VR@SEA is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”. Also registered: holding company. Public Limited, started on 29 January 2018, 1 establishment.

What is the address of VR@SEA?

The registered office of VR@SEA is located at Esserstraat(Z) 7, 8550 Zwevegem.

Is VR@SEA still active?

Yes. According to the CBE (29 October 2026) VR@SEA is active, legal situation “Normale toestand”, started on 29 January 2018.

Is VR@SEA registered on Peppol?

Yes, VR@SEA is registered on the Peppol network with ID 0208:0688992186.

What is the enterprise number of VR@SEA?

The enterprise number of VR@SEA is BE0688992186.

When was VR@SEA founded?

VR@SEA was founded on 29 January 2018.

Who are the directors of VR@SEA?

According to the 2025 annual accounts, the directors of VR@SEA are: CHR BV, PAUL TUMMERS, NATHALIE BLAUWBLOMME, IZAR BV, JEWE BV.

Is VR@SEA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 January 2018; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did VR@SEA make in 2025?

VR@SEA posted a profit after taxes of € 18,020 in financial year 2025.

What is the revenue of VR@SEA?

In its most recent annual accounts (2025), VR@SEA reported revenue of € 3,978,583.

How much does an employee at VR@SEA earn?

The average wage cost per full-time employee at VR@SEA was € 86,900 in 2025: staff costs of € 1.8 million for 21.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VR@SEA have?

According to the 2025 annual accounts, VR@SEA has 21.2 full-time equivalents (FTE).

VR@SEA (Public Limited) - Zwevegem - BE0688992186

Dossier VR@SEA, printed on 29 October 2026 from databakkes.be/en/0688992186/vr-sea. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

VR@SEA from Zwevegem, company number BE0688992186, closed financial year 2025 with a result of € 18,020 after tax. For that financial year VR@SEA recorded revenue of € 4 million and equity of € 10.2 million. Compared with financial year 2024, the result moved from € 20,450 to € 18,020. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.

What it is worth Growing

€ 10.2 million

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

Profit Healthy

€ 18,020

▼ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.1 million

▲ 29% 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 € 576,148.

People and assets in 2025

Full-time equivalents

21.2

▲ 5.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.8 million

▲ 38% vs 2024

€ 86,900 per full-time equivalent. 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

€ 133,629

▲ 44% vs 2024

Of which on lease € 129,514.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 130,221

▼ 91% vs 2024

€ 37,015 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 265,392

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.

Taxes and wages

€ 393,943

▲ 37% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 4,065,306 Revenue 2024: € 4,065,306 First fiscal year in the series	€ 3,978,583 Revenue 2025: € 3,978,583 ▼ 2% vs 2024 (€ 4,065,306) Unfavourable step	▼ 2%
Gross margin	€ 1,104,380 Gross margin 2022: € 1,104,380 First fiscal year in the series	€ 1,093,466 Gross margin 2023: € 1,093,466 ▼ 1% vs 2022 (€ 1,104,380) Unfavourable step	-	-
Profit after taxes	€ 75,649 Profit after taxes 2022: € 75,649 First fiscal year in the series	€ -6,886 Profit after taxes 2023: € -6,886 ▼ € 82,535 vs 2022 (€ 75,649) Unfavourable step	€ 20,450 Profit after taxes 2024: € 20,450 ▲ € 27,336 vs 2023 (€ -6,886) Favourable step	€ 18,020 Profit after taxes 2025: € 18,020 ▼ 12% vs 2024 (€ 20,450) Unfavourable step	▼ 12%
Equity	€ 10,194,565 Equity 2022: € 10,194,565 First fiscal year in the series	€ 10,187,679 Equity 2023: € 10,187,679 Unchanged (€ 10,194,565) Unfavourable step	€ 10,208,129 Equity 2024: € 10,208,129 Unchanged (€ 10,187,679) Favourable step	€ 10,226,148 Equity 2025: € 10,226,148 Unchanged (€ 10,208,129) Favourable step
Total debts	€ 14,725,484 Total debts 2022: € 14,725,484 First fiscal year in the series	€ 39,575,750 Total debts 2023: € 39,575,750 ▲ 169% vs 2022 (€ 14,725,484) Unfavourable step	€ 45,639,938 Total debts 2024: € 45,639,938 ▲ 15% vs 2023 (€ 39,575,750) Unfavourable step	€ 51,717,977 Total debts 2025: € 51,717,977 ▲ 13% vs 2024 (€ 45,639,938) Unfavourable step	▲ 13%
Cash	€ 319,559 Cash 2022: € 319,559 First fiscal year in the series	€ 13,821,591 Cash 2023: € 13,821,591 ▲ € 13.5 million vs 2022 (€ 319,559) Favourable step	€ 3,181,871 Cash 2024: € 3,181,871 ▼ 77% vs 2023 (€ 13,821,591) Unfavourable step	€ 4,104,588 Cash 2025: € 4,104,588 ▲ 29% vs 2024 (€ 3,181,871) Favourable step	▲ 29%
Retained profit	€ 544,565 Retained profit 2022: € 544,565 First fiscal year in the series	€ 537,679 Retained profit 2023: € 537,679 ▼ 1% vs 2022 (€ 544,565) Unfavourable step	€ 558,129 Retained profit 2024: € 558,129 ▲ 4% vs 2023 (€ 537,679) Favourable step	€ 576,148 Retained profit 2025: € 576,148 ▲ 3% vs 2024 (€ 558,129) Favourable step	▲ 3%
Bank debt	€ 8,530,878 Bank debt 2022: € 8,530,878 First fiscal year in the series	€ 1,684,242 Bank debt 2023: € 1,684,242 ▼ 80% vs 2022 (€ 8,530,878) Favourable step	€ 1,378,055 Bank debt 2024: € 1,378,055 ▼ 18% vs 2023 (€ 1,684,242) Favourable step	€ 130,221 Bank debt 2025: € 130,221 ▼ 91% vs 2024 (€ 1,378,055) Favourable step	▼ 91%
Balance sheet total	€ 24,920,049 Balance sheet total 2022: € 24,920,049 First fiscal year in the series	€ 49,763,429 Balance sheet total 2023: € 49,763,429 ▲ 100% vs 2022 (€ 24,920,049) Unchanged	€ 55,848,067 Balance sheet total 2024: € 55,848,067 ▲ 12% vs 2023 (€ 49,763,429) Unchanged	€ 61,944,125 Balance sheet total 2025: € 61,944,125 ▲ 11% vs 2024 (€ 55,848,067) Unchanged	▲ 11%
Employees (FTE)	11.3 Employees (FTE) 2022: 11.3 First fiscal year in the series	13.3 Employees (FTE) 2023: 13.3 ▲ 2 vs 2022 (11.3) Unchanged	16 Employees (FTE) 2024: 16 ▲ 2.7 vs 2023 (13.3) Unchanged	21.2 Employees (FTE) 2025: 21.2 ▲ 5.2 vs 2024 (16) Unchanged	▲ 5.2

Key figures of VR@SEA, 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 VR@SEA?

What happened at VR@SEA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 17, 2026 New annual accounts for financial year 2025: profit of € 18,020 (▼ 12% vs 2024). Source: NBB ↗
2026 NATHALIE BLAUWBLOMME stepped down as director. NBB
2026 IZAR BV stepped down as director. NBB
2026 JEWE BV stepped down as director. NBB
2025 PAUL TUMMERS stepped down as director. NBB
2025 IZAR BV became a director. NBB
2024 CHR BV became a director. NBB
2023 JEWE BV became a director. NBB

In short

From € 75,649 profit in 2022 to € 18,020 profit in 2025.

Paid € 90,303 in corporate taxes since 2022.

Best year ever: 2022, with € 75,649 profit.

On average € 82,200 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Virya Energy 100%

KORYS INVESTMENTS 70%

The stake of Virya Energy, KORYS INVESTMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VR@SEA

GEO GROUP 100%

Behind VR@SEA is CHR BV. The shares are held by Virya Energy (100%) and KORYS INVESTMENTS (70%). It owns 100% of GEO GROUP itself.

Directors

According to the 2025 annual accounts

CHR BV

Director · represented by PATRICK REYNTJENS

Also active at: GEOMETAL WORKS, Partimmo

since 2024

PAUL TUMMERS

Director

Also active at: FLUVES, Marlinks, Eoly Energy, Hyoffwind Infrastructure, Virya Corporate Services I, Virya H2, EUROWATT GREEN ENERGY GROUP, Virya Energy APAC +5 more

since 2021 · until 2025

NATHALIE BLAUWBLOMME

Director

Also active at: Nokere Sport, IMMO UNIQUM, SPS FIN, fleur bleue, ATITA

since 2021 · until 2026

IZAR BV

Director · represented by Paul Tummers

Also active at: FLUVES, Marlinks, Eoly Energy, Hyoffwind Infrastructure, Virya Corporate Services I, Virya H2, EUROWATT GREEN ENERGY GROUP, Virya Energy APAC +3 more

since 2025 · until 2026

JEWE BV

Director · represented by JAN WILLEM RUINEMANS

Also active at: Marlinks

since 2023 · until 2026

Shareholders

Virya Energy

100%

KORYS INVESTMENTS

70%

Participations

GEO GROUP

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Esserstraat(Z) 7

8550 Zwevegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

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€ 71.5 million revenue · 2025

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€ 585,309 gross margin · 2025

GEO GROUP same network

GEO AQUA

€ 6.1 million gross margin · 2025

DeepSync Invest

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

Details

Company number

0688.992.186

VAT number

BE 0688.992.186

Registered office

Esserstraat(Z) 7, 8550 Zwevegem

Names & denominations

VR@SEA

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 January 2018

Peppol

Active · Active since 21 Jan 2026

Activities · NACE

Overige zakelijke dienstverlening, neg

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

VR@SEA

Warning lights

Financials

What happened to VR@SEA?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions