ACTIVE

Vias institute

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Financial year 2025 · closed on 31/12/2025

Net result

844,4 k €

-19.4% YoY

Revenue

13 M €

+2.1% YoY

Equity

13,8 M €

+6.5% YoY

Workforce

73,7 ETP

-4.3% YoY

What does Vias institute do?

Vias institute is a Cooperative society incorporated in 1986. Its main activity is: Market research and public opinion polling. Its registered office is in Bruxelles. It employs on average 73,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.570.411

Incorporation

06/10/1986

Legal form

Cooperative society

Registered office

Chaussée de Haecht 1405
1130 Bruxelles · BruxellesSee on map

Contributed capital

6 300,00 €

Latest accounts

31/12/2025

Average workforce

73,7 ETP

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities 91330Libraries, archives, museums and other cultural activities 94994Activities of other membership organisations n.e.c.94994Activities of other membership organisations n.e.c.+2

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	13 M €	+2.1%	12,8 M €	-7.6%	13,8 M €	+9.7%	12,6 M €	-3.8%	13,1 M €	+12.8%	11,6 M €	-10.4%	13 M €	-10.0%	14,4 M €	+12.0%	12,9 M €	-9.2%	14,2 M €	+234%	4,2 M €	-6.0%	4,5 M €	+2.7%	4,4 M €	+15.5%	3,8 M €	-21.8%	4,9 M €	+18.1%	4,1 M €	-73.5%	15,5 M €	+3.4%	15 M €	+1.5%	14,8 M €
EBITDA	919,1 k €	-22.3%	1,2 M €	-47.8%	2,3 M €	+110%	1,1 M €	-18.9%	1,3 M €	+57.2%	844,7 k €	+24.9%	676,2 k €	+1.7%	664,8 k €	-23.1%	864,6 k €	+14.8%	753,1 k €	+30.0%	579,4 k €	-25.5%	777,5 k €	+47.9%	525,7 k €	-48.7%	1 M €	+154%	403,1 k €	-78.2%	1,8 M €	+479%	-487,7 k €	-185%	571,3 k €	-28.1%	794,4 k €
Operating result	687,2 k €	-28.5%	961,2 k €	+34.6%	713,9 k €	+307%	175,5 k €	-21.0%	222,2 k €	-16.0%	264,3 k €	+137%	111,7 k €	+590%	-22,8 k €	-116%	140,4 k €	+485%	-36,5 k €	+73.1%	-135,8 k €	-288%	72,3 k €	+253%	-47,3 k €	-113%	376,4 k €	+260%	-234,9 k €	-121%	1,1 M €	+200%	-1,1 M €	-951%	128,9 k €	-52.6%	271,8 k €
Net result	844,4 k €	-19.4%	1 M €	+20.7%	868 k €	+142%	358,8 k €	+200%	119,5 k €	-9.7%	132,4 k €	+88.2%	70,3 k €	+178%	25,3 k €	-86.9%	193,8 k €	+371%	41,2 k €	+69.3%	24,3 k €	-75.1%	97,6 k €	+8.5%	90 k €	-72.2%	323,4 k €	+364%	-122,6 k €	-109%	1,4 M €	+219%	-1,2 M €	-379%	421,6 k €	-10.0%	468,3 k €
Balance sheet
Equity	13,8 M €	+6.5%	12,9 M €	+8.8%	11,9 M €	+7.9%	11 M €	+3.4%	10,7 M €	+1.1%	10,5 M €	+1.3%	10,4 M €	+0.3%	10,4 M €	-0.3%	10,4 M €	+1.3%	10,3 M €	-0.2%	10,3 M €	-0.3%	10,3 M €	+3.8%	9,9 M €	+0.9%	9,9 M €	+3.4%	9,5 M €	-1.3%	9,7 M €	+16.9%	8,3 M €	-12.5%	9,4 M €	+4.7%	9 M €
Total assets	20,2 M €	+4.7%	19,3 M €	+0.1%	19,3 M €	+2.6%	18,8 M €	+6.2%	17,7 M €	+1.5%	17,4 M €	-4.8%	18,3 M €	+2.1%	17,9 M €	+20.7%	14,8 M €	-4.8%	15,6 M €	-0.5%	15,7 M €	-0.9%	15,8 M €	+1.3%	15,6 M €	+1.9%	15,3 M €	+11.5%	13,8 M €	-2.2%	14,1 M €	+10.6%	12,7 M €	-2.3%	13 M €	-4.9%	13,7 M €
Cash	1,4 M €	-10.1%	1,6 M €	-78.6%	7,5 M €	+41.1%	5,3 M €	+18.5%	4,5 M €	+151%	1,8 M €	+108%	857,7 k €	-0.7%	863,8 k €	-60.2%	2,2 M €	-29.3%	3,1 M €	+103%	1,5 M €	+31.4%	1,1 M €	-25.2%	1,5 M €	+364%	330,7 k €	+16.3%	284,5 k €	+204%	93,5 k €	-95.7%	2,2 M €	+517%	348,6 k €	-65.7%	1 M €
Debts	5,1 M €	+16.4%	4,4 M €	-12.1%	5 M €	-0.1%	5 M €	+4.4%	4,8 M €	-22.4%	6,2 M €	-13.1%	7,1 M €	+3.8%	6,8 M €	+119%	3,1 M €	+12.1%	2,8 M €	-23.1%	3,6 M €	-9.4%	4 M €	+6.4%	3,7 M €	+8.3%	3,5 M €	+0.0%	3,5 M €	-5.8%	3,7 M €	+1.0%	3,6 M €	+26.8%	2,9 M €	-25.1%	3,8 M €
Other
Workforce	73,7 ETP	-4.3%	77,0 ETP	-5.5%	81,5 ETP	-5.3%	86,1 ETP	+5.0%	82,0 ETP	+3.7%	79,1 ETP	-8.4%	86,4 ETP	-7.3%	93,2 ETP	-6.5%	99,7 ETP	-5.2%	105,2 ETP	-0.9%	106,2 ETP	-13.9%	123,4 ETP	-1.6%	125,4 ETP	-5.4%	132,5 ETP	+0.5%	131,9 ETP	+3.7%	127,2 ETP	-7.7%	137,8 ETP	+2.5%	134,5 ETP	+6.1%	126,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 89 ended

Active mandates

Frédéric Maeyens

Director · since 12 juin 2025 · until 08 juin 2028

Active

Godelieve Creten

Director · since 12 juin 2025 · until 08 juin 2028

Active

Jean-Paul Renaux

Chairman of the board of directors · since 12 juin 2025 · until 08 juin 2028

Active

SECUR-ADVICE

Director · since 12 juin 2025 · until 08 juin 2028 · 0659.861.997

Represented by Karin Genoe

Active

Stefaan Nijs

Director · since 12 juin 2025 · until 08 juin 2028

Active

Ended mandates

Godelieve Lucia Creten

Director · since 21 mai 2024 · until 12 juin 2025

Ended

Goedelieve Lucia Creten

Director · since 21 mai 2024 · until 12 juin 2025

Ended

Denis Hendrichs

Director · since 02 juin 2022 · until 21 mai 2024

Ended

Denis Hendrichs

Director · since 02 juin 2022 · until 12 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
FORUM EUROPEEN DES INSTITUTS DE RECHERCHE SUR LA SECURITE ROUTIERE● Active	0844.756.172
Getuigen onderweg● Active	0789.776.572
InfoSpectives● Active	0725.715.101
Ouders van Verongelukte Kinderen - SAVE● Active	0454.591.587
Parents d'Enfants Victimes de la Route - SAVE● Active	0671.979.970
Parents d'Enfants Victimes de la Route - SAVE● Active	0671.979.178
Via Secura● Active	0673.510.986
Vias Institute● Active	0683.990.649
Vias Tech● Active	0477.574.055

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	26/06/2025	02/07/2025	13/07/2023	12/05/2023	28/06/2021
General meeting	23/06/2026	12/06/2025	24/06/2024	31/05/2023	02/06/2022	23/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	12/06/2025	26/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	24/06/2024	02/07/2025	Dutch	PDF
Full model	31/12/2023	24/06/2024	01/07/2024	Dutch	PDF
Full model	31/12/2022	31/05/2023	13/07/2023	Dutch	PDF
Full modelCorrection	31/12/2021	02/06/2022	12/05/2023	Dutch	PDF
Full model	31/12/2021	02/06/2022	19/07/2022	Dutch	PDF
Full model	31/12/2020	23/06/2021	28/06/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	14/07/2020	Dutch	PDF
Full modelCorrection	31/12/2018	21/06/2019	29/05/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	22/07/2019	Dutch	PDF
Full model	31/12/2017	20/06/2018	05/07/2018	Dutch	PDF
Full modelCorrection	31/12/2016	07/06/2017	05/07/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	05/07/2017	Dutch	PDF
Full model	31/12/2015	26/05/2016	10/06/2016	Dutch	PDF
Full model	31/12/2014	13/05/2015	22/05/2015	Dutch	PDF
Full model	31/12/2013	06/05/2014	22/05/2014	Dutch	PDF
Full model	31/12/2012	16/04/2013	22/04/2013	Dutch	PDF
Full model	31/12/2011	13/06/2012	20/06/2012	Dutch	PDF
Full model	31/12/2010	05/04/2011	15/04/2011	Dutch	PDF
Full model	31/12/2009	29/06/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	01/07/2009	Dutch	PDF
Full model	31/12/2007	23/06/2008	23/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 89 ended

Active mandates

Frédéric Maeyens

Director · since 12 juin 2025 · until 08 juin 2028

Active

Godelieve Creten

Director · since 12 juin 2025 · until 08 juin 2028

Active

Jean-Paul Renaux

Chairman of the board of directors · since 12 juin 2025 · until 08 juin 2028

Active

SECUR-ADVICE

Director · since 12 juin 2025 · until 08 juin 2028 · 0659.861.997

Represented by Karin Genoe

Active

Stefaan Nijs

Director · since 12 juin 2025 · until 08 juin 2028

Active

Ended mandates

Godelieve Lucia Creten

Director · since 21 mai 2024 · until 12 juin 2025

Ended

Goedelieve Lucia Creten

Director · since 21 mai 2024 · until 12 juin 2025

Ended

Denis Hendrichs

Director · since 02 juin 2022 · until 21 mai 2024

Ended

Denis Hendrichs

Director · since 02 juin 2022 · until 12 juin 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates04/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates18/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2023
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates24/05/2023
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025844,4 k €↓
2024
Annual accounts 20241 M €↑
2023
Annual accounts 2023868 k €↑
2022
Annual accounts 2022358,8 k €↑
2021
Annual accounts 2021119,5 k €↓
2021
Name changeVias institute cv erkend als So
2020
Annual accounts 2020132,4 k €↑
2019
Annual accounts 201970,3 k €↑
2018
Annual accounts 201825,3 k €↓
2017
Annual accounts 2017193,8 k €↑
2016
Annual accounts 201641,2 k €↑
2016
Name changeVias institute
2015
Annual accounts 201524,3 k €↓
2014
Annual accounts 201497,6 k €↑
2013
Annual accounts 201390 k €↓
2012
Annual accounts 2012323,4 k €↑
2011
Annual accounts 2011-122,6 k €↓
2010
Annual accounts 20101,4 M €↑
2009
Annual accounts 2009-1,2 M €↓
2008
Annual accounts 2008421,6 k €↓
2007
Annual accounts 2007468,3 k €
2007
Name changeBELGISCH INSTITUUT VOOR DE VERKEERSVEILIGHEID - INSTITUT BELGE POUR LA SECURITE ROUTIERE
06/10/1986
IncorporationCooperative society

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Vias institute

Overview

What does Vias institute do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline