Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
VADEP from Gent, company number BE0478377769, closed financial year 2024 with a result of € -46,512 after tax. For that financial year VADEP recorded a gross margin of € 1,958 and equity of € 99,325. Compared with financial year 2023, the result moved from € 22,416 to € -46,512. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.
€ 99,325
▼ 32% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,512
▼ still € 22,416 profit in 2023
Profit after tax over the fiscal year.
€ 2,504
▼ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -25,465.
Debts at end 2024
€ 364,831
▲ 4% vs 2023
€ 39,272 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 412,598
Supplier invoices still open on the last day of the fiscal year.
€ 7,430
▼ 38% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2020 | 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,579 | € 72,435 | € 38,319 | € 1,958 | ▼ 95% |
| Profit after taxes | € -18,172 | € 51,854 | € 22,416 | € -46,512 | ▼ € 68,928 |
| Equity | € 49,024 | € 100,878 | € 145,837 | € 99,325 | ▼ 32% |
| Total debts | € 1,233,534 | € 1,228,109 | € 1,212,328 | € 1,222,606 | ▲ 1% |
| Cash | € 2,317 | € 3,113 | € 7,980 | € 2,504 | ▼ 69% |
| Land & buildings | € 897,657 | € 896,657 | € 890,140 | € 886,882 | |
| Retained profit | € -75,766 | € -23,912 | € 21,047 | € -25,465 | ▼ € 46,512 |
| Bank debt | € 319,883 | € 294,138 | € 349,858 | € 364,831 | ▲ 4% |
| Balance sheet total | € 1,282,558 | € 1,328,987 | € 1,358,164 | € 1,321,930 | ▼ 3% |
Key figures of VADEP, fiscal years 2020 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 VADEP?
What happened at VADEP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 46,512 (▼ € 68,928 vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,172 loss in 2020 to € 46,512 loss in 2024.
Paid € 7,690 in corporate taxes since 2020.
Best year ever: 2021, with € 51,854 profit.
Management
Behind VADEP is Bart Van der Plaetsen.
Directors
According to the 2024 annual accounts
Bart Van der Plaetsen
Director
Establishments
Establishment units
Physical locations of this company
Elza Darcielstraat 23
9032 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.377.769
- VAT number
- BE 0478.377.769
- Registered office
- Elza Darcielstraat 23, 9032 Gent
- Names & denominations
- VADEP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2002
- Peppol
- Active · Active since 3 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur van niet-residentiële gebouwen