V & V ENGINEERING

Active Private limited companyfounded 2002active for 24 yearsBargiestraat 15, 8900 YpresKBO/BCE: BE 0477.071.635

V & V ENGINEERING

Financial year 2025

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Annual accounts 2025

micro format, filed on 17-07-2026, 14 days before the deadline

€93,489

▼ 43.3%

€9,756

▼ 87.2%

€3,241

▼ 94.3%

€17,042

▼ 33.5%

31.8%

▼ 0.9 percentage points

1.10

▼ 0.08

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 ≈ €280,000. Estimated: probably between €190,000 and €490,000.

Balance sheet

balance sheet total €370,249 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

31.8%

Higher than 37% of 2,341 companies in 2025.

1.10

Higher than 30% of 2,307 companies in 2025.

0.9%

Higher than 28% of 2,321 companies in 2025.

V & V ENGINEERING Middle half of the sector 80% of the sector Micro accounts in fabricated metal products (NACE 25)

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

Staff

€51,101

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

Blue and white collar1 blue-collar

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	370,249	349,944	387,313	394,503	341,156	345,480	359,385	437,116	449,471	455,283	463,337	388,550	380,931	405,826	388,809	434,993	449,283	475,508	219,513	247,722
`21/28`	177,664	178,247	182,675	197,818	197,342	212,767	228,711	250,133	274,325	294,788	322,390	243,104	271,302	262,058	285,483	315,858	354,495	384,210	130,939	165,255
`21`	12,451	9,318	-	-	-	-	-	-	-	312	623	-	-	-	162	323	101	311	2,220	6,100
`22/27`	165,212	168,929	182,675	197,818	197,342	212,767	228,711	250,133	274,325	294,476	321,766	243,104	271,302	262,058	285,321	315,535	354,394	383,899	124,129	156,215
`22`	121,419	129,513	137,606	145,700	153,794	161,887	169,981	178,075	186,169	194,262	202,356	210,450	218,543	226,637	234,731	242,898	251,066	258,565	-	-
`23`	36,793	30,847	38,459	45,217	36,650	49,621	56,502	67,540	80,751	86,657	99,011	6,471	17,167	28,842	41,905	65,712	94,119	115,434	114,967	58,217
`24`	5,386	5,312	1,708	1,680	283	1,258	1,628	2,442	3,853	3,574	6,820	9,913	13,322	4,327	5,638	5,098	6,373	5,510	3,220	2,666
`26`	1,614	3,258	4,901	5,221	6,615	0	600	2,077	3,553	9,983	13,580	16,270	22,269	2,251	3,047	1,826	2,837	4,389	5,942	1,478
`28`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,590	2,940
`29/58`	192,585	171,696	204,639	196,685	143,814	132,714	130,674	186,982	175,146	160,495	140,947	145,446	109,629	143,768	103,327	119,135	94,788	91,298	88,574	82,467
`3`	54,859	40,931	60,443	70,654	73,485	60,770	37,111	35,899	50,577	53,429	60,602	52,797	44,015	45,555	47,328	30,236	33,070	34,511	38,125	27,733
`30/36`	54,859	40,931	60,443	70,654	73,485	60,770	37,111	35,899	50,577	53,429	60,602	52,797	44,015	45,555	47,328	30,236	33,070	34,511	38,125	27,733
`40/41`	84,445	44,198	65,005	87,806	49,794	55,773	84,874	122,430	94,994	93,096	73,888	85,409	63,966	74,024	40,960	73,875	46,456	41,680	49,320	53,694
`40`	64,925	30,255	42,384	74,747	40,240	46,385	65,959	96,954	83,156	88,336	70,506	77,302	61,988	68,293	40,601	72,769	44,107	39,550	49,005	53,482
`41`	19,520	13,943	22,622	13,059	9,554	9,388	18,916	25,477	11,838	4,760	3,382	8,107	1,978	5,732	359	1,105	2,349	2,130	315	212
`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89	-
`54/58`	21,909	63,265	53,499	34,243	17,111	13,005	5,936	27,679	27,566	12,084	4,897	4,985	397	20,579	8,594	4,315	2,564	508	-	-
`490/1`	31,373	23,302	25,691	3,982	3,425	3,166	2,752	975	2,010	1,885	1,559	2,256	1,250	3,609	6,444	10,710	12,698	14,599	1,040	1,040
Balance sheet: equity and liabilities
`10/49`	370,249	349,944	387,313	394,503	341,156	345,480	359,385	437,116	449,471	455,283	463,337	388,550	380,931	405,826	388,809	434,993	449,283	475,508	219,513	247,722
`10/15`	117,673	114,433	72,308	40,349	34,693	31,867	29,435	26,617	20,738	7,929	-2,357	4,724	5,407	7,254	8,569	23,184	15,360	47,440	36,661	35,051
`10/11`	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000
`100`	-	-	-	-	-	-	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000	21,000
`13`	96,673	93,433	51,300	19,300	13,100	10,100	8,100	5,500	2,184	2,184	2,184	2,184	2,184	2,184	2,184	2,184	26,100	26,100	15,100	13,100
`130/1`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100	2,100
`1311`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	96,673	93,433	51,300	19,300	13,100	10,100	6,000	3,400	84	84	84	84	84	84	84	84	24,000	24,000	13,000	11,000
`14`	0	0	8	49	593	767	335	117	-2,446	-15,255	-25,542	-18,460	-17,778	-15,930	-14,615	-	-31,740	340	561	951
`17/49`	252,576	235,511	315,005	354,154	306,463	313,613	329,951	410,498	428,733	447,354	465,694	383,826	375,524	398,572	380,240	411,809	433,923	428,068	182,851	212,671
`17`	76,325	89,443	124,942	143,567	144,218	171,483	183,166	205,378	237,716	268,993	299,248	233,782	264,926	288,242	275,003	298,354	324,017	342,789	25,024	41,000
`170/4`	36,325	49,443	59,942	78,567	79,218	91,483	103,166	125,378	157,716	188,993	219,248	153,782	162,512	170,828	275,003	193,188	204,017	222,789	25,024	41,000
`178/9`	40,000	40,000	65,000	65,000	65,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	102,414	117,414	-	105,166	120,000	120,000	-	-
`42/48`	175,543	146,068	190,063	210,587	162,245	142,130	134,282	178,166	173,099	169,104	166,447	150,044	110,598	110,329	103,467	111,855	104,367	75,847	151,651	164,855
`42`	22,617	19,399	18,625	17,875	12,265	11,683	22,212	32,338	31,277	30,254	29,268	8,730	8,316	10,960	11,400	10,828	18,772	26,308	15,975	28,963
`43`	32,500	-	-	0	43,100	30,000	30,000	-	-	-	35,800	35,800	-	-	-	1,200	2,000	5,571	594	1,352
`430/8`	32,500	-	-	0	43,100	30,000	30,000	-	-	-	35,800	35,800	-	-	-	1,200	2,000	5,571	594	1,352
`44`	51,096	28,273	85,030	31,095	29,889	27,493	2,483	85,482	67,318	84,242	35,619	52,491	36,955	49,650	26,066	23,980	16,497	16,923	14,703	11,160
`440/4`	51,096	28,273	85,030	31,095	29,889	27,493	2,483	85,482	67,318	84,242	35,619	52,491	36,955	49,650	26,066	23,980	16,497	16,923	14,703	11,160
`46`	-	-	0	21,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`45`	4,477	5,892	3,559	7,576	1,630	6,107	392	372	9,146	9,109	3,668	8,460	7,191	7,142	12,923	28,264	26,731	19,094	13,834	16,495
`450/3`	702	-	-	0	1,630	6,107	392	246	9,146	5,846	407	2,775	1,673	858	787	15,735	14,037	10,605	5,046	6,256
`454/9`	3,775	5,892	3,559	7,576	-	-	-	126	-	3,263	3,261	5,685	5,518	6,284	12,136	12,529	12,694	8,489	8,788	10,238
`47/48`	64,852	92,504	82,849	132,741	75,361	66,846	79,196	59,974	65,358	45,498	62,092	44,563	58,136	42,578	53,077	47,582	40,367	7,952	106,544	106,885
`492/3`	708	-	-	-	-	0	12,502	26,954	17,917	9,256	-	-	-	-	1,770	1,600	5,539	9,432	6,176	6,816
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	1,400	-	-	-	-	-	1	24,805	-	69,633
`9900`	93,489	164,866	132,732	117,087	102,786	91,528	123,362	95,519	112,546	113,462	91,608	94,215	99,327	102,278	135,807	149,571	109,416	99,286	95,190	111,094
`62`	51,101	52,167	50,776	47,044	45,131	42,870	42,536	41,489	40,700	41,033	39,386	39,290	39,026	47,106	77,820	75,026	76,523	45,015	37,767	37,202
`630`	25,536	29,603	26,955	24,367	23,065	22,956	23,391	24,192	31,282	30,751	32,649	29,508	31,270	27,231	42,881	40,621	41,656	44,910	48,062	55,557
`640/8`	7,096	7,032	6,887	6,377	6,800	6,319	6,019	5,901	9,045	2,976	8,696	5,076	7,119	8,800	8,779	8,869	6,266	5,820	433	420
`66A`	-	-	-	-	-	-	-	-	-	1,908	-	-	-	-	-	-	-	-	-	-
`9901`	9,756	76,065	48,114	39,298	27,791	19,383	51,416	23,937	31,520	36,795	10,877	20,342	21,913	19,142	6,326	25,055	-15,028	3,541	8,927	17,916
`75/76B`	0	277	1,030	4,266	1,370	323	834	452	7,282	598	384	14	51	74	216	2,286	504	4,610	192	840
`75`	0	277	1,030	4,266	1,370	323	834	452	5,116	598	384	14	51	74	216	2,286	504	4,610	192	840
`76B`	-	-	-	-	-	-	-	-	2,166	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	5,794	5,086	6,124	7,487	7,489	7,632	16,615	15,439	17,053	21,506	19,720	18,423	22,961	20,531	21,157	19,516	17,558	18,477	7,509	11,427
`65`	5,794	5,086	6,124	7,487	7,489	7,632	16,615	15,439	17,053	21,506	19,720	18,423	22,961	20,531	21,157	19,516	17,558	18,477	7,509	11,427
`9903`	3,962	71,255	43,020	36,077	21,671	12,075	35,634	8,949	21,748	15,887	-7,059	1,933	-997	-1,315	-14,615	7,824	-32,081	14,479	1,610	76,961
`67/77`	722	14,131	11,062	421	845	642	2,817	3,070	8,939	5,600	22	2,616	850	1	-	-	-1	3,700	-	-6
`9904`	3,241	57,125	31,959	35,657	20,826	11,433	32,817	5,879	12,809	10,287	-7,081	-683	-1,847	-1,315	-14,615	7,824	-32,080	10,779	1,610	76,967
`9905`	3,241	57,125	31,959	35,657	20,826	11,433	32,817	5,879	12,809	10,287	-7,081	-683	-1,847	-1,315	-14,615	7,824	-32,080	10,779	1,610	76,967
Appropriation of the result
`9906`	3,241	57,133	32,008	36,249	21,593	11,767	32,935	3,433	-2,446	-15,255	-25,542	-18,460	-17,778	-15,930	-14,615	-23,916	-31,740	11,340	2,561	14,051
`14P`	0	8	49	593	767	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,916	-	-	-	-
`691/2`	3,241	42,133	32,000	6,200	3,000	2,000	2,600	3,316	-	-	-	-	-	-	-	-	-	11,000	2,000	13,100
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,100
`6921`	3,241	42,133	32,000	6,200	3,000	2,000	2,600	3,316	-	-	-	-	-	-	-	-	-	11,000	2,000	11,000
`694/7`	0	15,000	0	30,000	18,000	9,000	30,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`695`	0	15,000	0	30,000	18,000	9,000	30,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	1	1	1	1	1	1	1	1	1	1	1	1	1	1.2	2	2	2	1.2	1	1
Hours worked`1013`	1,748	1,753	1,765	1,761	1,748	1,709	1,744	1,744	1,740	1,757	1,728	1,673	1,635	2,018	3,481	3,469	3,462	2,157	1,714	1,735
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 15 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 17-07-2026.

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
31-12-2025	micro format	17-07-2026	2026-00302920	PDF
31-12-2024	micro format	11-07-2025	2025-00261358	PDF
31-12-2023	micro format	05-06-2024	2024-00109855	PDF
31-12-2022	micro format	26-06-2023	2023-00155979	PDF
31-12-2021	micro format	13-07-2022	2022-20183226	PDF
31-12-2020	micro format	31-08-2021	2021-61000109	PDF
31-12-2019	micro format	30-09-2020	2020-57200019	PDF
31-12-2018	micro format	12-07-2019	2019-32000412	PDF
31-12-2017	micro format	17-07-2018	2018-33900071	PDF
31-12-2016	micro format	30-08-2017	2017-54100307	PDF
31-12-2015	abbreviated format	19-08-2016	2016-44500438	PDF
31-12-2014	abbreviated format	13-08-2015	2015-42000494	PDF
31-12-2013	abbreviated format	19-06-2014	2014-19200326	PDF
31-12-2012	abbreviated format	02-05-2013	2013-11000352	PDF
31-12-2011	abbreviated format	20-08-2012	2012-42800288	PDF
31-12-2010	abbreviated format	20-05-2011	2011-11700001	PDF
31-12-2009	abbreviated format	27-08-2010	2010-45100137	PDF
31-12-2008	abbreviated format	02-06-2009	2009-17200356	PDF
31-12-2007	abbreviated format	30-04-2008	2008-12200022	PDF
31-12-2006	abbreviated format	30-04-2007	2007-12800309	PDF
31-12-2005	abbreviated format	07-07-2006	2006-43301261	PDF
31-12-2004	abbreviated format	22-07-2005	2005-55200520	PDF
31-12-2003	abbreviated format	12-05-2004	2004-14404356	PDF

Subsidies and aid

Flemish government 2023, 1 entry, €9,000 awarded, €9,000 paid

Subsidies voor internationaal ondernemen

€9,000

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
35,292	105,667	75,069	63,665	50,855	42,339	74,807	48,129	62,801	67,546	43,526	49,849	53,183	46,373	49,208	65,676	26,627	48,451	56,990	73,472
28,776	86,727	58,914	60,023	43,890	34,388	56,208	30,071	44,091	41,037	25,568	28,825	29,423	25,916	28,266	48,445	9,576	55,688	49,673	132,524
24,952	25,175	11,811	24,843	7,640	7,011	1,969	0	12,265	6,057	111,934	1,310	40,514	3,806	12,506	1,985	12,304	277,966	13,747	9,101
-41,356	9,766	19,256	17,132	4,105	7,069	-21,743	113	15,481	7,187	-87	4,587	-20,182	11,985	4,280	1,751	2,056	-	-	-
17,042	25,628	14,576	-13,902	-18,431	-9,416	-3,608	8,816	2,047	-8,609	-25,499	-4,598	-969	33,439	-141	7,280	-9,578	15,451	-63,077	-82,388
31.8%	32.7%	18.7%	10.2%	10.2%	9.2%	8.2%	6.1%	4.6%	1.7%	-0.5%	1.2%	1.4%	1.8%	2.2%	5.3%	3.4%	10.0%	16.7%	14.1%
1.10	1.18	1.08	0.93	0.89	0.93	0.97	1.05	1.01	0.95	0.85	0.97	0.99	1.30	1.00	1.07	0.91	1.20	0.58	0.50
0.78	0.90	0.76	0.60	0.43	0.51	0.70	0.85	0.72	0.63	0.48	0.62	0.59	0.89	0.54	0.79	0.59	0.75	0.33	0.33
2.15	2.06	4.36	8.78	8.83	9.84	11.21	15.42	20.67	56.42	-	81.25	69.45	54.95	44.37	17.76	28.25	9.02	4.99	6.07
2.8%	49.9%	44.2%	88.4%	60.0%	35.9%	111.5%	22.1%	61.8%	129.7%	-	-14.5%	-34.2%	-18.1%	-170.5%	33.7%	-208.8%	22.7%	4.4%	219.6%
0.9%	16.3%	8.3%	9.0%	6.1%	3.3%	9.1%	1.3%	2.8%	2.3%	-1.5%	-0.2%	-0.5%	-0.3%	-3.8%	1.8%	-7.1%	2.3%	0.7%	31.1%
6.09	20.78	12.26	8.50	6.79	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	1	1	1	1	1
full-time	1	1	1	1	1
part-time	0	0	0	0	0
in full-time equivalents	1	1	1	1	1
	1	1	1	1	1
On a permanent contract	1	1	1	1	1

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	€231,000	€231,000	€231,000	€231,000	€231,000
Carrying value of the mortgaged assets	€144,739	€142,582	€153,096	€160,356	€153,794

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€17,412	€13,969	€11,811	€24,843	€7,640
Intangible fixed assets	€7,540	€11,206	-	-	-
	€25,536	€29,603	€26,955	€24,367	€23,065

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

Insights on V & V ENGINEERING

The operating result for 2025 is 87% lower than in 2024 and the lowest since 2011.

Debt's share of the balance-sheet total rises from 67.3% to 68.2%. Equity and debt are higher.

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency31.8%

Current ratio1.10

Return on assets0.9%

Staff

Staff cost per FTE€51,101

Blue and white collar1 blue-collar

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023, 1 entry, €9,000 awarded, €9,000 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on V & V ENGINEERING

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in euro

in euro

31.8%

1.10

0.9%

€51,101