Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VPK FINANCE from Aalst, company number BE0752756721, closed financial year 2025 with a result of € 5 million after tax. For that financial year VPK FINANCE recorded a gross margin of € -3,265 and equity of € 10.4 million. Compared with financial year 2024, the result moved from € 12.1 million to € 5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 10.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5 million
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 7,899
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
99 % of the profit went to the shareholders, mostly to VPK Group NV (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 998
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,291 | € -4,510 | € -8,715 | € -3,265 | ▲ € 5,451 |
| Profit after taxes | € 24,558,541 | € 7,772,660 | € 12,147,565 | € 5,035,034 | ▼ 59% |
| Equity | € 10,397,999 | € 10,170,659 | € 10,318,224 | € 10,353,257 | |
| Total debts | € 24,500,941 | € 8,001,114 | € 1,261 | € 5,000,998 | ▲ € 5 million |
| Cash | € 10,416 | € 4,784 | € 13,343 | € 7,899 | ▼ 41% |
| Retained profit | € 5,397,999 | € 5,170,659 | € 5,318,224 | € 5,353,257 | ▲ 1% |
| Dividend | € 24,500,000 | € 8,000,000 | € 12,000,000 | € 5,000,000 | ▼ 58% |
| Balance sheet total | € 34,898,940 | € 18,171,772 | € 10,319,484 | € 15,354,256 | ▲ 49% |
Key figures of VPK FINANCE, 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 VPK FINANCE?
What happened at VPK FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Uni-Par NV stepped down as director. NBB
- Zenden BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5 million (▼ 59% vs 2024). Source: NBB ↗
- FinCoPro BV stepped down as director. NBB
- Uni-Par NV became a director. NBB
- Zenden BV became a director. NBB
- Start of the company according to the CBE. KBO
- FinCoPro BV became a director. NBB
In short
From € 24.6 million profit in 2022 to € 5 million profit in 2025.
Paid € 167,344 in corporate taxes since 2022.
Best year ever: 2022, with € 24.6 million profit.
Paid out € 49.5 million in dividends to the owners in total.
A new publication or filing at VPK FINANCE? We notify you, reason included.
Follow VPK FINANCEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The shares are held by VPK Group NV (100%). It owns 50% of Blue Paper SAS itself.
Directors
According to the 2025 annual accounts
Director · represented by Denis Zenner
Also active at: VPK Group, COREX Belgium, Cartamundi
since 2021 · until 2027
Director · represented by Erik Peeters
Also active at: COREX Belgium, IMMOWELL, ARGON, ECOFORMER, SMART PACKAGING SOLUTIONS, VPK SERVICES, Febex Invest, COREX HOLDING
since 2020 · until 2026
Managing director · represented by Pierre Macharis
Also active at: VPK Paper, VPK PACKAGING, SIHOLD, VPK SERVICES, SUNPACK
since 2022 · until 2028
Shareholders
100%
Participations
Blue Paper SAS
50%
Establishments
Establishment units
Physical locations of this company
Kareelstraat 108
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →ARGON same network
€ 727,541 gross margin · 2025
Febex Invest same network
Astral (Riyadhstraat)
€ 584,226 gross margin · 2024
COREX HOLDING same network
Windy Wood
+8 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
- 0752.756.721
- VAT number
- BE 0752.756.721
- Registered office
- Kareelstraat 108, 9300 Aalst
- Names & denominations
- VPK FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2020
- Peppol
- Active · Active since 17 Nov 2025