Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 26 to 20.
Financials
Financial year 2025
VOSC ZEDELGEM from Zedelgem, company number BE0881904402, closed financial year 2025 with a result of € -494,785 after tax. For that financial year VOSC ZEDELGEM recorded a gross margin of € 670,299 and equity of € 308,130. Compared with financial year 2024, the result moved from € 167,474 to € -494,785. The company made a loss. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 308,130
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -494,785
▼ still € 167,474 profit in 2024
Profit after tax over the fiscal year.
€ 182,577
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 301,930.
People and assets in 2025
20
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 914,348
▲ 3% vs 2024
€ 45,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 32,410
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ € 1.4 million vs 2024
€ 133,584 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1.5 million
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 223,325
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,320,359 | € 1,348,098 | € 1,193,702 | € 670,299 | ▼ 44% |
| Profit after taxes | € 113,280 | € 181,885 | € 167,474 | € -494,785 | ▼ € 662,260 |
| Equity | € 713,556 | € 795,441 | € 802,915 | € 308,130 | ▼ 62% |
| Total debts | € 1,552,377 | € 1,778,179 | € 1,636,947 | € 3,446,810 | ▲ 111% |
| Cash | € 1,126,633 | € 1,057,784 | € 756,864 | € 182,577 | ▼ 76% |
| Land & buildings | € 122,576 | € 104,537 | € 119,206 | € 97,780 | ▼ 18% |
| Retained profit | € 707,356 | € 789,241 | € 796,715 | € 301,930 | ▼ 62% |
| Dividend | € 100,000 | € 100,000 | € 160,000 | € 0 | ▼ 100% |
| Bank debt | € 36,231 | € 196,113 | € 128,218 | € 1,484,814 | ▲ € 1.4 million |
| Balance sheet total | € 2,265,933 | € 2,573,620 | € 2,439,862 | € 3,754,941 | ▲ 54% |
| Employees (FTE) | 26 | 26 | 20.6 | 20 | ▼ 0.6 |
Key figures of VOSC ZEDELGEM, 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 VOSC ZEDELGEM?
What happened at VOSC ZEDELGEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 494,785 (▼ € 662,260 vs 2024). Source: NBB ↗
- Immavo BV became a director. NBB
- Hilde Ornelis became a director. NBB
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 113,280 profit in 2022 to € 494,785 loss in 2025.
Paid € 56,812 in corporate taxes since 2022.
Best year ever: 2023, with € 181,885 profit.
On average € 33,500 of value added per employee in 2025.
A new publication or filing at VOSC ZEDELGEM? 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%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of IMMAVO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VOSC ZEDELGEMBehind VOSC ZEDELGEM are Immavo BV and Hilde Ornelis. The shares are held by IMMAVO (98.9%).
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 136
8210 Zedelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0881.904.402
- VAT number
- BE 0881.904.402
- Registered office
- Torhoutsesteenweg 136, 8210 Zedelgem
- Names & denominations
- VOSC ZEDELGEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2006
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)