VO-IT
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 31-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
107 d early
2023
28 d early
2022
18 d early
2021
31 d early
2020
19 d early
2019
134 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€925k▲ 26.1%
2024 · €733k
2018: €9k
2018: €10k
2019: €33k
2020: €34k
2021: €176k
2022: €490k
2023: €733k
2024: €733k
2018 → 2025
Total assets
€1.09M▼ 13.9%
2024 · €1.27M
2018: €251k
2018: €205k
2019: €321k
2020: €487k
2021: €1.19M
2022: €1.01M
2023: €1.01M
2024: €1.27M
2018 → 2025
Net result
€192k▼ 50.3%
2024 · €385k
2018: €156k
2018: €74k
2019: €238k
2020: €306k
2021: €342k
2022: €314k
2023: €243k
2024: €385k
2018 → 2025
Working capital
€454k▲ 149%
2024 · €183k
2018: €8k
2018: €9k
2019: €28k
2020: €10k
2021: €-34k
2022: €53k
2023: €82k
2024: €183k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€176k-€490k▲ 179%€733k▲ 49.5%€733k▲ 0.1%€925k▲ 26.1%
Operating result€458k-€427k▼ 6.8%€350k▼ 18.0%€522k▲ 49.2%€259k▼ 50.3%
Net result€342k-€314k▼ 8.1%€243k▼ 22.8%€385k▲ 58.8%€192k▼ 50.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€471k ▼ 14.4%
Current assets
€619k ▼ 13.5%
Equity and liabilities €1.09M
Equity
€925k ▲ 26.1%
Debt
€165k ▼ 69.0%
Debt's share of the balance-sheet total falls from 42.1% to 15.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€398k▼
2024 · €793k
Cash flow
€330k▼
2024 · €656k
Current ratio
3.76▲
2024 · 1.34
Debt to equity
0.18▼
2024 · 0.73
ROE
20.7%▼
2024 · 52.6%
ROA
17.6%▼
2024 · 30.4%
Interest coverage
237.38▲
2024 · 140.74
Debt ≤ 1 year
€165k▼
2024 · €533k
Income taxes
€66k▼
2024 · €131k
Staff costs
€127k▼
2024 · €310k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.27M€1.09M▼
Fixed assets21/28€551k€471k▼
Intangible fixed assets21€255k€248k▼
Tangible fixed assets22/27€296k€224k▼
Plant, machinery and equipment23€293k€222k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€715k€619k▼
Amounts receivable within one year40/41€167k€170k▲
Trade receivables40€146k€170k▲
Other amounts receivable41€21k€0▼
Cash at bank and in hand54/58€513k€440k▼
Deferred charges and accrued income490/1€36k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.09M▼
Equity10/15€733k€925k▲
Contributions10/11€6k€6k=
Reserves13€727k€727k=
Distributable reserves133€727k€727k=
Profit (loss) carried forward14€0€192k▲
Amounts payable17/49€533k€165k▼
Amounts payable within one year42/48€533k€165k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€25k€0▼
Credit institutions430/8€25k€0▼
Trade debts44€64k€117k▲
Suppliers440/4€64k€117k▲
Taxes, remuneration and social security45€59k€48k▼
Taxes450/3€28k€34k▲
Remuneration and social security454/9€30k€14k▼
Other amounts payable47/48€385k€0▼
Accrued charges and deferred income492/3-€392
Income statement
Code20242025
Non-recurring operating income76A-€17k
Remuneration, social security and pensions62€310k€127k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€271k€138k▼
Other operating charges640/8€654€240▼
Non-recurring operating charges66A€179€0▼
Gross operating margin9900€1.10M€525k▼
Operating profit (loss)9901€522k€259k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€516k€258k▼
Income taxes67/77€131k€66k▼
Profit (loss) for the period9904€385k€192k▼
Profit (loss) for the period to be appropriated9905€385k€192k▼
Appropriation of the result
Profit (loss) to be appropriated9906€388k€192k▼
Profit (loss) brought forward from the previous period14P€3k€0▼
Transfer to equity691/2€3k€0▼
To other reserves6921€3k€0▼
Profit to be distributed694/7€385k€0▼
Return on contributions (dividend)694€385k€0▼
Social balance
Average headcount (FTE)90874.23.3▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-02
State Gazette act
Restructuring · End & cessationResignations: MACHIELSEN Sven Johan Joseph (director) and VAN OIRSCHOT Ann Adriana Jozefa (director) · Merger · Dissolution7 facts ▸
State Gazette act
Restructuring · End & cessation
Resignations: MACHIELSEN Sven Johan Joseph (director) and VAN OIRSCHOT Ann Adriana Jozefa (director) · Merger · Dissolution7 facts ▸
- General meeting, 31-12-2025
- Merger, absorption, 30-06-2025
- Dissolution, 31-12-2025
- Accounting effect, 01-07-2025
- Director resignation, MACHIELSEN Sven Johan Joseph (director)
- Director resignation, VAN OIRSCHOT Ann Adriana Jozefa (director)
- Power of attorney, V V H & P
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Liquidity triplescurrent ratio 3.76
Current ratio from 1.34 to 3.76; short-term debt falls from €533k to €165k.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €385k ▲58.8%
Operating result €522k, net result €385k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €733k ▲49.5%
7 profitable years in a row build equity to €733k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €490k ▲179%
6 profitable years in a row build equity to €490k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €176k ▲421%
5 profitable years in a row build equity to €176k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-12
Financial
Weakest financial yearnet €74k ▼52.7%
Net result drops to €74k, the lowest in the series.
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2025
MACHIELSEN Sven Johan Joseph: Resigned as Director
31-12-2025
VAN OIRSCHOT Ann Adriana Jozefa: Resigned as Director
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Van Oirschot verwarmingsgroothandel