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 16 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 21.1 to 0.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VERVAECKE-NOLLET from Izegem, company number BE0426510780, closed financial year 2025 with a result of € 49,682 after tax. For that financial year VERVAECKE-NOLLET recorded a gross margin of € 54,723 and equity of € 1.2 million. Compared with financial year 2025, the result moved from € 206,742 to € 49,682. The company is profitable. The buffer shrank hard: equity is 66 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 1.2 million
▼ 66% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,682
▼ 76% vs 2025
Profit after tax over the fiscal year.
€ 194,556
▼ 60% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 2.3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
▼ 17.1 vs 2025
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,903
▼ 42% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 11,305
▼ 70% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,517,890 | € 1,416,479 | € 1,175,074 | € 54,723 | ▼ 95% |
| Profit after taxes | € 268,755 | € 171,132 | € 206,742 | € 49,682 | ▼ 76% |
| Equity | € 3,055,696 | € 3,226,828 | € 3,411,070 | € 1,160,752 | ▼ 66% |
| Total debts | € 503,514 | € 422,702 | € 83,760 | € 1,322,594 | ▲ € 1.2 million |
| Cash | € 387,465 | € 790,701 | € 483,472 | € 194,556 | ▼ 60% |
| Land & buildings | € 367,294 | € 370,594 | € 391,841 | € 398,370 | ▲ 2% |
| Retained profit | € 2,993,196 | € 3,164,328 | € 3,348,570 | € 1,098,252 | ▼ 67% |
| Dividend | € 75,000 | € 0 | € 22,500 | € 2,300,000 | ▲ € 2.3 million |
| Balance sheet total | € 3,559,210 | € 3,649,530 | € 3,494,830 | € 2,483,345 | ▼ 29% |
| Employees (FTE) | 21.6 | 21.1 | 17.1 | 0 | ▼ 17.1 |
Key figures of VERVAECKE-NOLLET, fiscal years 2023 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 VERVAECKE-NOLLET?
What happened at VERVAECKE-NOLLET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 206,742 (▲ 21% vs 2024). Source: NBB ↗
- Danny Vervaecke BV stepped down as director. NBB
- Diana Nollet stepped down as director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 268,755 profit in 2023 to € 49,682 profit in 2025.
Paid € 208,126 in corporate taxes since 2023.
Best year ever: 2023, with € 268,755 profit.
On average € 68,700 of value added per employee in 2025.
Management
The stake of DANNY VERVAECKE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERVAECKE-NOLLETThe shares are held by DANNY VERVAECKE (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Danny Vervaecke
· until 2026
Diana Nollet
Director
· until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Markt 18
8870 Izegem
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.
Details
- Company number
- 0426.510.780
- VAT number
- BE 0426.510.780
- Registered office
- Grote Markt 18, 8870 Izegem
- Names & denominations
- VERVAECKE-NOLLET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1984
- Peppol
- Not registered
- Activities · NACE
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