Financials
Financial year 2024
Vantiva Technologies Belgium from Edegem, company number BE0428837295, closed financial year 2024 with a result of € 1.4 million after tax. For that financial year Vantiva Technologies Belgium recorded revenue of € 11.7 million and equity of € 1.3 million. Compared with financial year 2023, the result moved from € 1.5 million to € 1.4 million. The company is profitable. The buffer shrank hard: equity is 84 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 1.3 million
▼ 84% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 5% vs 2023
Profit after tax over the fiscal year.
€ 5.8 million
▼ 51% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
38.9
▼ 8.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 6.7 million
▼ 4% vs 2023
€ 172,800 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2.7 million
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 187 days on average.
€ 1.3 million
▼ 26% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 14,377,776 | € 15,345,066 | € 14,595,924 | € 11,702,044 | ▼ 20% |
| Profit after taxes | € 1,315,501 | € 1,870,077 | € 1,457,082 | € 1,390,709 | ▼ 5% |
| Equity | € 8,303,616 | € 7,873,693 | € 7,830,775 | € 1,264,388 | ▼ 84% |
| Total debts | € 6,294,327 | € 7,067,857 | € 5,952,603 | € 5,449,344 | ▼ 8% |
| Cash | € 11,453,113 | € 13,100,109 | € 11,892,343 | € 5,848,224 | ▼ 51% |
| Retained profit | € 1,241,616 | € 811,693 | € 768,775 | € 645,275 | ▼ 16% |
| Dividend | € 1,200,000 | € 2,300,000 | € 1,500,000 | € 1,514,209 | ▲ 1% |
| Balance sheet total | € 14,849,070 | € 15,087,783 | € 13,912,931 | € 7,011,125 | ▼ 50% |
| Employees (FTE) | 51.9 | 45.9 | 47.1 | 38.9 | ▼ 8.2 |
Key figures of Vantiva Technologies Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Vantiva Technologies Belgium?
What happened at Vantiva Technologies Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karel Adriaensen stepped down as director. NBB
- Saigal Ashwani stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.4 million (▼ 5% vs 2023). filed late Source: NBB ↗
- Karel Adriaensen became a director. NBB
- Saigal Ashwani became a director. NBB
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2021 to € 1.4 million profit in 2024.
Paid € 2 million in corporate taxes since 2021.
Best year ever: 2022, with € 1.9 million profit.
Paid out € 6.5 million in dividends to the owners in total.
Management
Directors
According to the 2024 annual accounts
Karel Adriaensen
Managing director
since 2024 · until 2030
Saigal Ashwani
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Prins Boudewijnlaan 47
2650 Edegem
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
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0428.837.295
- VAT number
- BE 0428.837.295
- Registered office
- Prins Boudewijnlaan 47, 2650 Edegem
- Names & denominations
- Vantiva Technologies Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 1986
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vantiva-edegem.be
- Activities · NACE
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