ACTIVE

VERTEXCO

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Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
-18.1% YoY
Revenue
22,9 M €
-0.0% YoY
Equity
7,4 M €
+9.2% YoY
Workforce
14,3 ETP
-1.4% YoY

What does VERTEXCO do?

VERTEXCO is a Public limited company incorporated in 1992. Its main activity is: Manufacture of soap and detergents, cleaning and polishing preparations. Its registered office is in Menen. It employs on average 14,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.148.314
Incorporation
26/08/1992
Legal form
Public limited company
Registered office
Industrielaan 104
8930 Menen · FlandreSee on map
Contributed capital
135 150,00 €
Latest accounts
31/12/2025
Average workforce
14,3 ETP
Activities (NACE)
20412Manufacture of soap and detergents, cleaning and polishing preparations· main20412Manufacture of soap and detergents, cleaning and polishing preparations24512Casting of iron46751Wholesale of chemical products46851Wholesale trade, except of motor vehicles and motorcycles
Joint committees (4)
  • 116
  • 11600
  • 207
  • 20700
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201720162015201420132012201120102009200820072006
Income statement
Revenue22,9 M €22,9 M €23,6 M €25,8 M €21,7 M €8,6 M €7,7 M €–––––0 €0 €3,3 M €––
EBITDA2,9 M €3,1 M €2,4 M €1,7 M €2,3 M €1,3 M €672,9 k €741,1 k €790,8 k €892,6 k €738,2 k €84,8 k €162,7 k €126,8 k €96 k €26,3 k €24,9 k €
Operating result2,3 M €2,6 M €2,1 M €1,4 M €2 M €1,1 M €452,8 k €505,2 k €547,6 k €639 k €598,3 k €-193,5 k €90,8 k €77,7 k €78,4 k €6,3 k €4,3 k €
Net result1,5 M €1,9 M €1,4 M €965,3 k €1,4 M €773,2 k €85,5 k €495,5 k €462,3 k €366,4 k €408,5 k €-230,5 k €33,2 k €93,9 k €79,8 k €48,8 k €34,6 k €
Balance sheet
Equity7,4 M €6,7 M €5,9 M €5,4 M €5 M €2,2 M €2 M €2,6 M €2,1 M €1,7 M €1,3 M €894,4 k €1,1 M €1,1 M €996,6 k €916,8 k €868 k €
Total assets15,5 M €15,1 M €10,4 M €11,4 M €8,3 M €3,8 M €3,4 M €3,8 M €2,9 M €4 M €2,6 M €2,1 M €1,9 M €1,5 M €1,3 M €1,4 M €1,1 M €
Cash2,3 M €2,3 M €1,4 M €2,7 M €948,6 k €229,8 k €186,4 k €799,3 k €–380,4 k €241,2 k €181,1 k €100,3 k €121,3 k €247,9 k €25,6 k €–
Debts8,2 M €8,3 M €4,5 M €6,1 M €3,3 M €1,7 M €1,4 M €1,2 M €767,7 k €2,3 M €1,3 M €1,2 M €782,6 k €446,2 k €348,2 k €484,6 k €190,3 k €
Other
Workforce14,3 ETP14,5 ETP15,2 ETP15,3 ETP14,4 ETP8,8 ETP8,3 ETP8,2 ETP6,0 ETP4,0 ETP4,3 ETP3,1 ETP2,1 ETP1,0 ETP1,6 ETP2,2 ETP2,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Stefaan Vercruysse

Managing director

Active
VERVANCO

Director · 0874.989.884

Represented by Sofie Van der Looven

Active

Ended mandates

VERVANCO

Director · since 01 janvier 2021 · 0874.989.884

Represented by Sofie Van der Looven

Ended
Sofie Van der Looven

Director · since 29 décembre 2016 · until 15 juin 2022

Ended
Sofie Van der Looven

Director · since 29 décembre 2016

Ended
Stefaan Vercruysse

Managing director · since 29 décembre 2016 · until 15 juin 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
BTW-EENHEID 104● Active
0667.675.744
VERVANCO● Active
0874.989.884
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date15/07/202618/07/202518/07/202420/07/202313/07/202222/07/2021
General meeting30/06/202630/06/202528/06/202430/06/202330/06/202230/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202615/07/2026DutchPDF
Full model31/12/202430/06/202518/07/2025DutchPDF
Full model31/12/202328/06/202418/07/2024DutchPDF
Full model31/12/202230/06/202320/07/2023DutchPDF
Full model31/12/202130/06/202213/07/2022DutchPDF
Full model31/12/202030/06/202122/07/2021DutchPDF
Full model31/12/201907/09/202030/10/2020DutchPDF
Full model31/12/201819/06/201906/08/2019DutchPDF
Full model31/12/201717/04/201817/05/2018DutchPDF
Full modelCorrection31/12/201628/09/201702/10/2017DutchPDF
Full model31/12/201630/06/201726/07/2017DutchPDF
Abridged model31/12/201515/06/201605/08/2016DutchPDF
Abridged model31/12/201417/06/201516/07/2015DutchPDF
Abridged model31/12/201318/06/201422/08/2014DutchPDF
Abridged model31/12/201219/06/201308/08/2013DutchPDF
Abridged model31/12/201120/06/201229/08/2012DutchPDF
Abridged model31/12/201015/06/201107/07/2011DutchPDF
Abridged model31/12/200916/06/201031/08/2010DutchPDF
Abridged model31/12/200817/06/200927/08/2009DutchPDF
Abridged model31/12/200718/06/200802/07/2008DutchPDF
Abridged model31/12/200620/06/200711/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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 · 2 active · 12 ended

Active mandates

Stefaan Vercruysse

Managing director

Active
VERVANCO

Director · 0874.989.884

Represented by Sofie Van der Looven

Active

Ended mandates

VERVANCO

Director · since 01 janvier 2021 · 0874.989.884

Represented by Sofie Van der Looven

Ended
Sofie Van der Looven

Director · since 29 décembre 2016 · until 15 juin 2022

Ended
Sofie Van der Looven

Director · since 29 décembre 2016

Ended
Stefaan Vercruysse

Managing director · since 29 décembre 2016 · until 15 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/01/2019
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring06/11/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/02/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2015
    MAATSCHAPPELIJKE ZETEL - 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 20251,5 M €↓
  2. 2024
    Annual accounts 20241,9 M €↑
  3. 2023
    Annual accounts 20231,4 M €↑
  4. 2022
    Annual accounts 2022965,3 k €↓
  5. 2021
    Annual accounts 20211,4 M €↑
  6. 2017
    Annual accounts 2017773,2 k €↑
  7. 2016
    Annual accounts 201685,5 k €↓
  8. 2015
    Annual accounts 2015495,5 k €↑
  9. 2014
    Annual accounts 2014462,3 k €↑
  10. 2013
    Annual accounts 2013366,4 k €↓
  11. 2012
    Annual accounts 2012408,5 k €↑
  12. 2011
    Annual accounts 2011-230,5 k €↓
  13. 2010
    Annual accounts 201033,2 k €↓
  14. 2009
    Annual accounts 200993,9 k €↑
  15. 2008
    Annual accounts 200879,8 k €↑
  16. 2007
    Annual accounts 200748,8 k €↑
  17. 2006
    Annual accounts 200634,6 k €
  18. 26/08/1992
    IncorporationPublic limited company