Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 61.7 to 51.5.
Financials
Financial year 2025
VDL BELGIUM from Aalst, company number BE0429433450, closed financial year 2025 with a result of € 669,612 after tax. For that financial year VDL BELGIUM recorded revenue of € 12.9 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 93,941 to € 669,612. 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 June 22, 2026.
€ 1.4 million
▲ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 669,612
▲ € 575,671 vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 69% 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 € 1.3 million.
People and assets in 2025
51.5
▼ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 6% vs 2024
€ 65,200 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.
€ 80,780
▲ 87% 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.
€ 1.4 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 696,379
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,151,788 | € 15,141,029 | € 13,152,723 | € 12,895,242 | ▼ 2% |
| Profit after taxes | € 9,092 | € -42,777 | € 93,941 | € 669,612 | ▲ € 575,671 |
| Equity | € 665,313 | € 622,536 | € 716,476 | € 1,386,088 | ▲ 93% |
| Total debts | € 5,977,640 | € 5,919,862 | € 4,582,744 | € 3,632,534 | ▼ 21% |
| Cash | € 314,767 | € 1,432,916 | € 822,236 | € 1,390,708 | ▲ 69% |
| Land & buildings | € 469,461 | € 455,134 | € 456,548 | € 444,337 | ▼ 3% |
| Retained profit | € 541,313 | € 498,536 | € 592,476 | € 1,262,088 | ▲ 113% |
| Balance sheet total | € 6,650,118 | € 6,542,398 | € 5,299,221 | € 5,018,622 | ▼ 5% |
| Employees (FTE) | 70 | 61.7 | 55.7 | 51.5 | ▼ 4.2 |
Key figures of VDL BELGIUM, 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 VDL BELGIUM?
What happened at VDL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VDL International BV stepped down as director. NBB
- VDL Holding Belgium stepped down as director. NBB
- Joeri Teirlinck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 669,612 (▲ € 575,671 vs 2024). Source: NBB ↗
- Joeri Teirlinck became a director. NBB
- VDL International BV became a director. NBB
- VDL Holding Belgium became a director. NBB
- New establishment in Aalst. KBO
In short
From € 9,092 profit in 2022 to € 669,612 profit in 2025.
Paid € 5,367 in corporate taxes since 2022.
Best year ever: 2025, with € 669,612 profit.
Pays suppliers within 69 days on average.
Management
The shares are held by VDL International BV (100%).
Directors
According to the 2025 annual accounts
Director · represented by Josephus P.J.M. van Meijl
Also active at: VDL Bus Belgium, VDL Bus Roeselare, VDL Klima Belgium, VDL KTI Process Engineering
since 2022 · until 2028
Director · represented by Leen A. Van de Voorde
Also active at: VDL KTI, VDL Weweler-Colaert, VDL Bus Belgium, TRUCK & TRAILER INDUSTRY, VDL Bus Roeselare, VDL Klima Belgium, VDL Vastgoed Belgium, C&F +1 more
since 2022 · until 2028
Joeri Teirlinck
Director
since 2024 · until 2028
Shareholders
VDL International BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 15
9320 Aalst
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
TRANSIP-AS Amsterdam, the Netherlands, NL
Domain
Domain
vdlbelgium.com
Registered
2010-06-03
Registrar
Tucows Domains Inc.
Expires
2026-06-03
Website info
Features
Security
Details
- Company number
- 0429.433.450
- VAT number
- BE 0429.433.450
- Registered office
- Industrielaan 15, 9320 Aalst
- Names & denominations
- VDL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1986
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- vdlbelgium.com [email protected]
- Activities · NACE
Vervaardiging van andere delen en toebehoren voor motorvoertuigen
Vervaardiging van onderdelen en accessoires voor motorvoertuigen en motoren daarvan
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