VDelec (0797.164.608): financials and annual accounts

VDelec

Oostrozebeke ·KBO/BCE: BE 0797.164.608

Line	2025	2024	2023
Balance sheet: assets
Total assets`20/58`	300,587	284,414	129,545
Fixed assets`21/28`	113,097	137,533	54,629
Intangible fixed assets`21`	333	1,667	3,000
Tangible fixed assets`22/27`	112,763	135,866	51,629
Land and buildings`22`	3,577	-	-
Plant, machinery and equipment`23`	19,737	25,018	15,541
Furniture and vehicles`24`	89,449	110,849	36,089
Current assets`29/58`	187,491	146,880	74,915
Amounts receivable within one year`40/41`	20,755	129,178	20,766
Trade receivables`40`	8,651	114,960	13,927
Other amounts receivable`41`	12,104	14,218	6,838
Cash at bank and in hand`54/58`	166,736	17,702	54,150
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	300,587	284,414	129,545
Equity`10/15`	172,581	102,998	49,868
Contributions`10/11`	5,000	5,000	5,000
Reserves`13`	167,581	97,998	44,868
Distributable reserves`133`	167,581	97,998	44,868
Amounts payable`17/49`	128,007	181,416	79,677
Amounts payable after more than one year`17`	53,872	77,838	25,789
Financial debts`170/4`	53,872	77,838	25,789
Amounts payable within one year`42/48`	74,135	103,577	53,887
Current portion of amounts payable after more than one year`42`	24,603	23,152	7,785
Trade debts`44`	13,049	40,553	11,394
Suppliers`440/4`	13,049	40,553	11,394
Taxes, remuneration and social security`45`	31,036	25,908	13,138
Taxes`450/3`	31,036	25,908	13,138
Other amounts payable`47/48`	5,448	13,964	21,570
Income statement
Gross operating margin`9900`	126,454	92,284	70,983
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	35,869	24,540	11,546
Other operating charges`640/8`	193	344	333
Operating profit (loss)`9901`	90,392	67,400	59,104
Financial income`75/76B`	-	794	-
Recurring financial income`75`	-	794	-
Financial charges`65/66B`	3,154	2,295	1,329
Recurring financial charges`65`	3,154	2,295	1,329
Profit (loss) for the period before taxes`9903`	87,238	65,899	57,774
Income taxes`67/77`	17,655	12,770	12,906
Profit (loss) for the period`9904`	69,583	53,130	44,868
Profit (loss) for the period to be appropriated`9905`	69,583	53,130	44,868
Appropriation of the result
Profit (loss) to be appropriated`9906`	69,583	53,130	44,868
Transfer to equity`691/2`	69,583	53,130	44,868
To other reserves`6921`	69,583	53,130	44,868
Document	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	27-08-2026	2026-00431451	PDF
31-12-2024	micro format	01-07-2025	2025-00207975	PDF
31-12-2023	micro format	30-08-2024	2024-00410564	PDF

Line	2025	2024	2023
EBITDA	126,261	91,940	70,650
Cash flow	105,452	77,670	56,415
Investment in fixed assets	11,433	107,444	66,176
Change in cash	149,034	-36,448	-
Working capital	113,356	43,303	21,028
Solvency	57.4%	36.2%	38.5%
Current ratio	2.53	1.42	1.39
Debt to equity	0.74	1.76	1.60
ROE	40.3%	51.6%	90.0%
ROA	23.1%	18.7%	34.6%
Interest coverage	40.03	40.06	53.14

Item	2025	2024	2023
Tangible fixed assets	€11,433	€107,444	€62,176
Intangible fixed assets	-	-	€4,000
Depreciation and write-downs of the year	€35,869	€24,540	€11,546

VDelec

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency57.4%

Current ratio2.53

Return on assets23.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on VDelec

Next steps