ACTIVE

VLIN

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Financial year 2025 · closed on 31/12/2025
Net result
-2,3 M €
-5122.6% YoY
Gross margin
50,5 k €
+639.7% YoY
Equity
11 M €
-16.5% YoY
Workforce
0,0 ETP

What does VLIN do?

VLIN is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Destelbergen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0893.803.233
Incorporation
28/11/2007
Legal form
Private limited company
Registered office
Zevengemede(HEU) 3
9070 Destelbergen · FlandreSee on map
Contributed capital
5 077 543,72 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092008
Income statement
Gross margin50,5 k €-9,4 k €48,6 k €-4,6 k €-3,8 k €-1,8 k €60,8 k €48,1 k €48,1 k €47,8 k €50,2 k €72,8 k €12,5 k €-1,6 k €-1,1 k €-1,1 k €
EBITDA-2,4 M €-9,6 k €48,3 k €-4,9 k €-4,1 k €-2 k €60,5 k €47,9 k €47,5 k €47,6 k €49,8 k €72,3 k €12,2 k €-2,8 k €-1,2 k €-1,5 k €
Operating result-2,4 M €-9,6 k €48,3 k €-4,9 k €-4,1 k €-2 k €60,5 k €47,9 k €47,5 k €47,6 k €49,8 k €72,3 k €12,2 k €-2,8 k €-1,2 k €-1,5 k €
Net result-2,3 M €45,3 k €595,3 k €157,8 k €2,6 M €371,8 k €18,1 k €2,7 M €22,4 k €2 k €-8,1 k €-239 €1,8 M €-2,8 k €-1,2 k €-1,5 k €
Balance sheet
Equity11 M €13,2 M €13,2 M €12,6 M €12,4 M €9,8 M €9,4 M €9,4 M €6,7 M €6,7 M €6,7 M €6,7 M €6,7 M €5 M €9,9 M €9,9 M €
Total assets15,4 M €17,8 M €17,7 M €17,3 M €17,3 M €15 M €14,5 M €14,4 M €11,8 M €11,7 M €11,7 M €11,2 M €11,4 M €10 M €10 M €10 M €
Cash300,9 k €929,9 k €767,4 k €1,2 M €1,5 M €482,2 k €768,9 k €393,2 k €274,9 k €158,3 k €226,5 k €265,8 k €400,1 k €91,5 €295 €295 €
Debts4,4 M €4,4 M €4,6 M €4,6 M €4,8 M €5,2 M €5,1 M €5 M €5,1 M €5 M €5 M €4,5 M €4,7 M €5 M €3,8 k €3,8 k €
Other
Workforce0,0 ETP–––––––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Patricia Verlinden

Director

Active

Ended mandates

Patricia Verlinden

Manager · since 30 octobre 2012

Ended
Stefan Verlinden

Manager · since 25 janvier 2008 · until 30 octobre 2012

Ended
Patricia Verlinden

Manager

Ended
Stefan Verlinden

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
COCON● Active
0521.874.846
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202431/12/202231/12/202131/12/202031/12/2019
Closing of the financial year31/12/202531/12/202431/12/202330/12/202230/12/202130/12/2020
Length of the financial year12 months12 months13 months13 months13 months13 months
Filing date27/07/202617/06/202502/07/202404/07/202323/06/202221/06/2021
General meeting16/06/202617/06/202518/06/202420/06/202321/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202627/07/2026DutchPDF
Abridged model31/12/202417/06/202517/06/2025DutchPDF
Abridged model31/12/202318/06/202402/07/2024DutchPDF
Abridged model30/12/202220/06/202304/07/2023DutchPDF
Abridged model30/12/202121/06/202223/06/2022DutchPDF
Abridged model30/12/202015/06/202121/06/2021DutchPDF
Micro model30/12/201926/06/202010/07/2020DutchPDF
Micro model30/12/201818/06/201926/06/2019DutchPDF
Micro model30/12/201719/06/201828/06/2018DutchPDF
Abridged model30/12/201620/06/201720/06/2017DutchPDF
Abridged model30/12/201521/06/201623/06/2016DutchPDF
Abridged model30/12/201416/06/201509/07/2015DutchPDF
Abridged model30/12/201317/06/201423/07/2014DutchPDF
Abridged model30/12/201218/06/201310/07/2013DutchPDF
Abridged model30/12/201119/06/201211/07/2012DutchPDF
Abridged model30/12/201021/06/201130/06/2011DutchPDF
Abridged model30/12/200915/06/201002/07/2010DutchPDF
Abridged model30/12/200816/06/200913/07/2009DutchPDF
Abridged model30/12/200717/06/200808/07/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Patricia Verlinden

Director

Active

Ended mandates

Patricia Verlinden

Manager · since 30 octobre 2012

Ended
Stefan Verlinden

Manager · since 25 janvier 2008 · until 30 octobre 2012

Ended
Patricia Verlinden

Manager

Ended
Stefan Verlinden

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring12/05/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/02/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/08/2024
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring07/06/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2012
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/01/2011
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/02/2008
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-2,3 M €↓
  2. 2024
    Annual accounts 202445,3 k €↓
  3. 2023
    Annual accounts 2023595,3 k €↑
  4. 2022
    Annual accounts 2022157,8 k €↓
  5. 2021
    Annual accounts 20212,6 M €↑
  6. 2018
    Annual accounts 2018371,8 k €↑
  7. 2017
    Annual accounts 201718,1 k €↓
  8. 2016
    Annual accounts 20162,7 M €↑
  9. 2015
    Annual accounts 201522,4 k €↑
  10. 2014
    Annual accounts 20142 k €↑
  11. 2013
    Annual accounts 2013-8,1 k €↓
  12. 2012
    Annual accounts 2012-239 €↓
  13. 2012
    Name changeVlin
  14. 2011
    Annual accounts 20111,8 M €↑
  15. 2010
    Annual accounts 2010-2,8 k €↓
  16. 2009
    Annual accounts 2009-1,2 k €↑
  17. 2008
    Annual accounts 2008-1,5 k €
  18. 2008
    Name changeVEPA
  19. 28/11/2007
    IncorporationPrivate limited company