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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 2026
VADELS from Ganshoren, company number BE0425166242, closed financial year 2026 with a result of € 2,694 after tax. For that financial year VADELS recorded a gross margin of € 55,891 and equity of € 662,415. Compared with financial year 2025, the result moved from € 5,202 to € 2,694. The company is profitable. 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 October 27, 2026.
€ 662,415
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,694
▼ 48% vs 2025
Profit after tax over the fiscal year.
€ 76,647
▲ 35% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 178,477.
People and assets in 2026
€ 728
▼ 39% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 29,468
▲ 38% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 1,065
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 41,176 | € 39,152 | € 45,796 | € 55,891 | ▲ 22% |
| Profit after taxes | € -15,663 | € -1,968 | € 5,202 | € 2,694 | ▼ 48% |
| Equity | € 656,487 | € 654,519 | € 659,721 | € 662,415 | |
| Total debts | € 359,697 | € 359,847 | € 370,228 | € 379,468 | ▲ 2% |
| Cash | € 70,587 | € 67,881 | € 56,930 | € 76,647 | ▲ 35% |
| Land & buildings | € 979,359 | € 981,371 | € 1,010,166 | € 1,001,575 | ▼ 1% |
| Retained profit | € 172,549 | € 170,581 | € 175,782 | € 178,477 | ▲ 2% |
| Balance sheet total | € 1,057,053 | € 1,053,968 | € 1,068,283 | € 1,078,950 | ▲ 1% |
Key figures of VADELS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to VADELS?
What happened at VADELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 2,694 (▼ 48% vs 2025). Source: NBB ↗
- New establishment in Ganshoren. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,663 loss in 2023 to € 2,694 profit in 2026.
Paid € 1,130 in corporate taxes since 2023.
Best year ever: 2025, with € 5,202 profit.
Management
Behind VADELS are Catherine Elpers and Eline Serruys.
Directors
According to the 2026 annual accounts
Catherine Elpers
Director
Eline Serruys
Director
Establishments
Establishment units
Physical locations of this company
Koningin Paolaplein 11 box 6
1083 Ganshoren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0425.166.242
- VAT number
- BE 0425.166.242
- Registered office
- Koningin Paolaplein 11 bus 6, 1083 Ganshoren
- Names & denominations
- VADELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1983
- Peppol
- Not registered
- Activities · NACE
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