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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERMEULEN DISTRIBUTION SERVICE from Yvoir, company number BE0439586677, closed financial year 2025 with a result of € -169,185 after tax. For that financial year VERMEULEN DISTRIBUTION SERVICE recorded a gross margin of € -2,151 and equity of € -157,826. Compared with financial year 2024, the result moved from € -81,532 to € -169,185. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ -157,826
▼ € 169,185 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -169,185
▼ 108 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,882
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -757,826.
People and assets in 2025
€ 58,176
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 195,540
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 88,512
▼ 9% vs 2024
€ 8,958 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 2,106
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,045
▲ € 4,018 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,994 | € 23,694 | € -51,887 | € -2,151 | ▲ € 49,735 |
| Profit after taxes | € 2,927 | € -278,910 | € -81,532 | € -169,185 | ▼ € 87,653 |
| Equity | € 371,801 | € 92,892 | € 11,359 | € -157,826 | ▼ € 169,185 |
| Total debts | € 220,808 | € 149,919 | € 907,070 | € 1,390,505 | ▲ 53% |
| Cash | € 284,117 | € 231,065 | € 13,269 | € 2,882 | ▼ 78% |
| Land & buildings | € 292,491 | - | € 597,398 | € 984,494 | ▲ 65% |
| Retained profit | € -228,199 | € -507,108 | € -588,641 | € -757,826 | ▼ € 169,185 |
| Bank debt | € 0 | € 0 | € 97,176 | € 88,512 | ▼ 9% |
| Balance sheet total | € 592,609 | € 242,810 | € 918,429 | € 1,232,678 | ▲ 34% |
Key figures of VERMEULEN DISTRIBUTION SERVICE, 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 VERMEULEN DISTRIBUTION SERVICE?
What happened at VERMEULEN DISTRIBUTION SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 169,185. Source: NBB ↗
- New establishment in Yvoir. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,927 profit in 2022 to € 169,185 loss in 2025.
Paid € 1,182 in corporate taxes since 2022.
Best year ever: 2022, with € 2,927 profit.
A new publication or filing at VERMEULEN DISTRIBUTION SERVICE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Rue Saint Alfred 2
5530 Yvoir
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.586.677
- VAT number
- BE 0439.586.677
- Registered office
- Rue Saint Alfred 2, 5530 Yvoir
- Names & denominations
- VERMEULEN DISTRIBUTION SERVICE · V.D.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1990
- Peppol
- Active · Active since 4 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Reparatie en onderhoud van machines
Verhuur en lease van landbouwmachines en -werktuigen