Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vabo from Geel, company number BE0536741877, closed financial year 2025 with a result of € 15,246 after tax. For that financial year Vabo recorded a gross margin of € 50,411 and equity of € -59,044. Compared with financial year 2024, the result moved from € 22,040 to € 15,246. The company is profitable. 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 May 29, 2026.
€ -59,044
▲ € 15,246 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,246
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 23,336
▲ € 20,595 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 € -79,044.
People and assets in 2025
€ 91,613
▲ 134% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 99,533
▲ 76% vs 2024
€ 19,902 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 58,527
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,918
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,887 | € 79,376 | € 47,263 | € 50,411 | ▲ 7% |
| Profit after taxes | € 42,431 | € 54,009 | € 22,040 | € 15,246 | ▼ 31% |
| Equity | € -150,339 | € -96,330 | € -74,290 | € -59,044 | ▲ € 15,246 |
| Total debts | € 261,036 | € 219,024 | € 201,050 | € 238,576 | ▲ 19% |
| Cash | - | € 12,561 | € 2,740 | € 23,336 | ▲ € 20,595 |
| Retained profit | € -170,339 | € -116,330 | € -94,290 | € -79,044 | ▲ € 15,246 |
| Bank debt | € 38,297 | € 54,691 | € 56,600 | € 99,533 | ▲ 76% |
| Balance sheet total | € 110,697 | € 122,694 | € 126,760 | € 179,531 | ▲ 42% |
Key figures of Vabo, 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 Vabo?
What happened at Vabo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,246 (▼ 31% vs 2024). Source: NBB ↗
- Michiel Nevelsteen became a director. NBB
- Dave Nevelsteen became a director. NBB
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,431 profit in 2022 to € 15,246 profit in 2025.
Best year ever: 2023, with € 54,009 profit.
A new publication or filing at Vabo? We notify you, reason included.
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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 Vabo are Dave Nevelsteen and Michiel Nevelsteen.
Directors
According to the 2025 annual accounts
Dave Nevelsteen
Director
since 2018
Michiel Nevelsteen
Director
since 2025
Establishments
Establishment units
Physical locations of this company
St.-Kristoffelstraat 3
2440 Geel
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0536.741.877
- VAT number
- BE 0536.741.877
- Registered office
- St.-Kristoffelstraat 3, 2440 Geel
- Names & denominations
- Vabo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2013
- Peppol
- Active · Active since 20 Oct 2025
- Contact
- vabobvba.be
- Activities · NACE
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