ACTIVE

VANELLUS BVBA

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Financial year 2025 · closed on 31/12/2025

Net result

63,4 k €

-11.8% YoY

Gross margin

127,7 k €

-6.5% YoY

Equity

435,9 k €

+17.0% YoY

What does VANELLUS BVBA do?

VANELLUS BVBA is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Kapellen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0869.468.705

Incorporation

18/10/2004

Legal form

Private limited company

Registered office

Franselei 15
2950 Kapellen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 64200Activities of holding companies 64210Activities of holding companies 74151Specialised design activities

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 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007		2006
Income statement
Gross margin	127,7 k €	-6.5%	136,6 k €	+17.2%	116,6 k €	-18.6%	143,2 k €	+19.6%	119,8 k €	+36.2%	87,9 k €	-4.3%	91,9 k €	-15.4%	108,6 k €	-6.6%	116,3 k €	+47.0%	79,2 k €	-23.3%	103,2 k €	+3.8%	99,4 k €	+31.3%	75,7 k €	-22.2%	97,2 k €	+16.0%	83,8 k €	+2.3%	81,9 k €	+25.9%	65,1 k €	+1.7%	64 k €	+0.6%	63,6 k €
EBITDA	124,4 k €	-8.0%	135,2 k €	+17.4%	115,1 k €	-18.6%	141,4 k €	+19.1%	118,8 k €	+37.2%	86,6 k €	-4.5%	90,7 k €	-15.5%	107,3 k €	-6.9%	115,2 k €	+48.9%	77,4 k €	-23.2%	100,7 k €	+4.1%	96,7 k €	+94.3%	49,8 k €	-46.4%	92,9 k €	+24.8%	74,4 k €	-26.3%	101 k €	+60.5%	63 k €	+70.9%	36,8 k €	-2.4%	37,8 k €
Operating result	86,1 k €	-11.1%	96,9 k €	+18.1%	82,1 k €	-29.0%	115,6 k €	+16.7%	99,1 k €	+48.0%	66,9 k €	+3.5%	64,6 k €	-13.7%	74,9 k €	-9.6%	82,9 k €	+72.6%	48 k €	-32.7%	71,3 k €	-3.3%	73,7 k €	+190%	25,4 k €	-60.3%	64,2 k €	+41.2%	45,4 k €	-50.3%	91,3 k €	+107%	44,2 k €	+109%	21,1 k €	-5.2%	22,3 k €
Net result	63,4 k €	-11.8%	71,9 k €	+32.1%	54,4 k €	-28.6%	76,2 k €	+15.0%	66,3 k €	+52.1%	43,6 k €	+11.0%	39,3 k €	-12.8%	45 k €	-6.6%	48,2 k €	+68.3%	28,7 k €	-28.4%	40,1 k €	-3.6%	41,6 k €	+127%	18,3 k €	-21.2%	23,3 k €	-16.1%	27,8 k €	-60.2%	69,8 k €	+218%	22 k €	+544%	3,4 k €	-67.2%	10,4 k €
Balance sheet
Equity	435,9 k €	+17.0%	372,5 k €	+23.9%	300,6 k €	+3.2%	291,2 k €	+10.6%	263,2 k €	+16.7%	225,5 k €	-10.4%	251,7 k €	-0.9%	254 k €	-14.5%	296,9 k €	+19.4%	248,7 k €	+13.0%	220 k €	+22.3%	180 k €	+257%	50,4 k €	-64.5%	141,8 k €	+19.6%	118,5 k €	+30.6%	90,8 k €	-15.2%	107 k €	+99.6%	53,6 k €	+6.8%	50,2 k €
Total assets	1,8 M €	+2.2%	1,8 M €	+379%	369,5 k €	+0.2%	368,7 k €	+24.7%	295,7 k €	-3.1%	305,2 k €	-0.8%	307,7 k €	+12.9%	272,6 k €	-13.4%	314,9 k €	+18.8%	265 k €	+5.6%	250,9 k €	+18.8%	211,1 k €	+1.6%	207,7 k €	-2.4%	212,8 k €	-2.9%	219,2 k €	+12.0%	195,8 k €	+19.9%	163,3 k €	+39.5%	117 k €	+9.4%	107 k €
Cash	126,9 k €	+44.2%	88 k €	-43.3%	155,3 k €	-8.8%	170,4 k €	-11.1%	191,6 k €	-1.8%	195,2 k €	+21.0%	161,3 k €	+48.2%	108,9 k €	+1.5%	107,2 k €	-14.5%	125,4 k €	+42.0%	88,4 k €	+143%	36,4 k €	+29.5%	28,1 k €	-42.7%	49,1 k €		–		–		–		14,9 k €	-72.8%	54,8 k €
Debts	1,4 M €	-1.7%	1,4 M €	+1930%	68,9 k €	-11.2%	77,6 k €	+139%	32,5 k €	-59.2%	79,7 k €	+42.2%	56 k €	+201%	18,6 k €	+3.7%	18 k €	+10.2%	16,3 k €	-47.2%	30,9 k €	-0.8%	31,1 k €	-80.2%	157,3 k €	+122%	71 k €	-29.5%	100,7 k €	-4.1%	105 k €	+218%	33,1 k €	+245%	9,6 k €	+39.1%	6,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Marie-Paule Neefs

Director

Active

Ended mandates

Jacob Jan Kievit

Director

Ended

JACOB JAN KIEVIT

Manager

Ended

JIm Kievit

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Maatschap Familie Kievit● Active	0720.879.353

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	22/07/2026	29/07/2025	28/05/2024	11/07/2023	31/05/2022	21/05/2021
General meeting	30/06/2026	30/06/2025	06/05/2024	30/06/2023	02/05/2022	03/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Micro model	31/12/2023	06/05/2024	28/05/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	11/07/2023	Dutch	PDF
Micro model	31/12/2021	02/05/2022	31/05/2022	Dutch	PDF
Abridged model	31/12/2020	03/05/2021	21/05/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	10/07/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	31/07/2019	Dutch	PDF
Micro model	31/12/2017	07/05/2018	16/05/2018	Dutch	PDF
Micro model	31/12/2016	02/05/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	16/06/2015	Dutch	PDF
Abridged model	31/12/2013	22/09/2014	25/09/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	01/10/2010	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	22/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Marie-Paule Neefs

Director

Active

Ended mandates

Jacob Jan Kievit

Director

Ended

JACOB JAN KIEVIT

Manager

Ended

JIm Kievit

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/12/2020
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares18/04/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares05/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other26/10/2004
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 202563,4 k €↓
2024
Annual accounts 202471,9 k €↑
2023
Annual accounts 202354,4 k €↓
2022
Annual accounts 202276,2 k €↑
2021
Annual accounts 202166,3 k €↑
2020
Annual accounts 202043,6 k €↑
2019
Annual accounts 201939,3 k €↓
2018
Annual accounts 201845 k €↓
2017
Annual accounts 201748,2 k €↑
2016
Annual accounts 201628,7 k €↓
2015
Annual accounts 201540,1 k €↓
2014
Annual accounts 201441,6 k €↑
2013
Annual accounts 201318,3 k €↓
2012
Annual accounts 201223,3 k €↓
2011
Annual accounts 201127,8 k €↓
2010
Annual accounts 201069,8 k €↑
2009
Annual accounts 200922 k €↑
2007
Annual accounts 20073,4 k €↓
2006
Annual accounts 200610,4 k €
18/10/2004
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

VANELLUS BVBA

Overview

What does VANELLUS BVBA do?

Trend over 19 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