ACTIVE

VERTRONICS

Financial year 2025 · closed on 31/12/2025
Net result
206,5 k €
+256.0% YoY
Gross margin
856,2 k €
+18.4% YoY
Equity
-332,6 k €
+38.3% YoY
Workforce
8,4 ETP
-21.5% YoY

What does VERTRONICS do?

VERTRONICS is a Public limited company incorporated in 1989. Its main activity is: Electrical installation. Its registered office is in Gavere. It employs on average 8,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.360.339
Incorporation
06/01/1989
Legal form
Public limited company
Registered office
Stationsstraat 180 box /1
9890 Gavere · FlandreSee on map
Contributed capital
155 000,00 €
Latest accounts
31/12/2025
Average workforce
8,4 ETP
Joint committees (1)
  • 14901
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin856,2 k €723,1 k €954,6 k €1,1 M €959,3 k €1,3 M €1,4 M €1,2 M €1,2 M €2,0 M €1,8 M €2,0 M €1,7 M €1,6 M €1,1 M €979,7 k €870,1 k €1,2 M €
EBITDA262,9 k €-58,1 k €-81,8 k €39,8 k €-67,0 k €173,0 k €101,6 k €-74,7 k €34,0 k €694,6 k €504,2 k €540,8 k €299,7 k €473,2 k €200,7 k €223,6 k €107,5 k €244,8 k €
Operating result257,1 k €-65,1 k €-89,3 k €6,2 k €-101,7 k €128,3 k €45,3 k €37,2 k €-34,1 k €591,8 k €434,0 k €412,1 k €220,8 k €255,1 k €153,0 k €130,7 k €74,4 k €142,5 k €
Net result206,5 k €-132,3 k €-252,7 k €-83,4 k €-251,1 k €-52,7 k €-117,3 k €-103,9 k €-135,6 k €280,6 k €301,1 k €104,2 k €49,3 k €74,2 k €7,9 k €7,9 k €21,3 k €32,0 k €
Balance sheet
Equity-332,6 k €-539,1 k €-406,8 k €-154,1 k €-70,7 k €180,4 k €233,1 k €350,4 k €454,4 k €590,0 k €309,4 k €308,4 k €204,2 k €154,8 k €80,6 k €72,7 k €64,8 k €43,5 k €
Total assets2,3 M €2,0 M €2,3 M €2,2 M €2,4 M €3,6 M €3,7 M €3,8 M €3,3 M €2,7 M €2,9 M €4,4 M €3,5 M €3,0 M €2,2 M €2,3 M €1,9 M €1,9 M €
Cash29,0 k €867,3 €17,4 k €5,6 k €2,8 k €16,6 k €32,5 €21,3 k €16,0 €7,3 k €47,5 k €30,3 €135,4 k €15,7 k €37,8 €20,8 €42,4 €28,0 €
Debts2,6 M €2,6 M €2,7 M €2,4 M €2,2 M €3,4 M €3,4 M €3,4 M €2,8 M €2,1 M €2,6 M €4,1 M €3,3 M €2,9 M €2,1 M €2,2 M €1,8 M €1,8 M €
Other
Workforce8,4 ETP10,7 ETP13,5 ETP16,6 ETP19,5 ETP22,2 ETP22,2 ETP22,2 ETP24,5 ETP26,8 ETP31,1 ETP30,8 ETP28,1 ETP24,2 ETP20,3 ETP18,2 ETP19,5 ETP21,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

BERNARD VERSTRAETEN

Managing director · since 02 mai 2023 · until 30 juin 2029

Active

Ended mandates

Gaëtan VERSTRAETEN

Director · since 20 décembre 2021 · until 02 mai 2023

Ended
Gaëtan VERSTRAETEN

Director · since 20 décembre 2021 · until 30 juin 2025

Ended
BERNARD VERSTRAETEN

Managing director · since 30 juin 2019 · until 30 juin 2025

Ended
KARL SIX

Director · since 30 juin 2019 · until 20 décembre 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
0883.733.841
0453.679.688
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/06/202626/08/202529/07/202428/11/202330/11/202227/10/2021
General meeting27/06/202628/06/202529/06/202420/11/202323/11/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202628/06/2026DutchPDF
Abridged model31/12/202428/06/202526/08/2025DutchPDF
Abridged model31/12/202329/06/202429/07/2024DutchPDF
Abridged model31/12/202220/11/202328/11/2023DutchPDF
Abridged model31/12/202123/11/202230/11/2022DutchPDF
Abridged model31/12/202010/06/202127/10/2021DutchPDF
Abridged model31/12/201925/09/202009/10/2020DutchPDF
Abridged model31/12/201830/06/201910/10/2019DutchPDF
Abridged model31/12/201720/06/201802/08/2018DutchPDF
Abridged model31/12/201630/06/201722/08/2017DutchPDF
Abridged model31/12/201530/06/201623/09/2016DutchPDF
Abridged model31/12/201430/06/201507/10/2015DutchPDF
Abridged model31/12/201330/06/201429/09/2014DutchPDF
Abridged model31/12/201228/06/201326/09/2013DutchPDF
Abridged model31/12/201130/06/201210/10/2012DutchPDF
Abridged model31/12/201029/06/201130/08/2011DutchPDF
Abridged model31/12/200930/06/201008/09/2010DutchPDF
Abridged model31/12/200810/04/200929/06/2009DutchPDF
Abridged model31/12/200720/05/200829/05/2008DutchPDF
Abridged model31/12/200631/08/200711/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

BERNARD VERSTRAETEN

Managing director · since 02 mai 2023 · until 30 juin 2029

Active

Ended mandates

Gaëtan VERSTRAETEN

Director · since 20 décembre 2021 · until 02 mai 2023

Ended
Gaëtan VERSTRAETEN

Director · since 20 décembre 2021 · until 30 juin 2025

Ended
BERNARD VERSTRAETEN

Managing director · since 30 juin 2019 · until 30 juin 2025

Ended
KARL SIX

Director · since 30 juin 2019 · until 20 décembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office05/08/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/05/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates28/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025206,5 k €
  2. 2024
    Annual accounts 2024-132,3 k €
  3. 2023
    Annual accounts 2023-252,7 k €
  4. 2022
    Annual accounts 2022-83,4 k €
  5. 2021
    Annual accounts 2021-251,1 k €
  6. 2020
    Annual accounts 2020-52,7 k €
  7. 2019
    Annual accounts 2019-117,3 k €
  8. 2018
    Annual accounts 2018-103,9 k €
  9. 2017
    Annual accounts 2017-135,6 k €
  10. 2016
    Annual accounts 2016280,6 k €
  11. 2015
    Annual accounts 2015301,1 k €
  12. 2014
    Annual accounts 2014104,2 k €
  13. 2013
    Annual accounts 201349,3 k €
  14. 2012
    Annual accounts 201274,2 k €
  15. 2011
    Annual accounts 20117,9 k €
  16. 2010
    Annual accounts 20107,9 k €
  17. 2009
    Annual accounts 200921,3 k €
  18. 2008
    Annual accounts 200832,0 k €
  19. 06/01/1989
    IncorporationPublic limited company