Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
VERDON from Courcelles, company number BE0418364265, closed financial year 2025 with a result of € 11.2 million after tax. For that financial year VERDON recorded revenue of € 116.5 million and equity of € 24.8 million. Compared with financial year 2024, the result moved from € 4.8 million to € 11.2 million. 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 January 12, 2026.
€ 24.8 million
▲ 81% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.2 million
▲ 131% vs 2024
Profit after tax over the fiscal year.
€ 7.5 million
▼ 11% 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 € 19.8 million.
People and assets in 2025
146
Average over the fiscal year, from the social balance sheet.
€ 9.6 million
▲ 4% vs 2024
€ 65,600 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.
€ 1.2 million
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 678,830
▼ 30% vs 2024
€ 234,817 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 25.2 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.
€ 2.2 million
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,242,196 | € 37,955,346 | € 75,099,746 | € 116,450,475 | ▲ 55% |
| Profit after taxes | € 128,072 | € 514,201 | € 4,834,885 | € 11,182,736 | ▲ 131% |
| Equity | € 8,434,709 | € 8,944,193 | € 13,708,929 | € 24,751,664 | ▲ 81% |
| Total debts | € 8,377,570 | € 21,110,390 | € 39,004,140 | € 54,414,034 | ▲ 40% |
| Cash | € 2,809,024 | € 2,453,691 | € 8,391,521 | € 7,471,618 | ▼ 11% |
| Land & buildings | € 171,874 | € 171,874 | € 453,401 | € 461,305 | ▲ 2% |
| Retained profit | € 3,429,843 | € 3,944,044 | € 8,708,929 | € 19,751,664 | ▲ 127% |
| Bank debt | € 1,742,483 | € 735,939 | € 975,079 | € 678,830 | ▼ 30% |
| Balance sheet total | € 16,812,279 | € 30,314,583 | € 53,233,069 | € 79,945,698 | ▲ 50% |
| Employees (FTE) | 135 | 133 | 146 | 146 |
Key figures of VERDON, 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 January 2027.
What happened to VERDON?
What happened at VERDON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Châtelet. KBO
- New annual accounts for financial year 2025: profit of € 11.2 million (▲ 131% vs 2024). Source: NBB ↗
- Dario Vergnasco stepped down as director. NBB
- FININGEST S.A. stepped down as director. NBB
- Massimo Vergnasco stepped down as director. NBB
- New establishment in Bernissart. KBO
- New establishment in Charleroi. KBO
- New establishment in Courcelles. KBO
In short
From € 128,072 profit in 2022 to € 11.2 million profit in 2025.
Paid € 6.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 11.2 million profit.
Pays suppliers within 65 days on average.
Management
The shares are held by FININGEST S.A. (100%).
Directors
According to the 2025 annual accounts
since 2019 · until 2025
Director · represented by Dario Vergnasco
since 2019 · until 2025
Massimo Vergnasco
Managing director
Also active at: FINANCIERE INDUSTRIELLE DE GESTION, MV INVEST, HOLDINGEST
since 2019 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Trazegnies(CO) 124
6180 Courcelles
Rue de la Glacerie(CO) 122
6180 Courcelles
Active since 1 June 2022
Avenue des Etats-Unis 1 box Hall D
6041 Charleroi
Active since 1 June 2023
Rue de la Gare(V.P) 47
7322 Bernissart
Active since 1 December 2025
Rue Paul Pastur 400
6200 Châtelet
Active since 1 February 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
MAEHDROS-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0418.364.265
- VAT number
- BE 0418.364.265
- Registered office
- Rue de Trazegnies(CO) 124, 6180 Courcelles
- Names & denominations
- VERDON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1978
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- verdon.be
- Activities · NACE
Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming
Vervaardiging van stoomketels
Vervaardiging van stoomketels, exclusief warmwaterketels voor centrale verwarming
Elektrische installatie
Algemene elektrotechnische installatiewerken