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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VERVAELE from Wingene, company number BE0427035174, closed financial year 2025 with a result of € -13,647 after tax. For that financial year VERVAELE recorded a gross margin of € 198,049 and equity of € -13,634. Compared with financial year 2024, the result moved from € -16,400 to € -13,647. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -13,634
▼ € 13,647 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,647
▲ 17 % less loss than in 2024
Profit after tax over the fiscal year.
€ 94,273
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,134.
People and assets in 2025
2
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 119,711
▲ 54% vs 2024
€ 59,900 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.
Debts at end 2025
€ 75,000
Loans from banks and other lenders, long and short.
€ 61,493
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,554
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,413 | € 129,464 | € 94,654 | € 198,049 | ▲ 109% |
| Profit after taxes | € -52,118 | € 73,935 | € -16,400 | € -13,647 | ▲ € 2,753 |
| Equity | € -57,523 | € 16,412 | € 13 | € -13,634 | ▼ € 13,647 |
| Total debts | € 568,584 | € 502,135 | € 517,946 | € 550,837 | ▲ 6% |
| Cash | € 143,505 | € 131,090 | € 132,417 | € 94,273 | ▼ 29% |
| Retained profit | € -119,023 | € -45,088 | € -61,487 | € -75,134 | ▼ € 13,647 |
| Bank debt | € 108,138 | € 78,334 | € 75,000 | € 75,000 | |
| Balance sheet total | € 511,061 | € 518,547 | € 517,958 | € 537,202 | ▲ 4% |
| Employees (FTE) | 0 | 0 | 1.5 | 2 | ▲ 0.5 |
Key figures of VERVAELE, 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 VERVAELE?
What happened at VERVAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,647. filed late Source: NBB ↗
- New establishment in Wingene. KBO
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,118 loss in 2022 to € 13,647 loss in 2025.
Paid € 3,298 in corporate taxes since 2022.
Best year ever: 2023, with € 73,935 profit.
On average € 99,000 of value added per employee in 2025.
Management
Behind VERVAELE are Christine Vervaele, Marnix Vervaele and Marc Vervaele. Marnix Vervaele is also behind KOOPMANSHOEVE. Marc Vervaele is also behind NAMAR.
Directors
According to the 2025 annual accounts
Christine Vervaele
Director
Establishments
Establishment units
Physical locations of this company
Hille 9
8750 Wingene
Herreweg 5
8750 Wingene
Active since 1 January 2011
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
- 0427.035.174
- VAT number
- BE 0427.035.174
- Registered office
- Hille 9, 8750 Wingene
- Names & denominations
- VERVAELE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1985
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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