What does VERTEXCO do?

VERTEXCO is a wholesaler in Menen. Public Limited, started on 26 August 1992, 2 establishments.

What is the address of VERTEXCO?

The registered office of VERTEXCO is located at Industrielaan 104, 8930 Menen.

Is VERTEXCO still active?

Yes. According to the CBE (30 October 2026) VERTEXCO is active, legal situation “Normale toestand”, started on 26 August 1992.

Is VERTEXCO registered on Peppol?

Yes, VERTEXCO is registered on the Peppol network with ID 0208:0448148314.

What is the enterprise number of VERTEXCO?

The enterprise number of VERTEXCO is BE0448148314.

When was VERTEXCO founded?

VERTEXCO was founded on 26 August 1992.

Who are the directors of VERTEXCO?

According to the 2025 annual accounts, the directors of VERTEXCO are: Stefaan Vercruysse, VERVANCO VOF.

Is VERTEXCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 August 1992; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did VERTEXCO make in 2025?

VERTEXCO posted a profit after taxes of € 1,522,704 in financial year 2025.

What is the revenue of VERTEXCO?

In its most recent annual accounts (2025), VERTEXCO reported revenue of € 22,855,986.

How much does an employee at VERTEXCO earn?

The average wage cost per full-time employee at VERTEXCO was € 71,000 in 2025: staff costs of € 1 million for 14.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERTEXCO have?

According to the 2025 annual accounts, VERTEXCO has 14.3 full-time equivalents (FTE).

Does VERTEXCO have a website?

Yes, VERTEXCO has a website at vertexco.be.

VERTEXCO (Public Limited) - Menen - BE0448148314

Dossier VERTEXCO, printed on 30 October 2026 from databakkes.be/en/0448148314/vertexco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VERTEXCO from Menen, company number BE0448148314, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year VERTEXCO recorded revenue of € 22.9 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € 1.9 million to € 1.5 million. The company is profitable. 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 July 15, 2026.

What it is worth Growing

€ 7.4 million

▲ 9% vs 2024

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

Profit Healthy

€ 1.5 million

▼ 18% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.3 million

▲ 2% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 900,000 paid out

59 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

14.3

▼ 0.2 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: € 4.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1 million

▲ 3% vs 2024

€ 71,000 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

€ 3.9 million

▼ 4% vs 2024

Of which on lease € 3.7 million.

Debts at end 2025

Bank debt ≈ 15 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.

€ 5.2 million

▼ 8% vs 2024

€ 354,078 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 1.7 million

▲ 51% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.

Taxes and wages

€ 165,989

▼ 42% 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	€ 25,837,931 Revenue 2022: € 25,837,931 First fiscal year in the series	€ 23,595,770 Revenue 2023: € 23,595,770 ▼ 9% vs 2022 (€ 25,837,931) Unfavourable step	€ 22,859,146 Revenue 2024: € 22,859,146 ▼ 3% vs 2023 (€ 23,595,770) Unfavourable step	€ 22,855,986 Revenue 2025: € 22,855,986 Unchanged (€ 22,859,146) Unfavourable step
Profit after taxes	€ 965,267 Profit after taxes 2022: € 965,267 First fiscal year in the series	€ 1,433,121 Profit after taxes 2023: € 1,433,121 ▲ 48% vs 2022 (€ 965,267) Favourable step	€ 1,858,846 Profit after taxes 2024: € 1,858,846 ▲ 30% vs 2023 (€ 1,433,121) Favourable step	€ 1,522,704 Profit after taxes 2025: € 1,522,704 ▼ 18% vs 2024 (€ 1,858,846) Unfavourable step	▼ 18%
Equity	€ 5,350,261 Equity 2022: € 5,350,261 First fiscal year in the series	€ 5,933,382 Equity 2023: € 5,933,382 ▲ 11% vs 2022 (€ 5,350,261) Favourable step	€ 6,732,228 Equity 2024: € 6,732,228 ▲ 13% vs 2023 (€ 5,933,382) Favourable step	€ 7,354,933 Equity 2025: € 7,354,933 ▲ 9% vs 2024 (€ 6,732,228) Favourable step	▲ 9%
Total debts	€ 6,074,233 Total debts 2022: € 6,074,233 First fiscal year in the series	€ 4,506,702 Total debts 2023: € 4,506,702 ▼ 26% vs 2022 (€ 6,074,233) Favourable step	€ 8,324,225 Total debts 2024: € 8,324,225 ▲ 85% vs 2023 (€ 4,506,702) Unfavourable step	€ 8,170,163 Total debts 2025: € 8,170,163 ▼ 2% vs 2024 (€ 8,324,225) Favourable step	▼ 2%
Cash	€ 2,727,795 Cash 2022: € 2,727,795 First fiscal year in the series	€ 1,433,714 Cash 2023: € 1,433,714 ▼ 47% vs 2022 (€ 2,727,795) Unfavourable step	€ 2,298,916 Cash 2024: € 2,298,916 ▲ 60% vs 2023 (€ 1,433,714) Favourable step	€ 2,348,096 Cash 2025: € 2,348,096 ▲ 2% vs 2024 (€ 2,298,916) Favourable step	▲ 2%
Retained profit	€ 5,215,111 Retained profit 2022: € 5,215,111 First fiscal year in the series	€ 5,798,232 Retained profit 2023: € 5,798,232 ▲ 11% vs 2022 (€ 5,215,111) Favourable step	€ 6,597,078 Retained profit 2024: € 6,597,078 ▲ 14% vs 2023 (€ 5,798,232) Favourable step	€ 7,219,783 Retained profit 2025: € 7,219,783 ▲ 9% vs 2024 (€ 6,597,078) Favourable step	▲ 9%
Dividend	€ 600,000 Dividend 2022: € 600,000 First fiscal year in the series	€ 850,000 Dividend 2023: € 850,000 ▲ 42% vs 2022 (€ 600,000) Unchanged	€ 1,060,000 Dividend 2024: € 1,060,000 ▲ 25% vs 2023 (€ 850,000) Unchanged	€ 900,000 Dividend 2025: € 900,000 ▼ 15% vs 2024 (€ 1,060,000) Unchanged	▼ 15%
Bank debt	€ 2,914,360 Bank debt 2022: € 2,914,360 First fiscal year in the series	€ 2,164,152 Bank debt 2023: € 2,164,152 ▼ 26% vs 2022 (€ 2,914,360) Favourable step	€ 5,666,808 Bank debt 2024: € 5,666,808 ▲ 162% vs 2023 (€ 2,164,152) Unfavourable step	€ 5,189,647 Bank debt 2025: € 5,189,647 ▼ 8% vs 2024 (€ 5,666,808) Favourable step	▼ 8%
Balance sheet total	€ 11,424,495 Balance sheet total 2022: € 11,424,495 First fiscal year in the series	€ 10,440,085 Balance sheet total 2023: € 10,440,085 ▼ 9% vs 2022 (€ 11,424,495) Unchanged	€ 15,056,453 Balance sheet total 2024: € 15,056,453 ▲ 44% vs 2023 (€ 10,440,085) Unchanged	€ 15,525,096 Balance sheet total 2025: € 15,525,096 ▲ 3% vs 2024 (€ 15,056,453) Unchanged	▲ 3%
Employees (FTE)	15.3 Employees (FTE) 2022: 15.3 First fiscal year in the series	15.2 Employees (FTE) 2023: 15.2 ▼ 0.1 vs 2022 (15.3) Unchanged	14.5 Employees (FTE) 2024: 14.5 ▼ 0.7 vs 2023 (15.2) Unchanged	14.3 Employees (FTE) 2025: 14.3 ▼ 0.2 vs 2024 (14.5) Unchanged	▼ 0.2

Key figures of VERTEXCO, 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 VERTEXCO?

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

Jul 15, 2026 New annual accounts for financial year 2025: profit of € 1.5 million (▼ 18% vs 2024). Source: NBB ↗
Dec 1, 2022 New establishment in Menen. KBO
Jan 1, 2009 New establishment in Menen. KBO
Aug 26, 1992 Start of the company according to the CBE. KBO

In short

From € 965,267 profit in 2022 to € 1.5 million profit in 2025.

Paid € 1.7 million in corporate taxes since 2022.

Best year ever: 2024, with € 1.9 million profit.

Paid out € 3.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Stefaan Vercruysse VERVANCO VOF

VERTEXCO

Behind VERTEXCO are Stefaan Vercruysse and VERVANCO VOF.

Directors

According to the 2025 annual accounts

Stefaan Vercruysse

Managing director

VERVANCO VOF

Director · represented by Sofie Van der Looven

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 104

8930 Menen

2.337.796.010

Industrielaan 39A

8930 Menen

Active since 1 December 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

BTW-EENHEID 104

VERVANCO same network

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

Website

HTTPS vertexco.be

Canonical: https://www.vertexco.be/en-BE/

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Certifications & Partners

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Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

vertexco.be

Registered

2007-01-11

Website info

HTTPS Ja

Languages EN

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Security

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Details

Company number

0448.148.314

VAT number

BE 0448.148.314

Registered office

Industrielaan 104, 8930 Menen

Names & denominations

VERTEXCO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 August 1992

Peppol

Active · Active since 31 Oct 2025

Contact

vertexco.be [email protected] 056423080

Activities · NACE

Groothandel in chemische producten voor industrieel gebruik

Vervaardiging van poets- en reinigingsmiddelen

Vervaardiging van poets- en onderhoudsmiddelen

View on CBE Public ↗ Annual accounts (NBB) ↗

VERTEXCO

Financials

What happened to VERTEXCO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

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Hosting & Email

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Website info

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