ACTIVE

VCE2

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

19,7 k €

+54.8% YoY

Gross margin

80,5 k €

-1.7% YoY

Equity

112,7 k €

+21.2% YoY

Workforce

1,0 ETP

-33.3% YoY

What does VCE2 do?

VCE2 is a Private company with limited liability incorporated in 2004. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Beringen. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.244.345

Incorporation

08/07/2004

Legal form

Private company with limited liability

Registered office

Tessenderlosesteenweg 219
3583 Beringen · FlandreSee on map

Contributed capital

18 200,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (4)

149
14901
200
218

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

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	80,5 k €	-1.7%	81,9 k €	-60.8%	209,1 k €	-33.5%	314,5 k €	-36.9%	498,3 k €	-21.1%	631,5 k €	+2.4%	616,6 k €	-18.3%	754,7 k €	+18.1%	639,2 k €	+22.7%	520,8 k €	+21.6%	428,3 k €	-19.8%	534,1 k €	+34.2%	398,1 k €	+135%	169,2 k €	-3.5%	175,3 k €	+61.8%	108,3 k €	+33.1%	81,4 k €	+35.4%	60,1 k €	-3.7%	62,4 k €	+43.5%	43,5 k €
EBITDA	60,5 k €	+72.1%	35,1 k €	-29.6%	49,9 k €	-6.4%	53,3 k €	+58.4%	33,7 k €	-33.6%	50,7 k €	+295%	-26,1 k €	-115%	173,8 k €	+22.1%	142,3 k €	+53.4%	92,8 k €	+137%	39,1 k €	-59.0%	95,4 k €	+6.0%	90 k €	+69.4%	53,1 k €	-0.0%	53,1 k €	+7.7%	49,3 k €	+48.0%	33,3 k €	+62.2%	20,5 k €	-12.6%	23,5 k €	+128%	10,3 k €
Operating result	46,7 k €	+123%	20,9 k €	-37.7%	33,6 k €	+27.1%	26,4 k €	+105%	12,9 k €	+4.8%	12,3 k €	+122%	-55,1 k €	-139%	142,4 k €	+31.5%	108,3 k €	+65.9%	65,3 k €	+348%	14,6 k €	-71.6%	51,3 k €	+12.7%	45,6 k €	+79.3%	25,4 k €	+13.4%	22,4 k €	+8.8%	20,6 k €	+50.9%	13,6 k €	+311%	3,3 k €	+973%	-380 €	-107%	5,4 k €
Net result	19,7 k €	+54.8%	12,7 k €	-16.9%	15,3 k €	+21.4%	12,6 k €	+313%	-5,9 k €	-1324%	484 €	+101%	-83,5 k €	-206%	78,7 k €	+62.5%	48,5 k €	+221%	15,1 k €	+194%	-16,2 k €	-343%	6,6 k €	-30.2%	9,5 k €	+416%	-3 k €	+32.5%	-4,5 k €	-625%	849,4 €	-20.0%	1,1 k €	+110%	-10,6 k €	-61.6%	-6,6 k €	-275%	3,8 k €
Balance sheet
Equity	112,7 k €	+21.2%	93 k €	+15.9%	80,3 k €	+23.6%	64,9 k €	+24.1%	52,3 k €	-10.2%	58,2 k €	+0.8%	57,8 k €	-59.4%	142,1 k €	+122%	64 k €	+225%	19,7 k €	+331%	4,6 k €	-77.9%	20,7 k €	+47.1%	14,1 k €	+208%	4,6 k €	+211%	-4,1 k €	-1288%	345,9 €	+169%	-503,5 €	+67.8%	-1,6 k €	-117%	9 k €	-42.1%	15,6 k €
Total assets	554,6 k €	-29.0%	781,5 k €	-4.6%	818,9 k €	+19.0%	687,9 k €	-17.3%	832,2 k €	-3.6%	863,4 k €	+21.4%	711,4 k €	+7.5%	661,6 k €	+12.0%	590,6 k €	+9.1%	541,4 k €	-2.7%	556,4 k €	-6.8%	596,8 k €	+17.9%	506,2 k €	+30.4%	388,2 k €	-3.1%	400,5 k €	+2.2%	392 k €	+28.7%	304,7 k €	+14.1%	267 k €	-5.4%	282,3 k €	+456%	50,8 k €
Cash	3 k €	+497%	495,3 €	-13.9%	575 €	-97.9%	27,3 k €		–		–		35,8 €	-99.2%	4,8 k €	+11418%	41,3 €	-5.5%	43,7 €	-2.0%	44,6 €	-1.8%	45,4 €	-71.9%	161,7 €	+171%	59,6 €	+619%	8,3 €	0.0%	8,3 €	-99.8%	4,8 k €	+57225%	8,3 €	-97.3%	308 €	-92.4%	4 k €
Debts	441,8 k €	-35.8%	688,5 k €	-6.8%	738,7 k €	+18.6%	623 k €	-20.0%	779,1 k €	-3.2%	805,2 k €	+23.2%	653,6 k €	+26.1%	518,5 k €	-1.5%	526,6 k €	+0.9%	521,7 k €	-5.5%	551,8 k €	-4.2%	576 k €	+17.0%	492,1 k €	+28.3%	383,6 k €	-5.2%	404,6 k €	+3.3%	391,7 k €	+28.3%	305,2 k €	+13.6%	268,6 k €	-1.7%	273,2 k €	+677%	35,2 k €
Other
Workforce	1,0 ETP	-33.3%	1,5 ETP	-25.0%	2,0 ETP	-45.9%	3,7 ETP	-43.9%	6,6 ETP	-30.5%	9,5 ETP	-5.9%	10,1 ETP	-7.3%	10,9 ETP	+19.8%	9,1 ETP	+16.7%	7,8 ETP	+6.8%	7,3 ETP	-16.1%	8,7 ETP	+47.5%	5,9 ETP	+168%	2,2 ETP	-18.5%	2,7 ETP	+92.9%	1,4 ETP	+40.0%	1,0 ETP	+11.1%	0,9 ETP	-10.0%	1,0 ETP	+11.1%	0,9 ETP

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 · 3 ended

Active mandates

EDDY VANCEER

Director · since 05 juillet 2004

Active

Ended mandates

EDDY VANCEER

Manager · since 15 juillet 2004

Ended

EDDY VANCEER

Manager · since 05 juillet 2004

Ended

EDDY VANCEER

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Kempisch Polytechnisch Expertisebureau● Active	0811.777.063

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	29/08/2025	12/09/2024	30/08/2023	24/08/2022	17/08/2021
General meeting	30/06/2026	19/06/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	12/09/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	17/06/2021	17/08/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	14/09/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	23/08/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	21/06/2018	24/09/2018	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	06/08/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	05/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	05/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	23/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	13/08/2009	Dutch	PDF
Abridged model	31/12/2007	10/07/2008	19/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	21/08/2007	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 · 3 ended

Active mandates

EDDY VANCEER

Director · since 05 juillet 2004

Active

Ended mandates

EDDY VANCEER

Manager · since 15 juillet 2004

Ended

EDDY VANCEER

Manager · since 05 juillet 2004

Ended

EDDY VANCEER

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other16/07/2004
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 202519,7 k €↑
2024
Annual accounts 202412,7 k €↓
2023
Annual accounts 202315,3 k €↑
2022
Annual accounts 202212,6 k €↑
2021
Annual accounts 2021-5,9 k €↓
2020
Annual accounts 2020484 €↑
2019
Annual accounts 2019-83,5 k €↓
2018
Annual accounts 201878,7 k €↑
2017
Annual accounts 201748,5 k €↑
2016
Annual accounts 201615,1 k €↑
2015
Annual accounts 2015-16,2 k €↓
2014
Annual accounts 20146,6 k €↓
2013
Annual accounts 20139,5 k €↑
2012
Annual accounts 2012-3 k €↑
2011
Annual accounts 2011-4,5 k €↓
2010
Annual accounts 2010849,4 €↓
2009
Annual accounts 20091,1 k €↑
2008
Annual accounts 2008-10,6 k €↓
2007
Annual accounts 2007-6,6 k €↓
2006
Annual accounts 20063,8 k €
08/07/2004
IncorporationPrivate company with limited liability

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

VCE2

Overview

What does VCE2 do?

Trend over 20 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