Result
€21,570 ▼ 79.7%
The result fell in 2025 from €106,173 to €21,570.
VADO
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €382,625 (2008)
€125,094▲ 4.1%
lowest -€18,837 (2021)
€21,570▼ 79.7%
peak €1.5m (2025)
€1.5m▲ 1.4%
€30,405▼ 53.6%
peak 4.8 FTE (2006)
0 FTE
Board2 names since 1990
2 directors and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Result from €106,173 to €21,570Debts from €65,562 to €30,405Cash from €130,224 to €425,642
Key points
from the 2025 annual accountsTurnover
≈ €320,000 estimated
The accounts state no turnover.
Liquidity
31.79 was 11.67 in 2024
Short-term debts fell from €64,377 to €23,620.
Filings
36 annual accounts since 1990
Five of the last ten came late. The 2019 accounts came latest: 52 days after the end of the period.
Restructuring
2
2 restructurings since 2024. Latest: merger with VADO KEUKENS.
Position in the sector
97.9%
Higher solvency than 95% of companies in furniture. Sector median 38.5% · 329 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as VADO has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,769 companies, not a prediction for VADO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 31-12-2023
Director, since 31-12-2023
- 1,000 sharesdeed of 01-02-2024
Recent changes
Merger: VADO takes over BV VADO KEUKENS
Reappointment: (director) · Appointment: (director) · “Fabricage met het oog op de plaatsing of uitsluitend plaatsing van alle voorwerpen of producten van hout…” (deed in Dutch) · General meeting of 14-05-2024 · Gazette deed
Merger proposal: VADO takes over VADO KEUKENS
holds 1,000 shares · The company holds 186 shares of VADO KEUKENS · The company holds 100 shares of VADO SURVEY · General meeting of 31-03-2024 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Essen
First establishment
VADO BVBA, Spijker 34, Essen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VADO Essen | €1.6m | €125,094 | 97.9% | 0 |
| CIBO Pittem | €1.5m | €150,977 | 38.3% | 0 |
| INFORMA Halle | €1.3m | €57,018 | 98.1% | 0 |
| Van Durme - Van Boxstael Erpe-Mere | €2.1m | €207,943 | 98.9% | 0 |
| IMMO MICHELDENOLF Ichtegem | €1.4m | €50,275 | 99.6% | 0 |
| LETINARD Ghent | €0.6m | €103,219 | 38.2% | 0.6 |
| SCHRIJNWERKERIJ & KEUKENS VAN MELLO Geraardsbergen | €1.4m | €134,290 | 40.8% | - |
These companies have the same main activity as VADO: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €601,000 and €2.1m, founded between 1973 and 2004.
Official details
Source: KBO- Status
- Active since 01-11-1989Normal situation
- Activity
- Manufacture of dining room, living room, bedroom and bathroom furnitureNACE 31004and 2 others
- Establishment unit
- 2.047.327.8272910 Essen, since 06-03-1990
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €1.6m▼ 0.9%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on VADO
VADO files the abbreviated format. That format states no turnover. The gross margin fell from €318,952 in 2006 to €125,094 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VADO
- What is the company number of VADO?
- The company number of VADO is 0439.428.014. The VAT number is the same number with BE in front: BE 0439.428.014.
- Where is VADO based?
- The registered office is at Spijker 34, 2910 Essen.Company details
- What does VADO do?
- According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
- What is the legal form of VADO?
- VADO is a private limited company (BV).
- When was VADO founded?
- VADO was founded on 01-11-1989.
- Is VADO still active?
- Yes, VADO is an active enterprise in the KBO register.
- What is the turnover of VADO?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €125,094 and 1,651 comparable companies of the same size. It probably lies between €190,000 and €590,000. It is a rough estimate.Financials
- Is VADO profitable?
- In financial year 2025, VADO made a profit of €21,570.
- Where can I find the annual accounts of VADO?
- VADO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VADO due?
- VADO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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