ACTIVE

VVRAD

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Financial year 2025 · closed on 31/12/2025
Net result
778,6 k €
+36.8% YoY
Gross margin
965,3 k €
+14.3% YoY
Equity
2,6 M €
+29.9% YoY

What does VVRAD do?

VVRAD is a Private limited company incorporated in 2012. Its main activity is: Specialist medical practice activities. Its registered office is in Aalter.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0844.750.729
Incorporation
22/03/2012
Legal form
Private limited company
Registered office
Lotenhullestraat 110
9881 Aalter · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
86220Specialist medical practice activities· main86220Specialist medical practice activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin965,3 k €844,9 k €748,3 k €682,8 k €620,9 k €433,5 k €519,9 k €511,1 k €258 k €345,5 k €368,9 k €348,7 k €279,8 k €282,7 k €
EBITDA963,6 k €843,3 k €746,8 k €681,4 k €618,4 k €431,8 k €517,1 k €507,4 k €256,4 k €343,4 k €355,4 k €344,9 k €277,8 k €280,6 k €
Operating result961,3 k €831,1 k €708,4 k €642,7 k €451,2 k €260,3 k €339 k €327,6 k €70,2 k €159,5 k €213,3 k €208 k €142 k €142,2 k €
Net result778,6 k €569,3 k €501,2 k €438,2 k €303,6 k €172,6 k €208,8 k €201,2 k €34,3 k €80,8 k €98,4 k €108,2 k €72,6 k €89,2 k €
Balance sheet
Equity2,6 M €2 M €1,7 M €1,4 M €942,7 k €719,7 k €803,8 k €703,2 k €502 k €467,8 k €387 k €288,5 k €180,4 k €107,8 k €
Total assets3,3 M €2,6 M €2,3 M €1,7 M €1,4 M €1,5 M €1,5 M €1,4 M €1,3 M €1,4 M €1,4 M €1,4 M €1,4 M €1,6 M €
Cash239,4 k €594,2 k €619,1 k €753,1 k €506,8 k €605,5 k €604,2 k €560,7 k €387,3 k €346,9 k €335,2 k €286,2 k €92 k €142,8 k €
Debts712 k €615,7 k €650,7 k €384,8 k €484,6 k €753,5 k €710,6 k €683,7 k €803,9 k €910,2 k €1 M €1,1 M €1,2 M €1,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Vincent VandeVyver

Director

Active

Ended mandates

Vincent Vandevyver

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date26/08/202628/09/202531/08/202431/08/202323/08/202206/08/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202626/08/2026DutchPDF
Abridged model31/12/202430/06/202528/09/2025DutchPDF
Abridged model31/12/202324/06/202431/08/2024DutchPDF
Micro model31/12/202226/06/202331/08/2023DutchPDF
Micro model31/12/202127/06/202223/08/2022DutchPDF
Micro model31/12/202028/06/202106/08/2021DutchPDF
Micro model31/12/201929/06/202031/08/2020DutchPDF
Micro model31/12/201824/06/201904/07/2019DutchPDF
Micro model31/12/201725/06/201814/08/2018DutchPDF
Micro model31/12/201626/06/201729/08/2017DutchPDF
Abridged model31/12/201527/06/201618/08/2016DutchPDF
Abridged model31/12/201429/06/201526/08/2015DutchPDF
Abridged model31/12/201330/06/201425/08/2014DutchPDF
Abridged model31/12/201222/07/201330/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 1 active · 1 ended

Active mandates

Vincent VandeVyver

Director

Active

Ended mandates

Vincent Vandevyver

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/05/2020
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/04/2012
    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. 2025
    Annual accounts 2025778,6 k €↑
  2. 2024
    Annual accounts 2024569,3 k €↑
  3. 2023
    Annual accounts 2023501,2 k €↑
  4. 2022
    Annual accounts 2022438,2 k €↑
  5. 2021
    Annual accounts 2021303,6 k €↑
  6. 2020
    Annual accounts 2020172,6 k €↓
  7. 2019
    Annual accounts 2019208,8 k €↑
  8. 2018
    Annual accounts 2018201,2 k €↑
  9. 2017
    Annual accounts 201734,3 k €↓
  10. 2016
    Annual accounts 201680,8 k €↓
  11. 2015
    Annual accounts 201598,4 k €↓
  12. 2014
    Annual accounts 2014108,2 k €↑
  13. 2013
    Annual accounts 201372,6 k €↓
  14. 2012
    Annual accounts 201289,2 k €
  15. 22/03/2012
    IncorporationPrivate limited company