VDWS
Annual accounts 2025
micro format, filed on 18-02-2026, 163 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 €110,000 and €340,000.
Balance sheet
balance sheet total €114,205 on 31-12-2025Position in the sector
17.3%
Higher than 20% of 1,703 companies in 2025.
0.42
Higher than 5% of 1,665 companies in 2025.
12.9%
Higher than 54% of 1,670 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
114,205 | |
21/28 |
88,813 | |
22/27 |
88,813 | |
23 |
66,312 | |
24 |
22,501 | |
29/58 |
25,391 | |
40/41 |
18,308 | |
40 |
18,308 | |
54/58 |
6,980 | |
490/1 |
104 | |
| Balance sheet: equity and liabilities | ||
10/49 |
114,205 | |
10/15 |
19,756 | |
10/11 |
5,000 | |
13 |
14,756 | |
133 |
14,756 | |
17/49 |
94,448 | |
17 |
33,657 | |
170/4 |
33,657 | |
42/48 |
60,792 | |
42 |
11,322 | |
44 |
25,974 | |
440/4 |
25,974 | |
45 |
4,385 | |
450/3 |
4,385 | |
47/48 |
19,111 | |
| Income statement | ||
9900 |
46,744 | |
630 |
16,764 | |
640/8 |
1,512 | |
66A |
5,041 | |
9901 |
23,426 | |
65/66B |
6,319 | |
65 |
6,319 | |
9903 |
17,107 | |
67/77 |
2,351 | |
9904 |
14,756 | |
9905 |
14,756 | |
| Appropriation of the result | ||
9906 |
14,756 | |
691/2 |
14,756 | |
6921 |
14,756 | |
| Document | ||
The notes to these accounts have 11 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 18-02-2026.
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 | micro format | 18-02-2026 | 2026-00040228 |
Subsidies and aid
Flemish government 2024 to 2025, 2 entries, €1,165 awarded, €1,165 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,106 | €1,165 |
| 2024 | 1 | €59 | €0 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 40,191 | ||
| 31,521 | ||
| 105,578 | ||
| -35,400 | ||
| 17.3% | ||
| 0.42 | ||
| 4.78 | ||
| 74.7% | ||
| 12.9% | ||
| 6.36 |
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 |
|---|---|
| Tangible fixed assets | €105,577 |
| Intangible fixed assets | €1 |
| €16,764 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on VDWS
Debt's share of the balance-sheet total is 82.7%.