VNH CONSTRUCT
Annual accounts 2025
micro format, filed on 17-04-2026, 105 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 ≈ €360,000. Estimated: probably between €250,000 and €650,000.
Balance sheet
balance sheet total €117,473 on 31-12-2025in euro
in euro
Position in the sector
45.9%
Higher than 49% of 35,156 companies in 2025.
1.61
Higher than 44% of 34,529 companies in 2025.
17.9%
Higher than 74% of 34,730 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
117,473 | 83,511 | 117,884 | |
21/28 |
34,943 | 31,506 | 42,946 | |
22/27 |
34,943 | 31,506 | 42,946 | |
23 |
12,120 | 1,229 | 1,679 | |
24 |
22,824 | 30,277 | 41,268 | |
29/58 |
82,530 | 52,005 | 74,938 | |
40/41 |
2,333 | 12,859 | 14,665 | |
40 |
0 | 5,098 | 9,991 | |
41 |
2,333 | 7,761 | 4,674 | |
54/58 |
77,889 | 28,359 | 55,848 | |
490/1 |
2,308 | 10,787 | 4,425 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
117,473 | 83,511 | 117,884 | |
10/15 |
53,954 | 32,979 | 35,204 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
38,954 | 30,204 | 30,204 | |
133 |
38,954 | 30,204 | 30,204 | |
14 |
10,000 | -2,225 | 0 | |
17/49 |
63,519 | 50,532 | 82,680 | |
17 |
9,494 | 7,424 | 14,052 | |
170/4 |
9,494 | 7,424 | 14,052 | |
42/48 |
51,209 | 42,180 | 65,006 | |
42 |
9,039 | 6,627 | 6,418 | |
44 |
3,616 | 2,659 | 14,830 | |
440/4 |
3,616 | 2,659 | 14,830 | |
45 |
7,371 | 974 | 16,445 | |
450/3 |
7,371 | 974 | 14,645 | |
454/9 |
- | 0 | 1,800 | |
47/48 |
31,183 | 31,920 | 27,313 | |
492/3 |
2,817 | 928 | 3,623 | |
| Income statement | ||||
9900 |
42,421 | 15,368 | 50,894 | |
630 |
9,747 | 11,441 | 2,815 | |
640/8 |
1,400 | 1,508 | 1,132 | |
9901 |
31,275 | 2,420 | 46,947 | |
75/76B |
264 | 58 | 50 | |
75 |
264 | 58 | 50 | |
65/66B |
3,463 | 4,434 | 1,315 | |
65 |
3,463 | 4,434 | 1,315 | |
9903 |
28,077 | -1,956 | 45,681 | |
67/77 |
7,101 | 269 | 14,645 | |
9904 |
20,975 | -2,225 | 31,037 | |
9905 |
20,975 | -2,225 | 31,037 | |
| Appropriation of the result | ||||
9906 |
18,750 | -2,225 | 31,037 | |
14P |
-2,225 | - | - | |
691/2 |
8,750 | 0 | 30,204 | |
6921 |
8,750 | 0 | 30,204 | |
694/7 |
- | 0 | 833 | |
694 |
- | 0 | 833 | |
| Document | ||||
The notes to these accounts have 15 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 17-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 41,022 | 13,860 | 49,762 | ||
| 30,722 | 9,215 | 33,852 | ||
| 13,184 | 0 | 45,762 | ||
| 49,530 | -27,489 | - | ||
| 31,321 | 9,825 | 9,933 | ||
| 45.9% | 39.5% | 29.9% | ||
| 1.61 | 1.23 | 1.15 | ||
| 1.18 | 1.53 | 2.35 | ||
| 38.9% | -6.7% | 88.2% | ||
| 17.9% | -2.7% | 26.3% | ||
| 11.85 | 3.13 | 37.85 |
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 |
|---|---|---|---|
| Tangible fixed assets | €13,184 | - | €45,762 |
| Financial fixed assets | €0 | - | - |
| €9,747 | €11,441 | €2,815 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on VNH CONSTRUCT
The operating result for 2025 is nearly 13 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 60.5% to 54.1%. Equity and debt are higher.