Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VP TERRAE from Zandhoven, company number BE0654838387, closed financial year 2026 with a result of € -29,469 after tax. For that financial year VP TERRAE recorded a gross margin of € -6,697 and equity of € 35,563. Compared with financial year 2025, the result moved from € -44,415 to € -29,469. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 35,563
▲ € 70,531 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,469
▲ 34 % less loss than in 2025
Profit after tax over the fiscal year.
€ 770
▲ 18% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -184,437.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2026
€ 422,000
Loans from banks and other lenders, long and short.
€ 11,428
▲ 1% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,753 | € -3,694 | € -4,224 | € -6,697 | ▼ € 2,473 |
| Profit after taxes | € -35,475 | € -47,372 | € -44,415 | € -29,469 | ▲ € 14,947 |
| Equity | € 56,819 | € 9,447 | € -34,968 | € 35,563 | ▲ € 70,531 |
| Total debts | € 872,154 | € 803,583 | € 847,555 | € 1,181,802 | ▲ 39% |
| Cash | € 771 | € 1,236 | € 650 | € 770 | ▲ 18% |
| Retained profit | € -63,181 | € -110,553 | € -154,968 | € -184,437 | ▼ € 29,469 |
| Bank debt | € 524,365 | € 470,000 | € 422,000 | € 422,000 | |
| Balance sheet total | € 928,973 | € 813,030 | € 812,587 | € 1,217,365 | ▲ 50% |
Key figures of VP TERRAE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to VP TERRAE?
What happened at VP TERRAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 29,469. Source: NBB ↗
- VP Invest BV became a director. NBB
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,475 loss in 2023 to € 29,469 loss in 2026.
Management
The stake of BUILDING GROUP, VP Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VP TERRAEBehind VP TERRAE is VP Invest BV. The shares are held by BUILDING GROUP (100%) and VP Invest (100%).
Directors
According to the 2026 annual accounts
Director · represented by Philippe Hoeck
Holds a stake via BUILDING GROUP
Also active at: PEETERS ALGEMENE SCHRIJNWERKERIJ, I.K.P., GreenMobility Gent, BUILDING GROUP, VTP, BUILDING RENOVATIONS
since 2020
Shareholders
BUILDING GROUP · holding of VP Invest BV
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Langestraat 99 box 3
2240 Zandhoven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →COVACO
€ 3.7 million gross margin · 2025
I.K.P. same network
€ 132,012 gross margin · 2025
MAURO
€ -1,788 gross margin · 2025
FINCOR
€ 26,812 gross margin · 2025
VP Invest same network
€ 354,181 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AUTOMATTIC - Automattic, Inc, US
Website info
Features
Security
Details
- Company number
- 0654.838.387
- VAT number
- BE 0654.838.387
- Registered office
- Langestraat 99 bus 3, 2240 Zandhoven
- Names & denominations
- VP TERRAE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2016
- Peppol
- Active · Active since 17 Oct 2025
- Contact
- covaco.be