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 2 % of short-term debt in 2025; threshold 65 %.
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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
Bogaert-Vogels from Geetbets, company number BE0651904237, closed financial year 2025 with a result of € 13,401 after tax. For that financial year Bogaert-Vogels recorded a gross margin of € 45,214 and equity of € 19,601. Compared with financial year 2024, the result moved from € 12,206 to € 13,401. Profitable, and profit is growing. The buffer shrank hard: equity is 69 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 19,601
▼ 69% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,401
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 3,431
▲ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 56,782 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 5,519
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 262,338
▼ 12% vs 2024
€ 35,258 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 440
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 467
▲ 253% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,526 | € 43,089 | € 44,366 | € 45,214 | ▲ 2% |
| Profit after taxes | € 11,531 | € 11,237 | € 12,206 | € 13,401 | ▲ 10% |
| Equity | € 39,539 | € 50,776 | € 62,982 | € 19,601 | ▼ 69% |
| Total debts | € 491,627 | € 458,405 | € 426,879 | € 448,186 | ▲ 5% |
| Cash | € 2,566 | € 1,616 | € 1,860 | € 3,431 | ▲ 84% |
| Land & buildings | € 512,580 | € 492,186 | € 478,657 | € 457,597 | ▼ 4% |
| Retained profit | € 33,339 | € 44,576 | € 56,782 | € 13,401 | ▼ 76% |
| Dividend | € 0 | € 0 | € 0 | € 56,782 | |
| Bank debt | € 365,598 | € 331,592 | € 298,511 | € 262,338 | ▼ 12% |
| Balance sheet total | € 531,167 | € 509,181 | € 489,861 | € 467,787 | ▼ 5% |
Key figures of Bogaert-Vogels, 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 Bogaert-Vogels?
What happened at Bogaert-Vogels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,401 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Geetbets. KBO
- Geert Vogels became a director. NBB
- Vincent Bogaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,531 profit in 2022 to € 13,401 profit in 2025.
Paid € 16,878 in corporate taxes since 2022.
Best year ever: 2025, with € 13,401 profit.
Paid out € 56,782 in dividends to the owners in total.
Management
Behind Bogaert-Vogels are Geert Vogels and Vincent Bogaert. Geert Vogels is also behind DOKTERS VOGELS-D'HAESELEER. Vincent Bogaert is also behind Dokter Vincent Bogaert.
Directors
According to the 2025 annual accounts
since 2016
since 2016
Establishments
Establishment units
Physical locations of this company
Glabbeekstraat 3X
3450 Geetbets
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0651.904.237
- VAT number
- BE 0651.904.237
- Registered office
- Glabbeekstraat 3X, 3450 Geetbets
- Names & denominations
- Bogaert-Vogels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2016
- Peppol
- Not registered