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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Busy address KBO
80 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VAPHARAL from La Hulpe, company number BE0821961865, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year VAPHARAL recorded a gross margin of € -11,269 and equity of € 132.5 million. Compared with financial year 2024, the result moved from € 10.8 million to € 1.3 million. The company is profitable. 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 January 19, 2026.
€ 132.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▲ 23% 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 € 73 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,418
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,729 | € -10,061 | € -8,789 | € -11,269 | ▼ € 2,479 |
| Profit after taxes | € -473,326 | € 1,848,738 | € 10,758,437 | € 1,281,976 | ▼ 88% |
| Equity | € 119,808,515 | € 120,457,252 | € 131,215,690 | € 132,497,666 | ▲ 1% |
| Total debts | € 1,273,639 | € 1,214,718 | € 1,145,040 | € 4,418 | ▼ € 1.1 million |
| Cash | € 693,362 | € 1,430,669 | € 1,717,767 | € 2,116,730 | ▲ 23% |
| Retained profit | € 60,338,515 | € 60,987,252 | € 71,745,690 | € 73,027,666 | ▲ 2% |
| Dividend | € 625,000 | € 1,200,000 | € 0 | € 0 | |
| Balance sheet total | € 121,082,154 | € 121,671,970 | € 132,360,729 | € 132,502,084 |
Key figures of VAPHARAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VAPHARAL?
What happened at VAPHARAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maxime Cornet de Ways-Ruart stepped down as director. NBB
- Antoine Cornet de Ways-Ruart stepped down as director. NBB
- Céline Cornet de Ways-Ruart stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 88% vs 2024). Source: NBB ↗
- Maxime Cornet de Ways-Ruart became a director. NBB
- Antoine Cornet de Ways-Ruart became a director. NBB
- Céline Cornet de Ways-Ruart became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 473,326 loss in 2022 to € 1.3 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2024, with € 10.8 million profit.
Paid out € 1.8 million in dividends to the owners in total.
A new publication or filing at VAPHARAL? We notify you, reason included.
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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%
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Management
It owns 100% of Marygold SA and 14.3% of SEBACOOP SCRL itself.
Directors
According to the 2025 annual accounts
Maxime Cornet de Ways-Ruart
Director
since 2020 · until 2026
Antoine Cornet de Ways-Ruart
Director
since 2020 · until 2026
Céline Cornet de Ways-Ruart
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 92
1310 La Hulpe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 80 companies are registered at this address.
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+75 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
- 0821.961.865
- VAT number
- BE 0821.961.865
- Registered office
- Avenue Reine Astrid 92, 1310 La Hulpe
- Names & denominations
- VAPHARAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2010
- Peppol
- Active · Active since 9 Dec 2025