VF PROJECTS
0881.988.039 · rovalta.com · 22/09/2026
ACTIVE
VF PROJECTS
Financial year 2025 · closed on 30/09/2025
Net result
14,4 k €
+4352.7% YoY
Gross margin
53,2 k €
+158.6% YoY
Equity
164,9 k €
+9.6% YoY
Overview
What does VF PROJECTS do?
VF PROJECTS is a Private limited company incorporated in 2006. Its registered office is in Kortrijk.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0881.988.039
Incorporation
21/06/2006
Legal form
Private limited company
Registered office
Cannaertstraat(Mar) 53
8510 Kortrijk · FlandreSee on map
8510 Kortrijk · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 53,2 k € | +159% | 20,6 k € | -35.6% | 32 k € | +597% | 4,6 k € | -83.1% | 27,2 k € | -7.4% | 29,4 k € | -68.4% | 92,9 k € | +193% | 31,7 k € | +16.6% | 27,2 k € | +75.5% | 15,5 k € | -62.0% | 40,8 k € | +26797% | -152,7 € | +79.5% | -743,6 € | -108% | 9,9 k € | +0.3% | 9,9 k € | +3.6% | 9,5 k € | +3.3% | 9,2 k € |
| EBITDA | 48,4 k € | +193% | 16,5 k € | -44.0% | 29,5 k € | +820% | 3,2 k € | -88.1% | 27,1 k € | +28.3% | 21,1 k € | -76.9% | 91,3 k € | +721% | 11,1 k € | -49.3% | 21,9 k € | +78.5% | 12,3 k € | -69.2% | 39,9 k € | +4753% | -856,9 € | +40.0% | -1,4 k € | -115% | 9,4 k € | +1.0% | 9,3 k € | +4.2% | 8,9 k € | +6.9% | 8,4 k € |
| Operating result | 37 k € | +1659% | 2,1 k € | -85.7% | 14,7 k € | +308% | -7,1 k € | -126% | 27 k € | +33.2% | 20,3 k € | -77.8% | 91,3 k € | +721% | 11,1 k € | -5.8% | 11,8 k € | +703% | 1,5 k € | -94.8% | 28,4 k € | +3412% | -856,9 € | +40.0% | -1,4 k € | -115% | 9,4 k € | +1.0% | 9,3 k € | +4.2% | 8,9 k € | +6.9% | 8,4 k € |
| Net result | 14,4 k € | +4353% | 324,3 € | -97.1% | 11,2 k € | +220% | -9,3 k € | -160% | 15,6 k € | -22.3% | 20,1 k € | -72.0% | 71,9 k € | +567% | 10,8 k € | +69.0% | 6,4 k € | +85.8% | 3,4 k € | -82.5% | 19,6 k € | +913% | -2,4 k € | -142% | 5,8 k € | +225% | 1,8 k € | -8.6% | 2 k € | -12.9% | 2,2 k € | +45.5% | 1,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 164,9 k € | +9.6% | 150,5 k € | +0.2% | 150,1 k € | +8.0% | 139 k € | -11.7% | 157,5 k € | +11.0% | 141,8 k € | +16.5% | 121,7 k € | +74.5% | 69,7 k € | +18.3% | 59 k € | +12.1% | 52,6 k € | +7.0% | 49,1 k € | +66.6% | 29,5 k € | -7.6% | 31,9 k € | +22.2% | 26,1 k € | +7.3% | 24,3 k € | +8.7% | 22,4 k € | +60.5% | 13,9 k € |
| Total assets | 237,8 k € | -1.7% | 241,8 k € | -1.6% | 245,9 k € | +9.7% | 224,2 k € | +6.3% | 210,8 k € | -19.9% | 263,2 k € | +11.4% | 236,2 k € | +14.6% | 206 k € | +153% | 81,4 k € | +10.0% | 74,1 k € | -3.8% | 76,9 k € | +133% | 33,1 k € | -3.4% | 34,2 k € | -76.9% | 148,5 k € | -0.0% | 148,5 k € | -0.0% | 148,6 k € | +4.2% | 142,6 k € |
| Cash | 3,4 € | -99.9% | 4,4 k € | +27964% | 15,6 € | -99.4% | 2,8 k € | -88.7% | 24,8 k € | +732% | 3 k € | -49.9% | 5,9 k € | -84.8% | 39 k € | – | – | 5,7 k € | +3545400% | 0,2 € | – | 20 € | -61.0% | 51,2 € | -35.9% | 79,9 € | -76.0% | 332,5 € | |||||
| Debts | 72,6 k € | -20.5% | 91,4 k € | -4.6% | 95,7 k € | +12.3% | 85,2 k € | +59.6% | 53,4 k € | -56.0% | 121,4 k € | +6.0% | 114,5 k € | -5.7% | 121,4 k € | +440% | 22,5 k € | +4.7% | 21,5 k € | -22.7% | 27,8 k € | +676% | 3,6 k € | +53.7% | 2,3 k € | -98.1% | 122,4 k € | -1.5% | 124,2 k € | -1.6% | 126,2 k € | -1.9% | 128,7 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 3 ended
Active mandates
Frank Vandoorne
ActiveEnded mandates
Frank Vandoorne
EndedFrank Vandoorne
EndedFrank Vandoorne
EndedFinancials
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 | 01/10/2024 | 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 | 12/03/2026 | 15/05/2025 | 28/12/2024 | 31/03/2023 | 31/03/2022 | 30/04/2021 |
| General meeting | 06/03/2026 | 31/03/2025 | 19/12/2024 | 29/03/2023 | 31/03/2022 | 05/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 06/03/2026 | 12/03/2026 | Dutch | |
| Micro model | 30/09/2024 | 31/03/2025 | 15/05/2025 | Dutch | |
| Micro model | 30/09/2023 | 19/12/2024 | 28/12/2024 | Dutch | |
| Micro model | 30/09/2022 | 29/03/2023 | 31/03/2023 | Dutch | |
| Micro model | 30/09/2021 | 31/03/2022 | 31/03/2022 | Dutch | |
| Micro model | 30/09/2020 | 05/03/2021 | 30/04/2021 | Dutch | |
| Micro model | 30/09/2019 | 06/03/2020 | 26/05/2020 | Dutch | |
| Micro model | 30/09/2018 | 01/03/2019 | 14/05/2019 | Dutch | |
| Micro model | 30/09/2017 | 01/03/2019 | 31/03/2019 | Dutch | |
| Abridged model | 30/09/2016 | 03/03/2017 | 09/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 04/03/2016 | 07/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 06/03/2015 | 18/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 07/03/2014 | 10/03/2014 | Dutch | |
| Abridged model | 30/09/2012 | 01/03/2013 | 11/03/2013 | Dutch | |
| Abridged model | 31/12/2010 | 03/06/2011 | 14/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 04/06/2010 | 08/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 05/06/2009 | 02/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 06/06/2008 | 22/07/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 3 ended
Active mandates
Frank Vandoorne
ActiveEnded mandates
Frank Vandoorne
EndedFrank Vandoorne
EndedFrank Vandoorne
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office09/10/2020WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
- Registered office27/11/2013MAATSCHAPPELIJKE ZETEL
- Other10/02/2012STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office21/05/2008MAATSCHAPPELIJKE ZETEL
- Other30/06/2006RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202514,4 k €↑
- 2024Annual accounts 2024324,3 €↓
- 2023Annual accounts 202311,2 k €↑
- 2022Annual accounts 2022-9,3 k €↓
- 2020Annual accounts 202015,6 k €↓
- 2019Annual accounts 201920,1 k €↓
- 2018Annual accounts 201871,9 k €↑
- 2017Annual accounts 201710,8 k €↑
- 2016Annual accounts 20166,4 k €↑
- 2015Annual accounts 20153,4 k €↓
- 2014Annual accounts 201419,6 k €↑
- 2013Annual accounts 2013-2,4 k €↓
- 2012Annual accounts 20125,8 k €↑
- 2010Annual accounts 20101,8 k €↓
- 2009Annual accounts 20092 k €↓
- 2008Annual accounts 20082,2 k €↑
- 2007Annual accounts 20071,5 k €
- 21/06/2006IncorporationPrivate limited company