Financials
Financial year 2025
AVASCO SUBCONTRACTING from Diksmuide, company number BE0637972562, closed financial year 2025 with a result of € 62,954 after tax. For that financial year AVASCO SUBCONTRACTING recorded a gross margin of € 1.6 million and equity of € 161,572. Compared with financial year 2024, the result moved from € 61,122 to € 62,954. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 161,572
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,954
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 143,185
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
79 % of the profit went to the shareholders, mostly to VERGALLE INVEST NV (99 % of the shares). That is where the money ends up.
People and assets in 2025
23.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 5% vs 2024
€ 65,600 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.
€ 775
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 120,000
Loans from banks and other lenders, long and short.
€ 68,592
▲ € 51,471 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 256,401
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,223,512 | € 1,315,382 | € 1,525,798 | € 1,607,674 | ▲ 5% |
| Profit after taxes | € 52,025 | € 70,650 | € 61,122 | € 62,954 | ▲ 3% |
| Equity | € 484,846 | € 87,496 | € 148,618 | € 161,572 | ▲ 9% |
| Total debts | € 292,398 | € 760,293 | € 286,907 | € 494,993 | ▲ 73% |
| Cash | € 278,964 | € 208,172 | € 105,439 | € 143,185 | ▲ 36% |
| Retained profit | € 422,346 | € 24,996 | € 86,118 | € 99,072 | ▲ 15% |
| Dividend | € 0 | € 468,000 | € 0 | € 50,000 | |
| Bank debt | € 0 | € 0 | € 0 | € 120,000 | |
| Balance sheet total | € 777,244 | € 847,789 | € 435,525 | € 656,565 | ▲ 51% |
| Employees (FTE) | 20.2 | 20.1 | 23.2 | 23.1 | ▼ 0.1 |
Key figures of AVASCO SUBCONTRACTING, 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 AVASCO SUBCONTRACTING?
What happened at AVASCO SUBCONTRACTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LV-CONSULTING BV stepped down as director. NBB
- JAVAHO BV stepped down as director. NBB
- VERGALLE INVEST NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 62,954 (▲ 3% vs 2024). Source: NBB ↗
- LV-CONSULTING BV became a director. NBB
- JAVAHO BV became a director. NBB
- VERGALLE INVEST NV became a director. NBB
- New establishment in Diksmuide. KBO
In short
From € 52,025 profit in 2022 to € 62,954 profit in 2025.
Paid € 105,425 in corporate taxes since 2022.
Best year ever: 2023, with € 70,650 profit.
On average € 69,600 of value added per employee in 2025.
Management
The shares are held by VERGALLE INVEST NV (99%) and Frank Vergalle (1%).
Directors
According to the 2025 annual accounts
Director · represented by Lieven Vergalle
Also active at: AVASCO INDUSTRIES, MIMMO, Vergalle, VERGALLE INVEST, AVASCO SHELVING, AVASCO SOLAR
since 2023 · until 2029
Managing director · represented by Jan Van Houtte
Also active at: STOKOTA, CAFMEYER, AVASCO INDUSTRIES, AVASCO SHELVING, AVASCO SOLAR
since 2023 · until 2029
Managing director · represented by Frank Vergalle
Owns 19.6% via VERGALLE INVEST NV
Also active at: STOKOTA, CAFMEYER, AVASCO INDUSTRIES, Vergalle, AVASCO SHELVING, AVASCO SOLAR, Steel Service Center Oudenaarde
since 2023 · until 2029
Shareholders
VERGALLE INVEST NV · holding of VERGALLE INVEST NV
99%
Frank Vergalle
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kleine Dries(D) 33
8600 Diksmuide
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
HETZNER-AS, DE
Website info
Features
Security
Network
Details
- Company number
- 0637.972.562
- VAT number
- BE 0637.972.562
- Registered office
- Kleine Dries(D) 33, 8600 Diksmuide
- Names & denominations
- AVASCO SUBCONTRACTING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2015
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- avasco.be
- Activities · NACE
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