Financials
Financial year 2024
VORTEX PANELS from Charleroi, company number BE0723905753, closed financial year 2024 with a result of € 3,617 after tax. For that financial year VORTEX PANELS recorded revenue of € 3.9 million and equity of € 1.3 million. Compared with financial year 2023, the result moved from € 493,932 to € 3,617. 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 10, 2025.
€ 1.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,617
▼ 99% vs 2023
Profit after tax over the fiscal year.
€ 263,985
▼ 59% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.2 million.
People and assets in 2024
6
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 288,277
▲ 12% vs 2023
€ 48,000 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.
€ 316,446
▲ 19% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 523,276
▲ 11% vs 2023
€ 71,804 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 125,569
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.
€ 36,601
▼ 26% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 3,455,446 | € 3,930,128 | ▲ 14% |
| Gross margin | € 401,795 | € 515,130 | - | - | |
| Profit after taxes | € 190,145 | € 213,309 | € 493,932 | € 3,617 | ▼ 99% |
| Equity | € 592,004 | € 805,313 | € 1,299,244 | € 1,302,861 | |
| Total debts | € 632,687 | € 463,964 | € 694,032 | € 696,221 | |
| Cash | € 9,660 | € 12,542 | € 648,788 | € 263,985 | ▼ 59% |
| Retained profit | € 528,004 | € 741,313 | € 1,235,244 | € 1,238,861 | |
| Bank debt | € 238,290 | € 156,758 | € 469,365 | € 523,276 | ▲ 11% |
| Balance sheet total | € 1,224,691 | € 1,269,277 | € 1,993,277 | € 1,999,082 | |
| Employees (FTE) | 3.9 | 4.6 | 5.6 | 6 | ▲ 0.4 |
Key figures of VORTEX PANELS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VORTEX PANELS?
What happened at VORTEX PANELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Shelzen Dzeladini stepped down as director. NBB
- Bafti DZELADINI stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 3,617 (▼ 99% vs 2023). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Shelzen Dzeladini became a director. NBB
- Bafti DZELADINI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 190,145 profit in 2021 to € 3,617 profit in 2024.
Paid € 291,454 in corporate taxes since 2021.
Best year ever: 2023, with € 493,932 profit.
On average € 112,000 of value added per employee in 2022.
Management
Directors
According to the 2024 annual accounts
since 2019 · until 2029
since 2019 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Horace Pierard 25
6060 Charleroi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0723.905.753
- VAT number
- BE 0723.905.753
- Registered office
- Rue Horace Pierard 25, 6060 Charleroi
- Names & denominations
- VORTEX PANELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2019
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
Vervaardiging van fineer en van panelen op basis van hout
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Goederenvervoer over de weg