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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
VEPP from Saint-Nicolas, company number BE0474453625, closed financial year 2024 with a result of € 724,168 after tax. For that financial year VEPP recorded a gross margin of € 831,488 and equity of € 21,136. Compared with financial year 2023, the result moved from € 685,568 to € 724,168. 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 August 14, 2025.
€ 21,136
▲ 25% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 724,168
▲ 6% vs 2023
Profit after tax over the fiscal year.
€ 669,980
▲ 9% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 720,000 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
1.9
▲ 0.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 100,448
▲ 29% vs 2023
€ 52,900 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.
€ 6,813
▲ € 5,958 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 7,249
▼ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,566
▲ 62% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 891,107 | € 839,952 | € 764,542 | € 831,488 | ▲ 9% |
| Profit after taxes | € 804,525 | € 737,019 | € 685,568 | € 724,168 | ▲ 6% |
| Equity | € 14,381 | € 11,399 | € 16,968 | € 21,136 | ▲ 25% |
| Total debts | € 838,575 | € 761,190 | € 698,786 | € 742,815 | ▲ 6% |
| Cash | € 759,908 | € 627,757 | € 612,969 | € 669,980 | ▲ 9% |
| Retained profit | € 14,381 | € 11,399 | € 16,968 | € 21,136 | ▲ 25% |
| Dividend | € 793,000 | € 740,000 | € 680,000 | € 720,000 | ▲ 6% |
| Bank debt | € 16,010 | € 8,350 | € 0 | € 0 | |
| Balance sheet total | € 852,956 | € 772,590 | € 715,753 | € 763,951 | ▲ 7% |
| Employees (FTE) | 1.5 | 1.4 | 1.6 | 1.9 | ▲ 0.3 |
Key figures of VEPP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VEPP?
What happened at VEPP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 724,168 (▲ 6% vs 2023). filed late Source: NBB ↗
- MOHAMED FAIZ became a director. NBB
- PASCAL PETIT became a director. NBB
- ERIC PETROSSIANS became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Saint-Nicolas. KBO
In short
From € 804,525 profit in 2021 to € 724,168 profit in 2024.
Paid € 908 in corporate taxes since 2021.
Best year ever: 2021, with € 804,525 profit.
On average € 437,600 of value added per employee in 2024.
Management
Behind VEPP are MOHAMED FAIZ, PASCAL PETIT, PIERRE LITT and ERIC PETROSSIANS. PIERRE LITT is also behind Société Médicale Docteur Pierre LITT.
Directors
According to the 2024 annual accounts
MOHAMED FAIZ
Director
since 2024
PASCAL PETIT
Director
since 2013
ERIC PETROSSIANS
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Rue André Renard 26
4420 Saint-Nicolas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.453.625
- VAT number
- BE 0474.453.625
- Registered office
- Rue André Renard 26, 4420 Saint-Nicolas
- Names & denominations
- VEPP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2001
- Peppol
- Not registered
- Activities · NACE
Activiteiten van medisch specialisten
Medische praktijken