ACTIVE

Michael Vanneste

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 k €+103,8 %over 1 year
Gross margin79,2 k €+1,8 %over 1 year
Equity122,3 k €-66,5 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Michael Vanneste is a Private limited company incorporated in 2013. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Tielt. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0536.988.733
Incorporation
29/07/2013
Legal form
Private limited company
Registered office
Paanderstraat 76
8760 Tielt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin79,2 k €77,8 k €84,2 k €74,7 k €54,6 k €
EBITDA15,5 k €13,8 k €22,3 k €14,1 k €464,2 €
Operating result3,4 k €1,9 k €10,4 k €1,6 k €-2 k €
Net result1,8 k €897,2 €7 k €522,4 €194,7 €
Balance sheet
Equity122,3 k €365,1 k €365 k €358,8 k €358,3 k €
Total assets372,1 k €374,2 k €382,9 k €393,2 k €433,6 k €
Cash141,7 k €153,1 k €168,7 k €176,6 k €215,4 k €
Debts249,8 k €9,1 k €17,9 k €34,4 k €75,3 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

VANNESTE TRADING

Director · since 17 février 2022 · 0644.431.970

Represented by Michael Vanneste

Active

Ended mandates

Michael Vanneste

Director

Ended
Michael Vanneste

Manager

Ended

Other companies at this address

Paanderstraat 76 8760 Tielt
CompanyCBE no.
VANNESTE TRADING● Active
0644.431.970

Full financial information

Source · NBB
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 date21/07/202625/07/202512/04/202426/06/202318/05/202224/06/2021
General meeting30/06/202630/06/202531/03/202426/06/202317/05/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202621/07/2026DutchPDF
Abridged model31/12/202430/06/202525/07/2025DutchPDF
Abridged model31/12/202331/03/202412/04/2024DutchPDF
Abridged model31/12/202226/06/202326/06/2023DutchPDF
Abridged model31/12/202117/05/202218/05/2022DutchPDF
Abridged model31/12/202004/06/202124/06/2021DutchPDF
Micro model31/12/201914/05/202015/05/2020DutchPDF
Micro model31/12/201801/06/201907/06/2019DutchPDF
Micro model31/12/201711/06/201802/07/2018DutchPDF
Micro model31/12/201606/06/201705/07/2017DutchPDF
Abridged model31/12/201521/05/201608/06/2016DutchPDF
Abridged model31/12/201421/05/201503/06/2015DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

VANNESTE TRADING

Director · since 17 février 2022 · 0644.431.970

Represented by Michael Vanneste

Active

Ended mandates

Michael Vanneste

Director

Ended
Michael Vanneste

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/07/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 20251,8 k €↑
  2. 2024
    Annual accounts 2024897,2 €↓
  3. 2023
    Annual accounts 20237 k €↑
  4. 2022
    Annual accounts 2022522,4 €↑
  5. 2021
    Annual accounts 2021194,7 €↓
  6. 2020
    Annual accounts 202028,8 k €↓
  7. 2019
    Annual accounts 201942,3 k €↑
  8. 2018
    Annual accounts 201840,4 k €↓
  9. 2017
    Annual accounts 201756,2 k €↓
  10. 2016
    Annual accounts 201663,9 k €↑
  11. 2015
    Annual accounts 201558,9 k €↓
  12. 2014
    Annual accounts 201465,6 k €
  13. 29/07/2013
    IncorporationPrivate limited company