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VERMANDELE BART

Active Private limited companyfounded 1994active for 32 yearsMonnikenstraat 50, 8433 MiddelkerkeKBO/BCE: BE 0452.826.682 #8 company by equity in Middelkerke, Construction sector
VERMANDELE BART
Financial year 2025
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Annual accounts 2025

micro format, filed on 29-06-2026, 32 days before the deadline
€310,323
▲ 10.2%
€227,581
▼ 4.2%
€158,477
▼ 10.6%
€844,143
▲ 6.6%
79.9%
▼ 4.5 percentage points
18.41
▼ 2.64

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €770,000. Estimated: probably between €590,000 and €990,000.

In the rankings #8 company by equity in Middelkerke, Construction sector

Balance sheet

balance sheet total €1.1m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

79.9%

Higher than 85% of 35,119 companies in 2025.

18.41

Higher than 95% of 34,493 companies in 2025.

14.8%

Higher than 69% of 34,694 companies in 2025.

VERMANDELE BART Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

Blue and white collar

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018
Balance sheet: assets
20/58 1.1m901,181768,642636,448561,071538,759466,457406,761
21/28 176,05669,95763,60466,98588,53891,66746,82255,071
22/27 175,88169,78263,60466,98588,53891,66746,82255,071
22 587,86815,71623,56431,41239,27545,08352,919
23 16,90322,53128,93813,17515,5845,1581,7392,152
24 158,92039,38318,95030,24541,54147,234--
28 175175------
29/58 892,628831,224705,038569,463472,533447,092419,634351,690
3 44,19545,14240,11937,15240,75342,22333,87332,554
30/36 44,19545,14240,11937,15240,75342,22333,87332,554
40/41 29,45536,34140,34629,04019,13626,31726,80136,645
40 18,67028,77528,99419,30217,83326,31716,30735,671
41 10,7847,56611,3539,7381,303-10,494974
50/53 0597,000591,656463,382378,450355,950320,950263,950
54/58 811,685148,50330,90036,88730,17821,22736,54017,064
490/1 7,2934,2382,0173,0014,0151,3761,4691,477
Balance sheet: equity and liabilities
10/49 1.1m901,181768,642636,448561,071538,759466,457406,761
10/15 854,156761,164631,283542,898486,817463,255392,857329,037
10/11 18,55018,55018,55018,55018,55018,55018,50018,500
100 ------18,50018,500
13 835,606742,614612,733524,348468,267444,705374,357310,537
130/1 ---1,8501,8501,850--
130 ------1,8501,850
1311 ---1,8501,8501,850--
132 63,15063,150------
133 772,456679,464612,733522,498466,417442,855372,507308,687
14 00------
17/49 214,528140,017137,35993,54974,25475,50473,60077,724
17 157,84493,32988,35063,30460,73157,65354,53251,291
178/9 157,84493,32988,35063,30460,73157,65354,53251,291
42/48 48,48539,48945,52727,78411,17415,09216,84624,342
42 -------6,073
44 17,40028,83612,4965,649-5,2426,4297,452
440/4 17,40028,83612,4965,649-5,2426,4297,452
45 29,4198,98731,43120,5359,5749,8518,7939,697
450/3 22,2697,85126,83920,5359,5749,8517,8409,697
454/9 7,1501,1364,592---952-
47/48 1,6661,6661,6001,6001,600-1,6241,120
492/3 8,1997,1993,4822,4612,3502,7592,2222,091
Income statement
9900 310,323281,670195,628168,269118,810126,735101,07086,815
62 48,27414,221------
630 31,46927,57323,37321,55320,50912,8688,24918,581
631/4 -------3,186-
635/8 --------3,000
640/8 3,0002,4121,7441,8291,4351,4351,7751,513
9901 227,581237,464170,511144,88896,867112,43294,23269,721
75/76B 9,69314,3914,709675612625850629
75 9,69314,3914,709675612625850629
65/66B 8,4527,6593,6952,7042,7732,5453,7513,704
65 8,4527,6593,6952,7042,7732,5453,7513,704
9903 228,821244,196171,525142,85894,706110,51291,33266,646
67/77 70,34466,94150,43441,53725,59528,56125,88819,337
9904 158,477177,255121,090101,32169,11081,95165,44447,308
689 063,150------
9905 158,477114,105121,090101,32169,11081,95165,44447,308
Appropriation of the result
9906 158,477114,105121,090101,32169,11081,95165,44447,308
791/2 65,48645,70831,10543,64045,54911,553--
691/2 158,477112,439119,49099,72169,11081,95163,82045,708
6920 -------1,350
6921 158,477112,439119,49099,72169,11081,95163,82044,358
694/7 65,48647,37432,70545,24045,54911,5531,6241,600
694 65,48647,37432,70545,24045,54911,5531,6241,600
Social balance sheet
9087 -0.3------
Hours worked1013 -600------
Document PDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 13 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 29-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00238391 PDF
31-12-2024 micro format 25-07-2025 2025-00319413 PDF
31-12-2023 micro format 07-06-2024 2024-00120308 PDF
31-12-2022 micro format 31-07-2023 2023-00298812 PDF
31-12-2021 micro format 10-06-2022 2022-20055829 PDF
31-12-2020 micro format 27-07-2021 2021-41200470 PDF
31-12-2019 micro format 19-06-2020 2020-18400255 PDF
31-12-2018 micro format 13-06-2019 2019-18000396 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018
259,050265,037193,883166,441117,375125,300102,48188,302
189,947204,828144,463122,87489,61994,81973,69265,889
137,56833,92619,992017,37957,71206,031
663,182117,603-5,9876,7088,952-15,31319,477-
844,143791,735659,511541,679461,360432,000402,788327,348
79.9%84.5%82.1%85.3%86.8%86.0%84.2%80.9%
18.4121.0515.4920.5042.2929.6224.9114.45
17.5019.9114.6019.1638.6426.8322.9013.11
0.250.180.220.170.150.160.190.24
18.6%23.3%19.2%18.7%14.2%17.7%16.7%14.4%
14.8%19.7%15.8%15.9%12.3%15.2%14.0%11.6%
30.6534.6052.4761.5542.32---

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.

Social balance sheet

Item31-12-2024
Employees at the balance-sheet date1
full-time1
part-time0
in full-time equivalents1
0.3
On a permanent contract1

Source: social balance sheet in the 2024 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€137,568€33,751€19,992-€17,379
Financial fixed assets€0€175---
€31,469€27,573€23,373€21,553€20,509

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VERMANDELE BART

The operating result for 2025 is 4% lower than in 2024.

Debt's share of the balance-sheet total rises from 15.5% to 20.1%. Equity and debt are higher.

Next steps

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