What does Vendis Capital III do?

Vendis Capital III is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Limited partnership, started on 21 June 2019, 1 establishment.

What is the address of Vendis Capital III?

The registered office of Vendis Capital III is located at Jan Mommaertslaan 22, 1831 Machelen (Brab.).

Is Vendis Capital III still active?

Yes. According to the CBE (29 October 2026) Vendis Capital III is active, legal situation “Normale toestand”, started on 21 June 2019.

Is Vendis Capital III registered on Peppol?

Yes, Vendis Capital III is registered on the Peppol network with ID 0208:0728763176.

What is the enterprise number of Vendis Capital III?

The enterprise number of Vendis Capital III is BE0728763176.

When was Vendis Capital III founded?

Vendis Capital III was founded on 21 June 2019.

Who are the directors of Vendis Capital III?

According to the 2025 annual accounts, the directors of Vendis Capital III are: V3 GP CommV.

Is Vendis Capital III a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 June 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Vendis Capital III make in 2025?

Vendis Capital III recorded a loss after taxes of € 34,894,541 in financial year 2025.

What is the revenue of Vendis Capital III?

As a small company, Vendis Capital III is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -4,734,476.

Vendis Capital III - Machelen (Brab.) - BE0728763176

Dossier Vendis Capital III, printed on 29 October 2026 from databakkes.be/en/0728763176/vendis-capital-iii. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Busy address KBO

32 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Vendis Capital III from Machelen (Brab.), company number BE0728763176, closed financial year 2025 with a result of € -34.9 million after tax. For that financial year Vendis Capital III recorded a gross margin of € -4.7 million and equity of € 214.4 million. Compared with financial year 2024, the result moved from € -22.5 million to € -34.9 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.

What it is worth Healthy

€ 214.4 million

▼ 12% vs 2024

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

Loss Caution

€ -34.9 million

▼ 55 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.2 million

▼ 38% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -83.6 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 32,797

▼ 65% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -6,447,708 Gross margin 2022: € -6,447,708 First fiscal year in the series	€ -6,448,903 Gross margin 2023: € -6,448,903 Unchanged (€ -6,447,708) Unfavourable step	€ -4,855,583 Gross margin 2024: € -4,855,583 ▲ € 1.6 million vs 2023 (€ -6,448,903) Favourable step	€ -4,734,476 Gross margin 2025: € -4,734,476 ▲ € 121,106 vs 2024 (€ -4,855,583) Favourable step	▲ € 121,106
Profit after taxes	€ -5,314,306 Profit after taxes 2022: € -5,314,306 First fiscal year in the series	€ -5,222,508 Profit after taxes 2023: € -5,222,508 ▲ € 91,798 vs 2022 (€ -5,314,306) Favourable step	€ -22,460,054 Profit after taxes 2024: € -22,460,054 ▼ € 17.2 million vs 2023 (€ -5,222,508) Unfavourable step	€ -34,894,541 Profit after taxes 2025: € -34,894,541 ▼ € 12.4 million vs 2024 (€ -22,460,054) Unfavourable step	▼ € 12.4 million
Equity	€ 163,255,377 Equity 2022: € 163,255,377 First fiscal year in the series	€ 211,960,042 Equity 2023: € 211,960,042 ▲ 30% vs 2022 (€ 163,255,377) Favourable step	€ 243,187,309 Equity 2024: € 243,187,309 ▲ 15% vs 2023 (€ 211,960,042) Favourable step	€ 214,424,649 Equity 2025: € 214,424,649 ▼ 12% vs 2024 (€ 243,187,309) Unfavourable step	▼ 12%
Total debts	€ 635,571 Total debts 2022: € 635,571 First fiscal year in the series	€ 144,449 Total debts 2023: € 144,449 ▼ 77% vs 2022 (€ 635,571) Favourable step	€ 196,942 Total debts 2024: € 196,942 ▲ 36% vs 2023 (€ 144,449) Unfavourable step	€ 147,816 Total debts 2025: € 147,816 ▼ 25% vs 2024 (€ 196,942) Favourable step	▼ 25%
Cash	€ 2,049,833 Cash 2022: € 2,049,833 First fiscal year in the series	€ 13,318,419 Cash 2023: € 13,318,419 ▲ € 11.3 million vs 2022 (€ 2,049,833) Favourable step	€ 3,584,138 Cash 2024: € 3,584,138 ▼ 73% vs 2023 (€ 13,318,419) Unfavourable step	€ 2,226,779 Cash 2025: € 2,226,779 ▼ 38% vs 2024 (€ 3,584,138) Unfavourable step	▼ 38%
Retained profit	€ -21,017,158 Retained profit 2022: € -21,017,158 First fiscal year in the series	€ -26,239,666 Retained profit 2023: € -26,239,666 ▼ € 5.2 million vs 2022 (€ -21,017,158) Unfavourable step	€ -48,699,719 Retained profit 2024: € -48,699,719 ▼ € 22.5 million vs 2023 (€ -26,239,666) Unfavourable step	€ -83,594,260 Retained profit 2025: € -83,594,260 ▼ € 34.9 million vs 2024 (€ -48,699,719) Unfavourable step	▼ € 34.9 million
Balance sheet total	€ 163,890,948 Balance sheet total 2022: € 163,890,948 First fiscal year in the series	€ 212,104,491 Balance sheet total 2023: € 212,104,491 ▲ 29% vs 2022 (€ 163,890,948) Unchanged	€ 243,384,252 Balance sheet total 2024: € 243,384,252 ▲ 15% vs 2023 (€ 212,104,491) Unchanged	€ 214,572,465 Balance sheet total 2025: € 214,572,465 ▼ 12% vs 2024 (€ 243,384,252) Unchanged	▼ 12%

Key figures of Vendis Capital III, 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 Vendis Capital III?

What happened at Vendis Capital III in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 27, 2026 New annual accounts for financial year 2025: loss of € 34.9 million. Source: NBB ↗
Jun 21, 2019 New establishment in Machelen (Brab.). KBO
Jun 21, 2019 Start of the company according to the CBE. KBO

In short

From € 5.3 million loss in 2022 to € 34.9 million loss in 2025.

Original PDFs at the National Bank ↗

Management

BELGENEXT 1%

V3 GP 0%

The stake of BELGENEXT, V3 GP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Vendis Capital III

Green Gut Beteiligungs 100%

V3 Finance 100%

Green Gut Komplementär 100%

GCF 90%

+15

Behind Vendis Capital III is V3 GP CommV. The shares are held by BELGENEXT (1%) and V3 GP (0%). It owns 100% of Green Gut Beteiligungs, 100% of V3 Finance, 100% of Green Gut Komplementär, 90% of GCF, 84.4% of Silver Care and 76.1% of Silver Care Management itself.

Directors

According to the 2025 annual accounts

V3 GP CommV

Director · represented by Cedric Olbrechts

Shareholders

BELGENEXT

V3 GP

Participations

Green Gut Beteiligungs

100%

V3 Finance

100%

Green Gut Komplementär

100%

GCF

90%

Silver Care

84.4%

Silver Care Management

76.1%

MCW Beteiligungs

70%

MCW Komplentär

70%

D&F Holding

69.4%

Skins Enterprises

69%

PG Management

66.5%

MCW Invest

65.8%

Surprise Holding Management

65%

Pokawa SAS

60%

PG Acquisition Holding

60%

Green Gut Holding

52.4%

House of Discs Topco AS

49.5%

GCF Management

15%

Skins Cosmetics Management

0.4%

Establishments

Establishment units

Physical locations of this company

Registered office

Jan Mommaertslaan 22

1831 Machelen (Brab.)

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.

All companies at this address →

VLAAMSE BEDRIJFSDATABANK

NET FUND EUROPE

€ 25.4 million gross margin · 2025

VENDIS CAPITAL MANAGEMENT

€ 4.9 million gross margin · 2024

VENDIS CAPITAL II

€ 268,012 revenue · 2025

VENDIS CAPITAL INVESTMENT POOL

€ -7,967 gross margin · 2025

+27 more

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

Details

Company number: 0728.763.176
VAT number: BE 0728.763.176
Registered office: Jan Mommaertslaan 22, 1831 Machelen (Brab.)
Names & denominations: Vendis Capital III
Enterprise type: Rechtspersoon
Legal form: Limited partnership
Legal situation: Normale toestand
Start date: 21 June 2019
Peppol: Active · Active since 19 Dec 2025
Activities · NACE: Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

Vendis Capital III

Warning lights

Financials

What happened to Vendis Capital III?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions