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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VAG HOLDING from Turnhout, company number BE0685982515, closed financial year 2025 with a result of € 423,363 after tax. For that financial year VAG HOLDING recorded a gross margin of € -2,011 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 451,101 to € 423,363. The company is profitable. 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 December 23, 2025.
€ 3.9 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 423,363
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 101,088
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 28,572 paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 1.6 million
▼ 11% vs 2024
€ 157,728 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 8,570
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 | € -8,092 | € -1,844 | € -2,727 | € -2,011 | ▲ € 716 |
| Profit after taxes | € 137,792 | € 366,206 | € 451,101 | € 423,363 | ▼ 6% |
| Equity | € 2,715,447 | € 3,081,653 | € 3,532,754 | € 3,927,545 | ▲ 11% |
| Total debts | € 2,192,700 | € 2,042,824 | € 1,777,644 | € 1,613,881 | ▼ 9% |
| Cash | € 27,798 | € 16,663 | € 71,429 | € 101,088 | ▲ 42% |
| Retained profit | € 495,171 | € 861,377 | € 1,312,478 | € 1,707,269 | ▲ 30% |
| Dividend | € 0 | € 0 | € 0 | € 28,572 | |
| Bank debt | € 2,192,700 | € 2,042,824 | € 1,777,554 | € 1,585,311 | ▼ 11% |
| Balance sheet total | € 4,908,147 | € 5,124,477 | € 5,310,398 | € 5,541,426 | ▲ 4% |
Key figures of VAG HOLDING, 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 January 2027.
What happened to VAG HOLDING?
What happened at VAG HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 423,363 (▼ 6% vs 2024). Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 137,792 profit in 2022 to € 423,363 profit in 2025.
Best year ever: 2024, with € 451,101 profit.
Paid out € 28,572 in dividends to the owners in total.
Management
Behind VAG HOLDING is Kris Vangeel. It owns 100% of VAG and 100% of VANGEEL itself.
Directors
According to the 2025 annual accounts
Kris Vangeel
Director
Establishments
Establishment units
Physical locations of this company
Steenweg op Gierle 228
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0685.982.515
- VAT number
- BE 0685.982.515
- Registered office
- Steenweg op Gierle 228, 2300 Turnhout
- Names & denominations
- VAG HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2017
- Peppol
- Not registered