VDG ENGINEERING

Active Private limited companyfounded 2000active for 25 yearsJohannes Stadiuslaan 15, 2990 WuustwezelKBO/BCE: BE 0473.270.720

VDG ENGINEERING

Financial year 2025

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Annual accounts 2025

micro format, filed on 16-07-2026, 15 days before the deadline

€179,220

▲ 19.9%

€155,523

▲ 39.6%

€177,640

▲ 20.1%

€124,207

▲ 11.2%

60.8%

▲ 3.1 percentage points

2.57

▲ 0.29

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €300,000. Estimated: probably between €260,000 and €360,000.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €845,578 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

60.8%

Higher than 55% of 39,364 companies in 2025.

2.57

Higher than 57% of 38,048 companies in 2025.

12.1%

Higher than 46% of 38,520 companies in 2025.

VDG ENGINEERING Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	845,578	713,775	613,705	599,888	625,599	610,496	574,724	609,650	513,989	579,985	530,301	525,860	500,928	476,533	436,651	423,448	385,422	377,417	348,784	332,119
`20`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`21/28`	42,000	64,118	97,800	85,691	61,599	82,776	107,136	116,173	134,697	168,376	202,630	224,858	183,620	191,801	212,291	234,636	242,608	264,785	254,638	262,236
`21`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`22/27`	41,960	64,078	97,760	85,651	61,559	82,736	107,136	116,173	134,697	168,376	202,630	224,858	183,620	191,801	212,291	234,636	242,608	264,785	254,588	262,186
`22`	-	0	14,440	28,880	43,321	58,245	73,537	89,074	104,611	120,147	136,259	169,007	168,482	184,594	195,868	207,819	220,629	235,644	250,659	259,927
`23`	2,215	3,021	3,826	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	61	122
`24`	39,745	61,057	79,493	56,771	18,238	24,491	33,599	27,099	30,087	48,229	66,371	55,851	15,138	7,208	16,423	26,817	21,979	29,141	3,867	2,137
`26`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`27`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`28`	40	40	40	40	40	40	0	0	0	0	0	0	0	0	0	0	0	0	50	50
`29/58`	803,577	649,657	515,905	514,197	564,001	527,720	467,588	493,478	379,292	411,609	327,671	301,002	317,308	284,732	224,361	188,812	142,814	112,632	94,146	69,883
`29`	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	-	-
`290`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`291`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`3`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`30/36`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`37`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`40/41`	46,001	68,916	54,960	61,585	37,172	21,283	40,700	77,015	102,244	87,249	117,134	62,386	101,641	70,793	18,811	38,151	28,518	16,465	70,012	59,538
`40`	46,001	68,916	54,960	61,585	37,172	13,783	36,379	71,758	92,586	79,847	116,354	58,449	101,641	70,793	12,189	35,472	27,118	12,703	60,571	59,365
`41`	-	-	-	-	0	7,500	4,322	5,257	9,658	7,402	780	3,937	0	0	6,622	2,679	1,400	3,762	9,441	173
`50/53`	550,862	325,000	300,000	100,000	100,000	100,000	100,000	100,000	99,653	0	0	1,015	0	0	0	0	0	0	-	-
`54/58`	194,279	247,983	153,521	347,939	423,005	405,429	325,875	315,402	176,379	323,340	208,031	236,361	214,261	213,314	201,742	147,605	112,392	94,221	22,529	9,464
`490/1`	12,435	7,759	7,424	4,674	3,824	1,008	1,012	1,061	1,016	1,020	2,506	1,240	1,407	625	3,807	3,056	1,904	1,946	1,605	881
Balance sheet: equity and liabilities
`10/49`	845,578	713,775	613,705	599,888	625,599	610,496	574,724	609,650	513,989	579,985	530,301	525,860	500,928	476,533	436,651	423,448	385,422	377,417	348,784	332,119
`10/15`	513,875	411,786	397,494	329,472	406,065	358,965	332,100	292,392	285,500	261,725	228,938	181,535	178,961	168,053	141,160	121,200	113,740	112,009	95,531	83,128
`10/11`	67,500	67,500	67,500	67,500	67,500	67,500	67,500	67,500	121,500	121,500	121,500	121,500	121,500	67,500	67,500	67,500	67,500	67,500	67,500	67,500
`100`	-	-	-	-	-	-	67,500	67,500	121,500	121,500	121,500	121,500	121,500	67,500	67,500	67,500	67,500	67,500	67,500	67,500
`101`	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`11`	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`1100/10`	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`12`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`13`	446,188	344,099	329,808	261,786	338,379	291,278	264,414	224,706	163,814	140,039	107,251	59,848	54,348	52,998	52,998	52,998	45,748	10,498	9,648	8,948
`130/1`	-	-	0	6,799	6,799	6,799	-	-	-	-	-	-	0	0	0	0	0	0	-	-
`130`	-	-	-	-	-	-	6,799	6,799	12,150	12,150	10,650	8,000	7,600	6,750	6,750	6,750	4,000	3,750	2,900	2,200
`1311`	-	-	0	6,799	6,799	6,799	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1312`	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`1313`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`132`	-	-	-	-	0	4,647	6,748	6,748	6,748	6,748	6,748	6,748	6,748	6,748	6,748	6,748	6,748	6,748	6,748	6,748
`133`	446,188	344,099	329,808	254,987	331,580	279,833	250,867	211,159	144,916	121,141	89,853	45,100	40,000	39,500	39,500	39,500	35,000	0	-	-
`14`	187	187	187	187	187	187	187	187	187	187	187	187	3,113	47,555	20,662	702	492	34,011	18,383	6,680
`15`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`19`	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	-	-
`16`	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	-	-
`160/5`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`160`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
`161`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
`162`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
`163`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
`164/5`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
`168`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`17/49`	331,703	301,989	216,211	270,416	219,534	251,531	242,624	317,258	228,489	318,260	301,363	344,326	321,967	308,480	295,491	302,248	271,682	265,408	253,253	248,991
`17`	-	0	8,026	18,363	28,299	37,848	47,026	55,847	64,326	72,475	80,308	87,836	95,071	102,026	109,255	122,568	134,782	146,465	132,948	138,431
`170/4`	-	0	8,026	18,363	28,299	37,848	47,026	55,847	64,326	72,475	80,308	87,836	95,071	102,026	109,255	122,568	134,782	146,465	132,948	138,431
`175`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`176`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`178/9`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`42/48`	313,179	285,812	201,051	246,906	186,057	208,485	187,965	253,044	155,804	234,957	210,049	245,673	216,055	197,435	178,832	172,409	130,365	118,383	119,765	110,074
`42`	0	8,904	11,180	10,746	10,328	9,927	9,541	8,479	8,149	7,833	7,528	7,236	6,954	7,773	13,837	12,718	12,167	11,641	5,930	5,270
`43`	124,000	124,000	124,000	124,000	124,000	124,000	124,000	124,000	124,000	165,000	165,000	165,000	165,000	135,000	135,000	110,000	110,000	78,500	78,500	78,500
`430/8`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	78,500	78,500	78,500
`439`	124,000	124,000	124,000	124,000	124,000	124,000	124,000	124,000	124,000	165,000	165,000	165,000	165,000	135,000	135,000	110,000	110,000	0	-	-
`44`	1,682	1,550	6,004	561	2,841	1,342	2,063	15,241	3,122	24,041	9,179	63,882	6,872	2,983	7,848	19,525	1,153	1,878	8,668	13,109
`440/4`	1,682	1,550	6,004	561	2,841	1,342	2,063	15,241	3,122	24,041	9,179	63,882	6,872	2,983	7,848	19,525	1,153	1,878	8,668	13,109
`441`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`46`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`45`	12,238	15,949	13,200	24,300	13,740	5,360	7,353	9,276	11,634	735	11,432	9,555	16,553	19,566	648	6,264	1,359	3,406	2,910	2,931
`450/3`	12,238	15,949	13,200	24,300	13,740	5,360	7,353	9,276	11,634	735	11,432	9,555	16,553	19,566	648	6,264	1,359	3,406	2,910	2,931
`454/9`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`47/48`	175,259	135,410	46,667	87,299	35,147	67,856	45,007	96,048	8,899	37,349	16,910	0	20,676	32,114	21,500	23,903	5,686	22,958	23,758	10,264
`492/3`	18,524	16,177	7,134	5,146	5,179	5,198	7,633	8,367	8,359	10,828	11,007	10,817	10,840	9,020	7,404	7,271	6,534	560	540	487
Income statement
`70`	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	-	-
`76A`	-	0	4,543	8,000	-	0	4,072	0	0	0	905	0	1,640	0	0	1,240	0	0	-	-
`9900`	179,220	149,485	135,716	135,772	98,099	75,427	92,823	123,583	86,437	99,919	129,186	65,688	52,302	80,172	66,173	48,962	39,178	52,820	41,205	31,677
`60/61`	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	-	-
`62`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`630`	22,117	36,542	35,740	30,422	24,168	25,475	26,321	34,138	33,679	34,254	34,647	32,643	21,033	26,930	26,845	27,187	23,916	24,126	16,965	16,353
`631/4`	-	-	-	-	-	0	0	-5,579	4,184	1,395	0	0	0	0	0	0	0	0	-	-
`635/8`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`640/8`	1,580	1,520	1,553	1,483	1,337	1,512	1,244	1,294	1,208	1,125	1,281	1,184	1,183	1,129	411	1,196	1,201	1,186	1,503	1,521
`649`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`66A`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	796	0	0	0	-	-
`9901`	155,523	111,423	98,424	103,866	72,594	48,440	65,259	93,730	47,366	63,146	93,259	31,861	30,086	52,114	38,917	20,579	14,061	27,508	22,737	13,802
`75/76B`	6,702	9,470	3,825	353	4,324	0	106	224	185	812	1,735	3,641	5,665	564	2,766	1,708	1,586	747	616	439
`75`	6,702	9,470	3,825	353	4,324	0	106	224	185	812	1,735	3,641	5,665	564	2,766	1,708	1,586	747	616	439
`76B`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
`65/66B`	18,938	17,056	8,357	6,690	8,324	7,237	9,948	9,961	10,995	13,410	14,233	30,946	14,257	12,904	11,959	12,490	12,398	11,362	10,951	10,039
`65`	18,938	17,056	8,357	6,690	8,324	7,237	9,948	9,961	10,995	13,410	14,233	30,946	14,257	12,904	11,959	12,490	12,398	11,362	10,951	10,039
`66B`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
`9903`	143,288	103,837	93,891	97,530	68,595	41,203	55,417	83,992	36,555	50,548	81,665	4,556	23,134	39,775	28,929	11,037	3,249	16,893	12,403	4,203
`67/77`	41,199	28,654	25,869	26,356	19,895	11,839	15,709	23,101	12,780	17,760	34,262	1,983	6,226	12,882	8,968	3,577	1,518	415	-	-0
`9904`	102,089	75,183	68,022	71,174	48,700	29,365	39,708	60,892	23,775	32,788	47,403	2,573	16,908	26,893	19,961	7,460	1,731	16,478	12,403	4,203
`789`	-	-	-	0	4,647	2,102	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`689`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	2,102
`9905`	102,089	75,183	68,022	71,174	53,347	31,466	39,708	60,892	23,775	32,788	47,403	2,573	16,908	26,893	19,961	7,460	1,731	16,478	12,403	2,102
Appropriation of the result
`9906`	102,276	75,370	68,208	71,361	53,533	31,653	39,894	61,078	23,961	32,974	47,590	5,687	64,463	47,555	20,662	7,952	35,742	34,861	19,083	6,930
`14P`	187	187	187	187	187	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	0	60,892	0	147,767	0	2,500	0	0	0	0	0	0	39,500	0	0	0	0	0	-	-
`691/2`	102,089	75,183	68,022	71,174	51,747	31,466	39,708	60,892	23,775	32,788	47,403	5,500	40,850	0	0	7,250	35,250	850	700	250
`691`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`6920`	-	-	-	-	-	0	0	0	0	1,500	2,650	400	850	0	0	2,750	250	850	700	250
`6921`	102,089	75,183	68,022	71,174	51,747	31,466	39,708	60,892	23,775	31,288	44,753	5,100	40,000	0	0	4,500	35,000	0	-	-
`694/7`	0	60,892	0	147,767	1,600	2,500	-	-	-	-	-	-	60,000	0	0	0	0	0	-	-
`694`	0	60,892	0	147,767	1,600	2,500	0	0	0	0	0	0	60,000	0	0	0	0	0	-	-
`695`	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
`696`	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
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The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 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 16-07-2026.

Download as CSV

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	16-07-2026	2026-00303066	PDF
31-12-2024	micro format	15-07-2025	2025-00275162	PDF
31-12-2023	micro format	11-07-2024	2024-00238029	PDF
31-12-2022	micro format	05-07-2023	2023-00209006	PDF
31-12-2021	micro format	28-07-2022	2022-20234186	PDF
31-12-2020	micro format	27-07-2021	2021-40100561	PDF
31-12-2019	micro format	30-06-2020	2020-22300579	PDF
31-12-2018	micro format	12-07-2019	2019-31500593	PDF
31-12-2017	micro format	29-06-2018	2018-24700102	PDF
31-12-2016	micro format	13-07-2017	2017-30300223	PDF
31-12-2015	abbreviated format	04-07-2016	2016-26000002	PDF
31-12-2014	abbreviated format	29-07-2015	2015-35400336	PDF
31-12-2013	abbreviated format	17-07-2014	2014-31300271	PDF
31-12-2012	abbreviated format	16-07-2013	2013-32600036	PDF
31-12-2011	abbreviated format	26-07-2012	2012-35000448	PDF
31-12-2010	abbreviated format	11-07-2011	2011-28100217	PDF
31-12-2009	abbreviated format	01-07-2010	2010-26100113	PDF
31-12-2008	abbreviated format	06-07-2009	2009-37800363	PDF
31-12-2007	abbreviated format	22-07-2008	2008-44500171	PDF
31-12-2006	abbreviated format	17-07-2007	2007-41900218	PDF
31-12-2005	abbreviated format	05-07-2006	2006-41104810	PDF
31-12-2004	abbreviated format	29-06-2005	2005-36805060	PDF
31-12-2003	abbreviated format	21-06-2004	2004-28004104	PDF
31-12-2002	abbreviated format	01-07-2003	2003-36200874	PDF
31-12-2001	abbreviated format	25-06-2002	2002-27002973	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
177,640	147,965	134,164	134,289	96,763	73,915	91,579	127,868	81,045	97,400	127,905	64,504	51,119	79,044	65,763	47,766	37,977	51,634	39,702	30,155
124,207	111,725	103,762	101,597	72,869	54,839	66,029	95,030	57,454	67,041	82,050	35,216	37,941	53,823	46,806	34,647	25,647	40,604	29,368	20,556
0	2,860	51,305	54,515	2,991	1,115	17,284	15,614	0	0	12,418	73,881	18,451	6,440	5,296	19,215	1,739	34,323	9,367	2,468
-53,704	94,462	-194,417	-75,066	17,575	79,554	10,474	139,023	-146,962	115,309	-28,329	22,100	947	11,571	54,137	35,213	18,171	71,692	13,065	-
490,399	363,845	314,855	267,291	377,944	319,234	279,623	240,434	223,487	176,652	117,622	55,329	101,253	87,297	45,529	16,403	12,449	-5,751	-25,619	-40,191
60.8%	57.7%	64.8%	54.9%	64.9%	58.8%	57.8%	48.0%	55.5%	45.1%	43.2%	34.5%	35.7%	35.3%	32.3%	28.6%	29.5%	29.7%	27.4%	25.0%
2.57	2.27	2.57	2.08	3.03	2.53	2.49	1.95	2.43	1.75	1.56	1.23	1.47	1.44	1.25	1.10	1.10	0.95	0.79	0.63
0.65	0.73	0.54	0.82	0.54	0.70	0.73	1.09	0.80	1.22	1.32	1.90	1.80	1.84	2.09	2.49	2.39	2.37	2.65	3.00
19.9%	18.3%	17.1%	21.6%	12.0%	8.2%	12.0%	20.8%	8.3%	12.5%	20.7%	1.4%	9.4%	16.0%	14.1%	6.2%	1.5%	14.7%	13.0%	5.1%
12.1%	10.5%	11.1%	11.9%	7.8%	4.8%	6.9%	10.0%	4.6%	5.7%	8.9%	0.5%	3.4%	5.6%	4.6%	1.8%	0.4%	4.4%	3.6%	1.3%
9.38	8.68	16.05	20.07	11.62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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	-	€2,860	€51,305	€54,515	€2,991
Financial fixed assets	€0	-	-	-	-
	€22,117	€36,542	€35,740	€30,422	€24,168

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VDG ENGINEERING

The operating result for 2025 is 40% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 42.3% to 39.2%. Equity and debt are higher.

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency60.8%

Current ratio2.57

Return on assets12.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on VDG ENGINEERING

Next steps

in euro

in euro

60.8%

2.57

12.1%