Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT from Menen, company number BE0832074710, closed financial year 2025 with a result of € 695,224 after tax. For that financial year VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT recorded a gross margin of € 741,143 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 529,920 to € 695,224. 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 February 26, 2026.
€ 3.9 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 695,224
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 114,383
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 306,867 paid out
44 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 85,746
▲ 4% 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.
€ 18,855
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▲ € 2.2 million vs 2024
€ 260,296 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3,291
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,068
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 675,184 | € 555,313 | € 641,781 | € 741,143 | ▲ 15% |
| Profit after taxes | € 303,455 | € 486,215 | € 529,920 | € 695,224 | ▲ 31% |
| Equity | € 2,524,048 | € 3,010,263 | € 3,540,183 | € 3,928,540 | ▲ 11% |
| Total debts | € 253,737 | € 249,237 | € 147,201 | € 2,544,411 | ▲ € 2.4 million |
| Cash | € 763,090 | € 648,597 | € 132,642 | € 114,383 | ▼ 14% |
| Retained profit | € 2,504,048 | € 2,990,263 | € 3,520,183 | € 3,908,540 | ▲ 11% |
| Dividend | € 0 | € 0 | € 0 | € 306,867 | |
| Bank debt | € 0 | € 32,595 | € 22,907 | € 2,200,420 | ▲ € 2.2 million |
| Balance sheet total | € 2,777,785 | € 3,259,500 | € 3,687,384 | € 6,472,951 | ▲ 76% |
| Employees (FTE) | 1.8 | 0.8 | 0.8 | 0.8 |
Key figures of VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT, 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 VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT?
What happened at VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 695,224 (▲ 31% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 303,455 profit in 2022 to € 695,224 profit in 2025.
Paid € 298,074 in corporate taxes since 2022.
Best year ever: 2025, with € 695,224 profit.
On average € 375,100 of value added per employee in 2022.
A new publication or filing at VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT? We notify you, reason included.
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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 VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT are Laurens Vermeulen and Chris Vermeulen. It owns 75% of Schreuder & Co B.V. itself.
Directors
According to the 2025 annual accounts
Laurens Vermeulen
Director
Establishments
Establishment units
Physical locations of this company
Weggevoerdenlaan 16
8930 Menen
Generaal Deprezstraat 2B
8530 Harelbeke
Active since 1 February 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0832.074.710
- VAT number
- BE 0832.074.710
- Registered office
- Weggevoerdenlaan 16, 8930 Menen
- Names & denominations
- VERMEULEN RESEARCH DEVELOPMENT, DESIGN AND INVESTMENT · VERRDDI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2010
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
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