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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 5.8 to 5.1.
Financials
Financial year 2025
VLS BELGIUM from Tienen, company number BE0460452961, closed financial year 2025 with a result of € 1,807 after tax. For that financial year VLS BELGIUM recorded a gross margin of € 438,105 and equity of € -33,342. Compared with financial year 2024, the result moved from € -43,053 to € 1,807. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ -33,342
▲ € 1,807 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,807
▲ still € 43,053 loss in 2024
Profit after tax over the fiscal year.
€ 56,115
▲ 20% 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 € -45,742.
People and assets in 2025
5.1
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 377,884
▼ 1% vs 2024
€ 74,100 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.
€ 144,553
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,384
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 455,446 | € 262,768 | € 405,655 | € 438,105 | ▲ 8% |
| Profit after taxes | € -59,407 | € -283,400 | € -43,053 | € 1,807 | ▲ € 44,859 |
| Equity | € 291,304 | € 7,904 | € -35,149 | € -33,342 | ▲ € 1,807 |
| Total debts | € 188,118 | € 244,479 | € 201,583 | € 250,937 | ▲ 24% |
| Cash | € 382,751 | € 189,577 | € 46,785 | € 56,115 | ▲ 20% |
| Retained profit | € 278,904 | € -4,496 | € -47,549 | € -45,742 | ▲ € 1,807 |
| Balance sheet total | € 519,423 | € 292,383 | € 206,434 | € 257,595 | ▲ 25% |
| Employees (FTE) | 6.1 | 5.8 | 5.4 | 5.1 | ▼ 0.3 |
Key figures of VLS 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 VLS BELGIUM?
What happened at VLS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,807. Source: NBB ↗
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,407 loss in 2022 to € 1,807 profit in 2025.
Paid € 5,520 in corporate taxes since 2022.
Best year ever: 2025, with € 1,807 profit.
On average € 85,900 of value added per employee in 2025.
Management
Behind VLS BELGIUM is LUDOVICUS STOUTHUYZEN. LUDOVICUS STOUTHUYZEN is also behind L.J.S. PROPERTIES, LTC FINANCE, MARIS CUPIDUS, L.J.S. CONSULT and LJ HOLDING.
Directors
According to the 2025 annual accounts
LUDOVICUS STOUTHUYZEN
Director
Also active at: L.J.S. PROPERTIES, LTC FINANCE, MARIS CUPIDUS, L.J.S. CONSULT, LJ HOLDING
Establishments
Establishment units
Physical locations of this company
Menegaard 24
3300 Tienen
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
- 0460.452.961
- VAT number
- BE 0460.452.961
- Registered office
- Menegaard 24, 3300 Tienen
- Names & denominations
- VLS BELGIUM · L.T.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Activiteiten van syndici van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis