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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
V.B.G. from Kapellen, company number BE0437888979, closed financial year 2025 with a result of € 6,700 after tax. For that financial year V.B.G. recorded a gross margin of € 17,693 and equity of € 83,881. Compared with financial year 2024, the result moved from € 9,797 to € 6,700. 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 September 10, 2026.
€ 83,881
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,700
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 21
▼ € 33,867 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5,500 paid out
82 % of the profit went to the shareholders, mostly to INTER KREA (100 % of the shares). That is where the money ends up.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 83,779
▼ 3% vs 2024
€ 7,749 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 425
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,369
▲ 105% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,198 | € 18,229 | € 18,271 | € 17,693 | ▼ 3% |
| Profit after taxes | € 9,932 | € 11,200 | € 9,797 | € 6,700 | ▼ 32% |
| Equity | € 78,185 | € 80,384 | € 82,681 | € 83,881 | ▲ 1% |
| Total debts | € 14,330 | € 15,451 | € 94,846 | € 96,471 | ▲ 2% |
| Cash | € 43,749 | € 16,517 | € 33,888 | € 21 | ▼ € 33,867 |
| Land & buildings | € 45,389 | € 42,376 | € 42,376 | € 91,636 | ▲ 116% |
| Retained profit | € 59,585 | € 61,784 | € 64,081 | € 65,281 | ▲ 2% |
| Dividend | € 9,000 | € 9,000 | € 7,500 | € 5,500 | ▼ 27% |
| Bank debt | € 0 | € 0 | € 86,292 | € 83,779 | ▼ 3% |
| Balance sheet total | € 92,514 | € 95,835 | € 177,527 | € 180,353 | ▲ 2% |
Key figures of V.B.G., 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.G.?
What happened at V.B.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,700 (▼ 32% vs 2024). filed late Source: NBB ↗
- Martine BERGE became a director. NBB
- ELETECH BV became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,932 profit in 2022 to € 6,700 profit in 2025.
Paid € 2,423 in corporate taxes since 2022.
Best year ever: 2023, with € 11,200 profit.
Paid out € 31,000 in dividends to the owners in total.
Management
The stake of INTER KREA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
V.B.G.Behind V.B.G. are ELETECH BV and Martine BERGE. The shares are held by INTER KREA (99.6%).
Directors
According to the 2025 annual accounts
since 2019
since 2019
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kalmthoutsesteenweg 32
2950 Kapellen
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
- 0437.888.979
- VAT number
- BE 0437.888.979
- Registered office
- Kalmthoutsesteenweg 32, 2950 Kapellen
- Names & denominations
- V.B.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1989
- Peppol
- Not registered