What does Vertagro do?

Vertagro is a wholesaler in Heuvelland. Private Limited, started on 10 August 2020, 1 establishment.

What is the address of Vertagro?

The registered office of Vertagro is located at Nieuwkerkestraat(Wulv) 65, 8952 Heuvelland.

Is Vertagro still active?

Yes. According to the CBE (30 October 2026) Vertagro is active, legal situation “Normale toestand”, started on 10 August 2020.

Is Vertagro registered on Peppol?

Yes, Vertagro is registered on the Peppol network with ID 0208:0751920046.

What is the enterprise number of Vertagro?

The enterprise number of Vertagro is BE0751920046.

When was Vertagro founded?

Vertagro was founded on 10 August 2020.

Who are the directors of Vertagro?

According to the 2025 annual accounts, the directors of Vertagro are: Mario Vermeulen, Mathias Vermeulen.

Is Vertagro a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 August 2020; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Vertagro make in 2025?

Vertagro posted a profit after taxes of € 8,664 in financial year 2025.

What is the revenue of Vertagro?

In its most recent annual accounts (2025), Vertagro reported revenue of € 60,527,316.

How much does an employee at Vertagro earn?

The average wage cost per full-time employee at Vertagro was € 40,500 in 2025: staff costs of € 129,551 for 3.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Vertagro have?

According to the 2025 annual accounts, Vertagro has 3.2 full-time equivalents (FTE).

Vertagro (Private Limited) - Heuvelland - BE0751920046

Dossier Vertagro, printed on 30 October 2026 from databakkes.be/en/0751920046/vertagro. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 5.4 to 3.2.

Financials

Financial year 2025

Vertagro from Heuvelland, company number BE0751920046, closed financial year 2025 with a result of € 8,664 after tax. For that financial year Vertagro recorded revenue of € 60.5 million and equity of € 873,634. Compared with financial year 2024, the result moved from € 16,578 to € 8,664. 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 June 22, 2026.

What it is worth Growing

€ 873,634

▲ 1% vs 2024

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

Profit Healthy

€ 8,664

▼ 48% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 124% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 868,834.

People and assets in 2025

Full-time equivalents

3.2

▼ 1.2 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 268,289 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 129,551

▼ 38% vs 2024

€ 40,500 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

€ 109,100

▼ 36% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 114 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.

€ 4 million

▼ 1% vs 2024

€ 29,710 is repaid this year. At this pace the long-term loan is gone in ≈ 114 years.

Owed to suppliers

€ 1.2 million

▲ 20% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 7 days on average.

Taxes and wages

€ 37,359

▼ 79% 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
Revenue	€ 74,667,839 Revenue 2022: € 74,667,839 First fiscal year in the series	€ 69,925,132 Revenue 2023: € 69,925,132 ▼ 6% vs 2022 (€ 74,667,839) Unfavourable step	€ 70,663,875 Revenue 2024: € 70,663,875 ▲ 1% vs 2023 (€ 69,925,132) Favourable step	€ 60,527,316 Revenue 2025: € 60,527,316 ▼ 14% vs 2024 (€ 70,663,875) Unfavourable step	▼ 14%
Profit after taxes	€ 13,247 Profit after taxes 2022: € 13,247 First fiscal year in the series	€ 459,951 Profit after taxes 2023: € 459,951 ▲ € 446,704 vs 2022 (€ 13,247) Favourable step	€ 16,578 Profit after taxes 2024: € 16,578 ▼ 96% vs 2023 (€ 459,951) Unfavourable step	€ 8,664 Profit after taxes 2025: € 8,664 ▼ 48% vs 2024 (€ 16,578) Unfavourable step	▼ 48%
Equity	€ 388,441 Equity 2022: € 388,441 First fiscal year in the series	€ 848,392 Equity 2023: € 848,392 ▲ 118% vs 2022 (€ 388,441) Favourable step	€ 864,970 Equity 2024: € 864,970 ▲ 2% vs 2023 (€ 848,392) Favourable step	€ 873,634 Equity 2025: € 873,634 ▲ 1% vs 2024 (€ 864,970) Favourable step	▲ 1%
Total debts	€ 7,964,354 Total debts 2022: € 7,964,354 First fiscal year in the series	€ 7,949,424 Total debts 2023: € 7,949,424 Unchanged (€ 7,964,354) Favourable step	€ 8,563,232 Total debts 2024: € 8,563,232 ▲ 8% vs 2023 (€ 7,949,424) Unfavourable step	€ 8,559,678 Total debts 2025: € 8,559,678 Unchanged (€ 8,563,232) Favourable step
Cash	€ 595,273 Cash 2022: € 595,273 First fiscal year in the series	€ 449,055 Cash 2023: € 449,055 ▼ 25% vs 2022 (€ 595,273) Unfavourable step	€ 477,498 Cash 2024: € 477,498 ▲ 6% vs 2023 (€ 449,055) Favourable step	€ 1,071,912 Cash 2025: € 1,071,912 ▲ 124% vs 2024 (€ 477,498) Favourable step	▲ 124%
Retained profit	€ 383,641 Retained profit 2022: € 383,641 First fiscal year in the series	€ 843,592 Retained profit 2023: € 843,592 ▲ 120% vs 2022 (€ 383,641) Favourable step	€ 860,170 Retained profit 2024: € 860,170 ▲ 2% vs 2023 (€ 843,592) Favourable step	€ 868,834 Retained profit 2025: € 868,834 ▲ 1% vs 2024 (€ 860,170) Favourable step	▲ 1%
Bank debt	€ 4,097,023 Bank debt 2022: € 4,097,023 First fiscal year in the series	€ 3,881,503 Bank debt 2023: € 3,881,503 ▼ 5% vs 2022 (€ 4,097,023) Favourable step	€ 4,016,320 Bank debt 2024: € 4,016,320 ▲ 3% vs 2023 (€ 3,881,503) Unfavourable step	€ 3,968,643 Bank debt 2025: € 3,968,643 ▼ 1% vs 2024 (€ 4,016,320) Favourable step	▼ 1%
Balance sheet total	€ 8,352,796 Balance sheet total 2022: € 8,352,796 First fiscal year in the series	€ 8,797,816 Balance sheet total 2023: € 8,797,816 ▲ 5% vs 2022 (€ 8,352,796) Unchanged	€ 9,428,202 Balance sheet total 2024: € 9,428,202 ▲ 7% vs 2023 (€ 8,797,816) Unchanged	€ 9,433,312 Balance sheet total 2025: € 9,433,312 Unchanged (€ 9,428,202) Unchanged
Employees (FTE)	5.9 Employees (FTE) 2022: 5.9 First fiscal year in the series	5.4 Employees (FTE) 2023: 5.4 ▼ 0.5 vs 2022 (5.9) Unchanged	4.4 Employees (FTE) 2024: 4.4 ▼ 1 vs 2023 (5.4) Unchanged	3.2 Employees (FTE) 2025: 3.2 ▼ 1.2 vs 2024 (4.4) Unchanged	▼ 1.2

Key figures of Vertagro, 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 Vertagro?

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

Jun 22, 2026 New annual accounts for financial year 2025: profit of € 8,664 (▼ 48% vs 2024). Source: NBB ↗
Sep 1, 2020 New establishment in Heuvelland. KBO
2020 Mario Vermeulen became a director. NBB
2020 Mathias Vermeulen became a director. NBB
Aug 10, 2020 Start of the company according to the CBE. KBO

In short

From € 13,247 profit in 2022 to € 8,664 profit in 2025.

Paid € 203,004 in corporate taxes since 2022.

Best year ever: 2023, with € 459,951 profit.

Pays suppliers within 7 days on average.

Original PDFs at the National Bank ↗

Management

Mario Vermeulen Mathias Vermeulen

Robot Zwarteberg

TABALUX

Vertagro

Behind Vertagro are Mario Vermeulen and Mathias Vermeulen. Mario Vermeulen is also behind Robot Zwarteberg and TABALUX.

Directors

According to the 2025 annual accounts

Mario Vermeulen

Director

Also active at: Robot Zwarteberg, TABALUX

since 2020

Mathias Vermeulen

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwkerkestraat(Wulv) 65

8952 Heuvelland

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

HEIMA BOUW

TABALUX same network

€ 325,284 gross margin · 2025

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

Details

Company number

0751.920.046

VAT number

BE 0751.920.046

Registered office

Nieuwkerkestraat(Wulv) 65, 8952 Heuvelland

Names & denominations

Vertagro

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 August 2020

Peppol

Active · Active since 18 Dec 2025

Activities · NACE

Groothandel in tabaksproducten

Groothandel in ruwe tabak

View on CBE Public ↗ Annual accounts (NBB) ↗

Vertagro

Warning lights

Financials

What happened to Vertagro?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions