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 52 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 2.6 to 1.1.
Financials
Financial year 2025
VEREENOOGHE HGL from Hooglede, company number BE0422639094, closed financial year 2025 with a result of € 27,403 after tax. For that financial year VEREENOOGHE HGL recorded a gross margin of € 91,880 and equity of € 45,914. Compared with financial year 2024, the result moved from € 7,561 to € 27,403. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 45,914
▲ 148% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,403
▲ 262% vs 2024
Profit after tax over the fiscal year.
€ 7,874
▲ 2% 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 € 27,314.
People and assets in 2025
1.1
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 55,945
▼ 45% vs 2024
€ 50,900 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.
€ 8,526
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,051
▼ 41% vs 2024
€ 27,572 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 77,915
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,368
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,841 | € 97,786 | € 137,235 | € 91,880 | ▼ 33% |
| Profit after taxes | € -2,141 | € -43,317 | € 7,561 | € 27,403 | ▲ 262% |
| Equity | € 54,267 | € 10,950 | € 18,511 | € 45,914 | ▲ 148% |
| Total debts | € 479,076 | € 511,136 | € 399,570 | € 349,474 | ▼ 13% |
| Cash | € 22,275 | € 3,373 | € 7,720 | € 7,874 | ▲ 2% |
| Land & buildings | € 62,048 | € 47,058 | € 32,068 | € 17,079 | ▼ 47% |
| Retained profit | € 35,667 | € -7,650 | € -89 | € 27,314 | ▲ € 27,403 |
| Bank debt | € 133,546 | € 118,019 | € 74,079 | € 44,051 | ▼ 41% |
| Balance sheet total | € 533,343 | € 522,086 | € 418,081 | € 395,388 | ▼ 5% |
| Employees (FTE) | 1.9 | 2.6 | 1.6 | 1.1 | ▼ 0.5 |
Key figures of VEREENOOGHE HGL, 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 April 2027.
What happened to VEREENOOGHE HGL?
What happened at VEREENOOGHE HGL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,403 (▲ 262% vs 2024). Source: NBB ↗
- MATEL CONSULT & CONSTRUCT became a director. NBB
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,141 loss in 2022 to € 27,403 profit in 2025.
Paid € 659 in corporate taxes since 2022.
Best year ever: 2025, with € 27,403 profit.
On average € 83,500 of value added per employee in 2025.
Management
The stake of Matel Consult & Construct comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEREENOOGHE HGLBehind VEREENOOGHE HGL is MATEL CONSULT & CONSTRUCT. The shares are held by Matel Consult & Construct (100%).
Directors
According to the 2025 annual accounts
Director · represented by Yves Van Cauwenberghe
Also active at: VEREENOOGHE OST, Vereenooghe SEW, VEREENOOGHE LDL
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marktplaats 20-21
8830 Hooglede
Marktplaats 20
8830 Hooglede
Active since 1 April 1982
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.639.094
- VAT number
- BE 0422.639.094
- Registered office
- Marktplaats 20-21, 8830 Hooglede
- Names & denominations
- VEREENOOGHE HGL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1982
- Peppol
- Active · Active since 27 Aug 2023
- Activities · NACE
Apothekers
Detailhandel in farmaceutische producten
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in cosmetica en toiletartikelen
Overige niet-gespecialiseerde detailhandel in winkels in overwegend voedings- en genotmiddelen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)