What does VRS MOTORS do?

VRS MOTORS is a wholesaler in Ichtegem. Private Limited, started on 11 October 2013, 1 establishment.

What is the address of VRS MOTORS?

The registered office of VRS MOTORS is located at Bruggestraat(EER) 311, 8480 Ichtegem.

Is VRS MOTORS still active?

Yes. According to the CBE (31 October 2026) VRS MOTORS is active, legal situation “Normale toestand”, started on 11 October 2013.

Is VRS MOTORS registered on Peppol?

Yes, VRS MOTORS is registered on the Peppol network with ID 0208:0540820728.

What is the enterprise number of VRS MOTORS?

The enterprise number of VRS MOTORS is BE0540820728.

When was VRS MOTORS founded?

VRS MOTORS was founded on 11 October 2013.

Who are the directors of VRS MOTORS?

According to the 2025 annual accounts, the directors of VRS MOTORS are: Matias Verschelde.

Is VRS MOTORS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 October 2013; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VRS MOTORS make in 2025?

VRS MOTORS posted a profit after taxes of € 20,361 in financial year 2025.

What is the revenue of VRS MOTORS?

As a small company, VRS MOTORS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 60,008.

VRS MOTORS (Private Limited) - Ichtegem - BE0540820728

Dossier VRS MOTORS, printed on 31 October 2026 from databakkes.be/en/0540820728/vrs-motors. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VRS MOTORS from Ichtegem, company number BE0540820728, closed financial year 2025 with a result of € 20,361 after tax. For that financial year VRS MOTORS recorded a gross margin of € 60,008 and equity of € 105,625. Compared with financial year 2024, the result moved from € 13,635 to € 20,361. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2026.

What it is worth Growing

€ 105,625

▲ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 20,361

▲ 49% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 38,209

▼ 9% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 4,598 paid out

23 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 10,554

▲ 137% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 84,854

▼ 9% vs 2024

€ 9,136 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 735

▼ 79% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 6,681

▼ 2% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 43,065 Gross margin 2022: € 43,065 First fiscal year in the series	€ 47,455 Gross margin 2023: € 47,455 ▲ 10% vs 2022 (€ 43,065) Favourable step	€ 52,262 Gross margin 2024: € 52,262 ▲ 10% vs 2023 (€ 47,455) Favourable step	€ 60,008 Gross margin 2025: € 60,008 ▲ 15% vs 2024 (€ 52,262) Favourable step	▲ 15%
Profit after taxes	€ 11,580 Profit after taxes 2022: € 11,580 First fiscal year in the series	€ 12,136 Profit after taxes 2023: € 12,136 ▲ 5% vs 2022 (€ 11,580) Favourable step	€ 13,635 Profit after taxes 2024: € 13,635 ▲ 12% vs 2023 (€ 12,136) Favourable step	€ 20,361 Profit after taxes 2025: € 20,361 ▲ 49% vs 2024 (€ 13,635) Favourable step	▲ 49%
Equity	€ 71,832 Equity 2022: € 71,832 First fiscal year in the series	€ 79,907 Equity 2023: € 79,907 ▲ 11% vs 2022 (€ 71,832) Favourable step	€ 89,862 Equity 2024: € 89,862 ▲ 12% vs 2023 (€ 79,907) Favourable step	€ 105,625 Equity 2025: € 105,625 ▲ 18% vs 2024 (€ 89,862) Favourable step	▲ 18%
Total debts	€ 184,338 Total debts 2022: € 184,338 First fiscal year in the series	€ 172,733 Total debts 2023: € 172,733 ▼ 6% vs 2022 (€ 184,338) Favourable step	€ 159,578 Total debts 2024: € 159,578 ▼ 8% vs 2023 (€ 172,733) Favourable step	€ 146,200 Total debts 2025: € 146,200 ▼ 8% vs 2024 (€ 159,578) Favourable step	▼ 8%
Cash	€ 19,651 Cash 2022: € 19,651 First fiscal year in the series	€ 11,154 Cash 2023: € 11,154 ▼ 43% vs 2022 (€ 19,651) Unfavourable step	€ 41,858 Cash 2024: € 41,858 ▲ 275% vs 2023 (€ 11,154) Favourable step	€ 38,209 Cash 2025: € 38,209 ▼ 9% vs 2024 (€ 41,858) Unfavourable step	▼ 9%
Land & buildings	€ 138,707 Land & buildings 2022: € 138,707 First fiscal year in the series	€ 128,615 Land & buildings 2023: € 128,615 ▼ 7% vs 2022 (€ 138,707) Unchanged	€ 115,841 Land & buildings 2024: € 115,841 ▼ 10% vs 2023 (€ 128,615) Unchanged	€ 103,163 Land & buildings 2025: € 103,163 ▼ 11% vs 2024 (€ 115,841) Unchanged	▼ 11%
Retained profit	€ 41,832 Retained profit 2022: € 41,832 First fiscal year in the series	€ 49,907 Retained profit 2023: € 49,907 ▲ 19% vs 2022 (€ 41,832) Favourable step	€ 59,862 Retained profit 2024: € 59,862 ▲ 20% vs 2023 (€ 49,907) Favourable step	€ 75,625 Retained profit 2025: € 75,625 ▲ 26% vs 2024 (€ 59,862) Favourable step	▲ 26%
Dividend	€ 5,080 Dividend 2022: € 5,080 First fiscal year in the series	€ 4,060 Dividend 2023: € 4,060 ▼ 20% vs 2022 (€ 5,080) Unchanged	€ 3,681 Dividend 2024: € 3,681 ▼ 9% vs 2023 (€ 4,060) Unchanged	€ 4,598 Dividend 2025: € 4,598 ▲ 25% vs 2024 (€ 3,681) Unchanged	▲ 25%
Bank debt	€ 114,701 Bank debt 2022: € 114,701 First fiscal year in the series	€ 103,643 Bank debt 2023: € 103,643 ▼ 10% vs 2022 (€ 114,701) Favourable step	€ 92,885 Bank debt 2024: € 92,885 ▼ 10% vs 2023 (€ 103,643) Favourable step	€ 84,854 Bank debt 2025: € 84,854 ▼ 9% vs 2024 (€ 92,885) Favourable step	▼ 9%
Balance sheet total	€ 256,170 Balance sheet total 2022: € 256,170 First fiscal year in the series	€ 252,641 Balance sheet total 2023: € 252,641 ▼ 1% vs 2022 (€ 256,170) Unchanged	€ 249,440 Balance sheet total 2024: € 249,440 ▼ 1% vs 2023 (€ 252,641) Unchanged	€ 251,825 Balance sheet total 2025: € 251,825 ▲ 1% vs 2024 (€ 249,440) Unchanged	▲ 1%

Key figures of VRS MOTORS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.

What happened to VRS MOTORS?

What happened at VRS MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 3, 2026 New annual accounts for financial year 2025: profit of € 20,361 (▲ 49% vs 2024). Source: NBB ↗
Oct 15, 2013 New establishment in Ichtegem. KBO
2013 Matias Verschelde became a director. NBB
Oct 11, 2013 Start of the company according to the CBE. KBO

In short

From € 11,580 profit in 2022 to € 20,361 profit in 2025.

Paid € 28,557 in corporate taxes since 2022.

Best year ever: 2025, with € 20,361 profit.

Paid out € 17,419 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Matias Verschelde

VRS MOTORS

Behind VRS MOTORS is Matias Verschelde.

Directors

According to the 2025 annual accounts

Matias Verschelde

Director

since 2013

Establishments

Establishment units

Physical locations of this company

Registered office

Bruggestraat(EER) 311

8480 Ichtegem

2.223.832.391

Bruggestraat(BEK) 311

8480 Ichtegem

Active since 15 October 2013

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0540.820.728

VAT number

BE 0540.820.728

Registered office

Bruggestraat(EER) 311, 8480 Ichtegem

Names & denominations

VRS MOTORS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 October 2013

Peppol

Active · Active since 9 Oct 2024

Activities · NACE

Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)

Groothandel in auto's en lichte bestelwagens (= 3,5 ton)

Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

Detailhandel in onderdelen en accessoires van motorvoertuigen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

VRS MOTORS

Financials

What happened to VRS MOTORS?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions