What does Vervaeke do?

Vervaeke is a road haulage company in Spiere-Helkijn. Public Limited, started on 1 January 1968, 2 establishments.

What is the address of Vervaeke?

The registered office of Vervaeke is located at Ijzeren Bareel 1, 8587 Spiere-Helkijn.

Is Vervaeke still active?

Yes. According to the CBE (29 October 2026) Vervaeke is active, legal situation “Normale toestand”, started on 1 January 1968.

Is Vervaeke registered on Peppol?

Yes, Vervaeke is registered on the Peppol network with ID 0208:0405456634.

What is the enterprise number of Vervaeke?

The enterprise number of Vervaeke is BE0405456634.

When was Vervaeke founded?

Vervaeke was founded on 1 January 1968.

Who are the directors of Vervaeke?

According to the 2025 annual accounts, the directors of Vervaeke are: Frédéric DERUMEAUX, Julien DERUMEAUX, Marianne VERVAEKE.

Is Vervaeke a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did Vervaeke make in 2025?

Vervaeke posted a profit after taxes of € 1,208,495 in financial year 2025.

What is the revenue of Vervaeke?

In its most recent annual accounts (2025), Vervaeke reported revenue of € 87,597,067.

How much does an employee at Vervaeke earn?

The average wage cost per full-time employee at Vervaeke was € 79,100 in 2025: staff costs of € 31.1 million for 393.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Vervaeke have?

According to the 2025 annual accounts, Vervaeke has 393.3 full-time equivalents (FTE).

Vervaeke (Public Limited) - Spiere-Helkijn - BE0405456634

Dossier Vervaeke, printed on 29 October 2026 from databakkes.be/en/0405456634/vervaeke. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Vervaeke from Spiere-Helkijn, company number BE0405456634, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Vervaeke recorded revenue of € 87.6 million and equity of € 40.7 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.2 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 August 31, 2026.

What it is worth Growing

€ 40.7 million

▲ 3% vs 2024

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

Profit Healthy

€ 1.2 million

▼ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.7 million

▼ 76% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 39.9 million.

People and assets in 2025

Full-time equivalents

393.3

▲ 25.5 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 52.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 31.1 million

▲ 10% vs 2024

€ 79,100 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

€ 16.7 million

▲ 113% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 22 million

▲ 24% vs 2024

€ 4 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 6.3 million

▲ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.

Taxes and wages

€ 5.1 million

▲ 11% 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
Revenue	€ 66,823,998 Revenue 2022: € 66,823,998 First fiscal year in the series	€ 71,671,477 Revenue 2023: € 71,671,477 ▲ 7% vs 2022 (€ 66,823,998) Favourable step	€ 77,260,959 Revenue 2024: € 77,260,959 ▲ 8% vs 2023 (€ 71,671,477) Favourable step	€ 87,597,067 Revenue 2025: € 87,597,067 ▲ 13% vs 2024 (€ 77,260,959) Favourable step	▲ 13%
Profit after taxes	€ 2,265,258 Profit after taxes 2022: € 2,265,258 First fiscal year in the series	€ 3,259,814 Profit after taxes 2023: € 3,259,814 ▲ 44% vs 2022 (€ 2,265,258) Favourable step	€ 1,380,706 Profit after taxes 2024: € 1,380,706 ▼ 58% vs 2023 (€ 3,259,814) Unfavourable step	€ 1,208,495 Profit after taxes 2025: € 1,208,495 ▼ 12% vs 2024 (€ 1,380,706) Unfavourable step	▼ 12%
Equity	€ 34,885,460 Equity 2022: € 34,885,460 First fiscal year in the series	€ 38,144,536 Equity 2023: € 38,144,536 ▲ 9% vs 2022 (€ 34,885,460) Favourable step	€ 39,525,242 Equity 2024: € 39,525,242 ▲ 4% vs 2023 (€ 38,144,536) Favourable step	€ 40,733,737 Equity 2025: € 40,733,737 ▲ 3% vs 2024 (€ 39,525,242) Favourable step	▲ 3%
Total debts	€ 35,635,255 Total debts 2022: € 35,635,255 First fiscal year in the series	€ 37,768,292 Total debts 2023: € 37,768,292 ▲ 6% vs 2022 (€ 35,635,255) Unfavourable step	€ 50,327,472 Total debts 2024: € 50,327,472 ▲ 33% vs 2023 (€ 37,768,292) Unfavourable step	€ 55,320,624 Total debts 2025: € 55,320,624 ▲ 10% vs 2024 (€ 50,327,472) Unfavourable step	▲ 10%
Cash	€ 1,581,641 Cash 2022: € 1,581,641 First fiscal year in the series	€ 1,167,781 Cash 2023: € 1,167,781 ▼ 26% vs 2022 (€ 1,581,641) Unfavourable step	€ 6,972,525 Cash 2024: € 6,972,525 ▲ € 5.8 million vs 2023 (€ 1,167,781) Favourable step	€ 1,689,022 Cash 2025: € 1,689,022 ▼ 76% vs 2024 (€ 6,972,525) Unfavourable step	▼ 76%
Land & buildings	€ 853,203 Land & buildings 2022: € 853,203 First fiscal year in the series	€ 750,907 Land & buildings 2023: € 750,907 ▼ 12% vs 2022 (€ 853,203) Unchanged	€ 651,572 Land & buildings 2024: € 651,572 ▼ 13% vs 2023 (€ 750,907) Unchanged	€ 693,724 Land & buildings 2025: € 693,724 ▲ 6% vs 2024 (€ 651,572) Unchanged	▲ 6%
Retained profit	€ 34,035,222 Retained profit 2022: € 34,035,222 First fiscal year in the series	€ 37,295,036 Retained profit 2023: € 37,295,036 ▲ 10% vs 2022 (€ 34,035,222) Favourable step	€ 38,675,742 Retained profit 2024: € 38,675,742 ▲ 4% vs 2023 (€ 37,295,036) Favourable step	€ 39,884,237 Retained profit 2025: € 39,884,237 ▲ 3% vs 2024 (€ 38,675,742) Favourable step	▲ 3%
Bank debt	€ 11,354,039 Bank debt 2022: € 11,354,039 First fiscal year in the series	€ 8,355,037 Bank debt 2023: € 8,355,037 ▼ 26% vs 2022 (€ 11,354,039) Favourable step	€ 17,812,478 Bank debt 2024: € 17,812,478 ▲ 113% vs 2023 (€ 8,355,037) Unfavourable step	€ 22,047,373 Bank debt 2025: € 22,047,373 ▲ 24% vs 2024 (€ 17,812,478) Unfavourable step	▲ 24%
Balance sheet total	€ 70,540,016 Balance sheet total 2022: € 70,540,016 First fiscal year in the series	€ 75,928,922 Balance sheet total 2023: € 75,928,922 ▲ 8% vs 2022 (€ 70,540,016) Unchanged	€ 89,865,600 Balance sheet total 2024: € 89,865,600 ▲ 18% vs 2023 (€ 75,928,922) Unchanged	€ 96,064,040 Balance sheet total 2025: € 96,064,040 ▲ 7% vs 2024 (€ 89,865,600) Unchanged	▲ 7%
Employees (FTE)	366.8 Employees (FTE) 2022: 366.8 First fiscal year in the series	352.8 Employees (FTE) 2023: 352.8 ▼ 14 vs 2022 (366.8) Unchanged	367.8 Employees (FTE) 2024: 367.8 ▲ 15 vs 2023 (352.8) Unchanged	393.3 Employees (FTE) 2025: 393.3 ▲ 25.5 vs 2024 (367.8) Unchanged	▲ 25.5

Key figures of Vervaeke, 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 Vervaeke?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▼ 12% vs 2024). filed late Source: NBB ↗
Jun 7, 1989 New establishment in Asse. KBO
Jan 1, 1968 Start of the company according to the CBE. KBO
May 1, 1953 New establishment in Spiere-Helkijn. KBO

In short

From € 2.3 million profit in 2022 to € 1.2 million profit in 2025.

Paid € 2.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 3.3 million profit.

Pays suppliers within 44 days on average.

Original PDFs at the National Bank ↗

Management

Vermaro - Invest 100%

The stake of Vermaro - Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Vervaeke

HOLDING VERVAEKE LOGISTICS 100%

HOLDING VERVAEKE 100%

Behind Vervaeke are Frédéric DERUMEAUX, Julien DERUMEAUX and Marianne VERVAEKE. The shares are held by Vermaro - Invest (100%). It owns 100% of HOLDING VERVAEKE LOGISTICS and 100% of HOLDING VERVAEKE itself.

Directors

According to the 2025 annual accounts

Frédéric DERUMEAUX

Managing director

Also active at: Assuver, VERVAEKE WALLONIE

Julien DERUMEAUX

Director

Also active at: Immo Vervaeke, Assuver, VERDE INVEST, Vermaro - Invest, VERVAEKE WALLONIE

Marianne VERVAEKE

Director

Also active at: Immo Vervaeke, Assuver, VERDE INVEST, Vermaro - Invest, VERVAEKE WALLONIE

Shareholders

Vermaro - Invest

100%

Participations

HOLDING VERVAEKE LOGISTICS

100%

HOLDING VERVAEKE

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Ijzeren Bareel 1

8587 Spiere-Helkijn

2.003.906.073

Brusselsesteenweg 391

1731 Asse

Active since 7 June 1989

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Immo Vervaeke same network

€ 166,969 gross margin · 2025

Assuver same network

€ 113,239 gross margin · 2025

VERINSTRUCT

Vehicle & Trailer Service

€ 14.4 million revenue · 2025

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

Details

Company number

0405.456.634

VAT number

BE 0405.456.634

Registered office

Ijzeren Bareel 1, 8587 Spiere-Helkijn

Names & denominations

Vervaeke · Transports Vervaeke

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Goederenvervoer over de weg

Vervoersbemiddeling

Logistieke diensten

Overige vormen van onderwijs

Beroepsopleiding

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

Vervaeke

Financials

What happened to Vervaeke?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions