VERDICON
Annual accounts 2025
micro format, filed on 27-08-2026, 27 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.
Balance sheet
balance sheet total €4.1m on 31-12-2025in €m
in euro
Position in the sector
26.8%
Higher than 31% of 3,343 companies in 2025.
-0.3%
Higher than 16% of 3,284 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
4.1m | 3.1m | 2.1m | 1.7m | 1.3m | 1.2m | 1.2m | 891,841 | 840,693 | 791,246 | 722,280 | 724,755 | 638,374 | 632,436 | 550,704 | 516,287 | 503,205 | 507,280 | 540,284 | 336,925 | |
21/28 |
3.8m | 3.0m | 2.0m | 1.5m | 978,264 | 1.0m | 1.1m | 487,582 | 284,471 | 307,296 | 333,576 | 352,946 | 376,292 | 399,639 | 421,421 | 442,666 | 465,886 | 489,106 | 512,634 | 256,496 | |
22/27 |
3.8m | 3.0m | 2.0m | 1.5m | 978,264 | 1.0m | 1.1m | 487,582 | 284,471 | 307,296 | 333,576 | 352,946 | 376,292 | 399,639 | 421,421 | 442,666 | 465,886 | 489,106 | 512,634 | 256,496 | |
22 |
3.2m | 2.3m | 1.9m | 933,873 | 976,157 | 1.0m | 492,327 | 261,645 | 284,471 | 307,296 | 330,121 | 352,946 | 375,771 | 398,596 | 421,421 | 442,666 | 465,886 | 489,106 | 512,326 | 255,446 | |
23 |
432 | 881 | 1,818 | 1,298 | 2,107 | 195 | 1,361 | 1,941 | - | - | - | - | 522 | 1,043 | - | - | - | 0 | 309 | 1,050 | |
24 |
583,462 | 199,488 | 105,889 | - | - | - | - | - | 0 | - | 3,455 | - | - | - | - | - | - | - | - | - | |
27 |
79,959 | 433,991 | - | 541,058 | - | - | 566,927 | 223,996 | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
284,075 | 172,984 | 149,307 | 224,829 | 317,593 | 189,897 | 186,128 | 404,259 | 556,222 | 483,950 | 388,704 | 371,809 | 262,082 | 232,797 | 129,283 | 73,621 | 37,320 | 18,175 | 27,650 | 80,429 | |
29 |
6,125 | 8,345 | 10,565 | 12,785 | 15,005 | 17,225 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
6,125 | 8,345 | 10,565 | 12,785 | 15,005 | 17,225 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
275,758 | 137,874 | 32,977 | 61,323 | 37,841 | 41,992 | 62,525 | 57,123 | 28,681 | 26,828 | 26,053 | 19,573 | 31,906 | 37,593 | 19,514 | 49,918 | 23,062 | 7,039 | 11,033 | 28,538 | |
40 |
216,587 | 110,556 | 13,382 | 15,503 | 8,033 | 19,461 | 16,569 | 29,724 | 451 | 451 | 10,962 | 1,042 | 9,089 | 14,323 | 1,085 | 33,800 | 23,062 | 7,039 | 11,033 | 12,059 | |
41 |
59,172 | 27,318 | 19,595 | 45,820 | 29,807 | 22,531 | 45,955 | 27,399 | 28,230 | 26,377 | 15,091 | 18,531 | 22,817 | 23,270 | 18,428 | 16,118 | - | - | - | 16,479 | |
54/58 |
261 | 15,839 | 89,365 | 139,245 | 261,990 | 125,002 | 122,570 | 346,104 | 509,380 | 440,616 | 350,304 | 340,115 | 218,914 | 181,292 | 93,045 | 22,705 | 4,664 | 11,135 | 13,876 | 49,039 | |
490/1 |
1,930 | 10,926 | 16,399 | 11,476 | 2,757 | 5,679 | 1,033 | 1,033 | 18,162 | 16,506 | 12,347 | 12,122 | 11,262 | 13,912 | 16,724 | 998 | 9,593 | 0 | 2,741 | 2,852 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
4.1m | 3.1m | 2.1m | 1.7m | 1.3m | 1.2m | 1.2m | 891,841 | 840,693 | 791,246 | 722,280 | 724,755 | 638,374 | 632,436 | 550,704 | 516,287 | 503,205 | 507,280 | 540,284 | 336,925 | |
10/15 |
1.1m | 1.1m | 1.1m | 1.1m | 944,406 | 891,533 | 862,359 | 825,658 | 776,085 | 710,372 | 650,564 | 604,742 | 520,692 | 466,986 | 396,146 | 356,485 | 329,809 | 297,970 | 253,324 | 251,858 | |
10/11 |
30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
100 |
- | - | - | - | - | - | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
13 |
3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | |
130/1 |
- | - | - | 3,099 | 3,099 | 3,099 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | 3,099 | |
1311 |
- | - | - | 3,099 | 3,099 | 3,099 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
3,099 | 3,099 | 3,099 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
1.1m | 1.1m | 1.1m | 1.0m | 910,321 | 857,448 | 828,274 | 791,573 | 742,000 | 676,287 | 616,479 | 570,656 | 486,606 | 432,901 | 362,061 | 322,400 | 295,724 | 263,884 | 219,238 | 217,772 | |
16 |
- | - | - | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 90,000 | 112,500 | 112,500 | 112,500 | 77,500 | 77,500 | 55,000 | 45,000 | |
160/5 |
- | - | - | - | - | - | - | - | 50,000 | 50,000 | 50,000 | 50,000 | 90,000 | 112,500 | 112,500 | 112,500 | 77,500 | 77,500 | 55,000 | 45,000 | |
162 |
- | - | - | - | - | - | - | - | 50,000 | 50,000 | - | - | - | - | - | - | - | - | - | - | |
17/49 |
3.0m | 2.0m | 1.0m | 648,590 | 351,451 | 314,563 | 384,383 | 66,183 | 14,608 | 30,874 | 21,716 | 70,014 | 27,683 | 52,950 | 42,058 | 47,302 | 95,896 | 131,811 | 231,960 | 40,067 | |
42/48 |
3.0m | 2.0m | 1.0m | 640,855 | 351,451 | 314,563 | 383,344 | 66,183 | 14,608 | 29,151 | 21,716 | 69,840 | 27,683 | 52,365 | 41,493 | 47,302 | 95,896 | 131,604 | 231,960 | 39,998 | |
44 |
201,410 | 21,496 | 2,105 | 140,841 | 47,548 | 13,280 | 82,287 | 66,183 | 1,425 | 1,218 | 1,162 | 7,870 | 1,742 | 14,172 | 6,422 | 17,778 | 7,157 | 3,121 | 19,101 | 3,633 | |
440/4 |
201,410 | 21,496 | 2,105 | 140,841 | 47,548 | 13,280 | 82,287 | 66,183 | 1,425 | 1,218 | 1,162 | 7,870 | 1,742 | 14,172 | 6,422 | 17,778 | 7,157 | 3,121 | 19,101 | 3,633 | |
45 |
- | - | - | 13 | 2,621 | - | - | - | 12,930 | 27,500 | 20,000 | 61,970 | 25,000 | 37,000 | 34,714 | 29,524 | 45,998 | 24,450 | 450 | 29,365 | |
450/3 |
- | - | - | 13 | 2,621 | - | - | - | 12,930 | 27,500 | 20,000 | 61,970 | 25,000 | 37,000 | 34,714 | 29,524 | 45,998 | 24,450 | 450 | 29,365 | |
47/48 |
2.8m | 2.0m | 1.0m | 500,000 | 301,283 | 301,283 | 301,057 | - | 252 | 434 | 554 | 0 | 940 | 1,194 | 357 | - | 42,741 | 104,033 | 212,409 | 7,000 | |
492/3 |
4,199 | 1,932 | 925 | 7,735 | - | - | 1,039 | - | - | 1,722 | - | 174 | 0 | 585 | 565 | - | - | 207 | - | 69 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | 9,587 | 2,400 | - | - | - | 9,209 | 41,960 | 22,500 | 8,188 | 169 | - | - | - | 151 | 1,595 | |
9900 |
288,211 | 259,220 | 142,756 | 200,534 | 123,379 | 94,459 | 144,738 | 64,974 | 132,596 | 123,901 | 89,047 | 116,217 | 96,766 | 114,501 | 99,579 | 118,389 | 84,205 | 121,800 | 66,098 | 101,266 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | 9,091 | 16,500 | 10,000 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
630 |
236,611 | 192,202 | 76,391 | 43,093 | 42,721 | 47,244 | 54,617 | 31,950 | 22,825 | 26,280 | 26,280 | 23,347 | 23,347 | 23,347 | 21,245 | 23,220 | 23,220 | 23,529 | 23,961 | 12,081 | |
631/4 |
26,894 | - | - | - | - | - | - | - | - | - | - | - | - | 1,161 | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | -50,000 | - | - | - | - | - | - | - | 35,000 | - | 22,500 | 10,000 | - | |
640/8 |
33,765 | 37,120 | 11,015 | 12,155 | 9,033 | 6,563 | 36,532 | 10,584 | 8,717 | 7,542 | 8,309 | 6,261 | 6,241 | 5,662 | 5,104 | 12,389 | 4,716 | 4,415 | 31,427 | 3,037 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,232 | - | - | - | - | - | |
9901 |
-9,058 | 29,897 | 55,350 | 145,286 | 71,625 | 40,652 | 53,589 | 72,440 | 101,053 | 90,079 | 54,458 | 77,518 | 50,678 | 74,331 | 70,730 | 45,280 | 53,769 | 68,857 | -1,791 | 83,648 | |
75/76B |
532 | 1,119 | 869 | 345 | 7 | 959 | - | - | 125 | 829 | 2,186 | 2,838 | 2,405 | 1,884 | 264 | 14 | 196 | 670 | 1,991 | 1,901 | |
75 |
532 | 1,119 | 869 | 345 | 7 | 959 | - | - | 125 | 829 | 2,186 | 2,838 | 2,405 | 1,884 | 264 | 14 | 196 | 670 | 1,991 | 1,901 | |
65/66B |
698 | 360 | 850 | 1,090 | 1,138 | 760 | 1,533 | 1,808 | 2,023 | 2,270 | 1,224 | 629 | 911 | 1,173 | 1,580 | 867 | 846 | 829 | 801 | 572 | |
65 |
698 | 360 | 850 | 1,090 | 1,138 | 760 | 1,533 | 1,808 | 2,023 | 2,270 | 1,224 | 629 | 911 | 1,173 | 1,580 | 867 | 846 | 829 | 801 | 572 | |
9903 |
-9,224 | 30,656 | 55,369 | 144,542 | 70,493 | 40,851 | 52,056 | 70,632 | 99,156 | 88,638 | 64,628 | 121,688 | 74,672 | 83,230 | 66,350 | 44,428 | 53,119 | 68,697 | -450 | 86,572 | |
67/77 |
1,881 | 7,780 | 13,963 | 36,480 | 17,621 | 11,677 | 15,355 | 21,060 | 33,443 | 28,830 | 18,806 | - | 20,966 | 12,390 | 26,690 | 17,752 | 21,279 | 24,051 | -1,915 | 42,788 | |
9904 |
-11,105 | 22,876 | 41,406 | 108,062 | 52,873 | 29,174 | 36,701 | 49,573 | 65,713 | 59,808 | 45,822 | 84,050 | 53,706 | 70,840 | 39,661 | 26,676 | 31,840 | 44,646 | 1,466 | 43,784 | |
9905 |
-11,105 | 22,876 | 41,406 | 108,062 | 52,873 | 29,174 | 36,701 | 49,573 | 65,713 | 59,808 | 45,822 | 84,050 | 53,706 | 70,840 | 39,661 | 26,676 | 31,840 | 44,646 | 1,466 | 43,784 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
1.1m | 1.1m | 1.1m | 1.0m | 910,321 | 857,448 | 828,274 | 791,573 | 742,000 | 676,287 | 616,479 | 570,656 | 486,606 | 432,901 | 362,061 | 322,400 | 295,724 | 263,884 | 219,238 | 217,772 | |
14P |
1.1m | 1.1m | 1.0m | 910,321 | 857,448 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00434434.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00434434 | |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00449589 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00312313 | |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00258437 | |
| 31-12-2021 | abbreviated format | 27-07-2022 | 2022-20240331 | |
| 31-12-2020 | abbreviated format | 24-07-2021 | 2021-40000015 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-37300141 | |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-40500090 | |
| 31-12-2017 | abbreviated format | 08-10-2018 | 2018-69000573 | |
| 31-12-2016 | abbreviated format | 10-01-2018 | 2018-00700352 | |
| 31-12-2015 | abbreviated format | 05-10-2016 | 2016-64900459 | |
| 31-12-2014 | abbreviated format | 30-09-2015 | 2015-61200477 | |
| 31-12-2013 | abbreviated format | 30-09-2015 | 2015-61200470 | |
| 31-12-2012 | abbreviated format | 24-12-2014 | 2014-70300234 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-55500257 | |
| 31-12-2010 | abbreviated format | 29-07-2011 | 2011-34600549 | |
| 31-12-2009 | abbreviated format | 02-08-2010 | 2010-38100450 | |
| 31-12-2008 | abbreviated format | 29-07-2009 | 2009-49300035 | |
| 31-12-2007 | abbreviated format | 01-08-2008 | 2008-52100062 | |
| 31-12-2006 | abbreviated format | 28-08-2007 | 2007-63600387 | |
| 31-12-2005 | abbreviated format | 01-08-2006 | 2006-59502237 | |
| 31-12-2004 | abbreviated format | 29-07-2005 | 2005-62200554 | |
| 31-12-2003 | abbreviated format | 26-07-2004 | 2004-51004804 | |
| 31-12-2002 | abbreviated format | 28-07-2003 | 2003-52203341 | |
| 31-12-2001 | abbreviated format | 30-07-2002 | 2002-44103783 | |
| 31-12-2000 | abbreviated format | 26-07-2001 | 2001-43600122 | |
| 31-12-1999 | abbreviated format | 18-07-2000 | 2000-43205072 | |
| 31-12-1998 | abbreviated format | 30-06-1999 | 1999-27004376 | |
| 31-12-1997 | abbreviated format | 04-08-1998 | 1998-38800305 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.1m | 1.2m | 559,712 | 541,058 | 4,787 | 2,829 | 627,649 | 235,061 | 0 | 0 | 6,910 | 0 | 0 | 1,565 | 0 | 0 | 0 | 0 | 280,100 | 926 | ||
| -15,578 | -73,526 | -49,879 | -122,745 | 136,988 | 2,432 | -223,533 | -163,276 | 68,764 | 90,312 | 10,189 | 121,201 | 37,621 | 88,247 | 70,340 | 18,041 | -6,471 | -2,741 | -35,163 | - | ||
| 26.8% | 35.6% | 51.9% | 61.9% | 72.9% | 73.9% | 69.2% | 92.6% | 92.3% | 89.8% | 90.1% | 83.4% | 81.6% | 73.8% | 71.9% | 69.0% | 65.5% | 58.7% | 46.9% | 74.8% | ||
| -1.0% | 2.0% | 3.8% | 10.3% | 5.6% | 3.3% | 4.3% | 6.0% | 8.5% | 8.4% | 7.0% | 13.9% | 10.3% | 15.2% | 10.0% | 7.5% | 9.7% | 15.0% | 0.6% | 17.4% | ||
| -0.3% | 0.7% | 2.0% | 6.4% | 4.1% | 2.4% | 2.9% | 5.6% | 7.8% | 7.6% | 6.3% | 11.6% | 8.4% | 11.2% | 7.2% | 5.2% | 6.3% | 8.8% | 0.3% | 13.0% |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.1m | €1.2m | €559,712 | €541,058 | €4,787 |
| €236,611 | €192,202 | €76,391 | €43,093 | €42,721 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VERDICON
The operating result for 2025 is a loss of €9,058, after a profit of €29,897 in 2024. It is the lowest result since 2006.
Debt's share of the balance-sheet total rises from 64.4% to 73.2%. Equity is lower and debt is higher.