BART VDB
Annual accounts 2025
micro format, filed on 22-07-2026, 9 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €140,000 and €240,000.
Balance sheet
balance sheet total €284,381 on 31-12-2025in euro
in euro
Position in the sector
95.1%
Higher than 94% of 39,368 companies in 2025.
24.37
Higher than 95% of 38,051 companies in 2025.
20.1%
Higher than 59% of 38,523 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
284,381 | 280,533 | 205,784 | 203,369 | 148,755 | 110,213 | 87,806 | 57,914 | |
21/28 |
17,008 | 5,185 | 8,075 | 6,356 | 6,188 | 11,815 | 16,334 | 23,740 | |
22/27 |
17,008 | 5,185 | 8,075 | 6,356 | 6,188 | 11,815 | 16,334 | 23,740 | |
23 |
7,181 | 1,007 | 1,308 | - | - | - | - | - | |
24 |
9,827 | 4,178 | 6,767 | 6,356 | 6,188 | 11,815 | 16,334 | 23,740 | |
29/58 |
267,373 | 275,349 | 197,709 | 197,013 | 142,567 | 98,398 | 71,472 | 34,174 | |
40/41 |
60,088 | 56,373 | 50,732 | 17,211 | 18,689 | 2,891 | 1,659 | 5,448 | |
40 |
22,366 | 19,618 | 0 | 165 | - | - | - | - | |
41 |
37,722 | 36,756 | 50,732 | 17,046 | 18,689 | 2,891 | 1,659 | 5,448 | |
50/53 |
97,400 | 109,386 | 125,000 | 22,000 | - | - | - | - | |
54/58 |
109,783 | 100,356 | 6,871 | 152,075 | 122,009 | 93,699 | 69,715 | 11,705 | |
490/1 |
102 | 9,233 | 15,107 | 5,727 | 1,868 | 1,808 | 98 | 17,021 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
284,381 | 280,533 | 205,784 | 203,369 | 148,755 | 110,213 | 87,806 | 57,914 | |
10/15 |
270,505 | 266,195 | 202,908 | 200,060 | 143,924 | 93,538 | 71,325 | 24,639 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
13 |
251,905 | 247,595 | 184,308 | 181,460 | 125,324 | 74,938 | 52,725 | 6,039 | |
130/1 |
- | - | - | 0 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
- | - | - | 0 | 1,860 | 1,860 | - | - | |
133 |
251,905 | 247,595 | 184,308 | 181,460 | 123,464 | 73,078 | 50,865 | 4,179 | |
14 |
0 | - | - | - | - | - | - | - | |
17/49 |
13,876 | 14,338 | 2,876 | 3,309 | 4,830 | 16,675 | 16,481 | 33,274 | |
42/48 |
10,973 | 13,520 | 1,546 | 2,519 | 4,080 | 15,960 | 15,392 | 32,574 | |
44 |
1,623 | 672 | 1,546 | 2,519 | 4,080 | 5,715 | 383 | 883 | |
440/4 |
1,623 | 672 | 1,546 | 2,519 | 4,080 | 5,715 | 383 | 883 | |
45 |
9,350 | 12,848 | - | - | 0 | 10,245 | 15,009 | 5,050 | |
450/3 |
9,350 | 12,848 | - | - | 0 | 10,245 | 15,009 | 5,050 | |
47/48 |
- | - | - | - | - | - | - | 26,642 | |
492/3 |
2,903 | 818 | 1,330 | 790 | 750 | 715 | 1,089 | 700 | |
| Income statement | |||||||||
9900 |
91,317 | 92,891 | 10,931 | 84,715 | 83,184 | 44,529 | 78,619 | 23,399 | |
630 |
3,454 | 3,510 | 3,100 | 2,433 | 9,608 | 8,871 | 8,150 | 9,199 | |
640/8 |
2,834 | 2,426 | 1,649 | 2,234 | 1,757 | 2,673 | 3,239 | 2,261 | |
9901 |
85,028 | 86,955 | 6,182 | 80,047 | 71,820 | 32,986 | 67,230 | 11,939 | |
75/76B |
1,430 | 4,402 | 1,356 | 70 | - | - | - | - | |
75 |
1,430 | 4,402 | 1,356 | 70 | - | - | - | - | |
65/66B |
1,761 | 126 | 185 | 83 | 26 | 54 | 298 | 1,209 | |
65 |
1,761 | 126 | 185 | 83 | 26 | 54 | 298 | 1,209 | |
9903 |
84,697 | 91,232 | 7,354 | 80,033 | 71,794 | 32,932 | 66,931 | 10,729 | |
67/77 |
27,662 | 27,945 | 4,506 | 23,897 | 21,408 | 10,720 | 20,245 | 4,690 | |
9904 |
57,036 | 63,287 | 2,848 | 56,136 | 50,386 | 22,213 | 46,686 | 6,039 | |
9905 |
57,036 | 63,287 | 2,848 | 56,136 | 50,386 | 22,213 | 46,686 | 6,039 | |
| Appropriation of the result | |||||||||
9906 |
57,036 | 63,287 | 2,848 | 56,136 | 50,386 | 22,213 | 46,686 | 6,039 | |
791/2 |
52,725 | - | - | - | - | - | - | - | |
691/2 |
57,036 | 63,287 | 2,848 | 56,136 | 50,386 | 22,213 | 46,686 | 6,039 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
57,036 | 63,287 | 2,848 | 56,136 | 50,386 | 22,213 | 46,686 | 4,179 | |
694/7 |
52,725 | - | - | - | - | - | - | - | |
694 |
52,725 | - | - | - | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00317124 | |
| 31-12-2024 | micro format | 13-06-2025 | 2025-00135614 | |
| 31-12-2023 | micro format | 14-06-2024 | 2024-00129255 | |
| 31-12-2022 | micro format | 20-06-2023 | 2023-00138027 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20066733 | |
| 31-12-2020 | micro format | 16-06-2021 | 2021-20500202 | |
| 31-12-2019 | micro format | 18-06-2020 | 2020-17900395 | |
| 31-12-2018 | micro format | 14-06-2019 | 2019-18400486 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 88,483 | 90,465 | 9,282 | 82,481 | 81,428 | 41,856 | 75,379 | 21,138 | ||
| 60,490 | 66,797 | 5,948 | 58,570 | 59,994 | 31,083 | 54,836 | 15,239 | ||
| 15,278 | 620 | 4,818 | 2,602 | 3,981 | 4,351 | 744 | 32,939 | ||
| 9,427 | 93,485 | -145,205 | 30,067 | 28,310 | 23,984 | 58,010 | - | ||
| 256,400 | 261,828 | 196,163 | 194,494 | 138,486 | 82,438 | 56,080 | 1,599 | ||
| 95.1% | 94.9% | 98.6% | 98.4% | 96.8% | 84.9% | 81.2% | 42.5% | ||
| 24.37 | 20.37 | - | 78.21 | 34.94 | 6.17 | 4.64 | 1.05 | ||
| 0.05 | 0.05 | 0.01 | 0.02 | 0.03 | 0.18 | 0.23 | 1.35 | ||
| 21.1% | 23.8% | 1.4% | 28.1% | 35.0% | 23.7% | 65.5% | 24.5% | ||
| 20.1% | 22.6% | 1.4% | 27.6% | 33.9% | 20.2% | 53.2% | 10.4% | ||
| 50.24 | over 100 | 50.30 | over 100 | over 100 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €15,278 | €620 | €4,818 | €2,602 | €3,981 |
| €3,454 | €3,510 | €3,100 | €2,433 | €9,608 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BART VDB
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total falls from 5.1% to 4.9%. Equity is higher and debt is lower.