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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
VSI INTERNATIONAL from Niel, company number BE0403635410, closed financial year 2024 with a result of € -33,964 after tax. Compared with financial year 2023, the result moved from € -41,058 to € -33,964. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 1, 2025.
€ -927,794
▼ € 33,964 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,964
▲ 17 % less loss than in 2023
Profit after tax over the fiscal year.
€ 20,920
▲ 58% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
People and assets in 2024
€ 387
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 871,937
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 5469 days on average.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Profit after taxes | € -29,116 | € -41,058 | € -33,964 | ▲ € 7,094 |
| Equity | € -852,772 | € -893,830 | € -927,794 | ▼ € 33,964 |
| Total debts | € 754,827 | € 817,501 | € 885,667 | ▲ 8% |
| Cash | € 620 | € 13,281 | € 20,920 | ▲ 58% |
| Retained profit | € -1,740,312 | € -1,781,370 | € -1,815,334 | ▼ € 33,964 |
| Balance sheet total | € 12,362 | € 14,808 | € 22,805 | ▲ 54% |
Key figures of VSI INTERNATIONAL, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VSI INTERNATIONAL?
What happened at VSI INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 33,964. filed late Source: NBB ↗
- Enrique Moya Cabo became a director. NBB
- Daria Kudina stepped down as director. NBB
- Daria Kudina became a director. NBB
- James D. Huchison became a director. NBB
- New establishment in Niel. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,116 loss in 2022 to € 33,964 loss in 2024.
Management
Behind VSI INTERNATIONAL are Enrique Moya Cabo and James D. Huchison. The shares are held by DME Europe CVBA (100%).
Directors
According to the 2024 annual accounts
Enrique Moya Cabo
Director
since 2024
James D. Huchison
Director
since 2019
since 2020 · until 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 2
2845 Niel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0403.635.410
- VAT number
- BE 0403.635.410
- Registered office
- Industrieweg 2, 2845 Niel
- Names & denominations
- VSI INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 1967
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Financiële lease
Financiële leasing
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.