What does VERSTRAETE do?

VERSTRAETE is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”. Also registered: property manager. Public Limited, started on 15 June 1991, 1 establishment.

What is the address of VERSTRAETE?

The registered office of VERSTRAETE is located at Beneluxpark(Kor) 26 box 0051, 8500 Kortrijk.

Is VERSTRAETE still active?

Yes. According to the CBE (16 September 2026) VERSTRAETE is active, legal situation “Normale toestand”, started on 15 June 1991.

Is VERSTRAETE registered on Peppol?

Yes, VERSTRAETE is registered on the Peppol network with ID 0208:0444361354.

What is the enterprise number of VERSTRAETE?

The enterprise number of VERSTRAETE is BE0444361354.

When was VERSTRAETE founded?

VERSTRAETE was founded on 15 June 1991.

Who are the directors of VERSTRAETE?

According to the 2025 annual accounts, the directors of VERSTRAETE are: Thibault Verstraete, Vesta Group NV, Patricia Schautteet.

Is VERSTRAETE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 June 1991; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VERSTRAETE make in 2025?

VERSTRAETE recorded a loss after taxes of € 28,335 in financial year 2025.

What is the revenue of VERSTRAETE?

As a small company, VERSTRAETE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -27,246.

How much does an employee at VERSTRAETE earn?

The average wage cost per full-time employee at VERSTRAETE was € 67,100 in 2022: staff costs of € 315,469 for 4.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

VERSTRAETE (Public Limited) - Kortrijk - BE0444361354

Dossier VERSTRAETE, printed on 16 September 2026 from databakkes.be/en/0444361354/verstraete. 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.

Tight liquidity NBB

Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

85 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

VERSTRAETE from Kortrijk, company number BE0444361354, closed financial year 2025 with a result of € -28,335 after tax. For that financial year VERSTRAETE recorded a gross margin of € -27,246 and equity of € 85,618. Compared with financial year 2024, the result moved from € 21,345 to € -28,335. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Healthy

€ 85,618

▼ 25% vs 2024

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

Loss Caution

€ -28,335

▼ still € 21,345 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,647

▲ 24% 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 € 22,618.

People and assets in 2025

Vehicles and equipment

€ 135,000

▼ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 125,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 180,318

▲ 2% vs 2024

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

Taxes

€ 7,995

▼ 35% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 656,236 Gross margin 2022: € 656,236 First fiscal year in the series	€ 287,200 Gross margin 2023: € 287,200 ▼ 56% vs 2022 (€ 656,236) Unfavourable step	€ 40,107 Gross margin 2024: € 40,107 ▼ 86% vs 2023 (€ 287,200) Unfavourable step	€ -27,246 Gross margin 2025: € -27,246 ▼ € 67,353 vs 2024 (€ 40,107) Unfavourable step	▼ € 67,353
Profit after taxes	€ 11,205 Profit after taxes 2022: € 11,205 First fiscal year in the series	€ 193,365 Profit after taxes 2023: € 193,365 ▲ € 182,159 vs 2022 (€ 11,205) Favourable step	€ 21,345 Profit after taxes 2024: € 21,345 ▼ 89% vs 2023 (€ 193,365) Unfavourable step	€ -28,335 Profit after taxes 2025: € -28,335 ▼ € 49,680 vs 2024 (€ 21,345) Unfavourable step	▼ € 49,680
Equity	€ 699,244 Equity 2022: € 699,244 First fiscal year in the series	€ 92,608 Equity 2023: € 92,608 ▼ 87% vs 2022 (€ 699,244) Unfavourable step	€ 113,953 Equity 2024: € 113,953 ▲ 23% vs 2023 (€ 92,608) Favourable step	€ 85,618 Equity 2025: € 85,618 ▼ 25% vs 2024 (€ 113,953) Unfavourable step	▼ 25%
Total debts	€ 3,254,562 Total debts 2022: € 3,254,562 First fiscal year in the series	€ 1,164,935 Total debts 2023: € 1,164,935 ▼ 64% vs 2022 (€ 3,254,562) Favourable step	€ 315,730 Total debts 2024: € 315,730 ▼ 73% vs 2023 (€ 1,164,935) Favourable step	€ 313,429 Total debts 2025: € 313,429 ▼ 1% vs 2024 (€ 315,730) Favourable step	▼ 1%
Cash	€ 220,167 Cash 2022: € 220,167 First fiscal year in the series	€ 349 Cash 2023: € 349 ▼ € 219,818 vs 2022 (€ 220,167) Unfavourable step	€ 14,188 Cash 2024: € 14,188 ▲ € 13,839 vs 2023 (€ 349) Favourable step	€ 17,647 Cash 2025: € 17,647 ▲ 24% vs 2024 (€ 14,188) Favourable step	▲ 24%
Land & buildings	€ 577,990 Land & buildings 2022: € 577,990 First fiscal year in the series	€ 120,000 Land & buildings 2023: € 120,000 ▼ 79% vs 2022 (€ 577,990) Unchanged	€ 120,000 Land & buildings 2024: € 120,000 Unchanged (€ 120,000) Unchanged	€ 120,000 Land & buildings 2025: € 120,000 Unchanged (€ 120,000) Unchanged
Retained profit	€ 636,244 Retained profit 2022: € 636,244 First fiscal year in the series	€ 29,608 Retained profit 2023: € 29,608 ▼ 95% vs 2022 (€ 636,244) Unfavourable step	€ 50,953 Retained profit 2024: € 50,953 ▲ 72% vs 2023 (€ 29,608) Favourable step	€ 22,618 Retained profit 2025: € 22,618 ▼ 56% vs 2024 (€ 50,953) Unfavourable step	▼ 56%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 800,000 Dividend 2023: € 800,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 800,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 861,334 Bank debt 2022: € 861,334 First fiscal year in the series	€ 126,875 Bank debt 2023: € 126,875 ▼ 85% vs 2022 (€ 861,334) Favourable step	€ 125,000 Bank debt 2024: € 125,000 ▼ 1% vs 2023 (€ 126,875) Favourable step	€ 125,000 Bank debt 2025: € 125,000 Unchanged (€ 125,000) Unchanged
Balance sheet total	€ 3,953,806 Balance sheet total 2022: € 3,953,806 First fiscal year in the series	€ 1,257,543 Balance sheet total 2023: € 1,257,543 ▼ 68% vs 2022 (€ 3,953,806) Unchanged	€ 429,683 Balance sheet total 2024: € 429,683 ▼ 66% vs 2023 (€ 1,257,543) Unchanged	€ 399,047 Balance sheet total 2025: € 399,047 ▼ 7% vs 2024 (€ 429,683) Unchanged	▼ 7%
Employees (FTE)	4.7 Employees (FTE) 2022: 4.7 First fiscal year in the series	0.4 Employees (FTE) 2023: 0.4 ▼ 4.3 vs 2022 (4.7) Unchanged	-	-

Key figures of VERSTRAETE, 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?

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

2029 Thibault Verstraete stepped down as director. NBB
2029 Vesta Group NV stepped down as director. NBB
2029 Patricia Schautteet stepped down as director. NBB
Jul 15, 2026 New annual accounts for financial year 2025: loss of € 28,335 (▼ € 49,680 vs 2024). Source: NBB ↗
2024 Patricia Schautteet became a director. NBB
2023 Thibault Verstraete became a director. NBB
2023 Vesta Group NV became a director. NBB
Mar 12, 2010 New establishment in Kortrijk. KBO

In short

From € 11,205 profit in 2022 to € 28,335 loss in 2025.

Paid € 24,000 in corporate taxes since 2022.

Best year ever: 2023, with € 193,365 profit.

On average € 139,600 of value added per employee in 2022.

Original PDFs at the National Bank ↗

A new publication or filing at VERSTRAETE? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Directors

According to the 2025 annual accounts

Thibault Verstraete

Director

Also active at: VILLA FRANCINE, VERSTRAETE RINO, AVABEKE, FUGAVE, KBP BUSINESS CENTER, JABITO, VERSTRAETE BOUWPROJECTEN, THIVEPRO +4 more

since 2023 · until 2029

Vesta Group NV

Chairman of the board, Director · represented by Christophe Verstraete

Also active at: VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING, QUAEDE ACKER, AROES, KORTRIJK BUSINESS PARK +24 more

since 2023 · until 2029

Patricia Schautteet

Director

Also active at: Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, VEMACO, DUINENVELD, DE POORTERIJ, BROUWERSHOF, De Zwaan +31 more

since 2024 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Beneluxpark(Kor) 26 box 0051

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 85 companies are registered at this address.

All companies at this address →

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

Details

Company number

0444.361.354

VAT number

BE 0444.361.354

Registered office

Beneluxpark(Kor) 26 bus 0051, 8500 Kortrijk

Names & denominations

VERSTRAETE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

15 June 1991

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Overige zakelijke dienstverlening, neg

Activiteiten van syndici van onroerend goed

Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗