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V.L. DEVELOPMENT

Active Private limited companyfounded 1994active for 32 yearsAvenue Vésale 28, 1300 WavreKBO/BCE: BE 0453.434.220
V.L. DEVELOPMENT
Financial year 2025
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Annual accounts 2025

micro format, filed on 30-04-2026, on the day of the deadline
€109,191
▲ 12.2%
€84,520
▲ 15.6%
€106,450
▲ 11.9%
€59,924
▼ 6.7%
40.3%
▲ 6.0 percentage points
0.78
▼ 0.22

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.6m on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

40.3%

Higher than 59% of 17,185 companies in 2025.

0.78

Higher than 37% of 16,482 companies in 2025.

2.4%

Higher than 54% of 16,861 companies in 2025.

V.L. DEVELOPMENT Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

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

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.6m1.8m1.8m1.2m880,485811,418886,457614,241677,907593,961614,082491,176898,130923,531999,248795,648892,353974,039439,182555,002
21/28 1.2m1.2m1.3m497,402520,009540,523562,454353,087373,42512,76229,59839,57060,56060,79673,93323,84840,07756,57345,76773,068
22/27 430,771452,701474,694497,301519,908540,422562,353352,986373,32412,66129,49739,46960,45960,69573,83223,74739,97656,47245,66672,967
22 430,771452,701474,632496,562518,492540,422562,353352,626367,319---------27132
23 --637391,416---2,2585,5263,2411,8903,351---535051,0031,165
24 -------3603,7487,13626,25637,57957,10860,69573,83223,74739,92355,96744,63671,670
28 787,008787,008787,109101101101101101101101101101101101101101101101101101
29/58 396,287545,340587,793710,175360,476270,894324,003261,155304,482581,199584,484451,607837,570862,735925,315771,799852,276917,466393,416481,934
29 378,578378,578378,578433,078----------------
291 378,578378,578378,578433,078----------------
3 ----201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568--
30/36 ----201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568201,568--
40/41 13,684107,319185,98142,146115,4325,62343,54818,81964,485225,523194,02457,693470,249468,323205,500205,295164,62644,685268,906281,765
40 ---18,97291,4043,58228,46518,81935,21835,81232,262-307,035303,704153,628173,991145,87736,989180,34294,777
41 13,684107,319185,98123,17424,0282,04115,083-29,267189,711161,76157,693163,214164,62051,87231,30418,7507,69688,564186,988
50/53 ---27,16626,98626,90526,84026,728------341,803341,803341,803341,8032,3032,197
54/58 3,45859,34219,828203,43213,96331,49951,56914,03938,428154,108188,893191,655165,753191,461175,05522,883144,279329,299122,207195,780
490/1 5671013,4074,3522,5285,299477----691-1,3831,390250-111-2,192
Balance sheet: equity and liabilities
10/49 1.6m1.8m1.8m1.2m880,485811,418886,457614,241677,907593,961614,082491,176898,130923,531999,248795,648892,353974,039439,182555,002
10/15 650,370612,376570,171502,822352,458322,446262,907210,844180,021303,078249,004137,5309,48369,79914,862363,577413,337396,155277,254193,008
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,59518,59518,59518,59518,59518,59518,59518,59518,59518,59518,59518,59518,59518,595
101 ------12,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,395
13 528,853490,860448,654381,3053,2833,2833,2833,2833,2833,2833,2833,2833,2833,2833,2833,2833,2833,2833,2833,283
130/1 --1,8591,8591,8591,859--------------
130 ------1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
1311 --1,8591,8591,8591,859--------------
133 528,853490,860446,795379,4451,4241,4241,4241,4241,4241,4241,4241,4241,4241,4241,4241,4241,4241,4241,4241,424
14 115,317115,317115,317115,317342,975312,963253,424201,361170,538293,595239,521128,047-60,3165,379354,094403,854386,672267,771183,525
17/49 963,6951.2m1.3m704,755528,027488,971623,549403,397497,886290,883365,079353,647888,647853,732984,387432,071479,016577,884161,928361,994
17 443,125624,268763,957370,038407,133446,961473,270322,491375,53197,453133,162167,138199,463230,218259,480287,321326,568326,568--
170/4 436,925618,068763,957370,038407,133446,961473,270322,491375,53197,453133,162167,138199,463230,218259,480287,321326,568326,568--
178/9 6,2006,200------------------
42/48 510,665547,169513,535334,648120,48542,010109,71980,906122,355193,430231,916186,509689,184623,514724,906144,750144,301243,170161,928361,847
42 81,143128,89094,71637,09636,62526,30846,27553,04050,82735,70933,97532,32530,755-------
43 --------43,352----29,26227,84126,489----
430/8 --------43,352----29,26227,84126,489----
44 -878-39,84165,946-32,3816,34228,1765,63813,35912,483406,213422,784155,11452,156102,36592,746111,94432,267
440/4 -878-39,84165,946-32,3816,34228,1765,63813,35912,483406,213422,784155,11452,156102,36592,746111,94432,267
45 19,52330,40231,81937,71117,91415,70131,06321,524-152,083150,02079,13871,964129,468167,63930,10540,671145,87449,984162,980
450/3 19,52330,40231,81937,71112,91315,70127,01321,524-151,424147,63674,64571,566120,462160,86923,51716,565126,80231,756134,329
454/9 ----5,001-4,051--6582,3844,4933989,0066,7706,58824,10619,07218,22828,651
47/48 410,000387,000387,000220,000------34,56362,563180,25142,000374,31336,0001,2654,550-166,600
492/3 9,9051,2361,93370409-40,560---------8,1478,147-147
Income statement
70 -106,565295,153-----------------
76A -------------4001,90051,9012,200---
9900 109,19197,328124,919583,00383,535181,201116,43066,36812,604108,791274,535288,560226,512224,921260,51482,618206,843432,438327,288488,026
60/61 -16,573180,222-----------------
62 ---------20,39425,61427,96930,68742,44365,725100,109138,883121,167159,631164,907
630 21,93021,99322,60722,60722,56521,93022,29020,3386,65614,05125,42921,31222,41930,51029,52816,94123,73125,71629,51059,115
631/4 --65,000---65,000----------11,856----16,435
635/8 --------19,294--16,33635,630---------
640/8 2,74167,0603,58310,3585,2295,2324,3262,4961,1951,0981,4951,7405,2985,22510,94015,3882,84224,1325,1026,703
66A -1734901,797503143231124-4903,362410240---243---
9901 84,52073,10398,239548,24055,23888,89689,58362,7044,75489,584186,367237,539168,107146,743154,320-37,96441,387261,422133,046273,737
75/76B 9,37516,59012,0643,862811842977554,5235,5714,1924,3838225,0144,8003,29210,9185,1397,2697,611
75 9,37516,59012,0643,862811842977554,3665,5714,1924,3838225,0144,8003,29210,9185,1397,2697,611
76B --------157-----------
65/66B 36,19526,02710,2045,41912,33210,50811,43013,50617,80410,9419,47311,17112,72817,57516,14324,63433,65028,36413,36951,463
65 36,19526,02710,2045,41912,33210,50811,43013,50617,80410,9419,47311,17112,72817,57516,14324,63433,65028,36413,36951,463
9903 57,70063,665100,099546,68342,98778,57178,45049,953-8,52883,723177,724230,341155,961134,582144,877-7,40620,612238,197126,947229,885
67/77 19,70621,46032,750176,31912,97619,03226,38719,1294,60729,64966,25074,29551,77637,64647,34213,43086,29742,70189,989
9904 37,99442,20567,349370,36430,01159,53952,06330,824-13,13554,075111,474156,047104,18696,93797,535-7,40717,182151,90184,246139,897
9905 37,99442,20567,349370,36430,01159,53952,06330,824-13,13554,075111,474156,047104,18696,93797,535-7,40717,182151,90184,246139,897
Appropriation of the result
9906 153,311157,522182,666713,339342,975312,963253,424201,361280,461293,595239,521156,047164,501102,316451,629396,447403,854419,672267,771379,528
14P 115,317115,317115,317342,975312,963---------------
691/2 37,99442,20567,349378,022---------------3
691 -------------------3
6920 -------------------0
6921 37,99442,20567,349378,022----------------
694/7 ---220,000----109,923--28,000164,50142,000446,25042,353-33,000-196,000
694 ---220,000----109,923---138,251-446,25042,353-33,000-196,000
695 -----------28,00026,25042,000------
Social balance sheet
9087 ---------0.511111.52.6333.72.8
Hours worked1013 ---------1,2001,4021,4021,4021,6042,1773,6624,7564,6976,0959,216
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1994-2004) 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 filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 30-04-2026 2026-00101419 PDF
30-09-2024 micro format 01-05-2025 2025-00086151 PDF
30-09-2023 micro format 30-04-2024 2024-00079671 PDF
30-09-2022 micro format 24-11-2022 2022-20528975 PDF
30-09-2021 micro format 26-04-2022 2022-20019488 PDF
30-09-2020 micro format 30-04-2021 2021-12300269 PDF
30-09-2019 micro format 18-03-2020 2020-07000218 PDF
30-09-2018 micro format 25-04-2019 2019-10800438 PDF
30-09-2017 micro format 09-05-2018 2018-12600035 PDF
30-09-2016 abbreviated format 31-03-2017 2017-09000384 PDF
30-09-2015 abbreviated format 27-03-2016 2016-09100438 PDF
30-09-2014 abbreviated format 27-01-2016 2016-03700205 PDF
30-09-2013 abbreviated format 07-05-2014 2014-12100242 PDF
30-09-2012 abbreviated format 30-05-2013 2013-14800594 PDF
30-09-2011 abbreviated format 21-05-2012 2012-12200202 PDF
30-09-2010 abbreviated format 29-04-2011 2011-09900349 PDF
30-09-2009 abbreviated format 30-04-2010 2010-10600268 PDF
30-09-2008 abbreviated format 30-04-2009 2009-13000338 PDF
30-09-2007 abbreviated format 30-04-2008 2008-13100038 PDF
30-09-2006 abbreviated format 30-04-2007 2007-13200094 PDF
31-12-2004 abbreviated format 23-06-2005 2005-31705227 PDF
31-12-2003 abbreviated format 13-09-2004 2004-64100478 PDF
31-12-2002 abbreviated format 31-07-2003 2003-56700016 PDF
31-12-2001 abbreviated format 19-09-2002 2002-57002378 PDF
31-12-2000 abbreviated format 04-10-2001 2001-61801877 PDF
31-12-1999 abbreviated format 05-10-2000 2000-61805244 PDF
31-12-1998 abbreviated format 04-11-1999 1999-57104117 PDF
31-12-1997 abbreviated format 17-02-1999 1999-03201666 PDF
31-12-1996 abbreviated format 17-02-1999 1999-03201653 PDF
31-12-1995 abbreviated format 17-02-1999 1999-03201640 PDF
31-12-1994 abbreviated format 17-02-1999 1999-03201627 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
106,45095,095120,845570,84777,803110,826111,87383,04311,410103,634211,796258,851190,526177,254183,848-21,02365,118287,138162,556332,851
59,92464,19889,956392,97152,57681,46974,35351,162-6,47968,125136,903177,358126,605127,447127,0639,53540,912177,616113,755199,011
0-101787,00802,0500231,6570367,3197,61715,45732138,41217,37379,6137137,47757,9942,20966,416
-55,88339,514-183,604189,469-17,537-20,07037,530-24,389-115,680-34,785-2,76225,902-25,70816,406152,172-121,396-185,020207,092-73,573-
-114,378-1,82974,258375,527239,991228,884214,284180,249182,127387,769352,568265,097148,386239,221200,409627,050707,975674,297231,487120,087
-68.6%33.3%-----------------
40.3%34.3%30.8%41.6%40.0%39.7%29.7%34.3%26.6%51.0%40.5%28.0%1.1%7.6%1.5%45.7%46.3%40.7%63.1%34.8%
0.781.001.142.122.996.452.953.232.493.002.522.421.221.381.285.335.913.772.431.33
0.781.001.142.121.321.651.120.740.841.961.651.340.921.061.003.944.512.942.431.33
1.481.912.241.401.501.522.371.912.770.961.472.5793.7112.2366.241.191.161.460.581.88
5.8%6.9%11.8%73.7%8.5%18.5%19.8%14.6%-7.3%17.8%44.8%113.5%-138.9%656.3%-2.0%4.2%38.3%30.4%72.5%
2.4%2.4%3.6%30.7%3.4%7.3%5.9%5.0%-1.9%9.1%18.2%31.8%11.6%10.5%9.8%-0.9%1.9%15.6%19.2%25.2%
2.943.6511.84over 1006.31---------------
-368 days230 days-----------------
-19 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.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets----€2,050
Financial fixed assets--€787,008--
€21,930€21,993€22,607€22,607€22,565

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on V.L. DEVELOPMENT

The operating result for 2025 is 16% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 65.7% to 59.7%. Equity is higher and debt is lower.

Next steps

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