ACTIVE

VERBINNEN

Financial year 2025 · closed on 31/12/2025
Net result
26 k €
+166.0% YoY
Gross margin
508,4 k €
-2.4% YoY
Equity
116,6 k €
+20.0% YoY
Workforce
7,6 ETP
-7.3% YoY

What does VERBINNEN do?

VERBINNEN is a Private limited company incorporated in 1994. Its registered office is in Leuven. It employs on average 7,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.869.748
Incorporation
08/02/1994
Legal form
Private limited company
Registered office
Wijgmaalbroek 18
3018 Leuven · FlandreSee on map
Contributed capital
11 650,99 €
Latest accounts
31/12/2025
Average workforce
7,6 ETP
Joint committees (5)
  • 145
  • 1450
  • 200
  • 2000
  • 218
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin508,4 k €521 k €594,6 k €520,7 k €425,5 k €417,5 k €389,4 k €410,2 k €407 k €384,7 k €402,2 k €391,8 k €372,5 k €377,6 k €357,9 k €339,3 k €343,5 k €291,9 k €235,6 k €
EBITDA98,9 k €71 k €69,3 k €68,7 k €58,5 k €51,2 k €40,9 k €38,3 k €42,6 k €45,1 k €45,1 k €27 k €65,4 k €76,6 k €54,7 k €85,7 k €80,3 k €79,7 k €64,4 k €
Operating result41,1 k €16,4 k €6,6 k €19,9 k €13,1 k €10,7 k €10,2 k €9,2 k €10,5 k €7,4 k €11,1 k €-11,3 k €21,7 k €33,9 k €12,9 k €14,7 k €15,3 k €19,7 k €9,4 k €
Net result26 k €9,8 k €-1,6 k €9,6 k €7 k €3,3 k €2,3 k €3 k €1,2 k €115,8 €2,2 k €-6,3 k €12,2 k €27,4 k €-27 k €7,8 k €6,2 k €9,3 k €3,5 k €
Balance sheet
Equity116,6 k €97,1 k €101,7 k €104,9 k €96,8 k €89,8 k €86,5 k €84,2 k €81,2 k €80,1 k €80 k €77,8 k €84,1 k €71,9 k €44,5 k €71,5 k €63,7 k €57,5 k €48,2 k €
Total assets356,8 k €316,7 k €361,8 k €498,6 k €356,7 k €342,1 k €309,5 k €338,1 k €306,3 k €341 k €317 k €441,2 k €415,7 k €232,4 k €235 k €286,5 k €247,3 k €279,8 k €237,9 k €
Cash18 k €40,2 k €2,6 k €50,5 k €5,9 k €6,8 k €18,7 k €7,3 k €319,3 €16,4 k €33,8 k €25,3 k €112,7 €3,7 k €1,1 k €11 k €185 €3,5 k €
Debts220,2 k €204,2 k €260 k €354,5 k €259,9 k €252,3 k €223 k €253,9 k €225,1 k €260,9 k €237,1 k €363,4 k €330,1 k €159,6 k €170 k €213,9 k €182,3 k €220 k €186,4 k €
Other
Workforce7,6 ETP8,2 ETP9,6 ETP9,2 ETP7,3 ETP7,3 ETP8,6 ETP8,7 ETP8,4 ETP8,5 ETP8,6 ETP8,2 ETP8,1 ETP7,9 ETP7,3 ETP6,3 ETP5,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

IMMO ELMA

Director · since 01 avril 2026 · 0839.369.011

Represented by Karine Crokaert

Active
Karine Crokaert

Director · since 14 décembre 2023 · until 01 avril 2026

Active
Manu Verbinnen

Director · since 14 décembre 2023

Active

Ended mandates

Karine Crokaert

Director · since 14 décembre 2023

Ended
Manu Verbinnen

Director · since 21 février 1994

Ended
Karine Crokaert

Director · since 16 février 1994

Ended
Karine Crokaert

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
IMMO ELMAActive
0839.369.011
VERBINNEN-ELMAActive
0534.808.807
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202622/07/202512/06/202430/09/202325/08/202216/08/2021
General meeting11/05/202630/06/202513/05/202430/05/202309/05/202210/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/05/202609/06/2026DutchPDF
Abridged model31/12/202430/06/202522/07/2025DutchPDF
Abridged model31/12/202313/05/202412/06/2024DutchPDF
Abridged model31/12/202230/05/202330/09/2023DutchPDF
Micro model31/12/202109/05/202225/08/2022DutchPDF
Abridged model31/12/202010/05/202116/08/2021DutchPDF
Abridged model31/12/201911/05/202026/05/2020DutchPDF
Abridged model31/12/201813/05/201926/08/2019DutchPDF
Abridged model31/12/201714/05/201831/08/2018DutchPDF
Micro model31/12/201608/05/201724/08/2017DutchPDF
Abridged model31/12/201509/05/201627/08/2016DutchPDF
Abridged model31/12/201411/05/201524/07/2015DutchPDF
Abridged model31/12/201312/05/201419/06/2014DutchPDF
Abridged model31/12/201213/05/201331/05/2013DutchPDF
Abridged model31/12/201114/05/201229/07/2012DutchPDF
Abridged model31/12/201009/05/201124/06/2011DutchPDF
Abridged model31/12/200910/05/201014/06/2010DutchPDF
Abridged model31/12/200822/06/200922/06/2009DutchPDF
Abridged model31/12/200730/06/200821/07/2008DutchPDF
Abridged model31/12/200629/06/200723/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 3 active · 7 ended

Active mandates

IMMO ELMA

Director · since 01 avril 2026 · 0839.369.011

Represented by Karine Crokaert

Active
Karine Crokaert

Director · since 14 décembre 2023 · until 01 avril 2026

Active
Manu Verbinnen

Director · since 14 décembre 2023

Active

Ended mandates

Karine Crokaert

Director · since 14 décembre 2023

Ended
Manu Verbinnen

Director · since 21 février 1994

Ended
Karine Crokaert

Director · since 16 février 1994

Ended
Karine Crokaert

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/05/2026
    ONTSLAG EN BENOEMING BESTUURDER
    PDF
  • Mandates15/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/02/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares25/02/2004
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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

Timeline

  1. 2025
    Annual accounts 202526 k €
  2. 2024
    Annual accounts 20249,8 k €
  3. 2023
    Annual accounts 2023-1,6 k €
  4. 2022
    Annual accounts 20229,6 k €
  5. 2021
    Annual accounts 20217 k €
  6. 2020
    Annual accounts 20203,3 k €
  7. 2019
    Annual accounts 20192,3 k €
  8. 2018
    Annual accounts 20183 k €
  9. 2017
    Annual accounts 20171,2 k €
  10. 2016
    Annual accounts 2016115,8 €
  11. 2015
    Annual accounts 20152,2 k €
  12. 2014
    Annual accounts 2014-6,3 k €
  13. 2013
    Annual accounts 201312,2 k €
  14. 2012
    Annual accounts 201227,4 k €
  15. 2011
    Annual accounts 2011-27 k €
  16. 2010
    Annual accounts 20107,8 k €
  17. 2009
    Annual accounts 20096,2 k €
  18. 2008
    Annual accounts 20089,3 k €
  19. 2007
    Annual accounts 20073,5 k €
  20. 08/02/1994
    IncorporationPrivate limited company