Financials
Financial year 2025
ERVEDE from Kortrijk, company number BE0448945989, closed financial year 2025 with a result of € 146,432 after tax. For that financial year ERVEDE recorded a gross margin of € 315,105 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € -781,298 to € 146,432. 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 December 9, 2025.
€ 3.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,432
▲ still € 781,298 loss in 2024
Profit after tax over the fiscal year.
€ 588,504
▲ € 528,960 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 82,788 paid out
57 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 69,384
▼ 37% 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.
€ 60,089
▲ € 51,763 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,685
▲ 142% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 332,932 | € 322,100 | € 327,948 | € 315,105 | ▼ 4% |
| Profit after taxes | € 705,596 | € 1,086,948 | € -781,298 | € 146,432 | ▲ € 927,730 |
| Equity | € 3,228,095 | € 4,268,382 | € 3,487,083 | € 3,550,727 | ▲ 2% |
| Total debts | € 1,197,660 | € 669,080 | € 423,110 | € 197,199 | ▼ 53% |
| Cash | € 861,543 | € 554,564 | € 59,543 | € 588,504 | ▲ € 528,960 |
| Land & buildings | € 935,846 | € 896,320 | € 837,619 | € 823,391 | ▼ 2% |
| Retained profit | € 3,158,095 | € 4,198,382 | € 3,417,083 | € 3,480,727 | ▲ 2% |
| Dividend | € 189,917 | € 46,662 | € 0 | € 82,788 | |
| Bank debt | € 52,500 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 4,425,756 | € 4,937,461 | € 3,910,194 | € 3,747,926 | ▼ 4% |
| Employees (FTE) | 4.2 | 4 | 0 | - |
Key figures of ERVEDE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ERVEDE?
What happened at ERVEDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alexander VANRAES stepped down as director. NBB
- Martine MAHEUX stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 146,432. Source: NBB ↗
- Alexander VANRAES became a director. NBB
- Martine MAHEUX became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 705,596 profit in 2022 to € 146,432 profit in 2025.
Paid € 312,082 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
On average € 80,500 of value added per employee in 2023.
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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
It owns 50% of VARAM ENERGIES and 24% of GRENSLAND POWER itself.
Directors
According to the 2025 annual accounts
Alexander VANRAES
Director
since 2023 · until 2028
Martine MAHEUX
Director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Diksmuidekaai(Kor) 4D box 2.1.
8500 Kortrijk
Diksmuidekaai(Kor) 4D box 21
8500 Kortrijk
Active since 11 January 1993
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
- 0448.945.989
- VAT number
- BE 0448.945.989
- Registered office
- Diksmuidekaai(Kor) 4D bus 2.1., 8500 Kortrijk
- Names & denominations
- ERVEDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1992
- Peppol
- Active · Active since 5 Sept 2025
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
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