Financials
Financial year 2025
Vermeiren Princeps from Bornem, company number BE0400787667, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year Vermeiren Princeps recorded revenue of € 19.1 million and equity of € 8.2 million. Compared with financial year 2024, the result moved from € 2.5 million to € 2.3 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 8.2 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
66 % of the profit went to the shareholders, mostly to AVU (50 % of the shares). That is where the money ends up.
People and assets in 2025
26.7
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 5% vs 2024
€ 64,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 99,761
▲ 130% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
Loans from banks and other lenders, long and short.
€ 1.4 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 452,404
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,759,734 | € 16,689,020 | € 19,452,356 | € 19,063,226 | ▼ 2% |
| Profit after taxes | € 1,483,867 | € 1,626,398 | € 2,511,827 | € 2,266,159 | ▼ 10% |
| Equity | € 6,083,194 | € 6,309,592 | € 7,421,418 | € 8,187,578 | ▲ 10% |
| Total debts | € 3,536,822 | € 3,176,909 | € 3,557,759 | € 3,649,039 | ▲ 3% |
| Cash | € 2,813,547 | € 980,179 | € 1,115,286 | € 1,104,198 | ▼ 1% |
| Land & buildings | € 623,415 | € 595,179 | € 611,381 | € 535,771 | ▼ 12% |
| Retained profit | € 5,822,905 | € 6,049,303 | € 7,161,130 | € 7,927,289 | ▲ 11% |
| Dividend | € 1,200,000 | € 1,400,000 | € 1,400,000 | € 1,500,000 | ▲ 7% |
| Bank debt | € 1,800,000 | € 1,800,000 | € 1,800,000 | € 1,800,000 | |
| Balance sheet total | € 9,628,351 | € 9,493,794 | € 10,985,429 | € 11,841,826 | ▲ 8% |
| Employees (FTE) | 19.4 | 25.4 | 25.9 | 26.7 | ▲ 0.8 |
Key figures of Vermeiren Princeps, 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 Vermeiren Princeps?
What happened at Vermeiren Princeps in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.3 million (▼ 10% vs 2024). Source: NBB ↗
- Yoker BV stepped down as director. NBB
- Peter Vavedin stepped down as director. NBB
- Amantine NV stepped down as director. NBB
- Steven Vavedin stepped down as director. NBB
- Peter Vavedin became a director. NBB
- Yoker BV became a director. NBB
- Amantine NV became a director. NBB
In short
From € 1.5 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 2.7 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.5 million profit.
Paid out € 5.5 million in dividends to the owners in total.
Management
The stake of AVU, IMPEX INTER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vermeiren PrincepsThe shares are held by AVU (50%) and IMPEX INTER.
Directors
According to the 2025 annual accounts
Peter Vavedin
Director
Also active at: BELGIAN QUALITY SHOES AND LEATHERWARE GROUP, MIJNEN, VOKA - Kamer van Koophandel Limburg, AMBIORIX, LIMBURGSE RECONVERSIE MAATSCHAPPIJ, SOBRAJA
since 2024 · until 2026
since 2023 · until 2026
Steven Vavedin
Director
since 2023 · until 2026
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Klein-Mechelen(BOR) 73
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.787.667
- VAT number
- BE 0400.787.667
- Registered office
- Klein-Mechelen(BOR) 73, 2880 Bornem
- Names & denominations
- Vermeiren Princeps
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 1947
- Peppol
- Active · Active since 20 Aug 2025
- Activities · NACE
Vervaardiging van beschuit en koekjes en ander houdbaar banketbakkerswerk
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)