VANDERBAUT
Annual accounts 2025
micro format, filed on 26-06-2026, 35 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 ≈ €310,000. Estimated: probably between €170,000 and €560,000.
Balance sheet
balance sheet total €741,670 on 31-12-2025in euro
in euro
Position in the sector
93.9%
Higher than 95% of 9,471 companies in 2025.
16.56
Higher than 95% of 9,219 companies in 2025.
3.5%
Higher than 40% of 9,291 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
741,670 | 1.0m | 935,002 | 594,949 | 531,621 | 499,586 | 466,583 | 547,562 | 446,045 | 443,048 | 454,300 | 527,969 | 510,218 | 335,866 | 57,261 | 41,928 | |
21/28 |
46,293 | 65,157 | 84,021 | 351,197 | 377,220 | 401,986 | 420,079 | 403,464 | 412,249 | 408,986 | 419,527 | 444,915 | 389,616 | 225,982 | 6,714 | 7,846 | |
22/27 |
41,293 | 60,157 | 79,021 | 346,197 | 372,220 | 396,986 | 420,079 | 403,464 | 412,249 | 408,986 | 419,527 | 444,915 | 389,616 | 225,982 | 6,714 | 7,846 | |
22 |
- | - | - | 344,302 | 369,586 | 394,869 | 420,079 | 403,173 | 411,594 | 407,895 | 419,527 | 444,785 | 389,356 | 225,582 | 6,367 | 7,163 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | 130 | 260 | 400 | 347 | 683 | |
24 |
41,293 | 60,157 | 79,021 | 1,894 | 2,634 | 2,117 | - | 291 | 655 | 1,091 | - | - | - | - | - | - | |
28 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | - | - | - | - | - | - | - | - | - | - | |
29/58 |
695,377 | 951,968 | 850,982 | 243,753 | 154,401 | 97,600 | 46,504 | 144,098 | 33,797 | 34,062 | 34,773 | 83,054 | 120,602 | 109,884 | 50,548 | 34,082 | |
40/41 |
911 | 45 | 1,967 | 5,176 | 9,725 | 778 | 8,950 | 6,344 | 20,548 | 13,371 | 9,757 | 45,859 | 10,719 | 8,775 | 11,480 | 11,228 | |
40 |
- | - | 1,922 | - | 9,680 | - | - | 299 | 10,406 | 9,680 | 9,712 | 45,478 | 10,191 | 8,730 | 11,435 | 10,745 | |
41 |
911 | 45 | 45 | 5,176 | 45 | 778 | 8,950 | 6,045 | 10,142 | 3,691 | 45 | 381 | 528 | 45 | 45 | 483 | |
50/53 |
605,759 | 885,437 | 790,000 | - | - | - | - | - | - | - | - | - | - | - | 7,030 | - | |
54/58 |
87,789 | 65,619 | 58,198 | 237,584 | 143,309 | 95,501 | 36,414 | 136,891 | 12,386 | 19,450 | 25,016 | 37,195 | 109,882 | 101,108 | 32,037 | 22,854 | |
490/1 |
918 | 866 | 817 | 993 | 1,368 | 1,321 | 1,140 | 863 | 863 | 1,241 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
741,670 | 1.0m | 935,002 | 594,949 | 531,621 | 499,586 | 466,583 | 547,562 | 446,045 | 443,048 | 454,300 | 527,969 | 510,218 | 335,866 | 57,261 | 41,928 | |
10/15 |
696,425 | 757,105 | 731,966 | 446,337 | 394,206 | 349,499 | 307,559 | 288,252 | 176,446 | 161,127 | 147,768 | 148,873 | 141,133 | 112,490 | 52,984 | 40,107 | |
10/11 |
1,000 | 1,000 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
695,425 | 756,105 | 605,704 | 320,076 | 267,945 | 223,238 | 181,297 | 161,990 | 50,184 | 34,866 | 21,507 | 21,507 | 21,507 | 21,507 | 21,507 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
695,425 | 756,105 | 605,704 | 318,216 | 266,085 | 221,378 | 179,437 | 160,130 | 48,324 | 33,006 | 19,647 | 19,647 | 19,647 | 19,647 | 19,647 | - | |
14 |
- | - | 107,662 | 107,662 | 107,662 | 107,662 | 107,662 | 107,662 | 107,662 | 107,662 | 107,662 | 108,766 | 101,026 | 72,383 | 12,877 | 19,647 | |
17/49 |
45,245 | 260,020 | 203,037 | 148,612 | 137,415 | 150,087 | 159,024 | 259,310 | 269,600 | 281,921 | 306,532 | 379,096 | 369,085 | 223,376 | 4,277 | 1,821 | |
17 |
1,750 | 12,942 | 23,002 | 91,875 | 103,125 | 114,375 | 125,625 | 136,875 | 148,125 | 159,375 | 170,625 | 181,875 | 193,125 | 204,375 | - | - | |
170/4 |
1,750 | 12,942 | 23,002 | 91,875 | 103,125 | 114,375 | 125,625 | 136,875 | 148,125 | 159,375 | 170,625 | 181,875 | 193,125 | 204,375 | - | - | |
42/48 |
41,995 | 245,578 | 178,534 | 55,237 | 32,790 | 34,212 | 31,899 | 120,935 | 119,775 | 122,546 | 132,907 | 197,186 | 175,925 | 19,001 | 4,277 | 1,821 | |
42 |
11,193 | 10,060 | 9,806 | 11,250 | 11,250 | 11,250 | 11,250 | 11,250 | 11,250 | 11,250 | 11,250 | 11,250 | 11,250 | 11,250 | - | - | |
44 |
1,031 | 64 | 9,368 | 26 | 24 | - | 22 | 171 | - | 1,374 | 2,008 | 44,476 | 6,016 | 2,839 | 2,875 | 1,821 | |
440/4 |
1,031 | 64 | 9,368 | 26 | 24 | - | 22 | 171 | - | 1,374 | 2,008 | 44,476 | 6,016 | 2,839 | 2,875 | 1,821 | |
45 |
22,920 | 98,944 | 49,380 | 11,411 | 9,045 | 4,753 | 2,370 | 1,549 | - | 3,714 | 2,729 | 1,511 | 235 | 1,123 | 1,403 | - | |
450/3 |
20,850 | 96,897 | 47,385 | 11,411 | 9,045 | 4,753 | 1,187 | 1,549 | - | 3,714 | 2,729 | 1,511 | 235 | 1,123 | 1,403 | - | |
454/9 |
2,071 | 2,047 | 1,995 | - | - | - | 1,183 | - | - | - | - | - | - | - | - | - | |
47/48 |
6,851 | 136,509 | 109,980 | 32,550 | 12,471 | 18,209 | 18,257 | 107,965 | 108,525 | 106,208 | 116,920 | 139,949 | 158,424 | 3,789 | - | - | |
492/3 |
1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,700 | - | 3,000 | 35 | 35 | - | - | - | |
| Income statement | |||||||||||||||||
76A |
- | - | 361,524 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
44,755 | 281,831 | 592,870 | 145,751 | 94,997 | 93,622 | 68,149 | 193,008 | 46,675 | 51,282 | 39,807 | 38,927 | 74,478 | 75,222 | 22,091 | 31,179 | |
630 |
18,864 | 18,864 | 14,865 | 26,023 | 25,973 | 27,773 | 28,275 | 21,220 | 22,816 | 15,801 | 14,854 | 15,144 | 13,041 | 8,067 | 1,132 | 1,132 | |
640/8 |
1,757 | 881 | 2,892 | 2,813 | 2,623 | 2,571 | 2,595 | 2,468 | 1,492 | 9,899 | 2,702 | 1,630 | 963 | 460 | 493 | 888 | |
66A |
- | - | 46 | - | - | - | - | - | - | - | 3,979 | - | - | - | - | - | |
9901 |
24,134 | 262,087 | 575,068 | 116,915 | 66,401 | 63,278 | 37,278 | 169,320 | 22,367 | 25,583 | 22,251 | 22,153 | 60,475 | 66,695 | 20,465 | 29,159 | |
75/76B |
13,215 | 18,210 | 942 | - | - | - | 300 | 0 | 15 | 83 | 15,146 | 13,305 | 246 | 577 | 530 | 440 | |
75 |
13,215 | 18,210 | 942 | - | - | - | 300 | 0 | 15 | 83 | 15,146 | 13,305 | 246 | 577 | 530 | 440 | |
65/66B |
782 | 933 | 5,387 | 4,238 | 4,651 | 5,071 | 5,467 | 5,965 | 6,555 | 11,496 | 11,945 | 12,718 | 7,949 | 6,839 | 119 | 91 | |
65 |
782 | 933 | 5,387 | 4,238 | 4,651 | 5,071 | 5,467 | 5,965 | 6,555 | 11,496 | 11,945 | 12,718 | 7,949 | 6,839 | 119 | 91 | |
9903 |
36,567 | 279,363 | 570,623 | 112,678 | 61,750 | 58,207 | 32,111 | 163,355 | 15,826 | 14,170 | 21,472 | 22,740 | 52,772 | 60,433 | 20,877 | 29,507 | |
67/77 |
10,599 | 84,976 | 176,361 | 31,869 | 17,043 | 16,267 | 9,632 | 51,549 | 508 | 811 | 22,576 | 15,000 | 24,129 | 927 | 8,000 | 8,000 | |
9904 |
25,968 | 194,387 | 394,262 | 80,808 | 44,707 | 41,940 | 22,479 | 111,806 | 15,319 | 13,359 | -1,105 | 7,740 | 28,644 | 59,506 | 12,877 | 21,507 | |
9905 |
25,968 | 194,387 | 394,262 | 80,808 | 44,707 | 41,940 | 22,479 | 111,806 | 15,319 | 13,359 | -1,105 | 7,740 | 28,644 | 59,506 | 12,877 | 21,507 | |
| Appropriation of the result | |||||||||||||||||
9906 |
25,968 | 302,048 | 501,924 | 188,470 | 152,369 | 149,602 | 130,141 | 219,468 | 122,980 | 121,020 | 107,662 | 108,766 | 101,026 | 72,383 | 32,524 | 21,507 | |
14P |
- | 107,662 | 107,662 | 107,662 | 107,662 | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
86,647 | 43,986 | 108,634 | 28,677 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
25,968 | 194,387 | 394,262 | 80,808 | 44,707 | 41,940 | 22,479 | 111,806 | 15,319 | 13,359 | - | - | - | - | 19,647 | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
25,968 | 194,387 | 394,262 | 80,808 | 44,707 | 41,940 | 22,479 | 111,806 | 15,319 | 13,359 | - | - | - | - | 19,647 | - | |
694/7 |
86,647 | 151,648 | 108,634 | 28,677 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
86,647 | 151,648 | 108,634 | 28,677 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 6 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 26-06-2026.
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 | micro format | 26-06-2026 | 2026-00203886 | |
| 31-12-2024 | micro format | 20-06-2025 | 2025-00157731 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00162539 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00167090 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20100045 | |
| 31-12-2020 | micro format | 24-06-2021 | 2021-25900050 | |
| 31-12-2019 | micro format | 24-06-2020 | 2020-19600586 | |
| 31-12-2018 | micro format | 27-06-2019 | 2019-23000526 | |
| 31-12-2017 | micro format | 25-06-2018 | 2018-22200536 | |
| 31-12-2016 | micro format | 22-06-2017 | 2017-19500148 | |
| 31-12-2015 | abbreviated format | 11-07-2016 | 2016-29700231 | |
| 31-12-2014 | abbreviated format | 13-06-2015 | 2015-16900280 | |
| 31-12-2013 | abbreviated format | 30-06-2014 | 2014-22900128 | |
| 31-12-2012 | abbreviated format | 23-06-2013 | 2013-19400387 | |
| 31-12-2011 | abbreviated format | 19-05-2012 | 2012-11800102 | |
| 31-12-2010 | abbreviated format | 18-06-2011 | 2011-17400258 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42,998 | 280,950 | 589,933 | 142,938 | 92,375 | 91,051 | 65,553 | 190,540 | 45,183 | 41,383 | 37,105 | 37,296 | 73,515 | 74,762 | 21,598 | 30,291 | ||
| 44,832 | 213,251 | 409,127 | 106,831 | 70,680 | 69,713 | 50,754 | 133,026 | 38,135 | 29,159 | 13,749 | 22,884 | 41,684 | 67,572 | 14,010 | 22,639 | ||
| 0 | 0 | 93,112 | 0 | 1,207 | 9,680 | 44,890 | 12,435 | 26,079 | 5,259 | -10,534 | 70,442 | 176,675 | 227,335 | 0 | 8,979 | ||
| 22,170 | 7,421 | -179,386 | 94,276 | 47,808 | 59,087 | -100,477 | 124,505 | -7,064 | -5,566 | -12,179 | -72,688 | 8,774 | 69,072 | 9,183 | - | ||
| 653,382 | 706,390 | 672,447 | 188,516 | 121,612 | 63,388 | 14,605 | 23,163 | -85,978 | -88,484 | -98,134 | -114,132 | -55,323 | 90,883 | 46,270 | 32,261 | ||
| 93.9% | 74.4% | 78.3% | 75.0% | 74.2% | 70.0% | 65.9% | 52.6% | 39.6% | 36.4% | 32.5% | 28.2% | 27.7% | 33.5% | 92.5% | 95.7% | ||
| 16.56 | 3.88 | 4.77 | 4.41 | 4.71 | 2.85 | 1.46 | 1.19 | 0.28 | 0.28 | 0.26 | 0.42 | 0.69 | 5.78 | 11.82 | 18.72 | ||
| 0.06 | 0.34 | 0.28 | 0.33 | 0.35 | 0.43 | 0.52 | 0.90 | 1.53 | 1.75 | 2.07 | 2.55 | 2.62 | 1.99 | 0.08 | 0.05 | ||
| 3.7% | 25.7% | 53.9% | 18.1% | 11.3% | 12.0% | 7.3% | 38.8% | 8.7% | 8.3% | -0.7% | 5.2% | 20.3% | 52.9% | 24.3% | 53.6% | ||
| 3.5% | 19.1% | 42.2% | 13.6% | 8.4% | 8.4% | 4.8% | 20.4% | 3.4% | 3.0% | -0.2% | 1.5% | 5.6% | 17.7% | 22.5% | 51.3% | ||
| 54.99 | over 100 | over 100 | 33.73 | 19.86 | - | - | - | - | - | - | - | - | - | - | - |
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.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | - | €225,000 | €225,000 |
| Carrying value of the mortgaged assets | - | - | - | €344,302 | €369,586 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €93,112 | - | €1,207 |
| €18,864 | €18,864 | €14,865 | €26,023 | €25,973 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VANDERBAUT
The operating result for 2025 is 91% lower than in 2024 and the lowest since 2017. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 25.6% to 6.1%. Equity and debt are lower.
- 2024 Net result -51% on 2023. The 2023 profit included a one-off income of €361,524.
- 2023 Net result +388% on 2022. The 2023 profit included a one-off income of €361,524.