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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VEDRO from Namur, company number BE0430912701, closed financial year 2025 with a result of € -47,991 after tax. For that financial year VEDRO recorded a gross margin of € 501,455 and equity of € 354,235. Compared with financial year 2024, the result moved from € -26,536 to € -47,991. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 354,235
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,991
▼ 81 % more loss than in 2024
Profit after tax over the fiscal year.
€ 33,758
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 292,235.
People and assets in 2025
10.9
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 464,334
▲ 1% vs 2024
€ 42,600 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.
€ 48,235
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 113,918
▼ 34% vs 2024
€ 27,585 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 265,612
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,134
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 557,533 | € 583,524 | € 526,083 | € 501,455 | ▼ 5% |
| Profit after taxes | € 41,377 | € 3,730 | € -26,536 | € -47,991 | ▼ € 21,454 |
| Equity | € 425,031 | € 428,761 | € 402,225 | € 354,235 | ▼ 12% |
| Total debts | € 651,505 | € 758,178 | € 790,990 | € 705,712 | ▼ 11% |
| Cash | € 55,675 | € 132,409 | € 52,940 | € 33,758 | ▼ 36% |
| Retained profit | € 363,031 | € 366,761 | € 340,225 | € 292,235 | ▼ 14% |
| Bank debt | € 105,012 | € 219,613 | € 173,252 | € 113,918 | ▼ 34% |
| Balance sheet total | € 1,076,536 | € 1,186,939 | € 1,193,215 | € 1,059,946 | ▼ 11% |
| Employees (FTE) | 10.5 | 12 | 11.7 | 10.9 | ▼ 0.8 |
Key figures of VEDRO, 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 VEDRO?
What happened at VEDRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Caroline MARION stepped down as director. NBB
- ALGIA SA stepped down as director. NBB
- Ronald MARION stepped down as director. NBB
- MARRIDDIS SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 47,991. filed late Source: NBB ↗
- Caroline MARION became a director. NBB
- ALGIA SA became a director. NBB
- Ronald MARION became a director. NBB
In short
From € 41,377 profit in 2022 to € 47,991 loss in 2025.
Paid € 21,155 in corporate taxes since 2022.
Best year ever: 2022, with € 41,377 profit.
On average € 46,000 of value added per employee in 2025.
Management
The stake of ALGIA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEDROThe shares are held by ALGIA (58.7%). It owns 38.5% of MARRIDDIS itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Ronald MARION
Managing director
Also active at: UNIC SUMA, Association professionelle du Libre Service indépendant en Alimentation, ADALGI
since 2023 · until 2029
Director · represented by Ronald MARRION, Caroline MARRION
since 2023 · until 2029
Shareholders
58.7%
Participations
38.5%
Establishments
Establishment units
Physical locations of this company
Rue Gustave Guidet(VD) 16
5020 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.912.701
- VAT number
- BE 0430.912.701
- Registered office
- Rue Gustave Guidet(VD) 16, 5020 Namur
- Names & denominations
- VEDRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1987
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)