ACTIVE

VAB

Financial year 2025 · closed on 31/12/2025
Net result
-5,3 k €
-135.8% YoY
Gross margin
258,9 k €
-13.6% YoY
Equity
4,4 k €
-54.4% YoY

What does VAB do?

VAB is a Non-profit organization incorporated in 2019. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0736.755.382
Incorporation
24/10/2019
Legal form
Non-profit organization
Registered office
Pastoor Coplaan 100
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 337
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin258,9 k €299,8 k €251,8 k €219,8 k €221,6 k €208,9 k €
EBITDA6,8 k €28,7 k €5,2 k €7,6 k €7 k €94,6 €
Operating result-4,6 k €17,4 k €-4,4 k €819,1 €747,5 €67,3 €
Net result-5,3 k €14,7 k €-5 k €3,5 k €-3,5 k €
Balance sheet
Equity4,4 k €9,7 k €-5 k €-3,5 k €
Total assets170,6 k €132,6 k €50,8 k €79,6 k €100,7 k €92,7 k €
Cash116 k €106,1 k €10,9 k €57,3 k €71,7 k €90 k €
Debts166,2 k €122,7 k €55,5 k €69,3 k €100,7 k €96,2 k €
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 31/12/2025 · 3 active · 9 ended

Active mandates

Michaël Gabriëls

Director · since 11 décembre 2025 · until 05 juin 2028

Active
Geert Markey

Managing director · since 07 juin 2025 · until 06 juin 2028

Active
Nele Vandaele

Chairman of the board of directors · since 07 juin 2025 · until 06 juin 2028

Active

Ended mandates

Geert Markey

Managing director · since 23 octobre 2022 · until 06 juin 2025

Ended
Geert Popelier

Director · since 23 octobre 2022 · until 01 février 2024

Ended
Geert Popelier

Director · since 23 octobre 2022 · until 06 juin 2025

Ended
Marc Tijssens

Director · since 23 octobre 2022 · until 06 juin 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
24+Active
0895.810.836
Groep VABActive
0456.920.676
VABActive
0436.267.594
0866.583.053
0435.357.180
VAB WegenwachtActive
0459.070.118
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202122/10/2019
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 months15 months
Filing date30/06/202624/06/202504/07/202423/07/202313/06/202217/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/06/202630/06/2026DutchPDF
Micro model31/12/202406/06/202524/06/2025DutchPDF
Micro model31/12/202307/06/202404/07/2024DutchPDF
Micro model31/12/202202/06/202323/07/2023DutchPDF
Micro model31/12/202103/06/202213/06/2022DutchPDF
Micro model31/12/202004/06/202117/06/2021DutchPDF
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 31/12/2025 · 3 active · 9 ended

Active mandates

Michaël Gabriëls

Director · since 11 décembre 2025 · until 05 juin 2028

Active
Geert Markey

Managing director · since 07 juin 2025 · until 06 juin 2028

Active
Nele Vandaele

Chairman of the board of directors · since 07 juin 2025 · until 06 juin 2028

Active

Ended mandates

Geert Markey

Managing director · since 23 octobre 2022 · until 06 juin 2025

Ended
Geert Popelier

Director · since 23 octobre 2022 · until 01 février 2024

Ended
Geert Popelier

Director · since 23 octobre 2022 · until 06 juin 2025

Ended
Marc Tijssens

Director · since 23 octobre 2022 · until 06 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/10/2019
    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 2025-5,3 k €
  2. 2024
    Annual accounts 202414,7 k €
  3. 2023
    Annual accounts 2023-5 k €
  4. 2022
    Annual accounts 2022
  5. 2021
    Annual accounts 20213,5 k €
  6. 2020
    Annual accounts 2020-3,5 k €
  7. 24/10/2019
    IncorporationNon-profit organization