VDD LOGISTICS
Annual accounts 2025
abbreviated format, filed on 12-06-2026, 49 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.4m. Estimated: probably between €1.1m and €2.0m.
Balance sheet
balance sheet total €737,749 on 31-12-2025in euro
in euro
Position in the sector
83.8%
Higher than 92% of 2,418 companies in 2025.
2.99
Higher than 82% of 2,369 companies in 2025.
4.9%
Higher than 50% of 2,377 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
737,749 | 919,931 | 767,600 | 1.1m | 828,131 | 703,622 | 757,514 | |
21/28 |
381,014 | 590,048 | 218,910 | 392,005 | 205,417 | 312,113 | 416,653 | |
22/27 |
381,014 | 590,048 | 218,910 | 392,005 | 205,417 | 312,113 | 416,653 | |
24 |
381,014 | 590,048 | 218,910 | 392,005 | 205,417 | 312,113 | 416,653 | |
29/58 |
356,735 | 329,883 | 548,690 | 721,994 | 622,714 | 391,509 | 340,861 | |
40/41 |
248,018 | 246,605 | 403,562 | 381,561 | 418,550 | 302,411 | 297,598 | |
40 |
246,264 | 182,707 | 323,178 | 288,601 | 369,266 | 290,874 | 279,415 | |
41 |
1,754 | 63,898 | 80,385 | 92,961 | 49,284 | 11,537 | 18,183 | |
54/58 |
108,717 | 83,278 | 145,128 | 340,432 | 204,164 | 89,098 | 43,263 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
737,749 | 919,931 | 767,600 | 1.1m | 828,131 | 703,622 | 757,514 | |
10/15 |
618,418 | 582,440 | 519,569 | 473,183 | 370,238 | 218,799 | 169,585 | |
10/11 |
200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 100,000 | 100,000 | |
100 |
- | - | - | - | - | - | 100,000 | |
11 |
- | - | - | - | - | 100,000 | - | |
1109/19 |
- | - | - | - | - | 100,000 | - | |
13 |
187,316 | 157,316 | 130,316 | 85,000 | 60,000 | 10,000 | 10,000 | |
130/1 |
20,000 | 20,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | |
130 |
- | - | - | - | - | - | 10,000 | |
1311 |
20,000 | 20,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | |
132 |
92,316 | 62,316 | 45,316 | - | - | - | - | |
133 |
75,000 | 75,000 | 75,000 | 75,000 | 50,000 | - | - | |
14 |
231,102 | 225,124 | 189,254 | 188,183 | 110,238 | 108,799 | 59,585 | |
17/49 |
119,331 | 337,491 | 248,030 | 640,816 | 457,893 | 484,823 | 587,929 | |
17 |
- | - | - | 5,310 | 105,052 | 204,794 | 304,536 | |
170/4 |
- | - | - | 5,310 | 105,052 | 204,794 | 304,536 | |
42/48 |
119,331 | 135,780 | 248,030 | 635,506 | 352,841 | 276,723 | 283,392 | |
42 |
- | - | 5,310 | 99,742 | 99,742 | 99,742 | 99,742 | |
44 |
77,572 | 99,058 | 204,668 | 503,922 | 210,851 | 142,510 | 155,290 | |
440/4 |
77,572 | 99,058 | 204,668 | 503,922 | 210,851 | 142,510 | 155,290 | |
45 |
41,759 | 36,722 | 38,052 | 30,618 | 42,248 | 34,471 | 28,360 | |
450/3 |
5,177 | 1,000 | 1,250 | - | 7,800 | 4,000 | - | |
454/9 |
36,582 | 35,722 | 36,802 | 30,618 | 34,448 | 30,471 | 28,360 | |
47/48 |
- | - | - | 1,223 | - | - | - | |
492/3 |
- | 201,711 | - | - | - | 3,306 | - | |
| Income statement | ||||||||
76A |
38,264 | 17,000 | 45,316 | - | - | - | - | |
9900 |
632,253 | 594,641 | 544,788 | 576,482 | 504,279 | 465,093 | 525,718 | |
60/61 |
1.2m | 1.4m | 1.4m | 1.4m | 1.1m | 921,586 | 908,904 | |
62 |
378,926 | 358,227 | 354,068 | 343,858 | 322,943 | 299,016 | 327,783 | |
630 |
209,034 | 166,811 | 140,411 | 111,597 | 106,696 | 106,523 | 114,347 | |
640/8 |
4,837 | 5,433 | 5,756 | 4,015 | 9,002 | 3,256 | 8,704 | |
9901 |
39,457 | 64,169 | 44,553 | 117,012 | 65,638 | 56,298 | 74,884 | |
75/76B |
- | - | - | - | 525 | 649 | 230 | |
75 |
- | - | - | - | 525 | 649 | 230 | |
65/66B |
481 | 521 | 668 | 2,096 | 2,958 | 3,664 | 5,528 | |
65 |
481 | 521 | 668 | 2,096 | 2,958 | 3,664 | 5,528 | |
9903 |
38,976 | 63,649 | 43,885 | 114,916 | 63,205 | 53,283 | 69,585 | |
67/77 |
2,998 | 778 | -2,502 | 11,971 | 11,766 | 4,000 | - | |
9904 |
35,978 | 62,870 | 46,387 | 102,945 | 51,439 | 49,283 | 69,585 | |
689 |
30,000 | 17,000 | 45,316 | - | - | - | - | |
9905 |
5,978 | 45,870 | 1,071 | 102,945 | 51,439 | 49,283 | 69,585 | |
| Appropriation of the result | ||||||||
9906 |
231,102 | 235,124 | 189,254 | 213,183 | 160,238 | 108,799 | 69,585 | |
14P |
225,124 | 189,254 | 188,183 | 110,238 | 108,799 | - | - | |
691/2 |
- | 10,000 | - | 25,000 | 50,000 | - | 10,000 | |
6920 |
- | 10,000 | - | - | - | - | 10,000 | |
6921 |
- | - | - | 25,000 | 50,000 | - | - | |
| Social balance sheet | ||||||||
9087 |
- | 7 | 7.4 | 8 | 7.3 | 7 | 6.8 | |
Hours worked1013 |
- | 12,674 | - | 14,076 | 14,086 | 13,682 | 15,133 | |
| Document | ||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-06-2026.
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 | abbreviated format | 12-06-2026 | 2026-00156573 | |
| 31-12-2024 | abbreviated format | 04-06-2025 | 2025-00119627 | |
| 31-12-2023 | abbreviated format | 27-06-2024 | 2024-00172205 | |
| 31-12-2022 | abbreviated format | 12-06-2023 | 2023-00123812 | |
| 31-12-2021 | abbreviated format | 21-06-2022 | 2022-20078234 | |
| 31-12-2020 | micro format | 14-06-2021 | 2021-19500422 | |
| 31-12-2019 | micro format | 03-06-2020 | 2020-14300277 |
Subsidies and aid
Flemish government 2023, 1 entry, €4,500 awarded, €4,500 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 248,490 | 230,981 | 184,963 | 228,609 | 172,334 | 162,821 | 189,231 | ||
| 245,012 | 229,682 | 186,797 | 214,542 | 158,135 | 155,806 | 183,932 | ||
| 0 | 537,950 | -32,684 | 298,185 | 0 | 1,983 | 531,000 | ||
| 25,439 | -61,850 | -195,305 | 136,268 | 115,066 | 45,836 | - | ||
| 237,404 | 194,103 | 300,660 | 86,488 | 269,873 | 114,786 | 57,468 | ||
| 83.8% | 63.3% | 67.7% | 42.5% | 44.7% | 31.1% | 22.4% | ||
| 2.99 | 2.43 | 2.21 | 1.14 | 1.76 | 1.41 | 1.20 | ||
| 0.19 | 0.58 | 0.48 | 1.35 | 1.24 | 2.22 | 3.47 | ||
| 5.8% | 10.8% | 8.9% | 21.8% | 13.9% | 22.5% | 41.0% | ||
| 4.9% | 6.8% | 6.0% | 9.2% | 6.2% | 7.0% | 9.2% | ||
| over 100 | over 100 | over 100 | over 100 | 58.25 | - | - | ||
| 23 days | 26 days | 53 days | 134 days | 72 days | 56 days | 62 days |
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 | 31-12-2024 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 8 | 8 |
| full-time | - | 8 | 8 |
| in full-time equivalents | - | 8 | 8 |
| 7 | 8 | 7.3 | |
| On a permanent contract | - | 8 | 8 |
| Joined | - | - | 1 |
| Left | - | - | 0 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €537,950 | - | €298,185 | - |
| €209,034 | €166,811 | €140,411 | €111,597 | €106,696 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VDD LOGISTICS
The operating result for 2025 is 39% lower than in 2024 and the lowest since 2019.
Debt's share of the balance-sheet total falls from 36.7% to 16.2%. Equity is higher and debt is lower.
- 2021 Equity +69% on 2020. Capital increase of €100,000 (Official Gazette 02-12-2021).