Financials
Financial year 2025
VEMAHO from Izegem, company number BE0895370178, closed financial year 2025 with a result of € 838,316 after tax. For that financial year VEMAHO recorded a gross margin of € 631,506 and equity of € 8.8 million. Compared with financial year 2024, the result moved from € 992,433 to € 838,316. 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 April 8, 2026.
€ 8.8 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 838,316
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 49% 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 € 8.8 million.
Debts at end 2025
€ 300,000
▼ 25% vs 2024
Loans from banks and other lenders, long and short.
€ 2,776
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 178,844
▲ 139% 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 | € 562,133 | € 749,155 | € 509,637 | € 631,506 | ▲ 24% |
| Profit after taxes | € 1,977,655 | € 1,021,751 | € 992,433 | € 838,316 | ▼ 16% |
| Equity | € 6,008,570 | € 7,025,321 | € 7,995,254 | € 8,833,570 | ▲ 10% |
| Total debts | € 993,971 | € 632,084 | € 587,591 | € 569,684 | ▼ 3% |
| Cash | € 1,706,531 | € 1,512,635 | € 2,584,645 | € 1,308,398 | ▼ 49% |
| Retained profit | € 5,989,970 | € 7,006,721 | € 7,976,654 | € 8,814,970 | ▲ 11% |
| Dividend | € 31,500 | € 5,000 | € 22,500 | € 0 | ▼ 100% |
| Bank debt | € 783,000 | € 400,000 | € 400,000 | € 300,000 | ▼ 25% |
| Balance sheet total | € 7,002,541 | € 7,657,405 | € 8,582,845 | € 9,403,254 | ▲ 10% |
Key figures of VEMAHO, 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 April 2027.
What happened to VEMAHO?
What happened at VEMAHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 838,316 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million profit in 2022 to € 838,316 profit in 2025.
Paid € 686,362 in corporate taxes since 2022.
Best year ever: 2022, with € 2 million profit.
Paid out € 59,000 in dividends to the owners in total.
Management
Behind VEMAHO is Maarten Vanhaverbeke. It owns 99.8% of Vanhaverbeke Houthandel and 22% of Spilco itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ambachtenstraat 24 box 1
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.370.178
- VAT number
- BE 0895.370.178
- Registered office
- Ambachtenstraat 24 bus 1, 8870 Izegem
- Names & denominations
- VEMAHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2008
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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