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 41 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VGD International from Wemmel, company number BE0633650619, closed financial year 2025 with a result of € 177,937 after tax. For that financial year VGD International recorded a gross margin of € -1,375 and equity of € 376,140. Compared with financial year 2024, the result moved from € 281,770 to € 177,937. 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 July 30, 2026.
€ 376,140
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 177,937
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 41,342
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
56 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,095
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,000
▼ 33% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,210 | € -1,633 | € -1,331 | € -1,375 | ▼ € 44 |
| Profit after taxes | € 120,138 | € 37,108 | € 281,770 | € 177,937 | ▼ 37% |
| Equity | € 264,325 | € 166,433 | € 298,203 | € 376,140 | ▲ 26% |
| Total debts | € 133,936 | € 237,812 | € 232,082 | € 101,095 | ▼ 56% |
| Cash | € 5,314 | € 166 | € 125,375 | € 41,342 | ▼ 67% |
| Retained profit | € 244,325 | € 146,433 | € 278,203 | € 356,140 | ▲ 28% |
| Dividend | € 70,000 | € 135,000 | € 150,000 | € 100,000 | ▼ 33% |
| Balance sheet total | € 398,261 | € 404,245 | € 530,285 | € 477,235 | ▼ 10% |
Key figures of VGD International, 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 VGD International?
What happened at VGD International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 177,937 (▼ 37% vs 2024). Source: NBB ↗
- Michaela Martinek became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 120,138 profit in 2022 to € 177,937 profit in 2025.
Best year ever: 2024, with € 281,770 profit.
Paid out € 455,000 in dividends to the owners in total.
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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
Behind VGD International is Michaela Martinek. It owns 100% of VGD Payroll Sp. z.o.o. and 100% of VGD Sp. z.o.o. itself.
Directors
According to the 2025 annual accounts
Michaela Martinek
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Neerhoflaan 2
1780 Wemmel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Servaas Invest
€ 203,566 revenue · 2025
Servaas Invest II
Ebenezer Elektro
€ 1.8 million gross margin · 2021
TextilColor Belgium
€ 158,800 gross margin · 2025
VGD ACCRETIO
+5 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
- 0633.650.619
- VAT number
- BE 0633.650.619
- Registered office
- Neerhoflaan 2, 1780 Wemmel
- Names & denominations
- VGD International
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2015
- Peppol
- Active · Active since 14 Mar 2025