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 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VIOHALCO from Brussel, company number BE0534941439, closed financial year 2025 with a result of € 98.4 million after tax. For that financial year VIOHALCO recorded revenue of € 720,203 and equity of € 1.2 billion. Compared with financial year 2024, the result moved from € 32.9 million to € 98.4 million. 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 May 26, 2026.
€ 1.2 billion
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98.4 million
▲ 199% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 70 million paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 8% vs 2024
€ 444,600 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.
€ 7,417
▼ 37% 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.
€ 837,092
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 889,924
▲ 105% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 538,035 | € 434,087 | € 317,553 | € 720,203 | ▲ 127% |
| Profit after taxes | € 10,910,736 | € 9,914,971 | € 32,925,886 | € 98,408,773 | ▲ 199% |
| Equity | € 1,196,738,907 | € 1,175,551,107 | € 1,167,006,631 | € 1,195,434,168 | ▲ 2% |
| Total debts | € 40,881,225 | € 33,555,317 | € 43,961,717 | € 72,569,896 | ▲ 65% |
| Cash | € 4,778,692 | € 2,688,256 | € 3,092,238 | € 1,822,551 | ▼ 41% |
| Land & buildings | € 18,401,147 | € 18,301,387 | € 18,628,300 | € 18,519,998 | ▼ 1% |
| Retained profit | € 505,678,258 | € 484,490,458 | € 475,945,982 | € 504,373,520 | ▲ 6% |
| Dividend | € 31,102,771 | € 31,102,771 | € 41,470,362 | € 69,981,235 | ▲ 69% |
| Balance sheet total | € 1,237,620,132 | € 1,209,106,423 | € 1,210,968,347 | € 1,268,004,064 | ▲ 5% |
| Employees (FTE) | 3.4 | 3.4 | 3 | 3 |
Key figures of VIOHALCO, 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 VIOHALCO?
What happened at VIOHALCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 98.4 million (▲ 199% vs 2024). Source: NBB ↗
- Efthimios CHRISTODOULOU stepped down as director. NBB
- Marion STEINER STASSINOPOULOS stepped down as director. NBB
- Marina SARKSIAN OCHANESOGLOU stepped down as director. NBB
- Ippokratis Ioannis STASSINOPOULOS stepped down as director. NBB
- Jean-Charles FAULX stepped down as director. NBB
- Patrick KRON stepped down as director. NBB
- Michail STASSINOPOULOS stepped down as director. NBB
In short
From € 10.9 million profit in 2022 to € 98.4 million profit in 2025.
Paid € 5,520 in corporate taxes since 2022.
Best year ever: 2025, with € 98.4 million profit.
Paid out € 173.7 million in dividends to the owners in total.
A new publication or filing at VIOHALCO? We notify you, reason included.
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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 shares are held by Nikolaos Stassinopoulos (27.4%), Social and Cultural Affairs Welfare Foundation (KIKPE Foundation) (23.3%), Evangelos Stassinopoulos (19.2%), Ippokratis Ioannis Stassinopoulos (7.1%) and Michael Stassinopoulos (7%). It owns 100% of BRIDGNORTH, 100% of TEKA SYSTEMS BUSINESS SOLUTIONS, 100% of STOMANA INDUSTRY, 100% of METALCO BULGARIA, 100% of FLOKOS and 100% of VIOHALCO ENGINEERING itself.
Directors
According to the 2025 annual accounts
Efthimios CHRISTODOULOU
Director
since 2025 · until 2026
Marion STEINER STASSINOPOULOS
Director
since 2025 · until 2026
Marina SARKSIAN OCHANESOGLOU
Director
since 2025 · until 2026
Ippokratis Ioannis STASSINOPOULOS
Chairman of the board
since 2025 · until 2026
since 2025 · until 2026
Patrick KRON
Director
since 2025 · until 2026
Michail STASSINOPOULOS
Director
since 2025 · until 2026
since 2025 · until 2026
Kay BREEDEN
Director
since 2025 · until 2026
Margaret ZAKOS
Director
since 2025 · until 2026
Joseph RUTKOWSKI
Director
since 2024 · until 2025
since 2025 · until 2026
Nikolaos STASSINOPOULOS
Director
since 2025 · until 2026
Evangelos MOUSTAKAS
Director
since 2025 · until 2026
Thanasis MOLOKOTOS
Director
since 2025 · until 2026
Astrid de LAUNOIT
Director
since 2025 · until 2026
Shareholders
Nikolaos Stassinopoulos
27.4%
Social and Cultural Affairs Welfare Foundation (KIKPE Foundation)
23.3%
Evangelos Stassinopoulos
19.2%
Ippokratis Ioannis Stassinopoulos
7.1%
Michael Stassinopoulos
7%
Participations
BRIDGNORTH
100%
TEKA SYSTEMS BUSINESS SOLUTIONS
100%
STOMANA INDUSTRY
100%
METALCO BULGARIA
100%
FLOKOS
100%
VIOHALCO ENGINEERING
100%
SIDENOR STEEL INDUSTRY
100%
ETEM BULGARIA
100%
ELVALHALCOR
84.8%
VITROUVIT S.A. CERAMIC-INDUSTRIAL MINERALS
81.3%
ATTIKI INSURANCE AGENCIES
75%
ANAMET
73.8%
VIEXAL
73.3%
69.7%
NOVAL PROPERTY REIC
61.8%
DIA. VI. PE. THIV
53%
51.5%
VIENER
38%
SOVEL
28.3%
ANTIMET
23%
SOFIA MED
10.4%
STEELMET ROMANIA
Establishments
Establishment units
Physical locations of this company
Marnixlaan 30
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →Société nouvelle Office international de Librairie - Internationale Wetenschappelijke Boekhandel
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€ 592,839 gross margin · 2025
B PLUS - BEWEGING VOOR EEN FEDERAAL EN VERNIEUWD BELGIE B PLUS - MOUVEMENT POUR UNE BELGIQUE RENOVEE DANS UNE UNION FEDERALE
+17 more
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
INCAPSULA - Incapsula Inc, US
Domain
Domain
viohalco.com
Registered
2003-09-15
Registrar
OnlineNIC, Inc.
Expires
2026-09-15
Website info
Features
Security
Network
Details
- Company number
- 0534.941.439
- VAT number
- BE 0534.941.439
- Registered office
- Marnixlaan 30, 1000 Brussel
- Names & denominations
- VIOHALCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2013
- Peppol
- Not registered
- Contact
- viohalco.com [email protected]
- Activities · NACE
Activiteiten van holdings
Holdings