Financials
Financial year 2025
VennTech from Waregem, company number BE0711902202, closed financial year 2025 with a result of € 1,332 after tax. For that financial year VennTech recorded a gross margin of € 82,433 and equity of € 483,904. Compared with financial year 2024, the result moved from € 167,337 to € 1,332. 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 January 19, 2026.
€ 483,904
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,332
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 106,590
▼ 66% 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 € 465,304.
People and assets in 2025
0.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 36,449
▼ 12% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,826
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 448,366
▼ 8% vs 2024
€ 38,313 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 12,313
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,934
▼ 82% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 157,840 | € 317,736 | € 330,510 | € 82,433 | ▼ 75% |
| Profit after taxes | € 73,780 | € 152,569 | € 167,337 | € 1,332 | ▼ 99% |
| Equity | € 162,665 | € 315,234 | € 482,572 | € 483,904 | |
| Total debts | € 723,025 | € 778,525 | € 600,525 | € 467,613 | ▼ 22% |
| Cash | € 88,163 | € 118,946 | € 315,862 | € 106,590 | ▼ 66% |
| Land & buildings | € 702,100 | € 686,596 | € 683,766 | € 667,879 | ▼ 2% |
| Retained profit | € 144,065 | € 296,634 | € 463,972 | € 465,304 | |
| Bank debt | € 581,957 | € 562,555 | € 486,109 | € 448,366 | ▼ 8% |
| Balance sheet total | € 885,690 | € 1,093,759 | € 1,083,096 | € 951,517 | ▼ 12% |
| Employees (FTE) | 1 | 1 | 1 | 0.9 | ▼ 0.1 |
Key figures of VennTech, 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 VennTech?
What happened at VennTech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,332 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Michel Van der Vennet became a director. NBB
In short
From € 73,780 profit in 2022 to € 1,332 profit in 2025.
Paid € 175,722 in corporate taxes since 2022.
Best year ever: 2024, with € 167,337 profit.
On average € 330,500 of value added per employee in 2024.
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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 VennTech is Michel Van der Vennet.
Directors
According to the 2025 annual accounts
Michel Van der Vennet
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Pijkstraat 32
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0711.902.202
- VAT number
- BE 0711.902.202
- Registered office
- Pijkstraat 32, 8790 Waregem
- Names & denominations
- VennTech
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2018
- Peppol
- Active · Active since 18 Mar 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.