VANEPI (0890.499.095): financials and annual accounts

VANEPI

Brussels ·KBO/BCE: BE 0890.499.095

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
Total assets`20/58`	17,330	8,094	13,394	24,191	28,293	35,042	30,705	31,657	30,360	37,938	67,134	28,785	68,091	100,692	96,270	91,432	82,798	113,081
Fixed assets`21/28`	-	80	555	1,233	2,902	4,656	3,526	877	11,207	22,191	31,780	3,576	6,975	13,685	13,775	10,905	1,700	2,817
Tangible fixed assets`22/27`	-	80	555	1,233	2,902	4,656	3,526	877	11,207	22,191	31,780	3,576	6,975	13,685	13,775	10,905	1,700	2,817
Furniture and vehicles`24`	-	80	555	1,233	2,902	4,656	3,526	877	11,207	22,191	31,780	3,576	6,281	12,297	11,693	10,905	1,700	2,817
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	694	1,388	2,082	-	-	-
Current assets`29/58`	17,330	8,014	12,839	22,958	25,391	30,386	27,179	30,780	19,153	15,747	35,354	25,209	61,116	87,007	82,495	80,527	81,098	110,264
Amounts receivable within one year`40/41`	366	580	3,729	7,409	3,000	4,172	3,358	12,225	4,779	-	6,380	19,171	56,628	77,589	68,740	63,625	68,937	94,615
Trade receivables`40`	-	-	3,000	7,409	3,000	3,630	2,816	12,225	3,449	-	4,525	-	3,315	8,237	3,128	3,049	-	2,783
Other amounts receivable`41`	366	580	729	-	-	542	542	-	1,330	-	1,855	19,171	53,313	69,352	65,612	60,576	68,937	91,832
Cash at bank and in hand`54/58`	16,748	7,309	8,696	15,166	22,033	25,652	23,380	18,034	13,434	14,617	28,119	5,169	3,363	8,754	12,556	16,232	7,311	14,516
Deferred charges and accrued income`490/1`	216	125	414	383	358	562	441	521	940	1,130	855	869	1,125	664	1,199	670	4,850	1,133
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	17,330	8,094	13,394	24,191	28,293	35,042	30,705	31,657	30,360	37,938	67,134	28,785	68,091	100,692	96,270	91,432	82,798	113,081
Equity`10/15`	1,400	-5,847	-585	282	11,819	17,486	10,282	7,084	7,445	11,150	23,541	16,819	12,384	18,596	17,104	18,216	15,866	12,599
Contributions`10/11`	8,060	8,060	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Reserves`13`	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-6,660	-13,907	-8,645	-7,778	3,759	9,426	2,222	-976	-615	3,090	15,481	8,759	4,324	10,536	9,044	10,156	7,806	4,539
Amounts payable`17/49`	15,930	13,941	13,979	23,909	16,474	17,556	20,423	24,573	22,916	26,788	43,593	11,966	55,707	82,096	79,166	73,216	66,932	100,482
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	7,611	15,148	30,000	-	-	4,470	5,316	6,874	-	-
Financial debts`170/4`	-	-	-	-	-	-	-	-	7,611	15,148	30,000	-	-	4,470	5,316	6,874	-	-
Amounts payable within one year`42/48`	15,930	13,941	13,979	23,909	16,474	17,556	20,423	24,573	15,305	10,575	13,573	11,966	55,707	77,626	73,456	66,342	66,932	100,482
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	7,611	7,536	7,462	5,035	8,685	23,254	20,690	14,284	17,745	-	-
Trade debts`44`	2,816	1,907	2,258	7,996	1,300	1,749	2,301	2,834	2,972	1,698	3,126	1,413	1,667	1,154	101	1,948	1,610	1,504
Suppliers`440/4`	2,816	1,907	2,258	4,996	1,300	1,749	2,301	2,834	2,972	1,698	3,126	1,413	1,667	1,154	101	1,948	1,610	1,504
Bills of exchange payable`441`	-	-	-	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	2,511	671	555	1,238	2,113	3,832	7,262	12,228	459	1,228	1,231	1,868	8,286	11,782	12,404	11,649	15,322	9,853
Taxes`450/3`	2,511	671	555	1,238	2,113	3,832	7,262	12,228	459	1,228	1,231	1,868	8,286	11,782	12,404	11,649	15,322	9,853
Other amounts payable`47/48`	10,603	11,363	11,166	14,675	13,061	11,975	10,860	1,900	4,338	187	4,181	-	22,500	44,000	46,667	35,000	50,000	89,125
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	1,065	20	-	-	-	394	-	-	-
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	67,131	-	-	-	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,420	-	135	-	-
Gross operating margin`9900`	8,915	-3,346	385	-8,441	-2,626	15,741	7,926	14,703	10,562	2,901	25,793	12,070	42,140	86,073	75,899	70,257	77,258	144,583
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	44,702	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	-	-	-	-	-	3,178	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	80	475	678	1,669	1,753	1,907	1,442	11,292	11,170	12,874	11,765	3,398	6,924	7,217	6,274	5,085	1,427	2,887
Other operating charges`640/8`	1,204	1,049	1,568	1,089	1,184	1,559	1,758	1,304	2,322	2,216	1,820	1,455	765	1,384	2,366	3,339	1,892	2,148
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,679	-	-	-	-
Operating profit (loss)`9901`	7,631	-4,870	-1,861	-11,199	-5,563	12,275	4,726	2,107	-2,930	-12,189	12,208	7,217	34,451	74,294	67,259	61,833	73,939	139,548
Financial income`75/76B`	-	-	-	60	16	24	12	10	12	24	4	2,656	4,949	6,139	5,181	6,390	8,119	7,216
Recurring financial income`75`	-	-	-	60	16	24	12	10	12	24	4	2,656	4,949	6,139	5,181	6,390	8,119	7,216
Financial charges`65/66B`	131	237	104	65	105	155	214	269	329	372	565	468	1,109	975	952	1,096	215	205
Recurring financial charges`65`	131	237	104	65	105	155	214	269	329	372	565	468	1,109	975	952	1,096	215	205
Profit (loss) for the period before taxes`9903`	7,500	-5,107	-1,965	-11,204	-5,652	12,144	4,524	1,848	-3,246	-12,537	11,647	9,405	38,291	75,199	71,488	67,262	81,843	146,559
Income taxes`67/77`	253	156	352	333	490	4,140	1,326	2,209	459	-146	4,925	4,970	14,503	29,707	25,934	22,147	28,575	51,035
Profit (loss) for the period`9904`	7,247	-5,263	-2,317	-11,537	-6,142	8,004	3,198	-361	-3,706	-12,391	6,722	4,435	23,788	45,492	45,554	45,115	53,268	95,524
Profit (loss) for the period to be appropriated`9905`	7,247	-5,263	-2,317	-11,537	-6,142	8,004	3,198	-361	-3,706	-12,391	6,722	4,435	23,788	45,492	45,554	45,115	53,268	95,524
Appropriation of the result
Profit (loss) to be appropriated`9906`	-6,660	-13,907	-8,645	-7,778	3,759	10,226	2,222	-976	-615	3,090	15,481	8,759	34,324	54,536	55,710	52,921	57,806	95,524
Profit (loss) brought forward from the previous period`14P`	-13,907	-8,644	-6,328	3,759	9,901	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
To other reserves`6921`	-	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	-	-	800	-	-	-	-	-	-	30,000	44,000	46,666	42,765	50,000	89,125
Return on contributions (dividend)`694`	-	-	-	-	-	800	-	-	-	-	-	-	30,000	44,000	46,666	42,765	50,000	89,125
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	14-07-2026	2026-00289792	PDF
31-12-2024	micro format	28-05-2025	2025-00112749	PDF
31-12-2023	micro format	04-09-2024	2024-00446767	PDF
31-12-2022	micro format	04-08-2023	2023-00317170	PDF
31-12-2021	micro format	15-07-2022	2022-20192883	PDF
31-12-2020	full format	22-06-2021	2021-23100177	PDF
31-12-2019	full format	16-09-2020	2020-53600283	PDF
31-12-2018	full format	22-08-2019	2019-49300393	PDF
31-12-2017	micro format	02-07-2018	2018-27200098	PDF
31-12-2016	micro format	23-08-2017	2017-46700155	PDF
31-12-2015	full format	19-08-2016	2016-46200467	PDF
31-12-2014	full format	21-08-2015	2015-45800531	PDF
31-12-2013	full format	12-08-2014	2014-41400247	PDF
31-12-2012	full format	30-08-2013	2013-54300601	PDF
31-12-2011	full format	30-08-2012	2012-52400018	PDF
31-12-2010	full format	10-08-2011	2011-39500426	PDF
31-12-2009	full format	27-08-2010	2010-47100476	PDF
31-12-2008	full format	12-08-2009	2009-56800151	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
EBITDA	7,711	-4,395	-1,183	-9,530	-3,810	14,182	6,168	13,399	8,240	685	23,973	10,615	41,375	81,511	73,533	66,918	75,366	142,435
Cash flow	7,327	-4,788	-1,639	-9,868	-4,389	9,911	4,640	10,931	7,464	483	18,487	7,833	30,712	52,709	51,828	50,200	54,695	98,411
Investment in fixed assets (approximation)	0	0	0	0	-1	3,037	4,091	961	186	3,285	39,969	-1	214	11,386	9,144	14,290	310	4,804
Change in cash	9,439	-1,387	-6,470	-6,867	-3,619	2,272	5,346	4,600	-1,183	-13,502	22,950	1,806	-5,391	-3,802	-3,676	8,921	-7,205	-
Working capital	1,400	-5,927	-1,140	-951	8,917	12,830	6,756	6,207	3,848	5,172	21,781	13,243	5,409	9,381	9,039	14,185	14,166	9,782
EBIT margin	-	-	-	-	-	-	-	-	-	-	18.2%	-	-	-	-	-	-	-
Solvency	8.1%	-72.2%	-4.4%	1.2%	41.8%	49.9%	33.5%	22.4%	24.5%	29.4%	35.1%	58.4%	18.2%	18.5%	17.8%	19.9%	19.2%	11.1%
Current ratio	1.09	0.57	0.92	0.96	1.54	1.73	1.33	1.25	1.25	1.49	2.60	2.11	1.10	1.12	1.12	1.21	1.21	1.10
Debt to equity	11.38	-	-	-	1.39	1.00	1.99	3.47	3.08	2.40	1.85	0.71	4.50	4.41	4.63	4.02	4.22	7.98
ROE	517.6%	-	-	-	-52.0%	45.8%	31.1%	-5.1%	-49.8%	-111.1%	28.6%	26.4%	192.1%	244.6%	266.3%	247.7%	335.7%	758.2%
ROA	41.8%	-65.0%	-17.3%	-47.7%	-21.7%	22.8%	10.4%	-1.1%	-12.2%	-32.7%	10.0%	15.4%	34.9%	45.2%	47.3%	49.3%	64.3%	84.5%
Interest coverage	58.86	-18.54	-11.38	-146.62	-36.29	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	25 days	-	-	-	-	-	-	-
Supplier credit	-	-	-	-	-	-	-	-	-	-	26 days	-	-	-	-	-	-	-

VANEPI

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency8.1%

Current ratio1.09

Return on assets41.8%

Filed annual accounts

Filings

Key figures and ratios

Insights on VANEPI

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