VDV IMMO

Absorbed by Albeton KBO/BCE: BE 0806.379.905 subsidiary of Albeton

VDV IMMO

Financial year 2024

Follow Report

Annual accounts 2024

abbreviated format, filed on 25-06-2025, 36 days before the deadline

€391,822

▲ 14.5%

€122,600

▼ 31.0%

€54,736

▼ 45.5%

-€486,096

▼ €283,879

33.0%

▲ 1.1 percentage points

0.06

▼ 0.28

Turnover 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 ≈ €920,000. Estimated: probably between €560,000 and €1.6m.

Balance sheet

balance sheet total €4.1m on 31-12-2024

What the company ownsHow it is paid for

in €m

in euro

Filed annual accounts

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

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
`20/58`	4.1m	4.1m	4.2m	3.6m	3.3m	3.2m	3.2m	3.2m	3.1m	3.2m	3.3m	3.4m	3.5m	3.5m	2.8m	2.9m
`21/28`	4.0m	4.0m	3.9m	3.3m	2.7m	2.7m	2.8m	2.8m	2.8m	2.9m	2.9m	3.0m	3.0m	3.0m	2.2m	2.3m
`22/27`	4.0m	3.9m	3.9m	3.3m	2.7m	2.7m	2.8m	2.8m	2.8m	2.9m	2.9m	3.0m	3.0m	3.0m	2.2m	2.3m
`22`	4.0m	3.9m	3.9m	2.9m	2.7m	2.7m	2.8m	2.8m	2.8m	2.9m	2.9m	3.0m	3.0m	3.0m	2.2m	2.3m
`23`	66,324	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`27`	-	-	-	410,761	-	-	-	-	-	-	-	-	-	-	-	-
`28`	2,800	2,800	3,300	3,300	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	31,301	102,515	285,579	335,690	597,370	518,885	457,743	414,550	264,559	281,149	345,130	403,223	463,090	497,837	583,007	617,886
`29`	-	-	-	-	-	-	-	21,503	103,382	179,026	231,955	297,807	358,645	414,848	466,773	514,743
`291`	-	-	-	-	-	-	-	21,503	103,382	179,026	231,955	297,807	358,645	414,848	466,773	514,743
`40/41`	25,100	17,451	-	1,870	-	7,417	29,034	330,277	133,586	76,161	67,245	60,862	84,750	52,173	64,110	57,294
`40`	998	-	-	-	-	-	113	248,398	57,943	42	1,393	24	6,439	107	15,854	12,782
`41`	24,102	17,451	-	1,870	-	7,417	28,920	81,879	75,644	76,119	65,852	60,838	78,311	52,066	48,255	44,512
`54/58`	5,037	78,723	282,004	329,860	597,308	509,911	426,767	54,233	24,010	25,962	45,929	44,554	16,843	30,063	51,825	45,613
`490/1`	1,164	6,342	3,575	3,960	62	1,557	1,942	8,536	3,581	-	-	-	2,852	752	300	235
Balance sheet: equity and liabilities
`10/49`	4.1m	4.1m	4.2m	3.6m	3.3m	3.2m	3.2m	3.2m	3.1m	3.2m	3.3m	3.4m	3.5m	3.5m	2.8m	2.9m
`10/15`	1.3m	1.3m	1.2m	1.0m	859,314	699,726	549,559	400,220	234,714	216,090	196,904	178,341	165,918	164,541	147,856	137,833
`10/11`	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000
`100`	-	-	-	-	-	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000
`13`	657,126	657,126	657,126	499,432	324,755	165,167	15,000	12,618	4,343	3,412	2,452	1,524	903	834	-	-
`130/1`	-	-	-	15,000	15,000	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	15,000	15,000	12,618	4,343	3,412	2,452	1,524	903	834	-	-
`1311`	-	-	-	15,000	15,000	-	-	-	-	-	-	-	-	-	-	-
`133`	657,126	657,126	657,126	484,432	309,755	150,167	-	-	-	-	-	-	-	-	-	-
`14`	539,768	485,032	384,559	384,559	384,559	384,559	384,559	237,602	80,371	62,679	44,451	26,817	15,015	13,707	-2,144	-12,167
`17/49`	2.7m	2.8m	3.0m	2.6m	2.4m	2.5m	2.7m	2.8m	2.9m	2.9m	3.1m	3.2m	3.3m	3.4m	2.7m	2.8m
`17`	2.2m	2.4m	2.7m	2.0m	2.2m	2.3m	2.5m	-	-	2.8m	2.9m	3.0m	3.2m	3.3m	2.6m	2.7m
`170/4`	2.2m	2.4m	2.7m	2.0m	2.2m	2.3m	2.5m	-	-	2.8m	2.9m	3.0m	3.2m	3.3m	2.6m	2.7m
`42/48`	517,397	304,733	281,809	575,970	224,353	200,879	165,405	2.8m	2.9m	122,946	146,240	137,692	134,183	103,118	105,152	96,186
`42`	249,245	239,675	234,972	174,024	170,345	166,744	163,220	-	-	102,458	127,787	118,384	109,678	101,687	79,950	73,861
`43`	-	-	2,227	-	-	-	-	2.8m	2.8m	-	-	-	-	-	-	-
`430/8`	-	-	2,227	-	-	-	-	242	2.8m	-	-	-	-	-	-	-
`439`	-	-	-	-	-	-	-	2.8m	-	-	-	-	-	-	-	-
`44`	3,325	65,058	40,078	399,796	278	1,720	2,185	2,030	58,552	1,144	378	569	6,478	821	15,904	13,402
`440/4`	3,325	65,058	40,078	399,796	278	1,720	2,185	2,030	58,552	1,144	378	569	6,478	821	15,904	13,402
`46`	-	-	-	-	-	499	-	-	-	644	632	631	625	610	592	-
`45`	3,277	-	4,533	2,150	53,730	31,915	-	4,936	1,331	18,699	17,443	18,108	17,401	-	8,706	8,923
`450/3`	3,277	-	4,533	2,150	53,730	31,915	-	4,936	1,331	18,699	17,443	18,108	17,401	-	8,706	8,923
`47/48`	261,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`492/3`	25,275	20,346	21,090	25,489	25,571	2,720	3,393	848	3,225	-	-	-	-	93	-	-
Income statement
`9900`	391,822	342,201	395,110	373,984	390,197	391,653	374,514	375,281	114,992	363,364	365,867	357,560	348,080	271,619	262,388	267,900
`630`	148,682	117,492	99,628	69,152	42,918	42,918	42,918	42,879	42,584	42,584	42,584	42,584	42,584	26,770	26,084	34,778
`631/4`	47,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`640/8`	73,041	47,013	65,599	46,187	62,065	58,981	66,634	60,307	59,487	60,037	59,922	59,388	57,201	40,555	35,824	34,660
`9901`	122,600	177,697	229,883	258,645	285,214	289,754	264,962	272,095	12,922	260,744	263,361	255,588	248,296	204,294	200,480	198,461
`75/76B`	-	2,410	-	12,065	107	153	4,717	11,257	16,454	21,900	26,989	31,584	35,966	40,714	44,052	49,822
`75`	-	2,410	-	12,065	107	153	4,717	11,257	16,454	21,900	26,989	31,584	35,966	40,714	44,052	49,822
`65/66B`	49,619	51,981	56,420	48,883	51,488	55,325	57,757	32,911	2,420	255,230	264,645	273,510	282,885	228,322	234,509	260,450
`65`	49,619	51,981	56,420	48,883	51,488	55,325	57,757	32,911	2,420	255,230	264,645	273,510	282,885	228,322	234,509	260,450
`9903`	72,981	128,126	173,463	221,827	233,833	234,582	211,922	250,442	26,956	27,413	25,705	13,662	1,377	16,686	10,022	-12,167
`67/77`	18,245	27,652	15,769	47,150	74,245	84,415	62,583	84,936	8,332	8,227	7,143	1,239	-	-	-	-
`9904`	54,736	100,473	157,694	174,677	159,588	150,167	149,339	165,506	18,624	19,187	18,562	12,423	1,377	16,686	10,022	-12,167
`9905`	54,736	100,473	157,694	174,677	159,588	150,167	149,339	165,506	18,624	19,187	18,562	12,423	1,377	16,686	10,022	-12,167
Appropriation of the result
`9906`	539,768	485,032	542,253	559,236	544,147	534,726	386,941	245,877	81,303	63,638	45,380	27,438	15,084	14,541	-2,144	-12,167
`14P`	485,032	384,559	384,559	384,559	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	157,694	174,677	159,588	150,167	2,382	8,275	931	959	928	621	69	834	-	-
`6920`	-	-	-	-	-	-	2,382	8,275	931	959	928	621	69	834	-	-
`6921`	-	-	157,694	174,677	159,588	150,167	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 15 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 2024 (PDF), filed on 25-06-2025.

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
31-12-2024	abbreviated format	25-06-2025	2025-00178839	PDF
31-12-2023	micro format	01-07-2024	2024-00202469	PDF
31-12-2022	micro format	29-06-2023	2023-00184281	PDF
31-12-2021	micro format	01-07-2022	2022-20117948	PDF
31-12-2020	micro format	17-06-2021	2021-21300071	PDF
31-12-2019	micro format	03-07-2020	2020-26200580	PDF
31-12-2018	micro format	27-06-2019	2019-25700560	PDF
31-12-2017	micro format	04-07-2018	2018-29300380	PDF
31-12-2016	abbreviated format	16-06-2017	2017-19000192	PDF
31-12-2015	abbreviated format	23-06-2016	2016-23400014	PDF
31-12-2014	abbreviated format	23-06-2015	2015-21400532	PDF
31-12-2013	abbreviated format	30-06-2014	2014-24900335	PDF
31-12-2012	abbreviated format	13-06-2013	2013-18200166	PDF
31-12-2011	abbreviated format	21-06-2012	2012-21900508	PDF
31-12-2010	abbreviated format	08-06-2011	2011-15600416	PDF
31-12-2009	abbreviated format	08-06-2010	2010-16700368	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
271,282	295,188	329,511	327,797	328,132	332,672	307,880	314,975	55,505	303,327	305,945	298,172	290,880	231,064	226,563	233,240
203,417	217,965	257,322	243,829	202,506	193,085	192,257	208,385	61,208	61,770	61,146	55,007	43,960	43,456	36,106	22,612
247,752	184,033	705,028	683,020	0	0	0	3,341	0	0	0	0	0	825,000	0	2.3m
-73,686	-203,281	-47,856	-267,448	87,398	83,144	372,534	30,224	-1,952	-19,967	1,375	27,710	-13,220	-21,761	6,211	-
-486,096	-202,217	3,770	-240,280	373,017	318,006	292,338	-2.4m	-2.6m	158,203	198,890	265,531	328,908	394,718	477,855	521,699
33.0%	31.9%	28.6%	28.6%	26.3%	21.7%	17.1%	12.5%	7.6%	6.8%	6.0%	5.3%	4.8%	4.6%	5.2%	4.8%
0.06	0.34	1.01	0.58	2.66	2.58	2.77	0.15	0.09	2.29	2.36	2.93	3.45	4.83	5.54	6.42
2.03	2.14	2.50	2.50	2.80	3.61	4.84	7.02	12.20	13.61	15.57	17.86	19.89	20.54	18.15	19.98
4.1%	7.8%	13.2%	16.9%	18.6%	21.5%	27.2%	41.4%	7.9%	8.9%	9.4%	7.0%	0.8%	10.1%	6.8%	-8.8%
1.3%	2.5%	3.8%	4.8%	4.9%	4.7%	4.7%	5.2%	0.6%	0.6%	0.6%	0.4%	0.0%	0.5%	0.4%	-0.4%
5.47	5.68	5.84	6.71	-	-	-	-	-	-	-	-	-	-	-	-

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.

Securities and guarantees

on own assets and for others

Item	2024	2023	2022	2021
Debts secured on the company's own assets	€2.4m	-	-	-
Mortgages, amount registered	€500,000	€500,000	€500,000	€500,000
	€2.7m	€2.7m	€2.7m	€2.3m
Carrying value of the mortgaged assets	€2.5m	€2.5m	€2.6m	€2.6m

Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2024	2023	2022	2021
Tangible fixed assets	€247,752	€184,033	€705,028	€679,720
Financial fixed assets	-	-	-	€3,300
	€148,682	€117,492	€99,628	€69,152

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on VDV IMMO

The operating result for 2024 is 31% lower than in 2023 and the lowest since 2016. It is the fifth fall in a row.

Debt's share of the balance-sheet total falls from 68.1% to 67.0%. Equity is higher and debt is lower.