Financials
Financial year 2025
VERVAEKE BELAVI from Tielt, company number BE0804592234, closed financial year 2025 with a result of € 4.9 million after tax. For that financial year VERVAEKE BELAVI recorded a gross margin of € 9.1 million and equity of € 12.5 million. Compared with financial year 2024, the result moved from € 3.3 million to € 4.9 million. 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 27, 2026.
€ 12.5 million
▲ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.9 million
▲ 49% vs 2024
Profit after tax over the fiscal year.
€ 681,627
▲ 85% 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 million.
People and assets in 2025
24.8
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 6% vs 2024
€ 75,800 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.
€ 508,339
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.1 million
€ 444,643 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 5.2 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.1 million
▲ 106% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 2,832,097 | € 6,797,131 | € 9,148,914 | ▲ 35% |
| Profit after taxes | € 317,771 | € 3,252,483 | € 4,854,477 | ▲ 49% |
| Equity | € 7,442,622 | € 7,695,105 | € 12,549,583 | ▲ 63% |
| Total debts | € 8,196,774 | € 9,423,120 | € 9,483,612 | ▲ 1% |
| Cash | € 483,819 | € 369,184 | € 681,627 | ▲ 85% |
| Land & buildings | € 1,606,861 | € 1,497,133 | € 1,401,498 | ▼ 6% |
| Retained profit | € 5,928,582 | € 6,181,065 | € 11,035,542 | ▲ 79% |
| Dividend | € 0 | € 3,000,000 | € 0 | ▼ 100% |
| Bank debt | € 3,473,025 | € 3,082,177 | € 3,097,044 | |
| Balance sheet total | € 15,639,396 | € 17,118,226 | € 22,033,194 | ▲ 29% |
| Employees (FTE) | 26.1 | 24.1 | 24.8 | ▲ 0.7 |
Key figures of VERVAEKE BELAVI, fiscal years 2023 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 BELAVI?
What happened at VERVAEKE BELAVI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.9 million (▲ 49% vs 2024). Source: NBB ↗
- Yellow Bird BV became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
- New establishment in Héron. KBO
In short
From € 317,771 profit in 2023 to € 4.9 million profit in 2025.
Paid € 2.9 million in corporate taxes since 2023.
Best year ever: 2025, with € 4.9 million profit.
On average € 368,900 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
The stake of Yellow Bird comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERVAEKE BELAVIBehind VERVAEKE BELAVI are DeVerSS VOF, Noldus Consultancy Services BV and Yellow Bird BV. The shares are held by Yellow Bird (100%).
Directors
According to the 2025 annual accounts
Director · represented by Steven Vervaeke
Also active at: L'OEUF D'OR, Yellow Bird, Vervaeke-Belavi
Noldus Consultancy Services BV
Director · represented by Guy Noldus
Director · represented by Jan Destrooper
Also active at: Pollo, BELGABROED, L'OEUF D'OR, GalluScent, HFHC, INCUBEL
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Kapellestraat 65
8700 Tielt
Rue du Chant du Coq 1
4217 Héron
Active since 1 January 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0804.592.234
- VAT number
- BE 0804.592.234
- Registered office
- Oude Kapellestraat 65, 8700 Tielt
- Names & denominations
- VERVAEKE BELAVI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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