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 11 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Vlevaco from Heuvelland, company number BE0846353704, closed financial year 2025 with a result of € 230,911 after tax. For that financial year Vlevaco recorded a gross margin of € 69,800 and equity of € 23,553. Compared with financial year 2024, the result moved from € 1.4 million to € 230,911. The company is profitable. 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 May 12, 2026.
€ 23,553
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 230,911
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 228,600 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 60,000
Supplier invoices still open on the last day of the fiscal year.
€ 1,223
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,700 | € -7,924 | € 54,923 | € 69,800 | ▲ 27% |
| Profit after taxes | € -8,508 | € 326,162 | € 1,361,577 | € 230,911 | ▼ 83% |
| Equity | € 2,164,502 | € 20,664 | € 21,242 | € 23,553 | ▲ 11% |
| Total debts | € 321,093 | € 2,533,479 | € 3,943,573 | € 2,488,683 | ▼ 37% |
| Retained profit | € 2,145,902 | € 2,064 | € 2,642 | € 4,953 | ▲ 87% |
| Dividend | € 0 | € 2,470,000 | € 1,361,000 | € 228,600 | ▼ 83% |
| Balance sheet total | € 2,485,595 | € 2,554,143 | € 3,964,814 | € 2,512,236 | ▼ 37% |
Key figures of Vlevaco, 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 April 2027.
What happened to Vlevaco?
What happened at Vlevaco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 230,911 (▼ 83% vs 2024). filed late Source: NBB ↗
- New establishment in Heuvelland. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,508 loss in 2022 to € 230,911 profit in 2025.
Best year ever: 2024, with € 1.4 million profit.
Paid out € 4.1 million in dividends to the owners in total.
Management
Behind Vlevaco is Schoenmakers Holding BV. It owns 100% of Keustermans, 100% of Bovarpo, 100% of Hoevar, 100% of Wiga and 100% of Hevar itself.
Directors
According to the 2025 annual accounts
Schoenmakers Holding BV
Director
Establishments
Establishment units
Physical locations of this company
Waterputstraat(Wijtsch) 5
8953 Heuvelland
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0846.353.704
- VAT number
- BE 0846.353.704
- Registered office
- Waterputstraat(Wijtsch) 5, 8953 Heuvelland
- Names & denominations
- Vlevaco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2012
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
Holdings
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