Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2025
VULPIA WALLONIE from Liège, company number BE0505895382, closed financial year 2025 with a result of € -622,108 after tax. For that financial year VULPIA WALLONIE recorded revenue of € 38.4 million and equity of € 971,599. Compared with financial year 2024, the result moved from € 75,244 to € -622,108. 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 July 23, 2026.
€ 971,599
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -622,108
▼ still € 75,244 profit in 2024
Profit after tax over the fiscal year.
€ 770,749
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
431.2
▲ 7.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 28 million
▲ 5% vs 2024
€ 64,900 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.
€ 1 million
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.7 million
▲ 7% vs 2024
€ 380,754 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1.6 million
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 6.8 million
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,305,904 | € 34,383,931 | € 37,180,260 | € 38,438,571 | ▲ 3% |
| Profit after taxes | € 815,019 | € 1,268,402 | € 75,244 | € -622,108 | ▼ € 697,352 |
| Equity | € 2,094,683 | € 1,157,702 | € 1,593,707 | € 971,599 | ▼ 39% |
| Total debts | € 14,007,797 | € 18,855,652 | € 19,900,290 | € 18,031,714 | ▼ 9% |
| Cash | € 1,259,048 | € 1,777,016 | € 2,029,073 | € 770,749 | ▼ 62% |
| Retained profit | € 2,094,683 | € 1,157,702 | € 1,593,707 | € 971,599 | ▼ 39% |
| Bank debt | € 4,593,249 | € 5,679,048 | € 5,323,297 | € 5,680,024 | ▲ 7% |
| Balance sheet total | € 16,102,480 | € 20,013,354 | € 21,493,997 | € 19,003,313 | ▼ 12% |
| Employees (FTE) | 360.8 | 418.7 | 423.7 | 431.2 | ▲ 7.5 |
Key figures of VULPIA WALLONIE, fiscal years 2021 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 VULPIA WALLONIE?
What happened at VULPIA WALLONIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 622,108 (▼ € 697,352 vs 2024). Source: NBB ↗
- Lucas Van Moerzeke became a director. NBB
- Luc Van Moerzeke became a director. NBB
- New establishment in Anderlues. KBO
- New establishment in Somme-Leuze. KBO
- New establishment in Libramont-Chevigny. KBO
- New establishment in Liège. KBO
- New establishment in Liège. KBO
In short
From € 815,019 profit in 2021 to € 622,108 loss in 2025.
Paid € 10,520 in corporate taxes since 2021.
Best year ever: 2023, with € 1.3 million profit.
Pays suppliers within 36 days on average.
A new publication or filing at VULPIA WALLONIE? We notify you, reason included.
Follow VULPIA WALLONIEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VULPIA WALLONIE are Lucas Van Moerzeke and Luc Van Moerzeke. The same people are also behind SENSE INVEST, Sense Real Estate, SENSE PROPERTIES, Vulpia Premium Living and Vulpia Vlaanderen. Lucas Van Moerzeke is also behind THE INTERIOR LAB. Luc Van Moerzeke is also behind Le Douaire Invest, RESIDENCE QUENTIN, Green Tara Group, MONTERRY and DE WIELINGEN DEVELOPMENT.
Directors
According to the 2025 annual accounts
Lucas Van Moerzeke
Director
Also active at: SENSE INVEST, Sense Real Estate, SENSE PROPERTIES, Vulpia Premium Living, Vulpia Vlaanderen, Sense Development, VULPIA BRUXELLES - BRUSSEL, RESIDENTIE DE LAAK +3 more
since 2024
Luc Van Moerzeke
Director
Also active at: Le Douaire Invest, RESIDENCE QUENTIN, SENSE INVEST, Sense Real Estate, Green Tara Group, MONTERRY, SENSE PROPERTIES, DE WIELINGEN DEVELOPMENT +12 more
since 2024
Establishments
Establishment units
Physical locations of this company
Thier de la Chartreuse 47
4020 Liège
Libramont,Avenue de Houffalize 65
6800 Libramont-Chevigny
Active since 1 October 2016
Rue Grétry 196
4020 Liège
Active since 1 January 2015
Rue Modeste Rigo(POU) 10
4350 Remicourt
Active since 1 January 2015
Route de France, Baillonville 2A
5377 Somme-Leuze
Active since 1 January 2018
Rue du Château 81
6150 Anderlues
Active since 1 April 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.895.382
- VAT number
- BE 0505.895.382
- Registered office
- Thier de la Chartreuse 47, 4020 Liège
- Names & denominations
- VULPIA WALLONIE
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 3 December 2014
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)