Financials
Financial year 2025
VERSCHAETE from Izegem, company number BE0475033645, closed financial year 2025 with a result of € 205,735 after tax. For that financial year VERSCHAETE recorded a gross margin of € 755,313 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 285,187 to € 205,735. 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 November 28, 2025.
€ 1.2 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 205,735
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 779,303
▲ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,241 paid out
24 % of the profit went to the shareholders, mostly to SVA (100 % of the shares). That is where the money ends up.
People and assets in 2025
6
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 446,313
▲ 18% vs 2024
€ 74,400 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.
€ 97,844
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 130,000
▲ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 302,648
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,675
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 579,434 | € 418,672 | € 790,706 | € 755,313 | ▼ 4% |
| Profit after taxes | € 132,307 | € 20,424 | € 285,187 | € 205,735 | ▼ 28% |
| Equity | € 800,812 | € 791,084 | € 1,046,121 | € 1,201,615 | ▲ 15% |
| Total debts | € 606,005 | € 633,809 | € 699,021 | € 576,292 | ▼ 18% |
| Cash | € 431,740 | € 419,886 | € 416,531 | € 779,303 | ▲ 87% |
| Land & buildings | € 433,362 | € 420,573 | € 394,145 | € 368,599 | ▼ 6% |
| Retained profit | € 794,612 | € 784,884 | € 1,039,921 | € 1,195,415 | ▲ 15% |
| Dividend | € 165,829 | € 30,151 | € 30,151 | € 50,241 | ▲ 67% |
| Bank debt | € 174,382 | € 136,876 | € 105,000 | € 130,000 | ▲ 24% |
| Balance sheet total | € 1,406,817 | € 1,424,894 | € 1,745,142 | € 1,777,908 | ▲ 2% |
| Employees (FTE) | 6.2 | 5.6 | 5.9 | 6 | ▲ 0.1 |
Key figures of VERSCHAETE, 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 November 2026.
What happened to VERSCHAETE?
What happened at VERSCHAETE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 205,735 (▼ 28% vs 2024). Source: NBB ↗
- Saskia Magdalena Verschaete became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 132,307 profit in 2022 to € 205,735 profit in 2025.
Paid € 230,266 in corporate taxes since 2022.
Best year ever: 2024, with € 285,187 profit.
On average € 125,900 of value added per employee in 2025.
A new publication or filing at VERSCHAETE? We notify you, reason included.
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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
Management
The stake of SVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERSCHAETEBehind VERSCHAETE are Andy Andre Verschaete and Saskia Magdalena Verschaete. The shares are held by SVA (100%).
Establishments
Establishment units
Physical locations of this company
Kachtemsestraat 107
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.033.645
- VAT number
- BE 0475.033.645
- Registered office
- Kachtemsestraat 107, 8870 Izegem
- Names & denominations
- VERSCHAETE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2001
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof