ACTIVE

VANLAER

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Financial year 2025 · closed on 31/12/2025

Net result

188,4 k €

-5.2% YoY

Gross margin

478 k €

-4.3% YoY

Equity

1,2 M €

+9.8% YoY

Workforce

3,0 ETP

-9.1% YoY

What does VANLAER do?

VANLAER is a Private limited company incorporated in 1996. Its registered office is in Zoutleeuw. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.400.422

Incorporation

15/07/1996

Legal form

Private limited company

Registered office

Bergstraat 7
3440 Zoutleeuw · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	478 k €	-4.3%	499,4 k €	-19.3%	619 k €	+15.0%	538,2 k €	+45.2%	370,7 k €	-26.2%	502 k €	+12.7%	445,4 k €	+50.6%	295,8 k €	-12.1%	336,6 k €	+5.8%	318 k €	-15.5%	376,5 k €	-8.7%	412,6 k €	+6.6%	387 k €	+14.2%	338,9 k €	-9.0%	372,5 k €	-14.2%	434,3 k €	+7.2%	405 k €	+8.8%	372,1 k €	-15.4%	440,1 k €	-6.2%	469,1 k €
EBITDA	278,6 k €	-5.1%	293,7 k €	-22.3%	377,8 k €	+22.3%	308,9 k €	+93.1%	159,9 k €	-18.2%	195,6 k €	-14.3%	228,4 k €	+114%	106,8 k €	-15.2%	126 k €	-4.1%	131,4 k €	-1.0%	132,8 k €	-17.1%	160,2 k €	+134%	68,5 k €	+0.2%	68,3 k €	-33.1%	102,1 k €	-35.0%	157,2 k €	+41.8%	110,9 k €	+42.4%	77,9 k €	-42.8%	136,2 k €	+0.2%	135,9 k €
Operating result	269,6 k €	-5.1%	284,1 k €	-22.7%	367,3 k €	+22.7%	299,4 k €	+97.7%	151,4 k €	-8.0%	164,7 k €	+79.5%	91,7 k €	+61.5%	56,8 k €	-26.3%	77,1 k €	-0.4%	77,4 k €	+0.8%	76,8 k €	-32.4%	113,6 k €	+1102%	-11,3 k €	-192%	12,4 k €	-70.7%	42,2 k €	-60.6%	107,1 k €	+55.5%	68,9 k €	+116%	31,9 k €	-66.4%	94,9 k €	+2.3%	92,8 k €
Net result	188,4 k €	-5.2%	198,8 k €	-21.6%	253,7 k €	+20.0%	211,4 k €	+97.2%	107,2 k €	-8.0%	116,5 k €	+83.0%	63,7 k €	+151%	25,3 k €	-30.5%	36,4 k €	-22.9%	47,2 k €	-9.2%	52 k €	+9.7%	47,4 k €	+528%	-11,1 k €	-526%	-1,8 k €	-109%	18,6 k €	-66.7%	56 k €	+35.1%	41,4 k €	+220%	12,9 k €	-77.3%	57 k €	-13.9%	66,2 k €
Balance sheet
Equity	1,2 M €	+9.8%	1,1 M €	+18.3%	894,7 k €	+39.1%	643,4 k €	+28.5%	500,6 k €	+12.8%	443,9 k €	+34.8%	329,4 k €	+24.0%	265,7 k €	+10.5%	240,4 k €	+17.9%	204 k €	+30.1%	156,7 k €	+49.6%	104,8 k €	+82.6%	57,4 k €	-16.2%	68,4 k €	-2.5%	70,2 k €	-72.1%	251,6 k €	+28.6%	195,6 k €	-30.2%	280,2 k €	+4.8%	267,3 k €	+27.1%	210,3 k €
Total assets	1,4 M €	+17.5%	1,2 M €	+12.7%	1,1 M €	+20.3%	879 k €	+9.9%	799,5 k €	+20.6%	663,1 k €	+7.7%	615,7 k €	+5.3%	584,7 k €	-6.8%	627,4 k €	-5.2%	662 k €	+0.4%	659,2 k €	+3.8%	635,3 k €	-3.0%	655,3 k €	-13.5%	757,8 k €	-15.4%	895,2 k €	-0.8%	902,5 k €	+6.3%	848,8 k €	+3.5%	819,7 k €	-12.8%	940,5 k €	-1.9%	958,2 k €
Cash	1 M €	+40.5%	726,9 k €	-10.1%	808,6 k €	+26.0%	641,9 k €	+5.4%	608,7 k €	+18.0%	516 k €	+80.5%	285,9 k €	+101%	142,6 k €	+15.1%	123,9 k €	-3.1%	127,9 k €	+11.0%	115,2 k €	-8.5%	125,9 k €	+5.9%	118,9 k €	+102%	58,9 k €	-71.9%	209,1 k €	-3.2%	216 k €	-12.7%	247,5 k €	+75.0%	141,4 k €	-32.7%	210,2 k €	-23.2%	273,8 k €
Debts	137,3 k €	+78.2%	77 k €	-52.8%	163,1 k €	-26.1%	220,6 k €	-13.1%	253,9 k €	+56.0%	162,7 k €	-42.6%	283,4 k €	-9.4%	312,9 k €	-16.7%	375,5 k €	-16.4%	449 k €	-0.0%	449,2 k €	-14.9%	528 k €	-11.3%	595,1 k €	-13.3%	686,4 k €	-16.5%	821,8 k €	+26.9%	647,5 k €	-0.5%	650,5 k €	+21.2%	536,9 k €	-19.9%	670,6 k €	-10.0%	745,3 k €
Other
Workforce	3,0 ETP	-9.1%	3,3 ETP	-13.2%	3,8 ETP	-19.1%	4,7 ETP	-2.1%	4,8 ETP	-9.4%	5,3 ETP	-8.6%	5,8 ETP	+9.4%	5,3 ETP	-3.6%	5,5 ETP	+5.8%	5,2 ETP	-17.5%	6,3 ETP	-7.4%	6,8 ETP	-15.0%	8,0 ETP	-2.4%	8,2 ETP	+28.1%	6,4 ETP	-17.9%	7,8 ETP	-7.1%	8,4 ETP	-4.5%	8,8 ETP	-1.1%	8,9 ETP	-11.9%	10,1 ETP

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 31/12/2025 · 3 active · 4 ended

Active mandates

Geert Vanlaer

Director

Active

Joost Smets

Director

Active

Kenneth Vanlaer

Director

Active

Ended mandates

Kenneth Vanlaer

Director · since 01 août 2020

Ended

Joost Smets

Manager · since 01 avril 2011

Ended

Freddy Kenes

Manager

Ended

Geert Vanlaer

Manager

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	31/08/2026	26/09/2025	10/10/2024	05/07/2023	29/09/2022	25/10/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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	01/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	26/09/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	10/10/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	29/09/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	13/08/2019	Dutch	PDF
Abridged model	31/12/2017	06/06/2018	03/10/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	07/09/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	16/09/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	25/09/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	25/09/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	14/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	09/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	29/11/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	22/09/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	22/09/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	27/11/2007	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 31/12/2025 · 3 active · 4 ended

Active mandates

Geert Vanlaer

Director

Active

Joost Smets

Director

Active

Kenneth Vanlaer

Director

Active

Ended mandates

Kenneth Vanlaer

Director · since 01 août 2020

Ended

Joost Smets

Manager · since 01 avril 2011

Ended

Freddy Kenes

Manager

Ended

Geert Vanlaer

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates07/09/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office25/05/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/10/2003
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 2025188,4 k €↓
2024
Annual accounts 2024198,8 k €↓
2023
Annual accounts 2023253,7 k €↑
2022
Annual accounts 2022211,4 k €↑
2021
Annual accounts 2021107,2 k €↓
2020
Annual accounts 2020116,5 k €↑
2019
Annual accounts 201963,7 k €↑
2018
Annual accounts 201825,3 k €↓
2017
Annual accounts 201736,4 k €↓
2016
Annual accounts 201647,2 k €↓
2015
Annual accounts 201552 k €↑
2014
Annual accounts 201447,4 k €↑
2013
Annual accounts 2013-11,1 k €↓
2012
Annual accounts 2012-1,8 k €↓
2011
Annual accounts 201118,6 k €↓
2010
Annual accounts 201056 k €↑
2009
Annual accounts 200941,4 k €↑
2008
Annual accounts 200812,9 k €↓
2007
Annual accounts 200757 k €↓
2006
Annual accounts 200666,2 k €
15/07/1996
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

VANLAER

Overview

What does VANLAER 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