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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TAPIBEL from Pelt, company number BE0437514441, closed financial year 2025 with a result of € 153,372 after tax. For that financial year TAPIBEL recorded revenue of € 14.7 million and equity of € 7.9 million. Compared with financial year 2024, the result moved from € 73,821 to € 153,372. 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 December 19, 2025.
€ 7.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,372
▲ 108% vs 2024
Profit after tax over the fiscal year.
€ 368,078
▼ 4% 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 € 4 million.
People and assets in 2025
37.6
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▼ 2% vs 2024
€ 57,000 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.
€ 125,050
▼ 52% vs 2024
Of which on lease € 103,417.
Debts at end 2025
€ 3.3 million
▼ 14% vs 2024
€ 383,292 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
€ 402,578
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,627,353 | € 16,179,467 | € 15,636,697 | € 14,743,715 | ▼ 6% |
| Profit after taxes | € 272,605 | € -24,302 | € 73,821 | € 153,372 | ▲ 108% |
| Equity | € 7,745,933 | € 7,721,630 | € 7,795,451 | € 7,948,824 | ▲ 2% |
| Total debts | € 7,929,144 | € 7,204,263 | € 7,072,734 | € 6,127,591 | ▼ 13% |
| Cash | € 597,201 | € 163,788 | € 382,624 | € 368,078 | ▼ 4% |
| Land & buildings | € 2,799,806 | € 2,575,195 | € 2,392,593 | € 2,171,586 | ▼ 9% |
| Retained profit | € 3,774,061 | € 3,749,759 | € 3,823,580 | € 3,976,952 | ▲ 4% |
| Bank debt | € 3,895,289 | € 4,137,592 | € 3,874,775 | € 3,325,854 | ▼ 14% |
| Balance sheet total | € 15,675,077 | € 14,925,893 | € 14,868,185 | € 14,076,414 | ▼ 5% |
| Employees (FTE) | 37.4 | 39.6 | 41.2 | 37.6 | ▼ 3.6 |
Key figures of TAPIBEL, 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 April 2027.
What happened to TAPIBEL?
What happened at TAPIBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Werner Verweyen stepped down as director. NBB
- Verweda NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 153,372 (▲ 108% vs 2024). Source: NBB ↗
- Werner Verweyen became a director. NBB
- Verweda NV became a director. NBB
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 272,605 profit in 2022 to € 153,372 profit in 2025.
Paid € 215,843 in corporate taxes since 2022.
Best year ever: 2022, with € 272,605 profit.
Pays suppliers within 63 days on average.
Management
The stake of VERWEDA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TAPIBELThe shares are held by VERWEDA (100%).
Directors
According to the 2025 annual accounts
Werner Verweyen
Managing director
since 2023 · until 2029
Director · represented by Paul Verweyen
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 4
3900 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
UPCLOUD, FI
Website info
Features
Security
Details
- Company number
- 0437.514.441
- VAT number
- BE 0437.514.441
- Registered office
- Industrielaan 4, 3900 Pelt
- Names & denominations
- TAPIBEL · TAPIBEL - TEXTILE COATING COMPANY - T.C.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 1989
- Peppol
- Active · Active since 15 Apr 2025
- Contact
- tapibel.be
- Activities · NACE
Vervaardiging van vloerkleden en tapijt
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