ACTIVE

VANDEKERKHOF

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Financial year 2025 · closed on 31/12/2025

Net result

29,5 k €

+97.4% YoY

Gross margin

1,2 M €

-1.4% YoY

Equity

999,8 k €

+3.0% YoY

Workforce

16,8 ETP

-4.5% YoY

What does VANDEKERKHOF do?

VANDEKERKHOF is a Public limited company incorporated in 1999. Its main activity is: Construction of buildings. Its registered office is in Bocholt. It employs on average 16,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.510.711

Incorporation

09/07/1999

Legal form

Public limited company

Registered office

Goolderheideweg 25
3950 Bocholt · FlandreSee on map

Contributed capital

366 882,42 €

Latest accounts

31/12/2025

Average workforce

16,8 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 41003Construction of buildings 41203Construction of residential and non-residential buildings 43320Joinery installation+7

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	1,2 M €	-1.4%	1,2 M €	+14.5%	1,1 M €	+6.2%	999,8 k €	+7.4%	930,7 k €	-19.0%	1,1 M €	+2.2%	1,1 M €	+7.4%	1 M €	+10.5%	947,4 k €	+1.4%	934 k €	-5.2%	985,4 k €	+2.9%	958 k €	+5.9%	905,1 k €	-4.2%	944,8 k €	+0.1%	943,6 k €	+41.3%	667,8 k €	+3.3%	646,3 k €	-25.6%	868,1 k €	-23.0%	1,1 M €	+6.2%	1,1 M €
EBITDA	213,6 k €	-4.3%	223,2 k €	+8.1%	206,4 k €	-14.6%	241,8 k €	+86.0%	130 k €	-52.9%	275,8 k €	+19.6%	230,6 k €	+45.7%	158,2 k €	+30.1%	121,6 k €	-9.0%	133,6 k €	-4.5%	139,9 k €	-22.9%	181,5 k €	+12.2%	161,7 k €	+0.1%	161,6 k €	-2.2%	165,2 k €	+14.3%	144,5 k €	-5.6%	153,1 k €	-14.5%	179,1 k €	+22.6%	146,1 k €	-3.0%	150,7 k €
Operating result	106,2 k €	-14.1%	123,7 k €	+9.5%	112,9 k €	-26.5%	153,7 k €	+190%	53 k €	-72.6%	193,8 k €	+39.6%	138,8 k €	+145%	56,7 k €	+226%	17,4 k €	-44.4%	31,3 k €	-30.4%	45 k €	-25.4%	60,2 k €	-6.8%	64,7 k €	-23.8%	84,9 k €	-2.2%	86,8 k €	+18.6%	73,2 k €	-7.2%	78,9 k €	-20.0%	98,6 k €	+55.4%	63,4 k €	+2.7%	61,7 k €
Net result	29,5 k €	+97.4%	15 k €	-71.9%	53,3 k €	-49.6%	105,7 k €	+345%	23,8 k €	-80.9%	124,6 k €	+24.8%	99,9 k €	+127%	44 k €	+56.3%	28,1 k €	-5.7%	29,8 k €	-13.3%	34,4 k €	-5.3%	36,4 k €	-9.6%	40,2 k €	-18.3%	49,2 k €	+20.4%	40,9 k €	+14.3%	35,8 k €	+34.6%	26,6 k €	+7.4%	24,7 k €	+723%	3 k €	-86.6%	22,4 k €
Balance sheet
Equity	999,8 k €	+3.0%	970,3 k €	+1.6%	955,3 k €	+5.9%	902 k €	+2.2%	882,3 k €	-6.8%	947,1 k €	+3.9%	911,1 k €	-10.2%	1 M €	+4.5%	970,2 k €	+3.0%	942 k €	+3.3%	912,2 k €	+3.9%	877,8 k €	+20.7%	727,1 k €	-10.7%	813,9 k €	+6.4%	764,7 k €	+5.6%	723,8 k €	+5.2%	688 k €	+4.0%	661,5 k €	+3.9%	636,7 k €	+0.5%	633,7 k €
Total assets	3,4 M €	+2.0%	3,4 M €	+5.8%	3,2 M €	+3.8%	3,1 M €	+16.3%	2,6 M €	-19.0%	3,3 M €	+0.4%	3,3 M €	-8.6%	3,6 M €	+34.0%	2,7 M €	-1.4%	2,7 M €	+12.3%	2,4 M €	-10.4%	2,7 M €	+4.1%	2,6 M €	+0.5%	2,6 M €	+2.3%	2,5 M €	+37.3%	1,8 M €	+1.9%	1,8 M €	-11.8%	2 M €	+20.3%	1,7 M €	-20.2%	2,1 M €
Cash	94,7 k €	-63.6%	260,6 k €	+24.0%	210,1 k €	-39.6%	347,6 k €	+569%	52 k €	-89.2%	479,3 k €	+4.2%	460,1 k €	+1732%	25,1 k €	-87.2%	196 k €	+4.0%	188,5 k €	-20.0%	235,5 k €	+32.1%	178,3 k €	+433%	33,5 k €	+18.2%	28,3 k €	-91.1%	319,6 k €		–		49,7 €		–		–		–
Debts	2,4 M €	+1.5%	2,4 M €	+7.6%	2,2 M €	+2.9%	2,2 M €	+23.3%	1,8 M €	-24.0%	2,3 M €	-1.0%	2,3 M €	-8.0%	2,6 M €	+50.9%	1,7 M €	-3.7%	1,8 M €	+17.8%	1,5 M €	-17.4%	1,8 M €	-2.5%	1,9 M €	+5.6%	1,8 M €	+0.6%	1,7 M €	+58.0%	1,1 M €	-0.1%	1,1 M €	-19.4%	1,4 M €	+30.2%	1,1 M €	-29.1%	1,5 M €
Other
Workforce	16,8 ETP	-4.5%	17,6 ETP	-1.7%	17,9 ETP	-1.6%	18,2 ETP	+4.0%	17,5 ETP	-11.6%	19,8 ETP	+3.1%	19,2 ETP	+0.5%	19,1 ETP	-4.0%	19,9 ETP	-1.0%	20,1 ETP	0.0%	20,1 ETP	+14.9%	17,5 ETP	+4.2%	16,8 ETP	-7.2%	18,1 ETP	+1.7%	17,8 ETP	+21.9%	14,6 ETP	+17.7%	12,4 ETP	-17.3%	15,0 ETP	-6.8%	16,1 ETP	-12.5%	18,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Johan Vandekerkhof

Managing director · since 15 juin 2023

Active

Luc Vandekerkhof

Managing director · since 15 juin 2023

Active

Ended mandates

JACOBUS VANDEKERKHOF

Director · since 16 juin 2017 · until 15 juin 2023

Ended

JOHAN VANDEKERKHOF

Managing director · since 16 juin 2017 · until 15 juin 2023

Ended

LUC VANDEKERKHOF

Managing director · since 16 juin 2017 · until 15 juin 2023

Ended

JACOBUS VANDEKERKHOF

Director · since 17 juin 2011 · until 16 juin 2017

Ended

At this address

Other companies at this address

Company	CBE no.
Lera Construct● Active	0463.093.539
THV Vandekerkhof - Bouwonderneming Lamers● Active	0786.286.849
THV Vandekerkhof-Haex● Active	0733.929.417
THV Vandekerkhof - I.B. Projects● Active	1033.370.692

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	28/07/2026	27/08/2025	25/07/2024	28/07/2023	25/08/2022	12/08/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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	19/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	27/08/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	25/08/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	12/08/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	23/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	16/08/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	20/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	29/09/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 9 ended

Active mandates

Johan Vandekerkhof

Managing director · since 15 juin 2023

Active

Luc Vandekerkhof

Managing director · since 15 juin 2023

Active

Ended mandates

JACOBUS VANDEKERKHOF

Director · since 16 juin 2017 · until 15 juin 2023

Ended

JOHAN VANDEKERKHOF

Managing director · since 16 juin 2017 · until 15 juin 2023

Ended

LUC VANDEKERKHOF

Managing director · since 16 juin 2017 · until 15 juin 2023

Ended

JACOBUS VANDEKERKHOF

Director · since 17 juin 2011 · until 16 juin 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares26/09/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates03/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/04/2014
KAPITAAL - AANDELEN
PDF
Mandates27/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2005
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 202529,5 k €↑
2024
Annual accounts 202415 k €↓
2023
Annual accounts 202353,3 k €↓
2022
Annual accounts 2022105,7 k €↑
2021
Annual accounts 202123,8 k €↓
2020
Annual accounts 2020124,6 k €↑
2019
Annual accounts 201999,9 k €↑
2018
Annual accounts 201844 k €↑
2017
Annual accounts 201728,1 k €↓
2016
Annual accounts 201629,8 k €↓
2015
Annual accounts 201534,4 k €↓
2014
Annual accounts 201436,4 k €↓
2013
Annual accounts 201340,2 k €↓
2012
Annual accounts 201249,2 k €↑
2011
Annual accounts 201140,9 k €↑
2010
Annual accounts 201035,8 k €↑
2009
Annual accounts 200926,6 k €↑
2008
Annual accounts 200824,7 k €↑
2007
Annual accounts 20073 k €↓
2006
Annual accounts 200622,4 k €
09/07/1999
IncorporationPublic 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

VANDEKERKHOF

Overview

What does VANDEKERKHOF 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