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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERGUST from Ardooie, company number BE0425167232, closed financial year 2025 with a result of € 1,394 after tax. For that financial year VERGUST recorded a gross margin of € 53,663 and equity of € 313,674. Compared with financial year 2024, the result moved from € 11,392 to € 1,394. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 313,674
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,394
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 15,036
▲ 69% 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 € 251,674.
People and assets in 2025
€ 54,172
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 523,903
▲ € 481,174 vs 2024
€ 31,166 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 4,220
▲ € 3,607 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 235
▼ 94% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,245 | € 64,435 | € 57,766 | € 53,663 | ▼ 7% |
| Profit after taxes | € 10,898 | € 15,753 | € 11,392 | € 1,394 | ▼ 88% |
| Equity | € 285,135 | € 300,888 | € 312,280 | € 313,674 | |
| Total debts | € 59,005 | € 125,674 | € 110,794 | € 621,533 | ▲ € 510,739 |
| Cash | € 4,757 | € 7,471 | € 8,902 | € 15,036 | ▲ 69% |
| Land & buildings | € 324,879 | € 311,650 | € 327,804 | € 347,476 | ▲ 6% |
| Retained profit | € 223,135 | € 238,888 | € 250,280 | € 251,674 | ▲ 1% |
| Bank debt | € 5,990 | € 56,109 | € 42,728 | € 523,903 | ▲ € 481,174 |
| Balance sheet total | € 344,140 | € 426,562 | € 423,074 | € 935,207 | ▲ 121% |
Key figures of VERGUST, 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 VERGUST?
What happened at VERGUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,394 (▼ 88% vs 2024). Source: NBB ↗
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,898 profit in 2022 to € 1,394 profit in 2025.
Paid € 12,463 in corporate taxes since 2022.
Best year ever: 2023, with € 15,753 profit.
Management
Behind VERGUST are BEAU VERHAEGHE, DIRK VANDEVOORDE and JOOST VERHAEGHE. BEAU VERHAEGHE is also behind BMG INVEST and VERHAEGHE S.C.. JOOST VERHAEGHE is also behind DESCONTROL and VERHAEGHE S.C..
Directors
According to the 2025 annual accounts
DIRK VANDEVOORDE
Director
Establishments
Establishment units
Physical locations of this company
Steenstraat 44
8851 Ardooie
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.167.232
- VAT number
- BE 0425.167.232
- Registered office
- Steenstraat 44, 8851 Ardooie
- Names & denominations
- VERGUST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1983
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Kappers- en barbiersactiviteiten
Detailhandel in cosmetica en toiletartikelen
Algemene elektrotechnische installatiewerken
Bouw van autowegen en andere wegen
Sanitaire werkzaamheden
Kapsalons
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