VDAC
Annual accounts 2025
micro format, filed on 15-06-2026, 46 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 ≈ €190,000. Estimated: probably between €120,000 and €320,000.
Balance sheet
balance sheet total €114,431 on 31-12-2025in euro
in euro
Position in the sector
66.4%
Higher than 60% of 2,302 companies in 2025.
3.00
Higher than 61% of 2,199 companies in 2025.
40.2%
Higher than 81% of 2,233 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
114,431 | 50,014 | |
21/28 |
856 | 1,268 | |
22/27 |
856 | 1,268 | |
24 |
856 | 1,268 | |
29/58 |
113,575 | 48,746 | |
40/41 |
10,018 | 12,357 | |
40 |
9,896 | 11,465 | |
41 |
122 | 893 | |
54/58 |
103,558 | 36,388 | |
| Balance sheet: equity and liabilities | |||
10/49 |
114,431 | 50,014 | |
10/15 |
75,939 | 29,973 | |
10/11 |
5,000 | 5,000 | |
13 |
70,939 | 24,973 | |
133 |
70,939 | 24,973 | |
17/49 |
38,492 | 20,041 | |
42/48 |
37,800 | 20,041 | |
44 |
2,132 | - | |
440/4 |
2,132 | - | |
45 |
21,027 | 6,397 | |
450/3 |
21,027 | 6,397 | |
47/48 |
14,641 | 13,643 | |
492/3 |
692 | - | |
| Income statement | |||
9900 |
61,613 | 32,842 | |
630 |
412 | 1,438 | |
631/4 |
1,940 | - | |
640/8 |
134 | - | |
9901 |
59,128 | 31,405 | |
75/76B |
75 | - | |
75 |
75 | - | |
65/66B |
1,172 | 34 | |
65 |
1,172 | 34 | |
9903 |
58,031 | 31,370 | |
67/77 |
12,066 | 6,397 | |
9904 |
45,966 | 24,973 | |
9905 |
45,966 | 24,973 | |
| Appropriation of the result | |||
9906 |
45,966 | 24,973 | |
691/2 |
45,966 | 24,973 | |
6921 |
45,966 | 24,973 | |
| Document | |||
The notes to these accounts have 8 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 15-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 59,540 | 32,842 | ||
| 46,378 | 26,411 | ||
| 0 | 2,705 | ||
| 67,170 | - | ||
| 75,776 | 28,705 | ||
| 66.4% | 59.9% | ||
| 3.00 | 2.43 | ||
| 0.51 | 0.67 | ||
| 60.5% | 83.3% | ||
| 40.2% | 49.9% | ||
| 50.82 | over 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| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €1,375 |
| Intangible fixed assets | - | €1,331 |
| Financial fixed assets | €0 | - |
| €412 | €1,438 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on VDAC
The operating result for 2025 is 88% higher than in 2024.
Debt's share of the balance-sheet total falls from 40.1% to 33.6%. Equity and debt are higher.