ACTIVE

Goede Vaargeul (SA)

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Financial year 2025 · closed on 30/09/2025

Net result

3,7 k €

-98.9% YoY

Gross margin

4,8 k €

-99.0% YoY

Equity

67,7 k €

-0.1% YoY

Workforce

0,0 ETP

What does Goede Vaargeul do?

Goede Vaargeul is a Public limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Oostkamp.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.903.636

Incorporation

17/07/1992

Legal form

Public limited company

Registered office

Hertsbergsestraat 4
8020 Oostkamp · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 82100Office administrative and support activities 82990Other business support service activities n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	4,8 k €	-99.0%	460,9 k €	-81.1%	2,4 M €	-77.4%	10,8 M €	+20459%	52,3 k €	-82.7%	302,8 k €	-82.1%	1,7 M €	+72.7%	978,2 k €	+1008%	88,3 k €	-10.0%	98,1 k €	-0.6%	98,7 k €	+10.2%	89,5 k €	-4.8%	94 k €	-90.2%	955,7 k €	+60.6%	595,2 k €	+1048%	51,8 k €	+394%	10,5 k €	+930%	1 k €	-96.1%	26 k €
EBITDA	3,7 k €	-99.2%	459 k €	-81.1%	2,4 M €	-76.3%	10,2 M €	+40437%	25,2 k €	-90.9%	278,7 k €	-83.3%	1,7 M €	+74.6%	954,4 k €	+1410%	63,2 k €	-17.2%	76,4 k €	+10.6%	69,1 k €	-13.4%	79,8 k €	+2.5%	77,9 k €	-91.6%	928,9 k €	+61.1%	576,4 k €	+1919%	28,6 k €	+566%	-6,1 k €	-15.0%	-5,3 k €	-123%	23,1 k €
Operating result	3,7 k €	-99.2%	459 k €	-81.1%	2,4 M €	-76.3%	10,2 M €	+110797%	-9,2 k €	-104%	248,5 k €	-85.0%	1,7 M €	+75.9%	940,3 k €	+2014%	44,5 k €	-18.0%	54,3 k €	+15.0%	47,2 k €	-19.4%	58,6 k €	+6.2%	55,2 k €	-93.9%	904,9 k €	+63.5%	553,5 k €	+7981%	6,8 k €	+125%	-27,7 k €	-18.4%	-23,4 k €	-236%	17,2 k €
Net result	3,7 k €	-98.9%	348,5 k €	-80.9%	1,8 M €	-73.8%	7 M €	+8539085%	81,6 €	-100.0%	226,6 k €	-78.3%	1 M €	+84.5%	565,9 k €	+1747%	30,6 k €	+109%	14,7 k €	-75.9%	60,8 k €	-31.3%	88,5 k €	-2.8%	91,1 k €	-87.9%	755,8 k €	+45.9%	518,2 k €	+767%	-77,7 k €	-279%	-20,5 k €	-53.2%	-13,4 k €	-154%	24,8 k €
Balance sheet
Equity	67,7 k €	-0.1%	67,7 k €	-0.1%	67,8 k €	-82.0%	375,8 k €	-93.5%	5,8 M €	+0.0%	5,8 M €	+4.1%	5,6 M €	+9.9%	5,1 M €	+12.5%	4,5 M €	+0.7%	4,5 M €	+0.3%	4,5 M €	+15.5%	3,9 M €	-22.4%	5 M €	+1.9%	4,9 M €	+18.3%	4,1 M €	+14.3%	3,6 M €	-2.1%	3,7 M €	-0.6%	3,7 M €	-0.4%	3,7 M €
Total assets	76,2 k €	-82.0%	423,1 k €	-41.9%	728,5 k €	-81.0%	3,8 M €	-34.7%	5,9 M €	-5.5%	6,2 M €	-9.1%	6,8 M €	+22.3%	5,6 M €	-1.1%	5,6 M €	+0.3%	5,6 M €	+12.3%	5 M €	-0.3%	5 M €	-5.7%	5,3 M €	+0.9%	5,3 M €	+2.3%	5,2 M €	-3.3%	5,3 M €	-1.9%	5,4 M €	+44.6%	3,8 M €	-0.3%	3,8 M €
Cash	75,1 k €	-23.3%	97,9 k €	-79.7%	483 k €	-77.7%	2,2 M €	+8999%	23,8 k €	+2.9%	23,1 k €	-13.8%	26,8 k €	+1341%	1,9 k €	+220%	581,6 €	-96.1%	14,7 k €	+28.1%	11,5 k €	+11.2%	10,3 k €	+1141%	833,5 €	-76.8%	3,6 k €	+818%	391,8 €	-90.2%	4 k €	+43.2%	2,8 k €	-54.6%	6,2 k €	+119%	2,8 k €
Debts	8,5 k €	-97.6%	353,8 k €	-45.6%	650,6 k €	-81.0%	3,4 M €	+6316%	53,4 k €	-86.5%	395,2 k €	-68.2%	1,2 M €	+147%	504 k €	-54.7%	1,1 M €	-3.1%	1,1 M €	+110%	547 k €	-51.8%	1,1 M €	+301%	282,8 k €	-0.5%	284,3 k €	-72.4%	1 M €	-40.2%	1,7 M €	+0.1%	1,7 M €	+8587%	19,8 k €	+5.1%	18,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 10 ended

Active mandates

Luc Beke

Director

Active

Ended mandates

Luc Beke

Director · since 15 novembre 2021

Ended

Laurance De Ghellinck

Director

Ended

Laurance De Ghellinck

Manager

Ended

Laurence D'Ghellinck D'Elseghem Vaernewyck

Director · until 15 novembre 2021

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	21 months	12 months	12 months
Filing date	26/11/2025	13/12/2024	06/03/2024	20/04/2023	27/05/2021	31/07/2020
General meeting	17/11/2025	13/12/2024	29/02/2024	17/03/2023	03/05/2021	02/05/2020
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

21 filings with the NBB

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

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/09/2025 · 1 active · 10 ended

Active mandates

Luc Beke

Director

Active

Ended mandates

Luc Beke

Director · since 15 novembre 2021

Ended

Laurance De Ghellinck

Director

Ended

Laurance De Ghellinck

Manager

Ended

Laurence D'Ghellinck D'Elseghem Vaernewyck

Director · until 15 novembre 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office07/02/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates23/09/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/01/2019
KAPITAAL - AANDELEN
PDF
Capital / shares23/04/2014
KAPITAAL - AANDELEN
PDF
Capital / shares17/10/2013
KAPITAAL - AANDELEN
PDF
Mandates28/08/2006
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
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 20253,7 k €↓
2024
Annual accounts 2024348,5 k €↓
2023
Annual accounts 20231,8 M €↓
2022
Annual accounts 20227 M €↑
2020
Annual accounts 202081,6 €↓
2019
Annual accounts 2019226,6 k €↓
2018
Annual accounts 20181 M €↑
2017
Annual accounts 2017565,9 k €↑
2016
Annual accounts 201630,6 k €↑
2015
Annual accounts 201514,7 k €↓
2014
Annual accounts 201460,8 k €↓
2013
Annual accounts 201388,5 k €↓
2012
Annual accounts 201291,1 k €↓
2011
Annual accounts 2011755,8 k €↑
2010
Annual accounts 2010518,2 k €↑
2009
Annual accounts 2009-77,7 k €↓
2008
Annual accounts 2008-20,5 k €↓
2007
Annual accounts 2007-13,4 k €↓
2006
Annual accounts 200624,8 k €
17/07/1992
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

Goede Vaargeul (SA)

Overview

What does Goede Vaargeul 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