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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
85 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VERSTRAETE RINO from Kortrijk, company number BE0678389987, closed financial year 2025 with a result of € 35,667 after tax. For that financial year VERSTRAETE RINO recorded a gross margin of € 60,349 and equity of € 20,780. Compared with financial year 2024, the result moved from € 85,032 to € 35,667. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 20,780
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,667
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 529,740
▲ € 442,498 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 227,142
Loans from banks and other lenders, long and short.
€ 192,438
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 102,601
▲ 223% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,013 | € 79,978 | € 103,618 | € 60,349 | ▼ 42% |
| Profit after taxes | € 16,971 | € 80,555 | € 85,032 | € 35,667 | ▼ 58% |
| Equity | € -16,474 | € 20,082 | € 20,113 | € 20,780 | ▲ 3% |
| Total debts | € 130,173 | € 472,805 | € 267,109 | € 575,707 | ▲ 116% |
| Cash | € 98,892 | € 46,738 | € 87,242 | € 529,740 | ▲ € 442,498 |
| Retained profit | € -36,474 | € 82 | € 113 | € 780 | ▲ € 667 |
| Dividend | € 0 | € 44,000 | € 85,000 | € 35,000 | ▼ 59% |
| Bank debt | € 0 | € 0 | € 0 | € 227,142 | |
| Balance sheet total | € 204,199 | € 573,386 | € 367,723 | € 665,987 | ▲ 81% |
Key figures of VERSTRAETE RINO, 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 RINO?
What happened at VERSTRAETE RINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,667 (▼ 58% vs 2024). Source: NBB ↗
- Thibault Verstraete became a director. NBB
- Vesta Group NV became a director. NBB
- Patricia Schautteet became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,971 profit in 2022 to € 35,667 profit in 2025.
Paid € 57,430 in corporate taxes since 2022.
Best year ever: 2024, with € 85,032 profit.
Paid out € 164,000 in dividends to the owners in total.
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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
Behind VERSTRAETE RINO are Thibault Verstraete, Vesta Group NV and Patricia Schautteet. The same people are also behind VERSTRAETE, VILLA FRANCINE, AVABEKE, FUGAVE and KBP BUSINESS CENTER. Thibault Verstraete is also behind THIVEPRO and Vesta Group. Vesta Group NV is also behind JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING and QUAEDE ACKER. Patricia Schautteet is also behind Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, VEMACO and DUINENVELD.
Directors
According to the 2025 annual accounts
Thibault Verstraete
Director
Also active at: VERSTRAETE, VILLA FRANCINE, AVABEKE, FUGAVE, KBP BUSINESS CENTER, JABITO, VERSTRAETE BOUWPROJECTEN, THIVEPRO +4 more
since 2024
Chairman of the board, Director · represented by Christophe Verstraete
Also active at: VERSTRAETE, VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING, QUAEDE ACKER, AROES +24 more
since 2024
Patricia Schautteet
Director
Also active at: Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, VERSTRAETE, VEMACO, DUINENVELD, DE POORTERIJ, BROUWERSHOF +31 more
since 2019
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 26 box 51
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 85 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.389.987
- VAT number
- BE 0678.389.987
- Registered office
- Beneluxpark(Kor) 26 bus 51, 8500 Kortrijk
- Names & denominations
- VERSTRAETE RINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2017
- Peppol
- Active · Active since 16 Jan 2026
- Contact
- verstraete.biz [email protected]
- Activities · NACE
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