ACTIVE

VACAL

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Financial year 2025 · closed on 31/12/2025

Net result

144,5 k €

-28.7% YoY

Gross margin

559,5 k €

-8.0% YoY

Equity

1,1 M €

+15.1% YoY

Workforce

4,8 ETP

-9.4% YoY

What does VACAL do?

VACAL is a Private limited company incorporated in 1996. Its main activity is: Electrical installation. Its registered office is in Wevelgem. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.052.221

Incorporation

19/01/1996

Legal form

Private limited company

Registered office

Poezelhoek 15
8560 Wevelgem · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

Average workforce

4,8 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 25110Manufacture of metal structures and parts of structures 33110Repair of fabricated metal products 33120Repair of machinery+1

Joint committees (4)

149
14901
20000
218

Contacts

3 public details availableLog in to view

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	559,5 k €	-8.0%	608,2 k €	+12.8%	539,0 k €	+16.3%	463,4 k €	-4.1%	483,0 k €	+24.3%	388,5 k €	+40.4%	276,7 k €	-15.5%	327,3 k €	+18.5%	276,3 k €	+6.0%	260,6 k €	+19.6%	218,0 k €	+1.0%	215,9 k €	+0.5%	214,8 k €	+7.6%	199,7 k €	+10.8%	180,3 k €	+13.2%	159,2 k €	+3.9%	153,2 k €	-32.7%	227,9 k €	+41.8%	160,7 k €	-25.9%	216,9 k €
EBITDA	251,7 k €	-17.7%	305,9 k €	+33.0%	230,1 k €	+12.4%	204,7 k €	-9.5%	226,1 k €	+69.1%	133,8 k €	+80.7%	74,0 k €	-39.5%	122,4 k €	+65.2%	74,1 k €	-1.3%	75,0 k €	+16.6%	64,3 k €	-3.0%	66,3 k €	+14.2%	58,1 k €	+6.7%	54,4 k €	+11.2%	48,9 k €	+29.4%	37,8 k €	+112%	17,8 k €	-64.9%	50,8 k €	+42.4%	35,6 k €	-58.9%	86,8 k €
Operating result	200,7 k €	-29.1%	283,0 k €	+36.3%	207,6 k €	+18.0%	176,0 k €	-16.0%	209,5 k €	+88.5%	111,2 k €	+126%	49,3 k €	-45.8%	90,9 k €	+172%	33,4 k €	-34.9%	51,3 k €	+35.0%	38,0 k €	-0.7%	38,3 k €	+69.1%	22,6 k €	-4.6%	23,7 k €	-7.5%	25,6 k €	+68.7%	15,2 k €	+434%	2,8 k €	-91.3%	32,7 k €	+1789%	1,7 k €	-97.0%	57,9 k €
Net result	144,5 k €	-28.7%	202,8 k €	+42.6%	142,1 k €	+17.7%	120,7 k €	-15.1%	142,2 k €	+88.8%	75,3 k €	+296%	19,0 k €	-72.1%	68,2 k €	+251%	19,4 k €	-40.2%	32,5 k €	+24.5%	26,1 k €	-0.4%	26,2 k €	+82.0%	14,4 k €	-20.2%	18,0 k €	-2.6%	18,5 k €	+4.8%	17,7 k €	+944%	1,7 k €	-93.2%	24,9 k €	+4099%	593,0 €	-98.6%	41,8 k €
Balance sheet
Equity	1,1 M €	+15.1%	936,0 k €	+27.1%	736,7 k €	+21.4%	606,9 k €	+24.8%	486,2 k €	+41.4%	343,9 k €	+28.1%	268,6 k €	+7.6%	249,6 k €	+37.6%	181,3 k €	-48.5%	351,8 k €	+10.2%	319,3 k €	+8.9%	293,2 k €	+9.8%	267,0 k €	-2.4%	273,7 k €	+7.1%	255,6 k €	+7.8%	237,1 k €	+8.1%	219,4 k €	+0.8%	217,7 k €	+12.9%	192,8 k €	+0.3%	192,2 k €
Total assets	1,2 M €	+9.5%	1,1 M €	+32.3%	804,5 k €	+21.0%	664,8 k €	+9.6%	606,7 k €	+41.3%	429,4 k €	+10.6%	388,2 k €	-6.4%	414,5 k €	-33.6%	624,6 k €	+15.5%	540,8 k €	+11.9%	483,2 k €	+8.1%	447,2 k €	+15.3%	387,8 k €	-7.7%	420,0 k €	-2.8%	432,0 k €	+24.4%	347,3 k €	+22.6%	283,4 k €	-13.9%	329,0 k €	+1.0%	325,6 k €	+0.4%	324,4 k €
Cash	271,4 k €	+29.0%	210,3 k €	-28.0%	292,0 k €	+97.6%	147,8 k €	+41.6%	104,4 k €	-7.0%	112,2 k €	+148%	45,2 k €	-33.0%	67,5 k €	-19.0%	83,3 k €	+211%	26,8 k €	-2.8%	27,6 k €	-74.1%	106,5 k €	+83.3%	58,1 k €	+190%	20,1 k €	-49.4%	39,6 k €	+48.7%	26,7 k €	-27.3%	36,7 k €	-34.8%	56,2 k €	+54.1%	36,5 k €	-50.6%	73,9 k €
Debts	87,7 k €	-31.4%	127,7 k €	+88.5%	67,7 k €	+17.0%	57,9 k €	-51.9%	120,5 k €	+41.0%	85,5 k €	-28.5%	119,6 k €	-26.8%	163,4 k €	-63.0%	441,7 k €	+136%	187,5 k €	+15.4%	162,4 k €	+6.8%	152,0 k €	+27.4%	119,3 k €	-17.6%	144,8 k €	-17.8%	176,2 k €	+59.8%	110,2 k €	+72.4%	64,0 k €	-42.5%	111,2 k €	-16.2%	132,8 k €	+0.6%	131,9 k €
Other
Workforce	4,8 ETP	-9.4%	5,3 ETP	+10.4%	4,8 ETP	-4.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	+28.2%	3,9 ETP	0.0%	3,9 ETP	0.0%	3,9 ETP	+2.6%	3,8 ETP	+22.6%	3,1 ETP	+6.9%	2,9 ETP	0.0%	2,9 ETP	0.0%	2,9 ETP	+7.4%	2,7 ETP	+3.8%	2,6 ETP	-18.8%	3,2 ETP	-20.0%	4,0 ETP	+17.6%	3,4 ETP	-2.9%	3,5 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 31/12/2025 · 2 active · 5 ended

Active mandates

ELS VERDEGEM

Director · since 01 octobre 2021

Active

BART DE LANGHE

Director · since 19 septembre 2019

Active

Ended mandates

Philippe VAN DIERENDONCK

Manager · since 29 décembre 2004 · until 31 août 2019

Ended

Bart DE LANGHE

Mandate

Ended

Bart DE LANGHE

Director

Ended

Els VERDEGEM

Mandate

Ended

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	25/02/2026	07/07/2025	03/07/2024	10/07/2023	23/08/2022	25/06/2021
General meeting	16/02/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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	16/02/2026	25/02/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/07/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	29/07/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/08/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	03/08/2015	07/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/08/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/08/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/08/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/07/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/07/2010	28/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/08/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	16/08/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/07/2007	29/08/2007	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 31/12/2025 · 2 active · 5 ended

Active mandates

ELS VERDEGEM

Director · since 01 octobre 2021

Active

BART DE LANGHE

Director · since 19 septembre 2019

Active

Ended mandates

Philippe VAN DIERENDONCK

Manager · since 29 décembre 2004 · until 31 août 2019

Ended

Bart DE LANGHE

Mandate

Ended

Bart DE LANGHE

Director

Ended

Els VERDEGEM

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/12/2017
KAPITAAL - AANDELEN
PDF
Capital / shares13/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office14/12/2006
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares24/01/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025144,5 k €↓
2024
Annual accounts 2024202,8 k €↑
2023
Annual accounts 2023142,1 k €↑
2022
Annual accounts 2022120,7 k €↓
2021
Annual accounts 2021142,2 k €↑
2020
Annual accounts 202075,3 k €↑
2019
Annual accounts 201919,0 k €↓
2018
Annual accounts 201868,2 k €↑
2017
Annual accounts 201719,4 k €↓
2016
Annual accounts 201632,5 k €↑
2015
Annual accounts 201526,1 k €↓
2014
Annual accounts 201426,2 k €↑
2013
Annual accounts 201314,4 k €↓
2012
Annual accounts 201218,0 k €↓
2011
Annual accounts 201118,5 k €↑
2010
Annual accounts 201017,7 k €↑
2009
Annual accounts 20091,7 k €↓
2008
Annual accounts 200824,9 k €↑
2007
Annual accounts 2007593,0 €↓
2006
Annual accounts 200641,8 k €
19/01/1996
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

VACAL

Overview

What does VACAL do?

Trend over 20 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