ACTIVE

VANDECASTEELE BASTIONS

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Financial year 2025 · closed on 31/12/2025

Net result

183,9 k €

+409.2% YoY

Gross margin

1,4 M €

+29.3% YoY

Equity

2,8 M €

+7.1% YoY

Workforce

17,0 ETP

+16.4% YoY

What does VANDECASTEELE BASTIONS do?

VANDECASTEELE BASTIONS is a Private limited company incorporated in 1992. Its registered office is in Tournai. It employs on average 17,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.831.191

Incorporation

11/03/1992

Legal form

Private limited company

Registered office

Chaussée de Bruxelles(TOU) 65
7500 Tournai · WallonieSee on map

Contributed capital

1 406 205,32 €

Latest accounts

31/12/2025

Average workforce

17,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,4 M €	+29.3%	1,1 M €	+21.7%	920 k €	-11.4%	1 M €	-22.0%	1,3 M €	-9.0%	1,5 M €	+18.4%	1,2 M €	-17.9%	1,5 M €	+46.9%	1 M €	-7.1%	1,1 M €	+17.4%	940,1 k €	-11.6%	1,1 M €	-11.4%	1,2 M €	+33.2%	901,7 k €	+1.6%	887,6 k €	+48.2%	598,8 k €	+21.3%	493,6 k €	-5.8%	523,8 k €	+6.8%	490,4 k €	+3.9%	472,1 k €
EBITDA	377,7 k €	+142%	155,8 k €	+197%	-160,2 k €	-233%	120,6 k €	+55.4%	77,6 k €	+136%	32,8 k €	+178%	-41,9 k €	-132%	132,3 k €	-4.2%	138,2 k €	+31.8%	104,8 k €	-14.3%	122,3 k €	-69.9%	406,9 k €	-19.2%	503,6 k €	+85.7%	271,2 k €	+5.3%	257,7 k €	+17.9%	218,6 k €	-1.2%	221,3 k €	-22.6%	285,8 k €	+8.8%	262,7 k €	+1.1%	259,8 k €
Operating result	335,6 k €	+180%	119,7 k €	+158%	-208 k €	-390%	71,8 k €	+572%	10,7 k €	+123%	-47,4 k €	+62.1%	-125,3 k €	-308%	60,3 k €	-9.5%	66,6 k €	+67.3%	39,8 k €	-42.6%	69,3 k €	-79.9%	345,6 k €	-14.1%	402,2 k €	+143%	165,6 k €	-4.0%	172,5 k €	+16.5%	148 k €	-4.0%	154,1 k €	-39.2%	253,7 k €	+6.9%	237,3 k €	+0.8%	235,5 k €
Net result	183,9 k €	+409%	36,1 k €	+113%	-288,2 k €	-1028%	31,1 k €	+236%	-22,8 k €	+74.0%	-87,6 k €	+48.0%	-168,5 k €	-1445%	12,5 k €	+773%	1,4 k €	-82.7%	8,3 k €	-77.3%	36,5 k €	-85.4%	250,3 k €	-20.9%	316,6 k €	+42.3%	222,5 k €	-31.6%	325,2 k €	+266%	88,7 k €	+22.4%	72,5 k €	-50.5%	146,4 k €	-14.9%	172 k €	+6.7%	161,2 k €
Balance sheet
Equity	2,8 M €	+7.1%	2,6 M €	+1.4%	2,6 M €	-10.1%	2,9 M €	+1.1%	2,8 M €	-0.8%	2,9 M €	+59.4%	1,8 M €	-8.6%	2 M €	+0.6%	1,9 M €	+0.1%	1,9 M €	+0.4%	1,9 M €	+1.9%	1,9 M €	+11.9%	1,7 M €	+18.8%	1,4 M €	+13.9%	1,3 M €	+28.4%	977 k €	+5.0%	930,3 k €	+3.4%	899,8 k €	+13.1%	795,4 k €	+19.5%	665,4 k €
Total assets	9,1 M €	+23.1%	7,4 M €	+31.4%	5,7 M €	-12.0%	6,4 M €	+0.3%	6,4 M €	-20.9%	8,1 M €	+14.4%	7,1 M €	+8.4%	6,5 M €	-14.3%	7,6 M €	+29.2%	5,9 M €	+8.5%	5,4 M €	+20.1%	4,5 M €	+8.0%	4,2 M €	+56.7%	2,7 M €	+6.8%	2,5 M €	+25.2%	2 M €	+31.9%	1,5 M €	+4.3%	1,5 M €	+58.8%	916,4 k €	+11.6%	821,4 k €
Cash	17,3 k €	-92.3%	223,4 k €	+5.5%	211,8 k €	-35.8%	330 k €	+32.6%	248,8 k €	-28.2%	346,8 k €	-25.2%	463,9 k €	+46.9%	315,7 k €	-43.4%	557,7 k €	+113%	262,3 k €	+15.3%	227,5 k €	-67.7%	703,7 k €	+145%	287,4 k €	+25.9%	228,3 k €	-28.6%	319,9 k €	-15.0%	376,4 k €	+30.5%	288,3 k €	+12.6%	256 k €	-4.3%	267,5 k €	+46.7%	182,3 k €
Debts	6,3 M €	+33.1%	4,7 M €	+52.5%	3,1 M €	-10.5%	3,4 M €	-3.7%	3,6 M €	-31.8%	5,2 M €	-0.8%	5,3 M €	+15.9%	4,6 M €	-19.5%	5,7 M €	+43.6%	3,9 M €	+12.9%	3,5 M €	+38.1%	2,5 M €	+9.9%	2,3 M €	+112%	1,1 M €	+4.8%	1 M €	+22.3%	847,6 k €	+77.8%	476,7 k €	-4.8%	500,6 k €	+314%	121 k €	-22.5%	156 k €
Other
Workforce	17,0 ETP	+16.4%	14,6 ETP	+8.1%	13,5 ETP	0.0%	13,5 ETP	-10.6%	15,1 ETP	-9.0%	16,6 ETP	+5.7%	15,7 ETP	-0.6%	15,8 ETP	-4.2%	16,5 ETP	+8.6%	15,2 ETP	+21.6%	12,5 ETP	+2.5%	12,2 ETP	+13.0%	10,8 ETP	+8.0%	10,0 ETP	+6.4%	9,4 ETP	+17.5%	8,0 ETP	+29.0%	6,2 ETP	+3.3%	6,0 ETP	+3.4%	5,8 ETP	+11.5%	5,2 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 · 3 active · 2 ended

Active mandates

DESUTTER MANAGEMENT

Mandate · 0687.540.156

Active

Nathalie Vandecasteele

Mandate

Active

VANDECASTEELE NOEL & BERNARD

Mandate · 0444.475.279

Active

Ended mandates

BRUNO MERCIER

Manager

Ended

XAVIER INVEST

Administrator - manager · 0630.661.534

Ended

At this address

Other companies at this address

Company	CBE no.
XAVIER INVEST● Active	0630.661.534

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	26/08/2026	14/08/2025	28/08/2024	02/11/2023	02/11/2023	02/11/2023
General meeting	28/05/2026	29/05/2025	16/05/2024	18/05/2023	19/05/2022	17/05/2021
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

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	26/08/2026	French	PDF
Abridged model	31/12/2024	29/05/2025	14/08/2025	French	PDF
Abridged model	31/12/2023	16/05/2024	28/08/2024	French	PDF
Abridged modelCorrection	31/12/2022	18/05/2023	02/11/2023	French	PDF
Abridged model	31/12/2022	18/05/2023	16/06/2023	French	PDF
Abridged modelCorrection	31/12/2021	19/05/2022	02/11/2023	French	PDF
Abridged model	31/12/2021	19/05/2022	17/06/2022	French	PDF
Abridged modelCorrection	31/12/2020	17/05/2021	02/11/2023	French	PDF
Abridged model	31/12/2020	17/05/2021	01/07/2021	French	PDF
Abridged model	31/12/2019	18/05/2020	25/06/2020	French	PDF
Abridged model	31/12/2018	16/05/2019	01/07/2019	French	PDF
Abridged model	31/12/2017	17/05/2018	03/07/2018	French	PDF
Abridged model	31/12/2016	18/05/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	19/05/2016	01/07/2016	French	PDF
Abridged model	31/12/2014	21/05/2015	03/07/2015	French	PDF
Abridged model	31/12/2013	22/05/2014	04/08/2014	French	PDF
Abridged model	31/12/2012	23/05/2013	29/07/2013	French	PDF
Abridged model	31/12/2011	24/05/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	26/05/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	27/05/2010	23/08/2010	French	PDF
Abridged model	31/12/2008	28/05/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	22/05/2008	29/07/2008	French	PDF
Abridged model	31/12/2006	24/05/2007	30/07/2007	French	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 · 3 active · 2 ended

Active mandates

DESUTTER MANAGEMENT

Mandate · 0687.540.156

Active

Nathalie Vandecasteele

Mandate

Active

VANDECASTEELE NOEL & BERNARD

Mandate · 0444.475.279

Active

Ended mandates

BRUNO MERCIER

Manager

Ended

XAVIER INVEST

Administrator - manager · 0630.661.534

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/04/2025
DENOMINATION
PDF
Mandates22/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates29/04/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates03/07/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/07/2006
CAPITAL, ACTIONS
PDF
Capital / shares17/01/2006
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025183,9 k €↑
2024
Annual accounts 202436,1 k €↑
2024
Name changeVANDECASTEELE BASTIONS
2023
Annual accounts 2023-288,2 k €↓
2022
Annual accounts 202231,1 k €↑
2021
Annual accounts 2021-22,8 k €↑
2020
Annual accounts 2020-87,6 k €↑
2020
Name changeGARAGE BRUNO MERCIER
2019
Annual accounts 2019-168,5 k €↓
2018
Annual accounts 201812,5 k €↑
2017
Annual accounts 20171,4 k €↓
2016
Annual accounts 20168,3 k €↓
2015
Annual accounts 201536,5 k €↓
2014
Annual accounts 2014250,3 k €↓
2013
Annual accounts 2013316,6 k €↑
2012
Annual accounts 2012222,5 k €↓
2011
Annual accounts 2011325,2 k €↑
2010
Annual accounts 201088,7 k €↑
2009
Annual accounts 200972,5 k €↓
2008
Annual accounts 2008146,4 k €↓
2007
Annual accounts 2007172 k €↑
2006
Annual accounts 2006161,2 k €
11/03/1992
IncorporationPrivate 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

VANDECASTEELE BASTIONS

Overview

What does VANDECASTEELE BASTIONS do?

Trend over 20 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