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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VSE SERVICE from Oostkamp, company number BE0476578420, closed financial year 2025 with a result of € -15,817 after tax. For that financial year VSE SERVICE recorded a gross margin of € 10,153 and equity of € 42,730. Compared with financial year 2024, the result moved from € -24,216 to € -15,817. 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 July 29, 2026.
€ 42,730
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,817
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 14,978
▲ € 12,024 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 24,130.
People and assets in 2025
€ 244
▼ € 65,343 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,038
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,973
▲ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,590 | € 26,653 | € 2,374 | € 10,153 | ▲ € 7,778 |
| Profit after taxes | € 21,205 | € 10,743 | € -24,216 | € -15,817 | ▲ € 8,400 |
| Equity | € 72,019 | € 82,763 | € 58,546 | € 42,730 | ▼ 27% |
| Total debts | € 20,195 | € 66,268 | € 78,529 | € 67,213 | ▼ 14% |
| Cash | € 18,864 | € 15,599 | € 2,954 | € 14,978 | ▲ € 12,024 |
| Retained profit | € 53,419 | € 64,163 | € 39,946 | € 24,130 | ▼ 40% |
| Bank debt | € 11,144 | € 7,146 | € 17,571 | € 0 | ▼ 100% |
| Balance sheet total | € 92,214 | € 149,031 | € 137,076 | € 109,943 | ▼ 20% |
Key figures of VSE SERVICE, 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 VSE SERVICE?
What happened at VSE SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,817. Source: NBB ↗
- ELS VANDERISPAILLIE became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
- Stefaan Vanhauwaert became a director. NBB
In short
From € 21,205 profit in 2022 to € 15,817 loss in 2025.
Paid € 2,120 in corporate taxes since 2022.
Best year ever: 2022, with € 21,205 profit.
Management
Behind VSE SERVICE are Stefaan Vanhauwaert and ELS VANDERISPAILLIE.
Directors
According to the 2025 annual accounts
Stefaan Vanhauwaert
Director
since 2002
ELS VANDERISPAILLIE
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Kortekeerstraat 25
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0476.578.420
- VAT number
- BE 0476.578.420
- Registered office
- Kortekeerstraat 25, 8020 Oostkamp
- Names & denominations
- VSE SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2002
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemene elektrotechnische installatiewerken
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Reparatie en onderhoud van producten van metaal
Detailhandel in motorvoertuigen
Vervaardiging van carrosserieën en aanhangwagens
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