ACTIVE

VADISOL

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Financial year 2025 · closed on 31/12/2025

Net result

55 k €

-24.6% YoY

Gross margin

752,3 k €

+3.1% YoY

Equity

998,8 k €

+5.8% YoY

Workforce

8,2 ETP

+6.5% YoY

What does VADISOL do?

VADISOL is a Private limited company incorporated in 1999. Its registered office is in Turnhout. It employs on average 8,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.426.190

Incorporation

10/02/1999

Legal form

Private limited company

Registered office

Everdongenlaan 7 box b
2300 Turnhout · FlandreSee on map

Contributed capital

24 789,35 €

Latest accounts

31/12/2025

Average workforce

8,2 ETP

Joint committees (2)

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	752,3 k €	+3.1%	729,8 k €	+3.2%	706,8 k €	-12.3%	805,5 k €	+12.2%	718,1 k €	+17.5%	611,3 k €	+7.6%	568,3 k €	+64.8%	344,8 k €	+84.3%	187,1 k €	+30.3%	143,7 k €	-26.9%	196,5 k €	-3.1%	202,9 k €	-17.7%	246,7 k €	-32.4%	364,7 k €	+102%	180,6 k €	-35.9%	281,7 k €	+23.5%	228,2 k €	-18.9%	281,4 k €	-5.1%	296,4 k €	+58.6%	186,9 k €
EBITDA	216,5 k €	-4.5%	226,7 k €	+13.1%	200,6 k €	-38.2%	324,7 k €	-0.4%	325,9 k €	+19.2%	273,5 k €	+24.6%	219,5 k €	+59.7%	137,4 k €	+98.8%	69,1 k €	+302%	17,2 k €	-63.1%	46,6 k €	-45.7%	85,8 k €	+55.4%	55,2 k €	-50.1%	110,7 k €	+195%	-117 k €	-253%	76,4 k €	+122%	34,3 k €	-28.9%	48,2 k €	+18.7%	40,6 k €	+59.7%	25,4 k €
Operating result	90,9 k €	-2.1%	92,8 k €	+0.8%	92,1 k €	-55.8%	208,3 k €	-14.0%	242,3 k €	+19.1%	203,4 k €	+47.4%	138 k €	+72.7%	79,9 k €	+213%	25,5 k €	+99.2%	12,8 k €	-7.4%	13,8 k €	-76.4%	58,6 k €	+249%	16,8 k €	-72.1%	60,2 k €	+139%	-155,4 k €	-484%	40,5 k €	+3708%	1,1 k €	-93.9%	17,5 k €	+28.3%	13,7 k €	-23.6%	17,9 k €
Net result	55 k €	-24.6%	72,9 k €	+1.3%	72 k €	-51.8%	149,3 k €	-21.8%	190,9 k €	+8.5%	176 k €	+31.9%	133,5 k €	+89.2%	70,5 k €	+186%	24,7 k €	+135%	10,5 k €	-68.4%	33,3 k €	-21.7%	42,5 k €	+34203%	123,9 €	-99.7%	41,3 k €	+124%	-170,4 k €	-801%	24,3 k €	+201%	-23,9 k €	-695%	4 k €	-74.7%	15,9 k €	+3.9%	15,3 k €
Balance sheet
Equity	998,8 k €	+5.8%	943,8 k €	+8.4%	871 k €	+9.0%	799 k €	+23.0%	649,7 k €	+41.6%	458,8 k €	+62.2%	282,8 k €	+89.4%	149,3 k €	+89.5%	78,8 k €	+45.7%	54,1 k €	+24.2%	43,6 k €	+324%	10,3 k €	+132%	-32,2 k €	+0.4%	-32,3 k €	+56.1%	-73,6 k €	-176%	96,7 k €	+33.5%	72,4 k €	-24.8%	96,4 k €	+4.4%	92,4 k €	+20.8%	76,5 k €
Total assets	1,8 M €	+0.5%	1,8 M €	-4.5%	1,9 M €	+0.3%	1,9 M €	-4.3%	2 M €	+51.0%	1,3 M €	+9.1%	1,2 M €	+16.8%	1 M €	+261%	280,7 k €	-2.6%	288,3 k €	+34.3%	214,7 k €	-49.7%	426,9 k €	-17.9%	520,1 k €	-11.3%	586,5 k €	-2.2%	599,5 k €	-13.2%	690,8 k €	+6.7%	647,5 k €	+1.2%	640,1 k €	-5.1%	674,1 k €	+153%	266,8 k €
Cash	212 k €	+36.4%	155,4 k €	+25.1%	124,2 k €	-25.7%	167,2 k €	-22.3%	215 k €	-33.4%	322,8 k €	-1.0%	326,1 k €	+120%	148,3 k €	+56.6%	94,7 k €	+111%	45 k €	+45.1%	31 k €	-14.4%	36,2 k €	+129%	15,8 k €	-51.8%	32,7 k €	-38.7%	53,4 k €	+275%	14,3 k €	+3.5%	13,8 k €	-59.6%	34,1 k €	+185%	12 k €	+114%	5,6 k €
Debts	799,5 k €	-5.5%	846,2 k €	-15.6%	1 M €	-0.9%	1 M €	-22.3%	1,3 M €	+56.2%	833,3 k €	-7.6%	901,6 k €	+4.3%	864,6 k €	+328%	201,9 k €	-13.8%	234,2 k €	+36.9%	171,1 k €	-58.9%	416,6 k €	-24.6%	552,3 k €	-10.7%	618,8 k €	-8.1%	673,1 k €	+13.3%	594,1 k €	+3.3%	575,1 k €	+5.8%	543,7 k €	-6.5%	581,8 k €	+206%	190,3 k €
Other
Workforce	8,2 ETP	+6.5%	7,7 ETP	-3.7%	8,0 ETP	-1.2%	8,1 ETP	+12.5%	7,2 ETP	+2.9%	7,0 ETP	+2.9%	6,8 ETP	+51.1%	4,5 ETP		–		–		3,8 ETP	+46.2%	2,6 ETP	-38.1%	4,2 ETP	-31.1%	6,1 ETP	0.0%	6,1 ETP	+32.6%	4,6 ETP	-4.2%	4,8 ETP	-20.0%	6,0 ETP	+9.1%	5,5 ETP	+37.5%	4,0 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 31/12/2025 · 1 active · 8 ended

Active mandates

Marc Haneveer

Director

Active

Ended mandates

Wim Praet

Manager · since 13 mars 2015

Ended

Marc Haneveer

Director · since 01 janvier 2010

Ended

Marc Haneveer

Manager · since 01 janvier 2010

Ended

LUC VAN DIJCK

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Intelligent Protection System● Active	0689.608.632
Meeus● Active	0822.007.395
Struyven Verwarming● Active	0503.941.427

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	22/06/2026	12/06/2025	08/07/2024	21/06/2023	13/07/2022	29/06/2021
General meeting	01/06/2026	01/06/2025	01/06/2024	01/06/2023	01/06/2022	01/06/2021
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	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	01/06/2025	12/06/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	13/07/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	11/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	04/06/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	07/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	02/06/2015	Dutch	PDF
Abridged model	31/12/2013	01/06/2014	05/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	13/09/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	01/06/2008	11/09/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	31/08/2007	Dutch	PDF

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 31/12/2025 · 1 active · 8 ended

Active mandates

Marc Haneveer

Director

Active

Ended mandates

Wim Praet

Manager · since 13 mars 2015

Ended

Marc Haneveer

Director · since 01 janvier 2010

Ended

Marc Haneveer

Manager · since 01 janvier 2010

Ended

LUC VAN DIJCK

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/01/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/03/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/11/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/01/2006
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 202555 k €↓
2024
Annual accounts 202472,9 k €↑
2023
Annual accounts 202372 k €↓
2022
Annual accounts 2022149,3 k €↓
2021
Annual accounts 2021190,9 k €↑
2020
Annual accounts 2020176 k €↑
2019
Annual accounts 2019133,5 k €↑
2018
Annual accounts 201870,5 k €↑
2017
Annual accounts 201724,7 k €↑
2016
Annual accounts 201610,5 k €↓
2015
Annual accounts 201533,3 k €↓
2014
Annual accounts 201442,5 k €↑
2013
Annual accounts 2013123,9 €↓
2012
Annual accounts 201241,3 k €↑
2011
Annual accounts 2011-170,4 k €↓
2010
Annual accounts 201024,3 k €↑
2009
Annual accounts 2009-23,9 k €↓
2008
Annual accounts 20084 k €↓
2007
Annual accounts 200715,9 k €↑
2006
Annual accounts 200615,3 k €
10/02/1999
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

VADISOL

Overview

What does VADISOL do?

Trend over 20 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