ACTIVE

VEDHO

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Financial year 2024 · closed on 31/12/2024

Net result

601 k €

+22.6% YoY

Gross margin

1,4 M €

+20.4% YoY

Equity

2,7 M €

+29.1% YoY

Workforce

8,8 ETP

+12.8% YoY

What does VEDHO do?

VEDHO is a Public limited company incorporated in 1995. Its main activity is: Joinery installation. Its registered office is in Maldegem. It employs on average 8,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.247.733

Incorporation

09/01/1995

Legal form

Public limited company

Registered office

Industrielaan 9B
9990 Maldegem · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2024

Average workforce

8,8 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories 45422Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,4 M €	+20.4%	1,2 M €	+14.2%	1 M €	+23.8%	842,8 k €	+23.9%	680,4 k €	+12.9%	602,7 k €	+22.7%	491,3 k €	-6.7%	526,8 k €	-10.8%	590,4 k €	+13.1%	521,9 k €	-7.1%	561,6 k €	+1.7%	552,3 k €	-33.3%	828 k €	-7.6%	896,4 k €	+8.7%	824,5 k €	-12.5%	941,7 k €	+15.2%	817,2 k €	+13.1%	722,3 k €	+10.6%	653,4 k €
EBITDA	894,9 k €	+21.9%	734,2 k €	+27.2%	577,4 k €	+35.3%	426,7 k €	+17.4%	363,6 k €	+26.4%	287,6 k €	+34.2%	214,3 k €	+1.5%	211,1 k €	-4.8%	221,8 k €	+91.3%	115,9 k €	-37.8%	186,5 k €	+27.3%	146,5 k €	-44.5%	263,9 k €	-31.9%	387,6 k €	+25.5%	308,9 k €	-32.6%	458,3 k €	+59.2%	287,8 k €	+35.7%	212 k €	+6.2%	199,7 k €
Operating result	774,7 k €	+25.1%	619,5 k €	+30.4%	475 k €	+38.4%	343,3 k €	+23.8%	277,2 k €	+75.4%	158 k €	+52.3%	103,7 k €	+85.1%	56,1 k €	+92.8%	29,1 k €	+29.2%	22,5 k €	-73.7%	85,5 k €	+189%	29,5 k €	-75.5%	120,6 k €	-50.5%	243,6 k €	+30.9%	186,1 k €	-36.1%	291,3 k €	+120%	132,4 k €	+72.0%	77 k €	+5.0%	73,3 k €
Net result	601 k €	+22.6%	490,3 k €	+34.7%	364 k €	+46.4%	248,6 k €	+28.7%	193,1 k €	+74.3%	110,8 k €	+61.0%	68,8 k €	+115%	32 k €	+111%	15,2 k €	-5.9%	16,1 k €	-70.3%	54,3 k €	+335%	12,5 k €	-79.0%	59,4 k €	-67.9%	185 k €	+69.0%	109,5 k €	-43.7%	194,4 k €	+95.0%	99,7 k €	+48.1%	67,3 k €	+6.3%	63,3 k €
Balance sheet
Equity	2,7 M €	+29.1%	2,1 M €	+31.1%	1,6 M €	+16.5%	1,4 M €	+22.5%	1,1 M €	+21.2%	912,2 k €	+13.8%	801,4 k €	+9.4%	732,6 k €	-33.4%	1,1 M €	+1.4%	1,1 M €	+1.5%	1,1 M €	+5.3%	1 M €	-3.5%	1,1 M €	+6.0%	992,6 k €	+9.4%	907,6 k €	+13.7%	798,1 k €	+13.4%	703,7 k €	+14.7%	613,5 k €	+10.4%	555,7 k €
Total assets	4,3 M €	+15.6%	3,7 M €	+2.1%	3,7 M €	+7.4%	3,4 M €	+26.8%	2,7 M €	+5.3%	2,6 M €	+3.9%	2,5 M €	-13.9%	2,9 M €	-1.5%	2,9 M €	+45.4%	2 M €	-2.3%	2 M €	-2.3%	2,1 M €	-9.8%	2,3 M €	-5.8%	2,5 M €	+0.9%	2,4 M €	+6.3%	2,3 M €	+10.1%	2,1 M €	+15.5%	1,8 M €	+7.0%	1,7 M €
Cash	2,3 M €	+55.4%	1,5 M €	+18.1%	1,3 M €	+14.9%	1,1 M €	+66.9%	654 k €	+2.3%	639 k €	+32.4%	482,7 k €	-41.4%	823 k €	+9.6%	750,9 k €	-1.1%	759,2 k €	+1.4%	748,6 k €	-4.0%	779,9 k €	-2.7%	801,8 k €	+2.5%	782,4 k €	-6.8%	839,4 k €	+12.5%	745,8 k €	+27.4%	585,5 k €	+5.4%	555,6 k €	+7.5%	517,1 k €
Debts	1,6 M €	-1.1%	1,7 M €	-20.0%	2,1 M €	+1.6%	2,1 M €	+31.4%	1,6 M €	-3.6%	1,6 M €	-1.2%	1,6 M €	-20.9%	2,1 M €	+18.6%	1,7 M €	+105%	852,4 k €	-8.8%	934,6 k €	-10.2%	1 M €	-16.4%	1,2 M €	-13.8%	1,4 M €	-4.8%	1,5 M €	+3.4%	1,5 M €	+7.1%	1,4 M €	+15.7%	1,2 M €	+5.3%	1,1 M €
Other
Workforce	8,8 ETP	+12.8%	7,8 ETP	-19.6%	9,7 ETP	+6.6%	9,1 ETP	+19.7%	7,6 ETP	-3.8%	7,9 ETP	+14.5%	6,9 ETP	-17.9%	8,4 ETP	-9.7%	9,3 ETP	-4.1%	9,7 ETP	-4.0%	10,1 ETP	-6.5%	10,8 ETP	-20.0%	13,5 ETP	+8.0%	12,5 ETP	-3.8%	13,0 ETP	-0.8%	13,1 ETP	-7.1%	14,1 ETP	-2.8%	14,5 ETP	+17.9%	12,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 11 ended

Active mandates

FRANK D'HOOGE

Managing director · since 08 décembre 2023

Active

SASKIA VERMEIRE

Director · since 08 décembre 2023

Active

Ended mandates

FRANK D'HOOGE

Managing director · since 08 septembre 2020 · until 30 mai 2026

Ended

SASKIA VERMEIRE

Director · since 08 septembre 2020 · until 30 mai 2026

Ended

FRANK D'HOOGE

Managing director · since 30 mai 2014 · until 30 mai 2020

Ended

MARCEL VERMEIRE

Director · since 30 mai 2014 · until 30 mai 2020

Ended

At this address

Other companies at this address

Company	CBE no.
BEDRIJVEN INDUSTRIE MALDEGEM● Active	0882.434.338
D'hooge● Active	1032.051.888

Annual accounts

Full financial information

	2024	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	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/10/2025	29/10/2024	11/10/2023	28/10/2022	29/10/2021	31/12/2020
General meeting	17/09/2025	31/05/2024	30/06/2023	31/05/2022	31/05/2021	08/09/2020
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	31/12/2024	17/09/2025	13/10/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	29/10/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	11/10/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	28/10/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	31/12/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	31/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	10/10/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	09/10/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	01/04/2015	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	29/10/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	29/10/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	30/11/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	31/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 2 active · 11 ended

Active mandates

FRANK D'HOOGE

Managing director · since 08 décembre 2023

Active

SASKIA VERMEIRE

Director · since 08 décembre 2023

Active

Ended mandates

FRANK D'HOOGE

Managing director · since 08 septembre 2020 · until 30 mai 2026

Ended

SASKIA VERMEIRE

Director · since 08 septembre 2020 · until 30 mai 2026

Ended

FRANK D'HOOGE

Managing director · since 30 mai 2014 · until 30 mai 2020

Ended

MARCEL VERMEIRE

Director · since 30 mai 2014 · until 30 mai 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other24/12/2025
BENAMING
PDF
Mandates14/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2018
KAPITAAL - AANDELEN
PDF
Mandates04/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/10/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2004
ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - 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

2024
Annual accounts 2024601 k €↑
2023
Annual accounts 2023490,3 k €↑
2022
Annual accounts 2022364 k €↑
2021
Annual accounts 2021248,6 k €↑
2020
Annual accounts 2020193,1 k €↑
2019
Annual accounts 2019110,8 k €↑
2018
Annual accounts 201868,8 k €↑
2017
Annual accounts 201732 k €↑
2016
Annual accounts 201615,2 k €↓
2015
Annual accounts 201516,1 k €↓
2014
Annual accounts 201454,3 k €↑
2013
Annual accounts 201312,5 k €↓
2012
Annual accounts 201259,4 k €↓
2011
Annual accounts 2011185 k €↑
2010
Annual accounts 2010109,5 k €↓
2009
Annual accounts 2009194,4 k €↑
2008
Annual accounts 200899,7 k €↑
2007
Annual accounts 200767,3 k €↑
2006
Annual accounts 200663,3 k €
09/01/1995
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

VEDHO

Overview

What does VEDHO 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