VANBINST
Annual accounts 2025
micro format, filed on 29-07-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €100,000 and €320,000.
Balance sheet
balance sheet total €42,964 on 31-12-2025in euro
in euro
Position in the sector
7.0%
Higher than 12% of 35,136 companies in 2025.
0.86
Higher than 16% of 34,510 companies in 2025.
10.3%
Higher than 59% of 34,711 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · 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 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
42,964 | 44,151 | 60,581 | 65,538 | 37,640 | |
21/28 |
14,006 | 23,624 | 34,845 | 44,113 | 23,299 | |
21 |
1,303 | 2,290 | 3,495 | 4,699 | 5,904 | |
22/27 |
12,703 | 21,334 | 31,350 | 39,414 | 17,395 | |
23 |
3,037 | 3,001 | 4,349 | 3,746 | 2,363 | |
24 |
897 | 1,097 | 1,297 | 1,497 | 15,032 | |
25 |
8,769 | 17,236 | 25,704 | 34,171 | - | |
29/58 |
28,958 | 20,527 | 25,736 | 21,424 | 14,341 | |
3 |
6,201 | 4,340 | 4,016 | 2,644 | - | |
30/36 |
6,201 | 4,340 | 4,016 | 2,644 | - | |
40/41 |
14,822 | 8,232 | 10,736 | 11,991 | 9,246 | |
40 |
11,043 | 7,474 | 10,736 | 11,506 | 6,107 | |
41 |
3,780 | 758 | - | 485 | 3,139 | |
54/58 |
4,049 | 3,529 | 7,028 | 2,909 | 2,519 | |
490/1 |
3,886 | 4,426 | 3,956 | 3,880 | 2,576 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
42,964 | 44,151 | 60,581 | 65,538 | 37,640 | |
10/15 |
3,000 | 16,276 | 21,800 | 18,472 | 8,043 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
- | 13,276 | 18,800 | - | - | |
133 |
- | 13,276 | 18,800 | - | - | |
14 |
- | - | - | 15,472 | 5,043 | |
17/49 |
39,964 | 27,875 | 38,780 | 47,066 | 29,598 | |
17 |
689 | 8,868 | 16,877 | 24,721 | 2,834 | |
170/4 |
689 | 8,868 | 16,877 | 24,721 | 2,834 | |
42/48 |
33,749 | 18,867 | 20,728 | 22,039 | 26,763 | |
42 |
7,503 | 8,009 | 7,844 | 7,682 | 6,727 | |
44 |
6,056 | 8,458 | 4,750 | 5,518 | 1,243 | |
440/4 |
6,056 | 8,458 | 4,750 | 5,518 | 1,243 | |
45 |
2,487 | 853 | 4,525 | 3,174 | 6,216 | |
450/3 |
487 | 853 | 4,525 | 3,174 | 3,966 | |
454/9 |
2,000 | - | - | - | 2,250 | |
47/48 |
17,703 | 1,547 | 3,610 | 5,665 | 12,577 | |
492/3 |
5,526 | 140 | 1,175 | 306 | - | |
| Income statement | ||||||
76A |
- | - | - | 4,165 | - | |
9900 |
18,746 | 7,206 | 20,153 | 25,739 | 24,492 | |
630 |
10,679 | 11,220 | 11,321 | 10,849 | 14,047 | |
640/8 |
713 | 757 | 751 | 576 | 1,180 | |
9901 |
7,354 | -4,771 | 8,081 | 14,313 | 9,265 | |
75/76B |
7 | 1 | 0 | 0 | 55 | |
75 |
7 | 1 | 0 | 0 | 55 | |
65/66B |
1,180 | 754 | 1,234 | 1,504 | 712 | |
65 |
1,180 | 754 | 1,234 | 1,504 | 712 | |
9903 |
6,181 | -5,524 | 6,847 | 12,809 | 8,608 | |
67/77 |
1,754 | - | 1,853 | 780 | 1,966 | |
9904 |
4,426 | -5,524 | 4,994 | 12,029 | 6,643 | |
9905 |
4,426 | -5,524 | 4,994 | 12,029 | 6,643 | |
| Appropriation of the result | ||||||
9906 |
4,426 | -5,524 | 20,466 | 17,072 | 6,643 | |
14P |
- | - | 15,472 | 5,043 | - | |
791/2 |
13,276 | 5,524 | - | - | - | |
691/2 |
- | - | 18,800 | - | - | |
6921 |
- | - | 18,800 | - | - | |
694/7 |
17,703 | - | 1,666 | 1,600 | 1,600 | |
694 |
17,703 | - | 1,666 | 1,600 | 1,600 | |
| Document | ||||||
The notes to these accounts have 9 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 29-07-2026.
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 | micro format | 29-07-2026 | 2026-00381752 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00359201 | |
| 31-12-2023 | micro format | 24-06-2024 | 2024-00196076 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00423415 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20100093 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 18,032 | 6,450 | 19,402 | 25,163 | 23,312 | ||
| 15,105 | 5,697 | 16,315 | 22,879 | 20,689 | ||
| 1,060 | 0 | 2,052 | 44,999 | 36,006 | ||
| 520 | -3,499 | 4,119 | 391 | - | ||
| -4,791 | 1,660 | 5,008 | -615 | -12,422 | ||
| 7.0% | 36.9% | 36.0% | 28.2% | 21.4% | ||
| 0.86 | 1.09 | 1.24 | 0.97 | 0.54 | ||
| 0.67 | 0.86 | 1.05 | 0.85 | 0.54 | ||
| 13.32 | 1.71 | 1.78 | 2.55 | 3.68 | ||
| 147.5% | -33.9% | 22.9% | 65.1% | 82.6% | ||
| 10.3% | -12.5% | 8.2% | 18.4% | 17.6% | ||
| 15.28 | 8.55 | 15.72 | 16.73 | 32.73 |
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 | €1,060 | - | €2,052 | €44,999 | €28,126 |
| Intangible fixed assets | - | - | - | - | €7,880 |
| €10,679 | €11,220 | €11,321 | €10,849 | €14,047 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VANBINST
The operating result for 2025 is a profit of €7,354, after a loss of €4,771 in 2024.
Debt's share of the balance-sheet total rises from 63.1% to 93.0%. Equity is lower and debt is higher.