ACTIVE

VANASSCHE SERVICES

Financial year 2025 · closed on 30/06/2025
Net result
327,3 k €
-58.2% YoY
Gross margin
1,9 M €
-42.1% YoY
Equity
3,6 M €
+10.2% YoY
Workforce
17,4 ETP
-7.0% YoY

What does VANASSCHE SERVICES do?

VANASSCHE SERVICES is a Public limited company incorporated in 2000. Its registered office is in Harelbeke. It employs on average 17,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.397.315
Incorporation
01/12/2000
Legal form
Public limited company
Registered office
Brugsestraat 153
8531 Harelbeke · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Average workforce
17,4 ETP
Joint committees (4)
  • 149
  • 14902
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202220212020201920182017201620152014201320122010200920082007
Income statement
Gross margin1,9 M €3,3 M €1,9 M €1,5 M €2 M €2 M €2,5 M €1,8 M €1,4 M €1,3 M €1,2 M €
EBITDA653,9 k €1,1 M €780,7 k €411,2 k €289,2 k €372,4 k €280,7 k €325,4 k €313,9 k €488,8 k €738 k €670,9 k €1,2 M €838,2 k €460,7 k €347,4 k €406 k €
Operating result439,2 k €1,1 M €739,1 k €356,1 k €238 k €307,2 k €180,5 k €212,1 k €194,7 k €366,8 k €614,1 k €519,8 k €1,1 M €755,3 k €364,7 k €259,7 k €316,3 k €
Net result327,3 k €782,2 k €547,2 k €265,6 k €164,1 k €219,9 k €121,3 k €162,2 k €148,9 k €246,8 k €422 k €364,7 k €695,9 k €490,6 k €206,8 k €135,5 k €177,1 k €
Balance sheet
Equity3,6 M €3,2 M €3 M €3 M €3,3 M €3,2 M €3,5 M €3,3 M €3,2 M €3,1 M €2,8 M €2,4 M €2,1 M €1,3 M €859,3 k €652,5 k €517 k €
Total assets4 M €3,8 M €3,8 M €3,7 M €4 M €4 M €4,1 M €3,9 M €3,8 M €4,1 M €4,2 M €4,2 M €4,8 M €3 M €2,6 M €2,4 M €2,7 M €
Cash852,4 k €725,4 k €868,8 k €1,1 M €1 M €1,5 M €1,5 M €1,3 M €602,3 k €734 k €685,2 k €1,1 M €1,3 M €990,3 k €880,8 k €721,4 k €386,7 k €
Debts442,3 k €538,1 k €723,6 k €701,7 k €626,1 k €870,4 k €589,3 k €555,4 k €581,8 k €1 M €1,4 M €1,5 M €2,7 M €1,7 M €1,7 M €1,8 M €2,2 M €
Other
Workforce17,4 ETP18,7 ETP17,9 ETP19,2 ETP18,6 ETP20,9 ETP20,2 ETP17,5 ETP18,6 ETP19,7 ETP20,8 ETP22,8 ETP23,5 ETP16,7 ETP16,6 ETP16,6 ETP14,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 20 ended

Active mandates

Jan Vanassche

Managing director

Active
Kurt Vanassche

Managing director

Active

Ended mandates

Jan Vanassche

Managing director · since 10 août 2020 · until 10 août 2025

Ended
Kurt Vanassche

Managing director · since 10 août 2020 · until 10 août 2025

Ended
Jan Vanassche

Director · since 15 janvier 2017 · until 15 janvier 2023

Ended
Jan Vanassche

Managing director · since 15 janvier 2017 · until 15 janvier 2023

Ended
Annual accounts

Full financial information

202520242022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/07/202401/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year30/06/202530/06/202430/09/202230/09/202130/09/202030/09/2019
Length of the financial year12 months21 months12 months12 months12 months12 months
Filing date08/01/202620/12/202429/04/202321/03/202219/03/202110/03/2020
General meeting19/12/202529/11/202415/03/202317/03/202218/03/202107/02/2020
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
Abridged model30/06/202519/12/202508/01/2026DutchPDF
Abridged model30/06/202429/11/202420/12/2024DutchPDF
Abridged model30/09/202215/03/202329/04/2023DutchPDF
Abridged model30/09/202117/03/202221/03/2022DutchPDF
Full model30/09/202018/03/202119/03/2021DutchPDF
Full model30/09/201907/02/202010/03/2020DutchPDF
Full model30/09/201831/01/201925/02/2019DutchPDF
Full model30/09/201731/01/201828/02/2018DutchPDF
Full model30/09/201615/01/201710/02/2017DutchPDF
Full model30/09/201515/01/201626/01/2016DutchPDF
Abridged model30/09/201415/01/201517/02/2015DutchPDF
Abridged model30/09/201314/01/201428/01/2014DutchPDF
Abridged model30/09/201215/01/201322/01/2013DutchPDF
Abridged model30/09/201129/04/201230/05/2012DutchPDF
Abridged model30/09/201017/03/201115/06/2011DutchPDF
Abridged model30/09/200918/03/201031/05/2010DutchPDF
Abridged model30/09/200802/01/200930/04/2009DutchPDF
Abridged model30/09/200720/03/200829/05/2008DutchPDF
Abridged model30/09/200615/03/200730/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 2 active · 20 ended

Active mandates

Jan Vanassche

Managing director

Active
Kurt Vanassche

Managing director

Active

Ended mandates

Jan Vanassche

Managing director · since 10 août 2020 · until 10 août 2025

Ended
Kurt Vanassche

Managing director · since 10 août 2020 · until 10 août 2025

Ended
Jan Vanassche

Director · since 15 janvier 2017 · until 15 janvier 2023

Ended
Jan Vanassche

Managing director · since 15 janvier 2017 · until 15 janvier 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/10/2023
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates12/05/2023
    DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates10/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2010
    DOEL - ONTSLAGEN - BENOEMINGEN - 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 2025327,3 k €
  2. 2024
    Annual accounts 2024782,2 k €
  3. 2022
    Annual accounts 2022547,2 k €
  4. 2021
    Annual accounts 2021265,6 k €
  5. 2020
    Annual accounts 2020164,1 k €
  6. 2019
    Annual accounts 2019219,9 k €
  7. 2018
    Annual accounts 2018121,3 k €
  8. 2017
    Annual accounts 2017162,2 k €
  9. 2016
    Annual accounts 2016148,9 k €
  10. 2015
    Annual accounts 2015246,8 k €
  11. 2014
    Annual accounts 2014422 k €
  12. 2013
    Annual accounts 2013364,7 k €
  13. 2012
    Annual accounts 2012695,9 k €
  14. 2010
    Annual accounts 2010490,6 k €
  15. 2009
    Annual accounts 2009206,8 k €
  16. 2008
    Annual accounts 2008135,5 k €
  17. 2007
    Annual accounts 2007177,1 k €
  18. 01/12/2000
    IncorporationPublic limited company