Financials
Financial year 2025
VGS from Lokeren, company number BE0696627670, closed financial year 2025 with a result of € -25,571 after tax. For that financial year VGS recorded a gross margin of € 63,000 and equity of € 79,641. Compared with financial year 2024, the result moved from € 13,492 to € -25,571. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 79,641
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,571
▼ still € 13,492 profit in 2024
Profit after tax over the fiscal year.
€ 19,049
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -359.
People and assets in 2025
€ 8,186
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 621,836
▲ € 504,503 vs 2024
€ 32,000 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 7,137
▲ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,139 | € 51,632 | € 58,471 | € 63,000 | ▲ 8% |
| Profit after taxes | € -1,702 | € 7,869 | € 13,492 | € -25,571 | ▼ € 39,063 |
| Equity | € 83,851 | € 91,720 | € 105,212 | € 79,641 | ▼ 24% |
| Total debts | € 305,896 | € 286,181 | € 240,948 | € 639,547 | ▲ 165% |
| Cash | € 7,567 | € 13,214 | € 27,342 | € 19,049 | ▼ 30% |
| Land & buildings | € 312,487 | € 294,724 | € 278,237 | € 658,498 | ▲ 137% |
| Retained profit | € 3,851 | € 11,720 | € 25,212 | € -359 | ▼ € 25,571 |
| Bank debt | € 196,011 | € 149,333 | € 117,333 | € 621,836 | ▲ € 504,503 |
| Balance sheet total | € 389,746 | € 377,901 | € 346,160 | € 719,187 | ▲ 108% |
Key figures of VGS, 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 VGS?
What happened at VGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,571 (▼ € 39,063 vs 2024). Source: NBB ↗
- Ignace Van Gaeveren became a director. NBB
- Stefanie Van Steen became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,702 loss in 2022 to € 25,571 loss in 2025.
Paid € 8,329 in corporate taxes since 2022.
Best year ever: 2024, with € 13,492 profit.
A new publication or filing at VGS? We notify you, reason included.
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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
Behind VGS are Ignace Van Gaeveren and Stefanie Van Steen. Ignace Van Gaeveren is also behind PONTWEG.
Directors
According to the 2025 annual accounts
since 2020
Stefanie Van Steen
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Uitbreidingslaan 14
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0696.627.670
- VAT number
- BE 0696.627.670
- Registered office
- Uitbreidingslaan 14, 9160 Lokeren
- Names & denominations
- VGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2018
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van holdings
Bouwrijp maken van terreinen
Vervaardiging van vuurvaste producten
Terugwinning van materialen uit afval
Sloop van wrakken
Holdings