ACTIVE

VERITAS

Financial year 2026 · closed on 31/01/2026
Net result
3,1 M €
+338.7% YoY
Revenue
88,9 M €
-0.3% YoY
Equity
9,3 M €
0.0% YoY
Workforce
102,2 ETP
-14.1% YoY

What does VERITAS do?

VERITAS is a Public limited company incorporated in 2002. Its main activity is: Retail sale of textiles in specialised stores. Its registered office is in Kontich. It employs on average 102,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.588.912
Incorporation
11/01/2002
Legal form
Public limited company
Registered office
De Villermontstraat 9
2550 Kontich · FlandreSee on map
Contributed capital
8 421 407,23 €
Latest accounts
31/01/2026
Average workforce
102,2 ETP
Joint committees (3)
  • 100
  • 218
  • 311
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2026202520242023202220212020201920182017201620152013201220112010200920082007
Income statement
Revenue88,9 M €89,2 M €89 M €87,7 M €79,3 M €72,4 M €82,9 M €83,1 M €84,9 M €85,6 M €90 M €90,6 M €89,3 M €54,8 M €39,6 M €32,5 M €25,7 M €19,4 M €16 M €
EBITDA5 M €3,7 M €5,2 M €3,2 M €2,4 M €3,2 M €1,9 M €2,7 M €1,6 M €4,6 M €5,8 M €6,9 M €10,8 M €7,3 M €5,7 M €4,1 M €2,4 M €1,9 M €1,6 M €
Operating result4,2 M €2,1 M €4,3 M €2,2 M €1,4 M €1,1 M €-392,7 k €-504,2 k €-1,2 M €-449,7 k €-956,5 k €-1,1 M €3,4 M €3,3 M €3,2 M €1,7 M €201 k €441,2 k €735,2 k €
Net result3,1 M €717,6 k €2,9 M €1,3 M €967,7 k €826,1 k €6,5 M €-1,2 M €-1,7 M €-1,5 M €31,2 M €-3,2 M €118,9 k €1,4 M €1,8 M €514,2 k €-160,5 k €-106,7 k €290 k €
Balance sheet
Equity9,3 M €9,3 M €19 M €16,1 M €14,8 M €13,8 M €13 M €6,4 M €7,7 M €9,3 M €10,9 M €9,3 M €6,2 M €6,1 M €4,7 M €3 M €2,5 M €2,6 M €-293 k €
Total assets29,8 M €22,1 M €28,8 M €27,2 M €26,1 M €22,8 M €19,8 M €22,8 M €26,5 M €34,2 M €32,9 M €37,3 M €55,5 M €47,9 M €20,5 M €17,7 M €17 M €11,8 M €8,7 M €
Cash2,7 M €2 M €4,7 M €9,3 M €9,2 M €6,7 M €1,9 M €872,1 k €598,1 k €3,6 M €1,8 M €2,2 M €17,2 M €6,2 M €2,7 M €599,3 k €491,2 k €861,7 k €497 k €
Debts20,5 M €12,1 M €9,9 M €11,2 M €11 M €8,7 M €6,5 M €16 M €18 M €23,9 M €21,5 M €27,2 M €47,8 M €41 M €15 M €14,2 M €14,3 M €8,9 M €8,7 M €
Other
Workforce102,2 ETP119,0 ETP119,4 ETP125,2 ETP128,0 ETP141,1 ETP170,7 ETP185,6 ETP187,9 ETP183,6 ETP210,0 ETP177,8 ETP152,6 ETP127,7 ETP120,3 ETP124,4 ETP116,3 ETP101,5 ETP99,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/01/2026 · 2 active · 74 ended

Active mandates

COREMA

Director · since 19 décembre 2024 · until 20 juin 2030 · 0823.382.916

Represented by Corneel De Maeyer

Active
VeriSmart

Director · since 19 décembre 2024 · until 20 juin 2030 · 1016.617.408

Represented by Erwin Van Osta

Active

Ended mandates

CCR Partners

Director · since 14 décembre 2020 · until 19 décembre 2024 · 0748.799.517

Represented by Marc Van Hool

Ended
CCR Partners

Director · since 14 décembre 2020 · until 19 juin 2025 · 0748.799.517

Represented by Marc Van Hool

Ended
Bart Onderbeke

Director · since 27 novembre 2019 · until 19 décembre 2024

Ended
Bart Onderbeke

Director · since 27 novembre 2019 · until 19 juin 2025

Ended
At this address

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HermesCoActive
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SATIREVActive
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VERIACActive
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VERINETActive
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VeriSmartActive
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Annual accounts

Full financial information

202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/02/202501/02/202401/02/202301/02/202201/02/202101/02/2020
Closing of the financial year31/01/202631/01/202531/01/202431/01/202331/01/202231/01/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/05/202626/06/202512/06/202412/05/202318/05/202225/03/2021
General meeting20/05/202627/05/202515/05/202409/05/202318/05/202224/03/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/01/202620/05/202628/05/2026DutchPDF
Full model31/01/202527/05/202526/06/2025DutchPDF
Full model31/01/202415/05/202412/06/2024DutchPDF
Full model31/01/202309/05/202312/05/2023DutchPDF
Full model31/01/202218/05/202218/05/2022DutchPDF
Full model31/01/202124/03/202125/03/2021DutchPDF
Full model31/01/202001/04/202002/04/2020DutchPDF
Full model31/01/201926/11/201926/11/2019DutchPDF
Full model31/01/201816/10/201809/11/2018DutchPDF
Full model31/01/201715/06/201726/06/2017DutchPDF
Full model31/01/201619/12/201620/12/2016DutchPDF
Full model31/01/201518/06/201522/07/2015DutchPDF
Consolidated accounts31/01/201518/06/201522/07/2015DutchPDF
Full model31/01/201419/06/201407/07/2014DutchPDF
Consolidated accounts31/01/201419/06/201404/07/2014DutchPDF
Full model31/01/201320/06/201327/06/2013DutchPDF
Full model31/01/201221/06/201227/06/2012DutchPDF
Full model31/01/201123/06/201130/06/2011DutchPDF
Full model31/01/201024/06/201001/07/2010DutchPDF
Full model31/01/200925/06/200930/06/2009DutchPDF
Full model31/01/200826/06/200808/07/2008DutchPDF
Full model31/01/200728/06/200725/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/01/2026 · 2 active · 74 ended

Active mandates

COREMA

Director · since 19 décembre 2024 · until 20 juin 2030 · 0823.382.916

Represented by Corneel De Maeyer

Active
VeriSmart

Director · since 19 décembre 2024 · until 20 juin 2030 · 1016.617.408

Represented by Erwin Van Osta

Active

Ended mandates

CCR Partners

Director · since 14 décembre 2020 · until 19 décembre 2024 · 0748.799.517

Represented by Marc Van Hool

Ended
CCR Partners

Director · since 14 décembre 2020 · until 19 juin 2025 · 0748.799.517

Represented by Marc Van Hool

Ended
Bart Onderbeke

Director · since 27 novembre 2019 · until 19 décembre 2024

Ended
Bart Onderbeke

Director · since 27 novembre 2019 · until 19 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/08/2026
    Herbenoeming van de commissaris _
    PDF
  • Mandates31/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/06/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2021
    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. 2026
    Annual accounts 20263,1 M €
  2. 2025
    Annual accounts 2025717,6 k €
  3. 19/12/2024
    nominationVeriSmart BV — bestuurder
  4. 19/12/2024
    nominationCorema BV — bestuurder
  5. 19/12/2024
    nominationCorema BV — gedelegeerd bestuurder
  6. 2024
    Annual accounts 20242,9 M €
  7. 09/05/2023
    reconductionBDO Bedrijfsrevisoren BV — commissaris
  8. 09/05/2023
    nominationHennie Herijgers — vaste vertegenwoordiger
  9. 2023
    Annual accounts 20231,3 M €
  10. 2022
    Annual accounts 2022967,7 k €
  11. 2021
    Annual accounts 2021826,1 k €
  12. 2020
    Annual accounts 20206,5 M €
  13. 2019
    Annual accounts 2019-1,2 M €
  14. 2018
    Annual accounts 2018-1,7 M €
  15. 2017
    Annual accounts 2017-1,5 M €
  16. 2016
    Annual accounts 201631,2 M €
  17. 2015
    Annual accounts 2015-3,2 M €
  18. 2013
    Annual accounts 2013118,9 k €
  19. 2012
    Annual accounts 20121,4 M €
  20. 2011
    Annual accounts 20111,8 M €
  21. 2010
    Annual accounts 2010514,2 k €
  22. 2009
    Annual accounts 2009-160,5 k €
  23. 2008
    Annual accounts 2008-106,7 k €
  24. 2007
    Annual accounts 2007290 k €
  25. 11/01/2002
    IncorporationPublic limited company