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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Vulpia Premium Living from Brasschaat, company number BE0506953870, closed financial year 2024 with a result of € -153,181 after tax. For that financial year Vulpia Premium Living recorded a gross margin of € 647,715 and equity of € -3.2 million. Compared with financial year 2023, the result moved from € -394,166 to € -153,181. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2025.
€ -3.2 million
▼ € 575,777 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -153,181
▲ 61 % less loss than in 2023
Profit after tax over the fiscal year.
€ 338,400
▼ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
7.7
▼ 13.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 612,229
▼ 17% vs 2023
€ 79,500 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.
€ 23,585
▲ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3 million
▲ 17% vs 2023
Loans from banks and other lenders, long and short.
€ 560,415
▲ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 132,767
▼ 18% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -3,766 | € 34,189 | € 565,867 | € 647,715 | ▲ 14% |
| Profit after taxes | € -80,533 | € -100,854 | € -394,166 | € -153,181 | ▲ € 240,985 |
| Equity | € -1,916,449 | € -2,017,303 | € -2,643,084 | € -3,218,861 | ▼ € 575,777 |
| Total debts | € 1,989,337 | € 2,058,223 | € 3,432,333 | € 4,038,359 | ▲ 18% |
| Cash | € 37,024 | € 16,402 | € 409,441 | € 338,400 | ▼ 17% |
| Retained profit | € -1,916,449 | € -2,017,303 | € -2,643,084 | € -3,218,861 | ▼ € 575,777 |
| Bank debt | € 1,935,000 | € 2,000,000 | € 2,597,258 | € 3,041,334 | ▲ 17% |
| Balance sheet total | € 72,888 | € 40,921 | € 789,249 | € 819,498 | ▲ 4% |
| Employees (FTE) | - | - | 20.9 | 7.7 | ▼ 13.2 |
Key figures of Vulpia Premium Living, fiscal years 2021 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 Vulpia Premium Living?
What happened at Vulpia Premium Living in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 153,181. Source: NBB ↗
- Luc V. Moerzeke became a director. NBB
- Lucas V. Moerzeke became a director. NBB
- New establishment in Edegem. KBO
- New establishment in Koksijde. KBO
- New establishment in Kraainem. KBO
- New establishment in Koksijde. KBO
- New establishment in Rotselaar. KBO
In short
From € 80,533 loss in 2021 to € 153,181 loss in 2024.
Paid € 161 in corporate taxes since 2021.
On average € 84,100 of value added per employee in 2024.
Management
Behind Vulpia Premium Living are Luc V. Moerzeke and Lucas V. Moerzeke. The same people are also behind VULPIA WALLONIE, VULPIA BRUXELLES - BRUSSEL and RESIDENTIE DE LAAK. Luc V. Moerzeke is also behind Vulpia Vlaanderen.
Directors
According to the 2024 annual accounts
Luc V. Moerzeke
Chairman of the board
Also active at: VULPIA WALLONIE, Vulpia Vlaanderen, VULPIA BRUXELLES - BRUSSEL, RESIDENTIE DE LAAK
since 2024
Lucas V. Moerzeke
Director
Also active at: VULPIA WALLONIE, VULPIA BRUXELLES - BRUSSEL, RESIDENTIE DE LAAK
since 2024
Establishments
Establishment units
Physical locations of this company
Ruiterijschool 6
2930 Brasschaat
Werchterplein 23
3118 Rotselaar
Active since 3 September 2016
Verdedigingslaan(Kok) 9
8670 Koksijde
Active since 22 May 2017
Prins Boudewijnlaan 267 box E
2650 Edegem
Active since 1 August 2022
A. Boudrystraat(Odk) 10
8670 Koksijde
Active since 8 July 2022
Steenweg op Brussel 304
1950 Kraainem
Active since 24 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
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€ 1.2 million revenue · 2025
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€ 28.9 million revenue · 2025
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€ 9.1 million revenue · 2025
BURDOCK CONSULTANTS BELGIUM
€ 18.8 million revenue · 2025
+10 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
- 0506.953.870
- VAT number
- BE 0506.953.870
- Registered office
- Ruiterijschool 6, 2930 Brasschaat
- Names & denominations
- Vulpia Premium Living
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 26 November 2014
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Serviceflats voor ouderen
Rusthuizen voor ouderen (ROB)