Financials
Financial year 2025
V.E.T.O. & PARTNERS from Oosterzele, company number BE0478223460, closed financial year 2025 with a result of € 74,007 after tax. For that financial year V.E.T.O. & PARTNERS recorded a gross margin of € 1.7 million and equity of € 986,029. Compared with financial year 2024, the result moved from € 185,893 to € 74,007. 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 April 14, 2026.
€ 986,029
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,007
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 422,686
▲ 49% 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 € 924,029.
People and assets in 2025
17.4
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 32% vs 2024
€ 80,700 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.
€ 149,612
▼ 32% vs 2024
Of which on lease € 31,997.
Debts at end 2025
€ 114,149
▼ 40% vs 2024
€ 54,624 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 378,970
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 247,662
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,224,942 | € 1,055,917 | € 1,526,473 | € 1,708,123 | ▲ 12% |
| Profit after taxes | € 28,781 | € 2,129 | € 185,893 | € 74,007 | ▼ 60% |
| Equity | € 724,000 | € 726,129 | € 912,022 | € 986,029 | ▲ 8% |
| Total debts | € 788,772 | € 856,846 | € 716,233 | € 748,782 | ▲ 5% |
| Cash | € 163,459 | € 223,954 | € 283,782 | € 422,686 | ▲ 49% |
| Retained profit | € 662,000 | € 664,129 | € 850,022 | € 924,029 | ▲ 9% |
| Bank debt | € 248,340 | € 268,092 | € 191,544 | € 114,149 | ▼ 40% |
| Balance sheet total | € 1,512,772 | € 1,582,974 | € 1,628,255 | € 1,734,811 | ▲ 7% |
| Employees (FTE) | 14 | 10.8 | 14.2 | 17.4 | ▲ 3.2 |
Key figures of V.E.T.O. & PARTNERS, 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 V.E.T.O. & PARTNERS?
What happened at V.E.T.O. & PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martine De Meyer stepped down as director. NBB
- Piet De Groote stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 74,007 (▼ 60% vs 2024). Source: NBB ↗
- Martine De Meyer became a director. NBB
- Piet De Groote became a director. NBB
- New establishment in Oosterzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,781 profit in 2022 to € 74,007 profit in 2025.
Paid € 245,204 in corporate taxes since 2022.
Best year ever: 2024, with € 185,893 profit.
On average € 98,200 of value added per employee in 2025.
Management
Establishments
Establishment units
Physical locations of this company
Houtemstraat 25
9860 Oosterzele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.223.460
- VAT number
- BE 0478.223.460
- Registered office
- Houtemstraat 25, 9860 Oosterzele
- Names & denominations
- V.E.T.O. & PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2002
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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