VERBATEX
0460.925.885 · rovalta.com · 24/09/2026
ACTIVE
VERBATEX
Financial year 2024 · closed on 31/12/2024
Net result
18 k €
-57.5% YoY
Gross margin
2,6 M €
-14.8% YoY
Equity
1,9 M €
+1.0% YoY
Workforce
31,4 ETP
-36.8% YoY
Overview
What does VERBATEX do?
VERBATEX is a Public limited company incorporated in 1997. Its main activity is: Weaving of textiles. Its registered office is in Kortrijk. It employs on average 31,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0460.925.885
Incorporation
24/06/1997
Legal form
Public limited company
Registered office
Mellestraat(Heu) 196
8501 Kortrijk · FlandreSee on map
8501 Kortrijk · FlandreSee on map
Contributed capital
123 946,76 €
Latest accounts
31/12/2024
Average workforce
31,4 ETP
Activities (NACE)
Joint committees (2)
- 120
- 214
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 2,6 M € | -14.8% | 3,1 M € | -1.6% | 3,1 M € | -8.7% | 3,4 M € | +13.9% | 3 M € | -2.4% | 3,1 M € | +6.6% | 2,9 M € | -5.4% | 3 M € | +32.0% | 2,3 M € | -4.5% | 2,4 M € | -7.9% | 2,6 M € | -7.1% | 2,8 M € | -4.2% | 2,9 M € | +14.5% | 2,6 M € | +2.5% | 2,5 M € | -18.0% | 3,1 M € | +27.5% | 2,4 M € |
| EBITDA | 833,8 k € | +17.8% | 707,6 k € | +1.1% | 699,8 k € | -41.3% | 1,2 M € | +4.6% | 1,1 M € | +30.9% | 870,8 k € | -24.7% | 1,2 M € | -13.0% | 1,3 M € | +69.2% | 785,3 k € | -4.5% | 822,3 k € | -8.7% | 900,8 k € | -11.1% | 1 M € | -13.3% | 1,2 M € | +30.8% | 893,1 k € | +1.8% | 877 k € | -39.6% | 1,5 M € | +53.0% | 949,5 k € |
| Operating result | 363,8 k € | +17.7% | 309 k € | +87.4% | 164,9 k € | -73.6% | 624,5 k € | +202% | 206,8 k € | +16.1% | 178,1 k € | -58.2% | 425,7 k € | -40.5% | 715,9 k € | +136% | 303,9 k € | +79.7% | 169,2 k € | -2.8% | 174,1 k € | +61.1% | 108,1 k € | -26.1% | 146,2 k € | +167% | 54,8 k € | -76.1% | 229,6 k € | -73.6% | 870,6 k € | +116% | 402,9 k € |
| Net result | 18 k € | -57.5% | 42,4 k € | +589% | 6,2 k € | -97.9% | 291,8 k € | +2650% | 10,6 k € | +194% | -11,3 k € | -109% | 130,6 k € | -68.6% | 416,1 k € | +357% | 91,1 k € | +576% | -19,1 k € | +40.9% | -32,3 k € | -266% | -8,8 k € | +25.0% | -11,8 k € | -115% | 80,3 k € | +2.7% | 78,2 k € | -82.4% | 443,2 k € | +279% | 117,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 1,9 M € | +1.0% | 1,9 M € | +2.3% | 1,8 M € | +0.3% | 1,8 M € | +26.6% | 1,4 M € | +0.7% | 1,4 M € | -0.8% | 1,4 M € | +10.0% | 1,3 M € | +19.7% | 1,1 M € | +9.1% | 1 M € | -1.9% | 1 M € | -3.1% | 1,1 M € | -0.8% | 1,1 M € | -1.1% | 1,1 M € | +8.1% | 995,8 k € | +8.3% | 919,8 k € | +33.2% | 690,5 k € |
| Total assets | 10,9 M € | -1.3% | 11,1 M € | +7.3% | 10,3 M € | -3.9% | 10,7 M € | +15.3% | 9,3 M € | -6.2% | 9,9 M € | +5.2% | 9,4 M € | -7.7% | 10,2 M € | +25.3% | 8,2 M € | -7.6% | 8,8 M € | -3.0% | 9,1 M € | -11.5% | 10,3 M € | -5.8% | 10,9 M € | +6.1% | 10,3 M € | +35.7% | 7,6 M € | -10.2% | 8,4 M € | -0.4% | 8,5 M € |
| Cash | 96,4 k € | +27.5% | 75,6 k € | -41.3% | 128,8 k € | -66.7% | 387 k € | +273% | 103,8 k € | -77.8% | 468,5 k € | -63.6% | 1,3 M € | +419% | 248 k € | +143% | 102,1 k € | -28.8% | 143,3 k € | +261% | 39,6 k € | +131% | 17,2 k € | -78.7% | 80,5 k € | +24.4% | 64,7 k € | -49.2% | 127,5 k € | -21.5% | 162,5 k € | -58.8% | 394,1 k € |
| Debts | 9 M € | -1.7% | 9,2 M € | +8.8% | 8,5 M € | -4.9% | 8,9 M € | +17.4% | 7,6 M € | -7.9% | 8,2 M € | +11.7% | 7,4 M € | -13.1% | 8,5 M € | +27.6% | 6,6 M € | -11.0% | 7,5 M € | -3.3% | 7,7 M € | -6.0% | 8,2 M € | -11.4% | 9,3 M € | +5.7% | 8,8 M € | +41.1% | 6,2 M € | -13.1% | 7,1 M € | -6.3% | 7,6 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 31,4 ETP | -36.8% | 49,7 ETP | +0.6% | 49,4 ETP | +2.5% | 48,2 ETP | +9.3% | 44,1 ETP | +0.2% | 44,0 ETP | +6.5% | 41,3 ETP | +4.0% | 39,7 ETP | +9.7% | 36,2 ETP | +0.6% | 36,0 ETP | -12.4% | 41,1 ETP | -7.2% | 44,3 ETP | -0.2% | 44,4 ETP | 0.0% | 44,4 ETP | +1.8% | 43,6 ETP | -3.8% | 45,3 ETP | +3.7% | 43,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 4 active · 17 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
COTTIMMO● Active | 0453.798.761 |
VERBATEX INTERNATIONAL● Active | 0416.412.585 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 29/08/2025 | 18/07/2024 | 31/08/2023 | 18/07/2022 | 28/07/2021 | 08/07/2020 |
| General meeting | 21/08/2025 | 24/06/2024 | 31/07/2023 | 30/06/2022 | 28/06/2021 | 08/06/2020 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 21/08/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 24/06/2024 | 18/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 31/07/2023 | 31/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 18/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 28/06/2021 | 28/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 08/06/2020 | 08/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 29/06/2019 | 24/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 09/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 05/08/2017 | 28/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/09/2016 | 10/10/2016 | Dutch | |
| Abridged model | 31/12/2014 | 31/08/2015 | 04/09/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/08/2014 | 29/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 24/08/2013 | 20/09/2013 | Dutch | |
| Abridged model | 31/12/2011 | 13/08/2012 | 30/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 04/06/2011 | 29/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 05/06/2010 | 16/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 06/06/2009 | 20/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 07/06/2008 | 28/10/2008 | Dutch | |
| Abridged model | 31/12/2006 | 02/06/2007 | 13/11/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
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
Publications
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 202418 k €↓
- 2023Annual accounts 202342,4 k €↑
- 2022Annual accounts 20226,2 k €↓
- 2021Annual accounts 2021291,8 k €↑
- 2018Annual accounts 201810,6 k €↑
- 2017Annual accounts 2017-11,3 k €↓
- 2016Annual accounts 2016130,6 k €↓
- 2015Annual accounts 2015416,1 k €↑
- 2014Annual accounts 201491,1 k €↑
- 2013Annual accounts 2013-19,1 k €↑
- 2012Annual accounts 2012-32,3 k €↓
- 2011Annual accounts 2011-8,8 k €↑
- 2010Annual accounts 2010-11,8 k €↓
- 2009Annual accounts 200980,3 k €↑
- 2008Annual accounts 200878,2 k €↓
- 2007Annual accounts 2007443,2 k €↑
- 2006Annual accounts 2006117,1 k €
- 24/06/1997IncorporationPublic limited company