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 38 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VS PARTNERS from Antwerpen, company number BE0799668196, closed financial year 2025 with a result of € 290,578 after tax. For that financial year VS PARTNERS recorded a gross margin of € 774,428 and equity of € 551,620. Compared with financial year 2024, the result moved from € 256,042 to € 290,578. 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 July 31, 2026.
€ 551,620
▲ 111% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 290,578
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 279,804
▲ € 272,959 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 € 546,620.
People and assets in 2025
€ 180,101
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.7 million
▼ 7% vs 2024
€ 243,319 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 57,989
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85,881
▲ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 549,740 | € 774,428 | ▲ 41% |
| Profit after taxes | € 256,042 | € 290,578 | ▲ 13% |
| Equity | € 261,042 | € 551,620 | ▲ 111% |
| Total debts | € 4,175,537 | € 3,880,762 | ▼ 7% |
| Cash | € 6,845 | € 279,804 | ▲ € 272,959 |
| Land & buildings | € 4,097,930 | € 3,972,477 | ▼ 3% |
| Retained profit | € 256,042 | € 546,620 | ▲ 113% |
| Bank debt | € 3,954,501 | € 3,688,845 | ▼ 7% |
| Balance sheet total | € 4,436,579 | € 4,432,382 |
Key figures of VS PARTNERS, fiscal years 2024 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 VS PARTNERS?
What happened at VS PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 290,578 (▲ 13% vs 2024). Source: NBB ↗
- Vincent Cobbaert became a director. NBB
- Saskia Galeyn became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 256,042 profit in 2024 to € 290,578 profit in 2025.
Paid € 197,044 in corporate taxes since 2024.
Best year ever: 2025, with € 290,578 profit.
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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 VS PARTNERS are Vincent Cobbaert and Saskia Galeyn. Vincent Cobbaert is also behind STEELINVEST GROUP HOLDING and GCA LOGISTICS.
Directors
According to the 2025 annual accounts
since 2023
Saskia Galeyn
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kattendijkdok-Westkaai 51 box 13.02
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →FIKAVER
€ 26,070 gross margin · 2025
STEELINVEST EUROPE
€ 146.6 million revenue · 2025
TANINA MANPOWER AND CONSTRUCTION
€ 115,590 gross margin · 2022
PRIME OPTIX EYELAND
€ 16,674 gross margin · 2024
ALANDERS
+11 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
- 0799.668.196
- VAT number
- BE 0799.668.196
- Registered office
- Kattendijkdok-Westkaai 51 bus 13.02, 2000 Antwerpen
- Names & denominations
- VS PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2023
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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