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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERBAR from Menen, company number BE0867688259, closed financial year 2025 with a result of € 14,958 after tax. For that financial year VERBAR recorded a gross margin of € 112,868 and equity of € -294,308. Compared with financial year 2024, the result moved from € -11,867 to € 14,958. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ -294,308
▲ € 14,958 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,958
▲ still € 11,867 loss in 2024
Profit after tax over the fiscal year.
€ 29,245
▲ 164% 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 € -312,858.
Debts at end 2025
€ 588,856
▼ 11% vs 2024
€ 66,672 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 5,894
▲ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,876 | € 82,162 | € 75,371 | € 112,868 | ▲ 50% |
| Profit after taxes | € -18,855 | € -32,172 | € -11,867 | € 14,958 | ▲ € 26,825 |
| Equity | € -265,226 | € -297,398 | € -309,265 | € -294,308 | ▲ € 14,958 |
| Total debts | € 1,155,980 | € 1,093,407 | € 1,019,171 | € 962,258 | ▼ 6% |
| Cash | € 6,957 | € 11,045 | € 11,086 | € 29,245 | ▲ 164% |
| Land & buildings | € 827,868 | € 748,770 | € 673,889 | € 599,008 | ▼ 11% |
| Retained profit | € -283,776 | € -315,948 | € -327,815 | € -312,858 | ▲ € 14,958 |
| Bank debt | € 845,733 | € 754,061 | € 662,389 | € 588,856 | ▼ 11% |
| Balance sheet total | € 890,754 | € 796,009 | € 709,905 | € 667,950 | ▼ 6% |
Key figures of VERBAR, 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 January 2027.
What happened to VERBAR?
What happened at VERBAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,958. filed late Source: NBB ↗
- Jan VERSCHAEVE became a director. NBB
- New establishment in Menen. KBO
- Daniel VERSCHAEVE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,855 loss in 2022 to € 14,958 profit in 2025.
Best year ever: 2025, with € 14,958 profit.
Management
Behind VERBAR are Jan VERSCHAEVE and Daniel VERSCHAEVE. Jan VERSCHAEVE is also behind VERSCHAEVE - CONSTRUCT.
Directors
According to the 2025 annual accounts
since 2014
Daniel VERSCHAEVE
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Schonekeerstraat 115
8930 Menen
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
- 0867.688.259
- VAT number
- BE 0867.688.259
- Registered office
- Schonekeerstraat 115, 8930 Menen
- Names & denominations
- VERBAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 2004
- Peppol
- Active · Active since 6 Oct 2026
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed