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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VERLENCO from Lendelede, company number BE0450943397, closed financial year 2025 with a result of € -2,399 after tax. For that financial year VERLENCO recorded a gross margin of € 2,656 and equity of € 324,436. Compared with financial year 2024, the result moved from € -3,347 to € -2,399. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 324,436
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,399
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,458
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 262,436.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,653 | € 10,161 | € 1,961 | € 2,656 | ▲ 35% |
| Profit after taxes | € -4,225 | € 4,277 | € -3,347 | € -2,399 | ▲ € 948 |
| Equity | € 325,905 | € 330,182 | € 326,835 | € 324,436 | ▼ 1% |
| Total debts | € 65,016 | € 51,394 | € 46,961 | € 49,769 | ▲ 6% |
| Cash | € 9,283 | € 12,747 | € 6,048 | € 6,458 | ▲ 7% |
| Land & buildings | € 367,747 | € 367,747 | € 367,747 | € 367,747 | |
| Retained profit | € 263,905 | € 268,182 | € 264,835 | € 262,436 | ▼ 1% |
| Bank debt | € 11,419 | € 2,924 | € 0 | € 0 | |
| Balance sheet total | € 390,921 | € 381,576 | € 373,796 | € 374,205 |
Key figures of VERLENCO, 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 VERLENCO?
What happened at VERLENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martine Maes stepped down as director. NBB
- Pol Demuynck stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,399. Source: NBB ↗
- Martine Maes became a director. NBB
- Pol Demuynck became a director. NBB
- New establishment in Lendelede. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,225 loss in 2022 to € 2,399 loss in 2025.
Paid € 431 in corporate taxes since 2022.
Best year ever: 2023, with € 4,277 profit.
Management
Directors
According to the 2025 annual accounts
Martine Maes
Director
since 2023 · until 2030
Pol Demuynck
Director
since 2023 · until 2030
Establishments
Establishment units
Physical locations of this company
Heulsestraat 43
8860 Lendelede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.943.397
- VAT number
- BE 0450.943.397
- Registered office
- Heulsestraat 43, 8860 Lendelede
- Names & denominations
- VERLENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1993
- Peppol
- Not registered