ACTIVE

V.D.S.

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Financial year 2025 · closed on 31/12/2025

Net result

-60,6 k €

-586.9% YoY

Gross margin

190,4 k €

-16.5% YoY

Equity

498,9 k €

-10.8% YoY

What does V.D.S. do?

V.D.S. is a Private company with limited liability incorporated in 2007. Its main activity is: Removal services. Its registered office is in Asse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.266.259

Incorporation

18/12/2007

Legal form

Private company with limited liability

Registered office

Poverstraat 132
1731 Asse · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

49420Removal services· main 49420Removal services

Joint committees (1)

14005

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy 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	190,4 k €	-16.5%	228 k €	-34.0%	345,7 k €	+0.3%	344,8 k €	+1.3%	340,5 k €	+25.0%	272,4 k €	-14.5%	318,6 k €	+85.6%	171,7 k €	-16.9%	206,6 k €	+32.7%	155,7 k €	-4.9%	163,7 k €	-12.2%	186,6 k €	-25.7%	251,1 k €	-3.5%	260,1 k €	+3.0%	252,5 k €	+24.4%	203 k €	+32.9%	152,8 k €	-17.4%	184,9 k €
EBITDA	2,1 k €	-97.0%	71,3 k €	-55.9%	161,5 k €	-13.2%	186 k €	-9.6%	205,8 k €	+3.9%	198,1 k €	+51.1%	131,1 k €	+55.0%	84,5 k €	-3.3%	87,4 k €	+59.4%	54,8 k €	-10.3%	61,1 k €	+1.9%	60 k €	-30.5%	86,3 k €	-16.5%	103,3 k €	-9.5%	114,1 k €	+41.2%	80,9 k €	+24.2%	65,1 k €	-23.8%	85,4 k €
Operating result	-58,8 k €	-366%	22,1 k €	-81.7%	120,7 k €	+5.0%	115 k €	-17.7%	139,7 k €	+11.3%	125,5 k €	+133%	53,9 k €	+18.9%	45,4 k €	-26.5%	61,7 k €	+127%	27,2 k €	-0.0%	27,2 k €	+28.0%	21,3 k €	-3.6%	22 k €	-50.2%	44,2 k €	-0.8%	44,6 k €	+96.6%	22,7 k €	+61.6%	14 k €	+22.1%	11,5 k €
Net result	-60,6 k €	-587%	12,4 k €	-85.3%	84,8 k €	-0.6%	85,3 k €	-18.0%	104,1 k €	+17.7%	88,5 k €	+189%	30,6 k €	+12.3%	27,2 k €	-15.8%	32,3 k €	+5393%	588,8 €	-92.6%	8 k €	+87.7%	4,3 k €	+83.0%	2,3 k €	-88.7%	20,6 k €	-44.4%	37,1 k €	+454%	6,7 k €	+339%	1,5 k €	+127%	674,8 €
Balance sheet
Equity	498,9 k €	-10.8%	559,6 k €	+2.3%	547,1 k €	+18.4%	462,3 k €	+22.6%	376,9 k €	+38.1%	272,9 k €	+48.0%	184,4 k €	+19.9%	153,8 k €	+21.5%	126,6 k €	+34.3%	94,3 k €	+0.6%	93,7 k €	+9.3%	85,7 k €	+5.2%	81,4 k €	+2.9%	79,1 k €	+35.3%	58,4 k €	+174%	21,3 k €	+45.9%	14,6 k €	+11.7%	13,1 k €
Total assets	849,8 k €	-10.4%	948,1 k €	-12.6%	1,1 M €	+1.9%	1,1 M €	-4.9%	1,1 M €	+5.9%	1,1 M €	+15.0%	919,1 k €	+9.1%	842,2 k €	+7.6%	782,5 k €	+16.0%	674,8 k €	+5.9%	637,2 k €	+2.1%	624,3 k €	+34.2%	465,4 k €	+12.5%	413,8 k €	+9.8%	376,9 k €	+34.3%	280,7 k €	+11.9%	250,9 k €	+0.4%	249,9 k €
Cash	345 k €	+29.5%	266,5 k €	+27.6%	208,9 k €	+39.7%	149,5 k €	-35.1%	230,5 k €	+34.7%	171,2 k €	+366%	36,8 k €	-69.6%	121,1 k €	+1005%	11 k €	-83.1%	64,9 k €	+62.8%	39,9 k €	+59.8%	24,9 k €	-76.6%	106,7 k €	+8.5%	98,3 k €	+108%	47,4 k €	+44.4%	32,8 k €	-43.1%	57,6 k €	+54.3%	37,3 k €
Debts	350,8 k €	-9.5%	387,6 k €	-27.9%	537,6 k €	-10.7%	602,1 k €	-18.6%	740,1 k €	-5.3%	781,9 k €	+6.4%	734,6 k €	+6.7%	688,4 k €	+5.0%	655,9 k €	+13.0%	580,6 k €	+6.8%	543,6 k €	+0.9%	538,7 k €	+40.3%	383,9 k €	+16.4%	329,8 k €	+4.9%	314,5 k €	+21.9%	258 k €	+10.3%	233,9 k €	-0.9%	236,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,7 ETP	-28.9%	3,8 ETP	-15.6%	4,5 ETP	+7.1%	4,2 ETP	-20.8%	5,3 ETP	+39.5%	3,8 ETP	+22.6%	3,1 ETP	-3.1%	3,2 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 31/12/2025 · 1 active · 3 ended

Active mandates

Bart Van Der Smissen

Director

Active

Ended mandates

Bart Van Der Smissen

Manager

Ended

Bart Vandersmissen

Director

Ended

Bart VANDERSMISSEN

Manager

Ended

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2026	30/08/2025	16/09/2024	01/09/2023	31/08/2022	31/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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
Micro model	31/12/2025	26/06/2026	29/08/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	30/08/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	16/09/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	01/09/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	04/09/2020	02/11/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	12/09/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	18/08/2009	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 31/12/2025 · 1 active · 3 ended

Active mandates

Bart Van Der Smissen

Director

Active

Ended mandates

Bart Van Der Smissen

Manager

Ended

Bart Vandersmissen

Director

Ended

Bart VANDERSMISSEN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office02/04/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/03/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other27/12/2007
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 2025-60,6 k €↓
2024
Annual accounts 202412,4 k €↓
2023
Annual accounts 202384,8 k €↓
2022
Annual accounts 202285,3 k €↓
2021
Annual accounts 2021104,1 k €↑
2020
Annual accounts 202088,5 k €↑
2019
Annual accounts 201930,6 k €↑
2018
Annual accounts 201827,2 k €↓
2017
Annual accounts 201732,3 k €↑
2016
Annual accounts 2016588,8 €↓
2015
Annual accounts 20158 k €↑
2014
Annual accounts 20144,3 k €↑
2013
Annual accounts 20132,3 k €↓
2012
Annual accounts 201220,6 k €↓
2011
Annual accounts 201137,1 k €↑
2010
Annual accounts 20106,7 k €↑
2009
Annual accounts 20091,5 k €↑
2008
Annual accounts 2008674,8 €
18/12/2007
IncorporationPrivate company with limited liability

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

V.D.S.

Overview

What does V.D.S. do?

Trend over 18 financial years

Indicative valuation

Board of directors

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