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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VACA Immo Oostende from Brussel, company number BE0563412325, closed financial year 2025 with a result of € -240,911 after tax. For that financial year VACA Immo Oostende recorded revenue of € 3.7 million and equity of € 27.6 million. Compared with financial year 2024, the result moved from € -673,979 to € -240,911. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 27.6 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -240,911
▲ 64 % less loss than in 2024
Profit after tax over the fiscal year.
€ 131,321
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45.6 million.
Debts at end 2025
€ 10.5 million
▼ 8% vs 2024
€ 888,889 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 1 million
▲ 224% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 564 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,175,415 | € 3,453,840 | € 3,541,104 | € 3,661,572 | ▲ 3% |
| Profit after taxes | € -1,358,806 | € -885,880 | € -673,979 | € -240,911 | ▲ € 433,068 |
| Equity | € 29,451,934 | € 28,550,902 | € 27,861,771 | € 27,605,708 | ▼ 1% |
| Total debts | € 14,733,777 | € 13,706,327 | € 12,723,261 | € 12,536,900 | ▼ 1% |
| Cash | € 558,422 | € 930,612 | € 832,442 | € 131,321 | ▼ 84% |
| Land & buildings | € 36,420,671 | € 34,292,832 | € 32,242,862 | € 30,235,141 | ▼ 6% |
| Retained profit | € -43,825,800 | € -44,711,680 | € -45,385,659 | € -45,626,570 | ▼ € 240,911 |
| Bank debt | € 13,185,185 | € 12,370,371 | € 11,407,408 | € 10,518,519 | ▼ 8% |
| Balance sheet total | € 44,185,711 | € 42,257,229 | € 40,585,033 | € 40,142,608 | ▼ 1% |
Key figures of VACA Immo Oostende, 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 VACA Immo Oostende?
What happened at VACA Immo Oostende in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 240,911. Source: NBB ↗
- Luca BALDAN stepped down as director. NBB
- Patrick VANDENBERGHE stepped down as director. NBB
- Pierre CUPPENS stepped down as director. NBB
- Koen DE KINDER stepped down as director. NBB
- Dirk CONINCKX stepped down as director. NBB
- Eddy HUTTENER stepped down as director. NBB
- Dirk CONINCKX became a director. NBB
In short
From € 1.4 million loss in 2022 to € 240,911 loss in 2025.
Paid € 0 in corporate taxes since 2022.
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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
The stake of VACA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VACA Immo OostendeThe shares are held by VACA (198%).
Directors
According to the 2025 annual accounts
Luca BALDAN
Director
Also active at: Vayamundo Oostende, VAYAMUNDO HOUFFALIZE, VACA, VACA Immo Houffalize
since 2020 · until 2026
Patrick VANDENBERGHE
Voorzitter
Also active at: Vooruitzicht en Voorzorg, Vayamundo Oostende, VAYAMUNDO HOUFFALIZE, INCOFIN CVSO, VACA, VACA Immo Houffalize
since 2020 · until 2026
Pierre CUPPENS
Director
since 2020 · until 2026
Koen DE KINDER
Director
since 2020 · until 2026
Dirk CONINCKX
Director
Also active at: Vooruitzicht en Voorzorg, Vayamundo Oostende, VAYAMUNDO HOUFFALIZE, VORMINGSINSTELLING VOOR ARBEIDERS, VACA, VACA Immo Houffalize, De Vormers
since 2022 · until 2026
Eddy HUTTENER
Director
Also active at: Vayamundo Oostende, VAYAMUNDO HOUFFALIZE, VACA, VACA Immo Houffalize
since 2020 · until 2026
Shareholders
198%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koningsstraat 45
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Vooruitzicht en Voorzorg same network
€ 2.4 million gross margin · 2025
Sociaal Fonds van de Scheikundige Nijverheid - Fonds Social de l'Industrie Chimique
FEDERATION EUROPEENNE DES TRAVAILLEURS DU BATIMENT ET DU BOIS - EUROPESE FEDERATIE VAN BOUW- EN HOUTARBEIDERS
Vormingsinstituut Laborem Exercens
FBZ voor de Orthopedische Technologieën – FSE pour les technologies orthopédiques
+8 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
- 0563.412.325
- VAT number
- BE 0563.412.325
- Registered office
- Koningsstraat 45, 1000 Brussel
- Names & denominations
- VACA Immo Oostende
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 28 September 2014
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen