ACTIVE

VANSTRAELEN SPRINKLER + PIPING

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Financial year 2025 · Closed on 31/12/2025

Net result2,7 M €-30,6 %over 1 year

Revenue17,3 M €-19,7 %over 1 year

Equity12,1 M €+28,7 %over 1 year

Workforce28,4 ETP-12,6 %over 1 year

Identity

Source · BCE/KBO

VANSTRAELEN SPRINKLER + PIPING is a Public limited company incorporated in 2003. Its registered office is in Hasselt. It employs on average 28,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0480.228.093
Incorporation: 15/05/2003
Legal form: Public limited company
Registered office: Winkelstraat 10 B
3720 Hasselt · FlandreSee on map
Contributed capital: 100 000,00 €
Latest accounts: 31/12/2025
Average workforce: 28,4 ETP

Joint committees (5)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	17,3 M €	-19.7%	21,5 M €		–		–		–
EBITDA	3,6 M €	-32.4%	5,3 M €	+76.4%	3 M €	-30.2%	4,3 M €	+51.5%	2,8 M €
Operating result	3,4 M €	-32.6%	5,1 M €	+83.9%	2,8 M €	-31.1%	4 M €	+49.5%	2,7 M €
Net result	2,7 M €	-30.6%	3,9 M €	+56.1%	2,5 M €	-28.0%	3,4 M €	+42.8%	2,4 M €
Balance sheet
Equity	12,1 M €	+28.7%	9,4 M €	+70.3%	5,5 M €	+21.7%	4,5 M €	+19.8%	3,8 M €
Total assets	13,9 M €	+33.0%	10,5 M €	+14.1%	9,2 M €	-14.9%	10,8 M €	+22.8%	8,8 M €
Cash	1,1 M €	-57.6%	2,7 M €	+253%	766 k €	+59.3%	480,8 k €	-69.9%	1,6 M €
Debts	1,8 M €	+71.3%	1,1 M €	-70.6%	3,7 M €	-41.5%	6,3 M €	+25.0%	5 M €
Other
Workforce	28,4 ETP	-12.6%	32,5 ETP	-17.1%	39,2 ETP	-6.2%	41,8 ETP	-0.7%	42,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 27 ended

Active mandates

INFINITY

Managing director · 0841.754.716

Represented by Philip Voets

Active

NIVOTECH

Managing director · 0841.755.013

Represented by Nicolas Voets

Active

Ended mandates

Forward Management

Managing director · since 16 avril 2018 · until 20 avril 2024 · 0566.909.075

Represented by Dominic Voets

Ended

INFINITY

Managing director · since 16 avril 2018 · until 20 avril 2024 · 0841.754.716

Represented by Philip Voets

Ended

NIVOTECH

Managing director · since 16 avril 2018 · until 20 avril 2024 · 0841.755.013

Represented by Nicolas Voets

Ended

VOCO INVEST

Chairman of the board of directors · since 16 avril 2018 · until 20 avril 2024 · 0457.031.435

Represented by Marc Voets

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full 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	27/07/2026	11/07/2025	09/08/2024	31/07/2023	11/08/2022	28/07/2021
General meeting	30/06/2026	30/06/2025	15/04/2024	17/04/2023	30/06/2022	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	27/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/04/2024	09/08/2024	Dutch	PDF
Abridged model	31/12/2022	17/04/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	11/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	28/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/04/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	16/04/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	17/04/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	11/05/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	16/09/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/04/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/04/2010	19/05/2010	Dutch	PDF
Abridged model	31/12/2008	20/04/2009	11/05/2009	Dutch	PDF
Abridged model	31/12/2007	21/04/2008	13/05/2008	Dutch	PDF
Abridged model	31/12/2006	16/04/2007	15/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 27 ended

Active mandates

INFINITY

Managing director · 0841.754.716

Represented by Philip Voets

Active

NIVOTECH

Managing director · 0841.755.013

Represented by Nicolas Voets

Active

Ended mandates

Forward Management

Managing director · since 16 avril 2018 · until 20 avril 2024 · 0566.909.075

Represented by Dominic Voets

Ended

INFINITY

Managing director · since 16 avril 2018 · until 20 avril 2024 · 0841.754.716

Represented by Philip Voets

Ended

NIVOTECH

Managing director · since 16 avril 2018 · until 20 avril 2024 · 0841.755.013

Represented by Nicolas Voets

Ended

VOCO INVEST

Chairman of the board of directors · since 16 avril 2018 · until 20 avril 2024 · 0457.031.435

Represented by Marc Voets

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/08/2026
ONTSLAGEN, BENOEMINGEN
PDF
Other09/09/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates10/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2014
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 20252,7 M €↓
2024
Annual accounts 20243,9 M €↑
2023
Annual accounts 20232,5 M €↓
2022
Annual accounts 20223,4 M €↑
2021
Annual accounts 20212,4 M €↓
2020
Annual accounts 20202,8 M €↑
2019
Annual accounts 20191,7 M €↑
2018
Annual accounts 20181,5 M €↑
2017
Annual accounts 2017704,1 k €↓
2016
Annual accounts 2016760,5 k €↑
2015
Annual accounts 2015536,9 k €↓
2014
Annual accounts 2014861,4 k €↑
2013
Annual accounts 2013643,7 k €↓
2012
Annual accounts 20121,1 M €↑
2011
Annual accounts 2011451 k €↑
2010
Annual accounts 2010191,5 k €↓
2009
Annual accounts 2009533,3 k €↑
2008
Annual accounts 2008487,5 k €↓
2007
Annual accounts 2007629,4 k €↑
2006
Annual accounts 2006353,8 k €
15/05/2003
IncorporationPublic limited company

VANSTRAELEN SPRINKLER + PIPING

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline