ACTIVE

DR. VERSTRAETE – DR. RYCKAERT

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Financial year 2025 · Closed on 31/12/2025

Net result220,3 k €+64,4 %over 1 year

Gross margin465,6 k €+31,9 %over 1 year

Equity750 k €+29,1 %over 1 year

Workforce0,6 ETP+20,0 %over 1 year

Identity

Source · BCE/KBO

DR. VERSTRAETE – DR. RYCKAERT is a Private limited company incorporated in 2007. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Knokke-Heist. It employs on average 0,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0887.229.504
Incorporation: 14/02/2007
Legal form: Private limited company
Registered office: Kalfstraat 8
8300 Knokke-Heist · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 0,6 ETP

Activities (NACE)

72101Research and experimental development on natural sciences and engineering· main 72110Research and experimental development on biotechnology 86220Specialist medical practice activities 86220Specialist medical practice activities 86909Other human health activities 86995Other human health activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	465,6 k €	+31.9%	353 k €	+22.3%	288,7 k €	+0.1%	288,3 k €	+26.0%	228,7 k €
EBITDA	428,3 k €	+31.5%	325,6 k €	+26.1%	258,3 k €	-1.6%	262,5 k €	+20.1%	218,7 k €
Operating result	317,4 k €	+49.3%	212,6 k €	+45.3%	146,3 k €	-7.3%	157,7 k €	+0.7%	156,7 k €
Net result	220,3 k €	+64.4%	134 k €	+51.0%	88,7 k €	-16.1%	105,7 k €	-11.1%	118,9 k €
Balance sheet
Equity	750 k €	+29.1%	580,7 k €	+26.7%	458,3 k €	+20.7%	379,6 k €	+38.6%	273,9 k €
Total assets	1,5 M €	-5.6%	1,6 M €	-0.7%	1,6 M €	-3.8%	1,7 M €	-2.4%	1,7 M €
Cash	78,9 k €	-10.3%	87,9 k €	-8.3%	95,9 k €	-9.8%	106,3 k €	-61.1%	273,3 k €
Debts	770,2 k €	-24.7%	1 M €	-11.0%	1,1 M €	-11.8%	1,3 M €	-10.1%	1,4 M €
Other
Workforce	0,6 ETP	+20.0%	0,5 ETP	0.0%	0,5 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

William Verstraete

Director · since 15 novembre 2023 · until 30 juin 2026

Active

Stephanie Ryckaert

Director · since 01 juillet 2018

Active

Stefan Verstraete

Director · since 01 février 2007

Active

Ended mandates

William Verstraete

Director · since 15 novembre 2023

Ended

Stefan Verstraete

Director

Ended

Stefan Verstraete

Manager

Ended

Stéphanie Ryckaert

Director

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	22/06/2026	30/07/2025	29/07/2024	28/08/2023	30/08/2022	23/07/2021
General meeting	25/05/2026	30/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/05/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/08/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	23/07/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	01/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	26/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	11/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	11/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	16/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	12/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	24/07/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

William Verstraete

Director · since 15 novembre 2023 · until 30 juin 2026

Active

Stephanie Ryckaert

Director · since 01 juillet 2018

Active

Stefan Verstraete

Director · since 01 février 2007

Active

Ended mandates

William Verstraete

Director · since 15 novembre 2023

Ended

Stefan Verstraete

Director

Ended

Stefan Verstraete

Manager

Ended

Stéphanie Ryckaert

Director

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares15/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other21/03/2007
DIVERSEN
PDF
Other22/02/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025220,3 k €↑
2024
Annual accounts 2024134 k €↑
2023
Annual accounts 202388,7 k €↓
2022
Annual accounts 2022105,7 k €↓
2021
Annual accounts 2021118,9 k €↑
2020
Annual accounts 202060,8 k €↑
2019
Annual accounts 201952,3 k €↑
2018
Annual accounts 201812,4 k €↓
2017
Annual accounts 201720,4 k €↑
2016
Annual accounts 2016-185,7 €↑
2015
Annual accounts 2015-3,1 k €↓
2014
Annual accounts 201422,9 k €↑
2013
Annual accounts 2013-8,7 k €↓
2012
Annual accounts 20122,6 k €↑
2011
Annual accounts 20112,5 k €↓
2010
Annual accounts 20107,1 k €↓
2009
Annual accounts 200911,1 k €↓
2008
Annual accounts 200823,4 k €↓
2007
Annual accounts 200798,1 k €
14/02/2007
IncorporationPrivate limited company

DR. VERSTRAETE – DR. RYCKAERT

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline