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 64 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VNL from Antwerpen, company number BE0459593423, closed financial year 2025 with a result of € -963,212 after tax. Compared with financial year 2024, the result moved from € 537,099 to € -963,212. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 162.5 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -963,212
▼ still € 537,099 profit in 2024
Profit after tax over the fiscal year.
€ 9 million
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 162.4 million.
People and assets in 2025
1.2
Average over the fiscal year, from the social balance sheet.
€ 80,645
€ 67,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 33,369
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 50,784
▼ 92% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 431,393 | € 2,464,250 | € 537,099 | € -963,212 | ▼ € 1.5 million |
| Equity | € 160,444,129 | € 162,908,379 | € 163,445,479 | € 162,482,267 | ▼ 1% |
| Total debts | € 201,661 | € 729,419 | € 836,601 | € 14,269,585 | ▲ € 13.4 million |
| Cash | € 21,394,143 | € 18,795,312 | € 9,174,168 | € 8,994,545 | ▼ 2% |
| Retained profit | € 160,382,129 | € 162,846,379 | € 163,383,479 | € 162,420,267 | ▼ 1% |
| Balance sheet total | € 160,645,790 | € 163,637,798 | € 164,282,080 | € 176,751,852 | ▲ 8% |
| Employees (FTE) | - | - | - | 1.2 |
Key figures of VNL, 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 VNL?
What happened at VNL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 963,212 (▼ € 1.5 million vs 2024). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 431,393 profit in 2022 to € 963,212 loss in 2025.
Paid € 807,932 in corporate taxes since 2022.
Best year ever: 2023, with € 2.5 million profit.
Pays suppliers within 33 days on average.
A new publication or filing at VNL? We notify you, reason included.
Follow VNLDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 VNL are Karin van Leeuwen and Arco van Nieuwland. It owns 100% of CNBB Equity Partners I, 100% of Singularity, 98.2% of NB2-63, 75.5% of NO.M, 27.5% of Arivaes Aalsmeer B.V. and 16.7% of Feeder HG itself.
Directors
According to the 2025 annual accounts
Karin van Leeuwen
Director
Arco van Nieuwland
Managing director
Also active at: NO.M, CELESTE HOLDING, NO.Y, CNBB Equity Partners I
Establishments
Establishment units
Physical locations of this company
Frankrijklei 5 box 401
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →The World Trade Center Association of Antwerp|Flanders
DE WAAG
€ 394 gross margin · 2025
TIME-MANAGE
€ 53,516 gross margin · 2025
E-CONSULT
€ -6,246 gross margin · 2025
ITECH
€ -14,475 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.593.423
- VAT number
- BE 0459.593.423
- Registered office
- Frankrijklei 5 bus 401, 2000 Antwerpen
- Names & denominations
- VNL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1996
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
Activiteiten van holdings