Financials
Financial year 2025
Steel Service Center Oudenaarde from Wortegem-Petegem, company number BE0765439074, closed financial year 2025 with a result of € 98,877 after tax. For that financial year Steel Service Center Oudenaarde recorded a gross margin of € 2.8 million and equity of € 200,609. Compared with financial year 2024, the result moved from € 101,592 to € 98,877. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 200,609
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,877
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 61,603
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
76 % of the profit went to the shareholders, mostly to VERGALLE INVEST NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
38.1
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 14% vs 2024
€ 70,400 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.
Debts at end 2025
€ 200,000
Loans from banks and other lenders, long and short.
€ 43,042
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 487,629
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,306,560 | € 2,228,685 | € 2,488,191 | € 2,830,068 | ▲ 14% |
| Profit after taxes | € 27,080 | € 83,560 | € 101,592 | € 98,877 | ▼ 3% |
| Equity | € 89,580 | € 75,140 | € 176,732 | € 200,609 | ▲ 14% |
| Total debts | € 347,372 | € 614,577 | € 525,005 | € 805,671 | ▲ 53% |
| Cash | € 222,111 | € 432,212 | € 200,066 | € 61,603 | ▼ 69% |
| Retained profit | € 27,080 | € 12,640 | € 114,232 | € 138,109 | ▲ 21% |
| Dividend | € 0 | € 98,000 | € 0 | € 75,000 | |
| Bank debt | € 0 | € 0 | € 0 | € 200,000 | |
| Balance sheet total | € 436,952 | € 689,717 | € 701,738 | € 1,006,280 | ▲ 43% |
| Employees (FTE) | 30.7 | 33.7 | 33.7 | 38.1 | ▲ 4.4 |
Key figures of Steel Service Center Oudenaarde, 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 Steel Service Center Oudenaarde?
What happened at Steel Service Center Oudenaarde in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ciskon BV stepped down as director. NBB
- VERGALLE INVEST NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 98,877 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Kluisbergen. KBO
- Ciskon BV became a director. NBB
- VERGALLE INVEST NV became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,080 profit in 2022 to € 98,877 profit in 2025.
Paid € 141,252 in corporate taxes since 2022.
Best year ever: 2024, with € 101,592 profit.
On average € 74,300 of value added per employee in 2025.
Management
The shares are held by VERGALLE INVEST NV (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Francis Vergalle
Also active at: AVASCO INDUSTRIES, MIMMO, Vergalle, VERGALLE INVEST
since 2021 · until 2027
Chairman of the board · represented by Frank Vergalle
Owns 19.8% via VERGALLE INVEST NV
Also active at: STOKOTA, CAFMEYER, AVASCO INDUSTRIES, Vergalle, AVASCO SUBCONTRACTING, AVASCO SHELVING, AVASCO SOLAR
since 2021 · until 2027
Shareholders
VERGALLE INVEST NV · holding of VERGALLE INVEST NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudenaardseweg (W.-M.) 81
9790 Wortegem-Petegem
Berchemweg 75
9700 Oudenaarde
Active since 19 March 2021
Stroomlaan 14
9690 Kluisbergen
Active since 27 May 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.439.074
- VAT number
- BE 0765.439.074
- Registered office
- Oudenaardseweg (W.-M.) 81, 9790 Wortegem-Petegem
- Names & denominations
- Steel Service Center Oudenaarde
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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