Financials
Financial year 2025
VS RENOVATIE from Avelgem, company number BE0763934386, closed financial year 2025 with a result of € 36,952 after tax. For that financial year VS RENOVATIE recorded a gross margin of € 120,965 and equity of € 5,657. Compared with financial year 2024, the result moved from € -21,175 to € 36,952. 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 July 18, 2026.
€ 5,657
▲ € 4,508 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,952
▲ still € 21,175 loss in 2024
Profit after tax over the fiscal year.
€ 3,679
▲ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,444 paid out
88 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 59,842
▼ 28% 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.
€ 1,985
▲ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 202,616
▼ 2% vs 2024
€ 19,932 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 6,001
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,872
▼ 83% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,369 | € 117,963 | € 79,744 | € 120,965 | ▲ 52% |
| Profit after taxes | € -5,656 | € 27,135 | € -21,175 | € 36,952 | ▲ € 58,127 |
| Equity | € -2,561 | € 22,324 | € 1,149 | € 5,657 | ▲ € 4,508 |
| Total debts | € 326,921 | € 269,374 | € 269,648 | € 258,011 | ▼ 4% |
| Cash | € 14,897 | € 9,267 | € 2,333 | € 3,679 | ▲ 58% |
| Land & buildings | € 217,645 | € 209,434 | € 201,224 | € 193,013 | ▼ 4% |
| Retained profit | € -5,561 | € 19,324 | € -1,851 | € 2,657 | ▲ € 4,508 |
| Dividend | € 0 | € 2,250 | € 0 | € 32,444 | |
| Bank debt | € 235,601 | € 229,618 | € 206,411 | € 202,616 | ▼ 2% |
| Balance sheet total | € 324,360 | € 291,697 | € 270,797 | € 263,667 | ▼ 3% |
Key figures of VS RENOVATIE, 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 VS RENOVATIE?
What happened at VS RENOVATIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,952. Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
- Steve Vandenhouwe became a director. NBB
In short
From € 5,656 loss in 2022 to € 36,952 profit in 2025.
Paid € 12,108 in corporate taxes since 2022.
Best year ever: 2025, with € 36,952 profit.
Paid out € 34,694 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 VS RENOVATIE is Steve Vandenhouwe.
Directors
According to the 2025 annual accounts
Steve Vandenhouwe
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Ten Hove 11
8581 Avelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0763.934.386
- VAT number
- BE 0763.934.386
- Registered office
- Ten Hove 11, 8581 Avelgem
- Names & denominations
- VS RENOVATIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2021
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
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