Financials
Financial year 2025
V1 from Sint-Martens-Latem, company number BE0678756906, closed financial year 2025 with a result of € 48,480 after tax. For that financial year V1 recorded a gross margin of € 785,823 and equity of € 692,714. Compared with financial year 2024, the result moved from € 281,812 to € 48,480. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 692,714
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,480
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 29,145
▲ € 26,741 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 € 674,114.
People and assets in 2025
€ 19,154
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 67% vs 2024
€ 35,044 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 74,114
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,900
▼ 75% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 314,760 | € 338,207 | € 606,669 | € 785,823 | ▲ 30% |
| Profit after taxes | € 194,492 | € 110,345 | € 281,812 | € 48,480 | ▼ 83% |
| Equity | € 324,426 | € 445,170 | € 726,982 | € 692,714 | ▼ 5% |
| Total debts | € 2,593,921 | € 3,618,493 | € 4,231,604 | € 1,268,563 | ▼ 70% |
| Cash | € 40,700 | € 11,863 | € 2,404 | € 29,145 | ▲ € 26,741 |
| Land & buildings | € 297,032 | € 1,157,513 | € 1,130,766 | € 944,267 | ▼ 16% |
| Retained profit | € 305,826 | € 341,234 | € 625,634 | € 674,114 | ▲ 8% |
| Dividend | € 0 | € 75,000 | € 0 | € 0 | |
| Bank debt | € 2,477,766 | € 2,489,432 | € 3,498,685 | € 1,158,104 | ▼ 67% |
| Balance sheet total | € 2,918,346 | € 4,063,664 | € 4,958,586 | € 1,961,277 | ▼ 60% |
Key figures of V1, 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 V1?
What happened at V1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,480 (▼ 83% vs 2024). Source: NBB ↗
- Number One became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 194,492 profit in 2022 to € 48,480 profit in 2025.
Paid € 247,923 in corporate taxes since 2022.
Best year ever: 2024, with € 281,812 profit.
Paid out € 75,000 in dividends to the owners in total.
A new publication or filing at V1? We notify you, reason included.
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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
Management
The stake of NUMBER ONE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
V1Behind V1 is Number One. The shares are held by NUMBER ONE (50%). It owns 50% of Etablissements Charles De Waegenaere itself.
Directors
According to the 2025 annual accounts
Director · represented by David Verhofstadt
Also active at: Etablissements Charles De Waegenaere
since 2024
Shareholders
50%
Participations
Establishments
Establishment units
Physical locations of this company
Warandedreef 7
9831 Sint-Martens-Latem
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
- 0678.756.906
- VAT number
- BE 0678.756.906
- Registered office
- Warandedreef 7, 9831 Sint-Martens-Latem
- Names & denominations
- V1
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2017
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
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