ACTIVE

VANGUARD DECISION

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Financial year 2025 · closed on 30/09/2025

Net result

72,5 k €

+2288.2% YoY

Gross margin

41,1 k €

+585.8% YoY

Equity

114,8 k €

+171.6% YoY

What does VANGUARD DECISION do?

VANGUARD DECISION is a Private limited company incorporated in 2000. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Machelen (Brab.).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.397.522

Incorporation

14/07/2000

Legal form

Private limited company

Registered office

De Kleetlaan 5BC
1831 Machelen (Brab.) · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

30/09/2025

Activities (NACE)

47400Retail sale of information and communication equipment in specialised stores· main 47410Retail sale of computers, peripheral units and software in specialised stores 62010Computer programming activities 62020Computer consultancy activities 62090Other information technology and computer service activities 62100Computer programming, consultancy and related activities+6

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	41,1 k €	+586%	6 k €	-92.5%	80,3 k €	+53.8%	52,2 k €	-34.6%	79,8 k €	+645%	10,7 k €	-73.7%	40,8 k €	-13.5%	47,2 k €	+3.9%	45,4 k €	-2.1%	46,4 k €	-3.1%	47,9 k €	-49.2%	94,2 k €	+2418%	-4,1 k €	-106%	64,7 k €	+278%	17,1 k €	+125%	-68,2 k €	-213%	60,3 k €	+1495%	-4,3 k €	-108%	55,3 k €
EBITDA	40,3 k €	+1258264%	-3,2 €	-100%	77,4 k €	+81.0%	42,8 k €	+75.0%	24,4 k €	+495%	4,1 k €	-84.0%	25,7 k €	-27.0%	35,2 k €	+2.9%	34,2 k €	-25.7%	46,1 k €	-2.9%	47,5 k €	-49.3%	93,6 k €	+1664%	-6 k €	-110%	62,8 k €	+298%	15,8 k €	+122%	-73,1 k €	-225%	58,7 k €	+1101%	-5,9 k €	-112%	48,5 k €
Operating result	-20,3 k €	-872%	-2,1 k €	-66.6%	-1,3 k €	-114%	9,1 k €	-39.0%	14,9 k €	+140%	-36,9 k €	-351%	14,7 k €	-36.7%	23,2 k €	-0.0%	23,2 k €	-39.4%	38,3 k €	-9.9%	42,5 k €	-52.6%	89,7 k €	+1062%	-9,3 k €	-116%	58,8 k €	+458%	10,5 k €	+113%	-80,9 k €	-264%	49,4 k €	+407%	-16,1 k €	-140%	39,8 k €
Net result	72,5 k €	+2288%	-3,3 k €	+52.9%	-7 k €	-335%	3 k €	-63.9%	8,3 k €	+118%	-47,1 k €	-1764%	2,8 k €	-74.2%	11 k €	-27.4%	15,1 k €	+10.0%	13,7 k €	-27.5%	18,9 k €	-67.6%	58,5 k €	+385%	-20,5 k €	-145%	45,8 k €	+641%	-8,5 k €	+90.9%	-93,3 k €	-461%	25,9 k €	+239%	-18,6 k €	-599%	-2,7 k €
Balance sheet
Equity	114,8 k €	+172%	42,3 k €	-7.3%	45,6 k €	-13.4%	52,6 k €	+6.0%	49,6 k €	+20.0%	41,3 k €	-53.3%	88,5 k €	+3.3%	85,7 k €	+14.7%	74,7 k €	+25.4%	59,6 k €	+30.0%	45,8 k €	+70.5%	26,9 k €	+185%	-31,6 k €	-184%	-11,1 k €	+80.5%	-56,9 k €	-17.5%	-48,4 k €	-208%	44,9 k €	+136%	19,1 k €	-49.4%	37,7 k €
Total assets	519,2 k €	+53.1%	339,2 k €	+28.5%	264,1 k €	+11.7%	236,4 k €	+9.8%	215,4 k €	+9.0%	197,6 k €	+14.9%	171,9 k €	-24.9%	228,8 k €	+9.4%	209 k €	+3.7%	201,6 k €	+10.7%	182,1 k €	-9.1%	200,2 k €	+33.0%	150,6 k €	+12.0%	134,5 k €	-11.9%	152,6 k €	+6.8%	142,9 k €	+40.6%	101,6 k €	+1.0%	100,6 k €	+3.7%	97 k €
Cash	819 €	+26.2%	649,1 €	-31.0%	941 €	+2820%	32,2 €	-50.3%	64,9 €	-99.5%	13,4 k €	+2218%	578,1 €	-65.3%	1,7 k €	+323%	394,5 €	-99.0%	38,9 k €	+5206%	733 €	+497%	122,7 €	-89.2%	1,1 k €	+72.2%	660,6 €	+196%	223,5 €	-17.4%	270,5 €	-99.6%	74,6 k €	+1425%	4,9 k €	-45.1%	8,9 k €
Debts	157,3 k €	+0.3%	156,7 k €	+99.7%	78,5 k €	-31.0%	113,8 k €	-9.5%	125,8 k €	-19.5%	156,2 k €	+87.3%	83,4 k €	-41.7%	143,1 k €	+6.5%	134,4 k €	-5.4%	142,1 k €	+4.3%	136,3 k €	-21.1%	172,8 k €	-5.1%	182,1 k €	+25.1%	145,6 k €	-30.5%	209,5 k €	+9.5%	191,3 k €	+237%	56,7 k €	-30.4%	81,5 k €	+37.4%	59,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

DANY DONNEN

Administrator - manager

Active

Ended mandates

Dany Donnen

Manager

Ended

DANY DONNEN

Mandate

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/04/2026	02/04/2025	04/04/2024	28/03/2023	29/03/2022	31/03/2021
General meeting	31/03/2026	31/03/2025	28/03/2024	27/03/2023	24/03/2022	29/03/2021
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
Micro model	30/09/2025	31/03/2026	01/04/2026	Dutch	PDF
Micro model	30/09/2024	31/03/2025	02/04/2025	Dutch	PDF
Micro model	30/09/2023	28/03/2024	04/04/2024	Dutch	PDF
Micro model	30/09/2022	27/03/2023	28/03/2023	French	PDF
Micro model	30/09/2021	24/03/2022	29/03/2022	French	PDF
Micro model	30/09/2020	29/03/2021	31/03/2021	French	PDF
Micro model	30/09/2019	28/04/2020	30/04/2020	French	PDF
Micro model	30/09/2018	29/03/2019	08/05/2019	French	PDF
Micro model	30/09/2017	30/03/2018	30/03/2018	French	PDF
Abridged model	30/09/2016	30/03/2017	31/03/2017	French	PDF
Abridged model	30/09/2015	28/04/2016	29/04/2016	French	PDF
Abridged model	30/09/2014	31/03/2015	31/03/2015	French	PDF
Abridged model	30/09/2013	30/04/2014	30/04/2014	French	PDF
Abridged model	30/09/2012	29/04/2013	13/05/2013	French	PDF
Abridged model	30/09/2011	24/04/2012	26/04/2012	French	PDF
Abridged model	30/09/2010	25/03/2011	06/04/2011	Dutch	PDF
Abridged model	30/09/2009	25/01/2010	26/01/2010	French	PDF
Abridged model	30/09/2008	24/04/2009	13/05/2009	French	PDF
Abridged model	30/09/2007	06/12/2007	10/12/2007	French	PDF
Abridged model	30/09/2006	23/03/2007	26/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 1 active · 2 ended

Active mandates

DANY DONNEN

Administrator - manager

Active

Ended mandates

Dany Donnen

Manager

Ended

DANY DONNEN

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office26/01/2026
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring26/08/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/07/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other27/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office20/09/2023
SIEGE SOCIAL
PDF
Registered office31/03/2021
SIEGE SOCIAL
PDF
Registered office30/06/2020
SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
PDF
Registered office30/09/2011
MAATSCHAPPELIJKE ZETEL
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 202572,5 k €↑
2024
Annual accounts 2024-3,3 k €↑
2023
Annual accounts 2023-7 k €↓
2022
Annual accounts 20223 k €↓
2021
Annual accounts 20218,3 k €↑
2020
Annual accounts 2020-47,1 k €↓
2019
Annual accounts 20192,8 k €↓
2018
Annual accounts 201811 k €↓
2017
Annual accounts 201715,1 k €↑
2016
Annual accounts 201613,7 k €↓
2015
Annual accounts 201518,9 k €↓
2014
Annual accounts 201458,5 k €↑
2013
Annual accounts 2013-20,5 k €↓
2012
Annual accounts 201245,8 k €↑
2011
Annual accounts 2011-8,5 k €↑
2010
Annual accounts 2010-93,3 k €↓
2009
Annual accounts 200925,9 k €↑
2008
Annual accounts 2008-18,6 k €↓
2007
Annual accounts 2007-2,7 k €
14/07/2000
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

VANGUARD DECISION

Overview

What does VANGUARD DECISION do?

Trend over 19 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