VOLGUS is a holiday accommodation in Oostende. Private Limited, started on 7 November 2006, 1 establishment.

What is the address of VOLGUS?

The registered office of VOLGUS is located at Velodroomstraat 43, 8400 Oostende.

Is VOLGUS still active?

Yes. According to the CBE (29 October 2026) VOLGUS is active, legal situation “Normale toestand”, started on 7 November 2006.

Is VOLGUS registered on Peppol?

Yes, VOLGUS is registered on the Peppol network with ID 0208:0884793022.

What is the enterprise number of VOLGUS?

The enterprise number of VOLGUS is BE0884793022.

When was VOLGUS founded?

VOLGUS was founded on 7 November 2006.

Who are the directors of VOLGUS?

According to the 2025 annual accounts, the directors of VOLGUS are: TOAPE BV.

Is VOLGUS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 November 2006; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VOLGUS make in 2025?

VOLGUS posted a profit after taxes of € 1,419 in financial year 2025.

What is the revenue of VOLGUS?

As a small company, VOLGUS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 43,577.

How much does an employee at VOLGUS earn?

The average wage cost per full-time employee at VOLGUS was € 68,900 in 2024: staff costs of € 247,960 for 3.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

VOLGUS (Private Limited) - Oostende - BE0884793022

Dossier VOLGUS, printed on 29 October 2026 from databakkes.be/en/0884793022/volgus. 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.

Tight liquidity NBB

Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VOLGUS from Oostende, company number BE0884793022, closed financial year 2025 with a result of € 1,419 after tax. For that financial year VOLGUS recorded a gross margin of € 43,577 and equity of € 123,219. Compared with financial year 2024, the result moved from € 152,876 to € 1,419. The company is profitable. The buffer shrank hard: equity is 78 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2025.

What it is worth Shrank hard

€ 123,219

▼ 78% vs 2024

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

Profit Healthy

€ 1,419

▼ 99% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,902

▼ 85% vs 2024

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

Where the profit goes Pays out

€ 25,172 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 4,938

▼ 98% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,170

▼ 91% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 389,241

▼ 9% vs 2024

€ 37,610 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 19,658

▼ 88% 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	€ 544,456 Gross margin 2022: € 544,456 First fiscal year in the series	€ 636,036 Gross margin 2023: € 636,036 ▲ 17% vs 2022 (€ 544,456) Favourable step	€ 694,120 Gross margin 2024: € 694,120 ▲ 9% vs 2023 (€ 636,036) Favourable step	€ 43,577 Gross margin 2025: € 43,577 ▼ 94% vs 2024 (€ 694,120) Unfavourable step	▼ 94%
Profit after taxes	€ 64,784 Profit after taxes 2022: € 64,784 First fiscal year in the series	€ 146,540 Profit after taxes 2023: € 146,540 ▲ 126% vs 2022 (€ 64,784) Favourable step	€ 152,876 Profit after taxes 2024: € 152,876 ▲ 4% vs 2023 (€ 146,540) Favourable step	€ 1,419 Profit after taxes 2025: € 1,419 ▼ 99% vs 2024 (€ 152,876) Unfavourable step	▼ 99%
Equity	€ 424,399 Equity 2022: € 424,399 First fiscal year in the series	€ 500,939 Equity 2023: € 500,939 ▲ 18% vs 2022 (€ 424,399) Favourable step	€ 562,215 Equity 2024: € 562,215 ▲ 12% vs 2023 (€ 500,939) Favourable step	€ 123,219 Equity 2025: € 123,219 ▼ 78% vs 2024 (€ 562,215) Unfavourable step	▼ 78%
Total debts	€ 822,254 Total debts 2022: € 822,254 First fiscal year in the series	€ 856,765 Total debts 2023: € 856,765 ▲ 4% vs 2022 (€ 822,254) Unfavourable step	€ 733,072 Total debts 2024: € 733,072 ▼ 14% vs 2023 (€ 856,765) Favourable step	€ 452,172 Total debts 2025: € 452,172 ▼ 38% vs 2024 (€ 733,072) Favourable step	▼ 38%
Cash	€ 239,574 Cash 2022: € 239,574 First fiscal year in the series	€ 261,069 Cash 2023: € 261,069 ▲ 9% vs 2022 (€ 239,574) Favourable step	€ 157,410 Cash 2024: € 157,410 ▼ 40% vs 2023 (€ 261,069) Unfavourable step	€ 22,902 Cash 2025: € 22,902 ▼ 85% vs 2024 (€ 157,410) Unfavourable step	▼ 85%
Land & buildings	€ 569,380 Land & buildings 2022: € 569,380 First fiscal year in the series	€ 549,693 Land & buildings 2023: € 549,693 ▼ 3% vs 2022 (€ 569,380) Unchanged	€ 530,007 Land & buildings 2024: € 530,007 ▼ 4% vs 2023 (€ 549,693) Unchanged	€ 510,320 Land & buildings 2025: € 510,320 ▼ 4% vs 2024 (€ 530,007) Unchanged	▼ 4%
Retained profit	€ 405,799 Retained profit 2022: € 405,799 First fiscal year in the series	€ 482,339 Retained profit 2023: € 482,339 ▲ 19% vs 2022 (€ 405,799) Favourable step	€ 543,615 Retained profit 2024: € 543,615 ▲ 13% vs 2023 (€ 482,339) Favourable step	€ 118,356 Retained profit 2025: € 118,356 ▼ 78% vs 2024 (€ 543,615) Unfavourable step	▼ 78%
Dividend	€ 44,000 Dividend 2022: € 44,000 First fiscal year in the series	€ 70,000 Dividend 2023: € 70,000 ▲ 59% vs 2022 (€ 44,000) Unchanged	€ 91,600 Dividend 2024: € 91,600 ▲ 31% vs 2023 (€ 70,000) Unchanged	€ 25,172 Dividend 2025: € 25,172 ▼ 73% vs 2024 (€ 91,600) Unchanged	▼ 73%
Bank debt	€ 504,133 Bank debt 2022: € 504,133 First fiscal year in the series	€ 463,398 Bank debt 2023: € 463,398 ▼ 8% vs 2022 (€ 504,133) Favourable step	€ 426,495 Bank debt 2024: € 426,495 ▼ 8% vs 2023 (€ 463,398) Favourable step	€ 389,241 Bank debt 2025: € 389,241 ▼ 9% vs 2024 (€ 426,495) Favourable step	▼ 9%
Balance sheet total	€ 1,246,653 Balance sheet total 2022: € 1,246,653 First fiscal year in the series	€ 1,357,704 Balance sheet total 2023: € 1,357,704 ▲ 9% vs 2022 (€ 1,246,653) Unchanged	€ 1,295,286 Balance sheet total 2024: € 1,295,286 ▼ 5% vs 2023 (€ 1,357,704) Unchanged	€ 575,390 Balance sheet total 2025: € 575,390 ▼ 56% vs 2024 (€ 1,295,286) Unchanged	▼ 56%
Employees (FTE)	4.5 Employees (FTE) 2022: 4.5 First fiscal year in the series	3.9 Employees (FTE) 2023: 3.9 ▼ 0.6 vs 2022 (4.5) Unchanged	3.6 Employees (FTE) 2024: 3.6 ▼ 0.3 vs 2023 (3.9) Unchanged	-

Key figures of VOLGUS, 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 October 2026.

What happened to VOLGUS?

What happened at VOLGUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 15, 2025 New annual accounts for financial year 2025: profit of € 1,419 (▼ 99% vs 2024). Source: NBB ↗
Nov 19, 2019 New establishment in Oostende. KBO
Nov 7, 2006 Start of the company according to the CBE. KBO

In short

From € 64,784 profit in 2022 to € 1,419 profit in 2025.

Paid € 191,680 in corporate taxes since 2022.

Best year ever: 2024, with € 152,876 profit.

On average € 192,800 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

TOAPE BV

VOLGUS

CONVERGE IT

Behind VOLGUS is TOAPE BV. TOAPE BV is also behind CONVERGE IT.

Directors

According to the 2025 annual accounts

TOAPE BV

Director · represented by Niek Vandenabeele

Also active at: CONVERGE IT

Establishments

Establishment units

Physical locations of this company

Registered office

Velodroomstraat 43

8400 Oostende

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 →

TOAPE same network

€ 109,072 gross margin · 2025

HAMANI

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0884.793.022

VAT number

BE 0884.793.022

Registered office

Velodroomstraat 43, 8400 Oostende

Names & denominations

VOLGUS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 November 2006

Peppol

Active · Active since 10 Sept 2024

Activities · NACE

Gastenkamers

Vakantieverblijven en andere accommodatie voor kort verblijf, neg

Hotels en dergelijke accommodatie

View on CBE Public ↗ Annual accounts (NBB) ↗

VOLGUS

Warning lights

Financials

What happened to VOLGUS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions