Vercoutter Construct
Annual accounts 2025
abbreviated format, filed on 09-02-2026, 9 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €560,000. Estimated: probably between €440,000 and €1.0m.
Balance sheet
balance sheet total €1.3m on 30-06-2025in euro
in euro
Position in the sector
50.2%
Higher than 48% of 10,857 companies in 2025.
3.69
Higher than 73% of 10,479 companies in 2025.
20.0%
Higher than 81% of 10,726 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
1.3m | 1.3m | 1.1m | 1.1m | 906,834 | 388,885 | |
21/28 |
1.1m | 1.1m | 759,035 | 769,612 | 743,423 | 1,933 | |
22/27 |
1.1m | 1.1m | 743,435 | 754,012 | 743,423 | 1,933 | |
22 |
1.0m | 1.0m | 740,099 | 748,914 | 736,563 | - | |
23 |
331 | 741 | 1,151 | 1,561 | 1,970 | - | |
24 |
47,613 | 63,566 | 2,185 | 3,538 | 4,890 | 1,933 | |
28 |
15,850 | 15,600 | 15,600 | 15,600 | - | - | |
29/58 |
241,590 | 187,839 | 365,181 | 323,360 | 163,411 | 386,951 | |
40/41 |
12,745 | 144 | 14,904 | 66 | 16,186 | 12,314 | |
41 |
12,745 | 144 | 14,904 | 66 | 16,186 | 12,314 | |
54/58 |
227,541 | 186,863 | 350,195 | 322,973 | 146,927 | 374,637 | |
490/1 |
1,304 | 832 | 82 | 321 | 298 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
1.3m | 1.3m | 1.1m | 1.1m | 906,834 | 388,885 | |
10/15 |
655,879 | 472,509 | 366,497 | 296,371 | 83,537 | 27,494 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
637,279 | 453,909 | 347,897 | 277,771 | 64,937 | 8,894 | |
133 |
637,279 | 453,909 | 347,897 | 277,771 | 64,937 | 8,894 | |
17/49 |
651,673 | 806,032 | 757,719 | 796,601 | 823,297 | 361,391 | |
17 |
586,136 | 737,427 | 724,456 | 745,293 | 795,857 | - | |
170/4 |
381,521 | 431,843 | 325,135 | 351,196 | 376,996 | - | |
178/9 |
204,615 | 305,584 | 399,321 | 394,097 | 418,861 | - | |
42/48 |
65,537 | 68,605 | 33,262 | 51,308 | 27,440 | 361,391 | |
42 |
49,210 | 46,975 | 26,061 | 25,800 | 25,532 | - | |
44 |
10,797 | 4,898 | 2,834 | 1,036 | 121 | 1,947 | |
440/4 |
10,797 | 4,898 | 2,834 | 1,036 | 121 | 1,947 | |
45 |
5,529 | 16,430 | 4,367 | 23,017 | 1,787 | 790 | |
450/3 |
5,529 | 16,430 | 4,367 | 23,017 | 1,787 | 790 | |
47/48 |
- | 302 | - | 1,456 | - | 358,654 | |
| Income statement | |||||||
9900 |
371,392 | 360,009 | 179,721 | 333,992 | 183,258 | 54,416 | |
630 |
35,478 | 67,144 | 15,662 | 14,955 | 79,285 | 2,063 | |
640/8 |
4,368 | 6,176 | 2,076 | 715 | 1,195 | 788 | |
9901 |
331,545 | 286,688 | 161,983 | 318,322 | 102,777 | 51,565 | |
75/76B |
3,488 | 5,659 | 2,304 | 1,263 | - | 1,324 | |
75 |
3,488 | 5,659 | 2,304 | 1,263 | - | 1,324 | |
65/66B |
8,709 | 7,338 | 4,004 | 4,199 | 2,577 | 22 | |
65 |
8,709 | 7,338 | 4,004 | 4,199 | 2,577 | 22 | |
9903 |
326,324 | 285,009 | 160,283 | 315,387 | 100,200 | 52,867 | |
67/77 |
64,436 | 53,997 | 25,159 | 62,552 | 14,036 | 2,775 | |
9904 |
261,888 | 231,012 | 135,124 | 252,834 | 86,165 | 50,092 | |
9905 |
261,888 | 231,012 | 135,124 | 252,834 | 86,165 | 50,092 | |
| Appropriation of the result | |||||||
9906 |
261,888 | 231,012 | 135,124 | 252,834 | 86,165 | 50,092 | |
691/2 |
183,370 | 106,012 | 70,126 | 212,834 | 56,043 | 8,894 | |
6921 |
183,370 | 106,012 | 70,126 | 212,834 | 56,043 | 8,894 | |
694/7 |
78,519 | 125,000 | 64,998 | 40,000 | 30,122 | 41,198 | |
694 |
28,519 | 75,000 | 24,998 | - | - | - | |
695 |
50,000 | 50,000 | 40,000 | 40,000 | 30,122 | 41,198 | |
| Document | |||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 9 days after the deadline. Filed on 9 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00036587.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 09-02-2026 | 2026-00036587 | |
| 30-06-2024 | abbreviated format | 24-01-2025 | 2025-00012786 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00021445 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00016241 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02600298 | |
| 30-06-2020 | abbreviated format | 26-02-2021 | 2021-06500047 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 367,024 | 353,832 | 177,645 | 333,277 | 182,062 | 53,628 | ||
| 297,367 | 298,156 | 150,786 | 267,789 | 165,450 | 52,155 | ||
| 10,738 | 398,812 | 5,084 | 41,144 | 820,775 | 3,996 | ||
| 40,677 | -163,332 | 27,222 | 176,046 | -227,711 | - | ||
| 176,053 | 119,233 | 331,919 | 272,052 | 135,971 | 25,561 | ||
| 50.2% | 37.0% | 32.6% | 27.1% | 9.2% | 7.1% | ||
| 3.69 | 2.74 | 10.98 | 6.30 | 5.96 | 1.07 | ||
| 0.99 | 1.71 | 2.07 | 2.69 | 9.86 | 13.14 | ||
| 39.9% | 48.9% | 36.9% | 85.3% | 103.1% | 182.2% | ||
| 20.0% | 18.1% | 12.0% | 23.1% | 9.5% | 12.9% | ||
| 42.14 | 48.22 | 44.36 | 79.38 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €10,488 | €398,812 | €5,084 | €25,544 |
| Financial fixed assets | €250 | - | - | €15,600 |
| €35,478 | €67,144 | €15,662 | €14,955 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Vercoutter Construct
The operating result for 2025 is 16% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 63.0% to 49.8%. Equity is higher and debt is lower.