VADEVA
ActiveSummary
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
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 |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00219380 |
| 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.