Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 11.2 to 4.9.
Financials
Financial year 2025
Vermeg Belgium from Brussel, company number BE0456861783, closed financial year 2025 with a result of € 2 million after tax. For that financial year Vermeg Belgium recorded revenue of € 10.2 million and equity of € 12.2 million. Compared with financial year 2024, the result moved from € 2.1 million to € 2 million. 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 1, 2026.
€ 12.2 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 712,615
▲ 174% 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 € 7.2 million.
People and assets in 2025
4.9
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 899,979
▼ 7% vs 2024
€ 183,700 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.9 million
▲ 104% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 199 days on average.
€ 1.7 million
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,808,325 | € 12,013,096 | € 10,002,143 | € 10,240,148 | ▲ 2% |
| Profit after taxes | € 790,690 | € 1,814,943 | € 2,050,934 | € 1,994,295 | ▼ 3% |
| Equity | € 8,295,379 | € 10,110,322 | € 10,219,981 | € 12,214,276 | ▲ 20% |
| Total debts | € 6,443,401 | € 6,160,161 | € 8,344,509 | € 7,201,816 | ▼ 14% |
| Cash | € 818,471 | € 308,516 | € 259,956 | € 712,615 | ▲ 174% |
| Retained profit | € 3,325,335 | € 5,140,278 | € 5,249,937 | € 7,244,232 | ▲ 38% |
| Dividend | € 807,570 | € 0 | € 1,941,275 | € 0 | ▼ 100% |
| Bank debt | € 1,250,000 | € 1,250,000 | € 1,250,000 | € 0 | ▼ 100% |
| Balance sheet total | € 14,738,780 | € 16,270,483 | € 18,564,490 | € 19,416,093 | ▲ 5% |
| Employees (FTE) | 13.3 | 11.2 | 5.9 | 4.9 | ▼ 1 |
Key figures of Vermeg Belgium, 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 Vermeg Belgium?
What happened at Vermeg Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Badreddine OUALI stepped down as director. NBB
- Mousser JERBI stepped down as director. NBB
- Christian CURE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2 million (▼ 3% vs 2024). Source: NBB ↗
- Christian CURE became a director. NBB
- Badreddine OUALI became a director. NBB
- Mousser JERBI became a director. NBB
- New establishment in Sint-Joost-ten-Node. KBO
In short
From € 790,690 profit in 2022 to € 2 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.1 million profit.
Paid out € 2.7 million in dividends to the owners in total.
A new publication or filing at Vermeg Belgium? 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 shares are held by VERMEG GROUP BV (75.1%), VERMEG INTERNATIONAL SA (24.9%) and VERMEG LUXEMBOURG SA (0%).
Directors
According to the 2025 annual accounts
Badreddine OUALI
Chairman of the board
since 2021 · until 2027
since 2021 · until 2027
Christian CURE
Managing director
since 2024 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 6 box 9
1000 Brussel
Kunstlaan 6-9
1210 Sint-Joost-ten-Node
Active since 24 January 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0456.861.783
- VAT number
- BE 0456.861.783
- Registered office
- Kunstlaan 6 bus 9, 1000 Brussel
- Names & denominations
- Vermeg Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1995
- Peppol
- Active · Active since 20 Nov 2020
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