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 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VT-INDUSTRIAL from Aalter, company number BE1003750159, closed financial year 2025 with a result of € 2.7 million after tax. For that financial year VT-INDUSTRIAL recorded revenue of € 519,520 and equity of € 15.2 million. Compared with financial year 2024, the result moved from € 2.5 million to € 2.7 million. Profitable, and profit is growing. 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 1, 2026.
€ 15.2 million
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.7 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 89,934
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.2 million.
Debts at end 2025
€ 6.2 million
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 39,722
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 468,537 | € 519,520 | ▲ 11% |
| Profit after taxes | € 2,455,560 | € 2,721,889 | ▲ 11% |
| Equity | € 24,426,670 | € 15,177,449 | ▼ 38% |
| Total debts | € 385,968 | € 7,105,753 | ▲ € 6.7 million |
| Cash | € 418,297 | € 89,934 | ▼ 79% |
| Retained profit | € 2,455,560 | € 5,177,449 | ▲ 111% |
| Bank debt | € 0 | € 6,175,000 | |
| Balance sheet total | € 24,812,638 | € 22,283,202 | ▼ 10% |
Key figures of VT-INDUSTRIAL, fiscal years 2024 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 VT-INDUSTRIAL?
What happened at VT-INDUSTRIAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VT-Invest BV stepped down as director. NBB
- Wouter Spegelaere BV stepped down as director. NBB
- Rita Van Tornhaut stepped down as director. NBB
- WICOD BV stepped down as director. NBB
- Ledousse BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.7 million (▲ 11% vs 2024). Source: NBB ↗
- Ledousse BV became a director. NBB
- New establishment in Aalter. KBO
In short
From € 2.5 million profit in 2024 to € 2.7 million profit in 2025.
Best year ever: 2025, with € 2.7 million profit.
Pays suppliers within 28 days on average.
Management
The stake of VT-INVEST, WOUTER SPEGELAERE, WICOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VT-INDUSTRIALThe shares are held by VT-INVEST (80%), WOUTER SPEGELAERE (10%) and WICOD. It owns 90% of Spanbo, 90% of Gustaaf Cuylaerts, 90% of VCS Steel and 75.1% of Van De Walle Industrial Building Contractor itself.
Directors
According to the 2025 annual accounts
Director · represented by Van Tornhaut Dirk
Also active at: GUSTAAF CUYLAERTS, Algemene Ondernemingen Van Tornhaut, KORLAM, VT-RESIDENTIAL, V - SYSTEMS, COBATIM, STABIL, STECHO +15 more
since 2023 · until 2029
Director · represented by Spegelaere Wouter
Also active at: V+ Invest, SPANBO, VAN DE WALLE INDUSTRIAL BUILDING CONTRACTOR
since 2023 · until 2029
Rita Van Tornhaut
Director
Also active at: GUSTAAF CUYLAERTS, Algemene Ondernemingen Van Tornhaut, VT-VASTGOED, Harold Kindt Project Management, VERMENTIER SQUARE INVEST, VT-INVEST, ZOUTE CORNER, ZOUTE CORNER DEVELOPMENT
since 2023 · until 2029
since 2023 · until 2029
since 2024 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Knokkebaan 25 box 2M
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →VT-RESIDENTIAL same network
€ 163,283 gross margin · 2025
VT-VASTGOED same network
€ 501,636 gross margin · 2025
STECHO same network
€ 581,173 revenue · 2025
Harold Kindt Project Management same network
€ 99,596 gross margin · 2025
DAVATO same network
€ 17,113 gross margin · 2025
+20 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
- 1003.750.159
- VAT number
- BE 1003.750.159
- Registered office
- Knokkebaan 25 bus 2M, 9880 Aalter
- Names & denominations
- VT-INDUSTRIAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2023
- Peppol
- Active · Active since 22 Aug 2025
- Activities · NACE
Activiteiten van holdings
Holdings