ACTIVE

VL TECHNICS

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
621,7 k €
-24.6% YoY
Gross margin
2,3 M €
-6.8% YoY
Equity
1,5 M €
-52.1% YoY
Workforce
18,4 ETP
+8.2% YoY

What does VL TECHNICS do?

VL TECHNICS is a Private limited company incorporated in 2001. Its main activity is: Manufacture of electricity distribution and control apparatus. Its registered office is in Waregem. It employs on average 18,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0473.864.596
Incorporation
17/01/2001
Legal form
Private limited company
Registered office
Groenbek 56
8790 Waregem · FlandreSee on map
Contributed capital
276 600,00 €
Latest accounts
31/12/2025
Average workforce
18,4 ETP
Activities (NACE)
27120Manufacture of electricity distribution and control apparatus· main27120Manufacture of electricity distribution and control apparatus31200Manufacture of furniture71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy74203Photographic activities
Joint committees (4)
  • 14901
  • 1491
  • 200
  • 218
Contacts
3 public details availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092007
Income statement
Gross margin2,3 M €2,5 M €2,9 M €1,9 M €1,6 M €1,6 M €1,2 M €1,5 M €1,5 M €991,9 k €955 k €1,1 M €995,7 k €775,4 k €844,6 k €540,7 k €
EBITDA867,3 k €1,1 M €1,6 M €804,2 k €573,9 k €580,8 k €231,4 k €508 k €674,3 k €305,2 k €294,1 k €531,5 k €471,7 k €253,6 k €358,7 k €199,2 k €
Operating result849,1 k €1,1 M €1,5 M €769,4 k €467,9 k €457,9 k €108,9 k €370,9 k €516,3 k €240,3 k €220,7 k €453,6 k €387,3 k €196,5 k €293,7 k €130 k €
Net result621,7 k €824,4 k €1,1 M €568,6 k €361,1 k €342,2 k €79,1 k €274,7 k €338,9 k €168,8 k €148,5 k €306,1 k €252,2 k €122,9 k €182,6 k €91,5 k €
Balance sheet
Equity1,5 M €3,2 M €3,3 M €3,3 M €3,3 M €2,2 M €1,9 M €1,8 M €1,5 M €1,2 M €1 M €976,1 k €670 k €617,8 k €494,8 k €286,4 k €
Total assets5,8 M €6,8 M €6,1 M €5,2 M €4,6 M €3,7 M €3,2 M €3,2 M €2,8 M €2,3 M €2 M €2,2 M €1,9 M €1,5 M €1,6 M €895 k €
Cash3,3 M €3,1 M €1,6 M €1,8 M €1,7 M €1,6 M €702,1 k €949,8 k €905,5 k €520,1 k €709 k €707,7 k €437,6 k €346,1 k €522,9 k €81,8 k €
Debts4,2 M €3,5 M €2,8 M €2 M €1,3 M €1,5 M €1,2 M €1,3 M €1,2 M €1,1 M €887,2 k €1,2 M €1,2 M €873,3 k €1 M €558,8 k €
Other
Workforce18,4 ETP17,0 ETP16,8 ETP15,9 ETP15,6 ETP16,7 ETP17,5 ETP16,1 ETP13,6 ETP11,6 ETP11,6 ETP10,3 ETP9,9 ETP10,3 ETP9,1 ETP7,5 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 31/12/2025 · 2 active · 11 ended

Active mandates

GESS

Director · since 08 juin 2022 · 0786.357.422

Represented by Frederick Flamand

Active
VL INVEST

Director · since 08 juin 2022 · 0786.832.821

Represented by Stefaan Vanryssel

Active

Ended mandates

GESS

Director · since 08 juin 2022 · 0786.357.422

Represented by Frederick Flamand

Ended
VL INVEST

Director · since 08 juin 2022 · 0786.832.821

Represented by Stefaan Vanryssel

Ended
VL INVEST

Director · since 08 juin 2022 · 0786.832.821

Represented by Stefaan Vanryssel

Ended
VABO PROJECTS

Director · since 01 janvier 2012 · 0842.094.216

Represented by Stefaan Vanryssel

Ended
At this address

Other companies at this address

CompanyCBE no.
VABO TECHNICS● Active
0642.817.911
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202603/07/202504/07/202405/06/202317/06/202207/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202325/05/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202602/07/2026DutchPDF
Abridged model31/12/202406/06/202503/07/2025DutchPDF
Abridged model31/12/202307/06/202404/07/2024DutchPDF
Abridged model31/12/202202/06/202305/06/2023DutchPDF
Abridged model31/12/202125/05/202217/06/2022DutchPDF
Abridged model31/12/202004/06/202107/06/2021DutchPDF
Abridged model31/12/201928/05/202009/06/2020DutchPDF
Abridged model31/12/201812/04/201907/05/2019DutchPDF
Abridged model31/12/201730/06/201806/07/2018DutchPDF
Abridged model31/12/201630/06/201712/07/2017DutchPDF
Abridged model31/12/201503/06/201620/06/2016DutchPDF
Abridged model31/12/201405/06/201503/07/2015DutchPDF
Abridged model31/12/201306/06/201427/06/2014DutchPDF
Abridged model31/12/201207/06/201305/07/2013DutchPDF
Abridged model31/12/201101/06/201212/07/2012DutchPDF
Abridged model31/12/201003/06/201117/06/2011DutchPDF
Abridged model31/12/200930/06/201019/07/2010DutchPDF
Abridged model31/12/200830/06/200919/08/2009DutchPDF
Abridged model30/06/200731/10/200703/12/2007DutchPDF
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 31/12/2025 · 2 active · 11 ended

Active mandates

GESS

Director · since 08 juin 2022 · 0786.357.422

Represented by Frederick Flamand

Active
VL INVEST

Director · since 08 juin 2022 · 0786.832.821

Represented by Stefaan Vanryssel

Active

Ended mandates

GESS

Director · since 08 juin 2022 · 0786.357.422

Represented by Frederick Flamand

Ended
VL INVEST

Director · since 08 juin 2022 · 0786.832.821

Represented by Stefaan Vanryssel

Ended
VL INVEST

Director · since 08 juin 2022 · 0786.832.821

Represented by Stefaan Vanryssel

Ended
VABO PROJECTS

Director · since 01 janvier 2012 · 0842.094.216

Represented by Stefaan Vanryssel

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/06/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates25/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - DOEL
    PDF
  • Registered office24/03/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares10/12/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/01/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2009
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2008
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    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 2025621,7 k €↓
  2. 2024
    Annual accounts 2024824,4 k €↓
  3. 2023
    Annual accounts 20231,1 M €↑
  4. 2022
    Annual accounts 2022568,6 k €↑
  5. 2021
    Annual accounts 2021361,1 k €↑
  6. 2018
    Annual accounts 2018342,2 k €↑
  7. 2017
    Annual accounts 201779,1 k €↓
  8. 2016
    Annual accounts 2016274,7 k €↓
  9. 2015
    Annual accounts 2015338,9 k €↑
  10. 2014
    Annual accounts 2014168,8 k €↑
  11. 2013
    Annual accounts 2013148,5 k €↓
  12. 2012
    Annual accounts 2012306,1 k €↑
  13. 2011
    Annual accounts 2011252,2 k €↑
  14. 2010
    Annual accounts 2010122,9 k €↓
  15. 2009
    Annual accounts 2009182,6 k €↑
  16. 2007
    Annual accounts 200791,5 k €
  17. 17/01/2001
    IncorporationPrivate limited company