What does VR MAASMECHELEN TOURIST OUTLETS do?

VR MAASMECHELEN TOURIST OUTLETS is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 24 March 1999, 1 establishment.

What is the address of VR MAASMECHELEN TOURIST OUTLETS?

The registered office of VR MAASMECHELEN TOURIST OUTLETS is located at Zetellaan(E) 100, 3630 Maasmechelen.

Is VR MAASMECHELEN TOURIST OUTLETS still active?

Yes. According to the CBE (29 October 2026) VR MAASMECHELEN TOURIST OUTLETS is active, legal situation “Normale toestand”, started on 24 March 1999.

Is VR MAASMECHELEN TOURIST OUTLETS registered on Peppol?

Yes, VR MAASMECHELEN TOURIST OUTLETS is registered on the Peppol network with ID 0208:0465707490.

What is the enterprise number of VR MAASMECHELEN TOURIST OUTLETS?

The enterprise number of VR MAASMECHELEN TOURIST OUTLETS is BE0465707490.

When was VR MAASMECHELEN TOURIST OUTLETS founded?

VR MAASMECHELEN TOURIST OUTLETS was founded on 24 March 1999.

Who are the directors of VR MAASMECHELEN TOURIST OUTLETS?

According to the 2025 annual accounts, the directors of VR MAASMECHELEN TOURIST OUTLETS are: Maasmechelen Services BV.

Is VR MAASMECHELEN TOURIST OUTLETS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 March 1999; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VR MAASMECHELEN TOURIST OUTLETS make in 2025?

VR MAASMECHELEN TOURIST OUTLETS recorded a loss after taxes of € 15,983,663 in financial year 2025.

What is the revenue of VR MAASMECHELEN TOURIST OUTLETS?

In its most recent annual accounts (2025), VR MAASMECHELEN TOURIST OUTLETS reported revenue of € 28,298,022.

How much does an employee at VR MAASMECHELEN TOURIST OUTLETS earn?

The average wage cost per full-time employee at VR MAASMECHELEN TOURIST OUTLETS was € 113,000 in 2025: staff costs of € 2.6 million for 23.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VR MAASMECHELEN TOURIST OUTLETS have?

According to the 2025 annual accounts, VR MAASMECHELEN TOURIST OUTLETS has 23.2 full-time equivalents (FTE).

VR MAASMECHELEN TOURIST OUTLETS (Private Limited)

Dossier VR MAASMECHELEN TOURIST OUTLETS, printed on 29 October 2026 from databakkes.be/en/0465707490/vr-maasmechelen-tourist-outlets. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VR MAASMECHELEN TOURIST OUTLETS from Maasmechelen, company number BE0465707490, closed financial year 2025 with a result of € -16 million after tax. For that financial year VR MAASMECHELEN TOURIST OUTLETS recorded revenue of € 28.3 million and equity of € -185.4 million. Compared with financial year 2024, the result moved from € -18.5 million to € -16 million. 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 August 4, 2026.

What it is worth Caution

€ -185.4 million

▼ € 16 million vs 2024

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

Loss Caution

€ -16 million

▲ 14 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.6 million

▼ 32% 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 € -379.2 million.

People and assets in 2025

Full-time equivalents

23.2

▲ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 31.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.6 million

▲ 4% vs 2024

€ 113,000 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.

Vehicles and equipment

€ 34,647

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 207.9 million

▲ 9% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 11.8 million

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 139 days on average.

Taxes and wages

€ 297,189

▲ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 24,422,853 Revenue 2022: € 24,422,853 First fiscal year in the series	€ 26,768,138 Revenue 2023: € 26,768,138 ▲ 10% vs 2022 (€ 24,422,853) Favourable step	€ 27,690,757 Revenue 2024: € 27,690,757 ▲ 3% vs 2023 (€ 26,768,138) Favourable step	€ 28,298,022 Revenue 2025: € 28,298,022 ▲ 2% vs 2024 (€ 27,690,757) Favourable step	▲ 2%
Profit after taxes	€ -14,554,696 Profit after taxes 2022: € -14,554,696 First fiscal year in the series	€ -17,040,306 Profit after taxes 2023: € -17,040,306 ▼ € 2.5 million vs 2022 (€ -14,554,696) Unfavourable step	€ -18,522,271 Profit after taxes 2024: € -18,522,271 ▼ € 1.5 million vs 2023 (€ -17,040,306) Unfavourable step	€ -15,983,663 Profit after taxes 2025: € -15,983,663 ▲ € 2.5 million vs 2024 (€ -18,522,271) Favourable step	▲ € 2.5 million
Equity	€ -133,860,115 Equity 2022: € -133,860,115 First fiscal year in the series	€ -150,900,421 Equity 2023: € -150,900,421 ▼ € 17 million vs 2022 (€ -133,860,115) Unfavourable step	€ -169,422,692 Equity 2024: € -169,422,692 ▼ € 18.5 million vs 2023 (€ -150,900,421) Unfavourable step	€ -185,406,354 Equity 2025: € -185,406,354 ▼ € 16 million vs 2024 (€ -169,422,692) Unfavourable step	▼ € 16 million
Total debts	€ 168,353,961 Total debts 2022: € 168,353,961 First fiscal year in the series	€ 187,151,577 Total debts 2023: € 187,151,577 ▲ 11% vs 2022 (€ 168,353,961) Unfavourable step	€ 204,753,574 Total debts 2024: € 204,753,574 ▲ 9% vs 2023 (€ 187,151,577) Unfavourable step	€ 221,687,227 Total debts 2025: € 221,687,227 ▲ 8% vs 2024 (€ 204,753,574) Unfavourable step	▲ 8%
Cash	€ 3,567,412 Cash 2022: € 3,567,412 First fiscal year in the series	€ 5,380,562 Cash 2023: € 5,380,562 ▲ 51% vs 2022 (€ 3,567,412) Favourable step	€ 5,250,362 Cash 2024: € 5,250,362 ▼ 2% vs 2023 (€ 5,380,562) Unfavourable step	€ 3,593,964 Cash 2025: € 3,593,964 ▼ 32% vs 2024 (€ 5,250,362) Unfavourable step	▼ 32%
Land & buildings	€ 21,291,603 Land & buildings 2022: € 21,291,603 First fiscal year in the series	€ 20,021,314 Land & buildings 2023: € 20,021,314 ▼ 6% vs 2022 (€ 21,291,603) Unchanged	€ 19,299,260 Land & buildings 2024: € 19,299,260 ▼ 4% vs 2023 (€ 20,021,314) Unchanged	€ 18,536,109 Land & buildings 2025: € 18,536,109 ▼ 4% vs 2024 (€ 19,299,260) Unchanged	▼ 4%
Retained profit	€ -327,615,441 Retained profit 2022: € -327,615,441 First fiscal year in the series	€ -344,655,747 Retained profit 2023: € -344,655,747 ▼ € 17 million vs 2022 (€ -327,615,441) Unfavourable step	€ -363,178,018 Retained profit 2024: € -363,178,018 ▼ € 18.5 million vs 2023 (€ -344,655,747) Unfavourable step	€ -379,161,680 Retained profit 2025: € -379,161,680 ▼ € 16 million vs 2024 (€ -363,178,018) Unfavourable step	▼ € 16 million
Bank debt	€ 156,183,957 Bank debt 2022: € 156,183,957 First fiscal year in the series	€ 171,228,811 Bank debt 2023: € 171,228,811 ▲ 10% vs 2022 (€ 156,183,957) Unfavourable step	€ 190,111,836 Bank debt 2024: € 190,111,836 ▲ 11% vs 2023 (€ 171,228,811) Unfavourable step	€ 207,887,061 Bank debt 2025: € 207,887,061 ▲ 9% vs 2024 (€ 190,111,836) Unfavourable step	▲ 9%
Balance sheet total	€ 34,493,846 Balance sheet total 2022: € 34,493,846 First fiscal year in the series	€ 36,251,156 Balance sheet total 2023: € 36,251,156 ▲ 5% vs 2022 (€ 34,493,846) Unchanged	€ 35,330,882 Balance sheet total 2024: € 35,330,882 ▼ 3% vs 2023 (€ 36,251,156) Unchanged	€ 36,280,872 Balance sheet total 2025: € 36,280,872 ▲ 3% vs 2024 (€ 35,330,882) Unchanged	▲ 3%
Employees (FTE)	27 Employees (FTE) 2022: 27 First fiscal year in the series	23.9 Employees (FTE) 2023: 23.9 ▼ 3.1 vs 2022 (27) Unchanged	22.4 Employees (FTE) 2024: 22.4 ▼ 1.5 vs 2023 (23.9) Unchanged	23.2 Employees (FTE) 2025: 23.2 ▲ 0.8 vs 2024 (22.4) Unchanged	▲ 0.8

Key figures of VR MAASMECHELEN TOURIST OUTLETS, 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 VR MAASMECHELEN TOURIST OUTLETS?

What happened at VR MAASMECHELEN TOURIST OUTLETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 4, 2026 New annual accounts for financial year 2025: loss of € 16 million. filed late Source: NBB ↗
Feb 7, 2002 New establishment in Maasmechelen. KBO
2000 Maasmechelen Services BV became a director. NBB
Mar 24, 1999 Start of the company according to the CBE. KBO

In short

From € 14.6 million loss in 2022 to € 16 million loss in 2025.

Paid € 27,347 in corporate taxes since 2022.

Pays suppliers within 139 days on average.

Original PDFs at the National Bank ↗

Management

VR European Holdings BV 99.4%

MAASMECHELEN SERVICES 0%

The stake of MAASMECHELEN SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VR MAASMECHELEN TOURIST OUTLETS

Behind VR MAASMECHELEN TOURIST OUTLETS is Maasmechelen Services BV. The shares are held by VR European Holdings BV (99.4%) and MAASMECHELEN SERVICES (0%).

Directors

According to the 2025 annual accounts

Maasmechelen Services BV

Director · represented by Duncan Forrester Agar

since 2000

Shareholders

VR European Holdings BV

99.4%

MAASMECHELEN SERVICES

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zetellaan(E) 100

3630 Maasmechelen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

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

Details

Company number

0465.707.490

VAT number

BE 0465.707.490

Registered office

Zetellaan(E) 100, 3630 Maasmechelen

Names & denominations

VR MAASMECHELEN TOURIST OUTLETS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 March 1999

Peppol

Active · Active since 29 Sept 2025

Activities · NACE

Overige zakelijke dienstverlening, neg

Bedrijvencentra

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

VR MAASMECHELEN TOURIST OUTLETS

Warning lights

Financials

What happened to VR MAASMECHELEN TOURIST OUTLETS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions