ACTIVE

VAN DE VELDE

Financial year 2025 · closed on 31/12/2025
Net result
16,5 M €
+105.4% YoY
Revenue
196,6 M €
-0.7% YoY
Equity
107,6 M €
-16.3% YoY
Workforce
465,6 ETP
-1.5% YoY

What does VAN DE VELDE do?

VAN DE VELDE is a Public limited company incorporated in 1992. Its main activity is: Manufacture of underwear. Its registered office is in Wichelen. It employs on average 465,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.746.744
Incorporation
07/12/1992
Legal form
Public limited company
Registered office
Lageweg 4
9260 Wichelen · FlandreSee on map
Contributed capital
2 679 596,30 €
Latest accounts
31/12/2025
Average workforce
465,6 ETP
Joint committees (2)
  • 109
  • 215
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue196,6 M €198,1 M €202,2 M €201,5 M €186,2 M €145,4 M €181,5 M €190,7 M €197,4 M €
EBITDA40,3 M €38,4 M €36,6 M €39,3 M €36,4 M €16 M €29,7 M €27,9 M €50,2 M €
Operating result35,4 M €30,6 M €28,7 M €30,2 M €28,8 M €8,4 M €19,8 M €23,5 M €42,8 M €
Net result16,5 M €8 M €37,3 M €28,6 M €30,6 M €11,5 M €13,2 M €28,2 M €34,9 M €
Balance sheet
Equity107,6 M €128,4 M €150,6 M €153,1 M €153,9 M €150,1 M €165,2 M €151,9 M €137,3 M €
Total assets180,9 M €195 M €226,7 M €233,8 M €226 M €201,5 M €210,7 M €215 M €200,5 M €
Cash31,7 M €12,2 M €10,3 M €29,6 M €57,8 M €46 M €36,6 M €12,5 M €18,6 M €
Debts73,1 M €66,2 M €75,8 M €79,9 M €72 M €50,8 M €44,8 M €58,3 M €58,4 M €
Other
Workforce465,6 ETP472,8 ETP479,5 ETP475,7 ETP467,1 ETP483,7 ETP526,7 ETP529,4 ETP491,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 46 ended

Active mandates

Herman Van de Velde

Director · since 02 mai 2025 · until 28 avril 2027 · 0460.768.212

Represented by Herman Van de Velde

Active
Yvan Jansen Consulting

Chairman of the board of directors · since 02 mai 2025 · until 29 avril 2026 · 0652.675.683

Represented by Yvan Jansen

Active
PALUMI

Director · since 30 avril 2025 · until 26 avril 2028 · 0697.700.511

Represented by Peter Bossaert

Active
VALSEBA

Director · since 30 avril 2025 · until 27 avril 2028 · 0639.986.994

Represented by Isabelle Maes

Active
Viancaba

Director · since 30 avril 2025 · until 26 avril 2028 · 0861.208.263

Represented by Liesbeth Van de Velde

Active
BENEDICTE LAUREYS

Director · since 24 avril 2024 · until 28 avril 2027

Active
BVHX

Director · since 26 avril 2023 · until 29 avril 2026 · 0799.712.936

Represented by Bruno Vanhoorickx

Active
GREET VAN DE VELDE

Director · since 26 avril 2023 · until 29 avril 2026

Active
KAREL VERLINDE

Managing director · since 26 avril 2023 · until 29 avril 2026 · 0724.565.452

Represented by Karel Verlinde

Active
PARCinvest

Director · since 26 avril 2023 · until 29 avril 2026 · 0861.089.685

Represented by Christian Salez

Active
VERONIQUE LAUREYS

Director · since 26 avril 2023 · until 29 avril 2026

Active

Ended mandates

Viancaba

Director · since 27 août 2024 · until 30 avril 2025 · 0861.208.263

Represented by Liesbeth Van de Velde

Ended
Herman Van de Velde

Chairman of the board of directors · since 24 avril 2024 · until 28 avril 2027 · 0460.768.212

Represented by Herman Van de Velde

Ended
LIESBETH VAN DE VELDE

Director · since 24 avril 2024 · until 27 août 2024

Ended
Yvan Jansen Consulting

Director · since 24 avril 2024 · until 30 avril 2025 · 0652.675.683

Represented by Yvan Jansen

Ended
At this address

Other companies at this address

CompanyCBE no.
HESTIA HOLDINGActive
0894.773.728
0461.297.752
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 date18/06/202606/05/202529/05/202427/04/202312/05/202218/11/2021
General meeting29/04/202630/04/202524/04/202426/04/202327/04/202228/04/2021
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

41 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/04/202618/06/2026DutchPDF
Full model31/12/202430/04/202506/05/2025DutchPDF
Consolidated accounts31/12/202430/04/202506/05/2025DutchPDF
Full model31/12/202324/04/202429/05/2024DutchPDF
Consolidated accounts31/12/202324/04/202429/05/2024DutchPDF
Full model31/12/202226/04/202327/04/2023DutchPDF
Consolidated accounts31/12/202226/04/202327/04/2023DutchPDF
Full model31/12/202127/04/202212/05/2022DutchPDF
Consolidated accounts31/12/202127/04/202225/05/2022DutchPDF
Full modelCorrection31/12/202028/04/202118/11/2021DutchPDF
Full model31/12/202028/04/202121/05/2021DutchPDF
Consolidated accounts31/12/202028/04/202125/05/2021DutchPDF
Full model31/12/201929/04/202026/05/2020DutchPDF
Consolidated accounts31/12/201929/04/202028/05/2020DutchPDF
Full modelCorrection31/12/201824/04/201931/08/2021DutchPDF
Full model31/12/201824/04/201920/05/2019DutchPDF
Consolidated accounts31/12/201824/04/201920/05/2019DutchPDF
Full model31/12/201725/04/201831/05/2018DutchPDF
Consolidated accounts31/12/201726/04/201824/05/2018DutchPDF
Full model31/12/201626/04/201723/05/2017DutchPDF
Consolidated accounts31/12/201626/04/201715/05/2017DutchPDF
Full model31/12/201527/04/201626/05/2016DutchPDF
Consolidated accounts31/12/201527/04/201626/05/2016DutchPDF
Full model31/12/201429/04/201522/05/2015DutchPDF

View all 41 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 · 11 active · 46 ended

Active mandates

Herman Van de Velde

Director · since 02 mai 2025 · until 28 avril 2027 · 0460.768.212

Represented by Herman Van de Velde

Active
Yvan Jansen Consulting

Chairman of the board of directors · since 02 mai 2025 · until 29 avril 2026 · 0652.675.683

Represented by Yvan Jansen

Active
PALUMI

Director · since 30 avril 2025 · until 26 avril 2028 · 0697.700.511

Represented by Peter Bossaert

Active
VALSEBA

Director · since 30 avril 2025 · until 27 avril 2028 · 0639.986.994

Represented by Isabelle Maes

Active
Viancaba

Director · since 30 avril 2025 · until 26 avril 2028 · 0861.208.263

Represented by Liesbeth Van de Velde

Active
BENEDICTE LAUREYS

Director · since 24 avril 2024 · until 28 avril 2027

Active
BVHX

Director · since 26 avril 2023 · until 29 avril 2026 · 0799.712.936

Represented by Bruno Vanhoorickx

Active
GREET VAN DE VELDE

Director · since 26 avril 2023 · until 29 avril 2026

Active
KAREL VERLINDE

Managing director · since 26 avril 2023 · until 29 avril 2026 · 0724.565.452

Represented by Karel Verlinde

Active
PARCinvest

Director · since 26 avril 2023 · until 29 avril 2026 · 0861.089.685

Represented by Christian Salez

Active
VERONIQUE LAUREYS

Director · since 26 avril 2023 · until 29 avril 2026

Active

Ended mandates

Viancaba

Director · since 27 août 2024 · until 30 avril 2025 · 0861.208.263

Represented by Liesbeth Van de Velde

Ended
Herman Van de Velde

Chairman of the board of directors · since 24 avril 2024 · until 28 avril 2027 · 0460.768.212

Represented by Herman Van de Velde

Ended
LIESBETH VAN DE VELDE

Director · since 24 avril 2024 · until 27 août 2024

Ended
Yvan Jansen Consulting

Director · since 24 avril 2024 · until 30 avril 2025 · 0652.675.683

Represented by Yvan Jansen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/09/2026
    Benoemingen en ontslagen
    PDF
  • Mandates28/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/05/2025
    DIVERSEN
    PDF
  • Other18/04/2025
    DIVERSEN
    PDF
  • Other03/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2024
    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

Timeline

  1. 30/04/2026
    nominationLien Van de Velde — bestuurder
  2. 30/04/2026
    nominationEvelyn Krott — bestuurder
  3. 29/04/2026
    reconductionYvan Jansen — bestuurder
  4. 29/04/2026
    reconductionVeronique Laureys — bestuurder
  5. 29/04/2026
    reconductionChristian Salez — bestuurder
  6. 29/04/2026
    reconductionBruno Vanhoorickx — onafhankelijk bestuurder
  7. 29/04/2026
    nominationLien Van de Velde — bestuurder
  8. 29/04/2026
    nominationEvelyn Krott — bestuurder
  9. 29/04/2026
    reconductionKarel Verlinde — bestuurder
  10. 2025
    Annual accounts 202516,5 M €
  11. 02/05/2025
    demissionYJC BV — onafhankelijk bestuurder
  12. 02/05/2025
    nominationYJC BV — bestuurder
  13. 30/04/2025
    nominationViancaba BV — bestuurder
  14. 30/04/2025
    reconductionValseba BV — onafhankelijk bestuurder
  15. 30/04/2025
    reconductionYJC BV — onafhankelijk bestuurder
  16. 30/04/2025
    nominationPALUMI BV — onafhankelijk bestuurder
  17. 2024
    Annual accounts 20248 M €
  18. 27/08/2024
    nominationViancaba BV — bestuurder
  19. 24/04/2024
    nominationLien Winne — commissaris
  20. 24/04/2024
    reconductionHerman Van de Velde NV — bestuurder
  21. 24/04/2024
    reconductionBenedicte Laureys — bestuurder
  22. 24/04/2024
    nominationLisbeth Van de Velde — bestuurder
  23. 24/04/2024
    reconductionYJC BV — onafhankelijke bestuurder
  24. 24/04/2024
    nominationPwC Bedrijfsrevisoren BV — commissaris
  25. 2023
    Annual accounts 202337,3 M €
  26. 12/06/2023
    reduction_capital
  27. 26/04/2023
    nominationKarel Verlinde — Gedelegeerd bestuurder
  28. 26/04/2023
    reconductionVeronique Laureys — bestuurder
  29. 26/04/2023
    reconductionGreet Van de Velde — bestuurder
  30. 26/04/2023
    nominationChristian Salez — vaste vertegenwoordiger van PARCinvest BV als bestuurder
  31. 26/04/2023
    nominationBruno Vanhoorickx — vaste vertegenwoordiger van BVHX BV als onafhankelijk bestuurder
  32. 26/04/2023
    reconductionYvan Jansen — vaste vertegenwoordiger van YJC BV als onafhankelijk bestuurder
  33. 26/04/2023
    nominationDirk Goeminne — vaste vertegenwoordiger van Executive NV als onafhankelijk bestuurder
  34. 26/04/2023
    nominationkarel Verlinde — vaste vertegenwoordiger van Karel Verlinde CommV als bestuurder
  35. 2022
    Annual accounts 202228,6 M €
  36. 30/11/2022
    nominationKarel Verlinde CommV. — bestuurder en gedelegeerd bestuurder
  37. 01/05/2022
    nominationVucaster BV — gedelegeerd bestuurder
  38. 01/05/2022
    demissionMavac BV — gedelegeerd bestuurder
  39. 27/04/2022
    demissionMavac BV — lid van het Directiecomité
  40. 27/04/2022
    demissionKarel Verlinde CommV — lid van het Directiecomité
  41. 2021
    Annual accounts 202130,6 M €
  42. 2020
    Annual accounts 202011,5 M €
  43. 2019
    Annual accounts 201913,2 M €
  44. 2018
    Annual accounts 201828,2 M €
  45. 2017
    Annual accounts 201734,9 M €
  46. 07/12/1992
    IncorporationPublic limited company