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 13 % of short-term debt in 2025; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
VERSLUYS INVEST from Oostende, company number BE0869826417, closed financial year 2025 with a result of € 6.8 million after tax. For that financial year VERSLUYS INVEST recorded revenue of € 1.4 million and equity of € 123.2 million. Compared with financial year 2024, the result moved from € 128.5 million to € 6.8 million. 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 October 6, 2026.
€ 123.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.8 million
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 458,561
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
89 % of the profit went to the shareholders, mostly to ARE² (50 % of the shares). That is where the money ends up.
People and assets in 2025
5.8
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 480,057
▼ 21% vs 2024
€ 82,800 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.
Debts at end 2025
€ 20.1 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 835,073
▲ 125% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 141 days on average.
€ 136,063
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,056,000 | € 1,056,730 | € 1,054,000 | € 1,398,870 | ▲ 33% |
| Profit after taxes | € 10,557,529 | € 4,803,288 | € 128,452,666 | € 6,776,208 | ▼ 95% |
| Equity | € 34,208,284 | € 31,511,571 | € 122,464,237 | € 123,240,445 | ▲ 1% |
| Total debts | € 78,798,021 | € 98,982,519 | € 116,920,621 | € 122,882,606 | ▲ 5% |
| Cash | € 168,468 | € 126,934 | € 1,384,771 | € 458,561 | ▼ 67% |
| Retained profit | € 7,608,284 | € 4,911,571 | € 95,864,237 | € 96,640,445 | ▲ 1% |
| Dividend | € 7,500,000 | € 7,500,000 | € 37,500,000 | € 6,000,000 | ▼ 84% |
| Bank debt | € 18,609,459 | € 19,085,790 | € 19,578,793 | € 20,089,051 | ▲ 3% |
| Balance sheet total | € 113,006,304 | € 130,494,091 | € 239,384,859 | € 246,123,051 | ▲ 3% |
| Employees (FTE) | 7 | 7 | 7 | 5.8 | ▼ 1.2 |
Key figures of VERSLUYS INVEST, 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 VERSLUYS INVEST?
What happened at VERSLUYS INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bever Consulting BV stepped down as director. NBB
- Alychlo NV stepped down as director. NBB
- Scorpiaux BV stepped down as director. NBB
- Quetzal PD BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.8 million (▼ 95% vs 2024). filed late Source: NBB ↗
- Bever Consulting BV became a director. NBB
- Alychlo NV became a director. NBB
- Scorpiaux BV became a director. NBB
In short
From € 10.6 million profit in 2022 to € 6.8 million profit in 2025.
Paid € 4,527 in corporate taxes since 2022.
Best year ever: 2024, with € 128.5 million profit.
Paid out € 58.5 million in dividends to the owners in total.
Management
The stake of ARE², SCORPIAUX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERSLUYS INVESTThe shares are held by ARE² (50%) and SCORPIAUX (50%). It owns 100% of Bouwbedrijf Versluys NV, 100% of Versluys Real Estate NV, 100% of Versluys Retail NV, 100% of Versluys Logistics NV, 100% of Versluys International and 100% of Versluys Bouwgroep NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Els Degroote
Also active at: Smartphoto group, WEDIM, ENSO HOSPITALITY, LEDAP, AS2, miDiagnostics, Triginta, ATCARS +11 more
since 2026 · until 2032
Director · represented by Coucke Marc
Also active at: Greenyard, Smartphoto group, PAIRI DAIZA, Perennitas, ATCARS, Comate Holding, Comate Ventures, ROYAL SPORTING CLUB ANDERLECHT +2 more
since 2026 · until 2032
Managing director · represented by Versluys Bart
Also active at: LA RESERVE INVEST, PRUDENCE, Gent Real Estate, TaleMate, La Réserve Management
since 2026 · until 2032
Director · represented by Peter De Decker
Also active at: BOUWBEDRIJF VERSLUYS, CARLTON RETAIL, VERSLUYS REAL ESTATE, LEFEBVRE SAILS, Versluys Bouwgroep, VUURTORENDOK, Gent Real Estate, VERSLUYS LOGISTICS +3 more
since 2026 · until 2032
Participations
100%
100%
100%
Cadzand Real Estate BV
100%
Establishments
Establishment units
Physical locations of this company
Zandvoordestraat 465
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →BOUWBEDRIJF VERSLUYS same network
€ 7.3 million revenue · 2025
CARLTON RETAIL same network
€ 5.3 million revenue · 2025
VERSLUYS REAL ESTATE same network
€ 9.7 million revenue · 2025
LEFEBVRE SAILS same network
€ -1,044 gross margin · 2025
Versluys Bouwgroep same network
€ 25.4 million revenue · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.826.417
- VAT number
- BE 0869.826.417
- Registered office
- Zandvoordestraat 465, 8400 Oostende
- Names & denominations
- VERSLUYS INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2004
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Activiteiten van holdings
Handel in eigen onroerend goed
Handel in onroerend goed
Holdings
Activiteiten van bouwarchitecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
+6