Financials
Financial year 2025
VAD MANAGEMENT from Watermaal-Bosvoorde, company number BE0766997113, closed financial year 2025 with a result of € 52,492 after tax. For that financial year VAD MANAGEMENT recorded a gross margin of € 70,687 and equity of € 265,770. Compared with financial year 2024, the result moved from € 59,740 to € 52,492. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 265,770
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,492
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 72,279
▲ 115% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 88,235 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,673
▼ 55% 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.
€ 2,483
Supplier invoices still open on the last day of the fiscal year.
€ 43,232
▼ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,361 | € 117,490 | € 76,146 | € 70,687 | ▼ 7% |
| Profit after taxes | € 83,868 | € 87,398 | € 59,740 | € 52,492 | ▼ 12% |
| Equity | € 154,375 | € 241,773 | € 301,513 | € 265,770 | ▼ 12% |
| Total debts | € 57,329 | € 61,430 | € 55,830 | € 136,140 | ▲ 144% |
| Cash | € 33,539 | € 74,324 | € 33,564 | € 72,279 | ▲ 115% |
| Retained profit | € 151,375 | € 238,773 | € 298,513 | € 262,770 | ▼ 12% |
| Dividend | € 0 | € 0 | € 0 | € 88,235 | |
| Balance sheet total | € 211,704 | € 303,203 | € 357,343 | € 401,910 | ▲ 12% |
Key figures of VAD MANAGEMENT, 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 VAD MANAGEMENT?
What happened at VAD MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 52,492 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- David RECULEZ became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 83,868 profit in 2022 to € 52,492 profit in 2025.
Paid € 84,318 in corporate taxes since 2022.
Best year ever: 2023, with € 87,398 profit.
Paid out € 88,235 in dividends to the owners in total.
A new publication or filing at VAD MANAGEMENT? 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 VAD MANAGEMENT is David RECULEZ.
Directors
According to the 2025 annual accounts
David RECULEZ
Managing director
since 2021
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 192
1170 Watermaal-Bosvoorde
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
- 0766.997.113
- VAT number
- BE 0766.997.113
- Registered office
- Terhulpsesteenweg 192, 1170 Watermaal-Bosvoorde
- Names & denominations
- VAD MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2021
- Peppol
- Active · Active since 23 Dec 2025
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