ACTIVE

VF-Construct

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Financial year 2025 · closed on 30/09/2025

Net result

26,7 k €

+42.3% YoY

Gross margin

138,5 k €

+27.4% YoY

Equity

242,5 k €

+12.4% YoY

What does VF-Construct do?

VF-Construct is a Private limited company incorporated in 2012. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Dentergem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0846.596.796

Incorporation

12/06/2012

Legal form

Private limited company

Registered office

Puymoortelstraat(Den) 12
8720 Dentergem · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 43320Joinery installation 43320Joinery installation

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	138,5 k €	+27.4%	108,8 k €	+6.1%	102,5 k €	+11.1%	92,2 k €	-18.3%	112,9 k €	+43.6%	78,6 k €	-14.4%	91,8 k €	+6.6%	86,1 k €	+271%	23,2 k €	-40.5%	39,0 k €	+103%	19,2 k €	-11.3%	21,7 k €	+16.2%	18,6 k €
EBITDA	91,6 k €	+48.0%	61,9 k €	+9.1%	56,7 k €	+16.7%	48,6 k €	+4.1%	46,7 k €	-26.5%	63,5 k €	-10.6%	71,0 k €	+22.5%	57,9 k €	+156%	22,6 k €	-41.2%	38,5 k €	+105%	18,7 k €	-12.2%	21,4 k €	+18.0%	18,1 k €
Operating result	47,3 k €	+80.4%	26,2 k €	-0.7%	26,4 k €	+130%	11,5 k €	-53.1%	24,5 k €	-41.4%	41,7 k €	-15.3%	49,3 k €	+31.8%	37,4 k €	+325%	8,8 k €	-62.3%	23,3 k €	+167%	8,8 k €	-34.6%	13,4 k €	+19.0%	11,3 k €
Net result	26,7 k €	+42.3%	18,8 k €	+37.5%	13,7 k €	+213%	4,4 k €	-60.0%	10,9 k €	-58.1%	26,1 k €	-29.3%	36,9 k €	+6.1%	34,8 k €	+3788%	894,2 €	-95.8%	21,3 k €	+286%	5,5 k €	-48.9%	10,8 k €	-7.8%	11,7 k €
Balance sheet
Equity	242,5 k €	+12.4%	215,8 k €	+9.5%	197,0 k €	+7.5%	183,3 k €	+2.4%	178,9 k €	+6.5%	168,0 k €	+18.4%	141,9 k €	+35.1%	105,1 k €	+49.5%	70,3 k €	+1.3%	69,4 k €	+71.1%	40,6 k €	+15.8%	35,0 k €	+44.6%	24,2 k €
Total assets	495,7 k €	-9.7%	548,8 k €	+17.6%	466,7 k €	+6.0%	440,3 k €	-4.4%	460,3 k €	+132%	198,6 k €	-1.8%	202,2 k €	+29.2%	156,4 k €	+65.3%	94,6 k €	-24.7%	125,7 k €	+36.9%	91,9 k €	+57.1%	58,5 k €	+38.0%	42,4 k €
Cash	21,5 k €	-75.6%	88,0 k €	+29.8%	67,8 k €	+14.7%	59,1 k €	-14.7%	69,3 k €	-9.4%	76,5 k €	-31.1%	111,0 k €	+156%	43,3 k €	+150%	17,3 k €	-8.8%	19,0 k €	+13.4%	16,8 k €	+722%	2,0 k €	-89.7%	19,8 k €
Debts	253,2 k €	-24.0%	333,0 k €	+23.5%	269,8 k €	+5.0%	257,0 k €	-8.7%	281,4 k €	+820%	30,6 k €	-49.2%	60,2 k €	+17.2%	51,4 k €	+111%	24,3 k €	-56.8%	56,3 k €	+9.8%	51,3 k €	+119%	23,5 k €	+29.1%	18,2 k €

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 30/09/2025 · 4 active · 3 ended

Active mandates

Davy Vanhaelst

Director

Active

Francky Vanhaelst

Director

Active

Jacky Vanhaelst

Director

Active

Sarah Rutsaert

Director

Active

Ended mandates

Davy Vanhaelst

Manager

Ended

Francky Vanhaelst

Manager

Ended

Jacky Vanhaelst

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Dentergems Bio Plant● Active	0479.867.611

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	05/04/2024	27/04/2023	31/03/2022	29/04/2021
General meeting	09/03/2026	10/03/2025	11/03/2024	13/03/2023	14/03/2022	08/03/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	09/03/2026	30/04/2026	Dutch	PDF
Micro model	30/09/2024	10/03/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	11/03/2024	05/04/2024	Dutch	PDF
Micro model	30/09/2022	13/03/2023	27/04/2023	Dutch	PDF
Micro model	30/09/2021	14/03/2022	31/03/2022	Dutch	PDF
Micro model	30/09/2020	08/03/2021	29/04/2021	Dutch	PDF
Micro model	30/09/2019	09/03/2020	30/04/2020	Dutch	PDF
Micro model	30/09/2018	11/03/2019	29/03/2019	Dutch	PDF
Micro model	30/09/2017	12/03/2018	29/03/2018	Dutch	PDF
Abridged model	30/09/2016	13/03/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	11/02/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	06/03/2015	29/04/2015	Dutch	PDF
Abridged model	30/09/2013	07/04/2014	15/05/2014	Dutch	PDF

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 30/09/2025 · 4 active · 3 ended

Active mandates

Davy Vanhaelst

Director

Active

Francky Vanhaelst

Director

Active

Jacky Vanhaelst

Director

Active

Sarah Rutsaert

Director

Active

Ended mandates

Davy Vanhaelst

Manager

Ended

Francky Vanhaelst

Manager

Ended

Jacky Vanhaelst

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/03/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/10/2014
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other25/06/2012
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

2025
Annual accounts 202526,7 k €↑
2024
Annual accounts 202418,8 k €↑
2023
Annual accounts 202313,7 k €↑
2022
Annual accounts 20224,4 k €↓
2021
Annual accounts 202110,9 k €↓
2020
Annual accounts 202026,1 k €↓
2019
Annual accounts 201936,9 k €↑
2018
Annual accounts 201834,8 k €↑
2017
Annual accounts 2017894,2 €↓
2016
Annual accounts 201621,3 k €↑
2015
Annual accounts 20155,5 k €↓
2014
Annual accounts 201410,8 k €↓
2013
Annual accounts 201311,7 k €
12/06/2012
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

VF-Construct

Overview

What does VF-Construct do?

Trend over 13 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