VSL TRANSFORMATIONS
ActiveSummary
VSL TRANSFORMATIONS has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,249 and a net result of €28,568, of which €22,665 non-recurring income. Equity has been growing by about 5.3% per year since 2018. Its solvency ranks better than 72% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-03-1978 Normal situation
- Activity
- Roofing work NACE 43410
- Establishment units
- 2.174.513.039 7090 Braine-le-Comte, since 01-07-2008
- 2.379.956.267 1070 Anderlecht, since 01-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 22-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €73,489
- ▲ 24.9%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €28,568
- ▲ 46.5%
- Equity
- €152,249
- ▲ 23.1%
- Total assets
- €227,851
- ▲ 17.7%
Score breakdownraises risk1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.53, cash €65,307Founded in 1978Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
92+3
equity 66.8% of total assets
Liquidity
74+8
short-term debt 28.6% · cash 28.7%
Profitability
84+14
return on assets 12.5%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.2 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.3%▲ +0.4 percentage points vs 07-2025
09-2025: 0.3%▼ -1.0 percentage point vs 08-2025
10-2025: 0.4%▲ +0.1 percentage points vs 09-2025
11-2025: 1.8%▲ +1.4 percentage points vs 10-2025highest value
12-2025: 1.8%● unchanged vs 11-2025highest value
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 0.4%▼ -1.4 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.3 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.53 (3.18 in 2024), above the usual 1.5. Short-term debt is 28.6% and cash 28.7% of total assets. 33.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 73% of them on solvency, 73% on liquidity, 68% on profitability and 70% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
20 days late
2023
29 days late
2022
31 days late
2021
31 days late
2020
26 days late
2019
56 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 47 filings
Turnover
≈ €320,000
Estimated: probably between €200,000 and €430,000
Total assets
€227,851▲ 17.7%
2024 · €193,613
Net result
€28,568▲ 46.5%
2024 · €19,498
Working capital
€99,364▲ 2.6%
2024 · €96,884
In the rankings
#6 oldest company in Anderlecht, Construction sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€53,007
▲ 55.6%
2025
20182025
Net result
€28,568
▲ 46.5%
2025
middle half of the sector
20182025
Equity
€152,249
▲ 23.1%
2025
highest quarter of the sector
20182025
Total assets
€227,851
▲ 17.7%
2025
middle half of the sector
20182025
Debt
€65,102
▲ 46.5%
2025
20182025
Working capital
€99,364
▲ 2.6%
2025
highest quarter of the sector
20182025
Solvency
66.8%
▲ 2.9pp
2025
middle half of the sector
20182025
Current ratio
2.53
▼ 0.65
2025
middle half of the sector
20182025
Return on assets (ROA)
12.5%
▲ 2.5pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€20,327-€47,109▲ 132%€22,947▼ 51.3%€9,513▼ 58.5%€789▼ 91.7%-€5,171€34,069€53,007▲ 55.6%
Net result€10,353-€42,923▲ 315%€12,579within the sector's middle half▼ 70.7%€2,200within the sector's middle half▼ 82.5%-€9,389below the sector's middle half-€11,384below the sector's middle half▼ 21.3%€19,498within the sector's middle half€28,568within the sector's middle half▲ 46.5%
Equity€67,252-€110,175▲ 63.8%€122,755within the sector's middle half▲ 11.4%€124,955above the sector's middle half▲ 1.8%€115,567within the sector's middle half▼ 7.5%€104,182within the sector's middle half▼ 9.9%€123,681within the sector's middle half▲ 18.7%€152,249above the sector's middle half▲ 23.1%
Total assets€380,118-€475,989▲ 25.2%€465,800within the sector's middle half▼ 2.1%€421,625above the sector's middle half▼ 9.5%€376,773above the sector's middle half▼ 10.6%€353,335above the sector's middle half▼ 6.2%€193,613within the sector's middle half▼ 45.2%€227,851within the sector's middle half▲ 17.7%
Debt€287,365-€340,314▲ 18.4%€317,545▼ 6.7%€271,170▼ 14.6%€235,706▼ 13.1%€223,653▼ 5.1%€44,432▼ 80.1%€65,102▲ 46.5%
Working capital€28,355-€75,804▲ 167%€71,956within the sector's middle half▼ 5.1%€106,757above the sector's middle half▲ 48.4%€102,054above the sector's middle half▼ 4.4%€92,610above the sector's middle half▼ 9.3%€96,884above the sector's middle half▲ 4.6%€99,364above the sector's middle half▲ 2.6%
Solvency17.7%-23.1%▲ 5.5pp26.4%within the sector's middle half▲ 3.2pp29.6%within the sector's middle half▲ 3.3pp30.7%within the sector's middle half▲ 1.0pp29.5%within the sector's middle half▼ 1.2pp63.9%within the sector's middle half▲ 34.4pp66.8%within the sector's middle half▲ 2.9pp
Current ratio1.37-1.89▲ 0.521.93within the sector's middle half▲ 0.042.80within the sector's middle half▲ 0.872.94within the sector's middle half▲ 0.142.46within the sector's middle half▼ 0.483.18within the sector's middle half▲ 0.722.53within the sector's middle half▼ 0.65
Return on assets (ROA)2.7%-9.0%▲ 6.3pp2.7%within the sector's middle half▼ 6.3pp0.5%below the sector's middle half▼ 2.2pp-2.5%below the sector's middle half▼ 3.0pp-3.2%below the sector's middle half▼ 0.7pp10.1%within the sector's middle half▲ 13.3pp12.5%within the sector's middle half▲ 2.5pp
Staff (FTE)0.30.6below the sector's middle half▲ 100%1▲ 66.7%1=1=0.7▼ 30.0%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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 operating result for 2025 is 56% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or 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
Assets €227,851
Fixed assets
€63,384 ▲ 21.2%
Current assets
€164,467 ▲ 16.4%
Equity and liabilities €227,851
Equity
€152,249 ▲ 23.1%
Provisions
€10,500 ▼ 58.8%
Debt
€65,102 ▲ 46.5%
Debt's share of the balance-sheet total rises from 22.9% to 28.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69,768▲
2024 · €48,683
Cash flow
€45,329▲
2024 · €34,112
Quick ratio
2.31▼
2024 · 2.60
Debt to equity
0.43▲
2024 · 0.36
ROE
18.8%▲
2024 · 15.8%
Interest coverage
9.71▲
2024 · 4.63
Debt ≤ 1 year
€65,102▲
2024 · €44,432
Income taxes
€17,267▲
2024 · €4,394
Staff costs
€0▼
2024 · €6,446
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 0 |
| full-time | 1 | 1 | 1 | 0 |
| part-time | - | - | - | 0 |
| in full-time equivalents | 1 | 1 | 1 | 0 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 | 0.7 |
| On a permanent contract | - | - | - | 0 |
| Joined | - | - | - | 0 |
| Left | - | - | - | 1 |
| Training hours | - | - | - | 0 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €27,379 | €32,739 | €6,000 | €35,186 | €32,352 |
| Financial fixed assets | - | - | - | €2,882 | €0 |
| Depreciation and write-downs of the year | €28,433 | €28,890 | €28,386 | €14,614 | €16,761 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,933 | €11,343 | €46,520 | €22,665 | ▼ 51.3% |
| Remuneration, social security and pensions62 | - | - | - | €5,131 | €9,588 | €7,141 | €6,446 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,732 | €42,731 | €39,905 | €28,433 | €28,890 | €28,386 | €14,614 | €16,761 | ▲ 14.7% |
| Other operating charges640/8 | - | - | - | €2,297 | €2,640 | €2,095 | €3,720 | €2,917 | ▼ 21.6% |
| Non-recurring operating charges66A | - | - | - | - | €158 | - | - | €805 | - |
| Gross operating margin9900 | €73,337 | €96,158 | €85,369 | €45,373 | €42,064 | €32,451 | €58,849 | €73,489 | ▲ 24.9% |
| Operating profit (loss)9901 | €20,327 | €47,109 | €22,947 | €9,513 | €789 | -€5,171 | €34,069 | €53,007 | ▲ 55.6% |
| Financial income75/76B | - | - | - | €6 | €75 | €101 | €339 | €17 | ▼ 95.1% |
| Recurring financial income75 | €5 | €1,623 | €7 | €6 | €75 | €101 | €339 | €17 | ▼ 95.1% |
| Financial charges65/66B | - | - | - | €6,478 | €7,614 | €6,051 | €10,517 | €7,188 | ▼ 31.6% |
| Recurring financial charges65 | €5,640 | €6,964 | €6,688 | €6,478 | €7,614 | €6,051 | €10,517 | €7,188 | ▼ 31.6% |
| Profit (loss) for the period before taxes9903 | €14,692 | €41,769 | €16,267 | €3,041 | -€6,750 | -€11,121 | €23,892 | €45,835 | ▲ 91.8% |
| Income taxes67/77 | €4,339 | -€1,154 | €3,687 | €840 | €2,639 | €263 | €4,394 | €17,267 | ▲ 293% |
| Profit (loss) for the period9904 | €10,353 | €42,923 | €12,579 | €2,200 | -€9,389 | -€11,384 | €19,498 | €28,568 | ▲ 46.5% |
| Profit (loss) for the period to be appropriated9905 | €10,353 | €42,923 | €12,579 | €2,200 | -€9,389 | -€11,384 | €19,498 | €28,568 | ▲ 46.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €380,118 | €475,989 | €465,800 | €421,625 | €376,773 | €353,335 | €193,613 | €227,851 | ▲ 17.7% |
| Fixed assets21/28 | €274,781 | €314,853 | €316,712 | €255,704 | €222,126 | €197,199 | €52,297 | €63,384 | ▲ 21.2% |
| Tangible fixed assets22/27 | €273,977 | €314,048 | €315,907 | €254,899 | €221,321 | €196,394 | €48,610 | €60,502 | ▲ 24.5% |
| Land and buildings22 | - | - | - | €186,757 | €173,879 | €162,155 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €4,560 | €3,125 | €1,690 | €810 | €26,043 | ▲ 32× |
| Furniture and vehicles24 | - | - | - | €63,582 | €44,317 | €32,549 | €47,800 | €34,459 | ▼ 27.9% |
| Financial fixed assets28 | €805 | €805 | €805 | €805 | €805 | €805 | €3,687 | €2,882 | ▼ 21.8% |
| Current assets29/58 | €105,336 | €161,136 | €149,088 | €165,921 | €154,647 | €156,136 | €141,316 | €164,467 | ▲ 16.4% |
| Stocks and contracts in progress3 | €2,680 | €2,546 | €2,812 | €2,939 | €2,939 | €25,995 | €25,891 | €14,279 | ▼ 44.9% |
| Stocks30/36 | - | - | - | €2,939 | €2,939 | €25,995 | €25,891 | €14,279 | ▼ 44.9% |
| Amounts receivable within one year40/41 | €56,202 | €74,352 | €78,634 | €72,778 | €78,864 | €62,290 | €74,517 | €78,530 | ▲ 5.4% |
| Trade receivables40 | - | - | - | €23,550 | €30,238 | €8,942 | €18,209 | €12,496 | ▼ 31.4% |
| Other amounts receivable41 | - | - | - | €49,228 | €48,626 | €53,347 | €56,308 | €66,034 | ▲ 17.3% |
| Current investments50/53 | - | - | - | €328 | €0 | €5,702 | €671 | €631 | ▼ 5.9% |
| Cash at bank and in hand54/58 | €44,572 | €80,886 | €63,476 | €85,437 | €69,024 | €57,473 | €36,940 | €65,307 | ▲ 76.8% |
| Deferred charges and accrued income490/1 | - | - | - | €4,440 | €3,821 | €4,676 | €3,298 | €5,720 | ▲ 73.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €380,118 | €475,989 | €465,800 | €421,625 | €376,773 | €353,335 | €193,613 | €227,851 | ▲ 17.7% |
| Equity10/15 | €67,252 | €110,175 | €122,755 | €124,955 | €115,567 | €104,182 | €123,681 | €152,249 | ▲ 23.1% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €2,057 | €2,057 | €2,057 | €2,057 | €2,057 | €2,057 | €2,057 | €30,625 | ▲ 15× |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €198 | €198 | €198 | €198 | €28,766 | ▲ 145× |
| Profit (loss) carried forward14 | €46,603 | €89,526 | €102,106 | €104,306 | €94,918 | €83,533 | €103,032 | €103,032 | = |
| Provisions and deferred taxes16 | €25,500 | €25,500 | €25,500 | €25,500 | €25,500 | €25,500 | €25,500 | €10,500 | ▼ 58.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €25,500 | €25,500 | €25,500 | €25,500 | €10,500 | ▼ 58.8% |
| Pensions and similar obligations160 | - | - | - | €15,000 | €15,000 | €15,000 | €15,000 | €0 | ▼ 100% |
| Major repairs and maintenance162 | - | - | - | €10,500 | €10,500 | €10,500 | €10,500 | €10,500 | = |
| Amounts payable17/49 | €287,365 | €340,314 | €317,545 | €271,170 | €235,706 | €223,653 | €44,432 | €65,102 | ▲ 46.5% |
| Amounts payable after more than one year17 | €210,308 | €236,565 | €240,413 | €212,006 | €183,113 | €160,127 | €0 | - | - |
| Financial debts170/4 | - | - | - | €212,006 | €183,113 | €160,127 | €0 | - | - |
| Amounts payable within one year42/48 | €76,982 | €85,333 | €77,132 | €59,164 | €52,593 | €63,526 | €44,432 | €65,102 | ▲ 46.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €28,407 | €28,893 | €22,986 | €5,631 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €271 | €119 | - | €198 | €1,322 | ▲ 568% |
| Credit institutions430/8 | - | - | - | €271 | €119 | - | €198 | €1,322 | ▲ 568% |
| Trade debts44 | €10,009 | €25,853 | €17,712 | €9,468 | €4,286 | €25,034 | €7,782 | €11,801 | ▲ 51.6% |
| Suppliers440/4 | - | - | - | €9,468 | €4,286 | €25,034 | €7,782 | €11,801 | ▲ 51.6% |
| Advances received on contracts in progress46 | - | - | - | €13,298 | €13,298 | €10,698 | €23,198 | €29,157 | ▲ 25.7% |
| Taxes, remuneration and social security45 | - | - | - | €7,720 | €5,997 | €4,807 | €7,624 | €22,822 | ▲ 199% |
| Taxes450/3 | - | - | - | €4,527 | €3,233 | €2,438 | €5,874 | €22,822 | ▲ 289% |
| Remuneration and social security454/9 | - | - | - | €3,192 | €2,765 | €2,370 | €1,750 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,353 | €42,923 | €12,579 | €2,200 | -€9,389 | -€11,384 | €19,498 | €28,568 | ▲ 46.5% |
| + Depreciation and write-downs630 | €47,732 | €42,731 | €39,905 | €28,433 | €28,890 | €28,386 | €14,614 | €16,761 | ▲ 14.7% |
| Operating cash flow (approximation) | €58,085 | €85,654 | €52,484 | €30,633 | €19,501 | €17,002 | €34,112 | €45,329 | ▲ 32.9% |
| Investment in fixed assets (approximation) | - | -€82,802 | -€41,764 | €32,576 | €4,688 | -€3,459 | €130,288 | -€27,848 | - |
| Change in cash | - | €36,314 | -€17,409 | €21,961 | -€16,413 | -€11,551 | -€20,533 | €28,367 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as VSL TRANSFORMATIONS has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VSL TRANSFORMATIONS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for VSL TRANSFORMATIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 47 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00352962 | |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00385330 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00391142 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00395346 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20376338 | |
| 31-12-2020 | abbreviated format | 26-08-2021 | 2021-54000170 | |
| 31-12-2019 | abbreviated format | 25-09-2020 | 2020-55700056 | |
| 31-12-2018 | abbreviated format | 20-08-2019 | 2019-47800176 | |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-50300531 | |
| 31-12-2016 | abbreviated format | 18-08-2017 | 2017-44400557 |
Board & ownership
Directors
Directors
1 director, last change in 2024
VANHOEYMISSEN, Sébastien André
Current
Statutory director · since 23-03-2001 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-07-2026
Owners and capital
Capital transactions
Capital over time
- 19-01-2024 Converted to unavailable equity
Network & group
VSL TRANSFORMATIONS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of VSL TRANSFORMATIONS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-07
micro format · 1 day before the deadline
2025
31-12
Financial
Equity above €150,000equity €152,249 ▲23.1%
After 2 profitable years in a row, equity reaches €152,249.
24-10
Gazette deed
Registered office moved from Enghien to AnderlechtNew seat: Avenue des Cardamines 21 1070 Anderlecht · Previous seat: Rue fontaine à louche 102 7850 Enghien · Power of attorney3 points ▸
Gazette deed
Registered office moved from Enghien to Anderlecht
New seat: Avenue des Cardamines 21 1070 Anderlecht · Previous seat: Rue fontaine à louche 102 7850 Enghien · Power of attorney3 points ▸
- General meeting, 08-06-2025
- Registered-office move, Avenue des Cardamines 21 1070 Anderlecht
- Power of attorney, BV Van Den Neste & Partners
20-08
micro format · 20 days late
2024
31-12
Financial
Back to profitnet €19,498
The net result is €19,498, after 2 loss-making years.
29-08
micro format · 29 days late
19-01
Gazette deed
Appointment: VANHOEYMISSEN, Sébastien André (statutory director)Amendment of the articles · Capital conversion · Reserve release9 points ▸
Gazette deed
Appointment: VANHOEYMISSEN, Sébastien André (statutory director)
Amendment of the articles · Capital conversion · Reserve release9 points ▸
- General meeting, 22-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in Dutch)
- Reserve release, “supprimer le compte de capitaux propres statutairement indisponible créé en application de l'article 39, §2, deuxième alinéa, rendre ces fonds disponibles pour…” (deed in Dutch)
- Approval, “modification proposée de l'objet, notaire conserve le rapport au dossier” (deed in Dutch)
- Purpose change
- Director appointment, VANHOEYMISSEN, Sébastien André (statutory director)
- Registered office clause, “7850 Enghien, Rue de la Fontaine à Louche 102” (deed in Dutch)
- Power of attorney, Koen Diegenant
2023
31-12
Financial
Weakest financial yearnet -€11,384
The net result drops to -€11,384, the lowest from 2018 to 2025. It recovers the following year.
31-08
micro format · 31 days late
2022
31-08
micro format · 31 days late
2021
26-08
abbreviated format · 26 days late
2020
25-09
abbreviated format · 56 days late
Show earlier events
2019
31-12
Financial
Highest result from 2018 to 2025net €42,923 ▲315%
The net result of €42,923 is the highest of those years.
31-12
Financial
Equity above €100,000equity €110,175 ▲63.8%
With a profit in every financial year since 2018, equity grows to €110,175.
20-08
abbreviated format · 20 days late
2018
27-08
abbreviated format · 27 days late
2017
18-08
abbreviated format · 18 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
VSL TRANSFORMATIONS in French
Enterprise number
0418.226.782
Legal form
Private limited company
Status
Active, normale toestand
Founded
21-03-1978
Entity type
Legal entity
Registered office and establishments
Registered office
Veldkerslaan 21, 1070 Anderlecht, Belgium
Establishment units
Rue Neuve 9, 7090 Braine-le-Comte since 01-07-2008 · unit number 2.174.513.0394100106 General construction of residential buildings
Veldkerslaan 21, 1070 Anderlecht since 01-10-2025 · unit number 2.379.956.2674100106 General construction of residential buildings
Activities
NACEBEL 202543410
Roofing work main activity
Codes under NACEBEL 2008
43910
Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 19-01-2024 (in Dutch)
“La maîtrise d'ouvrage de travaux de plomberie, de plomb et de zinguerie, de couverture, de chauffage central, de travaux d'aménagement et de…”
5 activities
- La maîtrise d'ouvrage de travaux de plomberie, de plomb et de zinguerie, de couverture, de chauffage central, de travaux d'aménagement et de réparation de tout bâtiment ou édifice.
- En tant qu'entreprise générale, la coordination des activités liées à l'exécution totale ou partielle de travaux de construction ou d'achèvement par des sous-traitants.
- Acquérir, céder, gérer, exploiter, valoriser, lotir, aménager, louer et donner à bail, faire construire ou reconstruire des biens.
- Les entreprises d'échafaudages de construction, ainsi que de jointoiement et de nettoyage de façades, d'isolation thermique et phonique, de réalisation de chapes, de plâtres et de barrettes, de fabrication et de pose de cheminées décoratives et autres décorations en marbre ou en pierre.
- Achat et vente de montres et d'articles similaires.
Invoicing and payment
VAT number
BE 0418.226.782
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0418.226.782
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 11:00
deed of 19-01-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
576 m²
Building footprint
147 m²
Building volume
1,327 m³
Tallest building: 12.3 m.
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21307E0150/00Z000 | Brussels | 312 m² | 1 · 97 m² | 12.1 m · 3 |
| 55302C0118/00A004 | Wallonia | 264 m² | 1 · 50 m² | 12.3 m · 4 |