VERTHOR
0451.440.077 · rovalta.com · 23/09/2026
NORMAL SITUATION
VERTHOR
Financial year 2024 · closed on 31/12/2024
Net result
46,3 k €
+97.7% YoY
Gross margin
99,6 k €
+62.9% YoY
Equity
64,1 k €
+107.8% YoY
Company — Normal situation.
Overview
What does VERTHOR do?
VERTHOR is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.440.077
Legal form
Public limited company
Contributed capital
61 986,69 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 14 financial years
| 2024 | 2023 | 2022 | 2021 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | 99,6 k € | +62.9% | 61,1 k € | -5.6% | 64,7 k € | +10.7% | 58,5 k € | +30.2% | 44,9 k € | +12.7% | 39,9 k € | -19.6% | 49,6 k € | +46.5% | 33,9 k € | -48.4% | 65,6 k € | +89.1% | 34,7 k € | +82.3% | 19 k € | -4.4% | 19,9 k € | -31.1% | 28,9 k € | -41.2% | 49,1 k € |
| EBITDA | 91,4 k € | +52.3% | 60 k € | -6.1% | 63,9 k € | +22.3% | 52,3 k € | +371% | 11,1 k € | +35.8% | 8,2 k € | -40.2% | 13,7 k € | +2268% | 577 € | -98.7% | 42,8 k € | +278% | 11,3 k € | +297% | -5,8 k € | -324% | -1,4 k € | -115% | 8,9 k € | -67.4% | 27,3 k € |
| Operating result | 67 k € | +91.6% | 35 k € | -13.4% | 40,4 k € | +26.7% | 31,9 k € | +705% | -5,3 k € | -730% | 836,4 € | -90.6% | 8,9 k € | +289% | -4,7 k € | -113% | 35,2 k € | +776% | 4 k € | +130% | -13,2 k € | -410% | -2,6 k € | -162% | 4,2 k € | -58.3% | 10 k € |
| Net result | 46,3 k € | +97.7% | 23,4 k € | -15.7% | 27,8 k € | +14.4% | 24,3 k € | +417% | -7,6 k € | -6713% | 115,6 € | -98.5% | 7,5 k € | -56.5% | 17,2 k € | -50.0% | 34,5 k € | +1064% | 3 k € | +120% | -14,7 k € | -370% | -3,1 k € | -196% | 3,3 k € | -84.2% | 20,6 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 64,1 k € | +108% | 30,9 k € | +314% | 7,5 k € | +137% | -20,3 k € | +63.1% | -55 k € | -16.1% | -47,4 k € | +0.2% | -47,5 k € | +13.6% | -55 k € | +23.9% | -72,2 k € | +32.3% | -106,6 k € | +2.7% | -109,6 k € | -15.4% | -95 k € | -3.4% | -91,8 k € | +3.4% | -95,1 k € |
| Total assets | 97 k € | -2.5% | 99,5 k € | +26.0% | 78,9 k € | +1.0% | 78,1 k € | +78.0% | 43,9 k € | +138% | 18,5 k € | -41.5% | 31,6 k € | +14.3% | 27,6 k € | +46.0% | 18,9 k € | -26.9% | 25,9 k € | -2.3% | 26,5 k € | +36.7% | 19,4 k € | -35.8% | 30,3 k € | -55.5% | 68,1 k € |
| Cash | 31,3 k € | -18.2% | 38,3 k € | +241% | 11,3 k € | +147% | 4,6 k € | – | 4,5 k € | -36.8% | 7,1 k € | +349% | 1,6 k € | +224% | 487,6 € | -74.8% | 1,9 k € | -79.3% | 9,3 k € | -36.5% | 14,7 k € | +40.1% | 10,5 k € | -82.2% | 59,1 k € | ||
| Debts | 32,9 k € | -52.1% | 68,6 k € | -4.0% | 71,5 k € | -27.4% | 98,4 k € | -0.5% | 98,9 k € | +50.2% | 65,9 k € | -16.7% | 79,1 k € | -4.3% | 82,6 k € | -9.4% | 91,1 k € | -31.3% | 132,6 k € | -2.6% | 136,1 k € | +19.0% | 114,4 k € | -6.3% | 122,1 k € | -25.2% | 163,2 k € |
| Other | |||||||||||||||||||||||||||
| Workforce | – | – | – | – | 0,5 ETP | 0.0% | 0,5 ETP | 0.0% | 0,5 ETP | 0.0% | 0,5 ETP | 0.0% | 0,5 ETP | 0.0% | 0,5 ETP | -50.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | ||||
Governance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 21 ended
Active mandates
Martine Liegeois
ActivePhilippe Verheyen
ActiveEnded mandates
²Philippe Verheyen
EndedMartine Liegeois
EndedMartine Liegeois
EndedMartine Liegeois
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 10/06/2025 | 10/06/2024 | 21/06/2023 | 11/05/2022 | 07/09/2021 | 28/07/2020 |
| General meeting | 06/06/2025 | 07/06/2024 | 02/06/2023 | 01/05/2022 | 02/05/2021 | 03/05/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
31 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 06/06/2025 | 10/06/2025 | French | |
| Micro model | 31/12/2023 | 07/06/2024 | 10/06/2024 | French | |
| Micro model | 31/12/2022 | 02/06/2023 | 21/06/2023 | French | |
| Micro model | 31/12/2021 | 01/05/2022 | 11/05/2022 | French | |
| Micro model | 31/12/2020 | 02/05/2021 | 07/09/2021 | French | |
| Micro model | 31/12/2019 | 03/05/2020 | 28/07/2020 | French | |
| Micro model | 31/12/2018 | 05/05/2019 | 19/08/2019 | French | |
| Micro model | 31/12/2017 | 06/05/2018 | 23/07/2018 | French | |
| Micro model | 31/12/2016 | 07/05/2017 | 18/09/2017 | French | |
| Abridged model | 31/12/2015 | 02/05/2016 | 22/08/2016 | French | |
| Abridged model | 31/12/2014 | 04/05/2015 | 16/09/2015 | French | |
| Abridged model | 31/12/2013 | 05/05/2014 | 16/06/2014 | French | |
| Abridged model | 31/12/2012 | 06/05/2013 | 29/08/2013 | French | |
| Abridged model | 31/12/2011 | 07/05/2012 | 29/08/2012 | French | |
| Abridged model | 31/12/2010 | 01/05/2011 | 27/08/2011 | French | |
| Abridged model | 31/12/2009 | 02/05/2010 | 26/08/2010 | French | |
| Abridged model | 31/12/2008 | 03/05/2009 | 31/08/2009 | French | |
| Abridged model | 31/12/2007 | 03/05/2008 | 27/08/2008 | French | |
| Abridged model | 31/12/2006 | 05/05/2007 | 07/08/2007 | Dutch | |
| Abridged model | 31/12/2005 | 31/07/2006 | 11/08/2006 | French | |
| Abridged model | 31/12/2004 | 31/08/2005 | 30/09/2005 | French | |
| Abridged model | 31/12/2003 | 30/09/2004 | 27/10/2004 | French | |
| Abridged model | 31/12/2002 | 28/06/2003 | 03/07/2003 | French | |
| Abridged model | 31/12/2001 | 10/09/2002 | 13/09/2002 | French |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 21 ended
Active mandates
Martine Liegeois
ActivePhilippe Verheyen
ActiveEnded mandates
²Philippe Verheyen
EndedMartine Liegeois
EndedMartine Liegeois
EndedMartine Liegeois
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202446,3 k €↑
- 2023Annual accounts 202323,4 k €↓
- 2022Annual accounts 202227,8 k €↑
- 2021Annual accounts 202124,3 k €↑
- 2015Annual accounts 2015-7,6 k €↓
- 2014Annual accounts 2014115,6 €↓
- 2013Annual accounts 20137,5 k €↓
- 2012Annual accounts 201217,2 k €↓
- 2011Annual accounts 201134,5 k €↑
- 2010Annual accounts 20103 k €↑
- 2009Annual accounts 2009-14,7 k €↓
- 2008Annual accounts 2008-3,1 k €↓
- 2007Annual accounts 20073,3 k €↓
- 2006Annual accounts 200620,6 k €