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VAS

Active
Public limited companyfounded 198541 yrs activeTwaalfkameren 17, 9000 Gent, BelgiumKBO/BCE: BE 0427.671.614
Summary

VAS has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.4m and a net result of €230,662. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability43▼-27
Solvency94▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €460,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.11 in 2024; short-term debt: 18% and cash: 2.5% of total assets), and 31.4% 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68.6%
Return on assets
2.5%
Age of the figures
12 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
2 d early
2023
27 d early
2022
2 d early
2021
39 d early
2020
39 d early
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 4 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 July 1985, VAS was incorporated.1 A capital increase in 2026 brought the capital to EUR 2.2 million.2 The company has filed 38 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-02-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€6.4m▲ 6.5%
2024 · €6.0m
Total assets
€9.3m▼ 3.1%
2024 · €9.6m
Net result
€230,662▲ 139%
2024 · €96,646
Working capital
€582,168▲ 141%
2024 · €242,028
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line20212022202320242025
Operating result€3,461▼ 92.2%€3.7m▲ 105,392%-€31,953-€12,937▲ 59.5%€205,668
Net result€8,166within the sector's middle half▼ 76.9%€2.6mabove the sector's middle half▲ 32,211%€257,267above the sector's middle half▼ 90.2%€96,646within the sector's middle half▼ 62.4%€230,662above the sector's middle half▲ 139%
Equity€2.8mabove the sector's middle half=€5.7mabove the sector's middle half▲ 99.5%€5.9mabove the sector's middle half▲ 4.5%€6.0mabove the sector's middle half▲ 1.6%€6.4mabove the sector's middle half▲ 6.5%
Total assets€3.9mwithin the sector's middle half▲ 7.4%€7.9mabove the sector's middle half▲ 104%€8.4mabove the sector's middle half▲ 5.4%€9.6mabove the sector's middle half▲ 15.3%€9.3mabove the sector's middle half▼ 3.1%
Debt€967,918▲ 38.1%€1.3m▲ 37.2%€1.5m▲ 14.1%€2.8m▲ 82.3%€2.2m▼ 21.2%
Working capital-€41,326within the sector's middle half€2.7mabove the sector's middle half€2.4mabove the sector's middle half▼ 11.8%€242,028within the sector's middle half▼ 89.8%€582,168above the sector's middle half▲ 141%
Solvency73.1%above the sector's middle half▼ 5.4pp71.3%above the sector's middle half▼ 1.8pp70.8%above the sector's middle half▼ 0.6pp62.4%within the sector's middle half▼ 8.4pp68.6%above the sector's middle half▲ 6.2pp
Current ratio0.92within the sector's middle half▼ 0.774.01above the sector's middle half▲ 3.093.23above the sector's middle half▼ 0.781.11within the sector's middle half▼ 2.121.35within the sector's middle half▲ 0.24
Return on assets (ROA)0.2%within the sector's middle half▼ 0.8pp33.3%above the sector's middle half▲ 33.1pp3.1%within the sector's middle half▼ 30.2pp1.0%within the sector's middle half▼ 2.1pp2.5%within the sector's middle half▲ 1.5pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2025 Net result +139% on 2024. Part of COMMER received in a demerger, effective 01-07-2025.
  • 2024 Net result -62% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
  • 2022 Net result +32,211% on 2021. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0m€3.0m€4.0mOperating result 2021: €3,461€3,461Net result 2021: €8,166€8,166Operating result 2022: €3.7m€3.7mNet result 2022: €2.6m€2.6mOperating result 2023: -€31,953-€31,953Net result 2023: €257,267€257,267Operating result 2024: -€12,937-€12,937Net result 2024: €96,646€96,646Operating result 2025: €205,668€205,668Net result 2025: €230,662€230,66220212022202320242025-€100,000€0€100,000€200,000€300,000Operating result 2023: -€31,953-€32,000Net result 2023: €257,267€257,000Operating result 2024: -€12,937-€12,900Net result 2024: €96,646€96,600Operating result 2025: €205,668€206,000Net result 2025: €230,662€231,000202320242025
The operating result returns to profit in 2025: €205,668 after a loss of €12,937 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.3m
Fixed assets €7.1m ▼ 0.5%
Current assets €2.3m ▼ 10.4%
Equity and liabilities €9.3m
Equity €6.4m ▲ 6.5%
Provisions €755,963 ▼ 12.1%
Debt €2.2m ▼ 21.2%
Debt's share of the balance-sheet total falls from 28.7% to 23.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€431,347▲
2024 · €390,157
Cash flow
€456,341▼
2024 · €499,740
Debt to equity
0.34▼
2024 · 0.46
ROE
3.6%▲
2024 · 1.6%
Interest coverage
2.48▼
2024 · 23.91
Debt ≤ 1 year
€1.7m▼
2024 · €2.3m
Debt > 1 year
€427,865▲
2024 · €408,576
Income taxes
€59,874▲
2024 · €56,762
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.1% went bankrupt
2.0% stopped otherwise
98% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 1,860 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 66 lines
Balance sheet Code20242025
Assets
Total assets20/58€9.6m€9.3m▼
Fixed assets21/28€7.1m€7.1m▼
Tangible fixed assets22/27€5.8m€5.8m▼
Land and buildings22€5.8m€5.7m▼
Plant, machinery and equipment23€59,269€99,149▲
Furniture and vehicles24€2,923€1,702▼
Other tangible fixed assets26€5,670€5,670=
Financial fixed assets28€1.3m€1.3m=
Current assets29/58€2.5m€2.3m▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€110,670€142,575▲
Trade receivables40€13,896€44,375▲
Other amounts receivable41€96,774€98,200▲
Current investments50/53€1.8m€1.9m▲
Cash at bank and in hand54/58€591,634€231,003▼
Deferred charges and accrued income490/1€29,069€7,527▼
Equity and liabilities
Total equity and liabilities10/49€9.6m€9.3m▼
Equity10/15€6.0m€6.4m▲
Contributions10/11€2.1m€2.2m▲
Capital10€2.1m€2.2m▲
Issued capital100€2.1m€2.2m▲
Reserves13€3.9m€4.2m▲
Non-distributable reserves130/1€213,536€228,033▲
Legal reserve130€213,536€228,033▲
Tax-exempt reserves132€2.4m€2.3m▼
Distributable reserves133€1.3m€1.7m▲
Profit (loss) carried forward14€74€337▲
Provisions and deferred taxes16€860,164€755,963▼
Provisions for liabilities and charges160/5€75,000€0▼
Other liabilities and charges164/5€75,000€0▼
Deferred taxes168€785,164€755,963▼
Amounts payable17/49€2.8m€2.2m▼
Amounts payable after more than one year17€408,576€427,865▲
Financial debts170/4€391,444€402,719▲
Other amounts payable178/9€17,132€25,146▲
Amounts payable within one year42/48€2.3m€1.7m▼
Trade debts44€2.1m€15,672▼
Suppliers440/4€2.1m€15,672▼
Advances received on contracts in progress46€0€22,448▲
Taxes, remuneration and social security45€33,093€34,666▲
Taxes450/3€33,093€34,666▲
Other amounts payable47/48€187,850€1.6m▲
Accrued charges and deferred income492/3€68,692€66,576▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€403,095€225,679▼
Provisions for liabilities and charges: additions (uses and reversals)635/8--€75,000
Other operating charges640/8€15,368€23,788▲
Non-recurring operating charges66A€126€1,564▲
Gross operating margin9900€405,651€381,699▼
Operating profit (loss)9901-€12,937€205,668▲
Financial income75/76B€114,616€229,656▲
Recurring financial income75€114,616€229,656▲
Financial charges65/66B€16,316€173,989▲
Recurring financial charges65€16,316€173,989▲
Profit (loss) for the period before taxes9903€85,363€261,335▲
Transfer from deferred taxes780€68,045€29,201▼
Income taxes67/77€56,762€59,874▲
Profit (loss) for the period9904€96,646€230,662▲
Transfer from tax-exempt reserves789€204,134€87,602▼
Profit (loss) for the period to be appropriated9905€300,780€318,264▲
Appropriation of the result
Profit (loss) to be appropriated9906€301,074€318,337▲
Profit (loss) brought forward from the previous period14P€293€74▼
Transfer to equity691/2€301,000€318,000▲
To the legal reserve6920€0-
To other reserves6921€301,000€318,000▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131,399€130,821€163,364€403,095€225,679▼ 44.0%
Provisions for liabilities and charges: additions (uses and reversals)635/8-----€75,000-
Other operating charges640/8-€16,716€14,755€15,368€23,788▲ 54.8%
Non-recurring operating charges66A-€6,538€212€126€1,564▲ 1,139%
Gross operating margin9900€153,376€3.8m€146,378€405,651€381,699▼ 5.9%
Operating profit (loss)9901€3,461€3.7m-€31,953-€12,937€205,668▲ 1,690%
Financial income75/76B-€3,552€176,987€114,616€229,656▲ 100%
Recurring financial income75€12,502€3,552€176,987€114,616€229,656▲ 100%
Financial charges65/66B-€145,324-€94,524€16,316€173,989▲ 966%
Recurring financial charges65€7,162€145,324-€94,524€16,316€173,989▲ 966%
Profit (loss) for the period before taxes9903€8,801€3.5m€239,558€85,363€261,335▲ 206%
Transfer from deferred taxes780-€10,256€17,709€68,045€29,201▼ 57.1%
Transfer to deferred taxes680-€881,174€0---
Income taxes67/77€635€0-€56,762€59,874▲ 5.5%
Profit (loss) for the period9904€8,166€2.6m€257,267€96,646€230,662▲ 139%
Transfer from tax-exempt reserves789-€30,769€53,127€204,134€87,602▼ 57.1%
Transfer to tax-exempt reserves689-€2.6m€0---
Profit (loss) for the period to be appropriated9905€8,166€25,789€310,394€300,780€318,264▲ 5.8%
Line20212022202320242025Change
Assets
Total assets20/58€3.9m€7.9m€8.4m€9.6m€9.3m▼ 3.1%
Fixed assets21/28€3.4m€4.4m€4.9m€7.1m€7.1m▼ 0.5%
Tangible fixed assets22/27€2.1m€3.1m€3.6m€5.8m€5.8m▼ 0.7%
Land and buildings22-€3.0m€3.6m€5.8m€5.7m▼ 1.3%
Plant, machinery and equipment23-€55,207€53,488€59,269€99,149▲ 67.3%
Furniture and vehicles24-€6,117€4,520€2,923€1,702▼ 41.8%
Other tangible fixed assets26-€0€5,670€5,670€5,670=
Financial fixed assets28€1.3m€1.3m€1.3m€1.3m€1.3m=
Current assets29/58€504,930€3.6m€3.4m€2.5m€2.3m▼ 10.4%
Stocks and contracts in progress3€341,164€837,013€894,038€0--
Stocks30/36-€837,013€894,038€0--
Amounts receivable within one year40/41€92,942€202,728€253,332€110,670€142,575▲ 28.8%
Trade receivables40-€1,501€159,185€13,896€44,375▲ 219%
Other amounts receivable41-€201,227€94,148€96,774€98,200▲ 1.5%
Current investments50/53-€1.4m€1.9m€1.8m€1.9m▲ 4.8%
Cash at bank and in hand54/58€68,085€1.1m€374,458€591,634€231,003▼ 61.0%
Deferred charges and accrued income490/1-€3,470€44,981€29,069€7,527▼ 74.1%
Equity and liabilities
Total equity and liabilities10/49€3.9m€7.9m€8.4m€9.6m€9.3m▼ 3.1%
Equity10/15€2.8m€5.7m€5.9m€6.0m€6.4m▲ 6.5%
Contributions10/11€2.0m€2.1m€2.1m€2.1m€2.2m▲ 3.2%
Capital10-€2.1m€2.1m€2.1m€2.2m▲ 3.2%
Issued capital100-€2.1m€2.1m€2.1m€2.2m▲ 3.2%
Reserves13€880,646€3.5m€3.8m€3.9m€4.2m▲ 8.3%
Non-distributable reserves130/1-€138,435€213,536€213,536€228,033▲ 6.8%
Legal reserve130-€138,435€213,536€213,536€228,033▲ 6.8%
Tax-exempt reserves132-€2.6m€2.6m€2.4m€2.3m▼ 3.7%
Distributable reserves133-€768,000€1.0m€1.3m€1.7m▲ 30.1%
Profit (loss) carried forward14-€0€293€74€337▲ 358%
Provisions and deferred taxes16€75,000€945,917€928,209€860,164€755,963▼ 12.1%
Provisions for liabilities and charges160/5-€75,000€75,000€75,000€0▼ 100%
Other liabilities and charges164/5-€75,000€75,000€75,000€0▼ 100%
Deferred taxes168-€870,917€853,209€785,164€755,963▼ 3.7%
Amounts payable17/49€967,918€1.3m€1.5m€2.8m€2.2m▼ 21.2%
Amounts payable after more than one year17€373,850€380,654€391,946€408,576€427,865▲ 4.7%
Financial debts170/4-€368,894€380,169€391,444€402,719▲ 2.9%
Other amounts payable178/9-€11,760€11,777€17,132€25,146▲ 46.8%
Amounts payable within one year42/48€546,257€891,437€1.1m€2.3m€1.7m▼ 26.4%
Trade debts44€20,538€98,239€199,415€2.1m€15,672▼ 99.2%
Suppliers440/4-€98,239€199,415€2.1m€15,672▼ 99.2%
Advances received on contracts in progress46-€547,100€705,680€0€22,448-
Taxes, remuneration and social security45-€36,445€5,416€33,093€34,666▲ 4.8%
Taxes450/3-€36,445€5,416€33,093€34,666▲ 4.8%
Other amounts payable47/48-€209,654€151,032€187,850€1.6m▲ 757%
Accrued charges and deferred income492/3-€55,561€61,904€68,692€66,576▼ 3.1%
Line20212022202320242025Change
Profit (loss) for the period9904€8,166€2.6m€257,267€96,646€230,662▲ 139%
+ Depreciation and write-downs630€131,399€130,821€163,364€403,095€225,679▼ 44.0%
Operating cash flow (approximation)€139,565€2.8m€420,631€499,740€456,341▼ 8.7%
Investment in fixed assets (approximation)--€1.1m-€737,423-€2.6m-€186,760▲ 92.8%
Change in cash-€1.0m-€726,784€217,176-€360,631▼ 266%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
26-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
24-02
State Gazette act Capital & shares · Purpose · Statutes amendment · Restructuring
Demerger · Real estate · Capital increase14 facts ▸
  • General meeting, 05-02-2026
  • Demerger, Inbreng in natura ingevolge splitsing van NV COMMER naar NV VAS en NV VIM, partial split
  • Demerger, Inbreng in natura ingevolge splitsing van NV COMMER naar NV VIM, partial split
  • Real estate, Een handelshuis op en met grond, gestaan en gelegen aan de Brabantdam 9, 9000 Gent, sectie C, nummer 695/a, oppervlakte 84 ca.
  • Capital increase, €68.024,18
  • Share issue, Nieuwe aandelen uitgegeven aan aandeelhouders van de te splitsen vennootschap, 2956
  • Share transfer, COMMER → Philip Vancaeneghem
  • Share transfer, COMMER → Karina Van Lancker
  • Share transfer, COMMER → Valerie Marie Iris Vancaeneghem
  • Share transfer, COMMER → Anne-Sophie Vancaeneghem
  • Accounting effect, 01-07-2025
  • Purpose change, Uitbreiding van het voorwerp ingevolge splitsing
  • +2 further facts in this act
2025
28-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2018net €2.6m ▲32,211%
Operating result €3.7m, net result €2.6m, both a record.
30-09
Financial Liquidity quadruplescurrent ratio 4.01
Current ratio from 0.92 to 4.01.
30-09
Financial Equity above €5mEq €5.7m ▲99.5%
5 profitable years in a row build equity to €5.7m.
22-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Weakest financial yearnet €4,499 ▼40.1%
Net result drops to €4,499, the lowest in the series; recovery starts the following year.
Show earlier events
25-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts

Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
2,001 m²
Building footprint
662 m²
Volume, LiDAR
7,078 m³
2 parcels, Flanders · tallest building 15.1 m, ±5 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
VAS
Jean-Baptiste de Ghellincklaan 13, 9051 GentNACE 70201
since 19852.027.814.890
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062D0382/00M000 Flanders 1,417 m² 1 · 443 m² 15.1 m · 5 fl.
44815F1993/00S000 Flanders 583 m² 1 · 219 m² 14.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden of in deelneming met derden: - de aan- en verkoop, de…
Full purpose

De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden of in deelneming met derden: - de aan- en verkoop, de exploitatie, de valorisatie, het verkavelen, de urbanisatie, de ruiling en verdeling, het huren en verhuren van alle onroerende gebouwde en ongebouwde, gemeubileerde en niet-gemeubileerde goederen, alsook het uitvoeren van alle bouw- en verbouwingswerken, de aanverwante activiteiten, dit alles in de meest brede betekenis van het woord: - het vervullen van opdrachten als "syndicus" het in leasing geven en/of in leasing nemen van roerende en onroerende goederen; - de aankoop en verkoop, ruiling, beheer en valorisatie van geld en geldverbeeldende waarden; - het zoeken, begeleiden, bemiddelen, coördineren van projecten, terreinen en middelen; de binnenhuisinrichting van gebouwen en alle daarmee verband houdende activiteiten; zowel voor eigen rekening als voor rekening van derden het aannemen van bouwwerken, verbouwwerken, schrijn- en timmerwerken, dakwerken, isolatiewerken, winkelinrichting, binnenhuisinrichting zowel als hoofdactiviteit als in onderaanneming; - alle onderhouds-, instandhoudingswerken van gebouwen; - het uitbaten van een laadstation, het verhuren van laadpalen, het aan- en verkopen van energie, energiedelen; - de uitbating van een handel met wisselend assortiment van opkoop en in consignatieneming van alle stocks in de meest uitgebreide zin; - het uitbaten van groot- en kleinhandel, het huren en verhuren, de invoer en uitvoer van meubelen, kunst- en siervoorwerpen, antiquiteiten, collectievoorwerpen en aanverwanten, tapijten, huisraad, huishoudartikelen, textiel en allerlei non-food artikelen, nieuw- en tweedehandsmateriaal, onderhoudsartikelen en -producten, en allerlei verbruiksgoederen, - het inrichten van culturele en artistieke manifestaties, tentoonstellingen, vernissages, congressen en feestelijkheden allerhande; - het organiseren en verzorgen van bijeenkomsten, feesten en feestmalen; het verlenen van diensten als traiteur; - het verlenen van advies in zowel roerende als onroerende verrichtingen, en het bemiddelen bij dergelijke transacties; - het opmaken van juridische, financiële en economische studies met betrekking tot roerende en onroerende beleggingen en handelingen. consultancy op het gebied van management van bedrijven, zowel juridisch, financieel, operationeel en op het gebied van algemene strategie alsmede het waarnemen van bestuurstaken in bedrijven en andere vennootschappen. Dit alles in de breedste zin van het woord. De vennootschap zal bevoegd zijn alle handelingen zonder uitzondering te verrichten, die daartoe noodzakelijk, nuttig of zelfs alleen maar bevorderlijk zijn. Zij mag bij wijze van inbreng in speciën of in natura, van fusie, inschrijving, deelneming, financiële tussenkomst of op een andere wijze, een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven, in België of het buitenland, waarvan het voorwerp identiek, gelijkaardig of verwant is met het hare, of van aard is de uitoefening van haar voorwerp te bevorderen. Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen van allerlei aard, alle verbintenissen aangaan, kredieten en leningen aangaan en toestaan. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak. De vennootschap kan eveneens optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen. De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-09-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-09-2025 of VAS 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.

Acquisitions and mergers

1 transaction
Received in a demerger part of:COMMER
partial demerger · State Gazette act of 24-02-2026 · effective 01-07-2025

Capital and shareholders

Shareholders according to the acts
Share transfer act of 24-02-2026 ↗
  • COMMER to Philip Vancaeneghem 2,956 shares
  • COMMER to Karina Van Lancker 2,956 shares
  • COMMER to Valerie Marie Iris Vancaeneghem 2,956 shares
  • COMMER to Anne-Sophie Vancaeneghem 2,956 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-02-2026 Capital increase of 68,024.18 EUR · to 2,203,384.74 EUR

Similar companies · same sector, comparable size

Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 1,565 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
Founded17-07-1985
Fiscal year end30-09
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0427671614
Also 9925:BE0427671614
Registered 11-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

General meetings

1 convocation
General meeting
at the registered office · published 08-02-2010
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-10-00012/05.02)