ACTIVE

VG-Project

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Financial year 2025 · closed on 31/12/2025
Net result
57,9 k €
+29.0% YoY
Gross margin
81,8 k €
+14.9% YoY
Equity
203,5 k €
+32.3% YoY
Workforce
0,0 ETP

What does VG-Project do?

VG-Project is a Private limited company incorporated in 2015. Its main activity is: Freight transport by road. Its registered office is in Lede.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0643.621.526
Incorporation
26/11/2015
Legal form
Private limited company
Registered office
Steenstraat 156
9340 Lede · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
49410Freight transport by road· main49410Freight transport by road43110Demolition43110Demolition43120Site preparation43120Site preparation
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172016
Income statement
Gross margin81,8 k €71,2 k €72,2 k €29,9 k €45,7 k €43,9 k €47,5 k €21,4 k €
EBITDA81,2 k €61 k €71,5 k €29 k €44,8 k €42,9 k €46,5 k €19,9 k €
Operating result75,8 k €58,4 k €70 k €27,6 k €44,1 k €41,9 k €45,4 k €18,8 k €
Net result57,9 k €44,9 k €49,5 k €18,6 k €32,2 k €28,9 k €27,2 k €10,5 k €
Balance sheet
Equity203,5 k €153,9 k €125,1 k €107,3 k €117,5 k €72,8 k €43,8 k €16,7 k €
Total assets234,7 k €185,4 k €179,8 k €156,5 k €141,4 k €84,8 k €46,9 k €25,9 k €
Cash135,7 k €31,1 k €122,7 k €107,4 k €112,1 k €60 k €8,9 k €13 k €
Debts29,5 k €30,9 k €54,5 k €49 k €23,7 k €12 k €3,1 k €8,9 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Johan Marc Van Gijseghem

Director · since 23 novembre 2015

Active

Ended mandates

Johan Marc Van Gijseghem

Mandate · since 23 novembre 2015

Ended
Johan Marc Van Gijseghem

Manager · since 23 novembre 2015

Ended
Marc Van Gijseghem Johan

Manager · since 23 novembre 2015

Ended
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 date11/05/202615/05/202513/05/202416/05/202309/05/202229/05/2021
General meeting10/05/202611/05/202512/05/202414/05/202308/05/202209/05/2021
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 model31/12/202510/05/202611/05/2026DutchPDF
Abridged model31/12/202411/05/202515/05/2025DutchPDF
Abridged model31/12/202312/05/202413/05/2024DutchPDF
Abridged model31/12/202214/05/202316/05/2023DutchPDF
Abridged model31/12/202108/05/202209/05/2022DutchPDF
Abridged model31/12/202009/05/202129/05/2021DutchPDF
Abridged model31/12/201910/05/202011/05/2020DutchPDF
Micro model31/12/201812/05/201904/06/2019DutchPDF
Micro model31/12/201713/05/201829/05/2018DutchPDF
Abridged model31/12/201614/05/201722/05/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 3 ended

Active mandates

Johan Marc Van Gijseghem

Director · since 23 novembre 2015

Active

Ended mandates

Johan Marc Van Gijseghem

Mandate · since 23 novembre 2015

Ended
Johan Marc Van Gijseghem

Manager · since 23 novembre 2015

Ended
Marc Van Gijseghem Johan

Manager · since 23 novembre 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/12/2015
    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 202557,9 k €↑
  2. 2024
    Annual accounts 202444,9 k €↓
  3. 2023
    Annual accounts 202349,5 k €↑
  4. 2022
    Annual accounts 202218,6 k €↓
  5. 2021
    Annual accounts 202132,2 k €↑
  6. 2018
    Annual accounts 201828,9 k €↑
  7. 2017
    Annual accounts 201727,2 k €↑
  8. 2016
    Annual accounts 201610,5 k €
  9. 26/11/2015
    IncorporationPrivate limited company