Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VAB Wegenwacht from Beveren-Kruibeke-Zwijndrecht, company number BE0459070118, closed financial year 2025 with a result of € 186,384 after tax. For that financial year VAB Wegenwacht recorded revenue of € 17.9 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -57,095 to € 186,384. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 1.9 million
▲ € 1.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 186,384
▲ still € 57,095 loss in 2024
Profit after tax over the fiscal year.
€ 5 million
▲ € 5 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -6,738.
People and assets in 2025
205.4
Average over the fiscal year, from the social balance sheet.
€ 16.1 million
€ 78,300 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.
€ 2.4 million
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.9 million
▲ € 5.8 million vs 2024
Loans from banks and other lenders, long and short.
€ 1.9 million
▲ € 1.9 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 599 days on average.
€ 5.7 million
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,867,233 | € -1,078 | € -2,654 | € 17,864,355 | ▲ € 17.9 million |
| Profit after taxes | € -380,495 | € 241,046 | € -57,095 | € 186,384 | ▲ € 243,478 |
| Equity | € 131,661 | € 372,707 | € 315,612 | € 1,904,146 | ▲ € 1.6 million |
| Total debts | € 3,461,608 | € 1,114,559 | € 1,105,033 | € 14,545,359 | ▲ € 13.4 million |
| Cash | € 230,307 | € 110,050 | € 39,933 | € 5,025,074 | ▲ € 5 million |
| Retained profit | € -279,223 | € -38,177 | € -95,272 | € -6,738 | ▲ € 88,534 |
| Bank debt | € 1,100,000 | € 1,100,000 | € 1,100,000 | € 6,900,000 | ▲ € 5.8 million |
| Balance sheet total | € 3,593,269 | € 1,487,267 | € 1,420,645 | € 16,449,505 | ▲ € 15 million |
| Employees (FTE) | 18.3 | - | - | 205.4 |
Key figures of VAB Wegenwacht, 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 Wegenwacht?
What happened at VAB Wegenwacht in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 186,384. Source: NBB ↗
- Nele VANDAELE stepped down as director. NBB
- Michael GABRIELS stepped down as director. NBB
- Geert MARKEY stepped down as director. NBB
- Michael GABRIELS became a director. NBB
- Marc TIJSSENS stepped down as director. NBB
- New establishment in Sint-Niklaas. KBO
- Nele VANDAELE became a director. NBB
In short
From € 380,495 loss in 2022 to € 186,384 profit in 2025.
Paid € 6,258 in corporate taxes since 2022.
Best year ever: 2023, with € 241,046 profit.
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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 NV (100%). It owns 100% of Lubaco itself.
Directors
According to the 2025 annual accounts
Nele VANDAELE
Chairman of the board
Also active at: Agentuur voor Brandherverzekering, DEPANNAGE 2000, LUBACO, VAB Training & Consult, VAB, VAB Rijschool, Groep VAB, VAB +1 more
since 2019 · until 2026
since 2025 · until 2026
Geert MARKEY
Managing director
Also active at: DEPANNAGE 2000, LUBACO, VAB Training & Consult, VAB, VAB Rijschool, TRAJECT, Groep VAB, OPTIMOBIL BELGIUM +3 more
since 2018 · until 2026
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Pastoor Coplaan 100
2070 Beveren-Kruibeke-Zwijndrecht
Oostjachtpark 13
9100 Sint-Niklaas
Active since 1 July 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →VAB Training & Consult same network
€ 4.3 million revenue · 2025
VAB same network
€ 237.2 million revenue · 2025
Groep VAB same network
€ 324,637 revenue · 2025
VAB same network
€ 258,856 gross margin · 2025
VAB Automotive Solutions same network
€ 16.9 million revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.070.118
- VAT number
- BE 0459.070.118
- Registered office
- Pastoor Coplaan 100, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- VAB Wegenwacht
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1996
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Diensten in verband met vervoer te land
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Kleinhandel in onderdelen en accessoires van auto's