Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERMAN from Comines-Warneton, company number BE0478451213, closed financial year 2025 with a result of € -647,380 after tax. For that financial year VERMAN recorded a gross margin of € 396,331 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -136,041 to € -647,380. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 9, 2026.
€ -1.3 million
▼ € 647,380 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -647,380
▼ 376 % more loss than in 2024
Profit after tax over the fiscal year.
€ 74,172
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 16,433
▼ 8% vs 2024
Of which on lease € 8,597.
Debts at end 2025
€ 5.5 million
▼ 10% vs 2024
€ 414,042 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 125,332
▲ € 107,741 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,200
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 467,169 | € 355,713 | € 467,670 | € 396,331 | ▼ 15% |
| Profit after taxes | € 190,594 | € -145,468 | € -136,041 | € -647,380 | ▼ € 511,339 |
| Equity | € 3,348,336 | € 3,202,868 | € -680,673 | € -1,328,053 | ▼ € 647,380 |
| Total debts | € 7,899,046 | € 7,792,382 | € 7,901,384 | € 7,047,113 | ▼ 11% |
| Cash | € 495,869 | € 306,390 | € 252,856 | € 74,172 | ▼ 71% |
| Land & buildings | € 5,102,763 | € 4,966,028 | € 4,778,658 | € 4,553,011 | ▼ 5% |
| Retained profit | € -417,764 | € -563,232 | € -699,273 | € -1,346,653 | ▼ € 647,380 |
| Bank debt | € 6,244,733 | € 5,895,168 | € 6,083,378 | € 5,475,566 | ▼ 10% |
| Balance sheet total | € 11,251,520 | € 10,999,387 | € 7,224,848 | € 5,723,197 | ▼ 21% |
Key figures of VERMAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VERMAN?
What happened at VERMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 647,380. filed late Source: NBB ↗
- Christof Vermeersch became a director. NBB
- New establishment in Comines-Warneton. KBO
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 190,594 profit in 2022 to € 647,380 loss in 2025.
Paid € 3,179 in corporate taxes since 2022.
Best year ever: 2022, with € 190,594 profit.
Management
Behind VERMAN is Christof Vermeersch. It owns 45% of A HOLDING NV, 38% of HOME DISCOVERY and 27.5% of CALCUTTA HOME FASHION GROUP itself.
Directors
According to the 2025 annual accounts
Christof Vermeersch
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Ten-Brielensteenweg(KOM) 1
7780 Comines-Warneton
Oude Bruggestraat 50
8750 Wingene
Active since 3 December 2002
Kastelenlaan(KOM) 78
7780 Comines-Warneton
Active since 19 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0478.451.213
- VAT number
- BE 0478.451.213
- Registered office
- Ten-Brielensteenweg(KOM) 1, 7780 Comines-Warneton
- Names & denominations
- VERMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2002
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Managementactiviteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Holdings