Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
von Karman Institute for Fluid Dynamics from Sint-Genesius-Rode, company number BE0407185709, closed financial year 2025 with a result of € 127,965 after tax. For that financial year von Karman Institute for Fluid Dynamics recorded revenue of € 9.8 million and equity of € 27 million. Compared with financial year 2024, the result moved from € 265,544 to € 127,965. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 27 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 127,965
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 3.3 million
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
158
▲ 19 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.1 million
▲ 14% vs 2024
€ 108,000 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.
€ 45,840
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 608,916
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 2.5 million
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,344,327 | € 12,731,259 | € 13,028,100 | € 9,763,310 | ▼ 25% |
| Profit after taxes | € -921,041 | € 1,393,098 | € 265,544 | € 127,965 | ▼ 52% |
| Equity | € 291,764 | € 25,924,424 | € 26,593,392 | € 27,017,718 | ▲ 2% |
| Total debts | € 38,482,595 | € 22,220,030 | € 35,730,466 | € 40,350,955 | ▲ 13% |
| Cash | € 7,222,188 | € 8,817,539 | € 15,854,983 | € 3,288,333 | ▼ 79% |
| Retained profit | € 291,764 | € 1,684,862 | € 1,950,406 | € 2,078,371 | ▲ 7% |
| Bank debt | € 1,006,449 | € 218,129 | € 56,037 | € 0 | ▼ 100% |
| Balance sheet total | € 38,798,574 | € 48,144,454 | € 62,412,736 | € 67,369,989 | ▲ 8% |
| Employees (FTE) | 129.6 | 132.5 | 139 | 158 | ▲ 19 |
Key figures of von Karman Institute for Fluid Dynamics, 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 von Karman Institute for Fluid Dynamics?
What happened at von Karman Institute for Fluid Dynamics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 127,965 (▼ 52% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
In short
From € 921,041 loss in 2022 to € 127,965 profit in 2025.
Best year ever: 2023, with € 1.4 million profit.
Pays suppliers within 33 days on average.
A new publication or filing at von Karman Institute for Fluid Dynamics? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Waterloose Steenweg 72
1640 Sint-Genesius-Rode
Quai Banning 6
4000 Liège
Active since 1 February 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.185.709
- VAT number
- BE 0407.185.709
- Registered office
- Waterloose Steenweg 72, 1640 Sint-Genesius-Rode
- Names & denominations
- von Karman Institute for Fluid Dynamics · VKI
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 20 December 1956
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied