Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
VOLCKE AEROSOL BELGIUM from Kuurne, company number BE0428090989, closed financial year 2025 with a result of € 704,508 after tax. For that financial year VOLCKE AEROSOL BELGIUM recorded revenue of € 22.5 million and equity of € 6 million. Compared with financial year 2024, the result moved from € 497,903 to € 704,508. 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 December 19, 2025.
€ 6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 704,508
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 401,394
▲ 288% 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 € 5.8 million.
People and assets in 2025
43.1
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 7% vs 2024
€ 68,000 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.
€ 87,185
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4 million
▼ 29% vs 2024
Loans from banks and other lenders, long and short.
€ 1.7 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 490,705
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,104,288 | € 21,889,922 | € 20,753,395 | € 22,511,748 | ▲ 8% |
| Profit after taxes | € 57,651 | € 102,564 | € 497,903 | € 704,508 | ▲ 41% |
| Equity | € 4,652,969 | € 4,755,534 | € 5,253,436 | € 5,957,944 | ▲ 13% |
| Total debts | € 9,940,866 | € 9,485,065 | € 8,020,261 | € 6,215,900 | ▼ 22% |
| Cash | € 217,171 | € 104,225 | € 103,447 | € 401,394 | ▲ 288% |
| Retained profit | € 4,479,369 | € 4,581,934 | € 5,079,836 | € 5,784,344 | ▲ 14% |
| Bank debt | € 7,232,502 | € 6,859,148 | € 5,600,384 | € 3,972,054 | ▼ 29% |
| Balance sheet total | € 14,880,296 | € 14,485,546 | € 13,477,132 | € 12,335,766 | ▼ 8% |
| Employees (FTE) | 43.7 | 41.4 | 42.6 | 43.1 | ▲ 0.5 |
Key figures of VOLCKE AEROSOL BELGIUM, 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 October 2026.
What happened to VOLCKE AEROSOL BELGIUM?
What happened at VOLCKE AEROSOL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Volcke Aerosol Connection PLC stepped down as director. NBB
- BARBARA GINNEBERGE stepped down as director. NBB
- D & D Management Consulting Bv stepped down as director. NBB
- B Greenfields Bv stepped down as director. NBB
- DARIO STEINER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 704,508 (▲ 41% vs 2024). filed late Source: NBB ↗
- Volcke Aerosol Connection PLC became a director. NBB
- BARBARA GINNEBERGE became a director. NBB
In short
From € 57,651 profit in 2022 to € 704,508 profit in 2025.
Paid € 772,554 in corporate taxes since 2022.
Best year ever: 2025, with € 704,508 profit.
Pays suppliers within 33 days on average.
A new publication or filing at VOLCKE AEROSOL BELGIUM? 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 shares are held by Volcke Aerosol Connection PLC (99.9%) and Jeff Volcke (0.1%). It owns 100% of Tulip Innovation BV itself.
Directors
According to the 2025 annual accounts
Volcke Aerosol Connection PLC
Director · represented by Stefaan Volcke
since 2024 · until 2027
BARBARA GINNEBERGE
Director
since 2024 · until 2027
D & D Management Consulting Bv
Director · represented by Dimitri Breine
since 2024 · until 2027
Director, Chairman of the board · represented by Jeff Volcke
Also active at: GOODMARK EUROPE
since 2024 · until 2027
DARIO STEINER
Director
since 2024 · until 2027
Shareholders
Volcke Aerosol Connection PLC
99.9%
Jeff Volcke
0.1%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Industrielaan 15
8520 Kuurne
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
- 0428.090.989
- VAT number
- BE 0428.090.989
- Registered office
- Industrielaan 15, 8520 Kuurne
- Names & denominations
- VOLCKE AEROSOL BELGIUM · VAC · "Volcke Aerosol Company", afgekort "V.A.C. Aerosols"
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1985
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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