ACTIVE

V - KING

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Financial year 2025 · closed on 31/12/2025

Net result

73,5 k €

+5836.5% YoY

Gross margin

301,3 k €

-22.4% YoY

Equity

1,1 M €

+2.6% YoY

Workforce

1,0 ETP

0.0% YoY

What does V - KING do?

V - KING is a Private limited company incorporated in 1995. Its registered office is in Middelkerke. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.782.403

Incorporation

27/12/1995

Legal form

Private limited company

Registered office

Oostendelaan 111
8430 Middelkerke · FlandreSee on map

Contributed capital

240 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Joint committees (1)

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 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	301,3 k €	-22.4%	388,3 k €	-33.9%	587,2 k €	+147%	237,7 k €	-29.7%	338 k €	-6.7%	362,3 k €	+11.0%	326,3 k €	+14.2%	285,6 k €	-20.3%	358,4 k €	+27.8%	280,4 k €	+24.9%	224,5 k €	-16.1%	267,5 k €	+5.8%	252,9 k €	-12.3%	288,3 k €	+2.2%	282 k €	-10.2%	314,2 k €	-4.5%	328,8 k €	-26.6%	448,1 k €
EBITDA	192,6 k €	-25.1%	257,2 k €	-40.1%	429,4 k €	+245%	124,6 k €	-35.8%	194,1 k €	-17.1%	234 k €	+17.2%	199,6 k €	+22.0%	163,7 k €	-33.9%	247,8 k €	+35.9%	182,3 k €	+35.9%	134,1 k €	-13.5%	155 k €	-6.6%	166,1 k €	-6.2%	177,1 k €	-6.4%	189,2 k €	-16.0%	225,3 k €	+2.4%	220,1 k €	-32.6%	326,3 k €
Operating result	140,7 k €	+306%	34,7 k €	-90.7%	374 k €	+549%	57,6 k €	-47.6%	110 k €	-12.9%	126,3 k €	+21.1%	104,3 k €	+37.7%	75,7 k €	-49.8%	150,8 k €	+61.6%	93,3 k €	+134%	39,8 k €	-28.6%	55,8 k €	-19.0%	68,8 k €	+11.6%	61,7 k €	-21.1%	78,2 k €	-32.5%	115,8 k €	-7.0%	124,4 k €	-34.5%	189,8 k €
Net result	73,5 k €	+5836%	1,2 k €	-99.6%	315,9 k €	+798%	35,2 k €	-58.2%	84,1 k €	-1.5%	85,4 k €	+34.6%	63,4 k €	+49.9%	42,3 k €	-52.7%	89,4 k €	+44.1%	62 k €	+89.8%	32,7 k €	-25.4%	43,8 k €	-25.7%	59 k €	+17.1%	50,4 k €	-15.9%	59,9 k €	-29.8%	85,3 k €	+17.0%	72,9 k €	-40.0%	121,5 k €
Balance sheet
Equity	1,1 M €	+2.6%	1,1 M €	+0.1%	1,1 M €	+21.0%	913,2 k €	+2.3%	893,1 k €	+27.1%	702,8 k €	-31.0%	1 M €	+6.6%	955,7 k €	+4.6%	913,4 k €	+10.8%	824 k €	+129%	360,3 k €	-53.4%	774 k €	-29.0%	1,1 M €	+5.7%	1 M €	+5.1%	980,8 k €	+6.5%	920,9 k €	+10.2%	835,6 k €	+9.4%	763,6 k €
Total assets	2,5 M €	-20.5%	3,2 M €	+81.5%	1,7 M €	+12.1%	1,6 M €	-2.3%	1,6 M €	-8.0%	1,7 M €	+1.8%	1,7 M €	+2.9%	1,6 M €	+22.3%	1,3 M €	+34.2%	1 M €	+0.0%	1 M €	-11.6%	1,1 M €	-12.2%	1,3 M €	+2.9%	1,3 M €	-15.7%	1,5 M €	+20.5%	1,2 M €	-5.8%	1,3 M €	-11.8%	1,5 M €
Cash	206,5 k €	+3.4%	199,7 k €	-30.9%	289 k €	+1831%	15 k €	-77.1%	65,3 k €	+786%	7,4 k €	+10.4%	6,7 k €	-37.9%	10,7 k €	-82.8%	62,6 k €	-64.8%	177,9 k €	+150%	71 k €	-34.7%	108,8 k €	-27.2%	149,5 k €	+114%	69,7 k €	-65.7%	203,4 k €	+1819%	10,6 k €	-85.0%	70,7 k €	-14.8%	83 k €
Debts	1,3 M €	-34.3%	2 M €	+225%	628,7 k €	+9.5%	574,3 k €	-15.6%	680,7 k €	-32.5%	1 M €	+52.8%	660,1 k €	+7.5%	614,3 k €	+43.3%	428,6 k €	+144%	175,7 k €	-69.6%	578,9 k €	+63.9%	353,3 k €	+76.0%	200,8 k €	-10.1%	223,3 k €	-56.1%	508,3 k €	+62.3%	313,3 k €	-33.4%	470,7 k €	-34.5%	718,5 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	0.0%	1,1 ETP	-54.2%	2,4 ETP	+50.0%	1,6 ETP	+6.7%	1,5 ETP	+15.4%	1,3 ETP	0.0%	1,3 ETP	+85.7%	0,7 ETP	+133%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 16 ended

Active mandates

MODODA

Director · since 24 janvier 2019 · 0870.731.089

Represented by Dierendonck Henk Pol

Active

Ended mandates

MODODA

Director · since 24 janvier 2019 · 0870.731.089

Represented by Dierendonck HENK

Ended

MODODA

Manager · since 24 janvier 2019 · 0870.731.089

Represented by Henk DIERENDONCK

Ended

MODODA

Manager · since 24 janvier 2019 · 0870.731.089

Represented by Henk Dierendonck

Ended

MODODA

Manager · since 24 janvier 2019 · 0870.731.089

Represented by Henk Dierendonck

Ended

At this address

Other companies at this address

Company	CBE no.
4D & B● Active	0634.597.853

Annual accounts

Full financial information

	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	04/09/2026	04/08/2025	25/06/2024	08/09/2023	30/08/2022	10/06/2021
General meeting	27/07/2026	17/07/2025	21/06/2024	12/07/2023	30/06/2022	25/05/2021
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
Abridged model	31/12/2025	27/07/2026	04/09/2026	Dutch	PDF
Abridged model	31/12/2024	17/07/2025	04/08/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	12/07/2023	08/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/05/2021	10/06/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	24/06/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	04/06/2018	Dutch	PDF
Abridged model	31/12/2016	21/09/2017	22/09/2017	Dutch	PDF
Abridged model	31/12/2015	19/08/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	14/08/2015	17/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/03/2014	08/04/2014	Dutch	PDF
Abridged model	31/12/2012	08/08/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	10/09/2012	10/10/2012	Dutch	PDF
Abridged model	31/12/2010	21/11/2011	28/11/2011	Dutch	PDF
Abridged model	31/12/2009	20/09/2010	21/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/09/2009	13/10/2009	Dutch	PDF
Abridged model	31/12/2007	06/10/2008	07/10/2008	Dutch	PDF
Abridged model	31/12/2006	23/10/2007	27/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 16 ended

Active mandates

MODODA

Director · since 24 janvier 2019 · 0870.731.089

Represented by Dierendonck Henk Pol

Active

Ended mandates

MODODA

Director · since 24 janvier 2019 · 0870.731.089

Represented by Dierendonck HENK

Ended

MODODA

Manager · since 24 janvier 2019 · 0870.731.089

Represented by Henk DIERENDONCK

Ended

MODODA

Manager · since 24 janvier 2019 · 0870.731.089

Represented by Henk Dierendonck

Ended

MODODA

Manager · since 24 janvier 2019 · 0870.731.089

Represented by Henk Dierendonck

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/03/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/07/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates15/04/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares29/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2005
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 202573,5 k €↑
2024
Annual accounts 20241,2 k €↓
2023
Annual accounts 2023315,9 k €↑
2022
Annual accounts 202235,2 k €↓
2021
Annual accounts 202184,1 k €↓
2018
Annual accounts 201885,4 k €↑
2017
Annual accounts 201763,4 k €↑
2016
Annual accounts 201642,3 k €↓
2015
Annual accounts 201589,4 k €↑
2014
Annual accounts 201462 k €↑
2013
Annual accounts 201332,7 k €↓
2012
Annual accounts 201243,8 k €↓
2011
Annual accounts 201159 k €↑
2010
Annual accounts 201050,4 k €↓
2009
Annual accounts 200959,9 k €↓
2008
Annual accounts 200885,3 k €↑
2007
Annual accounts 200772,9 k €↓
2006
Annual accounts 2006121,5 k €
27/12/1995
IncorporationPrivate 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

V - KING

Overview

What does V - KING do?

Trend over 18 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