ACTIVE

VANNEC

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Financial year 2025 · closed on 31/12/2025
Net result
-52,8 k €
+71.8% YoY
Gross margin
-52,1 k €
-40.9% YoY
Equity
108,7 k €
-32.7% YoY

What does VANNEC do?

VANNEC is a Private limited company incorporated in 2008. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Oostkamp.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0807.969.220
Incorporation
25/11/2008
Legal form
Private limited company
Registered office
Kortrijksestraat 412 box I
8020 Oostkamp · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
42220Construction of utility projects for electricity and telecommunications· main42220Construction of utility projects for electricity and telecommunications43211Electrical installation43211Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation+4
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin-52,1 k €-37 k €-6 k €-46,6 k €932,6 k €1,4 M €500,8 k €1,1 M €392,1 k €307,3 k €145,1 k €
EBITDA-52,6 k €-39,4 k €-11,3 k €-127,4 k €165,6 k €905,9 k €186 k €815,9 k €247,6 k €236,8 k €76,5 k €
Operating result-52,6 k €-189,1 k €-11,3 k €-127,4 k €-75,5 k €839,8 k €130,4 k €787,2 k €220,9 k €219,7 k €34,8 k €
Net result-52,8 k €-187,3 k €-11,9 k €-138,1 k €-104,6 k €576 k €63,8 k €502,7 k €140,6 k €140,9 k €15,8 k €
Balance sheet
Equity108,7 k €161,5 k €348,8 k €360,8 k €498,9 k €603,5 k €877,5 k €813,7 k €311 k €170,4 k €97,8 k €
Total assets122,3 k €162,8 k €379,6 k €384,8 k €1,4 M €3,3 M €1,5 M €2,5 M €875,9 k €635,2 k €436,7 k €
Cash91,3 €65,6 €5,2 k €17,4 k €35,5 k €254,8 k €67,5 k €152,7 k €26,1 k €15,6 k €67,7 k €
Debts13,6 k €1,3 k €30,8 k €24 k €854,4 k €2,7 M €591,3 k €1,7 M €564,8 k €464,8 k €338,9 k €
Other
Workforce–––1,7 ETP10,6 ETP15,4 ETP7,1 ETP6,9 ETP3,9 ETP2,0 ETP1,3 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 31/12/2025 · 1 active · 10 ended

Active mandates

FRANKY VANDERSCHAEGHE

Mandate

Active

Ended mandates

Vestel Electrics

Director · since 16 novembre 2019 · until 08 juin 2020 · 0707.803.753

Represented by Matthias De Vestele

Ended
Nick Baele

Manager · since 01 janvier 2015 · until 15 janvier 2016

Ended
Nick Baele

Manager · since 01 janvier 2015

Ended
Franky Vanderschaeghe

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
COOLS GARAGEPOORTEN● Active
0794.291.824
VANNEC DAKWERKEN● Bankrupt
0760.882.351
Vereniging Van Mede-Eigenaars Bedrijvenpark De Knok Oostkamp Kortrijksestraat 412● Active
0765.183.708
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/04/202001/04/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/03/2020
Length of the financial year12 months12 months12 months12 months21 months12 months
Filing date10/07/202611/08/202529/06/202429/06/202328/06/202228/09/2020
General meeting13/06/202614/06/202508/06/202410/06/202311/06/202226/09/2020
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202513/06/202610/07/2026DutchPDF
Abridged model31/12/202414/06/202511/08/2025DutchPDF
Abridged model31/12/202308/06/202429/06/2024DutchPDF
Abridged model31/12/202210/06/202329/06/2023DutchPDF
Abridged model31/12/202111/06/202228/06/2022DutchPDF
Abridged model31/03/202026/09/202028/09/2020DutchPDF
Abridged model31/03/201928/09/201901/10/2019DutchPDF
Abridged model31/03/201822/09/201824/09/2018DutchPDF
Abridged model31/03/201723/09/201726/09/2017DutchPDF
Abridged model31/03/201624/09/201628/10/2016DutchPDF
Abridged model31/03/201526/09/201530/09/2015DutchPDF
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 · 1 active · 10 ended

Active mandates

FRANKY VANDERSCHAEGHE

Mandate

Active

Ended mandates

Vestel Electrics

Director · since 16 novembre 2019 · until 08 juin 2020 · 0707.803.753

Represented by Matthias De Vestele

Ended
Nick Baele

Manager · since 01 janvier 2015 · until 15 janvier 2016

Ended
Nick Baele

Manager · since 01 janvier 2015

Ended
Franky Vanderschaeghe

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/05/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates24/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/01/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/03/2015
    ONTSLAGEN - BENOEMINGEN
    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 2025-52,8 k €↑
  2. 2024
    Annual accounts 2024-187,3 k €↓
  3. 2023
    Annual accounts 2023-11,9 k €↑
  4. 2022
    Annual accounts 2022-138,1 k €↓
  5. 2021
    Annual accounts 2021-104,6 k €↓
  6. 2020
    Annual accounts 2020576 k €↑
  7. 2019
    Annual accounts 201963,8 k €↓
  8. 2018
    Annual accounts 2018502,7 k €↑
  9. 2017
    Annual accounts 2017140,6 k €↓
  10. 2016
    Annual accounts 2016140,9 k €↑
  11. 2015
    Annual accounts 201515,8 k €
  12. 25/11/2008
    IncorporationPrivate limited company