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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERVAN & Co from Kortemark, company number BE0446580872, closed financial year 2025 with a result of € 12,658 after tax. For that financial year VERVAN & Co recorded a gross margin of € 256,436 and equity of € 489,411. Compared with financial year 2024, the result moved from € 63,406 to € 12,658. The company is profitable. 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 23, 2026.
€ 489,411
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,658
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 10,296
▼ 31% 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 € 370,811.
Debts at end 2025
€ 564,101
▼ 2% vs 2024
€ 139,027 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 41,321
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,552
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 127,185 | € 238,379 | € 270,839 | € 256,436 | ▼ 5% |
| Profit after taxes | € -37,693 | € 77,968 | € 63,406 | € 12,658 | ▼ 80% |
| Equity | € 335,379 | € 413,347 | € 476,753 | € 489,411 | ▲ 3% |
| Total debts | € 664,322 | € 716,409 | € 852,661 | € 895,462 | ▲ 5% |
| Cash | € 14,771 | € 1,785 | € 14,962 | € 10,296 | ▼ 31% |
| Land & buildings | € 550,322 | € 558,917 | € 495,261 | € 461,886 | ▼ 7% |
| Retained profit | € 216,779 | € 294,747 | € 358,153 | € 370,811 | ▲ 4% |
| Bank debt | € 474,858 | € 358,822 | € 573,283 | € 564,101 | ▼ 2% |
| Balance sheet total | € 999,702 | € 1,129,756 | € 1,329,414 | € 1,384,873 | ▲ 4% |
Key figures of VERVAN & Co, 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 VERVAN & Co?
What happened at VERVAN & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,658 (▼ 80% vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,693 loss in 2022 to € 12,658 profit in 2025.
Paid € 1,268 in corporate taxes since 2022.
Best year ever: 2023, with € 77,968 profit.
Management
Behind VERVAN & Co are STEFAAN VANDENBRANDE and SOFIE VERAVERBEKE.
Directors
According to the 2025 annual accounts
STEFAAN VANDENBRANDE
Administrator-manager
SOFIE VERAVERBEKE
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Bovekerkemolenstraat 6
8610 Kortemark
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
- 0446.580.872
- VAT number
- BE 0446.580.872
- Registered office
- Bovekerkemolenstraat 6, 8610 Kortemark
- Names & denominations
- VERVAN & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1992
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
Fokvarkenshouderijen
Fokvarkenshouderij
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken