Financials
Financial year 2025
VADO from Essen, company number BE0439428014, closed financial year 2025 with a result of € 21,570 after tax. For that financial year VADO recorded a gross margin of € 125,094 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 106,173 to € 21,570. 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 July 14, 2026.
€ 1.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,570
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 425,642
▲ 227% 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 € 1.5 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 58,549
▲ € 55,721 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,437
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,949
▼ 57% 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 | € 130,340 | € 142,805 | € 120,122 | € 125,094 | ▲ 4% |
| Profit after taxes | € 19,008 | € 30,833 | € 106,173 | € 21,570 | ▼ 80% |
| Equity | € 1,370,846 | € 1,401,679 | € 1,507,852 | € 1,529,422 | ▲ 1% |
| Total debts | € 46,981 | € 119,831 | € 65,562 | € 30,405 | ▼ 54% |
| Cash | € 266,701 | € 23,603 | € 130,224 | € 425,642 | ▲ 227% |
| Land & buildings | € 824,740 | € 702,313 | € 663,894 | € 635,462 | ▼ 4% |
| Retained profit | € 1,346,057 | € 1,376,890 | € 1,483,063 | € 1,504,633 | ▲ 1% |
| Balance sheet total | € 1,512,712 | € 1,612,651 | € 1,575,809 | € 1,561,438 | ▼ 1% |
Key figures of VADO, 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 VADO?
What happened at VADO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,570 (▼ 80% vs 2024). Source: NBB ↗
- George Vandoren became a director. NBB
- Anita De Groof became a director. NBB
- New establishment in Essen. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,008 profit in 2022 to € 21,570 profit in 2025.
Paid € 42,080 in corporate taxes since 2022.
Best year ever: 2024, with € 106,173 profit.
Management
Behind VADO are George Vandoren and Anita De Groof.
Directors
According to the 2025 annual accounts
George Vandoren
Director
since 2023
Anita De Groof
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Spijker 34
2910 Essen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0439.428.014
- VAT number
- BE 0439.428.014
- Registered office
- Spijker 34, 2910 Essen
- Names & denominations
- VADO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 November 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vado.be
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