ACTIVE

VANDERKEULEN SONDERINGEN

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Financial year 2025 · closed on 31/12/2025

Net result

236,9 k €

-44.0% YoY

Gross margin

526,2 k €

-13.4% YoY

Equity

186,5 k €

-43.9% YoY

Workforce

2,2 ETP

-4.3% YoY

What does VANDERKEULEN SONDERINGEN do?

VANDERKEULEN SONDERINGEN is a Private limited company incorporated in 2009. Its main activity is: Test drilling and boring. Its registered office is in Brugge. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.094.321

Incorporation

12/01/2009

Legal form

Private limited company

Registered office

Pathoekeweg 9B box 2
8000 Brugge · FlandreSee on map

Contributed capital

65 000,00 €

Latest accounts

31/12/2025

Average workforce

2,2 ETP

Activities (NACE)

43130Test drilling and boring· main 43130Test drilling and boring 71111Architectural activities 71111Architectural activities

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	526,2 k €	-13.4%	607,9 k €	+11.6%	544,7 k €	+23.2%	442,3 k €	-5.2%	466,6 k €	+55.9%	299,3 k €	-9.6%	331 k €	+13.4%	291,8 k €	+5.3%	277 k €	+43.7%	192,8 k €	-3.8%	200,3 k €	+67.6%	119,5 k €	-9.6%	132,2 k €	-32.2%	195 k €	+10.7%	176,2 k €	+2.1%	172,6 k €
EBITDA	352,9 k €	-24.1%	464,7 k €	+10.6%	420,2 k €	+25.2%	335,6 k €	-5.3%	354,4 k €	+80.0%	196,9 k €	-16.4%	235,7 k €	+13.4%	207,7 k €	-0.6%	208,9 k €	+65.1%	126,5 k €	-9.1%	139,1 k €	+109%	66,5 k €	-18.1%	81,2 k €	-44.6%	146,5 k €	+9.9%	133,3 k €	-21.9%	170,7 k €
Operating result	313,4 k €	-25.7%	422 k €	+14.6%	368,1 k €	+20.9%	304,4 k €	-11.8%	345,4 k €	+82.8%	188,9 k €	-16.6%	226,6 k €	+12.1%	202,2 k €	-0.8%	203,9 k €	+64.4%	124 k €	+15.4%	107,4 k €	+219%	33,7 k €	-21.5%	42,9 k €	-61.7%	112,2 k €	+39.8%	80,2 k €	+111%	38 k €
Net result	236,9 k €	-44.0%	423,2 k €	+14.8%	368,8 k €	+22.2%	301,8 k €	+16.8%	258,4 k €	+80.6%	143,1 k €	-4.6%	150 k €	+9.2%	137,3 k €	+13.3%	121,3 k €	+49.7%	81 k €	+20.4%	67,3 k €	+200%	22,4 k €	-16.6%	26,9 k €	-62.7%	72 k €	+42.9%	50,4 k €	+298%	12,7 k €
Balance sheet
Equity	186,5 k €	-43.9%	332,6 k €	-22.9%	431,4 k €	-29.6%	612,6 k €	+7.3%	570,8 k €	-11.7%	646,3 k €	+1.3%	638,3 k €	+30.7%	488,3 k €	+7.9%	452,6 k €	+36.6%	331,4 k €	+32.4%	250,4 k €	+33.1%	188,1 k €	+10.2%	170,7 k €	+6.6%	160,1 k €	+72.0%	93,1 k €	+95.2%	47,7 k €
Total assets	632,7 k €	-29.3%	895,5 k €	+8.7%	823,9 k €	-20.6%	1 M €	+0.6%	1 M €	+3.9%	992,1 k €	+30.9%	758,1 k €	+30.6%	580,3 k €	+20.9%	480 k €	+14.7%	418,6 k €	+39.1%	300,9 k €	-28.9%	423,3 k €	+47.4%	287,3 k €	-12.2%	327,3 k €	+4.0%	314,8 k €	+21.0%	260,2 k €
Cash	402,8 k €	-1.2%	407,6 k €	+23.1%	331 k €	-5.8%	351,4 k €	-41.4%	599,3 k €	-26.5%	815,9 k €	+53.8%	530,4 k €	+28.9%	411,6 k €	+20.2%	342,5 k €	+2.2%	335,3 k €	+74.2%	192,5 k €	-19.5%	239,1 k €	+83.2%	130,5 k €	+6.6%	122,5 k €	+33.7%	91,6 k €	+61.4%	56,7 k €
Debts	446,2 k €	-20.7%	562,8 k €	+43.4%	392,5 k €	-7.6%	425 k €	-7.7%	460,3 k €	+33.1%	345,8 k €	+188%	119,9 k €	+30.2%	92,1 k €	+237%	27,3 k €	-68.6%	87,2 k €	+72.4%	50,6 k €	-78.5%	235,3 k €	+106%	114 k €	-31.8%	167,1 k €	-24.5%	221,4 k €	+4.2%	212,5 k €
Other
Workforce	2,2 ETP	-4.3%	2,3 ETP	+15.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-9.1%	2,2 ETP	+15.8%	1,9 ETP	+46.2%	1,3 ETP	+18.2%	1,1 ETP	-15.4%	1,3 ETP	+18.2%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 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 · 6 ended

Active mandates

Studibo Belgium

Director · since 01 juillet 2025 · 0789.522.689

Represented by Karel Verhaeghe

Active

VANDERKEULEN - VAN LOO

Director · since 22 décembre 2022 · 0794.775.636

Represented by Lodewijk Vanderkeulen

Active

Ended mandates

VANDERKEULEN - VAN LOO

Director · since 22 décembre 2022 · 0794.775.636

Represented by Lodewijk Vanderkeulen

Ended

Lodewijk Vanderkeulen

Director · since 01 janvier 2022 · until 22 décembre 2022

Ended

Lodewijk Vanderkeulen

Director

Ended

Lodewijk Vanderkeulen

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	25/07/2025	26/07/2024	29/06/2023	14/07/2022	06/07/2021
General meeting	16/06/2026	11/06/2025	09/05/2024	16/05/2023	01/02/2022	01/02/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/06/2026	08/07/2026	Dutch	PDF
Abridged model	31/12/2024	11/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	09/05/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/05/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/02/2022	14/07/2022	Dutch	PDF
Abridged model	31/12/2020	01/02/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	01/02/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	01/02/2019	16/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/02/2018	17/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/02/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/02/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	02/02/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	01/02/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/02/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/02/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/02/2011	18/08/2011	Dutch	PDF

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 · 6 ended

Active mandates

Studibo Belgium

Director · since 01 juillet 2025 · 0789.522.689

Represented by Karel Verhaeghe

Active

VANDERKEULEN - VAN LOO

Director · since 22 décembre 2022 · 0794.775.636

Represented by Lodewijk Vanderkeulen

Active

Ended mandates

VANDERKEULEN - VAN LOO

Director · since 22 décembre 2022 · 0794.775.636

Represented by Lodewijk Vanderkeulen

Ended

Lodewijk Vanderkeulen

Director · since 01 janvier 2022 · until 22 décembre 2022

Ended

Lodewijk Vanderkeulen

Director

Ended

Lodewijk Vanderkeulen

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/09/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates06/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/02/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other22/01/2009
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

2025
Annual accounts 2025236,9 k €↓
2024
Annual accounts 2024423,2 k €↑
2023
Annual accounts 2023368,8 k €↑
2022
Annual accounts 2022301,8 k €↑
2021
Annual accounts 2021258,4 k €↑
2020
Annual accounts 2020143,1 k €↓
2019
Annual accounts 2019150 k €↑
2018
Annual accounts 2018137,3 k €↑
2017
Annual accounts 2017121,3 k €↑
2016
Annual accounts 201681 k €↑
2015
Annual accounts 201567,3 k €↑
2014
Annual accounts 201422,4 k €↓
2013
Annual accounts 201326,9 k €↓
2012
Annual accounts 201272 k €↑
2011
Annual accounts 201150,4 k €↑
2010
Annual accounts 201012,7 k €
12/01/2009
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VANDERKEULEN SONDERINGEN

Overview

What does VANDERKEULEN SONDERINGEN do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline