Financials
Financial year 2025
Vervaeke Fibers from Wielsbeke, company number BE0521832383, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year Vervaeke Fibers recorded a gross margin of € 1 million and equity of € 11.2 million. Compared with financial year 2024, the result moved from € 2.8 million to € 2.6 million. 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 6, 2026.
€ 11.2 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 75% 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 € 11.2 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 94,941
▼ 1% vs 2024
€ 94,900 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.
Debts at end 2025
€ 750,901
▼ 22% vs 2024
€ 214,419 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.3 million
▲ € 2.3 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 246,445
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 723,399 | € 791,793 | € 1,435,543 | € 1,038,861 | ▼ 28% |
| Profit after taxes | € 1,687,982 | € 2,070,181 | € 2,841,253 | € 2,588,920 | ▼ 9% |
| Equity | € 3,726,178 | € 5,796,359 | € 8,637,613 | € 11,226,533 | ▲ 30% |
| Total debts | € 2,065,049 | € 1,925,224 | € 1,561,433 | € 3,309,927 | ▲ 112% |
| Cash | € 1,428,220 | € 100,575 | € 790,547 | € 1,384,042 | ▲ 75% |
| Land & buildings | € 2,043,068 | € 1,947,162 | € 1,887,636 | € 1,831,357 | ▼ 3% |
| Retained profit | € 3,676,178 | € 5,746,359 | € 8,587,613 | € 11,176,533 | ▲ 30% |
| Bank debt | € 1,365,479 | € 1,163,848 | € 959,011 | € 750,901 | ▼ 22% |
| Balance sheet total | € 5,791,691 | € 7,721,757 | € 10,199,191 | € 14,536,460 | ▲ 43% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of Vervaeke Fibers, 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 Vervaeke Fibers?
What happened at Vervaeke Fibers in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.6 million (▼ 9% vs 2024). Source: NBB ↗
- The Circular Fiber Group BV became a director. NBB
- New establishment in Izegem. KBO
- New establishment in Kuurne. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2022 to € 2.6 million profit in 2025.
Paid € 802,124 in corporate taxes since 2022.
Best year ever: 2024, with € 2.8 million profit.
On average € 1 million of value added per employee in 2025.
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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 Vervaeke Fibers is The Circular Fiber Group BV. It owns 100% of Derotex NV and 100% of Spillebeen NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Emanuel Lagast
since 2026
Establishments
Establishment units
Physical locations of this company
Rijksweg 442 box 3
8710 Wielsbeke
Vogelheide 20
9052 Gent
Active since 6 March 2013
Kortrijksestraat 66
8520 Kuurne
Active since 1 January 2026
Abelestraat 10
8870 Izegem
Active since 1 February 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0521.832.383
- VAT number
- BE 0521.832.383
- Registered office
- Rijksweg 442 bus 3, 8710 Wielsbeke
- Names & denominations
- Vervaeke Fibers
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2013
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Bewerken en spinnen van textielvezels
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Handel in eigen onroerend goed
Holdings