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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VUAR from Oudergem, company number BE1008867702, closed financial year 2025 with a result of € 82,209 after tax. For that financial year VUAR recorded a gross margin of € 122,962 and equity of € 101,843. Compared with financial year 2024, the result moved from € -366 to € 82,209. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 30, 2026.
€ 101,843
▲ € 82,209 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,209
▲ still € 366 loss in 2024
Profit after tax over the fiscal year.
€ 4,641
▼ 62% 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 € 81,843.
Debts at end 2025
€ 259,625
▼ 13% vs 2024
€ 39,090 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 662
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,646
▲ € 24,683 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 2,042 | € 122,962 | ▲ € 120,920 |
| Profit after taxes | € -366 | € 82,209 | ▲ € 82,574 |
| Equity | € 19,634 | € 101,843 | ▲ € 82,209 |
| Total debts | € 446,049 | € 423,179 | ▼ 5% |
| Cash | € 12,083 | € 4,641 | ▼ 62% |
| Retained profit | € -366 | € 81,843 | ▲ € 82,209 |
| Bank debt | € 296,965 | € 259,625 | ▼ 13% |
| Balance sheet total | € 465,683 | € 525,021 | ▲ 13% |
Key figures of VUAR, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VUAR?
What happened at VUAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,209. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oudergem. KBO
In short
From € 366 loss in 2024 to € 82,209 profit in 2025.
Paid € 27,446 in corporate taxes since 2024.
Best year ever: 2025, with € 82,209 profit.
Management
Behind VUAR is Carl ENGELS. It owns 100% of OPTICIENS VANDERDONCKT SRL itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Louis Clesselaan 2 box 1
1160 Oudergem
Th. Baronstraat 5 box 2
1160 Oudergem
Active since 26 April 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ENGELS Carl(oprichter) 100%
Details
- Company number
- 1008.867.702
- VAT number
- BE 1008.867.702
- Registered office
- Louis Clesselaan 2 bus 1, 1160 Oudergem
- Names & denominations
- VUAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2024
- Peppol
- Active · Active since 18 Dec 2025
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