Financials
Financial year 2025
VITROVAN from Izegem, company number BE0502976969, closed financial year 2025 with a result of € 25,948 after tax. For that financial year VITROVAN recorded a gross margin of € 181,464 and equity of € 341,138. Compared with financial year 2024, the result moved from € 60,651 to € 25,948. The company is profitable. 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 July 24, 2026.
€ 341,138
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,948
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 121,732
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,900 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 66,220
▲ 12% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 96,125
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 350,954
▼ 14% vs 2024
€ 52,968 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 45,956
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,045
▼ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 187,055 | € 193,816 | € 209,927 | € 181,464 | ▼ 14% |
| Profit after taxes | € 83,161 | € 66,835 | € 60,651 | € 25,948 | ▼ 57% |
| Equity | € 270,952 | € 336,187 | € 341,090 | € 341,138 | |
| Total debts | € 220,259 | € 218,975 | € 482,358 | € 456,538 | ▼ 5% |
| Cash | € 150,690 | € 191,713 | € 78,611 | € 121,732 | ▲ 55% |
| Land & buildings | € 220,056 | € 209,580 | € 456,312 | € 469,145 | ▲ 3% |
| Retained profit | € 267,952 | € 333,187 | € 338,090 | € 338,138 | |
| Dividend | € 24,399 | € 1,600 | € 55,749 | € 25,900 | ▼ 54% |
| Bank debt | € 171,496 | € 183,027 | € 406,734 | € 350,954 | ▼ 14% |
| Balance sheet total | € 491,211 | € 555,161 | € 823,448 | € 797,676 | ▼ 3% |
Key figures of VITROVAN, 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 VITROVAN?
What happened at VITROVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,948 (▼ 57% vs 2024). Source: NBB ↗
- Mayko Vandamme became a director. NBB
- Sabrina Balcaen became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 83,161 profit in 2022 to € 25,948 profit in 2025.
Paid € 94,058 in corporate taxes since 2022.
Best year ever: 2022, with € 83,161 profit.
Paid out € 107,648 in dividends to the owners in total.
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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
Behind VITROVAN are Mayko Vandamme and Sabrina Balcaen.
Directors
According to the 2025 annual accounts
Mayko Vandamme
Director
since 2020
Sabrina Balcaen
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Mariastraat 46
8870 Izegem
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0502.976.969
- VAT number
- BE 0502.976.969
- Registered office
- Mariastraat 46, 8870 Izegem
- Names & denominations
- VITROVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 2013
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- vitrovan.be
- Activities · NACE
Schrijnwerk
Activiteiten van interieurarchitecten
Groothandel in bouwmaterialen, algemeen assortiment