VINTOR (0882.962.987): financials and annual accounts

VINTOR

Antwerp ·KBO/BCE: BE 0882.962.987

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	3.7m	1.9m	1.9m	2.1m	1.4m	1.5m	1.3m	1.4m	1.1m	1.2m	890,238	459,073	468,242	429,942	311,547	330,499	340,030	318,843	24,619
Fixed assets`21/28`	3.7m	1.9m	1.9m	2.0m	1.3m	1.4m	1.2m	1.3m	1.0m	1.1m	712,826	427,855	458,044	422,853	306,506	326,964	333,195	314,189	7,723
Intangible fixed assets`21`	248,360	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	3.4m	1.2m	1.3m	1.3m	1.3m	1.4m	1.2m	1.2m	997,460	1.1m	712,801	427,855	458,044	422,853	306,506	326,964	333,195	314,189	7,723
Land and buildings`22`	3.3m	1.1m	1.1m	1.1m	1.2m	1.2m	991,311	1.0m	750,043	768,516	399,869	100,737	103,777	-	-	-	-	-	-
Plant, machinery and equipment`23`	5,938	2,618	-	14,365	7,235	11,490	17,026	14,316	21,094	32,840	33,050	21,116	27,338	14,137	503	330	530	599	1,113
Furniture and vehicles`24`	7,470	9,000	11,640	1,787	-	455	909	1,364	-	57	170	298	439	795	5,426	8,770	15,663	22,080	6,610
Other tangible fixed assets`26`	127,297	152,162	170,929	157,265	141,557	166,558	178,201	202,261	226,323	250,415	267,512	287,405	302,090	407,921	300,578	317,864	317,002	291,510	-
Financial fixed assets`28`	9,540	637,540	639,740	640,188	12,188	14,988	14,748	14,748	12,775	8,925	25	-	-	-	-	-	-	-	-
Current assets`29/58`	34,178	20,010	15,352	155,292	48,214	62,305	96,028	123,726	95,909	161,740	177,411	31,218	10,198	7,089	5,040	3,535	6,835	4,653	16,896
Stocks and contracts in progress`3`	-	-	-	-	-	40,848	49,519	67,352	57,853	60,228	65,487	-	-	-	-	-	-	-	-
Stocks`30/36`	-	-	-	-	-	40,848	49,519	67,352	57,853	60,228	65,487	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	18,720	-	4,232	131,449	39,056	5,475	28,496	25,990	16,609	86,134	94,261	27,845	8,884	5,766	232	3,355	5,932	4,456	12,401
Trade receivables`40`	-	-	4,195	129,829	38,828	3,755	20,502	24,966	16,596	86,101	58,357	1,537	8,884	5,766	232	3,355	726	4,409	12,400
Other amounts receivable`41`	18,720	-	37	1,619	228	1,720	7,994	1,024	13	32	35,904	26,308	-	-	-	-	5,206	47	1
Current investments`50/53`	3,500	3,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	2,160	114	921	20,520	1,307	8,579	5,625	21,192	12,681	13,817	7,563	464	166	1,324	184	180	218	198	4,495
Deferred charges and accrued income`490/1`	9,799	16,397	10,200	3,323	7,851	7,403	12,387	9,192	8,766	1,562	10,100	2,909	1,148	-	4,625	-	685	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	3.7m	1.9m	1.9m	2.1m	1.4m	1.5m	1.3m	1.4m	1.1m	1.2m	890,238	459,073	468,242	429,942	311,547	330,499	340,030	318,843	24,619
Equity`10/15`	1.8m	428,729	305,127	172,662	64,616	35,113	58,579	59,784	55,473	45,761	52,351	35,606	52,295	37,825	-11,346	-21,323	-12,839	-37,598	-2,097
Contributions`10/11`	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	18,600	18,600	18,600	12,400	12,400
Issued capital`100`	-	-	-	-	-	-	68,600	68,600	68,600	68,600	68,600	68,600	68,600	68,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,200	6,200
Revaluation surpluses`12`	1.6m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	149,715	360,129	236,527	16,746	16,746	16,746	16,746	16,746	16,746	16,746	16,746	-	-	-	-	-	-	-	-
Non-distributable reserves`130/1`	-	-	-	6,860	6,860	6,860	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	6,860	6,860	6,860	6,860	6,860	-	-	-	-	-	-	-	-
Reserves not available under the articles`1311`	-	-	-	6,860	6,860	6,860	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	149,715	360,129	236,527	9,886	9,886	9,886	9,886	9,886	9,886	9,886	9,886	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	87,316	-20,730	-50,233	-26,767	-25,562	-29,872	-39,584	-32,994	-32,994	-16,305	-30,775	-29,946	-39,923	-31,439	-49,998	-14,497
Amounts payable`17/49`	2.0m	1.5m	1.6m	1.9m	1.3m	1.4m	1.2m	1.3m	1.1m	1.2m	837,886	423,467	415,947	392,117	322,893	351,822	352,869	356,441	26,717
Amounts payable after more than one year`17`	1.6m	1.1m	1.3m	1.4m	1.1m	1.1m	965,612	1.0m	847,533	911,657	647,089	366,471	348,517	342,109	291,821	304,705	321,500	337,747	6,216
Financial debts`170/4`	1.6m	1.1m	1.3m	1.4m	1.1m	1.1m	965,612	1.0m	847,533	911,657	647,089	366,471	348,517	342,109	291,821	304,705	321,500	337,747	6,216
Amounts payable within one year`42/48`	314,839	327,084	323,289	474,884	235,166	327,460	270,178	263,780	199,189	268,886	187,958	43,414	51,135	35,835	31,072	40,291	29,965	17,795	20,211
Current portion of amounts payable after more than one year`42`	183,276	154,517	150,523	177,299	106,297	86,650	80,079	77,794	64,123	64,230	51,855	29,205	22,347	16,212	12,885	16,795	16,247	15,353	1,967
Financial debts`43`	50,000	50,000	50,000	50,000	51,832	50,373	-	30,000	50,000	50,000	65,000	2,284	753	-	804	6,538	546	253	-
Credit institutions`430/8`	50,000	50,000	50,000	50,000	51,832	50,373	-	30,000	50,000	50,000	65,000	2,284	753	-	804	6,538	546	253	-
Trade debts`44`	27,100	8,174	9,651	127,102	13,024	606	8,599	10,597	4,234	67,994	22,896	1,096	-	727	9,556	6,978	11,843	1,135	15,648
Suppliers`440/4`	27,100	8,174	9,651	127,102	13,024	606	8,599	10,597	4,234	67,994	22,896	1,096	-	727	9,556	6,978	11,843	1,135	15,648
Advances received on contracts in progress`46`	-	-	-	-	-	3,588	10,150	6,041	8,098	9,127	12,000	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	10,503	53,594	57,184	30,242	5,682	7,666	4,335	11,492	14,618	17,244	21,207	10,829	18,201	3,454	120	507	1,329	1,054	2,324
Taxes`450/3`	10,503	53,594	57,184	25,742	5,682	7,384	4,104	11,492	14,618	17,244	21,207	10,829	18,201	3,454	120	507	1,329	1,054	2,324
Remuneration and social security`454/9`	-	-	-	4,500	-	282	231	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	43,961	60,798	55,931	90,241	58,331	178,578	167,015	127,857	58,116	60,291	15,000	-	9,833	15,443	7,706	9,473	-	-	272
Accrued charges and deferred income`492/3`	29,713	16,320	38,265	27,066	-	-	3,853	5,941	3,949	2,289	2,839	13,582	16,296	14,173	-	6,826	1,404	899	290
Income statement
Non-recurring operating income`76A`	-	-	-	-	15,000	-	-	5,614	-	22,957	-	-	500	347	-	-	-	-	-
Gross operating margin`9900`	209,280	298,888	338,196	244,535	149,825	111,361	137,456	152,379	124,792	126,946	162,197	63,302	91,671	76,161	61,139	42,002	74,167	17,347	-7,534
Remuneration, social security and pensions`62`	-	-	-	-	3,806	16,679	18,392	-	-	-	-	-	-	-	-	-	-	1,288	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	84,296	69,829	68,677	64,196	62,447	69,360	64,562	90,776	60,467	76,781	91,909	42,438	42,635	43,480	26,000	29,314	28,518	43,198	4,069
Other operating charges`640/8`	91,548	23,349	17,812	18,848	16,147	16,657	19,475	15,251	13,472	11,550	15,394	13,356	6,665	12,498	6,037	2,001	6,444	1,980	2,051
Non-recurring operating charges`66A`	203,740	-	-	-	-	-	-	-	-	3,819	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	-170,303	205,710	251,707	161,491	67,425	8,666	35,027	46,353	50,853	34,796	54,894	7,509	42,371	20,183	29,102	10,686	39,205	-29,119	-13,654
Financial income`75/76B`	-	-	-	31	913	2,470	2,626	2,265	1,436	2,876	3,467	125	1	437	0	241	546	0	60
Recurring financial income`75`	-	-	-	31	913	2,470	2,626	2,265	1,436	2,876	3,467	125	1	437	0	241	546	0	60
Financial charges`65/66B`	39,230	36,514	42,402	35,761	38,560	34,254	37,219	39,384	32,254	43,238	29,882	24,122	22,311	21,433	19,125	19,412	21,191	6,382	903
Recurring financial charges`65`	39,230	36,514	42,402	35,761	38,560	34,254	37,219	33,769	32,254	43,238	29,882	24,122	22,311	21,433	19,125	19,412	21,191	6,382	903
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	5,614	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	-209,533	169,196	209,306	125,761	29,778	-23,117	433	9,234	20,035	-5,567	28,479	-16,487	20,561	-466	9,977	-8,484	18,560	-35,501	-14,497
Income taxes`67/77`	880	45,594	66,955	17,715	276	349	1,638	4,924	10,323	1,023	11,733	202	6,091	363	-	-	1	-	0
Profit (loss) for the period`9904`	-210,414	123,602	142,351	108,047	29,503	-23,466	-1,205	4,311	9,712	-6,590	16,746	-16,689	14,470	-829	9,977	-8,484	18,559	-35,501	-14,497
Profit (loss) for the period to be appropriated`9905`	-210,414	123,602	142,351	108,047	29,503	-23,466	-1,205	4,311	9,712	-6,590	16,746	-16,689	14,470	-829	9,977	-8,484	18,559	-35,501	-14,497
Appropriation of the result
Profit (loss) to be appropriated`9906`	-210,414	123,602	229,667	87,316	-20,730	-50,233	-26,767	-25,562	-29,872	-39,584	-16,249	-32,994	-16,305	-30,775	-29,946	-39,923	-31,439	-49,998	-14,497
Profit (loss) brought forward from the previous period`14P`	-	-	87,316	-20,730	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	210,414	-	9,886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	123,602	229,667	-	-	-	-	-	-	-	16,746	-	-	-	-	-	-	-	-
Addition to contributions`691`	-	-	-	-	-	-	-	-	-	-	6,860	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	9,886	-	-	-	-	-	-	-	-
To other reserves`6921`	-	123,602	229,667	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	9,886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	9,886	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	0.7	0.6	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	-	-	-	-	-	734	1,016	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	19-08-2026	2026-00406587	PDF
31-12-2024	micro format	30-07-2025	2025-00341766	PDF
31-12-2023	micro format	25-09-2024	2024-00479210	PDF
31-12-2022	micro format	01-09-2023	2023-00439027	PDF
31-12-2021	micro format	30-03-2022	2022-09200564	PDF
31-12-2020	micro format	17-03-2021	2021-07900059	PDF
31-12-2019	micro format	06-07-2020	2020-28200322	PDF
31-12-2018	micro format	09-05-2019	2019-12600474	PDF
31-12-2017	micro format	27-04-2018	2018-11000218	PDF
31-12-2016	abbreviated format	27-06-2017	2017-22400204	PDF
31-12-2015	abbreviated format	30-05-2016	2016-14100583	PDF
31-12-2014	abbreviated format	26-08-2015	2015-48300492	PDF
31-12-2013	abbreviated format	29-08-2014	2014-55000570	PDF
31-12-2012	abbreviated format	14-07-2013	2013-32500542	PDF
31-12-2011	abbreviated format	31-08-2012	2012-54000584	PDF
31-12-2010	abbreviated format	31-08-2011	2011-50700563	PDF
31-12-2009	abbreviated format	31-08-2010	2010-51800051	PDF
31-12-2008	abbreviated format	28-08-2009	2009-70400354	PDF
31-12-2007	abbreviated format	30-06-2008	2008-34000317	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-86,008	275,539	320,384	225,687	129,872	78,025	99,589	137,129	111,320	111,577	146,802	49,947	85,006	63,663	55,102	40,001	67,723	14,079	-9,585
Cash flow	-126,118	193,431	211,027	172,243	91,949	45,894	63,358	95,086	70,179	70,190	108,655	25,748	57,104	42,651	35,977	20,830	47,077	7,697	-10,429
Investment in fixed assets (approximation)	981,516	18,305	32,692	696,485	-2,800	262,048	15,288	332,011	3,850	531,668	376,880	12,248	77,826	163,479	5,542	23,084	47,523	349,664	11,792
Change in cash	2,046	-807	-19,599	19,213	-7,272	2,954	-15,567	8,511	-1,136	6,253	7,099	298	-1,158	1,140	4	-38	20	-4,298	-
Working capital	-280,661	-307,073	-307,937	-319,593	-186,952	-265,155	-174,150	-140,054	-103,280	-107,145	-10,547	-12,196	-40,937	-28,746	-26,031	-36,757	-23,130	-13,141	-3,315
Solvency	47.6%	22.7%	15.7%	8.2%	4.7%	2.4%	4.5%	4.3%	5.0%	3.7%	5.9%	7.8%	11.2%	8.8%	-3.6%	-6.5%	-3.8%	-11.8%	-8.5%
Current ratio	0.11	0.06	0.05	0.33	0.21	0.19	0.36	0.47	0.48	0.60	0.94	0.72	0.20	0.20	0.16	0.09	0.23	0.26	0.84
Quick ratio	0.11	0.06	0.05	0.33	0.21	0.07	0.17	0.21	0.19	0.38	0.60	0.72	0.20	0.20	0.16	0.09	0.23	0.26	0.84
Debt to equity	1.10	3.41	5.36	11.26	20.32	40.50	21.16	22.00	18.94	25.85	16.01	11.89	7.95	10.37	-	-	-	-	-
ROE	-11.8%	28.8%	46.7%	62.6%	45.7%	-66.8%	-2.1%	7.2%	17.5%	-14.4%	32.0%	-46.9%	27.7%	-2.2%	-	-	-	-	-
ROA	-5.6%	6.5%	7.3%	5.1%	2.1%	-1.6%	-0.1%	0.3%	0.9%	-0.5%	1.9%	-3.6%	3.1%	-0.2%	3.2%	-2.6%	5.5%	-11.1%	-58.9%
Interest coverage	-2.19	7.55	7.56	6.31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022
Tangible fixed assets	€733,020	€18,305	€32,692	€68,485
Intangible fixed assets	€248,496	-	-	-
Financial fixed assets	-	-	-	€628,000
Depreciation and write-downs of the year	€84,296	€69,829	€68,677	€64,196

VINTOR

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency47.6%

Current ratio0.11

Return on assets-5.6%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €2,010 awarded, €2,010 paid

Key figures and ratios

Investments

Insights on VINTOR

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