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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
VERANDALAND from Waregem, company number BE0450781863, closed financial year 2024 with a result of € 446,573 after tax. For that financial year VERANDALAND recorded a gross margin of € 1.9 million and equity of € 1.7 million. Compared with financial year 2023, the result moved from € 504,973 to € 446,573. 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 30, 2025.
€ 1.7 million
▲ 17% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 446,573
▼ 12% vs 2023
Profit after tax over the fiscal year.
€ 558,334
▲ 222% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
45 % of the profit went to the shareholders, mostly to ASTIBO (100 % of the shares). That is where the money ends up.
People and assets in 2024
17.5
▼ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
€ 67,700 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.
€ 506,476
▲ 57% vs 2023
Of which on lease € 435,625.
Debts at end 2024
€ 451,368
▲ 77% vs 2023
€ 99,166 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 80,231
▼ 56% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 109,052
▲ 21% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,408,046 | € 1,594,964 | € 2,110,521 | € 1,940,704 | ▼ 8% |
| Profit after taxes | € 149,591 | € 247,680 | € 504,973 | € 446,573 | ▼ 12% |
| Equity | € 691,243 | € 939,804 | € 1,444,778 | € 1,691,351 | ▲ 17% |
| Total debts | € 1,035,657 | € 830,152 | € 616,945 | € 842,806 | ▲ 37% |
| Cash | € 79,007 | € 230,836 | € 173,353 | € 558,334 | ▲ 222% |
| Land & buildings | € 187,115 | € 143,268 | € 425,070 | € 331,302 | ▼ 22% |
| Retained profit | € 412,363 | € 660,924 | € 1,165,897 | € 1,412,471 | ▲ 21% |
| Dividend | € 0 | € 0 | € 0 | € 200,000 | |
| Bank debt | € 535,948 | € 385,358 | € 255,618 | € 451,368 | ▲ 77% |
| Balance sheet total | € 1,726,900 | € 1,769,956 | € 2,061,722 | € 2,534,157 | ▲ 23% |
| Employees (FTE) | 17.8 | 18.5 | 18.4 | 17.5 | ▼ 0.9 |
Key figures of VERANDALAND, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VERANDALAND?
What happened at VERANDALAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 446,573 (▼ 12% vs 2023). Source: NBB ↗
- ASTIBO BV became a director. NBB
- Paul Verfaellie stepped down as director. NBB
- LENA stepped down as director. NBB
- Paul Verfaellie became a director. NBB
- LENA became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 149,591 profit in 2021 to € 446,573 profit in 2024.
Paid € 396,986 in corporate taxes since 2021.
Best year ever: 2023, with € 504,973 profit.
On average € 110,900 of value added per employee in 2024.
Management
The stake of ASTIBO, JASOV comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERANDALANDBehind VERANDALAND is ASTIBO BV. The shares are held by ASTIBO (100%) and JASOV (5%). It owns 99.9% of Veraland BV itself.
Directors
According to the 2024 annual accounts
Chairman of the board · represented by Stijn Debaecke
Also active at: VITRALUX, VITRA-METAL
since 2025
Paul Verfaellie
Director
Also active at: Jacques Remy et Fils, TERRA VERDE, VERDURA VERDE, FRUITPACKERS, JR LOGISTICS, Frescura, DE BOELPAEP-SEVERIJNS
since 2023 · until 2025
Managing director · represented by Vincent Leus
since 2023 · until 2025
Participations
99.9%
Establishments
Establishment units
Physical locations of this company
Anzegemseweg 8
8790 Waregem
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
- 0450.781.863
- VAT number
- BE 0450.781.863
- Registered office
- Anzegemseweg 8, 8790 Waregem
- Names & denominations
- VERANDALAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 1993
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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