Financials
Financial year 2025
VERONOVE GROUP from Ninove, company number BE0818974562, closed financial year 2025 with a result of € 145,750 after tax. For that financial year VERONOVE GROUP recorded a gross margin of € 1.3 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 174,374 to € 145,750. 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 August 26, 2026.
€ 3.2 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 145,750
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 473,055
▲ 228% 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 € 1.3 million.
People and assets in 2025
14.1
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 944,761
▲ 6% vs 2024
€ 67,000 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.
€ 259,386
▲ € 252,557 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 70,069
▲ 194% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 93,490
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,169,930 | € 1,182,565 | € 1,241,987 | € 1,276,466 | ▲ 3% |
| Profit after taxes | € 179,611 | € 229,247 | € 174,374 | € 145,750 | ▼ 16% |
| Equity | € 2,654,318 | € 2,883,566 | € 3,057,939 | € 3,203,690 | ▲ 5% |
| Total debts | € 229,021 | € 190,300 | € 237,387 | € 174,907 | ▼ 26% |
| Cash | € 107,634 | € 506,484 | € 144,232 | € 473,055 | ▲ 228% |
| Land & buildings | € 188,465 | € 151,321 | € 114,276 | € 82,410 | ▼ 28% |
| Retained profit | € 767,564 | € 996,811 | € 1,171,185 | € 1,316,935 | ▲ 12% |
| Bank debt | € 23,609 | € 8,651 | € 2,170 | € 0 | ▼ 100% |
| Balance sheet total | € 2,883,340 | € 3,073,866 | € 3,295,326 | € 3,378,597 | ▲ 3% |
| Employees (FTE) | 12 | 12 | 12 | 14.1 | ▲ 2.1 |
Key figures of VERONOVE GROUP, 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 VERONOVE GROUP?
What happened at VERONOVE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 145,750 (▼ 16% vs 2024). filed late Source: NBB ↗
- Andy Verhoonhove became a director. NBB
- New establishment in Ninove. KBO
- New establishment in Ninove. KBO
- New establishment in Ninove. KBO
- New establishment in Ninove. KBO
- New establishment in Ninove. KBO
- New establishment in Sint-Martens-Latem. KBO
In short
From € 179,611 profit in 2022 to € 145,750 profit in 2025.
Paid € 394,026 in corporate taxes since 2022.
Best year ever: 2023, with € 229,247 profit.
On average € 90,500 of value added per employee in 2025.
Management
The stake of DE NIEUWE TEGEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERONOVE GROUPBehind VERONOVE GROUP is Andy Verhoonhove. The shares are held by DE NIEUWE TEGEL (96.6%).
Directors
According to the 2025 annual accounts
since 2022
Shareholders
96.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 368
9402 Ninove
Xavier De Cocklaan 74
9831 Sint-Martens-Latem
Active since 1 January 2011
Brusselsesteenweg 366
9402 Ninove
Active since 30 May 2011
Leopoldlaan 111
9400 Ninove
Active since 30 May 2011
Pollarestraat 166
9400 Ninove
Active since 30 May 2011
Nederwijk 259
9400 Ninove
Active since 1 January 2019
Brusselsesteenweg 372
9402 Ninove
Active since 1 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0818.974.562
- VAT number
- BE 0818.974.562
- Registered office
- Brusselsesteenweg 368, 9402 Ninove
- Names & denominations
- VERONOVE GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2009
- Peppol
- Active · Active since 21 May 2025
- Activities · NACE
Groothandel in vloer- en wandtegels