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VHPE

Active
Private limited companyfounded 2020active for 6 yearsTextielstraat 26, 8790 Waregem, BelgiumKBO/BCE: BE 0751.971.021
Summary

VHPE has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.9m and a net result of €2,419. Equity remains stable across the filed financial years (±0% per year). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · financial year 2025, micro format

Equity
€4.9m=
2024 · €4.9m
Total assets
€4.9m=
2024 · €4.9m
Net result
€2,419▲ 1.7%
2024 · €2,378
Working capital
€128,923▲ 1.9%
2024 · €126,503
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result stays negative: a loss of €1,195 in 2025 against €1,169 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.001m 2025 Net result€0.002m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result-€0.02m--€0.001m▲ 97.0%-€0.001m▼ 99.0%-€0.001m▼ 6.4%-€0.001m▼ 3.7%-€0.001m▼ 2.3%
Net result-€0.001m--€0.001m▲ 9.9%-€0.001m▼ 15.1%-€0.001m▲ 40.1%€0.002m€0.002m▲ 1.7%
Equity€4.1m-€6.4m▲ 57.6%€4.9m▼ 23.4%€4.9m=€4.9m=€4.9m=
Total assets€4.5m-€6.4m▲ 43.4%€4.9m▼ 23.4%€4.9m=€4.9m▲ 0.1%€4.9m=
Debt€0.4m-€250▼ 99.9%€76▼ 69.6%€64▼ 15.9%€0.001m▲ 1,732%€67▼ 94.3%
Working capital€0.1m-€0.1m▼ 1.3%€0.1m▼ 0.9%€0.1m▼ 0.5%€0.1m▲ 1.9%€0.1m▲ 1.9%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.9m
Fixed assets €4.8m =
Current assets €128,990 ▲ 1.0%
Equity and liabilities €4.9m
Equity €4.9m =
Debt €67 ▼ 94.3%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00▼
2024 · 0.00
ROE
0.0%▲
2024 · 0.0%
ROA
0.0%▲
2024 · 0.0%
Debt ≤ 1 year
€67▼
2024 · €1,169
A ratio outside any meaningful range has been withheld (balance sheet total €4.9m, equity €4.9m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.9m€4.9m=
Fixed assets21/28€4.8m€4.8m=
Financial fixed assets28€4.8m€4.8m=
Current assets29/58€0.1m€0.1m▲
Amounts receivable within one year40/41€0.1m€0.1m▼
Other amounts receivable41€0.1m€0.1m▼
Cash at bank and in hand54/58€0.001m€234▼
Deferred charges and accrued income490/1€0.004m€0.008m▲
Equity and liabilities
Total equity and liabilities10/49€4.9m€4.9m=
Equity10/15€4.9m€4.9m=
Contributions10/11€4.2m€4.2m=
Revaluation surpluses12€0.8m€0.8m=
Profit (loss) carried forward14-€0.1m-€0.1m▲
Amounts payable17/49€0.001m€67▼
Amounts payable within one year42/48€0.001m€67▼
Trade debts44€0.001m€67▼
Suppliers440/4€0.001m€67▼
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900-€64-€69▼
Operating profit (loss)9901-€0.001m-€0.001m▼
Financial income75/76B€0.004m€0.004m▲
Recurring financial income75€0.004m€0.004m▲
Financial charges65/66B€44€45▲
Recurring financial charges65€44€45▲
Profit (loss) for the period before taxes9903€0.002m€0.002m▲
Profit (loss) for the period9904€0.002m€0.002m▲
Profit (loss) for the period to be appropriated9905€0.002m€0.002m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m-€0.1m▲
Profit (loss) brought forward from the previous period14P-€0.1m-€0.1m▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Other operating charges640/8-€459€980€1,075€1,105€1,126▲ 1.9%
Gross operating margin9900-€17,426-€74-€79-€52-€64-€69▼ 8.0%
Operating profit (loss)9901-€17,774-€532-€1,059-€1,127-€1,169-€1,195▼ 2.3%
Financial income75/76B-€171-€506€3,590€3,660▲ 1.9%
Recurring financial income75€1,122€171-€506€3,590€3,660▲ 1.9%
Financial charges65/66B-€596€43€39€44€45▲ 3.4%
Recurring financial charges65€2,106€450€43€39€44€45▲ 3.4%
Non-recurring financial charges66B-€145-----
Profit (loss) for the period before taxes9903€3,753-€957-€1,101-€659€2,378€2,419▲ 1.7%
Income taxes67/77€4,815------
Profit (loss) for the period9904-€1,062-€957-€1,101-€659€2,378€2,419▲ 1.7%
Profit (loss) for the period to be appropriated9905-€1,062-€957-€1,101-€659€2,378€2,419▲ 1.7%
Line202020212022202320242025Change
Assets
Total assets20/58€4.5m€6.4m€4.9m€4.9m€4.9m€4.9m=
Fixed assets21/28€4.0m€6.3m€4.8m€4.8m€4.8m€4.8m=
Financial fixed assets28€4.0m€6.3m€4.8m€4.8m€4.8m€4.8m=
Current assets29/58€0.5m€0.1m€0.1m€0.1m€0.1m€0.1m▲ 1.0%
Amounts receivable within one year40/41€0.5m€0.1m-€0.1m€0.1m€0.1m▼ 1.6%
Other amounts receivable41-€0.1m-€0.1m€0.1m€0.1m▼ 1.6%
Cash at bank and in hand54/58€0.01m€0.004m€0.1m€0.004m€0.001m€234▼ 59.4%
Deferred charges and accrued income490/1---€0.001m€0.004m€0.008m▲ 89.3%
Equity and liabilities
Total equity and liabilities10/49€4.5m€6.4m€4.9m€4.9m€4.9m€4.9m=
Equity10/15€4.1m€6.4m€4.9m€4.9m€4.9m€4.9m=
Contributions10/11-€4.2m€4.2m€4.2m€4.2m€4.2m=
Revaluation surpluses12-€2.4m€0.8m€0.8m€0.8m€0.8m=
Profit (loss) carried forward14-€0.1m-€0.1m-€0.1m-€0.1m-€0.1m-€0.1m▲ 2.1%
Amounts payable17/49€0.4m€250€76€64€0.001m€67▼ 94.3%
Amounts payable within one year42/48€0.4m€184€76€64€0.001m€67▼ 94.3%
Trade debts44€420€184€76€64€0.001m€67▼ 94.3%
Suppliers440/4-€184€76€64€0.001m€67▼ 94.3%
Accrued charges and deferred income492/3-€66-----
Line202020212022202320242025Change
Profit (loss) for the period9904-€0.001m-€0.001m-€0.001m-€0.001m€0.002m€0.002m▲ 1.7%
Operating cash flow (approximation)-€0.001m-€0.001m-€0.001m-€0.001m€0.002m€0.002m▲ 1.7%
Investment in fixed assets (approximation)--€2.4m€1.5m€0€0€0-
Change in cash--€0.01m€0.1m-€0.1m-€0.003m-€342▲ 89.0%

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 15-06-2026 2026-00161635
31-12-2024 micro format 26-05-2025 2025-00108421
31-12-2023 micro format 12-07-2024 2024-00253594
31-12-2022 micro format 26-07-2023 2023-00310552
31-12-2021 abbreviated format 02-06-2022 2022-20046544
31-12-2020 abbreviated format 21-05-2021 2021-14800347

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.