Active · per the CBE, 31 October 2026
V-PLEX logo

V-PLEX

BE0688847874

Rechtspersoon Private limited company 1 establishment

V-PLEX is a plastics manufacturer in Menen. Private Limited, started on 24 January 2018, 1 establishment.

Bruggestraat 590 A, 8930 Menen v-plex.be

Behind the company: Justin Vanbecelaere, Tiny Cools, Yves Vanbecelaere, Emiel Vanbecelaere.

Active for

8 year, 9 months

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 45 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

V-PLEX from Menen, company number BE0688847874, closed financial year 2025 with a result of € 28,452 after tax. For that financial year V-PLEX recorded a gross margin of € 98,439 and equity of € 86,678. Compared with financial year 2024, the result moved from € 21,954 to € 28,452. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Growing

€ 86,678

▲ 49% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 28,452

▲ 30% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 18,140

▲ 5% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 61,678.

People and assets in 2025

Wage cost

€ 6,015

▼ 70% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 88,037

▲ € 76,624 vs 2024

Of which on lease € 79,562.

Debts at end 2025

Bank debt ≈ 9 years to go

€ 425,874

▲ 9% vs 2024

€ 45,486 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 24,440

▲ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 10,342

▲ 51% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 105,910 € 169,501 € 107,441 € 98,439 ▼ 8%
Profit after taxes € -17,844 € 34,578 € 21,954 € 28,452 ▲ 30%
Equity € 1,694 € 36,272 € 58,226 € 86,678 ▲ 49%
Total debts € 628,663 € 547,820 € 483,593 € 515,412 ▲ 7%
Cash € 9,613 € 4,284 € 17,348 € 18,140 ▲ 5%
Land & buildings € 385,440 € 364,046 € 342,651 € 321,257 ▼ 6%
Retained profit € -23,306 € 11,272 € 33,226 € 61,678 ▲ 86%
Bank debt € 498,250 € 429,083 € 389,206 € 425,874 ▲ 9%
Balance sheet total € 630,357 € 584,091 € 541,819 € 602,090 ▲ 11%

Key figures of V-PLEX, 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-PLEX?

What happened at V-PLEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 28,452 (▲ 30% vs 2024). Source: NBB ↗
  • New establishment in Menen. KBO
  • Justin Vanbecelaere became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 17,844 loss in 2022 to € 28,452 profit in 2025.

Paid € 5,519 in corporate taxes since 2022.

Best year ever: 2023, with € 34,578 profit.

Management

Justin Vanbecelaere Tiny Cools Yves Vanbecelaere Emiel Vanbecelaere
V-PLEX

Behind V-PLEX are Justin Vanbecelaere, Tiny Cools, Yves Vanbecelaere and Emiel Vanbecelaere.

Directors

According to the 2025 annual accounts

Justin Vanbecelaere

Director

since 2018

Tiny Cools

Director

Yves Vanbecelaere

Director

Emiel Vanbecelaere

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Bruggestraat 590 A

8930 Menen

2.272.697.033

Krommebeekstraat 50 box A

8930 Menen

Active since 1 February 2018

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

ApacheContact Form 7Font AwesomeGoogle AnalyticsGoogle FontsIsotopeOwl CarouselPHPVarnishWPBakeryWooCommerceWordPressYoast SEOhCaptchajQuerylazysizes

Hosting & Email

Email provider

one.com Mail

Hosting

ONECOM, DK

Website info

HTTPS Ja
Languages NL
Copyright 2024

Features

Webshop Contact page

Security

✓ HTTPS
✗ SPF
✗ DMARC

Network

✓ IPv6

Details

Company number
0688.847.874
VAT number
BE 0688.847.874
Registered office
Bruggestraat 590 A, 8930 Menen
Names & denominations
V-PLEX
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 January 2018
Peppol
Active · Active since 11 Dec 2025
Contact
v-plex.be
Activities · NACE

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Frequently asked questions

What does V-PLEX do?
V-PLEX is a plastics manufacturer in Menen. Private Limited, started on 24 January 2018, 1 establishment.
What is the address of V-PLEX?
The registered office of V-PLEX is located at Bruggestraat 590 A, 8930 Menen.
Is V-PLEX still active?
Yes. According to the CBE (31 October 2026) V-PLEX is active, legal situation “Normale toestand”, started on 24 January 2018.
Is V-PLEX registered on Peppol?
Yes, V-PLEX is registered on the Peppol network with ID 0208:0688847874.
What is the enterprise number of V-PLEX?
The enterprise number of V-PLEX is BE0688847874.
When was V-PLEX founded?
V-PLEX was founded on 24 January 2018.