Financials
Financial year 2025
VPIV from Kinrooi, company number BE0782841666, closed financial year 2025 with a result of € 396,969 after tax. For that financial year VPIV recorded a gross margin of € 135,916 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 1.4 million to € 396,969. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 2.9 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 396,969
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 34,279
▲ € 32,633 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 498,846.
Debts at end 2025
€ 7.2 million
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 17,545
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -3,952 | € -3,251 | € 135,916 | ▲ € 139,167 |
| Profit after taxes | € -5,496 | € 1,401,950 | € 396,969 | ▼ 72% |
| Equity | € 944,504 | € 2,501,878 | € 2,898,846 | ▲ 16% |
| Total debts | € 30,869 | € 7,305,000 | € 7,802,545 | ▲ 7% |
| Cash | € 895 | € 1,645 | € 34,279 | ▲ € 32,633 |
| Retained profit | € -5,496 | € 101,878 | € 498,846 | ▲ € 396,969 |
| Dividend | € 0 | € 1,294,576 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 7,300,000 | € 7,200,000 | ▼ 1% |
| Balance sheet total | € 975,373 | € 9,806,878 | € 10,701,391 | ▲ 9% |
Key figures of VPIV, fiscal years 2023 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 VPIV?
What happened at VPIV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter Walravens BV stepped down as director. NBB
- Rhubikon BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 396,969 (▼ 72% vs 2024). filed late Source: NBB ↗
- Pieter Walravens BV became a director. NBB
- Rhubikon BV became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,496 loss in 2023 to € 396,969 profit in 2025.
Best year ever: 2024, with € 1.4 million profit.
Paid out € 1.3 million in dividends to the owners in total.
Management
The stake of THINK2ACT CAPITAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VPIVThe shares are held by THINK2ACT CAPITAL (100%). It owns 98% of Pentapack Group itself.
Directors
According to the 2025 annual accounts
Director · represented by Pieter Walravens
Also active at: TR INVEST, ELSACY, Vetdis Holding, Pentapack Group, Vanelic, 4TheFuture Group, The Sealants Group, Expertum Group +2 more
since 2025 · until 2031
Managing director · represented by Koen Verhelst
Also active at: Think2Act Investment Fund, PFSIC, Pentapack Group, Trihold, Valpeo Holding, Vanelic, Rediscover, THINK2ACT CAPITAL +2 more
since 2025 · until 2031
Shareholders
100%
Participations
98%
Establishments
Establishment units
Physical locations of this company
Leuerbroek (Oph) 1043
3640 Kinrooi
Baarbeek 1
2070 Beveren-Kruibeke-Zwijndrecht
Active since 3 March 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0782.841.666
- VAT number
- BE 0782.841.666
- Registered office
- Leuerbroek (Oph) 1043, 3640 Kinrooi
- Names & denominations
- VPIV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2022
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
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