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 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VdS & Partners from Wetteren, company number BE0867183265, closed financial year 2025 with a result of € 55,393 after tax. For that financial year VdS & Partners recorded a gross margin of € 122,340 and equity of € 64,216. Compared with financial year 2024, the result moved from € 49,895 to € 55,393. Profitable, and profit is growing. 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 June 15, 2026.
€ 64,216
▲ 142% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,393
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 47,247
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 17,766 paid out
32 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 25,353
▲ 203% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 593,115
▼ 5% vs 2024
€ 31,190 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 23,033
▲ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 883
▲ 227% vs 2024
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 | € 77,860 | € 81,675 | € 111,172 | € 122,340 | ▲ 10% |
| Profit after taxes | € 24,242 | € 29,450 | € 49,895 | € 55,393 | ▲ 11% |
| Equity | € -52,757 | € -23,307 | € 26,589 | € 64,216 | ▲ 142% |
| Total debts | € 941,397 | € 883,293 | € 659,965 | € 654,864 | ▼ 1% |
| Cash | € 17,155 | € 853 | € 19,051 | € 47,247 | ▲ 148% |
| Land & buildings | € 640,237 | € 649,840 | € 635,735 | € 619,944 | ▼ 2% |
| Retained profit | € -71,357 | € -41,907 | € 7,989 | € 45,616 | ▲ € 37,627 |
| Dividend | € 0 | € 0 | € 0 | € 17,766 | |
| Bank debt | € 890,495 | € 856,641 | € 624,591 | € 593,115 | ▼ 5% |
| Balance sheet total | € 888,640 | € 859,987 | € 686,554 | € 719,080 | ▲ 5% |
Key figures of VdS & Partners, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VdS & Partners?
What happened at VdS & Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,393 (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Lede. KBO
- Start of the company according to the CBE. KBO
- New establishment in Wetteren. KBO
In short
From € 24,242 profit in 2022 to € 55,393 profit in 2025.
Paid € 17,109 in corporate taxes since 2022.
Best year ever: 2025, with € 55,393 profit.
Paid out € 17,766 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Keiweg 20
9230 Wetteren
Nieuwstraat 125
9340 Lede
Active since 1 February 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.183.265
- VAT number
- BE 0867.183.265
- Registered office
- Keiweg 20, 9230 Wetteren
- Names & denominations
- VdS & Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2004
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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