Financials
Financial year 2025
V.S.T. Paper and Board from Dilbeek, company number BE0461535601, closed financial year 2025 with a result of € -46,220 after tax. For that financial year V.S.T. Paper and Board recorded a gross margin of € 36,283 and equity of € 401,336. Compared with financial year 2024, the result moved from € 146,893 to € -46,220. 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 March 26, 2026.
€ 401,336
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,220
▼ still € 146,893 profit in 2024
Profit after tax over the fiscal year.
€ 102,809
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 382,744.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 26,649
▼ 82% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 70,045
▼ 16% vs 2024
€ 17,693 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 35,686
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,412
▼ 16% 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 | € 307,058 | € 235,792 | € 287,319 | € 36,283 | ▼ 87% |
| Profit after taxes | € 180,859 | € 130,980 | € 146,893 | € -46,220 | ▼ € 193,113 |
| Equity | € 245,910 | € 336,890 | € 482,951 | € 401,336 | ▼ 17% |
| Total debts | € 143,488 | € 142,258 | € 121,619 | € 134,084 | ▲ 10% |
| Cash | € 112,036 | € 116,534 | € 177,392 | € 102,809 | ▼ 42% |
| Land & buildings | € 22,946 | - | - | - | |
| Retained profit | € 227,318 | € 318,298 | € 464,359 | € 382,744 | ▼ 18% |
| Dividend | € 60,000 | € 40,000 | € 833 | € 35,394 | ▲ € 34,561 |
| Bank debt | € 0 | € 35,074 | € 83,645 | € 70,045 | ▼ 16% |
| Balance sheet total | € 389,398 | € 479,148 | € 604,570 | € 535,420 | ▼ 11% |
Key figures of V.S.T. Paper and Board, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to V.S.T. Paper and Board?
What happened at V.S.T. Paper and Board in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 46,220 (▼ € 193,113 vs 2024). Source: NBB ↗
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 180,859 profit in 2022 to € 46,220 loss in 2025.
Paid € 148,451 in corporate taxes since 2022.
Best year ever: 2022, with € 180,859 profit.
Paid out € 136,227 in dividends to the owners in total.
A new publication or filing at V.S.T. Paper and Board? 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.S.T. Paper and Board is Jan Caes.
Directors
According to the 2025 annual accounts
Jan Caes
Director
Establishments
Establishment units
Physical locations of this company
Eksterveld 4
1700 Dilbeek
Loddershoekstraat 1
1741 Ternat
Active since 5 November 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.535.601
- VAT number
- BE 0461.535.601
- Registered office
- Eksterveld 4, 1700 Dilbeek
- Names & denominations
- V.S.T. Paper and Board
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 1997
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
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