VLB Construct
Annual accounts 2025
micro format, filed on 15-01-2026, 16 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €63,000 and €190,000.
Balance sheet
balance sheet total €60,828 on 30-06-2025in euro
in euro
Position in the sector
6.4%
Higher than 13% of 2,343 companies in 2025.
0.49
Higher than 10% of 2,309 companies in 2025.
10.1%
Higher than 62% of 2,323 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 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
60,828 | 75,729 | 81,496 | 37,434 | 23,045 | |
21/28 |
43,772 | 56,782 | 65,820 | 10,492 | 8,096 | |
22/27 |
43,772 | 56,782 | 65,820 | 10,492 | 8,096 | |
23 |
8,583 | 9,734 | 6,912 | 10,492 | 8,096 | |
25 |
35,189 | 47,048 | 58,908 | - | - | |
29/58 |
17,057 | 18,947 | 15,677 | 26,942 | 14,949 | |
40/41 |
13,881 | 13,803 | 9,464 | 15,235 | 13,947 | |
40 |
13,881 | 12,825 | 9,464 | 15,235 | 13,706 | |
41 |
0 | 979 | - | 0 | 242 | |
54/58 |
2,456 | 4,448 | 3,578 | 10,689 | 490 | |
490/1 |
720 | 695 | 2,635 | 1,018 | 512 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
60,828 | 75,729 | 81,496 | 37,434 | 23,045 | |
10/15 |
3,870 | 9,503 | 24,174 | 21,713 | 11,356 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
870 | 6,503 | 21,174 | 18,713 | 8,356 | |
133 |
870 | 6,503 | 21,174 | 18,713 | 8,356 | |
14 |
0 | 0 | - | - | - | |
17/49 |
56,958 | 66,226 | 57,323 | 15,721 | 11,689 | |
17 |
22,077 | 32,381 | 43,258 | - | - | |
170/4 |
22,077 | 32,381 | 43,258 | - | - | |
42/48 |
34,881 | 33,845 | 14,065 | 15,568 | 11,689 | |
42 |
10,304 | 10,877 | 9,224 | - | - | |
44 |
1,174 | 943 | 922 | 5,529 | 5,425 | |
440/4 |
1,174 | 943 | 922 | 5,529 | 5,425 | |
46 |
0 | 2,899 | - | - | - | |
45 |
10,594 | 7,126 | 3,497 | 5,061 | 1,606 | |
450/3 |
8,689 | 5,226 | 1,887 | 5,061 | 1,606 | |
454/9 |
1,905 | 1,900 | 1,610 | - | - | |
47/48 |
12,809 | 12,000 | 422 | 4,978 | 4,658 | |
492/3 |
- | - | 0 | 154 | - | |
| Income statement | ||||||
9900 |
26,132 | 27,907 | 6,596 | 15,851 | 10,921 | |
630 |
15,576 | 16,224 | 3,970 | 2,681 | 818 | |
640/8 |
820 | 474 | - | 0 | 95 | |
9901 |
9,736 | 11,209 | 2,626 | 13,170 | 10,008 | |
75/76B |
3 | 1 | 0 | 0 | - | |
75 |
3 | 1 | 0 | 0 | - | |
65/66B |
1,006 | 1,566 | 165 | 122 | 50 | |
65 |
1,006 | 1,566 | 165 | 122 | 50 | |
9903 |
8,733 | 9,644 | 2,461 | 13,048 | 9,958 | |
67/77 |
2,601 | 1,961 | 0 | 2,691 | 1,602 | |
9904 |
6,132 | 7,683 | 2,461 | 10,357 | 8,356 | |
9905 |
6,132 | 7,683 | 2,461 | 10,357 | 8,356 | |
| Appropriation of the result | ||||||
9906 |
6,132 | 7,683 | 2,461 | 10,357 | 8,356 | |
791/2 |
11,765 | 22,353 | - | - | - | |
691/2 |
6,132 | 7,683 | 2,461 | 10,357 | 8,356 | |
6921 |
6,132 | 7,683 | 2,461 | 10,357 | 8,356 | |
694/7 |
11,765 | 22,353 | - | - | - | |
694 |
11,765 | 22,353 | - | - | - | |
| Document | ||||||
The notes to these accounts have 7 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 15-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 15-01-2026 | 2026-00009021 | |
| 30-06-2024 | micro format | 07-01-2025 | 2025-00001625 | |
| 30-06-2023 | micro format | 26-01-2024 | 2024-00014303 | |
| 30-06-2022 | micro format | 02-01-2023 | 2023-20552813 | |
| 30-06-2021 | micro format | 05-01-2022 | 2022-00300415 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 25,312 | 27,433 | 6,596 | 15,851 | 10,826 | ||
| 21,708 | 23,906 | 6,431 | 13,038 | 9,174 | ||
| 2,565 | 7,187 | 59,298 | 5,077 | 8,914 | ||
| -1,992 | 870 | -7,111 | 10,198 | - | ||
| -17,824 | -14,898 | 1,612 | 11,374 | 3,260 | ||
| 6.4% | 12.5% | 29.7% | 58.0% | 49.3% | ||
| 0.49 | 0.56 | 1.11 | 1.73 | 1.28 | ||
| 14.72 | 6.97 | 2.37 | 0.72 | 1.03 | ||
| 158.4% | 80.8% | 10.2% | 47.7% | 73.6% | ||
| 10.1% | 10.1% | 3.0% | 27.7% | 36.3% | ||
| 25.17 | 17.52 | 39.90 | over 100 | - |
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,565 | €7,187 | €59,298 | €5,077 |
| €15,576 | €16,224 | €3,970 | €2,681 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on VLB Construct
The operating result for 2025 is 13% lower than in 2024.
Debt's share of the balance-sheet total rises from 87.5% to 93.6%. Equity and debt are lower.