VLH Holding
VLH Holding and the 16 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 17 of the 17 Belgian companies (financial years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: VLH Holding, no verdict.
- 1 company with negative equity: PJ Company (-€126,279).
- 7 companies with a loss in the latest year: WV Fruithof (-€284,033), PJ Company (-€179,359), MD Sint-Truiden (-€151,380), WL Waterschei (-€134,553), HL Hasselt (-€110,481), NW Diest (-€99,711) and 1 more.
- 22.2% of the added-up total assets sits in one company: VLH Holding.
- 6.5% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- VLH Holding16 subsidiariesNo verdict€11.1m €4.4m 2025
- Fair · 55€2.6m €1.5m 2025
- Healthy · 68€2.2m €264,019 2025
- Fair · 52€3.7m €1.6m 2025
- Fair · 54€2.9m €111,067 2025
- Fair · 53€1.8m €67,637 2025
- Fair · 51€2.4m €72,467 2025
- Fair · 53€2.5m €105,885 2025
- Fair · 52€2.5m €948,620 2025
- Fair · 52€2.1m €700,289 2025
- Elevated · 48€3.2m €59,212 2025
- Fair · 51€2.0m -€126,279 2025
- Fair · 53€215,150 €14,280 2025
- Fair · 53€1.7m €150,838 2025
- Healthy · 84€2.4m €666,881 2025
- Fair · 53€2.5m €965,447 2025
- Fair · 47€4.2m €215,967 2025
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Shared directors
Who sits on the boards of several group companies. This is where control over the group sits in practice.
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7VLH Holdinggroup company
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
No publications by the group companies in the last two years in our event lists.
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Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 31-10-2026