ACTIVE

VANDEVOORDE

Financial year 2025 · closed on 30/09/2025
Net result
23,7 k €
+180.1% YoY
Gross margin
139,7 k €
+10.5% YoY
Equity
637,3 k €
+3.9% YoY

What does VANDEVOORDE do?

VANDEVOORDE is a Private company with limited liability incorporated in 1998. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.762.038
Incorporation
07/12/1998
Legal form
Private company with limited liability
Registered office
Moerbosstraat 26A
8793 Waregem · FlandreSee on map
Contributed capital
430 000,00 €
Latest accounts
30/09/2025
Joint committees (3)
  • 124
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920072006
Income statement
Gross margin139,7 k €126,4 k €140,5 k €96,6 k €149 k €96,5 k €170,4 k €157 k €217,2 k €198,9 k €219,9 k €198,8 k €238,6 k €275,9 k €254,3 k €176 k €594,6 k €146,8 k €178,1 k €
EBITDA130 k €116,6 k €131,3 k €88,1 k €141 k €88,1 k €149 k €96,2 k €155,5 k €138,3 k €104,2 k €142,7 k €183,5 k €222,1 k €203 k €130,3 k €462,9 k €78,5 k €110,6 k €
Operating result56,9 k €42,9 k €57,9 k €-19,2 k €66,1 k €7,1 k €67 k €12,3 k €75,4 k €58,8 k €35 k €74,2 k €130,4 k €169,5 k €165,1 k €77 k €369,1 k €64,4 k €68,5 k €
Net result23,7 k €8,5 k €24 k €-25,8 k €35,8 k €-2,3 k €44,9 k €6 k €52,5 k €57,7 k €14,4 k €58,6 k €99,1 k €152,9 k €119,9 k €48,1 k €254,6 k €50,8 k €60,9 k €
Balance sheet
Equity637,3 k €613,6 k €650 k €626 k €685,4 k €721,8 k €1,2 M €1,1 M €1,1 M €1,1 M €1 M €992 k €1 M €913,3 k €760,4 k €628,1 k €580 k €325,4 k €274,6 k €
Total assets1,2 M €1,3 M €1,4 M €1,5 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,3 M €1,1 M €1,1 M €855,9 k €759,3 k €711,7 k €459,1 k €429,5 k €
Cash118,3 k €264 k €331,7 k €340,8 k €471,7 k €374,9 k €319,4 k €223,7 k €168 k €88,6 k €124,1 k €30,4 k €25,7 k €51,9 k €131,9 k €61,6 k €56,6 k €117,7 k €65,2 k €
Debts542,7 k €654,5 k €768 k €841,2 k €683,8 k €636,6 k €191,4 k €228,1 k €265,7 k €305,4 k €359,2 k €317,6 k €133,3 k €172,1 k €95,5 k €131,1 k €131,8 k €133,7 k €154,9 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,6 ETP1,8 ETP1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

MICHELINE VANTHUYNE

Director

Active
Philip Vandevoorde

Director

Active

Ended mandates

MICHELINE VANTHUYNE

Director · since 03 janvier 2020

Ended
MICHELINE VANTHUYNE

Manager

Ended
Philip Vandevoorde

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/03/202618/03/202514/03/202430/03/202315/03/202211/03/2021
General meeting06/03/202607/03/202501/03/202416/03/202304/03/202205/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202506/03/202620/03/2026DutchPDF
Micro model30/09/202407/03/202518/03/2025DutchPDF
Micro model30/09/202301/03/202414/03/2024DutchPDF
Micro model30/09/202216/03/202330/03/2023DutchPDF
Micro model30/09/202104/03/202215/03/2022DutchPDF
Micro model30/09/202005/03/202111/03/2021DutchPDF
Micro model30/09/201906/03/202017/03/2020DutchPDF
Micro model30/09/201801/03/201911/03/2019DutchPDF
Micro model30/09/201702/03/201824/04/2018DutchPDF
Abridged model30/09/201603/03/201709/03/2017DutchPDF
Abridged model30/09/201504/03/201631/03/2016DutchPDF
Abridged model30/09/201406/03/201512/03/2015DutchPDF
Abridged model30/09/201307/03/201415/05/2014DutchPDF
Abridged model30/09/201210/12/201219/12/2012DutchPDF
Abridged model30/09/201102/03/201206/03/2012DutchPDF
Abridged model30/09/201004/03/201108/03/2011DutchPDF
Abridged model30/09/200905/03/201010/03/2010DutchPDF
Abridged model31/12/200727/06/200830/06/2008DutchPDF
Abridged model31/12/200629/06/200712/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 2 active · 3 ended

Active mandates

MICHELINE VANTHUYNE

Director

Active
Philip Vandevoorde

Director

Active

Ended mandates

MICHELINE VANTHUYNE

Director · since 03 janvier 2020

Ended
MICHELINE VANTHUYNE

Manager

Ended
Philip Vandevoorde

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/01/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office04/03/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares14/10/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other21/01/2009
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares28/07/2005
    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

Timeline

  1. 2025
    Annual accounts 202523,7 k €
  2. 2024
    Annual accounts 20248,5 k €
  3. 2023
    Annual accounts 202324 k €
  4. 2022
    Annual accounts 2022-25,8 k €
  5. 2021
    Annual accounts 202135,8 k €
  6. 2020
    Annual accounts 2020-2,3 k €
  7. 2019
    Annual accounts 201944,9 k €
  8. 2018
    Annual accounts 20186 k €
  9. 2017
    Annual accounts 201752,5 k €
  10. 2016
    Annual accounts 201657,7 k €
  11. 2015
    Annual accounts 201514,4 k €
  12. 2014
    Annual accounts 201458,6 k €
  13. 2013
    Annual accounts 201399,1 k €
  14. 2012
    Annual accounts 2012152,9 k €
  15. 2011
    Annual accounts 2011119,9 k €
  16. 2010
    Annual accounts 201048,1 k €
  17. 2009
    Annual accounts 2009254,6 k €
  18. 2007
    Annual accounts 200750,8 k €
  19. 2006
    Annual accounts 200660,9 k €
  20. 07/12/1998
    IncorporationPrivate company with limited liability