ACTIVE

VANNESTE

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Financial year 2025 · closed on 31/12/2025
Net result
362,6 k €
+20.0% YoY
Gross margin
617,2 k €
+15.0% YoY
Equity
2 M €
+21.9% YoY
Workforce
1,0 ETP
-16.7% YoY

What does VANNESTE do?

VANNESTE is a Private limited company incorporated in 2001. Its main activity is: Retail sale of electrical household appliances in specialised stores. Its registered office is in Merelbeke-Melle. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0476.504.778
Incorporation
28/12/2001
Legal form
Private limited company
Registered office
Brusselsesteenweg 44
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
47540Retail sale of electrical household appliances in specialised stores· main47540Retail sale of electrical household appliances in specialised stores52450Warehousing and support activities for transportation47789Other retail sale of new goods in specialised stores47789Other retail sale of new goods in specialised stores52498Warehousing and support activities for transportation+9
Joint committees (2)
  • 14901
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Gross margin617,2 k €536,5 k €515,2 k €490 k €556,2 k €337,8 k €458,9 k €461,8 k €249,2 k €258,6 k €222,6 k €197,3 k €218,3 k €
EBITDA530,7 k €454,9 k €434,5 k €417,7 k €488,9 k €240,9 k €309,9 k €335,4 k €172,5 k €183,1 k €173,6 k €156,5 k €176,3 k €
Operating result483,4 k €400 k €359,6 k €349,8 k €427,1 k €165,1 k €225,8 k €229 k €62,1 k €121 k €110,7 k €106,1 k €103,1 k €
Net result362,6 k €302,2 k €263,9 k €254,9 k €310,4 k €109,2 k €145,8 k €177,3 k €-57 k €60,7 k €66,9 k €58,3 k €68,4 k €
Balance sheet
Equity2 M €1,7 M €1,4 M €1,2 M €1,1 M €361,9 k €338,1 k €192,7 k €105,7 k €165 k €164,9 k €98,5 k €100,7 k €
Total assets2,2 M €1,8 M €1,7 M €1,5 M €1,5 M €1,3 M €1,4 M €1,4 M €1,3 M €1 M €1 M €1,1 M €1,1 M €
Cash890,6 k €481,6 k €407,8 k €635,2 k €506,3 k €165,1 k €220,2 k €230,1 k €165,5 k €239,7 k €113 k €132,5 k €63,5 k €
Debts158,7 k €161,1 k €308,4 k €234,1 k €383,5 k €850 k €985,7 k €1,1 M €1,2 M €819 k €855,3 k €1 M €963,5 k €
Other
Workforce1,0 ETP1,2 ETP1,0 ETP1,0 ETP1,0 ETP2,0 ETP2,2 ETP3,0 ETP2,0 ETP1,2 ETP1,2 ETP1,2 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Peter Vanneste

Director · since 17 décembre 2001

Active

Ended mandates

Peter Vanneste

Bestuurder · since 17 décembre 2001

Ended
Peter Vanneste

Manager · since 17 décembre 2001

Ended
Peter Vanneste

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
YAGI● Active
1040.834.843
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 date28/07/202613/06/202503/07/202412/06/202329/07/202209/08/2021
General meeting29/05/202630/05/202528/06/202409/06/202330/06/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202628/07/2026DutchPDF
Abridged model31/12/202430/05/202513/06/2025DutchPDF
Abridged model31/12/202328/06/202403/07/2024DutchPDF
Abridged model31/12/202209/06/202312/06/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202030/06/202109/08/2021DutchPDF
Abridged model31/12/201929/05/202017/08/2020DutchPDF
Abridged model31/12/201828/06/201924/07/2019DutchPDF
Abridged model31/12/201726/06/201811/07/2018DutchPDF
Abridged model31/12/201604/07/201728/07/2017DutchPDF
Abridged model31/12/201512/08/201619/08/2016DutchPDF
Abridged model31/12/201429/05/201511/08/2015DutchPDF
Abridged model31/12/201330/05/201404/07/2014DutchPDF
Abridged model31/12/201222/07/201320/08/2013DutchPDF
Abridged model31/12/201120/08/201222/08/2012DutchPDF
Abridged model31/12/201027/05/201118/08/2011DutchPDF
Abridged model31/12/200928/05/201022/07/2010DutchPDF
Abridged model31/12/200829/05/200928/08/2009DutchPDF
Abridged model31/12/200722/08/200825/08/2008DutchPDF
Abridged model31/12/200624/08/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 1 active · 3 ended

Active mandates

Peter Vanneste

Director · since 17 décembre 2001

Active

Ended mandates

Peter Vanneste

Bestuurder · since 17 décembre 2001

Ended
Peter Vanneste

Manager · since 17 décembre 2001

Ended
Peter Vanneste

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring07/08/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
    PDF
  • Restructuring03/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/02/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates09/01/2014
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office21/10/2003
    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

Timeline

  1. 2025
    Annual accounts 2025362,6 k €↑
  2. 2024
    Annual accounts 2024302,2 k €↑
  3. 2023
    Annual accounts 2023263,9 k €↑
  4. 2023
    Name changeVanneste
  5. 2022
    Annual accounts 2022254,9 k €↓
  6. 2021
    Annual accounts 2021310,4 k €↑
  7. 2021
    Name changeVanneste TV Video HiFi
  8. 2013
    Annual accounts 2013109,2 k €↓
  9. 2012
    Annual accounts 2012145,8 k €↓
  10. 2011
    Annual accounts 2011177,3 k €↑
  11. 2010
    Annual accounts 2010-57 k €↓
  12. 2009
    Annual accounts 200960,7 k €↓
  13. 2008
    Annual accounts 200866,9 k €↑
  14. 2007
    Annual accounts 200758,3 k €↓
  15. 2006
    Annual accounts 200668,4 k €
  16. 2006
    Name changeTV-VIDEO-HIFI VANNESTE
  17. 28/12/2001
    IncorporationPrivate limited company