VAN CONVERSION
Annual accounts 2025
abbreviated format, filed on 24-06-2026, 37 days before the deadline€2,877
▼ 97.1%
€1,642
▼ 95.4%
-
-
24.0%
▲ 3.8 percentage points
1.29
▲ 0.09
In the rankings
#10 company by total assets in Stavelot, Manufacturing sector
Balance sheet
balance sheet total €342,418 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
24.0%
Higher than 30% of 97 companies in 2025.
1.29
Higher than 29% of 97 companies in 2025.
0.8%
Higher than 33% of 98 companies in 2025.
VAN CONVERSION
Middle half of the sector
80% of the sector
Abbreviated accounts in motor vehicles (NACE 29)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
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 | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
342,418 | 393,615 | 432,865 | 381,315 | 145,685 | 140,985 | 298,297 | 173,819 | 154,515 | 280,958 | 314,119 | |
20 |
- | - | - | - | - | 0 | 0 | 386 | 901 | 1,416 | 1,931 | |
21/28 |
6,700 | 17,200 | 20,950 | 19,250 | 24,250 | 18,750 | 23,750 | 28,750 | 36,169 | 68,577 | 93,664 | |
21 |
0 | 0 | 3,750 | 8,750 | 13,750 | 18,750 | 23,750 | 28,750 | 33,750 | 38,750 | 43,750 | |
22/27 |
- | - | - | - | - | - | 0 | - | 2,419 | 29,827 | 47,982 | |
23 |
- | - | - | - | - | - | 0 | 0 | 2,419 | 5,644 | 8,869 | |
24 |
- | - | - | - | - | - | 0 | 0 | 0 | 24,183 | 39,114 | |
28 |
6,700 | 17,200 | 17,200 | 10,500 | 10,500 | - | - | - | - | - | - | |
29/58 |
335,718 | 376,415 | 411,915 | 362,065 | 121,435 | 122,235 | 274,547 | 144,683 | 117,445 | 210,965 | 220,456 | |
3 |
178,164 | 22,252 | 123,170 | 229,770 | 27,793 | 24,751 | 104,371 | 39,370 | 46,247 | 53,456 | 67,388 | |
30/36 |
178,164 | 22,252 | 97,199 | 193,270 | 27,793 | 24,751 | 104,371 | 39,370 | 46,247 | 53,456 | 67,388 | |
37 |
- | 0 | 25,970 | 36,500 | - | - | - | - | - | - | - | |
40/41 |
41,105 | 183,512 | 283,642 | 102,822 | 85,825 | 87,840 | 120,837 | 63,739 | 22,171 | 139,149 | 121,054 | |
40 |
4,806 | 169,706 | 283,642 | 102,544 | 84,911 | 77,910 | 118,646 | 62,094 | 15,296 | 139,149 | 121,054 | |
41 |
36,299 | 13,806 | - | 278 | 914 | 9,931 | 2,191 | 1,645 | 6,875 | 0 | 0 | |
50/53 |
0 | 165,000 | - | - | - | - | - | - | - | - | - | |
54/58 |
115,268 | 5,651 | 4,339 | 28,703 | 4,067 | 9,643 | 49,339 | 40,648 | 47,836 | 16,462 | 29,969 | |
490/1 |
1,181 | 0 | 763 | 770 | 3,750 | 0 | 0 | 926 | 1,191 | 1,898 | 2,044 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
342,418 | 393,615 | 432,865 | 381,315 | 145,685 | 140,985 | 298,297 | 173,819 | 154,515 | 280,958 | 314,119 | |
10/15 |
82,192 | 79,504 | 55,065 | 52,767 | 52,710 | 66,017 | 53,793 | 22,811 | -30,437 | 24,287 | -16,606 | |
10/11 |
60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | |
100 |
- | - | - | - | - | - | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | |
13 |
20,000 | 15,000 | - | - | 0 | 6,000 | - | - | - | - | - | |
133 |
20,000 | 15,000 | - | - | 0 | 6,000 | - | - | - | - | - | |
14 |
2,192 | 4,504 | -4,935 | -7,233 | -7,290 | 17 | -6,207 | -37,189 | -90,437 | -35,713 | -76,606 | |
17/49 |
260,226 | 314,111 | 377,800 | 328,548 | 92,975 | 74,968 | 244,504 | 151,008 | 184,952 | 256,670 | 330,726 | |
17 |
- | - | - | - | - | - | - | - | 0 | 15,477 | 27,367 | |
170/4 |
- | - | - | - | - | - | - | - | 0 | 15,477 | 27,367 | |
42/48 |
260,226 | 314,111 | 373,287 | 325,892 | 92,975 | 72,672 | 244,343 | 151,008 | 162,753 | 239,193 | 301,359 | |
42 |
- | - | - | - | - | - | - | 0 | 3,799 | 12,563 | 12,346 | |
44 |
9,129 | 29,048 | 302,460 | 147,279 | 72,411 | 60,817 | 229,171 | 95,480 | 110,441 | 137,748 | 165,967 | |
440/4 |
9,129 | 29,048 | 302,460 | 147,279 | 72,411 | 60,817 | 229,171 | 95,480 | 110,441 | 137,748 | 165,967 | |
46 |
251,097 | 251,097 | - | 73,500 | - | - | - | - | - | - | - | |
45 |
0 | 27,211 | 15,828 | 13,863 | 20,564 | 11,856 | 15,172 | 10,528 | 28,513 | 31,883 | 30,046 | |
450/3 |
0 | 23,670 | 7,268 | 5,647 | 14,792 | 4,177 | 6,529 | 0 | 4,883 | 3,061 | 10,949 | |
454/9 |
0 | 3,542 | 8,559 | 8,216 | 5,772 | 7,679 | 8,644 | 10,528 | 23,630 | 28,821 | 19,096 | |
47/48 |
0 | 6,755 | 55,000 | 91,250 | 0 | 0 | 0 | 45,000 | 20,000 | 57,000 | 93,000 | |
492/3 |
- | 0 | 4,512 | 2,655 | 0 | 2,296 | 161 | 0 | 22,200 | 2,000 | 2,000 | |
| Income statement | ||||||||||||
70 |
- | - | - | - | - | - | 0 | 0 | - | - | - | |
9900 |
2,877 | 100,283 | 100,208 | 85,574 | 71,438 | 86,871 | 145,232 | 185,256 | 166,579 | 283,137 | 122,419 | |
60/61 |
- | - | - | - | - | - | 0 | 0 | - | - | - | |
62 |
0 | 59,770 | 87,244 | 75,184 | 78,458 | 63,445 | 91,671 | 122,025 | 198,892 | 215,251 | 166,077 | |
630 |
- | 3,750 | 5,000 | 5,000 | 5,000 | 5,000 | 5,386 | 7,934 | 15,072 | 23,671 | 29,589 | |
640/8 |
1,236 | 1,194 | 1,191 | 1,830 | 680 | 1,145 | 4,952 | 1,250 | 5,466 | 2,160 | 1,926 | |
649 |
- | - | - | - | - | - | - | - | - | - | 0 | |
9901 |
1,642 | 35,569 | 6,773 | 3,560 | -12,699 | 17,281 | 43,223 | 54,047 | -52,852 | 42,055 | -75,173 | |
75/76B |
2,602 | 498 | 0 | - | 0 | 0 | 0 | 118 | - | - | 0 | |
75 |
2,602 | 498 | 0 | - | 0 | 0 | 0 | 118 | - | - | 0 | |
65/66B |
466 | 2,784 | 2,337 | 3,018 | 386 | 149 | 952 | 918 | 1,552 | 1,019 | 1,321 | |
65 |
466 | 2,784 | 2,337 | 3,018 | 386 | 149 | 952 | 918 | 1,552 | 1,019 | 1,321 | |
9903 |
3,779 | 33,283 | 4,436 | 542 | -13,084 | 17,131 | 42,271 | 53,248 | -54,403 | 41,035 | -76,494 | |
67/77 |
1,090 | 8,843 | 2,138 | 486 | 222 | 4,907 | 11,289 | - | 321 | 142 | 113 | |
9904 |
2,688 | 24,440 | 2,298 | 56 | -13,307 | 12,225 | 30,981 | 53,248 | -54,724 | 40,894 | -76,606 | |
9905 |
2,688 | 24,440 | 2,298 | 56 | -13,307 | 12,225 | 30,981 | 53,248 | -54,724 | 40,894 | -76,606 | |
| Appropriation of the result | ||||||||||||
9906 |
7,192 | 19,504 | -4,935 | -7,233 | -13,290 | 6,017 | -6,207 | -37,189 | -90,437 | -35,713 | -76,606 | |
14P |
4,504 | -4,935 | -7,233 | -7,290 | 17 | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 6,000 | - | - | - | - | - | - | |
691/2 |
5,000 | 15,000 | - | - | - | 6,000 | - | - | - | - | - | |
6921 |
5,000 | 15,000 | - | - | - | 6,000 | - | - | - | - | - | |
| Social balance sheet | ||||||||||||
9087 |
- | 1.3 | 2 | 2 | 2 | 1.6 | 1.9 | 2.9 | 4.3 | 5.1 | 3.5 | |
Hours worked1013 |
- | 2,204 | 3,359 | 3,263 | 3,326 | 2,295 | 3,215 | 4,020 | 6,939 | 7,577 | 5,951 | |
| Document | ||||||||||||
The notes to these accounts have 11 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 24-06-2026.
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 | abbreviated format | 24-06-2026 | 2026-00199616 | |
| 31-12-2024 | full format | 06-07-2025 | 2025-00246696 | |
| 31-12-2023 | full format | 27-06-2024 | 2024-00198872 | |
| 31-12-2022 | full format | 18-07-2023 | 2023-00251272 | |
| 31-12-2021 | full format | 13-07-2022 | 2022-20192005 | |
| 31-12-2020 | full format | 16-07-2021 | 2021-36300496 | |
| 31-12-2019 | full format | 02-07-2020 | 2020-26700198 | |
| 31-12-2018 | full format | 26-04-2019 | 2019-11000369 | |
| 31-12-2017 | full format | 13-07-2018 | 2018-34000248 | |
| 31-12-2016 | full format | 01-06-2017 | 2017-14900557 | |
| 31-12-2015 | full format | 13-07-2016 | 2016-31100327 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 39,319 | 11,773 | 8,560 | -7,699 | 22,281 | 48,609 | 61,981 | -37,779 | 65,726 | -45,584 | ||
| - | 28,190 | 7,298 | 5,056 | -8,307 | 17,225 | 36,368 | 61,182 | -39,652 | 64,564 | -47,017 | ||
| 0 | 0 | 6,700 | 0 | 10,500 | 0 | 0 | 0 | 0 | 0 | 133,423 | ||
| 109,617 | 1,311 | -24,363 | 24,636 | -5,576 | -39,695 | 8,691 | -7,189 | 31,374 | -13,507 | - | ||
| 75,492 | 62,304 | 38,627 | 36,172 | 28,460 | 49,563 | 30,204 | -6,325 | -45,307 | -28,228 | -80,903 | ||
| 24.0% | 20.2% | 12.7% | 13.8% | 36.2% | 46.8% | 18.0% | 13.1% | -19.7% | 8.6% | -5.3% | ||
| 1.29 | 1.20 | 1.10 | 1.11 | 1.31 | 1.68 | 1.12 | 0.96 | 0.72 | 0.88 | 0.73 | ||
| 0.61 | 1.13 | 0.77 | 0.41 | 1.01 | 1.34 | 0.70 | 0.70 | 0.44 | 0.66 | 0.51 | ||
| 3.17 | 3.95 | 6.86 | 6.23 | 1.76 | 1.14 | 4.55 | 6.62 | - | 10.57 | - | ||
| 3.3% | 30.7% | 4.2% | 0.1% | -25.2% | 18.5% | 57.6% | 233.4% | - | 168.4% | - | ||
| 0.8% | 6.2% | 0.5% | 0.0% | -9.1% | 8.7% | 10.4% | 30.6% | -35.4% | 14.6% | -24.4% | ||
| - | 14.13 | 5.04 | 2.84 | -19.95 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 2 | 2 |
| full-time | 1 | 2 | 2 | 1 |
| part-time | - | - | - | 1 |
| in full-time equivalents | 1 | 2 | 2 | 1.8 |
| 1.3 | 2 | 2 | 2 | |
| On a permanent contract | 1 | 2 | 2 | 2 |
| Joined | 0 | 2 | 1 | 4 |
| Left | 1 | 2 | 1 | 3 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €0 | - | €0 | €0 |
| Intangible fixed assets | €0 | €0 | - | €0 | €0 |
| Financial fixed assets | - | - | €6,700 | - | €10,500 |
| - | €3,750 | €5,000 | €5,000 | €5,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VAN CONVERSION
The operating result for 2025 is 95% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 79.8% to 76.0%. Equity is higher and debt is lower.