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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Demuynck – Verrax from Ledegem, company number BE0479330943, closed financial year 2025 with a result of € 116,311 after tax. For that financial year Demuynck – Verrax recorded a gross margin of € 1.6 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -26,799 to € 116,311. Profitable, and profit is growing. 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 13, 2026.
€ 1.7 million
▲ € 1.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,311
▲ still € 26,799 loss in 2024
Profit after tax over the fiscal year.
€ 177,062
▲ € 166,064 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 98,420 paid out
85 % of the profit went to the shareholders, mostly to DE KOEPEL (100 % of the shares). That is where the money ends up.
People and assets in 2025
18.4
▲ 12.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 154% vs 2024
€ 68,900 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.
€ 85,060
▼ 32% vs 2024
Of which on lease € 59,499.
Debts at end 2025
€ 506,523
▲ € 465,773 vs 2024
€ 16,405 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 571,763
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 407,781
▲ 217% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 609,715 | € 593,911 | € 496,716 | € 1,618,586 | ▲ 226% |
| Profit after taxes | € 6,722 | € 6,115 | € -26,799 | € 116,311 | ▲ € 143,110 |
| Equity | € 404,391 | € 410,506 | € 383,707 | € 1,651,598 | ▲ € 1.3 million |
| Total debts | € 771,849 | € 665,877 | € 2,294,334 | € 1,626,257 | ▼ 29% |
| Cash | € 65,572 | € 118,266 | € 10,997 | € 177,062 | ▲ € 166,064 |
| Retained profit | € 49,391 | € 55,506 | € 28,707 | € 46,598 | ▲ 62% |
| Dividend | € 0 | € 0 | € 0 | € 98,420 | |
| Bank debt | € 23,502 | € 11,111 | € 40,750 | € 506,523 | ▲ € 465,773 |
| Balance sheet total | € 1,177,434 | € 1,076,383 | € 2,678,041 | € 3,277,855 | ▲ 22% |
| Employees (FTE) | 8.2 | 7.2 | 6.1 | 18.4 | ▲ 12.3 |
Key figures of Demuynck – Verrax, 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 Demuynck – Verrax?
What happened at Demuynck – Verrax in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,311. Source: NBB ↗
- New establishment in Sint-Pieters-Leeuw. KBO
- DEMUYNCK INVEST GROUP NV became a director. NBB
- DE KOEPEL BV stepped down as director. NBB
- DE KOEPEL BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ledegem. KBO
In short
From € 6,722 profit in 2022 to € 116,311 profit in 2025.
Paid € 4,838 in corporate taxes since 2022.
Best year ever: 2025, with € 116,311 profit.
On average € 88,000 of value added per employee in 2025.
Management
The stake of DE KOEPEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Demuynck – VerraxBehind Demuynck – Verrax is DEMUYNCK INVEST GROUP NV. The shares are held by DE KOEPEL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Geert Demuynck
since 2025
since 2019 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tuileboomstraat 17
8880 Ledegem
Bergensesteenweg 484
1600 Sint-Pieters-Leeuw
Active since 17 July 2025
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0479.330.943
- VAT number
- BE 0479.330.943
- Registered office
- Tuileboomstraat 17, 8880 Ledegem
- Names & denominations
- Demuynck – Verrax
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2003
- Peppol
- Active · Active since 1 Sept 2025
- Contact
- demuynck-verrax.be +32 56 50 25 31
- Activities · NACE
Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.
Groothandel in andere machines en werktuigen, neg
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Groothandel in vaat- en glaswerk
Groothandel in andere machines en werktuigen, n.e.g.
Detailhandel in verlichtingsartikelen
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Detailhandel in artikelen voor verlichting en woninginrichting
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