VANE
Annual accounts 2025
micro format, filed on 09-04-2026, 113 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €63,966 on 31-12-2025in euro
in euro
Position in the sector
62.8%
Higher than 57% of 41,211 companies in 2025.
2.40
Higher than 55% of 39,782 companies in 2025.
-39.9%
Lower than 95% of 40,303 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
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 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
63,966 | 110,141 | 213,546 | 184,519 | 217,527 | 185,635 | 49,667 | 4,972 | |
21/28 |
6,725 | 5,975 | 4,163 | 3,127 | 4,670 | 1,795 | 2,802 | 1,498 | |
22/27 |
3,875 | 5,975 | 4,163 | 3,127 | 4,670 | 1,795 | 2,802 | 1,498 | |
24 |
3,875 | 5,975 | 4,163 | 3,127 | 4,670 | 1,795 | 2,802 | 1,498 | |
28 |
2,850 | - | - | - | - | - | - | - | |
29/58 |
57,241 | 104,166 | 209,383 | 181,392 | 212,856 | 183,840 | 46,865 | 3,473 | |
29 |
- | - | - | - | - | 20,000 | 20,000 | - | |
291 |
- | - | - | - | - | 20,000 | 20,000 | - | |
40/41 |
- | 25,506 | 74,077 | 78,298 | 44,151 | 23,869 | - | 442 | |
40 |
- | 7,560 | 69,556 | 62,235 | 37,789 | 9,232 | - | - | |
41 |
- | 17,946 | 4,521 | 16,063 | 6,362 | 14,636 | - | 442 | |
54/58 |
41,727 | 64,150 | 133,681 | 100,739 | 166,726 | 138,182 | 26,409 | 3,031 | |
490/1 |
15,514 | 14,510 | 1,625 | 2,356 | 1,980 | 1,789 | 456 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
63,966 | 110,141 | 213,546 | 184,519 | 217,527 | 185,635 | 49,667 | 4,972 | |
10/15 |
40,142 | 65,638 | 18,600 | 18,600 | 18,600 | 134,445 | 39,127 | 4,972 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | |
13 |
21,542 | 47,038 | - | - | - | 115,845 | 20,527 | - | |
133 |
21,542 | 47,038 | - | - | - | 115,845 | 20,527 | - | |
14 |
- | - | - | - | - | - | - | -1,228 | |
17/49 |
23,824 | 44,503 | 194,946 | 165,919 | 198,927 | 51,190 | 10,540 | - | |
42/48 |
23,824 | 44,503 | 194,946 | 160,613 | 197,537 | 51,190 | 10,540 | - | |
44 |
8,523 | 20,130 | 4,508 | 13,359 | 5,779 | 2,631 | 1,643 | - | |
440/4 |
8,523 | 20,130 | 4,508 | 13,359 | 5,779 | 2,631 | 1,643 | - | |
45 |
7,258 | 1,950 | 15,085 | 12,399 | 50,227 | 48,558 | 8,894 | - | |
450/3 |
7,258 | 1,950 | 15,085 | 12,399 | 50,227 | 48,558 | 8,894 | - | |
47/48 |
8,043 | 22,423 | 175,353 | 134,855 | 141,532 | - | 3 | - | |
492/3 |
- | - | - | 5,306 | 1,390 | - | - | - | |
| Income statement | |||||||||
9900 |
-23,308 | 62,734 | 213,092 | 173,877 | 169,754 | 124,962 | 32,640 | -942 | |
60/61 |
- | - | - | - | - | - | - | 942 | |
630 |
2,099 | 2,442 | 1,671 | 1,543 | 652 | 1,007 | 1,007 | 136 | |
640/8 |
- | 451 | 448 | 3,725 | 701 | 708 | 2,346 | 150 | |
9901 |
-25,407 | 59,841 | 210,973 | 168,609 | 168,401 | 123,247 | 29,287 | -1,228 | |
75/76B |
250 | - | 28 | - | 9,316 | 816 | 8 | - | |
75 |
- | - | 28 | - | 1,033 | 816 | 8 | - | |
76B |
250 | - | - | - | 8,282 | - | - | - | |
65/66B |
77 | 98 | 55 | 1,877 | 1,273 | 272 | 33 | - | |
65 |
77 | 98 | 55 | 1,877 | 864 | 272 | 33 | - | |
66B |
- | - | - | - | 409 | - | - | - | |
9903 |
-25,235 | 59,743 | 210,946 | 166,732 | 176,444 | 123,791 | 29,262 | -1,228 | |
67/77 |
260 | 12,706 | 48,960 | 38,683 | 40,138 | 28,472 | 7,507 | - | |
9904 |
-25,495 | 47,038 | 161,986 | 128,049 | 136,306 | 95,318 | 21,755 | -1,228 | |
9905 |
-25,495 | 47,038 | 161,986 | 128,049 | 136,306 | 95,318 | 21,755 | -1,228 | |
| Appropriation of the result | |||||||||
9906 |
-25,495 | 47,038 | 161,986 | 128,049 | 136,306 | 95,318 | 20,527 | -1,228 | |
791/2 |
25,495 | - | - | - | 115,845 | - | - | - | |
691/2 |
- | 47,038 | - | - | - | 95,318 | 20,527 | - | |
6921 |
- | 47,038 | - | - | - | 95,318 | 20,527 | - | |
694/7 |
- | - | 161,986 | 128,049 | 252,151 | - | - | - | |
694 |
- | - | 161,986 | 128,049 | 252,151 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 7 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 09-04-2026.
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 | 09-04-2026 | 2026-00075498 | |
| 31-12-2024 | micro format | 26-03-2025 | 2025-00054609 | |
| 31-12-2023 | micro format | 12-04-2024 | 2024-00061820 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00167639 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20130829 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-31900202 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-39500233 | |
| 31-12-2018 | abbreviated format | 03-06-2019 | 2019-15700467 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| -23,308 | 62,283 | 212,644 | 170,153 | 169,053 | 124,254 | 30,294 | -1,092 | ||
| -23,396 | 49,479 | 163,657 | 129,593 | 136,958 | 96,325 | 22,762 | -1,092 | ||
| 2,850 | 4,254 | 2,707 | 0 | 3,936 | 0 | 2,311 | 1,634 | ||
| -22,423 | -69,531 | 32,943 | -65,987 | 28,543 | 111,773 | 23,378 | - | ||
| 33,417 | 59,663 | 14,437 | 20,779 | 15,319 | 132,650 | 36,325 | - | ||
| 62.8% | 59.6% | 8.7% | 10.1% | 8.6% | 72.4% | 78.8% | - | ||
| 2.40 | 2.34 | 1.07 | 1.13 | 1.08 | 3.59 | 4.45 | - | ||
| 0.59 | 0.68 | 10.48 | 8.92 | 10.69 | 0.38 | 0.27 | - | ||
| -63.5% | 71.7% | 870.9% | 688.4% | 732.8% | 70.9% | 55.6% | - | ||
| -39.9% | 42.7% | 75.9% | 69.4% | 62.7% | 51.3% | 43.8% | - | ||
| -301.37 | over 100 | over 100 | 90.65 | over 100 | - | - | - |
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 | - | €4,254 | €2,707 | - | €3,936 |
| €2,099 | €2,442 | €1,671 | €1,543 | €652 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VANE
The operating result for 2025 is a loss of €25,407, after a profit of €59,841 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total falls from 40.4% to 37.2%. Equity and debt are lower.