VILSEC (0414.926.210): financials and annual accounts

VILSEC

Brussels ·KBO/BCE: BE 0414.926.210

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	490,504	518,013	536,496	536,756	514,621	505,847	503,980	530,039	407,964	393,076	405,381	187,420	184,041	196,790	188,437	186,807	185,198	185,519	180,485	180,364
Fixed assets`21/28`	490,504	507,984	525,464	650	650	650	650	400	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	489,854	507,334	524,814	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Land and buildings`22`	205,136	206,346	207,556	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	284,718	300,988	317,258	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	650	650	650	650	650	650	650	400	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	-	10,029	11,032	536,106	513,971	505,197	503,330	529,639	407,964	393,076	405,381	187,420	184,041	196,790	188,437	186,807	185,198	185,519	180,485	180,364
Stocks and contracts in progress`3`	-	-	-	533,553	513,962	497,197	497,197	497,197	407,197	183,961	183,961	183,961	183,961	183,961	183,961	183,961	183,961	183,961	149,876	149,876
Stocks`30/36`	-	-	-	533,553	513,962	497,197	497,197	497,197	407,197	183,961	183,961	183,961	183,961	183,961	183,961	183,961	183,961	183,961	149,876	149,876
Amounts receivable within one year`40/41`	-	10,029	10,029	-	-	8,000	6,121	31,810	420	-	-	3,261	-	12,045	4,187	2,310	1,016	1,079	428	457
Trade receivables`40`	-	-	-	-	-	-	-	10,315	-	-	-	412	-	10,137	-	-	-	-	-	-
Other amounts receivable`41`	-	10,029	10,029	-	-	8,000	6,121	21,494	420	-	-	2,848	-	1,908	4,187	2,310	1,016	1,079	428	457
Cash at bank and in hand`54/58`	-	-	1,003	2,553	9	-	12	632	347	1,536	726	198	80	784	288	536	221	478	30,181	30,031
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	-	-	-	207,579	220,694	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	490,504	518,013	536,496	536,756	514,621	505,847	503,980	530,039	407,964	393,076	405,381	187,420	184,041	196,790	188,437	186,807	185,198	185,519	180,485	180,364
Equity`10/15`	-158,562	-125,580	-109,911	-117,665	-117,514	-109,055	-108,150	-77,095	-60,892	-169,751	-154,043	-126,719	-107,360	-90,487	-91,603	-74,433	-61,085	-57,121	-53,455	-48,351
Contributions`10/11`	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Issued capital`100`	-	-	-	-	-	-	-	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Reserves`13`	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
Non-distributable reserves`130/1`	1,859	1,859	1,859	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
Reserves not available under the articles`1311`	1,859	1,859	1,859	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-179,013	-146,031	-130,362	-138,116	-137,965	-129,506	-128,601	-97,546	-81,343	-190,202	-174,494	-147,170	-127,811	-110,938	-112,054	-94,884	-81,536	-77,572	-73,906	-68,802
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	123,213	131,589	139,815	139,815	139,815	139,815	139,815	139,815	139,815	139,815	139,815
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	123,213	131,589	139,815	139,815	139,815	139,815	139,815	139,815	139,815	139,815	139,815
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	-	-	123,213	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	649,066	643,593	646,407	654,421	632,135	614,902	612,130	607,134	468,857	439,614	427,835	174,324	151,586	147,462	140,225	121,425	106,468	102,825	94,125	88,899
Amounts payable after more than one year`17`	621,118	621,118	572,017	524,215	524,215	557,216	429,236	438,181	447,032	199,036	212,134	-	-	-	-	-	-	-	-	-
Financial debts`170/4`	621,118	621,118	572,017	524,215	524,215	557,216	429,236	438,181	447,032	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	199,036	212,134	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	27,948	22,475	74,390	130,206	107,920	57,338	182,894	168,952	20,127	240,578	215,701	174,324	151,586	147,462	140,225	121,425	106,468	102,825	94,125	88,899
Current portion of amounts payable after more than one year`42`	-	-	37,895	37,895	43,895	-	8,946	8,886	8,714	8,543	8,560	-	-	-	-	-	-	-	-	-
Financial debts`43`	-	-	-	-	-	615	-	-	296	296	251	-	1,892	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	615	-	-	296	296	251	-	1,892	-	-	-	-	-	-	-
Trade debts`44`	-	10,119	24,139	11,460	-	-	116,281	116,866	11,116	1,021	2,400	10,185	1,431	1,431	5,462	5,462	5,205	5,462	5,462	5,667
Suppliers`440/4`	-	10,119	24,139	11,460	-	-	116,281	116,866	11,116	1,021	2,400	10,185	1,431	1,431	5,462	5,462	5,205	5,462	5,462	5,667
Taxes, remuneration and social security`45`	-	12,111	12,111	-	-	-	-	-	-	-	88	-	232	-	-	-	-	-	-	-
Taxes`450/3`	-	12,111	12,111	-	-	-	-	-	-	-	88	-	232	-	-	-	-	-	-	-
Other amounts payable`47/48`	27,948	245	245	80,851	64,025	56,723	57,667	43,201	-	230,717	204,402	164,139	148,031	146,031	134,763	115,963	101,263	97,363	88,663	83,233
Accrued charges and deferred income`492/3`	-	-	-	-	-	348	-	-	1,698	-	-	-	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	946	-	-
Gross operating margin`9900`	-15,000	1,881	19,671	-	-	-529	-5,308	-15,567	-3,520	-6,764	-1,041	-20,084	-11,932	2,397	-16,482	-12,440	-3,159	-4,056	-4,497	-452
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	17,480	17,480	8,740	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-114,670	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	502	-	472	-	8,347	348	25,596	351	348	6,119	17,507	475	4,775	1,146	556	777	681	548	547	666
Operating profit (loss)`9901`	-32,982	-15,599	10,459	-	-8,347	-877	-30,904	-15,918	110,803	-12,883	-18,548	-20,559	-16,707	1,251	-17,038	-13,217	-3,840	-4,604	-5,043	-1,118
Financial income`75/76B`	-	-	-	-	-	-	-	2	-	0	-	1,431	-	-	-	-	-	273	477	400
Recurring financial income`75`	-	-	-	-	-	-	-	2	-	0	-	1,431	-	-	-	-	-	273	477	400
Financial charges`65/66B`	-	70	120	151	112	28	151	286	1,944	2,825	8,777	230	166	135	132	130	125	281	538	460
Recurring financial charges`65`	-	70	120	151	112	28	151	286	1,944	2,825	8,777	230	166	135	132	130	125	281	538	460
Profit (loss) for the period before taxes`9903`	-32,982	-15,669	10,339	-151	-8,459	-905	-31,055	-16,203	108,859	-15,708	-27,324	-19,359	-16,873	1,116	-17,170	-13,347	-3,964	-3,666	-5,104	-1,178
Income taxes`67/77`	-	-	2,585	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	-32,982	-15,669	7,754	-151	-8,459	-905	-31,055	-16,203	108,859	-15,708	-27,324	-19,359	-16,873	1,116	-17,170	-13,347	-3,964	-3,666	-5,104	-1,178
Profit (loss) for the period to be appropriated`9905`	-32,982	-15,669	7,754	-151	-8,459	-905	-31,055	-16,203	108,859	-15,708	-27,324	-19,359	-16,873	1,116	-17,170	-13,347	-3,964	-3,666	-5,104	-1,178
Appropriation of the result
Profit (loss) to be appropriated`9906`	-179,013	-146,031	-130,362	-138,116	-137,965	-129,506	-128,601	-97,546	-81,343	-190,202	-174,494	-147,170	-127,811	-110,938	-112,054	-94,884	-81,536	-77,572	-73,906	-68,802
Profit (loss) brought forward from the previous period`14P`	-146,031	-130,362	-138,116	-137,965	-129,506	-128,601	-97,546	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	19-10-2026	2026-00566316	PDF
31-12-2024	micro format	26-06-2025	2025-00192102	PDF
31-12-2023	micro format	26-06-2025	2025-00204178	PDF
31-12-2022	micro format	14-01-2025	2025-00007625	PDF
31-12-2021	micro format	14-01-2025	2025-00007629	PDF
31-12-2020	micro format	14-01-2025	2025-00007634	PDF
31-12-2019	micro format	14-01-2025	2025-00007642	PDF
31-12-2018	micro format	23-08-2019	2019-49000437	PDF
31-12-2017	micro format	24-09-2018	2018-63800500	PDF
31-12-2016	full format	03-07-2017	2017-26900524	PDF
31-12-2015	full format	27-06-2016	2016-23500174	PDF
31-12-2014	full format	29-06-2015	2015-24600465	PDF
31-12-2013	full format	24-07-2014	2014-34200196	PDF
31-12-2012	full format	08-07-2013	2013-28100245	PDF
31-12-2011	full format	03-07-2012	2012-25300078	PDF
31-12-2010	full format	29-06-2011	2011-23000360	PDF
31-12-2009	full format	28-06-2010	2010-22900139	PDF
31-12-2008	full format	29-06-2009	2009-31800025	PDF
31-12-2007	full format	30-06-2008	2008-32500285	PDF
31-12-2006	full format	02-07-2007	2007-33400389	PDF
31-12-2005	full format	04-07-2006	2006-40103114	PDF
31-12-2004	full format	28-06-2005	2005-35302652	PDF
31-12-2003	full format	08-07-2004	2004-42403078	PDF
31-12-2002	full format	15-07-2003	2003-44500860	PDF
31-12-2001	full format	08-08-2002	2002-46501014	PDF
31-12-2000	full format	03-08-2001	2001-47803685	PDF
31-12-1999	full format	20-07-2000	2000-44404065	PDF
31-12-1998	full format	23-11-1999	1999-59801114	PDF
31-12-1997	full format	03-07-1998	1998-28704206	PDF
31-12-1996	full format	27-06-1997	1997-22101482	PDF
31-12-1995	full format	25-07-1996	1996-36601466	PDF
31-12-1994	full format	20-07-1995	1995-41103911	PDF
31-12-1993	full format	04-08-1994	1994-34700248	PDF
31-12-1992	full format	23-07-1993	1993-28701601	PDF
31-12-1991	full format	31-07-1992	1992-26502847	PDF
31-12-1990	full format	07-08-1991	1991-21700416	PDF
31-12-1989	full format	26-09-1990	1990-24502325	PDF
31-12-1988	full format	08-09-1989	1989-21803267	PDF
31-12-1987	full format	22-08-1988	1988-19102184	PDF
31-12-1986	full format	10-07-1987	1987-16600050	PDF
31-12-1985	full format	17-09-1986	1986-38300121	PDF
31-12-1984	full format	07-03-1986	1986-02700733	PDF
31-12-1983	unclassified schema	20-09-1984	1984-13300155	PDF
31-12-1982	unclassified schema	04-11-1983	1983-13501450	PDF
31-12-1981	unclassified schema	16-07-1982	1982-09402154	PDF
31-12-1980	unclassified schema	02-07-1981	1981-07900230	PDF
31-12-1979	unclassified schema	04-07-1980	1980-08102246	PDF
31-12-1978	unclassified schema	27-07-1979	1979-09601175	PDF
31-12-1977	unclassified schema	31-07-1978	1978-05901187	PDF
31-12-1976	unclassified schema	19-12-1978	1978-09000241	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-15,502	1,881	19,199	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flow	-15,502	1,811	16,494	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in fixed assets (approximation)	0	0	533,554	-	-	-	250	400	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash	-	-	-1,550	2,544	-	-	-620	285	-1,189	810	528	118	-704	496	-247	315	-258	-29,703	150	-
Working capital	-	-12,446	-63,358	405,900	406,051	447,859	320,436	360,686	387,837	152,498	189,681	13,096	32,455	49,328	48,212	65,382	78,730	82,694	86,360	91,464
Solvency	-32.3%	-24.2%	-20.5%	-21.9%	-22.8%	-21.6%	-21.5%	-14.5%	-14.9%	-43.2%	-38.0%	-67.6%	-58.3%	-46.0%	-48.6%	-39.8%	-33.0%	-30.8%	-29.6%	-26.8%
Current ratio	-	0.45	0.15	4.12	4.76	8.81	2.75	3.13	20.27	1.63	1.88	1.08	1.21	1.33	1.34	1.54	1.74	1.80	1.92	2.03
Quick ratio	-	0.45	0.15	0.02	0.00	0.14	0.03	0.19	0.04	0.87	1.03	0.02	0.00	0.09	0.03	0.02	0.01	0.02	0.33	0.34
ROA	-6.7%	-3.0%	1.4%	0.0%	-1.6%	-0.2%	-6.2%	-3.1%	26.7%	-4.0%	-6.7%	-10.3%	-9.2%	0.6%	-9.1%	-7.1%	-2.1%	-2.0%	-2.8%	-0.7%
Interest coverage	-	26.87	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€533,554	-	-
Depreciation and write-downs of the year	€17,480	€17,480	€8,740	-	-

VILSEC

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cash

Filed annual accounts

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