ACTIVE

VERDEVAR

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Financial year 2025 · closed on 30/06/2025

Net result

350,3 k €

+820.5% YoY

Gross margin

408,5 k €

+457.3% YoY

Equity

270,6 k €

+371.3% YoY

What does VERDEVAR do?

VERDEVAR is a Private limited company incorporated in 2003. Its main activity is: Growing of citrus fruits. Its registered office is in Pittem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.961.004

Incorporation

02/12/2003

Legal form

Private limited company

Registered office

Landouwestraat 4
8740 Pittem · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

01232Growing of citrus fruits· main 01462Raising of swine/pigs 01462Raising of swine/pigs 01130Growing of vegetables and melons, roots and tubers 01420Raising of other cattle and buffaloes 01620Support activities for animal production+1

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	408,5 k €	+457%	73,3 k €	-35.1%	113,0 k €	+155%	-203,7 k €	-45.8%	-139,7 k €	-197%	143,4 k €	+29.4%	110,9 k €	+294%	-57,3 k €	-140%	144,6 k €	+66.3%	87,0 k €	+11.3%	78,2 k €	+13.9%	68,6 k €	+23.5%	55,5 k €	+19.6%	46,4 k €	+0.6%	46,1 k €	-8.1%	50,2 k €	+35.4%	37,1 k €	-0.1%	37,1 k €	-35.5%	57,6 k €
EBITDA	396,9 k €	+512%	64,9 k €	-37.1%	103,2 k €	+150%	-208,3 k €	-39.4%	-149,4 k €	-212%	133,7 k €	+26.0%	106,2 k €	+257%	-67,8 k €	-149%	136,9 k €	+74.4%	78,5 k €	+5.0%	74,8 k €	+16.1%	64,4 k €	+22.5%	52,6 k €	+23.9%	42,4 k €	-1.6%	43,1 k €	-8.4%	47,1 k €	+40.2%	33,6 k €	-0.5%	33,7 k €	-37.6%	54,0 k €
Operating result	356,7 k €	+805%	39,4 k €	-41.8%	67,8 k €	+128%	-244,0 k €	-32.0%	-184,9 k €	-307%	89,6 k €	+49.3%	60,0 k €	+152%	-116,3 k €	-245%	80,0 k €	+94.3%	41,2 k €	+9.9%	37,5 k €	+32.6%	28,2 k €	+63.6%	17,3 k €	+125%	7,7 k €	+16.9%	6,6 k €	-54.0%	14,3 k €	+37.8%	10,4 k €	+8.3%	9,6 k €	-68.4%	30,3 k €
Net result	350,3 k €	+821%	38,1 k €	-42.2%	65,9 k €	+127%	-241,5 k €	-26.9%	-190,4 k €	-361%	73,0 k €	+60.2%	45,6 k €	+143%	-105,6 k €	-338%	44,4 k €	+64.9%	26,9 k €	-31.1%	39,1 k €	+244%	11,4 k €	+35.7%	8,4 k €	+3424%	237,5 €	-31.2%	345,1 €	-92.0%	4,3 k €	+410%	842,1 €	+18.5%	710,7 €	-95.1%	14,5 k €
Balance sheet
Equity	270,6 k €	+371%	-99,7 k €	+27.6%	-137,8 k €	+32.3%	-203,7 k €	-638%	37,9 k €	-83.4%	228,2 k €	+47.1%	155,2 k €	+41.6%	109,6 k €	-52.6%	231,0 k €	+23.3%	187,3 k €	+16.3%	161,1 k €	+53.8%	104,8 k €	+12.2%	93,4 k €	+9.8%	85,0 k €	+0.3%	84,8 k €	+22.1%	69,5 k €	+6.6%	65,2 k €	+1.3%	64,3 k €	+1.1%	63,6 k €
Total assets	1,3 M €	+33.6%	975,0 k €	-10.0%	1,1 M €	+18.2%	917,2 k €	-6.3%	979,1 k €	-4.8%	1,0 M €	+5.3%	977,3 k €	+8.0%	904,8 k €	-3.2%	934,6 k €	+6.5%	877,9 k €	-9.3%	967,7 k €	-7.3%	1,0 M €	+39.1%	750,6 k €	+82.8%	410,7 k €	-9.1%	451,7 k €	+18.2%	382,3 k €	+25.0%	305,7 k €	+3.1%	296,6 k €	+13.9%	260,5 k €
Cash	253,8 k €	+177%	91,6 k €	-46.4%	171,0 k €	+60.9%	106,2 k €	-21.5%	135,4 k €	-43.4%	239,4 k €	+86.2%	128,6 k €	+49.6%	85,9 k €	-32.8%	128,0 k €	+1045%	11,2 k €	-72.9%	41,2 k €	+212%	13,2 k €	-87.1%	102,4 k €	+331%	23,7 k €	-51.6%	49,1 k €	-32.9%	73,2 k €	+430%	13,8 k €	-65.9%	40,5 k €	+537%	6,3 k €
Debts	1,0 M €	-3.9%	1,1 M €	-12.0%	1,2 M €	+9.0%	1,1 M €	+19.2%	939,1 k €	+17.7%	798,1 k €	-2.7%	820,5 k €	+3.2%	795,2 k €	+13.4%	701,2 k €	+1.8%	688,9 k €	-14.4%	804,8 k €	-14.3%	938,9 k €	+42.9%	657,2 k €	+102%	325,6 k €	-11.2%	366,9 k €	+17.3%	312,8 k €	+30.0%	240,6 k €	+3.6%	232,3 k €	+18.0%	196,9 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 30/06/2025 · 1 active · 3 ended

Active mandates

Marleen Dendoncker

Director · since 02 décembre 2003

Active

Ended mandates

Bart Verhelle

Manager

Ended

Marleen Dendoncker

Director

Ended

Marleen Dendoncker

Manager

Ended

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/02/2026	10/02/2025	22/02/2024	27/01/2023	22/12/2021	28/01/2021
General meeting	31/10/2025	31/10/2024	31/10/2023	31/10/2022	29/10/2021	30/10/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	31/10/2025	02/02/2026	Dutch	PDF
Abridged model	30/06/2024	31/10/2024	10/02/2025	Dutch	PDF
Abridged model	30/06/2023	31/10/2023	22/02/2024	Dutch	PDF
Abridged model	30/06/2022	31/10/2022	27/01/2023	Dutch	PDF
Abridged model	30/06/2021	29/10/2021	22/12/2021	Dutch	PDF
Abridged model	30/06/2020	30/10/2020	28/01/2021	Dutch	PDF
Abridged model	30/06/2019	31/10/2019	28/11/2019	Dutch	PDF
Abridged model	30/06/2018	31/10/2018	28/11/2018	Dutch	PDF
Abridged model	30/06/2017	31/10/2017	30/11/2017	Dutch	PDF
Abridged model	30/06/2016	31/10/2016	29/11/2016	Dutch	PDF
Abridged model	30/06/2015	30/10/2015	30/11/2015	Dutch	PDF
Abridged model	30/06/2014	31/10/2014	17/12/2014	Dutch	PDF
Abridged model	30/06/2013	31/10/2013	19/12/2013	Dutch	PDF
Abridged model	30/06/2012	31/10/2012	01/02/2013	Dutch	PDF
Abridged model	30/06/2011	31/10/2011	26/01/2012	Dutch	PDF
Abridged model	30/06/2010	29/10/2010	07/01/2011	Dutch	PDF
Abridged model	30/06/2009	30/10/2009	24/12/2009	Dutch	PDF
Abridged model	30/06/2008	31/10/2008	29/01/2009	Dutch	PDF
Abridged model	30/06/2007	31/10/2007	08/01/2008	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 30/06/2025 · 1 active · 3 ended

Active mandates

Marleen Dendoncker

Director · since 02 décembre 2003

Active

Ended mandates

Bart Verhelle

Manager

Ended

Marleen Dendoncker

Director

Ended

Marleen Dendoncker

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other09/12/2003
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

2025
Annual accounts 2025350,3 k €↑
2024
Annual accounts 202438,1 k €↓
2023
Annual accounts 202365,9 k €↑
2022
Annual accounts 2022-241,5 k €↓
2021
Annual accounts 2021-190,4 k €↓
2020
Annual accounts 202073,0 k €↑
2019
Annual accounts 201945,6 k €↑
2018
Annual accounts 2018-105,6 k €↓
2017
Annual accounts 201744,4 k €↑
2016
Annual accounts 201626,9 k €↓
2015
Annual accounts 201539,1 k €↑
2014
Annual accounts 201411,4 k €↑
2013
Annual accounts 20138,4 k €↑
2012
Annual accounts 2012237,5 €↓
2011
Annual accounts 2011345,1 €↓
2010
Annual accounts 20104,3 k €↑
2009
Annual accounts 2009842,1 €↑
2008
Annual accounts 2008710,7 €↓
2007
Annual accounts 200714,5 k €
02/12/2003
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

VERDEVAR

Overview

What does VERDEVAR do?

Trend over 19 financial years

Indicative valuation

Board of directors

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