ACTIVE

VRH GROUP

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Financial year 2026 · closed on 31/03/2026
Net result
2,1 k €
-87.9% YoY
Gross margin
3,9 k €
-83.6% YoY
Equity
1,2 k €
+249.1% YoY

What does VRH GROUP do?

VRH GROUP is a Private limited company incorporated in 2021. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Ardooie.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0768.802.204
Incorporation
27/05/2021
Legal form
Private limited company
Registered office
Wezestraat 51
8850 Ardooie · FlandreSee on map
Contributed capital
60,00 €
Latest accounts
31/03/2026
Activities (NACE)
74901Other professional, scientific and technical activities n.e.c.· main74991Other professional, scientific and technical activities n.e.c.43211Electrical installation43211Electrical installation
Contacts
1 public detail availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2026202520242023
Income statement
Gross margin3,9 k €23,6 k €11,4 k €-19,3 k €
EBITDA3,3 k €17,9 k €7 k €-19,4 k €
Operating result3,3 k €17,6 k €4,6 k €-22,2 k €
Net result2,1 k €17,2 k €4,4 k €-22,4 k €
Balance sheet
Equity1,2 k €-832,7 €-18 k €-22,4 k €
Total assets7,7 k €29 k €13,5 k €2,1 k €
Cash7,7 k €447,2 €313,9 €344,1 €
Debts6,5 k €29,9 k €31,5 k €24,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 3 ended

Active mandates

GEERT DECEUNINCK

Director · since 14 mars 2025

Active
THIBEAU VERHAEGHE

Director · since 25 mai 2021

Active

Ended mandates

THIBEAU VERHAEGHE

Director · since 27 mai 2021

Ended
Thibeau Verhaeghe

Mandate

Ended
THIBEAU VERHAEGHE

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
DECAM KOELTECHNIEK● Active
0888.316.595
DECEUNINCK AGRO● Active
0809.596.642
DESUTTER MARC KOELTECHNIEK● Active
0422.269.110
Annual accounts

Full financial information

2026202520242023
Type of accountMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202327/05/2021
Closing of the financial year31/03/202631/03/202531/03/202431/03/2023
Length of the financial year12 months12 months12 months23 months
Filing date21/09/202625/09/202530/09/202431/10/2023
General meeting19/09/202620/09/202521/09/202430/09/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202619/09/202621/09/2026DutchPDF
Micro model31/03/202520/09/202525/09/2025DutchPDF
Micro model31/03/202421/09/202430/09/2024DutchPDF
Abridged model31/03/202330/09/202331/10/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/03/2026 · 2 active · 3 ended

Active mandates

GEERT DECEUNINCK

Director · since 14 mars 2025

Active
THIBEAU VERHAEGHE

Director · since 25 mai 2021

Active

Ended mandates

THIBEAU VERHAEGHE

Director · since 27 mai 2021

Ended
Thibeau Verhaeghe

Mandate

Ended
THIBEAU VERHAEGHE

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/05/2021
    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. 2026
    Annual accounts 20262,1 k €↓
  2. 2025
    Annual accounts 202517,2 k €↑
  3. 2024
    Annual accounts 20244,4 k €↑
  4. 2023
    Annual accounts 2023-22,4 k €
  5. 27/05/2021
    IncorporationPrivate limited company