Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
Vlaams Woningfonds from Brussel, company number BE0421111543, closed financial year 2025 with a result of € 0 after tax. For that financial year Vlaams Woningfonds recorded revenue of € 356,653 and equity of € 270 million. Compared with financial year 2024, the result moved from € 3.7 million to € 0. Around break-even. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 270 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
▼ 100% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 28% 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 € 210.4 million.
People and assets in 2025
131.2
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.5 million
▲ 5% vs 2024
€ 80,000 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.
€ 144,700
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9.5 billion
▲ 12% vs 2024
€ 560.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 3.1 million
▲ 166% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 1.5 million
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,595,418 | € 2,395,037 | € 1,576,728 | € 356,653 | ▼ 77% |
| Profit after taxes | € 239,864 | € 14,995,428 | € 3,683,686 | € 0 | ▼ 100% |
| Equity | € 141,887,771 | € 290,052,022 | € 281,127,686 | € 269,988,566 | ▼ 4% |
| Total debts | € 4,362,730,161 | € 7,761,287,609 | € 8,708,549,666 | € 9,729,917,042 | ▲ 12% |
| Cash | € 43,986,730 | € 21,999,855 | € 877,922 | € 1,123,966 | ▲ 28% |
| Land & buildings | € 76,589,009 | € 34,598,680 | € 17,511,261 | € 6,362,373 | ▼ 64% |
| Retained profit | € 126,240,895 | € 206,720,902 | € 210,404,588 | € 210,404,588 | |
| Bank debt | € 4,251,000,483 | € 6,673,308,327 | € 8,475,827,519 | € 9,501,418,668 | ▲ 12% |
| Balance sheet total | € 4,504,617,932 | € 8,055,983,010 | € 8,993,503,129 | € 10,002,973,918 | ▲ 11% |
| Employees (FTE) | 105.5 | 123.3 | 128.5 | 131.2 | ▲ 2.7 |
Key figures of Vlaams Woningfonds, 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 Vlaams Woningfonds?
What happened at Vlaams Woningfonds in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 0 (▼ 100% vs 2024). Source: NBB ↗
- Ailan Iriks became a director. NBB
- Rudy Coddens became a director. NBB
- Stien Coppens became a director. NBB
- Marc Mahieu stepped down as director. NBB
- Johanna Van Hoorebeke stepped down as director. NBB
- Jan De Craen became a director. NBB
- Helmer Rooze became a director. NBB
In short
From € 239,864 profit in 2022 to € 0 profit in 2025.
Paid € 880,780 in corporate taxes since 2022.
Best year ever: 2023, with € 15 million profit.
Pays suppliers within 81 days on average.
A new publication or filing at Vlaams Woningfonds? 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
Management
Behind Vlaams Woningfonds are Rudy Coddens, Ailan Iriks, Aleydis Nissen, Jan De Craen, Nancy Theunis and Alfons Duchateau.
Directors
According to the 2025 annual accounts
Rudy Coddens
Chairman of the board
since 2025
Ailan Iriks
Director
since 2025
Aleydis Nissen
Director
since 2023
Jan De Craen
Government commissioner
since 2025
since 2024
since 2010
Helmer Rooze
Government commissioner
since 2025
Jef Mannaerts
Director
since 2013
Stien Coppens
Director
since 2025
Georges Nagels
Director
Also active at: Intercommunale Maatschappij Opera voor Vlaanderen, Thuisrand, Vijvens, Netwerk Coöperatief Wonen
since 1997
since 2023
Marc Mahieu
Director
since 2010 · until 2025
Johanna Van Hoorebeke
Director
since 2010 · until 2025
Marnix De Troyer
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Ieperlaan 41
1000 Brussel
Koningin Astridlaan 75
3500 Hasselt
Active since 1 January 1984
Plantin en Moretuslei 66-68
2018 Antwerpen
Active since 1 January 1984
Oude Houtlei 13A box 1
9000 Gent
Active since 1 January 1984
Brugsesteenweg 221
8800 Roeselare
Active since 1 January 1984
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ALAN ALLMAN ASSOCIATES BELGIUM
€ 1.2 million gross margin · 2025
DYNAFIN MANAGEMENT
€ -3,748 gross margin · 2025
3A CORPORATION BRUXELLES
€ 126,843 gross margin · 2025
UTVA VAT UNITY 3A BELGIUM
DYNAFIN CONSULTING
€ 2.3 million gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
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Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0421.111.543
- VAT number
- BE 0421.111.543
- Registered office
- Ieperlaan 41, 1000 Brussel
- Names & denominations
- Vlaams Woningfonds
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 1980
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vlaamswoningfonds.be
- Activities · NACE
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