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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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Vulpia Care from Brasschaat, company number BE0885883479, closed financial year 2025 with a result of € 704,720 after tax. For that financial year Vulpia Care recorded revenue of € 10.3 million and equity of € 25.2 million. Compared with financial year 2024, the result moved from € 1.2 million to € 704,720. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 25.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 704,720
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.2 million.
People and assets in 2025
40.5
▲ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 35% vs 2024
€ 97,400 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.
€ 3.5 million
▲ 1% vs 2024
Of which on lease € 3.3 million.
Debts at end 2025
€ 24 million
▲ 24% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 795,308
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 1.8 million
▲ 57% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,103,828 | € 7,101,950 | € 7,961,730 | € 10,263,341 | ▲ 29% |
| Profit after taxes | € 92,187 | € -1,214,926 | € 1,199,568 | € 704,720 | ▼ 41% |
| Equity | € 26,539,965 | € 25,325,039 | € 24,481,607 | € 25,186,327 | ▲ 3% |
| Total debts | € 6,760,363 | € 18,480,167 | € 21,704,745 | € 26,722,082 | ▲ 23% |
| Cash | € 1,030,032 | € 1,309,420 | € 1,869,185 | € 2,580,394 | ▲ 38% |
| Retained profit | € 1,496,539 | € 281,613 | € 1,481,181 | € 2,185,901 | ▲ 48% |
| Bank debt | € 5,579,816 | € 15,789,495 | € 19,303,416 | € 24,005,504 | ▲ 24% |
| Balance sheet total | € 33,300,328 | € 43,805,206 | € 46,186,352 | € 51,908,409 | ▲ 12% |
| Employees (FTE) | 16.5 | 28.3 | 34.7 | 40.5 | ▲ 5.8 |
Key figures of Vulpia Care, 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 Vulpia Care?
What happened at Vulpia Care in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Trees Paelinck stepped down as director. NBB
- Akeley BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 704,720 (▼ 41% vs 2024). Source: NBB ↗
- Green Tara Group NV stepped down as director. NBB
- LOGIKA BV stepped down as director. NBB
- ADAX 68 BV stepped down as director. NBB
- Trees Paelinck became a director. NBB
- Akeley BV became a director. NBB
In short
From € 92,187 profit in 2022 to € 704,720 profit in 2025.
Paid € 634,371 in corporate taxes since 2022.
Best year ever: 2024, with € 1.2 million profit.
Pays suppliers within 50 days on average.
A new publication or filing at Vulpia Care? 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 Luc Van Moerzeke (100%). It owns 100% of Monterry and 49% of Sense Real Estate itself.
Directors
According to the 2025 annual accounts
Trees Paelinck
Director
since 2026 · until 2030
Managing director · represented by Luc Van Moerzeke
Also active at: Sense Real Estate, SEMAJULI
since 2022 · until 2026
since 2022 · until 2025
since 2026 · until 2030
Director · represented by Patrick De Vos
Also active at: WorxInvest Subholding, Ter Wind Invest, WorxInvest Holding, WorxInvest, ECS corporate, HAZELHEARTWOOD, SEMAJULI
since 2022 · until 2026
since 2022 · until 2026
Shareholders
Luc Van Moerzeke
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Ruiterijschool 6
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Sense Finishing Invest
€ -51,745 gross margin · 2025
SENSE INVEST
€ 1.2 million revenue · 2025
OVERSEAS DISTRIBUTION AFRICA
€ 28.9 million revenue · 2025
Sense Real Estate same network
€ 9.1 million revenue · 2025
BURDOCK CONSULTANTS BELGIUM
€ 18.8 million revenue · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0885.883.479
- VAT number
- BE 0885.883.479
- Registered office
- Ruiterijschool 6, 2930 Brasschaat
- Names & denominations
- Vulpia Care
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2006
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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