ACTIVE

VDB Packaging

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Financial year 2025 · closed on 30/06/2025

Net result

159,1 k €

+50.9% YoY

Gross margin

161,7 k €

-2.2% YoY

Equity

357,5 k €

+30.8% YoY

What does VDB Packaging do?

VDB Packaging is a Public limited company incorporated in 1994. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Grimbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.601.802

Incorporation

02/05/1994

Legal form

Public limited company

Registered office

Kleinewinkellaan 42
1853 Grimbergen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 74142Specialised design activities 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	161,7 k €	-2.2%	165,3 k €	-32.7%	245,7 k €	+32.6%	185,2 k €	+3.5%	179 k €	+14.9%	155,8 k €	+39.6%	111,6 k €	+14.1%	97,8 k €	+36.5%	71,7 k €	+17.3%	61,1 k €	-7.0%	65,7 k €	+116%	30,5 k €	-49.9%	60,8 k €	-2.4%	62,3 k €	-12.1%	70,8 k €	-15.2%	83,6 k €	+50.8%	55,4 k €	-34.4%	84,5 k €	+19.0%	71 k €
EBITDA	150,7 k €	-2.3%	154,2 k €	-33.7%	232,5 k €	+49.0%	156,1 k €	+2.3%	152,6 k €	+10.5%	138,1 k €	+58.3%	87,2 k €	+0.3%	87 k €	+29.6%	67,1 k €	+20.0%	55,9 k €	-9.4%	61,7 k €	+150%	24,6 k €	-57.8%	58,3 k €	+10.1%	52,9 k €	-21.8%	67,7 k €	+17.1%	57,8 k €	+7.9%	53,6 k €	-35.1%	82,5 k €	+24.8%	66,1 k €
Operating result	150,3 k €	+4.9%	143,3 k €	-34.8%	219,8 k €	+55.2%	141,7 k €	+0.4%	141,1 k €	+14.1%	123,6 k €	+44.6%	85,5 k €	+0.7%	84,9 k €	+43.6%	59,2 k €	+44.3%	41 k €	-11.8%	46,5 k €	+320%	11,1 k €	-70.4%	37,4 k €	-7.1%	40,2 k €	-12.9%	46,2 k €	+28.6%	35,9 k €	+14.1%	31,5 k €	-50.2%	63,2 k €	+41.8%	44,6 k €
Net result	159,1 k €	+50.9%	105,5 k €	-36.1%	165 k €	+64.0%	100,6 k €	+1.8%	98,8 k €	+14.9%	86 k €	+49.2%	57,6 k €	+1.7%	56,6 k €	+37.5%	41,2 k €	+19.4%	34,5 k €	-20.4%	43,3 k €	+190%	14,9 k €	-58.3%	35,8 k €	-4.2%	37,4 k €	-8.3%	40,8 k €	+31.5%	31 k €	+0.2%	30,9 k €	-50.4%	62,4 k €	+232%	18,8 k €
Balance sheet
Equity	357,5 k €	+30.8%	273,3 k €	-62.5%	728,2 k €	+29.3%	563,2 k €	+21.7%	462,6 k €	+27.2%	363,8 k €	-38.3%	590 k €	+10.8%	532,4 k €	+11.9%	475,8 k €	+5.3%	451,8 k €	+2.8%	439,3 k €	+0.2%	438,4 k €	+1.6%	431,5 k €	+6.9%	403,7 k €	+7.9%	374,3 k €	+11.2%	336,6 k €	+5.5%	318,9 k €	+6.1%	300,6 k €	+19.9%	250,7 k €
Total assets	690,9 k €	-10.1%	768,9 k €	-5.8%	816,5 k €	+21.2%	673,5 k €	+32.9%	506,6 k €	+1.9%	497,4 k €	-19.5%	618,1 k €	+12.6%	549,1 k €	+7.2%	512,2 k €	+5.8%	484,2 k €	-6.2%	516,1 k €	+5.4%	489,5 k €	+3.8%	471,5 k €	+3.8%	454,4 k €	+14.4%	397,4 k €	+4.8%	379,2 k €	-4.8%	398,3 k €	+12.4%	354,3 k €	-11.5%	400,2 k €
Cash	279,7 k €	-43.4%	493,8 k €	+14.5%	431,5 k €	+81.0%	238,4 k €	+65.0%	144,5 k €	+27.7%	113,1 k €	-59.5%	279,5 k €	-5.2%	294,7 k €	+15.8%	254,5 k €	+4.3%	244 k €	+36.5%	178,7 k €	-14.7%	209,6 k €	+24.5%	168,3 k €	+29.9%	129,6 k €	-28.7%	181,9 k €	+58.3%	114,9 k €	-6.8%	123,4 k €	+35.6%	91 k €	-3.4%	94,2 k €
Debts	330,2 k €	-33.3%	494,8 k €	+473%	86,3 k €	-7.5%	93,3 k €	+112%	44 k €	-67.1%	133,5 k €	+375%	28,1 k €	+84.9%	15,2 k €	-56.5%	35 k €	+14.9%	30,4 k €	-59.7%	75,5 k €	+48.8%	50,7 k €	+29.8%	39,1 k €	-21.0%	49,4 k €	+135%	21 k €	-48.3%	40,7 k €	-47.6%	77,6 k €	+49.3%	52 k €	-64.9%	148 k €
Other
Workforce	–		0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	+50.0%	0,4 ETP	-20.0%	0,5 ETP	+66.7%	0,3 ETP		–		–		–		–		–		–		–		0,3 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 21 ended

Active mandates

MELIX

Managing director · since 30 avril 2024 · until 30 avril 2030 · 0819.835.783

Represented by Muriel Desmet

Active

Vincent Matton

Director · since 30 avril 2024 · until 30 avril 2030

Active

Ended mandates

MELIX

Managing director · since 31 janvier 2023 · 0819.835.783

Represented by Muriel Desmet

Ended

Bart Van Den Berghe

Managing director · since 06 mars 2022 · until 05 mars 2026

Ended

BART VAN DEN BERGHE

Managing director · since 06 mars 2020 · until 05 mars 2026

Ended

MARTINE DE ROUCK

Director · since 06 mars 2020 · until 05 mars 2026

Ended

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/06/2025	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	21 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/02/2026	11/03/2024	23/12/2022	30/03/2022	14/12/2020	09/03/2020
General meeting	26/12/2025	01/02/2024	17/12/2022	04/03/2022	27/11/2020	06/03/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/12/2025	02/02/2026	Dutch	PDF
Abridged model	30/09/2023	01/02/2024	11/03/2024	Dutch	PDF
Abridged model	30/09/2022	17/12/2022	23/12/2022	Dutch	PDF
Abridged model	30/09/2021	04/03/2022	30/03/2022	Dutch	PDF
Abridged model	30/09/2020	27/11/2020	14/12/2020	Dutch	PDF
Abridged model	30/09/2019	06/03/2020	09/03/2020	Dutch	PDF
Abridged model	30/09/2018	01/03/2019	25/03/2019	Dutch	PDF
Abridged model	30/09/2017	02/03/2018	16/03/2018	Dutch	PDF
Abridged model	30/09/2016	03/03/2017	20/03/2017	Dutch	PDF
Abridged model	30/09/2015	04/03/2016	15/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	20/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	24/03/2014	Dutch	PDF
Abridged model	30/09/2012	02/03/2013	05/04/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	02/05/2012	Dutch	PDF
Abridged model	30/09/2010	05/03/2011	30/05/2011	Dutch	PDF
Abridged model	30/09/2009	06/03/2010	05/04/2010	Dutch	PDF
Abridged model	30/09/2008	07/03/2009	30/04/2009	Dutch	PDF
Abridged model	30/09/2007	01/03/2008	08/05/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	25/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 21 ended

Active mandates

MELIX

Managing director · since 30 avril 2024 · until 30 avril 2030 · 0819.835.783

Represented by Muriel Desmet

Active

Vincent Matton

Director · since 30 avril 2024 · until 30 avril 2030

Active

Ended mandates

MELIX

Managing director · since 31 janvier 2023 · 0819.835.783

Represented by Muriel Desmet

Ended

Bart Van Den Berghe

Managing director · since 06 mars 2022 · until 05 mars 2026

Ended

BART VAN DEN BERGHE

Managing director · since 06 mars 2020 · until 05 mars 2026

Ended

MARTINE DE ROUCK

Director · since 06 mars 2020 · until 05 mars 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/07/2024
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates21/02/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/11/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other19/08/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/03/2008
KAPITAAL - AANDELEN - 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 2025159,1 k €↑
2025
Name changeVDB Packaging
2023
Annual accounts 2023105,5 k €↓
2022
Annual accounts 2022165 k €↑
2022
Name changeVAN DEN BERGHE & CO
2021
Annual accounts 2021100,6 k €↑
2020
Annual accounts 202098,8 k €↑
2019
Annual accounts 201986 k €↑
2018
Annual accounts 201857,6 k €↑
2017
Annual accounts 201756,6 k €↑
2016
Annual accounts 201641,2 k €↑
2015
Annual accounts 201534,5 k €↓
2014
Annual accounts 201443,3 k €↑
2013
Annual accounts 201314,9 k €↓
2012
Annual accounts 201235,8 k €↓
2011
Annual accounts 201137,4 k €↓
2010
Annual accounts 201040,8 k €↑
2009
Annual accounts 200931 k €↑
2008
Annual accounts 200830,9 k €↓
2007
Annual accounts 200762,4 k €↑
2006
Annual accounts 200618,8 k €
02/05/1994
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

VDB Packaging

Overview

What does VDB Packaging 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