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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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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VEREECKE from Pelt, company number BE0406189478, closed financial year 2025 with a result of € 845,327 after tax. For that financial year VEREECKE recorded revenue of € 25.3 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -1.2 million to € 845,327. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 1.4 million
▲ 167% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 845,327
▲ still € 1.2 million loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -700,918.
People and assets in 2025
115.5
▼ 21 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.3 million
▲ 93% vs 2024
€ 54,600 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.
€ 482,312
▼ 20% vs 2024
Of which on lease € 455,491.
Debts at end 2025
€ 632,890
▼ 84% vs 2024
€ 239,590 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4.1 million
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.
€ 580,203
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,535,280 | € 42,613,734 | € 14,607,045 | € 25,306,945 | ▲ 73% |
| Profit after taxes | € 740 | € -1,434,345 | € -1,191,919 | € 845,327 | ▲ € 2 million |
| Equity | € 1,883,808 | € 449,463 | € 507,544 | € 1,352,871 | ▲ 167% |
| Total debts | € 12,728,263 | € 14,693,872 | € 9,696,186 | € 5,352,597 | ▼ 45% |
| Cash | € 523,851 | € 1,039,729 | € 86,403 | - | |
| Retained profit | € 1,080,019 | € -354,326 | € -1,546,245 | € -700,918 | ▲ € 845,327 |
| Bank debt | € 4,902,372 | € 5,280,849 | € 4,015,715 | € 632,890 | ▼ 84% |
| Balance sheet total | € 14,612,071 | € 15,143,335 | € 10,203,730 | € 6,705,468 | ▼ 34% |
| Employees (FTE) | 139.8 | 132.8 | 136.5 | 115.5 | ▼ 21 |
Key figures of VEREECKE, 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 VEREECKE?
What happened at VEREECKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 845,327. Source: NBB ↗
- New establishment in Harelbeke. KBO
- Werkhofs bv became a director. NBB
- Quality Management bv became a director. NBB
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 740 profit in 2022 to € 845,327 profit in 2025.
Paid € 31,140 in corporate taxes since 2022.
Best year ever: 2025, with € 845,327 profit.
Pays suppliers within 84 days on average.
Management
Behind VEREECKE are Werkhofs bv and Quality Management bv. The shares are held by Algemene Participatie Kerkhofs (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kerkhofs Ward
Also active at: APK Drilling, APK infra, K-Boringen, Travaux Voiries et Conduites, Q MACHINERY, VERFAILLIE - LEROY EN C°, APK Infra West, VERSTRAETE - VERHULST +18 more
since 2024
Director · represented by Broens Maarten
Also active at: APK Drilling, APK infra, K-Boringen, Travaux Voiries et Conduites, Q MACHINERY, VERFAILLIE - LEROY EN C°, APK Infra West, VERSTRAETE - VERHULST +27 more
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Haltstraat 50
3900 Pelt
Spoorwegstraat 4
8530 Harelbeke
Active since 1 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →APK infra same network
€ 164.9 million revenue · 2025
VERGA
€ 51,534 gross margin · 2026
Q MACHINERY same network
€ 32.8 million revenue · 2025
VERFAILLIE - LEROY EN C° same network
€ 1.4 million gross margin · 2025
APK Infra West same network
€ 46.3 million revenue · 2025
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.189.478
- VAT number
- BE 0406.189.478
- Registered office
- Haltstraat 50, 3900 Pelt
- Names & denominations
- VEREECKE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)