Financials
Financial year 2024
VERSTEGEN SPICES & SAUCES from Mechelen, company number BE0433502601, closed financial year 2024 with a result of € 268,165 after tax. For that financial year VERSTEGEN SPICES & SAUCES recorded a gross margin of € 3.4 million and equity of € 2.4 million. Compared with financial year 2023, the result moved from € 261,216 to € 268,165. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ 2.4 million
▲ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 268,165
▲ 3% vs 2023
Profit after tax over the fiscal year.
€ 828,984
▼ 18% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.8 million.
People and assets in 2024
34.6
▲ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 2% vs 2023
€ 87,500 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.
€ 115,900
▲ € 101,223 vs 2023
Of which on lease € 113,840.
Debts at end 2024
€ 108,492
€ 21,924 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2.2 million
▼ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 410,201
▼ 31% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,847,870 | € 3,111,746 | € 3,293,990 | € 3,379,685 | ▲ 3% |
| Profit after taxes | € 214,215 | € 373,577 | € 261,216 | € 268,165 | ▲ 3% |
| Equity | € 1,458,997 | € 1,832,574 | € 2,093,789 | € 2,361,954 | ▲ 13% |
| Total debts | € 1,347,395 | € 2,204,620 | € 3,264,548 | € 2,709,704 | ▼ 17% |
| Cash | € 537,968 | € 240,644 | € 1,007,668 | € 828,984 | ▼ 18% |
| Land & buildings | € 41,832 | € 41,832 | € 41,832 | € 47,832 | ▲ 14% |
| Retained profit | € 928,997 | € 1,302,574 | € 1,563,789 | € 1,831,954 | ▲ 17% |
| Bank debt | € 0 | € 0 | € 0 | € 108,492 | |
| Balance sheet total | € 3,216,192 | € 4,115,194 | € 5,358,337 | € 5,071,658 | ▼ 5% |
| Employees (FTE) | 32 | 32 | 33.7 | 34.6 | ▲ 0.9 |
Key figures of VERSTEGEN SPICES & SAUCES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VERSTEGEN SPICES & SAUCES?
What happened at VERSTEGEN SPICES & SAUCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 268,165 (▲ 3% vs 2023). filed late Source: NBB ↗
- Verstegen Spices & Sauces BV became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 214,215 profit in 2021 to € 268,165 profit in 2024.
Paid € 626,730 in corporate taxes since 2021.
Best year ever: 2022, with € 373,577 profit.
On average € 97,700 of value added per employee in 2024.
Management
Behind VERSTEGEN SPICES & SAUCES is Verstegen Spices & Sauces BV.
Directors
According to the 2024 annual accounts
Verstegen Spices & Sauces BV
Director · represented by Driessen R.M.
since 2015
Establishments
Establishment units
Physical locations of this company
Wayenborgstraat 12
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
TransIP DNS
Domain
Domain
verstegen.eu
Registrar
TransIP Group BV
Website info
Features
Security
Details
- Company number
- 0433.502.601
- VAT number
- BE 0433.502.601
- Registered office
- Wayenborgstraat 12, 2800 Mechelen
- Names & denominations
- VERSTEGEN SPICES & SAUCES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1988
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- verstegen.eu
- Activities · NACE
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