ACTIVE

VADIVAL

Financial year 2025 · Closed on 31/12/2025

Net result356,7 k €+68,4 %over 1 year

Gross margin1,1 M €+71,5 %over 1 year

Equity2 M €+23,9 %over 1 year

Identity

Source · BCE/KBO

VADIVAL is a Public limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Sprimont.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0450.484.133
Incorporation: 05/07/1993
Legal form: Public limited company
Registered office: Rue de l'Aérodrome 18 box 1
4140 Sprimont · WallonieSee on map
Contributed capital: 61 973,38 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	+71.5%	668,8 k €	+116%	309 k €	+119%	141,4 k €	-70.7%	482,9 k €
EBITDA	821,1 k €	+41.6%	579,8 k €	+118%	266,2 k €	+734%	31,9 k €	+105%	-610,6 k €
Operating result	491,1 k €	+73.8%	282,5 k €	+1053%	-29,7 k €	+86.9%	-227,2 k €	+71.7%	-803,2 k €
Net result	356,7 k €	+68.4%	211,8 k €	+243%	-148,1 k €	+49.8%	-295,1 k €	+75.6%	-1,2 M €
Balance sheet
Equity	2 M €	+23.9%	1,6 M €	+15.4%	1,4 M €	-9.7%	1,5 M €	-16.2%	1,8 M €
Total assets	7,2 M €	+1.8%	7,1 M €	+10.8%	6,4 M €	+13.4%	5,7 M €	+10.3%	5,1 M €
Cash	13,1 k €	+520%	2,1 k €	-63.2%	5,7 k €	+0.8%	5,7 k €	-98.7%	432,7 k €
Debts	5,2 M €	-4.0%	5,4 M €	+10.0%	4,9 M €	+22.8%	4 M €	+26.3%	3,2 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Charles DUBOIS	Directorsince 09/01/2007
Thierry VAN MICHEL dit VALET	Managing directorsince 07/11/2006

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thierry VAN MICHEL	Director19/12/2012 → 2018 accountsManaging director19/12/2012 → 2020 accounts

Other companies at this address

Rue de l'Aérodrome 18 4140 Sprimont

Company	CBE no.
BUSINESS CENTER SPRIMONT 44● Active	0419.363.365
DEMOSTRA● Active	0881.445.730
GYM 42● Active	0692.727.478
IMMO BOUNY● Active	0438.234.617
IMMO DESIGN CONCEPT● Active	0448.172.464
LES JARDINS DE FRANIERE● Active	0426.893.436
MASPOSA● Active	0773.399.806
Théâtre Exploitation● Active	0721.553.108

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	06/10/2026	25/10/2025	28/11/2024	21/10/2023	30/09/2022	29/10/2021
General meeting	02/09/2026	09/10/2025	15/10/2024	19/10/2023	30/09/2022	27/10/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/09/2026	06/10/2026	French	PDF
Abridged model	31/12/2024	09/10/2025	25/10/2025	French	PDF
Abridged model	31/12/2023	15/10/2024	28/11/2024	French	PDF
Abridged model	31/12/2022	19/10/2023	21/10/2023	French	PDF
Abridged model	31/12/2021	30/09/2022	30/09/2022	French	PDF
Micro model	31/12/2020	27/10/2021	29/10/2021	French	PDF
Micro model	31/12/2019	30/11/2020	29/03/2021	French	PDF
Micro model	31/12/2018	10/08/2019	29/08/2019	French	PDF
Micro model	31/12/2017	28/09/2018	28/09/2018	French	PDF
Micro model	31/12/2016	25/09/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	15/02/2017	23/03/2017	French	PDF
Abridged model	31/12/2014	22/06/2015	18/04/2016	French	PDF
Abridged model	31/12/2013	03/04/2015	24/11/2015	French	PDF
Abridged model	31/12/2012	18/11/2013	31/12/2013	French	PDF
Abridged model	31/12/2011	20/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	15/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	31/12/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	25/08/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	22/08/2008	French	PDF
Abridged model	31/12/2006	20/06/2007	31/07/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Charles DUBOIS	Directorsince 09/01/2007
Thierry VAN MICHEL dit VALET	Managing directorsince 07/11/2006

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thierry VAN MICHEL	Director19/12/2012 → 2018 accountsManaging director19/12/2012 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/10/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates15/04/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates18/01/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Restructuring23/06/2010
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring18/03/2010
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Registered office24/10/2008
TRANSFERT DU SIEGE SOCIAL
PDF
Mandates05/02/2007
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates27/11/2006
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Thierry VAN MICHEL dit VALET

Charles DUBOIS

Thierry VAN MICHEL

PHILIPPE DUBOIS

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

VADIVAL

Rue de l'Aérodrome 18 bte 1, 4140 Sprimont

Managing director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de l'Aérodrome 18 bte 1, 4140 SprimontCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00550255

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VADIVALCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00550255

Events

2025
Annual accounts 2025356,7 k €↑
2024
Annual accounts 2024211,8 k €↑
2023
Annual accounts 2023-148,1 k €↑
2022
Annual accounts 2022-295,1 k €↑
2021
Annual accounts 2021-1,2 M €↓
2020
Annual accounts 20202,2 M €↑
2019
Annual accounts 2019-141,5 k €↓
2018
Annual accounts 2018456,5 k €↑
2017
Annual accounts 2017307 k €↑
2016
Annual accounts 2016163,5 k €↑
2015
Annual accounts 2015-3 k €↑
2014
Annual accounts 2014-30,4 k €↓
2013
Annual accounts 201333,2 k €↑
2012
Annual accounts 2012-78,7 k €↓
2011
Annual accounts 201118 k €↑
2010
Annual accounts 2010-18,2 k €↑
2009
Annual accounts 2009-20,6 k €↓
2008
Annual accounts 20084,9 k €↓
2007
Annual accounts 200713 k €↑
2006
Annual accounts 200610,9 k €
05/07/1993
IncorporationPublic limited company

VADIVAL

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events