Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
S. VERMAST from Koksijde, company number BE0473608933, closed financial year 2025 with a result of € -3,136 after tax. For that financial year S. VERMAST recorded a gross margin of € 78,500 and equity of € 13,017. Compared with financial year 2024, the result moved from € 377 to € -3,136. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 13,017
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,136
▼ still € 377 profit in 2024
Profit after tax over the fiscal year.
€ 6,831
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -56,983.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,537
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 194,869
▼ 11% vs 2024
€ 18,065 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 52,453
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,636
▼ 37% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,550 | € 24,728 | € 50,022 | € 78,500 | ▲ 57% |
| Profit after taxes | € 20,076 | € -7,761 | € 377 | € -3,136 | ▼ € 3,513 |
| Equity | € 23,536 | € 15,775 | € 16,153 | € 13,017 | ▼ 19% |
| Total debts | € 424,691 | € 411,972 | € 367,074 | € 305,828 | ▼ 17% |
| Cash | € 8,394 | € 18,704 | € 6,793 | € 6,831 | ▲ 1% |
| Retained profit | € -46,464 | € -54,225 | € -53,847 | € -56,983 | ▼ € 3,136 |
| Dividend | € 1,600 | € 0 | € 0 | € 0 | |
| Bank debt | € 276,497 | € 240,370 | € 218,416 | € 194,869 | ▼ 11% |
| Balance sheet total | € 448,228 | € 427,747 | € 383,226 | € 318,845 | ▼ 17% |
Key figures of S. VERMAST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to S. VERMAST?
What happened at S. VERMAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,136 (▼ € 3,513 vs 2024). filed late Source: NBB ↗
- New establishment in Koksijde. KBO
- Sabine Blanckaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,076 profit in 2022 to € 3,136 loss in 2025.
Paid € 26,560 in corporate taxes since 2022.
Best year ever: 2022, with € 20,076 profit.
Paid out € 1,600 in dividends to the owners in total.
A new publication or filing at S. VERMAST? 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
Behind S. VERMAST is Sabine Blanckaert.
Directors
According to the 2025 annual accounts
Sabine Blanckaert
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Prinses Charlottestraat(Odk) 27
8670 Koksijde
Albert I Laan(Odk) 95
8670 Koksijde
Active since 19 March 2001
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
- 0473.608.933
- VAT number
- BE 0473.608.933
- Registered office
- Prinses Charlottestraat(Odk) 27, 8670 Koksijde
- Names & denominations
- S. VERMAST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2000
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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