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 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DL - VH from Aartselaar, company number BE0644751476, closed financial year 2025 with a result of € 27,406 after tax. For that financial year DL - VH recorded a gross margin of € 2.4 million and equity of € 594,440. Compared with financial year 2024, the result moved from € 3,424 to € 27,406. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 594,440
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,406
▲ € 23,983 vs 2024
Profit after tax over the fiscal year.
€ 181,872
▲ 176% 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 € 481,075.
People and assets in 2025
27.9
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 12% vs 2024
€ 57,200 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.
€ 168,568
▼ 39% vs 2024
Of which on lease € 132,800.
Debts at end 2025
€ 5.5 million
€ 447,812 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 2.2 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 254,426
▲ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,945,371 | € 2,308,049 | € 2,044,753 | € 2,379,225 | ▲ 16% |
| Profit after taxes | € 19,241 | € 209,019 | € 3,424 | € 27,406 | ▲ € 23,983 |
| Equity | € 354,591 | € 563,610 | € 567,034 | € 594,440 | ▲ 5% |
| Total debts | € 6,927,271 | € 6,655,458 | € 8,621,874 | € 8,869,528 | ▲ 3% |
| Cash | € 797 | € 2,557 | € 65,790 | € 181,872 | ▲ 176% |
| Land & buildings | € 3,391,859 | € 3,300,685 | € 4,756,465 | € 4,569,218 | ▼ 4% |
| Retained profit | € 241,225 | € 450,244 | € 453,668 | € 481,075 | ▲ 6% |
| Bank debt | € 4,617,673 | € 4,049,874 | € 5,556,285 | € 5,530,299 | |
| Balance sheet total | € 7,281,862 | € 7,219,068 | € 9,188,908 | € 9,463,968 | ▲ 3% |
| Employees (FTE) | 41.8 | 28.6 | 26 | 27.9 | ▲ 1.9 |
Key figures of DL - VH, 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 DL - VH?
What happened at DL - VH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,406 (▲ € 23,983 vs 2024). Source: NBB ↗
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,241 profit in 2022 to € 27,406 profit in 2025.
Paid € 142,249 in corporate taxes since 2022.
Best year ever: 2023, with € 209,019 profit.
On average € 85,300 of value added per employee in 2025.
Management
Behind DL - VH is Luc De Laet. Luc De Laet is also behind Sociale Dienst voor het Bedrijfsleven - Service social des Entreprises, DE LAET-VAN HAVER, BUTCHER’S STORE, DINING DE LAET - VAN HAVER and BUTCHER BRAIN.
Directors
According to the 2025 annual accounts
Luc De Laet
Director
Also active at: Sociale Dienst voor het Bedrijfsleven - Service social des Entreprises, DE LAET-VAN HAVER, BUTCHER’S STORE, DINING DE LAET - VAN HAVER, BUTCHER BRAIN, All 4 Meat, BS SOUTH
Establishments
Establishment units
Physical locations of this company
Industrieweg 22
2630 Aartselaar
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0644.751.476
- VAT number
- BE 0644.751.476
- Registered office
- Industrieweg 22, 2630 Aartselaar
- Names & denominations
- DL - VH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2015
- Peppol
- Active · Active since 24 Oct 2025
- Activities · NACE
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte