Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VG CONNECTIONS from Oostrozebeke, company number BE0731747412, closed financial year 2025 with a result of € 44,701 after tax. For that financial year VG CONNECTIONS recorded revenue of € 472,634 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 328,149 to € 44,701. The company is profitable. 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 August 20, 2026.
€ 2.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,701
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 204,407
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 445,837
Of which on lease € 445,837.
Debts at end 2025
€ 359,111
€ 158,669 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 42,455
▲ € 32,123 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 2,367
▼ 47% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,210,000 | € 1,135,571 | € 964,622 | € 472,634 | ▼ 51% |
| Profit after taxes | € 876,882 | € 708,153 | € 328,149 | € 44,701 | ▼ 86% |
| Equity | € 2,792,732 | € 2,790,885 | € 2,789,034 | € 2,788,735 | |
| Total debts | € 1,075,511 | € 3,031,559 | € 2,956,457 | € 1,387,721 | ▼ 53% |
| Cash | € 409,994 | € 819,423 | € 212,752 | € 204,407 | ▼ 4% |
| Retained profit | € 1,233,992 | € 1,232,145 | € 1,230,294 | € 1,229,995 | |
| Dividend | € 775,000 | € 710,000 | € 330,000 | € 45,000 | ▼ 86% |
| Bank debt | € 0 | € 0 | € 0 | € 359,111 | |
| Balance sheet total | € 3,868,243 | € 5,822,444 | € 5,745,491 | € 4,176,456 | ▼ 27% |
Key figures of VG CONNECTIONS, 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 VG CONNECTIONS?
What happened at VG CONNECTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,701 (▼ 86% vs 2024). filed late Source: NBB ↗
- New establishment in Oostrozebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 876,882 profit in 2022 to € 44,701 profit in 2025.
Paid € 3,326 in corporate taxes since 2022.
Best year ever: 2022, with € 876,882 profit.
Paid out € 1.9 million in dividends to the owners in total.
Management
Behind VG CONNECTIONS are Makin'Memories NV and VG Solutions BV. It owns 100% of Vangaever and 50% of Helicat itself.
Directors
According to the 2025 annual accounts
Director · represented by Luc Vangaever
Also active at: VANGAEVER, MAKIN'MEMORIES, VG REAL ESTATE, BRUSSELS PORT, BTV REAL ESTATE, HELICAT
Establishments
Establishment units
Physical locations of this company
Elshoutstraat 16
8780 Oostrozebeke
Waterstraat 3
8780 Oostrozebeke
Active since 16 July 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0731.747.412
- VAT number
- BE 0731.747.412
- Registered office
- Elshoutstraat 16, 8780 Oostrozebeke
- Names & denominations
- VG CONNECTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2019
- Peppol
- Active · Active since 23 Jun 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw