ACTIVE

VASKON

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Financial year 2025 · closed on 31/12/2025
Net result
1,6 M €
+21.2% YoY
Gross margin
6,1 M €
+32.5% YoY
Equity
7,8 M €
+26.7% YoY
Workforce
20,7 ETP
-35.3% YoY

What does VASKON do?

VASKON is a Public limited company incorporated in 1993. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Menen. It employs on average 20,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.169.566
Incorporation
29/10/1993
Legal form
Public limited company
Registered office
Krommebeekstraat 26
8930 Menen · FlandreSee on map
Contributed capital
392 157,70 €
Latest accounts
31/12/2025
Average workforce
20,7 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines29247Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers33120Repair of machinery33120Repair of machinery+6
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222010200920082007
Income statement
Gross margin6,1 M €4,6 M €3,6 M €4 M €1,2 M €886,4 k €896,9 k €745,1 k €
EBITDA2,6 M €2,2 M €1,5 M €2,2 M €401 k €229,2 k €198,8 k €176,2 k €
Operating result2,1 M €1,7 M €1,3 M €1,8 M €113,4 k €188,4 k €156,5 k €130,2 k €
Net result1,6 M €1,3 M €1 M €1,4 M €74,4 k €135,4 k €112,5 k €92,1 k €
Balance sheet
Equity7,8 M €6,2 M €5,5 M €5,7 M €583,2 k €509,3 k €554,5 k €442,6 k €
Total assets10,6 M €10,5 M €12,8 M €9,1 M €2,3 M €1,7 M €1,2 M €2,2 M €
Cash275,1 €135 k €621,5 k €1,8 M €63,9 k €77,7 k €56,1 k €106,4 k €
Debts2,6 M €3,9 M €7,2 M €3,2 M €1,7 M €1,1 M €580,7 k €1,7 M €
Other
Workforce20,7 ETP32,0 ETP29,8 ETP30,2 ETP16,7 ETP13,9 ETP21,0 ETP12,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 27 ended

Active mandates

GHEMA

Managing director · since 20 décembre 2024 · until 20 décembre 2030 · 0475.244.768

Represented by Luk Ghekiere

Active
VALTECH

Director · since 20 décembre 2024 · until 20 décembre 2030 · 0466.148.445

Represented by Frank Vandeputte

Active
VENCO

Chairman of the board of directors · since 20 décembre 2024 · until 20 décembre 2030 · 0450.207.484

Represented by Peter Vandeputte

Active

Ended mandates

THE COACHING LOOP

Director · since 28 mars 2018 · until 01 novembre 2019 · 0471.658.144

Represented by Frank Vandeputte

Ended
THE COACHING LOOP

Director · since 28 mars 2018 · until 16 décembre 2022 · 0471.658.144

Represented by Frank Vandeputte

Ended
VENCO

Director · since 28 mars 2018 · until 20 décembre 2024 · 0450.207.484

Represented by Peter VANDEPUTTE

Ended
VENCO

Chairman of the board of directors · since 28 mars 2018 · until 20 décembre 2024 · 0450.207.484

Represented by Vandeputte Peter

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year18 months12 months12 months12 months12 months12 months
Filing date10/04/202630/12/202417/01/202430/01/202305/01/202211/12/2020
General meeting03/04/202620/12/202422/12/202330/12/202217/12/202104/12/2020
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
Abridged model31/12/202503/04/202610/04/2026DutchPDF
Abridged model30/06/202420/12/202430/12/2024DutchPDF
Abridged model30/06/202322/12/202317/01/2024DutchPDF
Abridged model30/06/202230/12/202230/01/2023DutchPDF
Abridged model30/06/202117/12/202105/01/2022DutchPDF
Abridged model30/06/202004/12/202011/12/2020DutchPDF
Abridged model30/06/201902/12/201903/12/2019DutchPDF
Abridged model30/06/201821/12/201802/01/2019DutchPDF
Abridged model30/06/201722/09/201728/09/2017DutchPDF
Full model30/06/201616/12/201619/12/2016DutchPDF
Full model30/06/201518/12/201518/12/2015DutchPDF
Full model30/06/201419/12/201405/01/2015DutchPDF
Full model30/06/201320/12/201323/12/2013DutchPDF
Full model30/06/201221/12/201211/01/2013DutchPDF
Full model30/06/201116/12/201109/01/2012DutchPDF
Abridged model30/06/201017/12/201004/01/2011DutchPDF
Abridged model30/06/200918/12/200921/12/2009DutchPDF
Abridged model30/06/200819/12/200829/01/2009DutchPDF
Abridged model30/06/200721/12/200714/01/2008DutchPDF
Abridged model30/06/200615/12/200613/02/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 3 active · 27 ended

Active mandates

GHEMA

Managing director · since 20 décembre 2024 · until 20 décembre 2030 · 0475.244.768

Represented by Luk Ghekiere

Active
VALTECH

Director · since 20 décembre 2024 · until 20 décembre 2030 · 0466.148.445

Represented by Frank Vandeputte

Active
VENCO

Chairman of the board of directors · since 20 décembre 2024 · until 20 décembre 2030 · 0450.207.484

Represented by Peter Vandeputte

Active

Ended mandates

THE COACHING LOOP

Director · since 28 mars 2018 · until 01 novembre 2019 · 0471.658.144

Represented by Frank Vandeputte

Ended
THE COACHING LOOP

Director · since 28 mars 2018 · until 16 décembre 2022 · 0471.658.144

Represented by Frank Vandeputte

Ended
VENCO

Director · since 28 mars 2018 · until 20 décembre 2024 · 0450.207.484

Represented by Peter VANDEPUTTE

Ended
VENCO

Chairman of the board of directors · since 28 mars 2018 · until 20 décembre 2024 · 0450.207.484

Represented by Vandeputte Peter

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/05/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other26/05/2025
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates24/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/06/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring28/05/2018
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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 20251,6 M €↑
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2023
    Annual accounts 20231 M €↓
  4. 2022
    Annual accounts 20221,4 M €↑
  5. 2010
    Annual accounts 201074,4 k €↓
  6. 2009
    Annual accounts 2009135,4 k €↑
  7. 2008
    Annual accounts 2008112,5 k €↑
  8. 2007
    Annual accounts 200792,1 k €
  9. 29/10/1993
    IncorporationPublic limited company