ACTIVE

VDD PROJECT DEVELOPMENT

Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
+964.6% YoY
Revenue
2,6 M €
+15.1% YoY
Equity
7,6 M €
+25.4% YoY
Workforce
4,2 ETP
+7.7% YoY

What does VDD PROJECT DEVELOPMENT do?

VDD PROJECT DEVELOPMENT is a Private limited company incorporated in 2010. Its main activity is: Development of building projects. Its registered office is in Brugge. It employs on average 4,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0826.235.310
Incorporation
28/05/2010
Legal form
Private limited company
Registered office
Sint-Jakobsstraat 70
8000 Brugge · FlandreSee on map
Contributed capital
1 018 600,00 €
Latest accounts
31/12/2025
Average workforce
4,2 ETP
Joint committees (2)
  • 200
  • 2000
Signals
ProfitableGood liquidityPositive cashflowHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120182017201620152014201320122011
Income statement
Revenue2,6 M €2,3 M €13,2 M €
EBITDA-604,4 k €-1,2 M €259,8 k €892,6 k €729,1 k €5,7 k €23,3 k €21,7 k €11,8 k €80,2 k €61 k €57,6 k €-5 k €
Operating result-720,3 k €-1,3 M €203,3 k €868,6 k €706 k €5,7 k €23,3 k €21,7 k €11,8 k €80,2 k €61 k €57,6 k €-5 k €
Net result1,5 M €144,7 k €929,5 k €2,5 M €151,8 k €4,1 k €2,1 k €2,4 k €7,7 k €35,2 k €25,3 k €31,8 k €-16,5 k €
Balance sheet
Equity7,6 M €6,1 M €5,9 M €4,7 M €2,3 M €1,1 M €1,1 M €104,4 k €102 k €94,4 k €59,2 k €33,9 k €2,1 k €
Total assets76,8 M €69,5 M €61,4 M €54,7 M €50,8 M €20,9 M €15,6 M €8 M €314,9 k €485 k €4 M €4,4 M €1,1 M €
Cash467,1 k €1,8 M €1,6 M €3,9 M €1,8 M €134,4 k €2,5 M €45,8 k €24,1 k €331,3 k €60,9 k €19,2 k €93,5 k €
Debts68,4 M €62,9 M €55,2 M €50 M €48,4 M €19,6 M €14,4 M €7,8 M €212,9 k €390,6 k €3,9 M €4,4 M €1,1 M €
Other
Workforce4,2 ETP3,9 ETP3,1 ETP2,0 ETP0,8 ETP1,0 ETP0,1 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

JOMABRIFI

Director · 0446.114.975

Represented by Vandendriessche Johan

Active
TDV REAL ESTATE INVESTMENTS

Director · 0736.958.785

Represented by Thibaut De Vos

Active

Ended mandates

4 U 22

Manager · since 23 décembre 2014 · 0897.407.673

Ended
JOMABRIFI

Manager · since 23 décembre 2014 · 0446.114.975

Ended
4 U 22

Manager · 0897.407.673

Ended
JOMABRIFI

Administrator - manager · 0446.114.975

Represented by Johan Vandendriessche

Ended
At this address

Other companies at this address

CompanyCBE no.
BELURIAActive
0456.843.373
Hof de GrosActive
0436.094.974
Huis van HammeActive
0734.496.668
0741.957.156
JOMABRIFIActive
0446.114.975
LindenleiActive
0786.213.506
PATRIBOActive
0430.133.830
SABLONActive
0458.749.325
0758.767.058
THE DOMEActive
0711.961.291
VDD LLActive
0786.213.011
VDD WKActive
0749.769.418
VDD WRActive
0727.622.041
VV de MérodeActive
1024.803.713
VV RESIDENCESActive
0664.498.401
WEYLERKAZERNEActive
0734.496.272
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date22/06/202623/06/202504/07/202430/06/202320/07/202230/07/2021
General meeting19/06/202620/05/202521/06/202416/06/202330/06/202230/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202622/06/2026DutchPDF
Full model31/12/202420/05/202523/06/2025DutchPDF
Full model31/12/202321/06/202404/07/2024DutchPDF
Abridged model31/12/202216/06/202330/06/2023DutchPDF
Abridged model31/12/202130/06/202220/07/2022DutchPDF
Abridged model31/12/202030/06/202130/07/2021DutchPDF
Abridged model31/12/201930/06/202009/07/2020DutchPDF
Abridged model31/12/201821/06/201919/07/2019DutchPDF
Abridged model31/12/201715/06/201809/07/2018DutchPDF
Abridged model31/12/201616/06/201714/07/2017DutchPDF
Abridged model31/12/201525/03/201604/04/2016DutchPDF
Abridged model30/09/201415/12/201419/01/2015DutchPDF
Abridged model30/09/201321/02/201419/03/2014DutchPDF
Abridged model30/09/201215/02/201314/03/2013DutchPDF
Abridged model30/09/201117/02/201229/02/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 7 ended

Active mandates

JOMABRIFI

Director · 0446.114.975

Represented by Vandendriessche Johan

Active
TDV REAL ESTATE INVESTMENTS

Director · 0736.958.785

Represented by Thibaut De Vos

Active

Ended mandates

4 U 22

Manager · since 23 décembre 2014 · 0897.407.673

Ended
JOMABRIFI

Manager · since 23 décembre 2014 · 0446.114.975

Ended
4 U 22

Manager · 0897.407.673

Ended
JOMABRIFI

Administrator - manager · 0446.114.975

Represented by Johan Vandendriessche

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/05/2020
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/05/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/04/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring08/04/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Capital / shares18/12/2017
    KAPITAAL - AANDELEN
    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. 19/06/2026
    reconductionCALLENS VANDELANOTTE NV — commissaris
  2. 2025
    Annual accounts 20251,5 M €
  3. 2024
    Annual accounts 2024144,7 k €
  4. 2023
    Annual accounts 2023929,5 k €
  5. 27/12/2023
    nominationTDV Real Estate Investments — statutair bestuurder
  6. 11/10/2023
    nominationNV CALLENS VANDELANOTTE — commissaris
  7. 2022
    Annual accounts 20222,5 M €
  8. 2021
    Annual accounts 2021151,8 k €
  9. 2018
    Annual accounts 20184,1 k €
  10. 2017
    Annual accounts 20172,1 k €
  11. 2016
    Annual accounts 20162,4 k €
  12. 2016
    Name changeVDD PROJECT DEVELOPMENT
  13. 2015
    Annual accounts 20157,7 k €
  14. 2014
    Annual accounts 201435,2 k €
  15. 2013
    Annual accounts 201325,3 k €
  16. 2012
    Annual accounts 201231,8 k €
  17. 2011
    Annual accounts 2011-16,5 k €
  18. 2011
    Name changeABS GOLD
  19. 28/05/2010
    IncorporationPrivate limited company