V&V
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of 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 ≈ €110,000. Estimated: probably between €63,000 and €180,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €117,088 on 31-12-2025in euro
in euro
Position in the sector
80.3%
Higher than 85% of 37,177 companies in 2025.
3.74
Higher than 78% of 36,472 companies in 2025.
-11.9%
Higher than 11% of 36,707 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
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 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
117,088 | 165,907 | 96,976 | 85,725 | 94,813 | 158,672 | 114,900 | 93,083 | 87,201 | 119,950 | 150,039 | 123,162 | 112,435 | 96,763 | 82,750 | 101,864 | |
21/28 |
30,925 | 44,718 | 13,269 | 20,638 | 30,686 | 39,242 | 5,052 | 15,130 | 25,207 | 42,008 | 58,614 | 43,493 | 73,204 | 73,917 | 62,625 | 73,063 | |
22/27 |
30,925 | 44,718 | 13,269 | 20,638 | 29,186 | 37,742 | 3,552 | 13,630 | 23,707 | 40,508 | 57,114 | 43,493 | 73,204 | 73,917 | 62,625 | 73,063 | |
23 |
0 | - | - | - | 1,179 | 2,366 | 3,552 | 4,956 | 6,359 | 11,089 | 15,623 | 33,301 | 48,865 | 66,417 | 62,625 | 73,063 | |
24 |
30,925 | 44,718 | 13,269 | 20,638 | 28,007 | 35,376 | - | 8,674 | 17,348 | 29,419 | 41,491 | 10,192 | 24,339 | 7,500 | - | - | |
28 |
- | - | - | - | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | - | - | - | - | - | |
29/58 |
86,163 | 121,188 | 83,708 | 65,088 | 64,127 | 119,431 | 109,848 | 77,953 | 61,994 | 77,942 | 91,425 | 79,669 | 39,231 | 22,846 | 20,125 | 28,801 | |
3 |
- | - | - | - | - | 27 | 490 | 1,573 | 3,578 | 1,422 | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | 27 | 490 | 1,573 | 3,578 | 1,422 | - | - | - | - | - | - | |
40/41 |
37,743 | 47,170 | 22,079 | 27,429 | 19,730 | 56,522 | 76,335 | 50,153 | 32,295 | 47,104 | 44,056 | 39,804 | 14,677 | 7,052 | 10,264 | 0 | |
40 |
21,315 | 25,044 | 1,674 | 5,549 | 5,995 | 46,350 | 65,171 | 36,740 | 4,551 | 40,747 | 24,776 | 19,444 | 5,650 | 6,197 | 10,264 | 0 | |
41 |
16,428 | 22,126 | 20,406 | 21,880 | 13,735 | 10,171 | 11,164 | 13,413 | 27,744 | 6,357 | 19,280 | 20,360 | 9,027 | 855 | - | - | |
54/58 |
48,421 | 72,884 | 60,531 | 36,541 | 43,310 | 62,159 | 32,650 | 26,227 | 26,121 | 29,416 | 47,369 | 39,865 | 21,552 | 10,702 | 2,175 | 18,037 | |
490/1 |
- | 1,135 | 1,097 | 1,118 | 1,087 | 722 | 373 | - | - | - | - | - | 3,002 | 5,092 | 7,686 | 10,764 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
117,088 | 165,907 | 96,976 | 85,725 | 94,813 | 158,672 | 114,900 | 93,083 | 87,201 | 119,950 | 150,039 | 123,162 | 112,435 | 96,763 | 82,750 | 101,864 | |
10/15 |
94,026 | 107,922 | 64,397 | 40,193 | 54,679 | 55,737 | 42,469 | 50,338 | 48,864 | 68,227 | 64,599 | 59,808 | 31,915 | 27,272 | 3,604 | 2,900 | |
10/11 |
27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 3,500 | 3,500 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 3,500 | 3,500 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
13 |
37,397 | 37,397 | 13,268 | 13,268 | 13,268 | 13,268 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | - | - | |
130 |
- | - | - | - | - | - | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | - | - | |
133 |
37,397 | 37,397 | 13,268 | 13,268 | 13,268 | 13,268 | - | - | - | - | - | - | - | - | - | - | |
14 |
29,629 | 43,526 | 24,128 | -76 | 14,411 | 15,469 | 15,469 | 23,338 | 21,864 | 41,227 | 37,599 | 32,808 | 4,915 | 272 | 104 | -600 | |
17/49 |
23,062 | 57,984 | 32,580 | 45,533 | 40,134 | 102,936 | 72,431 | 42,745 | 38,337 | 51,723 | 85,440 | 63,354 | 80,520 | 69,491 | 79,146 | 98,964 | |
17 |
- | 8,053 | 6,340 | 13,841 | 22,916 | 36,858 | 14,887 | 21,281 | 28,222 | 38,337 | 10,708 | 27,341 | 28,997 | 42,381 | 55,764 | 69,147 | |
170/4 |
- | 8,053 | 6,340 | 13,841 | 22,916 | 36,858 | 14,887 | 21,281 | 28,222 | 38,337 | 10,708 | 27,341 | 28,997 | 42,381 | 55,764 | 69,147 | |
42/48 |
23,062 | 49,931 | 26,240 | 31,692 | 17,218 | 66,078 | 57,544 | 21,464 | 10,115 | 13,386 | 74,732 | 36,013 | 51,523 | 27,110 | 23,382 | 29,817 | |
42 |
8,053 | 16,688 | 7,501 | 9,075 | 13,942 | 13,692 | 6,394 | 6,941 | 10,115 | 12,049 | 16,634 | 15,909 | 13,383 | 14,964 | 13,383 | 13,383 | |
44 |
1,733 | 19,360 | 15,619 | 21,767 | 1,184 | 48,330 | 50,024 | 700 | - | 19 | 26,028 | 10,354 | 16,388 | 2,688 | 223 | 146 | |
440/4 |
1,733 | 19,360 | 15,619 | 21,767 | 1,184 | 48,330 | 50,024 | 700 | - | 19 | 26,028 | 10,354 | 16,388 | 2,688 | 223 | 146 | |
45 |
13,277 | 13,884 | 3,120 | 850 | 2,093 | 4,056 | 1,126 | 1,126 | - | 1,318 | 1,300 | 9,750 | 1,750 | 2,300 | 3,552 | 936 | |
450/3 |
13,277 | 13,884 | 3,120 | 850 | 2,093 | 4,056 | - | - | - | 1,318 | 1,300 | 9,750 | 1,750 | 2,300 | 3,552 | 936 | |
454/9 |
- | - | - | - | - | - | 1,126 | 1,126 | - | - | - | - | - | - | - | - | |
47/48 |
- | - | - | - | - | - | - | 12,697 | - | - | 30,770 | - | 20,002 | 7,158 | 6,224 | 15,351 | |
| Income statement | |||||||||||||||||
70 |
- | - | - | - | - | - | - | - | 233,090 | 312,190 | 317,070 | 323,772 | 274,097 | 65,940 | 18,400 | 16,700 | |
9900 |
9,253 | 39,323 | 35,814 | -1,859 | 10,087 | 18,528 | 4,682 | 17,061 | 21,204 | 70,294 | 76,176 | 105,622 | 42,088 | 22,892 | 14,650 | 12,893 | |
60/61 |
- | - | - | - | - | - | - | - | 211,886 | 241,896 | 240,894 | 218,150 | 232,009 | 43,048 | 3,751 | 3,807 | |
62 |
- | - | - | - | - | - | 1,890 | 2,029 | 21,695 | 48,355 | 36,764 | 34,466 | - | - | 348 | - | |
630 |
15,292 | 14,683 | 7,369 | 8,548 | 8,556 | 2,656 | 10,078 | 10,077 | 16,801 | 16,606 | 30,835 | 32,694 | 31,700 | 10,437 | 10,438 | 10,438 | |
640/8 |
4,691 | 3,242 | 2,994 | 3,046 | 1,894 | 1,272 | 669 | 2,650 | 300 | 279 | 1,046 | 326 | 488 | 73 | - | - | |
66A |
1,488 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-12,218 | 21,398 | 25,452 | -13,454 | -363 | 14,599 | -7,955 | 2,305 | -17,592 | 5,054 | 7,531 | 38,136 | 9,900 | 12,382 | 3,865 | 2,456 | |
75/76B |
311 | 37,395 | 782 | 853 | 1,003 | 1,085 | 679 | - | - | - | 31 | 21 | 145 | - | - | - | |
75 |
311 | 48 | 782 | 853 | 1,003 | 1,085 | 679 | - | - | - | 31 | 21 | 145 | - | - | - | |
76B |
- | 37,347 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
1,578 | 2,295 | 1,104 | 1,341 | 1,393 | 1,090 | 594 | 831 | 1,124 | 1,408 | 1,624 | 2,264 | 2,744 | 2,914 | 3,160 | 3,056 | |
65 |
1,578 | 2,295 | 1,104 | 1,341 | 1,393 | 1,090 | 594 | 831 | 1,124 | 1,408 | 1,624 | 2,264 | 2,744 | 2,914 | 3,160 | 3,056 | |
9903 |
-13,485 | 56,498 | 25,130 | -13,942 | -752 | 14,595 | -7,870 | 1,474 | -18,716 | 3,646 | 5,938 | 35,893 | 7,301 | 9,468 | 705 | -600 | |
67/77 |
411 | 12,973 | 925 | 545 | 305 | 1,327 | - | - | 647 | 18 | 1,147 | 8,000 | 2,658 | 2,300 | - | - | |
9904 |
-13,896 | 43,526 | 24,204 | -14,487 | -1,057 | 13,268 | -7,870 | 1,474 | -19,363 | 3,628 | 4,791 | 27,893 | 4,643 | 7,168 | 705 | -600 | |
9905 |
-13,896 | 43,526 | 24,204 | -14,487 | -1,057 | 13,268 | -7,870 | 1,474 | -19,363 | 3,628 | 4,791 | 27,893 | 4,643 | 7,168 | 705 | -600 | |
| Appropriation of the result | |||||||||||||||||
9906 |
29,629 | 67,654 | 24,128 | -76 | 14,411 | 28,737 | 15,469 | 23,338 | 21,864 | 41,227 | 37,599 | 32,808 | 4,915 | 7,272 | 104 | -600 | |
14P |
43,526 | 24,128 | -76 | 14,411 | 15,469 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 24,128 | - | - | - | 13,268 | - | - | - | - | - | - | - | 7,000 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 7,000 | - | - | |
6921 |
- | 24,128 | - | - | - | 13,268 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | 1 | - | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | 1,512 | - | - | - | - | - | - | |
| 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 31-07-2026.
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 | 31-07-2026 | 2026-00365383 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00195626 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00262732 | |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00235137 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20347558 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-53900496 | |
| 31-12-2019 | micro format | 28-09-2020 | 2020-57400226 | |
| 31-12-2018 | micro format | 28-10-2019 | 2019-72700221 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-60600467 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-55400422 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-52000457 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-47100317 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-56400050 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-55000518 | |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-52200175 | |
| 31-12-2010 | abbreviated format | 30-08-2011 | 2011-53400193 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,075 | 36,081 | 32,821 | -4,906 | 8,193 | 17,255 | 2,122 | 12,382 | -791 | 21,660 | 38,366 | 70,830 | 41,600 | 22,819 | 14,302 | 12,893 | ||
| 1,396 | 58,209 | 31,573 | -5,938 | 7,498 | 15,924 | 2,208 | 11,551 | -2,562 | 20,234 | 35,626 | 60,587 | 36,343 | 17,605 | 11,142 | 9,837 | ||
| 1,499 | 46,132 | 0 | -1,500 | 0 | 36,846 | -0 | 0 | 0 | 0 | 45,956 | 2,983 | 30,987 | 21,729 | 0 | - | ||
| -24,463 | 12,353 | 23,990 | -6,769 | -18,849 | 29,510 | 6,423 | 106 | -3,295 | -17,953 | 7,504 | 18,313 | 10,850 | 8,527 | -15,862 | - | ||
| 63,101 | 71,257 | 57,468 | 33,395 | 46,909 | 53,352 | 52,303 | 56,489 | 51,879 | 64,556 | 16,693 | 43,656 | -12,292 | -4,264 | -3,257 | -1,016 | ||
| - | - | - | - | - | - | - | - | -7.5% | 1.6% | 2.4% | 11.8% | 3.6% | 18.8% | 21.0% | 14.7% | ||
| 80.3% | 65.1% | 66.4% | 46.9% | 57.7% | 35.1% | 37.0% | 54.1% | 56.0% | 56.9% | 43.1% | 48.6% | 28.4% | 28.2% | 4.4% | 2.8% | ||
| 3.74 | 2.43 | 3.19 | 2.05 | 3.72 | 1.81 | 1.91 | 3.63 | 6.13 | 5.82 | 1.22 | 2.21 | 0.76 | 0.84 | 0.86 | 0.97 | ||
| 3.74 | 2.43 | 3.19 | 2.05 | 3.72 | 1.81 | 1.90 | 3.56 | 5.78 | 5.72 | 1.22 | 2.21 | 0.76 | 0.84 | 0.86 | 0.97 | ||
| 0.25 | 0.54 | 0.51 | 1.13 | 0.73 | 1.85 | 1.71 | 0.85 | 0.78 | 0.76 | 1.32 | 1.06 | 2.52 | 2.55 | 21.96 | 34.13 | ||
| -14.8% | 40.3% | 37.6% | -36.0% | -1.9% | 23.8% | -18.5% | 2.9% | -39.6% | 5.3% | 7.4% | 46.6% | 14.5% | 26.3% | 19.5% | -20.7% | ||
| -11.9% | 26.2% | 25.0% | -16.9% | -1.1% | 8.4% | -6.8% | 1.6% | -22.2% | 3.0% | 3.2% | 22.6% | 4.1% | 7.4% | 0.9% | -0.6% | ||
| 1.95 | 15.72 | 29.73 | -3.66 | 5.88 | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | 7 days | 48 days | 29 days | 22 days | 8 days | 34 days | 204 days | 0 days | ||
| - | - | - | - | - | - | - | - | - | 0 days | 39 days | 17 days | 26 days | 23 days | 22 days | 14 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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,499 | €46,132 | - | - | - |
| €15,292 | €14,683 | €7,369 | €8,548 | €8,556 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on V&V
The operating result for 2025 is a loss of €12,218, after a profit of €21,398 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total falls from 34.9% to 19.7%. Equity and debt are lower.