Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 170.5 to 87.6.
-
Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VEEPEE NORTHERN EUROPE from Vorst, company number BE0885188247, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year VEEPEE NORTHERN EUROPE recorded revenue of € 16.7 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.6 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 5, 2026.
€ 1.4 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
87.6
▼ 12.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.2 million
▼ 17% vs 2024
€ 104,800 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.
€ 26,337
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.7 million
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.
€ 1.3 million
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 49,199,953 | € 22,090,310 | € 16,322,787 | € 16,704,472 | ▲ 2% |
| Profit after taxes | € 16,462,401 | € 1,890,736 | € 1,394,486 | € 1,618,465 | ▲ 16% |
| Equity | € 21,543,745 | € 1,715,668 | € 1,926,746 | € 1,445,211 | ▼ 25% |
| Total debts | € 19,406,932 | € 28,077,502 | € 6,103,144 | € 6,814,697 | ▲ 12% |
| Cash | € 77,078 | € 0 | - | - | |
| Retained profit | € 20,301,049 | € 472,972 | € 684,050 | € 202,515 | ▼ 70% |
| Dividend | € 25,000,000 | € 21,718,813 | € 1,183,408 | € 2,100,000 | ▲ 77% |
| Balance sheet total | € 41,043,677 | € 31,133,429 | € 8,511,097 | € 8,290,106 | ▼ 3% |
| Employees (FTE) | 232.6 | 170.5 | 100 | 87.6 | ▼ 12.4 |
Key figures of VEEPEE NORTHERN EUROPE, 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 VEEPEE NORTHERN EUROPE?
What happened at VEEPEE NORTHERN EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SHV Consult stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 16% vs 2024). Source: NBB ↗
- SHV Consult became a director. NBB
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 16.5 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 2.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 16.5 million profit.
Paid out € 50 million in dividends to the owners in total.
A new publication or filing at VEEPEE NORTHERN EUROPE? 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 shares are held by Vente-Privée.com SA (50.3%) and Vente-Privée.com Holding SA Luxembourg (49.7%). It owns 0.1% of Vente-Privée.com itself.
Directors
According to the 2025 annual accounts
Director · represented by TOURNOY Stefan Patrick Michel
Also active at: Rf TECHNOLOGIES, Ring Twice, GOLAZO, Dominique London, ACSW, DM Publishing, SGNPST, Grow With Talent +1 more
since 2024 · until 2027
Shareholders
Vente-Privée.com SA
50.3%
Vente-Privée.com Holding SA Luxembourg
49.7%
Participations
Vente-Privée.com
0.1%
Establishments
Establishment units
Physical locations of this company
Humaniteitslaan 292 box 1
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →BIOCODEX Benelux
€ 20 million revenue · 2025
ATAG Heating Belgium
€ 11.5 million revenue · 2025
S.A Therabel-Pharma N.V.
€ 15.7 million revenue · 2025
THERABEL IMMO
€ 396,306 revenue · 2025
CARLOS INTERNATIONAL
+15 more
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
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0885.188.247
- VAT number
- BE 0885.188.247
- Registered office
- Humaniteitslaan 292 bus 1, 1190 Vorst
- Names & denominations
- VEEPEE NORTHERN EUROPE · VEEPEE NORTH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2006
- Peppol
- Active · Active since 8 Oct 2025
- Contact
- veepee.be 02/893.46.00
- Activities · NACE
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