VECTOR EUROPE
InactiveInactive since 16-07-2026; last annual accounts for fiscal year 2025. Dissolved without liquidation.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
51 d early
2023
54 d early
2022
56 d early
2021
54 d early
2020
15 d early
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
€61k
EBIT margin
834.1%
Net result
€3.86M▲ 63.3%
2024 · €2.37M
2018: €451k
2019: €33k▼ -92.7% vs 2018
2020: €32k▼ -4.4% vs 2019lowest in 8 years
2021: €1.02M▲ +3127% vs 2020
2022: €1.02M▲ +0.1% vs 2021
2023: €3.27M▲ +221% vs 2022
2024: €2.37M▼ -27.7% vs 2023
2025: €3.86M▲ +63.3% vs 2024highest in 8 years
2018 → 2025
Working capital
€6.11M▲ 172%
2024 · €2.25M
2018: €222k
2019: €242k▲ +9.0% vs 2018
2020: €274k▲ +13.0% vs 2019
2021: €293k▲ +6.9% vs 2020
2022: €313k▲ +6.8% vs 2021
2023: €-116k▼ -137% vs 2022lowest in 8 years
2024: €2.25M▲ +2045% vs 2023
2025: €6.11M▲ +172% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.01M-€4.03M▲ 0.5%€3.61M▼ 10.6%€5.97M▲ 65.6%€9.83M▲ 64.7%
2021: €4.01M
2022: €4.03M▲ +0.5% vs 2021
2023: €3.61M▼ -10.6% vs 2022lowest in 5 years
2024: €5.97M▲ +65.6% vs 2023
2025: €9.83M▲ +64.7% vs 2024highest in 5 years
Operating result€23k-€24k▲ 3.6%€25k▲ 6.9%€29k▲ 16.2%€31k▲ 5.3%
2021: €23klowest in 5 years
2022: €24k▲ +3.6% vs 2021
2023: €25k▲ +6.9% vs 2022
2024: €29k▲ +16.2% vs 2023
2025: €31k▲ +5.3% vs 2024highest in 5 years
Net result€1.02M-€1.02M▲ 0.1%€3.27M▲ 221%€2.37M▼ 27.7%€3.86M▲ 63.3%
2021: €1.02Mlowest in 5 years
2022: €1.02M▲ +0.1% vs 2021
2023: €3.27M▲ +221% vs 2022
2024: €2.37M▼ -27.7% vs 2023
2025: €3.86M▲ +63.3% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.90M
Fixed assets
€3.72M =
Current assets
€6.18M ▲ 168%
Equity and liabilities €9.90M
Equity
€9.83M ▲ 64.7%
Debt
€68k ▲ 14.7%
Debt's share of the balance-sheet total falls from 1.0% to 0.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
90.58▲
2024 · 38.82
Debt to equity
0.01▼
2024 · 0.01
ROE
39.3%▼
2024 · 39.6%
ROA
39.0%▼
2024 · 39.2%
Debt ≤ 1 year
€68k▲
2024 · €60k
Income taxes
€394▼
2024 · €430
Staff costs
€211k▲
2024 · €202k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.03M€9.90M▲
Fixed assets21/28€3.72M€3.72M=
Financial fixed assets28€3.72M€3.72M=
Affiliated companies280/1€3.72M€3.72M=
Participating interests280€3.72M€3.72M=
Current assets29/58€2.31M€6.18M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€2.25M€88k▼
Trade receivables40€53k€88k▲
Other amounts receivable41€2.20M€0▼
Cash at bank and in hand54/58€54k€6.09M▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€6.03M€9.90M▲
Equity10/15€5.97M€9.83M▲
Contributions10/11€2.85M€2.85M=
Capital10€256k€256k=
Issued capital100€256k€256k=
Outside capital11€2.60M€2.60M=
Share premium1100/10€2.60M€2.60M=
Reserves13€720k€720k=
Non-distributable reserves130/1€57k€57k=
Legal reserve130€57k€57k=
Distributable reserves133€663k€663k=
Profit (loss) carried forward14€2.40M€6.26M▲
Amounts payable17/49€60k€68k▲
Amounts payable within one year42/48€60k€68k▲
Trade debts44€10k€16k▲
Suppliers440/4€10k€16k▲
Taxes, remuneration and social security45€50k€53k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€43k€45k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Operating income70/76A€271k€279k▲
Other operating income74€271k€279k▲
Operating charges60/66A€242k€248k▲
Services and other goods61€40k€37k▼
Remuneration, social security and pensions62€202k€211k▲
Other operating charges640/8€75€0▼
Operating profit (loss)9901€29k€31k▲
Financial income75/76B€2.34M€3.84M▲
Recurring financial income75€2.34M€3.84M▲
Income from financial fixed assets750€2.30M€3.84M▲
Income from current assets751€44k€0▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Debt charges650€5k€6k▲
Other financial charges652/9€2k€2k▲
Profit (loss) for the period before taxes9903€2.37M€3.86M▲
Income taxes67/77€430€394▼
Taxes670/3€430€394▼
Profit (loss) for the period9904€2.37M€3.86M▲
Profit (loss) for the period to be appropriated9905€2.37M€3.86M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.40M€6.26M▲
Profit (loss) brought forward from the previous period14P€35k€2.40M▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90871.91.9=
The notes to these accounts (31 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €221k | €242k | €261k | €271k | €279k | ▲ 2.8% |
| Other operating income74 | €221k | €242k | €261k | €271k | €279k | ▲ 2.8% |
| Operating charges60/66A | €198k | €218k | €236k | €242k | €248k | ▲ 2.5% |
| Services and other goods61 | €29k | €33k | €33k | €40k | €37k | ▼ 6.7% |
| Remuneration, social security and pensions62 | €170k | €185k | €203k | €202k | €211k | ▲ 4.4% |
| Other operating charges640/8 | - | - | - | €75 | €0 | ▼ 100% |
| Operating profit (loss)9901 | €23k | €24k | €25k | €29k | €31k | ▲ 5.3% |
| Financial income75/76B | €1.00M | €1.00M | €3.25M | €2.34M | €3.84M | ▲ 63.8% |
| Recurring financial income75 | €1.00M | €1.00M | €3.25M | €2.34M | €3.84M | ▲ 63.8% |
| Income from financial fixed assets750 | €1.00M | €1.00M | €3.25M | €2.30M | €3.84M | ▲ 67.0% |
| Income from current assets751 | - | - | - | €44k | €0 | ▼ 100% |
| Other financial income752/9 | - | €146 | €0 | - | - | - |
| Financial charges65/66B | €3k | €3k | €3k | €7k | €8k | ▲ 13.2% |
| Recurring financial charges65 | €3k | €3k | €3k | €7k | €8k | ▲ 13.2% |
| Debt charges650 | €2k | €2k | €2k | €5k | €6k | ▲ 15.8% |
| Other financial charges652/9 | €1k | €1k | €2k | €2k | €2k | ▲ 5.0% |
| Profit (loss) for the period before taxes9903 | €1.02M | €1.02M | €3.27M | €2.37M | €3.86M | ▲ 63.2% |
| Income taxes67/77 | €529 | €553 | €560 | €430 | €394 | ▼ 8.3% |
| Taxes670/3 | €529 | €553 | €560 | €430 | €394 | ▼ 8.3% |
| Tax adjustments and reversals of tax provisions77 | - | - | €0 | - | - | - |
| Profit (loss) for the period9904 | €1.02M | €1.02M | €3.27M | €2.37M | €3.86M | ▲ 63.3% |
| Profit (loss) for the period to be appropriated9905 | €1.02M | €1.02M | €3.27M | €2.37M | €3.86M | ▲ 63.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.06M | €5.09M | €6.26M | €6.03M | €9.90M | ▲ 64.2% |
| Fixed assets21/28 | €3.72M | €3.72M | €3.72M | €3.72M | €3.72M | = |
| Financial fixed assets28 | €3.72M | €3.72M | €3.72M | €3.72M | €3.72M | = |
| Affiliated companies280/1 | €3.72M | €3.72M | €3.72M | €3.72M | €3.72M | = |
| Participating interests280 | €3.72M | €3.72M | €3.72M | €3.72M | €3.72M | = |
| Current assets29/58 | €1.34M | €1.37M | €2.54M | €2.31M | €6.18M | ▲ 168% |
| Stocks and contracts in progress3 | - | - | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.31M | €1.34M | €2.46M | €2.25M | €88k | ▼ 96.1% |
| Trade receivables40 | €315k | €336k | €214k | €53k | €88k | ▲ 64.7% |
| Other amounts receivable41 | €1.00M | €1.00M | €2.25M | €2.20M | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €22k | €27k | €76k | €54k | €6.09M | ▲ 11,232% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €3k | €3k | ▲ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.06M | €5.09M | €6.26M | €6.03M | €9.90M | ▲ 64.2% |
| Equity10/15 | €4.01M | €4.03M | €3.61M | €5.97M | €9.83M | ▲ 64.7% |
| Contributions10/11 | €2.85M | €2.85M | €2.85M | €2.85M | €2.85M | = |
| Capital10 | €256k | €256k | €256k | €256k | €256k | = |
| Issued capital100 | €256k | €256k | €256k | €256k | €256k | = |
| Outside capital11 | €2.60M | €2.60M | €2.60M | €2.60M | €2.60M | = |
| Share premium1100/10 | €2.60M | €2.60M | €2.60M | €2.60M | €2.60M | = |
| Reserves13 | €720k | €720k | €720k | €720k | €720k | = |
| Non-distributable reserves130/1 | €57k | €57k | €57k | €57k | €57k | = |
| Legal reserve130 | €57k | €57k | €57k | €57k | €57k | = |
| Distributable reserves133 | €663k | €663k | €663k | €663k | €663k | = |
| Profit (loss) carried forward14 | €443k | €463k | €35k | €2.40M | €6.26M | ▲ 161% |
| Amounts payable17/49 | €1.05M | €1.05M | €2.66M | €60k | €68k | ▲ 14.7% |
| Amounts payable within one year42/48 | €1.05M | €1.05M | €2.66M | €60k | €68k | ▲ 14.7% |
| Trade debts44 | €6k | €7k | €7k | €10k | €16k | ▲ 58.8% |
| Suppliers440/4 | €6k | €7k | €7k | €10k | €16k | ▲ 58.8% |
| Taxes, remuneration and social security45 | €40k | €46k | €51k | €50k | €53k | ▲ 6.0% |
| Taxes450/3 | €6k | €7k | €8k | €7k | €8k | ▲ 13.3% |
| Remuneration and social security454/9 | €33k | €39k | €43k | €43k | €45k | ▲ 4.8% |
| Other amounts payable47/48 | €1.00M | €1.00M | €2.60M | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.02M | €1.02M | €3.27M | €2.37M | €3.86M | ▲ 63.3% |
| Operating cash flow (approximation) | €1.02M | €1.02M | €3.27M | €2.37M | €3.86M | ▲ 63.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5k | €49k | €-22k | €6.04M | ▲ 27,043% |
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
Next filing, fiscal year 2026, expected by
2026
24-07
State Gazette act
Restructuring · End & cessationReappointment: PwC Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Tom Scheyvaerts · Resignations: DÍAZ ECHEVARRÍA Andrés, PONZ TORRECILLAS Óscar and 3 others11 facts ▸
State Gazette act
Restructuring · End & cessation
Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Tom Scheyvaerts · Resignations: DÍAZ ECHEVARRÍA Andrés, PONZ TORRECILLAS Óscar and 3 others11 facts ▸
- General meeting, 04-06-2026
- Auditor reappointment, PwC Bedrijfsrevisoren BV
- Permanent representative, Tom Scheyvaerts
- Merger, 31-12-2025, 01-01-2026
- Dissolution, fusie
- Director resignation, DÍAZ ECHEVARRÍA Andrés (director)
- Director resignation, PONZ TORRECILLAS Óscar (director)
- Director resignation, CANALES GARCIA Jose Antonio (director)
- Director resignation, VANENDERT Raf (day-to-day manager)
- Director resignation, PwC Bedrijfsrevisoren BV (statutory auditor)
- Power of attorney, GRANT THORNTON ACCOUNTANCY, TAX & LEGAL BV
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €3.86M ▲63.3%
Net result €3.86M, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 90.58
Current ratio from 38.82 to 90.58.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 41current ratio 38.82
Current ratio from 0.96 to 38.82; short-term debt falls from €2.66M to €60k.
31-12
Financial
Equity above €5MEq €5.97M ▲65.6%
7 profitable years in a row build equity to €5.97M.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €32k ▼4.4%
Net result drops to €32k, the lowest in the series.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 20 acts read
About the unread acts
Of the 20 Belgian State Gazette acts we know for this company, 1 has been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-06-2026
Andrés DÍAZ ECHEVARRÍA: Resigned as Director
04-06-2026
José Antonio CANALES GARCÍA: Resigned as Director
04-06-2026
Raf Vanendert: Resigned as Day-to-day manager
04-06-2026
Óscar PONZ TORRECILLAS: Resigned as Director
Not every act has been read: a resignation may be missing here
19 of this company's 20 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Hasselt
Ground area
3.3 ha
Building footprint
7,561 m²
Volume, LiDAR
71,965 m³
Parcel 71324E0603/00C000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0603/00C000 | Flanders | 3.3 ha | 1 · 7,561 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| BV PwC BedrijfsrevisorenCurrent Auditor · represented by Tom Scheyvaerts | 04-06-2026 → present |
Structure & network
Acquisitions and mergers
1 transactionTaken over by:VECTOR PACKAGING EUROPE
Recognitions · licences · registrations
Legal Entity Identifier
5493004VHOFWXZ3OIR93
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Of 334 companies in sector 46492 we hold annual accounts for 241. 54 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
Founded11-09-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46492Wholesale trade
46900Non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.