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VTP Workx

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Private limited companyfounded 2019active for 7 yearsLarumseweg 96, 2250 Olen, BelgiumKBO/BCE: BE 0717.859.089

Financials · financial year 2025, micro format

2025 annual accounts filed 19 days after the deadline Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00406416.

Annual accounts 2025 filed on 19-08-2026 at the NBB all 6 filings

Turnover
≈ €87,000
Estimated: probably between €51,000 and €120,000
Total assets
€684,794▲ 7.1%
2024 · €639,108
Net result
€89,350▲ 21.7%
2024 · €73,398
Working capital
-€225,493▲ 6.7%
2024 · -€241,563
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is 28% lower than in 2024.

Operating result€23,005 2025 Net result€89,350 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 Activities of head offices; management consultancy activities (NACE 70). 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
Line202020212022202320242025
Operating result€6,925--€3,105€1,628€19,890▲ 12×€32,039▲ 61.1%€23,005▼ 28.2%
Net result€3,938within the sector's middle half--€4,500below the sector's middle half€3,206within the sector's middle half€8,524within the sector's middle half▲ 166%€73,398above the sector's middle half▲ 761%€89,350above the sector's middle half▲ 21.7%
Equity€22,095below the sector's middle half-€17,594below the sector's middle half▼ 20.4%€20,800below the sector's middle half▲ 18.2%€29,324within the sector's middle half▲ 41.0%€142,097within the sector's middle half▲ 385%€231,447above the sector's middle half▲ 62.9%
Total assets€65,434below the sector's middle half-€56,473below the sector's middle half▼ 13.7%€635,934above the sector's middle half▲ 11×€637,268above the sector's middle half▲ 0.2%€639,108above the sector's middle half▲ 0.3%€684,794above the sector's middle half▲ 7.1%
Debt€43,340-€38,879▼ 10.3%€615,134▲ 16×€607,944▼ 1.2%€497,011▼ 18.2%€453,347▼ 8.8%
Working capital€22,383within the sector's middle half-€15,828within the sector's middle half▼ 29.3%-€247,634below the sector's middle half-€297,654below the sector's middle half▼ 20.2%-€241,563below the sector's middle half▲ 18.8%-€225,493below the sector's middle half▲ 6.7%
Solvency33.8%within the sector's middle half-31.2%within the sector's middle half▼ 2.6pp3.3%below the sector's middle half▼ 27.9pp4.6%below the sector's middle half▲ 1.3pp22.2%below the sector's middle half▲ 17.6pp33.8%within the sector's middle half▲ 11.6pp
Current ratio2.24within the sector's middle half-1.81within the sector's middle half▼ 0.440.08below the sector's middle half▼ 1.720.09below the sector's middle half▲ 0.010.14below the sector's middle half▲ 0.040.15below the sector's middle half▲ 0.02
Return on assets (ROA)6.0%within the sector's middle half--8.0%below the sector's middle half▼ 14.0pp0.5%below the sector's middle half▲ 8.5pp1.3%below the sector's middle half▲ 0.8pp11.5%within the sector's middle half▲ 10.1pp13.0%within the sector's middle half▲ 1.6pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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
Assets €684,794
Fixed assets €643,701 ▲ 7.1%
Current assets €41,093 ▲ 7.3%
Equity and liabilities €684,794
Equity €231,447 ▲ 62.9%
Debt €453,347 ▼ 8.8%
Debt's share of the balance-sheet total falls from 77.8% to 66.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28,499▼
2024 · €38,357
Cash flow
€94,844▲
2024 · €79,715
Debt to equity
1.96▼
2024 · 3.50
ROE
38.6%▼
2024 · 51.7%
Interest coverage
4.17▲
2024 · 2.32
Debt ≤ 1 year
€266,587▼
2024 · €279,873
Debt > 1 year
€186,761▼
2024 · €215,064
Income taxes
€5,290▼
2024 · €5,495
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€4,333€724--€53,377
Financial fixed assets-€600,000---
Depreciation and write-downs of the year€8,398€7,607€6,984€6,318€5,493

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€639,108€684,794▲
Fixed assets21/28€600,798€643,701▲
Tangible fixed assets22/27€798€43,701▲
Plant, machinery and equipment23€142€0▼
Furniture and vehicles24€657€43,701▲
Financial fixed assets28€600,000€600,000=
Current assets29/58€38,310€41,093▲
Amounts receivable within one year40/41€15,076€30,237▲
Trade receivables40€0-
Other amounts receivable41€15,076€30,237▲
Cash at bank and in hand54/58€21,630€4,840▼
Deferred charges and accrued income490/1€1,603€6,016▲
Equity and liabilities
Total equity and liabilities10/49€639,108€684,794▲
Equity10/15€142,097€231,447▲
Contributions10/11€1,000€1,000=
Reserves13€100€100=
Distributable reserves133€100€100=
Profit (loss) carried forward14€140,997€230,347▲
Amounts payable17/49€497,011€453,347▼
Amounts payable after more than one year17€215,064€186,761▼
Financial debts170/4€215,064€186,761▼
Amounts payable within one year42/48€279,873€266,587▼
Current portion of amounts payable after more than one year42€64,934€68,712▲
Financial debts43€2,010€2,050▲
Credit institutions430/8€2,010€2,050▲
Trade debts44€4,360€8,344▲
Suppliers440/4€4,360€8,344▲
Taxes, remuneration and social security45€2,684€545▼
Taxes450/3€2,684€545▼
Other amounts payable47/48€205,885€186,936▼
Accrued charges and deferred income492/3€2,075€0▼
Income statement Code20242025
Non-recurring operating income76A-€9,203
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,318€5,493▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,708€0▲
Other operating charges640/8€4,071€1,393▼
Gross operating margin9900€39,721€29,892▼
Operating profit (loss)9901€32,039€23,005▼
Financial income75/76B€63,387€78,463▲
Recurring financial income75€63,387€78,463▲
Financial charges65/66B€16,533€6,828▼
Recurring financial charges65€16,533€6,828▼
Profit (loss) for the period before taxes9903€78,893€94,640▲
Income taxes67/77€5,495€5,290▼
Profit (loss) for the period9904€73,398€89,350▲
Profit (loss) for the period to be appropriated9905€73,398€89,350▲
Appropriation of the result
Profit (loss) to be appropriated9906€140,997€230,347▲
Profit (loss) brought forward from the previous period14P€67,599€140,997▲

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-08-2026.

Line202020212022202320242025Change
Non-recurring operating income76A-----€9,203-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,480€8,398€7,607€6,984€6,318€5,493▼ 13.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€2,708€0-€2,708€0-
Other operating charges640/8-€1,017€1,150€696€4,071€1,393▼ 65.8%
Non-recurring operating charges66A-€0-----
Gross operating margin9900€24,635€6,310€13,093€27,570€39,721€29,892▼ 24.7%
Operating profit (loss)9901€6,925-€3,105€1,628€19,890€32,039€23,005▼ 28.2%
Financial income75/76B-€447€0-€63,387€78,463▲ 23.8%
Recurring financial income75€92€447€0-€63,387€78,463▲ 23.8%
Financial charges65/66B-€1,662€4,189€7,368€16,533€6,828▼ 58.7%
Recurring financial charges65€428€1,662€3,967€7,368€16,533€6,828▼ 58.7%
Non-recurring financial charges66B--€222€0---
Profit (loss) for the period before taxes9903€6,589-€4,319-€2,561€12,521€78,893€94,640▲ 20.0%
Income taxes67/77€2,651€181-€5,766€3,997€5,495€5,290▼ 3.7%
Profit (loss) for the period9904€3,938-€4,500€3,206€8,524€73,398€89,350▲ 21.7%
Profit (loss) for the period to be appropriated9905€3,938-€4,500€3,206€8,524€73,398€89,350▲ 21.7%
Line202020212022202320242025Change
Assets
Total assets20/58€65,434€56,473€635,934€637,268€639,108€684,794▲ 7.1%
Fixed assets21/28€25,049€20,983€614,100€607,116€600,798€643,701▲ 7.1%
Tangible fixed assets22/27€25,049€20,983€14,100€7,116€798€43,701▲ 55×
Plant, machinery and equipment23-€863€1,072€416€142€0▼ 100%
Furniture and vehicles24-€20,121€13,028€6,700€657€43,701▲ 67×
Financial fixed assets28--€600,000€600,000€600,000€600,000=
Current assets29/58€40,385€35,490€21,834€30,152€38,310€41,093▲ 7.3%
Amounts receivable within one year40/41€13,257€18,288€20,932€26,437€15,076€30,237▲ 101%
Trade receivables40-€10,536€15,089€12,669€0--
Other amounts receivable41-€7,752€5,843€13,769€15,076€30,237▲ 101%
Current investments50/53-€4,500€0----
Cash at bank and in hand54/58€25,579€12,183€378€3,199€21,630€4,840▼ 77.6%
Deferred charges and accrued income490/1-€518€524€516€1,603€6,016▲ 275%
Equity and liabilities
Total equity and liabilities10/49€65,434€56,473€635,934€637,268€639,108€684,794▲ 7.1%
Equity10/15€22,095€17,594€20,800€29,324€142,097€231,447▲ 62.9%
Contributions10/11-€1,000€1,000€1,000€1,000€1,000=
Reserves13€100€100€100€100€100€100=
Non-distributable reserves130/1-€100€100€0---
Reserves not available under the articles1311-€100€100€0---
Distributable reserves133---€100€100€100=
Profit (loss) carried forward14€20,995€16,494€19,700€28,224€140,997€230,347▲ 63.4%
Amounts payable17/49€43,340€38,879€615,134€607,944€497,011€453,347▼ 8.8%
Amounts payable after more than one year17€25,337€18,940€345,666€279,998€215,064€186,761▼ 13.2%
Financial debts170/4-€18,940€345,666€279,998€215,064€186,761▼ 13.2%
Amounts payable within one year42/48€18,002€19,662€269,468€327,807€279,873€266,587▼ 4.7%
Current portion of amounts payable after more than one year42-€6,397€64,599€65,668€64,934€68,712▲ 5.8%
Financial debts43-€0-€1,875€2,010€2,050▲ 2.0%
Credit institutions430/8-€0-€1,875€2,010€2,050▲ 2.0%
Trade debts44€2,717€6,397€3,146€1,216€4,360€8,344▲ 91.4%
Suppliers440/4-€6,397€3,146€1,216€4,360€8,344▲ 91.4%
Taxes, remuneration and social security45-€5,243€4,468€6,205€2,684€545▼ 79.7%
Taxes450/3-€5,243€4,468€6,205€2,684€545▼ 79.7%
Other amounts payable47/48-€1,624€197,255€252,842€205,885€186,936▼ 9.2%
Accrued charges and deferred income492/3-€277€0€139€2,075€0▼ 100%
Line202020212022202320242025Change
Profit (loss) for the period9904€3,938-€4,500€3,206€8,524€73,398€89,350▲ 21.7%
+ Depreciation and write-downs630€7,480€8,398€7,607€6,984€6,318€5,493▼ 13.0%
Operating cash flow (approximation)€11,418€3,898€10,813€15,509€79,715€94,844▲ 19.0%
Investment in fixed assets (approximation)--€4,333-€600,724€0€0-€48,396-
Change in cash--€13,395-€11,806€2,821€18,431-€16,790-

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 (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-08-2026 2026-00406416 PDF
31-12-2024 micro format 21-08-2025 2025-00387954 PDF
31-12-2023 micro format 09-01-2025 2025-00002131 PDF
31-12-2022 micro format 17-07-2023 2023-00240273 PDF
31-12-2021 micro format 18-07-2022 2022-20194240 PDF
31-12-2020 micro format 05-07-2021 2021-30000171 PDF

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