ACTIVE

VANDAPOWER

Financial year 2025 · closed on 31/12/2025
Net result
155,4 k €
+56.0% YoY
Revenue
11,6 M €
-26.5% YoY
Equity
1,7 M €
+9.9% YoY
Workforce
23,7 ETP
-28.6% YoY

What does VANDAPOWER do?

VANDAPOWER is a Public limited company incorporated in 2003. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Erpe-Mere. It employs on average 23,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0860.092.268
Incorporation
14/08/2003
Legal form
Public limited company
Registered office
Joseph Cardijnstraat 14
9420 Erpe-Mere · FlandreSee on map
Contributed capital
80 100,00 €
Latest accounts
31/12/2025
Average workforce
23,7 ETP
Joint committees (6)
  • 100
  • 149
  • 14901
  • 14904
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue11,6 M €15,8 M €18 M €16,3 M €16,7 M €10,6 M €2,5 M €
EBITDA391,7 k €477,8 k €652,9 k €187,7 k €209 k €272,4 k €1 M €989,5 k €823 k €961,2 k €714 k €415,7 k €429,5 k €470,7 k €569,3 k €523,5 k €392,6 k €401,4 k €456,4 k €188,4 k €
Operating result231,8 k €312,5 k €534,2 k €86,8 k €80,8 k €167 k €899,2 k €899 k €757,5 k €944,8 k €693 k €380 k €384 k €417,4 k €472,7 k €420,5 k €271 k €266,7 k €328,2 k €95,8 k €
Net result155,4 k €99,6 k €309,2 k €97,1 k €8 k €127,9 k €744,6 k €853,2 k €587,5 k €826,3 k €534,5 k €239,2 k €209,6 k €325,3 k €321,2 k €350,8 k €179,1 k €155,5 k €222,7 k €78,3 k €
Balance sheet
Equity1,7 M €1,6 M €1,5 M €1 M €918,4 k €910,4 k €1,5 M €2,1 M €1,6 M €1,4 M €1,1 M €736,4 k €1,2 M €986 k €668,3 k €939,6 k €666,1 k €539,2 k €419,7 k €210,7 k €
Total assets11,3 M €9,4 M €9,1 M €9,1 M €9,6 M €5,5 M €6,1 M €5,6 M €4,4 M €3,2 M €2,2 M €1,6 M €1,9 M €1,9 M €1,8 M €2,2 M €1,7 M €1,4 M €1,5 M €1,3 M €
Cash175,5 k €112,7 k €228,4 k €392,6 k €1,9 M €71,6 k €250,7 k €84,7 k €319,5 k €229,5 k €43,2 k €251,2 k €357,7 k €301,6 k €450,9 k €272,1 k €118,3 k €141,1 k €143,5 k €185,3 k €
Debts9,4 M €7,8 M €7,7 M €8 M €8,7 M €4,6 M €4,5 M €3,5 M €2,8 M €1,7 M €1,1 M €860,4 k €734,6 k €844,4 k €1,1 M €1,2 M €1 M €891,7 k €1 M €1 M €
Other
Workforce23,7 ETP33,2 ETP35,8 ETP3,2 ETP4,1 ETP4,3 ETP4,6 ETP4,7 ETP4,8 ETP5,4 ETP5,9 ETP9,9 ETP7,6 ETP8,9 ETP8,0 ETP6,1 ETP4,1 ETP4,1 ETP2,7 ETP2,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Vandapower Group

Director · since 30 septembre 2020 · until 19 juin 2026 · 0554.836.139

Represented by Dieter Aelvoet

Active

Ended mandates

Vandapower Group

Director · since 30 septembre 2020 · until 04 septembre 2026 · 0554.836.139

Represented by Dieter Aelvoet

Ended
Vandapower Group

Manager · since 30 juin 2014 · 0554.836.139

Represented by Stijn Uitterhaeghen UST BVBA vertegenwoordigd door

Ended
Vandapower Group

Manager · since 30 juin 2014 · 0554.836.139

Represented by vert.Stijn Uitterhaegen UST BVBA

Ended
Dirk Raymond Van Damme

Administrator - manager

Ended
Annual accounts

Full financial information

202520252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date15/07/202615/10/202522/08/202427/10/202328/10/202228/10/2021
General meeting19/06/202626/09/202514/08/202429/09/202330/09/202230/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202615/07/2026DutchPDF
Full model31/03/202526/09/202515/10/2025DutchPDF
Full model31/03/202414/08/202422/08/2024DutchPDF
Full model31/03/202329/09/202327/10/2023DutchPDF
Full model31/03/202230/09/202228/10/2022DutchPDF
Full model31/03/202130/09/202128/10/2021DutchPDF
Abridged model31/03/202006/10/202027/10/2020DutchPDF
Abridged model31/03/201906/09/201904/10/2019DutchPDF
Abridged model31/03/201807/09/201823/10/2018DutchPDF
Abridged model31/03/201701/09/201725/09/2017DutchPDF
Abridged model31/03/201602/09/201603/10/2016DutchPDF
Abridged model31/03/201504/09/201529/09/2015DutchPDF
Abridged model31/03/201430/06/201401/07/2014DutchPDF
Abridged model31/03/201305/07/201320/07/2013DutchPDF
Abridged model31/03/201206/07/201224/07/2012DutchPDF
Abridged model31/03/201101/07/201125/07/2011DutchPDF
Abridged model31/03/201002/07/201023/07/2010DutchPDF
Abridged model31/03/200903/07/200917/07/2009DutchPDF
Abridged model31/03/200804/07/200826/09/2008DutchPDF
Abridged model31/03/200706/07/200726/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 13 ended

Active mandates

Vandapower Group

Director · since 30 septembre 2020 · until 19 juin 2026 · 0554.836.139

Represented by Dieter Aelvoet

Active

Ended mandates

Vandapower Group

Director · since 30 septembre 2020 · until 04 septembre 2026 · 0554.836.139

Represented by Dieter Aelvoet

Ended
Vandapower Group

Manager · since 30 juin 2014 · 0554.836.139

Represented by Stijn Uitterhaeghen UST BVBA vertegenwoordigd door

Ended
Vandapower Group

Manager · since 30 juin 2014 · 0554.836.139

Represented by vert.Stijn Uitterhaegen UST BVBA

Ended
Dirk Raymond Van Damme

Administrator - manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/02/2026
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Restructuring04/06/2024
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring05/03/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates21/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/05/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates28/07/2020
    ONTSLAGEN - BENOEMINGEN
    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 2025155,4 k €
  2. 2025
    Annual accounts 202599,6 k €
  3. 2024
    Annual accounts 2024309,2 k €
  4. 2023
    Annual accounts 202397,1 k €
  5. 2022
    Annual accounts 20228 k €
  6. 2021
    Annual accounts 2021127,9 k €
  7. 2020
    Annual accounts 2020744,6 k €
  8. 2019
    Annual accounts 2019853,2 k €
  9. 2018
    Annual accounts 2018587,5 k €
  10. 2017
    Annual accounts 2017826,3 k €
  11. 2016
    Annual accounts 2016534,5 k €
  12. 2015
    Annual accounts 2015239,2 k €
  13. 2014
    Annual accounts 2014209,6 k €
  14. 2013
    Annual accounts 2013325,3 k €
  15. 2012
    Annual accounts 2012321,2 k €
  16. 2011
    Annual accounts 2011350,8 k €
  17. 2010
    Annual accounts 2010179,1 k €
  18. 2009
    Annual accounts 2009155,5 k €
  19. 2008
    Annual accounts 2008222,7 k €
  20. 2007
    Annual accounts 200778,3 k €
  21. 14/08/2003
    IncorporationPublic limited company