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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VPNK from Bouillon, company number BE0655977544, closed financial year 2025 with a result of € 20,610 after tax. For that financial year VPNK recorded a gross margin of € 64,732 and equity of € 50,223. Compared with financial year 2024, the result moved from € -20,465 to € 20,610. Profitable, and profit is growing. 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 May 29, 2026.
€ 50,223
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,610
▲ still € 20,465 loss in 2024
Profit after tax over the fiscal year.
€ 58,080
▲ 145% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,000 paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 35,386
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 219,870
▼ 10% vs 2024
€ 27,216 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 10,487
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,019
▲ € 866 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 | € 227 | € 88,580 | € 22,057 | € 64,732 | ▲ 193% |
| Profit after taxes | € -39,515 | € 44,110 | € -20,465 | € 20,610 | ▲ € 41,075 |
| Equity | € 65,967 | € 95,077 | € 48,613 | € 50,223 | ▲ 3% |
| Total debts | € 255,991 | € 252,337 | € 350,545 | € 306,012 | ▼ 13% |
| Cash | € 15,670 | € 67,756 | € 23,745 | € 58,080 | ▲ 145% |
| Land & buildings | € 252,664 | € 246,717 | € 232,919 | € 219,120 | ▼ 6% |
| Retained profit | € 59,767 | € 88,877 | € 42,413 | € 44,023 | ▲ 4% |
| Dividend | € 0 | € 15,000 | € 26,000 | € 19,000 | ▼ 27% |
| Bank debt | € 222,876 | € 199,123 | € 245,098 | € 219,870 | ▼ 10% |
| Balance sheet total | € 321,958 | € 347,414 | € 399,157 | € 356,235 | ▼ 11% |
Key figures of VPNK, 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 April 2027.
What happened to VPNK?
What happened at VPNK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,610. filed late Source: NBB ↗
- New establishment in Paliseul. KBO
- Vanessa KINET became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 39,515 loss in 2022 to € 20,610 profit in 2025.
Paid € 6,884 in corporate taxes since 2022.
Best year ever: 2023, with € 44,110 profit.
Paid out € 60,000 in dividends to the owners in total.
Management
Behind VPNK is Vanessa KINET.
Directors
According to the 2025 annual accounts
Vanessa KINET
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Rue des Champs Touaux,Dohan 10
6836 Bouillon
Rue Saint-Hubert,Plainevaux 37
6851 Paliseul
Active since 7 June 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0655.977.544
- VAT number
- BE 0655.977.544
- Registered office
- Rue des Champs Touaux,Dohan 10, 6836 Bouillon
- Names & denominations
- VPNK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2016
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Overige recreatie- en ontspanningsactiviteiten, neg
Organisatie van congressen en beurzen
Activiteiten van kuuroorden, sauna’s en stoombaden
Activiteiten van huisartspraktijken
Detailhandel in houten bouw- en tuinmaterialen
Sauna's, solaria, baden enz.