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 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VAC DE MEANDER from Antwerpen, company number BE0628888216, closed financial year 2025 with a result of € 4.2 million after tax. For that financial year VAC DE MEANDER recorded revenue of € 11.7 million and equity of € 18 million. Compared with financial year 2024, the result moved from € 3.9 million to € 4.2 million. 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 July 15, 2026.
€ 18 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.2 million
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 214,864
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3.5 million paid out
84 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 89.9 million
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 1,500
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,148,578 | € 10,906,475 | € 11,382,235 | € 11,729,508 | ▲ 3% |
| Profit after taxes | € 3,634,954 | € 3,522,388 | € 3,861,286 | € 4,188,424 | ▲ 8% |
| Equity | € 16,626,975 | € 16,849,363 | € 17,310,648 | € 17,999,073 | ▲ 4% |
| Total debts | € 111,402,531 | € 107,080,869 | € 104,619,556 | € 98,417,155 | ▼ 6% |
| Cash | € 510,835 | € 2,730,820 | € 4,025,515 | € 214,864 | ▼ 95% |
| Land & buildings | € 124,409,556 | € 121,072,457 | € 117,735,359 | € 114,398,260 | ▼ 3% |
| Retained profit | € 1,556,413 | € 1,778,801 | € 2,240,086 | € 2,928,511 | ▲ 31% |
| Dividend | € 3,200,000 | € 3,300,000 | € 3,400,000 | € 3,500,000 | ▲ 3% |
| Bank debt | € 101,908,062 | € 97,908,062 | € 95,908,062 | € 89,908,062 | ▼ 6% |
| Balance sheet total | € 128,029,506 | € 123,930,231 | € 121,930,204 | € 116,416,228 | ▼ 5% |
Key figures of VAC DE MEANDER, 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 VAC DE MEANDER?
What happened at VAC DE MEANDER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christophe Hamal stepped down as director. NBB
- René Grunenberg stepped down as director. NBB
- Philip Walter Arndt stepped down as director. NBB
- Janick Nufer stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.2 million (▲ 8% vs 2024). Source: NBB ↗
- Wim Kinnet stepped down as director. NBB
- René Grunenberg became a director. NBB
- Christophe Hamal became a director. NBB
In short
From € 3.6 million profit in 2022 to € 4.2 million profit in 2025.
Paid € 5.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.2 million profit.
Paid out € 13.4 million in dividends to the owners in total.
A new publication or filing at VAC DE MEANDER? 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
Directors
According to the 2025 annual accounts
Christophe Hamal
Director
Also active at: MERNO IMMO, J. Haenecour & Co, Pacific Real Estate, Singel Office Antwerpen, COBEL FLANDERS, VAN VAEK ZENITH IMMO, CREATIVE EATERY, SOUVERAIN 25 +7 more
since 2025 · until 2030
Janick Nufer
Director
since 2022 · until 2027
Philip Walter Arndt
Director
since 2023 · until 2028
since 2021 · until 2026
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Posthofbrug 16
2600 Antwerpen
Havenlaan 86C
1000 Brussel
Active since 27 April 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →MERNO IMMO same network
€ 961,684 gross margin · 2025
BALOISE BELGIUM
J. Haenecour & Co same network
€ -12,382 gross margin · 2025
B'Cover by Baloise
€ 2.4 million gross margin · 2025
Pacific Real Estate same network
€ 2.1 million gross margin · 2025
+11 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
- 0628.888.216
- VAT number
- BE 0628.888.216
- Registered office
- Posthofbrug 16, 2600 Antwerpen
- Names & denominations
- VAC DE MEANDER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2015
- Peppol
- Active · Active since 17 Nov 2025