ACTIVE

V.L. PROJECTS

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Financial year 2025 · closed on 31/12/2025
Net result
387,5 k €
+142.9% YoY
Gross margin
907,9 k €
+61.4% YoY
Equity
1,1 M €
+24.3% YoY
Workforce
4,5 ETP
+28.6% YoY

What does V.L. PROJECTS do?

V.L. PROJECTS is a Private limited company incorporated in 2008. Its registered office is in Herentals. It employs on average 4,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0894.769.273
Incorporation
04/01/2008
Legal form
Private limited company
Registered office
Laagland(HRT) 10
2200 Herentals · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
4,5 ETP
Joint committees (3)
  • 12400
  • 20000
  • 218
Signals
ProfitableSolid 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

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin907,9 k €562,6 k €308,2 k €309,1 k €352,9 k €117,7 k €67,2 k €81,9 k €170,3 k €178,1 k €84,1 k €177,3 k €173,6 k €159,9 k €106,7 k €62,6 k €52,4 k €76,1 k €
EBITDA568,1 k €318,9 k €208,8 k €217,2 k €268 k €83,9 k €36,1 k €56,3 k €142,7 k €152,4 k €57,6 k €140,6 k €168,4 k €157,5 k €102 k €60,3 k €51,1 k €40,7 k €
Operating result542,8 k €261,1 k €67,5 k €201,1 k €253,2 k €78,4 k €30,8 k €49,9 k €137,7 k €144,8 k €48,4 k €125,6 k €145,6 k €132,7 k €58,6 k €44,3 k €43,6 k €35,5 k €
Net result387,5 k €159,5 k €45,6 k €141,9 k €188,6 k €50,1 k €10,5 k €28,9 k €83,3 k €81,5 k €15,2 k €63,7 k €95,2 k €82,7 k €28,2 k €28,6 k €30,1 k €1,6 k €
Balance sheet
Equity1,1 M €912,1 k €918 k €872,5 k €730,5 k €605,7 k €555,6 k €545 k €516,1 k €432,8 k €351,4 k €336,2 k €272,5 k €177,3 k €94,7 k €66,5 k €37,9 k €7,8 k €
Total assets2,9 M €1,9 M €1,7 M €1,7 M €1,4 M €1,4 M €1,4 M €1,6 M €834,9 k €767,3 k €566 k €513,5 k €492,7 k €373,1 k €425,8 k €354,3 k €319,7 k €154,1 k €
Cash323,5 k €194,6 k €227 k €466,5 k €606,1 k €428,3 k €61,1 k €125,1 k €38,9 k €66 k €64,3 k €15,4 k €82,3 k €55,2 k €31,3 k €–47,5 k €–
Debts1,7 M €1 M €789,6 k €832,2 k €655,7 k €745 k €797,1 k €1 M €315 k €331 k €208,6 k €173,1 k €216,8 k €192,3 k €327,6 k €287,7 k €281,6 k €146 k €
Other
Workforce4,5 ETP3,5 ETP1,6 ETP1,3 ETP1,4 ETP0,6 ETP–0,4 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP–––––0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

BOeM

Director · since 03 juin 2024 · 0664.779.305

Represented by Weyts JEN

Active
HERTAAN

Director · since 14 décembre 2021 · 0848.280.935

Represented by Wim VAN LAERE

Active

Ended mandates

HERTAAN

Director · since 01 février 2022 · 0848.280.935

Ended
J.V.L. CONSULT

Director · since 01 février 2022 · 0544.890.966

Ended
Johan Van Laere

Manager · since 01 janvier 2009

Ended
Wim Van Laere

Manager · since 09 janvier 2008

Ended
At this address

Other companies at this address

CompanyCBE no.
Sun Eco● Active
0678.862.418
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/07/202624/06/202528/06/202428/06/202323/07/202229/06/2021
General meeting15/06/202616/06/202517/06/202419/06/202320/06/202221/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202606/07/2026DutchPDF
Abridged model31/12/202416/06/202524/06/2025DutchPDF
Abridged model31/12/202317/06/202428/06/2024DutchPDF
Abridged model31/12/202219/06/202328/06/2023DutchPDF
Abridged model31/12/202120/06/202223/07/2022DutchPDF
Abridged model31/12/202021/06/202129/06/2021DutchPDF
Abridged model31/12/201930/07/202031/08/2020DutchPDF
Abridged model31/12/201817/06/201926/08/2019DutchPDF
Abridged model31/12/201718/06/201830/08/2018DutchPDF
Abridged model31/12/201619/06/201718/07/2017DutchPDF
Abridged model31/12/201520/06/201631/08/2016DutchPDF
Abridged model31/12/201415/06/201531/08/2015DutchPDF
Abridged model31/12/201316/06/201422/08/2014DutchPDF
Abridged model31/12/201217/06/201329/08/2013DutchPDF
Abridged model31/12/201118/06/201227/06/2012DutchPDF
Abridged model31/12/201020/06/201114/07/2011DutchPDF
Abridged model31/12/200921/06/201020/07/2010DutchPDF
Abridged model31/12/200815/06/200913/07/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 2 active · 6 ended

Active mandates

BOeM

Director · since 03 juin 2024 · 0664.779.305

Represented by Weyts JEN

Active
HERTAAN

Director · since 14 décembre 2021 · 0848.280.935

Represented by Wim VAN LAERE

Active

Ended mandates

HERTAAN

Director · since 01 février 2022 · 0848.280.935

Ended
J.V.L. CONSULT

Director · since 01 février 2022 · 0544.890.966

Ended
Johan Van Laere

Manager · since 01 janvier 2009

Ended
Wim Van Laere

Manager · since 09 janvier 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/11/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office31/01/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/01/2008
    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

Timeline

  1. 2025
    Annual accounts 2025387,5 k €↑
  2. 2024
    Annual accounts 2024159,5 k €↑
  3. 2023
    Annual accounts 202345,6 k €↓
  4. 2022
    Annual accounts 2022141,9 k €↓
  5. 2021
    Annual accounts 2021188,6 k €↑
  6. 2020
    Annual accounts 202050,1 k €↑
  7. 2019
    Annual accounts 201910,5 k €↓
  8. 2018
    Annual accounts 201828,9 k €↓
  9. 2017
    Annual accounts 201783,3 k €↑
  10. 2016
    Annual accounts 201681,5 k €↑
  11. 2015
    Annual accounts 201515,2 k €↓
  12. 2014
    Annual accounts 201463,7 k €↓
  13. 2013
    Annual accounts 201395,2 k €↑
  14. 2012
    Annual accounts 201282,7 k €↑
  15. 2011
    Annual accounts 201128,2 k €↓
  16. 2010
    Annual accounts 201028,6 k €↓
  17. 2009
    Annual accounts 200930,1 k €↑
  18. 2008
    Annual accounts 20081,6 k €
  19. 04/01/2008
    IncorporationPrivate limited company