VLS

Active Private limited companyfounded 2014active for 12 yearsHogenakkerstraat 86, 9170 Sint-Gillis-WaasKBO/BCE: BE 0550.987.219 #3 company by total assets in Sint-Gillis-Waas, Accommodation and food service sector

VLS

Financial year 2025

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Annual accounts 2025

micro format, filed on 31-10-2025, on the day of the deadline

€109,834

▼ 4.8%

€33,088

▼ 35.9%

€72,006

▼ 9.9%

€55,984

▼ 5.3%

25.0%

▼ 8.9 percentage points

1.15

▲ 0.51

In the rankings #3 company by total assets in Sint-Gillis-Waas, Accommodation and food service sector #9 oldest company in Sint-Gillis-Waas, Accommodation and food service sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €479,395 on 31-03-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

25.0%

Higher than 46% of 17,162 companies in 2025.

1.15

Higher than 52% of 16,586 companies in 2025.

3.6%

Higher than 47% of 16,669 companies in 2025.

VLS Middle half of the sector 80% of the sector Micro accounts in food and beverage service (NACE 56)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Balance sheet: assets
`20/58`	479,395	303,337	295,075	299,800	106,123	81,476	89,406	109,250	108,697	106,754
`20`	-	-	-	-	-	-	-	0	0	0
`21/28`	370,759	272,425	254,857	248,781	50,295	52,503	71,451	91,653	95,513	90,314
`21`	0	292	3,792	7,292	10,792	14,292	17,792	21,292	24,792	28,292
`22/27`	370,759	272,133	251,065	241,489	39,503	38,211	53,659	70,361	70,721	62,022
`22`	207,175	214,851	219,309	209,738	2,806	4,049	5,292	6,535	5,313	6,063
`23`	77,295	30,909	15,337	23,576	31,127	34,162	48,367	63,826	65,395	55,775
`24`	14,810	26,373	16,419	8,176	5,571	-	-	0	14	185
`26`	71,479	-	-	-	-	-	-	0	0	0
`27`	-	-	-	-	-	-	-	0	0	0
`28`	-	-	-	-	-	-	-	0	0	0
`29/58`	108,636	30,912	40,219	51,019	55,828	28,973	17,955	17,597	13,184	16,440
`29`	50,000	-	-	-	-	-	-	-	-	-
`290`	50,000	-	-	-	-	-	-	0	0	0
`291`	-	-	-	-	-	-	-	0	0	0
`3`	4,500	4,500	4,500	2,500	2,500	2,500	4,000	2,500	2,500	2,500
`30/36`	4,500	4,500	4,500	2,500	2,500	2,500	4,000	2,500	2,500	2,500
`37`	-	-	-	-	-	-	-	0	0	0
`40/41`	225	229	3,405	22,672	3,401	-	-	-	-	524
`40`	-	-	0	12,097	3,260	-	-	0	0	519
`41`	225	229	3,405	10,575	140	-	-	0	0	6
`50/53`	-	-	-	-	-	-	-	0	0	0
`54/58`	53,910	26,183	29,313	22,846	46,741	19,109	10,955	11,925	10,376	13,292
`490/1`	-	-	3,000	3,000	3,187	7,364	3,000	3,172	308	124
Balance sheet: equity and liabilities
`10/49`	479,395	303,337	295,075	299,800	106,123	81,476	89,406	109,250	108,697	106,754
`10/15`	119,943	102,877	72,060	66,710	59,555	16,494	11,653	20,289	18,498	15,659
`10/11`	18,600	18,600	18,600	18,600	18,600	0	12,400	12,400	12,400	12,400
`100`	-	-	-	-	-	0	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	0	6,200	6,200	6,200	6,200
`11`	-	-	-	-	-	18,600	-	0	0	0
`1100/10`	-	-	-	-	-	18,600	-	0	0	0
`12`	-	-	-	-	-	-	-	0	0	0
`13`	101,343	84,277	53,460	48,110	40,955	420	420	5,920	5,820	3,170
`130/1`	420	420	420	420	420	420	-	-	-	-
`130`	-	-	-	-	-	0	420	420	320	170
`1311`	420	420	420	420	420	-	-	-	-	-
`1312`	-	-	-	-	-	-	-	0	0	0
`1319`	-	-	-	-	-	420	-	0	0	0
`132`	-	-	-	-	-	-	-	0	0	0
`133`	100,923	83,857	53,040	47,690	40,535	-	-	5,500	5,500	3,000
`14`	-	-	-	-	0	-2,526	-1,167	1,969	278	89
`15`	-	-	-	-	-	-	-	0	0	0
`160/5`	-	-	-	-	-	-	-	0	0	0
`160`	-	-	-	-	-	-	-	0	0	-
`161`	-	-	-	-	-	-	-	0	0	-
`162`	-	-	-	-	-	-	-	0	0	-
`163`	-	-	-	-	-	-	-	0	0	-
`164/5`	-	-	-	-	-	-	-	0	0	-
`168`	-	-	-	-	-	-	-	0	0	0
`17/49`	359,452	200,460	223,015	233,090	46,568	64,982	77,753	88,960	90,199	91,095
`17`	264,964	152,296	163,675	174,880	0	4,660	21,308	42,255	51,452	47,740
`170/4`	264,964	152,296	163,675	174,880	0	4,660	21,308	42,255	51,452	47,740
`175`	-	-	-	-	-	-	-	0	0	0
`176`	-	-	-	-	-	-	-	0	0	0
`178/9`	-	-	-	-	-	-	-	0	0	0
`42/48`	94,488	48,164	58,340	56,210	43,618	59,167	56,444	46,705	37,997	43,355
`42`	42,130	14,092	12,886	10,120	4,660	16,649	20,947	20,328	16,714	10,223
`43`	-	-	-	-	-	-	-	-	-	4,400
`430/8`	-	-	-	-	-	-	-	0	0	4,400
`439`	-	-	-	-	-	-	-	0	0	0
`44`	30,635	9,446	7,775	4,795	10,615	5,701	8,294	4,471	4,159	3,799
`440/4`	30,635	9,446	7,775	4,795	10,615	5,701	8,294	4,471	4,159	3,799
`441`	-	-	-	-	-	-	-	0	0	0
`46`	-	-	-	-	-	-	-	0	0	0
`45`	12,060	8,197	9,269	11,032	22,404	8,806	7,754	5,950	4,933	8,669
`450/3`	10,951	6,858	2,948	3,934	17,148	5,826	2,834	986	1,884	1,861
`454/9`	1,108	1,339	6,322	7,099	5,256	2,980	4,920	4,964	3,049	6,808
`47/48`	9,663	16,429	28,410	30,262	5,938	28,011	19,450	15,956	12,191	16,264
`492/3`	-	-	1,000	2,000	2,950	1,155	-	0	750	0
Income statement
`70`	-	-	-	-	-	-	263,270	0	0	0
`76A`	-	-	-	0	2,334	-	-	0	0	0
`9900`	109,834	115,407	83,180	93,677	130,938	49,833	50,125	46,992	44,174	71,042
`60/61`	-	-	-	-	-	-	215,292	0	0	0
`62`	33,462	32,936	41,454	44,016	51,853	24,392	22,788	19,843	14,131	33,234
`630`	38,919	28,295	22,267	32,889	16,638	18,948	20,202	21,294	22,275	25,442
`631/4`	-	-	-	-	-	-	-	0	0	0
`635/8`	-	-	-	-	-	-	-	0	0	0
`640/8`	4,366	2,554	5,106	959	3,082	2,173	2,109	697	700	1,980
`649`	-	-	-	-	-	-	-	0	0	0
`66A`	-	-	-	-	-	-	-	0	656	0
`9901`	33,088	51,622	14,353	15,813	59,365	4,320	5,027	5,158	6,411	10,387
`75/76B`	782	-	195	1	0	13	15	0	39	155
`75`	782	-	195	1	0	13	15	0	39	155
`76B`	-	-	-	-	-	-	-	0	0	-
`65/66B`	7,464	9,507	6,886	5,752	2,704	2,246	1,923	2,565	3,017	5,267
`65`	7,464	9,507	6,886	5,752	2,704	2,246	1,923	2,565	3,017	5,267
`66B`	-	-	-	-	-	-	-	0	0	-
`9903`	26,406	42,115	7,661	10,062	56,661	2,087	3,119	2,592	3,434	5,275
`67/77`	9,340	11,298	2,311	2,907	13,600	3,446	11,756	801	595	2,016
`9904`	17,066	30,817	5,350	7,155	43,061	-1,359	-8,636	1,791	2,839	3,259
`789`	-	-	-	-	-	-	-	0	0	0
`689`	-	-	-	-	-	-	-	0	0	0
`9905`	17,066	30,817	5,350	7,155	43,061	-1,359	-8,636	1,791	2,839	3,259
Appropriation of the result
`9906`	17,066	30,817	5,350	7,155	40,535	-2,526	-6,667	2,069	2,928	3,259
`14P`	-	-	-	0	-	-	-	-	-	-
`791/2`	-	-	-	-	-	0	5,500	0	0	0
`691/2`	17,066	30,817	5,350	7,155	40,535	-	-	100	2,650	3,170
`691`	-	-	-	-	-	-	-	0	0	0
`6920`	-	-	-	-	-	-	-	100	150	170
`6921`	17,066	30,817	5,350	7,155	40,535	-	-	0	2,500	3,000
`694`	-	-	-	-	-	-	-	0	0	0
`695`	-	-	-	-	-	-	-	0	0	0
`696`	-	-	-	-	-	-	-	0	0	-
Social balance sheet
`9087`	-	-	6.8	4.7	1.9	2.8	3.6	1.7	0.9	0.6
Hours worked`1013`	-	-	2,216	1,873	3,055	1,660	1,656	1,254	1,108	1,809
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

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 31-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2025	micro format	31-10-2025	2025-00558922	PDF
31-03-2024	micro format	25-11-2024	2024-00603791	PDF
31-03-2023	micro format	27-10-2023	2023-00494651	PDF
31-03-2022	micro format	28-10-2022	2022-20476542	PDF
31-03-2021	micro format	26-10-2021	2021-73100349	PDF
31-03-2020	micro format	30-10-2020	2020-67800024	PDF
31-03-2019	micro format	28-10-2019	2019-71600035	PDF
31-03-2018	micro format	12-10-2018	2018-69300154	PDF
31-03-2017	micro format	31-10-2017	2017-68400587	PDF
31-03-2016	abbreviated format	03-10-2016	2016-64000271	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
72,006	79,917	36,620	48,702	76,003	23,268	25,229	26,452	28,686	35,828
55,984	59,112	27,618	40,044	59,699	17,589	11,566	23,085	25,114	28,701
137,252	45,863	28,343	231,375	66,240	0	0	17,434	27,474	115,756
27,727	-3,130	6,467	-23,895	27,632	8,154	-970	1,550	-2,917	-
14,148	-17,252	-18,121	-5,191	12,211	-30,194	-38,489	-29,108	-24,813	-26,915
-	-	-	-	-	-	1.9%	-	-	-
25.0%	33.9%	24.4%	22.3%	56.1%	20.2%	13.0%	18.6%	17.0%	14.7%
1.15	0.64	0.69	0.91	1.28	0.49	0.32	0.38	0.35	0.38
1.10	0.55	0.61	0.86	1.22	0.45	0.25	0.32	0.28	0.32
3.00	1.95	3.09	3.49	0.78	3.94	6.67	4.38	4.88	5.82
14.2%	30.0%	7.4%	10.7%	72.3%	-8.2%	-74.1%	8.8%	15.3%	20.8%
3.6%	10.2%	1.8%	2.4%	40.6%	-1.7%	-9.7%	1.6%	2.6%	3.1%
9.65	8.41	5.32	8.47	-	-	-	-	-	-
-	-	-	-	-	-	14 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.

Social balance sheet

Item	31-03-2023	31-03-2022
Employees at the balance-sheet date	4	-
full-time	0	-
part-time	4	-
in full-time equivalents	1	-
	1.5	1.1
On a permanent contract	4	-
Joined	3	16
Left	7	19

Source: social balance sheet in the 2022 to 2023 annual accounts

Securities and guarantees

on own assets and for others

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Mortgages, amount registered	-	-	€27,500	€27,500
	-	-	€176,000	€193,600
Carrying value of the mortgaged assets	-	-	€214,727	€208,246
	-	-	€82,500	-
	-	-	€75,000	-

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	€137,252	€45,863	€28,343	€231,375
	€38,919	€28,295	€22,267	€32,889

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on VLS

The operating result for 2025 is 36% lower than in 2024.

Debt's share of the balance-sheet total rises from 66.1% to 75.0%. Equity and debt are higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency25.0%

Current ratio1.15

Return on assets3.6%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on VLS

Next steps

in euro

in euro

25.0%

1.15

3.6%