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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Vectis Private Equity IV from Aalter, company number BE0763837683, closed financial year 2025 with a result of € -7.6 million after tax. For that financial year Vectis Private Equity IV recorded a gross margin of € -1.7 million and equity of € 41.5 million. Compared with financial year 2024, the result moved from € -1.7 million to € -7.6 million. The company made a loss. 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 2, 2026.
€ 41.5 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7.6 million
▼ 339 % more loss than in 2024
Profit after tax over the fiscal year.
€ 150,860
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14.5 million.
Debts at end 2025
€ 4.2 million
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 15,268
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,487,273 | € -1,656,196 | € -1,733,814 | € -1,709,026 | ▲ € 24,788 |
| Profit after taxes | € -3,526,271 | € -1,641,819 | € -1,735,041 | € -7,622,287 | ▼ € 5.9 million |
| Equity | € 17,339,979 | € 26,831,910 | € 33,196,869 | € 41,474,581 | ▲ 25% |
| Total debts | € 11,018,209 | € 3,730,475 | € 5,562,755 | € 4,215,268 | ▼ 24% |
| Cash | € 1,822,931 | € 522,584 | € 325,040 | € 150,860 | ▼ 54% |
| Retained profit | € -3,526,271 | € -5,168,090 | € -6,903,132 | € -14,525,419 | ▼ € 7.6 million |
| Bank debt | € 11,000,000 | € 3,700,000 | € 5,500,000 | € 4,200,000 | ▼ 24% |
| Balance sheet total | € 28,358,188 | € 30,562,385 | € 38,759,624 | € 45,689,849 | ▲ 18% |
Key figures of Vectis Private Equity IV, 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 Vectis Private Equity IV?
What happened at Vectis Private Equity IV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7.6 million. Source: NBB ↗
- New establishment in Aalter. KBO
- Vectis Partners BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3.5 million loss in 2022 to € 7.6 million loss in 2025.
Management
The stake of QUAESTOR V IV, Participatiemaatschappij Vlaanderen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vectis Private Equity IVBehind Vectis Private Equity IV is Vectis Partners BV. The shares are held by QUAESTOR V IV (17.5%) and Participatiemaatschappij Vlaanderen (15%). It owns 56% of Harmonia Holding, 51% of VD Pro Hold, 44.6% of Building Technology, 39.2% of Vector+, 30% of Cestis and 25% of SalixCo itself.
Directors
According to the 2025 annual accounts
Manager · represented by Walter Beyen
Also active at: The Searchers, VECTIS PARTICIPATIES II, VECTIS ARKIV
since 2021
Shareholders
Participations
Harmonia Holding
56%
51%
44.6%
39.2%
30%
25%
23.1%
Establishments
Establishment units
Physical locations of this company
Stratem 11 box 2
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Vectis Partners same network
€ 992,525 gross margin · 2025
VECTIS PRIVATE EQUITY III ARKIV
OTA REAL ESTATE
€ 25,508 gross margin · 2025
OTA
Arbaco
€ 831,340 revenue · 2025
+10 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
- 0763.837.683
- VAT number
- BE 0763.837.683
- Registered office
- Stratem 11 bus 2, 9880 Aalter
- Names & denominations
- Vectis Private Equity IV
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 19 February 2021
- Peppol
- Not registered