ACTIVE

VERMEULEN NOËL

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Financial year 2025 · Closed on 31/10/2025

Net result285,6 k €+87,5 %over 1 year

Gross margin1,2 M €+32,3 %over 1 year

Equity3,4 M €+9,1 %over 1 year

Workforce3,6 ETP+50,0 %over 1 year

Identity

Source · BCE/KBO

VERMEULEN NOËL is a Private limited company incorporated in 1983. Its registered office is in Moorslede. It employs on average 3,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0423.518.232
Incorporation: 25/01/1983
Legal form: Private limited company
Registered office: Roeselaarsestraat 242
8890 Moorslede · FlandreSee on map
Contributed capital: 372 000,00 €
Latest accounts: 31/10/2025
Average workforce: 3,6 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,2 M €	+32.3%	904,8 k €	-8.8%	992,5 k €	+1.2%	980,4 k €	+12.6%	870,5 k €
EBITDA	897,3 k €	+24.1%	722,8 k €	-15.5%	855,4 k €	+5.1%	813,9 k €	+6.9%	761,5 k €
Operating result	615 k €	+47.5%	417 k €	-1.6%	423,6 k €	-2.6%	435,1 k €	-8.9%	477,4 k €
Net result	285,6 k €	+87.5%	152,3 k €	-29.3%	215,4 k €	-21.5%	274,5 k €	-20.0%	343,1 k €
Balance sheet
Equity	3,4 M €	+9.1%	3,2 M €	+5.1%	3 M €	+7.7%	2,8 M €	+10.9%	2,5 M €
Total assets	11,1 M €	+2.6%	10,8 M €	-5.8%	11,4 M €	+14.8%	10 M €	-33.4%	15 M €
Cash	60,8 k €	+20.6%	50,4 k €	+10.1%	45,8 k €	-80.8%	238,5 k €	+145%	97,4 k €
Debts	7,4 M €	-2.2%	7,6 M €	-10.3%	8,4 M €	+17.6%	7,2 M €	-42.4%	12,5 M €
Other
Workforce	3,6 ETP	+50.0%	2,4 ETP	+14.3%	2,1 ETP	-4.5%	2,2 ETP	0.0%	2,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/10/2025

1 active · 4 ended

Active mandates

Johan VERMEULEN

Director · since 09 mars 2000

Active

Ended mandates

Geert Vermeulen

Director

Ended

Johan Vermeulen

Director

Ended

Johan Vermeulen

Manager

Ended

Noel Vermeulen

Manager

Ended

Other companies at this address

Roeselaarsestraat 242 8890 Moorslede

Company	CBE no.
GECHRIVER● Active	0759.371.923
GEJOVER● Active	0759.371.626
JOVER● Active	0759.371.725
PAVERDES● Active	0449.041.209
VERMEULEN PLANT● Active	0418.608.052
VERMEULEN TRANSPORT● Active	0870.588.064

Full financial information

Source · NBB

	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	01/11/2024	01/11/2023	01/11/2022	01/11/2021	01/11/2020	01/11/2019
Closing of the financial year	31/10/2025	31/10/2024	31/10/2023	31/10/2022	31/10/2021	31/10/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/03/2026	22/05/2025	29/03/2024	24/04/2023	03/05/2022	30/04/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	31/03/2023	25/03/2022	26/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/10/2025	27/03/2026	31/03/2026	Dutch	PDF
Abridged model	31/10/2024	28/03/2025	22/05/2025	Dutch	PDF
Abridged model	31/10/2023	29/03/2024	29/03/2024	Dutch	PDF
Abridged model	31/10/2022	31/03/2023	24/04/2023	Dutch	PDF
Abridged model	31/10/2021	25/03/2022	03/05/2022	Dutch	PDF
Abridged model	31/10/2020	26/03/2021	30/04/2021	Dutch	PDF
Abridged model	31/10/2019	27/03/2020	30/03/2020	Dutch	PDF
Abridged model	31/10/2018	29/03/2019	29/04/2019	Dutch	PDF
Abridged model	31/10/2017	30/03/2018	20/04/2018	Dutch	PDF
Abridged model	31/10/2016	31/03/2017	25/04/2017	Dutch	PDF
Abridged model	31/10/2015	25/03/2016	04/04/2016	Dutch	PDF
Abridged model	31/10/2014	27/03/2015	27/04/2015	Dutch	PDF
Abridged model	31/10/2013	28/03/2014	22/04/2014	Dutch	PDF
Abridged model	31/10/2012	29/03/2013	23/04/2013	Dutch	PDF
Abridged model	31/10/2011	30/03/2012	14/05/2012	Dutch	PDF
Abridged modelCorrection	31/10/2010	02/09/2011	11/10/2011	Dutch	PDF
Abridged model	31/10/2010	25/03/2011	06/05/2011	Dutch	PDF
Abridged model	31/10/2009	26/03/2010	26/04/2010	Dutch	PDF
Abridged model	31/10/2008	27/03/2009	08/05/2009	Dutch	PDF
Abridged model	31/10/2007	28/03/2008	25/04/2008	Dutch	PDF
Abridged model	31/10/2006	30/03/2007	10/04/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/10/2025

1 active · 4 ended

Active mandates

Johan VERMEULEN

Director · since 09 mars 2000

Active

Ended mandates

Geert Vermeulen

Director

Ended

Johan Vermeulen

Director

Ended

Johan Vermeulen

Manager

Ended

Noel Vermeulen

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/12/2019
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares15/10/2002
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025285,6 k €↑
2024
Annual accounts 2024152,3 k €↓
2024
Name changeVERMEULEN NOEL
2023
Annual accounts 2023215,4 k €↓
2022
Annual accounts 2022274,5 k €↓
2021
Annual accounts 2021343,1 k €↑
2021
Name changeNoel Vermeulen
2020
Annual accounts 2020230,5 k €↑
2019
Annual accounts 2019220,8 k €↑
2018
Annual accounts 2018111,6 k €↑
2017
Annual accounts 2017101,6 k €↑
2016
Annual accounts 201642 k €↓
2015
Annual accounts 2015127,7 k €↓
2014
Annual accounts 2014504,8 k €↑
2013
Annual accounts 2013188,7 k €↑
2012
Annual accounts 2012-48,8 k €↓
2011
Annual accounts 2011239,5 k €↓
2010
Annual accounts 2010330,6 k €↑
2009
Annual accounts 2009119,4 k €↓
2008
Annual accounts 2008241,2 k €↑
2007
Annual accounts 2007157,5 k €↓
2006
Annual accounts 2006182,3 k €
25/01/1983
IncorporationPrivate limited company

VERMEULEN NOËL

Overview

Identity

Financials

Valuation

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

Timeline