Financials
Financial year 2025
Vervaeke-Belavi from Tielt, company number BE0806726828, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year Vervaeke-Belavi recorded a gross margin of € 1.4 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.4 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 17, 2026.
€ 1.9 million
▲ 268% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 128
▼ 86% 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 € 1.8 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,433
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91,850
▲ 43% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,153,788 | € 875,640 | € 1,212,113 | € 1,435,001 | ▲ 18% |
| Profit after taxes | € 1,803,415 | € 817,427 | € 1,225,199 | € 1,392,469 | ▲ 14% |
| Equity | € 8,946,001 | € 1,093,638 | € 518,838 | € 1,911,306 | ▲ 268% |
| Total debts | € 7,590,176 | € 235,152 | € 301,124 | € 93,284 | ▼ 69% |
| Cash | € 1,489,817 | € 62,439 | € 950 | € 128 | ▼ 86% |
| Land & buildings | € 1,632,606 | - | - | - | |
| Retained profit | € 7,046,001 | € 1,032,138 | € 457,338 | € 1,849,806 | ▲ € 1.4 million |
| Dividend | € 0 | € 0 | € 1,800,000 | € 0 | ▼ 100% |
| Bank debt | € 3,931,618 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 16,536,177 | € 1,328,790 | € 819,962 | € 2,004,590 | ▲ 144% |
| Employees (FTE) | 21.5 | - | - | - |
Key figures of Vervaeke-Belavi, 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-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 € 1.4 million (▲ 14% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.8 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 351,701 in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
On average € 193,200 of value added per employee in 2022.
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 Daniel Van Kesteren and Steven Vervaeke. The shares are held by Yellow Bird (100%).
Directors
According to the 2025 annual accounts
Steven Vervaeke
Director
Also active at: BELGABROED, L'OEUF D'OR, GalluScent, HFHC, Yellow Bird, VERVAEKE BELAVI, IMMO INCUBO, INCUBEL
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Kapellestraat 65
8700 Tielt
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
- 0806.726.828
- VAT number
- BE 0806.726.828
- 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
- 30 September 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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