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 9 % 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
VASTO from Avelgem, company number BE0667916957, closed financial year 2025 with a result of € 3,463 after tax. For that financial year VASTO recorded a gross margin of € 18,548 and equity of € 108,884. Compared with financial year 2024, the result moved from € 402 to € 3,463. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 108,884
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,463
▲ € 3,062 vs 2024
Profit after tax over the fiscal year.
€ 16,477
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4,729.
Debts at end 2025
€ 11,111
▼ 60% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,304 | € 15,676 | € 15,385 | € 18,548 | ▲ 21% |
| Profit after taxes | € 4,433 | € 898 | € 402 | € 3,463 | ▲ € 3,062 |
| Equity | € 104,121 | € 105,019 | € 105,420 | € 108,884 | ▲ 3% |
| Total debts | € 205,426 | € 204,015 | € 197,727 | € 187,387 | ▼ 5% |
| Cash | € 11,798 | € 17,360 | € 17,525 | € 16,477 | ▼ 6% |
| Land & buildings | € 296,658 | € 290,459 | € 284,259 | € 278,060 | ▼ 2% |
| Retained profit | € -9,492 | € -8,594 | € -8,193 | € -4,729 | ▲ € 3,463 |
| Bank debt | € 61,111 | € 44,444 | € 27,778 | € 11,111 | ▼ 60% |
| Balance sheet total | € 309,547 | € 309,033 | € 303,148 | € 296,271 | ▼ 2% |
Key figures of VASTO, 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 VASTO?
What happened at VASTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,463 (▲ € 3,062 vs 2024). Source: NBB ↗
- PIETER KINDT became a director. NBB
- GEERT VANDAMME became a director. NBB
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,433 profit in 2022 to € 3,463 profit in 2025.
Best year ever: 2022, with € 4,433 profit.
Management
The stake of IPPES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VASTOBehind VASTO are PIETER KINDT and GEERT VANDAMME. The shares are held by IPPES (68%).
Establishments
Establishment units
Physical locations of this company
Toekomststraat 10
8580 Avelgem
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
- 0667.916.957
- VAT number
- BE 0667.916.957
- Registered office
- Toekomststraat 10, 8580 Avelgem
- Names & denominations
- VASTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2016
- Peppol
- Not registered