What is the address of VAPHARAL?

The registered office of VAPHARAL is located at Avenue Reine Astrid 92, 1310 La Hulpe.

Is VAPHARAL still active?

Yes. According to the CBE (31 October 2026) VAPHARAL is active, legal situation “Normale toestand”, started on 5 January 2010.

Is VAPHARAL registered on Peppol?

Yes, VAPHARAL is registered on the Peppol network with ID 0208:0821961865.

What is the enterprise number of VAPHARAL?

The enterprise number of VAPHARAL is BE0821961865.

When was VAPHARAL founded?

VAPHARAL was founded on 5 January 2010.

Who are the directors of VAPHARAL?

According to the 2025 annual accounts, the directors of VAPHARAL are: Maxime Cornet de Ways-Ruart, Antoine Cornet de Ways-Ruart, Céline Cornet de Ways-Ruart.

Is VAPHARAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 January 2010; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VAPHARAL make in 2025?

VAPHARAL posted a profit after taxes of € 1,281,976 in financial year 2025.

What is the revenue of VAPHARAL?

As a small company, VAPHARAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -11,269.

How many employees does VAPHARAL have?

According to the 2025 annual accounts, VAPHARAL has 0 full-time equivalents (FTE).

VAPHARAL (Public Limited) - La Hulpe - BE0821961865

Dossier VAPHARAL, printed on 31 October 2026 from databakkes.be/en/0821961865/vapharal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

79 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.

What it is worth Growing

€ 132.5 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.3 million

▼ 88% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.1 million

▲ 23% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 73 million.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 4,418

▲ 129% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -6,729 Gross margin 2022: € -6,729 First fiscal year in the series	€ -10,061 Gross margin 2023: € -10,061 ▼ € 3,332 vs 2022 (€ -6,729) Unfavourable step	€ -8,789 Gross margin 2024: € -8,789 ▲ € 1,271 vs 2023 (€ -10,061) Favourable step	€ -11,269 Gross margin 2025: € -11,269 ▼ € 2,479 vs 2024 (€ -8,789) Unfavourable step	▼ € 2,479
Profit after taxes	€ -473,326 Profit after taxes 2022: € -473,326 First fiscal year in the series	€ 1,848,738 Profit after taxes 2023: € 1,848,738 ▲ € 2.3 million vs 2022 (€ -473,326) Favourable step	€ 10,758,437 Profit after taxes 2024: € 10,758,437 ▲ € 8.9 million vs 2023 (€ 1,848,738) Favourable step	€ 1,281,976 Profit after taxes 2025: € 1,281,976 ▼ 88% vs 2024 (€ 10,758,437) Unfavourable step	▼ 88%
Equity	€ 119,808,515 Equity 2022: € 119,808,515 First fiscal year in the series	€ 120,457,252 Equity 2023: € 120,457,252 ▲ 1% vs 2022 (€ 119,808,515) Favourable step	€ 131,215,690 Equity 2024: € 131,215,690 ▲ 9% vs 2023 (€ 120,457,252) Favourable step	€ 132,497,666 Equity 2025: € 132,497,666 ▲ 1% vs 2024 (€ 131,215,690) Favourable step	▲ 1%
Total debts	€ 1,273,639 Total debts 2022: € 1,273,639 First fiscal year in the series	€ 1,214,718 Total debts 2023: € 1,214,718 ▼ 5% vs 2022 (€ 1,273,639) Favourable step	€ 1,145,040 Total debts 2024: € 1,145,040 ▼ 6% vs 2023 (€ 1,214,718) Favourable step	€ 4,418 Total debts 2025: € 4,418 ▼ € 1.1 million vs 2024 (€ 1,145,040) Favourable step	▼ € 1.1 million
Cash	€ 693,362 Cash 2022: € 693,362 First fiscal year in the series	€ 1,430,669 Cash 2023: € 1,430,669 ▲ 106% vs 2022 (€ 693,362) Favourable step	€ 1,717,767 Cash 2024: € 1,717,767 ▲ 20% vs 2023 (€ 1,430,669) Favourable step	€ 2,116,730 Cash 2025: € 2,116,730 ▲ 23% vs 2024 (€ 1,717,767) Favourable step	▲ 23%
Retained profit	€ 60,338,515 Retained profit 2022: € 60,338,515 First fiscal year in the series	€ 60,987,252 Retained profit 2023: € 60,987,252 ▲ 1% vs 2022 (€ 60,338,515) Favourable step	€ 71,745,690 Retained profit 2024: € 71,745,690 ▲ 18% vs 2023 (€ 60,987,252) Favourable step	€ 73,027,666 Retained profit 2025: € 73,027,666 ▲ 2% vs 2024 (€ 71,745,690) Favourable step	▲ 2%
Dividend	€ 625,000 Dividend 2022: € 625,000 First fiscal year in the series	€ 1,200,000 Dividend 2023: € 1,200,000 ▲ 92% vs 2022 (€ 625,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 1,200,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 121,082,154 Balance sheet total 2022: € 121,082,154 First fiscal year in the series	€ 121,671,970 Balance sheet total 2023: € 121,671,970 Unchanged (€ 121,082,154) Unchanged	€ 132,360,729 Balance sheet total 2024: € 132,360,729 ▲ 9% vs 2023 (€ 121,671,970) Unchanged	€ 132,502,084 Balance sheet total 2025: € 132,502,084 Unchanged (€ 132,360,729) Unchanged

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:

2026 Maxime Cornet de Ways-Ruart stepped down as director. NBB
2026 Antoine Cornet de Ways-Ruart stepped down as director. NBB
2026 Céline Cornet de Ways-Ruart stepped down as director. NBB
Jan 19, 2026 New annual accounts for financial year 2025: profit of € 1.3 million (▼ 88% vs 2024). Source: NBB ↗
2020 Maxime Cornet de Ways-Ruart became a director. NBB
2020 Antoine Cornet de Ways-Ruart became a director. NBB
2020 Céline Cornet de Ways-Ruart became a director. NBB
Jan 5, 2010 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.

Original PDFs at the National Bank ↗

Management

VAPHARAL

Marygold SA 100%

SEBACOOP SCRL 14.3%

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

Registered office

Avenue Reine Astrid 92

1310 La Hulpe

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.

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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

View on CBE Public ↗ Annual accounts (NBB) ↗

VAPHARAL

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Financials

What happened to VAPHARAL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions