Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VSF Records from Rixensart, company number BE0780605916, closed financial year 2025 with a result of € -40,400 after tax. For that financial year VSF Records recorded a gross margin of € 2,571 and equity of € 7,350. Compared with financial year 2024, the result moved from € 6,840 to € -40,400. The company made a loss. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2026.
€ 7,350
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,400
▼ still € 6,840 profit in 2024
Profit after tax over the fiscal year.
€ 6,248
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,850.
People and assets in 2025
€ 1,754
▼ 49% 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.
€ 2,398
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,827
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,358 | € 38,013 | € 16,610 | € 2,571 | ▼ 85% |
| Profit after taxes | € 10,801 | € 28,290 | € 6,840 | € -40,400 | ▼ € 47,240 |
| Equity | € 12,501 | € 40,911 | € 47,751 | € 7,350 | ▼ 85% |
| Total debts | € 26,840 | € 35,599 | € 19,598 | € 43,821 | ▲ 124% |
| Cash | € 6,424 | € 35,987 | € 12,329 | € 6,248 | ▼ 49% |
| Retained profit | € 10,001 | € 38,411 | € 45,251 | € 4,850 | ▼ 89% |
| Dividend | € 800 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 39,340 | € 76,510 | € 67,349 | € 51,171 | ▼ 24% |
Key figures of VSF Records, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VSF Records?
What happened at VSF Records in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,400 (▼ € 47,240 vs 2024). filed late Source: NBB ↗
- New establishment in Rixensart. KBO
- Maxime Van Santfoort became a director. NBB
- Bernadette HANIN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,801 profit in 2022 to € 40,400 loss in 2025.
Paid € 14,604 in corporate taxes since 2022.
Best year ever: 2023, with € 28,290 profit.
Paid out € 800 in dividends to the owners in total.
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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
Behind VSF Records are Maxime Van Santfoort and Bernadette HANIN.
Directors
According to the 2025 annual accounts
Maxime Van Santfoort
Director
since 2022
Bernadette HANIN
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue de Nivelles 41
1330 Rixensart
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.605.916
- VAT number
- BE 0780.605.916
- Registered office
- Rue de Nivelles 41, 1330 Rixensart
- Names & denominations
- VSF Records
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2022
- Peppol
- Active · Active since 24 Nov 2023
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