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VB-TEC

Active Private limited companyfounded 2019active for 7 yearsBrugsesteenweg 81, 8740 PittemKBO/BCE: BE 0730.762.663 #9 company by total assets in Pittem, Construction sector
VB-TEC
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 25-07-2026, 6 days before the deadline
€441,747
▲ 29.9%
€145,364
▼ 14.7%
€76,735
▼ 36.0%
€154,370
▲ 46.9%
18.4%
▲ 2.5 percentage points
1.13
▲ 0.03

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

Turnover ≈ €970,000. Estimated: probably between €840,000 and €1.2m.

In the rankings #9 company by total assets in Pittem, Construction sector

Balance sheet

balance sheet total €2.0m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

18.4%

Higher than 19% of 9,967 companies in 2025.

1.13

Higher than 25% of 9,830 companies in 2025.

3.8%

Higher than 43% of 9,899 companies in 2025.

VB-TEC Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

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

Staff

€69,386

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 3 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 2.0m1.9m1.5m809,539350,744274,852
21/28 664,349698,897705,862120,30470,254-
21 2,6905,3878,085---
22/27 620,659652,510657,77880,30430,254-
22 490,166509,851529,535---
23 25,63623,6016,674---
24 69,52567,22753,23727,12630,254-
25 35,33151,83168,33153,178--
28 41,00041,00040,00040,00040,000-
29/58 1.4m1.2m816,446689,235280,490274,852
3 434,188310,58387,64083,27212,1507,859
30/36 434,188310,58387,64083,27212,1507,859
40/41 882,517721,099540,842509,250162,97068,692
40 835,817622,979527,090479,704145,47665,641
41 46,70098,12113,75229,54617,4943,051
54/58 31,775111,919181,09892,901104,501198,101
490/1 7,4039,6796,8673,812868199
Balance sheet: equity and liabilities
10/49 2.0m1.9m1.5m809,539350,744274,852
10/15 371,773295,038300,078193,631101,26273,085
10/11 10,00010,00010,00010,00010,00010,000
14 361,773285,038290,078183,63191,26263,085
16 -08,463---
160/5 -08,463---
164/5 -08,463---
17/49 1.6m1.6m1.2m615,908249,481201,767
17 440,714502,327522,29051,43519,501-
170/4 440,714502,327522,29051,43519,501-
42/48 1.2m1.0m689,508564,473229,980201,767
42 68,57369,44757,78212,4865,305-
43 319,000312,333118,333100,000--
430/8 319,000312,333118,333100,000--
44 263,337304,713199,013111,150173,09085,586
440/4 263,337304,713199,013111,150173,09085,586
46 214,53404,200156,791--
45 51,26812,94226,73233,61511,48316,180
450/3 11,4496,61323,02326,7155,80516,180
454/9 39,8196,3293,7096,9005,678-
47/48 284,802348,748283,448150,43040,103100,000
492/3 6,2326,6291,971---
Income statement
76A 011,064----
9900 441,747340,127430,390291,31697,722180,053
62 215,09588,22852,92356,57519,455-
630 71,11161,39672,9167,9502,952-
631/4 530-01,911--
635/8 0-8,4638,463---
640/8 9,64716,9929,9281,250983507
66A 011,496----
9901 145,364170,477286,160223,62974,331179,546
75/76B 1,5708,5163,7991,589266-
75 1,5708,5163,7991,589266-
65/66B 40,21442,62624,3022,9641,451281
65 40,21442,62624,3022,9641,451281
9903 106,720136,367265,657222,25573,146179,265
67/77 29,98516,40626,31119,8864,96916,180
9904 76,735119,961239,346202,36968,177163,085
9905 76,735119,961239,346202,36968,177163,085
Appropriation of the result
9906 361,773410,038422,978293,631131,262163,085
14P 285,038290,078183,63191,26263,085-
694/7 0125,000132,900110,00040,000100,000
694 020,000----
695 080,000120,000110,00040,000100,000
697 025,00012,900---
Social balance sheet
9087 3.11.41.10.90.4-
Hours worked1013 5,3142,5651,8721,644567-
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 26 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 25-07-2026.

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
31-12-2025 abbreviated format 25-07-2026 2026-00357447 PDF
31-12-2024 abbreviated format 29-08-2025 2025-00482280 PDF
31-12-2023 abbreviated format 19-07-2024 2024-00293593 PDF
31-12-2022 abbreviated format 26-06-2023 2023-00164415 PDF
31-12-2021 abbreviated format 23-09-2022 2022-20435733 PDF
31-12-2020 abbreviated format 30-07-2021 2021-46000161 PDF

Subsidies and aid

Flemish government 2022 to 2025, 2 entries, €795 awarded, €510 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€795
Year Entries AwardedPaid
2025 1 €285€0
2022 1 €510€510

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
216,476231,873359,077231,57977,283-
147,846181,357312,262210,31971,130-
36,56386,111658,47558,00073,206-
-80,143-69,17988,197-11,600-93,601-
154,370105,097126,938124,76250,50973,085
18.4%15.9%19.7%23.9%28.9%26.6%
1.131.101.181.221.221.36
0.770.801.061.071.171.32
4.435.284.043.182.462.76
20.6%40.7%79.8%104.5%67.3%223.1%
3.8%6.5%15.7%25.0%19.4%59.3%
5.385.4414.7878.1453.25-

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

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date322-1
full-time322-1
part-time000--
in full-time equivalents322-1
3.11.41.10.90.4
On a permanent contract322-1
Joined31201
Left21010

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€406,861€439,194€471,528--
Mortgages, amount registered€55,000€55,000€27,500--
€702,900€702,900€506,000--
Carrying value of the mortgaged assets€773,933€729,342€529,535--
€110,000€110,000€110,000--
Carrying value of the other pledged assets--€0--

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€36,563€85,111€650,383€58,000€33,206
Intangible fixed assets--€8,092--
Financial fixed assets-€1,000--€40,000
€71,111€61,396€72,916€7,950€2,952

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Public contracts

1 award · 2025
Leveren, installeren tot indienstname van een photovoltaïsche installatie
buyer: MKL vzwPetroleum products, fuel and electricityawarded 06-02-2025€193,9123 tendersTED 92993-2025

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on VB-TEC

The operating result for 2025 is 15% 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 falls from 84.1% to 81.6%. Equity and debt are higher.

Next steps

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