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 2.1 to 1.
Financials
Financial year 2025
VLS-EXPRESS from Zaventem, company number BE0471417228, closed financial year 2025 with a result of € 62,293 after tax. For that financial year VLS-EXPRESS recorded a gross margin of € 140,789 and equity of € 72,977. Compared with financial year 2024, the result moved from € 297,710 to € 62,293. The company is profitable. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 5, 2026.
€ 72,977
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,293
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 432,626
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 49,999
▼ 24% vs 2024
€ 50,000 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.
€ 1,330
▼ 20% 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.
€ 176,871
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,652
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 132,963 | € 301,876 | € 431,326 | € 140,789 | ▼ 67% |
| Profit after taxes | € 88,617 | € 164,638 | € 297,710 | € 62,293 | ▼ 79% |
| Equity | € 368,336 | € 332,974 | € 510,684 | € 72,977 | ▼ 86% |
| Total debts | € 207,519 | € 301,612 | € 341,833 | € 723,523 | ▲ 112% |
| Cash | € 73,954 | € 194,106 | € 480,889 | € 432,626 | ▼ 10% |
| Retained profit | € 349,744 | € 314,382 | € 492,092 | € 54,385 | ▼ 89% |
| Dividend | € 177,811 | € 200,000 | € 120,000 | € 500,000 | ▲ € 380,000 |
| Balance sheet total | € 575,855 | € 634,586 | € 852,517 | € 796,499 | ▼ 7% |
| Employees (FTE) | 0.9 | 2.1 | 1.5 | 1 | ▼ 0.5 |
Key figures of VLS-EXPRESS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VLS-EXPRESS?
What happened at VLS-EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,293 (▼ 79% vs 2024). Source: NBB ↗
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,617 profit in 2022 to € 62,293 profit in 2025.
Paid € 172,174 in corporate taxes since 2022.
Best year ever: 2024, with € 297,710 profit.
On average € 140,800 of value added per employee in 2025.
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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
The stake of SMART AVIATION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VLS-EXPRESSBehind VLS-EXPRESS is SMART AVIATION BV. The shares are held by SMART AVIATION (100%).
Directors
According to the 2025 annual accounts
Director · represented by ABDELLAH BEN TOUHAMI
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 57
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0471.417.228
- VAT number
- BE 0471.417.228
- Registered office
- Excelsiorlaan 57, 1930 Zaventem
- Names & denominations
- VLS-EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2000
- Peppol
- Active · Active since 29 Apr 2025
- Activities · NACE
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