ACTIVE

VLF

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Financial year 2025 · closed on 31/12/2025
Net result
-465,2 €
+99.6% YoY
Gross margin
21,4 k €
-84.5% YoY
Equity
53,2 k €
-64.2% YoY
Workforce
0,0 ETP

What does VLF do?

VLF is a Private limited company incorporated in 2005. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Knokke-Heist.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0871.272.113
Incorporation
18/01/2005
Legal form
Private limited company
Registered office
Goudenregenpad 1 box B
8300 Knokke-Heist · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
43990Other specialised construction activities n.e.c.· main43995Other specialised construction activities n.e.c.43410Specialised construction activities43910Roofing activities77320Rental and leasing of construction and civil engineering machinery and equipment77320Rental and leasing of construction and civil engineering machinery and equipment
Signals
Good liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin21,4 k €138,0 k €484,6 k €151,9 k €131,3 k €128,5 k €109,4 k €67,1 k €120,6 k €53,5 k €76,2 k €31,2 k €5,2 k €74,0 k €30,7 k €–-789,8 €-401,4 €-5,3 k €
EBITDA17,1 k €-29,8 k €261,6 k €148,2 k €130,1 k €128,5 k €106,4 k €52,3 k €117,1 k €39,9 k €73,3 k €29,9 k €3,8 k €69,9 k €9,0 k €-386,3 €-789,8 €-557,4 €-5,8 k €
Operating result17,1 k €-29,8 k €182,1 k €60,1 k €70,4 k €77,2 k €57,0 k €32,9 k €112,5 k €25,3 k €72,9 k €29,9 k €3,8 k €69,9 k €9,0 k €-386,3 €-1,0 k €3,6 k €-6,0 k €
Net result-465,2 €-127,0 k €103,8 k €17,6 k €33,2 k €39,7 k €25,1 k €6,2 k €63,1 k €2,1 k €30,0 k €18,6 k €-2,2 k €41,7 k €14,5 k €-457,7 €-1,1 k €3,3 k €-6,2 k €
Balance sheet
Equity53,2 k €148,7 k €344,2 k €240,4 k €222,9 k €258,2 k €218,4 k €193,3 k €187,1 k €124,0 k €122,0 k €91,9 k €73,3 k €75,6 k €33,9 k €19,5 k €19,9 k €21,1 k €17,8 k €
Total assets412,4 k €506,9 k €1,6 M €1,6 M €1,8 M €1,0 M €1,2 M €517,8 k €232,8 k €164,9 k €159,3 k €164,2 k €122,5 k €181,2 k €160,0 k €19,9 k €19,9 k €21,3 k €20,6 k €
Cash9,4 k €294,4 k €5,7 k €51,8 k €52,6 k €29,3 k €24,3 k €3,3 k €35,1 k €16,5 k €128,3 k €79,2 k €14,7 k €36,9 k €23,7 k €12,9 €2,4 €1,2 €54,1 €
Debts358,8 k €358,2 k €1,2 M €1,3 M €1,6 M €783,8 k €989,8 k €324,5 k €45,8 k €40,9 k €37,3 k €72,2 k €49,2 k €105,6 k €126,0 k €386,3 €–278,5 €2,8 k €
Other
Workforce0,0 ETP–––––––––––––0,3 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Vanlaethem Filip

Director

Active

Ended mandates

Filip Van Laethem

Manager · since 12 juillet 2010

Ended
Filip Vanlaethem

Administrator - manager · since 12 juillet 2010

Ended
Anne-Marie De Paepe

Manager · since 30 septembre 2006 · until 30 septembre 2012

Ended
Yves Van de Steene

Manager · since 13 janvier 2005

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202621/08/202531/07/202431/07/202329/07/202212/07/2021
General meeting30/06/202630/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/08/2026DutchPDF
Micro model31/12/202430/06/202521/08/2025DutchPDF
Micro model31/12/202328/06/202431/07/2024DutchPDF
Micro model31/12/202230/06/202331/07/2023DutchPDF
Micro model31/12/202124/06/202229/07/2022DutchPDF
Micro model31/12/202025/06/202112/07/2021DutchPDF
Micro model31/12/201904/09/202002/10/2020DutchPDF
Micro model31/12/201828/06/201930/08/2019DutchPDF
Micro model31/12/201729/06/201825/07/2018DutchPDF
Micro model31/12/201630/06/201719/07/2017DutchPDF
Abridged model31/12/201524/06/201608/07/2016DutchPDF
Abridged model31/12/201426/06/201515/08/2015DutchPDF
Abridged model31/12/201327/06/201402/08/2014DutchPDF
Abridged model31/12/201228/06/201327/08/2013DutchPDF
Abridged model31/12/201130/06/201227/08/2012DutchPDF
Abridged model31/03/201030/09/201028/10/2010DutchPDF
Abridged model31/03/200930/09/200926/10/2009DutchPDF
Abridged model31/03/200830/09/200830/11/2008DutchPDF
Abridged model31/03/200730/09/200729/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 5 ended

Active mandates

Vanlaethem Filip

Director

Active

Ended mandates

Filip Van Laethem

Manager · since 12 juillet 2010

Ended
Filip Vanlaethem

Administrator - manager · since 12 juillet 2010

Ended
Anne-Marie De Paepe

Manager · since 30 septembre 2006 · until 30 septembre 2012

Ended
Yves Van de Steene

Manager · since 13 janvier 2005

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office28/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/10/2020
    WIJZIGING RECHTSVORM - BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/04/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/10/2015
    BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/08/2010
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/07/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2005
    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

Timeline

  1. 2025
    Annual accounts 2025-465,2 €↑
  2. 2024
    Annual accounts 2024-127,0 k €↓
  3. 2023
    Annual accounts 2023103,8 k €↑
  4. 2022
    Annual accounts 202217,6 k €↓
  5. 2021
    Annual accounts 202133,2 k €↓
  6. 2020
    Annual accounts 202039,7 k €↑
  7. 2019
    Annual accounts 201925,1 k €↑
  8. 2018
    Annual accounts 20186,2 k €↓
  9. 2017
    Annual accounts 201763,1 k €↑
  10. 2016
    Annual accounts 20162,1 k €↓
  11. 2015
    Annual accounts 201530,0 k €↑
  12. 2014
    Annual accounts 201418,6 k €↑
  13. 2013
    Annual accounts 2013-2,2 k €↓
  14. 2012
    Annual accounts 201241,7 k €↑
  15. 2011
    Annual accounts 201114,5 k €↑
  16. 2010
    Annual accounts 2010-457,7 €↑
  17. 2009
    Annual accounts 2009-1,1 k €↓
  18. 2008
    Annual accounts 20083,3 k €↑
  19. 2007
    Annual accounts 2007-6,2 k €
  20. 18/01/2005
    IncorporationPrivate limited company