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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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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
Vuye Flexible Packaging from Oudenaarde, company number BE0478222074, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year Vuye Flexible Packaging recorded revenue of € 14.7 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 1.5 million to € 2.1 million. Profitable, and profit is growing. 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 August 26, 2026.
€ 4.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 154,723
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
96 % of the profit went to the shareholders, mostly to Accent (100 % of the shares). That is where the money ends up.
People and assets in 2025
54.7
▲ 7.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▲ 6% vs 2024
€ 64,400 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.
€ 1.4 million
▲ € 1 million vs 2024
Of which on lease € 1.3 million.
Debts at end 2025
€ 1.2 million
▲ € 936,069 vs 2024
€ 284,270 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 505,104
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 574,137
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 14,023,029 | € 14,720,971 | ▲ 5% |
| Gross margin | € 3,831,207 | € 4,658,441 | - | - | |
| Profit after taxes | € 583,950 | € 1,160,268 | € 1,514,755 | € 2,073,310 | ▲ 37% |
| Equity | € 2,819,939 | € 3,980,207 | € 4,494,962 | € 4,568,272 | ▲ 2% |
| Total debts | € 2,997,370 | € 2,024,116 | € 3,440,714 | € 4,519,365 | ▲ 31% |
| Cash | € 29,776 | € 25,460 | € 304,961 | € 154,723 | ▼ 49% |
| Retained profit | € 2,799,939 | € 3,960,207 | € 4,474,962 | € 4,548,272 | ▲ 2% |
| Dividend | € 0 | € 0 | € 1,000,000 | € 2,000,000 | ▲ 100% |
| Bank debt | € 1,384,217 | € 335,078 | € 244,445 | € 1,180,513 | ▲ € 936,069 |
| Balance sheet total | € 5,817,308 | € 6,004,323 | € 7,935,675 | € 9,087,637 | ▲ 15% |
| Employees (FTE) | 40.5 | 42.1 | 47.5 | 54.7 | ▲ 7.2 |
Key figures of Vuye Flexible Packaging, 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 Vuye Flexible Packaging?
What happened at Vuye Flexible Packaging in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 583,950 profit in 2022 to € 2.1 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.1 million profit.
On average € 110,700 of value added per employee in 2023.
Management
The stake of Accent comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vuye Flexible PackagingBehind Vuye Flexible Packaging are DECLERCK CONSULTING BV and Lieven Vuye. The shares are held by Accent (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ives Declerck
Also active at: Accent, DEJONGHE LABELS AND PACKAGING, Label printing Europe, ORBO, EXIT 7, P.Con, Packaging PrintCo, DIGILINCK +1 more
Lieven Vuye
Managing director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bedrijvenpark 'Coupure' 3
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.222.074
- VAT number
- BE 0478.222.074
- Registered office
- Bedrijvenpark 'Coupure' 3, 9700 Oudenaarde
- Names & denominations
- Vuye Flexible Packaging · VFP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2002
- Peppol
- Active · Active since 7 May 2025
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