Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VGP from Antwerpen, company number BE0887216042, closed financial year 2025 with a result of € 245.1 million after tax. For that financial year VGP recorded revenue of € 22.4 million and equity of € 1.8 billion. Compared with financial year 2024, the result moved from € 268.6 million to € 245.1 million. 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 June 3, 2026.
€ 1.8 billion
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 245.1 million
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 377.2 million
▲ € 333.4 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 92.8 million paid out
38 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
9.9
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 33% vs 2024
€ 115,200 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.
€ 454
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 billion
▲ 16% vs 2024
€ 214 million is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 9.3 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 131 days on average.
€ 152,182
▲ 12% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 22,432,504 | |
| Profit after taxes | € 145,362,038 | € 274,800,138 | € 268,628,441 | € 245,059,657 | ▼ 9% |
| Equity | € 1,290,166,666 | € 1,463,988,950 | € 1,642,556,061 | € 1,794,825,257 | ▲ 9% |
| Total debts | € 2,479,896,972 | € 2,125,935,982 | € 2,043,337,863 | € 2,358,136,173 | ▲ 15% |
| Cash | € 441,136,968 | € 48,652,531 | € 43,760,436 | € 377,170,137 | ▲ € 333.4 million |
| Retained profit | € 394,566,310 | € 568,388,594 | € 746,955,705 | € 899,224,901 | ▲ 20% |
| Dividend | € 75,051,108 | € 100,977,854 | € 90,061,330 | € 92,790,461 | ▲ 3% |
| Bank debt | € 2,349,471,313 | € 1,974,000,000 | € 1,896,000,000 | € 2,192,000,000 | ▲ 16% |
| Balance sheet total | € 3,770,063,638 | € 3,589,924,932 | € 3,685,893,924 | € 4,152,961,431 | ▲ 13% |
| Employees (FTE) | 7.9 | 10.2 | 10.7 | 9.9 | ▼ 0.8 |
Key figures of VGP, 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 VGP?
What happened at VGP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VM Invest NV stepped down as director. NBB
- CM Advisers Ltd stepped down as director. NBB
- Jan Van Geet SRO stepped down as director. NBB
- Gaevan BV stepped down as director. NBB
- Vera Gäde-Butzlaff stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 245.1 million (▼ 9% vs 2024). Source: NBB ↗
- VM Invest NV became a director. NBB
- CM Advisers Ltd became a director. NBB
In short
From € 145.4 million profit in 2022 to € 245.1 million profit in 2025.
Paid € 27.7 million in corporate taxes since 2022.
Best year ever: 2023, with € 274.8 million profit.
Paid out € 358.9 million in dividends to the owners in total.
A new publication or filing at VGP? We notify you, reason included.
Follow VGPDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Little Rock S.à r.l. (37.7%), Public (35.3%), VM Invest (24.1%) and Tomanvi SCA (3%). It owns 100% of VGP Park BUD Aerozone Kft, 100% of VGP Park Bremen Oyten S.à r.l., 100% of VGP Park Hagen S.à r.l., 100% of VGP Park Loures II SA, 100% of VGP Green Campus Rüsselsheim S.à r.l. and 100% of VGP Park Verona Srl itself.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Bartje Van Malderen
Also active at: Drylock Technologies, MEZZALUNA
since 2025 · until 2029
Director · represented by Chris Morrish
since 2025 · until 2029
Director · represented by Ann Gaeremynck
since 2023 · until 2027
Jan Van Geet SRO
Managing director · represented by Jan Van Geet
since 2025 · until 2029
Vera Gäde-Butzlaff
Director
since 2023 · until 2027
Shareholders
Participations
VGP Park BUD Aerozone Kft
100%
VGP Park Bremen Oyten S.à r.l.
100%
VGP Park Hagen S.à r.l.
100%
VGP Park Loures II SA
100%
VGP Green Campus Rüsselsheim S.à r.l.
100%
VGP Park Verona Srl
100%
VGP FM Services s.r.o.
100%
VGP DEU 58 S.à r.l.
100%
VGP Park Hagen 2 S.à r.l.
100%
VGP Park Nederland 4 BV
100%
VGP - Industrialne Stavby S.r.o.
100%
VGP Park Rüsselsheim M S.à r.l.
100%
VGP Park Vejle ApS
100%
VGP Park Ceske Budejovice as
100%
VGP Park Italy 16 SRL
100%
VGP Constructions Industrielles SAS
100%
VGP Park Sintra SA
100%
VGP Park Magdeburg 2 S.à r.l.
100%
VGP Park Italy 14 SRL
100%
VGP Park Nederland 6 BV
100%
SUTA S.r.o.
100%
VGP Zone Brasov Two SRL
100%
100%
VGP Park Nederland 5 BV
100%
VGP France 3 SAS
100%
VGP Park Berlin Bernau S.à r.l.
100%
VGP Nederland BV
100%
VGP Park Traiskirchen S.à r.l.
100%
VGP Park Joseph s.r.o.
100%
VGP UK 2 S.à r.l.
100%
VGP France 2 SAS
100%
VGP Park Wiesloch-Walldorf S.à r.l.
100%
VGP Latvija s.i.a.
100%
VGP Park Italy 17 SRL
100%
VGP Park Nederland 7 BV
100%
VGP Park Frankenthal 2 S.à r.l.
100%
VGP - Industriální Stavby s.r.o.
100%
VGP Park Denmark 3 ApS
100%
VGP Italy Srl
100%
VGP Industriebau GmbH
100%
VGP Park Nederland 3 BV
100%
VGP Park Arad SRL
100%
VGP FRA 1 S.à r.l.
100%
VGP Park Copenhagen Greve 1 ApS
100%
VGP Zone Brasov SRL
100%
VGP Park Rostock S.à r.l.
100%
VGP Park Denmark 5 ApS
100%
VGP Park Ehrenfeld S.à r.l.
100%
VGP Park Rüsselsheim 4 S.à r.l.
100%
VGP Park Oradea One SRL
100%
VGP UK 1 S.à r.l.
100%
VGP France 5 SAS
100%
VGP DEU 59 S.à r.l.
100%
VGP Naves Industriales Peninsula S.L.
100%
VGP Industriebau Österreich GmbH
100%
VGP Park Timisoara Four SRL
100%
VGP Park Riga Dreilini s.i.a.
100%
VGP Park Hamburg 4 S.à r.l.
100%
VGP Park Europa Close Sheffield HoldCo S.à r.l.
100%
VGP Park Rüsselsheim P S.à r.l.
100%
VGP Park Tiraines s.i.a.
100%
VGP Logistics S.à r.l.
100%
VGP Construcao Industrial, Unipessoal LDA
100%
VGP Denmark ApS
100%
VGP Park Parma Morse SRL
100%
VGP Park Steinbach (Taunus) S.à r.l.
100%
VGP Park Greece 1 Single member A.E.
100%
VGP Proiecte Industriale SRL
100%
VGP Park Slovakia 2 Sro
100%
VGP DEU 60 S.à r.l.
100%
VGP Park Berlin Wustermark 2 S.à r.l.
100%
VGP Park Kecskemét Gamma Kft
100%
100%
VGP DEU 55 S.à r.l.
100%
VGP Park CZ 1 s.r.o.
100%
VGP Park Italy 18 SRL
100%
VGP Park Bucharest SRL
100%
VGP Park Zvolen Sro
100%
VGP France 4 SAS
100%
VGP Park Denmark 4 ApS
100%
VGP Park Leipzig Flughafen 2 S.à r.l.
100%
VGP Park Bucharest Two SRL
100%
VGP Park Bratislava 2 a.s.
100%
VGP Park Gyõr Beta Kft
100%
VGP Park Sibiu SRL
100%
VGP France 6 SAS
100%
VGP DEU 56 S.à r.l.
100%
VGP Park Italy 15 SRL
100%
VGP Service Kft
100%
VGP Park BUD Aerozone 2 Kft
100%
VGP Park Male Pritocno s.r.o.
100%
VGP France SAS
100%
VGP Park Nürnberg S.à r.l.
100%
VGP Park Riga Airport s.i.a.
100%
VGP Park Italy 8 SRL
100%
VGP Greece Single member A.E.
100%
VGP Park Milano Paderno Dugnano Srl
100%
VGP Park Oradea SRL
100%
VGP CZ X a.s.
100%
VGP Park Vila Nova de Gaia, SA
100%
VGP Park Italy 10 SRL
100%
VGP FRA 2 S.à r.l.
100%
VGP Park Timisoara Three SRL
100%
VGP Park Portugal 7 SA
100%
VGP Park Rochlov a.s.
100%
VGP European Logistics 3 S.à r.l.
100%
VGP Industrial Development Latvia s.i.a.
100%
VGP UK 3 S.à r.l.
100%
VGP Park HU 1 Kft
100%
VGP Park Kecskemet Kft
100%
VGP Park GY Gamma Kft
100%
VGP Asset Management S.à r.l.
100%
VGP European Logistics S.à r.l.
50%
VGP European Logistics 2 S.à r.l.
50%
Grekon 11 GmbH
50%
VGP European Logistics 4 S.à r.l.
50%
VGP Park Laxenburg S.à r.l.
28%
VGP Park Graz 2 S.à r.l.
25%
VGP Park Koblenz S.à r.l.
10.1%
VGP Park Magdeburg S.à r.l.
10.1%
VGP Park Berlin Oberkraemer S.à r.l.
10.1%
VGP Park Goettingen 2 S.à r.l.
10.1%
VGP Park Hochheim S.à r.l.
10.1%
VGP Park Halle 2 S.à r.l.
10.1%
VGP Park Halle S.à r.l.
10.1%
VGP Park Leipzig Flughafen S.à r.l.
10.1%
VGP Park Erfurt 2 S.à r.l.
10.1%
VGP Park Erfurt S.à r.l.
10.1%
VGP Park Giessen Am alten Flughafen S.à r.l.
10.1%
VGP Park Berlin 4 S.à r.l.
10.1%
VGP Park Erfurt 3 S.à r.l.
10.1%
VGP Park Laatzen S.à r.l.
10.1%
Establishments
Establishment units
Physical locations of this company
Generaal Lemanstraat 55 box 4
2018 Antwerpen
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 →Maandag België Flex
€ -2,537 gross margin · 2025
Elanco Belgium
€ 27.1 million revenue · 2025
BM QRS
Padoki
Maroussia
+10 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
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
vgpparks.eu
Registrar
Ascio Technologies Inc.
Website info
Features
Security
Details
- Company number
- 0887.216.042
- VAT number
- BE 0887.216.042
- Registered office
- Generaal Lemanstraat 55 bus 4, 2018 Antwerpen
- Names & denominations
- VGP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2007
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- vgpparks.eu
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings