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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VG-DESIGN from Ledegem, company number BE0746769445, closed financial year 2025 with a result of € 32,653 after tax. For that financial year VG-DESIGN recorded a gross margin of € 108,798 and equity of € 71,925. Compared with financial year 2024, the result moved from € 38,242 to € 32,653. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 71,925
▲ 83% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,653
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 11,302
▲ € 10,395 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 € 66,925.
People and assets in 2025
€ 59,373
▲ € 51,139 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 356,375
▲ 4% vs 2024
€ 23,246 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 22,869
Supplier invoices still open on the last day of the fiscal year.
€ 4,543
▲ 97% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 125,557 | € 20,668 | € 111,787 | € 108,798 | ▼ 3% |
| Profit after taxes | € 50,641 | € -45,863 | € 38,242 | € 32,653 | ▼ 15% |
| Equity | € 46,894 | € 1,031 | € 39,272 | € 71,925 | ▲ 83% |
| Total debts | € 156,640 | € 534,586 | € 533,506 | € 550,561 | ▲ 3% |
| Cash | € 18,939 | € 11,865 | € 906 | € 11,302 | ▲ € 10,395 |
| Land & buildings | - | € 434,076 | € 448,392 | € 448,505 | |
| Retained profit | € 41,894 | € -3,969 | € 34,272 | € 66,925 | ▲ 95% |
| Bank debt | € 58,006 | € 373,802 | € 344,223 | € 356,375 | ▲ 4% |
| Balance sheet total | € 203,533 | € 535,617 | € 572,779 | € 622,486 | ▲ 9% |
Key figures of VG-DESIGN, 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-DESIGN?
What happened at VG-DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,653 (▼ 15% vs 2024). Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,641 profit in 2022 to € 32,653 profit in 2025.
Paid € 20,021 in corporate taxes since 2022.
Best year ever: 2022, with € 50,641 profit.
Management
Behind VG-DESIGN is Glenn Vanoutryve.
Directors
According to the 2025 annual accounts
Glenn Vanoutryve
Director
Establishments
Establishment units
Physical locations of this company
't Lindeke 6
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Network
Details
- Company number
- 0746.769.445
- VAT number
- BE 0746.769.445
- Registered office
- 't Lindeke 6, 8880 Ledegem
- Names & denominations
- VG-DESIGN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2020
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- vg-design.be
- Activities · NACE
Schrijnwerk