Financials
Financial year 2025
VIVENDO from Brugge, company number BE0406062883, closed financial year 2025 with a result of € 894,681 after tax. For that financial year VIVENDO recorded revenue of € 44.9 million and equity of € 120 million. Compared with financial year 2024, the result moved from € 4.5 million to € 894,681. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 120 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 894,681
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 24.7 million
▲ 18% 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 € 96.2 million.
People and assets in 2025
75.1
▲ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.7 million
▲ 11% vs 2024
€ 89,600 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.
€ 339,630
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 461.2 million
▼ 1% vs 2024
€ 16.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
€ 7.8 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 124 days on average.
€ 3.9 million
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 31,551,569 | € 37,674,744 | € 48,298,483 | € 44,896,478 | ▼ 7% |
| Profit after taxes | € 449,800 | € 891,121 | € 4,459,704 | € 894,681 | ▼ 80% |
| Equity | € 116,606,026 | € 117,152,117 | € 122,988,286 | € 120,004,062 | ▼ 2% |
| Total debts | € 436,576,991 | € 467,682,645 | € 485,462,680 | € 481,406,996 | ▼ 1% |
| Cash | € 17,212,675 | € 15,006,824 | € 20,947,648 | € 24,748,434 | ▲ 18% |
| Land & buildings | € 450,758,194 | € 485,241,256 | € 518,242,954 | € 536,596,288 | ▲ 4% |
| Retained profit | € 93,370,690 | € 94,261,811 | € 98,633,489 | € 96,161,783 | ▼ 3% |
| Bank debt | € 416,963,924 | € 451,744,640 | € 466,957,207 | € 461,169,474 | ▼ 1% |
| Balance sheet total | € 558,589,546 | € 590,181,985 | € 613,487,534 | € 605,932,612 | ▼ 1% |
| Employees (FTE) | 50.1 | 65 | 70.3 | 75.1 | ▲ 4.8 |
Key figures of VIVENDO, fiscal years 2022 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 VIVENDO?
What happened at VIVENDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ellen De Smet stepped down as director. NBB
- Sebastian Vande Ginste stepped down as director. NBB
- Gaëlle Beeusaert stepped down as director. NBB
- Christine Degroote stepped down as director. NBB
- Doenja Van Belleghem stepped down as director. NBB
- Ellen Goes stepped down as director. NBB
- Franky Demon stepped down as director. NBB
- Nico Blontrock stepped down as director. NBB
In short
From € 449,800 profit in 2022 to € 894,681 profit in 2025.
Paid € 327,039 in corporate taxes since 2022.
Best year ever: 2024, with € 4.5 million profit.
Pays suppliers within 124 days on average.
Management
Directors
According to the 2025 annual accounts
since 2025 · until 2030
Sebastian Vande Ginste
Vice-chairman of the board
Also active at: Ter Luchte, Autonoom Gemeentebedrijf Oostkamp
since 2021 · until 2030
since 2025 · until 2030
Christine Degroote
Director
since 2025 · until 2030
Doenja Van Belleghem
Chairman of the board
since 2021 · until 2030
since 2025 · until 2030
Franky Demon
Vice-chairman of the board
since 2021 · until 2030
since 2021 · until 2030
since 2021 · until 2030
Mieke Hoste
Director
since 2021 · until 2030
Tom Willems
Director
since 2021 · until 2030
since 2025 · until 2030
Vicky Reynaert
Director
since 2021 · until 2030
Christoph De Sutter
Director
since 2025 · until 2030
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Handboogstraat 2 box 13
8000 Brugge
Magdalenastraat 20 box 1
8200 Brugge
Active since 23 May 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.062.883
- VAT number
- BE 0406.062.883
- Registered office
- Handboogstraat 2 bus 13, 8000 Brugge
- Names & denominations
- VIVENDO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 1955
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur van sociale woningen
Verhuur en exploitatie van sociale woningen
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Handel in eigen onroerend goed
Handel in onroerend goed