ACTIVE

VANDERVELPEN MANAGEMENT

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Financial year 2025 · closed on 30/09/2025

Net result

-20,8 k €

+74.9% YoY

Gross margin

-18,6 k €

-12.1% YoY

Equity

316,3 k €

-6.2% YoY

What does VANDERVELPEN MANAGEMENT do?

VANDERVELPEN MANAGEMENT is a Private limited company incorporated in 2006. Its main activity is: Development of building projects. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.417.620

Incorporation

10/05/2006

Legal form

Private limited company

Registered office

Thonissenlaan 43
3500 Hasselt · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 68310Real estate agencies 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007
Income statement
Gross margin	-18,6 k €	-12.1%	-16,6 k €	-217%	14,1 k €	-16.9%	17 k €	-91.0%	189,2 k €	-24.3%	250 k €	+348%	-101 k €	-221%	83,4 k €	+868%	-10,9 k €	-276%	6,2 k €	+146%	-13,4 k €	+46.0%	-24,8 k €	-111%	225,6 k €	+10352%	2,2 k €	+108%	-27 k €	-112%	229,3 k €	+984%	-25,9 k €
EBITDA	-19,5 k €	-14.1%	-17,1 k €	-237%	12,4 k €	-19.7%	15,5 k €	-90.6%	164,5 k €	-20.3%	206,4 k €	+303%	-101,7 k €	-223%	82,7 k €	+821%	-11,5 k €	-309%	5,5 k €	+138%	-14,3 k €	+46.4%	-26,7 k €	-112%	223,9 k €	+25405%	878 €	+103%	-28,4 k €	-113%	224,9 k €	+922%	-27,4 k €
Operating result	-21,1 k €	+74.6%	-82,9 k €	-2232%	3,9 k €	+26.6%	3,1 k €	-98.0%	153,8 k €	-20.5%	193,5 k €	+286%	-103,9 k €	-229%	80,8 k €	+633%	-15,2 k €	-5195%	297,8 €	+102%	-19,5 k €	+44.4%	-35 k €	-117%	206,4 k €	+1676%	-13,1 k €	+68.5%	-41,6 k €	-121%	198 k €	+804%	-28,1 k €
Net result	-20,8 k €	+74.9%	-83,2 k €	-5865%	1,4 k €	-13.2%	1,7 k €	-98.5%	111,9 k €	-33.8%	169 k €	+262%	-104,6 k €	-251%	69 k €	+734%	-10,9 k €	-258%	6,9 k €	+2342%	-308,2 €	+99.0%	-30,1 k €	-121%	145,7 k €	+834%	-19,9 k €	+40.4%	-33,3 k €	-125%	133,3 k €	+451%	-38 k €
Balance sheet
Equity	316,3 k €	-6.2%	337,1 k €	-19.8%	420,3 k €	+0.3%	418,8 k €	+0.4%	417,2 k €	+42.3%	293,1 k €	+136%	124 k €	-45.7%	228,6 k €	+43.3%	159,6 k €	-6.4%	170,5 k €	+4.2%	163,6 k €	-0.2%	163,9 k €	-15.5%	194 k €	+302%	48,3 k €	-29.1%	68,1 k €	-32.9%	101,5 k €	+419%	-31,8 k €
Total assets	397,3 k €	-19.9%	495,8 k €	-16.4%	592,9 k €	-11.1%	667,3 k €	-3.0%	687,9 k €	-18.4%	842,6 k €	+238%	248,9 k €	-29.8%	354,7 k €	+33.0%	266,7 k €	-26.2%	361,3 k €	-15.9%	429,4 k €	+53.7%	279,3 k €	-39.8%	463,8 k €	-55.8%	1,1 M €	+32.0%	795,7 k €	+279%	209,8 k €	-64.9%	597,7 k €
Cash	5,9 €	-100.0%	19,9 k €	+2701%	711,3 €	-93.2%	10,4 k €	-93.1%	149,8 k €	+1153%	12 k €	+125%	5,3 k €	-96.0%	132,9 k €	+45869%	289,2 €	-71.1%	999 €	-81.5%	5,4 k €	-94.1%	91,4 k €	-69.0%	294,3 k €	+1109%	24,3 k €	+150%	9,7 k €	-78.2%	44,7 k €	+5104%	858,1 €
Debts	81,1 k €	-48.9%	158,6 k €	-8.1%	172,7 k €	-30.5%	248,5 k €	-8.2%	270,7 k €	-50.1%	542,2 k €	+354%	119,5 k €	-2.4%	122,3 k €	+25.2%	97,7 k €	-46.7%	183,3 k €	-29.5%	260,2 k €	+133%	111,7 k €	-58.3%	267,9 k €	-73.0%	992 k €	+37.3%	722,6 k €	+567%	108,3 k €	-82.7%	627,9 k €
Other
Workforce	–		–		–		–		0,5 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 12 ended

Active mandates

Nico Vandervelpen

Director · since 30 mai 2006

Active

René Vandervelpen

Director · since 30 mai 2006

Active

Ended mandates

Mentor Kovaci

Director · since 01 avril 2021

Ended

Theo VANDERVELPEN

Manager · since 08 mars 2010 · until 31 août 2016

Ended

Theo VANDERVELPEN

Manager · since 08 mars 2010

Ended

Nico VANDERVELPEN

Manager · since 30 mai 2006

Ended

At this address

Other companies at this address

Company	CBE no.
Bracks & Wills Vastgoed● Active	0676.904.404
CUBE MANAGEMENT COMPANY● Active	0646.872.610
DEBORA DUMONT MANAGEMENT COMPANY● Active	0738.649.555
Hammerhead Bio● Active	1042.253.914
Management Company Nico Vandervelpen● Active	1039.428.541
NICO VANDERVELPEN MANAGEMENT COMPANY● Active	0846.962.428
VANDERVELPEN GROEP● Active	0475.570.214
V & V INVEST● Active	0578.969.937

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	21/04/2026	31/03/2025	23/04/2024	13/04/2023	12/04/2022	06/04/2021
General meeting	09/03/2026	10/03/2025	11/03/2024	13/03/2023	14/03/2022	08/03/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	09/03/2026	21/04/2026	Dutch	PDF
Abridged model	30/09/2024	10/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	11/03/2024	23/04/2024	Dutch	PDF
Abridged model	30/09/2022	13/03/2023	13/04/2023	Dutch	PDF
Abridged model	30/09/2021	14/03/2022	12/04/2022	Dutch	PDF
Micro model	30/09/2020	08/03/2021	06/04/2021	Dutch	PDF
Micro model	30/09/2019	31/03/2020	03/04/2020	Dutch	PDF
Micro model	30/09/2018	11/03/2019	28/03/2019	Dutch	PDF
Micro model	30/09/2017	12/03/2018	05/04/2018	Dutch	PDF
Abridged model	30/09/2016	13/03/2017	12/04/2017	Dutch	PDF
Abridged model	30/09/2015	14/03/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	09/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	10/03/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	11/03/2013	25/04/2013	Dutch	PDF
Abridged model	30/09/2011	12/03/2012	26/04/2012	Dutch	PDF
Abridged model	30/09/2010	14/03/2011	31/03/2011	Dutch	PDF
Abridged model	30/09/2009	08/03/2010	30/03/2010	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	28/08/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 2 active · 12 ended

Active mandates

Nico Vandervelpen

Director · since 30 mai 2006

Active

René Vandervelpen

Director · since 30 mai 2006

Active

Ended mandates

Mentor Kovaci

Director · since 01 avril 2021

Ended

Theo VANDERVELPEN

Manager · since 08 mars 2010 · until 31 août 2016

Ended

Theo VANDERVELPEN

Manager · since 08 mars 2010

Ended

Nico VANDERVELPEN

Manager · since 30 mai 2006

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office19/08/2026
VERPLAATSING ZETEL
PDF
Mandates27/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/04/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/05/2016
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Other19/11/2015
BENAMING
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 2025-20,8 k €↑
2024
Annual accounts 2024-83,2 k €↓
2023
Annual accounts 20231,4 k €↓
2022
Annual accounts 20221,7 k €↓
2021
Annual accounts 2021111,9 k €↓
2019
Annual accounts 2019169 k €↑
2018
Annual accounts 2018-104,6 k €↓
2017
Annual accounts 201769 k €↑
2016
Annual accounts 2016-10,9 k €↓
2015
Annual accounts 20156,9 k €↑
2015
Name changeVandervelpen Management
2014
Annual accounts 2014-308,2 €↑
2013
Annual accounts 2013-30,1 k €↓
2012
Annual accounts 2012145,7 k €↑
2011
Annual accounts 2011-19,9 k €↑
2010
Annual accounts 2010-33,3 k €↓
2009
Annual accounts 2009133,3 k €↑
2007
Annual accounts 2007-38 k €
2007
Name changeCASANOSTRA
10/05/2006
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

VANDERVELPEN MANAGEMENT

Overview

What does VANDERVELPEN MANAGEMENT do?

Trend over 17 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