ACTIVE

VDB GROUP

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

4,5 M €

+28.0% YoY

Gross margin

587,1 k €

-17.5% YoY

Equity

87 M €

+3.4% YoY

Workforce

10,2 ETP

-1.0% YoY

What does VDB GROUP do?

VDB GROUP is a Public limited company incorporated in 2011. Its registered office is in Roeselare. It employs on average 10,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0837.763.561

Incorporation

11/07/2011

Legal form

Public limited company

Registered office

Kaasterstraat 18
8800 Roeselare · FlandreSee on map

Contributed capital

20 456 546,37 €

Latest accounts

31/12/2025

Average workforce

10,2 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	587,1 k €	-17.5%	711,8 k €	-4.2%	742,8 k €	+4.8%	708,5 k €	-2.4%	726,2 k €	-9.6%	803,7 k €	+225%	247,6 k €	-37.6%	396,5 k €	-3.5%	410,7 k €	-7.7%	445 k €	+8.1%	411,8 k €	+0.6%	409,4 k €	-1.4%	415,3 k €	-18.8%	511,8 k €
EBITDA	-173,3 k €	-1299%	-12,4 k €	-150%	-5 k €	-185%	5,8 k €	-74.6%	22,8 k €	+389%	4,7 k €	+103%	-161,1 k €	-859%	21,2 k €	-68.7%	67,8 k €	-47.8%	129,9 k €	-22.0%	166,6 k €	-37.7%	267,4 k €	+28.7%	207,8 k €	-9.5%	229,7 k €
Operating result	-176 k €	-1079%	-14,9 k €	-180%	-5,3 k €	-192%	5,8 k €	-74.6%	22,8 k €	+389%	4,7 k €	+103%	-161,1 k €	-859%	21,2 k €	-68.7%	67,8 k €	-47.8%	129,9 k €	-22.0%	166,6 k €	-37.7%	267,4 k €	+28.7%	207,8 k €	-9.5%	229,7 k €
Net result	4,5 M €	+28.0%	3,5 M €	+86.6%	1,9 M €	+462%	338,6 k €	-98.3%	20 M €	+322%	4,7 M €	-37.5%	7,6 M €	+100%	3,8 M €	-43.1%	6,7 M €	-15.4%	7,9 M €	-25.4%	10,6 M €	+2372%	427,1 k €	+11.4%	383,5 k €	-3.1%	395,8 k €
Balance sheet
Equity	87 M €	+3.4%	84,1 M €	+3.8%	81 M €	+1.9%	79,5 M €	-0.1%	79,6 M €	+32.7%	60 M €	+7.9%	55,6 M €	+14.5%	48,5 M €	+7.6%	45,1 M €	-5.6%	47,8 M €	+18.7%	40,3 M €	+33.9%	30,1 M €	+0.3%	30 M €	+1.3%	29,6 M €
Total assets	111,3 M €	+10.2%	101 M €	+23.6%	81,7 M €	+1.9%	80,1 M €	-0.1%	80,2 M €	+31.9%	60,8 M €	+8.2%	56,2 M €	+14.8%	49 M €	+7.5%	45,5 M €	-5.6%	48,2 M €	+18.5%	40,7 M €	+33.6%	30,5 M €	+1.4%	30 M €	+1.3%	29,7 M €
Cash	5,7 M €	-18.6%	7 M €	-56.4%	15,9 M €	+8.9%	14,6 M €	-20.5%	18,4 M €	+51.6%	12,1 M €	+31.7%	9,2 M €	+362%	2 M €	-87.6%	16 M €	-14.7%	18,8 M €	+66.7%	11,3 M €	+971%	1,1 M €	+63.7%	643,5 k €	+146%	261,7 k €
Debts	24,2 M €	+47.4%	16,4 M €	+2223%	705,7 k €	+10.9%	636,1 k €	-2.0%	648,9 k €	-23.9%	852,9 k €	+36.3%	625,7 k €	+48.1%	422,5 k €	-3.4%	437,3 k €	+1.3%	431,5 k €	-0.3%	432,8 k €	+10.1%	393 k €	+747%	46,4 k €	-11.0%	52,1 k €
Other
Workforce	10,2 ETP	-1.0%	10,3 ETP	-2.8%	10,6 ETP	-9.4%	11,7 ETP	+8.3%	10,8 ETP	-5.3%	11,4 ETP	+96.6%	5,8 ETP	0.0%	5,8 ETP	+7.4%	5,4 ETP	+17.4%	4,6 ETP	+21.1%	3,8 ETP	+65.2%	2,3 ETP	-34.3%	3,5 ETP	0.0%	3,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

BENNY VANDENBERGHE

Director · since 01 juillet 2023 · until 08 juin 2029

Active

BERT VANDENBERGHE

Director · since 01 juillet 2023 · until 08 juin 2029

Active

FREDERIK VANDENBERGHE

Managing director · since 01 juillet 2023 · until 08 juin 2029

Active

Ended mandates

BENNY VANDENBERGHE

Director · since 01 juillet 2017 · until 09 juin 2023

Ended

BENNY VANDENBERGHE

Director · since 01 juillet 2017 · until 30 juin 2023

Ended

BERT VANDENBERGHE

Director · since 01 juillet 2017 · until 09 juin 2023

Ended

BERT VANDENBERGHE

Director · since 01 juillet 2017 · until 30 juin 2023

Ended

At this address

Other companies at this address

Company	CBE no.
LVDB INVEST● Active	0451.413.749

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	24/07/2026	24/07/2025	19/07/2024	18/07/2023	26/07/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	13/08/2020	11/09/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	23/06/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	14/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	01/07/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 active · 17 ended

Active mandates

BENNY VANDENBERGHE

Director · since 01 juillet 2023 · until 08 juin 2029

Active

BERT VANDENBERGHE

Director · since 01 juillet 2023 · until 08 juin 2029

Active

FREDERIK VANDENBERGHE

Managing director · since 01 juillet 2023 · until 08 juin 2029

Active

Ended mandates

BENNY VANDENBERGHE

Director · since 01 juillet 2017 · until 09 juin 2023

Ended

BENNY VANDENBERGHE

Director · since 01 juillet 2017 · until 30 juin 2023

Ended

BERT VANDENBERGHE

Director · since 01 juillet 2017 · until 09 juin 2023

Ended

BERT VANDENBERGHE

Director · since 01 juillet 2017 · until 30 juin 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/08/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/11/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares27/10/2011
KAPITAAL - AANDELEN
PDF
Other13/07/2011
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 20254,5 M €↑
2024
Annual accounts 20243,5 M €↑
2023
Annual accounts 20231,9 M €↑
30/06/2023
reconductionFrederik Vandenberghe — bestuurder
30/06/2023
reconductionBenny Vandenberghe — bestuurder
30/06/2023
reconductionBert Vandenberghe — bestuurder
2022
Annual accounts 2022338,6 k €↓
2021
Annual accounts 202120 M €↑
2020
Annual accounts 20204,7 M €↓
2019
Annual accounts 20197,6 M €↑
2018
Annual accounts 20183,8 M €↓
2017
Annual accounts 20176,7 M €↓
2016
Annual accounts 20167,9 M €↓
2015
Annual accounts 201510,6 M €↑
2014
Annual accounts 2014427,1 k €↑
2013
Annual accounts 2013383,5 k €↓
2012
Annual accounts 2012395,8 k €
11/07/2011
IncorporationPublic 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

VDB GROUP

Overview

What does VDB GROUP do?

Trend over 14 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