Warning lights
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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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERDE from Menen, company number BE0422035122, closed financial year 2025 with a result of € -31,406 after tax. For that financial year VERDE recorded a gross margin of € 507,577 and equity of € 139,646. Compared with financial year 2024, the result moved from € 1,803 to € -31,406. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 139,646
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,406
▼ still € 1,803 profit in 2024
Profit after tax over the fiscal year.
€ 68,589
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 121,046.
People and assets in 2025
8.2
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 409,282
▲ 12% vs 2024
€ 49,900 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.
€ 18,844
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 6% vs 2024
€ 87,397 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 277,295
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 109,319
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 626,268 | € 412,021 | € 499,328 | € 507,577 | ▲ 2% |
| Profit after taxes | € 22,569 | € -30,120 | € 1,803 | € -31,406 | ▼ € 33,209 |
| Equity | € 199,369 | € 169,250 | € 171,052 | € 139,646 | ▼ 18% |
| Total debts | € 1,077,276 | € 1,902,704 | € 1,818,106 | € 1,694,928 | ▼ 7% |
| Cash | € 28,311 | € 104,418 | € 124,055 | € 68,589 | ▼ 45% |
| Land & buildings | € 337,326 | € 953,745 | € 913,888 | € 874,032 | ▼ 4% |
| Retained profit | € 180,769 | € 150,650 | € 152,452 | € 121,046 | ▼ 21% |
| Bank debt | € 729,516 | € 1,492,901 | € 1,389,350 | € 1,302,570 | ▼ 6% |
| Balance sheet total | € 1,276,645 | € 2,071,953 | € 1,989,159 | € 1,834,574 | ▼ 8% |
| Employees (FTE) | 7 | 7.5 | 7.8 | 8.2 | ▲ 0.4 |
Key figures of VERDE, 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 VERDE?
What happened at VERDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,406 (▼ € 33,209 vs 2024). Source: NBB ↗
- New establishment in Menen. KBO
- New establishment in Menen. KBO
- PEDRO DERYCKERE became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,569 profit in 2022 to € 31,406 loss in 2025.
Paid € 11,658 in corporate taxes since 2022.
Best year ever: 2022, with € 22,569 profit.
On average € 61,900 of value added per employee in 2025.
Management
Behind VERDE is PEDRO DERYCKERE.
Directors
According to the 2025 annual accounts
PEDRO DERYCKERE
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Moeskroenstraat 678
8930 Menen
Kasteeldreef 35+
8930 Menen
Active since 1 May 2015
Spoorwegstraat 55+
8930 Menen
Active since 1 February 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.035.122
- VAT number
- BE 0422.035.122
- Registered office
- Moeskroenstraat 678, 8930 Menen
- Names & denominations
- VERDE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 1981
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Detailhandel in ijzerwaren en gereedschappen
Groothandel in gereedschapswerktuigen
Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers
Schrijnwerk
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Overige gespecialiseerde bouwactiviteiten, neg
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Overige gespecialiseerde bouwwerkzaamheden