Financials
Financial year 2025
VASKON from Menen, company number BE0451169566, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year VASKON recorded a gross margin of € 6.1 million and equity of € 7.8 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.6 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 10, 2026.
€ 7.8 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 275
▼ € 134,710 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 7.4 million.
People and assets in 2025
20.7
▼ 11.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 46% vs 2024
€ 165,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 124,190
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 380,605
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 321,342
▼ 58% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,027,635 | € 3,584,654 | € 4,596,084 | € 6,092,076 | ▲ 33% |
| Profit after taxes | € 1,390,488 | € 1,003,155 | € 1,318,118 | € 1,597,706 | ▲ 21% |
| Equity | € 5,656,309 | € 5,459,464 | € 6,177,582 | € 7,827,351 | ▲ 27% |
| Total debts | € 3,222,893 | € 7,253,536 | € 3,994,458 | € 2,551,809 | ▼ 36% |
| Cash | € 1,827,440 | € 621,464 | € 134,985 | € 275 | ▼ € 134,710 |
| Land & buildings | € 1,908,405 | € 2,163,290 | € 2,108,623 | € 2,754,575 | ▲ 31% |
| Retained profit | € 5,308,018 | € 5,111,173 | € 5,829,291 | € 7,426,997 | ▲ 27% |
| Dividend | € 300,000 | € 1,200,000 | € 600,000 | € 0 | ▼ 100% |
| Bank debt | € 375,000 | € 225,000 | € 75,000 | € 0 | ▼ 100% |
| Balance sheet total | € 9,097,089 | € 12,841,819 | € 10,476,767 | € 10,626,269 | ▲ 1% |
| Employees (FTE) | 30.2 | 29.8 | 32 | 20.7 | ▼ 11.3 |
Key figures of VASKON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VASKON?
What happened at VASKON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Venco NV stepped down as director. NBB
- Ghema BV stepped down as director. NBB
- Valtech NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 21% vs 2024). Source: NBB ↗
- Venco NV became a director. NBB
- Ghema BV became a director. NBB
- Valtech NV became a director. NBB
- New establishment in Menen. KBO
In short
From € 1.4 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
On average € 294,300 of value added per employee in 2025.
Management
The stake of VALTECH, GHEMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VASKONThe shares are held by VALTECH (100%) and GHEMA (33.3%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Peter Vandeputte
Also active at: Redeltrans, SOENEN TECHNOLOGY, VALVAN, VALTECH, CODITECH, MOTUS HANDLING, VALVAN IMMO, GUALCHIERANI BALING SYSTEMS +1 more
since 2024 · until 2030
Managing director · represented by Luk Ghekiere
Also active at: HAECK SUBCONTRACTING, CODITECH
since 2024 · until 2030
Director · represented by Frank Vandeputte
Also active at: Union, CRETES, Redeltrans, CRETEN - BELGIUM, BARDOEL, ANZIPLAST, L.V.C., RENTEC +20 more
since 2024 · until 2030
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krommebeekstraat 26
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
vaskon.com
Registered
1999-10-12
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-10-12
Website info
Features
Security
Network
Details
- Company number
- 0451.169.566
- VAT number
- BE 0451.169.566
- Registered office
- Krommebeekstraat 26, 8930 Menen
- Names & denominations
- VASKON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1993
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vaskon.com
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van overige machines voor algemeen gebruik, n.e.g.
Reparatie en onderhoud van machines
Algemene elektrotechnische installatiewerken
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Installatie van industriële machines, toestellen en werktuigen