Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 11.1 to 8.4.
Financials
Financial year 2025
VULSTEKE & VERBEKE from Poperinge, company number BE0460106731, closed financial year 2025 with a result of € 202,461 after tax. For that financial year VULSTEKE & VERBEKE recorded a gross margin of € 1.5 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 141,866 to € 202,461. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 1.4 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 202,461
▲ 43% vs 2024
Profit after tax over the fiscal year.
€ 285,051
▲ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 228,441 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
8.4
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 596,367
▲ 4% 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.
€ 652,178
▲ 4% vs 2024
Of which on lease € 606,600.
Debts at end 2025
€ 1.9 million
▼ 5% vs 2024
€ 412,331 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 270,158
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,128
▲ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,120,487 | € 1,358,449 | € 1,377,563 | € 1,514,111 | ▲ 10% |
| Profit after taxes | € 57,139 | € 177,613 | € 141,866 | € 202,461 | ▲ 43% |
| Equity | € 1,151,511 | € 1,329,124 | € 1,470,990 | € 1,445,010 | ▼ 2% |
| Total debts | € 2,770,555 | € 2,711,865 | € 2,508,743 | € 2,345,187 | ▼ 7% |
| Cash | € 203,812 | € 529,357 | € 162,991 | € 285,051 | ▲ 75% |
| Land & buildings | € 1,995,220 | € 1,876,018 | € 1,739,799 | € 1,593,286 | ▼ 8% |
| Retained profit | € 1,087,373 | € 1,264,986 | € 1,406,852 | € 1,380,871 | ▼ 2% |
| Dividend | € 0 | € 0 | € 0 | € 228,441 | |
| Bank debt | € 2,407,842 | € 2,191,770 | € 2,005,549 | € 1,914,306 | ▼ 5% |
| Balance sheet total | € 3,929,408 | € 4,046,331 | € 3,983,076 | € 3,791,539 | ▼ 5% |
| Employees (FTE) | 10.8 | 11.1 | 10.3 | 8.4 | ▼ 1.9 |
Key figures of VULSTEKE & VERBEKE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VULSTEKE & VERBEKE?
What happened at VULSTEKE & VERBEKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Helga VERBEKE stepped down as director. NBB
- Benedikt VULSTEKE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 202,461 (▲ 43% vs 2024). Source: NBB ↗
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,139 profit in 2022 to € 202,461 profit in 2025.
Paid € 218,286 in corporate taxes since 2022.
Best year ever: 2025, with € 202,461 profit.
On average € 180,300 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Helga VERBEKE
Managing director
· until 2030
Benedikt VULSTEKE
Managing director
· until 2030
Establishments
Establishment units
Physical locations of this company
Groot-Brittanniëlaan 7
8970 Poperinge
Frankrijklaan 14
8970 Poperinge
Active since 1 January 2005
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
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0460.106.731
- VAT number
- BE 0460.106.731
- Registered office
- Groot-Brittanniëlaan 7, 8970 Poperinge
- Names & denominations
- VULSTEKE & VERBEKE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 1997
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vulsteke-verbeke.be 057 33 77 07
- Activities · NACE
Andere afvalverwijdering
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Verhuur en lease van vrachtwagens
Verhuur van overige transportmiddelen voor vervoer te land
Overige verwerking en verwijdering van ongevaarlijk afval
Goederenvervoer over de weg
Terugwinning van materialen uit afval
Recycling van niet-metaalafval
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