What does VERTHUS do?

VERTHUS is a shop in Kortemark. Public Limited, started on 12 October 2001, 1 establishment.

What is the address of VERTHUS?

The registered office of VERTHUS is located at Edewallestraat 94, 8610 Kortemark.

Is VERTHUS still active?

Yes. According to the CBE (31 October 2026) VERTHUS is active, legal situation “Normale toestand”, started on 12 October 2001.

Is VERTHUS registered on Peppol?

Yes, VERTHUS is registered on the Peppol network with ID 0208:0475857749.

What is the enterprise number of VERTHUS?

The enterprise number of VERTHUS is BE0475857749.

When was VERTHUS founded?

VERTHUS was founded on 12 October 2001.

Who are the directors of VERTHUS?

According to the 2025 annual accounts, the directors of VERTHUS are: Nancy Vancoppenolle, Pinaco.

Is VERTHUS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 October 2001; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did VERTHUS make in 2025?

VERTHUS posted a profit after taxes of € 132,578 in financial year 2025.

What is the revenue of VERTHUS?

As a small company, VERTHUS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,142,551.

How much does an employee at VERTHUS earn?

The average wage cost per full-time employee at VERTHUS was € 43,900 in 2025: staff costs of € 1.8 million for 41.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERTHUS have?

According to the 2025 annual accounts, VERTHUS has 41.7 full-time equivalents (FTE).

VERTHUS (Public Limited) - Kortemark - BE0475857749

Dossier VERTHUS, printed on 31 October 2026 from databakkes.be/en/0475857749/verthus. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VERTHUS from Kortemark, company number BE0475857749, closed financial year 2025 with a result of € 132,578 after tax. For that financial year VERTHUS recorded a gross margin of € 2.1 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 235,920 to € 132,578. 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 February 2, 2026.

What it is worth Growing

€ 1.9 million

▲ 7% vs 2024

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

Profit Healthy

€ 132,578

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 489,878

▲ 22% vs 2024

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

Where the profit goes Pays out

€ 10,000 paid out

8 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

41.7

▲ 2.3 vs 2024

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

Wage cost

€ 1.8 million

▲ 9% vs 2024

€ 43,900 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

€ 105,210

▼ 4% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 112,716

▲ 11% vs 2024

€ 36,480 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 462,106

▲ 17% vs 2024

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

Taxes and wages

€ 350,963

▲ 6% 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
Gross margin	€ 2,058,378 Gross margin 2022: € 2,058,378 First fiscal year in the series	€ 2,205,452 Gross margin 2023: € 2,205,452 ▲ 7% vs 2022 (€ 2,058,378) Favourable step	€ 2,137,647 Gross margin 2024: € 2,137,647 ▼ 3% vs 2023 (€ 2,205,452) Unfavourable step	€ 2,142,551 Gross margin 2025: € 2,142,551 Unchanged (€ 2,137,647) Favourable step
Profit after taxes	€ 257,306 Profit after taxes 2022: € 257,306 First fiscal year in the series	€ 258,706 Profit after taxes 2023: € 258,706 ▲ 1% vs 2022 (€ 257,306) Favourable step	€ 235,920 Profit after taxes 2024: € 235,920 ▼ 9% vs 2023 (€ 258,706) Unfavourable step	€ 132,578 Profit after taxes 2025: € 132,578 ▼ 44% vs 2024 (€ 235,920) Unfavourable step	▼ 44%
Equity	€ 3,422,839 Equity 2022: € 3,422,839 First fiscal year in the series	€ 3,568,854 Equity 2023: € 3,568,854 ▲ 4% vs 2022 (€ 3,422,839) Favourable step	€ 1,735,219 Equity 2024: € 1,735,219 ▼ 51% vs 2023 (€ 3,568,854) Unfavourable step	€ 1,857,797 Equity 2025: € 1,857,797 ▲ 7% vs 2024 (€ 1,735,219) Favourable step	▲ 7%
Total debts	€ 833,178 Total debts 2022: € 833,178 First fiscal year in the series	€ 1,116,019 Total debts 2023: € 1,116,019 ▲ 34% vs 2022 (€ 833,178) Unfavourable step	€ 2,939,849 Total debts 2024: € 2,939,849 ▲ 163% vs 2023 (€ 1,116,019) Unfavourable step	€ 2,857,281 Total debts 2025: € 2,857,281 ▼ 3% vs 2024 (€ 2,939,849) Favourable step	▼ 3%
Cash	€ 325,800 Cash 2022: € 325,800 First fiscal year in the series	€ 499,116 Cash 2023: € 499,116 ▲ 53% vs 2022 (€ 325,800) Favourable step	€ 400,119 Cash 2024: € 400,119 ▼ 20% vs 2023 (€ 499,116) Unfavourable step	€ 489,878 Cash 2025: € 489,878 ▲ 22% vs 2024 (€ 400,119) Favourable step	▲ 22%
Land & buildings	€ 218,617 Land & buildings 2022: € 218,617 First fiscal year in the series	€ 167,975 Land & buildings 2023: € 167,975 ▼ 23% vs 2022 (€ 218,617) Unchanged	€ 136,083 Land & buildings 2024: € 136,083 ▼ 19% vs 2023 (€ 167,975) Unchanged	€ 80,311 Land & buildings 2025: € 80,311 ▼ 41% vs 2024 (€ 136,083) Unchanged	▼ 41%
Retained profit	€ 3,266,815 Retained profit 2022: € 3,266,815 First fiscal year in the series	€ 3,412,830 Retained profit 2023: € 3,412,830 ▲ 4% vs 2022 (€ 3,266,815) Favourable step	€ 1,579,195 Retained profit 2024: € 1,579,195 ▼ 54% vs 2023 (€ 3,412,830) Unfavourable step	€ 1,701,773 Retained profit 2025: € 1,701,773 ▲ 8% vs 2024 (€ 1,579,195) Favourable step	▲ 8%
Dividend	€ 87,691 Dividend 2022: € 87,691 First fiscal year in the series	€ 112,691 Dividend 2023: € 112,691 ▲ 29% vs 2022 (€ 87,691) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 112,691) Unchanged	€ 10,000 Dividend 2025: € 10,000 Unchanged (€ 0) Unchanged
Bank debt	€ 41,282 Bank debt 2022: € 41,282 First fiscal year in the series	€ 146,663 Bank debt 2023: € 146,663 ▲ 255% vs 2022 (€ 41,282) Unfavourable step	€ 101,623 Bank debt 2024: € 101,623 ▼ 31% vs 2023 (€ 146,663) Favourable step	€ 112,716 Bank debt 2025: € 112,716 ▲ 11% vs 2024 (€ 101,623) Unfavourable step	▲ 11%
Balance sheet total	€ 4,256,016 Balance sheet total 2022: € 4,256,016 First fiscal year in the series	€ 4,684,872 Balance sheet total 2023: € 4,684,872 ▲ 10% vs 2022 (€ 4,256,016) Unchanged	€ 4,675,068 Balance sheet total 2024: € 4,675,068 Unchanged (€ 4,684,872) Unchanged	€ 4,715,078 Balance sheet total 2025: € 4,715,078 ▲ 1% vs 2024 (€ 4,675,068) Unchanged	▲ 1%
Employees (FTE)	40.4 Employees (FTE) 2022: 40.4 First fiscal year in the series	38.5 Employees (FTE) 2023: 38.5 ▼ 1.9 vs 2022 (40.4) Unchanged	39.4 Employees (FTE) 2024: 39.4 ▲ 0.9 vs 2023 (38.5) Unchanged	41.7 Employees (FTE) 2025: 41.7 ▲ 2.3 vs 2024 (39.4) Unchanged	▲ 2.3

Key figures of VERTHUS, 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 January 2027.

What happened to VERTHUS?

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

2030 Nancy Vancoppenolle stepped down as director. NBB
2030 Pinaco stepped down as director. NBB
Feb 2, 2026 New annual accounts for financial year 2025: profit of € 132,578 (▼ 44% vs 2024). filed late Source: NBB ↗
2024 Nancy Vancoppenolle became a director. NBB
2024 Pinaco became a director. NBB
Nov 19, 2001 New establishment in Kortemark. KBO
Oct 12, 2001 Start of the company according to the CBE. KBO

In short

From € 257,306 profit in 2022 to € 132,578 profit in 2025.

Paid € 241,436 in corporate taxes since 2022.

Best year ever: 2023, with € 258,706 profit.

On average € 51,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

PINACO 47%

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

VERTHUS

The shares are held by PINACO (47%).

Directors

According to the 2025 annual accounts

Nancy Vancoppenolle

Director

Also active at: PINACO

since 2024 · until 2030

Pinaco

Managing director

since 2024 · until 2030

Shareholders

PINACO

47%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Edewallestraat 94

8610 Kortemark

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

Details

Company number

0475.857.749

VAT number

BE 0475.857.749

Registered office

Edewallestraat 94, 8610 Kortemark

Names & denominations

VERTHUS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 October 2001

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Overige niet-gespecialiseerde detailhandel

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)

Algemene elektrotechnische installatiewerken

Sanitaire werkzaamheden

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van verwarming, klimaatregeling en ventilatie

View on CBE Public ↗ Annual accounts (NBB) ↗

VERTHUS

Financials

What happened to VERTHUS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions