What does VSB Group do?

VSB Group is a courier company in Koekelare. Private Limited, started on 31 October 2018, 1 establishment.

What is the address of VSB Group?

The registered office of VSB Group is located at Westmeetstraat 46 box .000A, 8680 Koekelare.

Is VSB Group still active?

Yes. According to the CBE (30 October 2026) VSB Group is active, legal situation “Normale toestand”, started on 31 October 2018.

Is VSB Group registered on Peppol?

Yes, VSB Group is registered on the Peppol network with ID 0208:0712776289.

What is the enterprise number of VSB Group?

The enterprise number of VSB Group is BE0712776289.

When was VSB Group founded?

VSB Group was founded on 31 October 2018.

Who are the directors of VSB Group?

According to the 2025 annual accounts, the directors of VSB Group are: Jean-Claude Van Severen.

Is VSB Group a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 October 2018; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VSB Group make in 2025?

VSB Group posted a profit after taxes of € 31,371 in financial year 2025.

What is the revenue of VSB Group?

As a small company, VSB Group is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 45,259.

VSB Group (Private Limited) - Koekelare - BE0712776289

Dossier VSB Group, printed on 30 October 2026 from databakkes.be/en/0712776289/vsb-group. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VSB Group from Koekelare, company number BE0712776289, closed financial year 2025 with a result of € 31,371 after tax. For that financial year VSB Group recorded a gross margin of € 45,259 and equity of € -42,903. Compared with financial year 2024, the result moved from € 14,580 to € 31,371. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Caution

€ -42,903

▲ € 16,371 vs 2024

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

Profit Growing

€ 31,371

▲ 115% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 375

▼ 82% vs 2024

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

Where the profit goes Pays out

€ 15,000 paid out

48 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 2,522

▼ 57% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 19 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.

€ 52,340

▼ 15% vs 2024

€ 2,696 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.

Owed to suppliers

€ 12,570

▲ 14% vs 2024

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

Taxes

€ 3,774

▼ 40% 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)
	2021	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,284 Gross margin 2021: € 2,284 First fiscal year in the series	€ 13,597 Gross margin 2023: € 13,597 ▲ € 11,313 vs 2021 (€ 2,284) Favourable step	€ 31,078 Gross margin 2024: € 31,078 ▲ 129% vs 2023 (€ 13,597) Favourable step	€ 45,259 Gross margin 2025: € 45,259 ▲ 46% vs 2024 (€ 31,078) Favourable step	▲ 46%
Profit after taxes	€ -24,579 Profit after taxes 2021: € -24,579 First fiscal year in the series	€ 4,232 Profit after taxes 2023: € 4,232 ▲ € 28,810 vs 2021 (€ -24,579) Favourable step	€ 14,580 Profit after taxes 2024: € 14,580 ▲ 245% vs 2023 (€ 4,232) Favourable step	€ 31,371 Profit after taxes 2025: € 31,371 ▲ 115% vs 2024 (€ 14,580) Favourable step	▲ 115%
Equity	€ -55,728 Equity 2021: € -55,728 First fiscal year in the series	€ -59,854 Equity 2023: € -59,854 ▼ € 4,126 vs 2021 (€ -55,728) Unfavourable step	€ -59,274 Equity 2024: € -59,274 ▲ € 580 vs 2023 (€ -59,854) Favourable step	€ -42,903 Equity 2025: € -42,903 ▲ € 16,371 vs 2024 (€ -59,274) Favourable step	▲ € 16,371
Total debts	€ 86,942 Total debts 2021: € 86,942 First fiscal year in the series	€ 99,957 Total debts 2023: € 99,957 ▲ 15% vs 2021 (€ 86,942) Unfavourable step	€ 91,657 Total debts 2024: € 91,657 ▼ 8% vs 2023 (€ 99,957) Favourable step	€ 86,415 Total debts 2025: € 86,415 ▼ 6% vs 2024 (€ 91,657) Favourable step	▼ 6%
Cash	€ 479 Cash 2021: € 479 First fiscal year in the series	€ 1,698 Cash 2023: € 1,698 ▲ 255% vs 2021 (€ 479) Favourable step	€ 2,097 Cash 2024: € 2,097 ▲ 24% vs 2023 (€ 1,698) Favourable step	€ 375 Cash 2025: € 375 ▼ 82% vs 2024 (€ 2,097) Unfavourable step	▼ 82%
Retained profit	€ -61,928 Retained profit 2021: € -61,928 First fiscal year in the series	€ -66,054 Retained profit 2023: € -66,054 ▼ € 4,126 vs 2021 (€ -61,928) Unfavourable step	€ -65,474 Retained profit 2024: € -65,474 ▲ € 580 vs 2023 (€ -66,054) Favourable step	€ -49,103 Retained profit 2025: € -49,103 ▲ € 16,371 vs 2024 (€ -65,474) Favourable step	▲ € 16,371
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 14,000 Dividend 2024: € 14,000 Unchanged (€ 0) Unchanged	€ 15,000 Dividend 2025: € 15,000 ▲ 7% vs 2024 (€ 14,000) Unchanged	▲ 7%
Bank debt	€ 63,885 Bank debt 2021: € 63,885 First fiscal year in the series	€ 72,429 Bank debt 2023: € 72,429 ▲ 13% vs 2021 (€ 63,885) Unfavourable step	€ 61,774 Bank debt 2024: € 61,774 ▼ 15% vs 2023 (€ 72,429) Favourable step	€ 52,340 Bank debt 2025: € 52,340 ▼ 15% vs 2024 (€ 61,774) Favourable step	▼ 15%
Balance sheet total	€ 31,214 Balance sheet total 2021: € 31,214 First fiscal year in the series	€ 40,103 Balance sheet total 2023: € 40,103 ▲ 28% vs 2021 (€ 31,214) Unchanged	€ 32,383 Balance sheet total 2024: € 32,383 ▼ 19% vs 2023 (€ 40,103) Unchanged	€ 43,512 Balance sheet total 2025: € 43,512 ▲ 34% vs 2024 (€ 32,383) Unchanged	▲ 34%

Key figures of VSB Group, fiscal years 2021 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 VSB Group?

What happened at VSB Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 31,371 (▲ 115% vs 2024). filed late Source: NBB ↗
Oct 31, 2018 New establishment in Koekelare. KBO
2018 Jean-Claude Van Severen became a director. NBB
Oct 31, 2018 Start of the company according to the CBE. KBO

In short

From € 24,579 loss in 2021 to € 31,371 profit in 2025.

Paid € 99 in corporate taxes since 2021.

Best year ever: 2025, with € 31,371 profit.

Paid out € 29,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Jean-Claude Van Severen

VSB Group

Behind VSB Group is Jean-Claude Van Severen.

Directors

According to the 2025 annual accounts

Jean-Claude Van Severen

Director

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Westmeetstraat 46 box .000A

8680 Koekelare

2.284.197.966

Westmeetstraat 46 box a

8680 Koekelare

Active since 31 October 2018

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

Details

Company number

0712.776.289

VAT number

BE 0712.776.289

Registered office

Westmeetstraat 46 bus .000A, 8680 Koekelare

Names & denominations

VSB Group

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

31 October 2018

Peppol

Active · Active since 25 Sept 2025

Contact

[email protected]

Activities · NACE

Overige posterijen en koeriers

Overige werkzaamheden in verband met de afwerking van gebouwen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Postdiensten in het kader van de universele dienstverplichting

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

VSB Group

Warning lights

Financials

What happened to VSB Group?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions