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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERLINDEN from Ardooie, company number BE0436468326, closed financial year 2025 with a result of € 88,756 after tax. For that financial year VERLINDEN recorded a gross margin of € 1.3 million and equity of € 899,501. Compared with financial year 2024, the result moved from € 20,965 to € 88,756. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 899,501
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,756
▲ € 67,792 vs 2024
Profit after tax over the fiscal year.
€ 94,819
▲ 294% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,800 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
19.8
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 762,313
▲ 6% vs 2024
€ 38,500 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.
€ 12,848
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▼ 8% vs 2024
€ 286,613 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 229,523
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 141,474
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,443,898 | € 1,383,315 | € 1,178,995 | € 1,337,665 | ▲ 13% |
| Profit after taxes | € 81,364 | € 101,530 | € 20,965 | € 88,756 | ▲ € 67,792 |
| Equity | € 1,017,459 | € 993,128 | € 812,544 | € 899,501 | ▲ 11% |
| Total debts | € 2,819,255 | € 4,280,644 | € 4,117,160 | € 3,835,473 | ▼ 7% |
| Cash | € 65,122 | € 143,676 | € 24,086 | € 94,819 | ▲ 294% |
| Land & buildings | € 1,434,415 | € 2,710,997 | € 2,668,723 | € 2,627,739 | ▼ 2% |
| Retained profit | € 1,002,586 | € 978,254 | € 797,671 | € 884,627 | ▲ 11% |
| Dividend | € 0 | € 125,861 | € 201,548 | € 1,800 | ▼ 99% |
| Bank debt | € 1,792,155 | € 3,151,728 | € 2,958,858 | € 2,714,734 | ▼ 8% |
| Balance sheet total | € 3,836,714 | € 5,273,772 | € 4,929,705 | € 4,734,973 | ▼ 4% |
| Employees (FTE) | 25 | 21.6 | 19.6 | 19.8 | ▲ 0.2 |
Key figures of VERLINDEN, 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 November 2026.
What happened to VERLINDEN?
What happened at VERLINDEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 88,756 (▲ € 67,792 vs 2024). filed late Source: NBB ↗
- Joke Declerq became a director. NBB
- Roel Van Loo became a director. NBB
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,364 profit in 2022 to € 88,756 profit in 2025.
Paid € 90,395 in corporate taxes since 2022.
Best year ever: 2023, with € 101,530 profit.
On average € 67,600 of value added per employee in 2025.
Management
Behind VERLINDEN are Joke Declerq and Roel Van Loo. Roel Van Loo is also behind HANOU.
Directors
According to the 2025 annual accounts
Joke Declerq
Director
since 2013
since 2011
Establishments
Establishment units
Physical locations of this company
Watervalstraat 22 A
8850 Ardooie
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.468.326
- VAT number
- BE 0436.468.326
- Registered office
- Watervalstraat 22 A, 8850 Ardooie
- Names & denominations
- VERLINDEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 1989
- Peppol
- Active · Active since 5 Sept 2025
- Activities · NACE
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