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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VLS line from Limbourg, company number BE0822514171, closed financial year 2025 with a result of € -5,766 after tax. For that financial year VLS line recorded a gross margin of € -2,119 and equity of € -51,090. Compared with financial year 2024, the result moved from € -5,920 to € -5,766. The company made a loss. 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 June 26, 2026.
€ -51,090
▼ € 5,766 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,766
▲ 3 % less loss than in 2024
Profit after tax over the fiscal year.
€ 28,195
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,690.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 33,946
▼ 7% vs 2024
€ 2,678 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1,223
▲ 132% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,499 | € -2,862 | € -2,203 | € -2,119 | ▲ € 85 |
| Profit after taxes | € -7,526 | € -6,752 | € -5,920 | € -5,766 | ▲ € 155 |
| Equity | € -32,652 | € -39,404 | € -45,324 | € -51,090 | ▼ € 5,766 |
| Total debts | € 97,149 | € 100,311 | € 104,864 | € 107,395 | ▲ 2% |
| Cash | € 29,402 | € 27,415 | € 27,869 | € 28,195 | ▲ 1% |
| Land & buildings | € 32,373 | € 30,246 | € 28,120 | € 25,993 | ▼ 8% |
| Retained profit | € -51,252 | € -58,004 | € -63,924 | € -69,690 | ▼ € 5,766 |
| Bank debt | € 41,551 | € 39,086 | € 36,551 | € 33,946 | ▼ 7% |
| Balance sheet total | € 64,497 | € 60,907 | € 59,540 | € 56,305 | ▼ 5% |
Key figures of VLS line, 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 VLS line?
What happened at VLS line in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,766. Source: NBB ↗
- Lionel SEVRIN became a director. NBB
- New establishment in Limbourg. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,526 loss in 2022 to € 5,766 loss in 2025.
Paid € 130 in corporate taxes since 2022.
Management
Behind VLS line is Lionel SEVRIN.
Directors
According to the 2025 annual accounts
Lionel SEVRIN
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Halloux 10
4830 Limbourg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.514.171
- VAT number
- BE 0822.514.171
- Registered office
- Halloux 10, 4830 Limbourg
- Names & denominations
- VLS line
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2010
- Peppol
- Active · Active since 8 Oct 2026
- Activities · NACE
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