Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DB VASTGOED from Ranst, company number BE0444048281, closed financial year 2025 with a result of € 74,747 after tax. For that financial year DB VASTGOED recorded a gross margin of € 166,034 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 59,163 to € 74,747. Profitable, and profit is growing. 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 17, 2026.
€ 1.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,747
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 110,829
▲ € 85,613 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 € 658,533.
People and assets in 2025
€ 2,565
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 266,130
▼ 49% vs 2024
€ 41,668 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 64,810
▲ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 137,161 | € 157,046 | € 167,777 | € 166,034 | ▼ 1% |
| Profit after taxes | € 48,667 | € 55,389 | € 59,163 | € 74,747 | ▲ 26% |
| Equity | € 939,234 | € 994,623 | € 1,053,786 | € 1,128,533 | ▲ 7% |
| Total debts | € 742,150 | € 665,841 | € 578,971 | € 476,669 | ▼ 18% |
| Cash | € 20,975 | € 20,707 | € 25,216 | € 110,829 | ▲ € 85,613 |
| Land & buildings | € 1,061,309 | € 1,021,691 | € 990,911 | € 958,804 | ▼ 3% |
| Retained profit | € 409,234 | € 484,623 | € 563,786 | € 658,533 | ▲ 17% |
| Bank debt | € 689,949 | € 609,687 | € 520,287 | € 266,130 | ▼ 49% |
| Balance sheet total | € 1,681,384 | € 1,660,464 | € 1,632,757 | € 1,605,202 | ▼ 2% |
Key figures of DB VASTGOED, 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 DB VASTGOED?
What happened at DB VASTGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,747 (▲ 26% vs 2024). Source: NBB ↗
- Alfonsius Van Aelst stepped down as director. NBB
- Alfonsius Van Aelst became a director. NBB
- New establishment in Ranst. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,667 profit in 2022 to € 74,747 profit in 2025.
Paid € 118,585 in corporate taxes since 2022.
Best year ever: 2025, with € 74,747 profit.
Management
The stake of L.L. INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DB VASTGOEDThe shares are held by L.L. INVEST (80%). It owns 18% of Van Aelst itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Shareholders
80%
Participations
18%
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 29
2520 Ranst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0444.048.281
- VAT number
- BE 0444.048.281
- Registered office
- Antwerpsesteenweg 29, 2520 Ranst
- Names & denominations
- DB VASTGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1991
- Peppol
- Active · Active since 30 Dec 2025