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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
Financials
Financial year 2025
VDW LOGISTIC from Ath, company number BE0739961728, closed financial year 2025 with a result of € 163,626 after tax. For that financial year VDW LOGISTIC recorded revenue of € 1.3 million and equity of € -69,226. Compared with financial year 2024, the result moved from € -80,839 to € 163,626. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -69,226
▲ € 163,626 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,626
▲ still € 80,839 loss in 2024
Profit after tax over the fiscal year.
€ 46,989
▲ 74% 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 € -169,226.
People and assets in 2025
€ 304,917
▲ 62% 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.
€ 14,409
▼ 43% vs 2024
Of which on lease € 1,467.
Debts at end 2025
€ 2,035
▼ 64% vs 2024
Loans from banks and other lenders, long and short.
€ 386,936
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,094
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 593,005 | € 492,871 | € 916,730 | € 1,285,105 | ▲ 40% |
| Gross margin | € 18,710 | € -95,939 | € 128,877 | € 498,346 | ▲ 287% |
| Profit after taxes | € -115,965 | € -201,512 | € -80,839 | € 163,626 | ▲ € 244,465 |
| Equity | € 49,499 | € -152,013 | € -232,852 | € -69,226 | ▲ € 163,626 |
| Total debts | € 215,872 | € 324,928 | € 577,635 | € 445,549 | ▼ 23% |
| Cash | € 97,585 | € 34,671 | € 27,025 | € 46,989 | ▲ 74% |
| Retained profit | € -50,501 | € -252,013 | € -332,852 | € -169,226 | ▲ € 163,626 |
| Bank debt | € 15,466 | € 10,021 | € 5,665 | € 2,035 | ▼ 64% |
| Balance sheet total | € 265,371 | € 172,915 | € 344,783 | € 376,323 | ▲ 9% |
Key figures of VDW LOGISTIC, 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 VDW LOGISTIC?
What happened at VDW LOGISTIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 163,626. filed late Source: NBB ↗
- New establishment in Ath. KBO
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,965 loss in 2022 to € 163,626 profit in 2025.
Paid € 19 in corporate taxes since 2022.
Best year ever: 2025, with € 163,626 profit.
Establishments
Establishment units
Physical locations of this company
Avenue de l'Innovation 4
7822 Ath
Chemin Simon Bouteillier(GHI) 2
7822 Ath
Active since 1 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0739.961.728
- VAT number
- BE 0739.961.728
- Registered office
- Avenue de l'Innovation 4, 7822 Ath
- Names & denominations
- VDW LOGISTIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2019
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Opslag