ACTIVE

@VANTAGE

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Financial year 2025 · closed on 31/08/2025

Net result

-5,6 k €

-146.3% YoY

Gross margin

25,6 k €

-58.7% YoY

Equity

559,6 k €

-1.0% YoY

Workforce

1,2 ETP

0.0% YoY

What does @VANTAGE do?

@VANTAGE is a Private limited company incorporated in 2006. Its registered office is in Ranst. It employs on average 1,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0882.524.608

Incorporation

13/07/2006

Legal form

Private limited company

Registered office

Vlotstraat 42
2520 Ranst · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/08/2025

Average workforce

1,2 ETP

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	25,6 k €	-58.7%	62,1 k €	+0.5%	61,8 k €	+33.5%	46,3 k €	-22.6%	59,8 k €	+14.3%	52,3 k €	-31.4%	76,3 k €	+21.8%	62,6 k €	-14.6%	73,3 k €	-85.3%	497,8 k €	+1436%	32,4 k €	-75.4%	131,8 k €	+9.3%	120,6 k €	+484%	20,6 k €	-65.9%	60,5 k €	-56.6%	139,3 k €	+193%	47,5 k €	-68.7%	151,9 k €
EBITDA	-8,7 k €	-162%	13,9 k €	-32.1%	20,5 k €	+301%	5,1 k €	-68.5%	16,2 k €	+9.5%	14,8 k €	-80.3%	75,1 k €	+30.4%	57,6 k €	-17.8%	70 k €	-85.9%	496,4 k €	+1534%	30,4 k €	-76.8%	130,8 k €	+12.2%	116,6 k €	+555%	17,8 k €	-70.2%	59,8 k €	-56.9%	138,9 k €	+204%	45,8 k €	-69.2%	148,4 k €
Operating result	-9,4 k €	-170%	13,5 k €	-34.0%	20,5 k €	+362%	-7,8 k €	-339%	3,3 k €	+168%	1,2 k €	-98.0%	60,1 k €	+39.5%	43 k €	-35.7%	66,9 k €	-86.5%	496,2 k €	+1553%	30 k €	-71.9%	106,7 k €	-8.3%	116,4 k €	+560%	17,7 k €	-70.3%	59,5 k €	-55.1%	132,7 k €	+248%	38,1 k €	-71.4%	133,4 k €
Net result	-5,6 k €	-146%	12,2 k €	-12.5%	13,9 k €	+270%	-8,2 k €	-141045%	5,8 €	-99.2%	722,6 €	-97.7%	31,9 k €	+29.6%	24,6 k €	-43.6%	43,6 k €	-85.8%	306,1 k €	+1253%	22,6 k €	-64.7%	64 k €	-7.1%	68,9 k €	+939%	6,6 k €	-83.5%	40,3 k €	-45.7%	74,2 k €	+241%	21,8 k €	-73.3%	81,5 k €
Balance sheet
Equity	559,6 k €	-1.0%	565,2 k €	-9.0%	621,2 k €	+2.3%	607,3 k €	-1.3%	615,4 k €	+0.0%	615,4 k €	+0.1%	614,7 k €	+5.5%	582,9 k €	+4.4%	558,3 k €	+8.5%	514,7 k €	+147%	208,6 k €	+12.2%	186 k €	+52.5%	121,9 k €	+200%	40,6 k €	+19.5%	34 k €	-81.5%	183,7 k €	+67.8%	109,5 k €	+24.8%	87,7 k €
Total assets	631,4 k €	+2.6%	615,6 k €	-19.6%	766,1 k €	+16.7%	656,3 k €	+3.3%	635,4 k €	-0.9%	641,1 k €	-58.4%	1,5 M €	+14.9%	1,3 M €	+25.2%	1,1 M €	+3.5%	1 M €	-8.5%	1,1 M €	+23.8%	913,6 k €	+26.2%	723,9 k €	+13.8%	636,1 k €	+240%	186,9 k €	-75.1%	750,1 k €	+26.2%	594,2 k €	+108%	285,3 k €
Cash	5,3 k €	-45.1%	9,6 k €	+43.5%	6,7 k €	-49.3%	13,3 k €	-95.4%	289,5 k €	+643%	38,9 k €	-77.2%	170,8 k €	+4.9%	162,8 k €	-36.8%	257,7 k €	+199%	86,1 k €	+154%	33,9 k €	-4.2%	35,4 k €	-66.2%	104,8 k €	+533%	16,6 k €	-42.3%	28,7 k €	-86.1%	206,5 k €	+165%	77,9 k €	+410%	15,3 k €
Debts	71,8 k €	+42.5%	50,4 k €	-65.2%	144,9 k €	+196%	49 k €	+145%	20 k €	-22.2%	25,6 k €	-97.2%	925,9 k €	+22.1%	758 k €	+47.8%	513 k €	-1.4%	520,1 k €	-43.6%	922 k €	+26.7%	727,6 k €	+20.9%	602 k €	+1.1%	595,4 k €	+289%	152,9 k €	-73.0%	566,4 k €	+16.8%	484,8 k €	+145%	197,6 k €
Other
Workforce	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	+50.0%	0,8 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 1 ended

Active mandates

Johan Elst

Director

Active

Steven Elst

Director

Active

Ended mandates

Johan Elst

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
IMMO LAURUS● Active	0846.812.176
Stejo Construct● Active	0897.706.987

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/09/2024	01/09/2023	01/09/2022	01/09/2021	01/09/2020	01/09/2019
Closing of the financial year	31/08/2025	31/08/2024	31/08/2023	31/08/2022	31/08/2021	31/08/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/03/2026	31/03/2025	16/02/2024	14/03/2023	21/03/2022	08/03/2021
General meeting	20/03/2026	21/03/2025	16/02/2024	24/02/2023	18/02/2022	19/02/2021
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	31/08/2025	20/03/2026	31/03/2026	Dutch	PDF
Abridged model	31/08/2024	21/03/2025	31/03/2025	Dutch	PDF
Abridged model	31/08/2023	16/02/2024	16/02/2024	Dutch	PDF
Abridged model	31/08/2022	24/02/2023	14/03/2023	Dutch	PDF
Abridged model	31/08/2021	18/02/2022	21/03/2022	Dutch	PDF
Abridged model	31/08/2020	19/02/2021	08/03/2021	Dutch	PDF
Abridged model	31/08/2019	14/02/2020	27/02/2020	Dutch	PDF
Abridged model	31/08/2018	15/02/2019	20/02/2019	Dutch	PDF
Abridged model	31/08/2017	16/01/2018	13/02/2018	Dutch	PDF
Abridged model	31/08/2016	17/02/2017	21/02/2017	Dutch	PDF
Abridged model	31/08/2015	19/02/2016	29/02/2016	Dutch	PDF
Abridged model	31/08/2014	20/02/2015	26/02/2015	Dutch	PDF
Abridged model	31/08/2013	21/02/2014	18/03/2014	Dutch	PDF
Abridged model	31/08/2012	25/02/2013	29/03/2013	Dutch	PDF
Abridged model	31/08/2011	20/11/2011	16/12/2011	Dutch	PDF
Abridged model	31/08/2010	21/03/2011	31/03/2011	Dutch	PDF
Abridged model	31/08/2009	19/03/2010	02/12/2010	Dutch	PDF
Abridged model	31/08/2008	27/02/2009	14/01/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/08/2025 · 2 active · 1 ended

Active mandates

Johan Elst

Director

Active

Steven Elst

Director

Active

Ended mandates

Johan Elst

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office10/11/2022
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring16/03/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/11/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates02/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/01/2016
MAATSCHAPPELIJKE ZETEL
PDF
Registered office20/01/2011
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares02/10/2007
BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other25/07/2006
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 2025-5,6 k €↓
2024
Annual accounts 202412,2 k €↓
2023
Annual accounts 202313,9 k €↑
2022
Annual accounts 2022-8,2 k €↓
2021
Annual accounts 20215,8 €↓
2020
Annual accounts 2020722,6 €↓
2019
Annual accounts 201931,9 k €↑
2018
Annual accounts 201824,6 k €↓
2017
Annual accounts 201743,6 k €↓
2016
Annual accounts 2016306,1 k €↑
2015
Annual accounts 201522,6 k €↓
2014
Annual accounts 201464 k €↓
2013
Annual accounts 201368,9 k €↑
2012
Annual accounts 20126,6 k €↓
2011
Annual accounts 201140,3 k €↓
2010
Annual accounts 201074,2 k €↑
2009
Annual accounts 200921,8 k €↓
2008
Annual accounts 200881,5 k €
13/07/2006
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

@VANTAGE

Overview

What does @VANTAGE do?

Trend over 18 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