Financials
Financial year 2025
VERSTIMMO from Pittem, company number BE0413850104, closed financial year 2025 with a result of € 6.6 million after tax. For that financial year VERSTIMMO recorded revenue of € 1.7 million and equity of € 31.6 million. Compared with financial year 2024, the result moved from € 7.7 million to € 6.6 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 4, 2026.
€ 31.6 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.6 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 297,417
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 30.8 million.
Debts at end 2025
€ 1.2 million
▼ 7% vs 2024
€ 115,495 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 197,062
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 223 days on average.
€ 246,062
▲ € 195,711 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,465,178 | - | € 3,511,415 | € 1,727,578 | ▼ 51% |
| Gross margin | - | € 1,114,943 | - | - | |
| Profit after taxes | € 418,925 | € 383,309 | € 7,749,144 | € 6,574,493 | ▼ 15% |
| Equity | € 15,811,307 | € 16,194,616 | € 25,065,494 | € 31,638,329 | ▲ 26% |
| Total debts | € 2,071,752 | € 2,810,755 | € 2,270,778 | € 2,945,260 | ▲ 30% |
| Cash | € 1,739,536 | € 556,478 | € 2,736,205 | € 297,417 | ▼ 89% |
| Land & buildings | € 8,759,003 | € 11,430,659 | € 17,857,455 | € 21,631,079 | ▲ 21% |
| Retained profit | € 15,646,321 | € 16,029,630 | € 24,252,674 | € 30,827,167 | ▲ 27% |
| Bank debt | € 1,979,933 | € 1,444,011 | € 1,339,464 | € 1,242,708 | ▼ 7% |
| Balance sheet total | € 17,883,059 | € 19,005,371 | € 27,336,444 | € 34,583,674 | ▲ 27% |
Key figures of VERSTIMMO, 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 VERSTIMMO?
What happened at VERSTIMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6.6 million (▼ 15% vs 2024). filed late Source: NBB ↗
- Dries Vervaeke became a director. NBB
- Groep Vervaeke BV became a director. NBB
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 418,925 profit in 2022 to € 6.6 million profit in 2025.
Paid € 5.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 7.7 million profit.
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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 GROEP VERVAEKE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERSTIMMOBehind VERSTIMMO are Groep Vervaeke BV and Dries Vervaeke. The shares are held by GROEP VERVAEKE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stiphen Vervaeke
Also active at: E. & D. SPRIET Vervoer en Handel, TACK PLANTS, TACK TRANS, AGRI VERVAEKE, AARDAPPELHANDEL VERVAEKE
since 2021
Dries Vervaeke
Director
Also active at: TACK AGRI, AGRI VERVAEKE, SAMBRE SUD POTATO, GROEP VERVAEKE, AARDAPPELHANDEL VERVAEKE, D & P VERVAEKE
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meulebekestraat 105B
8740 Pittem
Meulebekestraat 105
8740 Pittem
Active since 5 January 1978
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.850.104
- VAT number
- BE 0413.850.104
- Registered office
- Meulebekestraat 105B, 8740 Pittem
- Names & denominations
- VERSTIMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1973
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Holdings