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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VSP GENK from Geel, company number BE0541551394, closed financial year 2025 with a result of € 178,079 after tax. For that financial year VSP GENK recorded a gross margin of € 528,592 and equity of € 837,069. Compared with financial year 2024, the result moved from € 161,289 to € 178,079. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 837,069
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,079
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 12,915
▼ 75% 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 € 774,969.
Debts at end 2025
€ 3 million
▼ 8% vs 2024
€ 256,668 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 1,815
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 458,642 | € 498,896 | € 511,914 | € 528,592 | ▲ 3% |
| Profit after taxes | € 113,310 | € 145,698 | € 161,289 | € 178,079 | ▲ 10% |
| Equity | € 352,002 | € 497,700 | € 658,990 | € 837,069 | ▲ 27% |
| Total debts | € 4,348,028 | € 3,965,283 | € 3,592,161 | € 3,154,361 | ▼ 12% |
| Cash | € 62,225 | € 45,765 | € 52,652 | € 12,915 | ▼ 75% |
| Land & buildings | € 4,513,267 | € 4,289,715 | € 4,066,163 | € 3,842,612 | ▼ 5% |
| Retained profit | € 289,902 | € 435,600 | € 596,890 | € 774,969 | ▲ 30% |
| Bank debt | € 3,750,550 | € 3,493,882 | € 3,237,214 | € 2,980,546 | ▼ 8% |
| Balance sheet total | € 4,700,030 | € 4,462,984 | € 4,251,151 | € 3,991,430 | ▼ 6% |
Key figures of VSP GENK, 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 VSP GENK?
What happened at VSP GENK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,079 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 113,310 profit in 2022 to € 178,079 profit in 2025.
Paid € 199,459 in corporate taxes since 2022.
Best year ever: 2025, with € 178,079 profit.
Management
The stake of KONRAD INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VSP GENKBehind VSP GENK are Edwin Somers, Patrick Kerkhofs, Stefan Vangronsveld and Patrick Syen. The shares are held by KONRAD INVEST (50%).
Directors
According to the 2025 annual accounts
Edwin Somers
Director
Also active at: VOKA - Kamer van Koophandel Limburg, HET MAGAZIJN, STALPO, HEIDEKUR, GROENPLEIN CONSTRUCT, ZORGHOTEL GROENPLEIN, GV GROND, TC BILZEN +6 more
Patrick Kerkhofs
Director
Also active at: WHY NOT, HUBBIE, BORMANSHOF, VSP Boortmeerbeek, B & S Beheer, I & P CONSULTING, Beschut Wonen De Lariks, PROBIS +46 more
Stefan Vangronsveld
Director
Also active at: IMMO ALDEN BIESEN, STALPO, ESMERALDA, GROENPLEIN CONSTRUCT, ZORGHOTEL GROENPLEIN, TC BILZEN, HOLDING VANGRONSVELD, VESTIO +1 more
Patrick Syen
Director
Also active at: HUBBIE, BORMANSHOF, SYEN INVESTMENT, S.I.M.C., VSP Boortmeerbeek, Beschut Wonen De Lariks, PROBIS, BVM BEHEER +23 more
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Winkelom 83B box 1
2440 Geel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →BORMANSHOF same network
€ 32,004 gross margin · 2025
VSP Boortmeerbeek same network
€ 1.4 million gross margin · 2025
PROBIS same network
€ 4.7 million gross margin · 2025
Bestuursvereniging
Qaly Development same network
€ -1,973 gross margin · 2025
+28 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
- 0541.551.394
- VAT number
- BE 0541.551.394
- Registered office
- Winkelom 83B bus 1, 2440 Geel
- Names & denominations
- VSP GENK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2013
- Peppol
- Active · Active since 15 Dec 2025