64.0%	457 k €	+84.8%	247,3 k €	+17.9%	209,8 k €	+67.2%	125,5 k €	+290%	32,2 k €	-21.2%	40,9 k €	+27.4%	32,1 k €	-39.8%	53,3 k €	+37.0%	38,9 k €	+126%	17,2 k €	-52.7%	36,3 k €	-12.0%	41,3 k €	+5.8%	39 k €	-89.4%	367,9 k €
Other
Workforce	4,8 ETP	+17.1%	4,1 ETP	-12.8%	4,7 ETP	-6.0%	5,0 ETP	+127%	2,2 ETP	+4.8%	2,1 ETP	+110%	1,0 ETP		–		–		–		–		–		0,2 ETP	+100%	0,1 ETP		–		–		–		–		1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

EAST ADVICE

Director · since 11 juin 2025 · until 01 juillet 2030 · 0891.804.637

Represented by JO DE CONINCK

Active

PATRICIA DE MOOR

Director · since 11 juin 2025 · until 01 juillet 2030

Active

Ended mandates

EAST ADVICE

Director · since 11 juin 2019 · until 11 juin 2025 · 0891.804.637

Represented by Jo De Coninck

Ended

EAST ADVICE

Director · since 11 juin 2019 · until 11 juin 2025 · 0891.804.637

Represented by Jo De Coninck

Ended

EAST ADVICE

Director · since 11 juin 2019 · until 11 juin 2025 · 0891.804.637

Represented by JO DE CONINCK

Ended

Jo De Coninck

Managing director · since 11 juin 2019 · until 11 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
JONNY VAN BOXSTAEL EN ZONEN● Active	0434.274.344
V.B.C.O.● Active	0835.277.787

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	20/07/2026	10/07/2025	25/07/2024	31/07/2023	13/07/2022	25/05/2021
General meeting	26/06/2026	10/06/2025	28/06/2024	30/06/2023	24/06/2022	30/04/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	13/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/04/2021	25/05/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	14/08/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	20/08/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	21/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	22/08/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	22/08/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	17/06/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 2 active · 21 ended

Active mandates

EAST ADVICE

Director · since 11 juin 2025 · until 01 juillet 2030 · 0891.804.637

Represented by JO DE CONINCK

Active

PATRICIA DE MOOR

Director · since 11 juin 2025 · until 01 juillet 2030

Active

Ended mandates

EAST ADVICE

Director · since 11 juin 2019 · until 11 juin 2025 · 0891.804.637

Represented by Jo De Coninck

Ended

EAST ADVICE

Director · since 11 juin 2019 · until 11 juin 2025 · 0891.804.637

Represented by Jo De Coninck

Ended

EAST ADVICE

Director · since 11 juin 2019 · until 11 juin 2025 · 0891.804.637

Represented by JO DE CONINCK

Ended

Jo De Coninck

Managing director · since 11 juin 2019 · until 11 juin 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/09/2021
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring05/08/2021
BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/05/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates10/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/04/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2012
ONTSLAGEN - BENOEMINGEN - 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 2025-80,6 k €↓
2024
Annual accounts 202424 k €↑
2023
Annual accounts 202313 k €↑
2022
Annual accounts 2022226,4 €↓
2022
Name changeVKING
2020
Annual accounts 202013,5 k €↓
2019
Annual accounts 201929 k €↑
2018
Annual accounts 20182,3 k €↑
2017
Annual accounts 2017-68,3 k €↓
2016
Annual accounts 2016-1,3 k €↓
2015
Annual accounts 201593,9 k €↑
2014
Annual accounts 201433,7 k €↑
2013
Annual accounts 2013-19,6 k €↑
2012
Annual accounts 2012-36,8 k €↓
2011
Annual accounts 201128,6 k €↑
2010
Annual accounts 2010-11 k €↑
2009
Annual accounts 2009-67,5 k €↓
2008
Annual accounts 2008-15,8 k €↑
2007
Annual accounts 2007-29,8 k €↓
2006
Annual accounts 2006120,8 k €
2006
Name changeVAN DEN NESTE JO
05/07/1991
IncorporationPublic 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

Vking

Overview

What does Vking do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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