Financials
Financial year 2025
VB RAD from Kortrijk, company number BE0780614824, closed financial year 2025 with a result of € 211,169 after tax. For that financial year VB RAD recorded a gross margin of € 294,698 and equity of € 5,000. Compared with financial year 2024, the result moved from € 156,617 to € 211,169. Profitable, and profit is growing. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 5,000
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 211,169
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 181,718
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 548,159 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 14,376
▲ 171% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 423,145
€ 83,251 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,769
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,423
▲ 52% 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 | € 120,086 | € 131,234 | € 216,855 | € 294,698 | ▲ 36% |
| Profit after taxes | € 90,497 | € 89,877 | € 156,617 | € 211,169 | ▲ 35% |
| Equity | € 95,497 | € 185,374 | € 341,991 | € 5,000 | ▼ 99% |
| Total debts | € 117,725 | € 55,057 | € 52,130 | € 713,082 | ▲ € 660,952 |
| Cash | € 31,692 | € 55,871 | € 120,171 | € 181,718 | ▲ 51% |
| Retained profit | € 90,497 | € 180,374 | € 336,991 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 0 | € 548,159 | |
| Bank debt | € 0 | € 0 | € 0 | € 423,145 | |
| Balance sheet total | € 213,221 | € 240,431 | € 394,120 | € 718,082 | ▲ 82% |
Key figures of VB RAD, 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 VB RAD?
What happened at VB RAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 211,169 (▲ 35% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Bart Vertenten became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 90,497 profit in 2022 to € 211,169 profit in 2025.
Paid € 163,911 in corporate taxes since 2022.
Best year ever: 2025, with € 211,169 profit.
Paid out € 548,159 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 VB RAD is Bart Vertenten. It owns 35% of SporthoRX itself.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Smokkelpotstraat(Mar) 92
8510 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.614.824
- VAT number
- BE 0780.614.824
- Registered office
- Smokkelpotstraat(Mar) 92, 8510 Kortrijk
- Names & denominations
- VB RAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2022
- Peppol
- Active · Active since 24 Nov 2023