What does VERSCHAETE do?

VERSCHAETE is a joiner in Izegem. Private Limited, started on 19 June 2001, 1 establishment.

What is the address of VERSCHAETE?

The registered office of VERSCHAETE is located at Kachtemsestraat 107, 8870 Izegem.

Is VERSCHAETE still active?

Yes. According to the CBE (15 November 2026) VERSCHAETE is active, legal situation “Normale toestand”, started on 19 June 2001.

Is VERSCHAETE registered on Peppol?

Yes, VERSCHAETE is registered on the Peppol network with ID 0208:0475033645.

What is the enterprise number of VERSCHAETE?

The enterprise number of VERSCHAETE is BE0475033645.

When was VERSCHAETE founded?

VERSCHAETE was founded on 19 June 2001.

Who are the directors of VERSCHAETE?

According to the 2025 annual accounts, the directors of VERSCHAETE are: Andy Andre Verschaete, Saskia Magdalena Verschaete.

Is VERSCHAETE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 June 2001; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did VERSCHAETE make in 2025?

VERSCHAETE posted a profit after taxes of € 205,735 in financial year 2025.

What is the revenue of VERSCHAETE?

As a small company, VERSCHAETE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 755,313.

How much does an employee at VERSCHAETE earn?

The average wage cost per full-time employee at VERSCHAETE was € 74,400 in 2025: staff costs of € 446,313 for 6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERSCHAETE have?

According to the 2025 annual accounts, VERSCHAETE has 6 full-time equivalents (FTE).

VERSCHAETE (Private Limited) - Izegem - BE0475033645

Dossier VERSCHAETE, printed on 15 November 2026 from databakkes.be/en/0475033645/verschaete. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

What it is worth Growing

€ 1.2 million

▲ 15% vs 2024

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

Profit Healthy

€ 205,735

▼ 28% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 779,303

▲ 87% vs 2024

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

Where the profit goes Pays out

€ 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

Full-time equivalents

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 97,844

▲ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 130,000

▲ 24% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 302,648

▼ 34% vs 2024

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

Taxes and wages

€ 40,675

▼ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 579,434 Gross margin 2022: € 579,434 First fiscal year in the series	€ 418,672 Gross margin 2023: € 418,672 ▼ 28% vs 2022 (€ 579,434) Unfavourable step	€ 790,706 Gross margin 2024: € 790,706 ▲ 89% vs 2023 (€ 418,672) Favourable step	€ 755,313 Gross margin 2025: € 755,313 ▼ 4% vs 2024 (€ 790,706) Unfavourable step	▼ 4%
Profit after taxes	€ 132,307 Profit after taxes 2022: € 132,307 First fiscal year in the series	€ 20,424 Profit after taxes 2023: € 20,424 ▼ 85% vs 2022 (€ 132,307) Unfavourable step	€ 285,187 Profit after taxes 2024: € 285,187 ▲ € 264,764 vs 2023 (€ 20,424) Favourable step	€ 205,735 Profit after taxes 2025: € 205,735 ▼ 28% vs 2024 (€ 285,187) Unfavourable step	▼ 28%
Equity	€ 800,812 Equity 2022: € 800,812 First fiscal year in the series	€ 791,084 Equity 2023: € 791,084 ▼ 1% vs 2022 (€ 800,812) Unfavourable step	€ 1,046,121 Equity 2024: € 1,046,121 ▲ 32% vs 2023 (€ 791,084) Favourable step	€ 1,201,615 Equity 2025: € 1,201,615 ▲ 15% vs 2024 (€ 1,046,121) Favourable step	▲ 15%
Total debts	€ 606,005 Total debts 2022: € 606,005 First fiscal year in the series	€ 633,809 Total debts 2023: € 633,809 ▲ 5% vs 2022 (€ 606,005) Unfavourable step	€ 699,021 Total debts 2024: € 699,021 ▲ 10% vs 2023 (€ 633,809) Unfavourable step	€ 576,292 Total debts 2025: € 576,292 ▼ 18% vs 2024 (€ 699,021) Favourable step	▼ 18%
Cash	€ 431,740 Cash 2022: € 431,740 First fiscal year in the series	€ 419,886 Cash 2023: € 419,886 ▼ 3% vs 2022 (€ 431,740) Unfavourable step	€ 416,531 Cash 2024: € 416,531 ▼ 1% vs 2023 (€ 419,886) Unfavourable step	€ 779,303 Cash 2025: € 779,303 ▲ 87% vs 2024 (€ 416,531) Favourable step	▲ 87%
Land & buildings	€ 433,362 Land & buildings 2022: € 433,362 First fiscal year in the series	€ 420,573 Land & buildings 2023: € 420,573 ▼ 3% vs 2022 (€ 433,362) Unchanged	€ 394,145 Land & buildings 2024: € 394,145 ▼ 6% vs 2023 (€ 420,573) Unchanged	€ 368,599 Land & buildings 2025: € 368,599 ▼ 6% vs 2024 (€ 394,145) Unchanged	▼ 6%
Retained profit	€ 794,612 Retained profit 2022: € 794,612 First fiscal year in the series	€ 784,884 Retained profit 2023: € 784,884 ▼ 1% vs 2022 (€ 794,612) Unfavourable step	€ 1,039,921 Retained profit 2024: € 1,039,921 ▲ 32% vs 2023 (€ 784,884) Favourable step	€ 1,195,415 Retained profit 2025: € 1,195,415 ▲ 15% vs 2024 (€ 1,039,921) Favourable step	▲ 15%
Dividend	€ 165,829 Dividend 2022: € 165,829 First fiscal year in the series	€ 30,151 Dividend 2023: € 30,151 ▼ 82% vs 2022 (€ 165,829) Unchanged	€ 30,151 Dividend 2024: € 30,151 Unchanged (€ 30,151) Unchanged	€ 50,241 Dividend 2025: € 50,241 ▲ 67% vs 2024 (€ 30,151) Unchanged	▲ 67%
Bank debt	€ 174,382 Bank debt 2022: € 174,382 First fiscal year in the series	€ 136,876 Bank debt 2023: € 136,876 ▼ 22% vs 2022 (€ 174,382) Favourable step	€ 105,000 Bank debt 2024: € 105,000 ▼ 23% vs 2023 (€ 136,876) Favourable step	€ 130,000 Bank debt 2025: € 130,000 ▲ 24% vs 2024 (€ 105,000) Unfavourable step	▲ 24%
Balance sheet total	€ 1,406,817 Balance sheet total 2022: € 1,406,817 First fiscal year in the series	€ 1,424,894 Balance sheet total 2023: € 1,424,894 ▲ 1% vs 2022 (€ 1,406,817) Unchanged	€ 1,745,142 Balance sheet total 2024: € 1,745,142 ▲ 22% vs 2023 (€ 1,424,894) Unchanged	€ 1,777,908 Balance sheet total 2025: € 1,777,908 ▲ 2% vs 2024 (€ 1,745,142) Unchanged	▲ 2%
Employees (FTE)	6.2 Employees (FTE) 2022: 6.2 First fiscal year in the series	5.6 Employees (FTE) 2023: 5.6 ▼ 0.6 vs 2022 (6.2) Unchanged	5.9 Employees (FTE) 2024: 5.9 ▲ 0.3 vs 2023 (5.6) Unchanged	6 Employees (FTE) 2025: 6 ▲ 0.1 vs 2024 (5.9) Unchanged	▲ 0.1

By gross margin, VERSCHAETE ranks 4th of 48 companies with main activity “Schrijnwerk” in Izegem that publish figures (fiscal year 2025).

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.

Ask about VERSCHAETE the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

Connect ChatGPT or Claude for free

ChatGPT
Claude

Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.

What happened to VERSCHAETE?

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

Nov 28, 2025 New annual accounts for financial year 2025: profit of € 205,735 (▼ 28% vs 2024). Source: NBB ↗
2021 Saskia Magdalena Verschaete became a director. NBB
Oct 8, 2001 New establishment in Izegem. KBO
Jun 19, 2001 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.

Original PDFs at the National Bank ↗

Management

SVA 100%

The stake of SVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VERSCHAETE

Behind VERSCHAETE are Andy Andre Verschaete and Saskia Magdalena Verschaete. The shares are held by SVA (100%).

Directors

According to the 2025 annual accounts

Andy Andre Verschaete

Director

Also active at: SVA

Saskia Magdalena Verschaete

Director

Also active at: SVA

since 2021

Shareholders

SVA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

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 →

SVA same network

€ 130,481 gross margin · 2025

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

Similar companies in Izegem

Same main activity (Schrijnwerk), 59 active companies in Izegem, largest first.

WERBROUCK ALU-PVC

€ 7 million revenue · 2025

INTERIEUR STEEN

€ 1.4 million gross margin · 2025

DEUREN PLETS

€ 972,224 gross margin · 2026

INTERIEUR LIEVENS

€ 855,058 gross margin · 2026

BASIX afsluitingen

€ 754,846 gross margin · 2025

Rokri Doors

€ 721,316 gross margin · 2025

All companies with this activity → Largest companies in Izegem →

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

View on CBE Public ↗ Annual accounts (NBB) ↗

VERSCHAETE

Financials

Ask about VERSCHAETE the way you would ask their accountant.

What happened to VERSCHAETE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Similar companies in Izegem

Details

Frequently asked questions