Financials
Financial year 2025
VATAN from Gent, company number BE0500734091, closed financial year 2025 with a result of € 23,673 after tax. For that financial year VATAN recorded a gross margin of € 415,659 and equity of € 194,348. Compared with financial year 2024, the result moved from € 125,616 to € 23,673. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2026.
€ 194,348
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,673
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 183,424
▲ 26% 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 € 175,748.
People and assets in 2025
€ 303,657
▲ 33% 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.
€ 44,724
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,485
▼ 26% vs 2024
€ 28,006 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 218,353
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 101,113
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 245,544 | € 397,881 | € 456,809 | € 415,659 | ▼ 9% |
| Profit after taxes | € 54,355 | € 64,382 | € 125,616 | € 23,673 | ▼ 81% |
| Equity | € 30,678 | € 45,059 | € 170,675 | € 194,348 | ▲ 14% |
| Total debts | € 395,096 | € 595,899 | € 451,393 | € 423,202 | ▼ 6% |
| Cash | € 172,896 | € 158,787 | € 145,052 | € 183,424 | ▲ 26% |
| Land & buildings | € 3,665 | € 2,881 | € 2,097 | € 1,313 | ▼ 37% |
| Retained profit | € 12,078 | € 26,459 | € 152,075 | € 175,748 | ▲ 16% |
| Dividend | € 54,355 | € 50,000 | € 0 | € 0 | |
| Bank debt | € 71,832 | € 133,527 | € 108,574 | € 80,485 | ▼ 26% |
| Balance sheet total | € 425,774 | € 640,958 | € 622,068 | € 617,550 | ▼ 1% |
Key figures of VATAN, 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 VATAN?
What happened at VATAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,673 (▼ 81% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,355 profit in 2022 to € 23,673 profit in 2025.
Paid € 88,003 in corporate taxes since 2022.
Best year ever: 2024, with € 125,616 profit.
Paid out € 104,355 in dividends to the owners in total.
Management
Behind VATAN is HAKAN KOCAMAN.
Directors
According to the 2025 annual accounts
HAKAN KOCAMAN
Manager
Establishments
Establishment units
Physical locations of this company
Dendermondsesteenweg 145
9000 Gent
Dendermondsesteenweg 151
9000 Gent
Active since 17 February 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0500.734.091
- VAT number
- BE 0500.734.091
- Registered office
- Dendermondsesteenweg 145, 9000 Gent
- Names & denominations
- VATAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2012
- Peppol
- Active · Active since 19 Sept 2023
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