VCA
Annual accounts 2025
micro format, filed on 24-07-2026, 7 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €140,000 and €210,000.
Balance sheet
balance sheet total €76,472 on 31-12-2025in euro
in euro
Position in the sector
78.6%
Higher than 89% of 5,753 companies in 2025.
3.33
Higher than 84% of 5,318 companies in 2025.
7.3%
Higher than 58% of 5,362 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff
€31,453
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 15 people joined and 14 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 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
76,472 | 74,231 | 92,144 | 103,463 | 102,586 | 81,673 | 101,754 | 67,221 | |
21/28 |
22,152 | 33,233 | 44,337 | 54,797 | 66,641 | 45,414 | 57,149 | 11,636 | |
22/27 |
13,996 | 25,076 | 36,181 | 46,640 | 58,484 | 37,258 | 48,993 | 3,480 | |
23 |
1,273 | 1,876 | 2,505 | 3,133 | 4,011 | 7,547 | 9,884 | 3,250 | |
24 |
5,032 | 11,663 | 18,294 | 24,280 | 31,400 | 2,792 | 3,345 | 230 | |
26 |
7,691 | 11,537 | 15,382 | 19,228 | 23,073 | 26,919 | 35,763 | - | |
28 |
8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | |
29/58 |
54,320 | 40,999 | 47,807 | 48,667 | 35,945 | 36,259 | 44,605 | 55,584 | |
3 |
5,406 | 8,937 | 8,208 | 8,624 | 11,037 | 6,948 | 5,247 | 2,649 | |
30/36 |
5,406 | 8,937 | 8,208 | 8,624 | 11,037 | 6,948 | 5,247 | 2,649 | |
40/41 |
3,492 | 1,595 | 586 | 1,081 | 3,522 | 6,052 | 2,578 | - | |
40 |
2,410 | 1,595 | 586 | 1,081 | 61 | 5,624 | 1,310 | - | |
41 |
1,082 | - | - | - | 3,461 | 428 | 1,268 | - | |
54/58 |
42,914 | 29,040 | 37,391 | 38,135 | 20,820 | 21,900 | 35,420 | 51,575 | |
490/1 |
2,509 | 1,427 | 1,621 | 827 | 566 | 1,359 | 1,359 | 1,359 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
76,472 | 74,231 | 92,144 | 103,463 | 102,586 | 81,673 | 101,754 | 67,221 | |
10/15 |
60,140 | 54,541 | 52,639 | 49,089 | 36,621 | 34,001 | 40,659 | 35,716 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 6,200 | 6,200 | 6,200 | |
13 |
41,540 | 35,941 | 34,039 | 30,489 | 24,221 | 21,601 | 28,259 | 23,316 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
41,540 | 35,941 | 32,179 | 28,629 | 22,361 | 19,741 | 26,399 | 21,456 | |
17/49 |
16,332 | 19,691 | 39,505 | 54,374 | 65,965 | 47,673 | 61,094 | 31,505 | |
17 |
- | - | 5,124 | 19,498 | 33,618 | 24,461 | - | - | |
170/4 |
- | - | 5,124 | 19,498 | 33,618 | 24,461 | - | - | |
42/48 |
16,332 | 19,691 | 34,380 | 34,877 | 32,347 | 23,211 | 61,094 | 31,505 | |
42 |
- | 5,124 | 14,373 | 14,121 | 13,873 | 7,844 | - | - | |
44 |
3,259 | 3,611 | 8,853 | 8,844 | 6,630 | 7,942 | 42,271 | 9,411 | |
440/4 |
3,259 | 3,611 | 8,853 | 8,844 | 6,630 | 7,942 | 42,271 | 9,411 | |
45 |
12,966 | 10,474 | 10,041 | 11,892 | 8,563 | 4,150 | 15,616 | 19,033 | |
450/3 |
5,517 | 5,943 | 6,833 | 5,257 | 42 | - | 8,385 | 9,030 | |
454/9 |
7,449 | 4,530 | 3,208 | 6,635 | 8,521 | 4,150 | 7,231 | 10,003 | |
47/48 |
107 | 482 | 1,112 | 20 | 3,282 | 3,275 | 3,208 | 3,061 | |
| Income statement | |||||||||
76A |
- | - | - | - | - | 625 | - | - | |
9900 |
73,401 | 78,272 | 71,948 | 65,454 | 45,758 | 29,229 | 52,061 | 42,918 | |
62 |
50,324 | 60,998 | 51,033 | 38,286 | 30,881 | 25,519 | 36,590 | 8,135 | |
630 |
11,080 | 11,105 | 11,719 | 11,844 | 9,831 | 8,250 | 8,892 | 2,072 | |
640/8 |
2,068 | 579 | 547 | 102 | 1,163 | 913 | 98 | 499 | |
9901 |
9,928 | 5,590 | 8,650 | 15,222 | 3,884 | -5,453 | 6,481 | 32,212 | |
75/76B |
105 | 28 | - | - | - | 46 | - | 274 | |
75 |
105 | 28 | - | - | - | 46 | - | 274 | |
65/66B |
266 | 684 | 1,384 | 1,880 | 1,222 | 1,252 | 1,537 | 785 | |
65 |
266 | 684 | 1,384 | 1,880 | 1,222 | 1,252 | 1,537 | 785 | |
9903 |
9,767 | 4,934 | 7,266 | 13,342 | 2,662 | -6,659 | 4,944 | 31,701 | |
67/77 |
4,168 | 3,033 | 3,716 | 3,217 | 42 | - | - | 8,385 | |
9904 |
5,599 | 1,901 | 3,550 | 10,125 | 2,620 | -6,659 | 4,944 | 23,316 | |
9905 |
5,599 | 1,901 | 3,550 | 10,125 | 2,620 | -6,659 | 4,944 | 23,316 | |
| Appropriation of the result | |||||||||
9906 |
5,599 | 1,901 | 3,550 | 10,125 | 2,620 | -6,659 | 4,944 | 23,316 | |
791/2 |
- | - | - | 3,857 | - | 6,659 | - | - | |
691/2 |
5,599 | 1,901 | 3,550 | 10,125 | 2,620 | - | 4,944 | 23,316 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
5,599 | 1,901 | 3,550 | 10,125 | 2,620 | - | 4,944 | 21,456 | |
694/7 |
- | - | - | 3,857 | - | - | - | - | |
694 |
- | - | - | 3,857 | - | - | - | - | |
| Social balance sheet | |||||||||
9087 |
1.6 | 2.3 | 1.9 | 1.8 | 1.8 | 1.2 | 1.1 | 0.3 | |
Hours worked1013 |
1,960 | 2,770 | 2,755 | 2,256 | 2,009 | 1,229 | 1,707 | 535 | |
| Document | |||||||||
The notes to these accounts have 5 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 24-07-2026.
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 | 24-07-2026 | 2026-00329106 | |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00305083 | |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00240324 | |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00255549 | |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20162911 | |
| 31-12-2020 | micro format | 23-07-2021 | 2021-39100522 | |
| 31-12-2019 | micro format | 30-07-2020 | 2020-36300381 | |
| 31-12-2018 | micro format | 04-07-2019 | 2019-28500163 |
Subsidies and aid
Flemish government 2022 to 2025, 3 entries, €5,153 awarded, €5,153 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €4,473 | €4,473 |
| 2022 | 2 | €680 | €680 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 21,008 | 16,695 | 20,368 | 27,066 | 13,714 | 2,797 | 15,373 | 34,284 | ||
| 16,679 | 13,006 | 15,269 | 21,969 | 12,450 | 1,592 | 13,836 | 25,388 | ||
| 0 | 0 | 1,259 | 0 | 31,057 | 1,514 | 54,405 | 13,708 | ||
| 13,873 | -8,351 | -744 | 17,316 | -1,081 | -13,520 | -16,155 | - | ||
| 37,988 | 21,308 | 13,426 | 13,790 | 3,598 | 13,048 | -16,490 | 24,079 | ||
| 78.6% | 73.5% | 57.1% | 47.4% | 35.7% | 41.6% | 40.0% | 53.1% | ||
| 3.33 | 2.08 | 1.39 | 1.40 | 1.11 | 1.56 | 0.73 | 1.76 | ||
| 2.99 | 1.63 | 1.15 | 1.15 | 0.77 | 1.26 | 0.64 | 1.68 | ||
| 0.27 | 0.36 | 0.75 | 1.11 | 1.80 | 1.40 | 1.50 | 0.88 | ||
| 9.3% | 3.5% | 6.7% | 20.6% | 7.2% | -19.6% | 12.2% | 65.3% | ||
| 7.3% | 2.6% | 3.9% | 9.8% | 2.6% | -8.2% | 4.9% | 34.7% | ||
| 78.91 | 24.41 | 14.72 | 14.40 | 11.23 | - | - | - |
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 | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 3 | 2 | 2 |
| full-time | 1 | - | - | 1 | 1 |
| part-time | 2 | 2 | 3 | 1 | 1 |
| in full-time equivalents | 1.7 | 1.6 | 2.1 | 1.8 | 1.8 |
| 1.3 | 1.7 | 1.9 | 1.8 | 1.8 | |
| On a permanent contract | 2 | 2 | 3 | 1 | 1 |
| Joined | 15 | 0 | 2 | 1 | 0 |
| Left | 14 | 1 | 2 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,259 | €0 | €31,057 |
| €11,080 | €11,105 | €11,719 | €11,844 | €9,831 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VCA
The operating result for 2025 is 78% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 26.5% to 21.4%. Equity is higher and debt is lower.