VAB
ActiveSummary
VAB has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59.2m and a net result of €500,950. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 572 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability62▲+5
Solvency70▲+1
Growth51=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.7 in 2023; short-term debt: 23% and cash: 9.1% of total assets), but 54.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.4%
Return on assets
0.4%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
27 d early
2022
155 d late
2021
48 d early
2020
54 d early
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money Which other companies belong to the same group?KBC Groep · 74 companies
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#1 employer in Belgium, Repair of computers and personal goods sector#1 company by total assets in East Flanders, Repair of computers and personal goods sector#1 company by equity in East Flanders, Repair of computers and personal goods sector
Turnover
€237.8m▲ 4.2%
2023 · €228.2m
EBIT margin
0.7%▲ 1.9pp
2023 · -1.2%
Net result
€500,950
2023 · -€2.5m
Working capital
€34.3m▲ 10.3%
2023 · €31.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€170.7m▼ 10.6%€181.4m▲ 6.2%€222.7m▲ 22.8%€228.2m▲ 2.4%€237.8m▲ 4.2%
Operating result€10.4m▲ 58.4%€7.6m▼ 27.4%€4.7m▼ 37.6%-€2.8m€1.6m
Net result€11.2mabove the sector's middle half▲ 124%€5.6mabove the sector's middle half▼ 50.2%€3.5mabove the sector's middle half▼ 37.5%-€2.5mbelow the sector's middle half€500,950above the sector's middle half
EBIT margin6.1%▲ 2.7pp4.2%▼ 1.9pp2.1%▼ 2.1pp-1.2%▼ 3.3pp0.7%▲ 1.9pp
Equity€55.5mabove the sector's middle half▲ 18.5%€59.4mabove the sector's middle half▲ 7.1%€61.2mabove the sector's middle half▲ 3.1%€58.7mabove the sector's middle half▼ 4.1%€59.2mabove the sector's middle half▲ 0.9%
Total assets€110.0mabove the sector's middle half▲ 5.0%€120.4mabove the sector's middle half▲ 9.5%€130.3mabove the sector's middle half▲ 8.2%€133.3mabove the sector's middle half▲ 2.3%€130.4mabove the sector's middle half▼ 2.1%
Debt€46.0m▼ 8.3%€51.3m▲ 11.7%€58.1m▲ 13.1%€74.5m▲ 28.3%€71.2m▼ 4.5%
Working capital€48.1m▲ 16.1%€52.5m▲ 9.3%€49.8m▼ 5.3%€31.1m▼ 37.5%€34.3m▲ 10.3%
Solvency50.4%within the sector's middle half▲ 5.8pp49.3%within the sector's middle half▼ 1.1pp47.0%within the sector's middle half▼ 2.4pp44.0%within the sector's middle half▼ 2.9pp45.4%within the sector's middle half▲ 1.3pp
Staff (FTE)715.2above the sector's middle half▲ 11.0%714.1above the sector's middle half▼ 0.2%707.1above the sector's middle half▼ 1.0%750.7above the sector's middle half▲ 6.2%790.9above the sector's middle half▲ 5.4%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1.6m after a loss of €2.8m in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130.4m
Fixed assets
€66.1m ▲ 13.8%
Current assets
€64.3m ▼ 14.5%
Equity and liabilities €130.4m
Equity
€59.2m ▲ 0.9%
Provisions
€80,025 ▼ 14.6%
Debt
€71.2m ▼ 4.5%
Debt's share of the balance-sheet total falls from 55.9% to 54.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16.3m▲
2023 · €10.7m
Cash flow
€15.2m▲
2023 · €11.0m
Current ratio
2.14▲
2023 · 1.70
Quick ratio
2.06▲
2023 · 1.64
Debt to equity
1.20▼
2023 · 1.27
ROE
0.8%▲
2023 · -4.3%
ROA
0.4%▲
2023 · -1.9%
Interest coverage
218.65▲
2023 · 50.27
Debt ≤ 1 year
€30.0m▼
2023 · €44.1m
Debt > 1 year
€8.1m
Income taxes
€638,328▲
2023 · -€59,310
Staff costs
€59.6m▲
2023 · €55.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 496 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Large
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
3.4%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 496 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €185.3m | €227.1m | €236.2m | €245.3m | ▲ 3.9% |
| Turnover70 | €170.7m | €181.4m | €222.7m | €228.2m | €237.8m | ▲ 4.2% |
| Own construction capitalised72 | - | - | - | €1.5m | €1.2m | ▼ 21.7% |
| Other operating income74 | - | €3.3m | €4.4m | €6.6m | €6.4m | ▼ 2.6% |
| Non-recurring operating income76A | - | €611,441 | - | - | - | - |
| Operating charges60/66A | - | €177.7m | €222.3m | €239.0m | €243.8m | ▲ 2.0% |
| Goods for resale, raw materials and consumables60 | - | €98.1m | €132.6m | €134.9m | €134.1m | ▼ 0.6% |
| Purchases600/8 | - | €97.4m | €133.7m | €134.5m | €134.0m | ▼ 0.3% |
| Change in stocks: decrease (increase)609 | - | €691,237 | -€1.1m | €387,527 | €25,692 | ▼ 93.4% |
| Services and other goods61 | - | €21.7m | €30.3m | €33.6m | €33.9m | ▲ 0.9% |
| Remuneration, social security and pensions62 | - | €44.6m | €45.7m | €55.7m | €59.6m | ▲ 7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11.0m | €11.1m | €11.6m | €13.5m | €14.7m | ▲ 9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €676,594 | €486,541 | €256,774 | €988,432 | ▲ 285% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €14,587 | €6,744 | -€17,199 | €23,303 | ▲ 235% |
| Other operating charges640/8 | - | €283,109 | €330,301 | €380,136 | €403,596 | ▲ 6.2% |
| Non-recurring operating charges66A | - | €1.2m | €1.4m | €756,715 | €110,834 | ▼ 85.4% |
| Operating profit (loss)9901 | €10.4m | €7.6m | €4.7m | -€2.8m | €1.6m | ▲ 156% |
| Financial income75/76B | - | €101,003 | €153,274 | €546,722 | €200,915 | ▼ 63.3% |
| Recurring financial income75 | €1.6m | €52,003 | €153,274 | €546,722 | €200,915 | ▼ 63.3% |
| Income from financial fixed assets750 | - | €41,474 | €97,712 | €376,649 | €27,411 | ▼ 92.7% |
| Income from current assets751 | - | €2,034 | €28,903 | €153,206 | €156,165 | ▲ 1.9% |
| Other financial income752/9 | - | €8,496 | €26,659 | €16,867 | €17,339 | ▲ 2.8% |
| Non-recurring financial income76B | - | €49,000 | - | - | - | - |
| Financial charges65/66B | - | €77,296 | €91,461 | €367,425 | €652,288 | ▲ 77.5% |
| Recurring financial charges65 | €83,468 | €77,296 | €91,461 | €212,814 | €324,028 | ▲ 52.3% |
| Debt charges650 | €2,858 | €13,253 | €729 | - | €74,418 | - |
| Other financial charges652/9 | - | €64,043 | €90,731 | €212,814 | €249,610 | ▲ 17.3% |
| Non-recurring financial charges66B | - | - | - | €154,612 | €328,260 | ▲ 112% |
| Profit (loss) for the period before taxes9903 | €14.0m | €7.6m | €4.8m | -€2.6m | €1.1m | ▲ 142% |
| Transfer from deferred taxes780 | - | €37,028 | €37,028 | €37,028 | €37,028 | = |
| Income taxes67/77 | €2.8m | €2.1m | €1.3m | -€59,310 | €638,328 | ▲ 1,176% |
| Taxes670/3 | - | €2.1m | €1.4m | €21,546 | €812,608 | ▲ 3,671% |
| Tax adjustments and reversals of tax provisions77 | - | - | €9,960 | €80,856 | €174,280 | ▲ 116% |
| Profit (loss) for the period9904 | €11.2m | €5.6m | €3.5m | -€2.5m | €500,950 | ▲ 120% |
| Transfer from tax-exempt reserves789 | - | €148,114 | €55,492 | €111,085 | €111,085 | = |
| Transfer to tax-exempt reserves689 | - | €168,000 | €190,500 | €134,500 | €89,667 | ▼ 33.3% |
| Profit (loss) for the period to be appropriated9905 | €11.2m | €5.6m | €3.4m | -€2.5m | €522,368 | ▲ 121% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €110.0m | €120.4m | €130.3m | €133.3m | €130.4m | ▼ 2.1% |
| Fixed assets21/28 | €40.0m | €41.0m | €48.0m | €58.1m | €66.1m | ▲ 13.8% |
| Intangible fixed assets21 | €3.5m | €2.4m | €2.1m | €11.1m | €20.3m | ▲ 82.7% |
| Tangible fixed assets22/27 | €27.9m | €30.0m | €36.9m | €38.1m | €37.2m | ▼ 2.5% |
| Land and buildings22 | - | €3.8m | €3.7m | €3.5m | €3.4m | ▼ 4.5% |
| Plant, machinery and equipment23 | - | €870,481 | €569,760 | €579,308 | €709,520 | ▲ 22.5% |
| Furniture and vehicles24 | - | €21.9m | €24.3m | €27.4m | €31.4m | ▲ 14.6% |
| Other tangible fixed assets26 | - | €851,185 | €700,430 | €535,536 | €451,012 | ▼ 15.8% |
| Assets under construction and advance payments27 | - | €2.6m | €7.6m | €6.1m | €1.2m | ▼ 80.0% |
| Financial fixed assets28 | €8.6m | €8.6m | €9.0m | €8.9m | €8.7m | ▼ 2.1% |
| Affiliated companies280/1 | - | €8.5m | €9.0m | €8.8m | €8.6m | ▼ 2.2% |
| Participating interests280 | - | €8.5m | €9.0m | €8.8m | €8.6m | ▼ 2.2% |
| Other financial fixed assets284/8 | - | €43,766 | €43,766 | €54,256 | €61,756 | ▲ 13.8% |
| Shares284 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Amounts receivable and cash guarantees285/8 | - | €18,766 | €18,766 | €29,256 | €36,756 | ▲ 25.6% |
| Current assets29/58 | €70.0m | €79.5m | €82.3m | €75.2m | €64.3m | ▼ 14.5% |
| Amounts receivable after more than one year29 | - | - | €2.9m | €2.9m | €2.9m | = |
| Other amounts receivable291 | - | - | €2.9m | €2.9m | €2.9m | = |
| Stocks and contracts in progress3 | €2.7m | €2.0m | €3.1m | €2.6m | €2.6m | ▼ 2.7% |
| Stocks30/36 | - | €2.0m | €3.1m | €2.6m | €2.6m | ▼ 2.7% |
| Goods purchased for resale34 | - | €2.0m | €3.1m | €2.6m | €2.6m | ▼ 2.7% |
| Amounts receivable within one year40/41 | €41.6m | €41.0m | €48.4m | €54.7m | €43.8m | ▼ 19.9% |
| Trade receivables40 | - | €25.4m | €35.1m | €51.9m | €43.5m | ▼ 16.3% |
| Other amounts receivable41 | - | €15.7m | €13.3m | €2.7m | €310,327 | ▼ 88.6% |
| Current investments50/53 | €2.0m | €2.0m | €2.0m | €2.0m | - | - |
| Other investments51/53 | - | €2.0m | €2.0m | €2.0m | - | - |
| Cash at bank and in hand54/58 | €23.0m | €33.4m | €25.4m | €10.3m | €11.9m | ▲ 16.2% |
| Deferred charges and accrued income490/1 | - | €1.1m | €589,633 | €2.8m | €3.2m | ▲ 14.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €110.0m | €120.4m | €130.3m | €133.3m | €130.4m | ▼ 2.1% |
| Equity10/15 | €55.5m | €59.4m | €61.2m | €58.7m | €59.2m | ▲ 0.9% |
| Contributions10/11 | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Capital10 | - | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Issued capital100 | - | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Reserves13 | €8.1m | €8.1m | €8.2m | €8.2m | €8.2m | ▼ 0.3% |
| Non-distributable reserves130/1 | - | €328,937 | €328,937 | €328,937 | €328,937 | = |
| Legal reserve130 | - | €328,937 | €328,937 | €328,937 | €328,937 | = |
| Tax-exempt reserves132 | - | €1.4m | €1.5m | €1.6m | €1.5m | ▼ 1.4% |
| Distributable reserves133 | - | €6.4m | €6.4m | €6.4m | €6.4m | = |
| Profit (loss) carried forward14 | €44.1m | €48.0m | €49.7m | €47.2m | €47.7m | ▲ 1.1% |
| Provisions and deferred taxes16 | €8.5m | €9.7m | €11.1m | €93,750 | €80,025 | ▼ 14.6% |
| Provisions for liabilities and charges160/5 | - | €9.5m | €10.9m | €21,460 | €44,763 | ▲ 109% |
| Taxes161 | - | €9.5m | €10.9m | - | - | - |
| Other liabilities and charges164/5 | - | €31,914 | €38,659 | €21,460 | €44,763 | ▲ 109% |
| Deferred taxes168 | - | €146,348 | €109,319 | €72,291 | €35,262 | ▼ 51.2% |
| Amounts payable17/49 | €46.0m | €51.3m | €58.1m | €74.5m | €71.2m | ▼ 4.5% |
| Amounts payable after more than one year17 | - | - | - | - | €8.1m | - |
| Financial debts170/4 | - | - | - | - | €8.1m | - |
| Credit institutions173 | - | - | - | - | €8.1m | - |
| Amounts payable within one year42/48 | €21.9m | €26.9m | €32.6m | €44.1m | €30.0m | ▼ 31.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1.9m | - |
| Trade debts44 | €10.3m | €15.7m | €20.9m | €32.5m | €16.4m | ▼ 49.4% |
| Suppliers440/4 | - | €15.7m | €20.9m | €32.5m | €16.4m | ▼ 49.4% |
| Advances received on contracts in progress46 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Taxes, remuneration and social security45 | - | €8.8m | €9.2m | €10.3m | €10.8m | ▲ 4.5% |
| Taxes450/3 | - | €2.7m | €2.9m | €2.5m | €2.6m | ▲ 6.2% |
| Remuneration and social security454/9 | - | €6.2m | €6.3m | €7.8m | €8.1m | ▲ 4.0% |
| Other amounts payable47/48 | - | €2.3m | €2.4m | €1.2m | €915,920 | ▼ 24.9% |
| Accrued charges and deferred income492/3 | - | €24.4m | €25.5m | €30.4m | €33.0m | ▲ 8.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11.2m | €5.6m | €3.5m | -€2.5m | €500,950 | ▲ 120% |
| + Depreciation and write-downs630 | €11.0m | €11.1m | €11.6m | €13.5m | €14.7m | ▲ 9.2% |
| Operating cash flow (approximation) | €22.2m | €16.7m | €15.1m | €11.0m | €15.2m | ▲ 38.7% |
| Investment in fixed assets (approximation) | - | -€12.1m | -€18.6m | -€23.6m | -€22.7m | ▲ 3.5% |
| Change in cash | - | €10.4m | -€8.0m | -€15.1m | €1.7m | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €500,950
Net result €500,950 after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 155 days late
2023
31-12
Financial
Weakest financial yearnet -€2.5m
Net result drops to -€2.5m, the lowest in the series; recovery starts the following year.
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €11.2m ▲124%
Operating result €10.4m, net result €11.2m, both a record.
31-12
Financial
Equity above €50mEq €55.5m ▲18.5%
3 profitable years in a row build equity to €55.5m.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-11
State Gazette act
Board meeting · Merger
Corporate purpose · Accounting effect
Show earlier events
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 37 acts read
About the unread acts
We know of 37 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
37 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 13 establishment units since 1989
Ground area
8.8 ha
Building footprint
3.8 ha
Volume, LiDAR
285,032 m³
13 parcels, Flanders, Wallonia · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
13 establishment units
VAB
since 19892.142.934.688
VAB
since 19892.142.934.490
VAB
since 19892.142.934.589
VAB
since 19922.042.074.583
VAB
since 20062.267.293.440
VAB
since 20062.267.293.242
Show 7 more locations
VAB
since 20082.267.293.044
VAB
since 20102.315.335.164
VAB
since 20122.267.293.341
VAB
since 20122.267.292.945
VAB
since 20152.267.293.143
VAB
since 20192.295.202.320
VAB
since 20202.305.962.192
13 parcels
Flanders
10
(76.9%)
Wallonia
3
(23.1%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014C0103/00Y000 | Flanders | 2.7 ha | 1 · 1.6 ha | 12.5 m · 3 fl. |
| 11011A0604/00W003 | Flanders | 1.3 ha | 1 · 4,235 m² | 15.0 m · 2 fl. |
| 13004D0176/00L025 | Flanders | 1.2 ha | 1 · 5,726 m² | 8.4 m · 2 fl. |
| 52034B1039/00Z004 | Wallonia | 9,994 m² | 1 · 3,265 m² | 11.1 m · 3 fl. |
| 62001B0281/00W000 | Wallonia | 7,393 m² | 1 · 4,277 m² | 8.3 m · 2 fl. |
| 92028A0515/00B003 | Wallonia | 5,855 m² | 1 · 678 m² | - |
| 46016D1369/00P000 | Flanders | 3,684 m² | 1 · 1,005 m² | - |
| 46442C1276/40A000 | Flanders | 3,100 m² | 1 · 993 m² | 7.1 m · 2 fl. |
| 23402D0410/00E000 | Flanders | 1,977 m² | 1 · 494 m² | 5.8 m · 2 fl. |
| 44412C0124/00H000 | Flanders | 1,492 m² | 1 · 459 m² | 7.1 m · 2 fl. |
| 71542B0622/00K000 | Flanders | 1,469 m² | 1 · 751 m² | - |
| 11052C0188/00D002 | Flanders | 255 m² | 1 · 127 m² | 8.3 m · 2 fl. |
| 36005C0579/00D002 | Flanders | 160 m² | 1 · 47 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
13 of 13 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
KBC Groep
74 companies
Group, risk and exposure
Owners and holdings
1 owner · 5 holdingsChain of control
Highest known parent: KBC Groep. The sources do not say who stands above it.
Owners 1
- Groep VABparent100%
Holdings 5
- DEPANNAGE 2000subsidiaryEquity €8.3mResult €716,615100%
-
76.14%
-
50.08%
-
25.33%
- Equity €210,737Result -€815,95318.5%
According to the 2024 annual accounts of VAB and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 134,624 EUR awarded · 108,541 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 9,424 EUR | 9,424 EUR |
| 2024 | 1 | 14,929 EUR | 14,929 EUR |
| 2023 | 3 | 58,373 EUR | 69,551 EUR |
| 2022 | 2 | 51,898 EUR | 14,637 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
5493003EVC8EMBF6QZ15
Similar companies · same sector, comparable size
L. LOUYET
BE 0471.397.135
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Ziegler
BE 0403.480.507
Brussel · Eq €26.1m
Autobedrijf Lagrou
BE 0420.474.907
Diksmuide · Eq €23.1m
LE COUTER
BE 0434.641.162
Tielt · Eq €16.7m
Claes & Zonen
BE 0437.160.687
Sint-Truiden · Eq €16.5m
Of 7,378 companies in sector 95311 we hold annual accounts for 2,961. 25 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-12-1988
Fiscal year end31-12
Trade name NL
VTB-VAB, VAB, Auto-Assistance, Europech
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
52210Service activities incidental to land transportation
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46491Wholesale trade
85531Driving schools for cars and motorcycles
Contact
Phone
03 210 71 01
Fax
03 253 68 56
Phone
051/22.94.14.Hooglede
Fax
051/20.43.51.Hooglede
Phone
03/354.17.92.Wommelgem
Fax
03/354.37.88Wommelgem
Phone
04/263.49.24.Ans
Fax
04/247.37.79.Ans
Phone
03/776.85.01.Beveren-Kruibeke-Zwijndrecht
Fax
03/211.09.04.Beveren-Kruibeke-Zwijndrecht
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436267594
Also
9925:BE0436267594
Registered
03-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.