VANADEK IMMO
Annual accounts 2025
micro format, filed on 06-10-2026, 67 days late€62,973
▼ 9.2%
€18,149
▼ 5.7%
€792
▼ 83.0%
-€256,451
▼ €30,978
9.8%
▲ 1.1 percentage points
0.06
▼ 0.02
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €85,000 and €390,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €401,136 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
9.8%
Higher than 32% of 17,185 companies in 2025.
0.06
Higher than 7% of 16,482 companies in 2025.
0.2%
Higher than 40% of 16,861 companies in 2025.
VANADEK IMMO
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
401,136 | 441,319 | 469,614 | 502,755 | 520,802 | 560,984 | 617,279 | 681,787 | 738,505 | 431,880 | 479,120 | 522,025 | 563,013 | 601,048 | 208,305 | 239,199 | 278,883 | 318,576 | |
21/28 |
385,311 | 422,163 | 463,886 | 483,749 | 510,173 | 550,580 | 607,024 | 668,903 | 726,218 | 429,280 | 468,282 | 511,607 | 554,932 | 587,477 | 204,388 | 230,093 | 271,835 | 313,577 | |
22/27 |
385,311 | 422,163 | 463,886 | 483,749 | 510,173 | 550,580 | 607,024 | 668,903 | 726,218 | 429,280 | 468,282 | 511,607 | 554,932 | 587,477 | 204,388 | 230,093 | 271,835 | 313,577 | |
22 |
385,311 | 422,163 | 463,886 | 483,749 | 510,173 | 550,580 | 607,024 | 668,903 | 726,218 | 429,280 | 468,282 | 511,607 | 554,932 | 587,477 | 204,388 | 230,093 | 271,835 | 313,577 | |
29/58 |
15,826 | 19,156 | 5,728 | 19,006 | 10,629 | 10,404 | 10,255 | 12,884 | 12,287 | 2,600 | 10,838 | 10,417 | 8,081 | 13,571 | 3,917 | 9,106 | 7,048 | 4,999 | |
29 |
- | - | - | - | - | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | |
40/41 |
- | 3,900 | - | - | - | 4,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | 2,400 | |
41 |
- | 3,900 | - | - | - | 4,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | 2,400 | |
54/58 |
8,162 | 3,086 | 1,260 | 7,810 | 7,920 | 4,809 | 3,381 | 5,152 | 9,326 | - | 8,038 | 8,317 | 6,545 | 13,371 | 3,717 | 8,906 | 6,848 | 2,599 | |
490/1 |
7,664 | 12,170 | 4,468 | 11,196 | 2,709 | 1,595 | 1,873 | 2,731 | 2,962 | 2,600 | 2,800 | 2,100 | 1,536 | 200 | 200 | 200 | 200 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
401,136 | 441,319 | 469,614 | 502,755 | 520,802 | 560,984 | 617,279 | 681,787 | 738,505 | 431,880 | 479,120 | 522,025 | 563,013 | 601,048 | 208,305 | 239,199 | 278,883 | 318,576 | |
10/15 |
39,171 | 38,379 | 33,721 | 47,823 | 42,686 | 19,220 | 1,185 | -1,985 | -3,808 | -15,947 | -11,489 | -7,657 | -3,066 | -7,219 | -40,230 | -34,546 | -12,136 | 11,290 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
9,500 | 9,500 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
9,500 | 9,500 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
9,671 | 8,879 | 8,721 | 22,823 | 22,686 | -780 | -18,815 | -21,985 | -23,808 | -35,947 | -31,489 | -27,657 | -23,066 | -27,219 | -60,230 | -54,546 | -32,136 | -8,710 | |
17/49 |
361,965 | 402,939 | 435,893 | 454,932 | 478,116 | 541,764 | 616,094 | 683,772 | 742,313 | 447,827 | 490,610 | 529,682 | 566,079 | 608,267 | 248,535 | 273,746 | 291,019 | 307,286 | |
17 |
75,471 | 134,066 | 189,684 | 242,648 | 296,707 | 362,178 | 443,013 | 522,312 | 599,102 | 362,908 | 407,819 | 451,180 | 493,048 | 533,483 | 225,932 | 244,621 | 262,463 | 279,494 | |
170/4 |
75,471 | 134,066 | 189,684 | 242,648 | 296,707 | 362,178 | 443,013 | 522,312 | 599,102 | 362,908 | 407,819 | 451,180 | 493,048 | 533,483 | 225,932 | 244,621 | 262,463 | 279,494 | |
42/48 |
272,276 | 244,629 | 232,942 | 205,520 | 177,629 | 178,589 | 170,414 | 152,001 | 140,132 | 83,791 | 79,674 | 77,971 | 71,325 | 74,331 | 22,488 | 29,124 | 28,556 | 27,541 | |
42 |
58,595 | 55,618 | 54,512 | 54,059 | 65,471 | 80,835 | 78,758 | 76,211 | 74,142 | 44,911 | 43,360 | 41,869 | 40,435 | 37,449 | 18,690 | 17,841 | 17,032 | 16,259 | |
44 |
1,112 | 700 | 1,120 | 4,702 | 2,620 | 1,474 | 5,876 | 310 | 310 | - | 424 | 212 | - | - | 197 | - | 242 | - | |
440/4 |
1,112 | 700 | 1,120 | 4,702 | 2,620 | 1,474 | 5,876 | 310 | 310 | - | 424 | 212 | - | - | 197 | - | 242 | - | |
45 |
450 | 450 | 1,220 | 9,479 | 8,258 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
450/3 |
450 | 450 | 1,220 | 9,479 | 8,258 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
212,119 | 187,860 | 176,089 | 137,280 | 101,280 | 96,280 | 85,780 | 75,480 | 65,680 | 38,880 | 35,890 | 35,890 | 30,890 | 36,882 | 3,602 | 11,283 | 11,283 | 11,283 | |
492/3 |
14,218 | 24,245 | 13,267 | 6,765 | 3,780 | 997 | 2,668 | 9,459 | 3,079 | 1,128 | 3,117 | 531 | 1,706 | 453 | 115 | - | - | 250 | |
| Income statement | |||||||||||||||||||
76A |
- | - | - | - | - | - | 403 | 683 | 2,856 | - | - | - | - | - | - | - | - | - | |
9900 |
62,973 | 69,379 | 72,342 | 72,720 | 92,928 | 95,902 | 94,207 | 92,952 | 101,656 | 55,083 | 61,476 | 61,831 | 72,064 | 95,589 | 35,966 | 36,030 | 35,768 | 63,205 | |
630 |
36,852 | 41,724 | 41,724 | 41,056 | 40,407 | 56,444 | 66,832 | 66,337 | 65,434 | 39,003 | 43,325 | 43,325 | 43,325 | 46,929 | 25,705 | 41,742 | 41,742 | 41,742 | |
640/8 |
7,971 | 8,418 | 22,486 | 16,867 | 11,013 | 11,016 | 10,046 | 9,510 | 7,887 | 5,981 | 5,982 | 5,928 | 5,868 | 4,050 | 3,888 | 3,808 | 3,807 | 4,723 | |
9901 |
18,149 | 19,237 | 8,132 | 14,798 | 41,508 | 28,442 | 17,329 | 17,106 | 28,335 | 10,099 | 12,169 | 12,578 | 22,871 | 44,611 | 6,373 | -9,520 | -9,780 | 16,740 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | 5 | - | 5 | |
75 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | 5 | - | 5 | |
65/66B |
17,357 | 18,029 | 17,234 | 8,441 | 9,784 | 10,407 | 14,159 | 15,283 | 16,196 | 14,557 | 16,001 | 17,169 | 18,718 | 11,600 | 12,063 | 12,895 | 13,646 | 25,454 | |
65 |
17,357 | 18,029 | 17,234 | 8,441 | 9,784 | 10,407 | 14,159 | 15,283 | 16,196 | 14,557 | 16,001 | 17,169 | 18,718 | 11,600 | 12,063 | 12,895 | 13,646 | 25,454 | |
9903 |
792 | 1,208 | -9,101 | 6,357 | 31,724 | 18,035 | 3,170 | 1,823 | 12,139 | -4,458 | -3,832 | -4,591 | 4,153 | 33,011 | -5,682 | -22,410 | -23,426 | -8,709 | |
67/77 |
- | -3,450 | 5,000 | 1,220 | 8,258 | - | - | - | - | - | - | - | - | - | 1 | 1 | - | 1 | |
9904 |
792 | 4,658 | -14,101 | 5,137 | 23,466 | 18,035 | 3,170 | 1,823 | 12,139 | -4,458 | -3,832 | -4,591 | 4,153 | 33,011 | -5,683 | -22,411 | -23,426 | -8,710 | |
9905 |
792 | 4,658 | -14,101 | 5,137 | 23,466 | 18,035 | 3,170 | 1,823 | 12,139 | -4,458 | -3,832 | -4,591 | 4,153 | 33,011 | -5,683 | -22,411 | -23,426 | -8,710 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
9,671 | 13,379 | 8,721 | 27,823 | 22,686 | -780 | -18,815 | -21,985 | -23,808 | -35,947 | -31,489 | -27,657 | -23,066 | -27,219 | -60,230 | -54,546 | -32,136 | -8,710 | |
14P |
8,879 | 8,721 | 22,823 | 22,686 | -780 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 4,500 | - | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | 4,500 | - | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 67 days after the deadline. Filed on 6 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00550363.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-10-2026 | 2026-00550363 | |
| 31-12-2024 | micro format | 24-09-2025 | 2025-00511924 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00483321 | |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00426930 | |
| 31-12-2021 | micro format | 14-10-2022 | 2022-20468522 | |
| 31-12-2020 | micro format | 06-09-2021 | 2021-66700188 | |
| 31-12-2019 | micro format | 05-11-2020 | 2020-69100353 | |
| 31-12-2018 | micro format | 07-10-2019 | 2019-68700537 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-58700143 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-51400215 | |
| 31-12-2015 | abbreviated format | 10-10-2016 | 2016-65400508 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-57000399 | |
| 31-12-2013 | abbreviated format | 29-09-2014 | 2014-62400192 | |
| 31-12-2012 | abbreviated format | 08-10-2013 | 2013-62600046 | |
| 31-12-2011 | abbreviated format | 30-10-2012 | 2012-62500086 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-48300562 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-52300514 | |
| 31-12-2008 | abbreviated format | 28-10-2009 | 2009-83100048 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55,001 | 60,961 | 49,856 | 55,854 | 81,915 | 84,886 | 84,161 | 83,442 | 93,769 | 49,101 | 55,494 | 55,903 | 66,196 | 91,539 | 32,078 | 32,222 | 31,962 | 58,482 | ||
| 37,644 | 46,382 | 27,622 | 46,193 | 63,873 | 74,479 | 70,002 | 68,160 | 77,574 | 34,545 | 39,493 | 38,734 | 47,478 | 79,939 | 20,022 | 19,331 | 18,316 | 33,032 | ||
| 0 | 0 | 21,861 | 14,632 | 0 | 0 | 4,953 | 9,022 | 362,372 | 0 | 0 | 0 | 10,781 | 430,017 | 0 | 0 | 0 | 355,319 | ||
| 5,076 | 1,826 | -6,550 | -110 | 3,111 | 1,428 | -1,771 | -4,174 | - | - | -279 | 1,772 | -6,826 | 9,654 | -5,189 | 2,058 | 4,249 | - | ||
| -256,451 | -225,473 | -227,214 | -186,514 | -167,000 | -168,185 | -160,159 | -139,118 | -127,845 | -81,191 | -68,836 | -67,554 | -63,244 | -60,759 | -18,571 | -20,018 | -21,508 | -22,542 | ||
| 9.8% | 8.7% | 7.2% | 9.5% | 8.2% | 3.4% | 0.2% | -0.3% | -0.5% | -3.7% | -2.4% | -1.5% | -0.5% | -1.2% | -19.3% | -14.4% | -4.4% | 3.5% | ||
| 0.06 | 0.08 | 0.02 | 0.09 | 0.06 | 0.06 | 0.06 | 0.08 | 0.09 | 0.03 | 0.14 | 0.13 | 0.11 | 0.18 | 0.17 | 0.31 | 0.25 | 0.18 | ||
| 9.24 | 10.50 | 12.93 | 9.51 | 11.20 | 28.19 | - | - | - | - | - | - | - | - | - | - | - | 27.22 | ||
| 2.0% | 12.1% | -41.8% | 10.7% | 55.0% | 93.8% | 267.5% | - | - | - | - | - | - | - | - | - | - | -77.1% | ||
| 0.2% | 1.1% | -3.0% | 1.0% | 4.5% | 3.2% | 0.5% | 0.3% | 1.6% | -1.0% | -0.8% | -0.9% | 0.7% | 5.5% | -2.7% | -9.4% | -8.4% | -2.7% | ||
| 3.17 | 3.38 | 2.89 | 6.62 | 8.37 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €21,861 | €14,632 | - |
| €36,852 | €41,724 | €41,724 | €41,056 | €40,407 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VANADEK IMMO
The operating result for 2025 is 6% lower than in 2024.
Debt's share of the balance-sheet total falls from 91.3% to 90.2%. Equity is higher and debt is lower.