ACTIVE

VANDAELE CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

89,9 k €

+100.9% YoY

Gross margin

354 k €

-53.3% YoY

Equity

344,6 k €

+35.3% YoY

Workforce

3,1 ETP

-75.0% YoY

What does VANDAELE CONSTRUCT do?

VANDAELE CONSTRUCT is a Public limited company incorporated in 2001. Its main activity is: Construction of buildings. Its registered office is in Ieper. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.420.565

Incorporation

03/04/2001

Legal form

Public limited company

Registered office

Bargiestraat 34
8904 Ieper · FlandreSee on map

Contributed capital

362 000,00 €

Latest accounts

31/12/2025

Average workforce

3,1 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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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	354 k €	-53.3%	758,4 k €	+5.0%	722,4 k €	-6.6%	773,3 k €	-5.7%	820,3 k €	-3.2%	847,1 k €	-14.8%	994,6 k €	+7.6%	924,8 k €	-30.1%	1,3 M €	+43.4%	922,6 k €	-20.1%	1,2 M €	-12.2%	1,3 M €	-7.0%	1,4 M €	+3.2%	1,4 M €	-0.4%	1,4 M €	+31.3%	1 M €	-2.8%	1,1 M €	+48.8%	723,4 k €	+64.2%	440,7 k €
EBITDA	104,3 k €	-5.4%	110,2 k €	+97.2%	55,9 k €	+0.9%	55,4 k €	+5.8%	52,3 k €	-16.4%	62,6 k €	-57.9%	148,8 k €	+8.8%	136,7 k €	+212%	-122,1 k €	-288%	64,8 k €	-76.4%	275 k €	-2.5%	282,1 k €	-30.7%	407,3 k €	+14.8%	354,9 k €	-36.1%	555,3 k €	+30.3%	426,1 k €	-4.7%	447,2 k €	+63.1%	274,2 k €	+70.2%	161,2 k €
Operating result	103 k €	+30.1%	79,2 k €	+629%	10,9 k €	-10.8%	12,2 k €	-44.7%	22 k €	-11.7%	24,9 k €	-60.3%	62,9 k €	+23.4%	51 k €	+113%	-380,2 k €	-114%	-177,7 k €	-1195%	16,2 k €	-19.6%	20,2 k €	-84.0%	126,5 k €	+83.4%	69 k €	-59.3%	169,6 k €	-8.3%	185,1 k €	-21.1%	234,5 k €	+164%	88,7 k €	+45.6%	60,9 k €
Net result	89,9 k €	+101%	44,8 k €	+630%	-8,4 k €	-514%	2 k €	-58.8%	4,9 k €	+91.6%	2,6 k €	-94.0%	43,1 k €	+98.5%	21,7 k €	+105%	-433,2 k €	-117%	-199,7 k €	-666%	-26,1 k €	+25.2%	-34,9 k €	-181%	43 k €	+896%	4,3 k €	-94.0%	72,5 k €	-29.4%	102,7 k €	-16.5%	123,1 k €	+130%	53,5 k €	+50.7%	35,5 k €
Balance sheet
Equity	344,6 k €	+35.3%	254,7 k €	+21.3%	209,9 k €	-3.9%	218,4 k €	+0.9%	216,3 k €	+2.3%	211,4 k €	+1.2%	208,8 k €	+26.0%	165,7 k €	+15.1%	144 k €	-48.1%	277,2 k €	-41.9%	476,9 k €	-5.2%	503 k €	-6.5%	537,9 k €	+8.7%	494,8 k €	+0.9%	490,5 k €	+17.3%	418 k €	+29.4%	323 k €	+55.5%	207,7 k €	+30.9%	158,7 k €
Total assets	640,5 k €	-28.3%	893,7 k €	-12.7%	1 M €	+21.9%	839,6 k €	-33.3%	1,3 M €	+14.4%	1,1 M €	-23.7%	1,4 M €	+20.5%	1,2 M €	-14.9%	1,4 M €	-17.8%	1,7 M €	-11.9%	1,9 M €	-4.3%	2 M €	+0.8%	2 M €	-18.5%	2,5 M €	-5.3%	2,6 M €	+72.7%	1,5 M €	+3.1%	1,5 M €	-7.1%	1,6 M €	+134%	673 k €
Cash	194,6 k €	+129%	84,8 k €	+31.9%	64,3 k €	+5.2%	61,1 k €	+72.5%	35,4 k €	-22.3%	45,6 k €	-71.1%	157,6 k €	+1596%	9,3 k €	-87.8%	76,3 k €	+38.0%	55,3 k €	-18.1%	67,5 k €	+41.8%	47,6 k €	-29.9%	68 k €	-76.6%	291,1 k €	+169%	108,3 k €	+4.0%	104,1 k €	+98.6%	52,4 k €	+46.3%	35,8 k €	+2.6%	34,9 k €
Debts	290,9 k €	-53.8%	629,6 k €	-22.6%	813,8 k €	+31.0%	621,2 k €	-40.3%	1 M €	+17.2%	887,3 k €	-28.1%	1,2 M €	+19.8%	1 M €	-18.4%	1,3 M €	-5.6%	1,3 M €	-1.4%	1,4 M €	-11.3%	1,5 M €	+9.1%	1,4 M €	-29.2%	2 M €	-6.7%	2,1 M €	+93.9%	1,1 M €	-4.3%	1,1 M €	-16.6%	1,4 M €	+166%	514,3 k €
Other
Workforce	3,1 ETP	-75.0%	12,4 ETP	-3.1%	12,8 ETP	-9.9%	14,2 ETP	-3.4%	14,7 ETP	-0.7%	14,8 ETP	-6.3%	15,8 ETP	+1.9%	15,5 ETP	-2.5%	15,9 ETP	-0.6%	16,0 ETP	-8.6%	17,5 ETP	-14.2%	20,4 ETP	-2.9%	21,0 ETP	-3.7%	21,8 ETP	+26.0%	17,3 ETP	+28.1%	13,5 ETP	-7.5%	14,6 ETP	+22.7%	11,9 ETP	+40.0%	8,5 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 · 3 active · 11 ended

Active mandates

Magda Vynckier

Managing director · since 28 décembre 2023

Active

Martijn Vandaele

Director · since 28 décembre 2023

Active

Philip Vandaele

Chairman of the board of directors · since 28 décembre 2023

Active

Ended mandates

Martijn Etienne Vandaele

Director · since 02 février 2019

Ended

Martijn Vandaele

Director · since 02 février 2019 · until 30 mars 2023

Ended

MAGDA VYNCKIER

Managing director · since 30 mars 2017 · until 30 mars 2023

Ended

Philip VANDAELE

Managing director · since 30 mars 2017 · until 30 mars 2023

Ended

At this address

Other companies at this address

Company	CBE no.
Demasi● Active	0548.841.638
GROEP VANDAELE● Active	0558.983.185
PHIMONTA● Active	0837.515.519

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	19/03/2026	30/09/2025	30/09/2024	29/08/2023	31/08/2022	31/08/2021
General meeting	28/02/2026	27/09/2025	26/09/2024	24/06/2023	31/08/2022	26/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/02/2026	19/03/2026	Dutch	PDF
Abridged model	31/12/2024	27/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	26/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	31/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	07/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	15/12/2016	Dutch	PDF
Abridged model	31/03/2015	26/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	19/11/2014	24/11/2014	Dutch	PDF
Abridged model	31/03/2013	21/09/2013	31/10/2013	Dutch	PDF
Abridged model	31/03/2012	15/09/2012	14/12/2012	Dutch	PDF
Abridged model	31/03/2011	17/09/2011	31/10/2011	Dutch	PDF
Abridged model	31/03/2010	18/09/2010	27/09/2010	Dutch	PDF
Abridged model	31/03/2009	19/09/2009	26/10/2009	Dutch	PDF
Abridged model	31/03/2008	20/09/2008	31/10/2008	Dutch	PDF
Abridged model	31/03/2007	15/09/2007	09/10/2007	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 · 3 active · 11 ended

Active mandates

Magda Vynckier

Managing director · since 28 décembre 2023

Active

Martijn Vandaele

Director · since 28 décembre 2023

Active

Philip Vandaele

Chairman of the board of directors · since 28 décembre 2023

Active

Ended mandates

Martijn Etienne Vandaele

Director · since 02 février 2019

Ended

Martijn Vandaele

Director · since 02 février 2019 · until 30 mars 2023

Ended

MAGDA VYNCKIER

Managing director · since 30 mars 2017 · until 30 mars 2023

Ended

Philip VANDAELE

Managing director · since 30 mars 2017 · until 30 mars 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/06/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Other19/03/2024
DIVERSEN - BOEKJAAR
PDF
Mandates22/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Mandates29/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2017
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/06/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other15/07/2011
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/08/2008
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 202589,9 k €↑
2024
Annual accounts 202444,8 k €↑
2023
Annual accounts 2023-8,4 k €↓
2022
Annual accounts 20222 k €↓
2021
Annual accounts 20214,9 k €↑
2020
Annual accounts 20202,6 k €↓
2019
Annual accounts 201943,1 k €↑
2018
Annual accounts 201821,7 k €↑
2017
Annual accounts 2017-433,2 k €↓
2016
Annual accounts 2016-199,7 k €↓
2015
Annual accounts 2015-26,1 k €↑
2014
Annual accounts 2014-34,9 k €↓
2013
Annual accounts 201343 k €↑
2012
Annual accounts 20124,3 k €↓
2011
Annual accounts 201172,5 k €↓
2010
Annual accounts 2010102,7 k €↓
2009
Annual accounts 2009123,1 k €↑
2008
Annual accounts 200853,5 k €↑
2007
Annual accounts 200735,5 k €
03/04/2001
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

VANDAELE CONSTRUCT

Overview

What does VANDAELE CONSTRUCT 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