Financials
Financial year 2025
Verstraete Electrics from Wortegem-Petegem, company number BE0507890515, closed financial year 2025 with a result of € 44,125 after tax. For that financial year Verstraete Electrics recorded a gross margin of € 75,691 and equity of € 233,776. Compared with financial year 2024, the result moved from € 54,565 to € 44,125. 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 August 31, 2026.
€ 233,776
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,125
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 17,659
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 214,371.
Debts at end 2025
€ 79,242
▼ 10% vs 2024
€ 8,921 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 16,535
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,473
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 66,521 | € 59,901 | € 93,474 | € 75,691 | ▼ 19% |
| Profit after taxes | € 33,009 | € 22,404 | € 54,565 | € 44,125 | ▼ 19% |
| Equity | € 112,681 | € 135,085 | € 189,650 | € 233,776 | ▲ 23% |
| Total debts | € 208,915 | € 152,662 | € 162,546 | € 132,692 | ▼ 18% |
| Cash | € 31,582 | € 42,743 | € 93,526 | € 17,659 | ▼ 81% |
| Land & buildings | € 161,814 | € 155,213 | € 148,612 | € 142,011 | ▼ 4% |
| Retained profit | € 93,276 | € 115,680 | € 170,245 | € 214,371 | ▲ 26% |
| Bank debt | € 104,957 | € 96,557 | € 87,986 | € 79,242 | ▼ 10% |
| Balance sheet total | € 321,596 | € 287,747 | € 352,196 | € 366,467 | ▲ 4% |
Key figures of Verstraete Electrics, 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 Verstraete Electrics?
What happened at Verstraete Electrics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,125 (▼ 19% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Wortegem-Petegem. KBO
In short
From € 33,009 profit in 2022 to € 44,125 profit in 2025.
Paid € 58,944 in corporate taxes since 2022.
Best year ever: 2024, with € 54,565 profit.
Management
Behind Verstraete Electrics is NICO VERSTRAETE.
Directors
According to the 2025 annual accounts
NICO VERSTRAETE
Director
Establishments
Establishment units
Physical locations of this company
Ommegangstraat (P.) 9
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.890.515
- VAT number
- BE 0507.890.515
- Registered office
- Ommegangstraat (P.) 9, 9790 Wortegem-Petegem
- Names & denominations
- Verstraete Electrics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2015
- Peppol
- Active · Active since 27 Mar 2024
- Contact
- [email protected]
- Activities · NACE
Algemene elektrotechnische installatiewerken
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Elektrotechnische installatiewerken van nijverheidsinrichtingen
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