Financials
Financial year 2025
VERMEULEN NOËL from Moorslede, company number BE0423518232, closed financial year 2025 with a result of € 285,558 after tax. For that financial year VERMEULEN NOËL recorded a gross margin of € 1.2 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 152,263 to € 285,558. 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 March 31, 2026.
€ 3.4 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 285,558
▲ 88% vs 2024
Profit after tax over the fiscal year.
€ 60,800
▲ 21% 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 € 3.1 million.
People and assets in 2025
3.6
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 205,738
▲ 40% vs 2024
€ 57,100 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.
€ 36,230
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.7 million
▼ 7% vs 2024
€ 335,004 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 207,456
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,152
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 980,386 | € 992,533 | € 904,786 | € 1,196,845 | ▲ 32% |
| Profit after taxes | € 274,507 | € 215,425 | € 152,263 | € 285,558 | ▲ 88% |
| Equity | € 2,783,745 | € 2,999,170 | € 3,151,433 | € 3,436,991 | ▲ 9% |
| Total debts | € 7,183,076 | € 8,447,188 | € 7,629,292 | € 7,621,709 | |
| Cash | € 238,456 | € 45,799 | € 50,418 | € 60,800 | ▲ 21% |
| Land & buildings | € 2,197,636 | € 2,188,419 | € 2,179,592 | € 2,967,779 | ▲ 36% |
| Retained profit | € 2,411,745 | € 2,627,170 | € 2,779,433 | € 3,064,991 | ▲ 10% |
| Bank debt | € 5,755,081 | € 6,603,077 | € 5,031,073 | € 4,669,069 | ▼ 7% |
| Balance sheet total | € 9,969,971 | € 11,449,158 | € 10,783,176 | € 11,060,801 | ▲ 3% |
| Employees (FTE) | 2.2 | 2.1 | 2.4 | 3.6 | ▲ 1.2 |
Key figures of VERMEULEN NOËL, 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 May 2027.
What happened to VERMEULEN NOËL?
What happened at VERMEULEN NOËL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 285,558 (▲ 88% vs 2024). Source: NBB ↗
- Johan Vermeulen became a director. NBB
- New establishment in Moorslede. KBO
- Start of the company according to the CBE. KBO
In short
From € 274,507 profit in 2022 to € 285,558 profit in 2025.
Paid € 252,614 in corporate taxes since 2022.
Best year ever: 2025, with € 285,558 profit.
On average € 332,500 of value added per employee in 2025.
Management
Behind VERMEULEN NOËL is Johan Vermeulen. Johan Vermeulen is also behind VERMEULEN PLANT, PAVERDES, CODEMO and VERMEULEN TRANSPORT.
Directors
According to the 2025 annual accounts
since 2000
Establishments
Establishment units
Physical locations of this company
Roeselaarsestraat 242
8890 Moorslede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →VERMEULEN PLANT same network
€ 176,819 gross margin · 2026
PAVERDES same network
€ 287,017 gross margin · 2026
GEJOVER
JOVER
GECHRIVER
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.518.232
- VAT number
- BE 0423.518.232
- Registered office
- Roeselaarsestraat 242, 8890 Moorslede
- Names & denominations
- VERMEULEN NOËL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 1983
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Groenteteelt
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Gespecialiseerde detailhandel in bloemen en planten, zaden en kunstmeststoffen
Productie van elektriciteit uit niet-hernieuwbare bronnen
Niet-gespecialiseerde groothandel
Distributie van elektriciteit
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
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