ACTIVE

VN-R

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

7,3 k €

-63.6% YoY

Gross margin

27,3 k €

-39.5% YoY

Equity

129,1 k €

+6.0% YoY

What does VN-R do?

VN-R is a Private limited company incorporated in 2001. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Knokke-Heist.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.234.168

Incorporation

04/12/2001

Legal form

Private limited company

Registered office

Zeedijk-Heist 271 box 53
8301 Knokke-Heist · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

Activities (NACE)

46190Agents involved in the sale of a variety of goods· main 46190Agents involved in the sale of a variety of goods 51190Passenger air transport 64200Activities of holding companies 64210Activities of holding companies 74151Specialised design activities+3

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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 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	27,3 k €	-39.5%	45,1 k €	+8.2%	41,7 k €	-5.8%	44,3 k €	+35.6%	32,6 k €	-3.8%	33,9 k €	+15.7%	29,3 k €	+2.2%	28,7 k €	+8.3%	26,5 k €	+3.2%	25,6 k €	-45.5%	47 k €	+56.1%	30,1 k €	-24.8%	40,1 k €	-36.1%	62,7 k €	-21.0%	79,4 k €	+1.6%	78,2 k €	-29.8%	111,4 k €	+71.3%	65 k €	+12.3%	57,9 k €
EBITDA	25,2 k €	-41.6%	43,1 k €	+8.3%	39,8 k €	-6.4%	42,5 k €	+37.6%	30,9 k €	-4.1%	32,3 k €	+15.9%	27,8 k €	+2.3%	27,2 k €	+15.7%	23,5 k €	+5.8%	22,2 k €	-51.2%	45,6 k €	+61.0%	28,3 k €	-26.0%	38,3 k €	-35.2%	59,1 k €	-18.2%	72,2 k €	+1.8%	70,9 k €	+46.6%	48,3 k €	-24.4%	63,9 k €	+12.9%	56,6 k €
Operating result	11,7 k €	-60.5%	29,6 k €	+12.5%	26,3 k €	-9.4%	29,1 k €	+66.5%	17,5 k €	-7.1%	18,8 k €	+30.8%	14,4 k €	+8.3%	13,3 k €	+42.4%	9,3 k €	+50.6%	6,2 k €	-80.3%	31,4 k €	+176%	11,4 k €	-45.5%	20,9 k €	-28.3%	29,1 k €	-1.8%	29,7 k €	-43.3%	52,3 k €	+87.2%	27,9 k €	-20.0%	34,9 k €	+18.3%	29,5 k €
Net result	7,3 k €	-63.6%	20,1 k €	+16.1%	17,3 k €	-8.5%	19 k €	+127%	8,3 k €	-0.7%	8,4 k €	+353%	-3,3 k €	-164%	5,2 k €	+154%	2,1 k €	+436%	-610,4 €	-104%	17,4 k €	+996%	1,6 k €	-75.8%	6,6 k €	+39.0%	4,7 k €	-53.6%	10,2 k €	-70.2%	34,2 k €	+268%	9,3 k €	-29.8%	13,2 k €	+31.7%	10 k €
Balance sheet
Equity	129,1 k €	+6.0%	121,8 k €	+14.0%	106,9 k €	+19.4%	89,5 k €	+26.9%	70,6 k €	+13.4%	62,2 k €	+15.6%	53,8 k €	-5.8%	57,1 k €	+10.0%	51,9 k €	+4.1%	49,9 k €	-1.2%	50,5 k €	+52.7%	33 k €	+5.1%	31,5 k €	+26.4%	24,9 k €	-16.8%	29,9 k €	-46.9%	56,4 k €	+51.7%	37,2 k €	-7.7%	40,3 k €	+8.7%	37 k €
Total assets	248,3 k €	-1.7%	252,6 k €	-8.2%	275,1 k €	-5.2%	290,3 k €	-2.2%	296,9 k €	-4.8%	312 k €	-4.6%	327 k €	-3.5%	338,8 k €	-3.3%	350,2 k €	-6.0%	372,5 k €	-6.7%	399,4 k €	-1.4%	405 k €	-3.0%	417,4 k €	-4.1%	435,3 k €	-9.5%	481,2 k €	+26.8%	379,4 k €	-0.1%	380 k €	+2.5%	370,6 k €	-6.6%	396,9 k €
Cash	10,3 k €	+243%	3 k €	-35.5%	4,6 k €	-6.9%	5 k €	+217%	1,6 k €	-47.2%	3 k €	+56.7%	1,9 k €	-67.8%	5,9 k €	+1.7%	5,8 k €	+117%	2,7 k €	-61.3%	6,9 k €	+79.6%	3,8 k €	+16.6%	3,3 k €	-38.4%	5,3 k €	-13.9%	6,2 k €	+5.4%	5,9 k €	-37.9%	9,5 k €	+36.3%	7 k €	-84.6%	45,1 k €
Debts	45,1 k €	-20.6%	56,8 k €	-39.7%	94,2 k €	-25.7%	126,7 k €	-16.8%	152,4 k €	-13.3%	175,8 k €	-11.8%	199,2 k €	-4.1%	207,6 k €	-7.4%	224,3 k €	-9.8%	248,7 k €	-9.6%	275 k €	-7.7%	298 k €	-4.5%	312 k €	-7.2%	336,1 k €	-10.6%	376,1 k €	+47.5%	255 k €	-8.8%	279,5 k €	-14.9%	328,6 k €	-8.0%	357 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 31/12/2025 · 2 active · 3 ended

Active mandates

FRANKY VAN NIEUWENHUYZE

Director

Active

VEERLE RAEMDONCK

Director

Active

Ended mandates

VEERLE RAEMDONCK

Manager · since 01 juillet 2006

Ended

FRANKY VAN NIEUWENHUYZE

Manager

Ended

Veerle Raemdonck

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CERTUS & VAN NIEUWENHUYZE - RAEMDONCK● Active	0656.903.202

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	01/01/2025	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	14/07/2026	24/09/2025	11/06/2024	31/08/2023	27/06/2022	23/08/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	30/06/2023	03/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	14/07/2026	Dutch	PDF
Micro modelCorrection	31/12/2024	06/06/2025	24/09/2025	Dutch	PDF
Micro model	31/12/2024	06/06/2025	30/08/2025	Dutch	PDF
Micro model	31/12/2023	07/06/2024	11/06/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	27/06/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	23/08/2021	Dutch	PDF
Micro modelCorrection	31/12/2019	14/08/2020	24/11/2020	Dutch	PDF
Micro model	31/12/2019	14/08/2020	28/08/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	27/08/2019	Dutch	PDF
Micro model	31/12/2017	21/06/2018	22/06/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	06/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/07/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	18/07/2013	Dutch	PDF
Abridged model	30/06/2011	02/12/2011	15/02/2012	Dutch	PDF
Abridged model	30/06/2010	03/12/2010	24/01/2011	Dutch	PDF
Abridged model	30/06/2009	04/12/2009	30/12/2009	Dutch	PDF
Abridged model	30/06/2008	05/12/2008	30/12/2008	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	28/12/2007	Dutch	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 31/12/2025 · 2 active · 3 ended

Active mandates

FRANKY VAN NIEUWENHUYZE

Director

Active

VEERLE RAEMDONCK

Director

Active

Ended mandates

VEERLE RAEMDONCK

Manager · since 01 juillet 2006

Ended

FRANKY VAN NIEUWENHUYZE

Manager

Ended

Veerle Raemdonck

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other14/06/2012
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares09/02/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/12/2006
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/07/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/10/2003
ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN
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 20257,3 k €↓
2024
Annual accounts 202420,1 k €↑
2023
Annual accounts 202317,3 k €↓
2022
Annual accounts 202219 k €↑
2022
Name changeVN-R
2021
Annual accounts 20218,3 k €↓
2021
Name changeVAN NIEUWENHUYZE- RAEMDONCK
2020
Annual accounts 20208,4 k €↑
2019
Annual accounts 2019-3,3 k €↓
2018
Annual accounts 20185,2 k €↑
2017
Annual accounts 20172,1 k €↑
2016
Annual accounts 2016-610,4 €↓
2015
Annual accounts 201517,4 k €↑
2014
Annual accounts 20141,6 k €↓
2013
Annual accounts 20136,6 k €↑
2012
Annual accounts 20124,7 k €↓
2011
Annual accounts 201110,2 k €↓
2010
Annual accounts 201034,2 k €↑
2009
Annual accounts 20099,3 k €↓
2008
Annual accounts 200813,2 k €↑
2007
Annual accounts 200710 k €
04/12/2001
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

VN-R

Overview

What does VN-R 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