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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vicarsi from Wortegem-Petegem, company number BE0775773237, closed financial year 2025 with a result of € 68,393 after tax. For that financial year Vicarsi recorded a gross margin of € 107,898 and equity of € 47,883. Compared with financial year 2024, the result moved from € 7,393 to € 68,393. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 47,883
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,393
▲ € 61,000 vs 2024
Profit after tax over the fiscal year.
€ 55,126
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,500 paid out
96 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,311
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 150,723
▼ 9% vs 2024
€ 15,979 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 3,270
▲ 258% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,082
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,205 | € 39,440 | € 48,297 | € 107,898 | ▲ 123% |
| Profit after taxes | € 22,543 | € 26,553 | € 7,393 | € 68,393 | ▲ € 61,000 |
| Equity | € 25,543 | € 37,596 | € 44,990 | € 47,883 | ▲ 6% |
| Total debts | € 33,100 | € 57,609 | € 219,017 | € 250,740 | ▲ 14% |
| Cash | € 40,536 | € 71,903 | € 22,243 | € 55,126 | ▲ 148% |
| Land & buildings | - | - | € 219,555 | € 218,083 | ▼ 1% |
| Retained profit | € 22,543 | € 34,596 | € 41,990 | € 44,883 | ▲ 7% |
| Dividend | € 0 | € 14,500 | € 0 | € 65,500 | |
| Bank debt | € 0 | € 0 | € 165,000 | € 150,723 | ▼ 9% |
| Balance sheet total | € 58,643 | € 95,205 | € 264,007 | € 298,623 | ▲ 13% |
Key figures of Vicarsi, 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 Vicarsi?
What happened at Vicarsi in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 68,393 (▲ € 61,000 vs 2024). Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,543 profit in 2022 to € 68,393 profit in 2025.
Paid € 50,812 in corporate taxes since 2022.
Best year ever: 2025, with € 68,393 profit.
Paid out € 80,000 in dividends to the owners in total.
Management
Behind Vicarsi is Thijs Simoens.
Directors
According to the 2025 annual accounts
Thijs Simoens
Director
Establishments
Establishment units
Physical locations of this company
Meirhaegstraat (O.-W.) 6
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0775.773.237
- VAT number
- BE 0775.773.237
- Registered office
- Meirhaegstraat (O.-W.) 6, 9790 Wortegem-Petegem
- Names & denominations
- Vicarsi
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2021
- Peppol
- Active · Active since 17 Jul 2026
- Activities · NACE
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