VD & CO (0753.714.744): financials and annual accounts

VD & CO

Berchem-Sainte-Agathe ·KBO/BCE: BE 0753.714.744

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	81,482	55,488	74,096	92,577	65,032
Fixed assets`21/28`	3,700	7,576	15,500	23,423	17,976
Tangible fixed assets`22/27`	3,700	7,576	15,500	23,423	17,976
Furniture and vehicles`24`	3,700	3,700	6,924	10,147	-
Leasing and similar rights`25`	-	3,876	8,576	13,276	17,976
Current assets`29/58`	77,782	47,912	58,597	69,154	47,057
Amounts receivable within one year`40/41`	69,046	35,583	24,559	67,552	14,990
Trade receivables`40`	30,299	11,718	4,466	51,880	12,209
Other amounts receivable`41`	38,748	23,865	20,093	15,671	2,780
Cash at bank and in hand`54/58`	7,548	10,653	33,082	1,602	31,961
Deferred charges and accrued income`490/1`	1,188	1,676	957	-	106
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	81,482	55,488	74,096	92,577	65,032
Equity`10/15`	9,620	21,517	38,981	23,500	19,043
Contributions`10/11`	1,000	1,000	1,000	1,000	1,000
Profit (loss) carried forward`14`	8,620	20,517	37,981	22,500	18,043
Amounts payable`17/49`	71,862	33,971	35,116	69,076	45,989
Amounts payable after more than one year`17`	-	940	5,230	9,830	14,347
Financial debts`170/4`	-	940	5,230	9,830	14,347
Amounts payable within one year`42/48`	71,862	33,031	29,886	59,247	31,642
Current portion of amounts payable after more than one year`42`	-	4,290	4,600	4,517	4,436
Trade debts`44`	38,995	21,657	16,925	41,791	16,725
Suppliers`440/4`	38,995	21,657	16,925	41,791	16,725
Taxes, remuneration and social security`45`	15,397	7,084	8,125	12,939	10,453
Taxes`450/3`	12,145	7,084	5,275	12,939	10,453
Remuneration and social security`454/9`	3,252	-	2,850	-	-
Other amounts payable`47/48`	17,469	-	236	-	27
Income statement
Gross operating margin`9900`	-7,223	-8,804	27,293	13,636	29,615
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	3,876	7,923	7,923	7,447	5,524
Other operating charges`640/8`	713	530	485	25	1,014
Operating profit (loss)`9901`	-11,812	-17,258	18,884	6,164	23,077
Financial income`75/76B`	-	-	935	-	18
Recurring financial income`75`	-	-	935	-	18
Financial charges`65/66B`	85	206	373	399	489
Recurring financial charges`65`	85	206	373	399	489
Profit (loss) for the period before taxes`9903`	-11,897	-17,464	19,447	5,765	22,607
Income taxes`67/77`	-	-	3,966	1,309	4,564
Profit (loss) for the period`9904`	-11,897	-17,464	15,481	4,457	18,043
Profit (loss) for the period to be appropriated`9905`	-11,897	-17,464	15,481	4,457	18,043
Appropriation of the result
Profit (loss) to be appropriated`9906`	8,620	20,517	37,981	22,500	18,043
Profit (loss) brought forward from the previous period`14P`	20,517	37,981	22,500	18,043	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	19-06-2026	2026-00176438	PDF
31-12-2024	micro format	26-08-2025	2025-00410244	PDF
31-12-2023	micro format	26-08-2024	2024-00367375	PDF
31-12-2022	micro format	06-10-2023	2023-00474457	PDF
31-12-2021	micro format	31-08-2022	2022-20371892	PDF

Line	2025	2024	2023	2022	2021
EBITDA	-7,936	-9,334	26,808	13,611	28,601
Cash flow	-8,021	-9,541	23,404	11,903	23,568
Investment in fixed assets (approximation)	0	0	0	12,894	23,500
Change in cash	-3,104	-22,429	31,480	-30,359	-
Working capital	5,920	14,881	28,711	9,907	15,414
Solvency	11.8%	38.8%	52.6%	25.4%	29.3%
Current ratio	1.08	1.45	1.96	1.17	1.49
Debt to equity	7.47	1.58	0.90	2.94	2.41
ROE	-123.7%	-81.2%	39.7%	19.0%	94.7%
ROA	-14.6%	-31.5%	20.9%	4.8%	27.7%
Interest coverage	-93.58	-45.30	71.96	34.13	58.54

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€12,894	€23,500
Depreciation and write-downs of the year	€3,876	€7,923	€7,923	€7,447	€5,524

VD & CO

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency11.8%

Current ratio1.08

Return on assets-14.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on VD & CO

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