Financials
Financial year 2025
VATE from Quévy, company number BE0630683805, closed financial year 2025 with a result of € 127,190 after tax. For that financial year VATE recorded a gross margin of € 260,797 and equity of € 484,198. Compared with financial year 2024, the result moved from € 111,714 to € 127,190. 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 January 28, 2026.
€ 484,198
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 127,190
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 17,275
▼ 88% 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 € 483,698.
People and assets in 2025
0.2
Average over the fiscal year, from the social balance sheet.
€ 12,882
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 287
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 398,488
▲ 52% vs 2024
€ 53,878 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 21,473
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,732
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 161,605 | € 157,058 | € 243,804 | € 260,797 | ▲ 7% |
| Profit after taxes | € 73,000 | € 73,633 | € 111,714 | € 127,190 | ▲ 14% |
| Equity | € 208,661 | € 245,294 | € 357,008 | € 484,198 | ▲ 36% |
| Total debts | € 243,368 | € 215,787 | € 387,049 | € 448,200 | ▲ 16% |
| Cash | € 20,078 | € 66,122 | € 147,461 | € 17,275 | ▼ 88% |
| Land & buildings | € 361,617 | € 345,731 | € 399,898 | € 769,004 | ▲ 92% |
| Retained profit | € 208,161 | € 244,794 | € 356,508 | € 483,698 | ▲ 36% |
| Dividend | € 6,050 | € 37,000 | € 0 | € 0 | |
| Bank debt | € 186,658 | € 150,853 | € 261,552 | € 398,488 | ▲ 52% |
| Balance sheet total | € 452,029 | € 461,080 | € 744,057 | € 932,398 | ▲ 25% |
| Employees (FTE) | 0.2 | 0.2 | 0.2 | 0.2 |
Key figures of VATE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VATE?
What happened at VATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 127,190 (▲ 14% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Quévy. KBO
In short
From € 73,000 profit in 2022 to € 127,190 profit in 2025.
Paid € 175,928 in corporate taxes since 2022.
Best year ever: 2025, with € 127,190 profit.
Paid out € 43,050 in dividends to the owners in total.
Management
Behind VATE is Emmanuel Leman. Emmanuel Leman is also behind G.T.M..
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue d'Aulnois(BLA) 26
7040 Quévy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0630.683.805
- VAT number
- BE 0630.683.805
- Registered office
- Rue d'Aulnois(BLA) 26, 7040 Quévy
- Names & denominations
- VATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2015
- Peppol
- Active · Active since 8 Dec 2025
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