ACTIVE

VGP FOUNDATION

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Financial year 2025 · closed on 31/12/2025

Net result

-535,8 k €

-139.5% YoY

Gross margin

-31,0 k €

-101.8% YoY

Equity

8,9 M €

-5.7% YoY

What does VGP FOUNDATION do?

VGP FOUNDATION is a Private foundation incorporated in 2019. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0735.540.607

Incorporation

02/10/2019

Legal form

Private foundation

Registered office

Generaal Lemanstraat 55 box 4
2018 Antwerpen · FlandreSee on map

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2021		2020
Income statement
Gross margin	-31,0 k €	-102%	1,7 M €	+1715%	-104,1 k €	-102%	4,9 M €	+41.4%	3,5 M €	+18.1%	2,9 M €
EBITDA	-580,0 k €	-146%	1,3 M €	+255%	-806,4 k €	-119%	4,2 M €	+63.0%	2,6 M €	+23.7%	2,1 M €
Operating result	-580,6 k €	-146%	1,3 M €	+255%	-807,8 k €	-119%	4,2 M €	+71.7%	2,5 M €	+17.4%	2,1 M €
Net result	-535,8 k €	-139%	1,4 M €	+288%	-720,8 k €	-117%	4,2 M €	+71.8%	2,4 M €	+17.2%	2,1 M €
Balance sheet
Equity	8,9 M €	-5.7%	9,4 M €	+16.9%	8,0 M €	-8.2%	8,8 M €	+92.2%	4,6 M €	+116%	2,1 M €
Total assets	8,9 M €	-6.8%	9,6 M €	+18.7%	8,0 M €	-8.5%	8,8 M €	+91.4%	4,6 M €	+117%	2,1 M €
Cash	589,9 k €	-4.3%	616,2 k €	+190%	212,3 k €	-96.2%	5,6 M €	+281%	1,5 M €	-30.5%	2,1 M €
Debts	32,5 k €	-78.2%	149,2 k €	+9675%	1,5 k €	-95.8%	36,1 k €	-3.5%	37,4 k €	+458%	6,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 6 ended

Active mandates

Anne De Paepe

Mandate

Active

Hugo Van Geet

Mandate

Active

Jan Van Geet

Mandate

Active

Olaf Tschimpke

Mandate

Active

Tereza Van Malderen

Mandate

Active

Ended mandates

Anne De Paepe

Director · since 27 mai 2020 · until 26 mai 2024

Ended

Hugo Van Geet

Director · since 27 mai 2020 · until 26 mai 2024

Ended

Olaf Tschimpke

Director · since 27 mai 2020 · until 26 mai 2024

Ended

Tereza Van Malderen

Director · since 27 mai 2020 · until 26 mai 2024

Ended

At this address

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Maandag België Flex● Active	0681.539.915
Maandag Belgium● Active	0832.430.145
Maroussia● Active	0726.415.182
ODYSSEY LOGISTICS EUROPE● Active	0894.394.933
Padoki● Active	0725.636.511
VGP● Active	0887.216.042
VGP Belgium● Active	0894.442.740
VGP Renewable Energy● Active	0894.188.263
Whoohoo Belgium Flex● Active	0810.748.566

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	26/09/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	16 months
Filing date	21/05/2026	05/06/2025	10/07/2024	22/06/2023	20/06/2022	28/07/2021
General meeting	03/03/2026	27/05/2025	27/05/2024	26/05/2023	26/05/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/03/2026	21/05/2026	Dutch	PDF
Abridged model	31/12/2024	27/05/2025	05/06/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	10/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	26/05/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	28/07/2021	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 6 ended

Active mandates

Anne De Paepe

Mandate

Active

Hugo Van Geet

Mandate

Active

Jan Van Geet

Mandate

Active

Olaf Tschimpke

Mandate

Active

Tereza Van Malderen

Mandate

Active

Ended mandates

Anne De Paepe

Director · since 27 mai 2020 · until 26 mai 2024

Ended

Hugo Van Geet

Director · since 27 mai 2020 · until 26 mai 2024

Ended

Olaf Tschimpke

Director · since 27 mai 2020 · until 26 mai 2024

Ended

Tereza Van Malderen

Director · since 27 mai 2020 · until 26 mai 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/10/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other04/10/2019
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-535,8 k €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 2023-720,8 k €↓
2022
Annual accounts 20224,2 M €↑
2021
Annual accounts 20212,4 M €↑
2020
Annual accounts 20202,1 M €
02/10/2019
IncorporationPrivate foundation

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VGP FOUNDATION

Overview

What does VGP FOUNDATION do?

Trend over 6 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline