Financials
Financial year 2024
VTSB from Ieper, company number BE0563323540, closed financial year 2024 with a result of € 136,527 after tax. For that financial year VTSB recorded a gross margin of € 294,956 and equity of € 914,577. Compared with financial year 2023, the result moved from € 54,869 to € 136,527. 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 December 5, 2025.
€ 914,577
▲ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 136,527
▲ 149% vs 2023
Profit after tax over the fiscal year.
€ 83,415
▼ 67% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 908,377.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 37,732
▼ 28% vs 2023
€ 37,700 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.
€ 32,254
▼ 46% vs 2023
Of which on lease € 31,207.
Debts at end 2024
€ 8,537
▼ 79% vs 2023
Loans from banks and other lenders, long and short.
€ 240,894
▲ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 69,977
▲ 36% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 270,379 | € 263,858 | € 187,359 | € 294,956 | ▲ 57% |
| Profit after taxes | € 109,880 | € 122,503 | € 54,869 | € 136,527 | ▲ 149% |
| Equity | € 607,822 | € 730,324 | € 778,050 | € 914,577 | ▲ 18% |
| Total debts | € 598,990 | € 546,701 | € 299,652 | € 319,408 | ▲ 7% |
| Cash | € 409,174 | € 196,398 | € 249,710 | € 83,415 | ▼ 67% |
| Land & buildings | - | - | € 5,499 | € 4,263 | ▼ 22% |
| Retained profit | € 601,622 | € 724,124 | € 771,850 | € 908,377 | ▲ 18% |
| Dividend | € 35,714 | € 0 | € 7,143 | € 0 | ▼ 100% |
| Bank debt | € 105,024 | € 73,122 | € 40,805 | € 8,537 | ▼ 79% |
| Balance sheet total | € 1,206,812 | € 1,277,025 | € 1,077,702 | € 1,233,985 | ▲ 15% |
| Employees (FTE) | - | - | - | 1 |
Key figures of VTSB, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VTSB?
What happened at VTSB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 136,527 (▲ 149% vs 2023). filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 109,880 profit in 2021 to € 136,527 profit in 2024.
Paid € 229,575 in corporate taxes since 2021.
Best year ever: 2024, with € 136,527 profit.
On average € 295,000 of value added per employee in 2024.
A new publication or filing at VTSB? 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
Behind VTSB are Niels Van Torre and Dirk Edmond Van Torre. The same people are also behind Beton & Staal Van Torre.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Kiplinglaan 14
8900 Ieper
Diksmuidestraat 89
8900 Ieper
Active since 15 October 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0563.323.540
- VAT number
- BE 0563.323.540
- Registered office
- Kiplinglaan 14, 8900 Ieper
- Names & denominations
- VTSB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2014
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwwerkzaamheden
Installatie van isolatie
Overige bouwinstallatie
Algemene bouw van kantoorgebouwen
Algemene bouw van andere niet-residentiële gebouwen
Overige bouwinstallatie, n.e.g.
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