VDA ESTATES
Annual accounts 2025
micro format, filed on 01-07-2026, 30 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 ≈ €100,000. Estimated: probably between €69,000 and €180,000.
Balance sheet
balance sheet total €82,361 on 31-12-2025in euro
in euro
Position in the sector
24.3%
Higher than 46% of 17,199 companies in 2025.
0.96
Higher than 43% of 16,496 companies in 2025.
23.2%
Higher than 87% of 16,875 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
82,361 | 78,985 | 101,179 | 124,831 | 14,170 | |
21/28 |
33,111 | 51,841 | 71,451 | 103,682 | - | |
22/27 |
33,111 | 51,821 | 71,431 | 103,682 | - | |
23 |
459 | 919 | 1,378 | 1,838 | - | |
24 |
32,651 | 50,902 | 70,053 | 101,845 | - | |
28 |
- | 20 | 20 | - | - | |
29/58 |
49,250 | 27,143 | 29,728 | 21,148 | 14,170 | |
40/41 |
12,667 | 21,710 | 18,152 | 18,912 | 14,170 | |
40 |
12,667 | 21,710 | 18,152 | 18,912 | 13,170 | |
41 |
- | 1 | - | - | 1,000 | |
54/58 |
34,315 | 3,259 | 9,877 | 438 | - | |
490/1 |
2,269 | 2,173 | 1,699 | 1,798 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
82,361 | 78,985 | 101,179 | 124,831 | 14,170 | |
10/15 |
20,018 | 20,725 | 23,618 | 20,743 | 7,069 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
13 |
19,018 | 19,018 | 19,018 | 16,143 | 6,069 | |
133 |
19,018 | 19,018 | 19,018 | 16,143 | 6,069 | |
14 |
- | 706 | 3,600 | 3,600 | - | |
17/49 |
62,343 | 58,260 | 77,561 | 104,088 | 7,101 | |
17 |
11,066 | 25,502 | 40,348 | 63,414 | - | |
170/4 |
11,066 | 25,502 | 40,348 | 63,414 | - | |
42/48 |
51,168 | 32,758 | 37,213 | 40,674 | 7,101 | |
42 |
14,436 | 14,846 | 16,767 | 21,368 | - | |
44 |
1,234 | 1,179 | 1,572 | 525 | - | |
440/4 |
1,234 | 1,179 | 1,572 | 525 | - | |
45 |
8,247 | 8,131 | 8,605 | 6,168 | 2,842 | |
450/3 |
8,247 | 8,131 | 8,605 | 6,168 | 2,842 | |
47/48 |
27,251 | 8,602 | 10,269 | 12,613 | 4,258 | |
492/3 |
108 | - | - | - | - | |
| Income statement | ||||||
9900 |
46,242 | 20,288 | 30,261 | 33,351 | 10,511 | |
630 |
18,711 | 19,610 | 18,909 | 10,460 | - | |
640/8 |
1,300 | 1,149 | 862 | 822 | - | |
66A |
- | - | 509 | - | - | |
9901 |
26,232 | -472 | 9,980 | 22,069 | 10,511 | |
75/76B |
2 | 0 | 6 | 33 | - | |
75 |
2 | 0 | 6 | 33 | - | |
65/66B |
1,140 | 1,481 | 2,352 | 742 | - | |
65 |
1,140 | 1,481 | 2,352 | 742 | - | |
9903 |
25,094 | -1,952 | 7,634 | 21,360 | 10,511 | |
67/77 |
6,004 | 941 | 3,092 | 6,087 | 2,842 | |
9904 |
19,090 | -2,894 | 4,542 | 15,274 | 7,669 | |
9905 |
19,090 | -2,894 | 4,542 | 15,274 | 7,669 | |
| Appropriation of the result | ||||||
9906 |
19,796 | 706 | 8,142 | 15,274 | 7,669 | |
14P |
706 | 3,600 | 3,600 | - | - | |
691/2 |
- | - | 2,876 | 10,074 | 6,069 | |
6921 |
- | - | 2,876 | 10,074 | 6,069 | |
694/7 |
19,796 | - | 1,666 | 1,600 | 1,600 | |
694 |
19,796 | - | 1,666 | 1,600 | 1,600 | |
| Document | ||||||
The notes to these accounts have 6 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 01-07-2026.
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 | 01-07-2026 | 2026-00231339 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00434160 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00394909 | |
| 31-12-2022 | micro format | 25-09-2023 | 2023-00456576 | |
| 31-12-2021 | micro format | 02-08-2022 | 2022-20260012 |
Subsidies and aid
Flemish government 2025, 1 entry, €534 awarded, €534 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 44,942 | 19,138 | 28,890 | 32,529 | - | ||
| 37,800 | 16,716 | 23,451 | 25,734 | - | ||
| -20 | 0 | 2,187 | 114,142 | - | ||
| 31,055 | -6,618 | 9,439 | - | - | ||
| -1,918 | -5,615 | -7,485 | -19,525 | 7,069 | ||
| 24.3% | 26.2% | 23.3% | 16.6% | 49.9% | ||
| 0.96 | 0.83 | 0.80 | 0.52 | 2.00 | ||
| 3.11 | 2.81 | 3.28 | 5.02 | 1.00 | ||
| 95.4% | -14.0% | 19.2% | 73.6% | 108.5% | ||
| 23.2% | -3.7% | 4.5% | 12.2% | 54.1% | ||
| 39.41 | 12.92 | 12.28 | 43.87 | - |
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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,167 | €114,142 | - |
| Financial fixed assets | - | - | €20 | - | - |
| €18,711 | €19,610 | €18,909 | €10,460 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VDA ESTATES
The operating result for 2025 is a profit of €26,232, after a loss of €472 in 2024. It is the highest result since 2021.
Debt's share of the balance-sheet total rises from 73.8% to 75.7%. Equity is lower and debt is higher.