Financials
Financial year 2025
IMMO VEPA from Merksplas, company number BE0785578452, closed financial year 2025 with a result of € 21,280 after tax. For that financial year IMMO VEPA recorded a gross margin of € 66,648 and equity of € 14,980. Compared with financial year 2024, the result moved from € 19,405 to € 21,280. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 14,980
▲ € 21,280 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,280
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 50,653
▼ 51% 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 € 9,980.
People and assets in 2025
€ 11,818
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 931,555
▼ 9% vs 2024
€ 40,392 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 4,701
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,270
▲ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -11,431 | € 14,204 | € 59,632 | € 66,648 | ▲ 12% |
| Profit after taxes | € -18,313 | € -12,392 | € 19,405 | € 21,280 | ▲ 10% |
| Equity | € -13,313 | € -25,705 | € -6,300 | € 14,980 | ▲ € 21,280 |
| Total debts | € 885,589 | € 1,049,144 | € 1,034,312 | € 948,686 | ▼ 8% |
| Cash | € 125,297 | € 82,593 | € 103,184 | € 50,653 | ▼ 51% |
| Land & buildings | € 116,000 | € 931,908 | € 914,656 | € 896,032 | ▼ 2% |
| Retained profit | € -18,313 | € -30,705 | € -11,300 | € 9,980 | ▲ € 21,280 |
| Bank debt | € 508,471 | € 617,320 | € 1,018,102 | € 931,555 | ▼ 9% |
| Balance sheet total | € 872,276 | € 1,023,439 | € 1,028,012 | € 963,665 | ▼ 6% |
Key figures of IMMO VEPA, 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 IMMO VEPA?
What happened at IMMO VEPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,280 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Merksplas. KBO
- Start of the company according to the CBE. KBO
- Paul de Letter became a director. NBB
In short
From € 18,313 loss in 2022 to € 21,280 profit in 2025.
Paid € 998 in corporate taxes since 2022.
Best year ever: 2025, with € 21,280 profit.
Management
Behind IMMO VEPA is Paul de Letter. Paul de Letter is also behind Belpork, AB Register vzw, MERVAR and DIERENARTSPRAKTIJK DE LETTER PAUL.
Directors
According to the 2025 annual accounts
Paul de Letter
Director
Also active at: Belpork, AB Register vzw, MERVAR, DIERENARTSPRAKTIJK DE LETTER PAUL
since 2022
Establishments
Establishment units
Physical locations of this company
Heiseneinde 64
2330 Merksplas
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
- 0785.578.452
- VAT number
- BE 0785.578.452
- Registered office
- Heiseneinde 64, 2330 Merksplas
- Names & denominations
- IMMO VEPA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2022
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
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