VREVAN (0460.655.374): financials and annual accounts

VREVAN

Lommel ·KBO/BCE: BE 0460.655.374

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	947,832	803,173	762,615	776,194	891,413	691,009	715,475	719,976	717,166	732,980	857,829	419,111	433,129	386,092	417,376	325,195	338,458	336,576	337,896	348,573
Fixed assets`21/28`	905,918	567,178	538,798	525,090	549,879	559,421	581,332	603,242	625,152	653,880	677,280	313,237	125,965	139,599	156,859	217,929	245,768	273,606	301,445	329,283
Tangible fixed assets`22/27`	905,918	567,178	538,798	525,090	549,879	559,421	581,332	603,242	625,152	653,880	677,280	313,237	125,965	139,599	156,859	217,929	245,768	273,606	301,445	329,283
Land and buildings`22`	870,230	534,146	493,691	515,601	537,511	559,421	581,332	603,242	625,152	653,880	677,280	313,237	125,965	139,599	156,859	217,929	245,768	273,606	301,445	329,283
Plant, machinery and equipment`23`	7,681	3,731	6,610	9,489	12,368	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Furniture and vehicles`24`	28,007	29,301	38,497	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	41,915	235,995	223,818	251,104	341,534	131,587	134,143	116,734	92,014	79,101	180,550	105,875	307,165	246,493	260,517	107,265	92,690	62,970	36,451	19,289
Amounts receivable within one year`40/41`	1,413	69,069	108,581	50,394	17,846	38,400	95,414	84,083	74,274	64,674	64,674	15,459	9,985	-	-	-	-	-	-	-
Trade receivables`40`	-	15,012	2,400	12,800	3,200	38,400	28,800	19,409	9,600	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`41`	1,413	54,057	106,181	37,594	14,646	-	66,614	64,674	64,674	64,674	64,674	15,459	9,985	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	36,651	166,925	115,237	200,710	323,688	93,187	38,729	32,651	17,740	14,408	115,875	90,416	297,179	246,493	260,517	107,265	92,690	62,970	36,451	19,289
Deferred charges and accrued income`490/1`	3,851	-	-	-	-	-	-	-	-	18	-	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	947,832	803,173	762,615	776,194	891,413	691,009	715,475	719,976	717,166	732,980	857,829	419,111	433,129	386,092	417,376	325,195	338,458	336,576	337,896	348,573
Equity`10/15`	455,137	495,027	442,243	430,025	411,543	244,242	222,209	200,617	176,203	170,964	198,825	284,293	294,203	267,037	250,554	138,060	114,125	97,831	76,660	56,634
Contributions`10/11`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
Capital`10`	61,973	61,973	61,973	61,973	61,973	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
Reserves`13`	392,279	241,644	196,553	198,236	199,919	50,615	52,298	53,981	55,665	57,348	58,931	91,197	91,197	85,000	85,000	-	-	-	-	-
Non-distributable reserves`130/1`	6,197	6,197	6,197	6,197	6,197	6,197	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197	-	-	-	-	-	-	-
Tax-exempt reserves`132`	231,082	235,447	190,356	192,039	193,722	44,418	46,101	47,784	49,467	51,150	52,734	85,000	85,000	85,000	85,000	-	-	-	-	-
Distributable reserves`133`	155,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	885	191,409	183,716	169,815	149,651	131,654	107,937	84,662	58,565	51,643	77,920	131,122	141,032	120,064	103,580	76,087	52,151	35,858	14,687	-5,339
Provisions and deferred taxes`16`	83,573	85,334	70,610	71,477	72,344	22,882	23,749	24,616	25,483	26,350	27,166	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	83,573	85,334	70,610	71,477	72,344	22,882	23,749	24,616	25,483	26,350	27,166	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	409,122	222,812	249,763	274,692	407,525	423,885	469,517	494,743	515,480	535,666	631,838	134,819	138,926	119,054	166,822	187,134	224,333	238,745	261,235	291,939
Amounts payable after more than one year`17`	368,091	182,598	210,134	237,201	264,267	293,446	319,101	367,868	392,651	415,000	245,000	-	-	-	-	-	-	-	-	19,214
Financial debts`170/4`	368,091	182,598	210,134	237,201	264,267	293,446	319,101	367,868	392,651	415,000	245,000	-	-	-	-	-	-	-	-	19,214
Amounts payable within one year`42/48`	41,031	40,213	39,629	37,492	143,259	130,439	150,416	126,875	122,829	120,666	386,838	48,112	64,162	46,272	98,015	125,018	171,101	196,542	231,885	257,288
Current portion of amounts payable after more than one year`42`	28,536	27,066	27,066	27,066	26,593	23,543	23,543	-	-	-	90,000	-	-	-	-	-	-	-	-	-
Trade debts`44`	925	3,963	162	55	54	1,093	4,181	-	436	1,838	168,104	-	-	-	-	-	-	-	-	-
Suppliers`440/4`	925	3,963	162	55	54	1,093	-	-	436	1,838	168,104	-	-	-	-	-	-	-	-	-
Bills of exchange payable`441`	-	-	-	-	-	-	4,181	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	2,882	9,184	12,401	10,370	5,157	1,075	1,088	1,092	1,069	-	9,906	1,411	10,577	11,754	-	-	-	-	-	-
Taxes`450/3`	2,882	9,184	12,401	10,370	5,157	1,075	1,088	1,092	1,069	-	9,906	1,411	10,577	11,754	-	-	-	-	-	-
Other amounts payable`47/48`	8,689	-	-	-	111,453	104,728	121,604	125,783	121,324	118,828	118,828	46,701	53,584	34,518	98,015	125,018	171,101	196,542	231,885	257,288
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	-	86,706	74,764	72,782	68,807	62,116	53,232	42,203	29,350	15,437
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70,549	70,549	71,065	68,494	68,494	73,014
Non-recurring operating income`76A`	-	64,056	-	-	201,317	-	-	-	1,600	-	5,806	-	-	-	85,000	-	-	-	-	-
Gross operating margin`9900`	10,493	123,891	58,027	59,974	258,574	57,412	59,003	57,007	45,896	13,444	-18,197	13,998	53,531	63,994	65,426	63,910	66,372	65,005	65,103	69,061
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,123	6,639	4,693	3,490	3,391	3,954
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	41,146	34,657	32,272	24,789	23,937	21,910	21,910	21,910	28,727	35,544	34,330	19,848	13,634	17,260	21,071	27,838	27,838	27,838	27,838	27,838
Other operating charges`640/8`	693	16,686	5,567	4,557	5,200	5,166	8,290	1,080	3,990	721	4,164	918	270	210	3,205	3,282	3,284	3,162	3,040	5,869
Non-recurring operating charges`66A`	7,920	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	-39,266	72,548	20,188	30,628	229,437	30,336	28,802	34,016	13,178	-22,821	-56,691	-6,767	39,627	46,525	41,150	32,790	35,250	34,005	34,225	35,353
Financial income`75/76B`	1,455	1,954	795	276	-	414	1,940	-	-	-	18	138	171	249	182	90	129	94	46	45
Recurring financial income`75`	1,455	1,954	795	276	-	414	1,940	-	-	-	18	138	171	249	182	90	129	94	46	45
Financial charges`65/66B`	3,841	4,111	4,572	5,949	9,916	9,584	10,017	10,470	8,806	5,860	7,431	3,281	2,673	4,031	6,751	8,944	11,111	12,928	14,245	17,515
Recurring financial charges`65`	3,841	4,111	4,572	5,949	9,916	9,584	10,017	10,470	8,806	5,860	7,431	3,281	2,673	4,031	6,751	8,944	11,111	12,928	14,245	17,515
Profit (loss) for the period before taxes`9903`	-41,651	70,391	16,411	24,955	219,521	21,166	20,725	23,546	4,372	-28,681	-58,297	-9,910	37,125	42,743	119,581	23,936	24,268	21,171	20,026	17,883
Transfer from deferred taxes`780`	1,761	1,035	-	867	867	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to deferred taxes`680`	-	15,759	-	-	50,329	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	-0	2,882	5,060	7,340	2,757	-	-	-	-	-5	5	-	9,960	26,260	7,087	-	7,974	-	-	-
Profit (loss) for the period`9904`	-39,890	52,785	11,351	18,481	167,301	22,033	21,592	23,546	4,372	-27,861	-56,568	-9,910	27,166	16,484	112,494	23,936	16,293	21,171	20,026	17,883
Transfer from tax-exempt reserves`789`	4,365	2,187	2,550	1,683	1,683	1,683	1,683	2,550	2,550	1,584	3,366	-	-	-	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	47,278	-	-	150,987	-	-	-	-	-	-	-	-	-	85,000	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	-35,525	7,693	13,901	20,165	17,997	23,716	23,275	26,097	6,922	-26,277	-53,202	-9,910	27,166	16,484	27,494	23,936	16,293	21,171	20,026	17,883
Appropriation of the result
Profit (loss) to be appropriated`9906`	155,885	191,409	183,716	169,815	149,651	131,654	107,937	84,662	58,565	51,643	77,920	131,122	147,230	120,064	103,580	76,087	52,151	35,858	14,687	-5,339
Profit (loss) brought forward from the previous period`14P`	191,409	183,716	169,815	149,651	131,654	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	155,000	-	-	-	-	-	-	-	-	-	-	-	6,197	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	6,197	-	-	-	-	-	-	-
To other reserves`6921`	155,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	07-07-2026	2026-00260514	PDF
31-12-2024	micro format	13-08-2025	2025-00383338	PDF
31-12-2023	micro format	02-09-2024	2024-00440755	PDF
31-12-2022	micro format	27-07-2023	2023-00303780	PDF
31-12-2021	micro format	19-08-2022	2022-20297819	PDF
31-12-2020	micro format	12-08-2021	2021-48300173	PDF
31-12-2019	micro format	22-10-2020	2020-62400568	PDF
31-12-2018	micro format	26-08-2019	2019-51400023	PDF
31-12-2017	micro format	15-08-2018	2018-47000394	PDF
31-12-2016	micro format	25-08-2017	2017-49400490	PDF
31-12-2015	abbreviated format	11-08-2016	2016-43700431	PDF
31-12-2014	abbreviated format	15-06-2015	2015-18600075	PDF
31-12-2013	abbreviated format	23-06-2014	2014-21400111	PDF
31-12-2012	abbreviated format	29-07-2013	2013-38500054	PDF
31-12-2011	abbreviated format	31-08-2012	2012-49800005	PDF
31-12-2010	abbreviated format	27-09-2011	2011-55300337	PDF
31-12-2009	abbreviated format	30-08-2010	2010-46500059	PDF
31-12-2008	abbreviated format	31-08-2009	2009-66900046	PDF
31-12-2007	abbreviated format	29-08-2008	2008-65100142	PDF
31-12-2006	abbreviated format	27-08-2007	2007-60200101	PDF
31-12-2005	abbreviated format	29-08-2006	2006-70605263	PDF
31-12-2004	abbreviated format	30-09-2005	2005-77700204	PDF
31-12-2003	abbreviated format	29-07-2004	2004-54204454	PDF
31-12-2002	abbreviated format	31-07-2003	2003-57301963	PDF
31-12-2001	abbreviated format	12-12-2002	2002-75900209	PDF
31-12-2000	abbreviated format	23-05-2002	2002-13200270	PDF
31-12-1999	abbreviated format	23-05-2002	2002-13200268	PDF
31-12-1998	abbreviated format	23-05-2002	2002-13200269	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	1,880	107,205	52,460	55,417	253,374	52,246	50,713	55,927	41,906	12,723	-22,361	13,080	53,261	63,784	62,221	60,628	63,088	61,843	62,063	63,192
Cash flow	1,256	87,441	43,623	43,271	191,239	43,944	43,502	45,457	33,100	7,684	-22,238	9,937	40,800	33,743	133,565	51,774	44,132	49,009	47,865	45,722
Investment in fixed assets (approximation)	379,885	72,000	45,980	0	14,395	0	0	0	0	12,145	398,373	207,120	0	0	-40,000	0	0	0	0	-
Change in cash	-130,274	51,688	-85,473	-122,978	230,501	54,458	6,078	14,912	3,332	-101,468	25,460	-206,763	50,687	-14,024	153,252	14,575	29,720	26,519	17,162	-
Working capital	884	195,781	184,189	213,612	198,275	1,148	-16,273	-10,141	-30,815	-41,566	-206,289	57,762	243,003	200,220	162,502	-17,753	-78,411	-133,572	-195,434	-237,998
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58.3%	46.5%	49.6%	49.6%	50.0%	48.4%
Solvency	48.0%	61.6%	58.0%	55.4%	46.2%	35.3%	31.1%	27.9%	24.6%	23.3%	23.2%	67.8%	67.9%	69.2%	60.0%	42.5%	33.7%	29.1%	22.7%	16.2%
Current ratio	1.02	5.87	5.65	6.70	2.38	1.01	0.89	0.92	0.75	0.66	0.47	2.20	4.79	5.33	2.66	0.86	0.54	0.32	0.16	0.07
Debt to equity	0.90	0.45	0.56	0.64	0.99	1.74	2.11	2.47	2.93	3.13	3.18	0.47	0.47	0.45	0.67	1.36	1.97	2.44	3.41	5.15
ROE	-8.8%	10.7%	2.6%	4.3%	40.7%	9.0%	9.7%	11.7%	2.5%	-16.3%	-28.5%	-3.5%	9.2%	6.2%	44.9%	17.3%	14.3%	21.6%	26.1%	31.6%
ROA	-4.2%	6.6%	1.5%	2.4%	18.8%	3.2%	3.0%	3.3%	0.6%	-3.8%	-6.6%	-2.4%	6.3%	4.3%	27.0%	7.4%	4.8%	6.3%	5.9%	5.1%
Interest coverage	0.49	26.08	11.47	9.31	25.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	-	-	-	-	€500,000
Carrying value of the mortgaged assets	-	-	-	-	€537,511

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€379,885	€72,000	€45,980	-	€14,395
Depreciation and write-downs of the year	€41,146	€34,657	€32,272	€24,789	€23,937

VREVAN

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on VREVAN

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