Warning lights
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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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VERSTEE from Oostkamp, company number BE0694956203, closed financial year 2026 with a result of € 30,753 after tax. For that financial year VERSTEE recorded a gross margin of € 91,846 and equity of € 4,365. Compared with financial year 2025, the result moved from € 659 to € 30,753. Profitable, and profit is growing. 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 June 1, 2026.
€ 4,365
▲ € 30,753 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,753
▲ € 30,093 vs 2025
Profit after tax over the fiscal year.
€ 27,087
▲ 53% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -55,635.
People and assets in 2026
1.6
Average over the fiscal year, from the social balance sheet.
€ 54,536
▲ 5% vs 2025
€ 34,100 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.
€ 1,703
▼ 47% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 15,643
▲ 74% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 20,666
▲ 8% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 35,609 | € 5,728 | € 59,290 | € 91,846 | ▲ 55% |
| Profit after taxes | € 681 | € -58,218 | € 659 | € 30,753 | ▲ € 30,093 |
| Equity | € 31,171 | € -27,047 | € -26,388 | € 4,365 | ▲ € 30,753 |
| Total debts | € 81,214 | € 163,201 | € 159,026 | € 167,587 | ▲ 5% |
| Cash | € 12,038 | € 15,588 | € 17,725 | € 27,087 | ▲ 53% |
| Retained profit | € -28,829 | € -87,047 | € -86,388 | € -55,635 | ▲ € 30,753 |
| Bank debt | € 1,600 | € 0 | € 696 | € 0 | ▼ 100% |
| Balance sheet total | € 112,385 | € 136,154 | € 132,639 | € 171,952 | ▲ 30% |
| Employees (FTE) | - | - | 1.6 | 1.6 |
By gross margin, VERSTEE ranks 3rd of 7 companies with main activity “Groothandel in huiden, vellen en leer” in West Flanders that publish figures (fiscal year 2026).
Key figures of VERSTEE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about VERSTEE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to VERSTEE?
What happened at VERSTEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 30,753 (▲ € 30,093 vs 2025). Source: NBB ↗
- Isabel Dochy became a director. NBB
- Guy Debruyne became a director. NBB
- New establishment in Oostkamp. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 681 profit in 2023 to € 30,753 profit in 2026.
Paid € 471 in corporate taxes since 2023.
Best year ever: 2026, with € 30,753 profit.
On average € 57,400 of value added per employee in 2026.
Management
Behind VERSTEE are Guy Debruyne and Isabel Dochy. Guy Debruyne is also behind C C Rubber.
Directors
According to the 2026 annual accounts
since 2022
Isabel Dochy
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 15
8020 Oostkamp
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VERBEURE Marc André Raymond Frans Jules(oprichter) 50%
- STEVENS Thibaud Pierre Etienne Paul Herman Guy(oprichter) 50%
Details
- Company number
- 0694.956.203
- VAT number
- BE 0694.956.203
- Registered office
- Nijverheidsstraat 15, 8020 Oostkamp
- Names & denominations
- VERSTEE · VERSTEE LEATHER CRAFTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2018
- Peppol
- Active · Active since 26 Feb 2025
- Contact
- verstee.be
- Activities · NACE
Groothandel in huiden, vellen en leer
Detailhandel in lederwaren en reisartikelen
Vervaardiging van koffers, tassen, zadel- en tuigmakerswerk van ongeacht welk materiaal