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VAST Projects

Active Private limited companyfounded 2017active for 9 yearsWaterstraat 118, 3300 TienenKBO/BCE: BE 0676.972.205
VAST Projects
Financial year 2025
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Annual accounts 2025

micro format, filed on 31-10-2025, on the day of the deadline
€63,468
▲ 4.5%
€20,677
▼ 19.5%
€7,217
▼ 55.6%
-€9,737
▲ €47,680
25.9%
▼ 0.8 percentage points
0.93
▲ 0.60

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €250,000. Estimated: probably between €150,000 and €390,000.

Balance sheet

balance sheet total €348,902 on 31-03-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

25.9%

Higher than 28% of 35,136 companies in 2025.

0.93

Higher than 18% of 34,510 companies in 2025.

2.1%

Higher than 33% of 34,711 companies in 2025.

VAST Projects Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 348,902284,101120,04761,05628,95429,67620,851
21/28 228,669255,90579,52423,9687,72011,4846,238
21 186,034196,091-----
22/27 42,63559,81479,52423,9687,72011,4846,238
23 17,3916,01923,56123,8036,5659,3403,104
24 25,24448,97546,3211651,1552,1443,134
25 -4,8219,642----
29/58 120,23328,19540,52337,08821,23418,19114,613
3 64,022------
30/36 64,022------
40/41 52,39425,46728,32427,04018,91018,18612,748
40 31,847-22,00012,00012,000110-
41 20,54725,4676,32415,0406,91018,07612,748
54/58 2,6542,72912,19910,0482,32461,865
490/1 1,164------
Balance sheet: equity and liabilities
10/49 348,902284,101120,04761,05628,95429,67620,851
10/15 90,49975,88259,63941,31624,67118,04914,314
10/11 18,60011,20011,20011,20011,2006,2006,200
100 -----18,60018,600
101 -----12,40012,400
13 55,25348,03631,79313,47113,47111,8498,114
130/1 1,8601,8601,8601,8601,860--
130 -----1,8601,860
1311 1,8601,8601,8601,8601,860--
133 53,39346,17629,93311,61111,6119,9896,254
14 16,64616,64616,64616,646---
17/49 258,403208,21960,40819,7394,28311,6266,538
17 128,433122,606----572
170/4 128,433122,606----572
42/48 129,97085,61358,54517,8772,42111,6265,966
42 7,02513,650---5642,484
44 9,39328,20023,023-2709,579218
440/4 9,39328,20023,023-2709,579218
45 9,19128,05420,89717,8772,1511,4833,263
450/3 9,1915,05412,8976,9652,1511,4833,263
454/9 -23,0008,00010,912---
47/48 104,36215,70914,625----
492/3 --1,8621,8621,862--
Income statement
9900 63,46860,75750,60629,0257,0707,36315,198
630 42,53734,73922,3847,7224,6342,0853,612
640/8 254331242-161-78
9901 20,67725,68627,98021,3042,2755,27811,508
75/76B 2-20827144-0
75 2-20827144-0
65/66B 10,1991,43843512013059131
65 10,1991,43843512013059131
9903 10,48124,24927,75321,2112,2895,21911,377
67/77 3,2648,0069,4304,5656671,4833,263
9904 7,21716,24318,32316,6461,6213,7368,114
9905 7,21716,24318,32316,6461,6213,7368,114
Appropriation of the result
9906 23,86332,88834,96816,6461,6213,7368,114
14P 16,64616,64616,646----
691/2 7,21716,24318,323-1,6213,7368,114
6920 ------1,860
6921 7,21716,24318,323-1,6213,7366,254
Document PDFPDFPDFPDFPDFPDFPDF

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 filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 31-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2025 micro format 31-10-2025 2025-00556022 PDF
31-03-2024 micro format 27-11-2024 2024-00607961 PDF
31-03-2023 micro format 19-12-2023 2023-00538563 PDF
31-03-2022 micro format 02-11-2022 2022-20485773 PDF
31-03-2021 micro format 07-12-2021 2021-79500491 PDF
31-03-2020 micro format 25-11-2020 2020-71900082 PDF
31-03-2019 micro format 31-10-2019 2019-72400546 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
63,21460,42650,36429,0256,9097,36315,120
49,75450,98240,70624,3676,2565,82011,725
15,300206,66177,94023,9708707,3319,850
-75-9,4702,1517,7242,318-1,859-
-9,737-57,417-18,02219,21118,8136,5658,647
25.9%26.7%49.7%67.7%85.2%60.8%68.6%
0.930.330.692.078.771.562.45
0.430.330.692.078.771.562.45
2.862.741.010.480.170.640.46
8.0%21.4%30.7%40.3%6.6%20.7%56.7%
2.1%5.7%15.3%27.3%5.6%12.6%38.9%
6.2042.03over 100over 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
Item31-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets€15,300€6,695€77,940€23,970
Intangible fixed assets-€199,966--
€42,537€34,739€22,384€7,722

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on VAST Projects

The operating result for 2025 is 20% lower than in 2024 and the lowest since 2021. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 73.3% to 74.1%. Equity and debt are higher.

Next steps

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