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VAN DE VELDE

Active
Public limited companyfounded 1992active for 33 yearsLageweg 4, 9260 Wichelen, BelgiumKBO/BCE: BE 0448.746.744
Summary

VAN DE VELDE has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107.6m and a net result of €16.5m. Equity is shrinking by about 3.1% per year across the filed financial years. Its solvency ranks better than 78% of 50 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format, standalone accounts

Turnover
€196.6m▼ 0.7%
2024 · €198.1m
EBIT margin
18.0%▲ 2.5pp
2024 · 15.5%
Net result
€16.5m▲ 105%
2024 · €8.0m
Working capital
€53.1m▼ 17.5%
2024 · €64.4m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€196.6m 2025 Operating result€35.4m 2025 Net result€16.5m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 14, Manufacture of wearing apparel: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€190.7m-€181.5m▼ 4.8%€145.4m▼ 19.9%€186.2m▲ 28.1%€201.5m▲ 8.2%€202.2m▲ 0.4%€198.1m▼ 2.1%€196.6m▼ 0.7%
Operating result€23.5m-€19.8m▼ 15.8%€8.4m▼ 57.4%€28.8m▲ 242%€30.2m▲ 5.0%€28.7m▼ 4.9%€30.6m▲ 6.6%€35.4m▲ 15.6%
Net result€28.2m-€13.2m▼ 53.3%€11.5mabove the sector's middle half▼ 12.4%€30.6mabove the sector's middle half▲ 166%€28.6mabove the sector's middle half▼ 6.6%€37.3mabove the sector's middle half▲ 30.4%€8.0mabove the sector's middle half▼ 78.5%€16.5mabove the sector's middle half▲ 105%
EBIT margin12.3%-10.9%▼ 1.4pp5.8%▼ 5.1pp15.4%▲ 9.7pp15.0%▼ 0.5pp14.2%▼ 0.8pp15.5%▲ 1.3pp18.0%▲ 2.5pp
Equity€151.9m-€165.2m▲ 8.7%€150.1mabove the sector's middle half▼ 9.1%€153.9mabove the sector's middle half▲ 2.6%€153.1mabove the sector's middle half▼ 0.5%€150.6mabove the sector's middle half▼ 1.6%€128.4mabove the sector's middle half▼ 14.7%€107.6mabove the sector's middle half▼ 16.3%
Total assets€215.0m-€210.7m▼ 2.0%€201.5mabove the sector's middle half▼ 4.3%€226.0mabove the sector's middle half▲ 12.2%€233.8mabove the sector's middle half▲ 3.4%€226.7mabove the sector's middle half▼ 3.1%€195.0mabove the sector's middle half▼ 14.0%€180.9mabove the sector's middle half▼ 7.2%
Debt€62.6m-€45.3m▼ 27.7%€51.3m▲ 13.3%€72.1m▲ 40.5%€80.7m▲ 11.9%€76.0m▼ 5.8%€66.5m▼ 12.5%€73.4m▲ 10.3%
Working capital€37.2m-€59.6m▲ 60.1%€53.8mabove the sector's middle half▼ 9.7%€59.7mabove the sector's middle half▲ 10.9%€59.8mabove the sector's middle half▲ 0.3%€53.9mabove the sector's middle half▼ 9.9%€64.4mabove the sector's middle half▲ 19.4%€53.1mabove the sector's middle half▼ 17.5%
Solvency70.7%-78.4%▲ 7.7pp74.5%above the sector's middle half▼ 3.9pp68.1%above the sector's middle half▼ 6.4pp65.5%above the sector's middle half▼ 2.6pp66.5%above the sector's middle half▲ 1.0pp65.9%above the sector's middle half▼ 0.6pp59.5%above the sector's middle half▼ 6.4pp
Current ratio1.64-2.33▲ 0.692.06within the sector's middle half▼ 0.271.83within the sector's middle half▼ 0.231.75within the sector's middle half▼ 0.081.71within the sector's middle half▼ 0.041.97within the sector's middle half▲ 0.261.73within the sector's middle half▼ 0.25
Return on assets (ROA)13.1%-6.2%▼ 6.9pp5.7%within the sector's middle half▼ 0.5pp13.5%above the sector's middle half▲ 7.8pp12.2%above the sector's middle half▼ 1.3pp16.5%above the sector's middle half▲ 4.2pp4.1%within the sector's middle half▼ 12.3pp9.1%above the sector's middle half▲ 5.0pp
Staff (FTE)529.4-526.7▼ 0.5%483.7above the sector's middle half▼ 8.2%467.1above the sector's middle half▼ 3.4%475.7above the sector's middle half▲ 1.8%479.5▲ 0.8%472.8▼ 1.4%465.6above the sector's middle half▼ 1.5%
above within below the middle half of NACE 14, Manufacture of wearing apparel: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180.9m
Fixed assets €54.7m ▼ 15.1%
Current assets €126.3m ▼ 3.3%
Equity and liabilities €180.9m
Equity €107.6m ▼ 16.3%
Debt €73.4m ▲ 10.3%
Debt's share of the balance-sheet total rises from 34.1% to 40.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€40.9m▲
2024 · €36.1m
Cash flow
€22.0m▲
2024 · €13.5m
Quick ratio
1.10▼
2024 · 1.36
Debt to equity
0.68▲
2024 · 0.52
ROE
15.3%▲
2024 · 6.2%
Interest coverage
69.88▲
2024 · 56.40
Debt ≤ 1 year
€73.1m▲
2024 · €66.2m
Income taxes
€6.8m▲
2024 · €4.9m
Staff costs
€35.1m▲
2024 · €34.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 321 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 97.5% are still going.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.0% went bankrupt
2.5% stopped otherwise
97.5% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 93 lines
Balance sheet Code20242025
Assets
Total assets20/58€195.0m€180.9m▼
Fixed assets21/28€64.3m€54.7m▼
Intangible fixed assets21€8.4m€8.7m▲
Tangible fixed assets22/27€17.9m€17.5m▼
Land and buildings22€13.1m€12.6m▼
Plant, machinery and equipment23€3.8m€3.3m▼
Furniture and vehicles24€0.4m€1.1m▲
Other tangible fixed assets26€0.06m€0.08m▲
Assets under construction and advance payments27€0.5m€0.4m▼
Financial fixed assets28€38.0m€28.4m▼
Affiliated companies280/1€26.0m€26.0m=
Participating interests280€26.0m€26.0m=
Companies linked by participating interests282/3€11.7m€2.1m▼
Participating interests282€11.7m€2.1m▼
Other financial fixed assets284/8€0.4m€0.3m▼
Amounts receivable and cash guarantees285/8€0.4m€0.3m▼
Current assets29/58€130.6m€126.3m▼
Amounts receivable after more than one year29€5.7m€7.8m▲
Trade receivables290€0.8m€1.3m▲
Other amounts receivable291€4.9m€6.5m▲
Stocks and contracts in progress3€40.3m€45.4m▲
Stocks30/36€40.3m€45.4m▲
Raw materials and consumables30/31€7.5m€9.2m▲
Work in progress32€9.0m€12.1m▲
Finished goods33€23.8m€24.1m▲
Amounts receivable within one year40/41€20.1m€18.5m▼
Trade receivables40€17.0m€16.6m▼
Other amounts receivable41€3.1m€1.9m▼
Current investments50/53€51.0m€21.1m▼
Own shares50€13.0m€9.9m▼
Other investments51/53€38.0m€11.2m▼
Cash at bank and in hand54/58€12.2m€31.7m▲
Deferred charges and accrued income490/1€1.4m€1.8m▲
Equity and liabilities
Total equity and liabilities10/49€195.0m€180.9m▼
Equity10/15€128.4m€107.6m▼
Contributions10/11€2.7m€2.7m=
Capital10€1.9m€1.9m=
Issued capital100€1.9m€1.9m=
Contributions outside capital11€0.7m€0.7m=
Share premium1100/10€0.7m€0.7m=
Reserves13€112.5m€91.6m▼
Non-distributable reserves130/1€13.2m€10.1m▼
Legal reserve130€0.2m€0.2m=
Own shares acquired1312€13.0m€9.9m▼
Distributable reserves133€99.3m€81.5m▼
Profit (loss) carried forward14€13.3m€13.3m=
Investment grants15€0.04m-
Amounts payable17/49€66.5m€73.4m▲
Amounts payable within one year42/48€66.2m€73.1m▲
Trade debts44€26.9m€32.4m▲
Suppliers440/4€26.9m€32.4m▲
Taxes, remuneration and social security45€8.1m€8.7m▲
Taxes450/3€1.4m€1.7m▲
Remuneration and social security454/9€6.7m€7.0m▲
Other amounts payable47/48€31.3m€32.0m▲
Accrued charges and deferred income492/3€0.3m€0.2m▼
Income statement Code20242025
Operating income70/76A€194.6m€205.6m▲
Turnover70€198.1m€196.6m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€8.5m€3.4m▲
Other operating income74€5.0m€5.6m▲
Operating charges60/66A€163.9m€170.2m▲
Goods for resale, raw materials and consumables60€28.8m€32.9m▲
Purchases600/8€29.8m€34.9m▲
Change in stocks: decrease (increase)609-€1.1m-€2.0m▼
Services and other goods61€92.9m€97.0m▲
Remuneration, social security and pensions62€34.2m€35.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.5m€5.5m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2.2m-€0.5m▼
Other operating charges640/8€0.3m€0.3m▲
Operating profit (loss)9901€30.6m€35.4m▲
Financial income75/76B€20.3m€3.0m▼
Recurring financial income75€20.3m€3.0m▼
Income from financial fixed assets750€17.2m€0.3m▼
Income from current assets751€1.7m€1.0m▼
Other financial income752/9€1.5m€1.7m▲
Financial charges65/66B€38.0m€15.1m▼
Recurring financial charges65€5.6m€5.5m▼
Debt charges650€0.6m€0.6m▼
Other financial charges652/9€4.9m€4.9m▼
Non-recurring financial charges66B€32.4m€9.6m▼
Profit (loss) for the period before taxes9903€13.0m€23.3m▲
Income taxes67/77€4.9m€6.8m▲
Taxes670/3€4.9m€6.8m▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€8.0m€16.5m▲
Profit (loss) for the period to be appropriated9905€8.0m€16.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€21.3m€29.7m▲
Profit (loss) brought forward from the previous period14P€13.3m€13.3m=
Transfer from equity791/2€22.1m€13.3m▼
From reserves792€22.1m€13.3m▼
Profit to be distributed694/7€30.1m€29.8m▼
Return on contributions (dividend)694€30.1m€29.8m▼
Social balance sheet
Average headcount (FTE)9087472.8465.6▼

The notes to these accounts (91 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€194.9m€221.2m€203.8m€194.6m€205.6m▲ 5.7%
Turnover70€190.7m€181.5m€145.4m€186.2m€201.5m€202.2m€198.1m€196.6m▼ 0.7%
Change in stocks of work in progress, finished goods and contracts in progress71---€4.1m€14.4m-€3.9m-€8.5m€3.4m-
Other operating income74---€4.6m€5.3m€5.5m€5.0m€5.6m▲ 12.1%
Non-recurring operating income76A---€0.08m€0----
Operating charges60/66A---€166.1m€191.0m€175.1m€163.9m€170.2m▲ 3.8%
Goods for resale, raw materials and consumables60---€36.0m€42.4m€31.8m€28.8m€32.9m▲ 14.4%
Purchases600/8---€37.7m€42.9m€30.0m€29.8m€34.9m▲ 17.0%
Change in stocks: decrease (increase)609----€1.7m-€0.5m€1.8m-€1.1m-€2.0m▼ 85.9%
Services and other goods61---€92.9m€107.2m€102.3m€92.9m€97.0m▲ 4.4%
Remuneration, social security and pensions62---€29.3m€32.0m€32.9m€34.2m€35.1m▲ 2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.4m€8.3m€8.2m€7.9m€6.2m€6.7m€5.5m€5.5m▼ 0.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.1m€2.9m€1.2m€2.2m-€0.5m-
Provisions for liabilities and charges: additions (uses and reversals)635/8----€0.2m€0----
Other operating charges640/8---€0.3m€0.3m€0.3m€0.3m€0.3m▲ 13.6%
Operating profit (loss)9901€23.5m€19.8m€8.4m€28.8m€30.2m€28.7m€30.6m€35.4m▲ 15.6%
Financial income75/76B---€11.9m€11.6m€20.3m€20.3m€3.0m▼ 85.4%
Recurring financial income75€13.5m€13.2m€11.1m€11.9m€11.6m€20.3m€20.3m€3.0m▼ 85.4%
Income from financial fixed assets750---€9.4m€8.0m€16.9m€17.2m€0.3m▼ 98.4%
Income from current assets751---€0.02m€0.09m€1.0m€1.7m€1.0m▼ 40.0%
Other financial income752/9---€2.4m€3.5m€2.4m€1.5m€1.7m▲ 15.0%
Financial charges65/66B---€4.9m€7.8m€7.1m€38.0m€15.1m▼ 60.4%
Recurring financial charges65€6.9m€5.8m€4.5m€4.9m€7.8m€7.1m€5.6m€5.5m▼ 1.9%
Debt charges650€0.09m€0.1m€0.2m€0.2m€0.2m€0.9m€0.6m€0.6m▼ 8.7%
Other financial charges652/9---€4.7m€7.6m€6.2m€4.9m€4.9m▼ 1.0%
Non-recurring financial charges66B-----€0.04m€32.4m€9.6m▼ 70.4%
Profit (loss) for the period before taxes9903€28.5m€16.7m€11.8m€35.7m€34.0m€41.9m€13.0m€23.3m▲ 79.7%
Income taxes67/77€0.4m€3.5m€0.2m€5.1m€5.4m€4.6m€4.9m€6.8m▲ 38.0%
Taxes670/3---€5.1m€5.4m€4.8m€4.9m€6.8m▲ 38.0%
Tax adjustments and reversals of tax provisions77-----€0.3m€0--
Profit (loss) for the period9904€28.2m€13.2m€11.5m€30.6m€28.6m€37.3m€8.0m€16.5m▲ 105%
Profit (loss) for the period to be appropriated9905€28.2m€13.2m€11.5m€30.6m€28.6m€37.3m€8.0m€16.5m▲ 105%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€215.0m€210.7m€201.5m€226.0m€233.8m€226.7m€195.0m€180.9m▼ 7.2%
Fixed assets21/28€119.4m€106.3m€97.0m€94.3m€94.1m€96.9m€64.3m€54.7m▼ 15.1%
Intangible fixed assets21€13.8m€14.7m€11.8m€9.0m€9.1m€8.3m€8.4m€8.7m▲ 3.9%
Tangible fixed assets22/27€23.2m€18.8m€15.9m€15.0m€14.4m€18.1m€17.9m€17.5m▼ 2.3%
Land and buildings22---€11.4m€10.8m€12.6m€13.1m€12.6m▼ 4.0%
Plant, machinery and equipment23---€2.5m€2.3m€3.6m€3.8m€3.3m▼ 12.8%
Furniture and vehicles24---€1.0m€0.8m€0.6m€0.4m€1.1m▲ 146%
Other tangible fixed assets26---€0.06m€0.06m€0.06m€0.06m€0.08m▲ 39.4%
Assets under construction and advance payments27----€0.5m€1.2m€0.5m€0.4m▼ 10.6%
Financial fixed assets28€82.4m€72.8m€69.2m€70.4m€70.5m€70.5m€38.0m€28.4m▼ 25.3%
Affiliated companies280/1---€58.5m€58.5m€58.4m€26.0m€26.0m=
Participating interests280---€58.5m€58.5m€58.4m€26.0m€26.0m=
Companies linked by participating interests282/3---€11.7m€11.7m€11.7m€11.7m€2.1m▼ 82.1%
Participating interests282---€11.7m€11.7m€11.7m€11.7m€2.1m▼ 82.1%
Other financial fixed assets284/8---€0.3m€0.4m€0.4m€0.4m€0.3m▼ 5.7%
Amounts receivable and cash guarantees285/8---€0.3m€0.4m€0.4m€0.4m€0.3m▼ 5.7%
Current assets29/58€95.5m€104.4m€104.6m€131.7m€139.7m€129.7m€130.6m€126.3m▼ 3.3%
Amounts receivable after more than one year29---€1.4m€1.5m€1.7m€5.7m€7.8m▲ 38.0%
Trade receivables290---€0.1m€0.1m€0.1m€0.8m€1.3m▲ 65.4%
Other amounts receivable291---€1.3m€1.4m€1.6m€4.9m€6.5m▲ 33.6%
Stocks and contracts in progress3€44.8m€34.9m€38.8m€44.4m€56.2m€49.3m€40.3m€45.4m▲ 12.8%
Stocks30/36---€44.4m€56.2m€49.3m€40.3m€45.4m▲ 12.8%
Raw materials and consumables30/31---€10.7m€10.9m€7.9m€7.5m€9.2m▲ 23.2%
Work in progress32---€10.7m€17.8m€8.9m€9.0m€12.1m▲ 34.7%
Finished goods33---€23.1m€27.6m€32.5m€23.8m€24.1m▲ 1.2%
Amounts receivable within one year40/41€32.5m€26.7m€15.7m€17.2m€21.5m€19.4m€20.1m€18.5m▼ 8.0%
Trade receivables40---€15.1m€15.4m€15.8m€17.0m€16.6m▼ 2.1%
Other amounts receivable41---€2.1m€6.1m€3.6m€3.1m€1.9m▼ 40.2%
Current investments50/53€0.4m€0.4m€1.9m€9.8m€29.7m€47.4m€51.0m€21.1m▼ 58.7%
Own shares50---€4.8m€9.7m€6.6m€13.0m€9.9m▼ 23.8%
Other investments51/53---€5.0m€20.0m€40.8m€38.0m€11.2m▼ 70.6%
Cash at bank and in hand54/58€12.5m€36.6m€46.0m€57.8m€29.6m€10.3m€12.2m€31.7m▲ 160%
Deferred charges and accrued income490/1---€1.1m€1.1m€1.6m€1.4m€1.8m▲ 29.7%
Equity and liabilities
Total equity and liabilities10/49€215.0m€210.7m€201.5m€226.0m€233.8m€226.7m€195.0m€180.9m▼ 7.2%
Equity10/15€151.9m€165.2m€150.1m€153.9m€153.1m€150.6m€128.4m€107.6m▼ 16.3%
Contributions10/11€1.9m€1.9m€1.9m€2.7m€2.7m€2.7m€2.7m€2.7m=
Capital10---€1.9m€1.9m€1.9m€1.9m€1.9m=
Issued capital100---€1.9m€1.9m€1.9m€1.9m€1.9m=
Contributions outside capital11---€0.7m€0.7m€0.7m€0.7m€0.7m=
Share premium1100/10---€0.7m€0.7m€0.7m€0.7m€0.7m=
Reserves13€149.0m€149.0m€133.9m€137.7m€137.0m€134.6m€112.5m€91.6m▼ 18.5%
Non-distributable reserves130/1---€4.9m€9.9m€6.8m€13.2m€10.1m▼ 23.4%
Legal reserve130---€0.2m€0.2m€0.2m€0.2m€0.2m=
Own shares acquired1312---€4.8m€9.7m€6.6m€13.0m€9.9m▼ 23.8%
Distributable reserves133---€132.7m€127.1m€127.8m€99.3m€81.5m▼ 17.9%
Profit (loss) carried forward14-€13.2m€13.2m€13.3m€13.3m€13.3m€13.3m€13.3m=
Investment grants15---€0.3m€0.2m€0.1m€0.04m--
Provisions and deferred taxes16€0.4m€0.2m€0.2m------
Amounts payable17/49€62.6m€45.3m€51.3m€72.1m€80.7m€76.0m€66.5m€73.4m▲ 10.3%
Amounts payable within one year42/48€58.3m€44.8m€50.8m€72.0m€79.9m€75.8m€66.2m€73.1m▲ 10.4%
Trade debts44€37.0m€33.7m€30.2m€36.4m€40.0m€34.7m€26.9m€32.4m▲ 20.7%
Suppliers440/4---€36.4m€40.0m€34.7m€26.9m€32.4m▲ 20.7%
Taxes, remuneration and social security45---€7.6m€8.0m€7.6m€8.1m€8.7m▲ 7.6%
Taxes450/3---€1.1m€1.2m€1.2m€1.4m€1.7m▲ 20.7%
Remuneration and social security454/9---€6.5m€6.8m€6.4m€6.7m€7.0m▲ 4.9%
Other amounts payable47/48---€28.0m€31.9m€33.5m€31.3m€32.0m▲ 2.3%
Accrued charges and deferred income492/3---€0.1m€0.8m€0.2m€0.3m€0.2m▼ 22.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€28.2m€13.2m€11.5m€30.6m€28.6m€37.3m€8.0m€16.5m▲ 105%
+ Depreciation and write-downs630€5.4m€8.3m€8.2m€7.9m€6.2m€6.7m€5.5m€5.5m▼ 0.6%
Operating cash flow (approximation)€33.6m€21.4m€19.7m€38.5m€34.7m€44.0m€13.5m€22.0m▲ 62.2%
Investment in fixed assets (approximation)-€4.9m€1.1m-€5.3m-€5.9m-€9.5m€27.1m€4.2m▼ 84.5%
Change in cash-€24.1m€9.4m€11.8m-€28.2m-€19.3m€1.9m€19.5m▲ 952%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 63 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 consolidated 22-06-2026 2026-00218291
31-12-2025 full format 18-06-2026 2026-00194529
31-12-2024 full format 06-05-2025 2025-00093604
31-12-2024 consolidated 06-05-2025 2025-00093552
31-12-2023 consolidated 29-05-2024 2024-00109423
31-12-2023 full format 29-05-2024 2024-00108521
31-12-2022 full format 27-04-2023 2023-00071560
31-12-2022 consolidated 27-04-2023 2023-00080863
31-12-2021 consolidated 25-05-2022 2022-20046570
31-12-2021 full format 12-05-2022 2022-20026291

Show all 63 filings

Subsidies and aid

Flemish government

2022 to 2025 · 10 entries · €101,437 awarded · €101,437 paid
Year Entries AwardedPaid
2025 3 €4,148€4,148
2024 2 €21,104€21,104
2023 2 €39,180€39,180
2022 3 €37,005€37,005
Schemes
4 entries · €86,054 · €86,054 paid · Departement Werk en Sociale Economie
2 entries · €8,640 · €8,640 paid · Departement Werk en Sociale Economie
3 entries · €4,743 · €4,743 paid · Departement Werk en Sociale Economie
1 entry · €2,000 · €2,000 paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.