VANWAR
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadline€137,961
▲ €139,243
€109,697
▲ €111,492
€81,919
▲ €83,864
€93,181
▲ 727%
66.4%
▼ 32.5 percentage points
2.77
▼ 42.82
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €340,000. Estimated: probably between €230,000 and €530,000.
Balance sheet
balance sheet total €156,167 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
66.4%
Higher than 65% of 229 companies in 2025.
2.77
Higher than 61% of 221 companies in 2025.
52.5%
Higher than 95% of 225 companies in 2025.
VANWAR
Middle half of the sector
80% of the sector
Micro accounts in electricity, gas and steam (NACE 35)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
156,167 | 22,000 | 23,808 | 28,634 | 31,102 | 47,580 | 35,364 | 36,396 | 30,429 | 11,742 | 12,886 | 16,277 | 21,069 | 24,452 | |
20 |
- | - | - | - | - | - | - | - | - | 145 | 412 | 680 | 947 | 1,214 | |
21/28 |
10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,898 | 11,165 | 11,433 | 11,700 | |
22/27 |
10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | |
22 |
10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | 10,486 | |
29/58 |
145,681 | 11,515 | 13,322 | 18,148 | 20,616 | 37,095 | 24,879 | 25,910 | 19,944 | 1,111 | 1,988 | 5,112 | 9,636 | 12,751 | |
40/41 |
140,005 | 248 | 13,192 | 15,722 | 15,170 | 17,055 | 16,889 | 25,910 | 15,848 | 1 | 52 | 261 | 72 | 596 | |
40 |
140,000 | - | - | - | 0 | 17,005 | 16,839 | 23,472 | 15,748 | - | - | - | - | - | |
41 |
5 | 248 | 13,192 | 15,722 | 15,170 | 50 | 50 | 2,438 | 100 | 1 | 52 | 261 | 72 | 596 | |
54/58 |
5,676 | 11,266 | 131 | 2,426 | 5,446 | 20,040 | 7,990 | - | 4,096 | 1,111 | 1,855 | 4,851 | 9,564 | 12,156 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | 81 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
156,167 | 22,000 | 23,808 | 28,634 | 31,102 | 47,580 | 35,364 | 36,396 | 30,429 | 11,742 | 12,886 | 16,277 | 21,069 | 24,452 | |
10/15 |
103,667 | 21,748 | 23,693 | 27,440 | 29,274 | 24,535 | 18,440 | 14,007 | 9,107 | 8,736 | 12,441 | 16,215 | 21,069 | 24,452 | |
10/11 |
24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | |
100 |
- | - | - | - | - | - | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | |
13 |
2,108 | 2,108 | 2,108 | 3,440 | 5,274 | 2,486 | 2,486 | 2,486 | 2,486 | 2,486 | 2,486 | 2,486 | 2,486 | 2,486 | |
130/1 |
- | - | 0 | 337 | 337 | 337 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 337 | 337 | 337 | 337 | 337 | 337 | 337 | 337 | |
1311 |
- | - | 0 | 337 | 337 | 337 | - | - | - | - | - | - | - | - | |
132 |
2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | 2,108 | |
133 |
- | - | 0 | 995 | 2,830 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | |
14 |
77,559 | -4,360 | -2,415 | - | 0 | -1,950 | -8,046 | -12,479 | -17,379 | -17,750 | -14,045 | -10,271 | -5,417 | -2,034 | |
17/49 |
52,500 | 253 | 115 | 1,194 | 1,827 | 23,045 | 16,925 | 22,389 | 21,322 | 3,007 | 446 | 63 | - | - | |
42/48 |
52,500 | 253 | 115 | 1,194 | 1,827 | 23,045 | 16,925 | 22,389 | 21,322 | 3,007 | 446 | 63 | - | - | |
43 |
- | - | - | - | - | - | - | 1,593 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 1,593 | - | - | - | - | - | - | |
44 |
0 | 253 | 115 | 185 | 818 | 889 | 551 | 104 | 821 | - | 446 | 63 | - | - | |
440/4 |
0 | 253 | 115 | 185 | 818 | 889 | 551 | 104 | 821 | - | 446 | 63 | - | - | |
45 |
27,500 | - | 0 | 1,009 | 1,009 | 11,296 | 5,737 | 10,274 | 10,297 | - | - | - | - | - | |
450/3 |
27,500 | - | 0 | 1,009 | 1,009 | 9,681 | 4,088 | 5,209 | 4,533 | - | - | - | - | - | |
454/9 |
- | - | - | - | 0 | 1,614 | 1,648 | 5,065 | 5,765 | - | - | - | - | - | |
47/48 |
25,000 | - | - | - | 0 | 10,860 | 10,636 | 10,418 | 10,203 | 3,007 | - | - | - | - | |
| Income statement | |||||||||||||||
9900 |
137,961 | -1,282 | -3,895 | -1,874 | 86,031 | 96,757 | 93,040 | 91,174 | 88,451 | -2,867 | - | - | - | - | |
60/66A |
- | - | - | - | - | - | - | - | - | - | 3,749 | 4,832 | 3,358 | 2,021 | |
61 |
- | - | - | - | - | - | - | - | - | - | 2,951 | 4,035 | 2,644 | 1,501 | |
62 |
- | - | - | 0 | 80,100 | 89,830 | 87,793 | 85,475 | 87,165 | - | - | - | - | - | |
630 |
- | - | - | - | - | - | - | - | 145 | 267 | 267 | 267 | 267 | 122 | |
640/8 |
28,264 | 513 | 115 | 112 | 111 | 557 | 541 | 537 | 534 | 532 | 531 | 529 | 447 | 398 | |
9901 |
109,697 | -1,795 | -4,010 | -1,986 | 5,820 | 6,371 | 4,707 | 5,162 | 607 | -3,667 | -3,749 | -4,832 | -3,358 | -2,021 | |
75/76B |
- | 0 | 413 | 301 | 52 | - | - | - | - | - | 6 | 9 | 7 | - | |
75 |
- | 0 | 413 | 301 | 52 | - | - | - | - | - | 6 | 9 | 7 | - | |
751 |
- | - | - | - | - | - | - | - | - | - | 6 | 9 | 7 | - | |
65/66B |
278 | 150 | 150 | 150 | 123 | 275 | 274 | 262 | 235 | 39 | 30 | 32 | 32 | 13 | |
65 |
278 | 150 | 150 | 150 | 123 | 275 | 274 | 262 | 235 | 39 | 30 | 32 | 32 | 13 | |
652/9 |
- | - | - | - | - | - | - | - | - | - | 30 | 32 | 32 | 13 | |
9903 |
109,419 | -1,945 | -3,747 | -1,835 | 5,748 | 6,096 | 4,433 | 4,900 | 372 | -3,705 | -3,774 | -4,855 | -3,383 | -2,034 | |
67/77 |
27,500 | - | - | 0 | 1,009 | - | - | - | - | - | - | - | - | - | |
9904 |
81,919 | -1,945 | -3,747 | -1,835 | 4,739 | 6,096 | 4,433 | 4,900 | 372 | -3,705 | -3,774 | -4,855 | -3,383 | -2,034 | |
9905 |
81,919 | -1,945 | -3,747 | -1,835 | 4,739 | 6,096 | 4,433 | 4,900 | 372 | -3,705 | -3,774 | -4,855 | -3,383 | -2,034 | |
| Appropriation of the result | |||||||||||||||
9906 |
77,559 | -4,360 | -3,747 | -1,835 | 2,789 | -1,950 | -8,046 | -12,479 | -17,379 | -17,750 | -14,045 | -10,271 | -5,417 | -2,034 | |
14P |
-4,360 | -2,415 | - | 0 | -1,950 | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 0 | 1,332 | 1,835 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 0 | 2,789 | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | 0 | 2,789 | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
- | - | - | - | 0.8 | 1 | 1 | 1 | 1 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | 1,325 | 1,701 | 1,717 | 1,718 | 1,749 | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 4 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 10-07-2026.
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 | 10-07-2026 | 2026-00286940 | |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00423279 | |
| 31-12-2023 | abbreviated format | 15-07-2024 | 2024-00269565 | |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00258755 | |
| 31-12-2021 | abbreviated format | 27-06-2022 | 2022-20103261 | |
| 31-12-2020 | abbreviated format | 22-06-2021 | 2021-23100444 | |
| 31-12-2019 | abbreviated format | 08-07-2020 | 2020-27500499 | |
| 31-12-2018 | abbreviated format | 18-06-2019 | 2019-19600222 | |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-35800078 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-34400179 | |
| 31-12-2015 | full format | 20-07-2016 | 2016-34400544 | |
| 31-12-2014 | full format | 16-07-2015 | 2015-32300579 | |
| 31-12-2013 | full format | 29-07-2014 | 2014-35800408 | |
| 31-12-2012 | full format | 17-07-2013 | 2013-31700498 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | 752 | -3,399 | -3,482 | -4,564 | -3,091 | -1,899 | ||
| - | - | - | - | - | - | - | - | 517 | -3,438 | -3,506 | -4,587 | -3,115 | -1,912 | ||
| - | - | - | - | - | - | - | - | 145 | -145 | 0 | 0 | 0 | 10,486 | ||
| -5,590 | 11,136 | -2,295 | -3,020 | -14,594 | 12,050 | - | - | 2,985 | -744 | -2,996 | -4,713 | -2,592 | - | ||
| 93,181 | 11,262 | 13,207 | 16,954 | 18,789 | 14,050 | 7,954 | 3,521 | -1,379 | -1,895 | 1,543 | 5,049 | - | - | ||
| 66.4% | 98.9% | 99.5% | 95.8% | 94.1% | 51.6% | 52.1% | 38.5% | 29.9% | 74.4% | 96.5% | 99.6% | 100.0% | 100.0% | ||
| 2.77 | 45.60 | - | 15.20 | 11.28 | 1.61 | 1.47 | 1.16 | 0.94 | 0.37 | 4.46 | 81.40 | - | - | ||
| 0.51 | 0.01 | 0.00 | 0.04 | 0.06 | 0.94 | 0.92 | 1.60 | 2.34 | 0.34 | 0.04 | 0.00 | - | - | ||
| 79.0% | -8.9% | -15.8% | -6.7% | 16.2% | 24.8% | 24.0% | 35.0% | 4.1% | -42.4% | -30.3% | -29.9% | -16.1% | -8.3% | ||
| 52.5% | -8.8% | -15.7% | -6.4% | 15.2% | 12.8% | 12.5% | 13.5% | 1.2% | -31.6% | -29.3% | -29.8% | -16.1% | -8.3% | ||
| - | - | - | - | - | - | - | - | - | - | 55 days | 6 days | - | - |
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.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| 0.8 | |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Insights on VANWAR
The operating result for 2025 is a profit of €109,697, after a loss of €1,795 in 2024. It is the highest result since 2012.
Debt's share of the balance-sheet total rises from 1.1% to 33.6%. Equity and debt are higher.