Financials
Financial year 2025
VAES from Pelt, company number BE0446070930, closed financial year 2025 with a result of € 19,898 after tax. For that financial year VAES recorded a gross margin of € 85,250 and equity of € 141,568. Compared with financial year 2024, the result moved from € 8,261 to € 19,898. Profitable, and profit is growing. 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 August 30, 2026.
€ 141,568
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,898
▲ 141% vs 2024
Profit after tax over the fiscal year.
€ 136,705
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,800 paid out
24 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 52,152
▲ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,802
▲ 19% 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.
€ 5,034
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,037
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,565 | € 85,720 | € 70,459 | € 85,250 | ▲ 21% |
| Profit after taxes | € 21,400 | € 21,167 | € 8,261 | € 19,898 | ▲ 141% |
| Equity | € 270,527 | € 123,010 | € 126,471 | € 141,568 | ▲ 12% |
| Total debts | € 17,120 | € 108,237 | € 67,871 | € 64,545 | ▼ 5% |
| Cash | € 195,329 | € 156,449 | € 119,644 | € 136,705 | ▲ 14% |
| Retained profit | € 39,843 | € 61,010 | € 64,471 | € 79,568 | ▲ 23% |
| Dividend | € 15,554 | € 0 | € 4,800 | € 4,800 | |
| Balance sheet total | € 287,646 | € 231,247 | € 194,342 | € 206,113 | ▲ 6% |
Key figures of VAES, 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 VAES?
What happened at VAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elza Vaes stepped down as director. NBB
- Annita Vaes stepped down as director. NBB
- Jan Vaes stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 19,898 (▲ 141% vs 2024). filed late Source: NBB ↗
- Elza Vaes became a director. NBB
- Annita Vaes became a director. NBB
- Jan Vaes became a director. NBB
- New establishment in Pelt. KBO
In short
From € 21,400 profit in 2022 to € 19,898 profit in 2025.
Paid € 24,125 in corporate taxes since 2022.
Best year ever: 2022, with € 21,400 profit.
Paid out € 25,154 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Elza Vaes
Director
since 2021 · until 2027
Annita Vaes
Director
since 2021 · until 2027
Jan Vaes
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kapelstraat 53
3900 Pelt
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
Network
Details
- Company number
- 0446.070.930
- VAT number
- BE 0446.070.930
- Registered office
- Kapelstraat 53, 3900 Pelt
- Names & denominations
- VAES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1991
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- vaes-houtdraaiwerk.be
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof