ACTIVE

VANGO

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Financial year 2025 · closed on 30/09/2025

Net result

260 k €

+17.9% YoY

Gross margin

466,6 k €

+3.7% YoY

Equity

2,7 M €

+5.5% YoY

What does VANGO do?

VANGO is a Public limited company incorporated in 1994. Its main activity is: Wholesale of other household goods. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.930.997

Incorporation

09/12/1994

Legal form

Public limited company

Registered office

Gentseweg 591
8793 Waregem · FlandreSee on map

Contributed capital

362 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

46499Wholesale of other household goods· main 46499Wholesale of other household goods 51478Air transport 46496Wholesale of other household goods 46496Wholesale of other household goods 51476Air transport+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	466,6 k €	+3.7%	450,1 k €	+13.0%	398,3 k €	+5.7%	376,7 k €	-1.5%	382,3 k €	+21.1%	315,8 k €	-7.7%	342,2 k €	-0.5%	343,9 k €	+3.6%	331,8 k €	-1.6%	337,3 k €	+17.5%	287,1 k €	-0.8%	289,4 k €	+1.7%	284,7 k €	+1.8%	279,5 k €	+0.4%	278,3 k €	-3.4%	288,1 k €	+3.2%	279,2 k €	-3.9%	290,5 k €	+166%	109,1 k €
EBITDA	443,5 k €	+8.8%	407,7 k €	+4.7%	389,6 k €	+8.0%	360,6 k €	-0.8%	363,4 k €	+21.1%	300 k €	-9.6%	332 k €	-0.6%	333,9 k €	+3.7%	322 k €	-1.8%	327,8 k €	+18.1%	277,6 k €	-0.8%	279,9 k €	+1.7%	275,2 k €	+1.8%	270,4 k €	+0.3%	269,5 k €	-0.5%	270,9 k €	-2.9%	279,1 k €	+0.8%	276,9 k €	+2075%	-14 k €
Operating result	329,7 k €	+12.2%	293,9 k €	+5.0%	279,8 k €	+17.0%	239,1 k €	+1.1%	236,6 k €	+29.1%	183,2 k €	+98.6%	92,3 k €	-64.9%	262,8 k €	+2.3%	256,8 k €	-5.4%	271,4 k €	+22.7%	221,2 k €	-1.1%	223,6 k €	+2.2%	218,8 k €	+2.2%	214 k €	+4.1%	205,7 k €	-4.0%	214,3 k €	-3.7%	222,4 k €	+1.0%	220,2 k €	+421%	-68,5 k €
Net result	260 k €	+17.9%	220,5 k €	+15.1%	191,6 k €	+17.9%	162,5 k €	+0.8%	161,2 k €	+35.9%	118,7 k €	-84.4%	759,3 k €	+363%	164,1 k €	-6.4%	175,2 k €	-3.8%	182,1 k €	-25.4%	243,9 k €	-65.6%	709,3 k €	+470%	124,5 k €	+5.1%	118,5 k €	-5.1%	124,8 k €	+9.4%	114 k €	-0.5%	114,6 k €	-29.4%	162,3 k €	+248%	-109,7 k €
Balance sheet
Equity	2,7 M €	+5.5%	2,6 M €	-17.3%	3,1 M €	-2.9%	3,2 M €	+5.3%	3 M €	+5.6%	2,9 M €	+4.3%	2,8 M €	+37.8%	2 M €	+8.9%	1,8 M €	+10.5%	1,7 M €	+12.3%	1,5 M €	+10.7%	1,3 M €	+97.1%	680,7 k €	+22.4%	556,2 k €	+27.1%	437,7 k €	+39.9%	312,9 k €	+57.3%	198,9 k €	+136%	84,3 k €	+208%	-78 k €
Total assets	3,2 M €	+5.0%	3 M €	-8.2%	3,3 M €	+1.5%	3,2 M €	+4.8%	3,1 M €	+3.4%	3 M €	+0.4%	3 M €	+41.1%	2,1 M €	+3.2%	2 M €	+12.9%	1,8 M €	+12.2%	1,6 M €	-18.2%	2 M €	+26.4%	1,6 M €	+2.5%	1,5 M €	-7.6%	1,6 M €	-22.3%	2,1 M €	+18.2%	1,8 M €	+14.6%	1,6 M €	+2.5%	1,5 M €
Cash	435,9 k €	+125%	193,4 k €	-64.5%	544,6 k €	-8.8%	597,3 k €	+83.2%	326,1 k €	+209%	105,6 k €	+22.9%	85,9 k €	-65.9%	251,7 k €	-42.6%	438,2 k €	+33.6%	328,1 k €	+480%	56,5 k €	-65.2%	162,6 k €	-11.7%	184,1 k €	+221%	57,3 k €	-53.6%	123,5 k €	+142%	51 k €	+13.9%	44,8 k €	-1.3%	45,4 k €	+332%	10,5 k €
Debts	444,8 k €	+2.3%	434,9 k €	+163%	165,1 k €	+551%	25,3 k €	-37.0%	40,3 k €	-60.3%	101,3 k €	-51.4%	208,3 k €	+105%	101,5 k €	-49.2%	199,8 k €	+40.8%	141,8 k €	+11.8%	126,9 k €	-79.4%	615,6 k €	-30.0%	880 k €	-9.0%	966,9 k €	-20.1%	1,2 M €	-33.1%	1,8 M €	+13.4%	1,6 M €	+7.7%	1,5 M €	-7.7%	1,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 11 ended

Active mandates

Christophe Goethals

Managing director · until 01 décembre 2028

Active

Ilse Vandeputte

Director · until 01 décembre 2028

Active

Ended mandates

Christophe Goethals

Managing director · since 03 décembre 2016 · until 03 décembre 2022

Ended

Ilse Vandeputte

Mandate · since 03 décembre 2016 · until 03 décembre 2022

Ended

Ilse Vandeputte

Director · since 03 décembre 2016 · until 03 décembre 2022

Ended

CHRISTOPHE GOETHALS

Director · until 03 décembre 2016

Ended

At this address

Other companies at this address

Company	CBE no.
BELLIM● Active	0713.806.172
CIEL 4 Invest● Active	1016.866.836

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro 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	12/02/2026	13/02/2025	11/01/2024	09/02/2023	10/02/2022	28/01/2021
General meeting	16/01/2026	17/01/2025	01/12/2023	02/12/2022	04/02/2022	08/01/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	16/01/2026	12/02/2026	Dutch	PDF
Micro model	30/09/2024	17/01/2025	13/02/2025	Dutch	PDF
Micro model	30/09/2023	01/12/2023	11/01/2024	Dutch	PDF
Abridged model	30/09/2022	02/12/2022	09/02/2023	Dutch	PDF
Abridged model	30/09/2021	04/02/2022	10/02/2022	Dutch	PDF
Abridged model	30/09/2020	08/01/2021	28/01/2021	Dutch	PDF
Abridged model	30/09/2019	24/01/2020	06/02/2020	Dutch	PDF
Abridged model	30/09/2018	11/01/2019	17/01/2019	Dutch	PDF
Abridged model	30/09/2017	30/01/2018	01/02/2018	Dutch	PDF
Abridged model	30/09/2016	13/01/2017	26/01/2017	Dutch	PDF
Abridged model	30/09/2015	04/12/2015	04/01/2016	Dutch	PDF
Abridged model	30/09/2014	23/01/2015	30/01/2015	Dutch	PDF
Abridged model	30/09/2013	06/12/2013	19/12/2013	Dutch	PDF
Abridged model	30/09/2012	18/01/2013	25/01/2013	Dutch	PDF
Abridged model	30/09/2011	02/12/2011	07/12/2011	Dutch	PDF
Abridged model	30/09/2010	03/12/2010	09/12/2010	Dutch	PDF
Abridged model	30/09/2009	28/01/2010	18/02/2010	Dutch	PDF
Abridged model	30/09/2008	01/12/2008	16/12/2008	Dutch	PDF
Abridged model	30/09/2007	09/01/2008	24/01/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 11 ended

Active mandates

Christophe Goethals

Managing director · until 01 décembre 2028

Active

Ilse Vandeputte

Director · until 01 décembre 2028

Active

Ended mandates

Christophe Goethals

Managing director · since 03 décembre 2016 · until 03 décembre 2022

Ended

Ilse Vandeputte

Mandate · since 03 décembre 2016 · until 03 décembre 2022

Ended

Ilse Vandeputte

Director · since 03 décembre 2016 · until 03 décembre 2022

Ended

CHRISTOPHE GOETHALS

Director · until 03 décembre 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring02/10/2023
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/07/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates02/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/12/2013
KAPITAAL - AANDELEN
PDF
Mandates24/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2005
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - 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 2025260 k €↑
2024
Annual accounts 2024220,5 k €↑
2023
Annual accounts 2023191,6 k €↑
2022
Annual accounts 2022162,5 k €↑
2021
Annual accounts 2021161,2 k €↑
2020
Annual accounts 2020118,7 k €↓
2019
Annual accounts 2019759,3 k €↑
2018
Annual accounts 2018164,1 k €↓
2017
Annual accounts 2017175,2 k €↓
2016
Annual accounts 2016182,1 k €↓
2015
Annual accounts 2015243,9 k €↓
2014
Annual accounts 2014709,3 k €↑
2013
Annual accounts 2013124,5 k €↑
2012
Annual accounts 2012118,5 k €↓
2011
Annual accounts 2011124,8 k €↑
2010
Annual accounts 2010114 k €↓
2009
Annual accounts 2009114,6 k €↓
2008
Annual accounts 2008162,3 k €↑
2007
Annual accounts 2007-109,7 k €
09/12/1994
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

VANGO

Overview

What does VANGO 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

Timeline