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.
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Shrinking team NBB
FTE fell two years in a row, from 14.1 to 0.6.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VERTIGE ENTRE CIEL ET TERRE from Spa, company number BE0478575630, closed financial year 2025 with a result of € -106,140 after tax. For that financial year VERTIGE ENTRE CIEL ET TERRE recorded a gross margin of € 74,179 and equity of € 472,703. Compared with financial year 2024, the result moved from € -73,408 to € -106,140. 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 September 30, 2026.
€ 472,703
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -106,140
▼ 45 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,923
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 448,703.
People and assets in 2025
0.6
▼ 5.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 40,296
▼ 85% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 217
▼ € 201,658 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 487,471
▼ 18% vs 2024
€ 106,109 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 41,734
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,639
▼ 57% 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 | € 964,115 | € 984,596 | € 226,724 | € 74,179 | ▼ 67% |
| Profit after taxes | € 68,977 | € -11,038 | € -73,408 | € -106,140 | ▼ € 32,732 |
| Equity | € 663,288 | € 652,251 | € 578,843 | € 472,703 | ▼ 18% |
| Total debts | € 1,689,245 | € 1,387,483 | € 916,356 | € 738,494 | ▼ 19% |
| Cash | € 12,308 | € 7,181 | € 18,734 | € 7,923 | ▼ 58% |
| Land & buildings | € 533,350 | € 506,841 | € 289,942 | € 201,203 | ▼ 31% |
| Retained profit | € 639,288 | € 628,251 | € 554,843 | € 448,703 | ▼ 19% |
| Dividend | € 10,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 764,824 | € 769,252 | € 595,823 | € 487,471 | ▼ 18% |
| Balance sheet total | € 2,477,647 | € 2,154,069 | € 1,570,082 | € 1,250,172 | ▼ 20% |
| Employees (FTE) | 13.6 | 14.1 | 6.1 | 0.6 | ▼ 5.5 |
Key figures of VERTIGE ENTRE CIEL ET TERRE, 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 VERTIGE ENTRE CIEL ET TERRE?
What happened at VERTIGE ENTRE CIEL ET TERRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 106,140. filed late Source: NBB ↗
- HAPPY HOUSE CONSTRUCT SRL became a director. NBB
- Alain Krickel became a director. NBB
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,977 profit in 2022 to € 106,140 loss in 2025.
Paid € 73,309 in corporate taxes since 2022.
Best year ever: 2022, with € 68,977 profit.
On average € 37,200 of value added per employee in 2024.
Management
Behind VERTIGE ENTRE CIEL ET TERRE are HAPPY HOUSE CONSTRUCT SRL and Alain Krickel. The same people are also behind VAL DE THEUX. HAPPY HOUSE CONSTRUCT SRL is also behind BRASSERIE LA BOBELINE, BT GERONSTERE and KRIVOS. Alain Krickel is also behind AQUA CONSTRUCT +.
Directors
According to the 2025 annual accounts
Director · represented by Barbara KRICKEL
Also active at: VAL DE THEUX, BRASSERIE LA BOBELINE, BT GERONSTERE, KRIVOS
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Rogier 14
4900 Spa
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →VAL DE THEUX same network
€ 580,371 gross margin · 2025
LA BELLE EPOQUE SPA
€ -6,732 gross margin · 2025
Le Franc'off
€ 735,177 gross margin · 2024
BRASSERIE LA BOBELINE same network
€ 536,431 gross margin · 2025
AQUA CONSTRUCT + same network
€ 820,017 gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.575.630
- VAT number
- BE 0478.575.630
- Registered office
- Rue Rogier 14, 4900 Spa
- Names & denominations
- VERTIGE ENTRE CIEL ET TERRE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2002
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Stukadoorswerk
Ontwikkeling van niet-residentiële bouwprojecten
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Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Landschapsverzorging
Schrijnwerk
Slopen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
+1