VECON
Annual accounts 2025
micro format, filed on 08-06-2026, 53 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €63,978 on 31-12-2025in euro
Position in the sector
65.5%
Higher than 71% of 35,119 companies in 2025.
2.31
Higher than 61% of 34,493 companies in 2025.
-69.2%
Lower than 95% of 34,694 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 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 |
63,978 | 123,961 | 195,834 | 228,222 | 180,129 | 81,517 | 148,706 | 60,995 | 48,000 | 61,337 | 71,772 | 82,551 | 98,257 | 151,196 | 202,327 | 213,050 | 156,748 | 141,305 | 75,818 | 58,796 | |
21/28 |
15,803 | 19,605 | 22,809 | 29,509 | 2,250 | 2,920 | 7,040 | 11,160 | 15,280 | 6,327 | 3,357 | 4,501 | 18,371 | 27,470 | 41,642 | 54,750 | 15,826 | 1,920 | 2,394 | 2,539 | |
22/27 |
9,803 | 17,355 | 20,559 | 27,259 | - | 2,920 | 7,040 | 11,160 | 15,280 | 6,327 | 3,357 | 4,501 | 17,546 | 26,645 | 40,817 | 53,925 | 15,001 | 1,095 | 1,569 | 1,714 | |
23 |
2,644 | 3,496 | - | - | - | 2,920 | 6,156 | 9,392 | 12,628 | 1,262 | - | - | 52 | 104 | 157 | 295 | 172 | 258 | 344 | 400 | |
24 |
7,159 | 13,859 | 20,559 | 27,259 | - | - | 884 | 1,768 | 2,652 | 5,065 | 3,357 | 4,501 | 17,494 | 26,540 | 40,660 | 53,631 | 14,829 | 837 | 1,226 | 1,314 | |
28 |
6,000 | 2,250 | 2,250 | 2,250 | 2,250 | - | - | - | - | - | - | - | 825 | 825 | 825 | 825 | 825 | 825 | 825 | 825 | |
29/58 |
48,175 | 104,356 | 173,025 | 198,713 | 177,879 | 78,597 | 141,666 | 49,835 | 32,721 | 55,010 | 68,414 | 78,050 | 79,886 | 123,727 | 160,685 | 158,299 | 140,922 | 139,385 | 73,424 | 56,257 | |
3 |
20,123 | 27,271 | 27,488 | 28,163 | 34,700 | 35,122 | 30,581 | 30,174 | 27,206 | 34,032 | 33,870 | 46,255 | 48,541 | 34,906 | 7,269 | 6,846 | 745 | 1,502 | 1,957 | 3,907 | |
30/36 |
20,123 | 27,271 | 27,488 | 28,163 | 34,700 | 35,122 | 30,581 | 30,174 | 27,206 | 34,032 | 33,870 | 46,255 | 48,541 | 34,906 | 7,269 | 6,846 | 745 | 1,502 | 1,957 | 3,907 | |
40/41 |
9,755 | 7,664 | 18,816 | 57,394 | 9,436 | 7,739 | 20,943 | 18,435 | 4,349 | 16,844 | 30,409 | 29,498 | 28,903 | 86,701 | 151,352 | 145,423 | 107,184 | 115,909 | 69,164 | 52,040 | |
40 |
6,983 | 5,824 | 15,694 | 55,721 | 6,729 | 6,729 | 20,943 | 18,251 | 2,766 | 3,731 | 7,356 | 7,468 | 3,794 | 36,808 | 98,209 | 102,478 | 76,842 | 99,954 | 54,804 | 7,162 | |
41 |
2,772 | 1,840 | 3,122 | 1,673 | 2,708 | 1,010 | - | 184 | 1,583 | 13,113 | 23,052 | 22,030 | 25,108 | 49,893 | 53,143 | 42,945 | 30,343 | 15,955 | 14,360 | 44,878 | |
50/53 |
18,109 | 69,245 | 125,908 | 112,366 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
- | - | - | - | 131,037 | 31,654 | 86,086 | - | - | - | - | - | - | - | - | 5,455 | 32,971 | 21,963 | 2,302 | 279 | |
490/1 |
187 | 177 | 812 | 790 | 2,705 | 4,082 | 4,056 | 1,226 | 1,166 | 4,134 | 4,136 | 2,296 | 2,442 | 2,119 | 2,064 | 575 | 21 | 11 | - | 30 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
63,978 | 123,961 | 195,834 | 228,222 | 180,129 | 81,517 | 148,706 | 60,995 | 48,000 | 61,337 | 71,772 | 82,551 | 98,257 | 151,196 | 202,327 | 213,050 | 156,748 | 141,305 | 75,818 | 58,796 | |
10/15 |
41,880 | 86,177 | 152,726 | 186,308 | 155,034 | 50,721 | 112,636 | 10,287 | -17,045 | 12,430 | 42,644 | 18,362 | 17,205 | 51,385 | 73,048 | 98,953 | 111,713 | 97,149 | 62,136 | 52,017 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
124,308 | 124,308 | 124,308 | 124,308 | 68,034 | 50,636 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | 15,650 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
133 |
118,108 | 118,108 | 118,108 | 118,108 | 61,834 | 44,436 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | 9,450 | |
14 |
-144,428 | -100,131 | -33,582 | - | 25,000 | -61,915 | 34,985 | -67,364 | -94,696 | -65,221 | -35,006 | -59,288 | -60,445 | -26,265 | -4,602 | 21,303 | 34,063 | 19,499 | -15,514 | -25,633 | |
17/49 |
22,098 | 37,784 | 43,108 | 41,913 | 25,095 | 30,796 | 36,070 | 50,708 | 65,046 | 48,908 | 29,127 | 64,189 | 81,052 | 99,811 | 129,279 | 114,096 | 45,035 | 44,156 | 13,682 | 6,779 | |
42/48 |
20,859 | 36,544 | 41,868 | 40,674 | 23,855 | 29,478 | 34,018 | 49,276 | 63,062 | 46,993 | 27,221 | 62,290 | 79,133 | 96,803 | 126,411 | 112,615 | 43,062 | 42,792 | 12,442 | 5,463 | |
43 |
- | - | - | - | - | - | - | 11,678 | 33,986 | 37,418 | 8,921 | 46,137 | 42,199 | 35,855 | 33,682 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 11,678 | 33,986 | 37,418 | 8,921 | 46,137 | 42,199 | 35,855 | 33,682 | - | - | - | - | - | |
44 |
2,588 | 10,280 | 306 | - | 3,571 | 5,260 | 1,652 | 3,500 | 7,056 | 2,450 | 14,023 | 4,889 | 27,262 | 50,139 | 85,973 | 106,579 | 33,069 | 37,004 | 7,474 | 2,963 | |
440/4 |
2,588 | 10,280 | 306 | - | 3,571 | 5,260 | 1,652 | 3,500 | 7,056 | 2,450 | 14,023 | 4,889 | 27,262 | 50,139 | 85,973 | 106,579 | 33,069 | 37,004 | 7,474 | 2,963 | |
45 |
- | 3,500 | 19,123 | 19,999 | 4,834 | 10,040 | 12,066 | 4,581 | 1,579 | 4,625 | 1,777 | 8,763 | 7,172 | 8,309 | 4,256 | 3,537 | 7,493 | 3,289 | 2,468 | - | |
450/3 |
- | 3,500 | 15,623 | 19,999 | 2,334 | 10,040 | 12,066 | 4,581 | 1,579 | 4,625 | 1,777 | 8,763 | 7,172 | 7,700 | 3,455 | 3,537 | 7,493 | 3,289 | 2,468 | - | |
454/9 |
- | - | 3,500 | - | 2,500 | - | - | - | - | - | - | - | - | 610 | 801 | - | - | - | - | - | |
47/48 |
18,270 | 22,764 | 22,440 | 20,675 | 15,450 | 14,177 | 20,300 | 29,517 | 20,442 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
492/3 |
1,239 | 1,239 | 1,239 | 1,239 | 1,239 | 1,319 | 2,052 | 1,432 | 1,983 | 1,915 | 1,907 | 1,899 | 1,919 | 3,008 | 2,868 | 1,481 | 1,974 | 1,364 | 1,239 | 1,315 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | 7,480 | - | - | 750 | - | 1,100 | - | 60,000 | - | - | - | - | - | - | - | - | - | |
9900 |
-36,078 | -57,554 | -25,430 | 51,501 | 135,577 | -53,971 | 114,016 | 36,519 | -19,540 | -19,480 | -30,447 | 19,386 | -7,114 | 16,664 | -22,213 | 4,566 | 46,877 | 38,114 | 10,467 | -157 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | 7,366 | 20,806 | 17,602 | - | - | - | - | - | |
630 |
7,551 | 7,461 | 6,700 | 6,241 | 2,920 | 4,120 | 4,120 | 4,120 | 5,648 | 3,028 | 2,419 | 13,046 | 14,616 | 15,672 | 16,058 | 16,337 | 7,445 | 474 | 874 | 3,331 | |
631/4 |
- | - | - | -4,307 | - | - | 412 | - | - | 5,175 | -533 | - | 2,593 | 2,413 | -32,993 | - | 19,888 | - | 1,300 | - | |
640/8 |
185 | 473 | 424 | 581 | 2,731 | 1,759 | 1,842 | 1,706 | 1,749 | 1,587 | 2,660 | 3,725 | 2,509 | 520 | 795 | 229 | 149 | 404 | 709 | 1,434 | |
66A |
- | - | - | - | - | - | - | 1,313 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-43,814 | -65,487 | -32,554 | 48,986 | 129,926 | -59,850 | 107,642 | 29,381 | -26,937 | -29,271 | -34,992 | 2,616 | -34,197 | -22,747 | -23,675 | -11,999 | 19,396 | 37,235 | 7,584 | -4,922 | |
75/76B |
501 | - | - | 1 | 1 | - | - | - | 264 | 1,383 | 1,725 | 1,905 | 3,276 | 4,838 | 233 | 181 | 70 | 1,297 | 2,684 | 201 | |
75 |
501 | - | - | 1 | 1 | - | - | - | 264 | 1,383 | 1,725 | 1,905 | 3,276 | 4,838 | 233 | 181 | 70 | 1,297 | 2,684 | 201 | |
65/66B |
984 | 1,062 | 1,028 | 2,091 | 3,425 | 2,065 | 3,252 | 2,049 | 2,801 | 2,328 | 2,450 | 3,363 | 3,259 | 3,754 | 2,464 | 941 | 1,363 | 231 | 148 | 1,773 | |
65 |
984 | 1,062 | 1,028 | 2,091 | 3,425 | 2,065 | 3,252 | 2,049 | 2,801 | 2,328 | 2,450 | 3,363 | 3,259 | 3,754 | 2,464 | 941 | 1,363 | 231 | 148 | 1,773 | |
9903 |
-44,297 | -66,548 | -33,582 | 46,897 | 126,502 | -61,915 | 104,389 | 27,332 | -29,475 | -30,215 | 24,282 | 1,157 | -34,180 | -21,663 | -25,905 | -12,759 | 18,103 | 38,301 | 10,119 | -6,495 | |
67/77 |
- | - | - | 15,623 | 22,189 | - | 2,040 | - | - | - | - | - | - | - | - | - | 3,538 | 3,289 | - | - | |
9904 |
-44,297 | -66,548 | -33,582 | 31,274 | 104,313 | -61,915 | 102,349 | 27,332 | -29,475 | -30,215 | 24,282 | 1,157 | -34,180 | -21,663 | -25,905 | -12,759 | 14,564 | 35,012 | 10,119 | -6,495 | |
9905 |
-44,297 | -66,548 | -33,582 | 31,274 | 104,313 | -61,915 | 102,349 | 27,332 | -29,475 | -30,215 | 24,282 | 1,157 | -34,180 | -21,663 | -25,905 | -12,759 | 14,564 | 35,012 | 10,119 | -6,495 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-144,428 | -100,131 | -33,582 | 56,274 | 42,398 | -26,929 | 34,985 | -67,364 | -94,696 | -65,221 | -35,006 | -59,288 | -60,445 | -26,265 | -4,602 | 21,303 | 34,063 | 19,499 | -15,514 | -25,633 | |
14P |
-100,131 | -33,582 | - | 25,000 | -61,915 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 56,274 | 17,398 | 34,985 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | 56,274 | 17,398 | 34,985 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | 0.3 | 1 | 0.9 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | 638 | 1,756 | 1,634 | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 7 older financial years (1999-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 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 08-06-2026.
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 | micro format | 08-06-2026 | 2026-00147782 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00185057 | |
| 31-12-2023 | micro format | 08-06-2024 | 2024-00116740 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00118220 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20067510 | |
| 31-12-2020 | micro format | 30-09-2021 | 2021-69600254 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48100028 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57800453 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57000218 | |
| 31-12-2016 | micro format | 28-09-2017 | 2017-64200099 | |
| 31-12-2015 | abbreviated format | 30-09-2016 | 2016-64000056 | |
| 31-12-2014 | abbreviated format | 18-06-2015 | 2015-18800446 | |
| 31-12-2013 | abbreviated format | 30-09-2014 | 2014-62800290 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-55600464 | |
| 31-12-2011 | abbreviated format | 27-09-2012 | 2012-58900443 | |
| 31-12-2010 | abbreviated format | 29-09-2011 | 2011-56500444 | |
| 31-12-2009 | abbreviated format | 20-07-2010 | 2010-32500394 | |
| 31-12-2008 | abbreviated format | 02-07-2009 | 2009-37400031 | |
| 31-12-2007 | abbreviated format | 18-09-2008 | 2008-73600123 | |
| 31-12-2006 | abbreviated format | 30-08-2007 | 2007-68000081 | |
| 31-12-2005 | abbreviated format | 04-10-2006 | 2006-83004954 | |
| 31-12-2004 | abbreviated format | 28-11-2005 | 2005-87205094 | |
| 31-12-2003 | abbreviated format | 01-10-2004 | 2004-70004738 | |
| 31-12-2002 | abbreviated format | 25-06-2003 | 2003-30800068 | |
| 31-12-2001 | abbreviated format | 27-06-2002 | 2002-29005352 | |
| 31-12-2000 | abbreviated format | 28-06-2001 | 2001-29202561 | |
| 31-12-1999 | abbreviated format | 01-09-2000 | 2000-54300973 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -36,263 | -58,026 | -25,854 | 55,227 | 132,846 | -55,730 | 111,762 | 33,501 | -21,289 | -26,242 | -32,574 | 15,661 | -19,581 | -7,075 | -7,616 | 4,338 | 26,840 | 37,710 | 8,458 | -1,591 | ||
| -36,746 | -59,088 | -26,882 | 37,515 | 107,233 | -57,795 | 106,469 | 31,452 | -23,827 | -27,187 | 26,701 | 14,203 | -19,564 | -5,991 | -9,847 | 3,578 | 22,009 | 35,487 | 10,993 | -3,163 | ||
| 3,750 | 4,256 | 0 | 33,500 | 2,250 | 0 | 0 | 0 | 14,601 | 5,998 | 1,275 | -825 | 5,518 | 1,500 | 2,950 | 55,261 | 21,351 | 0 | 730 | 1,643 | ||
| - | - | - | - | 99,383 | -54,432 | - | - | - | - | - | - | - | - | - | -27,515 | 11,008 | 19,661 | 2,023 | - | ||
| 27,316 | 67,812 | 131,156 | 158,039 | 154,023 | 49,120 | 107,647 | 559 | -30,342 | 8,018 | 41,194 | 15,760 | 752 | 26,923 | 34,274 | 45,684 | 97,860 | 96,593 | 60,982 | 50,794 | ||
| 65.5% | 69.5% | 78.0% | 81.6% | 86.1% | 62.2% | 75.7% | 16.9% | -35.5% | 20.3% | 59.4% | 22.2% | 17.5% | 34.0% | 36.1% | 46.4% | 71.3% | 68.8% | 82.0% | 88.5% | ||
| 2.31 | 2.86 | 4.13 | 4.89 | 7.46 | 2.67 | 4.16 | 1.01 | 0.52 | 1.17 | 2.51 | 1.25 | 1.01 | 1.28 | 1.27 | 1.41 | 3.27 | 3.26 | 5.90 | 10.30 | ||
| 1.34 | 2.11 | 3.48 | 4.19 | 6.00 | 1.47 | 3.27 | 0.40 | 0.09 | 0.45 | 1.27 | 0.51 | 0.40 | 0.92 | 1.21 | 1.34 | 3.26 | 3.22 | 5.74 | 9.58 | ||
| 0.53 | 0.44 | 0.28 | 0.22 | 0.16 | 0.61 | 0.32 | 4.93 | - | 3.93 | 0.68 | 3.50 | 4.71 | 1.94 | 1.77 | 1.15 | 0.40 | 0.45 | 0.22 | 0.13 | ||
| -105.8% | -77.2% | -22.0% | 16.8% | 67.3% | -122.1% | 90.9% | 265.7% | - | -243.1% | 56.9% | 6.3% | -198.7% | -42.2% | -35.5% | -12.9% | 13.0% | 36.0% | 16.3% | -12.5% | ||
| -69.2% | -53.7% | -17.1% | 13.7% | 57.9% | -76.0% | 68.8% | 44.8% | -61.4% | -49.3% | 33.8% | 1.4% | -34.8% | -14.3% | -12.8% | -6.0% | 9.3% | 24.8% | 13.3% | -11.0% | ||
| -36.87 | -54.66 | -25.14 | 26.41 | 38.78 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | - | €4,256 | - | €33,500 | - |
| Financial fixed assets | €3,750 | - | - | - | €2,250 |
| €7,551 | €7,461 | €6,700 | €6,241 | €2,920 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VECON
The operating result for 2025 is a loss of €43,814, smaller than the loss of €65,487 in 2024.
Debt's share of the balance-sheet total rises from 30.5% to 34.5%. Equity and debt are lower.