What does VGH Projects do?

VGH Projects is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 13 May 2016, 1 establishment.

What is the address of VGH Projects?

The registered office of VGH Projects is located at Bieststraat 19, 9308 Aalst.

Is VGH Projects still active?

Yes. According to the CBE (29 September 2026) VGH Projects is active, legal situation “Normale toestand”, started on 13 May 2016.

Is VGH Projects registered on Peppol?

Yes, VGH Projects is registered on the Peppol network with ID 0208:0653987955.

What is the enterprise number of VGH Projects?

The enterprise number of VGH Projects is BE0653987955.

When was VGH Projects founded?

VGH Projects was founded on 13 May 2016.

Who are the directors of VGH Projects?

According to the 2025 annual accounts, the directors of VGH Projects are: TOM VAN GREMBERGEN, CLAARTJE HERSSENS.

Is VGH Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 May 2016; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did VGH Projects make in 2025?

VGH Projects posted a profit after taxes of € 51,400 in financial year 2025.

What is the revenue of VGH Projects?

As a small company, VGH Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 147,357.

VGH Projects (Private Limited) - Aalst - BE0653987955

Dossier VGH Projects, printed on 29 September 2026 from databakkes.be/en/0653987955/vgh-projects. 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.

Tight liquidity NBB

Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VGH Projects from Aalst, company number BE0653987955, closed financial year 2025 with a result of € 51,400 after tax. For that financial year VGH Projects recorded a gross margin of € 147,357 and equity of € 283,094. Compared with financial year 2024, the result moved from € 83,194 to € 51,400. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.

What it is worth Healthy

€ 283,094

▼ 3% vs 2024

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

Profit Healthy

€ 51,400

▼ 38% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 91,747

▲ 60% vs 2024

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

Where the profit goes Pays out

€ 60,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 36,742

▲ 144% vs 2024

Of which on lease € 8,850.

Debts at end 2025

Bank debt ≈ 11 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.

€ 524,274

▲ 5% vs 2024

€ 15,977 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 29,274

▼ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 23,701

▼ 21% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 100,148 Gross margin 2022: € 100,148 First fiscal year in the series	€ 247,637 Gross margin 2023: € 247,637 ▲ 147% vs 2022 (€ 100,148) Favourable step	€ 185,988 Gross margin 2024: € 185,988 ▼ 25% vs 2023 (€ 247,637) Unfavourable step	€ 147,357 Gross margin 2025: € 147,357 ▼ 21% vs 2024 (€ 185,988) Unfavourable step	▼ 21%
Profit after taxes	€ 66,976 Profit after taxes 2022: € 66,976 First fiscal year in the series	€ 134,629 Profit after taxes 2023: € 134,629 ▲ 101% vs 2022 (€ 66,976) Favourable step	€ 83,194 Profit after taxes 2024: € 83,194 ▼ 38% vs 2023 (€ 134,629) Unfavourable step	€ 51,400 Profit after taxes 2025: € 51,400 ▼ 38% vs 2024 (€ 83,194) Unfavourable step	▼ 38%
Equity	€ 223,871 Equity 2022: € 223,871 First fiscal year in the series	€ 308,500 Equity 2023: € 308,500 ▲ 38% vs 2022 (€ 223,871) Favourable step	€ 291,694 Equity 2024: € 291,694 ▼ 5% vs 2023 (€ 308,500) Unfavourable step	€ 283,094 Equity 2025: € 283,094 ▼ 3% vs 2024 (€ 291,694) Unfavourable step	▼ 3%
Total debts	€ 455,423 Total debts 2022: € 455,423 First fiscal year in the series	€ 650,624 Total debts 2023: € 650,624 ▲ 43% vs 2022 (€ 455,423) Unfavourable step	€ 833,166 Total debts 2024: € 833,166 ▲ 28% vs 2023 (€ 650,624) Unfavourable step	€ 808,646 Total debts 2025: € 808,646 ▼ 3% vs 2024 (€ 833,166) Favourable step	▼ 3%
Cash	€ 89,837 Cash 2022: € 89,837 First fiscal year in the series	€ 197,471 Cash 2023: € 197,471 ▲ 120% vs 2022 (€ 89,837) Favourable step	€ 57,475 Cash 2024: € 57,475 ▼ 71% vs 2023 (€ 197,471) Unfavourable step	€ 91,747 Cash 2025: € 91,747 ▲ 60% vs 2024 (€ 57,475) Favourable step	▲ 60%
Land & buildings	€ 70,345 Land & buildings 2022: € 70,345 First fiscal year in the series	€ 241,274 Land & buildings 2023: € 241,274 ▲ 243% vs 2022 (€ 70,345) Unchanged	€ 231,640 Land & buildings 2024: € 231,640 ▼ 4% vs 2023 (€ 241,274) Unchanged	€ 325,012 Land & buildings 2025: € 325,012 ▲ 40% vs 2024 (€ 231,640) Unchanged	▲ 40%
Retained profit	€ 205,271 Retained profit 2022: € 205,271 First fiscal year in the series	€ 289,900 Retained profit 2023: € 289,900 ▲ 41% vs 2022 (€ 205,271) Favourable step	€ 273,094 Retained profit 2024: € 273,094 ▼ 6% vs 2023 (€ 289,900) Unfavourable step	€ 264,494 Retained profit 2025: € 264,494 ▼ 3% vs 2024 (€ 273,094) Unfavourable step	▼ 3%
Dividend	€ 1,600 Dividend 2022: € 1,600 First fiscal year in the series	€ 50,000 Dividend 2023: € 50,000 ▲ € 48,400 vs 2022 (€ 1,600) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▲ 100% vs 2023 (€ 50,000) Unchanged	€ 60,000 Dividend 2025: € 60,000 ▼ 40% vs 2024 (€ 100,000) Unchanged	▼ 40%
Bank debt	€ 357,617 Bank debt 2022: € 357,617 First fiscal year in the series	€ 475,643 Bank debt 2023: € 475,643 ▲ 33% vs 2022 (€ 357,617) Unfavourable step	€ 501,670 Bank debt 2024: € 501,670 ▲ 5% vs 2023 (€ 475,643) Unfavourable step	€ 524,274 Bank debt 2025: € 524,274 ▲ 5% vs 2024 (€ 501,670) Unfavourable step	▲ 5%
Balance sheet total	€ 679,294 Balance sheet total 2022: € 679,294 First fiscal year in the series	€ 959,124 Balance sheet total 2023: € 959,124 ▲ 41% vs 2022 (€ 679,294) Unchanged	€ 1,124,860 Balance sheet total 2024: € 1,124,860 ▲ 17% vs 2023 (€ 959,124) Unchanged	€ 1,091,740 Balance sheet total 2025: € 1,091,740 ▼ 3% vs 2024 (€ 1,124,860) Unchanged	▼ 3%

Key figures of VGH Projects, 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 VGH Projects?

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

Dec 31, 2025 New annual accounts for financial year 2025: profit of € 51,400 (▼ 38% vs 2024). Source: NBB ↗
May 13, 2016 New establishment in Aalst. KBO
May 13, 2016 Start of the company according to the CBE. KBO

In short

From € 66,976 profit in 2022 to € 51,400 profit in 2025.

Paid € 123,128 in corporate taxes since 2022.

Best year ever: 2023, with € 134,629 profit.

Paid out € 211,600 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at VGH Projects? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

TOM VAN GREMBERGEN CLAARTJE HERSSENS

VGH Projects

Behind VGH Projects are TOM VAN GREMBERGEN and CLAARTJE HERSSENS.

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Directors

According to the 2025 annual accounts

TOM VAN GREMBERGEN

Director

CLAARTJE HERSSENS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Bieststraat 19

9308 Aalst

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

Details

Company number

0653.987.955

VAT number

BE 0653.987.955

Registered office

Bieststraat 19, 9308 Aalst

Names & denominations

VGH Projects

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 May 2016

Peppol

Active · Active since 25 Nov 2024

Activities · NACE

Handel in eigen onroerend goed

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

VGH Projects

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Financials

What happened to VGH Projects?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions