Financials
Financial year 2025
VAN SEVEREN from Aalter, company number BE0442446989, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year VAN SEVEREN recorded revenue of € 27.8 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 408,238 to € 1.7 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 1, 2026.
€ 4.4 million
▲ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ € 1.3 million vs 2024
Profit after tax over the fiscal year.
€ 2.8 million
▲ € 2.4 million 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 € 4.1 million.
People and assets in 2025
52.9
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.4 million
▲ 30% vs 2024
€ 82,400 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.
€ 433,688
▼ 29% vs 2024
Of which on lease € 297,712.
Debts at end 2025
€ 778,625
▼ 25% vs 2024
€ 235,435 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.8 million
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 239,699
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,909,583 | € 15,647,772 | € 16,284,943 | € 27,810,443 | ▲ 71% |
| Profit after taxes | € 440,737 | € 1,219,709 | € 408,238 | € 1,662,200 | ▲ € 1.3 million |
| Equity | € 2,203,220 | € 3,422,928 | € 2,738,832 | € 4,401,032 | ▲ 61% |
| Total debts | € 3,462,859 | € 3,558,911 | € 3,247,357 | € 3,491,520 | ▲ 8% |
| Cash | € 58,807 | € 598,031 | € 415,675 | € 2,843,106 | ▲ € 2.4 million |
| Land & buildings | € 1,390,819 | € 1,342,855 | € 0 | - | |
| Retained profit | € 1,848,916 | € 3,068,624 | € 2,480,040 | € 4,142,240 | ▲ 67% |
| Dividend | € 200,000 | € 0 | € 665,000 | € 0 | ▼ 100% |
| Bank debt | € 906,450 | € 1,220,532 | € 1,043,901 | € 778,625 | ▼ 25% |
| Balance sheet total | € 5,852,349 | € 7,015,559 | € 6,006,188 | € 7,912,552 | ▲ 32% |
| Employees (FTE) | 60.4 | 56.1 | 53.3 | 52.9 | ▼ 0.4 |
Key figures of VAN SEVEREN, fiscal years 2021 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 VAN SEVEREN?
What happened at VAN SEVEREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WILLCO BV stepped down as director. NBB
- Peter Van Severen CommV stepped down as director. NBB
- Cristallo TopCo BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ € 1.3 million vs 2024). Source: NBB ↗
- WILLCO BV became a director. NBB
- Newten BV stepped down as director. NBB
- Peter Van Severen CommV became a director. NBB
- Cristallo TopCo BV became a director. NBB
In short
From € 440,737 profit in 2021 to € 1.7 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2021.
Best year ever: 2025, with € 1.7 million profit.
Paid out € 865,000 in dividends to the owners in total.
Management
The stake of Newten comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VAN SEVERENThe shares are held by Newten (100%).
Directors
According to the 2025 annual accounts
Director · represented by Wim Geens
Also active at: ELECTRO - VERBEKE, L.V.R. ELECTRONICS, VAN VOOREN, ELECTRO ZWIJSEN, INDUZZ3, BOVEMA INTERNATIONAL, FOST PLUS, LENAERTS +12 more
since 2025 · until 2031
Managing director · represented by Peter Van Severen
Also active at: IN-TEC GROUP, VS LOGISTIEK
since 2025 · until 2031
Director · represented by Ruben Monballieu
Also active at: ELECTRO - VERBEKE, L.V.R. ELECTRONICS, VAN VOOREN, ELECTRO ZWIJSEN, INDUZZ3, BOVEMA INTERNATIONAL, LENAERTS, SETEC +11 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Urselseweg 111 box A000
9910 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0442.446.989
- VAT number
- BE 0442.446.989
- Registered office
- Urselseweg 111 bus A000, 9910 Aalter
- Names & denominations
- VAN SEVEREN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1990
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vanseveren.be
- Activities · NACE
Overig loodgieterswerk
Sanitaire werkzaamheden
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Installatie van isolatie
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Isolatiewerkzaamheden
+2