Financials
Financial year 2025
VOORUIT NR. 1 from Gent, company number BE0405703884, closed financial year 2025 with a result of € 28,407 after tax. For that financial year VOORUIT NR. 1 recorded revenue of € 3.6 million and equity of € 10.8 million. Compared with financial year 2024, the result moved from € 25,843 to € 28,407. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 10.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,407
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 260,098
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.2 million.
People and assets in 2025
33.3
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 3% vs 2024
€ 66,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 53,757
▼ 63% vs 2024
Of which on lease € 29,482.
Debts at end 2025
€ 3.5 million
▼ 9% vs 2024
€ 190,598 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 139,761
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 405,325
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,434,633 | € 3,336,728 | € 3,441,607 | € 3,552,784 | ▲ 3% |
| Profit after taxes | € 1,955,825 | € 22,986 | € 25,843 | € 28,407 | ▲ 10% |
| Equity | € 10,721,692 | € 10,762,703 | € 10,782,875 | € 10,807,905 | |
| Total debts | € 10,838,192 | € 10,794,092 | € 7,551,894 | € 7,474,367 | ▼ 1% |
| Cash | € 1,244,137 | € 1,109,478 | € 258,312 | € 260,098 | ▲ 1% |
| Retained profit | € 10,169,684 | € 10,192,670 | € 10,218,513 | € 10,246,920 | |
| Bank debt | € 4,001,333 | € 4,211,231 | € 3,851,582 | € 3,517,878 | ▼ 9% |
| Balance sheet total | € 21,559,884 | € 21,556,794 | € 18,334,769 | € 18,282,272 | |
| Employees (FTE) | 36.9 | 35.9 | 31.5 | 33.3 | ▲ 1.8 |
Key figures of VOORUIT NR. 1, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VOORUIT NR. 1?
What happened at VOORUIT NR. 1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,407 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million profit in 2022 to € 28,407 profit in 2025.
Paid € 97,974 in corporate taxes since 2022.
Best year ever: 2022, with € 2 million profit.
Pays suppliers within 36 days on average.
A new publication or filing at VOORUIT NR. 1? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of VOLKSKLINIEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VOORUIT NR. 1Behind VOORUIT NR. 1 are G. REYNEBEAU, S. MISSELYN, M. DE MOOR, J. ROOSE, R. CORBEIJ and R. VANDER VENNET. The shares are held by VOLKSKLINIEK. It owns 99.3% of SERVICOV, 90.2% of IMMOCOV and 48% of COOP-APOTHEKEN itself.
Directors
According to the 2025 annual accounts
R. VANDER VENNET
Director
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Nieuwevaart 151
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →IMMOCOV same network
€ 2.2 million gross margin · 2025
Fonds Eduard Anseele
COOP-APOTHEKEN same network
€ 85.3 million revenue · 2025
COOP APOTHEKEN
FARMALINE
€ 12,450 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.703.884
- VAT number
- BE 0405.703.884
- Registered office
- Nieuwevaart 151, 9000 Gent
- Names & denominations
- VOORUIT NR. 1 · VOORUIT
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 21 September 1886
- Peppol
- Active · Active since 14 Dec 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers