VEPA is a shoe shop in Hulshout. Private Limited, started on 15 February 1993, 1 establishment.

What is the address of VEPA?

The registered office of VEPA is located at A. Van Looplein 33, 2235 Hulshout.

Is VEPA still active?

Yes. According to the CBE (30 October 2026) VEPA is active, legal situation “Normale toestand”, started on 15 February 1993.

Is VEPA registered on Peppol?

Yes, VEPA is registered on the Peppol network with ID 0208:0449441085.

What is the enterprise number of VEPA?

The enterprise number of VEPA is BE0449441085.

When was VEPA founded?

VEPA was founded on 15 February 1993.

Who are the directors of VEPA?

According to the 2025 annual accounts, the directors of VEPA are: David Pauli, Frans Vereyken.

Is VEPA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 February 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did VEPA make in 2025?

VEPA recorded a loss after taxes of € 141,156 in financial year 2025.

What is the revenue of VEPA?

As a small company, VEPA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 13,645.

How much does an employee at VEPA earn?

The average wage cost per full-time employee at VEPA was € 40,100 in 2023: staff costs of € 60,146 for 1.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

VEPA (Private Limited) - Hulshout - BE0449441085

Dossier VEPA, printed on 30 October 2026 from databakkes.be/en/0449441085/vepa. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VEPA from Hulshout, company number BE0449441085, closed financial year 2025 with a result of € -141,156 after tax. For that financial year VEPA recorded a gross margin of € 13,645 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -77,960 to € -141,156. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Healthy

€ 1.6 million

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -141,156

▼ 81 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,198

▼ € 730,289 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.6 million.

People and assets in 2025

Vehicles and equipment

€ 529,535

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 9,647

▲ 271% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 28,842

▼ 73% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 498,393 Gross margin 2022: € 498,393 First fiscal year in the series	€ 1,241,257 Gross margin 2023: € 1,241,257 ▲ 149% vs 2022 (€ 498,393) Favourable step	€ 327 Gross margin 2024: € 327 ▼ € 1.2 million vs 2023 (€ 1,241,257) Unfavourable step	€ 13,645 Gross margin 2025: € 13,645 ▲ € 13,318 vs 2024 (€ 327) Favourable step	▲ € 13,318
Profit after taxes	€ 222,900 Profit after taxes 2022: € 222,900 First fiscal year in the series	€ 812,114 Profit after taxes 2023: € 812,114 ▲ 264% vs 2022 (€ 222,900) Favourable step	€ -77,960 Profit after taxes 2024: € -77,960 ▼ € 890,074 vs 2023 (€ 812,114) Unfavourable step	€ -141,156 Profit after taxes 2025: € -141,156 ▼ € 63,196 vs 2024 (€ -77,960) Unfavourable step	▼ € 63,196
Equity	€ 1,166,396 Equity 2022: € 1,166,396 First fiscal year in the series	€ 1,848,510 Equity 2023: € 1,848,510 ▲ 58% vs 2022 (€ 1,166,396) Favourable step	€ 1,770,550 Equity 2024: € 1,770,550 ▼ 4% vs 2023 (€ 1,848,510) Unfavourable step	€ 1,629,394 Equity 2025: € 1,629,394 ▼ 8% vs 2024 (€ 1,770,550) Unfavourable step	▼ 8%
Total debts	€ 212,271 Total debts 2022: € 212,271 First fiscal year in the series	€ 182,585 Total debts 2023: € 182,585 ▼ 14% vs 2022 (€ 212,271) Favourable step	€ 120,604 Total debts 2024: € 120,604 ▼ 34% vs 2023 (€ 182,585) Favourable step	€ 448,182 Total debts 2025: € 448,182 ▲ 272% vs 2024 (€ 120,604) Unfavourable step	▲ 272%
Cash	€ 550,764 Cash 2022: € 550,764 First fiscal year in the series	€ 739,220 Cash 2023: € 739,220 ▲ 34% vs 2022 (€ 550,764) Favourable step	€ 733,488 Cash 2024: € 733,488 ▼ 1% vs 2023 (€ 739,220) Unfavourable step	€ 3,198 Cash 2025: € 3,198 ▼ € 730,289 vs 2024 (€ 733,488) Unfavourable step	▼ € 730,289
Land & buildings	€ 362,250 Land & buildings 2022: € 362,250 First fiscal year in the series	€ 340,492 Land & buildings 2023: € 340,492 ▼ 6% vs 2022 (€ 362,250) Unchanged	€ 318,735 Land & buildings 2024: € 318,735 ▼ 6% vs 2023 (€ 340,492) Unchanged	€ 1,629,459 Land & buildings 2025: € 1,629,459 ▲ € 1.3 million vs 2024 (€ 318,735) Unchanged	▲ € 1.3 million
Retained profit	€ 1,147,796 Retained profit 2022: € 1,147,796 First fiscal year in the series	€ 1,829,910 Retained profit 2023: € 1,829,910 ▲ 59% vs 2022 (€ 1,147,796) Favourable step	€ 1,751,950 Retained profit 2024: € 1,751,950 ▼ 4% vs 2023 (€ 1,829,910) Unfavourable step	€ 1,610,794 Retained profit 2025: € 1,610,794 ▼ 8% vs 2024 (€ 1,751,950) Unfavourable step	▼ 8%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 130,000 Dividend 2023: € 130,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 130,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 19,635 Bank debt 2022: € 19,635 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 19,635) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,378,667 Balance sheet total 2022: € 1,378,667 First fiscal year in the series	€ 2,247,737 Balance sheet total 2023: € 2,247,737 ▲ 63% vs 2022 (€ 1,378,667) Unchanged	€ 2,107,795 Balance sheet total 2024: € 2,107,795 ▼ 6% vs 2023 (€ 2,247,737) Unchanged	€ 2,291,518 Balance sheet total 2025: € 2,291,518 ▲ 9% vs 2024 (€ 2,107,795) Unchanged	▲ 9%
Employees (FTE)	3.2 Employees (FTE) 2022: 3.2 First fiscal year in the series	1.5 Employees (FTE) 2023: 1.5 ▼ 1.7 vs 2022 (3.2) Unchanged	-	-

Key figures of VEPA, 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 VEPA?

What happened at VEPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 31, 2026 New annual accounts for financial year 2025: loss of € 141,156. Source: NBB ↗
2023 David Pauli became a director. NBB
2023 Frans Vereyken became a director. NBB
Jun 1, 2014 New establishment in Hulshout. KBO
Feb 15, 1993 Start of the company according to the CBE. KBO

In short

From € 222,900 profit in 2022 to € 141,156 loss in 2025.

Paid € 157,132 in corporate taxes since 2022.

Best year ever: 2023, with € 812,114 profit.

On average € 827,500 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

David Pauli Frans Vereyken

DE KROON

VEPA

Behind VEPA are David Pauli and Frans Vereyken. The same people are also behind DE KROON.

Directors

According to the 2025 annual accounts

David Pauli

Director

Also active at: DE KROON

since 2023

Frans Vereyken

Manager

Also active at: DE KROON

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

A. Van Looplein 33

2235 Hulshout

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0449.441.085

VAT number

BE 0449.441.085

Registered office

A. Van Looplein 33, 2235 Hulshout

Names & denominations

VEPA

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 February 1993

Peppol

Active · Active since 18 Dec 2025

Contact

[email protected]

Activities · NACE

Detailhandel in lederwaren en reisartikelen

Groothandel in lederwaren en reisartikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

VEPA

Warning lights

Financials

What happened to VEPA?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions