ACTIVE

VETRINORD

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Financial year 2025 · Closed on 31/12/2025

Net result
258,8 k €
+35,9 %over 1 year
Revenue
13 M €
-9,5 %over 1 year
Equity
5,5 M €
0,0 %over 1 year
Workforce
4,5 ETP
+12,5 %over 1 year

Identity

Source · BCE/KBO

VETRINORD is a Public limited company incorporated in 2005. Its registered office is in Wuustwezel. It employs on average 4,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.108.336
Incorporation
22/12/2005
Legal form
Public limited company
Registered office
Nijverheidsstraat 16-18
2990 Wuustwezel · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
4,5 ETP
Joint committees (1)
  • 321
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue13 M €14,4 M €24,9 M €26,8 M €29,8 M €
EBITDA501,2 k €458,5 k €2,1 M €2,3 M €2,2 M €
Operating result399,2 k €440,7 k €2 M €2,2 M €2,2 M €
Net result258,8 k €190,4 k €1,2 M €1,3 M €1,2 M €
Balance sheet
Equity5,5 M €5,5 M €5,8 M €6,5 M €6,8 M €
Total assets7,8 M €7,3 M €7,5 M €8,9 M €8,1 M €
Cash506,2 k €623,6 k €1,4 M €580,7 k €604,8 k €
Debts2,1 M €1,7 M €1,8 M €2,4 M €1,2 M €
Other
Workforce4,5 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Philos

Mandate · 1004.707.291

Represented by Philippe Dirven

Active
VIRIDE

Mandate · 0668.476.290

Represented by Franciscus Dirven

Active

Ended mandates

PAUL CNOCKAERT

Manager · since 01 janvier 2010 · until 13 mai 2011

Ended
JAN CNOCKAERT

Mandate

Ended
JAN CNOCKAERT

Director

Ended
JAN CNOCKAERT

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202630/07/202523/07/202407/07/202322/07/202226/07/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202628/07/2026DutchPDF
Full model31/12/202430/06/202530/07/2025DutchPDF
Full model31/12/202330/06/202423/07/2024DutchPDF
Full model31/12/202230/06/202307/07/2023DutchPDF
Full model31/12/202130/06/202222/07/2022DutchPDF
Full model31/12/202030/06/202126/07/2021DutchPDF
Full model31/12/201930/06/202024/07/2020DutchPDF
Full model31/12/201830/06/201904/07/2019DutchPDF
Full model31/12/201730/06/201825/07/2018DutchPDF
Full model31/12/201630/06/201727/07/2017DutchPDF
Full modelCorrection31/12/201530/06/201628/10/2016DutchPDF
Full model31/12/201530/06/201628/07/2016DutchPDF
Full model31/12/201430/06/201530/07/2015DutchPDF
Abridged model31/12/201330/06/201430/07/2014DutchPDF
Abridged model31/12/201230/06/201331/07/2013DutchPDF
Abridged model31/12/201130/06/201231/07/2012DutchPDF
Abridged model31/12/201030/06/201129/07/2011DutchPDF
Abridged model31/12/200930/06/201028/07/2010DutchPDF
Abridged model31/12/200830/06/200928/07/2009DutchPDF
Abridged model31/12/200730/06/200824/07/2008DutchPDF
Abridged model31/12/200630/06/200703/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Philos

Mandate · 1004.707.291

Represented by Philippe Dirven

Active
VIRIDE

Mandate · 0668.476.290

Represented by Franciscus Dirven

Active

Ended mandates

PAUL CNOCKAERT

Manager · since 01 janvier 2010 · until 13 mai 2011

Ended
JAN CNOCKAERT

Mandate

Ended
JAN CNOCKAERT

Director

Ended
JAN CNOCKAERT

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other03/09/2026
    DIVERSEN
    PDF
  • Mandates17/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/12/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates26/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025258,8 k €↑
  2. 2024
    Annual accounts 2024190,4 k €↓
  3. 2023
    Annual accounts 20231,2 M €↓
  4. 2022
    Annual accounts 20221,3 M €↑
  5. 2021
    Annual accounts 20211,2 M €↓
  6. 2020
    Annual accounts 20201,4 M €↓
  7. 2019
    Annual accounts 20191,5 M €↑
  8. 2018
    Annual accounts 20181,1 M €↑
  9. 2017
    Annual accounts 2017513,6 k €↓
  10. 2016
    Annual accounts 2016683,5 k €↑
  11. 2015
    Annual accounts 2015569,1 k €↑
  12. 2014
    Annual accounts 2014493,8 k €↓
  13. 2013
    Annual accounts 2013799 k €↑
  14. 2012
    Annual accounts 2012513,9 k €↑
  15. 2011
    Annual accounts 2011462,7 k €↓
  16. 2010
    Annual accounts 2010494,9 k €↑
  17. 2009
    Annual accounts 2009291,7 k €↑
  18. 2008
    Annual accounts 2008261,2 k €↑
  19. 2007
    Annual accounts 2007175,4 k €↑
  20. 2006
    Annual accounts 2006-21,1 k €
  21. 22/12/2005
    IncorporationPublic limited company