Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERMEERSCH LOGISTICS from Kortemark, company number BE0476409263, closed financial year 2025 with a result of € -187,157 after tax. For that financial year VERMEERSCH LOGISTICS recorded revenue of € 2.1 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € -561,054 to € -187,157. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 3.7 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -187,157
▲ 67 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,669
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.7 million.
People and assets in 2025
8.9
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 487,725
▲ 17% vs 2024
€ 54,800 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.
€ 94,535
▲ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.1 million
Loans from banks and other lenders, long and short.
€ 135,929
▲ 143% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 75,237
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,808,211 | € 1,801,143 | € 1,702,409 | € 2,095,560 | ▲ 23% |
| Profit after taxes | € -552,028 | € -426,173 | € -561,054 | € -187,157 | ▲ € 373,897 |
| Equity | € 4,915,424 | € 4,489,251 | € 3,928,197 | € 3,741,040 | ▼ 5% |
| Total debts | € 10,646,786 | € 10,547,994 | € 10,774,936 | € 11,469,129 | ▲ 6% |
| Cash | € 2,330 | € 10,127 | € 2,368 | € 1,669 | ▼ 30% |
| Retained profit | € 4,853,924 | € 4,427,751 | € 3,866,697 | € 3,679,540 | ▼ 5% |
| Bank debt | € 10,110,594 | € 10,110,548 | € 10,110,548 | € 10,110,548 | |
| Balance sheet total | € 15,562,210 | € 15,037,245 | € 14,703,133 | € 15,210,169 | ▲ 3% |
| Employees (FTE) | 9.6 | 8.8 | 9.7 | 8.9 | ▼ 0.8 |
Key figures of VERMEERSCH LOGISTICS, 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 VERMEERSCH LOGISTICS?
What happened at VERMEERSCH LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BTX CONSULT BV stepped down as director. NBB
- LDB CONSULTING BV stepped down as director. NBB
- VNI INVEST BV stepped down as director. NBB
- MERVIN BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 187,157. Source: NBB ↗
- BTX CONSULT BV became a director. NBB
- LDB CONSULTING BV became a director. NBB
- VNI INVEST BV became a director. NBB
In short
From € 552,028 loss in 2022 to € 187,157 loss in 2025.
Pays suppliers within 58 days on average.
A new publication or filing at VERMEERSCH LOGISTICS? We notify you, reason included.
Follow VERMEERSCH LOGISTICSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 stake of IPCOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERMEERSCH LOGISTICSThe shares are held by IPCOM (100%). It owns 100% of Isobuild Kortemark NV and 100% of Isolteam NV itself.
Directors
According to the 2025 annual accounts
Managing director
Also active at: ISOBUILD KORTEMARK, Isolstar Holding, Green Leaf Topco, IPCOM, ISOLTEAM
since 2024 · until 2030
Director
Also active at: CAREMISO, TECHNICAS, INSULCON N.V., ISOBUILD KORTEMARK, ISOBUILD HOBOKEN, Isolstar Holding, Green Leaf Topco, Green Leaf Midco 1 +5 more
since 2023 · until 2029
Director
Also active at: ISOBUILD VERVIERS, TECHNICAS, ISOBUILD KORTEMARK, GRL Glass Recycling, GRL Logistics, ISOBUILD HOBOKEN, GRL HOLDING, ISOLTEAM
since 2023 · until 2028
Director
Also active at: ISOBUILD KORTEMARK, CASA BOUW HOLDING, Hexagon Invest, HEXAGON INVEST II, CASA HOLDING
since 2023 · until 2029
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Makeveldstraat 5 box A
8610 Kortemark
Makeveldstraat 5A
8610 Kortemark
Active since 18 February 2002
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
- 0476.409.263
- VAT number
- BE 0476.409.263
- Registered office
- Makeveldstraat 5 bus A, 8610 Kortemark
- Names & denominations
- VERMEERSCH LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2001
- Peppol
- Active · Active since 22 Jan 2026
- Activities · NACE
Goederenvervoer over de weg
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering