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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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERSTRAETE GRAPHICS from Diksmuide, company number BE0416219773, closed financial year 2025 with a result of € 398,353 after tax. For that financial year VERSTRAETE GRAPHICS recorded a gross margin of € 2.2 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 213,515 to € 398,353. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 1.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 398,353
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 81,258
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 398,353 paid out
100 % of the profit went to the shareholders, mostly to VERSTRAETE MANAGEMENT (100 % of the shares). That is where the money ends up.
People and assets in 2025
19
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 9% vs 2024
€ 70,900 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.
€ 77,788
▲ € 66,356 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▲ 9% vs 2024
€ 329,095 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 656,807
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 202,335
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,268,145 | € 1,789,739 | € 1,864,681 | € 2,199,346 | ▲ 18% |
| Profit after taxes | € 190,581 | € 477,106 | € 213,515 | € 398,353 | ▲ 87% |
| Equity | € 976,222 | € 1,223,388 | € 1,223,388 | € 1,223,388 | |
| Total debts | € 2,780,216 | € 2,760,610 | € 3,332,853 | € 3,772,457 | ▲ 13% |
| Cash | € 146,497 | € 86,625 | € 475,875 | € 81,258 | ▼ 83% |
| Land & buildings | € 140,013 | € 123,983 | € 107,953 | € 91,923 | ▼ 15% |
| Retained profit | € 914,249 | € 1,161,414 | € 1,161,414 | € 1,161,414 | |
| Dividend | € 115,000 | € 229,941 | € 213,515 | € 398,353 | ▲ 87% |
| Bank debt | € 1,904,708 | € 1,943,472 | € 1,924,061 | € 2,090,551 | ▲ 9% |
| Balance sheet total | € 3,756,439 | € 3,983,998 | € 4,556,240 | € 4,995,845 | ▲ 10% |
| Employees (FTE) | 12.2 | 14.3 | 18.7 | 19 | ▲ 0.3 |
Key figures of VERSTRAETE GRAPHICS, 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 VERSTRAETE GRAPHICS?
What happened at VERSTRAETE GRAPHICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VT MANAGEMENT BV stepped down as director. NBB
- VEMASTECO BV stepped down as director. NBB
- KRISVER MANAGEMENT BV stepped down as director. NBB
- GT MANAGEMENT BV stepped down as director. NBB
- LVJ INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 398,353 (▲ 87% vs 2024). Source: NBB ↗
- VT MANAGEMENT BV became a director. NBB
- VEMASTECO BV became a director. NBB
In short
From € 190,581 profit in 2022 to € 398,353 profit in 2025.
Paid € 303,900 in corporate taxes since 2022.
Best year ever: 2023, with € 477,106 profit.
On average € 115,800 of value added per employee in 2025.
Management
The stake of VERSTRAETE MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERSTRAETE GRAPHICSThe shares are held by VERSTRAETE MANAGEMENT (100%).
Directors
According to the 2025 annual accounts
Director · represented by STEVE TOURLOUSE
Also active at: TRADIBO, VERSTRAETE MANAGEMENT, GTJ INVEST, SAREPTA, GT Harbour, GT MANAGEMENT, GT FUND I, GT BOBBY +8 more
since 2024 · until 2030
Director · represented by MATTIAS VERHAEGHE
Also active at: VERSTRAETE MANAGEMENT, GT Food Packaging
since 2024 · until 2030
Managing director · represented by KRISTOF VERSTRAETE
Also active at: VERSTRAETE MANAGEMENT, GT Food Packaging
since 2024 · until 2030
Director · represented by MIEK GEERARDYN
Also active at: VERSTRAETE MANAGEMENT, GT Harbour, GT FUND I, GT FUND II, GT POOL, GT NEW FUND, GT NEW HARBOUR, POOLSPOT +8 more
since 2024 · until 2030
Director · represented by LAURENCE VANHAELEWYN
Also active at: VERSTRAETE MANAGEMENT, GT Food Packaging
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leerlooierijstraat 10
8600 Diksmuide
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.219.773
- VAT number
- BE 0416.219.773
- Registered office
- Leerlooierijstraat 10, 8600 Diksmuide
- Names & denominations
- VERSTRAETE GRAPHICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 1976
- Peppol
- Active · Active since 20 Feb 2026
- Activities · NACE
Overige activiteiten op het gebied van drukwerk
Overige drukkerijen
Drukken van dagbladen
Dagbladdrukkerijen
Groothandel in kantoor- en schoolbenodigdheden
Groothandel in papierwaren, kantoor- en schoolbehoeften