Financials
Financial year 2025
VIGO from Wetteren, company number BE0444471717, closed financial year 2025 with a result of € 8.3 million after tax. For that financial year VIGO recorded revenue of € 107.7 million and equity of € 10.9 million. Compared with financial year 2024, the result moved from € 9.7 million to € 8.3 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 10.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.3 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 8 million paid out
97 % of the profit went to the shareholders, mostly to V!GO International (100 % of the shares). That is where the money ends up.
People and assets in 2025
516
▲ 48 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 38 million
▲ 13% vs 2024
€ 73,700 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.
€ 529,956
▲ 20% vs 2024
Of which on lease € 66,865.
Debts at end 2025
€ 3.2 million
▼ 13% vs 2024
€ 18,641 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 11.7 million
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 8 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 76,873,022 | € 88,552,126 | € 97,082,907 | € 107,742,491 | ▲ 11% |
| Profit after taxes | € 5,827,536 | € 8,962,361 | € 9,687,161 | € 8,266,000 | ▼ 15% |
| Equity | € 29,201,570 | € 18,163,931 | € 10,628,724 | € 10,907,124 | ▲ 3% |
| Total debts | € 28,134,933 | € 46,310,226 | € 54,913,224 | € 57,170,174 | ▲ 4% |
| Cash | € 1,367,634 | € 1,125,544 | € 1,629,252 | € 1,744,819 | ▲ 7% |
| Land & buildings | € 365,281 | € 253,872 | € 676,224 | € 582,286 | ▼ 14% |
| Retained profit | € 26,589,570 | € 15,551,931 | € 7,926,924 | € 8,192,924 | ▲ 3% |
| Dividend | € 11,200,000 | € 20,000,000 | € 20,000,000 | € 8,000,000 | ▼ 60% |
| Bank debt | € 2,985,869 | € 3,931,437 | € 3,731,192 | € 3,229,601 | ▼ 13% |
| Balance sheet total | € 57,349,735 | € 64,483,326 | € 65,549,449 | € 68,083,131 | ▲ 4% |
| Employees (FTE) | 407.9 | 429.7 | 468 | 516 | ▲ 48 |
Key figures of VIGO, 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 VIGO?
What happened at VIGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- S. VAN HECKE BV stepped down as director. NBB
- ELODUS BV stepped down as director. NBB
- TWINC BV stepped down as director. NBB
- M.M.C. BV stepped down as director. NBB
- New establishment in Wetteren. KBO
- New annual accounts for financial year 2025: profit of € 8.3 million (▼ 15% vs 2024). Source: NBB ↗
- S. VAN HECKE BV became a director. NBB
- ELODUS BV became a director. NBB
In short
From € 5.8 million profit in 2022 to € 8.3 million profit in 2025.
Paid € 11 million in corporate taxes since 2022.
Best year ever: 2024, with € 9.7 million profit.
Paid out € 59.2 million in dividends to the owners in total.
Management
The stake of V!GO International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VIGOThe shares are held by V!GO International (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by STEVE VAN HECKE
Also active at: DEMOLDER ORTHOS, MATTON ORTHOPEDIE, V!GO International
since 2025 · until 2031
Managing director · represented by DANIEL SENGELOV
Also active at: DEMOLDER ORTHOS, MATTON ORTHOPEDIE, V!GO International
since 2025 · until 2031
Managing director · represented by TITIA WILLEMS
Also active at: DEMOLDER ORTHOS, MATTON ORTHOPEDIE, V!GO International
since 2025 · until 2031
Managing director · represented by MICHIEL MEERBERGEN
Also active at: DEMOLDER ORTHOS, MATTON ORTHOPEDIE, V!GO International
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Biezeweg 13
9230 Wetteren
Weligerveld(PEL) 1
3212 Lubbeek
Active since 2 July 1991
Boomsesteenweg 135
2610 Antwerpen
Active since 1 October 2016
Maaltebruggestraat 288
9000 Gent
Active since 28 December 1993
Interleuvenlaan 60
3001 Leuven
Active since 6 June 2011
Leopoldvest 58
3300 Tienen
Active since 6 June 2011
Z. 1 Researchpark 10
1731 Asse
Active since 6 June 2011
Chaussée de Marche(EP) 483 box COM 3
5101 Namur
Active since 6 June 2011
Zwijnaardsesteenweg 488
9000 Gent
Active since 6 June 2011
Florent Pauwelslei 1
2100 Antwerpen
Active since 1 January 2014
Herestraat 49
3000 Leuven
Active since 1 January 2019
de Maillé de la Tour Landrylaan 3
1820 Steenokkerzeel
Active since 1 January 2021
Diksmuidsesteenweg 370 box A
8800 Roeselare
Active since 1 August 2021
Herentalsebaan 414
2100 Antwerpen
Active since 1 January 2022
Brugstraat 57
2300 Turnhout
Active since 1 January 2023
Nieuwe steenweg 6
3500 Hasselt
Active since 1 January 2025
Henry Fordlaan 43
3600 Genk
Active since 1 January 2025
Kalkensteenweg 21 box B
9230 Wetteren
Active since 1 September 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0444.471.717
- VAT number
- BE 0444.471.717
- Registered office
- Biezeweg 13, 9230 Wetteren
- Names & denominations
- VIGO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1991
- Peppol
- Active · Active since 1 Jan 2001
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