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 2023 and 2024.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
VYVAPOWER from Nieuwerkerken (Limb.), company number BE0781811387, closed financial year 2024 with a result of € -441,985 after tax. For that financial year VYVAPOWER recorded revenue of € 1.5 million and equity of € 17.1 million. Compared with financial year 2023, the result moved from € -2.7 million to € -441,985. 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 July 28, 2025.
€ 17.1 million
▲ 36% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -441,985
▲ 84 % less loss than in 2023
Profit after tax over the fiscal year.
€ 154,787
▲ € 140,155 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.1 million.
Debts at end 2024
€ 12.5 million
▼ 8% vs 2023
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 426,847
▼ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
€ 262,322
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Revenue | - | € 1,527,328 | |
| Gross margin | € -1,372,226 | - | |
| Profit after taxes | € -2,703,076 | € -441,985 | ▲ € 2.3 million |
| Equity | € 12,521,924 | € 17,079,939 | ▲ 36% |
| Total debts | € 14,284,128 | € 19,340,463 | ▲ 35% |
| Cash | € 14,632 | € 154,787 | ▲ € 140,155 |
| Retained profit | € -2,703,076 | € -3,145,061 | ▼ € 441,985 |
| Bank debt | € 13,550,000 | € 12,483,760 | ▼ 8% |
| Balance sheet total | € 26,806,052 | € 36,420,402 | ▲ 36% |
Key figures of VYVAPOWER, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VYVAPOWER?
What happened at VYVAPOWER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
VYVAPOWER is active according to the CBE. Legal situation: Opening faillissement.
- VCP GP BV stepped down as director. NBB
- Vybros Capital Partners BV stepped down as director. NBB
- Grey Fox Invest BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 441,985. Source: NBB ↗
- VCP GP BV became a director. NBB
- Vybros Capital Partners BV became a director. NBB
- New establishment in Nieuwerkerken (Limb.). KBO
- Start of the company according to the CBE. KBO
In short
From € 2.7 million loss in 2023 to € 441,985 loss in 2024.
Paid € 18,360 in corporate taxes since 2023.
Pays suppliers within 95 days on average.
Management
The stake of Vybros Capital Partners comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VYVAPOWERThe shares are held by Vybros Capital Partners (79.7%). It owns 100% of e-power Generators Nederland, 100% of BLUE GREEN MANAGEMENT GROUP, 100% of BOBININDUS POWER SYSTEMS, 100% of e-powe USA Inc. and 73.2% of HLT Invest itself.
Directors
According to the 2024 annual accounts
Director · represented by Kurt Van Dal
Also active at: Alternative Power Generation Systems, VYVIMMO
since 2022 · until 2028
Director · represented by Olivier Strobbe
Also active at: LUDO, KONTRIMO, OBEN RENTING EN SERVICE, LAMBRECHTS KONSTRUKTIE, ALLE BOUW MACHINES, BELFI, Oben Building Machines, VYTECH MENEN +42 more
since 2023 · until 2029
Director · represented by Guy Vande Vyvere
Also active at: LUDO, JAGA, VERMA ENGINEERING, ALLE BOUW MACHINES, VYTECH MENEN, VYTECH DUFFEL, IMMAN L4, INTERMAT +24 more
since 2023 · until 2029
Shareholders
79.7%
Participations
e-power Generators Nederland
100%
e-powe USA Inc.
100%
73.2%
Establishments
Establishment units
Physical locations of this company
Tegelrijstraat 175
3850 Nieuwerkerken (Limb.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →EUROPOWER GENERATORS
€ 59.9 million revenue · 2024
ENVIRONMENTAL INDUSTRIAL POWER APPLICATIONS
€ 366,380 gross margin · 2024
EPEGE
€ -6,111 gross margin · 2024
Red Apple Investments
€ -19,840 gross margin · 2024
Meddition
€ -282 gross margin · 2025
+6 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
- 0781.811.387
- VAT number
- BE 0781.811.387
- Registered office
- Tegelrijstraat 175, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- VYVAPOWER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 10 February 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige zakelijke dienstverlening, neg