Financials
Financial year 2025
Woonmaatschappij VIVUS from Harelbeke, company number BE0405430603, closed financial year 2025 with a result of € 1 million after tax. For that financial year Woonmaatschappij VIVUS recorded revenue of € 19.5 million and equity of € 63.8 million. Compared with financial year 2024, the result moved from € 1 million to € 1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 63.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
Profit after tax over the fiscal year.
€ 10.8 million
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 41.2 million.
People and assets in 2025
34.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 3% vs 2024
€ 92,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 225,485
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 229 million
▲ 4% vs 2024
€ 7.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 31 years.
€ 2.1 million
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.
€ 1.6 million
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,632,736 | € 7,794,098 | € 18,767,838 | € 19,547,175 | ▲ 4% |
| Profit after taxes | € 967,820 | € -71,383 | € 1,022,275 | € 1,023,260 | |
| Equity | € 34,147,045 | € 37,496,326 | € 62,928,072 | € 63,760,761 | ▲ 1% |
| Total debts | € 109,300,299 | € 116,714,823 | € 228,854,371 | € 237,728,579 | ▲ 4% |
| Cash | € 8,262,625 | € 5,935,398 | € 11,076,675 | € 10,772,582 | ▼ 3% |
| Land & buildings | € 124,027,922 | € 136,674,875 | € 267,805,887 | € 283,869,779 | ▲ 6% |
| Retained profit | € 22,650,862 | € 22,579,260 | € 40,141,357 | € 41,164,617 | ▲ 3% |
| Bank debt | € 105,637,132 | € 110,395,738 | € 219,186,191 | € 229,016,713 | ▲ 4% |
| Balance sheet total | € 144,850,409 | € 155,580,297 | € 294,143,852 | € 303,989,219 | ▲ 3% |
| Employees (FTE) | 13.7 | 15.1 | 34.9 | 34.8 | ▼ 0.1 |
Key figures of Woonmaatschappij VIVUS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Woonmaatschappij VIVUS?
What happened at Woonmaatschappij VIVUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ELS GEVAERT stepped down as director. NBB
- TINE DESMET stepped down as director. NBB
- CINDY DEFOORT stepped down as director. NBB
- JO DESMET stepped down as director. NBB
- LYNN CALLEWAERT stepped down as director. NBB
- VERONIQUE AMEZ stepped down as director. NBB
- PIET DECAVELE stepped down as director. NBB
- KATLEEN RAVELINGIEN stepped down as director. NBB
In short
From € 967,820 profit in 2021 to € 1 million profit in 2025.
Paid € 101,016 in corporate taxes since 2021.
Best year ever: 2025, with € 1 million profit.
Pays suppliers within 93 days on average.
Management
Directors
According to the 2025 annual accounts
ELS GEVAERT
Director
since 2025 · until 2031
TINE DESMET
Director
since 2025 · until 2031
CINDY DEFOORT
Director
since 2025 · until 2031
JO DESMET
Director
since 2025 · until 2031
LYNN CALLEWAERT
Director
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
KATLEEN RAVELINGIEN
Director
since 2025 · until 2031
LOUIS VANDERBEKEN
Director
since 2025 · until 2031
EDWARD VERSTRAETE
Director
since 2025 · until 2031
since 2025 · until 2031
HENDRIK VAN DAMME
Director
since 2025 · until 2028
PIETRO IACOPUCCI
Director
Also active at: CIPAL, Elk Zijn Huis, Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid, Cultuurcentrum De Schakel VZW
since 2025 · until 2031
RIK SOENS
Chairman of the board
Also active at: Intergemeentelijke Maatschappij voor Openbare Gezondheid in Zuid-West-Vlaanderen, WESTTOER, SW+, Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid, Koninklijke Waregemse Koersvereniging, Inagro, provinciaal extern verzelfstandigd agentschap in privaatrechtelijke vorm, BEDRIJVENCENTRUM REGIO WAREGEM, ELECTRABEL GREEN PROJECTS FLANDERS +9 more
since 2025 · until 2031
ANNIE VANLERBERGHE
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Marktstraat 80
8530 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.430.603
- VAT number
- BE 0405.430.603
- Registered office
- Marktstraat 80, 8530 Harelbeke
- Names & denominations
- Woonmaatschappij VIVUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 13 Jun 2025
- Activities · NACE
Verhuur en exploitatie van sociale woningen
Verhuur van sociale woningen
Ontwikkeling van residentiële bouwprojecten