ACTIVE

VERAC

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

376 k €

-5.4% YoY

Gross margin

1,2 M €

-2.6% YoY

Equity

10,2 M €

+3.5% YoY

Workforce

6,8 ETP

0.0% YoY

What does VERAC do?

VERAC is a Public limited company incorporated in 1953. Its main activity is: Real estate agencies. Its registered office is in Zaventem. It employs on average 6,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.490.196

Incorporation

14/10/1953

Legal form

Public limited company

Registered office

Vilvoordelaan 170
1930 Zaventem · FlandreSee on map

Contributed capital

1 460 234,00 €

Latest accounts

31/12/2025

Average workforce

6,8 ETP

Activities (NACE)

68310Real estate agencies· main 68311Real estate agencies 70311Activities of head offices; management consultancy activities 41101Development of building projects 55900Other accommodation 55900Other accommodation+2

Joint committees (4)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	-2.6%	1,2 M €	+59.0%	759,4 k €	+20.2%	631,7 k €	-5.9%	671,1 k €	+1498%	42 k €	-96.0%	1 M €	-8.3%	1,1 M €	+3.4%	1,1 M €	+24.3%	880,8 k €	+9.8%	802,3 k €	-0.2%	803,8 k €	-2.0%	820 k €	-19.7%	1 M €	+1.8%	1 M €	+9.3%	918,5 k €	-38.6%	1,5 M €	+114%	697,7 k €	-56.3%	1,6 M €	+36.7%	1,2 M €
EBITDA	643,1 k €	-9.7%	712,4 k €	+107%	344,7 k €	+55.2%	222,1 k €	-25.3%	297,3 k €	+1378%	20,1 k €	-97.3%	741,8 k €	+13.2%	655,3 k €	-1.2%	663,4 k €	+11415%	5,8 k €	-98.9%	512,8 k €	-0.8%	516,7 k €	-8.5%	564,7 k €	+1.9%	554,1 k €	-11.9%	629,3 k €	+10.4%	570 k €	-46.9%	1,1 M €	+170%	397,9 k €	-52.2%	832,9 k €	+44.5%	576,3 k €
Operating result	533,9 k €	-10.5%	596,3 k €	+156%	232,7 k €	+400%	46,6 k €	+9.4%	42,6 k €	+117%	-244 k €	-194%	259,3 k €	-25.9%	349,8 k €	-0.9%	352,9 k €	+216%	-305,1 k €	-253%	198,8 k €	-17.1%	239,7 k €	-19.6%	298,2 k €	+11.8%	266,7 k €	-1.9%	271,8 k €	+24.8%	217,8 k €	-68.4%	688,8 k €	+236%	-505,6 k €	-176%	668,7 k €	+109%	320,6 k €
Net result	376 k €	-5.4%	397,3 k €	+202%	131,5 k €	+429%	24,9 k €	+218%	-21,2 k €	+92.7%	-287,9 k €	-261%	178,7 k €	+135%	-515,4 k €	-419%	161,5 k €	+273%	-93,5 k €	-852%	-9,8 k €	-14.5%	-8,6 k €	-121%	41,5 k €	+233%	-31,2 k €	-150%	63,1 k €	+938%	6,1 k €	-98.5%	412,2 k €	+224%	-332 k €	-266%	200,2 k €	+711%	24,7 k €
Balance sheet
Equity	10,2 M €	+3.5%	9,9 M €	+4.1%	9,5 M €	+1.2%	9,4 M €	+0.3%	9,4 M €	-0.2%	9,4 M €	-3.0%	9,7 M €	+61.8%	6 M €	-8.4%	6,5 M €	+2.5%	6,4 M €	-1.5%	6,5 M €	-0.2%	6,5 M €	-0.1%	6,5 M €	+19.0%	5,4 M €	-20.0%	6,8 M €	+0.3%	6,8 M €	+172%	2,5 M €	+19.8%	2,1 M €	+21.4%	1,7 M €	+4.9%	1,6 M €
Total assets	13,6 M €	-0.4%	13,6 M €	+0.5%	13,6 M €	+0.5%	13,5 M €	-1.6%	13,7 M €	-1.7%	13,9 M €	+1.2%	13,8 M €	+5.4%	13,1 M €	-5.4%	13,8 M €	-1.5%	14 M €	-1.9%	14,3 M €	+6.4%	13,4 M €	-2.0%	13,7 M €	-1.0%	13,8 M €	+7.2%	12,9 M €	+15.9%	11,1 M €	+65.7%	6,7 M €	-16.2%	8 M €	-9.8%	8,9 M €	+28.5%	6,9 M €
Cash	107,9 k €	-37.8%	173,5 k €	+30.3%	133,1 k €	+22.7%	108,5 k €	-43.8%	193 k €	-4.6%	202,4 k €	-17.3%	244,6 k €	-63.2%	665,4 k €	+1369%	45,3 k €	+173%	16,6 k €	+80.8%	9,2 k €	-81.6%	49,9 k €	-87.0%	384,5 k €	+512%	62,8 k €	-73.1%	233,4 k €	+75.1%	133,3 k €	+99.7%	66,7 k €	-64.2%	186,6 k €	-6.2%	198,9 k €	+7.4%	185,2 k €
Debts	2,5 M €	-9.9%	2,8 M €	-7.8%	3 M €	-3.6%	3,2 M €	-4.4%	3,3 M €	-5.2%	3,5 M €	+34.6%	2,6 M €	-53.6%	5,6 M €	-2.9%	5,8 M €	-5.7%	6,1 M €	-9.7%	6,8 M €	+14.8%	5,9 M €	-3.6%	6,1 M €	-20.7%	7,7 M €	+41.8%	5,4 M €	+49.8%	3,6 M €	-3.4%	3,7 M €	-31.5%	5,5 M €	-13.3%	6,3 M €	+26.2%	5 M €
Other
Workforce	6,8 ETP	0.0%	6,8 ETP	+13.3%	6,0 ETP	-4.8%	6,3 ETP	-6.0%	6,7 ETP	+42.6%	4,7 ETP	+38.2%	3,4 ETP	-22.7%	4,4 ETP	-13.7%	5,1 ETP	0.0%	5,1 ETP	+24.4%	4,1 ETP	-18.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	+6.4%	4,7 ETP	-13.0%	5,4 ETP	-3.6%	5,6 ETP	+14.3%	4,9 ETP	-2.0%	5,0 ETP	-3.8%	5,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Achille Vermeiren

Managing director

Active

Ended mandates

Achille Vermeiren

Managing director · since 04 janvier 2021 · until 04 janvier 2027

Ended

Marie-Christine Van Varenberg

Director · since 04 janvier 2021 · until 16 janvier 2024

Ended

Marie-Christine VAN VARENBERG

Director · since 04 janvier 2021 · until 04 janvier 2027

Ended

MARIE-CHRISTINE VAN VARENBERG

Director · since 20 janvier 2015 · until 05 janvier 2021

Ended

At this address

Other companies at this address

Company	CBE no.
Zakenkantoor Verbo● Liquidation	0400.663.646

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	24/07/2025	31/07/2024	24/07/2023	27/07/2022	08/07/2021
General meeting	03/06/2026	30/06/2025	05/06/2024	07/06/2023	07/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	24/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	08/07/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	31/07/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	06/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	09/10/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	01/08/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/09/2011	28/10/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	22/07/2010	Dutch	PDF
Abridged modelCorrection	31/12/2008	30/06/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	23/06/2009	18/09/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	01/08/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	13/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Achille Vermeiren

Managing director

Active

Ended mandates

Achille Vermeiren

Managing director · since 04 janvier 2021 · until 04 janvier 2027

Ended

Marie-Christine Van Varenberg

Director · since 04 janvier 2021 · until 16 janvier 2024

Ended

Marie-Christine VAN VARENBERG

Director · since 04 janvier 2021 · until 04 janvier 2027

Ended

MARIE-CHRISTINE VAN VARENBERG

Director · since 20 janvier 2015 · until 05 janvier 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/01/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/11/2013
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares22/01/2013
KAPITAAL - AANDELEN
PDF
Mandates12/01/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/01/2009
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025376 k €↓
2024
Annual accounts 2024397,3 k €↑
2023
Annual accounts 2023131,5 k €↑
2022
Annual accounts 202224,9 k €↑
2021
Annual accounts 2021-21,2 k €↑
2020
Annual accounts 2020-287,9 k €↓
2019
Annual accounts 2019178,7 k €↑
2018
Annual accounts 2018-515,4 k €↓
2017
Annual accounts 2017161,5 k €↑
2016
Annual accounts 2016-93,5 k €↓
2015
Annual accounts 2015-9,8 k €↓
2014
Annual accounts 2014-8,6 k €↓
2013
Annual accounts 201341,5 k €↑
2012
Annual accounts 2012-31,2 k €↓
2011
Annual accounts 201163,1 k €↑
2010
Annual accounts 20106,1 k €↓
2009
Annual accounts 2009412,2 k €↑
2008
Annual accounts 2008-332 k €↓
2007
Annual accounts 2007200,2 k €↑
2006
Annual accounts 200624,7 k €
14/10/1953
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VERAC

Overview

What does VERAC do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline