Financials
Financial year 2025
VERSAVEL from Ieper, company number BE0464727196, closed financial year 2025 with a result of € 289,470 after tax. For that financial year VERSAVEL recorded a gross margin of € 1.2 million and equity of € 994,924. Compared with financial year 2024, the result moved from € 334,022 to € 289,470. 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, 2026.
€ 994,924
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 289,470
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 508,574
▲ 62% 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 € 987,319.
People and assets in 2025
17.2
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 650,082
▲ 11% vs 2024
€ 37,800 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.
€ 53,307
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 452,240
▼ 11% vs 2024
€ 51,251 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 288,994
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 117,553
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 581,224 | € 928,060 | € 1,114,317 | € 1,186,751 | ▲ 7% |
| Profit after taxes | € 74,972 | € 60,018 | € 334,022 | € 289,470 | ▼ 13% |
| Equity | € 511,415 | € 571,432 | € 705,454 | € 994,924 | ▲ 41% |
| Total debts | € 1,048,798 | € 1,087,506 | € 1,080,554 | € 925,129 | ▼ 14% |
| Cash | € 356,873 | € 473,614 | € 313,856 | € 508,574 | ▲ 62% |
| Land & buildings | € 508,759 | € 486,643 | € 488,591 | € 613,397 | ▲ 26% |
| Retained profit | € 503,809 | € 563,827 | € 697,849 | € 987,319 | ▲ 41% |
| Dividend | € 0 | € 0 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 487,476 | € 561,040 | € 506,986 | € 452,240 | ▼ 11% |
| Balance sheet total | € 1,560,212 | € 1,658,938 | € 1,786,008 | € 1,920,053 | ▲ 8% |
| Employees (FTE) | 8.7 | 13.1 | 14.2 | 17.2 | ▲ 3 |
Key figures of VERSAVEL, 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 VERSAVEL?
What happened at VERSAVEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 289,470 (▼ 13% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- T2M FINANCE BV became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 74,972 profit in 2022 to € 289,470 profit in 2025.
Paid € 183,701 in corporate taxes since 2022.
Best year ever: 2024, with € 334,022 profit.
On average € 69,000 of value added per employee in 2025.
Management
The stake of MASTER V MANAGEMENT, T2M FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERSAVELBehind VERSAVEL are T2M FINANCE BV, Master V Management BV and ReMaBake BV. The shares are held by MASTER V MANAGEMENT (25%) and T2M FINANCE (25%). It owns 100% of Versavel Poperinge itself.
Directors
According to the 2025 annual accounts
Director · represented by Marlies Versavel
since 2023
Director · represented by Marieke Versavel
Director · represented by Martin Versavel
Shareholders
25%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Meenseweg 221-223
8900 Ieper
Meenseweg 221
8900 Ieper
Active since 10 February 1999
Stationsstraat 7
8900 Ieper
Active since 4 August 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0464.727.196
- VAT number
- BE 0464.727.196
- Registered office
- Meenseweg 221-223, 8900 Ieper
- Names & denominations
- VERSAVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1998
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in brood-, banketbakkerswerk en suikerwerk
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)