ACTIVE

Vercaro

Financial year 2025 · closed on 31/03/2025
Net result
408 k €
-25.3% YoY
Revenue
33,8 M €
+12.6% YoY
Equity
3 M €
+15.6% YoY
Workforce
42,9 ETP
+10.3% YoY

What does Vercaro do?

Vercaro is a Private limited company incorporated in 2011. Its main activity is: Wholesale of meat and meat products. Its registered office is in Wetteren. It employs on average 42,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0833.748.058
Incorporation
15/02/2011
Legal form
Private limited company
Registered office
Kwatrechtsteenweg 109
9230 Wetteren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Average workforce
42,9 ETP
Joint committees (2)
  • 119
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Revenue33,8 M €30 M €28,2 M €24,8 M €15,6 M €14,9 M €
EBITDA910,7 k €1 M €746,6 k €472,6 k €435,2 k €341,1 k €552,6 k €631,6 k €583,3 k €510,7 k €505,6 k €450,1 k €534,6 k €386,4 k €
Operating result583,7 k €761,9 k €528,1 k €289,1 k €254 k €152,3 k €386,1 k €513,1 k €403 k €349,4 k €321,9 k €244,9 k €356,8 k €221 k €
Net result408 k €546,4 k €368,9 k €190,1 k €156,6 k €92,9 k €247,9 k €310,1 k €238,5 k €193,7 k €186,8 k €137,6 k €197,9 k €126,3 k €
Balance sheet
Equity3 M €2,6 M €2,1 M €1,7 M €1,5 M €1,4 M €1,3 M €1,2 M €899,5 k €861 k €667,3 k €480,5 k €342,9 k €144,9 k €
Total assets6,6 M €6,2 M €6 M €4,8 M €5,4 M €4,7 M €4,3 M €3,9 M €3,9 M €3,4 M €3,2 M €3,1 M €2,9 M €2,6 M €
Cash182,3 k €374,1 k €239,6 k €203,2 k €179,2 k €249,1 k €498,4 k €395,8 k €503,5 k €537,5 k €206,4 k €180,2 k €250,7 k €311,4 k €
Debts3,6 M €3,6 M €3,8 M €3 M €3,8 M €3,3 M €3 M €2,7 M €2,9 M €2,5 M €2,5 M €2,6 M €2,3 M €2,3 M €
Other
Workforce42,9 ETP38,9 ETP38,9 ETP36,8 ETP32,9 ETP35,0 ETP34,5 ETP32,7 ETP30,8 ETP30,8 ETP28,8 ETP28,1 ETP26,7 ETP24,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 13 ended

Active mandates

Dirk Vercauteren

Director · since 02 mars 2023

Active
Recrova

Director · since 02 mars 2023 · 0650.840.997

Represented by Lauwrensens FRANKY

Active

Ended mandates

Dirk VERCAUTEREN

Manager · since 02 mars 2023 · until 02 mars 2027

Ended
Recrova

Director · since 02 mars 2023 · 0650.840.997

Represented by Lauwrensens FRANKY

Ended
Recrova

Manager · since 02 mars 2023 · until 02 mars 2027 · 0650.840.997

Represented by Franky LAUWRENSENS

Ended
DIRK VERCAUTEREN

Director · since 23 mars 2016 · until 22 février 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
0692.969.285
GARAGE ROGIERSActive
0860.633.587
RecrovaActive
0650.840.997
VERCAROActive
0429.810.760
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/10/202531/10/202401/12/202304/10/202216/11/202114/12/2020
General meeting19/09/202520/09/202415/09/202316/09/202229/10/202130/10/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202519/09/202517/10/2025DutchPDF
Full model31/03/202420/09/202431/10/2024DutchPDF
Full model31/03/202315/09/202301/12/2023DutchPDF
Full model31/03/202216/09/202204/10/2022DutchPDF
Abridged model31/03/202129/10/202116/11/2021DutchPDF
Abridged model31/03/202030/10/202014/12/2020DutchPDF
Abridged model31/03/201931/10/201908/11/2019DutchPDF
Abridged model31/03/201821/09/201831/10/2018DutchPDF
Abridged model31/03/201715/09/201709/10/2017DutchPDF
Abridged model31/03/201616/09/201603/10/2016DutchPDF
Abridged model31/03/201518/09/201521/09/2015DutchPDF
Abridged model31/03/201419/09/201406/10/2014DutchPDF
Abridged model31/03/201320/09/201326/09/2013DutchPDF
Abridged model31/03/201212/10/201213/11/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/03/2025 · 2 active · 13 ended

Active mandates

Dirk Vercauteren

Director · since 02 mars 2023

Active
Recrova

Director · since 02 mars 2023 · 0650.840.997

Represented by Lauwrensens FRANKY

Active

Ended mandates

Dirk VERCAUTEREN

Manager · since 02 mars 2023 · until 02 mars 2027

Ended
Recrova

Director · since 02 mars 2023 · 0650.840.997

Represented by Lauwrensens FRANKY

Ended
Recrova

Manager · since 02 mars 2023 · until 02 mars 2027 · 0650.840.997

Represented by Franky LAUWRENSENS

Ended
DIRK VERCAUTEREN

Director · since 23 mars 2016 · until 22 février 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/02/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025408 k €
  2. 2024
    Annual accounts 2024546,4 k €
  3. 2023
    Annual accounts 2023368,9 k €
  4. 2022
    Annual accounts 2022190,1 k €
  5. 2021
    Annual accounts 2021156,6 k €
  6. 2020
    Annual accounts 202092,9 k €
  7. 2019
    Annual accounts 2019247,9 k €
  8. 2018
    Annual accounts 2018310,1 k €
  9. 2017
    Annual accounts 2017238,5 k €
  10. 2016
    Annual accounts 2016193,7 k €
  11. 2015
    Annual accounts 2015186,8 k €
  12. 2014
    Annual accounts 2014137,6 k €
  13. 2013
    Annual accounts 2013197,9 k €
  14. 2012
    Annual accounts 2012126,3 k €
  15. 15/02/2011
    IncorporationPrivate limited company