Financials
Financial year 2025
Vermako Cover Solutions from Tielt, company number BE0811799433, closed financial year 2025 with a result of € 107,628 after tax. For that financial year Vermako Cover Solutions recorded a gross margin of € 1.3 million and equity of € 593,060. Compared with financial year 2024, the result moved from € 588,772 to € 107,628. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 593,060
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,628
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 843,213
▲ € 730,754 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 105,000 paid out
98 % of the profit went to the shareholders, mostly to MAEVENIR (100 % of the shares). That is where the money ends up.
People and assets in 2025
19
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 5% vs 2024
€ 58,800 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.
€ 129,770
▲ 54% vs 2024
Of which on lease € 79,930.
Debts at end 2025
€ 77,811
€ 18,214 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 854,683
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 123,297
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 4,401,646 | - | |
| Gross margin | € 853,603 | € 1,763,706 | - | € 1,338,694 | |
| Profit after taxes | € 33,023 | € 464,095 | € 588,772 | € 107,628 | ▼ 82% |
| Equity | € 112,566 | € 576,660 | € 590,432 | € 593,060 | |
| Total debts | € 944,694 | € 387,698 | € 1,337,351 | € 1,427,583 | ▲ 7% |
| Cash | € 474,875 | € 184,568 | € 112,459 | € 843,213 | ▲ € 730,754 |
| Land & buildings | € 45,647 | € 37,916 | € 31,732 | € 25,385 | ▼ 20% |
| Retained profit | € 93,966 | € 558,060 | € 571,832 | € 574,460 | |
| Dividend | € 0 | € 0 | € 575,000 | € 105,000 | ▼ 82% |
| Bank debt | € 9,582 | € 0 | € 0 | € 77,811 | |
| Balance sheet total | € 1,057,260 | € 964,359 | € 1,927,783 | € 2,020,642 | ▲ 5% |
| Employees (FTE) | 13.8 | 14.9 | 19 | 19 |
Key figures of Vermako Cover Solutions, 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 April 2027.
What happened to Vermako Cover Solutions?
What happened at Vermako Cover Solutions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 107,628 (▼ 82% vs 2024). Source: NBB ↗
- MAEVENIR BV became a director. NBB
- Kim Maes became a director. NBB
- Jacques Maes became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,023 profit in 2022 to € 107,628 profit in 2025.
Paid € 418,700 in corporate taxes since 2022.
Best year ever: 2024, with € 588,772 profit.
On average € 70,500 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 MAEVENIR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vermako Cover SolutionsBehind Vermako Cover Solutions are Jacques Maes, Kim Maes and MAEVENIR BV. The shares are held by MAEVENIR (100%).
Directors
According to the 2025 annual accounts
since 2020
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Careelstraat 11
8700 Tielt
Careelstraat 11B
8700 Tielt
Active since 12 June 2009
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
- 0811.799.433
- VAT number
- BE 0811.799.433
- Registered office
- Careelstraat 11, 8700 Tielt
- Names & denominations
- Vermako Cover Solutions · VCS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2009
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Uitvaartverzorging
Onderhoud en reparatie van motorvoertuigen, neg
Onderhoud en reparatie van motorvoertuigen, n.e.g.