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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VH & G from Zele, company number BE0479210880, closed financial year 2025 with a result of € -10,533 after tax. For that financial year VH & G recorded a gross margin of € 22,214 and equity of € 59,791. Compared with financial year 2024, the result moved from € -27,912 to € -10,533. 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 March 9, 2026.
€ 59,791
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,533
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 15,564
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,509.
Debts at end 2025
€ 530,076
▲ 78% vs 2024
€ 29,131 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 1,057
▲ € 1,048 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,961 | € 32,247 | € 22,777 | € 22,214 | ▼ 2% |
| Profit after taxes | € -14 | € 6,500 | € -27,912 | € -10,533 | ▲ € 17,379 |
| Equity | € 91,736 | € 98,236 | € 70,324 | € 59,791 | ▼ 15% |
| Total debts | € 373,697 | € 358,611 | € 542,697 | € 944,586 | ▲ 74% |
| Cash | € 4,750 | € 14,392 | € 15,911 | € 15,564 | ▼ 2% |
| Land & buildings | € 460,683 | € 442,455 | € 596,333 | € 987,403 | ▲ 66% |
| Retained profit | € 22,436 | € 28,936 | € 1,024 | € -9,509 | ▼ € 10,533 |
| Bank debt | € 208,742 | € 194,647 | € 297,249 | € 530,076 | ▲ 78% |
| Balance sheet total | € 465,433 | € 456,847 | € 613,021 | € 1,004,376 | ▲ 64% |
Key figures of VH & G, 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 VH & G?
What happened at VH & G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,533. Source: NBB ↗
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
- Vicky Heirman became a director. NBB
In short
From € 14 loss in 2022 to € 10,533 loss in 2025.
Best year ever: 2023, with € 6,500 profit.
Management
Behind VH & G is Vicky Heirman. Vicky Heirman is also behind BAKKERIJ HEIRMAN.
Directors
According to the 2025 annual accounts
since 2002
Establishments
Establishment units
Physical locations of this company
Elststraat 16
9240 Zele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0479.210.880
- VAT number
- BE 0479.210.880
- Registered office
- Elststraat 16, 9240 Zele
- Names & denominations
- VH & G
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2002
- Peppol
- Active · Active since 10 Oct 2025
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