ACTIVE

VGO INVEST

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Financial year 2025 · closed on 31/12/2025

Net result

8,3 k €

-43.0% YoY

Gross margin

10,6 k €

-49.7% YoY

Equity

31,5 k €

+35.6% YoY

What does VGO INVEST do?

VGO INVEST is a Private limited company incorporated in 2004. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.244.642

Incorporation

08/07/2004

Legal form

Private limited company

Registered office

Chaussée de Drogenbos 187 box 34
1180 Uccle · BruxellesSee on map

Contributed capital

8 160,00 €

Latest accounts

31/12/2025

Activities (NACE)

74909Other professional, scientific and technical activities n.e.c.· main 74999Other professional, scientific and technical activities n.e.c.

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ 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	10,6 k €	-49.7%	21,2 k €	-49.3%	41,8 k €	+266%	-25,1 k €	-300%	12,6 k €	-4.9%	13,2 k €	-40.8%	22,3 k €	-21.1%	28,3 k €	+147%	11,5 k €	+344%	2,6 k €	+161%	986,4 €	-90.3%	10,1 k €	-0.3%	10,2 k €	+64.0%	6,2 k €	-24.2%	8,2 k €	+365%	-3,1 k €	-119%	16 k €	-88.3%	136,9 k €	-5.5%	144,9 k €	+13.5%	127,7 k €
EBITDA	10,1 k €	-51.6%	20,8 k €	-49.8%	41,4 k €	+263%	-25,4 k €	-308%	12,2 k €	-0.8%	12,3 k €	-43.8%	21,9 k €	-15.4%	25,9 k €	+154%	10,2 k €	+442%	1,9 k €	+1995%	89,8 €	-98.9%	8 k €	-18.1%	9,8 k €	+111%	4,6 k €	-38.8%	7,6 k €	+253%	-5 k €	-364%	-1,1 k €	+87.9%	-8,8 k €	-118%	48,1 k €	-12.0%	54,7 k €
Operating result	9,8 k €	-51.2%	20 k €	-50.6%	40,5 k €	+254%	-26,4 k €	-323%	11,8 k €	+1.3%	11,7 k €	-38.0%	18,8 k €	-15.6%	22,3 k €	+3453%	627,6 €	+107%	-8,8 k €	-22.6%	-7,2 k €	-1006%	795,3 €	-90.5%	8,4 k €	+310%	2 k €	-32.8%	3 k €	+136%	-8,4 k €	+28.8%	-11,8 k €	+66.1%	-34,7 k €	-335%	14,8 k €	-36.0%	23,1 k €
Net result	8,3 k €	-43.0%	14,5 k €	-62.3%	38,4 k €	+242%	-27 k €	-398%	9,1 k €	+28.3%	7,1 k €	-51.6%	14,6 k €	-18.9%	18 k €	+1914%	-994 €	+90.2%	-10,1 k €	-15.9%	-8,7 k €	-195%	-3 k €	-147%	6,2 k €	+240%	1,8 k €	-29.2%	2,6 k €	+135%	-7,5 k €	+35.3%	-11,5 k €	+72.7%	-42,2 k €	-1210%	3,8 k €	-68.0%	11,9 k €
Balance sheet
Equity	31,5 k €	+35.6%	23,2 k €	+166%	8,7 k €	+129%	-29,7 k €	-1026%	-2,6 k €	+77.5%	-11,7 k €	+37.7%	-18,8 k €	+43.8%	-33,4 k €	+35.1%	-51,4 k €	-2.0%	-50,4 k €	-25.1%	-40,3 k €	-27.6%	-31,6 k €	-10.3%	-28,6 k €	+17.9%	-34,9 k €	+5.0%	-36,7 k €	+6.6%	-39,3 k €	-28.2%	-30,6 k €	-77.9%	-17,2 k €	-164%	26,8 k €	+7.7%	24,9 k €
Total assets	120,2 k €	-7.3%	129,6 k €	+10.5%	117,3 k €	+142%	48,4 k €	-48.5%	93,9 k €	+47.2%	63,8 k €	-24.8%	84,9 k €	+119%	38,7 k €	-66.7%	116,2 k €	+44.0%	80,7 k €	-10.9%	90,5 k €	+117%	41,7 k €	+233%	12,5 k €	+696%	1,6 k €	-72.4%	5,7 k €	-44.0%	10,2 k €	-21.6%	13 k €	-85.8%	91,4 k €	-20.5%	115,1 k €	-22.7%	148,8 k €
Cash	199 €	+90.8%	104,3 €	-98.8%	8,9 k €	+4669%	186,5 €	-94.3%	3,3 k €	-35.2%	5 k €	+1148%	403,8 €	+48.9%	271,2 €		–		–		–		8,2 k €	+154%	3,2 k €	+5076%	62 €	-95.7%	1,5 k €	+603%	206,7 €	-80.0%	1 k €	-91.2%	11,8 k €	-34.9%	18 k €	-42.4%	31,4 k €
Debts	88,7 k €	-16.6%	106,4 k €	-2.0%	108,5 k €	+39.1%	78 k €	-19.2%	96,6 k €	+27.9%	75,5 k €	-27.2%	103,6 k €	+43.8%	72,1 k €	-57.0%	167,6 k €	+27.8%	131,1 k €	+0.2%	130,9 k €	+78.4%	73,3 k €	+78.1%	41,2 k €	+13.0%	36,4 k €	-14.1%	42,4 k €	-14.3%	49,5 k €	+15.0%	43 k €	-59.8%	107,1 k €	+27.5%	84 k €	-30.2%	120,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,2 ETP	-95.5%	4,4 ETP	+25.7%	3,5 ETP	+52.2%	2,3 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 · 2 active · 2 ended

Active mandates

Artan VATANSEVER

Manager

Active

Suzan IPEKLI

Manager

Active

Ended mandates

Artan Monsieur VATANSEVER

Manager

Ended

Suzan Madame IPEKLI

Manager

Ended

At this address

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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	31/08/2026	30/08/2025	14/08/2024	01/09/2023	26/08/2022	16/08/2021
General meeting	21/08/2026	12/08/2025	05/07/2024	22/08/2023	22/08/2022	27/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/08/2026	31/08/2026	French	PDF
Micro model	31/12/2024	12/08/2025	30/08/2025	French	PDF
Micro model	31/12/2023	05/07/2024	14/08/2024	French	PDF
Micro model	31/12/2022	22/08/2023	01/09/2023	French	PDF
Micro model	31/12/2021	22/08/2022	26/08/2022	French	PDF
Micro model	31/12/2020	27/05/2021	16/08/2021	French	PDF
Micro model	31/12/2019	06/10/2020	21/10/2020	French	PDF
Micro model	31/12/2018	28/08/2019	30/08/2019	French	PDF
Micro model	31/12/2017	31/05/2018	16/08/2018	French	PDF
Micro model	31/12/2016	26/05/2017	26/07/2017	French	PDF
Abridged model	31/12/2015	26/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	28/05/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	20/08/2014	French	PDF
Abridged model	31/12/2012	30/05/2013	25/07/2013	French	PDF
Abridged model	31/12/2011	31/05/2012	20/08/2012	French	PDF
Abridged model	31/12/2010	26/05/2011	30/06/2011	French	PDF
Abridged model	31/12/2009	27/05/2010	01/07/2010	French	PDF
Abridged model	31/12/2008	28/05/2009	15/06/2009	French	PDF
Abridged model	31/12/2007	29/05/2008	27/06/2008	French	PDF
Abridged model	31/12/2006	31/05/2007	25/06/2007	French	PDF

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 · 2 active · 2 ended

Active mandates

Artan VATANSEVER

Manager

Active

Suzan IPEKLI

Manager

Active

Ended mandates

Artan Monsieur VATANSEVER

Manager

Ended

Suzan Madame IPEKLI

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/06/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office01/12/2016
SIEGE SOCIAL
PDF
Registered office30/01/2013
SIEGE SOCIAL
PDF
Registered office08/11/2011
SIEGE SOCIAL
PDF
Other16/07/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 20258,3 k €↓
2024
Annual accounts 202414,5 k €↓
2023
Annual accounts 202338,4 k €↑
2022
Annual accounts 2022-27 k €↓
2021
Annual accounts 20219,1 k €↑
2020
Annual accounts 20207,1 k €↓
2019
Annual accounts 201914,6 k €↓
2018
Annual accounts 201818 k €↑
2017
Annual accounts 2017-994 €↑
2016
Annual accounts 2016-10,1 k €↓
2015
Annual accounts 2015-8,7 k €↓
2014
Annual accounts 2014-3 k €↓
2013
Annual accounts 20136,2 k €↑
2012
Annual accounts 20121,8 k €↓
2011
Annual accounts 20112,6 k €↑
2010
Annual accounts 2010-7,5 k €↑
2009
Annual accounts 2009-11,5 k €↑
2008
Annual accounts 2008-42,2 k €↓
2007
Annual accounts 20073,8 k €↓
2006
Annual accounts 200611,9 k €
08/07/2004
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

VGO INVEST

Overview

What does VGO INVEST 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