ACTIVE

V-COORD

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-39,8 k €

-431.2% YoY

Gross margin

12,7 k €

-74.5% YoY

Equity

156,3 k €

-20.3% YoY

What does V-COORD do?

V-COORD is a Private limited company incorporated in 2003. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Brasschaat.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.856.588

Incorporation

03/10/2003

Legal form

Private limited company

Registered office

Lemmélei 10
2930 Brasschaat · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74601Other professional, scientific and technical activities 80010Security and investigation activities 80100Private security activities

Signals

Solid equityLow riskGood liquidity

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	12,7 k €	-74.5%	49,7 k €	+35.4%	36,7 k €	-8.8%	40,2 k €	-33.0%	60 k €	+12.3%	53,4 k €	+10.9%	48,2 k €	+58.9%	30,3 k €	+79.5%	16,9 k €	-44.0%	30,2 k €	+5.4%	28,6 k €	+5.2%	27,2 k €	+41.0%	19,3 k €	-33.0%	28,8 k €	+12.1%	25,7 k €	-69.9%	85,2 k €	-11.2%	95,9 k €	-19.1%	118,5 k €	+36.8%	86,6 k €	+85.3%	46,7 k €
EBITDA	-33,4 k €	-173%	45,5 k €	+38.6%	32,8 k €	-10.5%	36,7 k €	-35.7%	57 k €	+13.4%	50,2 k €	+10.7%	45,4 k €	+64.1%	27,7 k €	+91.3%	14,5 k €	-45.9%	26,7 k €	+8.4%	24,7 k €	+43.5%	17,2 k €	+16.3%	14,8 k €	-39.4%	24,4 k €	+7.9%	22,6 k €	-67.1%	68,7 k €	-26.2%	93,2 k €	-20.5%	117,2 k €	+37.2%	85,4 k €	+87.2%	45,7 k €
Operating result	-36,6 k €	-261%	22,7 k €	+191%	7,8 k €	-28.9%	11 k €	-66.1%	32,3 k €	+32.3%	24,4 k €	+16.0%	21,1 k €	+301%	5,3 k €	+141%	-12,8 k €	-699%	-1,6 k €	+56.6%	-3,7 k €	+62.7%	-9,9 k €	+23.4%	-12,9 k €	-101%	-6,4 k €	+30.4%	-9,2 k €	-125%	36,9 k €	-40.1%	61,6 k €	-29.6%	87,5 k €	+34.1%	65,3 k €	+213%	20,9 k €
Net result	-39,8 k €	-431%	12 k €	+532%	1,9 k €	-60.9%	4,9 k €	-74.4%	19 k €	+236%	5,7 k €	-61.2%	14,6 k €	+4507%	317 €	+102%	-18,2 k €	-162%	-6,9 k €	-191%	-2,4 k €	-209%	2,2 k €	-46.0%	4 k €	-57.6%	9,5 k €	+328%	-4,2 k €	-116%	26,7 k €	-44.2%	47,8 k €	-3.4%	49,5 k €	+9.1%	45,4 k €	+170%	16,8 k €
Balance sheet
Equity	156,3 k €	-20.3%	196,1 k €	+6.5%	184,1 k €	+1.0%	182,2 k €	+2.8%	177,3 k €	+12.0%	158,3 k €	+3.7%	152,6 k €	+10.6%	138 k €	+0.2%	137,7 k €	-11.7%	155,8 k €	-4.3%	162,8 k €	-1.4%	165,2 k €	+1.3%	163 k €	+2.5%	158,9 k €	+6.4%	149,4 k €	-50.8%	303,6 k €	+9.6%	276,9 k €	+20.9%	229 k €	+27.6%	179,5 k €	+33.8%	134,2 k €
Total assets	194,6 k €	-18.1%	237,6 k €	+5.0%	226,3 k €	+1.6%	222,6 k €	-5.1%	234,6 k €	+7.9%	217,5 k €	+6.8%	203,6 k €	+6.7%	190,9 k €	-8.9%	209,5 k €	-12.6%	239,7 k €	-10.0%	266,4 k €	-15.3%	314,6 k €	-17.5%	381,3 k €	-10.3%	425 k €	-8.3%	463,6 k €	-14.2%	540,1 k €	-0.0%	540,1 k €	+4.3%	517,8 k €	+4.1%	497,5 k €	+114%	232,7 k €
Cash	162,6 k €	+86.8%	87,1 k €	-35.4%	134,8 k €	+31.5%	102,5 k €	-8.6%	112,2 k €	+74.3%	64,4 k €	+78.6%	36 k €	+299%	9 k €	+76.1%	5,1 k €	-16.1%	6,1 k €	-53.2%	13,1 k €	-2.1%	13,3 k €	-71.6%	46,9 k €	-20.1%	58,7 k €	-25.9%	79,3 k €	-6.1%	84,4 k €	+11.5%	75,7 k €	+34.0%	56,5 k €	-34.9%	86,8 k €	+119%	39,6 k €
Debts	36 k €	-7.0%	38,7 k €	-3.6%	40,1 k €	+4.6%	38,4 k €	-30.3%	55,1 k €	-4.2%	57,4 k €	+16.7%	49,2 k €	-3.2%	50,9 k €	-27.4%	70 k €	-15.2%	82,5 k €	-20.2%	103,5 k €	-30.5%	148,8 k €	-31.7%	217,9 k €	-18.0%	265,8 k €	-8.7%	291,2 k €	+24.8%	233,3 k €	-11.2%	262,8 k €	-9.0%	288,8 k €	-9.2%	318 k €	+228%	97 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 31/12/2025 · 1 active · 2 ended

Active mandates

Roger CLEIREN

Mandate

Active

Ended mandates

Roger Cleiren

Director

Ended

Roger Cleiren

Manager

Ended

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	01/01/2025	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	18/07/2026	15/07/2025	04/07/2024	04/07/2023	05/07/2022	07/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	18/07/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	15/07/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	04/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	04/07/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	05/07/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	07/07/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	04/07/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	03/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	07/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	07/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	05/08/2011	Dutch	PDF
Abridged model	31/12/2009	20/08/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	20/08/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/08/2008	31/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	18/07/2007	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 31/12/2025 · 1 active · 2 ended

Active mandates

Roger CLEIREN

Mandate

Active

Ended mandates

Roger Cleiren

Director

Ended

Roger Cleiren

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/02/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other10/10/2003
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 2025-39,8 k €↓
2024
Annual accounts 202412 k €↑
2023
Annual accounts 20231,9 k €↓
2022
Annual accounts 20224,9 k €↓
2021
Annual accounts 202119 k €↑
2020
Annual accounts 20205,7 k €↓
2019
Annual accounts 201914,6 k €↑
2018
Annual accounts 2018317 €↑
2017
Annual accounts 2017-18,2 k €↓
2016
Annual accounts 2016-6,9 k €↓
2015
Annual accounts 2015-2,4 k €↓
2014
Annual accounts 20142,2 k €↓
2013
Annual accounts 20134 k €↓
2012
Annual accounts 20129,5 k €↑
2011
Annual accounts 2011-4,2 k €↓
2010
Annual accounts 201026,7 k €↓
2009
Annual accounts 200947,8 k €↓
2008
Annual accounts 200849,5 k €↑
2007
Annual accounts 200745,4 k €↑
2006
Annual accounts 200616,8 k €
03/10/2003
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

V-COORD

Overview

What does V-COORD do?

Trend over 20 financial years

Indicative valuation

Board of directors

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