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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Vensel from Geel, company number BE0404211272, closed financial year 2025 with a result of € 18,625 after tax. For that financial year Vensel recorded a gross margin of € 26,460 and equity of € 160,404. Compared with financial year 2024, the result moved from € 14,276 to € 18,625. 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 December 5, 2025.
€ 160,404
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,625
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 41,704
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 105,247 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 995
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,588
▲ 152% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,098 | € 20,046 | € 25,677 | € 26,460 | ▲ 3% |
| Profit after taxes | € 10,338 | € 11,410 | € 14,276 | € 18,625 | ▲ 30% |
| Equity | € 221,340 | € 232,750 | € 247,026 | € 160,404 | ▼ 35% |
| Total debts | € 38,827 | € 40,265 | € 43,277 | € 20,620 | ▼ 52% |
| Cash | € 120,847 | € 133,695 | € 150,982 | € 41,704 | ▼ 72% |
| Land & buildings | € 139,320 | € 139,320 | € 139,320 | € 139,320 | |
| Retained profit | € 89,940 | € 101,350 | € 115,626 | € 29,004 | ▼ 75% |
| Dividend | € 0 | € 0 | € 0 | € 105,247 | |
| Balance sheet total | € 260,167 | € 273,015 | € 290,303 | € 181,024 | ▼ 38% |
Key figures of Vensel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Vensel?
What happened at Vensel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maria Moortgat stepped down as director. NBB
- Jan Moortgat stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 18,625 (▲ 30% vs 2024). Source: NBB ↗
- Maria Moortgat became a director. NBB
- Jan Moortgat became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,338 profit in 2022 to € 18,625 profit in 2025.
Paid € 23,014 in corporate taxes since 2022.
Best year ever: 2025, with € 18,625 profit.
Paid out € 105,247 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Jan Moortgat
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Stationsstraat 131
2440 Geel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0404.211.272
- VAT number
- BE 0404.211.272
- Registered office
- Stationsstraat 131, 2440 Geel
- Names & denominations
- Vensel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Not registered