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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
V.E.H. from Ronse, company number BE0462924481, closed financial year 2025 with a result of € 39,079 after tax. For that financial year V.E.H. recorded a gross margin of € 318,840 and equity of € 79,196. Compared with financial year 2024, the result moved from € 4,494 to € 39,079. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 79,196
▲ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,079
▲ € 34,584 vs 2024
Profit after tax over the fiscal year.
€ 102,421
▲ 96% 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 € 60,604.
People and assets in 2025
€ 189,536
▼ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 71,083
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 468,028
▼ 22% vs 2024
€ 36,779 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 109,115
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,963
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 330,266 | € 280,023 | € 300,284 | € 318,840 | ▲ 6% |
| Profit after taxes | € 97 | € -118,475 | € 4,494 | € 39,079 | ▲ € 34,584 |
| Equity | € 154,098 | € 35,623 | € 40,117 | € 79,196 | ▲ 97% |
| Total debts | € 1,079,736 | € 1,054,788 | € 1,005,787 | € 917,116 | ▼ 9% |
| Cash | € 143,469 | € 37,462 | € 52,272 | € 102,421 | ▲ 96% |
| Land & buildings | € 379,920 | € 373,845 | € 366,610 | € 218,852 | ▼ 40% |
| Retained profit | € 135,506 | € 17,031 | € 21,525 | € 60,604 | ▲ 182% |
| Bank debt | € 669,666 | € 624,850 | € 601,399 | € 468,028 | ▼ 22% |
| Balance sheet total | € 1,233,834 | € 1,090,411 | € 1,045,905 | € 996,312 | ▼ 5% |
Key figures of V.E.H., 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 V.E.H.?
What happened at V.E.H. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,079 (▲ € 34,584 vs 2024). Source: NBB ↗
- Joachim Vermeiren became a director. NBB
- Simon Vermeiren became a director. NBB
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 97 profit in 2022 to € 39,079 profit in 2025.
Paid € 5,211 in corporate taxes since 2022.
Best year ever: 2025, with € 39,079 profit.
Management
Behind V.E.H. are Joachim Vermeiren and Simon Vermeiren. Simon Vermeiren is also behind TRANSPORT VERMEIREN.
Directors
According to the 2025 annual accounts
Joachim Vermeiren
Director
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Nieuwe Pontstraat 2
9600 Ronse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0462.924.481
- VAT number
- BE 0462.924.481
- Registered office
- Nieuwe Pontstraat 2, 9600 Ronse
- Names & denominations
- V.E.H.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1998
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- veh.be
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