Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
V.P.G. from De Panne, company number BE0450277760, closed financial year 2025 with a result of € -9,173 after tax. For that financial year V.P.G. recorded a gross margin of € -8,769 and equity of € -167,523. Compared with financial year 2024, the result moved from € 1,218 to € -9,173. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2026.
€ -167,523
▼ € 9,173 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,173
▼ still € 1,218 profit in 2024
Profit after tax over the fiscal year.
€ 2,885
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -229,523.
People and assets in 2025
€ 12,241
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,627
▲ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,998
▼ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -13,056 | € -5,819 | € 1,305 | € -8,769 | ▼ € 10,074 |
| Profit after taxes | € -11,346 | € -5,924 | € 1,218 | € -9,173 | ▼ € 10,391 |
| Equity | € -153,644 | € -159,567 | € -158,350 | € -167,523 | ▼ € 9,173 |
| Total debts | € 229,879 | € 237,638 | € 240,858 | € 245,544 | ▲ 2% |
| Cash | € 590 | € 2,409 | € 5,752 | € 2,885 | ▼ 50% |
| Retained profit | € -215,644 | € -221,567 | € -220,350 | € -229,523 | ▼ € 9,173 |
| Balance sheet total | € 76,235 | € 78,071 | € 82,509 | € 78,022 | ▼ 5% |
Key figures of V.P.G., 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 V.P.G.?
What happened at V.P.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,173 (▼ € 10,391 vs 2024). Source: NBB ↗
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,346 loss in 2022 to € 9,173 loss in 2025.
Best year ever: 2024, with € 1,218 profit.
A new publication or filing at V.P.G.? We notify you, reason included.
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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
Behind V.P.G. are Catherine Delefortrie, Noureddine Lafhaj and Mohamed Ali Lafhaj.
Directors
According to the 2025 annual accounts
Catherine Delefortrie
Director
Noureddine Lafhaj
Director
Mohamed Ali Lafhaj
Director
Establishments
Establishment units
Physical locations of this company
Nieuwpoortlaan 26
8660 De Panne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.277.760
- VAT number
- BE 0450.277.760
- Registered office
- Nieuwpoortlaan 26, 8660 De Panne
- Names & denominations
- V.P.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 1993
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Cafés en bars
Discotheken, dancings en dergelijke
Cafés