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.
€ 10.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,020
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 4.1 million
▲ 29% 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 € 576,148.
People and assets in 2025
21.2
▲ 5.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 133,629
▲ 44% vs 2024
Of which on lease € 129,514.
Debts at end 2025
€ 130,221
▼ 91% vs 2024
€ 37,015 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 265,392
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 393,943
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 4,065,306 | € 3,978,583 | ▼ 2% |
| Gross margin | € 1,104,380 | € 1,093,466 | - | - | |
| Profit after taxes | € 75,649 | € -6,886 | € 20,450 | € 18,020 | ▼ 12% |
| Equity | € 10,194,565 | € 10,187,679 | € 10,208,129 | € 10,226,148 | |
| Total debts | € 14,725,484 | € 39,575,750 | € 45,639,938 | € 51,717,977 | ▲ 13% |
| Cash | € 319,559 | € 13,821,591 | € 3,181,871 | € 4,104,588 | ▲ 29% |
| Retained profit | € 544,565 | € 537,679 | € 558,129 | € 576,148 | ▲ 3% |
| Bank debt | € 8,530,878 | € 1,684,242 | € 1,378,055 | € 130,221 | ▼ 91% |
| Balance sheet total | € 24,920,049 | € 49,763,429 | € 55,848,067 | € 61,944,125 | ▲ 11% |
| Employees (FTE) | 11.3 | 13.3 | 16 | 21.2 | ▲ 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:
- New annual accounts for financial year 2025: profit of € 18,020 (▼ 12% vs 2024). Source: NBB ↗
- NATHALIE BLAUWBLOMME stepped down as director. NBB
- IZAR BV stepped down as director. NBB
- JEWE BV stepped down as director. NBB
- PAUL TUMMERS stepped down as director. NBB
- IZAR BV became a director. NBB
- CHR BV became a director. NBB
- 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.
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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 Virya Energy comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VR@SEABehind VR@SEA is CHR BV. The shares are held by Virya Energy (100%). It owns 100% of GEO GROUP itself.
Directors
According to the 2025 annual accounts
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
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
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
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 →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