What does VERGOKAN do?

VERGOKAN is a metalworking company in Oudenaarde. Public Limited, started on 7 July 1982, 1 establishment.

What is the address of VERGOKAN?

The registered office of VERGOKAN is located at Meersbloem-Melden 16, 9700 Oudenaarde.

Is VERGOKAN still active?

Yes. According to the CBE (30 October 2026) VERGOKAN is active, legal situation “Normale toestand”, started on 7 July 1982.

Is VERGOKAN registered on Peppol?

Yes, VERGOKAN is registered on the Peppol network with ID 0208:0422878131.

What is the enterprise number of VERGOKAN?

The enterprise number of VERGOKAN is BE0422878131.

When was VERGOKAN founded?

VERGOKAN was founded on 7 July 1982.

Who are the directors of VERGOKAN?

According to the 2025 annual accounts, the directors of VERGOKAN are: VERGOKAN INTERNATIONAL NV, Paul MERRICK, Carl JONES.

Is VERGOKAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 July 1982; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VERGOKAN make in 2025?

VERGOKAN posted a profit after taxes of € 6,102,968 in financial year 2025.

What is the revenue of VERGOKAN?

In its most recent annual accounts (2025), VERGOKAN reported revenue of € 52,458,112.

How much does an employee at VERGOKAN earn?

The average wage cost per full-time employee at VERGOKAN was € 85,600 in 2025: staff costs of € 9.2 million for 107.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERGOKAN have?

According to the 2025 annual accounts, VERGOKAN has 107.4 full-time equivalents (FTE).

VERGOKAN (Public Limited) - Oudenaarde - BE0422878131

Dossier VERGOKAN, printed on 30 October 2026 from databakkes.be/en/0422878131/vergokan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VERGOKAN from Oudenaarde, company number BE0422878131, closed financial year 2025 with a result of € 6.1 million after tax. For that financial year VERGOKAN recorded revenue of € 52.5 million and equity of € 36.5 million. Compared with financial year 2024, the result moved from € 5.4 million to € 6.1 million. Profitable, and profit is growing. 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 March 10, 2026.

What it is worth Growing

€ 36.5 million

▲ 20% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 6.1 million

▲ 13% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 11.5 million

▲ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 23.2 million.

People and assets in 2025

Full-time equivalents

107.4

▲ 5.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 8.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 9.2 million

▲ 11% vs 2024

€ 85,600 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.

Vehicles and equipment

€ 218,723

▲ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 9.6 million

▼ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.

Taxes and wages

€ 1.8 million

▲ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 45,838,624 Revenue 2022: € 45,838,624 First fiscal year in the series	€ 48,682,176 Revenue 2023: € 48,682,176 ▲ 6% vs 2022 (€ 45,838,624) Favourable step	€ 47,641,736 Revenue 2024: € 47,641,736 ▼ 2% vs 2023 (€ 48,682,176) Unfavourable step	€ 52,458,112 Revenue 2025: € 52,458,112 ▲ 10% vs 2024 (€ 47,641,736) Favourable step	▲ 10%
Profit after taxes	€ 1,884,490 Profit after taxes 2022: € 1,884,490 First fiscal year in the series	€ 4,834,649 Profit after taxes 2023: € 4,834,649 ▲ 157% vs 2022 (€ 1,884,490) Favourable step	€ 5,419,917 Profit after taxes 2024: € 5,419,917 ▲ 12% vs 2023 (€ 4,834,649) Favourable step	€ 6,102,968 Profit after taxes 2025: € 6,102,968 ▲ 13% vs 2024 (€ 5,419,917) Favourable step	▲ 13%
Equity	€ 20,133,181 Equity 2022: € 20,133,181 First fiscal year in the series	€ 24,967,830 Equity 2023: € 24,967,830 ▲ 24% vs 2022 (€ 20,133,181) Favourable step	€ 30,387,747 Equity 2024: € 30,387,747 ▲ 22% vs 2023 (€ 24,967,830) Favourable step	€ 36,490,716 Equity 2025: € 36,490,716 ▲ 20% vs 2024 (€ 30,387,747) Favourable step	▲ 20%
Total debts	€ 16,841,014 Total debts 2022: € 16,841,014 First fiscal year in the series	€ 13,886,983 Total debts 2023: € 13,886,983 ▼ 18% vs 2022 (€ 16,841,014) Favourable step	€ 14,337,604 Total debts 2024: € 14,337,604 ▲ 3% vs 2023 (€ 13,886,983) Unfavourable step	€ 11,549,230 Total debts 2025: € 11,549,230 ▼ 19% vs 2024 (€ 14,337,604) Favourable step	▼ 19%
Cash	€ 1,343,188 Cash 2022: € 1,343,188 First fiscal year in the series	€ 2,672,778 Cash 2023: € 2,672,778 ▲ 99% vs 2022 (€ 1,343,188) Favourable step	€ 11,183,738 Cash 2024: € 11,183,738 ▲ € 8.5 million vs 2023 (€ 2,672,778) Favourable step	€ 11,502,217 Cash 2025: € 11,502,217 ▲ 3% vs 2024 (€ 11,183,738) Favourable step	▲ 3%
Land & buildings	€ 4,872,029 Land & buildings 2022: € 4,872,029 First fiscal year in the series	€ 4,747,069 Land & buildings 2023: € 4,747,069 ▼ 3% vs 2022 (€ 4,872,029) Unchanged	€ 4,566,147 Land & buildings 2024: € 4,566,147 ▼ 4% vs 2023 (€ 4,747,069) Unchanged	€ 4,283,541 Land & buildings 2025: € 4,283,541 ▼ 6% vs 2024 (€ 4,566,147) Unchanged	▼ 6%
Retained profit	€ 6,851,339 Retained profit 2022: € 6,851,339 First fiscal year in the series	€ 11,685,988 Retained profit 2023: € 11,685,988 ▲ 71% vs 2022 (€ 6,851,339) Favourable step	€ 17,105,905 Retained profit 2024: € 17,105,905 ▲ 46% vs 2023 (€ 11,685,988) Favourable step	€ 23,208,873 Retained profit 2025: € 23,208,873 ▲ 36% vs 2024 (€ 17,105,905) Favourable step	▲ 36%
Bank debt	€ 1,775,578 Bank debt 2022: € 1,775,578 First fiscal year in the series	€ 931,416 Bank debt 2023: € 931,416 ▼ 48% vs 2022 (€ 1,775,578) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 931,416) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 37,029,148 Balance sheet total 2022: € 37,029,148 First fiscal year in the series	€ 38,859,819 Balance sheet total 2023: € 38,859,819 ▲ 5% vs 2022 (€ 37,029,148) Unchanged	€ 44,728,077 Balance sheet total 2024: € 44,728,077 ▲ 15% vs 2023 (€ 38,859,819) Unchanged	€ 48,039,945 Balance sheet total 2025: € 48,039,945 ▲ 7% vs 2024 (€ 44,728,077) Unchanged	▲ 7%
Employees (FTE)	91.7 Employees (FTE) 2022: 91.7 First fiscal year in the series	99.9 Employees (FTE) 2023: 99.9 ▲ 8.2 vs 2022 (91.7) Unchanged	102 Employees (FTE) 2024: 102 ▲ 2.1 vs 2023 (99.9) Unchanged	107.4 Employees (FTE) 2025: 107.4 ▲ 5.4 vs 2024 (102) Unchanged	▲ 5.4

Key figures of VERGOKAN, 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 VERGOKAN?

What happened at VERGOKAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Paul MERRICK stepped down as director. NBB
2030 Carl JONES stepped down as director. NBB
Mar 10, 2026 New annual accounts for financial year 2025: profit of € 6.1 million (▲ 13% vs 2024). Source: NBB ↗
2026 VERGOKAN INTERNATIONAL NV stepped down as director. NBB
2024 Paul MERRICK became a director. NBB
2024 Carl JONES became a director. NBB
2020 VERGOKAN INTERNATIONAL NV became a director. NBB
Jul 7, 1982 Start of the company according to the CBE. KBO

In short

From € 1.9 million profit in 2022 to € 6.1 million profit in 2025.

Paid € 6.6 million in corporate taxes since 2022.

Best year ever: 2025, with € 6.1 million profit.

Pays suppliers within 97 days on average.

Original PDFs at the National Bank ↗

Management

Allied Luxembourg S.A.R.L 52.9%

Vergokan International NV 47.1%

VERGOKAN

Vergokan OOO 100%

Vergokan SAS 99%

Vergo Coating BVBA 95.9%

VERGO GALVA 28.9%

The shares are held by Allied Luxembourg S.A.R.L (52.9%) and Vergokan International NV (47.1%). It owns 100% of Vergokan OOO, 99% of Vergokan SAS, 95.9% of Vergo Coating BVBA and 28.9% of VERGO GALVA itself.

Directors

According to the 2025 annual accounts

VERGOKAN INTERNATIONAL NV

Vast vertegenwoordiger rechtspersoon · represented by Gino Declercq

Also active at: VERGO GALVA, VERGO COATING

since 2020 · until 2026

Paul MERRICK

Director

Also active at: Vergokan International

since 2024 · until 2030

Carl JONES

Director

Also active at: VERGO GALVA

since 2024 · until 2030

Shareholders

Allied Luxembourg S.A.R.L

52.9%

Vergokan International NV

47.1%

Participations

Vergokan OOO

100%

Vergokan SAS

99%

Vergo Coating BVBA

95.9%

VERGO GALVA

28.9%

Establishments

Establishment units

Physical locations of this company

Registered office

Meersbloem-Melden 16

9700 Oudenaarde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Vergokan International same network

€ 1.1 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0422.878.131

VAT number

BE 0422.878.131

Registered office

Meersbloem-Melden 16, 9700 Oudenaarde

Names & denominations

VERGOKAN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 July 1982

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van overige producten van metaal, neg

Installatie van verwarming, klimaatregeling en ventilatie

Vervaardiging van overige artikelen van metaal, n.e.g.

Vervaardiging van computers en randapparatuur

Overige diensten op het gebied van informatietechnologie en computer

Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur

Groothandel in informatie- en communicatieapparatuur

Vervaardiging van computers en andere apparatuur voor de verwerking van informatie

View on CBE Public ↗ Annual accounts (NBB) ↗

VERGOKAN

Financials

What happened to VERGOKAN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions