VADEVA
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
VADEVA has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €585,710 and a net result of €121,307. Equity is growing by about 35% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).
Financials · financial year 2025, abbreviated format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 30-06-2026
- Format
- abbreviated format
- Reference
- 2026-00219380
Turnover
≈ €410,000
Estimated: probably between €250,000 and €770,000
Total assets
€1.0m▲ 1.5%
2024 · €991,865
Net result
€121,307▼ 13.7%
2024 · €140,529
Working capital
-€65,595▲ 29.1%
2024 · -€92,491
Trend over the years
2021 to 2025, 5 financial years
The operating result falls in 2025; 2025 is 14% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2025
Net result€0.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2025
Equity€0.6m
2025
Debt€0.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.07m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.08m-€0.1m▲ 13.6%€0.2m▲ 59.7%€0.2m▲ 21.6%€0.2m▼ 14.2%
Net result€0.1m-€0.07m▼ 55.6%€0.1m▲ 75.2%€0.1m▲ 22.1%€0.1m▼ 13.7%
Equity€0.2m-€0.2m▲ 36.9%€0.3m▲ 34.9%€0.5m▲ 41.2%€0.6m▲ 26.1%
Total assets€1.0m-€1.0m▼ 1.5%€1.0m=€1.0m▲ 0.8%€1.0m▲ 1.5%
Debt€0.8m-€0.7m▼ 9.8%€0.7m▼ 11.5%€0.5m▼ 19.5%€0.4m▼ 20.1%
Working capital-€0.1m--€0.1m▼ 26.7%-€0.1m▼ 6.2%-€0.09m▲ 31.3%-€0.07m▲ 29.1%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€940,000 =
Current assets
€67,103 ▲ 29.4%
Equity and liabilities €1.0m
Equity
€585,710 ▲ 26.1%
Debt
€421,393 ▼ 20.1%
Debt's share of the balance-sheet total falls from 53.2% to 41.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.51▲
2024 · 0.36
Debt to equity
0.72▼
2024 · 1.14
ROE
20.7%▼
2024 · 30.3%
ROA
12.0%▼
2024 · 14.2%
Debt ≤ 1 year
€132,698▼
2024 · €144,356
Debt > 1 year
€288,695▼
2024 · €382,925
Income taxes
€35,197▼
2024 · €41,605
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €531 | €188 | €200 | €1,179 | €1,214 | ▲ 3.0% |
| Gross operating margin9900 | €85,275 | €96,431 | €153,886 | €188,088 | €161,671 | ▼ 14.0% |
| Operating profit (loss)9901 | €84,745 | €96,243 | €153,686 | €186,910 | €160,457 | ▼ 14.2% |
| Financial income75/76B | €100,000 | €0 | €0 | - | €0 | - |
| Recurring financial income75 | €100,000 | €0 | €0 | - | €0 | - |
| Financial charges65/66B | €5,613 | €5,502 | €5,409 | €4,776 | €3,953 | ▼ 17.2% |
| Recurring financial charges65 | €5,613 | €5,502 | €5,409 | €4,776 | €3,953 | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €179,132 | €90,742 | €148,278 | €182,133 | €156,504 | ▼ 14.1% |
| Income taxes67/77 | €31,124 | €25,012 | €33,141 | €41,605 | €35,197 | ▼ 15.4% |
| Profit (loss) for the period9904 | €148,008 | €65,729 | €115,137 | €140,529 | €121,307 | ▼ 13.7% |
| Profit (loss) for the period to be appropriated9905 | €148,008 | €65,729 | €115,137 | €140,529 | €121,307 | ▼ 13.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 1.5% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Financial fixed assets28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €0.06m | €0.04m | €0.04m | €0.05m | €0.07m | ▲ 29.4% |
| Amounts receivable within one year40/41 | - | - | €0.003m | €0.01m | €0.03m | ▲ 113% |
| Trade receivables40 | - | - | - | - | €0.002m | - |
| Other amounts receivable41 | - | - | €0.003m | €0.01m | €0.03m | ▲ 97.7% |
| Cash at bank and in hand54/58 | €0.04m | €0.02m | €0.002m | €0.002m | €0.006m | ▲ 168% |
| Deferred charges and accrued income490/1 | €0.02m | €0.02m | €0.04m | €0.04m | €0.03m | ▼ 14.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 1.5% |
| Equity10/15 | €0.2m | €0.2m | €0.3m | €0.5m | €0.6m | ▲ 26.1% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | €0.003m | €0.003m | €0 | - | - | - |
| Reserves not available under the articles1311 | €0.003m | €0.003m | €0 | - | - | - |
| Distributable reserves133 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.001m | €0.007m | €0.09m | €0.2m | €0.3m | ▲ 53.3% |
| Amounts payable17/49 | €0.8m | €0.7m | €0.7m | €0.5m | €0.4m | ▼ 20.1% |
| Amounts payable after more than one year17 | €0.7m | €0.6m | €0.5m | €0.4m | €0.3m | ▼ 24.6% |
| Financial debts170/4 | €0.5m | €0.5m | €0.4m | €0.3m | €0.3m | ▼ 19.3% |
| Other amounts payable178/9 | €0.1m | €0.1m | €0.08m | €0.05m | €0.02m | ▼ 60.0% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 8.1% |
| Current portion of amounts payable after more than one year42 | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 9.1% |
| Financial debts43 | - | - | - | €0.003m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €0.003m | €0 | ▼ 100% |
| Trade debts44 | €0.001m | €191 | €198 | €396 | €252 | ▼ 36.4% |
| Suppliers440/4 | €0.001m | €191 | €198 | €396 | €252 | ▼ 36.4% |
| Taxes, remuneration and social security45 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▲ 7.7% |
| Taxes450/3 | €0.01m | €0.02m | €0.005m | €0.004m | €0.004m | ▲ 9.5% |
| Remuneration and social security454/9 | €0.007m | €0.007m | €0.007m | €0.008m | €0.009m | ▲ 6.8% |
| Other amounts payable47/48 | €0.01m | €0.02m | €0.04m | €0.03m | €0.03m | = |
| Accrued charges and deferred income492/3 | - | - | - | €181 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €148,008 | €65,729 | €115,137 | €140,529 | €121,307 | ▼ 13.7% |
| Operating cash flow (approximation) | €148,008 | €65,729 | €115,137 | €140,529 | €121,307 | ▼ 13.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€16,000 | -€17,869 | -€270 | €3,559 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00219380 | NBB |
| 31-12-2024 | abbreviated format | 10-09-2025 | 2025-00487906 | |
| 31-12-2023 | abbreviated format | 08-10-2024 | 2024-00498866 | |
| 31-12-2022 | abbreviated format | 10-10-2023 | 2023-00480146 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20368552 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.