Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8.5 to 5.
Financials
Financial year 2025
VEYS TABAK from Wervik, company number BE0425006389, closed financial year 2025 with a result of € 42,332 after tax. For that financial year VEYS TABAK recorded a gross margin of € 502,915 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € -258,184 to € 42,332. 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 April 30, 2026.
€ 3.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,332
▲ still € 258,184 loss in 2024
Profit after tax over the fiscal year.
€ 110,949
▼ 73% 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 € 3.6 million.
People and assets in 2025
5
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 251,732
▼ 18% vs 2024
€ 50,300 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.
€ 1,455
▼ 92% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.3 million
▲ € 2.3 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,092
▼ 57% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,283,210 | € 791,508 | € 433,128 | € 502,915 | ▲ 16% |
| Profit after taxes | € 444,142 | € -10,228 | € -258,184 | € 42,332 | ▲ € 300,516 |
| Equity | € 3,956,951 | € 3,946,723 | € 3,688,539 | € 3,730,871 | ▲ 1% |
| Total debts | € 3,523,311 | € 1,787,304 | € 1,870,631 | € 3,220,081 | ▲ 72% |
| Cash | € 2,610,101 | € 85,600 | € 403,959 | € 110,949 | ▼ 73% |
| Land & buildings | € 3,357,326 | € 3,178,744 | € 3,572,515 | € 3,364,823 | ▼ 6% |
| Retained profit | € 3,833,004 | € 3,822,776 | € 3,564,592 | € 3,606,924 | ▲ 1% |
| Dividend | € 2,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 40,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 7,480,261 | € 5,734,027 | € 5,559,170 | € 6,950,952 | ▲ 25% |
| Employees (FTE) | 8.5 | 8.5 | 6.2 | 5 | ▼ 1.2 |
Key figures of VEYS TABAK, 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 July 2027.
What happened to VEYS TABAK?
What happened at VEYS TABAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marianne Willaert stepped down as director. NBB
- Mac Alba BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 42,332. Source: NBB ↗
- Marianne Willaert became a director. NBB
- Mac Alba BV became a director. NBB
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 444,142 profit in 2022 to € 42,332 profit in 2025.
Paid € 44,497 in corporate taxes since 2022.
Best year ever: 2022, with € 444,142 profit.
On average € 100,600 of value added per employee in 2025.
Management
The stake of Mac Alba comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEYS TABAKThe shares are held by Mac Alba (99.8%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rapetstraat 110
8940 Wervik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Hosting & Email
Email provider
Self-hosted
Hosting
UPCLOUD, FI
Website info
Features
Security
Network
Details
- Company number
- 0425.006.389
- VAT number
- BE 0425.006.389
- Registered office
- Rapetstraat 110, 8940 Wervik
- Names & denominations
- VEYS TABAK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1983
- Peppol
- Active · Active since 9 Sept 2026
- Contact
- nationaaltabaksmuseum.be
- Activities · NACE
Behandeling van gewassen na de oogst en van zaden voor vermeerdering
Groothandel in tabaksproducten