VETEX is registered with the CBE as active in: Textielveredeling. Public Limited, started on 1 January 1968, 2 establishments.

What is the address of VETEX?

The registered office of VETEX is located at Leon Bekaertstraat 14, 8770 Ingelmunster.

Is VETEX still active?

Yes. According to the CBE (29 October 2026) VETEX is active, legal situation “Normale toestand”, started on 1 January 1968.

Is VETEX registered on Peppol?

Yes, VETEX is registered on the Peppol network with ID 0208:0405379727.

What is the enterprise number of VETEX?

The enterprise number of VETEX is BE0405379727.

When was VETEX founded?

VETEX was founded on 1 January 1968.

Who are the directors of VETEX?

According to the 2025 annual accounts, the directors of VETEX are: Rigole Consulting BV, Erik Geerardyn, Willi BULCKAERT.

Is VETEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did VETEX make in 2025?

VETEX recorded a loss after taxes of € 608,659 in financial year 2025.

What is the revenue of VETEX?

In its most recent annual accounts (2025), VETEX reported revenue of € 16,065,436.

How much does an employee at VETEX earn?

The average wage cost per full-time employee at VETEX was € 87,100 in 2025: staff costs of € 5.6 million for 64.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VETEX have?

According to the 2025 annual accounts, VETEX has 64.6 full-time equivalents (FTE).

Does VETEX have a website?

Yes, VETEX has a website at vetex.be.

VETEX (Public Limited) - Ingelmunster - BE0405379727

Dossier VETEX, printed on 29 October 2026 from databakkes.be/en/0405379727/vetex. 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.

Shrinking team NBB

FTE fell two years in a row, from 73.7 to 64.6.
Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

VETEX from Ingelmunster, company number BE0405379727, closed financial year 2025 with a result of € -608,659 after tax. For that financial year VETEX recorded revenue of € 16.1 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 40,909 to € -608,659. 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 April 29, 2026.

What it is worth Healthy

€ 4.4 million

▼ 13% vs 2024

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

Loss Caution

€ -608,659

▼ still € 40,909 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 370,487

▼ 6% 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 € 2.7 million.

People and assets in 2025

Full-time equivalents

64.6

▼ 2.7 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.6 million

▲ 7% vs 2024

€ 87,100 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

€ 3.1 million

▼ 18% vs 2024

Of which on lease € 2.7 million.

Debts at end 2025

Bank debt ≈ 4 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.

€ 3.7 million

▼ 14% vs 2024

€ 663,023 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 910,705

▲ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.

Taxes and wages

€ 876,984

▲ 4% 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
Revenue	€ 16,189,343 Revenue 2022: € 16,189,343 First fiscal year in the series	€ 14,721,074 Revenue 2023: € 14,721,074 ▼ 9% vs 2022 (€ 16,189,343) Unfavourable step	€ 16,268,232 Revenue 2024: € 16,268,232 ▲ 11% vs 2023 (€ 14,721,074) Favourable step	€ 16,065,436 Revenue 2025: € 16,065,436 ▼ 1% vs 2024 (€ 16,268,232) Unfavourable step	▼ 1%
Profit after taxes	€ -68,056 Profit after taxes 2022: € -68,056 First fiscal year in the series	€ -325,782 Profit after taxes 2023: € -325,782 ▼ € 257,726 vs 2022 (€ -68,056) Unfavourable step	€ 40,909 Profit after taxes 2024: € 40,909 ▲ € 366,691 vs 2023 (€ -325,782) Favourable step	€ -608,659 Profit after taxes 2025: € -608,659 ▼ € 649,568 vs 2024 (€ 40,909) Unfavourable step	▼ € 649,568
Equity	€ 5,399,174 Equity 2022: € 5,399,174 First fiscal year in the series	€ 5,033,145 Equity 2023: € 5,033,145 ▼ 7% vs 2022 (€ 5,399,174) Unfavourable step	€ 5,041,558 Equity 2024: € 5,041,558 Unchanged (€ 5,033,145) Favourable step	€ 4,402,076 Equity 2025: € 4,402,076 ▼ 13% vs 2024 (€ 5,041,558) Unfavourable step	▼ 13%
Total debts	€ 6,779,785 Total debts 2022: € 6,779,785 First fiscal year in the series	€ 6,429,347 Total debts 2023: € 6,429,347 ▼ 5% vs 2022 (€ 6,779,785) Favourable step	€ 6,120,746 Total debts 2024: € 6,120,746 ▼ 5% vs 2023 (€ 6,429,347) Favourable step	€ 6,077,241 Total debts 2025: € 6,077,241 ▼ 1% vs 2024 (€ 6,120,746) Favourable step	▼ 1%
Cash	€ 725,947 Cash 2022: € 725,947 First fiscal year in the series	€ 760,306 Cash 2023: € 760,306 ▲ 5% vs 2022 (€ 725,947) Favourable step	€ 395,992 Cash 2024: € 395,992 ▼ 48% vs 2023 (€ 760,306) Unfavourable step	€ 370,487 Cash 2025: € 370,487 ▼ 6% vs 2024 (€ 395,992) Unfavourable step	▼ 6%
Land & buildings	€ 768,131 Land & buildings 2022: € 768,131 First fiscal year in the series	€ 801,056 Land & buildings 2023: € 801,056 ▲ 4% vs 2022 (€ 768,131) Unchanged	€ 714,829 Land & buildings 2024: € 714,829 ▼ 11% vs 2023 (€ 801,056) Unchanged	€ 862,250 Land & buildings 2025: € 862,250 ▲ 21% vs 2024 (€ 714,829) Unchanged	▲ 21%
Retained profit	€ 3,550,496 Retained profit 2022: € 3,550,496 First fiscal year in the series	€ 3,224,714 Retained profit 2023: € 3,224,714 ▼ 9% vs 2022 (€ 3,550,496) Unfavourable step	€ 3,265,623 Retained profit 2024: € 3,265,623 ▲ 1% vs 2023 (€ 3,224,714) Favourable step	€ 2,656,965 Retained profit 2025: € 2,656,965 ▼ 19% vs 2024 (€ 3,265,623) Unfavourable step	▼ 19%
Bank debt	€ 5,185,082 Bank debt 2022: € 5,185,082 First fiscal year in the series	€ 4,534,569 Bank debt 2023: € 4,534,569 ▼ 13% vs 2022 (€ 5,185,082) Favourable step	€ 4,278,771 Bank debt 2024: € 4,278,771 ▼ 6% vs 2023 (€ 4,534,569) Favourable step	€ 3,691,444 Bank debt 2025: € 3,691,444 ▼ 14% vs 2024 (€ 4,278,771) Favourable step	▼ 14%
Balance sheet total	€ 12,178,959 Balance sheet total 2022: € 12,178,959 First fiscal year in the series	€ 11,462,492 Balance sheet total 2023: € 11,462,492 ▼ 6% vs 2022 (€ 12,178,959) Unchanged	€ 11,162,304 Balance sheet total 2024: € 11,162,304 ▼ 3% vs 2023 (€ 11,462,492) Unchanged	€ 10,479,317 Balance sheet total 2025: € 10,479,317 ▼ 6% vs 2024 (€ 11,162,304) Unchanged	▼ 6%
Employees (FTE)	73 Employees (FTE) 2022: 73 First fiscal year in the series	73.7 Employees (FTE) 2023: 73.7 ▲ 0.7 vs 2022 (73) Unchanged	67.3 Employees (FTE) 2024: 67.3 ▼ 6.4 vs 2023 (73.7) Unchanged	64.6 Employees (FTE) 2025: 64.6 ▼ 2.7 vs 2024 (67.3) Unchanged	▼ 2.7

Key figures of VETEX, 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 VETEX?

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

2029 Rigole Consulting BV stepped down as director. NBB
2029 Erik Geerardyn stepped down as director. NBB
2029 Willi BULCKAERT stepped down as director. NBB
Apr 29, 2026 New annual accounts for financial year 2025: loss of € 608,659 (▼ € 649,568 vs 2024). Source: NBB ↗
Nov 16, 2023 New establishment in Kortrijk. KBO
2023 Rigole Consulting BV became a director. NBB
2023 Erik Geerardyn became a director. NBB
2023 Willi BULCKAERT became a director. NBB

In short

From € 68,056 loss in 2022 to € 608,659 loss in 2025.

Paid € 11,401 in corporate taxes since 2022.

Best year ever: 2024, with € 40,909 profit.

Pays suppliers within 33 days on average.

Original PDFs at the National Bank ↗

Management

VETEX

Vetex Asia Limited 100%

VONA Inc. 100%

It owns 100% of Vetex Asia Limited and 100% of VONA Inc. itself.

Directors

According to the 2025 annual accounts

Rigole Consulting BV

Managing director · represented by Patrick Rigole

since 2023 · until 2029

Erik Geerardyn

Director

since 2023 · until 2029

Willi BULCKAERT

Director

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Leon Bekaertstraat 14

8770 Ingelmunster

2.356.721.205

Beneluxpark(Kor) 26

8500 Kortrijk

Active since 16 November 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Vetex Invest

€ -465 gross margin · 2025

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

Website

HTTPS vetex.be

Canonical: https://www.vetex.eu/nl

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Details

Company number

0405.379.727

VAT number

BE 0405.379.727

Registered office

Leon Bekaertstraat 14, 8770 Ingelmunster

Names & denominations

VETEX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 8 Jul 2025

Contact

vetex.be

Activities · NACE

Textielveredeling

Weven van textiel

Vervaardiging van overige weefsels

View on CBE Public ↗ Annual accounts (NBB) ↗

VETEX

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Financials

What happened to VETEX?

Management

Directors

Establishments

Establishment units

Who else lives here?

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