What does BANVERCO do?

BANVERCO is a wholesaler in Oostende. Public Limited, started on 12 January 1963, 1 establishment.

What is the address of BANVERCO?

The registered office of BANVERCO is located at Torhoutsesteenweg 605, 8400 Oostende.

Is BANVERCO still active?

Yes. According to the CBE (30 October 2026) BANVERCO is active, legal situation “Normale toestand”, started on 12 January 1963.

Is BANVERCO registered on Peppol?

Yes, BANVERCO is registered on the Peppol network with ID 0208:0405302028.

What is the enterprise number of BANVERCO?

The enterprise number of BANVERCO is BE0405302028.

When was BANVERCO founded?

BANVERCO was founded on 12 January 1963.

Who are the directors of BANVERCO?

According to the 2025 annual accounts, the directors of BANVERCO are: Filip Verhelst, Bernard Verhelst, Yvan Verhelst.

Is BANVERCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 January 1963; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did BANVERCO make in 2025?

BANVERCO posted a profit after taxes of € 41,156 in financial year 2025.

What is the revenue of BANVERCO?

As a small company, BANVERCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 778,100.

How much does an employee at BANVERCO earn?

The average wage cost per full-time employee at BANVERCO was € 49,800 in 2025: staff costs of € 602,918 for 12.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BANVERCO have?

According to the 2025 annual accounts, BANVERCO has 12.1 full-time equivalents (FTE).

BANVERCO (Public Limited) - Oostende - BE0405302028

Dossier BANVERCO, printed on 30 October 2026 from databakkes.be/en/0405302028/banverco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BANVERCO from Oostende, company number BE0405302028, closed financial year 2025 with a result of € 41,156 after tax. For that financial year BANVERCO recorded a gross margin of € 778,100 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 70,014 to € 41,156. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 20, 2026.

What it is worth Healthy

€ 1.5 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 41,156

▼ 41% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 431,934

▼ 5% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 46,962 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

12.1

▲ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 602,918

▲ 8% vs 2024

€ 49,800 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.

Vehicles and equipment

€ 66,895

▲ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 55,424

▲ 27% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 137,219

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 698,076 Gross margin 2022: € 698,076 First fiscal year in the series	€ 808,175 Gross margin 2023: € 808,175 ▲ 16% vs 2022 (€ 698,076) Favourable step	€ 775,070 Gross margin 2024: € 775,070 ▼ 4% vs 2023 (€ 808,175) Unfavourable step	€ 778,100 Gross margin 2025: € 778,100 Unchanged (€ 775,070) Favourable step
Profit after taxes	€ -18,230 Profit after taxes 2022: € -18,230 First fiscal year in the series	€ 77,714 Profit after taxes 2023: € 77,714 ▲ € 95,944 vs 2022 (€ -18,230) Favourable step	€ 70,014 Profit after taxes 2024: € 70,014 ▼ 10% vs 2023 (€ 77,714) Unfavourable step	€ 41,156 Profit after taxes 2025: € 41,156 ▼ 41% vs 2024 (€ 70,014) Unfavourable step	▼ 41%
Equity	€ 1,391,558 Equity 2022: € 1,391,558 First fiscal year in the series	€ 1,469,272 Equity 2023: € 1,469,272 ▲ 6% vs 2022 (€ 1,391,558) Favourable step	€ 1,539,286 Equity 2024: € 1,539,286 ▲ 5% vs 2023 (€ 1,469,272) Favourable step	€ 1,533,479 Equity 2025: € 1,533,479 Unchanged (€ 1,539,286) Unfavourable step
Total debts	€ 434,650 Total debts 2022: € 434,650 First fiscal year in the series	€ 476,391 Total debts 2023: € 476,391 ▲ 10% vs 2022 (€ 434,650) Unfavourable step	€ 437,521 Total debts 2024: € 437,521 ▼ 8% vs 2023 (€ 476,391) Favourable step	€ 437,936 Total debts 2025: € 437,936 Unchanged (€ 437,521) Unfavourable step
Cash	€ 421,999 Cash 2022: € 421,999 First fiscal year in the series	€ 495,854 Cash 2023: € 495,854 ▲ 18% vs 2022 (€ 421,999) Favourable step	€ 456,251 Cash 2024: € 456,251 ▼ 8% vs 2023 (€ 495,854) Unfavourable step	€ 431,934 Cash 2025: € 431,934 ▼ 5% vs 2024 (€ 456,251) Unfavourable step	▼ 5%
Land & buildings	€ 260,863 Land & buildings 2022: € 260,863 First fiscal year in the series	€ 260,863 Land & buildings 2023: € 260,863 Unchanged (€ 260,863) Unchanged	€ 260,863 Land & buildings 2024: € 260,863 Unchanged (€ 260,863) Unchanged	€ 260,863 Land & buildings 2025: € 260,863 Unchanged (€ 260,863) Unchanged
Retained profit	€ 833,448 Retained profit 2022: € 833,448 First fiscal year in the series	€ 911,162 Retained profit 2023: € 911,162 ▲ 9% vs 2022 (€ 833,448) Favourable step	€ 981,176 Retained profit 2024: € 981,176 ▲ 8% vs 2023 (€ 911,162) Favourable step	€ 975,369 Retained profit 2025: € 975,369 ▼ 1% vs 2024 (€ 981,176) Unfavourable step	▼ 1%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 46,962 Dividend 2025: € 46,962 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,826,208 Balance sheet total 2022: € 1,826,208 First fiscal year in the series	€ 1,945,663 Balance sheet total 2023: € 1,945,663 ▲ 7% vs 2022 (€ 1,826,208) Unchanged	€ 1,976,807 Balance sheet total 2024: € 1,976,807 ▲ 2% vs 2023 (€ 1,945,663) Unchanged	€ 1,971,416 Balance sheet total 2025: € 1,971,416 Unchanged (€ 1,976,807) Unchanged
Employees (FTE)	12.3 Employees (FTE) 2022: 12.3 First fiscal year in the series	12.7 Employees (FTE) 2023: 12.7 ▲ 0.4 vs 2022 (12.3) Unchanged	11.6 Employees (FTE) 2024: 11.6 ▼ 1.1 vs 2023 (12.7) Unchanged	12.1 Employees (FTE) 2025: 12.1 ▲ 0.5 vs 2024 (11.6) Unchanged	▲ 0.5

Key figures of BANVERCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to BANVERCO?

What happened at BANVERCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mar 20, 2026 New annual accounts for financial year 2025: profit of € 41,156 (▼ 41% vs 2024). Source: NBB ↗
Feb 1, 1963 New establishment in Oostende. KBO
Jan 12, 1963 Start of the company according to the CBE. KBO

In short

From € 18,230 loss in 2022 to € 41,156 profit in 2025.

Paid € 73,825 in corporate taxes since 2022.

Best year ever: 2023, with € 77,714 profit.

On average € 64,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Filip Verhelst Bernard Verhelst Yvan Verhelst

PARTOOL

BANVERCO

BERFIN

Motraco

Behind BANVERCO are Filip Verhelst, Bernard Verhelst and Yvan Verhelst. The same people are also behind PARTOOL. Bernard Verhelst is also behind BERFIN. Yvan Verhelst is also behind Motraco and AUDIOLIGHT.

Directors

According to the 2025 annual accounts

Filip Verhelst

Managing director

Also active at: PARTOOL

Bernard Verhelst

Director

Also active at: PARTOOL, BERFIN

Yvan Verhelst

Director

Also active at: Motraco, PARTOOL, AUDIOLIGHT

Establishments

Establishment units

Physical locations of this company

Registered office

Torhoutsesteenweg 605

8400 Oostende

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.302.028

VAT number

BE 0405.302.028

Registered office

Torhoutsesteenweg 605, 8400 Oostende

Names & denominations

BANVERCO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 January 1963

Peppol

Active · Active since 27 Nov 2025

Contact

[email protected] 059508806

Activities · NACE

Groothandel in delen en toebehoren van motorvoertuigen

Groothandel in onderdelen en accessoires van auto's

Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Detailhandel in onderdelen en accessoires van motorvoertuigen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Kleinhandel in onderdelen en accessoires van auto's

Onderhoud en reparatie van auto's

View on CBE Public ↗ Annual accounts (NBB) ↗

BANVERCO

Financials

What happened to BANVERCO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions