What is the address of VABELPA?

The registered office of VABELPA is located at Steenweg 29, 1730 Asse.

Is VABELPA still active?

Yes. According to the CBE (29 October 2026) VABELPA is active, legal situation “Normale toestand”, started on 31 January 1986.

Is VABELPA registered on Peppol?

No, VABELPA is currently not registered on the Peppol network.

What is the enterprise number of VABELPA?

The enterprise number of VABELPA is BE0428477605.

When was VABELPA founded?

VABELPA was founded on 31 January 1986.

Who are the directors of VABELPA?

According to the 2025 annual accounts, the directors of VABELPA are: Sibylle Van Belle, Jos Van Belle, Rita De Vos.

Is VABELPA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 January 1986; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VABELPA make in 2025?

VABELPA posted a profit after taxes of € 195,382 in financial year 2025.

What is the revenue of VABELPA?

As a small company, VABELPA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 720,225.

VABELPA (Public Limited) - Asse - BE0428477605

Dossier VABELPA, printed on 29 October 2026 from databakkes.be/en/0428477605/vabelpa. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

VABELPA from Asse, company number BE0428477605, closed financial year 2025 with a result of € 195,382 after tax. For that financial year VABELPA recorded a gross margin of € 720,225 and equity of € 3 million. Compared with financial year 2024, the result moved from € 3.5 million to € 195,382. 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 December 23, 2025.

What it is worth Growing

€ 3 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 195,382

▼ 94% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 15,644

▼ 94% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

51 % of the profit went to the shareholders, mostly to DEN AST (100 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 812,653

▼ 31% vs 2024

€ 510,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 4,069

▲ 205% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 21,569

▲ 24% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 666,017 Gross margin 2022: € 666,017 First fiscal year in the series	€ 726,013 Gross margin 2023: € 726,013 ▲ 9% vs 2022 (€ 666,017) Favourable step	€ 959,217 Gross margin 2024: € 959,217 ▲ 32% vs 2023 (€ 726,013) Favourable step	€ 720,225 Gross margin 2025: € 720,225 ▼ 25% vs 2024 (€ 959,217) Unfavourable step	▼ 25%
Profit after taxes	€ 356,353 Profit after taxes 2022: € 356,353 First fiscal year in the series	€ 182,154 Profit after taxes 2023: € 182,154 ▼ 49% vs 2022 (€ 356,353) Unfavourable step	€ 3,474,106 Profit after taxes 2024: € 3,474,106 ▲ € 3.3 million vs 2023 (€ 182,154) Favourable step	€ 195,382 Profit after taxes 2025: € 195,382 ▼ 94% vs 2024 (€ 3,474,106) Unfavourable step	▼ 94%
Equity	€ 1,352,334 Equity 2022: € 1,352,334 First fiscal year in the series	€ 1,534,489 Equity 2023: € 1,534,489 ▲ 13% vs 2022 (€ 1,352,334) Favourable step	€ 2,908,595 Equity 2024: € 2,908,595 ▲ 90% vs 2023 (€ 1,534,489) Favourable step	€ 3,003,977 Equity 2025: € 3,003,977 ▲ 3% vs 2024 (€ 2,908,595) Favourable step	▲ 3%
Total debts	€ 4,575,577 Total debts 2022: € 4,575,577 First fiscal year in the series	€ 4,403,172 Total debts 2023: € 4,403,172 ▼ 4% vs 2022 (€ 4,575,577) Favourable step	€ 4,137,813 Total debts 2024: € 4,137,813 ▼ 6% vs 2023 (€ 4,403,172) Favourable step	€ 2,314,799 Total debts 2025: € 2,314,799 ▼ 44% vs 2024 (€ 4,137,813) Favourable step	▼ 44%
Cash	€ 53,449 Cash 2022: € 53,449 First fiscal year in the series	€ 195,808 Cash 2023: € 195,808 ▲ 266% vs 2022 (€ 53,449) Favourable step	€ 263,799 Cash 2024: € 263,799 ▲ 35% vs 2023 (€ 195,808) Favourable step	€ 15,644 Cash 2025: € 15,644 ▼ 94% vs 2024 (€ 263,799) Unfavourable step	▼ 94%
Land & buildings	€ 4,217,355 Land & buildings 2022: € 4,217,355 First fiscal year in the series	€ 4,085,096 Land & buildings 2023: € 4,085,096 ▼ 3% vs 2022 (€ 4,217,355) Unchanged	€ 4,153,785 Land & buildings 2024: € 4,153,785 ▲ 2% vs 2023 (€ 4,085,096) Unchanged	€ 3,936,335 Land & buildings 2025: € 3,936,335 ▼ 5% vs 2024 (€ 4,153,785) Unchanged	▼ 5%
Retained profit	€ 1,147,334 Retained profit 2022: € 1,147,334 First fiscal year in the series	€ 1,329,489 Retained profit 2023: € 1,329,489 ▲ 16% vs 2022 (€ 1,147,334) Favourable step	€ 2,703,595 Retained profit 2024: € 2,703,595 ▲ 103% vs 2023 (€ 1,329,489) Favourable step	€ 2,798,977 Retained profit 2025: € 2,798,977 ▲ 4% vs 2024 (€ 2,703,595) Favourable step	▲ 4%
Dividend	€ 50,000 Dividend 2022: € 50,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 50,000) Unchanged	€ 2,100,000 Dividend 2024: € 2,100,000 Unchanged (€ 0) Unchanged	€ 100,000 Dividend 2025: € 100,000 ▼ 95% vs 2024 (€ 2,100,000) Unchanged	▼ 95%
Bank debt	€ 3,696,283 Bank debt 2022: € 3,696,283 First fiscal year in the series	€ 3,550,577 Bank debt 2023: € 3,550,577 ▼ 4% vs 2022 (€ 3,696,283) Favourable step	€ 1,171,561 Bank debt 2024: € 1,171,561 ▼ 67% vs 2023 (€ 3,550,577) Favourable step	€ 812,653 Bank debt 2025: € 812,653 ▼ 31% vs 2024 (€ 1,171,561) Favourable step	▼ 31%
Balance sheet total	€ 5,935,661 Balance sheet total 2022: € 5,935,661 First fiscal year in the series	€ 5,944,442 Balance sheet total 2023: € 5,944,442 Unchanged (€ 5,935,661) Unchanged	€ 7,099,960 Balance sheet total 2024: € 7,099,960 ▲ 19% vs 2023 (€ 5,944,442) Unchanged	€ 5,369,429 Balance sheet total 2025: € 5,369,429 ▼ 24% vs 2024 (€ 7,099,960) Unchanged	▼ 24%

Key figures of VABELPA, 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 VABELPA?

What happened at VABELPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 23, 2025 New annual accounts for financial year 2025: profit of € 195,382 (▼ 94% vs 2024). Source: NBB ↗
2023 Sibylle Van Belle became a director. NBB
2023 Jos Van Belle became a director. NBB
2023 Rita De Vos became a director. NBB
Mar 17, 1987 New establishment in Asse. KBO
Jan 31, 1986 Start of the company according to the CBE. KBO

In short

From € 356,353 profit in 2022 to € 195,382 profit in 2025.

Paid € 251,422 in corporate taxes since 2022.

Best year ever: 2024, with € 3.5 million profit.

Paid out € 2.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DEN AST 100%

The stake of DEN AST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VABELPA

Wetteren Department Stores 59%

Sibimo 1.3%

Behind VABELPA are Sibylle Van Belle, Jos Van Belle and Rita De Vos. The shares are held by DEN AST (100%). It owns 59% of Wetteren Department Stores and 1.3% of Sibimo itself.

Directors

According to the 2025 annual accounts

Sibylle Van Belle

Director

Also active at: I-ADVICE, M.H.F. - Themol, Van Belle, LIEVENS, A & B, EGO, SIBIMO, WETTEREN DEPARTMENT STORES +11 more

since 2023

Jos Van Belle

Managing director

Also active at: I-ADVICE, Van Belle, A & B, EGO, SIBIMO, WETTEREN DEPARTMENT STORES, DEN AST, STARFIN +9 more

since 2023

Rita De Vos

Director

Also active at: I-ADVICE, Van Belle, A & B, EGO, SIBIMO, WETTEREN DEPARTMENT STORES, DEN AST, DE NERVIËR +1 more

since 2023

Shareholders

DEN AST

100%

Participations

Wetteren Department Stores

59%

Sibimo

1.3%

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg 29

1730 Asse

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 →

Behandelingscentrum voor Leer-, Spraak-, en Gedragstoornissen

Uitbouw Behandelingscentrum

Van Belle same network

€ -88 gross margin · 2025

Asse als Centrum voor Handel en Diensten

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0428.477.605
VAT number: BE 0428.477.605
Registered office: Steenweg 29, 1730 Asse
Names & denominations: VABELPA
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 31 January 1986
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗

VABELPA

Warning lights

Financials

What happened to VABELPA?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions