ACTIVE

VS ELECTRONICS

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Financial year 2025 · closed on 30/06/2025
Net result
1,3 M €
+750.5% YoY
Gross margin
3,4 M €
+77.5% YoY
Equity
3,3 M €
+61.4% YoY
Workforce
15,0 ETP
-15.7% YoY

What does VS ELECTRONICS do?

VS ELECTRONICS is a Private limited company incorporated in 2002. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Heist-op-den-Berg. It employs on average 15,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0478.294.528
Incorporation
10/09/2002
Legal form
Private limited company
Registered office
Liersesteenweg 173 box K
2220 Heist-op-den-Berg · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Average workforce
15,0 ETP
Activities (NACE)
46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft51140Passenger air transport52740Warehousing and support activities for transportation95290Repair of other personal and household goods95290Repair of other personal and household goods+6
Joint committees (4)
  • 111
  • 11101
  • 209
  • 20900
Contacts
2 public details availableLog in to view
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 16 financial years

2025202420232022201820172016201520142013201220112010200920082007
Income statement
Gross margin3,4 M €1,9 M €1,7 M €1,6 M €1,5 M €1,3 M €1,2 M €1,1 M €1 M €748,9 k €867,7 k €788,1 k €697,8 k €790,7 k €633,9 k €319,4 k €
EBITDA2,4 M €799,2 k €739 k €668,7 k €678,6 k €621,4 k €525,7 k €451,9 k €386,6 k €87,1 k €338,9 k €322,3 k €312,8 k €338,7 k €307,3 k €121,5 k €
Operating result1,9 M €404,5 k €442,8 k €374,3 k €343,9 k €334,9 k €327,2 k €274,8 k €250,9 k €-35 k €28,2 k €111,2 k €106,2 k €179,1 k €152,6 k €80,2 k €
Net result1,3 M €147,7 k €197,5 k €174,7 k €85,2 k €126,4 k €106,5 k €74,4 k €66 k €143,1 k €6,4 k €1,6 k €52,5 k €74,8 k €110,7 k €57,1 k €
Balance sheet
Equity3,3 M €2 M €1,9 M €1,8 M €1,3 M €1,2 M €1,2 M €1,1 M €1 M €373,3 k €794,5 k €788,1 k €906,5 k €289,7 k €214,9 k €104,2 k €
Total assets5,2 M €5,2 M €4,8 M €4,6 M €4,3 M €4,3 M €2,7 M €2,6 M €2,5 M €2 M €4,5 M €2,4 M €1,9 M €1,3 M €1,1 M €448,5 k €
Cash349 k €587,7 k €281,7 k €486 k €262 k €405,6 k €173 k €175,2 k €163,3 k €128,7 k €300,5 k €114,4 k €86,8 k €74,9 k €61,2 k €30,9 k €
Debts1,9 M €3,1 M €2,8 M €2,8 M €2,8 M €2,9 M €1,4 M €1,5 M €1,4 M €1,5 M €3,7 M €1,6 M €976,4 k €969,6 k €879,2 k €344,3 k €
Other
Workforce15,0 ETP17,8 ETP18,3 ETP17,3 ETP16,0 ETP13,0 ETP13,0 ETP13,6 ETP13,9 ETP13,4 ETP11,8 ETP10,1 ETP9,0 ETP10,8 ETP8,4 ETP5,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

Jan Scheirs

Director · since 05 septembre 2002

Active

Ended mandates

Jan Scheirs

Manager · since 09 septembre 2002

Ended
Jan Scheirs

Manager · since 05 septembre 2002

Ended
Jan Scheirs

Director

Ended
Jan Scheirs

Manager

Ended
At this address

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0829.336.538
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INNOMEDIQ● Active
0806.491.751
Koninklijke Sportkring Heist● Active
0407.214.215
SPORTKRING HEIST● Active
0525.768.110
STERA● Active
0747.696.586
VSE Scheirs● Active
0500.494.660
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/01/202619/12/202415/12/202322/12/202221/01/202214/12/2020
General meeting26/01/202611/12/202413/12/202314/12/202208/12/202109/12/2020
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202526/01/202629/01/2026DutchPDF
Abridged model30/06/202411/12/202419/12/2024DutchPDF
Abridged model30/06/202313/12/202315/12/2023DutchPDF
Abridged model30/06/202214/12/202222/12/2022DutchPDF
Abridged model30/06/202108/12/202121/01/2022DutchPDF
Abridged model30/06/202009/12/202014/12/2020DutchPDF
Abridged model30/06/201911/12/201919/12/2019DutchPDF
Abridged model30/06/201812/12/201820/12/2018DutchPDF
Abridged model30/06/201713/12/201723/01/2018DutchPDF
Abridged model30/06/201614/12/201615/12/2016DutchPDF
Abridged model30/06/201509/12/201505/01/2016DutchPDF
Abridged model30/06/201410/12/201411/12/2014DutchPDF
Abridged model30/06/201331/12/201331/01/2014DutchPDF
Abridged model30/06/201231/12/201230/01/2013DutchPDF
Abridged model30/06/201114/12/201110/01/2012DutchPDF
Abridged model30/06/201017/12/201025/02/2011DutchPDF
Abridged model30/06/200920/12/200917/02/2010DutchPDF
Abridged model30/06/200817/12/200831/01/2009DutchPDF
Abridged model30/06/200718/12/200729/02/2008DutchPDF
Abridged model30/06/200621/12/200631/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 1 active · 4 ended

Active mandates

Jan Scheirs

Director · since 05 septembre 2002

Active

Ended mandates

Jan Scheirs

Manager · since 09 septembre 2002

Ended
Jan Scheirs

Manager · since 05 septembre 2002

Ended
Jan Scheirs

Director

Ended
Jan Scheirs

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/03/2022
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office23/08/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/09/2003
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/09/2002
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,3 M €↑
  2. 2024
    Annual accounts 2024147,7 k €↓
  3. 2023
    Annual accounts 2023197,5 k €↑
  4. 2022
    Annual accounts 2022174,7 k €↑
  5. 2018
    Annual accounts 201885,2 k €↓
  6. 2017
    Annual accounts 2017126,4 k €↑
  7. 2016
    Annual accounts 2016106,5 k €↑
  8. 2015
    Annual accounts 201574,4 k €↑
  9. 2014
    Annual accounts 201466 k €↓
  10. 2013
    Annual accounts 2013143,1 k €↑
  11. 2012
    Annual accounts 20126,4 k €↑
  12. 2011
    Annual accounts 20111,6 k €↓
  13. 2010
    Annual accounts 201052,5 k €↓
  14. 2009
    Annual accounts 200974,8 k €↓
  15. 2008
    Annual accounts 2008110,7 k €↑
  16. 2007
    Annual accounts 200757,1 k €
  17. 10/09/2002
    IncorporationPrivate limited company