Financials
Financial year 2025
VADE-EXCO from Gesves, company number BE0760695180, closed financial year 2025 with a result of € 24,565 after tax. For that financial year VADE-EXCO recorded a gross margin of € 99,554 and equity of € 163,258. Compared with financial year 2024, the result moved from € 36,963 to € 24,565. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 163,258
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,565
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 63,022
▼ 61% 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 € 158,258.
People and assets in 2025
€ 34,392
Of which on lease € 12,746.
Debts at end 2025
€ 526,328
▼ 9% vs 2024
€ 42,014 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 3,205
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,614
▼ 81% 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 | € 126,147 | € 105,314 | € 102,446 | € 99,554 | ▼ 3% |
| Profit after taxes | € 82,264 | € 14,466 | € 36,963 | € 24,565 | ▼ 34% |
| Equity | € 87,264 | € 101,730 | € 138,694 | € 163,258 | ▲ 18% |
| Total debts | € 83,794 | € 617,827 | € 672,383 | € 613,760 | ▼ 9% |
| Cash | € 88,653 | € 153,171 | € 161,267 | € 63,022 | ▼ 61% |
| Land & buildings | - | € 478,159 | € 572,773 | € 631,208 | ▲ 10% |
| Retained profit | € 82,264 | € 96,730 | € 133,694 | € 158,258 | ▲ 18% |
| Bank debt | € 42,973 | € 515,121 | € 578,231 | € 526,328 | ▼ 9% |
| Balance sheet total | € 171,058 | € 719,557 | € 811,077 | € 777,019 | ▼ 4% |
Key figures of VADE-EXCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to VADE-EXCO?
What happened at VADE-EXCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,565 (▼ 34% vs 2024). Source: NBB ↗
- New establishment in Gesves. KBO
- Eline Van Moortel became a director. NBB
- Jeroen De Rycke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 82,264 profit in 2022 to € 24,565 profit in 2025.
Paid € 62,368 in corporate taxes since 2022.
Best year ever: 2022, with € 82,264 profit.
Management
Behind VADE-EXCO are Eline Van Moortel and Jeroen De Rycke.
Directors
According to the 2025 annual accounts
Eline Van Moortel
Director
since 2021
Jeroen De Rycke
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Sur la Forêt(Sorée) 3 box 5340
5340 Gesves
Sur la Forêt(Sorée) 3
5340 Gesves
Active since 2 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0760.695.180
- VAT number
- BE 0760.695.180
- Registered office
- Sur la Forêt(Sorée) 3 bus 5340, 5340 Gesves
- Names & denominations
- VADE-EXCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2020
- Peppol
- Active · Active since 4 Aug 2025
- Activities · NACE
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