Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERTONGEN MPSV from Sint-Martens-Latem, company number BE0766278818, closed financial year 2025 with a result of € 43,033 after tax. For that financial year VERTONGEN MPSV recorded a gross margin of € 343,691 and equity of € 168,581. Compared with financial year 2024, the result moved from € 2,047 to € 43,033. 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 August 27, 2026.
€ 168,581
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,033
▲ € 40,986 vs 2024
Profit after tax over the fiscal year.
€ 66,453
▲ 165% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 166,081.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 131,863
▲ 6% vs 2024
€ 65,900 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.
€ 50,426
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▲ 24% vs 2024
€ 101,391 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 1,879
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,160
▼ 11% 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 | € 372,964 | € 361,467 | € 278,659 | € 343,691 | ▲ 23% |
| Profit after taxes | € 46,545 | € 74,457 | € 2,047 | € 43,033 | ▲ € 40,986 |
| Equity | € 49,045 | € 123,501 | € 125,548 | € 168,581 | ▲ 34% |
| Total debts | € 1,567,811 | € 1,727,494 | € 1,891,893 | € 2,326,826 | ▲ 23% |
| Cash | € 66,361 | € 6,528 | € 25,060 | € 66,453 | ▲ 165% |
| Land & buildings | € 1,433,974 | € 1,665,002 | € 1,899,580 | € 2,335,913 | ▲ 23% |
| Retained profit | € 46,545 | € 121,001 | € 123,048 | € 166,081 | ▲ 35% |
| Bank debt | € 1,493,801 | € 1,619,872 | € 1,772,887 | € 2,194,924 | ▲ 24% |
| Balance sheet total | € 1,616,855 | € 1,850,996 | € 2,017,442 | € 2,495,407 | ▲ 24% |
| Employees (FTE) | 1.3 | 2 | 2 | 2 |
Key figures of VERTONGEN MPSV, 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 VERTONGEN MPSV?
What happened at VERTONGEN MPSV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,033 (▲ € 40,986 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,545 profit in 2022 to € 43,033 profit in 2025.
Paid € 48,678 in corporate taxes since 2022.
Best year ever: 2023, with € 74,457 profit.
On average € 171,800 of value added per employee in 2025.
A new publication or filing at VERTONGEN MPSV? We notify you, reason included.
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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 VERTONGEN MPSV is SERVAAS VERTONGEN. SERVAAS VERTONGEN is also behind Vertongen Architecten and DE MUYNCK – VERTONGEN ARCHITECTEN.
Directors
According to the 2025 annual accounts
SERVAAS VERTONGEN
Andere functie
Also active at: Vertongen Architecten, DE MUYNCK – VERTONGEN ARCHITECTEN
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 187
9830 Sint-Martens-Latem
Kaarderijstraat 69 box b
9000 Gent
Active since 1 January 2026
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0766.278.818
- VAT number
- BE 0766.278.818
- Registered office
- Kortrijksesteenweg 187, 9830 Sint-Martens-Latem
- Names & denominations
- VERTONGEN MPSV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2021
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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Activiteiten van hoofdkantoren