Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VERMOESEN & Cie from Aalst, company number BE0833814770, closed financial year 2026 with a result of € 49,423 after tax. For that financial year VERMOESEN & Cie recorded a gross margin of € 102,399 and equity of € 663,139. Compared with financial year 2025, the result moved from € 83,656 to € 49,423. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 663,139
▼ 16% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,423
▼ 41% vs 2025
Profit after tax over the fiscal year.
€ 20,085
▼ 22% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 172,366 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 18,439
▼ 2% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 181,138
▲ 91% vs 2025
€ 34,310 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 462
▲ 189% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 15,716
▼ 56% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 88,435 | € 94,473 | € 90,598 | € 102,399 | ▲ 13% |
| Profit after taxes | € 74,811 | € 69,548 | € 83,656 | € 49,423 | ▼ 41% |
| Equity | € 676,570 | € 746,118 | € 786,082 | € 663,139 | ▼ 16% |
| Total debts | € 359,644 | € 322,879 | € 266,935 | € 318,612 | ▲ 19% |
| Cash | € 17,716 | € 13,564 | € 25,861 | € 20,085 | ▼ 22% |
| Land & buildings | € 33,607 | € 31,959 | € 30,260 | € 28,561 | ▼ 6% |
| Retained profit | € 657,970 | € 727,518 | € 767,482 | € 644,539 | ▼ 16% |
| Dividend | € 0 | € 0 | € 43,692 | € 172,366 | ▲ 295% |
| Bank debt | € 254,876 | € 175,094 | € 94,940 | € 181,138 | ▲ 91% |
| Balance sheet total | € 1,036,214 | € 1,068,997 | € 1,053,017 | € 981,752 | ▼ 7% |
Key figures of VERMOESEN & Cie, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to VERMOESEN & Cie?
What happened at VERMOESEN & Cie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 49,423 (▼ 41% vs 2025). Source: NBB ↗
- Ellen Troch became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Aalst. KBO
In short
From € 74,811 profit in 2023 to € 49,423 profit in 2026.
Paid € 120,349 in corporate taxes since 2023.
Best year ever: 2025, with € 83,656 profit.
Paid out € 216,058 in dividends to the owners in total.
Management
Behind VERMOESEN & Cie are Frederic Vermoesen and Ellen Troch. It owns 50% of Inbraakveilig Knokke and 50% of Inbraakveilig Gent itself.
Directors
According to the 2026 annual accounts
Ellen Troch
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Aartstraat 40
9310 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0833.814.770
- VAT number
- BE 0833.814.770
- Registered office
- Aartstraat 40, 9310 Aalst
- Names & denominations
- VERMOESEN & Cie
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2011
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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