Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Verlo from Aalter, company number BE0400186465, closed financial year 2025 with a result of € 3,802 after tax. For that financial year Verlo recorded a gross margin of € 42,667 and equity of € 21,199. Compared with financial year 2024, the result moved from € 26,693 to € 3,802. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 21,199
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,802
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 115,527
▲ € 108,726 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -15,985.
People and assets in 2025
€ 28,659
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 72,468
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 765,789
▲ € 704,042 vs 2024
€ 21,179 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 54,389
▲ € 50,308 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,729
▲ 212% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,243 | € 27,262 | € 31,658 | € 42,667 | ▲ 35% |
| Profit after taxes | € -16,104 | € -2,281 | € 26,693 | € 3,802 | ▼ 86% |
| Equity | € -7,014 | € -9,295 | € 17,397 | € 21,199 | ▲ 22% |
| Total debts | € 140,311 | € 110,514 | € 90,043 | € 867,375 | ▲ € 777,331 |
| Cash | € 21,323 | € 6,348 | € 6,800 | € 115,527 | ▲ € 108,726 |
| Retained profit | € -44,198 | € -46,479 | € -19,787 | € -15,985 | ▲ € 3,802 |
| Bank debt | € 103,009 | € 82,486 | € 61,747 | € 765,789 | ▲ € 704,042 |
| Balance sheet total | € 133,297 | € 101,219 | € 107,441 | € 888,574 | ▲ € 781,133 |
Key figures of Verlo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Verlo?
What happened at Verlo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,802 (▼ 86% vs 2024). filed late Source: NBB ↗
- ANGELO VERMEIRE became a director. NBB
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,104 loss in 2022 to € 3,802 profit in 2025.
Paid € 1,167 in corporate taxes since 2022.
Best year ever: 2024, with € 26,693 profit.
Management
Behind Verlo is ANGELO VERMEIRE.
Directors
According to the 2025 annual accounts
ANGELO VERMEIRE
Director
since 2001
Establishments
Establishment units
Physical locations of this company
Prinsenstraat 20
9880 Aalter
Stationsstraat 99
9880 Aalter
Active since 1 October 1953
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.186.465
- VAT number
- BE 0400.186.465
- Registered office
- Prinsenstraat 20, 9880 Aalter
- Names & denominations
- Verlo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1953
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
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