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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE from Ichtegem, company number BE0436153867, closed financial year 2025 with a result of € 122,752 after tax. For that financial year FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE recorded a gross margin of € 393,869 and equity of € 677,891. Compared with financial year 2024, the result moved from € 13,522 to € 122,752. 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 January 29, 2026.
€ 677,891
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 122,752
▲ € 109,230 vs 2024
Profit after tax over the fiscal year.
€ 62,342
▼ 8% 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 € 502,591.
People and assets in 2025
2.8
Average over the fiscal year, from the social balance sheet.
€ 207,048
▲ 4% vs 2024
€ 73,900 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.
€ 1,099
▼ 30% 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.
€ 64,681
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,211
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 361,382 | € 75,122 | € 224,822 | € 393,869 | ▲ 75% |
| Profit after taxes | € 139,646 | € 3,535 | € 13,522 | € 122,752 | ▲ € 109,230 |
| Equity | € 708,582 | € 712,117 | € 555,139 | € 677,891 | ▲ 22% |
| Total debts | € 651,768 | € 516,846 | € 543,752 | € 501,793 | ▼ 8% |
| Cash | € 88,049 | € 98,959 | € 67,587 | € 62,342 | ▼ 8% |
| Land & buildings | € 37,627 | € 27,297 | € 19,112 | € 11,155 | ▼ 42% |
| Retained profit | € 533,282 | € 536,817 | € 379,839 | € 502,591 | ▲ 32% |
| Dividend | € 139,500 | € 0 | € 170,500 | € 0 | ▼ 100% |
| Bank debt | € 13,070 | € 1,008 | € 0 | € 0 | |
| Balance sheet total | € 1,402,850 | € 1,228,963 | € 1,098,891 | € 1,179,684 | ▲ 7% |
| Employees (FTE) | 2.2 | 2.8 | 2.8 | 2.8 |
Key figures of FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE?
What happened at FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gerard Degryse stepped down as director. NBB
- Rita Grillet stepped down as director. NBB
- Cotek BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 122,752 (▲ € 109,230 vs 2024). Source: NBB ↗
- Gerard Degryse became a director. NBB
- Rita Grillet became a director. NBB
- Cotek BV became a director. NBB
- New establishment in Ichtegem. KBO
In short
From € 139,646 profit in 2022 to € 122,752 profit in 2025.
Paid € 56,206 in corporate taxes since 2022.
Best year ever: 2022, with € 139,646 profit.
On average € 140,700 of value added per employee in 2025.
Management
The stake of COTEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSEThe shares are held by COTEK (99.8%).
Directors
According to the 2025 annual accounts
Gerard Degryse
Director
since 2023 · until 2029
Rita Grillet
Director
since 2023 · until 2029
Director · represented by Degryse RUBEN
since 2023 · until 2029
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Fabriekweg(EER) 42
8480 Ichtegem
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0436.153.867
- VAT number
- BE 0436.153.867
- Registered office
- Fabriekweg(EER) 42, 8480 Ichtegem
- Names & denominations
- FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE · DEGRYSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1988
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- degryseverf.be +32 59 299018
- Activities · NACE
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