ACTIVE

VANDESAN

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Financial year 2025 · closed on 30/09/2025

Net result

-332,5 k €

-366.9% YoY

Gross margin

95 k €

-84.9% YoY

Equity

159,1 k €

-67.6% YoY

Workforce

5,8 ETP

-19.4% YoY

What does VANDESAN do?

VANDESAN is a Private limited company incorporated in 1993. Its main activity is: Growing of vegetables and melons, roots and tubers. Its registered office is in Lichtervelde. It employs on average 5,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.379.897

Incorporation

01/12/1993

Legal form

Private limited company

Registered office

Duifhoekstraat 3A
8810 Lichtervelde · FlandreSee on map

Contributed capital

159 248,02 €

Latest accounts

30/09/2025

Average workforce

5,8 ETP

Activities (NACE)

01130Growing of vegetables and melons, roots and tubers· main 01130Growing of vegetables and melons, roots and tubers 51310Air transport 01121Growing of rice 46319Wholesale of fruit and vegetables 46319Wholesale of fruit and vegetables

Joint committees (3)

Signals

Low riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	95 k €	-84.9%	628,3 k €	+25.8%	499,3 k €	-9.5%	551,5 k €	+69.9%	324,7 k €	+11.5%	291,3 k €	+18.9%	245 k €	-12.7%	280,6 k €	+77.8%	157,8 k €	-24.5%	208,9 k €	+11.0%	188,2 k €	+374%	39,7 k €	-46.4%	74 k €	-0.2%	74,2 k €	+706%	-12,3 k €	-111%	111,8 k €	+280%	29,4 k €	-76.5%	125 k €	-1.1%	126,4 k €	-12.1%	143,8 k €
EBITDA	-249,9 k €	-193%	268,4 k €	+107%	129,6 k €	-54.7%	286,1 k €	+327%	67 k €	+24.2%	54 k €	+32.7%	40,7 k €	-37.5%	65 k €	+280%	-36,2 k €	-175%	48,1 k €	-53.2%	102,9 k €	+216%	32,5 k €	-51.7%	67,3 k €	-1.0%	68,1 k €	+532%	-15,8 k €	-125%	63,8 k €	+346%	-26 k €	-164%	40,5 k €	-34.1%	61,5 k €	-1.4%	62,3 k €
Operating result	-333,4 k €	-281%	183,7 k €	+129%	80,3 k €	-65.5%	233,1 k €	+2084%	10,7 k €	+283%	2,8 k €	+114%	-20,3 k €	-164%	31,7 k €	+147%	-67,1 k €	-352%	26,6 k €	-69.6%	87,4 k €	+169%	32,5 k €	-37.9%	52,4 k €	-1.3%	53,1 k €	+273%	-30,7 k €	-170%	44,1 k €	+197%	-45,7 k €	-333%	19,6 k €	-46.8%	36,9 k €	-2.2%	37,7 k €
Net result	-332,5 k €	-367%	124,6 k €	+118%	57,2 k €	-67.6%	176,8 k €	+5639%	-3,2 k €	+73.6%	-12,1 k €	+67.9%	-37,7 k €	-328%	16,5 k €	+120%	-81,6 k €	-1026%	8,8 k €	-87.0%	67,6 k €	+364%	14,6 k €	-52.5%	30,6 k €	-15.2%	36,1 k €	+172%	-50,1 k €	-287%	26,7 k €	+137%	-71,8 k €	-983%	-6,6 k €	-193%	7,1 k €	-42.9%	12,5 k €
Balance sheet
Equity	159,1 k €	-67.6%	491,6 k €	+33.9%	367 k €	+18.5%	309,8 k €	+133%	133 k €	-2.3%	136,2 k €	-8.2%	148,3 k €	-20.3%	185,9 k €	+9.8%	169,4 k €	-32.5%	251 k €	+3.6%	242,2 k €	+38.7%	174,6 k €	+9.1%	160 k €	+23.7%	129,4 k €	+38.7%	93,2 k €	-34.9%	143,3 k €	+22.9%	116,6 k €	-38.1%	188,4 k €	-3.4%	195 k €	+3.8%	187,9 k €
Total assets	764 k €	-30.3%	1,1 M €	+11.0%	988,3 k €	-4.7%	1 M €	+7.5%	965 k €	-1.9%	983,2 k €	-3.7%	1 M €	+44.3%	707,2 k €	+8.2%	653,7 k €	-42.9%	1,1 M €	+0.4%	1,1 M €	+44.9%	787 k €	-14.6%	921,1 k €	+33.8%	688,4 k €	+10.6%	622,6 k €	-17.5%	755 k €	+14.1%	661,6 k €	-10.6%	739,7 k €	-1.7%	752,2 k €	-0.9%	758,8 k €
Cash	3,2 k €	-97.5%	129,8 k €	+472%	22,7 k €	-77.0%	98,5 k €	+21066%	465,4 €	-88.7%	4,1 k €	-94.4%	73,5 k €	+3334%	2,1 k €	-36.4%	3,4 k €	-75.8%	13,9 k €	-76.0%	57,8 k €	+2313059%	2,5 €	0.0%	2,5 €	+1.2%	2,5 €	+6.9%	2,3 €	+1.3%	2,3 €	0.0%	2,3 €	+68.9%	1,4 €	-98.2%	75,1 €	-90.6%	800,6 €
Debts	604,9 k €	-0.1%	605,2 k €	-2.6%	621,2 k €	-14.6%	727,7 k €	-12.5%	832 k €	-1.8%	847 k €	-2.9%	872,5 k €	+67.4%	521,2 k €	+7.6%	484,3 k €	-45.9%	894,4 k €	-0.5%	898,6 k €	+46.7%	612,4 k €	-19.5%	761,1 k €	+36.2%	559 k €	+5.6%	529,4 k €	-13.5%	611,7 k €	+12.2%	545,1 k €	-1.1%	551,4 k €	-1.1%	557,2 k €	-2.4%	570,9 k €
Other
Workforce	5,8 ETP	-19.4%	7,2 ETP	-21.7%	9,2 ETP	+31.4%	7,0 ETP	+2.9%	6,8 ETP	-6.8%	7,3 ETP	+14.1%	6,4 ETP	-12.3%	7,3 ETP	+15.9%	6,3 ETP	-30.0%	9,0 ETP	+80.0%	5,0 ETP		–		–		–		–		0,6 ETP	-72.7%	2,2 ETP	-38.9%	3,6 ETP	+125%	1,6 ETP	-46.7%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Marie Ann Sanders

Director

Active

Ended mandates

Marie - Ann Sanders

Manager

Ended

Marie Ann Sanders

Manager

Ended

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	30/03/2026	31/03/2025	02/04/2024	27/03/2023	28/03/2022	30/03/2021
General meeting	28/03/2026	29/03/2025	30/03/2024	25/03/2023	26/03/2022	27/03/2021
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	28/03/2026	30/03/2026	Dutch	PDF
Abridged model	30/09/2024	29/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	30/03/2024	02/04/2024	Dutch	PDF
Abridged model	30/09/2022	25/03/2023	27/03/2023	Dutch	PDF
Abridged model	30/09/2021	26/03/2022	28/03/2022	Dutch	PDF
Abridged model	30/09/2020	27/03/2021	30/03/2021	Dutch	PDF
Abridged model	30/09/2019	28/03/2020	01/04/2020	Dutch	PDF
Abridged model	30/09/2018	30/03/2019	02/04/2019	Dutch	PDF
Abridged model	30/09/2017	31/03/2018	09/04/2018	Dutch	PDF
Abridged model	30/09/2016	25/03/2017	28/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/03/2016	29/03/2016	Dutch	PDF
Abridged model	30/09/2014	28/03/2015	02/04/2015	Dutch	PDF
Abridged model	30/09/2013	29/03/2014	13/05/2014	Dutch	PDF
Abridged model	30/09/2012	30/03/2013	24/05/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	24/04/2012	Dutch	PDF
Abridged model	30/09/2010	26/03/2011	20/05/2011	Dutch	PDF
Abridged model	30/09/2009	27/03/2010	29/04/2010	Dutch	PDF
Abridged model	30/09/2008	28/03/2009	30/04/2009	Dutch	PDF
Abridged model	30/09/2007	29/03/2008	28/04/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	05/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 1 active · 2 ended

Active mandates

Marie Ann Sanders

Director

Active

Ended mandates

Marie - Ann Sanders

Manager

Ended

Marie Ann Sanders

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
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 2025-332,5 k €↓
2024
Annual accounts 2024124,6 k €↑
2023
Annual accounts 202357,2 k €↓
2022
Annual accounts 2022176,8 k €↑
2021
Annual accounts 2021-3,2 k €↑
2020
Annual accounts 2020-12,1 k €↑
2019
Annual accounts 2019-37,7 k €↓
2018
Annual accounts 201816,5 k €↑
2017
Annual accounts 2017-81,6 k €↓
2016
Annual accounts 20168,8 k €↓
2015
Annual accounts 201567,6 k €↑
2014
Annual accounts 201414,6 k €↓
2013
Annual accounts 201330,6 k €↓
2012
Annual accounts 201236,1 k €↑
2011
Annual accounts 2011-50,1 k €↓
2010
Annual accounts 201026,7 k €↑
2009
Annual accounts 2009-71,8 k €↓
2008
Annual accounts 2008-6,6 k €↓
2007
Annual accounts 20077,1 k €↓
2006
Annual accounts 200612,5 k €
01/12/1993
IncorporationPrivate 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

VANDESAN

Overview

What does VANDESAN do?

Trend over 20 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