ACTIVE

VERITEC

Financial year 2025 · closed on 31/12/2025
Net result
17 k €
-43.2% YoY
Gross margin
828 k €
+15.6% YoY
Equity
135,6 k €
+14.3% YoY
Workforce
11,2 ETP
+15.5% YoY

What does VERITEC do?

VERITEC is a Private limited company incorporated in 2013. Its main activity is: Electrical installation. Its registered office is in Kruisem. It employs on average 11,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0518.953.364
Incorporation
26/02/2013
Legal form
Private limited company
Registered office
Stokstraat(KRU) 28
9770 Kruisem · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
11,2 ETP
Joint committees (2)
  • 14901
  • 20000
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin828 k €716,1 k €465 k €340 k €337,4 k €305,8 k €289,9 k €253,1 k €242 k €212,4 k €156 k €152,1 k €
EBITDA83,7 k €77,9 k €76,1 k €75,9 k €43,3 k €9,3 k €34 k €22,1 k €44,2 k €65,1 k €17 k €-41,6 k €
Operating result38,9 k €53,1 k €56,3 k €60,7 k €19,8 k €-16,8 k €15,5 k €10,5 k €25,1 k €52,1 k €5,8 k €-56,8 k €
Net result17 k €29,9 k €30,7 k €39,3 k €11 k €-23,5 k €6,8 k €4 k €15,6 k €45,4 k €496 €-61,1 k €
Balance sheet
Equity135,6 k €118,6 k €88,7 k €58 k €18,7 k €7,7 k €31,2 k €24,4 k €20,4 k €4,8 k €-40,6 k €-41,1 k €
Total assets868 k €943,5 k €753,5 k €507,4 k €478,1 k €524 k €436,3 k €383,3 k €377,1 k €232,4 k €182,8 k €203 k €
Cash117,3 k €129,8 k €139,9 k €33,9 k €1,4 k €21,2 k €10,4 k €21,3 k €3,3 k €5 k €2 k €
Debts732,4 k €824,9 k €664,8 k €449,4 k €459,4 k €516,3 k €402,8 k €359 k €356,7 k €227,6 k €223,4 k €244,1 k €
Other
Workforce11,2 ETP9,7 ETP6,0 ETP5,3 ETP5,0 ETP5,3 ETP4,8 ETP3,2 ETP2,4 ETP
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

GELIKO

Director · since 26 décembre 2007 · 0894.471.543

Represented by Bert VERBAUWHEDE

Active
MONFEE

Director · 0782.647.765

Represented by WOUTER DE MERLIER

Active

Ended mandates

GELIKO

Director · since 26 décembre 2007 · 0894.471.543

Represented by Bert VERBAUWHEDE

Ended
Bert Verbauwhede

Director

Ended
ELEKTRO DE MEDTS

Manager · 0890.323.111

Represented by Pieter De Medts

Ended
GELIKO

Manager · 0894.471.543

Represented by Bert Verbauwhede

Ended
At this address

Other companies at this address

CompanyCBE no.
BECONFORMActive
0803.201.174
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date31/08/202630/07/202524/07/202430/06/202316/08/202230/08/2021
General meeting30/06/202630/06/202529/06/202410/06/202311/06/202212/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/08/2026DutchPDF
Abridged model31/12/202430/06/202530/07/2025DutchPDF
Abridged model31/12/202329/06/202424/07/2024DutchPDF
Abridged model31/12/202210/06/202330/06/2023DutchPDF
Abridged model31/12/202111/06/202216/08/2022DutchPDF
Abridged model31/12/202012/06/202130/08/2021DutchPDF
Abridged model31/12/201913/06/202014/09/2020DutchPDF
Micro model31/12/201808/06/201929/01/2020DutchPDF
Micro model31/12/201709/06/201822/08/2018DutchPDF
Micro model31/12/201610/06/201723/08/2017DutchPDF
Abridged model31/12/201511/06/201604/07/2016DutchPDF
Abridged model31/12/201413/06/201524/08/2015DutchPDF
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

GELIKO

Director · since 26 décembre 2007 · 0894.471.543

Represented by Bert VERBAUWHEDE

Active
MONFEE

Director · 0782.647.765

Represented by WOUTER DE MERLIER

Active

Ended mandates

GELIKO

Director · since 26 décembre 2007 · 0894.471.543

Represented by Bert VERBAUWHEDE

Ended
Bert Verbauwhede

Director

Ended
ELEKTRO DE MEDTS

Manager · 0890.323.111

Represented by Pieter De Medts

Ended
GELIKO

Manager · 0894.471.543

Represented by Bert Verbauwhede

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/06/2022
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/03/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202517 k €
  2. 2024
    Annual accounts 202429,9 k €
  3. 2023
    Annual accounts 202330,7 k €
  4. 2022
    Annual accounts 202239,3 k €
  5. 2021
    Annual accounts 202111 k €
  6. 2020
    Annual accounts 2020-23,5 k €
  7. 2019
    Annual accounts 20196,8 k €
  8. 2018
    Annual accounts 20184 k €
  9. 2017
    Annual accounts 201715,6 k €
  10. 2016
    Annual accounts 201645,4 k €
  11. 2015
    Annual accounts 2015496 €
  12. 2014
    Annual accounts 2014-61,1 k €
  13. 26/02/2013
    IncorporationPrivate limited company