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 4 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
V.G.H.B. from Zonhoven, company number BE0658742440, closed financial year 2025 with a result of € -92,198 after tax. For that financial year V.G.H.B. recorded a gross margin of € 157,145 and equity of € 794,020. Compared with financial year 2024, the result moved from € 433,102 to € -92,198. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 794,020
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -92,198
▼ still € 433,102 profit in 2024
Profit after tax over the fiscal year.
€ 739
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 775,420.
People and assets in 2025
€ 8,034
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▲ 72% vs 2024
€ 117,330 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 18,918
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,888
▼ 41% 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 | € 113,563 | € 309,033 | € 736,881 | € 157,145 | ▼ 79% |
| Profit after taxes | € -52,291 | € 68,086 | € 433,102 | € -92,198 | ▼ € 525,300 |
| Equity | € 385,031 | € 453,117 | € 886,219 | € 794,020 | ▼ 10% |
| Total debts | € 3,255,832 | € 2,328,773 | € 1,463,993 | € 2,447,639 | ▲ 67% |
| Cash | € 1,698 | € 644 | € 107,561 | € 739 | ▼ 99% |
| Land & buildings | € 1,993,298 | € 1,906,396 | € 1,956,548 | € 2,923,702 | ▲ 49% |
| Retained profit | € 366,431 | € 434,517 | € 867,619 | € 775,420 | ▼ 11% |
| Bank debt | € 3,147,007 | € 2,286,843 | € 1,299,195 | € 2,231,412 | ▲ 72% |
| Balance sheet total | € 3,658,647 | € 2,798,562 | € 2,473,043 | € 3,357,644 | ▲ 36% |
Key figures of V.G.H.B., 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 V.G.H.B.?
What happened at V.G.H.B. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 92,198 (▼ € 525,300 vs 2024). Source: NBB ↗
- Benoit Boes became a director. NBB
- New establishment in Zonhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,291 loss in 2022 to € 92,198 loss in 2025.
Paid € 15,543 in corporate taxes since 2022.
Best year ever: 2024, with € 433,102 profit.
Management
Behind V.G.H.B. is Benoit Boes. It owns 100% of Armalu itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Vrankenschansweg 36
3520 Zonhoven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0658.742.440
- VAT number
- BE 0658.742.440
- Registered office
- Vrankenschansweg 36, 3520 Zonhoven
- Names & denominations
- V.G.H.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2016
- Peppol
- Not registered