ACTIVE

VRBST

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Financial year 2025 · closed on 31/12/2025

Net result

17,1 k €

+146.6% YoY

Gross margin

33,5 k €

+87.0% YoY

Equity

221,9 k €

+2.6% YoY

What does VRBST do?

VRBST is a Public limited company incorporated in 2000. Its main activity is: Warehousing and support activities for transportation. Its registered office is in Sint-Katelijne-Waver.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.208.371

Incorporation

03/07/2000

Legal form

Public limited company

Registered office

Berkenhoekstraat 10
2861 Sint-Katelijne-Waver · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

52720Warehousing and support activities for transportation· main 95210Repair of consumer electronics 95210Repair of consumer electronics

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	33,5 k €	+87.0%	17,9 k €	+2.2%	17,5 k €	-7.2%	18,9 k €	-1.2%	19,1 k €	+6.5%	18 k €	+4.5%	17,2 k €	-1.9%	17,5 k €	+6.9%	16,4 k €	-10.7%	18,4 k €	+1.7%	18,1 k €	+2.9%	17,6 k €	-0.2%	17,6 k €	-3.6%	18,2 k €	+17.8%	15,5 k €	-10.3%	17,3 k €	+25.9%	13,7 k €	-6.0%	14,6 k €	-9.0%	16 k €	-13.5%	18,5 k €
EBITDA	32,9 k €	+90.3%	17,3 k €	+2.6%	16,8 k €	-8.1%	18,3 k €	+1.7%	18 k €	+5.9%	17 k €	+5.7%	16,1 k €	-1.8%	16,4 k €	+7.0%	15,3 k €	-10.9%	17,2 k €	+1.2%	17 k €	+3.1%	16,5 k €	+2.2%	16,1 k €	-5.7%	17,1 k €	+18.3%	14,4 k €	-10.8%	16,2 k €	+27.6%	12,7 k €	-6.0%	13,5 k €	-10.6%	15,1 k €	-6.5%	16,2 k €
Operating result	23,6 k €	+196%	8 k €	+5.8%	7,5 k €	-54.1%	16,4 k €	-8.9%	18 k €	+5.9%	17 k €	+5.7%	16,1 k €	-1.8%	16,4 k €	+7.0%	15,3 k €	+42.2%	10,8 k €	+1.9%	10,6 k €	+5.1%	10,1 k €	+3.7%	9,7 k €	-9.2%	10,7 k €	-26.1%	14,4 k €	+77.5%	8,1 k €	+75.7%	4,6 k €	-15.0%	5,4 k €	-22.8%	7,1 k €	-13.0%	8,1 k €
Net result	17,1 k €	+147%	6,9 k €	+64.8%	4,2 k €	-75.0%	16,8 k €	+28.5%	13,1 k €	+7.0%	12,2 k €	+6.7%	11,5 k €	-1.9%	11,7 k €	+10.0%	10,6 k €	+40.5%	7,6 k €	+0.0%	7,6 k €	+14.8%	6,6 k €	-54.7%	14,5 k €	+63.8%	8,9 k €	-27.5%	12,2 k €	+78.4%	6,9 k €	+63.7%	4,2 k €	-9.7%	4,6 k €	-34.2%	7,1 k €	-34.8%	10,8 k €
Balance sheet
Equity	221,9 k €	+2.6%	216,2 k €	-2.1%	220,9 k €	-2.6%	226,7 k €	+4.2%	217,4 k €	+2.6%	211,9 k €	+2.7%	206,3 k €	+5.9%	194,8 k €	+6.4%	183,1 k €	+6.2%	172,5 k €	+4.6%	165 k €	+4.8%	157,4 k €	+4.4%	150,8 k €	+0.4%	150,3 k €	+0.0%	150,2 k €	+0.0%	150,2 k €	+4.8%	143,3 k €	+3.0%	139,1 k €	+3.5%	134,5 k €	+5.5%	127,4 k €
Total assets	241,6 k €	+5.5%	228,9 k €	-2.5%	234,9 k €	-0.6%	236,3 k €	+4.1%	226,9 k €	+2.7%	220,9 k €	+6.1%	208,1 k €	+4.9%	198,4 k €	+3.5%	191,8 k €	+9.1%	175,9 k €	+4.4%	168,4 k €	+3.9%	162,1 k €	-2.5%	166,4 k €	+1.0%	164,6 k €	-3.1%	169,9 k €	+8.2%	156,9 k €	+4.1%	150,7 k €	+5.8%	142,4 k €	+3.0%	138,2 k €	+5.9%	130,4 k €
Cash	88,3 k €	+14.4%	77,2 k €	-25.6%	103,7 k €	-7.6%	112,1 k €	+106%	54,4 k €	+12.4%	48,4 k €	-26.5%	65,9 k €	+35.2%	48,7 k €	-18.9%	60,1 k €	+19.1%	50,4 k €	+139%	21,1 k €	+64.2%	12,8 k €	-49.7%	25,5 k €	-29.3%	36,1 k €	-51.7%	74,7 k €	+75.9%	42,5 k €	-5.7%	45,1 k €	+60.8%	28 k €	+138%	11,8 k €	+14.1%	10,3 k €
Debts	19,7 k €	+54.8%	12,7 k €	-9.1%	14 k €	+46.2%	9,6 k €	+1.2%	9,5 k €	+5.7%	9 k €	+384%	1,9 k €	-48.5%	3,6 k €	-58.4%	8,6 k €	+160%	3,3 k €	-3.1%	3,4 k €	-27.3%	4,7 k €	-69.7%	15,5 k €	+8.3%	14,3 k €	-26.9%	19,6 k €	+191%	6,7 k €	-8.7%	7,4 k €	+126%	3,3 k €	-11.7%	3,7 k €	+23.5%	3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Dirk VERBIEST

Managing director

Active

Suzanne Verbiest

Managing director

Active

Ended mandates

Dirk Verbiest

Managing director · since 25 mai 2012 · until 25 mai 2018

Ended

Suzanne Verbiest

Managing director · since 25 mai 2012 · until 25 mai 2018

Ended

DIRK VERBIEST

Managing director · since 26 mai 2006 · until 25 mai 2012

Ended

Suzanne Verbiest

Managing director · since 26 mai 2006 · until 26 mai 2012

Ended

At this address

Other companies at this address

Company	CBE no.
LSP● Active	0430.747.108
VERBIEST● Active	0428.906.878
VERDICOM● Active	0887.459.037

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	30/06/2025	03/07/2024	15/06/2023	09/06/2022	17/08/2021
General meeting	29/05/2026	30/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	01/06/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	24/05/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	15/06/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	09/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	17/08/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	21/08/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	27/08/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	29/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	13/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	04/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 9 ended

Active mandates

Dirk VERBIEST

Managing director

Active

Suzanne Verbiest

Managing director

Active

Ended mandates

Dirk Verbiest

Managing director · since 25 mai 2012 · until 25 mai 2018

Ended

Suzanne Verbiest

Managing director · since 25 mai 2012 · until 25 mai 2018

Ended

DIRK VERBIEST

Managing director · since 26 mai 2006 · until 25 mai 2012

Ended

Suzanne Verbiest

Managing director · since 26 mai 2006 · until 26 mai 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2012
KAPITAAL - AANDELEN
PDF
Mandates05/11/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2006
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

2025
Annual accounts 202517,1 k €↑
2024
Annual accounts 20246,9 k €↑
2023
Annual accounts 20234,2 k €↓
2023
Name changeVRBST
2022
Annual accounts 202216,8 k €↑
2021
Annual accounts 202113,1 k €↑
2021
Name changeVerbiest
2020
Annual accounts 202012,2 k €↑
2019
Annual accounts 201911,5 k €↓
2018
Annual accounts 201811,7 k €↑
2017
Annual accounts 201710,6 k €↑
2016
Annual accounts 20167,6 k €↑
2015
Annual accounts 20157,6 k €↑
2014
Annual accounts 20146,6 k €↓
2013
Annual accounts 201314,5 k €↑
2012
Annual accounts 20128,9 k €↓
2011
Annual accounts 201112,2 k €↑
2010
Annual accounts 20106,9 k €↑
2009
Annual accounts 20094,2 k €↓
2008
Annual accounts 20084,6 k €↓
2007
Annual accounts 20077,1 k €↓
2006
Annual accounts 200610,8 k €
03/07/2000
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VRBST

Overview

What does VRBST do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline