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 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Vapeco from Turnhout, company number BE0758396478, closed financial year 2025 with a result of € -13,814 after tax. For that financial year Vapeco recorded a gross margin of € -11,434 and equity of € -6,323. Compared with financial year 2024, the result moved from € -11,430 to € -13,814. The company made a loss. 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 August 26, 2026.
€ -6,323
▼ € 13,814 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,814
▼ 21 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,517
▲ 153% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,318.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,489
▼ 76% 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 | € 126,818 | € -34,534 | € -6,533 | € -11,434 | ▼ € 4,901 |
| Profit after taxes | € 94,362 | € -37,395 | € -11,430 | € -13,814 | ▼ € 2,384 |
| Equity | € 56,316 | € 18,920 | € 7,491 | € -6,323 | ▼ € 13,814 |
| Total debts | € 553,363 | € 139,341 | € 31,092 | € 7,840 | ▼ 75% |
| Cash | € 704 | € 410 | € 600 | € 1,517 | ▲ 153% |
| Retained profit | € 321 | € -37,075 | € -48,504 | € -62,318 | ▼ € 13,814 |
| Dividend | € 450,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 609,678 | € 158,261 | € 38,583 | € 1,517 | ▼ 96% |
Key figures of Vapeco, 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 Vapeco?
What happened at Vapeco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,814. filed late Source: NBB ↗
- Monique Heeren Vastgoed BV became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,362 profit in 2022 to € 13,814 loss in 2025.
Paid € 34,350 in corporate taxes since 2022.
Best year ever: 2022, with € 94,362 profit.
Paid out € 450,000 in dividends to the owners in total.
A new publication or filing at Vapeco? We notify you, reason included.
Follow VapecoDatabakkes 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 stake of GROEP HEEREN, Heeren Group, M.M.A. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VapecoBehind Vapeco are MMP Heeren BV, Monique Heeren Vastgoed BV and Peter Heeren. The shares are held by Heeren Properties NV (90%), MH Holding BV (10%), GROEP HEEREN (40%), Heeren Group (40%) and M.M.A. (10%).
Directors
According to the 2025 annual accounts
Director · represented by Matheus Heeren
Also active at: Clerinco, CARNOR, MARPUDES, IMMO B.V.D.H., Heeren Investeringen, Heeren Investments, Bloemekensgang, Bouw en Exploitatiemaatschappij P. HEEREN +30 more
Director · represented by Monique Heeren
Also active at: Clerinco, CARNOR, MARPUDES, IMMO B.V.D.H., Heeren Investeringen, Heeren Investments, Bloemekensgang, Bouw en Exploitatiemaatschappij P. HEEREN +29 more
since 2025
Peter Heeren
Director
Also active at: Clerinco, CARNOR, MARPUDES, IMMO B.V.D.H., Heeren Investeringen, Heeren Investments, Bloemekensgang, Bouw en Exploitatiemaatschappij P. HEEREN +35 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Turnovatoren 16 box 1
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Clerinco same network
€ 95,206 gross margin · 2025
Monique Heeren Vastgoed same network
€ 86,566 gross margin · 2025
CARNOR same network
€ 357,292 gross margin · 2025
MARPUDES same network
€ 76,362 gross margin · 2025
IMMO B.V.D.H. same network
€ -54,275 gross margin · 2025
+50 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
- 0758.396.478
- VAT number
- BE 0758.396.478
- Registered office
- Turnovatoren 16 bus 1, 2300 Turnhout
- Names & denominations
- Vapeco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2020
- Peppol
- Active · Active since 11 Aug 2025
- Contact
- [email protected] +3214400660