ACTIVE

VADEST

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Financial year 2025 · closed on 31/12/2025
Net result
-93,1 k €
-525.3% YoY
Gross margin
19,3 k €
-79.5% YoY
Equity
121,9 k €
-43.3% YoY

What does VADEST do?

VADEST is a Private limited company incorporated in 1993. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Geel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0450.384.460
Incorporation
01/07/1993
Legal form
Private limited company
Registered office
Dr.-Peetersstraat 12
2440 Geel · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
74601Other professional, scientific and technical activities· main80010Security and investigation activities80100Private security activities
Signals
Positive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120142013201220112010200920082007
Income statement
Gross margin19,3 k €94,3 k €108,1 k €137,9 k €37,7 k €48,4 k €38,2 k €22,3 k €12,3 k €11,8 k €29,6 k €8,7 k €12,6 k €
EBITDA8,4 k €90,9 k €104,8 k €134,9 k €36,9 k €47 k €36,8 k €21 k €11 k €10,8 k €28,6 k €6,5 k €11,9 k €
Operating result-1,7 k €41 k €84,1 k €118,6 k €23,9 k €37,8 k €33,7 k €17,4 k €7,5 k €5,5 k €24,9 k €3,4 k €10,9 k €
Net result-93,1 k €21,9 k €79,9 k €79,6 k €16,5 k €24,3 k €17,9 k €15,1 k €3,5 k €2,2 k €15,1 k €1,2 k €5,2 k €
Balance sheet
Equity121,9 k €215 k €193,1 k €116,2 k €44,6 k €19,8 k €11,5 k €31,5 k €36,4 k €32,9 k €30,8 k €15,6 k €14,4 k €
Total assets410,2 k €639,8 k €624,1 k €631,3 k €396 k €73,8 k €45,2 k €36,1 k €46,3 k €41,6 k €39,5 k €28,7 k €29,4 k €
Cash9,8 k €39 k €15,1 k €20,7 k €14,3 k €26,9 k €12,4 k €13,2 k €6,6 k €3,4 k €10,5 k €1,1 k €6,3 k €
Debts288,3 k €424,8 k €431 k €515,1 k €351,5 k €54 k €33,8 k €4,5 k €9,9 k €8,7 k €8,8 k €13 k €15 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

Luk Van der Steen

Director · since 03 avril 2006

Active

Ended mandates

Annick Boeckx

Bestuurder · since 01 juillet 2015

Ended
Annick Boeckx

Director · since 01 juillet 2015

Ended
Annick Boeckx

Manager · since 01 juillet 2015

Ended
LUK VAN DER STEEN

Manager · since 15 mai 2006 · until 15 mai 2012

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date09/06/202625/07/202504/07/202426/07/202324/06/202216/06/2021
General meeting03/06/202630/06/202518/06/202430/06/202321/06/202215/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202503/06/202609/06/2026DutchPDF
Abridged model31/12/202430/06/202525/07/2025DutchPDF
Abridged model31/12/202318/06/202404/07/2024DutchPDF
Abridged model31/12/202230/06/202326/07/2023DutchPDF
Abridged model31/12/202121/06/202224/06/2022DutchPDF
Abridged model31/12/202015/06/202116/06/2021DutchPDF
Abridged model31/12/201916/06/202026/06/2020DutchPDF
Abridged model31/12/201818/06/201910/07/2019DutchPDF
Abridged model31/12/201730/06/201831/07/2018DutchPDF
Abridged model31/12/201620/06/201707/07/2017DutchPDF
Abridged model31/12/201521/06/201611/07/2016DutchPDF
Abridged model31/12/201416/06/201508/07/2015DutchPDF
Abridged model31/12/201317/06/201422/07/2014DutchPDF
Abridged model31/12/201231/07/201330/08/2013DutchPDF
Abridged model31/12/201130/07/201230/08/2012DutchPDF
Abridged model31/12/201030/06/201128/07/2011DutchPDF
Abridged model31/12/200915/06/201005/07/2010DutchPDF
Abridged model31/12/200816/06/200929/06/2009DutchPDF
Abridged model31/12/200717/06/200802/07/2008DutchPDF
Abridged model31/12/200629/06/200708/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 8 ended

Active mandates

Luk Van der Steen

Director · since 03 avril 2006

Active

Ended mandates

Annick Boeckx

Bestuurder · since 01 juillet 2015

Ended
Annick Boeckx

Director · since 01 juillet 2015

Ended
Annick Boeckx

Manager · since 01 juillet 2015

Ended
LUK VAN DER STEEN

Manager · since 15 mai 2006 · until 15 mai 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/06/2006
    MAATSCHAPPELIJKE ZETEL - BENAMING - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/04/2006
    MAATSCHAPPELIJKE ZETEL - 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. 2025
    Annual accounts 2025-93,1 k €↓
  2. 2024
    Annual accounts 202421,9 k €↓
  3. 2023
    Annual accounts 202379,9 k €↑
  4. 2022
    Annual accounts 202279,6 k €↑
  5. 2021
    Annual accounts 202116,5 k €↓
  6. 2014
    Annual accounts 201424,3 k €↑
  7. 2013
    Annual accounts 201317,9 k €↑
  8. 2012
    Annual accounts 201215,1 k €↑
  9. 2011
    Annual accounts 20113,5 k €↑
  10. 2010
    Annual accounts 20102,2 k €↓
  11. 2009
    Annual accounts 200915,1 k €↑
  12. 2008
    Annual accounts 20081,2 k €↓
  13. 2007
    Annual accounts 20075,2 k €
  14. 01/07/1993
    IncorporationPrivate limited company