ACTIVE

VANCO

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Financial year 2025 · closed on 31/12/2025

Net result

2,4 k €

-91.2% YoY

Gross margin

16,5 k €

-84.9% YoY

Equity

-6,9 k €

+25.7% YoY

What does VANCO do?

VANCO is a Public limited company incorporated in 1995. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.214.556

Incorporation

05/10/1995

Legal form

Public limited company

Registered office

Mirakelstraat 21
8790 Waregem · FlandreSee on map

Contributed capital

65 691,78 €

Latest accounts

31/12/2025

Activities (NACE)

27110Manufacture of electric motors, generators and transformers· main 27110Manufacture of electric motors, generators and transformers

Signals

ProfitableGood 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		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	16,5 k €	-84.9%	108,9 k €	-29.9%	155,4 k €	+79.0%	86,8 k €	+139%	36,3 k €	+1502%	2,3 k €	-81.9%	12,5 k €	+203%	-12,2 k €	-143%	28,5 k €	+0.8%	28,3 k €	+1454%	1,8 k €	-69.1%	5,9 k €	+119%	-30,5 k €	-187%	35,1 k €	+190%	12,1 k €	-54.9%	26,9 k €	+7.1%	25,1 k €	+11.5%	22,5 k €	-1.8%	22,9 k €
EBITDA	15 k €	+167%	-22,4 k €	-114%	154,6 k €	+81.1%	85,4 k €	+152%	33,8 k €	+3449%	952,7 €	-90.7%	10,2 k €	+176%	-13,4 k €	-149%	27,2 k €	+0.8%	27 k €	+4649%	568 €	-87.0%	4,4 k €	+114%	-31,9 k €	-200%	32 k €	+140%	13,3 k €	+74.2%	7,7 k €	-62.5%	20,4 k €	+20.1%	17 k €	+163%	-26,9 k €
Operating result	11,9 k €	-76.0%	49,8 k €	-67.3%	152,5 k €	+81.5%	84 k €	+164%	31,8 k €	+5145%	-630,1 €	-107%	8,9 k €	+159%	-15,1 k €	-162%	24,4 k €	+52.4%	16 k €	+252%	-10,5 k €	-55.3%	-6,8 k €	+87.1%	-52,8 k €	-316%	24,5 k €	+87.5%	13,1 k €	+77.0%	7,4 k €	-63.8%	20,4 k €	+20.1%	17 k €	+163%	-27,1 k €
Net result	2,4 k €	-91.2%	27,3 k €	-75.3%	110,6 k €	+68.4%	65,7 k €	+182%	23,3 k €	+1770%	-1,4 k €	-118%	7,5 k €	+149%	-15,3 k €	-162%	24,8 k €	+62.5%	15,3 k €	+238%	-11 k €	-55.8%	-7,1 k €	+86.4%	-52,2 k €	-439%	15,4 k €	+45.0%	10,6 k €	+81.8%	5,8 k €	-63.8%	16,1 k €	-12.4%	18,4 k €	+172%	-25,7 k €
Balance sheet
Equity	-6,9 k €	+25.7%	-9,3 k €	+74.6%	-36,7 k €	+75.1%	-147,3 k €	+30.8%	-213 k €	+23.8%	-279,6 k €	-0.5%	-278,3 k €	+2.6%	-285,8 k €	-5.7%	-270,5 k €	+8.4%	-295,3 k €	+4.9%	-310,6 k €	-3.7%	-299,5 k €	-2.4%	-292,4 k €	-21.7%	-240,2 k €	+6.0%	-255,6 k €	+4.0%	-266,2 k €	+2.1%	-272,1 k €	+5.6%	-288,2 k €	+6.0%	-306,7 k €
Total assets	100,4 k €	-20.0%	125,6 k €	-35.2%	193,8 k €	+134%	83 k €	+86.1%	44,6 k €	+65.0%	27 k €	-37.1%	43 k €	-2.7%	44,2 k €	-35.8%	68,9 k €	+33.9%	51,4 k €	-32.9%	76,7 k €	-46.2%	142,6 k €	+31.6%	108,3 k €	-47.0%	204,5 k €	+63.4%	125,2 k €	+24.1%	100,9 k €	+31.6%	76,7 k €	+24.9%	61,4 k €	+1.7%	60,4 k €
Cash	67,4 k €	-4.8%	70,7 k €	-47.5%	134,7 k €	+136%	57 k €	+239%	16,8 k €		–		–		2,1 k €	-6.1%	2,3 k €	+30.2%	1,7 k €	-89.1%	16 k €	-44.2%	28,6 k €	+169%	10,6 k €	+896%	1,1 k €	+20.0%	890,8 €	-74.8%	3,5 k €	+34.5%	2,6 k €	+29.8%	2 k €	+4.4%	1,9 k €
Debts	107,4 k €	-20.4%	134,9 k €	-13.2%	155,4 k €	+0.1%	155,3 k €	-14.9%	182,6 k €	-21.2%	231,7 k €	-5.9%	246,2 k €	-3.4%	255 k €	-3.5%	264,3 k €	-2.7%	271,7 k €	-13.0%	312,2 k €	-9.4%	344,5 k €	+5.7%	325,8 k €	-11.9%	369,7 k €	+20.9%	305,8 k €	+5.3%	290,4 k €	-0.1%	290,8 k €	-1.7%	296 k €	-7.1%	318,5 k €

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 31/12/2025 · 2 active · 14 ended

Active mandates

Didier VANCRAEYNEST

Director

Active

Evi Kint

Director

Active

Ended mandates

Evi Kint

Director · since 01 juin 2018 · until 01 juin 2024

Ended

Didier Vancraeynest

Director · since 15 octobre 2015

Ended

Evi Kint

Director · since 15 octobre 2015 · until 15 octobre 2021

Ended

Evi Kint

Director · since 15 octobre 2015

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	06/05/2026	30/06/2025	03/07/2024	30/06/2023	29/08/2022	31/08/2021
General meeting	28/04/2026	14/06/2025	24/06/2024	26/05/2023	31/07/2022	31/07/2021
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
Micro model	31/12/2025	28/04/2026	06/05/2026	Dutch	PDF
Micro model	31/12/2024	14/06/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	24/06/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	31/07/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	31/07/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	30/09/2020	29/10/2020	Dutch	PDF
Micro model	31/12/2018	31/07/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	01/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	05/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/07/2007	30/08/2007	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 31/12/2025 · 2 active · 14 ended

Active mandates

Didier VANCRAEYNEST

Director

Active

Evi Kint

Director

Active

Ended mandates

Evi Kint

Director · since 01 juin 2018 · until 01 juin 2024

Ended

Didier Vancraeynest

Director · since 15 octobre 2015

Ended

Evi Kint

Director · since 15 octobre 2015 · until 15 octobre 2021

Ended

Evi Kint

Director · since 15 octobre 2015

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Other22/12/2022
DIVERSEN
PDF
Registered office19/02/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2008
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 20252,4 k €↓
2024
Annual accounts 202427,3 k €↓
2023
Annual accounts 2023110,6 k €↑
2022
Annual accounts 202265,7 k €↑
2021
Annual accounts 202123,3 k €↑
2019
Annual accounts 2019-1,4 k €↓
2018
Annual accounts 20187,5 k €↑
2017
Annual accounts 2017-15,3 k €↓
2016
Annual accounts 201624,8 k €↑
2015
Annual accounts 201515,3 k €↑
2014
Annual accounts 2014-11 k €↓
2013
Annual accounts 2013-7,1 k €↑
2012
Annual accounts 2012-52,2 k €↓
2011
Annual accounts 201115,4 k €↑
2010
Annual accounts 201010,6 k €↑
2009
Annual accounts 20095,8 k €↓
2008
Annual accounts 200816,1 k €↓
2007
Annual accounts 200718,4 k €↑
2006
Annual accounts 2006-25,7 k €
05/10/1995
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

VANCO

Overview

What does VANCO 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