Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VLINVESTA from Hulshout, company number BE0888044106, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year VLINVESTA recorded revenue of € 2.9 million and equity of € 68.6 million. Compared with financial year 2024, the result moved from € 35.6 million to € -1.3 million. The company made a loss. 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 August 21, 2026.
€ 68.6 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ still € 35.6 million profit in 2024
Profit after tax over the fiscal year.
€ 117,828
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 68.2 million.
People and assets in 2025
14.2
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 19% vs 2024
€ 78,200 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.
€ 268,587
▼ 28% vs 2024
Of which on lease € 11,953.
Debts at end 2025
€ 33.7 million
▲ 39% vs 2024
€ 781,517 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 2.2 million
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 261 days on average.
€ 196,637
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,164,156 | € 6,860,150 | € 15,793,955 | € 2,921,595 | ▼ 82% |
| Profit after taxes | € 7,310,005 | € 3,804,001 | € 35,638,695 | € -1,279,022 | ▼ € 36.9 million |
| Equity | € 30,387,115 | € 34,191,115 | € 69,829,811 | € 68,550,788 | ▼ 2% |
| Total debts | € 45,500,120 | € 43,828,227 | € 30,866,859 | € 48,836,607 | ▲ 58% |
| Cash | € 3,084,108 | € 1,068,459 | € 1,405,977 | € 117,828 | ▼ 92% |
| Land & buildings | € 8,123,737 | € 10,642,410 | € 11,478,996 | € 11,181,390 | ▼ 3% |
| Retained profit | € 30,006,406 | € 33,810,406 | € 69,449,102 | € 68,170,079 | ▼ 2% |
| Bank debt | € 31,786,484 | € 28,636,375 | € 24,224,906 | € 33,744,641 | ▲ 39% |
| Balance sheet total | € 75,887,234 | € 78,019,342 | € 100,696,669 | € 117,387,396 | ▲ 17% |
| Employees (FTE) | 12.3 | 12.6 | 12.1 | 14.2 | ▲ 2.1 |
Key figures of VLINVESTA, 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 VLINVESTA?
What happened at VLINVESTA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.3 million (▼ € 36.9 million vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Hulshout. KBO
In short
From € 7.3 million profit in 2022 to € 1.3 million loss in 2025.
Paid € 903,209 in corporate taxes since 2022.
Best year ever: 2024, with € 35.6 million profit.
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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 VLINVESTA are Christiane HEYLEN, Jozef VAN LOO and Geste VL BV. The shares are held by Erwin Verbraeken BV (10%). It owns 100% of Durawindow, 100% of Roosendaelhof, 100% of KVLO Invest, 100% of Recim2, 100% of M.S.C.A.C. and 100% of Tervia's Green itself.
Directors
According to the 2025 annual accounts
Christiane HEYLEN
Managing director
Also active at: Recim2, VAN LOO PROJECTS, RUMSTSE METAALHANDEL, HIMACO, M.S.C.A.C., RUPELPARK, Delen's Bowling, Erwin Verbraeken +24 more
Managing director · represented by Johan VAN LOO
Also active at: Immo Charlize, Smart Recycling Partners
Shareholders
Participations
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
DABSTER
100%
100%
100%
100%
99.4%
Tervia's Tenerife
92%
50%
50%
50%
40.8%
20%
Establishments
Establishment units
Physical locations of this company
Corbeillestraat 40
2235 Hulshout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Recim2 same network
€ 1.3 million gross margin · 2025
VAN LOO PROJECTS same network
€ 44.7 million revenue · 2025
METALEN VAN DER AUWERA
€ 135,482 gross margin · 2025
RUMSTSE METAALHANDEL same network
€ 768,908 gross margin · 2025
M.S.C.A.C. same network
€ 151,554 gross margin · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.044.106
- VAT number
- BE 0888.044.106
- Registered office
- Corbeillestraat 40, 2235 Hulshout
- Names & denominations
- VLINVESTA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2007
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Slopen van gebouwen