ACTIVE

Vaigo

Financial year 2025 · closed on 31/12/2025
Net result
-319,7 k €
-134.3% YoY
Gross margin
501 k €
-70.2% YoY
Equity
62,9 k €
+398.7% YoY
Workforce
7,3 ETP
+151.7% YoY

What does Vaigo do?

Vaigo is a Private limited company incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Leuven. It employs on average 7,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0568.470.181
Incorporation
07/01/2015
Legal form
Private limited company
Registered office
Martelarenplein 20E
3000 Leuven · FlandreSee on map
Contributed capital
400 000,36 €
Latest accounts
31/12/2025
Average workforce
7,3 ETP
Joint committees (4)
  • 100
  • 1000
  • 200
  • 2000
Signals
Good liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212019201820172016
Income statement
Gross margin501 k €1,7 M €1,1 M €758,6 k €387,3 k €164,6 k €6,1 k €-17 k €-7,5 k €
EBITDA-293,1 k €1,3 M €785,3 k €307,8 k €-157,4 k €38,4 k €-8,6 k €-17 k €-7,8 k €
Operating result-301,1 k €1,3 M €710,5 k €180,1 k €-284,4 k €-16,2 k €-10 k €-18,4 k €-9 k €
Net result-319,7 k €931,3 k €641,3 k €170 k €-294,3 k €-20,4 k €-10,1 k €-18,4 k €-9,1 k €
Balance sheet
Equity62,9 k €12,6 k €916 k €274,7 k €-120,2 k €260,6 k €281 k €-20,5 k €-2,9 k €
Total assets825,1 k €309,6 k €1,5 M €686,3 k €312,5 k €525,1 k €307,6 k €5,7 k €16,7 k €
Cash414,1 k €110,9 k €530,8 k €217,8 k €44,3 k €97 k €113,2 k €541,9 €14,9 k €
Debts744,8 k €261,2 k €549,3 k €409,6 k €429,8 k €264,5 k €26,7 k €26,2 k €19,6 k €
Other
Workforce7,3 ETP2,9 ETP2,7 ETP4,3 ETP5,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 36 ended

Active mandates

AKILES

Director · since 06 juin 2025 · 0731.837.383

Represented by Kurt Huyghe

Active
ENOA

Director · since 13 décembre 2024 · 0671.852.385

Represented by Hans Seeuws

Active
THD Management

Director · since 13 décembre 2024 · 0891.008.841

Represented by Dedier Thibaud

Active
Roeland V Consult

Persoon belast met dagelijks bestuur · since 04 décembre 2020 · 0691.546.949

Represented by Roeland Vanrenterghem

Active

Ended mandates

ENOA

Director · since 13 décembre 2024 · 0671.852.385

Represented by Hans Seeuws

Ended
Kurt Huyghe

Director · since 13 décembre 2024

Ended
THD Management

Director · since 13 décembre 2024 · 0891.008.841

Represented by Thibaud Dedier

Ended
David Van Ierland

Managing director · since 01 janvier 2022

Ended
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Annual accounts

Full financial information

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 date08/07/202603/07/202530/04/202422/05/202324/05/202218/06/2021
General meeting24/06/202606/06/202530/04/202425/04/202326/04/202227/04/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202608/07/2026DutchPDF
Abridged model31/12/202406/06/202503/07/2025DutchPDF
Abridged model31/12/202330/04/202430/04/2024DutchPDF
Abridged model31/12/202225/04/202322/05/2023DutchPDF
Abridged model31/12/202126/04/202224/05/2022DutchPDF
Abridged model31/12/202027/04/202118/06/2021DutchPDF
Micro model31/12/201915/08/202012/10/2020DutchPDF
Micro model31/12/201822/08/201926/08/2019DutchPDF
Micro model31/12/201725/05/201817/08/2018DutchPDF
Abridged model31/12/201626/05/201724/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 4 active · 36 ended

Active mandates

AKILES

Director · since 06 juin 2025 · 0731.837.383

Represented by Kurt Huyghe

Active
ENOA

Director · since 13 décembre 2024 · 0671.852.385

Represented by Hans Seeuws

Active
THD Management

Director · since 13 décembre 2024 · 0891.008.841

Represented by Dedier Thibaud

Active
Roeland V Consult

Persoon belast met dagelijks bestuur · since 04 décembre 2020 · 0691.546.949

Represented by Roeland Vanrenterghem

Active

Ended mandates

ENOA

Director · since 13 décembre 2024 · 0671.852.385

Represented by Hans Seeuws

Ended
Kurt Huyghe

Director · since 13 décembre 2024

Ended
THD Management

Director · since 13 décembre 2024 · 0891.008.841

Represented by Thibaud Dedier

Ended
David Van Ierland

Managing director · since 01 janvier 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/01/2026
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares22/06/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates24/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    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 2025-319,7 k €
  2. 2025
    Name changeVaigo
  3. 2024
    Annual accounts 2024931,3 k €
  4. 2023
    Annual accounts 2023641,3 k €
  5. 2022
    Annual accounts 2022170 k €
  6. 2021
    Annual accounts 2021-294,3 k €
  7. 2019
    Annual accounts 2019-20,4 k €
  8. 2018
    Annual accounts 2018-10,1 k €
  9. 2017
    Annual accounts 2017-18,4 k €
  10. 2016
    Annual accounts 2016-9,1 k €
  11. 2016
    Name changeEurides
  12. 07/01/2015
    IncorporationPrivate limited company