Financials
Financial year 2025
VERMEIRE TRANSMISSIONS from Verviers, company number BE0402475467, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year VERMEIRE TRANSMISSIONS recorded revenue of € 22.8 million and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 2.9 million to € 2.5 million. The company is profitable. The buffer shrank hard: equity is 75 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 5.4 million
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.5 million
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 18.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
39.5
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▼ 1% vs 2024
€ 69,500 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.
€ 38,645
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 52% vs 2024
Loans from banks and other lenders, long and short.
€ 2.6 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 627,924
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 27,245,833 | € 24,863,873 | € 25,117,436 | € 22,800,996 | ▼ 9% |
| Profit after taxes | € 2,969,761 | € 2,424,412 | € 2,947,211 | € 2,457,955 | ▼ 17% |
| Equity | € 16,105,312 | € 18,470,255 | € 21,417,466 | € 5,375,421 | ▼ 75% |
| Total debts | € 3,550,268 | € 3,580,813 | € 4,571,476 | € 23,179,383 | ▲ € 18.6 million |
| Cash | € 1,322,067 | € 1,025,823 | € 1,637,113 | € 1,432,353 | ▼ 13% |
| Land & buildings | € 350,534 | € 0 | - | - | |
| Retained profit | € 15,673,843 | € 18,098,255 | € 21,045,466 | € 5,003,421 | ▼ 76% |
| Dividend | € 0 | € 0 | € 0 | € 18,500,000 | |
| Bank debt | € 0 | € 0 | € 895,357 | € 1,363,981 | ▲ 52% |
| Balance sheet total | € 19,655,580 | € 22,051,068 | € 25,988,942 | € 28,554,804 | ▲ 10% |
| Employees (FTE) | 42.5 | 43.6 | 40.9 | 39.5 | ▼ 1.4 |
Key figures of VERMEIRE TRANSMISSIONS, 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 VERMEIRE TRANSMISSIONS?
What happened at VERMEIRE TRANSMISSIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Willem Frederik BAAN stepped down as director. NBB
- Paul VAN DER REST stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.5 million (▼ 17% vs 2024). Source: NBB ↗
- Willem Frederik BAAN became a director. NBB
- Paul VAN DER REST became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Verviers. KBO
In short
From € 3 million profit in 2022 to € 2.5 million profit in 2025.
Paid € 3.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 3 million profit.
Paid out € 18.5 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Produits pour le Commerce et l'Industrie comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERMEIRE TRANSMISSIONSThe shares are held by Produits pour le Commerce et l'Industrie (99.8%).
Directors
According to the 2025 annual accounts
Willem Frederik BAAN
Director
Also active at: Aciers Crustin, Rubix, VERMEIRE AANDRIJVINGEN, BEDU BELGIUM
since 2022 · until 2028
Paul VAN DER REST
Director
Also active at: Aciers Crustin, Rubix, VERMEIRE AANDRIJVINGEN, BEDU BELGIUM
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Filature 41
4800 Verviers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Domain
Domain
vermeire.com
Registered
1998-12-08
Registrar
Tucows Domains Inc.
Expires
2030-12-07
Website info
Features
Security
Details
- Company number
- 0402.475.467
- VAT number
- BE 0402.475.467
- Registered office
- Rue de la Filature 41, 4800 Verviers
- Names & denominations
- VERMEIRE TRANSMISSIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1946
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vermeire.com
- Activities · NACE
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