NORMAL SITUATION

VOVADAK

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Financial year 2025 · closed on 30/09/2025

Net result

9,3 k €

-61.6% YoY

Gross margin

32,3 k €

-37.8% YoY

Equity

781,3 k €

-0.0% YoY

Company — Normal situation.

Strike-off: 11 septembre 2026

What does VOVADAK do?

VOVADAK is a Private limited company incorporated in 2005.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.693.558

Incorporation

23/03/2005

Legal form

Private limited company

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Joint committees (1)

Signals

ProfitableSolid equityGood 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		2008		2007
Income statement
Gross margin	32,3 k €	-37.8%	51,9 k €	+137%	21,9 k €	-97.8%	975,2 k €	+216%	308,5 k €	-3.1%	318,2 k €	+11.7%	284,8 k €	-22.2%	366 k €	-8.1%	398,4 k €	+27.9%	311,5 k €	+4.1%	299,2 k €	+13.9%	262,7 k €	-13.9%	305,2 k €	+9.5%	278,8 k €	+10.8%	251,5 k €	-0.7%	253,2 k €	+39.4%	181,6 k €	+5.2%	172,6 k €	+45.1%	118,9 k €
EBITDA	31,1 k €	-38.6%	50,6 k €	+148%	20,4 k €	-97.7%	887,4 k €	+515%	144,3 k €	-11.8%	163,7 k €	+13.0%	144,8 k €	-31.9%	212,5 k €	-5.7%	225,4 k €	+45.3%	155,1 k €	-5.9%	164,9 k €	+36.1%	121,1 k €	-26.0%	163,7 k €	+49.9%	109,2 k €	+37.8%	79,3 k €	-32.0%	116,6 k €	+48.2%	78,7 k €	-16.5%	94,2 k €	+82.7%	51,6 k €
Operating result	15 k €	-53.5%	32,3 k €	+612%	4,5 k €	-99.5%	870,3 k €	+2671%	31,4 k €	-20.8%	39,7 k €	+76.1%	22,5 k €	-65.6%	65,4 k €	-42.0%	112,8 k €	+79.9%	62,7 k €	-17.9%	76,4 k €	+102%	37,8 k €	-36.1%	59,1 k €	+163%	22,5 k €	+5.0%	21,4 k €	-65.3%	61,8 k €	+161%	23,7 k €	-33.0%	35,3 k €	+0.8%	35,1 k €
Net result	9,3 k €	-61.6%	24,1 k €	+746%	2,8 k €	-99.5%	569,2 k €	+4363%	12,8 k €	-20.2%	16 k €	+858%	1,7 k €	-95.8%	39,8 k €	-39.0%	65,2 k €	+171%	24,1 k €	-45.4%	44,1 k €	+171%	16,3 k €	-51.4%	33,5 k €	+62.2%	20,6 k €	+76.4%	11,7 k €	-67.2%	35,7 k €	+129%	15,6 k €	-65.0%	44,5 k €	+66.0%	26,8 k €
Balance sheet
Equity	781,3 k €	-0.0%	781,3 k €	-0.6%	785,9 k €	-2.0%	801,6 k €	+151%	319,7 k €	+4.2%	306,9 k €	+5.5%	290,9 k €	+0.6%	289,3 k €	-22.0%	370,7 k €	+21.4%	305,4 k €	+8.6%	281,4 k €	+18.6%	237,3 k €	+1.2%	234,5 k €	+16.6%	201 k €	+11.4%	180,4 k €	+6.9%	168,7 k €	+26.8%	133,1 k €	+13.3%	117,5 k €	+61.1%	72,9 k €
Total assets	818 k €	-3.6%	848,4 k €	-0.2%	850,2 k €	-5.7%	901,8 k €	+6.2%	848,9 k €	-15.0%	999,2 k €	-15.4%	1,2 M €	-8.3%	1,3 M €	+4.0%	1,2 M €	+19.0%	1 M €	+6.1%	981,7 k €	-0.4%	986 k €	-4.2%	1 M €	+39.2%	739,1 k €	+79.9%	410,9 k €	-7.9%	446,3 k €	+13.8%	392,1 k €	+4.1%	376,6 k €	+71.4%	219,7 k €
Cash	37 k €	+460%	6,6 k €	-78.6%	30,9 k €	-81.8%	169,8 k €	-18.8%	209,2 k €	-6.0%	222,6 k €	-8.5%	243,3 k €	-22.8%	315,3 k €	+32.7%	237,6 k €	+72.3%	137,9 k €	-42.5%	239,9 k €	+44.5%	166 k €	-14.1%	193,3 k €	+2.9%	187,7 k €	-18.6%	230,7 k €	-20.2%	289,1 k €	+29.3%	223,7 k €	+24.5%	179,7 k €	+39.9%	128,5 k €
Debts	36,7 k €	-36.7%	58 k €	-9.7%	64,3 k €	-35.5%	99,7 k €	-80.8%	519,6 k €	-23.2%	676,9 k €	-22.8%	876,5 k €	-10.7%	981,6 k €	+15.8%	847,9 k €	+15.2%	735,7 k €	+5.0%	700,4 k €	-6.5%	748,7 k €	-5.7%	794,2 k €	+47.6%	538 k €	+133%	230,4 k €	-17.0%	277,6 k €	+13.4%	244,7 k €	-5.5%	259,1 k €	+156%	101,3 k €
Other
Workforce	–		–		–		0,5 ETP	-83.3%	3,0 ETP	0.0%	3,0 ETP	+15.4%	2,6 ETP	-23.5%	3,4 ETP	+3.0%	3,3 ETP	0.0%	3,3 ETP	+22.2%	2,7 ETP	+3.8%	2,6 ETP	-13.3%	3,0 ETP	-18.9%	3,7 ETP	0.0%	3,7 ETP	+12.1%	3,3 ETP	+32.0%	2,5 ETP	+25.0%	2,0 ETP	0.0%	2,0 ETP

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

Hilde Vaes

Director · since 25 mars 2005

Active

Wim Vos

Director · since 25 mars 2005

Active

Ended mandates

Hilde Vaes

Manager · since 25 mars 2005

Ended

Wim Vos

Manager · since 25 mars 2005

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/03/2026	07/05/2025	30/04/2024	28/04/2023	31/03/2022	29/03/2021
General meeting	16/03/2026	15/03/2025	15/03/2024	15/03/2023	15/03/2022	15/03/2021
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	30/09/2025	16/03/2026	27/03/2026	Dutch	PDF
Abridged model	30/09/2024	15/03/2025	07/05/2025	Dutch	PDF
Abridged model	30/09/2023	15/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	15/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	15/03/2022	31/03/2022	Dutch	PDF
Abridged model	30/09/2020	15/03/2021	29/03/2021	Dutch	PDF
Abridged model	30/09/2019	16/03/2020	30/03/2020	Dutch	PDF
Abridged model	30/09/2018	15/03/2019	29/03/2019	Dutch	PDF
Abridged model	30/09/2017	15/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	15/03/2017	05/04/2017	Dutch	PDF
Abridged model	30/09/2015	15/03/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	15/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	15/03/2014	08/04/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	24/04/2013	Dutch	PDF
Abridged model	30/09/2011	15/03/2012	23/03/2012	Dutch	PDF
Abridged model	30/09/2010	15/03/2011	30/04/2011	Dutch	PDF
Abridged model	30/09/2009	15/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	16/03/2009	31/03/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	15/03/2007	30/03/2007	Dutch	PDF

Estimate

Indicative valuation

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 30/09/2025 · 2 active · 2 ended

Active mandates

Hilde Vaes

Director · since 25 mars 2005

Active

Wim Vos

Director · since 25 mars 2005

Active

Ended mandates

Hilde Vaes

Manager · since 25 mars 2005

Ended

Wim Vos

Manager · since 25 mars 2005

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution14/09/2026
STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, ENZ
PDF
Registered office17/04/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/12/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/09/2018
KAPITAAL - AANDELEN
PDF
Capital / shares09/10/2014
KAPITAAL - AANDELEN
PDF
Registered office14/08/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other01/04/2005
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 20259,3 k €↓
2024
Annual accounts 202424,1 k €↑
2023
Annual accounts 20232,8 k €↓
2022
Annual accounts 2022569,2 k €↑
2021
Annual accounts 202112,8 k €↓
2020
Annual accounts 202016 k €↑
2019
Annual accounts 20191,7 k €↓
2018
Annual accounts 201839,8 k €↓
2017
Annual accounts 201765,2 k €↑
2016
Annual accounts 201624,1 k €↓
2015
Annual accounts 201544,1 k €↑
2014
Annual accounts 201416,3 k €↓
2013
Annual accounts 201333,5 k €↑
2012
Annual accounts 201220,6 k €↑
2011
Annual accounts 201111,7 k €↓
2010
Annual accounts 201035,7 k €↑
2009
Annual accounts 200915,6 k €↓
2008
Annual accounts 200844,5 k €↑
2007
Annual accounts 200726,8 k €
23/03/2005
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

VOVADAK

Overview

What does VOVADAK do?

Trend over 19 financial years

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