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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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VEPA Management from Sint-Truiden, company number BE0893988424, closed financial year 2025 with a result of € 63,016 after tax. For that financial year VEPA Management recorded a gross margin of € 52,734 and equity of € 568,613. Compared with financial year 2024, the result moved from € 60,335 to € 63,016. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 568,613
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,016
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 19,817
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 188,125 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 23,921
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 152,600
▼ 21% vs 2024
€ 41,410 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,630
▲ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 68,752 | € 102,659 | € 117,759 | € 52,734 | ▼ 55% |
| Profit after taxes | € 36,067 | € 51,330 | € 60,335 | € 63,016 | ▲ 4% |
| Equity | € 582,056 | € 633,386 | € 693,721 | € 568,613 | ▼ 18% |
| Total debts | € 481,377 | € 404,223 | € 369,074 | € 491,947 | ▲ 33% |
| Cash | € 5,982 | € 6,927 | € 42,407 | € 19,817 | ▼ 53% |
| Land & buildings | € 3,138 | € 2,295 | € 1,452 | € 609 | ▼ 58% |
| Retained profit | € 472,556 | € 523,886 | € 584,221 | € 459,113 | ▼ 21% |
| Dividend | € 0 | € 0 | € 0 | € 188,125 | |
| Bank debt | € 59,881 | € 229,979 | € 192,169 | € 152,600 | ▼ 21% |
| Balance sheet total | € 1,063,433 | € 1,037,610 | € 1,062,795 | € 1,060,559 |
Key figures of VEPA Management, 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 VEPA Management?
What happened at VEPA Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,016 (▲ 4% vs 2024). Source: NBB ↗
- Silver Palmans became a director. NBB
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
- Veerle Palmans became a director. NBB
In short
From € 36,067 profit in 2022 to € 63,016 profit in 2025.
Paid € 89,145 in corporate taxes since 2022.
Best year ever: 2025, with € 63,016 profit.
Paid out € 188,125 in dividends to the owners in total.
Management
Behind VEPA Management are Veerle Palmans and Silver Palmans. It owns 88.2% of Apotheek Palmans itself.
Directors
According to the 2025 annual accounts
Veerle Palmans
Director
since 2007
Silver Palmans
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Terwouwenstraat 72
3800 Sint-Truiden
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0893.988.424
- VAT number
- BE 0893.988.424
- Registered office
- Terwouwenstraat 72, 3800 Sint-Truiden
- Names & denominations
- VEPA Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2007
- Peppol
- Active · Active since 7 Jul 2025
- Activities · NACE
Activiteiten van holdings
Holdings