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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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VSVL from Halen, company number BE0894580916, closed financial year 2025 with a result of € -33,210 after tax. For that financial year VSVL recorded a gross margin of € 97,849 and equity of € 58,319. Compared with financial year 2023, the result moved from € 3,006 to € -33,210. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 58,319
▼ 36% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,210
▼ still € 3,006 profit in 2023
Profit after tax over the fiscal year.
€ 29,797
▲ 39% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 52,119.
Debts at end 2025
€ 632,373
▲ 46% vs 2023
€ 51,339 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 29
▼ 98% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,690 | € 56,791 | € 45,481 | € 97,849 | ▲ 115% |
| Profit after taxes | € 6,736 | € 3,984 | € 3,006 | € -33,210 | ▼ € 36,216 |
| Equity | € 84,539 | € 88,523 | € 91,529 | € 58,319 | ▼ 36% |
| Total debts | € 542,137 | € 519,130 | € 504,941 | € 695,285 | ▲ 38% |
| Cash | € 16,782 | € 16,697 | € 21,491 | € 29,797 | ▲ 39% |
| Land & buildings | € 609,894 | € 577,124 | € 549,679 | € 692,924 | ▲ 26% |
| Retained profit | € 78,339 | € 82,323 | € 85,329 | € 52,119 | ▼ 39% |
| Bank debt | € 494,161 | € 468,390 | € 432,413 | € 632,373 | ▲ 46% |
| Balance sheet total | € 626,676 | € 607,653 | € 596,469 | € 753,604 | ▲ 26% |
Key figures of VSVL, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VSVL?
What happened at VSVL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 33,210 (▼ € 36,216 vs 2023). Source: NBB ↗
- New establishment in Halen. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,736 profit in 2021 to € 33,210 loss in 2025.
Paid € 4,646 in corporate taxes since 2021.
Best year ever: 2021, with € 6,736 profit.
Management
Behind VSVL is Steven Vanvolsem. Steven Vanvolsem is also behind MOVING ART PRODUCTION.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Schansstraat 25
3545 Halen
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
- 0894.580.916
- VAT number
- BE 0894.580.916
- Registered office
- Schansstraat 25, 3545 Halen
- Names & denominations
- VSVL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2007
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
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