What does VERCAEMST do?

VERCAEMST is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 16 March 2004, 2 establishments.

What is the address of VERCAEMST?

The registered office of VERCAEMST is located at Groendreef 2, 8400 Oostende.

Is VERCAEMST still active?

Yes. According to the CBE (29 October 2026) VERCAEMST is active, legal situation “Normale toestand”, started on 16 March 2004.

Is VERCAEMST registered on Peppol?

Yes, VERCAEMST is registered on the Peppol network with ID 0208:0864073624.

What is the enterprise number of VERCAEMST?

The enterprise number of VERCAEMST is BE0864073624.

When was VERCAEMST founded?

VERCAEMST was founded on 16 March 2004.

Who are the directors of VERCAEMST?

According to the 2025 annual accounts, the directors of VERCAEMST are: Inge Decuypere, Xavier Vercaemst.

Is VERCAEMST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 March 2004; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did VERCAEMST make in 2025?

VERCAEMST posted a profit after taxes of € 389,757 in financial year 2025.

What is the revenue of VERCAEMST?

As a small company, VERCAEMST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,036,416.

How much does an employee at VERCAEMST earn?

The average wage cost per full-time employee at VERCAEMST was € 32,600 in 2024: staff costs of € 32,557 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERCAEMST have?

According to the 2025 annual accounts, VERCAEMST has 0.9 full-time equivalents (FTE).

VERCAEMST (Private Limited) - Oostende - BE0864073624

Dossier VERCAEMST, printed on 29 October 2026 from databakkes.be/en/0864073624/vercaemst. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VERCAEMST from Oostende, company number BE0864073624, closed financial year 2025 with a result of € 389,757 after tax. For that financial year VERCAEMST recorded a gross margin of € 1 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 552,160 to € 389,757. 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 July 23, 2026.

What it is worth Growing

€ 5.6 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 389,757

▼ 29% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 161,389

▲ 113% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.2 million.

People and assets in 2025

Full-time equivalents

0.9

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 35,566

▲ 9% 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.

Vehicles and equipment

€ 123,969

▲ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 22 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 8.6 million

▲ 41% vs 2024

€ 393,272 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.

Owed to suppliers

€ 22,421

▼ 71% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 162,561

▲ 47% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 931,798 Gross margin 2022: € 931,798 First fiscal year in the series	€ 807,212 Gross margin 2023: € 807,212 ▼ 13% vs 2022 (€ 931,798) Unfavourable step	€ 1,033,979 Gross margin 2024: € 1,033,979 ▲ 28% vs 2023 (€ 807,212) Favourable step	€ 1,036,416 Gross margin 2025: € 1,036,416 Unchanged (€ 1,033,979) Favourable step
Profit after taxes	€ 425,351 Profit after taxes 2022: € 425,351 First fiscal year in the series	€ -72,271 Profit after taxes 2023: € -72,271 ▼ € 497,622 vs 2022 (€ 425,351) Unfavourable step	€ 552,160 Profit after taxes 2024: € 552,160 ▲ € 624,431 vs 2023 (€ -72,271) Favourable step	€ 389,757 Profit after taxes 2025: € 389,757 ▼ 29% vs 2024 (€ 552,160) Unfavourable step	▼ 29%
Equity	€ 4,715,539 Equity 2022: € 4,715,539 First fiscal year in the series	€ 4,643,267 Equity 2023: € 4,643,267 ▼ 2% vs 2022 (€ 4,715,539) Unfavourable step	€ 5,195,427 Equity 2024: € 5,195,427 ▲ 12% vs 2023 (€ 4,643,267) Favourable step	€ 5,585,184 Equity 2025: € 5,585,184 ▲ 8% vs 2024 (€ 5,195,427) Favourable step	▲ 8%
Total debts	€ 4,872,375 Total debts 2022: € 4,872,375 First fiscal year in the series	€ 6,636,827 Total debts 2023: € 6,636,827 ▲ 36% vs 2022 (€ 4,872,375) Unfavourable step	€ 6,748,014 Total debts 2024: € 6,748,014 ▲ 2% vs 2023 (€ 6,636,827) Unfavourable step	€ 9,270,692 Total debts 2025: € 9,270,692 ▲ 37% vs 2024 (€ 6,748,014) Unfavourable step	▲ 37%
Cash	€ 364,247 Cash 2022: € 364,247 First fiscal year in the series	€ 106,234 Cash 2023: € 106,234 ▼ 71% vs 2022 (€ 364,247) Unfavourable step	€ 75,814 Cash 2024: € 75,814 ▼ 29% vs 2023 (€ 106,234) Unfavourable step	€ 161,389 Cash 2025: € 161,389 ▲ 113% vs 2024 (€ 75,814) Favourable step	▲ 113%
Land & buildings	€ 3,546,322 Land & buildings 2022: € 3,546,322 First fiscal year in the series	€ 3,831,181 Land & buildings 2023: € 3,831,181 ▲ 8% vs 2022 (€ 3,546,322) Unchanged	€ 3,706,166 Land & buildings 2024: € 3,706,166 ▼ 3% vs 2023 (€ 3,831,181) Unchanged	€ 4,563,066 Land & buildings 2025: € 4,563,066 ▲ 23% vs 2024 (€ 3,706,166) Unchanged	▲ 23%
Retained profit	€ 1,368,039 Retained profit 2022: € 1,368,039 First fiscal year in the series	€ 1,295,767 Retained profit 2023: € 1,295,767 ▼ 5% vs 2022 (€ 1,368,039) Unfavourable step	€ 1,847,927 Retained profit 2024: € 1,847,927 ▲ 43% vs 2023 (€ 1,295,767) Favourable step	€ 2,237,684 Retained profit 2025: € 2,237,684 ▲ 21% vs 2024 (€ 1,847,927) Favourable step	▲ 21%
Bank debt	€ 2,880,750 Bank debt 2022: € 2,880,750 First fiscal year in the series	€ 5,988,712 Bank debt 2023: € 5,988,712 ▲ 108% vs 2022 (€ 2,880,750) Unfavourable step	€ 6,097,031 Bank debt 2024: € 6,097,031 ▲ 2% vs 2023 (€ 5,988,712) Unfavourable step	€ 8,606,884 Bank debt 2025: € 8,606,884 ▲ 41% vs 2024 (€ 6,097,031) Unfavourable step	▲ 41%
Balance sheet total	€ 9,587,914 Balance sheet total 2022: € 9,587,914 First fiscal year in the series	€ 11,280,094 Balance sheet total 2023: € 11,280,094 ▲ 18% vs 2022 (€ 9,587,914) Unchanged	€ 11,943,441 Balance sheet total 2024: € 11,943,441 ▲ 6% vs 2023 (€ 11,280,094) Unchanged	€ 14,855,876 Balance sheet total 2025: € 14,855,876 ▲ 24% vs 2024 (€ 11,943,441) Unchanged	▲ 24%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	0.9 Employees (FTE) 2025: 0.9 ▼ 0.1 vs 2024 (1) Unchanged	▼ 0.1

Key figures of VERCAEMST, 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 VERCAEMST?

What happened at VERCAEMST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 23, 2026 New annual accounts for financial year 2025: profit of € 389,757 (▼ 29% vs 2024). Source: NBB ↗
Dec 14, 2023 New establishment in Gent. KBO
2007 Inge Decuypere became a director. NBB
Mar 16, 2004 New establishment in Oostende. KBO
2004 Xavier Vercaemst became a director. NBB
Mar 16, 2004 Start of the company according to the CBE. KBO

In short

From € 425,351 profit in 2022 to € 389,757 profit in 2025.

Paid € 631,511 in corporate taxes since 2022.

Best year ever: 2024, with € 552,160 profit.

On average € 1 million of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Inge Decuypere

Xavier Vercaemst

VERCAEMST

Joliver NV 50%

Hotel Excelsior BV 50%

Andromeda Invest NV 33.3%

IPR Real Estate NV 33.3%

Behind VERCAEMST are Inge Decuypere and Xavier Vercaemst. It owns 50% of Joliver NV, 50% of Hotel Excelsior BV, 33.3% of Andromeda Invest NV, 33.3% of IPR Real Estate NV, 25% of Upstairs Oostende Patrimonium BV and 25% of Hotel Investment Fund NV itself.

Directors

According to the 2025 annual accounts

Inge Decuypere

Director

Also active at: Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, DECORATEUR JANSSEUNE, JOLIVER, FLOW HOSPITALITY GROUP, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE PATRIMONIUM +4 more

since 2007

Xavier Vercaemst

Director

Also active at: Andromeda Hotel, Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, DECORATEUR JANSSEUNE, JOLIVER, ACCENT Hotels, ANDROMEDA INVEST, WESTHELLING +16 more

since 2004

Establishments

Establishment units

Physical locations of this company

Registered office

Groendreef 2

8400 Oostende

2.361.636.927

Krommenelleboog 34

9000 Gent

Active since 14 December 2023

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 →

TAFELROND INVEST

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0864.073.624

VAT number

BE 0864.073.624

Registered office

Groendreef 2, 8400 Oostende

Names & denominations

VERCAEMST

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 March 2004

Peppol

Active · Active since 15 Nov 2025

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van hoofdkantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

VERCAEMST

Financials

What happened to VERCAEMST?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions