ACTIVE

VEGRAS

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Financial year 2025 · closed on 31/12/2025

Net result

147,1 k €

-50.0% YoY

Revenue

49,8 M €

-2.2% YoY

Equity

544 k €

+37.0% YoY

Workforce

11,3 ETP

-2.6% YoY

What does VEGRAS do?

VEGRAS is a Cooperative society incorporated in 2014. Its main activity is: Wholesale of fruit and vegetables. Its registered office is in Ardooie. It employs on average 11,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0556.708.239

Incorporation

10/07/2014

Legal form

Cooperative society

Registered office

Wezestraat 61
8850 Ardooie · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

11,3 ETP

Activities (NACE)

46319Wholesale of fruit and vegetables· main 46319Wholesale of fruit and vegetables 94200Activities of trade unions 94200Activities of trade unions 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers+8

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Revenue	49,8 M €	-2.2%	50,9 M €	+21.1%	42 M €	+11.1%	37,8 M €	-0.5%	38 M €	-0.3%	38,1 M €	-2.8%	39,2 M €	+16.3%	33,7 M €	-44.7%	60,9 M €	+46.7%	41,5 M €
EBITDA	1,1 M €	-33.3%	1,6 M €	+23.4%	1,3 M €	-4.6%	1,3 M €	+7.4%	1,3 M €	-3.6%	1,3 M €	+41.0%	922,7 k €	+14.7%	804,3 k €	+16.0%	693,7 k €	+171%	255,8 k €
Operating result	353,9 k €	-41.9%	609,5 k €	+176%	221,2 k €	+120%	100,7 k €	-24.8%	133,9 k €	+14.9%	116,6 k €	-1.9%	118,8 k €	+39.1%	85,5 k €	-7.7%	92,6 k €	+16.0%	79,8 k €
Net result	147,1 k €	-50.0%	294,3 k €	+1471%	18,7 k €	+89.5%	9,9 k €	-73.4%	37,1 k €	+642%	5 k €	-16.5%	6 k €	+30.2%	4,6 k €	+156%	-8,2 k €	-175%	10,9 k €
Balance sheet
Equity	544 k €	+37.0%	397 k €	+287%	102,6 k €	+22.3%	83,9 k €	+13.4%	74 k €	+101%	36,9 k €	+15.7%	31,9 k €	+23.1%	25,9 k €	+57.8%	16,4 k €	-33.3%	24,6 k €
Total assets	10,5 M €	+4.6%	10 M €	-13.3%	11,6 M €	+52.5%	7,6 M €	-31.5%	11,1 M €	-16.7%	13,3 M €	-13.7%	15,4 M €	+14.8%	13,4 M €	-0.0%	13,4 M €	+88.2%	7,1 M €
Cash	872,8 k €	+95.4%	446,6 k €	-25.7%	600,8 k €	+1108%	49,7 k €	-94.0%	835,1 k €	-0.9%	842,4 k €	+572%	125,3 k €	+3314%	3,7 k €	-98.5%	238,5 k €	+1269%	17,4 k €
Debts	9,8 M €	+1.8%	9,6 M €	-15.9%	11,5 M €	+52.7%	7,5 M €	-31.6%	11 M €	-16.1%	13,1 M €	-14.5%	15,3 M €	+17.5%	13 M €	+4.2%	12,5 M €	+97.1%	6,3 M €
Other
Workforce	11,3 ETP	-2.6%	11,6 ETP	-7.9%	12,6 ETP	-1.6%	12,8 ETP	+10.3%	11,6 ETP	-0.9%	11,7 ETP	-0.8%	11,8 ETP	+2.6%	11,5 ETP	+2.7%	11,2 ETP	-5.9%	11,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 34 ended

Active mandates

Christophe Jolly

Director · since 15 juin 2024 · until 14 juin 2030

Active

Edward Vercruysse

Chairman of the board of directors · since 15 juin 2024 · until 14 juin 2030

Active

Emmanuel Jadin

Director · since 15 juin 2024 · until 14 juin 2030

Active

John Kusters

Director · since 15 juin 2024 · until 14 juin 2030

Active

Marco Bom

Director · since 15 juin 2024 · until 14 juin 2030

Active

Marnix Snaet

Director · since 15 juin 2024 · until 14 juin 2030

Active

Philip De Brabandere

Director · since 15 juin 2024 · until 14 juin 2030

Active

Roy Van de Corput

Director · since 15 juin 2024 · until 14 juin 2030

Active

Ended mandates

Emmanuel Jadin

Director · since 10 juin 2023 · until 14 juin 2024

Ended

Guido Oomen

Director · since 10 juin 2022 · until 15 mai 2024

Ended

Guido Oomen

Director · since 10 juin 2022 · until 14 juin 2024

Ended

Patrick Olivier

Director · since 10 juin 2022 · until 15 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
AGORIS● Active	0875.618.307
ARDO● Active	0433.803.794
ARDO ARDOOIE● Active	0416.330.136
ARDO ENERGY● Active	0733.620.502
ARDO FOODS● Active	0859.755.144
ARDO FOODS PILLAR II● Active	1013.798.963
Inero● Active	0679.984.450
RIWARD● Active	0791.911.364
UNIGROW● Active	0875.868.230

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	24/06/2026	26/06/2025	18/06/2024	10/07/2023	23/06/2022	20/07/2021
General meeting	19/06/2026	17/06/2025	14/06/2024	29/06/2023	10/06/2022	11/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	24/06/2026	Dutch	PDF
Full model	31/12/2024	17/06/2025	26/06/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	18/06/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	10/07/2023	Dutch	PDF
Full model	31/12/2021	10/06/2022	23/06/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	25/08/2020	22/09/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	05/07/2019	Dutch	PDF
Full model	31/12/2017	17/05/2018	12/06/2018	Dutch	PDF
Full model	30/06/2016	22/12/2016	28/12/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 8 active · 34 ended

Active mandates

Christophe Jolly

Director · since 15 juin 2024 · until 14 juin 2030

Active

Edward Vercruysse

Chairman of the board of directors · since 15 juin 2024 · until 14 juin 2030

Active

Emmanuel Jadin

Director · since 15 juin 2024 · until 14 juin 2030

Active

John Kusters

Director · since 15 juin 2024 · until 14 juin 2030

Active

Marco Bom

Director · since 15 juin 2024 · until 14 juin 2030

Active

Marnix Snaet

Director · since 15 juin 2024 · until 14 juin 2030

Active

Philip De Brabandere

Director · since 15 juin 2024 · until 14 juin 2030

Active

Roy Van de Corput

Director · since 15 juin 2024 · until 14 juin 2030

Active

Ended mandates

Emmanuel Jadin

Director · since 10 juin 2023 · until 14 juin 2024

Ended

Guido Oomen

Director · since 10 juin 2022 · until 15 mai 2024

Ended

Guido Oomen

Director · since 10 juin 2022 · until 14 juin 2024

Ended

Patrick Olivier

Director · since 10 juin 2022 · until 15 mai 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING
PDF
Mandates21/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2017
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025147,1 k €↓
2024
Annual accounts 2024294,3 k €↑
2023
Annual accounts 202318,7 k €↑
2022
Annual accounts 20229,9 k €↓
2021
Annual accounts 202137,1 k €↑
2020
Annual accounts 20205 k €↓
2019
Annual accounts 20196 k €↑
2018
Annual accounts 20184,6 k €↑
2017
Annual accounts 2017-8,2 k €↓
2016
Annual accounts 201610,9 k €
10/07/2014
IncorporationCooperative society

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

VEGRAS

Overview

What does VEGRAS do?

Trend over 10 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