ACTIVE

VERVAEKE

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Financial year 2024 · closed on 31/12/2024

Net result

400,5 k €

+563.1% YoY

Gross margin

1,5 M €

+35.8% YoY

Equity

1,8 M €

+28.3% YoY

Workforce

11,1 ETP

-4.3% YoY

What does VERVAEKE do?

VERVAEKE is a Private limited company incorporated in 1995. Its registered office is in Wingene. It employs on average 11,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.113.013

Incorporation

01/01/1995

Legal form

Private limited company

Registered office

Eekhoutstraat 45
8755 Wingene · FlandreSee on map

Contributed capital

690 000,00 €

Latest accounts

31/12/2024

Average workforce

11,1 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,5 M €	+35.8%	1,1 M €	-14.3%	1,2 M €	+14.6%	1,1 M €	+11.5%	975,8 k €	+16.2%	840 k €	-21.2%	1,1 M €	+203%	351,7 k €	+19.2%	295,1 k €	-30.8%	426,2 k €	-34.4%	649,7 k €	+35.7%	478,8 k €	-19.5%	594,8 k €	+13.0%	526,1 k €	-11.1%	591,6 k €	-7.2%	637,1 k €	-2.2%	651,7 k €	-5.8%	691,7 k €	+13.9%	607,5 k €
EBITDA	769 k €	+118%	352,3 k €	-44.6%	635,6 k €	+47.8%	430,1 k €	+10.4%	389,7 k €	+31.2%	297 k €	-57.4%	697,3 k €	+380%	145,4 k €	+42.0%	102,4 k €	-48.8%	200 k €	-53.7%	431,7 k €	+77.6%	243,1 k €	-37.7%	390,1 k €	+18.9%	328,1 k €	-22.0%	420,5 k €	-14.5%	491,8 k €	+8.3%	454 k €	-0.6%	456,6 k €	+16.9%	390,7 k €
Operating result	533,5 k €	+322%	126,4 k €	-58.6%	305,7 k €	+277%	81 k €	+1019%	-8,8 k €	+88.1%	-73,8 k €	-121%	344,1 k €	+570%	51,4 k €	+76.5%	29,1 k €	-79.2%	139,8 k €	-56.9%	324,4 k €	+80.2%	180 k €	-30.3%	258,2 k €	+19.7%	215,7 k €	-23.2%	281 k €	-14.3%	328,1 k €	+36.6%	240,2 k €	+1.8%	235,9 k €	+7.4%	219,7 k €
Net result	400,5 k €	+563%	60,4 k €	-76.4%	255,6 k €	+463%	45,4 k €	+190%	-50,3 k €	+59.0%	-122,9 k €	-137%	333 k €	+1014%	29,9 k €	+30.4%	22,9 k €	-70.2%	76,9 k €	-63.4%	210,1 k €	+50.1%	139,9 k €	+5.2%	133,1 k €	-0.4%	133,6 k €	-10.8%	149,8 k €	-23.6%	196 k €	+43.1%	137 k €	+18.6%	115,5 k €	-9.6%	127,8 k €
Balance sheet
Equity	1,8 M €	+28.3%	1,4 M €	+4.5%	1,4 M €	+23.3%	1,1 M €	+4.3%	1,1 M €	-4.6%	1,1 M €	-10.0%	1,2 M €	+37.3%	891,9 k €	+3.5%	862 k €	-40.1%	1,4 M €	+5.6%	1,4 M €	+123%	612,1 k €	-46.3%	1,1 M €	+6.2%	1,1 M €	-1.1%	1,1 M €	+3.9%	1 M €	+20.4%	868,3 k €	+15.7%	750,6 k €	+14.7%	654,4 k €
Total assets	4,2 M €	+6.6%	3,9 M €	-10.7%	4,4 M €	+3.7%	4,2 M €	-1.8%	4,3 M €	-5.1%	4,6 M €	-2.2%	4,7 M €	+71.1%	2,7 M €	+4.8%	2,6 M €	-1.5%	2,6 M €	-0.6%	2,7 M €	-8.4%	2,9 M €	+2.7%	2,8 M €	+0.2%	2,8 M €	+16.4%	2,4 M €	+6.1%	2,3 M €	-6.6%	2,4 M €	+3.3%	2,4 M €	+15.6%	2 M €
Cash	204 k €	+78.5%	114,3 k €	+38.7%	82,4 k €	+98.8%	41,4 k €	-27.9%	57,5 k €	-8.0%	62,5 k €	-55.3%	139,9 k €	-41.1%	237,4 k €	+260%	66 k €	+72.9%	38,2 k €	-14.0%	44,4 k €	-78.8%	209 k €	+40.3%	149 k €	-46.0%	276,1 k €	+74.0%	158,6 k €	+171%	58,6 k €	-42.7%	102,3 k €	+75.1%	58,4 k €	+4.3%	56 k €
Debts	2,4 M €	-5.7%	2,5 M €	-17.3%	3 M €	-1.6%	3,1 M €	-5.3%	3,3 M €	-5.3%	3,5 M €	+0.6%	3,4 M €	+87.6%	1,8 M €	+6.2%	1,7 M €	+44.3%	1,2 M €	-7.2%	1,3 M €	-43.6%	2,3 M €	+36.2%	1,7 M €	-3.6%	1,7 M €	+30.9%	1,3 M €	+7.7%	1,2 M €	-21.4%	1,6 M €	-2.3%	1,6 M €	+16.4%	1,4 M €
Other
Workforce	11,1 ETP	-4.3%	11,6 ETP	-3.3%	12,0 ETP	-7.0%	12,9 ETP	-4.4%	13,5 ETP	+12.5%	12,0 ETP	+62.2%	7,4 ETP	+76.2%	4,2 ETP	+2.4%	4,1 ETP	-29.3%	5,8 ETP	-3.3%	6,0 ETP	-3.2%	6,2 ETP	+14.8%	5,4 ETP	0.0%	5,4 ETP	+12.5%	4,8 ETP	+14.3%	4,2 ETP	-27.6%	5,8 ETP	-19.4%	7,2 ETP	+14.3%	6,3 ETP

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 31/12/2024 · 1 active · 2 ended

Active mandates

VERVAEKE WINDBREAKS

Director · 0542.921.569

Represented by Kristof Blockeel

Active

Ended mandates

GEERT VERVAEKE

Manager

Ended

VERVAEKE WINDBREAKS

Manager · 0542.921.569

Represented by Kristof Blockeel

Ended

At this address

Other companies at this address

Company	CBE no.
JBK HOLDING● Active	0645.621.508

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/09/2025	25/03/2024	05/07/2023	27/07/2022	30/09/2021	24/12/2020
General meeting	09/09/2025	18/03/2024	28/06/2023	29/06/2022	15/09/2021	13/11/2020
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	09/09/2025	12/09/2025	Dutch	PDF
Abridged model	31/12/2023	18/03/2024	25/03/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	15/09/2021	30/09/2021	Dutch	PDF
Abridged model	31/12/2019	13/11/2020	24/12/2020	Dutch	PDF
Abridged model	31/12/2018	10/10/2019	30/10/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	17/08/2018	29/10/2018	Dutch	PDF
Abridged model	31/12/2017	17/08/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	18/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/08/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	24/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/08/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	22/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	01/07/2008	Dutch	PDF
Abridged modelCorrection	31/12/2006	27/06/2007	28/09/2007	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	02/07/2007	Dutch	PDF

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 31/12/2024 · 1 active · 2 ended

Active mandates

VERVAEKE WINDBREAKS

Director · 0542.921.569

Represented by Kristof Blockeel

Active

Ended mandates

GEERT VERVAEKE

Manager

Ended

VERVAEKE WINDBREAKS

Manager · 0542.921.569

Represented by Kristof Blockeel

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/08/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/10/2015
DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/12/2005
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 2024400,5 k €↑
2023
Annual accounts 202360,4 k €↓
2022
Annual accounts 2022255,6 k €↑
2021
Annual accounts 202145,4 k €↑
2020
Annual accounts 2020-50,3 k €↑
2019
Annual accounts 2019-122,9 k €↓
2018
Annual accounts 2018333 k €↑
2017
Annual accounts 201729,9 k €↑
2016
Annual accounts 201622,9 k €↓
2015
Annual accounts 201576,9 k €↓
2014
Annual accounts 2014210,1 k €↑
2013
Annual accounts 2013139,9 k €↑
2012
Annual accounts 2012133,1 k €↓
2011
Annual accounts 2011133,6 k €↓
2010
Annual accounts 2010149,8 k €↓
2009
Annual accounts 2009196 k €↑
2008
Annual accounts 2008137 k €↑
2007
Annual accounts 2007115,5 k €↓
2006
Annual accounts 2006127,8 k €
01/01/1995
IncorporationPrivate 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

VERVAEKE

Overview

What does VERVAEKE do?

Trend over 19 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