ACTIVE

VADECRO

Financial year 2025 · closed on 30/06/2025
Net result
26,9 k €
+68.9% YoY
Gross margin
39 k €
+62.5% YoY
Equity
281,3 k €
+10.6% YoY

What does VADECRO do?

VADECRO is a Public limited company incorporated in 2017. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Ieper.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0686.758.713
Incorporation
22/12/2017
Legal form
Public limited company
Registered office
Grote Markt 28
8900 Ieper · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin39 k €24 k €24 k €16,7 k €17,9 k €16,5 k €38,8 k €16,3 k €
EBITDA38,2 k €23,2 k €23,6 k €15,3 k €17 k €16,5 k €38,2 k €15,5 k €
Operating result38,2 k €23,2 k €23,6 k €15,3 k €17 k €16,5 k €38,2 k €15,5 k €
Net result26,9 k €15,9 k €15,8 k €9,5 k €10,5 k €102 k €28 k €10,6 k €
Balance sheet
Equity281,3 k €254,4 k €238,4 k €222,6 k €213,1 k €202,6 k €100,6 k €72,6 k €
Total assets422,7 k €381,5 k €394,2 k €385,8 k €408,4 k €397,9 k €418,8 k €370,2 k €
Cash36,3 €324,5 €1,1 k €612 €2,1 k €671,6 €28 k €40 k €
Debts141,5 k €127,1 k €155,8 k €163,2 k €195,3 k €193,2 k €318,2 k €297,6 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 8 ended

Active mandates

OTINVEST

Managing director · since 25 juin 2021 · 0749.944.810

Represented by Otis Meersch

Active
SAMINVEST

Managing director · since 25 juin 2021 · 0758.377.870

Represented by Sam Van Weehaeghe-Meeuws

Active

Ended mandates

Jürgen CROMBEZ

Chairman of the board of directors · since 22 décembre 2017 · until 09 décembre 2023

Ended
Lars DECLOEDT

Director · since 22 décembre 2017 · until 09 décembre 2023

Ended
Rudi DECLERCQ

Director · since 22 décembre 2017 · until 09 décembre 2023

Ended
Sam VAN WEEHAEGE-MEEUWS

Managing director · since 22 décembre 2017 · until 09 décembre 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
DE TROMPETActive
0414.624.124
MEEVAActive
0777.280.794
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/03/202612/03/202528/02/202410/02/202323/02/202229/10/2020
General meeting13/12/202514/12/202409/12/202310/12/202211/12/202112/09/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202513/12/202501/03/2026DutchPDF
Abridged model30/06/202414/12/202412/03/2025DutchPDF
Abridged model30/06/202309/12/202328/02/2024DutchPDF
Micro model30/06/202210/12/202210/02/2023DutchPDF
Micro model30/06/202111/12/202123/02/2022DutchPDF
Abridged model30/06/202012/09/202029/10/2020DutchPDF
Abridged model30/06/201920/08/201926/08/2019DutchPDF
Abridged model30/06/201829/01/201919/02/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 2 active · 8 ended

Active mandates

OTINVEST

Managing director · since 25 juin 2021 · 0749.944.810

Represented by Otis Meersch

Active
SAMINVEST

Managing director · since 25 juin 2021 · 0758.377.870

Represented by Sam Van Weehaeghe-Meeuws

Active

Ended mandates

Jürgen CROMBEZ

Chairman of the board of directors · since 22 décembre 2017 · until 09 décembre 2023

Ended
Lars DECLOEDT

Director · since 22 décembre 2017 · until 09 décembre 2023

Ended
Rudi DECLERCQ

Director · since 22 décembre 2017 · until 09 décembre 2023

Ended
Sam VAN WEEHAEGE-MEEUWS

Managing director · since 22 décembre 2017 · until 09 décembre 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring06/12/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/07/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other28/12/2017
    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 202526,9 k €
  2. 2024
    Annual accounts 202415,9 k €
  3. 2023
    Annual accounts 202315,8 k €
  4. 2022
    Annual accounts 20229,5 k €
  5. 2021
    Annual accounts 202110,5 k €
  6. 2020
    Annual accounts 2020102 k €
  7. 2019
    Annual accounts 201928 k €
  8. 2018
    Annual accounts 201810,6 k €
  9. 22/12/2017
    IncorporationPublic limited company