ACTIVE

VANDU

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Financial year 2025 · closed on 31/12/2025
Net result
14,7 k €
-67.4% YoY
Gross margin
216,4 k €
+2.4% YoY
Equity
3,1 M €
+0.5% YoY
Workforce
0,0 ETP

What does VANDU do?

VANDU is a Public limited company incorporated in 2020. Its registered office is in Avelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0754.374.542
Incorporation
14/09/2020
Legal form
Public limited company
Registered office
Leynseelstraat 154
8580 Avelgem · FlandreSee on map
Contributed capital
2 962 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin216,4 k €211,2 k €215,3 k €191,1 k €144,4 k €
EBITDA175,6 k €171,7 k €177,2 k €156,8 k €115,8 k €
Operating result85,6 k €81,7 k €87,2 k €66,8 k €39,6 k €
Net result14,7 k €45,3 k €51,3 k €35,7 k €17,4 k €
Balance sheet
Equity3,1 M €3,1 M €3,1 M €3 M €3 M €
Total assets8 M €7 M €4,2 M €4,3 M €4,5 M €
Cash29,5 k €31,9 k €6,8 k €2,9 k €2,4 k €
Debts4,9 M €3,9 M €1,1 M €1,3 M €1,5 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Gilles Vantieghem

Director · since 02 mai 2022

Active
GILVA

Director · since 09 septembre 2020 · 0471.764.052

Represented by Vantieghem Piet

Active

Ended mandates

GILVA

Director · since 09 septembre 2020 · 0471.764.052

Represented by Vantieghem PIET

Ended
GILVA

Director · since 09 septembre 2020 · until 09 juin 2026 · 0471.764.052

Represented by Piet Vantieghem

Ended
ODON

Director · since 09 septembre 2020 · until 09 juin 2026 · 0891.999.528

Represented by Hilde Famaey

Ended
Gilles Vantieghem

Director

Ended
At this address

Other companies at this address

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0560.759.572
ERIK VANTIEGHEM● Active
0441.709.492
GILVA● Active
0471.764.052
Groep Vantieghem BTW-eenheid● Active
0647.597.140
GUVVI● Active
0473.090.180
INPALCO● Active
0460.177.502
PV Management● Active
0642.720.020
SiVaTrans● Active
0662.580.868
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202209/09/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months16 months
Filing date16/06/202612/06/202512/06/202425/08/202325/04/2022
General meeting09/06/202610/06/202511/06/202420/08/202325/04/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/06/202616/06/2026DutchPDF
Abridged model31/12/202410/06/202512/06/2025DutchPDF
Abridged model31/12/202311/06/202412/06/2024DutchPDF
Abridged model31/12/202220/08/202325/08/2023DutchPDF
Abridged model31/12/202125/04/202225/04/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 4 ended

Active mandates

Gilles Vantieghem

Director · since 02 mai 2022

Active
GILVA

Director · since 09 septembre 2020 · 0471.764.052

Represented by Vantieghem Piet

Active

Ended mandates

GILVA

Director · since 09 septembre 2020 · 0471.764.052

Represented by Vantieghem PIET

Ended
GILVA

Director · since 09 septembre 2020 · until 09 juin 2026 · 0471.764.052

Represented by Piet Vantieghem

Ended
ODON

Director · since 09 septembre 2020 · until 09 juin 2026 · 0891.999.528

Represented by Hilde Famaey

Ended
Gilles Vantieghem

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office21/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares30/03/2021
    DOEL - KAPITAAL - AANDELEN
    PDF
  • Other16/09/2020
    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 202514,7 k €↓
  2. 2024
    Annual accounts 202445,3 k €↓
  3. 2023
    Annual accounts 202351,3 k €↑
  4. 2022
    Annual accounts 202235,7 k €↑
  5. 2021
    Annual accounts 202117,4 k €
  6. 14/09/2020
    IncorporationPublic limited company