Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 26.9 to 22.9.
Financials
Financial year 2025
Vossaert from Oudenaarde, company number BE0425121801, closed financial year 2025 with a result of € -20,141 after tax. For that financial year Vossaert recorded a gross margin of € 1.8 million and equity of € 730,586. Compared with financial year 2024, the result moved from € 17,876 to € -20,141. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 730,586
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,141
▼ still € 17,876 profit in 2024
Profit after tax over the fiscal year.
€ 313,799
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 580,586.
People and assets in 2025
22.9
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 37% vs 2024
€ 66,000 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.
€ 287,214
▼ 34% vs 2024
Of which on lease € 226,881.
Debts at end 2025
€ 168,333
▼ 47% vs 2024
€ 43,987 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 275,437
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 141,674
▲ 118% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,678,979 | € 1,559,693 | € 1,273,713 | € 1,785,629 | ▲ 40% |
| Profit after taxes | € 148,419 | € 163,332 | € 17,876 | € -20,141 | ▼ € 38,017 |
| Equity | € 847,879 | € 732,852 | € 750,728 | € 730,586 | ▼ 3% |
| Total debts | € 1,521,383 | € 1,357,316 | € 1,536,838 | € 1,451,808 | ▼ 6% |
| Cash | € 408,057 | € 247,806 | € 407,735 | € 313,799 | ▼ 23% |
| Land & buildings | € 1,575 | - | - | - | |
| Retained profit | € 697,879 | € 582,852 | € 600,728 | € 580,586 | ▼ 3% |
| Dividend | € 0 | € 278,358 | € 0 | € 0 | |
| Bank debt | € 14,319 | € 0 | € 316,800 | € 168,333 | ▼ 47% |
| Balance sheet total | € 2,369,261 | € 2,090,167 | € 2,287,565 | € 2,182,394 | ▼ 5% |
| Employees (FTE) | 31.9 | 26.9 | 24.3 | 22.9 | ▼ 1.4 |
Key figures of Vossaert, 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 Vossaert?
What happened at Vossaert in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Justin Vossaert stepped down as director. NBB
- Nikolai Vossaert stepped down as director. NBB
- Johan Vossaert stepped down as director. NBB
- Stefaan Vossaert stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 20,141 (▼ € 38,017 vs 2024). Source: NBB ↗
- Justin Vossaert became a director. NBB
- Nikolai Vossaert became a director. NBB
- Johan Vossaert became a director. NBB
In short
From € 148,419 profit in 2022 to € 20,141 loss in 2025.
Paid € 28,780 in corporate taxes since 2022.
Best year ever: 2023, with € 163,332 profit.
On average € 78,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Justin Vossaert
Director
since 2025 · until 2031
Nikolai Vossaert
Director
Also active at: BEDRIJVENCENTRUM - VLAAMSE ARDENNEN, PLANBUREAU, Nivo Management
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Broekstraat 179
9700 Oudenaarde
Broekstraat 166
9700 Oudenaarde
Active since 1 January 1984
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
- 0425.121.801
- VAT number
- BE 0425.121.801
- Registered office
- Broekstraat 179, 9700 Oudenaarde
- Names & denominations
- Vossaert
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1983
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van keukenmeubelen
Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren
Groothandel in niet-elektrische huishoudelijke artikelen
Detailhandel in huismeubilair
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Detailhandel in meubels
Detailhandel in huismeubilair in gespecialiseerde winkels