Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VARTEKS TRADING from Sint-Niklaas, company number BE0414756063, closed financial year 2025 with a result of € -127,463 after tax. For that financial year VARTEKS TRADING recorded a gross margin of € 1.1 million and equity of € -933,503. Compared with financial year 2024, the result moved from € -208,043 to € -127,463. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -933,503
▼ € 127,463 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -127,463
▲ 39 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,801
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
26.5
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 4% vs 2024
€ 41,200 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.
€ 66,642
▲ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 147,256
▲ 47% vs 2024
€ 15,081 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 134,449
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 200,836
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 874,494 | € 1,088,543 | € 1,119,298 | € 1,112,081 | ▼ 1% |
| Profit after taxes | € -164,242 | € 7,682 | € -208,043 | € -127,463 | ▲ € 80,580 |
| Equity | € -605,678 | € -597,996 | € -806,040 | € -933,503 | ▼ € 127,463 |
| Total debts | € 1,535,012 | € 1,501,314 | € 2,019,240 | € 2,501,225 | ▲ 24% |
| Cash | € 6,401 | € 18,595 | € 180,483 | € 4,801 | ▼ 97% |
| Land & buildings | € 81,885 | € 76,204 | € 70,656 | € 65,625 | ▼ 7% |
| Retained profit | € -1,085,678 | € -1,077,996 | € -1,286,040 | € -1,413,503 | ▼ € 127,463 |
| Bank debt | € 119,109 | € 112,750 | € 100,103 | € 147,256 | ▲ 47% |
| Balance sheet total | € 939,334 | € 913,318 | € 1,213,200 | € 1,567,723 | ▲ 29% |
| Employees (FTE) | 26.3 | 26 | 27.4 | 26.5 | ▼ 0.9 |
Key figures of VARTEKS TRADING, 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 VARTEKS TRADING?
What happened at VARTEKS TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elisabeth Emmaneel stepped down as director. NBB
- Hedwig Van Raemdonck stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 127,463. Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Schoten. KBO
- New establishment in Brasschaat. KBO
- New establishment in Antwerpen. KBO
- New establishment in Sint-Niklaas. KBO
In short
From € 164,242 loss in 2022 to € 127,463 loss in 2025.
Paid € 602 in corporate taxes since 2022.
Best year ever: 2023, with € 7,682 profit.
On average € 42,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 1999 · until 2031
Hedwig Van Raemdonck
Managing director
Also active at: VARTEKS MACHINES, VAN OSTA, SEA-BORN, VAN OSTA HOME SERVICE, SI BEL SO
since 1999 · until 2031
Establishments
Establishment units
Physical locations of this company
Industriepark-West 73
9100 Sint-Niklaas
Markt 22
9160 Lokeren
Active since 1 January 1975
Paddeschootdreef 6a
9100 Sint-Niklaas
Active since 1 January 1975
Bredabaan 167 box a
2930 Brasschaat
Active since 18 August 2011
Brouwersvliet 32
2000 Antwerpen
Active since 18 August 2011
Kapelstraat 129
9100 Sint-Niklaas
Active since 18 August 2011
Turnhoutsebaan 83
2970 Schilde
Active since 18 August 2011
Dorpsstraat 62
2950 Kapellen
Active since 18 August 2011
Dorpsstraat(STE) 8
9190 Stekene
Active since 18 August 2011
Hollenaarstraat 137
9041 Gent
Active since 6 February 2026
Paalstraat 74
2900 Schoten
Active since 29 September 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.756.063
- VAT number
- BE 0414.756.063
- Registered office
- Industriepark-West 73, 9100 Sint-Niklaas
- Names & denominations
- VARTEKS TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 1974
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Industriële wasserijen, ververijen en dergelijke
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