ACTIVE

VECTOR

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Financial year 2025 · closed on 31/12/2025

Net result

49 k €

+47.6% YoY

Gross margin

82,2 k €

+22.2% YoY

Equity

179,3 k €

-38.2% YoY

What does VECTOR do?

VECTOR is a Public limited company incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Geel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.903.015

Incorporation

17/09/1993

Legal form

Public limited company

Registered office

Ierlandlaan 7
2440 Geel · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	82,2 k €	+22.2%	67,3 k €	-6.8%	72,2 k €	-31.5%	105,4 k €	+13.1%	93,2 k €	-4.6%	97,7 k €	-0.9%	98,7 k €	+27.9%	77,2 k €	+82.0%	42,4 k €	-7.9%	46 k €	+25.4%	36,7 k €	+9.7%	33,5 k €	+3695%	882 €	-92.6%	11,9 k €	-31.7%	17,3 k €	+35.9%	12,8 k €	+463%	-3,5 k €	-213%	3,1 k €	-99.1%	330,7 k €
EBITDA	81 k €	+27.9%	63,4 k €	-7.6%	68,5 k €	-32.3%	101,3 k €	+14.2%	88,7 k €	-5.3%	93,7 k €	-1.3%	94,9 k €	+29.6%	73,2 k €	+101%	36,4 k €	-13.5%	42,1 k €	+31.6%	32 k €	+5.6%	30,3 k €	+1783%	-1,8 k €	-119%	9,3 k €	-37.4%	14,8 k €	+21.1%	12,2 k €	+291%	-6,4 k €	-2135%	314 €	-99.9%	328,6 k €
Operating result	69 k €	+38.6%	49,8 k €	+32.9%	37,5 k €	-50.5%	75,7 k €	+29.9%	58,3 k €	-21.5%	74,2 k €	+2.1%	72,7 k €	+40.5%	51,7 k €	+191%	17,8 k €	-23.5%	23,2 k €	+77.1%	13,1 k €	+14.8%	11,4 k €	+156%	-20,2 k €	-121%	-9,2 k €	-225%	-2,8 k €	+47.7%	-5,4 k €	+77.7%	-24,2 k €	-16013%	152 €	-99.8%	99,7 k €
Net result	49 k €	+47.6%	33,2 k €	+37.3%	24,2 k €	-54.1%	52,6 k €	+31.1%	40,2 k €	-21.9%	51,4 k €	+4.9%	49 k €	+40.0%	35 k €	+264%	9,6 k €	-44.1%	17,2 k €	+49.6%	11,5 k €	-39.6%	19 k €	+207%	-17,8 k €	-69.1%	-10,5 k €	-787%	-1,2 k €	-2949%	-39 €	+99.9%	-26,9 k €	-382%	9,5 k €	-85.7%	66,4 k €
Balance sheet
Equity	179,3 k €	-38.2%	290,2 k €	-6.8%	311,2 k €	-4.1%	324,6 k €	+13.3%	286,5 k €	+6.7%	268,4 k €	+15.0%	233,4 k €	+26.6%	184,4 k €	+22.9%	150,1 k €	+6.8%	140,5 k €	+1.6%	138,3 k €	+9.1%	126,8 k €	+17.7%	107,7 k €	-14.2%	125,6 k €	-7.7%	136,1 k €	-0.9%	137,3 k €	-0.0%	137,3 k €	-26.1%	185,8 k €	-37.3%	296,3 k €
Total assets	398,6 k €	-6.1%	424,3 k €	+2.5%	414,1 k €	-4.8%	435 k €	+10.1%	395 k €	-17.5%	479,1 k €	+15.5%	414,8 k €	+8.4%	382,6 k €	+14.9%	332,9 k €	+1.4%	328,1 k €	-3.1%	338,7 k €	+7.0%	316,5 k €	-5.8%	336,2 k €	-5.9%	357,1 k €	-7.7%	387,1 k €	-4.0%	403 k €	-26.3%	547 k €	+79.3%	305,1 k €	-59.1%	746,1 k €
Cash	251,3 k €	+213%	80,2 k €	-76.5%	341,6 k €	+0.9%	338,5 k €	+16.0%	291,8 k €	-24.5%	386,7 k €	+26.6%	305,3 k €	+19.1%	256,3 k €	+44.0%	178 k €	+1.9%	174,7 k €	+18.1%	147,9 k €	+22.3%	121 k €	-4.2%	126,2 k €	-0.7%	127,1 k €	-9.4%	140,3 k €	+4.4%	134,3 k €	-51.2%	275,3 k €	+284%	71,8 k €	-81.5%	386,9 k €
Debts	215,3 k €	+68.1%	128,1 k €	+29.3%	99,1 k €	-6.0%	105,5 k €	+3.5%	101,9 k €	-49.4%	201,5 k €	+19.3%	168,9 k €	-7.2%	182,1 k €	+10.1%	165,4 k €	-2.7%	170 k €	-5.7%	180,3 k €	+7.9%	167 k €	-17.8%	203,2 k €	-0.0%	203,3 k €	-7.8%	220,5 k €	-5.1%	232,5 k €	-37.9%	374,3 k €	+4579%	8 k €	-97.6%	338,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Ann De Bal

Managing director

Active

Wim Dewindt

Director

Active

Ended mandates

Ann De Bal

Director · since 05 juin 2017 · until 05 juin 2023

Ended

Ann De Bal

Managing director · since 05 juin 2017 · until 05 juin 2023

Ended

Wim Dewindt

Director · since 05 juin 2017 · until 05 juin 2023

Ended

Ann DE BAL

Director · since 06 juin 2011 · until 05 juin 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	27/08/2026	29/09/2025	02/10/2024	04/10/2023	25/07/2022	27/10/2021
General meeting	21/08/2026	29/08/2025	23/09/2024	25/09/2023	25/07/2022	18/10/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/08/2026	27/08/2026	Dutch	PDF
Micro model	31/12/2024	29/08/2025	29/09/2025	Dutch	PDF
Micro model	31/12/2023	23/09/2024	02/10/2024	Dutch	PDF
Micro model	31/12/2022	25/09/2023	04/10/2023	Dutch	PDF
Micro model	31/12/2021	25/07/2022	25/07/2022	Dutch	PDF
Micro model	31/12/2020	18/10/2021	27/10/2021	Dutch	PDF
Micro model	31/12/2019	02/09/2020	30/09/2020	Dutch	PDF
Micro model	31/12/2018	23/09/2019	26/09/2019	Dutch	PDF
Micro model	31/12/2017	21/09/2018	27/09/2018	Dutch	PDF
Micro model	31/12/2016	25/09/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	04/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	05/08/2013	09/10/2013	Dutch	PDF
Abridged model	31/12/2011	05/11/2012	08/11/2012	Dutch	PDF
Abridged model	31/12/2010	30/09/2011	28/10/2011	Dutch	PDF
Abridged model	31/12/2009	30/08/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/08/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/08/2008	16/09/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	09/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 16 ended

Active mandates

Ann De Bal

Managing director

Active

Wim Dewindt

Director

Active

Ended mandates

Ann De Bal

Director · since 05 juin 2017 · until 05 juin 2023

Ended

Ann De Bal

Managing director · since 05 juin 2017 · until 05 juin 2023

Ended

Wim Dewindt

Director · since 05 juin 2017 · until 05 juin 2023

Ended

Ann DE BAL

Director · since 06 juin 2011 · until 05 juin 2017

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2006
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring27/06/2006
DIVERSEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates11/08/2004
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/02/2004
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 202549 k €↑
2024
Annual accounts 202433,2 k €↑
2023
Annual accounts 202324,2 k €↓
2022
Annual accounts 202252,6 k €↑
2021
Annual accounts 202140,2 k €↓
2020
Annual accounts 202051,4 k €↑
2019
Annual accounts 201949 k €↑
2018
Annual accounts 201835 k €↑
2017
Annual accounts 20179,6 k €↓
2016
Annual accounts 201617,2 k €↑
2015
Annual accounts 201511,5 k €↓
2014
Annual accounts 201419 k €↑
2013
Annual accounts 2013-17,8 k €↓
2012
Annual accounts 2012-10,5 k €↓
2011
Annual accounts 2011-1,2 k €↓
2010
Annual accounts 2010-39 €↑
2009
Annual accounts 2009-26,9 k €↓
2008
Annual accounts 20089,5 k €↓
2007
Annual accounts 200766,4 k €
17/09/1993
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

VECTOR

Overview

What does VECTOR do?

Trend over 19 financial years

Indicative valuation

Board of directors

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