Financials
Financial year 2025
VANCOVEST from Deerlijk, company number BE0438000926, closed financial year 2025 with a result of € 377,238 after tax. For that financial year VANCOVEST recorded a gross margin of € 693,728 and equity of € 6 million. Compared with financial year 2024, the result moved from € 2.6 million to € 377,238. The company is profitable. 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 March 2, 2026.
€ 6 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 377,238
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 172,570
▲ € 133,723 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 € 6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 25,639
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 9% vs 2024
€ 180,257 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 4,989
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,105
▼ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 275,827 | € 438,637 | € 3,450,602 | € 693,728 | ▼ 80% |
| Profit after taxes | € 234,713 | € 192,849 | € 2,559,693 | € 377,238 | ▼ 85% |
| Equity | € 3,035,779 | € 3,078,628 | € 5,638,321 | € 6,015,559 | ▲ 7% |
| Total debts | € 312,141 | € 511,646 | € 2,121,800 | € 1,909,749 | ▼ 10% |
| Cash | € 564,542 | € 44,036 | € 38,847 | € 172,570 | ▲ € 133,723 |
| Land & buildings | € 614,109 | € 588,530 | € 5,361,166 | € 5,378,948 | |
| Retained profit | € 2,971,429 | € 3,014,278 | € 5,573,971 | € 5,951,209 | ▲ 7% |
| Dividend | € 0 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 1,873,861 | € 1,699,967 | ▼ 9% |
| Balance sheet total | € 3,347,920 | € 3,590,274 | € 8,486,473 | € 8,622,034 | ▲ 2% |
Key figures of VANCOVEST, 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 VANCOVEST?
What happened at VANCOVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Véronique VANHOO stepped down as director. NBB
- Ignace COUDRON stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 377,238 (▼ 85% vs 2024). Source: NBB ↗
- Véronique VANHOO became a director. NBB
- Ignace COUDRON became a director. NBB
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 234,713 profit in 2022 to € 377,238 profit in 2025.
Paid € 428,299 in corporate taxes since 2022.
Best year ever: 2024, with € 2.6 million profit.
Paid out € 150,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Ter Donkt 38
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0438.000.926
- VAT number
- BE 0438.000.926
- Registered office
- Ter Donkt 38, 8540 Deerlijk
- Names & denominations
- VANCOVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 1989
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen