VENHOLD
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 31-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 09-02-2026, 111 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
111 d early
2024
60 d late
2023
141 d late
2022
263 d late
2021
148 d late
2020
177 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 113 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?VENHOLD · 10 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema, statutory accounts
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€2.6m▼ 15.5%
2024 · €3.0m
EBIT margin
65.6%▼ 10.0pp
2024 · 75.6%
Net result
€1.5m▼ 18.3%
2024 · €1.8m
Working capital
€10.2m▲ 15.7%
2024 · €8.8m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.0m▼ 1.5%€2.0m▲ 3.2%€2.6m▲ 26.4%€3.0m▲ 17.6%€2.6m▼ 15.5%
Operating result€1.4m▼ 4.0%€1.4m▲ 1.1%€1.8m▲ 30.8%€2.3m▲ 27.6%€1.7m▼ 26.6%
Net result€1.1m▼ 2.3%€1.2m▲ 2.9%€1.5m▲ 26.1%€1.8m▲ 23.4%€1.5m▼ 18.3%
EBIT margin68.7%▼ 1.8pp67.3%▼ 1.4pp69.6%▲ 2.4pp75.6%▲ 6.0pp65.6%▼ 10.0pp
Equity€5.1m▲ 28.1%€6.3m▲ 22.6%€7.7m▲ 23.2%€9.5m▲ 23.3%€11.0m▲ 15.4%
Total assets€5.7m▼ 31.9%€6.9m▲ 20.9%€8.5m▲ 23.1%€10.7m▲ 25.6%€14.7m▲ 37.4%
Debt€605,794▼ 86.2%€646,551▲ 6.7%€786,276▲ 21.6%€1.2m▲ 48.7%€3.7m▲ 216%
Working capital€4.6m▲ 28.7%€5.8m▲ 25.0%€7.0m▲ 21.6%€8.8m▲ 26.0%€10.2m▲ 15.7%
Staff (FTE)7.5▲ 7.1%7.4▼ 1.3%7.7▲ 4.1%5.7▼ 26.0%7.1▲ 24.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.7m
Fixed assets
€782,762 ▲ 14.0%
Current assets
€13.9m ▲ 39.0%
Equity and liabilities €14.7m
Equity
€11.0m ▲ 15.4%
Debt
€3.7m ▲ 216%
Debt's share of the balance-sheet total rises from 11.0% to 25.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.7m▼
2024 · €2.3m
Cash flow
€1.5m▼
2024 · €1.8m
Current ratio
3.77▼
2024 · 8.56
Debt to equity
0.34▲
2024 · 0.12
ROE
13.4%▼
2024 · 18.9%
ROA
10.0%▼
2024 · 16.8%
Interest coverage
14.69▼
2024 · 1783.24
Debt ≤ 1 year
€3.7m▲
2024 · €1.2m
Income taxes
€555,781▼
2024 · €687,702
Staff costs
€472,534▲
2024 · €442,582
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €2.0m | €2.1m | €2.6m | €3.1m | €2.6m | ▼ 15.0% |
| Turnover70 | €2.0m | €2.0m | €2.6m | €3.0m | €2.6m | ▼ 15.5% |
| Other operating income74 | €7,289 | €14,312 | €11,595 | €13,335 | €16,247 | ▲ 21.8% |
| Non-recurring operating income76A | - | - | - | €5,544 | €15,449 | ▲ 179% |
| Operating charges60/66A | €628,467 | €684,057 | €796,425 | €759,879 | €914,384 | ▲ 20.3% |
| Services and other goods61 | €176,956 | €188,606 | €217,907 | €255,069 | €387,894 | ▲ 52.1% |
| Remuneration, social security and pensions62 | €442,305 | €478,240 | €551,341 | €442,582 | €472,534 | ▲ 6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,855 | €3,133 | €20,285 | €41,440 | €47,572 | ▲ 14.8% |
| Other operating charges640/8 | €7,351 | €14,077 | €6,892 | €7,287 | €6,384 | ▼ 12.4% |
| Non-recurring operating charges66A | - | - | - | €13,500 | - | - |
| Operating profit (loss)9901 | €1.4m | €1.4m | €1.8m | €2.3m | €1.7m | ▼ 26.6% |
| Financial income75/76B | €142,335 | €158,606 | €160,535 | €181,390 | €452,665 | ▲ 150% |
| Recurring financial income75 | €142,335 | €158,606 | €160,535 | €181,390 | €452,665 | ▲ 150% |
| Income from current assets751 | €142,335 | €158,606 | €160,535 | €180,482 | €452,464 | ▲ 151% |
| Other financial income752/9 | - | - | €0 | €908 | €201 | ▼ 77.9% |
| Financial charges65/66B | €2,211 | €981 | €1,264 | €1,312 | €119,050 | ▲ 8,972% |
| Recurring financial charges65 | €2,211 | €981 | €1,264 | €1,312 | €119,050 | ▲ 8,972% |
| Debt charges650 | €878 | - | €67 | - | €118,001 | - |
| Other financial charges652/9 | €1,334 | €981 | €1,197 | €1,312 | €1,049 | ▼ 20.1% |
| Profit (loss) for the period before taxes9903 | €1.5m | €1.5m | €2.0m | €2.5m | €2.0m | ▼ 18.5% |
| Income taxes67/77 | €383,761 | €383,618 | €509,105 | €687,702 | €555,781 | ▼ 19.2% |
| Taxes670/3 | €383,761 | €383,618 | €509,105 | €687,702 | €555,781 | ▼ 19.2% |
| Profit (loss) for the period9904 | €1.1m | €1.2m | €1.5m | €1.8m | €1.5m | ▼ 18.3% |
| Transfer from tax-exempt reserves789 | - | €160,200 | €178,000 | €339,700 | - | - |
| Transfer to tax-exempt reserves689 | - | €336,800 | €252,600 | €336,800 | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €973,874 | €1.4m | €1.8m | €1.5m | ▼ 18.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.7m | €6.9m | €8.5m | €10.7m | €14.7m | ▲ 37.4% |
| Fixed assets21/28 | €501,465 | €500,521 | €707,689 | €686,796 | €782,762 | ▲ 14.0% |
| Intangible fixed assets21 | €13,500 | €13,500 | €13,500 | - | - | - |
| Tangible fixed assets22/27 | €5,283 | €7,564 | €150,247 | €142,854 | €238,820 | ▲ 67.2% |
| Plant, machinery and equipment23 | €5,283 | €7,564 | €4,180 | €11,136 | €8,930 | ▼ 19.8% |
| Furniture and vehicles24 | - | - | €146,067 | €131,719 | €229,890 | ▲ 74.5% |
| Financial fixed assets28 | €482,682 | €479,457 | €543,942 | €543,942 | €543,942 | = |
| Affiliated companies280/1 | €479,217 | €479,217 | €543,622 | €543,622 | €543,622 | = |
| Participating interests280 | €479,217 | €479,217 | €543,622 | €543,622 | €543,622 | = |
| Other financial fixed assets284/8 | €3,465 | €240 | €320 | €320 | €320 | = |
| Amounts receivable and cash guarantees285/8 | €3,465 | €240 | €320 | €320 | €320 | = |
| Current assets29/58 | €5.2m | €6.4m | €7.8m | €10.0m | €13.9m | ▲ 39.0% |
| Amounts receivable within one year40/41 | €4.3m | €4.1m | €6.9m | €5.4m | €13.0m | ▲ 139% |
| Trade receivables40 | €656,338 | €714,458 | €980,503 | €1.0m | €8,946 | ▼ 99.1% |
| Other amounts receivable41 | €3.6m | €3.4m | €5.9m | €4.4m | €13.0m | ▲ 193% |
| Cash at bank and in hand54/58 | €938,646 | €2.2m | €921,490 | €4.5m | €884,499 | ▼ 80.5% |
| Deferred charges and accrued income490/1 | €2,687 | €3,649 | - | €11,255 | €10,419 | ▼ 7.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.7m | €6.9m | €8.5m | €10.7m | €14.7m | ▲ 37.4% |
| Equity10/15 | €5.1m | €6.3m | €7.7m | €9.5m | €11.0m | ▲ 15.4% |
| Contributions10/11 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Capital10 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Issued capital100 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Reserves13 | €5.0m | €6.2m | €7.6m | €9.4m | €10.9m | ▲ 15.6% |
| Non-distributable reserves130/1 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Legal reserve130 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Tax-exempt reserves132 | €697,158 | €873,758 | €948,358 | €945,458 | €945,458 | = |
| Distributable reserves133 | €4.3m | €5.3m | €6.7m | €8.4m | €9.9m | ▲ 17.3% |
| Amounts payable17/49 | €605,794 | €646,551 | €786,276 | €1.2m | €3.7m | ▲ 216% |
| Amounts payable within one year42/48 | €605,794 | €646,551 | €786,276 | €1.2m | €3.7m | ▲ 215% |
| Trade debts44 | €15,927 | €25,910 | €77,304 | €103,883 | €40,881 | ▼ 60.6% |
| Suppliers440/4 | €15,927 | €25,910 | €77,304 | €103,883 | €40,881 | ▼ 60.6% |
| Taxes, remuneration and social security45 | €589,867 | €620,641 | €708,972 | €1.1m | €421,140 | ▼ 60.3% |
| Taxes450/3 | €502,400 | €536,322 | €640,516 | €988,917 | €316,842 | ▼ 68.0% |
| Remuneration and social security454/9 | €87,467 | €84,319 | €68,456 | €73,106 | €104,298 | ▲ 42.7% |
| Other amounts payable47/48 | - | - | - | - | €3.2m | - |
| Accrued charges and deferred income492/3 | - | - | - | €3,239 | €19,371 | ▲ 498% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €1.2m | €1.5m | €1.8m | €1.5m | ▼ 18.3% |
| + Depreciation and write-downs630 | €1,855 | €3,133 | €20,285 | €41,440 | €47,572 | ▲ 14.8% |
| Operating cash flow (approximation) | €1.1m | €1.2m | €1.5m | €1.8m | €1.5m | ▼ 17.5% |
| Investment in fixed assets (approximation) | - | -€2,190 | -€227,452 | -€20,547 | -€143,538 | ▼ 599% |
| Change in cash | - | €1.3m | -€1.3m | €3.6m | -€3.7m | ▼ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
11-02
State Gazette act
Restructuring · End & cessationDemerger · Dissolution · Accounting effect6 facts ▸
State Gazette act
Restructuring · End & cessation
Demerger · Dissolution · Accounting effect6 facts ▸
- General meeting, 31-12-2025
- Demerger, splitsing door overneming, 23400
- Demerger, splitsing door overneming, 24300
- Dissolution, 31-12-2025
- Accounting effect, 01-11-2025
- Power of attorney, VENHOLD
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated · 60 days late
31-10
Financial
Equity above €10mEq €11.0m ▲15.4%
8 profitable years in a row build equity to €11.0m.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated · 141 days late
2024
31-12
Financial
Highest result since 2018net €1.8m ▲23.4%
Operating result €2.3m, net result €1.8m, both a record.
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 141 days late
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated · 263 days late
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 263 days late
2023
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated · 148 days late
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 148 days late
Show earlier events
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 177 days late
2021
31-12
Financial
Liquidity times 5current ratio 8.59
Current ratio from 1.81 to 8.59; short-term debt falls from €4.4m to €605,794.
31-12
Financial
Equity above €5mEq €5.1m ▲28.1%
4 profitable years in a row build equity to €5.1m.
2019
31-12
Financial
Liquidity doublescurrent ratio 6.23
Current ratio from 2.52 to 6.23; short-term debt falls from €1.0m to €464,929.
31-12
Financial
Equity above €2mEq €2.8m ▲42.9%
2 profitable years in a row build equity to €2.8m.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Heads the group
VENHOLD
10 companies
Group, risk and exposure
Owners and holdings
9 holdingsOwners 0
The accounts to 31-10-2025 list no shareholders, and no other source names one.
Holdings 9
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97%
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97%
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97%
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97%
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97%
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97%
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97%
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97%
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52.5%
According to the annual accounts to 31-10-2025 of VENHOLD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.