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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VBO Projects from Beveren-Kruibeke-Zwijndrecht, company number BE0679624263, closed financial year 2025 with a result of € -12,549 after tax. For that financial year VBO Projects recorded a gross margin of € 44,169 and equity of € -25,387. Compared with financial year 2024, the result moved from € -11,514 to € -12,549. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ -25,387
▼ € 12,549 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,549
▼ 9 % more loss than in 2024
Profit after tax over the fiscal year.
€ 251
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37,787.
Debts at end 2025
€ 375,339
▼ 5% vs 2024
€ 22,572 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 14,617
▲ € 11,665 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,182
▼ 65% 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 | € 51,651 | € 57,283 | € 47,233 | € 44,169 | ▼ 6% |
| Profit after taxes | € 4,346 | € 10,854 | € -11,514 | € -12,549 | ▼ € 1,035 |
| Equity | € -12,178 | € -1,324 | € -12,838 | € -25,387 | ▼ € 12,549 |
| Total debts | € 562,332 | € 536,999 | € 565,038 | € 460,148 | ▼ 19% |
| Cash | € 1,443 | - | - | € 251 | |
| Land & buildings | € 514,485 | € 479,243 | € 444,002 | € 408,760 | ▼ 8% |
| Retained profit | € -24,578 | € -13,724 | € -25,238 | € -37,787 | ▼ € 12,549 |
| Bank debt | € 443,545 | € 417,708 | € 396,914 | € 375,339 | ▼ 5% |
| Balance sheet total | € 550,154 | € 535,676 | € 552,200 | € 434,761 | ▼ 21% |
Key figures of VBO Projects, 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 VBO Projects?
What happened at VBO Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,549. filed late Source: NBB ↗
- Olivier Van Broeck became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
In short
From € 4,346 profit in 2022 to € 12,549 loss in 2025.
Paid € 3,006 in corporate taxes since 2022.
Best year ever: 2023, with € 10,854 profit.
Management
Behind VBO Projects is Olivier Van Broeck.
Directors
According to the 2025 annual accounts
Olivier Van Broeck
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Grote Baan(MEL) 62
9120 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Olivier Van Broeck(oprichter) 100%
Details
- Company number
- 0679.624.263
- VAT number
- BE 0679.624.263
- Registered office
- Grote Baan(MEL) 62, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- VBO Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2017
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
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