ACTIVE

VERVAERT

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Financial year 2025 · closed on 31/12/2025

Net result

143 k €

-56.9% YoY

Gross margin

534,7 k €

-34.1% YoY

Equity

1,5 M €

+10.5% YoY

Workforce

7,8 ETP

+1.3% YoY

What does VERVAERT do?

VERVAERT is a Private limited company incorporated in 2009. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Ixelles. It employs on average 7,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0817.830.061

Incorporation

17/08/2009

Legal form

Private limited company

Registered office

Avenue des Saisons 90
1050 Ixelles · BruxellesSee on map

Contributed capital

8 060,00 €

Latest accounts

31/12/2025

Average workforce

7,8 ETP

Activities (NACE)

43221Plumbing, heat and air-conditioning installation· main 43221Plumbing, heat and air-conditioning installation

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	534,7 k €	-34.1%	811,3 k €	+71.6%	472,8 k €	+11.8%	423,1 k €	-36.0%	661,5 k €	+68.8%	391,9 k €	+8.2%	362 k €	-12.6%	414 k €	-15.4%	489,3 k €	+18.8%	411,8 k €	+32.2%	311,4 k €	+60.2%	194,4 k €	-23.2%	253 k €	+23.5%	204,8 k €	+37.2%	149,3 k €	+377%	31,3 k €
EBITDA	284,5 k €	-43.5%	503,2 k €	+217%	158,5 k €	-4.3%	165,7 k €	-57.1%	386,5 k €	+284%	100,6 k €	-17.9%	122,5 k €	-26.0%	165,6 k €	+13.7%	145,7 k €	+14.1%	127,6 k €	+52.7%	83,6 k €	+60.4%	52,1 k €	+22.3%	42,6 k €	-44.0%	76 k €	-12.1%	86,5 k €	+339%	19,7 k €
Operating result	249,3 k €	-47.5%	474,8 k €	+296%	119,8 k €	-5.2%	126,4 k €	-63.2%	343,6 k €	+501%	57,2 k €	-29.1%	80,6 k €	-35.4%	124,8 k €	+204%	41 k €	-24.1%	54 k €	-15.0%	63,6 k €	+90.4%	33,4 k €	+75.9%	19 k €	-63.2%	51,6 k €	+83.5%	28,1 k €	+258%	7,9 k €
Net result	143 k €	-56.9%	331,8 k €	+388%	68,1 k €	-5.7%	72,1 k €	-68.6%	229,9 k €	+766%	26,5 k €	+0.8%	26,3 k €	-61.2%	67,9 k €	+6073%	1,1 k €	-94.1%	18,7 k €	-25.4%	25 k €	+992%	-2,8 k €	+65.8%	-8,2 k €	-134%	24,4 k €	+41.9%	17,2 k €	+529%	2,7 k €
Balance sheet
Equity	1,5 M €	+10.5%	1,4 M €	-5.8%	1,4 M €	+17.4%	1,2 M €	0.0%	1,2 M €	+20.8%	1 M €	+2.7%	989,6 k €	+2.7%	963,2 k €	+1042%	84,3 k €	+1.3%	83,2 k €	+28.9%	64,5 k €	+63.4%	39,5 k €	-6.6%	42,3 k €	-16.2%	50,5 k €	+93.4%	26,1 k €	+192%	8,9 k €
Total assets	3,1 M €	+12.1%	2,7 M €	-2.5%	2,8 M €	+11.1%	2,5 M €	-7.7%	2,7 M €	-0.8%	2,8 M €	+2.4%	2,7 M €	+6.3%	2,5 M €	+67.1%	1,5 M €	+50.5%	1 M €	+42.4%	708,9 k €	-7.6%	767,2 k €	+6.6%	719,8 k €	-0.8%	725,8 k €	+45.1%	500,1 k €	+309%	122,2 k €
Cash	27,3 k €	+364%	5,9 k €	-72.3%	21,2 k €	+634%	2,9 k €	-96.5%	82,1 k €	+524%	13,2 k €	+43.7%	9,2 k €	-80.4%	46,7 k €	+78.0%	26,2 k €	+61.9%	16,2 k €	-58.6%	39,1 k €	+137%	16,5 k €	+1107%	1,4 k €	-96.4%	38,2 k €	+78.2%	21,4 k €	+126154%	17 €
Debts	1,4 M €	+21.4%	1,1 M €	-10.4%	1,2 M €	+5.8%	1,2 M €	-16.2%	1,4 M €	-19.8%	1,7 M €	+2.2%	1,7 M €	+8.5%	1,6 M €	+9.8%	1,4 M €	+55.0%	926,3 k €	+43.8%	644,3 k €	-3.5%	667,7 k €	+3.1%	647,5 k €	-4.1%	675,3 k €	+42.5%	474 k €	+319%	113,2 k €
Other
Workforce	7,8 ETP	+1.3%	7,7 ETP	-14.4%	9,0 ETP	+18.4%	7,6 ETP	-6.2%	8,1 ETP	-1.2%	8,2 ETP	+22.4%	6,7 ETP	-13.0%	7,7 ETP	-17.2%	9,3 ETP	0.0%	9,3 ETP	+36.8%	6,8 ETP	+51.1%	4,5 ETP	-15.1%	5,3 ETP	+8.2%	4,9 ETP	+75.0%	2,8 ETP	+180%	1,0 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 31/12/2025 · 1 active · 6 ended

Active mandates

RYAN DEUVAERT

Director · since 13 décembre 2023

Active

Ended mandates

DEUVAERT RYAN

Director · since 17 août 2009

Ended

RYAN DEVAERT

Manager · since 17 août 2009

Ended

VERHAVERBEKE TOM

Manager · since 17 août 2009

Ended

DEUVAERT RYAN

Director · since 13 août 2009

Ended

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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	15/09/2026	30/09/2025	27/09/2024	23/08/2023	19/08/2022	27/10/2021
General meeting	14/09/2026	26/09/2025	26/09/2024	16/08/2023	16/08/2022	22/10/2021
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	14/09/2026	15/09/2026	French	PDF
Abridged model	31/12/2024	26/09/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	26/09/2024	27/09/2024	French	PDF
Abridged model	31/12/2022	16/08/2023	23/08/2023	French	PDF
Abridged modelCorrection	31/12/2021	16/08/2022	19/08/2022	French	PDF
Abridged model	31/12/2021	25/07/2022	26/07/2022	French	PDF
Abridged model	31/12/2020	22/10/2021	27/10/2021	French	PDF
Abridged model	31/12/2019	21/10/2020	23/10/2020	French	PDF
Abridged model	31/12/2018	07/10/2019	09/10/2019	French	PDF
Abridged model	31/12/2017	12/09/2018	25/09/2018	French	PDF
Abridged model	31/12/2016	14/06/2017	04/07/2017	French	PDF
Abridged model	31/12/2015	28/07/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	28/09/2015	French	PDF
Abridged model	31/12/2013	29/09/2014	29/09/2014	French	PDF
Abridged model	31/12/2012	28/08/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	05/07/2012	05/07/2012	French	PDF
Abridged model	31/12/2010	25/08/2011	30/08/2011	French	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 31/12/2025 · 1 active · 6 ended

Active mandates

RYAN DEUVAERT

Director · since 13 décembre 2023

Active

Ended mandates

DEUVAERT RYAN

Director · since 17 août 2009

Ended

RYAN DEVAERT

Manager · since 17 août 2009

Ended

VERHAVERBEKE TOM

Manager · since 17 août 2009

Ended

DEUVAERT RYAN

Director · since 13 août 2009

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2017
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates24/10/2012
DEMISSIONS, NOMINATIONS
PDF
Other20/04/2011
OBJET
PDF
Mandates02/02/2011
DENOMINATION - SIEGE SOCIAL
PDF
Other26/08/2009
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025143 k €↓
2024
Annual accounts 2024331,8 k €↑
2023
Annual accounts 202368,1 k €↓
2022
Annual accounts 202272,1 k €↓
2021
Annual accounts 2021229,9 k €↑
2020
Annual accounts 202026,5 k €↑
2019
Annual accounts 201926,3 k €↓
2018
Annual accounts 201867,9 k €↑
2017
Annual accounts 20171,1 k €↓
2016
Annual accounts 201618,7 k €↓
2015
Annual accounts 201525 k €↑
2014
Annual accounts 2014-2,8 k €↑
2013
Annual accounts 2013-8,2 k €↓
2012
Annual accounts 201224,4 k €↑
2011
Annual accounts 201117,2 k €↑
2010
Annual accounts 20102,7 k €
17/08/2009
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

VERVAERT

Overview

What does VERVAERT do?

Trend over 16 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