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 2 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 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vereenooghe SEW from Ledegem, company number BE0442615651, closed financial year 2025 with a result of € -68,317 after tax. For that financial year Vereenooghe SEW recorded a gross margin of € 82,501 and equity of € -165,760. Compared with financial year 2024, the result moved from € -149,920 to € -68,317. 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 July 16, 2026.
€ -165,760
▼ € 68,317 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,317
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,316
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -227,260.
People and assets in 2025
2
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 144,263
▼ 19% vs 2024
€ 72,100 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.
€ 4,022
▲ 299% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,520
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 200,672
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,783
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 111,578 | € 129,982 | € 46,928 | € 82,501 | ▲ 76% |
| Profit after taxes | € -3,758 | € -30,631 | € -149,920 | € -68,317 | ▲ € 81,603 |
| Equity | € 83,109 | € 52,477 | € -97,443 | € -165,760 | ▼ € 68,317 |
| Total debts | € 475,817 | € 571,523 | € 557,176 | € 592,321 | ▲ 6% |
| Cash | € 60,034 | € 54,253 | € 9,052 | € 7,316 | ▼ 19% |
| Land & buildings | € 34,672 | € 26,450 | € 18,227 | € 12,474 | ▼ 32% |
| Retained profit | € 21,609 | € -9,023 | € -158,943 | € -227,260 | ▼ € 68,317 |
| Bank debt | € 10,843 | € 1,718 | € 6,166 | € 6,520 | ▲ 6% |
| Balance sheet total | € 558,926 | € 624,000 | € 459,733 | € 426,561 | ▼ 7% |
| Employees (FTE) | 2.1 | 2.5 | 2.7 | 2 | ▼ 0.7 |
Key figures of Vereenooghe SEW, 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 Vereenooghe SEW?
What happened at Vereenooghe SEW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MATEL CONSULT & CONSTRUCT BV stepped down as director. NBB
- Caroline Vereenooghe stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 68,317. Source: NBB ↗
- MATEL CONSULT & CONSTRUCT BV became a director. NBB
- Caroline Vereenooghe became a director. NBB
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,758 loss in 2022 to € 68,317 loss in 2025.
Paid € 2,463 in corporate taxes since 2022.
On average € 41,300 of value added per employee in 2025.
Management
The stake of Matel Consult & Construct comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vereenooghe SEWBehind Vereenooghe SEW is Yves Van Cauwenberghe. The shares are held by Matel Consult & Construct (99.9%).
Directors
According to the 2025 annual accounts
Yves Van Cauwenberghe
Director
Also active at: VEREENOOGHE HGL, VEREENOOGHE LDL, Matel Consult & Construct
since 2024 · until 2030
Director · represented by Van Cauwenberghe Yves
Also active at: VEREENOOGHE HGL, VEREENOOGHE OST, VEREENOOGHE LDL
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Hubrechtsplein 1
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.615.651
- VAT number
- BE 0442.615.651
- Registered office
- Sint-Hubrechtsplein 1, 8880 Ledegem
- Names & denominations
- Vereenooghe SEW
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1990
- Peppol
- Active · Active since 29 Aug 2023
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers