ACTIVE

VANNESTE

Financial year 2025 · closed on 31/12/2025
Net result
6,2 k €
-91.9% YoY
Gross margin
1,1 M €
+5.7% YoY
Equity
397,5 k €
+1.6% YoY
Workforce
15,3 ETP
0.0% YoY

What does VANNESTE do?

VANNESTE is a Private limited company incorporated in 2015. Its registered office is in Brugge. It employs on average 15,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0631.979.447
Incorporation
12/06/2015
Legal form
Private limited company
Registered office
Pathoekeweg 20
8000 Brugge · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
15,3 ETP
Joint committees (2)
  • 124000
  • 200000
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212019201820172016
Income statement
Gross margin1,1 M €1,1 M €1,2 M €949,6 k €835,6 k €984,8 k €1,1 M €1,2 M €1,7 M €
EBITDA59,1 k €156,5 k €190,9 k €161 k €175,1 k €110,2 k €174,3 k €196,4 k €307,4 k €
Operating result33,5 k €123,7 k €218 k €55,3 k €144,1 k €72,6 k €123,1 k €140,1 k €168,4 k €
Net result6,2 k €75,8 k €126,2 k €36,9 k €135,4 k €36,2 k €26,4 k €71,9 k €125,2 k €
Balance sheet
Equity397,5 k €391,3 k €315,5 k €189,3 k €152,4 k €173,4 k €137,2 k €110,8 k €98,9 k €
Total assets1,3 M €1,4 M €1,4 M €1,4 M €1,3 M €1,2 M €1,2 M €1,1 M €957,1 k €
Cash28,2 k €179,5 k €83,7 k €0 €1,4 k €34,7 k €40,5 k €108,7 k €
Debts952,4 k €987,8 k €1,1 M €1,2 M €1,1 M €1,1 M €1 M €998,7 k €858,1 k €
Other
Workforce15,3 ETP15,3 ETP15,8 ETP13,8 ETP11,5 ETP14,3 ETP15,0 ETP15,0 ETP15,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Axel Vanneste

Director · since 31 décembre 2020

Active
Chantal Maene

Director · since 01 novembre 2018

Active
CHADIRAX

Director · since 27 mai 2015 · 0466.390.054

Represented by Vanneste Dirk

Active

Ended mandates

Chantal Maene

Manager · since 01 novembre 2018

Ended
CHADIRAX

Director · since 27 mai 2015 · 0466.390.054

Represented by Vanneste DIRK

Ended
CHADIRAX

Director · since 27 mai 2015 · 0466.390.054

Represented by Dirk Vanneste

Ended
CHADIRAX

Manager · since 27 mai 2015 · 0466.390.054

Represented by Dirk Vanneste

Ended
At this address

Other companies at this address

CompanyCBE no.
CHADIRAXActive
0466.390.054
GROEP VANNESTEActive
0794.699.125
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 date31/08/202629/08/202511/09/202430/08/202321/06/202230/08/2021
General meeting16/05/202617/05/202521/05/202420/05/202319/05/202215/05/2021
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 model31/12/202516/05/202631/08/2026DutchPDF
Abridged model31/12/202417/05/202529/08/2025DutchPDF
Abridged model31/12/202321/05/202411/09/2024DutchPDF
Abridged model31/12/202220/05/202330/08/2023DutchPDF
Abridged model31/12/202119/05/202221/06/2022DutchPDF
Abridged model31/12/202015/05/202130/08/2021DutchPDF
Abridged model31/12/201916/05/202003/07/2020DutchPDF
Abridged model31/12/201818/05/201930/09/2019DutchPDF
Abridged model31/12/201719/05/201814/09/2018DutchPDF
Abridged model31/12/201620/05/201720/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Axel Vanneste

Director · since 31 décembre 2020

Active
Chantal Maene

Director · since 01 novembre 2018

Active
CHADIRAX

Director · since 27 mai 2015 · 0466.390.054

Represented by Vanneste Dirk

Active

Ended mandates

Chantal Maene

Manager · since 01 novembre 2018

Ended
CHADIRAX

Director · since 27 mai 2015 · 0466.390.054

Represented by Vanneste DIRK

Ended
CHADIRAX

Director · since 27 mai 2015 · 0466.390.054

Represented by Dirk Vanneste

Ended
CHADIRAX

Manager · since 27 mai 2015 · 0466.390.054

Represented by Dirk Vanneste

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other23/01/2024
    WIJZIGING RECHTSVORM
    PDF
  • Mandates16/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/06/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20256,2 k €
  2. 2024
    Annual accounts 202475,8 k €
  3. 2023
    Annual accounts 2023126,2 k €
  4. 2022
    Annual accounts 202236,9 k €
  5. 2021
    Annual accounts 2021135,4 k €
  6. 2019
    Annual accounts 201936,2 k €
  7. 2018
    Annual accounts 201826,4 k €
  8. 2017
    Annual accounts 201771,9 k €
  9. 2016
    Annual accounts 2016125,2 k €
  10. 12/06/2015
    IncorporationPrivate limited company