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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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Vanste from Oostende, company number BE0828398311, closed financial year 2026 with a result of € 217,398 after tax. For that financial year Vanste recorded a gross margin of € 262,901 and equity of € 2.1 million. Compared with financial year 2025, the result moved from € 84,067 to € 217,398. Profitable, and profit is growing. 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 August 31, 2026.
€ 2.1 million
▲ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 217,398
▲ 159% vs 2025
Profit after tax over the fiscal year.
€ 60,390
▼ 82% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 2 million.
Debts at end 2026
€ 362,500
▼ 56% vs 2025
€ 137,500 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,862
▲ 32% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 20,152
▼ 40% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 272,691 | € 271,215 | € 275,166 | € 262,901 | ▼ 4% |
| Profit after taxes | € 91,607 | € 74,871 | € 84,067 | € 217,398 | ▲ 159% |
| Equity | € 1,782,984 | € 1,857,855 | € 1,866,963 | € 2,084,362 | ▲ 12% |
| Total debts | € 1,814,243 | € 1,659,450 | € 1,558,681 | € 1,006,764 | ▼ 35% |
| Cash | € 191,169 | € 259,111 | € 334,918 | € 60,390 | ▼ 82% |
| Land & buildings | € 2,414,884 | € 2,327,314 | € 2,273,264 | € 2,247,944 | ▼ 1% |
| Retained profit | € 1,719,484 | € 1,794,355 | € 1,803,463 | € 2,020,862 | ▲ 12% |
| Dividend | € 0 | € 0 | € 74,959 | € 0 | ▼ 100% |
| Bank debt | € 1,113,400 | € 948,029 | € 833,252 | € 362,500 | ▼ 56% |
| Balance sheet total | € 3,597,227 | € 3,517,306 | € 3,425,644 | € 3,091,126 | ▼ 10% |
Key figures of Vanste, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Vanste?
What happened at Vanste in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 217,398 (▲ 159% vs 2025). Source: NBB ↗
- Hilde Vermeulen became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 91,607 profit in 2023 to € 217,398 profit in 2026.
Paid € 109,413 in corporate taxes since 2023.
Best year ever: 2026, with € 217,398 profit.
Paid out € 74,959 in dividends to the owners in total.
Management
Behind Vanste are Gino Vanderhaeghen and Hilde Vermeulen. It owns 50% of VANVER itself.
Directors
According to the 2026 annual accounts
Gino Vanderhaeghen
Director
Hilde Vermeulen
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Troonstraat 188 box 15.03
8400 Oostende
Troonstraat 188 box 1503
8400 Oostende
Active since 23 July 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →Follaets Painting en Zoon
Vereniging van Mede-eigenaars, Oostende, Troonstraat 188, Residentie O'Sea Life
Vereniging van Mede-eigenaars, Oostende, Troonstraat 188, Residentie O'Sea Life gebouwen M, N en O
Vereniging van Mede-eigenaars, Oostende, Troonstraat 188, Residentie O'Sea Life, Parking
PURE SEA
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0828.398.311
- VAT number
- BE 0828.398.311
- Registered office
- Troonstraat 188 bus 15.03, 8400 Oostende
- Names & denominations
- Vanste
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2010
- Peppol
- Active · Active since 16 Jul 2026
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