ACTIVE

VDS Groep

Financial year 2025 · closed on 31/12/2025
Net result
73,1 k €
-54.4% YoY
Revenue
1,3 M €
-1.4% YoY
Equity
200,3 k €
+2.6% YoY
Workforce
6,9 ETP
+3.0% YoY

What does VDS Groep do?

VDS Groep is a Private limited company incorporated in 2019. Its main activity is: Technical testing and analysis. Its registered office is in Kortrijk. It employs on average 6,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0737.431.315
Incorporation
05/11/2019
Legal form
Private limited company
Registered office
Meensesteenweg(Bis) 96
8501 Kortrijk · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
6,9 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Revenue1,3 M €1,3 M €1 M €560,4 k €677,5 k €296,6 k €
EBITDA225,8 k €316,1 k €292,4 k €24,6 k €187,3 k €101,5 k €
Operating result112,2 k €228 k €226 k €-52,5 k €126,7 k €84,4 k €
Net result73,1 k €160,2 k €177,2 k €-66,5 k €101,7 k €72,7 k €
Balance sheet
Equity200,3 k €195,2 k €185 k €117,8 k €184,4 k €82,7 k €
Total assets831,6 k €906,4 k €796,1 k €679,3 k €758,5 k €428,7 k €
Cash106,6 k €163,3 k €191,6 k €37,5 k €
Debts630 k €711 k €610,9 k €561,4 k €574,1 k €345,9 k €
Other
Workforce6,9 ETP6,7 ETP5,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Frank PAUWELS

Director · since 29 octobre 2019

Active
Kevin PAUWELS

Director · since 29 octobre 2019

Active
At this address

Other companies at this address

CompanyCBE no.
0414.322.929
VDS-ProjectsActive
0789.884.460
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202129/10/2019
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 date05/06/202624/06/202527/08/202416/08/202328/06/202228/06/2021
General meeting16/05/202624/05/202518/05/202420/05/202321/05/202215/05/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/05/202605/06/2026DutchPDF
Abridged model31/12/202424/05/202524/06/2025DutchPDF
Abridged model31/12/202318/05/202427/08/2024DutchPDF
Micro model31/12/202220/05/202316/08/2023DutchPDF
Micro model31/12/202121/05/202228/06/2022DutchPDF
Micro model31/12/202015/05/202128/06/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active

Active mandates

Frank PAUWELS

Director · since 29 octobre 2019

Active
Kevin PAUWELS

Director · since 29 octobre 2019

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other07/11/2019
    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 202573,1 k €
  2. 2024
    Annual accounts 2024160,2 k €
  3. 2023
    Annual accounts 2023177,2 k €
  4. 2022
    Annual accounts 2022-66,5 k €
  5. 2021
    Annual accounts 2021101,7 k €
  6. 2020
    Annual accounts 202072,7 k €
  7. 05/11/2019
    IncorporationPrivate limited company