What does Etablissements Edouard Verset do?

Etablissements Edouard Verset is a wholesaler in Courcelles. Public Limited, started on 24 December 1937, 1 establishment.

What is the address of Etablissements Edouard Verset?

The registered office of Etablissements Edouard Verset is located at Grand-Rue(TR) 62, 6183 Courcelles.

Is Etablissements Edouard Verset still active?

Yes. According to the CBE (29 October 2026) Etablissements Edouard Verset is active, legal situation “Normale toestand”, started on 24 December 1937.

Is Etablissements Edouard Verset registered on Peppol?

Yes, Etablissements Edouard Verset is registered on the Peppol network with ID 0208:0401688084.

What is the enterprise number of Etablissements Edouard Verset?

The enterprise number of Etablissements Edouard Verset is BE0401688084.

When was Etablissements Edouard Verset founded?

Etablissements Edouard Verset was founded on 24 December 1937.

Who are the directors of Etablissements Edouard Verset?

According to the 2025 annual accounts, the directors of Etablissements Edouard Verset are: LYMVEST SRL, Paul Emile CASSART.

Is Etablissements Edouard Verset a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 December 1937; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Etablissements Edouard Verset make in 2025?

Etablissements Edouard Verset recorded a loss after taxes of € 2,030 in financial year 2025.

What is the revenue of Etablissements Edouard Verset?

As a small company, Etablissements Edouard Verset is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 568,512.

How much does an employee at Etablissements Edouard Verset earn?

The average wage cost per full-time employee at Etablissements Edouard Verset was € 40,700 in 2025: staff costs of € 504,780 for 12.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Etablissements Edouard Verset have?

According to the 2025 annual accounts, Etablissements Edouard Verset has 12.4 full-time equivalents (FTE).

Etablissements Edouard Verset (Public Limited)

Dossier Etablissements Edouard Verset, printed on 29 October 2026 from databakkes.be/en/0401688084/etablissements-edouard-verset. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 16.3 to 12.4.

Financials

Financial year 2025

Etablissements Edouard Verset from Courcelles, company number BE0401688084, closed financial year 2025 with a result of € -2,030 after tax. For that financial year Etablissements Edouard Verset recorded a gross margin of € 568,512 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -192,065 to € -2,030. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.

What it is worth Healthy

€ 1.2 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2,030

▲ 99 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 152,328

▲ 90% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.1 million.

People and assets in 2025

Full-time equivalents

12.4

▼ 1.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 504,780

▼ 15% vs 2024

€ 40,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 294,128

▲ € 289,065 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 296,845

€ 38,588 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 227,412

▼ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 40,236

▼ 35% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,247,551 Gross margin 2022: € 1,247,551 First fiscal year in the series	€ 908,962 Gross margin 2023: € 908,962 ▼ 27% vs 2022 (€ 1,247,551) Unfavourable step	€ 458,427 Gross margin 2024: € 458,427 ▼ 50% vs 2023 (€ 908,962) Unfavourable step	€ 568,512 Gross margin 2025: € 568,512 ▲ 24% vs 2024 (€ 458,427) Favourable step	▲ 24%
Profit after taxes	€ 354,861 Profit after taxes 2022: € 354,861 First fiscal year in the series	€ 94,540 Profit after taxes 2023: € 94,540 ▼ 73% vs 2022 (€ 354,861) Unfavourable step	€ -192,065 Profit after taxes 2024: € -192,065 ▼ € 286,605 vs 2023 (€ 94,540) Unfavourable step	€ -2,030 Profit after taxes 2025: € -2,030 ▲ € 190,034 vs 2024 (€ -192,065) Favourable step	▲ € 190,034
Equity	€ 1,331,057 Equity 2022: € 1,331,057 First fiscal year in the series	€ 1,355,597 Equity 2023: € 1,355,597 ▲ 2% vs 2022 (€ 1,331,057) Favourable step	€ 1,163,532 Equity 2024: € 1,163,532 ▼ 14% vs 2023 (€ 1,355,597) Unfavourable step	€ 1,161,502 Equity 2025: € 1,161,502 Unchanged (€ 1,163,532) Unfavourable step
Total debts	€ 1,105,193 Total debts 2022: € 1,105,193 First fiscal year in the series	€ 460,236 Total debts 2023: € 460,236 ▼ 58% vs 2022 (€ 1,105,193) Favourable step	€ 307,808 Total debts 2024: € 307,808 ▼ 33% vs 2023 (€ 460,236) Favourable step	€ 686,964 Total debts 2025: € 686,964 ▲ 123% vs 2024 (€ 307,808) Unfavourable step	▲ 123%
Cash	€ 840,614 Cash 2022: € 840,614 First fiscal year in the series	€ 394,155 Cash 2023: € 394,155 ▼ 53% vs 2022 (€ 840,614) Unfavourable step	€ 79,971 Cash 2024: € 79,971 ▼ 80% vs 2023 (€ 394,155) Unfavourable step	€ 152,328 Cash 2025: € 152,328 ▲ 90% vs 2024 (€ 79,971) Favourable step	▲ 90%
Land & buildings	€ 46,199 Land & buildings 2022: € 46,199 First fiscal year in the series	€ 35,991 Land & buildings 2023: € 35,991 ▼ 22% vs 2022 (€ 46,199) Unchanged	€ 25,783 Land & buildings 2024: € 25,783 ▼ 28% vs 2023 (€ 35,991) Unchanged	€ 15,575 Land & buildings 2025: € 15,575 ▼ 40% vs 2024 (€ 25,783) Unchanged	▼ 40%
Retained profit	€ 1,253,792 Retained profit 2022: € 1,253,792 First fiscal year in the series	€ 1,278,332 Retained profit 2023: € 1,278,332 ▲ 2% vs 2022 (€ 1,253,792) Favourable step	€ 1,086,267 Retained profit 2024: € 1,086,267 ▼ 15% vs 2023 (€ 1,278,332) Unfavourable step	€ 1,084,237 Retained profit 2025: € 1,084,237 Unchanged (€ 1,086,267) Unfavourable step
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 70,000 Dividend 2023: € 70,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 70,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 41,249 Bank debt 2022: € 41,249 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 41,249) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 296,845 Bank debt 2025: € 296,845 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 2,436,250 Balance sheet total 2022: € 2,436,250 First fiscal year in the series	€ 1,815,833 Balance sheet total 2023: € 1,815,833 ▼ 25% vs 2022 (€ 2,436,250) Unchanged	€ 1,471,340 Balance sheet total 2024: € 1,471,340 ▼ 19% vs 2023 (€ 1,815,833) Unchanged	€ 1,848,466 Balance sheet total 2025: € 1,848,466 ▲ 26% vs 2024 (€ 1,471,340) Unchanged	▲ 26%
Employees (FTE)	17 Employees (FTE) 2022: 17 First fiscal year in the series	16.3 Employees (FTE) 2023: 16.3 ▼ 0.7 vs 2022 (17) Unchanged	14.3 Employees (FTE) 2024: 14.3 ▼ 2 vs 2023 (16.3) Unchanged	12.4 Employees (FTE) 2025: 12.4 ▼ 1.9 vs 2024 (14.3) Unchanged	▼ 1.9

Key figures of Etablissements Edouard Verset, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Etablissements Edouard Verset?

What happened at Etablissements Edouard Verset in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 LYMVEST SRL stepped down as director. NBB
2029 Paul Emile CASSART stepped down as director. NBB
Jul 8, 2026 New annual accounts for financial year 2025: loss of € 2,030. Source: NBB ↗
2023 LYMVEST SRL became a director. NBB
2023 Paul Emile CASSART became a director. NBB
Jan 1, 1938 New establishment in Courcelles. KBO
Dec 24, 1937 Start of the company according to the CBE. KBO

In short

From € 354,861 profit in 2022 to € 2,030 loss in 2025.

Paid € 159,352 in corporate taxes since 2022.

Best year ever: 2022, with € 354,861 profit.

On average € 45,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

SOCAGEST 100%

The stake of SOCAGEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Etablissements Edouard Verset

The shares are held by SOCAGEST (100%).

Directors

According to the 2025 annual accounts

LYMVEST SRL

Director · represented by MASKENS Léon

Also active at: Etablissements Léon Masquelier, Ateliers de Transformation de Produits métalliques du Condroz, Etablissements Leloux - Laurent, SOCACIER, GREGOIRE, SOCAGEST, SOCAGIM, VMC Metal Services

since 2023 · until 2029

Paul Emile CASSART

Director

Also active at: Ateliers de Transformation de Produits métalliques du Condroz, Etablissements Leloux - Laurent, SOCAGIM

since 2023 · until 2029

Shareholders

SOCAGEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Grand-Rue(TR) 62

6183 Courcelles

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0401.688.084
VAT number: BE 0401.688.084
Registered office: Grand-Rue(TR) 62, 6183 Courcelles
Names & denominations: Etablissements Edouard Verset
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 24 December 1937
Peppol: Active · Active since 29 Sept 2025
Activities · NACE: Groothandel in metalen en metaalertsen

View on CBE Public ↗ Annual accounts (NBB) ↗