VINDEVOGEL CONSTRUCT
Annual accounts 2025
full format, filed on 08-06-2026, 53 days before the deadlineMoney flows
of every €100 of turnover, €1.51 remains as profit in 2025Balance sheet
balance sheet total €47,836 on 31-12-2025in euro
in euro
Position in the sector
90.1%
Higher than 95% of 2,463 companies in 2025.
8.47
Higher than 94% of 2,436 companies in 2025.
7.0%
Higher than 61% of 2,454 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
47,836 | 47,727 | 40,714 | 42,063 | 37,190 | 38,042 | |
21/28 |
7,900 | - | 2,465 | 3,841 | 5,941 | - | |
22/27 |
7,900 | - | 2,465 | 3,841 | 5,941 | - | |
24 |
7,900 | - | 2,465 | 3,841 | 5,941 | - | |
29/58 |
39,936 | 47,727 | 38,248 | 38,222 | 31,249 | 38,042 | |
29 |
- | - | 0 | 0 | - | - | |
3 |
- | - | 0 | 0 | - | - | |
40/41 |
36,678 | 43,307 | 32,058 | 35,665 | 28,846 | 34,861 | |
40 |
28,714 | 43,307 | 29,425 | 31,975 | 28,846 | 31,896 | |
41 |
7,963 | - | 2,633 | 3,690 | 0 | 2,965 | |
54/58 |
3,258 | 4,420 | 6,190 | 2,557 | 2,403 | 3,182 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
47,836 | 47,727 | 40,714 | 42,063 | 37,190 | 38,042 | |
10/15 |
43,120 | 39,792 | 37,383 | 34,577 | 29,758 | 16,190 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
10 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | - | |
100 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
13 |
- | - | 0 | 0 | - | - | |
130/1 |
- | - | 0 | 0 | - | - | |
14 |
40,620 | 37,292 | 34,883 | 32,077 | 27,258 | 13,690 | |
16 |
- | - | 0 | 0 | - | - | |
160/5 |
- | - | 0 | 0 | - | - | |
17/49 |
4,716 | 7,935 | 3,331 | 7,486 | 7,432 | 21,852 | |
17 |
- | - | 0 | 0 | - | - | |
170/4 |
- | - | 0 | 0 | - | - | |
42/48 |
4,716 | 7,935 | 3,331 | 7,486 | 7,432 | 21,852 | |
43 |
- | - | 0 | 0 | 8 | 1,463 | |
430/8 |
- | - | - | 0 | 8 | 1,463 | |
44 |
4,644 | 6,518 | - | 7,486 | 7,193 | 20,389 | |
440/4 |
4,644 | 6,518 | - | 7,486 | 7,193 | 20,389 | |
45 |
72 | 1,417 | 1,382 | 0 | 231 | - | |
450/3 |
72 | - | 1,382 | 0 | 231 | 0 | |
454/9 |
- | 1,417 | 0 | 0 | 0 | - | |
47/48 |
- | - | 1,949 | - | - | - | |
| Income statement | |||||||
70 |
220,442 | - | 193,239 | 178,893 | 586,255 | 236,847 | |
76A |
- | - | 0 | 0 | 0 | 0 | |
9900 |
8,176 | 9,420 | 21,708 | 12,921 | 27,646 | 12,778 | |
60/61 |
21,266 | 116,254 | 171,532 | 165,971 | 558,609 | 224,069 | |
62 |
72 | 15 | 0 | 1,508 | 1 | 546 | |
630 |
3,950 | 2,465 | 2,457 | 2,100 | 2,100 | - | |
640/8 |
628 | 611 | 3,016 | 616 | 2,902 | 359 | |
66A |
- | - | 0 | 0 | 0 | 0 | |
9901 |
3,525 | 6,329 | 16,234 | 8,697 | 22,643 | 11,873 | |
75/76B |
36 | - | 209 | 0 | - | - | |
75 |
36 | - | 209 | - | - | - | |
76B |
- | - | 0 | 0 | 0 | 0 | |
65/66B |
49 | - | 5,504 | 3,879 | 9,075 | 45 | |
65 |
49 | - | 5,504 | 3,879 | 9,075 | 45 | |
66B |
- | - | 0 | 0 | 0 | 0 | |
9903 |
3,512 | 6,329 | 10,939 | 4,818 | 13,568 | 11,827 | |
67/77 |
184 | 3,920 | 8,132 | - | - | - | |
9904 |
3,328 | 2,409 | 2,806 | 4,818 | 13,568 | 11,827 | |
9905 |
3,328 | 2,409 | 2,806 | 4,818 | 13,568 | 11,827 | |
| Appropriation of the result | |||||||
9906 |
40,620 | 37,292 | 2,806 | 32,077 | 27,258 | 13,690 | |
14P |
37,292 | 34,883 | - | 27,258 | 13,690 | - | |
691/2 |
- | - | - | 0 | - | - | |
794 |
- | - | 32,077 | - | - | - | |
694/7 |
- | - | - | 0 | - | - | |
| Document | |||||||
The notes to these accounts have 4 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 | full format | 08-06-2026 | 2026-00151419 | |
| 31-12-2024 | full format | 25-06-2025 | 2025-00193057 | |
| 31-12-2023 | full format | 03-07-2024 | 2024-00216944 | |
| 31-12-2022 | full format | 06-07-2023 | 2023-00231091 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20114963 | |
| 31-12-2020 | full format | 28-07-2021 | 2021-44100144 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 7,475 | 8,794 | 18,691 | 10,797 | 24,743 | - | ||
| 7,278 | 4,875 | 5,264 | 6,918 | 15,668 | - | ||
| 11,850 | 0 | 1,082 | 0 | 8,041 | - | ||
| -1,162 | -1,770 | 3,633 | 154 | -778 | - | ||
| 35,220 | 39,792 | 34,917 | 30,736 | 23,817 | 16,190 | ||
| 1.6% | - | 8.4% | 4.9% | 3.9% | 5.0% | ||
| 90.1% | 83.4% | 91.8% | 82.2% | 80.0% | 42.6% | ||
| 8.47 | 6.01 | 11.48 | 5.11 | 4.20 | 1.74 | ||
| 0.11 | 0.20 | 0.09 | 0.22 | 0.25 | 1.35 | ||
| 7.7% | 6.1% | 7.5% | 13.9% | 45.6% | 73.1% | ||
| 7.0% | 5.0% | 6.9% | 11.5% | 36.5% | 31.1% | ||
| over 100 | - | 3.40 | 2.78 | 2.73 | - | ||
| 48 days | - | 56 days | 65 days | 18 days | 49 days | ||
| 80 days | 20 days | - | 16 days | 5 days | 33 days |
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 | €11,850 | - | €1,082 | - | €8,041 |
| €3,950 | €2,465 | €2,457 | €2,100 | €2,100 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VINDEVOGEL CONSTRUCT
The operating result for 2025 is 44% lower than in 2024 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 16.6% to 9.9%. Equity is higher and debt is lower.
- 2022 Turnover -69% on 2021. The accounts now follow the full format, last year the micro format.
- 2021 Turnover +148% on 2020. The accounts now follow the micro format, last year the full format.