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VADES

Active
Public limited companyfounded 1991active for 35 yearsStationsstraat(HA) 154, 9450 Haaltert, BelgiumKBO/BCE: BE 0444.909.207
Summary

VADES has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of -€77,742. Equity is shrinking by about 32% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 72% of 16,933 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

VADES was incorporated on 19 August 1991.1 Total assets rose from €564,358 in 2018 to €3.1m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
13-05
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Equity above €1mequity €1.8m
Equity rises from -€209,897 to €1.8m.
22-08
Gazette deed Capital & shares · Amendment of the articles
Incorporation · Auditor report · Capital increase9 facts ▸
  • General meeting, 19-08-2025
  • Incorporation, 19-08-1991
  • Other provision, “board report presentation, inbreng in natura, belang, uitgifteprijs, gevolgen voor vermogens- en lidmaatschapsrechten” (deed in Dutch)
  • Auditor report, 11-08-2025
  • Capital increase, €2,115,000
  • Capital, €2,214,157.41
  • Amendment of the articles, 5
  • Power of attorney, Frédéric Bauwens
  • Power of attorney
27-05
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Back to profitnet €24,782
Net result €24,782 after 5 loss-making years.
17-05
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
16-05
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Weakest financial yearnet -€193,247
Net result drops to -€193,247, the lowest in the series; recovery starts the following year.
23-05
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Liquidity doublescurrent ratio 1.29
Current ratio from 0.64 to 1.29.
28-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
12-06
NBB filing Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
29-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 29 days late
2018
28-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 59 days late
2017
24-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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