Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vertex from Gent, company number BE0809492417, closed financial year 2025 with a result of € -45,426 after tax. For that financial year Vertex recorded a gross margin of € -40,416 and equity of € 25,421. Compared with financial year 2024, the result moved from € -20,100 to € -45,426. The company made a loss. The buffer shrank hard: equity is 64 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 25,421
▼ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,426
▼ 126 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,595
▲ 134% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,221.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 27,501
▲ € 27,024 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,609
▲ 103% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 884
▼ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,332 | € -51,739 | € -15,279 | € -40,416 | ▼ € 25,137 |
| Profit after taxes | € 13,080 | € -60,347 | € -20,100 | € -45,426 | ▼ € 25,327 |
| Equity | € 151,295 | € 90,948 | € 70,848 | € 25,421 | ▼ 64% |
| Total debts | € 24,686 | € 20,772 | € 4,098 | € 34,092 | ▲ € 29,994 |
| Cash | € 152 | € 0 | € 1,110 | € 2,595 | ▲ 134% |
| Retained profit | € 145,095 | € 84,748 | € 64,648 | € 19,221 | ▼ 70% |
| Bank debt | € 0 | € 14,436 | € 0 | € 0 | |
| Balance sheet total | € 175,981 | € 111,719 | € 74,946 | € 59,513 | ▼ 21% |
Key figures of Vertex, 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 Vertex?
What happened at Vertex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 45,426. Source: NBB ↗
- Frank Montyne became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,080 profit in 2022 to € 45,426 loss in 2025.
Paid € 9,942 in corporate taxes since 2022.
Best year ever: 2022, with € 13,080 profit.
Management
Behind Vertex is Frank Montyne.
Directors
According to the 2025 annual accounts
Frank Montyne
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Gouvernementstraat 38
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0809.492.417
- VAT number
- BE 0809.492.417
- Registered office
- Gouvernementstraat 38, 9000 Gent
- Names & denominations
- Vertex
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2009
- Peppol
- Active · Active since 27 Oct 2026
- Activities · NACE
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