Financials
Financial year 2025
FRANK VEREECKE from Menen, company number BE0441820350, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year FRANK VEREECKE recorded a gross margin of € 2.8 million and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 184,319 to € 1.4 million. 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 July 22, 2026.
€ 7.3 million
▲ 124% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ € 1.2 million vs 2024
Profit after tax over the fiscal year.
€ 204,246
▼ 58% 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 € 4.5 million.
People and assets in 2025
14
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 882,517
▼ 4% vs 2024
€ 63,000 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.
€ 168,950
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,000
Loans from banks and other lenders, long and short.
€ 1.2 million
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 319,541
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,537,768 | € 2,078,985 | € 1,911,469 | € 2,819,255 | ▲ 47% |
| Profit after taxes | € 345,210 | € 674,264 | € 184,319 | € 1,408,487 | ▲ € 1.2 million |
| Equity | € 3,278,632 | € 3,952,897 | € 3,237,216 | € 7,255,842 | ▲ 124% |
| Total debts | € 1,108,116 | € 1,019,459 | € 2,750,341 | € 1,672,343 | ▼ 39% |
| Cash | € 315,520 | € 306,442 | € 491,264 | € 204,246 | ▼ 58% |
| Land & buildings | € 983,010 | € 896,768 | € 810,985 | € 3,354,432 | ▲ € 2.5 million |
| Retained profit | € 2,217,759 | € 2,892,024 | € 3,076,343 | € 4,484,830 | ▲ 46% |
| Bank debt | € 0 | € 0 | € 0 | € 100,000 | |
| Balance sheet total | € 4,389,947 | € 4,975,554 | € 5,990,755 | € 8,931,384 | ▲ 49% |
| Employees (FTE) | 13.8 | 13.7 | 14.3 | 14 | ▼ 0.3 |
Key figures of FRANK VEREECKE, 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 FRANK VEREECKE?
What happened at FRANK VEREECKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gilles Vereecke stepped down as director. NBB
- Vic Vereecke stepped down as director. NBB
- Frank Vereecke stepped down as director. NBB
- Millicent Demyttenaere stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ € 1.2 million vs 2024). Source: NBB ↗
- Gilles Vereecke became a director. NBB
- Vic Vereecke became a director. NBB
- Frank Vereecke became a director. NBB
In short
From € 345,210 profit in 2022 to € 1.4 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
On average € 201,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Gilles Vereecke
Director
since 2025 · until 2028
since 2025 · until 2028
Frank Vereecke
Managing director
since 2023 · until 2028
Millicent Demyttenaere
Director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Krommebeekstraat 9
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0441.820.350
- VAT number
- BE 0441.820.350
- Registered office
- Krommebeekstraat 9, 8930 Menen
- Names & denominations
- FRANK VEREECKE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 1990
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
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