ACTIVE

VIPACK

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Financial year 2025 · closed on 30/06/2025

Net result

89,9 k €

+611.9% YoY

Gross margin

851,7 k €

Equity

2,5 M €

+3.7% YoY

Workforce

7,5 ETP

-8.5% YoY

What does VIPACK do?

VIPACK is a Public limited company incorporated in 2002. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Wielsbeke. It employs on average 7,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.911.467

Incorporation

09/12/2002

Legal form

Public limited company

Registered office

Meulebeeksestraat(O) 51
8710 Wielsbeke · FlandreSee on map

Contributed capital

153 600,00 €

Latest accounts

30/06/2025

Average workforce

7,5 ETP

Activities (NACE)

46471Wholesale of furniture, carpets and lighting equipment· main 46471Wholesale of furniture, carpets and lighting equipment 46494Wholesale of other household goods 46494Wholesale of other household goods 51471Air transport 31004Manufacture of furniture+5

Joint committees (3)

126
12600
200

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 17 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	851,7 k €		–		968,3 k €	-38.7%	1,6 M €	+6.6%	1,5 M €	+28.5%	1,2 M €	+3.2%	1,1 M €	+11.5%	1 M €	+47.8%	678,1 k €	+39.7%	485,4 k €	+11.7%	434,5 k €	+20.9%	359,5 k €	+46.2%	245,8 k €	+44.9%	169,7 k €	+7.4%	157,9 k €	+35.9%	116,2 k €	+27.5%	91,1 k €
EBITDA	429,1 k €	+5.1%	408,4 k €	-7.3%	440,4 k €	-57.2%	1 M €	-6.3%	1,1 M €	+30.0%	845,6 k €	+4.1%	812,1 k €	+21.2%	670,3 k €	+62.0%	413,7 k €	+36.5%	303 k €	+12.3%	269,9 k €	+9.5%	246,4 k €	+39.6%	176,5 k €	+41.7%	124,6 k €	+68.0%	74,2 k €	+45.0%	51,2 k €	+92.1%	26,6 k €
Operating result	222,1 k €	+12.8%	196,9 k €	-27.6%	271,8 k €	-71.4%	950,3 k €	-9.3%	1 M €	+31.4%	797,3 k €	+4.9%	760 k €	+29.5%	586,7 k €	+69.0%	347,1 k €	+54.4%	224,8 k €	+2.5%	219,4 k €	+5.8%	207,4 k €	+46.8%	141,3 k €	+59.3%	88,7 k €	+99.2%	44,5 k €	+73.5%	25,7 k €	+327%	6 k €
Net result	89,9 k €	+612%	12,6 k €	-87.1%	97,8 k €	-83.5%	594 k €	-6.4%	634,8 k €	+45.3%	436,8 k €	+3.0%	423,9 k €	+33.4%	317,9 k €	+82.8%	173,9 k €	+81.9%	95,6 k €	+5.6%	90,5 k €	+18.8%	76,2 k €	+72.9%	44,1 k €	+27.7%	34,5 k €	+125%	15,4 k €	+32.4%	11,6 k €	+259%	-7,3 k €
Balance sheet
Equity	2,5 M €	+3.7%	2,4 M €	+0.5%	2,4 M €	+4.3%	2,3 M €	+19.8%	1,9 M €	+49.7%	1,3 M €	+51.9%	841,7 k €	+101%	417,8 k €	+4.5%	399,9 k €	+15.6%	346,1 k €	+30.4%	265,4 k €	+51.7%	174,9 k €	+77.2%	98,8 k €	+41.7%	69,7 k €	+38.9%	50,2 k €	+44.1%	34,8 k €	+49.9%	23,2 k €
Total assets	5 M €	+4.9%	4,7 M €	-5.5%	5 M €	-9.4%	5,5 M €	+66.8%	3,3 M €	+21.1%	2,7 M €	+13.6%	2,4 M €	+22.0%	2 M €	+26.4%	1,6 M €	+6.7%	1,5 M €	+37.9%	1,1 M €	+32.6%	802,9 k €	+1.8%	788,6 k €	+11.9%	704,7 k €	+40.3%	502,2 k €	-10.2%	559,5 k €	+28.1%	436,7 k €
Cash	301,6 k €	+22.8%	245,6 k €	+5.0%	234 k €	-53.0%	497,4 k €	+257%	139,4 k €	+24.6%	111,9 k €	-32.9%	166,6 k €	+136%	70,4 k €	+2.0%	69,1 k €	+14.3%	60,4 k €	-54.0%	131,3 k €	+644%	17,6 k €	-51.7%	36,5 k €	+42.9%	25,5 k €	+34.5%	19 k €	+0.4%	18,9 k €	+3439%	534,4 €
Debts	2,5 M €	+6.0%	2,3 M €	-10.9%	2,6 M €	-19.2%	3,3 M €	+130%	1,4 M €	-3.8%	1,5 M €	-6.8%	1,6 M €	+0.8%	1,6 M €	+33.9%	1,2 M €	+3.9%	1,1 M €	+40.4%	799,5 k €	+27.3%	628 k €	-9.0%	689,8 k €	+8.7%	634,9 k €	+40.8%	450,9 k €	-14.1%	524,6 k €	+26.9%	413,4 k €
Other
Workforce	7,5 ETP	-8.5%	8,2 ETP	-11.8%	9,3 ETP	-11.4%	10,5 ETP	+23.5%	8,5 ETP	+14.9%	7,4 ETP	+7.2%	6,9 ETP	-12.7%	7,9 ETP	+25.4%	6,3 ETP	+43.2%	4,4 ETP	+4.8%	4,2 ETP	+50.0%	2,8 ETP	+55.6%	1,8 ETP	+80.0%	1,0 ETP	-54.5%	2,2 ETP	+10.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 13 ended

Active mandates

GVCONNECT

Managing director · since 01 janvier 2025 · 0762.535.608

Represented by Geert VIAENE

Active

KAVIA

Managing director · since 01 janvier 2025 · 1003.944.555

Represented by Kaat VIAENE

Active

VIPA

Managing director · since 01 janvier 2025 · 0441.361.282

Represented by Ann BEHAEGHE

Active

VISAL

Managing director · since 01 janvier 2025 · 0843.999.176

Represented by Ruben VIAENE

Active

Ended mandates

Ann Behaeghe

Director · since 23 mars 2022

Ended

Ann Behaeghe

Managing director · since 23 mars 2022 · until 23 mars 2028

Ended

Geert Viaene

Director · since 23 mars 2022

Ended

Geert Viaene

Managing director · since 23 mars 2022 · until 23 mars 2028

Ended

At this address

Other companies at this address

Company	CBE no.
V-PAT● Active	0775.938.335

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	31/01/2025	30/01/2024	23/12/2022	31/01/2022	21/12/2020
General meeting	31/12/2025	31/12/2024	31/12/2023	05/12/2022	24/01/2022	07/12/2020
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	30/06/2025	31/12/2025	30/01/2026	Dutch	PDF
Full model	30/06/2024	31/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	31/12/2023	30/01/2024	Dutch	PDF
Abridged model	30/06/2022	05/12/2022	23/12/2022	Dutch	PDF
Abridged model	30/06/2021	24/01/2022	31/01/2022	Dutch	PDF
Abridged model	30/06/2020	07/12/2020	21/12/2020	Dutch	PDF
Abridged model	30/06/2019	02/12/2019	29/01/2020	Dutch	PDF
Abridged model	30/06/2018	03/12/2018	13/12/2018	Dutch	PDF
Abridged model	30/06/2017	04/12/2017	11/12/2017	Dutch	PDF
Abridged model	30/06/2016	05/12/2016	21/12/2016	Dutch	PDF
Abridged model	30/06/2015	07/12/2015	08/12/2015	Dutch	PDF
Abridged model	30/06/2014	01/12/2014	15/12/2014	Dutch	PDF
Abridged model	30/06/2013	02/12/2013	03/12/2013	Dutch	PDF
Abridged model	30/06/2012	03/12/2012	04/12/2012	Dutch	PDF
Abridged model	30/06/2011	05/12/2011	08/12/2011	Dutch	PDF
Abridged model	30/06/2010	06/12/2010	07/12/2010	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	08/12/2009	Dutch	PDF
Abridged model	30/06/2008	01/12/2008	10/12/2008	Dutch	PDF
Abridged model	30/06/2007	03/12/2007	17/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 4 active · 13 ended

Active mandates

GVCONNECT

Managing director · since 01 janvier 2025 · 0762.535.608

Represented by Geert VIAENE

Active

KAVIA

Managing director · since 01 janvier 2025 · 1003.944.555

Represented by Kaat VIAENE

Active

VIPA

Managing director · since 01 janvier 2025 · 0441.361.282

Represented by Ann BEHAEGHE

Active

VISAL

Managing director · since 01 janvier 2025 · 0843.999.176

Represented by Ruben VIAENE

Active

Ended mandates

Ann Behaeghe

Director · since 23 mars 2022

Ended

Ann Behaeghe

Managing director · since 23 mars 2022 · until 23 mars 2028

Ended

Geert Viaene

Director · since 23 mars 2022

Ended

Geert Viaene

Managing director · since 23 mars 2022 · until 23 mars 2028

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/02/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN
PDF
Mandates02/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/10/2012
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

2025
Annual accounts 202589,9 k €↑
2024
Annual accounts 202412,6 k €↓
2023
Annual accounts 202397,8 k €↓
2022
Annual accounts 2022594 k €↓
2019
Annual accounts 2019634,8 k €↑
2018
Annual accounts 2018436,8 k €↑
2017
Annual accounts 2017423,9 k €↑
2016
Annual accounts 2016317,9 k €↑
2015
Annual accounts 2015173,9 k €↑
2014
Annual accounts 201495,6 k €↑
2013
Annual accounts 201390,5 k €↑
2012
Annual accounts 201276,2 k €↑
2011
Annual accounts 201144,1 k €↑
2010
Annual accounts 201034,5 k €↑
2009
Annual accounts 200915,4 k €↑
2008
Annual accounts 200811,6 k €↑
2007
Annual accounts 2007-7,3 k €
09/12/2002
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

VIPACK

Overview

What does VIPACK do?

Trend over 17 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