What is the address of Vasedel?

The registered office of Vasedel is located at Route du Vieux Chêne 6, 6661 Houffalize.

Is Vasedel still active?

No. The CBE lists Vasedel with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is Vasedel registered on Peppol?

No, Vasedel is currently not registered on the Peppol network.

What is the enterprise number of Vasedel?

The enterprise number of Vasedel is BE0633753161.

When was Vasedel founded?

Vasedel was founded on 10 July 2015.

Who are the directors of Vasedel?

According to the 2023 annual accounts, the directors of Vasedel are: Ganda NV, Matheo CORNELIS.

Is Vasedel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 10 July 2015; 3 annual accounts filed, latest fiscal year 2023; 2 directors known from the annual account.

How much profit did Vasedel make in 2023?

Vasedel recorded a loss after taxes of € 147,220 in financial year 2023.

What is the revenue of Vasedel?

In its most recent annual accounts (2023), Vasedel reported revenue of € 155,432.

How much does an employee at Vasedel earn?

The average wage cost per full-time employee at Vasedel was € 53,900 in 2023: staff costs of € 123,859 for 2.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Vasedel have?

According to the 2023 annual accounts, Vasedel has 2.3 full-time equivalents (FTE).

Vasedel (Public Limited) - Houffalize - BE0633753161

Dossier Vasedel, printed on 29 October 2026 from databakkes.be/en/0633753161/vasedel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 3 fiscal years.
Two loss years in a row NBB

Negative result in 2022 and 2023.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2023; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 6.2 to 2.3.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2023

Vasedel from Houffalize, company number BE0633753161, closed financial year 2023 with a result of € -147,220 after tax. For that financial year Vasedel recorded revenue of € 155,432 and equity of € -199,080. Compared with financial year 2022, the result moved from € -442,434 to € -147,220. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2024.

What it is worth Caution

€ -199,080

▼ € 205,818 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -147,220

▲ 67 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 647

▼ 97% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.1 million.

People and assets in 2023

Full-time equivalents

2.3

▼ 1.5 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 90,879 in 2023, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 123,859

▼ 37% vs 2022

€ 53,900 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.

Vehicles and equipment

€ 20,194

▼ 99% vs 2022

Of which on lease € 9,340.

Debts at end 2023

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3,635

▼ € 1.9 million vs 2022

€ 2,287 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 283,416

▼ 40% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 472 days on average.

Taxes and wages

€ 9,090

▼ 65% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Revenue	€ 1,577,798 Revenue 2021: € 1,577,798 First fiscal year in the series	€ 1,693,011 Revenue 2022: € 1,693,011 ▲ 7% vs 2021 (€ 1,577,798) Favourable step	€ 155,432 Revenue 2023: € 155,432 ▼ 91% vs 2022 (€ 1,693,011) Unfavourable step	▼ 91%
Profit after taxes	€ -21,500 Profit after taxes 2021: € -21,500 First fiscal year in the series	€ -442,434 Profit after taxes 2022: € -442,434 ▼ € 420,933 vs 2021 (€ -21,500) Unfavourable step	€ -147,220 Profit after taxes 2023: € -147,220 ▲ € 295,214 vs 2022 (€ -442,434) Favourable step	▲ € 295,214
Equity	€ 455,032 Equity 2021: € 455,032 First fiscal year in the series	€ 6,738 Equity 2022: € 6,738 ▼ 99% vs 2021 (€ 455,032) Unfavourable step	€ -199,080 Equity 2023: € -199,080 ▼ € 205,818 vs 2022 (€ 6,738) Unfavourable step	▼ € 205,818
Total debts	€ 2,497,401 Total debts 2021: € 2,497,401 First fiscal year in the series	€ 2,462,593 Total debts 2022: € 2,462,593 ▼ 1% vs 2021 (€ 2,497,401) Favourable step	€ 313,268 Total debts 2023: € 313,268 ▼ 87% vs 2022 (€ 2,462,593) Favourable step	▼ 87%
Cash	€ 6,677 Cash 2021: € 6,677 First fiscal year in the series	€ 18,991 Cash 2022: € 18,991 ▲ 184% vs 2021 (€ 6,677) Favourable step	€ 647 Cash 2023: € 647 ▼ 97% vs 2022 (€ 18,991) Unfavourable step	▼ 97%
Land & buildings	€ 10,060 Land & buildings 2021: € 10,060 First fiscal year in the series	€ 124,753 Land & buildings 2022: € 124,753 ▲ € 114,693 vs 2021 (€ 10,060) Unchanged	€ 9,557 Land & buildings 2023: € 9,557 ▼ 92% vs 2022 (€ 124,753) Unchanged	▼ 92%
Retained profit	€ -550,945 Retained profit 2021: € -550,945 First fiscal year in the series	€ -993,379 Retained profit 2022: € -993,379 ▼ € 442,434 vs 2021 (€ -550,945) Unfavourable step	€ -1,140,599 Retained profit 2023: € -1,140,599 ▼ € 147,220 vs 2022 (€ -993,379) Unfavourable step	▼ € 147,220
Bank debt	€ 2,028,968 Bank debt 2021: € 2,028,968 First fiscal year in the series	€ 1,940,384 Bank debt 2022: € 1,940,384 ▼ 4% vs 2021 (€ 2,028,968) Favourable step	€ 3,635 Bank debt 2023: € 3,635 ▼ € 1.9 million vs 2022 (€ 1,940,384) Favourable step	▼ € 1.9 million
Balance sheet total	€ 2,987,592 Balance sheet total 2021: € 2,987,592 First fiscal year in the series	€ 2,502,537 Balance sheet total 2022: € 2,502,537 ▼ 16% vs 2021 (€ 2,987,592) Unchanged	€ 127,861 Balance sheet total 2023: € 127,861 ▼ 95% vs 2022 (€ 2,502,537) Unchanged	▼ 95%
Employees (FTE)	6.2 Employees (FTE) 2021: 6.2 First fiscal year in the series	3.8 Employees (FTE) 2022: 3.8 ▼ 2.4 vs 2021 (6.2) Unchanged	2.3 Employees (FTE) 2023: 2.3 ▼ 1.5 vs 2022 (3.8) Unchanged	▼ 1.5

Key figures of Vasedel, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Vasedel?

What happened at Vasedel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Vasedel is active according to the CBE. Legal situation: Opening faillissement.

2026 Ganda NV stepped down as director. NBB
2026 Matheo CORNELIS stepped down as director. NBB
Jul 30, 2024 New annual accounts for financial year 2023: loss of € 147,220. Source: NBB ↗
2020 Ganda NV became a director. NBB
2020 Matheo CORNELIS became a director. NBB
Oct 1, 2019 New establishment in Houffalize. KBO
Jul 10, 2015 Start of the company according to the CBE. KBO

In short

From € 21,500 loss in 2021 to € 147,220 loss in 2023.

Paid € 294 in corporate taxes since 2021.

Original PDFs at the National Bank ↗

Management

GANDA 96.7%

The stake of GANDA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Vasedel

The shares are held by GANDA (96.7%).

Directors

According to the 2023 annual accounts

Ganda NV

Director · represented by Cornelis DIRK

Also active at: VLEESWAREN CORMA, B en S, MEESTERS HESP, COMEX, VLEESWAREN HOSTE

since 2020 · until 2026

Matheo CORNELIS

Director

since 2020 · until 2026

Shareholders

GANDA

96.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Route du Vieux Chêne 6

6661 Houffalize

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0633.753.161
VAT number: BE 0633.753.161
Registered office: Route du Vieux Chêne 6, 6661 Houffalize
Names & denominations: Vasedel
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Opening faillissement
Start date: 10 July 2015
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗