Warning lights
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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
V.B.I. from Ledegem, company number BE0437569374, closed financial year 2025 with a result of € -9,062 after tax. For that financial year V.B.I. recorded a gross margin of € -7,609 and equity of € 437,585. Compared with financial year 2024, the result moved from € -5,299 to € -9,062. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 437,585
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,062
▼ 71 % more loss than in 2024
Profit after tax over the fiscal year.
€ 239
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,415.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 400
▲ 176% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,594 | € -27,981 | € -4,780 | € -7,609 | ▼ € 2,828 |
| Profit after taxes | € 8,398 | € -29,215 | € -5,299 | € -9,062 | ▼ € 3,763 |
| Equity | € 481,161 | € 451,947 | € 446,647 | € 437,585 | ▼ 2% |
| Total debts | € 1,166 | € 90,366 | € 97,911 | € 104,116 | ▲ 6% |
| Cash | € 1,366 | € 851 | € 357 | € 239 | ▼ 33% |
| Land & buildings | € 231,728 | € 231,728 | € 231,728 | € 231,728 | |
| Retained profit | € -18,839 | € -48,053 | € -53,353 | € -62,415 | ▼ € 9,062 |
| Balance sheet total | € 482,327 | € 542,313 | € 544,558 | € 541,701 | ▼ 1% |
Key figures of V.B.I., 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 V.B.I.?
What happened at V.B.I. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Creafim BV stepped down as director. NBB
- Stella BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9,062. Source: NBB ↗
- Creafim BV became a director. NBB
- Stella BV became a director. NBB
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,398 profit in 2022 to € 9,062 loss in 2025.
Paid € 9,324 in corporate taxes since 2022.
Best year ever: 2022, with € 8,398 profit.
Management
The stake of ILEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
V.B.I.The shares are held by ILEX (100%).
Directors
According to the 2025 annual accounts
Director · represented by Wim Deblauwe
Also active at: Antwerps Octrooi- en Merkenbureau M.F.J. Bockstael - Bureau des Brevets et des Marques M.F.J. Bockstael, BAM BORMET, I.DEEDS, Theo Coertjens International, SUNDAY GROUP, Robur Capital, STACHEL, Oengerengoeste +11 more
since 2023 · until 2029
Director · represented by Peter Caset
Also active at: GHENT DREDGING, Theo Coertjens International, ANNA PAULOWNA, Robur Capital, STACHEL, Steenoven Development Fund, Oengerengoeste, 4 Makers +16 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groenedreef 1 box 1
8880 Ledegem
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 →Stella same network
€ 397,976 gross margin · 2025
Robur Capital same network
€ 505,778 revenue · 2025
STACHEL same network
€ 1.7 million revenue · 2025
WICKERMANN same network
€ 469,230 gross margin · 2025
Waterfields Brewery same network
€ -29,875 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
- 0437.569.374
- VAT number
- BE 0437.569.374
- Registered office
- Groenedreef 1 bus 1, 8880 Ledegem
- Names & denominations
- V.B.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1989
- Peppol
- Active · Active since 16 Oct 2026