ACTIVE

VDS GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €+3,7 %over 1 year
Equity31,2 M €+6,1 %over 1 year

Identity

Source · BCE/KBO

VDS GROUP is a Public limited company incorporated in 2003. Its registered office is in Lummen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0859.775.039
Incorporation
25/07/2003
Legal form
Public limited company
Registered office
Europaweg 11
3560 Lummen · FlandreSee on map
Contributed capital
6 180 300,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 31 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin–––––
EBITDA-49,3 k €-31,9 k €-28,5 k €-26,2 k €-27,5 k €
Operating result-49,3 k €-31,9 k €-28,5 k €-26,2 k €-27,5 k €
Net result1,8 M €1,7 M €1,6 M €1,6 M €471 k €
Balance sheet
Equity31,2 M €29,4 M €27,7 M €26,1 M €24,5 M €
Total assets33,4 M €31,9 M €30,3 M €29,1 M €27,8 M €
Cash1,3 M €1,1 M €777,9 k €3,2 M €3,1 M €
Debts2 M €2,3 M €2,6 M €3 M €3,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Luc Miermans

Director · since 30 juin 2022 · until 30 juin 2026

Active
Michel Vanderstraeten

Managing director · since 10 juillet 2020 · until 30 juin 2026

Active

Ended mandates

Luc Miermans

Director · since 30 juin 2022 · until 27 avril 2028

Ended
Speck

Managing director · since 16 décembre 2020 · until 23 novembre 2023 · 0456.228.414

Represented by Jan Speck

Ended
Speck

Managing director · since 16 décembre 2020 · until 29 avril 2027 · 0456.228.414

Represented by Jan Speck

Ended
Speck

Managing director · since 16 décembre 2020 · until 29 avril 2027 · 0456.228.414

Represented by JAN SPECK

Ended

Other companies at this address

Europaweg 11 3560 Lummen
CompanyCBE no.
EENHEID VDS● Active
0773.644.680
JUVALHO● Active
0543.416.863
JV WMV BRUSSELS AMERICAN SCHOOL● Active
0683.893.550
SM Vanderstraeten - Koeckelberg Artemis● Active
0747.728.458
THV HOOYBERGHS-VANDERSTRAETEN● Active
0558.965.171
THV VANDERSTRAETEN-HOUBEN-FABRICOM● Active
0839.848.764
THV VANDERSTRAETEN - PEREMANS● Active
0713.734.908
Tijdelijke Maatschap Vanderstraeten-Cordeel Poortgebouw● Active
0805.952.115
Tijdelijke Maatschap Vanderstraeten - Houben Asster● Active
1017.647.685
Tijdelijke Maatschap Vanderstraeten - Houben Noorderhart Pelt● Active
1001.338.720
Tijdelijke Maatschap Vanderstraeten - Houben PXL● Active
1024.286.841
Tijdelijke Maatschap Vanderstraeten-Houben Rivus● Active
1033.409.987
Tijdelijke Maatschap Vanderstraeten- Houben Synaps● Active
1037.719.361
Tijdelijke Maatschap Wycor - Vanderstraeten PVT Lubbeek● Active
0797.989.801
TM Cordeel- Vanderstraeten Bottelarij● Active
0767.662.948
TM Vanderstraeten - a2o● Active
1005.936.718
TM Vanderstraeten – A33 architecten● Active
0780.387.863
TM Vanderstraeten - Archipelago● Active
1003.468.562
TM Vanderstraeten - Areal Architecten● Active
1013.191.823
TM Vanderstraeten-Cordeel AZ Diest● Active
0772.544.424

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date01/07/202624/06/202518/06/202422/06/202309/07/202230/09/2021
General meeting30/06/202613/06/202507/06/202419/06/202330/06/202227/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 31 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202601/07/2026DutchPDF
Full model31/12/202413/06/202524/06/2025DutchPDF
Consolidated accounts31/12/202430/06/202504/07/2025DutchPDF
Full model31/12/202307/06/202418/06/2024DutchPDF
Consolidated accounts31/12/202328/06/202409/07/2024DutchPDF
Full model31/12/202219/06/202322/06/2023DutchPDF
Consolidated accounts31/12/202228/07/202304/08/2023DutchPDF
Full model31/12/202130/06/202209/07/2022DutchPDF
Consolidated accounts31/12/202113/09/202221/09/2022DutchPDF
Full model31/12/202030/06/202114/07/2021DutchPDF
Consolidated accounts31/12/202027/09/202130/09/2021DutchPDF
Full model31/12/201910/07/202014/07/2020DutchPDF
Consolidated accounts31/12/201926/12/202025/01/2021DutchPDF
Full model31/12/201809/08/201930/08/2019DutchPDF
Consolidated accounts31/12/201809/08/201930/08/2019DutchPDF
Full model31/12/201704/06/201812/07/2018DutchPDF
Consolidated accounts31/12/201729/06/201805/07/2018DutchPDF
Full model31/12/201630/06/201724/07/2017DutchPDF
Consolidated accountsCorrection31/12/201630/08/201706/10/2017DutchPDF
Consolidated accounts31/12/201630/08/201731/08/2017DutchPDF
Abridged model31/12/201515/04/201617/08/2016DutchPDF
Abridged model31/12/201401/06/201531/08/2015DutchPDF
Abridged model31/12/201302/06/201415/07/2014DutchPDF
Abridged model31/12/201203/06/201315/07/2013DutchPDF
Abridged model31/12/201104/06/201216/07/2012DutchPDF
Abridged modelCorrection31/12/201006/06/201124/10/2011DutchPDF
Abridged model31/12/201006/06/201113/07/2011DutchPDF
Abridged model31/12/200907/06/201030/06/2010DutchPDF
Abridged model31/12/200801/06/200910/07/2009DutchPDF
Abridged model31/12/200702/06/200811/07/2008DutchPDF
Abridged model31/12/200602/06/200710/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Luc Miermans

Director · since 30 juin 2022 · until 30 juin 2026

Active
Michel Vanderstraeten

Managing director · since 10 juillet 2020 · until 30 juin 2026

Active

Ended mandates

Luc Miermans

Director · since 30 juin 2022 · until 27 avril 2028

Ended
Speck

Managing director · since 16 décembre 2020 · until 23 novembre 2023 · 0456.228.414

Represented by Jan Speck

Ended
Speck

Managing director · since 16 décembre 2020 · until 29 avril 2027 · 0456.228.414

Represented by Jan Speck

Ended
Speck

Managing director · since 16 décembre 2020 · until 29 avril 2027 · 0456.228.414

Represented by JAN SPECK

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ALGEMENE VERGADERING
    PDF
  • Mandates24/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring09/05/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

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 20251,8 M €↑
  2. 2024
    Annual accounts 20241,7 M €↑
  3. 2023
    Annual accounts 20231,6 M €↑
  4. 2022
    Annual accounts 20221,6 M €↑
  5. 2021
    Annual accounts 2021471 k €↑
  6. 2020
    Annual accounts 2020343,7 k €↓
  7. 2020
    Name changeVDS GROUP
  8. 2019
    Annual accounts 20193,5 M €↑
  9. 2018
    Annual accounts 20182,2 M €↑
  10. 2015
    Name changeGROEP VANDERSTRAETEN
  11. 2012
    Annual accounts 201230 k €↓
  12. 2011
    Annual accounts 2011108,5 k €↓
  13. 2010
    Annual accounts 2010115,1 k €↑
  14. 2009
    Annual accounts 200940,2 k €↑
  15. 2008
    Annual accounts 200835,2 k €↑
  16. 2007
    Annual accounts 200729,1 k €↓
  17. 2006
    Annual accounts 200634,5 k €
  18. 2006
    Name changeMICHEL VANDERSTRAETEN
  19. 25/07/2003
    IncorporationPublic limited company