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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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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 %.
Financials
Financial year 2025
VENGA PADEL from Destelbergen, company number BE0770384193, closed financial year 2025 with a result of € -180,909 after tax. For that financial year VENGA PADEL recorded a gross margin of € -26,204 and equity of € -469,452. Compared with financial year 2024, the result moved from € -167,337 to € -180,909. 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 October 15, 2026.
€ -469,452
▼ € 180,909 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -180,909
▼ 8 % more loss than in 2024
Profit after tax over the fiscal year.
€ 69,271
▲ € 61,984 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -472,452.
People and assets in 2025
€ 1.3 million
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38,092
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 354
▲ € 275 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 | € -37,208 | € 14,415 | € -65,954 | € -26,204 | ▲ € 39,750 |
| Profit after taxes | € -87,985 | € -36,221 | € -167,337 | € -180,909 | ▼ € 13,571 |
| Equity | € -84,985 | € -121,206 | € -288,543 | € -469,452 | ▼ € 180,909 |
| Total debts | € 1,073,317 | € 1,978,458 | € 2,441,467 | € 2,679,964 | ▲ 10% |
| Cash | € 9,738 | € 72,969 | € 7,287 | € 69,271 | ▲ € 61,984 |
| Land & buildings | € 745,724 | € 728,451 | € 711,178 | € 693,905 | ▼ 2% |
| Retained profit | € -87,985 | € -124,206 | € -291,543 | € -472,452 | ▼ € 180,909 |
| Balance sheet total | € 988,332 | € 1,857,251 | € 2,152,924 | € 2,210,512 | ▲ 3% |
Key figures of VENGA PADEL, 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 VENGA PADEL?
What happened at VENGA PADEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 180,909. filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Geraardsbergen. KBO
In short
From € 87,985 loss in 2022 to € 180,909 loss in 2025.
Paid € 66 in corporate taxes since 2022.
Management
Behind VENGA PADEL are Axel Forrez and Bram Lemmerling. Bram Lemmerling is also behind AMPLR.
Directors
According to the 2025 annual accounts
Axel Forrez
Director
Establishments
Establishment units
Physical locations of this company
Acacialaan 8
9070 Destelbergen
Groteweg(Ove) 521
9500 Geraardsbergen
Active since 28 June 2021
Handelsdokkaai 10W
9000 Gent
Active since 14 February 2025
Handelsdokkaai 24W
9000 Gent
Active since 4 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Lemmerling, Bram Jean(oprichter) 100%
Details
- Company number
- 0770.384.193
- VAT number
- BE 0770.384.193
- Registered office
- Acacialaan 8, 9070 Destelbergen
- Names & denominations
- VENGA PADEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2021
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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