ACTIVE

VERVEC

Financial year 2025 · closed on 31/12/2025
Net result
104,6 k €
+20.1% YoY
Gross margin
149,0 k €
+18.1% YoY
Equity
1,2 M €
+9.6% YoY

What does VERVEC do?

VERVEC is a Public limited company incorporated in 1994. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Destelbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.358.708
Incorporation
24/03/1994
Legal form
Public limited company
Registered office
Dendermondesteenweg 76
9070 Destelbergen · FlandreSee on map
Contributed capital
62 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin149,0 k €126,1 k €101,4 k €87,0 k €55,1 k €89,9 k €80,8 k €66,2 k €55,8 k €53,7 k €59,0 k €59,7 k €59,5 k €59,5 k €55,1 k €60,0 k €65,5 k €59,4 k €
EBITDA144,6 k €121,8 k €92,7 k €78,7 k €48,3 k €86,5 k €77,3 k €62,6 k €52,1 k €50,0 k €55,5 k €57,0 k €56,9 k €57,0 k €52,5 k €57,5 k €63,1 k €57,1 k €
Operating result138,4 k €115,7 k €86,5 k €72,6 k €42,2 k €77,8 k €68,6 k €53,9 k €39,1 k €41,7 k €48,2 k €49,9 k €49,8 k €47,6 k €46,4 k €51,6 k €57,2 k €51,1 k €
Net result104,6 k €87,1 k €65,7 k €54,7 k €30,6 k €59,5 k €46,7 k €37,5 k €27,7 k €27,9 k €31,8 k €33,4 k €34,2 k €30,5 k €26,6 k €32,1 k €32,4 k €26,9 k €
Balance sheet
Equity1,2 M €1,1 M €992,1 k €926,4 k €871,8 k €745,7 k €688,1 k €641,4 k €604,0 k €576,3 k €548,4 k €516,7 k €483,3 k €449,1 k €418,6 k €392,0 k €359,9 k €327,5 k €
Total assets1,3 M €1,2 M €1,1 M €1,0 M €985,7 k €851,5 k €782,9 k €727,0 k €686,1 k €657,6 k €684,2 k €676,1 k €672,7 k €813,2 k €800,2 k €802,1 k €785,6 k €767,5 k €
Cash856,3 k €703,8 k €516,3 k €365,0 k €432,0 k €271,2 k €220,0 k €177,2 k €135,0 k €117,4 k €135,2 k €129,2 k €98,5 k €58,6 k €56,9 k €113,1 k €109,0 k €102,6 k €
Debts159,3 k €150,8 k €126,4 k €123,1 k €113,9 k €105,8 k €94,7 k €85,5 k €82,1 k €81,2 k €133,4 k €157,1 k €187,2 k €361,6 k €379,1 k €407,5 k €423,1 k €437,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

Angelina Brille

Director

Active
Christine Verstraete

Managing director

Active
Véronique Verstraete

Director

Active

Ended mandates

Angelina Brille

Director · since 16 juin 2017

Ended
Christine Verstraete

Managing director · since 16 juin 2017

Ended
Véronique Verstraete

Director · since 16 juin 2017

Ended
Angelina Brille

Director · since 17 juin 2011

Ended
At this address

Other companies at this address

CompanyCBE no.
0429.442.061
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date23/06/202607/07/202526/08/202406/07/202331/08/202231/08/2021
General meeting19/06/202620/06/202521/06/202416/06/202330/06/202230/06/2021
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 model31/12/202519/06/202623/06/2026DutchPDF
Abridged model31/12/202420/06/202507/07/2025DutchPDF
Abridged model31/12/202321/06/202426/08/2024DutchPDF
Abridged model31/12/202216/06/202306/07/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Abridged model31/12/201919/06/202029/06/2020DutchPDF
Abridged model31/12/201821/06/201912/07/2019DutchPDF
Abridged model31/12/201722/06/201819/07/2018DutchPDF
Abridged model31/12/201616/06/201711/07/2017DutchPDF
Abridged model31/12/201517/06/201611/07/2016DutchPDF
Abridged model31/12/201419/06/201513/07/2015DutchPDF
Abridged model31/12/201320/06/201414/07/2014DutchPDF
Abridged model31/12/201221/06/201316/07/2013DutchPDF
Abridged model31/12/201115/06/201213/07/2012DutchPDF
Abridged model31/12/201017/06/201112/07/2011DutchPDF
Abridged model31/12/200918/06/201012/07/2010DutchPDF
Abridged model31/12/200819/06/200910/07/2009DutchPDF
Abridged model31/12/200720/06/200816/07/2008DutchPDF
Abridged model31/12/200629/06/200718/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

Angelina Brille

Director

Active
Christine Verstraete

Managing director

Active
Véronique Verstraete

Director

Active

Ended mandates

Angelina Brille

Director · since 16 juin 2017

Ended
Christine Verstraete

Managing director · since 16 juin 2017

Ended
Véronique Verstraete

Director · since 16 juin 2017

Ended
Angelina Brille

Director · since 17 juin 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates30/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2005
    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

Timeline

  1. 2025
    Annual accounts 2025104,6 k €
  2. 2024
    Annual accounts 202487,1 k €
  3. 2023
    Annual accounts 202365,7 k €
  4. 2022
    Annual accounts 202254,7 k €
  5. 2021
    Annual accounts 202130,6 k €
  6. 2018
    Annual accounts 201859,5 k €
  7. 2017
    Annual accounts 201746,7 k €
  8. 2016
    Annual accounts 201637,5 k €
  9. 2015
    Annual accounts 201527,7 k €
  10. 2014
    Annual accounts 201427,9 k €
  11. 2013
    Annual accounts 201331,8 k €
  12. 2012
    Annual accounts 201233,4 k €
  13. 2011
    Annual accounts 201134,2 k €
  14. 2010
    Annual accounts 201030,5 k €
  15. 2009
    Annual accounts 200926,6 k €
  16. 2008
    Annual accounts 200832,1 k €
  17. 2007
    Annual accounts 200732,4 k €
  18. 2006
    Annual accounts 200626,9 k €
  19. 24/03/1994
    IncorporationPublic limited company