ACTIVE

VDS

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Financial year 2025 · closed on 31/12/2025
Net result
26,8 k €
-6.1% YoY
Gross margin
74,2 k €
-1.4% YoY
Equity
166,2 k €
+19.2% YoY

What does VDS do?

VDS is a Private limited company incorporated in 2015. Its main activity is: Management consultancy activities. Its registered office is in Merelbeke-Melle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0641.717.356
Incorporation
20/10/2015
Legal form
Private limited company
Registered office
Brusselsesteenweg 326
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital
6 300,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin74,2 k €75,2 k €64 k €63 k €64,3 k €55,5 k €59 k €60,1 k €58,1 k €46,1 k €
EBITDA70,1 k €71,1 k €60,1 k €59,4 k €60,2 k €51,5 k €54,5 k €56,4 k €54,3 k €41,8 k €
Operating result50,3 k €51,6 k €40,4 k €38,9 k €39,7 k €30 k €31,9 k €32,7 k €29,5 k €8 k €
Net result26,8 k €28,5 k €20 k €20,3 k €20,8 k €12,7 k €14,2 k €14,5 k €13,3 k €-11,2 k €
Balance sheet
Equity166,2 k €139,4 k €110,9 k €90,8 k €70,5 k €49,7 k €37 k €22,9 k €8,4 k €-4,9 k €
Total assets656,7 k €677 k €636,3 k €654,5 k €680,2 k €694,1 k €718,2 k €739,4 k €760,9 k €812,2 k €
Cash9 k €4,9 k €4,7 k €3,2 k €11,4 k €12,2 k €13,7 k €15,2 k €8 k €41,1 k €
Debts489,8 k €536,9 k €525,5 k €563,7 k €608,8 k €643,4 k €681,1 k €716,6 k €752,5 k €817 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Dany Cornelis

Director · since 19 octobre 2015

Active
Serge Defrenne

Director · since 19 octobre 2015

Active

Ended mandates

Dany Cornelis

Manager · since 19 octobre 2015

Ended
Serge Defrenne

Manager · since 19 octobre 2015

Ended
Véronique De Coster

Director · since 19 octobre 2015 · until 27 janvier 2020

Ended
Véronique De Coster

Director · since 19 octobre 2015

Ended
At this address

Other companies at this address

CompanyCBE no.
De Schrijver en Partners● Active
0819.142.531
GROEP DS&P● Active
0649.685.511
QUALITY MEAT INVESTORS● Active
0763.535.894
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 date08/06/202623/06/202511/06/202402/06/202323/06/202216/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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 model31/12/202505/06/202608/06/2026DutchPDF
Abridged model31/12/202406/06/202523/06/2025DutchPDF
Abridged model31/12/202307/06/202411/06/2024DutchPDF
Abridged model31/12/202202/06/202302/06/2023DutchPDF
Abridged model31/12/202103/06/202223/06/2022DutchPDF
Abridged model31/12/202004/06/202116/06/2021DutchPDF
Abridged model31/12/201905/06/202026/06/2020DutchPDF
Abridged model31/12/201807/06/201926/06/2019DutchPDF
Abridged model31/12/201701/06/201825/06/2018DutchPDF
Abridged model31/12/201602/06/201728/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 5 ended

Active mandates

Dany Cornelis

Director · since 19 octobre 2015

Active
Serge Defrenne

Director · since 19 octobre 2015

Active

Ended mandates

Dany Cornelis

Manager · since 19 octobre 2015

Ended
Serge Defrenne

Manager · since 19 octobre 2015

Ended
Véronique De Coster

Director · since 19 octobre 2015 · until 27 janvier 2020

Ended
Véronique De Coster

Director · since 19 octobre 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/10/2015
    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 202526,8 k €↓
  2. 2024
    Annual accounts 202428,5 k €↑
  3. 2023
    Annual accounts 202320 k €↓
  4. 2022
    Annual accounts 202220,3 k €↓
  5. 2021
    Annual accounts 202120,8 k €↑
  6. 2020
    Annual accounts 202012,7 k €↓
  7. 2019
    Annual accounts 201914,2 k €↓
  8. 2018
    Annual accounts 201814,5 k €↑
  9. 2017
    Annual accounts 201713,3 k €↑
  10. 2016
    Annual accounts 2016-11,2 k €
  11. 20/10/2015
    IncorporationPrivate limited company