Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERSTRAETE AFWERKING from Wielsbeke, company number BE0843621965, closed financial year 2025 with a result of € 9,924 after tax. For that financial year VERSTRAETE AFWERKING recorded a gross margin of € 26,851 and equity of € 31,691. Compared with financial year 2024, the result moved from € 1,683 to € 9,924. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 31,691
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,924
▲ € 8,241 vs 2024
Profit after tax over the fiscal year.
€ 26,320
▲ 19% 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 € 26,371.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 101,566
▼ 9% vs 2024
€ 9,644 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 4,268
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,417
▲ 279% 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 | € 16,919 | € 21,018 | € 11,831 | € 26,851 | ▲ 127% |
| Profit after taxes | € 6,019 | € 8,403 | € 1,683 | € 9,924 | ▲ € 8,241 |
| Equity | € 38,560 | € 46,963 | € 21,767 | € 31,691 | ▲ 46% |
| Total debts | € 152,194 | € 134,637 | € 143,440 | € 149,898 | ▲ 5% |
| Cash | € 34,823 | € 32,589 | € 22,124 | € 26,320 | ▲ 19% |
| Land & buildings | € 147,528 | € 144,220 | € 141,270 | € 153,492 | ▲ 9% |
| Retained profit | € 33,240 | € 41,643 | € 16,447 | € 26,371 | ▲ 60% |
| Dividend | € 0 | € 0 | € 26,879 | € 0 | ▼ 100% |
| Bank debt | € 129,281 | € 120,241 | € 111,004 | € 101,566 | ▼ 9% |
| Balance sheet total | € 194,390 | € 185,236 | € 168,843 | € 185,225 | ▲ 10% |
Key figures of VERSTRAETE AFWERKING, 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 VERSTRAETE AFWERKING?
What happened at VERSTRAETE AFWERKING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,924 (▲ € 8,241 vs 2024). filed late Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,019 profit in 2022 to € 9,924 profit in 2025.
Paid € 13,482 in corporate taxes since 2022.
Best year ever: 2025, with € 9,924 profit.
Paid out € 26,879 in dividends to the owners in total.
A new publication or filing at VERSTRAETE AFWERKING? 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 VERSTRAETE AFWERKING is Patrick Verstraete.
Directors
According to the 2025 annual accounts
Patrick Verstraete
Director
Establishments
Establishment units
Physical locations of this company
Hulstersestraat(O) 116 box A
8710 Wielsbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.621.965
- VAT number
- BE 0843.621.965
- Registered office
- Hulstersestraat(O) 116 bus A, 8710 Wielsbeke
- Names & denominations
- VERSTRAETE AFWERKING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2012
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Stukadoorswerk
Installatie van isolatie
Schrijnwerk
Chapewerken
Plaatsen van vloer- en wandtegels
Isolatiewerkzaamheden