Financials
Financial year 2024
Vascoda from Wevelgem, company number BE0818933287, closed financial year 2024 with a result of € -13,894 after tax. For that financial year Vascoda recorded a gross margin of € 77,936 and equity of € 21,702. Compared with financial year 2023, the result moved from € 11,081 to € -13,894. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2025.
€ 21,702
▼ 39% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,894
▼ still € 11,081 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3,102.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 84,841
▼ 37% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 39,459
▲ 15% vs 2023
Loans from banks and other lenders, long and short.
€ 117,157
▲ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 18,922
▲ 84% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 66,943 | € 72,571 | € 150,396 | € 77,936 | ▼ 48% |
| Profit after taxes | € 8,653 | € -11,974 | € 11,081 | € -13,894 | ▼ € 24,975 |
| Equity | € 36,488 | € 24,514 | € 35,595 | € 21,702 | ▼ 39% |
| Total debts | € 47,972 | € 115,112 | € 140,837 | € 175,538 | ▲ 25% |
| Cash | € 11,477 | € 9,981 | - | - | |
| Retained profit | € 17,888 | € 5,914 | € 16,995 | € 3,102 | ▼ 82% |
| Bank debt | € 0 | € 0 | € 34,414 | € 39,459 | ▲ 15% |
| Balance sheet total | € 84,459 | € 139,627 | € 176,432 | € 197,240 | ▲ 12% |
Key figures of Vascoda, fiscal years 2021 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 Vascoda?
What happened at Vascoda in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 13,894 (▼ € 24,975 vs 2023). filed late Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,653 profit in 2021 to € 13,894 loss in 2024.
Paid € 1,003 in corporate taxes since 2021.
Best year ever: 2023, with € 11,081 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 Vascoda is Mathias Depaepe. Mathias Depaepe is also behind GROEP PAUWELS, B & R - BOUW EN RENOVATIE and Bemepro.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Kezelberg 23 A
8560 Wevelgem
Albert I Laan(Odk) 100 box 302
8670 Koksijde
Active since 25 November 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0818.933.287
- VAT number
- BE 0818.933.287
- Registered office
- Kezelberg 23 A, 8560 Wevelgem
- Names & denominations
- Vascoda
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2009
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
Schrijnwerk
Installatie van isolatie
Overige bouwinstallatie
Groothandel in bouwmaterialen, algemeen assortiment
Chapewerken
Vervaardiging van metalen deuren en vensters
Overige bouwinstallatie, n.e.g.
Isolatiewerkzaamheden