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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 76.2 to 52.9.
Financials
Financial year 2025
VERANCO from Sint-Niklaas, company number BE0442826279, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year VERANCO recorded revenue of € 11.2 million and equity of € 948,798. Compared with financial year 2024, the result moved from € 549,034 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 948,798
▲ 167% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 99% vs 2024
Profit after tax over the fiscal year.
€ 417,044
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
46 % of the profit went to the shareholders, mostly to Cartagena de Indias (100 % of the shares). That is where the money ends up.
People and assets in 2025
52.9
▼ 7.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▼ 14% vs 2024
€ 58,500 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.
€ 119,199
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 867,455
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 353,734
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,062,438 | € 16,278,845 | € 12,378,285 | € 11,241,773 | ▼ 9% |
| Profit after taxes | € 836,006 | € 508,997 | € 549,034 | € 1,093,067 | ▲ 99% |
| Equity | € 1,194,617 | € 688,764 | € 355,731 | € 948,798 | ▲ 167% |
| Total debts | € 5,833,914 | € 4,717,359 | € 3,558,122 | € 2,470,197 | ▼ 31% |
| Cash | € 757,831 | € 718,112 | € 542,959 | € 417,044 | ▼ 23% |
| Retained profit | € 1,073,542 | € 582,539 | € 256,574 | € 849,641 | ▲ 231% |
| Dividend | € 1,272,827 | € 1,000,000 | € 875,000 | € 500,000 | ▼ 43% |
| Balance sheet total | € 8,401,982 | € 6,874,705 | € 5,379,963 | € 4,858,614 | ▼ 10% |
| Employees (FTE) | 72.3 | 76.2 | 60.6 | 52.9 | ▼ 7.7 |
Key figures of VERANCO, 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 VERANCO?
What happened at VERANCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 99% vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 836,006 profit in 2022 to € 1.1 million profit in 2025.
Paid € 848,124 in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
Paid out € 3.6 million in dividends to the owners in total.
A new publication or filing at VERANCO? 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
Management
The stake of Cartagena de Indias comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERANCOBehind VERANCO is Cartagena de Indias BV. The shares are held by Cartagena de Indias (100%).
Directors
According to the 2025 annual accounts
Director · represented by Nicolas Libbrecht
Also active at: VERANCOBEL, WERBROUCK ALU-PVC
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europark-Zuid 16
9100 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0442.826.279
- VAT number
- BE 0442.826.279
- Registered office
- Europark-Zuid 16, 9100 Sint-Niklaas
- Names & denominations
- VERANCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1990
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
Vervaardiging van metalen deuren en vensters
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Metaalschrijnwerk
Groothandel in overige bouwmaterialen
Groothandel in bouwmaterialen, algemeen assortiment
Schrijnwerk
Stukadoorswerk
Glaszetten
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