ACTIVE

Veerkracht 4

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Financial year 2025 · Closed on 31/12/2025

Net result477,2 k €+71,9 %over 1 year

Gross margin3,8 M €+20,6 %over 1 year

Equity2,9 M €+20,1 %over 1 year

Workforce82,6 ETP+3,9 %over 1 year

Identity

Source · BCE/KBO

Veerkracht 4 is a Non-profit organization incorporated in 1994. Its main activity is: Technical and vocational secondary education. Its registered office is in Menen. It employs on average 82,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.454.124
Incorporation: 28/02/1994
Legal form: Non-profit organization
Registered office: Bruggestraat 465
8930 Menen · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 82,6 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles+3

Joint committees (2)

327
32701

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,8 M €	+20.6%	3,1 M €	+12.1%	2,8 M €	+12.3%	2,5 M €	+16.2%	2,1 M €
EBITDA	698,2 k €	+72.5%	404,8 k €	-1.5%	411 k €	-0.5%	412,9 k €	-11.5%	466,6 k €
Operating result	526,1 k €	+98.3%	265,3 k €	-3.6%	275,2 k €	-8.8%	301,8 k €	-26.7%	411,8 k €
Net result	477,2 k €	+71.9%	277,7 k €	-6.4%	296,6 k €	-5.7%	314,5 k €	-26.0%	425,1 k €
Balance sheet
Equity	2,9 M €	+20.1%	2,4 M €	+12.1%	2,1 M €	+17.1%	1,8 M €	+19.4%	1,5 M €
Total assets	5 M €	+78.9%	2,8 M €	+5.4%	2,6 M €	+14.3%	2,3 M €	+28.9%	1,8 M €
Cash	1,6 M €	+101%	785,6 k €	-50.8%	1,6 M €	+15.7%	1,4 M €	+21.9%	1,1 M €
Debts	2 M €	+462%	362,8 k €	-25.1%	484,4 k €	+9.1%	443,9 k €	+82.6%	243,1 k €
Other
Workforce	82,6 ETP	+3.9%	79,5 ETP	+8.0%	73,6 ETP	+14.1%	64,5 ETP	+2.4%	63,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

22 active · 52 ended

Active mandates

Paul MAXY

Director · since 17 juin 2025

Active

Angelique Declercq

Director

Active

Ann Roose

Director · until 17 juin 2025

Active

Christine Kesteloot

Dagelijks bestuurder · until 17 juin 2025

Active

Christophe Raes

Director

Active

Emilie Vandenheede

Director

Active

Frederik Vandamme

Director · until 17 juin 2025

Active

Herman PONNET

Director

Active

Jan Bekaert

Director

Active

Karen BERNAERT

Dagelijks bestuurder · until 17 juin 2025

Active

Katrien Dousy

Director

Active

Lianna Mkrtchyan

Director · until 17 juin 2025

Active

Linda Delepierre

Director · until 17 juin 2025

Active

Lisa Maxy

Director · until 17 juin 2025

Active

Marleen Becarren

Director

Active

Randy Verfaillie

Director

Active

Renaat VANDENBULCKE

Director

Active

Ruben DENYS

Dagelijks bestuurder · until 17 juin 2025

Active

Rudy Nuytten

Director · until 17 juin 2025

Active

Sofie Pringels

Director · until 17 juin 2025

Active

Vincent DUMORTIER

Director

Active

Virginie Breye

Director

Active

Ended mandates

JAN BEKAERT

Director · since 19 décembre 2023

Ended

Angelique DECLERCQ

Chairman of the board of directors · since 18 mars 2019

Ended

Emilie VANDENHEEDE

Director · since 18 mars 2019

Ended

Lianna MKRTCHYAN

Director · since 18 mars 2019

Ended

Other companies at this address

Bruggestraat 465 8930 Menen

Company	CBE no.
WONEN EN WERKEN MENEN● Active	0447.242.056

Full financial information

Source · NBB

	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	01/01/2025	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	18/06/2026	24/06/2025	30/08/2024	29/06/2023	22/06/2022	17/06/2021
General meeting	09/06/2026	17/06/2025	30/06/2024	27/06/2023	21/06/2022	15/06/2021
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	09/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	17/06/2025	24/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	21/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	17/06/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	02/08/2019	Dutch	PDF
Abridged model	31/12/2017	13/06/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	14/05/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/04/2013	13/05/2013	Dutch	PDF
Abridged model	31/12/2011	30/05/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	19/05/2011	25/05/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	26/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

22 active · 52 ended

Active mandates

Paul MAXY

Director · since 17 juin 2025

Active

Angelique Declercq

Director

Active

Ann Roose

Director · until 17 juin 2025

Active

Christine Kesteloot

Dagelijks bestuurder · until 17 juin 2025

Active

Christophe Raes

Director

Active

Emilie Vandenheede

Director

Active

Frederik Vandamme

Director · until 17 juin 2025

Active

Herman PONNET

Director

Active

Jan Bekaert

Director

Active

Karen BERNAERT

Dagelijks bestuurder · until 17 juin 2025

Active

Katrien Dousy

Director

Active

Lianna Mkrtchyan

Director · until 17 juin 2025

Active

Linda Delepierre

Director · until 17 juin 2025

Active

Lisa Maxy

Director · until 17 juin 2025

Active

Marleen Becarren

Director

Active

Randy Verfaillie

Director

Active

Renaat VANDENBULCKE

Director

Active

Ruben DENYS

Dagelijks bestuurder · until 17 juin 2025

Active

Rudy Nuytten

Director · until 17 juin 2025

Active

Sofie Pringels

Director · until 17 juin 2025

Active

Vincent DUMORTIER

Director

Active

Virginie Breye

Director

Active

Ended mandates

JAN BEKAERT

Director · since 19 décembre 2023

Ended

Angelique DECLERCQ

Chairman of the board of directors · since 18 mars 2019

Ended

Emilie VANDENHEEDE

Director · since 18 mars 2019

Ended

Lianna MKRTCHYAN

Director · since 18 mars 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/07/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/01/2021
BOEKJAAR - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2015
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025477,2 k €↑
2024
Annual accounts 2024277,7 k €↓
2023
Annual accounts 2023296,6 k €↓
2022
Annual accounts 2022314,5 k €↓
2021
Annual accounts 2021425,1 k €↑
2020
Annual accounts 2020303,8 k €↑
2019
Annual accounts 2019139 k €↓
2018
Annual accounts 2018176,6 k €↑
2017
Annual accounts 201779 k €↑
2016
Annual accounts 201633,5 k €↓
2015
Annual accounts 2015127,1 k €↑
2014
Annual accounts 201458,6 k €↑
2013
Annual accounts 2013-25,6 k €↓
2012
Annual accounts 201235,6 k €↑
2011
Annual accounts 20118,9 k €↓
2010
Annual accounts 201048,8 k €↑
2009
Annual accounts 20099 k €↑
2008
Annual accounts 2008-21,5 k €
28/02/1994
IncorporationNon-profit organization

Veerkracht 4

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