Active · per the CBE, 16 September 2026

VERDOWAL

BE0870584797

Rechtspersoon Public limited company 1 establishment

VERDOWAL is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 15 December 2004, 1 establishment.

Doorniksewijk(Kor) 68 box 1, 8500 Kortrijk

Behind the company: Luc Vandewalle.

Active for

21 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VERDOWAL from Kortrijk, company number BE0870584797, closed financial year 2025 with a result of € -20,150 after tax. For that financial year VERDOWAL recorded a gross margin of € 109,859 and equity of € 715,787. Compared with financial year 2024, the result moved from € -65,813 to € -20,150. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.

What it is worth Healthy

€ 715,787

▼ 3% vs 2024

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

Loss Caution

€ -20,150

▲ 69 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 105,094

▼ 90% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 653,787.

People and assets in 2025

Vehicles and equipment

€ 307

▼ 73% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 26,763

▲ 9% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 355,984 € 57,881 € 37,286 € 109,859 ▲ 195%
Profit after taxes € 217,833 € 10,142 € -65,813 € -20,150 ▲ € 45,663
Equity € 791,608 € 801,750 € 735,937 € 715,787 ▼ 3%
Total debts € 528,308 € 514,211 € 555,647 € 3,874,023 ▲ € 3.3 million
Cash € 1,052,670 € 87,440 € 1,052,855 € 105,094 ▼ 90%
Land & buildings € 253,726 € 219,937 € 209,223 € 1,038,597 ▲ € 829,373
Retained profit € 729,608 € 739,750 € 673,937 € 653,787 ▼ 3%
Bank debt € 0 € 0 € 0 € 1,000,000
Balance sheet total € 1,489,477 € 1,485,524 € 1,461,145 € 4,694,501 ▲ 221%

Key figures of VERDOWAL, 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 VERDOWAL?

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

  • New annual accounts for financial year 2025: loss of € 20,150. Source: NBB ↗
  • Luc Vandewalle became a director. NBB
  • New establishment in Menen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 217,833 profit in 2022 to € 20,150 loss in 2025.

Paid € 53,429 in corporate taxes since 2022.

Best year ever: 2022, with € 217,833 profit.

Management

Luc Vandewalle
VERDOWAL

Behind VERDOWAL is Luc Vandewalle.

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Directors

According to the 2025 annual accounts

Luc Vandewalle

Managing director

since 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Doorniksewijk(Kor) 68 box 1

8500 Kortrijk

2.144.595.467

LAR blok Z 4

8930 Menen

Active since 15 December 2004

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0870.584.797
VAT number
BE 0870.584.797
Registered office
Doorniksewijk(Kor) 68 bus 1, 8500 Kortrijk
Names & denominations
VERDOWAL
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
15 December 2004
Peppol
Active · Active since 10 Jun 2025
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

Handel in eigen onroerend goed

Handel in onroerend goed

Frequently asked questions

What does VERDOWAL do?
VERDOWAL is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 15 December 2004, 1 establishment.
What is the address of VERDOWAL?
The registered office of VERDOWAL is located at Doorniksewijk(Kor) 68 box 1, 8500 Kortrijk.
Is VERDOWAL still active?
Yes. According to the CBE (16 September 2026) VERDOWAL is active, legal situation “Normale toestand”, started on 15 December 2004.
Is VERDOWAL registered on Peppol?
Yes, VERDOWAL is registered on the Peppol network with ID 0208:0870584797.
What is the enterprise number of VERDOWAL?
The enterprise number of VERDOWAL is BE0870584797.
When was VERDOWAL founded?
VERDOWAL was founded on 15 December 2004.