ACTIVE

VANCO

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Financial year 2025 · closed on 30/09/2025

Net result

88,7 k €

+59.9% YoY

Gross margin

130,3 k €

+50.5% YoY

Equity

101,6 k €

+30.4% YoY

Workforce

0,0 ETP

What does VANCO do?

VANCO is a Public limited company incorporated in 1993. Its registered office is in Buggenhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.019.613

Incorporation

06/10/1993

Legal form

Public limited company

Registered office

Nieuwstad 18
9255 Buggenhout · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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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	130,3 k €	+50.5%	86,6 k €	-9.0%	95,1 k €	-41.3%	162,1 k €	+1.9%	159,0 k €	-54.8%	351,6 k €	+14.1%	308,2 k €	-14.5%	360,4 k €	+6009%	-6,1 k €	-102%	262,0 k €	-31.8%	384,3 k €	+22.2%	314,4 k €	+7.8%	291,8 k €	-15.3%	344,6 k €	-12.8%	395,2 k €	+2.8%	384,6 k €	-8.5%	420,2 k €	+14.1%	368,1 k €	-0.6%	370,2 k €
EBITDA	125,4 k €	+54.8%	81,0 k €	-8.9%	88,9 k €	-28.8%	124,9 k €	+48.8%	84,0 k €	-64.8%	238,2 k €	+20.2%	198,2 k €	+10.1%	180,0 k €	+196%	-188,3 k €	-480%	49,5 k €	-45.0%	90,0 k €	+14.4%	78,7 k €	+12.4%	70,0 k €	-45.0%	127,4 k €	+41.7%	89,9 k €	+227%	27,5 k €	-73.8%	104,9 k €	+9.7%	95,6 k €	-20.6%	120,4 k €
Operating result	110,5 k €	+67.4%	66,0 k €	-4.6%	69,2 k €	-34.0%	104,9 k €	+81.4%	57,8 k €	-73.9%	221,1 k €	+35.0%	163,7 k €	+8.1%	151,5 k €	+167%	-225,5 k €	-2086%	11,4 k €	-76.9%	49,1 k €	+5.0%	46,7 k €	+507%	7,7 k €	-87.3%	60,5 k €	+258%	16,9 k €	+135%	-47,6 k €	-309%	22,8 k €	-42.8%	39,9 k €	-18.6%	49,0 k €
Net result	88,7 k €	+59.9%	55,5 k €	+2.0%	54,4 k €	-38.2%	88,0 k €	+81.4%	48,5 k €	-67.3%	148,4 k €	+1.4%	146,3 k €	+13.7%	128,7 k €	+154%	-237,3 k €	-10767%	-2,2 k €	+89.3%	-20,4 k €	-633%	-2,8 k €	+74.8%	-11,1 k €	-124%	46,1 k €	+966%	-5,3 k €	+92.6%	-71,6 k €	-16356%	-434,8 €	-104%	11,8 k €	-37.1%	18,7 k €
Balance sheet
Equity	101,6 k €	+30.4%	77,9 k €	-75.9%	322,4 k €	+10.0%	293,0 k €	+14.9%	255,0 k €	+1.4%	251,6 k €	+144%	103,2 k €	+845%	10,9 k €	+109%	-117,8 k €	-198%	119,6 k €	-1.8%	121,8 k €	-14.4%	142,2 k €	-1.9%	145,0 k €	-7.1%	156,0 k €	+41.9%	109,9 k €	-4.6%	115,3 k €	-38.3%	186,8 k €	-4.3%	195,3 k €	+1.9%	191,6 k €
Total assets	447,3 k €	-8.8%	490,3 k €	+4.7%	468,4 k €	-4.7%	491,6 k €	+4.5%	470,3 k €	-21.6%	600,0 k €	-2.2%	613,3 k €	+43.6%	426,9 k €	+11.1%	384,1 k €	-52.7%	812,0 k €	-11.5%	917,5 k €	+36.9%	670,4 k €	-8.6%	733,8 k €	+5.7%	694,2 k €	-5.6%	735,1 k €	-4.7%	771,7 k €	-19.6%	959,3 k €	+23.3%	778,0 k €	-15.4%	919,4 k €
Cash	242,0 k €	-5.3%	255,6 k €	+14.1%	224,1 k €	+29.7%	172,7 k €	+43.7%	120,2 k €	+286%	31,1 k €	-21.2%	39,5 k €	-50.2%	79,3 k €	+201%	26,4 k €	-88.1%	220,7 k €	+2.7%	214,9 k €	+445%	39,4 k €	+1237%	2,9 k €	-83.9%	18,3 k €	+108%	8,8 k €	+526%	1,4 k €	-88.6%	12,3 k €	+22.6%	10,1 k €	-80.5%	51,5 k €
Debts	344,6 k €	-16.1%	410,8 k €	+184%	144,9 k €	-26.7%	197,8 k €	-7.8%	214,5 k €	-38.3%	347,9 k €	-31.8%	510,1 k €	+22.6%	416,0 k €	-17.1%	501,9 k €	-27.5%	692,4 k €	-13.0%	795,5 k €	+50.6%	528,2 k €	-10.3%	588,9 k €	+9.4%	538,2 k €	-13.9%	625,2 k €	-4.8%	656,5 k €	-15.0%	772,5 k €	+32.6%	582,7 k €	-19.9%	727,5 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP	-100%	0,3 ETP	-76.9%	1,3 ETP	-38.1%	2,1 ETP	-8.7%	2,3 ETP	-37.8%	3,7 ETP	-33.9%	5,6 ETP	+12.0%	5,0 ETP	-12.3%	5,7 ETP	+21.3%	4,7 ETP	+9.3%	4,3 ETP	-2.3%	4,4 ETP	-22.8%	5,7 ETP	-26.0%	7,7 ETP	+11.6%	6,9 ETP	+4.5%	6,6 ETP	+13.8%	5,8 ETP

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 30/09/2025 · 2 active · 21 ended

Active mandates

VANCO CONSTRUCT

Director · since 08 janvier 2021 · until 01 janvier 2027 · 0759.648.273

Represented by Tim VANHESTE

Active

Sam Windey

Director · since 01 octobre 2016 · until 17 mars 2028

Active

Ended mandates

VANCO CONSTRUCT

Managing director · since 08 janvier 2021 · until 19 mars 2027 · 0759.648.273

Represented by Vanheste TIM

Ended

VANCO CONSTRUCT

Managing director · since 08 janvier 2021 · 0759.648.273

Represented by Tim Vanheste

Ended

Sam Windey

Director · since 01 octobre 2016 · until 29 mars 2022

Ended

Sam Windey

Director · since 01 octobre 2016

Ended

At this address

Other companies at this address

Company	CBE no.
VANCO CONSTRUCT● Active	0759.648.273

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
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	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/04/2026	16/04/2025	18/03/2024	28/04/2023	29/04/2022	30/04/2021
General meeting	20/03/2026	21/03/2025	15/03/2024	31/03/2023	29/03/2022	31/03/2021
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
Abridged model	30/09/2025	20/03/2026	19/04/2026	Dutch	PDF
Abridged model	30/09/2024	21/03/2025	16/04/2025	Dutch	PDF
Abridged model	30/09/2023	15/03/2024	18/03/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	29/03/2022	29/04/2022	Dutch	PDF
Abridged model	30/09/2020	31/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	20/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	15/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	16/03/2018	01/06/2018	Dutch	PDF
Abridged model	30/09/2016	17/03/2017	08/05/2017	Dutch	PDF
Abridged model	30/09/2015	18/03/2016	20/05/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	01/07/2015	Dutch	PDF
Abridged model	30/09/2013	21/03/2014	26/05/2014	Dutch	PDF
Abridged model	30/09/2012	18/06/2013	21/06/2013	Dutch	PDF
Abridged model	30/09/2011	15/04/2012	22/05/2012	Dutch	PDF
Abridged model	30/09/2010	13/05/2011	20/05/2011	Dutch	PDF
Abridged model	30/09/2009	30/03/2010	29/04/2010	Dutch	PDF
Abridged model	30/09/2008	27/04/2009	28/04/2009	Dutch	PDF
Abridged model	30/09/2007	28/04/2008	29/04/2008	Dutch	PDF
Abridged model	30/09/2006	16/03/2007	20/03/2007	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 30/09/2025 · 2 active · 21 ended

Active mandates

VANCO CONSTRUCT

Director · since 08 janvier 2021 · until 01 janvier 2027 · 0759.648.273

Represented by Tim VANHESTE

Active

Sam Windey

Director · since 01 octobre 2016 · until 17 mars 2028

Active

Ended mandates

VANCO CONSTRUCT

Managing director · since 08 janvier 2021 · until 19 mars 2027 · 0759.648.273

Represented by Vanheste TIM

Ended

VANCO CONSTRUCT

Managing director · since 08 janvier 2021 · 0759.648.273

Represented by Tim Vanheste

Ended

Sam Windey

Director · since 01 octobre 2016 · until 29 mars 2022

Ended

Sam Windey

Director · since 01 octobre 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/11/2014
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares26/01/2012
KAPITAAL - AANDELEN
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 202588,7 k €↑
2024
Annual accounts 202455,5 k €↑
2023
Annual accounts 202354,4 k €↓
2022
Annual accounts 202288,0 k €↑
2021
Annual accounts 202148,5 k €↓
2020
Annual accounts 2020148,4 k €↑
2019
Annual accounts 2019146,3 k €↑
2018
Annual accounts 2018128,7 k €↑
2017
Annual accounts 2017-237,3 k €↓
2016
Annual accounts 2016-2,2 k €↑
2015
Annual accounts 2015-20,4 k €↓
2014
Annual accounts 2014-2,8 k €↑
2013
Annual accounts 2013-11,1 k €↓
2012
Annual accounts 201246,1 k €↑
2011
Annual accounts 2011-5,3 k €↑
2010
Annual accounts 2010-71,6 k €↓
2009
Annual accounts 2009-434,8 €↓
2008
Annual accounts 200811,8 k €↓
2007
Annual accounts 200718,7 k €
06/10/1993
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

VANCO

Overview

What does VANCO 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

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