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Private limited companyfounded 2024active for 2 yearsValerius De Saedeleerlaan 16, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 1014.545.863

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-07-2026 at the NBB all 2 filings

Equity
€174,016▲ 250%
2024 · €49,729
Net result
€124,287▲ 178%
2024 · €44,729
Total assets
€247,437▲ 228%
2024 · €75,525
Solvency
70.3%▲ 4.5pp
2024 · 65.8%
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is 190% higher than in 2024.

Operating result€163,154 2025 Net result€124,287 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€56,197-€163,154▲ 190%
Net result€44,729within the sector's middle half-€124,287above the sector's middle half▲ 178%
Equity€49,729within the sector's middle half-€174,016within the sector's middle half▲ 250%
Total assets€75,525below the sector's middle half-€247,437within the sector's middle half▲ 228%
Debt€25,796-€73,421▲ 185%
Working capital€49,729within the sector's middle half-€174,016above the sector's middle half▲ 250%
Solvency65.8%within the sector's middle half-70.3%within the sector's middle half▲ 4.5pp
Current ratio2.93within the sector's middle half-3.37within the sector's middle half▲ 0.44
Return on assets (ROA)59.2%above the sector's middle half-50.2%above the sector's middle half▼ 9.0pp
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €247,437
Equity €174,016 ▲ 250%
Debt €73,421 ▲ 185%
Debt's share of the balance-sheet total falls from 34.2% to 29.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
71.4%▼
2024 · 89.9%
Debt ≤ 1 year
€73,421▲
2024 · €25,796
Income taxes
€35,983▲
2024 · €11,319
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as vrae: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €193,000 and €258,000, founded in 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
vrae Sint-Martens-Latem2024€247,437€174,016€163,499€124,2872025
PAUL DE MAN Geraardsbergen2024€258,283€141,149€161,480€103,0842025
L&W Stekene2024€216,455€97,553€150,831€92,5532025
CHARLO Sint-Niklaas2024€199,391€130,618€173,514€127,6182025
GMPC Gent2024€196,501€124,160€172,354€125,4572025
Sandina Sint-Niklaas2024€193,071€139,371€170,561€131,8712025
NM ADVICE Wetteren2024€195,886€150,784€146,396€104,6552025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€75,525€247,437▲
Current assets29/58€75,525€247,437▲
Amounts receivable within one year40/41€44,565€20,833▼
Trade receivables40€44,565€20,833▼
Cash at bank and in hand54/58€29,601€226,603▲
Deferred charges and accrued income490/1€1,359€0▼
Equity and liabilities
Total equity and liabilities10/49€75,525€247,437▲
Equity10/15€49,729€174,016▲
Contributions10/11€5,000€5,000=
Reserves13€44,729€169,016▲
Distributable reserves133€44,729€169,016▲
Amounts payable17/49€25,796€73,421▲
Amounts payable within one year42/48€25,796€73,421▲
Trade debts44€5,238€2,645▼
Suppliers440/4€5,238€2,645▼
Taxes, remuneration and social security45€18,685€64,961▲
Taxes450/3€18,685€62,458▲
Remuneration and social security454/9-€2,503
Other amounts payable47/48€1,873€5,815▲
Income statement Code20242025
Other operating charges640/8€150€345▲
Gross operating margin9900€56,347€163,499▲
Operating profit (loss)9901€56,197€163,154▲
Financial charges65/66B€149€2,884▲
Recurring financial charges65€149€2,884▲
Profit (loss) for the period before taxes9903€56,048€160,270▲
Income taxes67/77€11,319€35,983▲
Profit (loss) for the period9904€44,729€124,287▲
Profit (loss) for the period to be appropriated9905€44,729€124,287▲
Appropriation of the result
Profit (loss) to be appropriated9906€44,729€124,287▲
Transfer to equity691/2€44,729€124,287▲
To other reserves6921€44,729€124,287▲

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line20242025Change
Other operating charges640/8€150€345▲ 130%
Gross operating margin9900€56,347€163,499▲ 190%
Operating profit (loss)9901€56,197€163,154▲ 190%
Financial charges65/66B€149€2,884▲ 19×
Recurring financial charges65€149€2,884▲ 19×
Profit (loss) for the period before taxes9903€56,048€160,270▲ 186%
Income taxes67/77€11,319€35,983▲ 218%
Profit (loss) for the period9904€44,729€124,287▲ 178%
Profit (loss) for the period to be appropriated9905€44,729€124,287▲ 178%
Line20242025Change
Assets
Total assets20/58€75,525€247,437▲ 228%
Current assets29/58€75,525€247,437▲ 228%
Amounts receivable within one year40/41€44,565€20,833▼ 53.3%
Trade receivables40€44,565€20,833▼ 53.3%
Cash at bank and in hand54/58€29,601€226,603▲ 666%
Deferred charges and accrued income490/1€1,359€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€75,525€247,437▲ 228%
Equity10/15€49,729€174,016▲ 250%
Contributions10/11€5,000€5,000=
Reserves13€44,729€169,016▲ 278%
Distributable reserves133€44,729€169,016▲ 278%
Amounts payable17/49€25,796€73,421▲ 185%
Amounts payable within one year42/48€25,796€73,421▲ 185%
Trade debts44€5,238€2,645▼ 49.5%
Suppliers440/4€5,238€2,645▼ 49.5%
Taxes, remuneration and social security45€18,685€64,961▲ 248%
Taxes450/3€18,685€62,458▲ 234%
Remuneration and social security454/9-€2,503-
Other amounts payable47/48€1,873€5,815▲ 210%
Line20242025Change
Profit (loss) for the period9904€44,729€124,287▲ 178%
Operating cash flow (approximation)€44,729€124,287▲ 178%
Change in cash-€197,002-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00384825 NBB
31-12-2024 micro format 23-07-2025 2025-00309099 NBB

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