Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VACASUR from Knokke-Heist, company number BE0473572509, closed financial year 2025 with a result of € 38,731 after tax. For that financial year VACASUR recorded a gross margin of € 118,137 and equity of € 201,411. Compared with financial year 2024, the result moved from € 48,889 to € 38,731. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 12, 2026.
€ 201,411
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,731
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 3,213
▼ 89% 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 € 182,811.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 37,412
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 68,891
▼ 42% vs 2024
€ 27,321 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,680
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,758
▲ 17% 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 | € 114,834 | € 126,644 | € 131,692 | € 118,137 | ▼ 10% |
| Profit after taxes | € 61,812 | € 2,796 | € 48,889 | € 38,731 | ▼ 21% |
| Equity | € 159,794 | € 162,591 | € 162,680 | € 201,411 | ▲ 24% |
| Total debts | € 210,445 | € 164,676 | € 200,381 | € 95,902 | ▼ 52% |
| Cash | € 88,898 | € 1,744 | € 28,214 | € 3,213 | ▼ 89% |
| Land & buildings | € 99,106 | € 81,838 | € 64,570 | € 48,733 | ▼ 25% |
| Retained profit | € 141,194 | € 143,991 | € 144,080 | € 182,811 | ▲ 27% |
| Dividend | € 9,052 | € 0 | € 48,800 | € 0 | ▼ 100% |
| Bank debt | € 163,287 | € 147,737 | € 118,499 | € 68,891 | ▼ 42% |
| Balance sheet total | € 370,240 | € 327,267 | € 363,061 | € 297,313 | ▼ 18% |
Key figures of VACASUR, 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 January 2027.
What happened to VACASUR?
What happened at VACASUR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,731 (▼ 21% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Kathleen Van Caneghem became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,812 profit in 2022 to € 38,731 profit in 2025.
Paid € 125,059 in corporate taxes since 2022.
Best year ever: 2022, with € 61,812 profit.
Paid out € 57,852 in dividends to the owners in total.
A new publication or filing at VACASUR? 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 VACASUR is Kathleen Van Caneghem.
Directors
According to the 2025 annual accounts
Kathleen Van Caneghem
Manager
since 2011
Establishments
Establishment units
Physical locations of this company
Boudewijnlaan 27/12
8300 Knokke-Heist
Brusselsesteenweg 666 box 4
9050 Gent
Active since 21 February 2001
Orchideestraat 81
9041 Gent
Active since 1 January 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.572.509
- VAT number
- BE 0473.572.509
- Registered office
- Boudewijnlaan 27/12, 8300 Knokke-Heist
- Names & denominations
- VACASUR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2000
- Peppol
- Not registered