VAN DO
Annual accounts 2025
abbreviated format, filed on 10-06-2026, 51 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.1m. Estimated: probably between €1.0m and €1.5m.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €513,278 on 31-12-2025in euro
in euro
Position in the sector
66.9%
Higher than 83% of 4,824 companies in 2025.
0.92
Higher than 42% of 4,725 companies in 2025.
3.9%
Higher than 50% of 4,749 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€47,507
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, 3 people joined and 4 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 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
513,278 | 579,246 | 612,401 | 674,260 | 593,122 | 362,977 | 425,841 | 336,674 | 357,613 | 416,903 | 271,496 | 131,729 | 118,094 | 177,165 | 147,825 | 127,597 | 173,153 | 139,407 | 114,957 | 104,086 | |
20 |
- | - | - | 407 | 518 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
21/28 |
356,259 | 364,842 | 370,566 | 326,679 | 315,810 | 90,282 | 62,874 | 117,918 | 186,466 | 244,701 | 196,343 | 60,397 | 77,727 | 79,697 | 103,316 | 106,724 | 148,033 | 109,866 | 87,725 | 100,341 | |
22/27 |
356,259 | 364,842 | 370,566 | 326,679 | 315,810 | 90,282 | 62,874 | 117,918 | 186,466 | 244,701 | 196,343 | 60,397 | 77,727 | 79,697 | 103,316 | 106,724 | 148,033 | 109,866 | 87,725 | 100,341 | |
22 |
310,694 | 341,396 | 344,421 | 299,330 | 292,263 | 47,255 | 54 | 107 | 215 | 268 | 322 | 376 | 567 | 759 | 415 | 553 | - | - | - | - | |
23 |
35,747 | 17,676 | 19,991 | 20,811 | 18,160 | 37,640 | 57,434 | 74,882 | 105,936 | 120,645 | 137,966 | 60,021 | 77,159 | 70,340 | 102,902 | 106,171 | 148,033 | 109,866 | 87,725 | 100,341 | |
24 |
4,432 | 384 | 767 | 1,151 | - | - | - | - | 1,326 | 8,738 | - | - | - | 8,598 | - | - | - | - | - | - | |
25 |
5,387 | 5,387 | 5,387 | 5,387 | 5,387 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
157,019 | 214,403 | 241,836 | 347,174 | 276,794 | 272,695 | 362,967 | 218,756 | 171,147 | 172,202 | 75,153 | 71,332 | 40,367 | 97,469 | 44,508 | 20,874 | 25,119 | 29,541 | 27,232 | 3,745 | |
3 |
9,916 | 10,770 | 20,676 | 5,506 | 5,776 | 4,789 | 6,589 | 6,589 | 6,589 | 5,005 | 5,005 | 4,012 | 4,137 | 3,762 | 3,706 | 4,151 | 1,607 | 1,649 | 3,472 | 3,472 | |
30/36 |
9,916 | 10,770 | 20,676 | 5,506 | 5,776 | 4,789 | 6,589 | 6,589 | 6,589 | 5,005 | 5,005 | 4,012 | 4,137 | 3,762 | 3,706 | 4,151 | 1,607 | 1,649 | 3,472 | 3,472 | |
40/41 |
18,582 | 36,726 | 63,811 | 182,231 | 216,126 | 265,127 | 292,954 | 136,173 | 118,502 | 21,682 | 23,589 | 17,602 | 3,907 | 65,212 | 30,115 | 5,000 | 1,432 | 25,000 | 19,600 | - | |
40 |
- | - | - | - | - | - | - | 29,797 | - | - | 14,053 | 17,173 | - | - | 4,162 | 5,000 | 1,432 | 25,000 | 19,600 | - | |
41 |
18,582 | 36,726 | 63,811 | 182,231 | 216,126 | 265,127 | 292,954 | 106,376 | 118,502 | 21,682 | 9,536 | 430 | 3,907 | 65,212 | 25,954 | - | - | - | - | - | |
54/58 |
128,521 | 166,163 | 144,575 | 157,751 | 51,568 | 1,136 | 61,971 | 72,816 | 42,967 | 45,258 | 45,144 | 49,718 | 32,323 | 26,204 | 10,688 | 11,722 | 20,988 | 2,059 | 4,159 | 273 | |
490/1 |
- | 744 | 12,774 | 1,686 | 3,325 | 1,644 | 1,453 | 3,178 | 3,090 | 100,258 | 1,416 | - | - | 2,292 | - | - | 1,093 | 833 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
513,278 | 579,246 | 612,401 | 674,260 | 593,122 | 362,977 | 425,841 | 336,674 | 357,613 | 416,903 | 271,496 | 131,729 | 118,094 | 177,165 | 147,825 | 127,597 | 173,153 | 139,407 | 114,957 | 104,086 | |
10/15 |
343,265 | 323,477 | 332,312 | 336,367 | 318,595 | 307,467 | 308,098 | 246,092 | 222,123 | 189,449 | 115,750 | 112,547 | 113,419 | 117,589 | 121,078 | 116,280 | 113,015 | 106,453 | 106,174 | 93,045 | |
10/11 |
90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | |
10 |
- | 90,000 | 90,000 | 90,000 | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | |
13 |
9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 3,045 | |
130/1 |
9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 3,045 | |
1311 |
9,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
244,265 | 224,477 | 233,312 | 237,367 | 219,595 | 208,467 | 209,098 | 147,092 | 123,123 | 90,449 | 16,750 | 13,547 | 14,419 | 18,589 | 22,078 | 17,280 | 14,015 | 7,453 | 7,174 | - | |
17/49 |
170,013 | 255,768 | 280,090 | 337,893 | 274,528 | 55,510 | 117,743 | 90,582 | 135,490 | 227,455 | 155,746 | 19,182 | 4,675 | 59,576 | 26,746 | 11,318 | 60,138 | 32,954 | 8,782 | 11,040 | |
17 |
- | - | - | - | - | 12,401 | 29,434 | 40,825 | 80,531 | 88,550 | 44,529 | - | - | - | - | - | - | 11,419 | - | - | |
170/4 |
- | - | - | - | - | 12,401 | 29,434 | 40,825 | 58,328 | 88,550 | 44,529 | - | - | - | - | - | - | 11,419 | - | - | |
178/9 |
- | - | - | - | - | - | - | - | 22,202 | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
170,013 | 255,768 | 280,090 | 337,893 | 274,528 | 43,109 | 88,310 | 49,757 | 54,959 | 137,069 | 26,051 | 19,182 | 4,675 | 59,576 | 26,746 | 11,318 | 60,138 | 21,536 | 8,782 | 11,040 | |
42 |
- | - | - | - | 23,086 | 23,147 | 42,680 | 4,392 | 31,980 | 31,290 | 1,068 | - | - | - | - | - | 3,922 | - | - | - | |
44 |
131,623 | 223,634 | 217,318 | 283,475 | 222,226 | 10,003 | - | 397 | 22,979 | 1,761 | - | - | 4,675 | 18,780 | 13,476 | 3,810 | 23,798 | 20,647 | 6,063 | - | |
440/4 |
131,623 | 223,634 | 217,318 | 283,475 | 222,226 | 10,003 | - | 397 | 22,979 | 1,761 | - | - | 4,675 | 18,780 | 13,476 | 3,810 | 23,798 | 20,647 | 6,063 | - | |
45 |
38,390 | 32,135 | 62,772 | 54,418 | 29,216 | 9,959 | 45,630 | 44,968 | - | 27,000 | 22,711 | 18,340 | - | 40,788 | 13,271 | 7,508 | 32,417 | - | 2,720 | 11,040 | |
450/3 |
38,390 | 32,135 | 62,772 | 54,418 | 29,216 | 9,959 | 45,630 | 25,407 | - | 27,000 | 22,711 | 18,340 | - | 12,975 | 8,055 | 2,510 | 25,159 | - | 2,720 | 11,040 | |
454/9 |
- | - | - | - | - | - | - | 19,561 | - | - | - | - | - | 27,813 | 5,216 | 4,998 | 7,258 | - | - | - | |
47/48 |
- | - | - | - | - | - | - | - | - | 77,018 | 2,272 | 843 | - | 7 | - | - | - | 889 | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | 1,836 | 85,166 | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | 30,096 | - | 5,037 | 68,187 | - | - | 10,859 | - | 18,009 | - | - | - | - | - | |
9900 |
452,690 | 417,531 | 499,010 | 379,981 | 179,588 | 171,681 | 529,121 | 497,997 | 489,069 | 450,102 | 346,848 | 244,550 | 190,586 | 144,265 | 133,831 | 129,152 | 97,274 | 63,518 | 46,637 | 36,431 | |
62 |
342,050 | 346,405 | 436,047 | 285,115 | 135,240 | 157,438 | 340,655 | 298,279 | 327,778 | 254,521 | 271,105 | 182,402 | 146,508 | 90,666 | 73,558 | 69,197 | 55,327 | 30,532 | 18,061 | 16,543 | |
630 |
46,803 | 43,109 | 42,306 | 45,720 | 24,656 | 19,847 | 55,131 | 78,029 | 60,607 | 52,418 | 34,695 | 31,260 | 30,230 | 37,508 | 32,563 | 44,942 | 23,615 | 22,859 | 13,359 | 15,710 | |
640/8 |
8,565 | 10,298 | 12,977 | 21,761 | 5,979 | 5,702 | 16,944 | 11,240 | 8,126 | 12,351 | 14,301 | 8,400 | 10,438 | 5,765 | 13,740 | 2,791 | 2,309 | 4,080 | 2,103 | 1,084 | |
66A |
- | - | - | - | - | - | - | 29,797 | 851 | - | - | 230 | 50 | - | - | 30 | 254 | 160 | - | - | |
9901 |
55,272 | 17,720 | 7,680 | 27,385 | 13,713 | -11,306 | 116,391 | 110,449 | 91,707 | 130,812 | 26,747 | 22,488 | 3,410 | 10,327 | 13,970 | 12,222 | 16,023 | 6,047 | 13,114 | 3,094 | |
75/76B |
1,496 | 3,045 | 9,916 | 7,996 | 9,965 | 18,246 | 1 | 9,623 | - | 1 | 7 | 3,449 | 4 | 99 | 27 | 19,737 | 25 | 27 | 23 | - | |
75 |
1,496 | 3,045 | 9,916 | 7,996 | 9,965 | 18,246 | 1 | 9,623 | - | 1 | 7 | 3,449 | 4 | 99 | 27 | 19,737 | 25 | 27 | 23 | - | |
65/66B |
19,086 | 18,160 | 10,927 | 2,676 | 5,252 | 4,383 | 16,732 | 34,780 | 2,352 | 4,863 | 2,750 | 11,473 | 2,133 | 6,960 | 6,338 | 28,656 | 5,239 | 5,635 | 8 | 49 | |
65 |
19,086 | 18,160 | 10,927 | 2,676 | 5,252 | 4,383 | 16,732 | 4,983 | 2,352 | 4,863 | 2,750 | 11,473 | 2,133 | 6,960 | 6,338 | 28,656 | 5,239 | 5,635 | 8 | 49 | |
66B |
- | - | - | - | - | - | - | 29,797 | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
37,682 | 2,605 | 6,669 | 32,705 | 18,426 | 2,557 | 99,660 | 85,292 | 89,355 | 125,950 | 24,004 | 14,235 | 12,091 | 3,466 | 25,668 | 3,273 | 10,554 | 279 | 13,129 | 3,045 | |
67/77 |
17,894 | 11,439 | 10,724 | 14,932 | 7,299 | 2,308 | 158,142 | 61,323 | 56,680 | 52,252 | 20,801 | 15,107 | 16,262 | 6,955 | 20,870 | 8 | 3,993 | - | - | - | |
9904 |
19,788 | -8,834 | -4,055 | 17,772 | 11,127 | 249 | -58,482 | 23,969 | 32,674 | 73,698 | 3,204 | -872 | -4,171 | -3,489 | 4,798 | 3,265 | 6,562 | 279 | 13,129 | 3,045 | |
9905 |
19,788 | -8,834 | -4,055 | 17,772 | 11,127 | 249 | -58,482 | 23,969 | 32,674 | 73,698 | 3,204 | -872 | -4,171 | -3,489 | 4,798 | 3,265 | 6,562 | 279 | 13,129 | 3,045 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
244,265 | 224,477 | 233,312 | 237,367 | 219,595 | 208,467 | 88,610 | 147,092 | 123,123 | 90,449 | 16,750 | 13,547 | 14,419 | 18,589 | 22,078 | 17,280 | 14,015 | 7,453 | 13,129 | 3,045 | |
14P |
224,477 | 233,312 | 237,367 | 219,595 | 208,467 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 120,488 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,955 | 3,045 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,955 | 3,045 | |
| Social balance sheet | |||||||||||||||||||||
9087 |
7.2 | 8.2 | 7.9 | 7.9 | 8.2 | 8.6 | - | - | - | - | 6.4 | 5.2 | 3.8 | 2.7 | 2.6 | 2.4 | 2.4 | 1.1 | 1.1 | 0.6 | |
Hours worked1013 |
13,740 | 14,571 | 14,485 | 10,268 | 5,301 | 6,395 | - | - | - | - | 11,208 | 8,804 | 6,908 | 4,970 | 4,060 | 4,055 | 3,200 | 1,818 | 1,818 | 1,102 | |
| Document | |||||||||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-06-2026.
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 | 10-06-2026 | 2026-00149076 | |
| 31-12-2024 | abbreviated format | 25-06-2025 | 2025-00181468 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00381242 | |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00339807 | |
| 31-12-2021 | micro format | 04-08-2022 | 2022-20274218 | |
| 31-12-2020 | micro format | 21-12-2021 | 2021-81100576 | |
| 31-12-2019 | abbreviated format | 19-08-2020 | 2020-42900087 | |
| 31-12-2018 | abbreviated format | 27-08-2019 | 2019-52400524 | |
| 31-12-2017 | micro format | 30-09-2018 | 2018-68300303 | |
| 31-12-2016 | micro format | 25-09-2017 | 2017-63800390 | |
| 31-12-2015 | abbreviated format | 09-08-2016 | 2016-41300382 | |
| 31-12-2014 | abbreviated format | 26-06-2015 | 2015-25800365 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-53400015 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-57300367 | |
| 31-12-2011 | abbreviated format | 22-08-2012 | 2012-44000528 | |
| 31-12-2010 | abbreviated format | 02-09-2011 | 2011-53800210 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-51200140 | |
| 31-12-2008 | abbreviated format | 30-09-2009 | 2009-79700328 | |
| 31-12-2007 | abbreviated format | 26-03-2008 | 2008-07600334 | |
| 31-12-2006 | abbreviated format | 31-07-2007 | 2007-49800290 |
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 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 102,075 | 60,829 | 49,986 | 73,105 | 38,369 | 8,541 | 171,522 | 188,478 | 152,313 | 183,229 | 61,442 | 53,748 | 33,641 | 47,835 | 46,533 | 57,164 | 39,638 | 28,906 | 26,473 | 18,804 | ||
| 66,590 | 34,275 | 38,251 | 63,492 | 35,783 | 20,096 | -3,351 | 101,998 | 93,281 | 126,116 | 37,899 | 30,388 | 26,059 | 34,019 | 37,361 | 48,207 | 30,177 | 23,138 | 26,488 | 18,755 | ||
| 38,777 | 37,386 | 85,786 | 556,731 | 242,768 | 47,255 | 87 | 9,480 | 2,372 | 48,358 | 75,902 | 13,930 | 36,858 | 13,888 | 29,155 | 3,632 | 61,782 | 45,000 | 743 | 116,051 | ||
| -37,641 | 21,588 | -13,176 | 106,183 | 50,432 | -60,836 | -10,845 | 29,849 | -2,291 | 114 | -4,574 | 17,395 | 6,120 | 15,516 | -1,035 | -9,265 | 18,928 | -2,100 | 3,887 | - | ||
| -12,994 | -41,365 | -38,254 | 9,281 | 2,267 | 229,586 | 274,657 | 168,999 | 116,188 | 35,133 | 49,102 | 52,150 | 35,692 | 37,893 | 17,762 | 9,556 | -35,018 | 8,005 | 18,449 | -7,296 | ||
| 66.9% | 55.8% | 54.3% | 49.9% | 53.7% | 84.7% | 72.4% | 73.1% | 62.1% | 45.4% | 42.6% | 85.4% | 96.0% | 66.4% | 81.9% | 91.1% | 65.3% | 76.4% | 92.4% | 89.4% | ||
| 0.92 | 0.84 | 0.86 | 1.03 | 1.01 | 6.33 | 4.11 | 4.40 | 3.11 | 1.26 | 2.88 | 3.72 | 8.63 | 1.64 | 1.66 | 1.84 | 0.42 | 1.37 | 3.10 | 0.34 | ||
| 0.87 | 0.80 | 0.79 | 1.01 | 0.99 | 6.21 | 4.04 | 4.26 | 2.99 | 1.22 | 2.69 | 3.51 | 7.75 | 1.57 | 1.53 | 1.48 | 0.39 | 1.30 | 2.71 | 0.02 | ||
| 0.50 | 0.79 | 0.84 | 1.00 | 0.86 | 0.18 | 0.38 | 0.37 | 0.61 | 1.20 | 1.35 | 0.17 | 0.04 | 0.51 | 0.22 | 0.10 | 0.53 | 0.31 | 0.08 | 0.12 | ||
| 5.8% | -2.7% | -1.2% | 5.3% | 3.5% | 0.1% | -19.0% | 9.7% | 14.7% | 38.9% | 2.8% | -0.8% | -3.7% | -3.0% | 4.0% | 2.8% | 5.8% | 0.3% | 12.4% | 3.3% | ||
| 3.9% | -1.5% | -0.7% | 2.6% | 1.9% | 0.1% | -13.7% | 7.1% | 9.1% | 17.7% | 1.2% | -0.7% | -3.5% | -2.0% | 3.2% | 2.6% | 3.8% | 0.2% | 11.4% | 2.9% | ||
| 5.35 | 3.35 | 4.57 | 27.32 | 7.30 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 8 | 9 | 9 | 9 | 9 |
| full-time | 4 | 5 | 5 | 5 | 5 |
| part-time | 4 | 4 | 4 | 4 | 4 |
| in full-time equivalents | 7.2 | 8.2 | 8.1 | 7.9 | 7.9 |
| 7.6 | 8.2 | 7.9 | 7.9 | 8.2 | |
| On a permanent contract | 8 | 9 | 9 | 9 | 9 |
| Joined | 3 | - | - | - | 0 |
| Left | 4 | - | - | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €38,777 | €37,386 | €85,786 | €556,731 | €242,768 |
| €46,803 | €43,109 | €42,306 | €45,720 | €24,656 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VAN DO
The operating result for 2025 is over 3.1 times that of 2024 and the highest since 2019. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 44.2% to 33.1%. Equity is higher and debt is lower.