ACTIVE

VL-SERVICE

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Financial year 2025 · closed on 31/12/2025

Net result

39,9 k €

+27.3% YoY

Gross margin

426,4 k €

+2.2% YoY

Equity

792,8 k €

+4.5% YoY

Workforce

5,1 ETP

-5.6% YoY

What does VL-SERVICE do?

VL-SERVICE is a Private limited company incorporated in 2003. Its main activity is: Wholesale of agricultural machinery, equipment and supplies. Its registered office is in Sint-Truiden. It employs on average 5,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.111.056

Incorporation

10/12/2003

Legal form

Private limited company

Registered office

Meiveldlaan 4660
3800 Sint-Truiden · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

5,1 ETP

Activities (NACE)

46610Wholesale of agricultural machinery, equipment and supplies· main 46610Wholesale of agricultural machinery, equipment and supplies 77310Rental and leasing of agricultural machinery and equipment 77310Rental and leasing of agricultural machinery and equipment 33120Repair of machinery 33120Repair of machinery+3

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	426,4 k €	+2.2%	417 k €	+20.7%	345,5 k €	+2.0%	338,6 k €	-24.5%	448,5 k €	+6.2%	422,3 k €	-1.3%	428 k €	+64.0%	261 k €	-3.7%	271,1 k €	+15.2%	235,3 k €	-21.2%	298,7 k €	+40.3%	212,9 k €	-24.5%	281,9 k €	+161%	107,8 k €	-31.5%	157,3 k €	+12.8%	139,4 k €	+33.3%	104,6 k €	+225%	32,2 k €	-78.2%	147,2 k €	+103%	72,5 k €
EBITDA	144,1 k €	+1.2%	142,5 k €	+65.7%	86 k €	-38.5%	139,8 k €	-36.8%	221,2 k €	+2.7%	215,3 k €	-12.4%	245,9 k €	+75.4%	140,2 k €	-0.7%	141,2 k €	+20.9%	116,8 k €	-30.2%	167,4 k €	+8.3%	154,5 k €	-43.9%	275,3 k €	+162%	105 k €	-30.9%	151,9 k €	+10.9%	137 k €	+33.8%	102,4 k €	+242%	29,9 k €	-79.3%	144,9 k €	+106%	70,2 k €
Operating result	69,6 k €	+15.6%	60,2 k €	+190%	20,7 k €	-69.6%	68,2 k €	-49.6%	135,3 k €	+12.7%	120 k €	-10.8%	134,5 k €	+295%	34,1 k €	-18.2%	41,7 k €	+1080%	3,5 k €	-92.7%	48,4 k €	+4742%	999 €	-99.4%	170,8 k €	+181%	60,7 k €	-48.6%	118,1 k €	+17.8%	100,2 k €	+42.4%	70,4 k €	+1114%	5,8 k €	-95.2%	120,9 k €	+139%	50,6 k €
Net result	39,9 k €	+27.3%	31,3 k €	+1424%	2,1 k €	-95.0%	41 k €	-56.5%	94,3 k €	+20.2%	78,5 k €	-12.3%	89,5 k €	+1276%	6,5 k €	-59.5%	16,1 k €	+163%	-25,4 k €	-215%	22,1 k €	+186%	-25,6 k €	-122%	117,1 k €	+139%	48,9 k €	-45.5%	89,6 k €	+13.7%	78,8 k €	+36.6%	57,7 k €	+19670%	292 €	-99.7%	102,5 k €	+143%	42,1 k €
Balance sheet
Equity	792,8 k €	+4.5%	758,9 k €	+4.3%	727,5 k €	+0.3%	725,5 k €	+4.6%	693,5 k €	+14.0%	608,1 k €	+13.1%	537,6 k €	+17.6%	457,1 k €	+1.4%	450,6 k €	+3.7%	434,6 k €	-5.5%	460 k €	+5.0%	437,9 k €	-5.5%	463,5 k €	+25.1%	370,5 k €	+11.1%	333,6 k €	+24.5%	268 k €	+25.7%	213,2 k €	+18.8%	179,4 k €	+0.2%	179,1 k €	+77.9%	100,7 k €
Total assets	1,3 M €	-2.6%	1,3 M €	-14.1%	1,5 M €	-15.3%	1,8 M €	+23.6%	1,5 M €	-5.1%	1,5 M €	+11.1%	1,4 M €	-0.7%	1,4 M €	-6.0%	1,5 M €	+8.6%	1,4 M €	-5.1%	1,5 M €	+1.3%	1,4 M €	+17.8%	1,2 M €	+79.7%	676,4 k €	+3.3%	655,1 k €	+30.3%	502,7 k €	-1.0%	507,6 k €	+38.7%	366,1 k €	-7.0%	393,8 k €	+38.8%	283,8 k €
Cash	308,6 k €	+169%	114,6 k €	-63.1%	310,4 k €	-14.9%	364,8 k €	+86.4%	195,8 k €	-13.3%	225,9 k €	+31.9%	171,3 k €	+57.7%	108,6 k €	-45.6%	199,7 k €	+138%	84 k €	-40.8%	141,8 k €	+33.3%	106,4 k €	+126%	47,1 k €	-77.0%	204,8 k €	+123%	91,7 k €	+112%	43,3 k €	-48.0%	83,3 k €	-0.7%	83,9 k €	-26.4%	114 k €	+139%	47,7 k €
Debts	493,9 k €	-12.1%	562 k €	-21.6%	716,9 k €	+1.6%	705,8 k €	-9.0%	775,8 k €	-9.4%	856 k €	-0.1%	856,7 k €	-1.8%	872 k €	+3.2%	845,2 k €	-10.2%	941,5 k €	-5.0%	990,7 k €	-0.3%	993,5 k €	+32.2%	751,8 k €	+146%	305,9 k €	-4.8%	321,5 k €	+37.6%	233,6 k €	-20.7%	294,5 k €	+57.8%	186,7 k €	-13.1%	214,7 k €	+111%	101,7 k €
Other
Workforce	5,1 ETP	-5.6%	5,4 ETP	+8.0%	5,0 ETP	-7.4%	5,4 ETP	+12.5%	4,8 ETP	0.0%	4,8 ETP	+6.7%	4,5 ETP	+50.0%	3,0 ETP	-9.1%	3,3 ETP	+26.9%	2,6 ETP	-23.5%	3,4 ETP	+47.8%	2,3 ETP	+109%	1,1 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 4 ended

Active mandates

Erica Bruni

Director · until 16 juin 2025

Active

Luc VANDERMEER

Director

Active

Vanessa RUISI

Director

Active

Ended mandates

Erica BRUNI

Director

Ended

Erica BRUNI

Manager

Ended

Luc VANDERMEER

Manager

Ended

Vanessa RUISI

Manager

Ended

At this address

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GROEP PERSOONS● Active	0416.343.497
LAMON HEKWERK● Active	0805.481.268
TAXI 4 YOU 2● Bankrupt	0845.517.227
TRUDOCO● Active	0461.754.048
Velgencenter● Active	1025.896.645
YMA● Active	0649.620.282

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/06/2026	30/06/2025	27/06/2024	12/07/2023	15/07/2022	12/07/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/06/2023	20/06/2022	21/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	10/07/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	15/07/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	13/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	11/08/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 4 ended

Active mandates

Erica Bruni

Director · until 16 juin 2025

Active

Luc VANDERMEER

Director

Active

Vanessa RUISI

Director

Active

Ended mandates

Erica BRUNI

Director

Ended

Erica BRUNI

Manager

Ended

Luc VANDERMEER

Manager

Ended

Vanessa RUISI

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/03/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2004
ONTSLAGEN - BENOEMINGEN
PDF
Other17/12/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202539,9 k €↑
2024
Annual accounts 202431,3 k €↑
2023
Annual accounts 20232,1 k €↓
2022
Annual accounts 202241 k €↓
2021
Annual accounts 202194,3 k €↑
2020
Annual accounts 202078,5 k €↓
2019
Annual accounts 201989,5 k €↑
2018
Annual accounts 20186,5 k €↓
2017
Annual accounts 201716,1 k €↑
2016
Annual accounts 2016-25,4 k €↓
2015
Annual accounts 201522,1 k €↑
2014
Annual accounts 2014-25,6 k €↓
2013
Annual accounts 2013117,1 k €↑
2012
Annual accounts 201248,9 k €↓
2011
Annual accounts 201189,6 k €↑
2010
Annual accounts 201078,8 k €↑
2009
Annual accounts 200957,7 k €↑
2008
Annual accounts 2008292 €↓
2007
Annual accounts 2007102,5 k €↑
2006
Annual accounts 200642,1 k €
10/12/2003
IncorporationPrivate limited company

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

VL-SERVICE

Overview

What does VL-SERVICE do?

Trend over 20 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