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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VAPHIS from Pepinster, company number BE0632647757, closed financial year 2025 with a result of € 37,543 after tax. For that financial year VAPHIS recorded a gross margin of € 1.5 million and equity of € 598,858. Compared with financial year 2024, the result moved from € 90,933 to € 37,543. The company is profitable. 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 August 31, 2026.
€ 598,858
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,543
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 125,373
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
21.3
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 10% vs 2024
€ 61,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 50,915
▲ 67% vs 2024
Of which on lease € 3,005.
Debts at end 2025
€ 708,499
▲ 31% vs 2024
€ 77,605 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 74,086
▲ € 59,084 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 264,950
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,233,880 | € 1,394,964 | € 1,440,415 | € 1,513,855 | ▲ 5% |
| Profit after taxes | € 147,160 | € 307,896 | € 90,933 | € 37,543 | ▼ 59% |
| Equity | € 161,045 | € 468,941 | € 561,314 | € 598,858 | ▲ 7% |
| Total debts | € 868,738 | € 746,397 | € 780,084 | € 1,047,536 | ▲ 34% |
| Cash | € 102,035 | € 127,200 | € 300,038 | € 125,373 | ▼ 58% |
| Land & buildings | € 668,691 | € 652,595 | € 660,423 | € 1,138,870 | ▲ 72% |
| Retained profit | € 161,045 | € 468,941 | € 561,314 | € 598,858 | ▲ 7% |
| Bank debt | € 640,334 | € 525,204 | € 541,655 | € 708,499 | ▲ 31% |
| Balance sheet total | € 1,159,783 | € 1,345,338 | € 1,471,398 | € 1,776,393 | ▲ 21% |
| Employees (FTE) | 19.8 | 18.8 | 18.8 | 21.3 | ▲ 2.5 |
Key figures of VAPHIS, 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 VAPHIS?
What happened at VAPHIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HENRI CORMAN stepped down as director. NBB
- Françoise Stassen stepped down as director. NBB
- CECILE MUSSCHOOT DELFOSSE stepped down as director. NBB
- MARIE-ALINE TILLEMANS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 37,543 (▼ 59% vs 2024). filed late Source: NBB ↗
- Jean-Marc DELFOSSE became a director. NBB
- Agnes UYTTERHAEGHE became a director. NBB
- New establishment in Aywaille. KBO
In short
From € 147,160 profit in 2022 to € 37,543 profit in 2025.
Paid € 554 in corporate taxes since 2022.
Best year ever: 2023, with € 307,896 profit.
On average € 71,100 of value added per employee in 2025.
Management
Behind VAPHIS are Jean-Marc DELFOSSE and Agnes UYTTERHAEGHE.
Directors
According to the 2025 annual accounts
Jean-Marc DELFOSSE
Director
since 2026
Agnes UYTTERHAEGHE
Chairman of the board
since 2026
HENRI CORMAN
Director
since 2023 · until 2027
Françoise Stassen
Director
since 2023 · until 2027
CECILE MUSSCHOOT DELFOSSE
Director
since 2023 · until 2027
MARIE-ALINE TILLEMANS
Director
since 2023 · until 2027
Establishments
Establishment units
Physical locations of this company
Ayrifagne 3
4860 Pepinster
Avenue François Cornesse 67 box 0
4920 Aywaille
Active since 13 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0632.647.757
- VAT number
- BE 0632.647.757
- Registered office
- Ayrifagne 3, 4860 Pepinster
- Names & denominations
- VAPHIS
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 23 June 2015
- Peppol
- Not registered
- Contact
- vaphis.be
- Activities · NACE
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