Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
VAB Rijschool from Sint-Niklaas, company number BE0448109811, closed financial year 2025 with a result of € 1 million after tax. For that financial year VAB Rijschool recorded revenue of € 27.7 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 926,725 to € 1 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 2.1 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 3.8 million
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 924,224 paid out
90 % of the profit went to the shareholders, mostly to Groep Vab (100 % of the shares). That is where the money ends up.
People and assets in 2025
273.3
▼ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 15.7 million
▲ 4% vs 2024
€ 57,600 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.
€ 881,207
▼ 22% 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.
€ 1.3 million
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 3.5 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,769,167 | € 24,882,521 | € 26,826,033 | € 27,692,377 | ▲ 3% |
| Profit after taxes | € 117 | € -151,509 | € 926,725 | € 1,029,763 | ▲ 11% |
| Equity | € 2,653,320 | € 2,501,811 | € 2,548,147 | € 2,099,636 | ▼ 18% |
| Total debts | € 8,591,797 | € 9,294,104 | € 10,654,302 | € 11,396,120 | ▲ 7% |
| Cash | € 6,823,201 | € 4,385,271 | € 3,175,802 | € 3,810,180 | ▲ 20% |
| Land & buildings | € 130,565 | € 128,329 | € 126,101 | € 124,947 | ▼ 1% |
| Retained profit | € -1,491,833 | € -1,643,342 | € 167,377 | € 218,866 | ▲ 31% |
| Dividend | € 0 | € 0 | € 880,389 | € 924,224 | ▲ 5% |
| Balance sheet total | € 11,245,117 | € 11,795,915 | € 13,202,449 | € 13,495,757 | ▲ 2% |
| Employees (FTE) | 280.9 | 278.5 | 276.8 | 273.3 | ▼ 3.5 |
Key figures of VAB Rijschool, 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 VAB Rijschool?
What happened at VAB Rijschool in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Gabriëls stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▲ 11% vs 2024). Source: NBB ↗
- Nele Vandaele stepped down as director. NBB
- Geert Markey stepped down as director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- Michael Gabriëls became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 117 profit in 2022 to € 1 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
Paid out € 1.8 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Groep Vab (100%). It owns 100% of VAB Training & Consult NV itself.
Directors
According to the 2025 annual accounts
Michael Gabriëls
Director
Also active at: DEPANNAGE 2000, LUBACO, VAB Training & Consult, VAB, Groep VAB, VAB, VAB Automotive Solutions
since 2025 · until 2028
Nele Vandaele
Chairman of the board
Also active at: Agentuur voor Brandherverzekering, DEPANNAGE 2000, LUBACO, VAB Training & Consult, VAB, Groep VAB, VAB Banden, VAB +1 more
since 2023 · until 2026
Geert Markey
Managing director
Also active at: DEPANNAGE 2000, LUBACO, VAB Training & Consult, VAB, TRAJECT, Groep VAB, VAB Banden, OPTIMOBIL BELGIUM +3 more
since 2023 · until 2026
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Oostjachtpark 13
9100 Sint-Niklaas
Boelare 126 box A
9900 Eeklo
Active since 17 February 2000
Capucienenlaan 65
9300 Aalst
Active since 5 October 1992
Rijselstraat 42
8200 Brugge
Active since 5 October 1992
Weg naar As 17
3600 Genk
Active since 29 September 1992
Demerlaan 23
3740 Bilzen-Hoeselt
Active since 29 September 1992
Lessensestraat 113 box 1
9500 Geraardsbergen
Active since 9 October 2008
Oude Zandstraat(BEV) 52
9120 Beveren-Kruibeke-Zwijndrecht
Active since 9 October 2008
Fortune De Kokerlaan 1
9940 Evergem
Active since 9 October 2008
Gentstraat 53
9800 Deinze
Active since 9 October 2008
St-Jans-Gasthuisstraat 1 box B
8470 Gistel
Active since 9 October 2008
Leopoldplein 1
2500 Lier
Active since 9 October 2008
Rubensstraat 159
2300 Turnhout
Active since 9 October 2008
Stationsstraat 42
3980 Tessenderlo-Ham
Active since 9 October 2008
Voskenslaan 330
9000 Gent
Active since 29 December 2010
Kapellestraat 53
2630 Aartselaar
Active since 1 July 2011
Antwerpsesteenweg 10
2550 Kontich
Active since 1 July 2011
Kraaimeersstraat 2
9160 Lokeren
Active since 1 July 2011
Peperstraat 24
9220 Hamme (Vl.)
Active since 1 July 2011
Ninoofsesteenweg 39
1500 Halle
Active since 1 July 2011
Dorp-West 98
9080 Lochristi
Active since 1 July 2011
Gebroeders Vandeveldestraat 12
9000 Gent
Active since 1 July 2011
Parklaan 15
9100 Sint-Niklaas
Active since 1 July 2011
Polenlaan(STE) 11 box A
9190 Stekene
Active since 1 July 2011
Wachtebekestraat 153
9060 Zelzate
Active since 1 July 2011
Colonel Silvertopstraat 17
2850 Boom
Active since 1 July 2011
Antwerpsestraat 261
2640 Mortsel
Active since 1 July 2011
Jules Moretuslei 442
2610 Antwerpen
Active since 1 July 2011
Statiestraat 111 box A
2070 Beveren-Kruibeke-Zwijndrecht
Active since 1 July 2011
Meerdegatstraat 177
3570 Alken
Active since 1 July 2011
Tiensesteenweg 12
3800 Sint-Truiden
Active since 1 July 2011
Eeuwfeestwal 18
3700 Tongeren-Borgloon
Active since 1 July 2011
Gulden-Vlieslaan 64 box 0.1
8000 Brugge
Active since 16 January 2012
Naamsestraat 117
3000 Leuven
Active since 27 August 2012
Stationsplein 12 box 1
9230 Wetteren
Active since 2 January 2012
Bampslaan 16
3500 Hasselt
Active since 2 January 2012
Schooldreef 31 box A
8020 Oostkamp
Active since 1 June 2015
Kapelsesteenweg 304
2930 Brasschaat
Active since 1 July 2015
Gitschotellei 123
2600 Antwerpen
Active since 1 July 2015
Augustijnslei 2
2930 Brasschaat
Active since 1 July 2015
Broeder Mareslaan 2
9620 Zottegem
Active since 21 March 2016
Brusselsesteenweg 49 box A
9050 Gent
Active since 1 July 2017
Oostjachtpark 14
9100 Sint-Niklaas
Active since 1 September 2017
Boomsesteenweg 938 box 2
2610 Antwerpen
Active since 7 March 2019
Nekkerspoelstraat 71
2800 Mechelen
Active since 14 January 2019
Villerslei 91
2900 Schoten
Active since 14 January 2019
Leopoldstraat 68
2800 Mechelen
Active since 14 January 2019
Francisco Ferrerlaan 447
9000 Gent
Active since 14 January 2019
Naamsesteenweg 241
3001 Leuven
Active since 14 January 2019
Leuvensestraat 44
3300 Tienen
Active since 14 January 2019
Stationsstraat 17
3150 Haacht
Active since 14 January 2019
Nowélei (Jean Baptiste) 16 box 1
1800 Vilvoorde
Active since 14 January 2019
Pothoekstraat 28
2060 Antwerpen
Active since 14 January 2019
Van Amstelstraat 2
2660 Antwerpen
Active since 14 January 2019
Alfons Pieterslaan 20
8400 Oostende
Active since 10 August 2020
Stationsstraat 34 box A
2440 Geel
Active since 7 April 2021
Doorniksestraat(Kor) 11
8500 Kortrijk
Active since 12 October 2023
Esplanadeplein 22
9300 Aalst
Active since 5 June 2023
Blancefloerlaan 1D
2050 Antwerpen
Active since 22 December 2023
Th. De Beckerstraat 29
3200 Aarschot
Active since 22 December 2023
Singel 10
2550 Kontich
Active since 16 December 2024
Schijnpoortweg 137
2170 Antwerpen
Active since 5 February 2025
Kapelsesteenweg 589 box D
2180 Antwerpen
Active since 1 December 2025
Boomsesteenweg 950
2610 Antwerpen
Active since 24 April 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0448.109.811
- VAT number
- BE 0448.109.811
- Registered office
- Oostjachtpark 13, 9100 Sint-Niklaas
- Names & denominations
- VAB Rijschool
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 1992
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Activiteiten van auto- en motorrijscholen
Autorijscholen
Onderhoud en reparatie van motorvoertuigen, neg
Onderhoud en reparatie van motorvoertuigen, n.e.g.