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V.C.E.

Active Private limited companyfounded 1996active for 29 yearsM. Francisstraat 15, 3150 HaachtKBO/BCE: BE 0459.376.459
V.C.E.
Financial year 2025
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Annual accounts 2025

micro format, filed on 16-09-2026, 47 days late
€74,852
▲ 17.1%
€54,020
▲ 20.2%
€59,364
▲ 18.0%
-€87,801
▼ €93,454
5.8%
▼ 15.7 percentage points
1.03
▼ 0.18

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €360,000. Estimated: probably between €200,000 and €620,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €810,236 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

5.8%

Higher than 26% of 22,917 companies in 2025.

1.03

Higher than 32% of 22,047 companies in 2025.

-11.5%

Higher than 16% of 22,197 companies in 2025.

V.C.E. Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 810,236652,708949,520299,272322,254716,351313,042269,132165,110228,098231,565194,862188,342189,684270,000241,757295,026303,170374,188373,738
21/28 27,42832,77238,11643,46060,97078,48159,49271,82684,16096,494108,82886,21392,89398,237106,581114,925123,096131,268130,233141,201
22/27 27,42832,77238,11643,46060,97078,48159,49271,82684,16096,494108,82886,21392,89398,237106,581114,925123,096131,268130,233141,201
22 27,42832,77238,11643,46060,97078,48159,49264,83670,18075,52480,86986,21392,89398,237103,581108,925114,096119,268124,440129,612
23 -------6,99013,98020,97027,959-------52108
24 --------------3,0006,0009,00012,0005,74111,481
29/58 782,808619,936911,404255,812261,284637,870253,550197,30680,950131,604122,737108,64995,44991,447163,419126,832171,930171,902243,955232,537
3 210,310170,114777,621197,000124,660605,358165,320162,16521,26263,34577,66777,66742,00076,370156,43592,985115,405110,305127,50699,283
30/36 210,310170,114777,621197,000124,660605,358165,320162,16521,26263,34577,66777,66742,00076,370156,43592,985115,405110,305127,50699,283
40/41 564,314441,410129,76951,15861,90525,68258,82333,24458,52666,26344,11430,98253,44914,6232,89431,79037,36436,13495,864110,023
40 287,942308,54675,23551,15861,90525,68258,76520,78550,72057,38636,33924,81027,6007,200030,28337,36430,47140,36352,800
41 276,371132,86454,534---5812,4597,8068,8777,7756,17225,8497,4232,8941,507-5,66355,50157,223
54/58 7,8018,4132,9117,09573,4224,63429,407831,1621,996956--4541,8242,05719,16125,46320,58523,231
490/1 384-1,1035591,2972,196-1,814------2,266-----
Balance sheet: equity and liabilities
10/49 810,236652,708949,520299,272322,254716,351313,042269,132165,110228,098231,565194,862188,342189,684270,000241,757295,026303,170374,188373,738
10/15 47,178140,324140,015137,038116,09595,73672,25960,49715,90014,42413,44412,06410,6978,3015,968505-2,471-2,7853,45712,398
10/11 18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
100 -----18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
13 115,859115,859115,859115,85995,85975,85952,85945,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
130/1 ---1,8591,8591,859--------------
130 -----1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
1311 ---1,8591,859---------------
133 115,859115,859115,859114,00094,00074,00051,00044,000------------
14 -87,2735,8725,5642,5871,6441,285808-3,954-4,551-6,027-7,007-8,387-9,754-12,150-14,483-19,946-22,922-23,236-16,994-8,053
17/49 763,058512,385809,505162,234206,159620,615240,783208,635149,210213,674218,121182,798177,645181,383264,032241,252297,497305,955370,731361,340
17 -------18,70942,32956,84681,58073,46285,99097,730108,733119,044162,160179,123194,858209,455
170/4 -------18,70942,32956,84681,58073,46285,99097,730108,733119,044162,160179,123194,858209,455
42/48 763,058512,385809,505162,234206,159620,615240,783154,926106,881156,828136,541109,33691,65583,653151,039122,208135,337126,832175,873151,885
42 --149,0001,254192,699409,96618,70940,30022,39629,12125,61412,52811,74111,00310,3119,66316,96315,73514,59817,828
43 495,957497,957511,9949,892-24,054-23,20420,04814,41224,89821,2445,91123,82624,39525,77123,31121,13022,51119,538
430/8 495,957497,957511,9949,892-24,054-23,20420,04814,41224,89821,2445,91123,82624,39525,77123,31121,13022,51119,538
44 13,0635,857103,23011,6901036,33117,1855,5433,51815,0552,742----2,11055,32645,54188,29860,345
440/4 13,0635,857103,23011,6901036,33117,1855,5433,51815,0552,742----2,11055,32645,54188,29860,345
45 3,0066,0065,2677,2677,2667,5669,09310,3575,0987,1022,605-17,360-3,590-14,07611,8363,85515,074
450/3 3,0063,0062,2674,2674,2664,5666,09310,3574,2883,2921,795-17,360-3,590-14,07611,3263,85515,074
454/9 -3,0003,0003,0003,0003,0003,000-8103,810810------510--
47/48 251,0332,56540,014132,1316,091172,698195,79675,52255,82191,13880,68275,56456,64348,824112,74384,66425,66132,59046,61139,100
492/3 -------35,000------4,260-----
Income statement
70 ------------------424,653438,277
9900 74,85263,92940,58582,21666,00578,31158,79686,00727,47539,43336,12528,27032,66725,22644,92435,18634,51239,87538,05253,347
60/61 ------------------386,601384,930
62 ----------------2,2002,4004,400-
630 5,3445,3445,34417,51017,51117,51115,28112,33412,33412,33412,3346,6805,3448,3448,3448,1728,17213,96410,96810,968
640/8 15,48913,6308,22825,7208,17513,25018,5246,3146,06612,65710,59710,23813,5075,53618,8617,4118,71610,85514,0436,968
66A ------------200--1,380---23,000
9901 54,02044,95527,01338,98640,31947,55024,99167,3599,07514,44213,19411,35213,81611,34617,71919,60315,42412,6568,64135,411
75/76B -0478--1-327-1,193-19-121,936--6,5731,436
75 -0478--1-327-1,193-19-121,936--6,5731,436
65/66B 147,16543,90722,9657,9478,94014,1397,1826,5057,17113,20912,6339,2189,63810,84110,26817,18315,11018,89824,15521,699
65 42,83643,90722,9657,9478,94014,1397,1826,5057,17113,20912,6339,2189,63810,84110,26817,18315,11018,89824,15521,699
66B 104,329-------------------
9903 -93,1461,0484,52631,03931,37933,41217,80960,8571,9311,2331,7542,1343,9975057,4632,976314-6,242-8,941-7,852
67/77 -7391,54910,09611,0209,9356,04716,2604552533747671,601-1,8282,000----2,144
9904 -93,1463092,97720,94320,35923,47711,76244,5971,4769801,3801,3672,3962,3335,4632,976314-6,242-8,941-9,996
9905 -93,1463092,97720,94320,35923,47711,76244,5971,4769801,3801,3672,3962,3335,4632,976314-6,242-8,941-9,996
Appropriation of the result
9906 -87,2735,8725,56422,58721,64424,2857,80840,046-4,551-6,027-7,007-8,387-9,754-12,150-14,483-19,946-22,922-23,236-16,994-8,053
14P 5,8725,5642,5871,6441,285---------------
691/2 ---20,00020,00023,0007,00044,000------------
6921 ---20,00020,00023,0007,00044,000------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 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 16-09-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 47 days after the deadline. Filed on 16 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00514381.

Financial year Type Filed Reference Document
31-12-2025 micro format 16-09-2026 2026-00514381 PDF
31-12-2024 micro format 30-08-2025 2025-00451703 PDF
31-12-2023 micro format 28-08-2024 2024-00387151 PDF
31-12-2022 micro format 04-08-2023 2023-00313599 PDF
31-12-2021 micro format 25-08-2022 2022-20336851 PDF
31-12-2020 micro format 31-08-2021 2021-60700323 PDF
31-12-2019 micro format 04-11-2020 2020-68600095 PDF
31-12-2018 micro format 10-10-2019 2019-69900331 PDF
31-12-2017 micro format 21-09-2018 2018-64000140 PDF
31-12-2016 micro format 25-09-2017 2017-62500112 PDF
31-12-2015 abbreviated format 29-08-2016 2016-52300040 PDF
31-12-2014 abbreviated format 31-08-2015 2015-57600294 PDF
31-12-2013 abbreviated format 31-08-2014 2014-56800303 PDF
31-12-2012 abbreviated format 15-09-2013 2013-59000083 PDF
31-12-2011 abbreviated format 10-09-2012 2012-56100575 PDF
31-12-2010 abbreviated format 05-10-2011 2011-57700148 PDF
31-12-2009 abbreviated format 30-08-2010 2010-50900568 PDF
31-12-2008 abbreviated format 31-08-2009 2009-69800082 PDF
31-12-2007 abbreviated format 28-09-2008 2008-74800250 PDF
31-12-2006 abbreviated format 29-08-2007 2007-62800106 PDF
31-12-2005 abbreviated format 29-09-2006 2006-81502718 PDF
31-12-2004 abbreviated format 30-09-2005 2005-76803129 PDF
31-12-2003 abbreviated format 10-11-2004 2004-78700775 PDF
31-12-2002 abbreviated format 27-11-2003 2003-80603828 PDF
31-12-2001 abbreviated format 26-08-2002 2002-49704834 PDF
31-12-2000 abbreviated format 29-10-2001 2001-66801496 PDF
31-12-1999 abbreviated format 21-12-2000 2000-76803889 PDF
31-12-1998 abbreviated format 22-12-1999 1999-64202907 PDF
31-12-1997 abbreviated format 09-09-1998 1998-45802036 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
59,36450,29932,35756,49657,83065,06140,27279,69321,40926,77625,52818,03219,16019,69026,06327,77523,59626,62019,60946,379
-87,8015,6538,32138,45337,87040,98827,04356,93113,81013,31413,7148,0477,74010,67713,80711,1488,4867,7222,027972
0-000036,5002,94700034,94900001015,0000-
-6125,502-4,184-66,32768,788-24,77329,324-1,079-8341,040----1,370-233-17,104-6,3024,878-2,646-
19,750107,552101,89993,57855,12517,25512,76742,380-25,931-25,224-13,804-6873,7947,79412,3804,62436,59345,07068,08280,652
------------------2.0%8.1%
5.8%21.5%14.7%45.8%36.0%13.4%23.1%22.5%9.6%6.3%5.8%6.2%5.7%4.4%2.2%0.2%-0.8%-0.9%0.9%3.3%
1.031.211.131.581.271.031.051.270.760.840.900.991.041.091.081.041.271.361.391.53
0.750.880.170.360.660.050.370.230.560.440.330.280.580.180.050.280.420.490.660.88
16.173.655.781.181.786.483.333.459.3814.8116.2215.1516.6121.8544.24----29.15
-197.4%0.2%2.1%15.3%17.5%24.5%16.3%73.7%9.3%6.8%10.3%11.3%22.4%28.1%91.5%----258.6%-80.6%
-11.5%0.0%0.3%7.0%6.3%3.3%3.8%16.6%0.9%0.4%0.6%0.7%1.3%1.2%2.0%1.2%0.1%-2.1%-2.4%-2.7%
1.391.151.417.116.47---------------
------------------35 days44 days
------------------83 days57 days

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.

Insights on V.C.E.

The operating result for 2025 is 20% higher than in 2024 and the highest since 2018. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 78.5% to 94.2%. Equity is lower and debt is higher.

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