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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Verode Group from Etterbeek, company number BE1002462237, closed financial year 2025 with a result of € 757,231 after tax. For that financial year Verode Group recorded a gross margin of € -8,369 and equity of € 459,896. Compared with financial year 2024, the result moved from € -307,335 to € 757,231. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 459,896
▲ € 757,231 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 757,231
▲ still € 307,335 loss in 2024
Profit after tax over the fiscal year.
€ 33,706
▲ € 30,696 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 € 449,896.
Debts at end 2025
€ 1.8 million
▼ 42% vs 2024
€ 280,486 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 644
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -34,659 | € -8,369 | ▲ € 26,290 |
| Profit after taxes | € -307,335 | € 757,231 | ▲ € 1.1 million |
| Equity | € -297,335 | € 459,896 | ▲ € 757,231 |
| Total debts | € 6,713,861 | € 5,680,072 | ▼ 15% |
| Cash | € 3,010 | € 33,706 | ▲ € 30,696 |
| Retained profit | € -307,335 | € 449,896 | ▲ € 757,231 |
| Bank debt | € 3,039,448 | € 1,762,505 | ▼ 42% |
| Balance sheet total | € 6,416,526 | € 6,139,968 | ▼ 4% |
Key figures of Verode Group, fiscal years 2024 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 Verode Group?
What happened at Verode Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 757,231. filed late Source: NBB ↗
- New establishment in Etterbeek. KBO
- Carmen Rousseeuw became a director. NBB
- Iwona de Pourbaix became a director. NBB
- Waldo Vervoort became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 307,335 loss in 2024 to € 757,231 profit in 2025.
Best year ever: 2025, with € 757,231 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Verode Group are Carmen Rousseeuw, Iwona de Pourbaix and Waldo Vervoort. It owns 100% of First Wave itself.
Directors
According to the 2025 annual accounts
since 2023
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Oudergemlaan 346
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 1002.462.237
- VAT number
- BE 1002.462.237
- Registered office
- Oudergemlaan 346, 1040 Etterbeek
- Names & denominations
- Verode Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2023
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Activiteiten van holdings
Holdings