VERCATECH
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €140,000 and €280,000.
Balance sheet
balance sheet total €93,077 on 31-12-2025in euro
in euro
Position in the sector
43.4%
Higher than 46% of 35,136 companies in 2025.
1.78
Higher than 49% of 34,510 companies in 2025.
25.5%
Higher than 83% of 34,711 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
93,077 | 65,839 | 54,031 | 54,918 | |
20 |
171 | 858 | 1,545 | 2,232 | |
21/28 |
17,113 | 8,877 | 14,698 | 20,519 | |
22/27 |
17,113 | 8,877 | 14,698 | 20,519 | |
23 |
1,884 | 3,232 | 4,580 | 5,928 | |
24 |
15,229 | 5,645 | 10,118 | 14,591 | |
29/58 |
75,793 | 56,105 | 37,788 | 32,167 | |
3 |
21,233 | 11,540 | 4,000 | 5,000 | |
30/36 |
7,000 | 7,000 | 4,000 | 5,000 | |
37 |
14,233 | 4,540 | - | - | |
40/41 |
22,679 | 26,831 | 26,184 | 20,377 | |
40 |
14,872 | 21,733 | 24,659 | 16,430 | |
41 |
7,807 | 5,098 | 1,525 | 3,947 | |
54/58 |
29,623 | 16,930 | 6,809 | 6,097 | |
490/1 |
2,258 | 803 | 795 | 693 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
93,077 | 65,839 | 54,031 | 54,918 | |
10/15 |
40,434 | 30,833 | 12,643 | 10,320 | |
10/11 |
4,000 | 4,000 | 4,000 | 4,000 | |
13 |
36,434 | 26,833 | 8,643 | 6,320 | |
133 |
36,434 | 26,833 | 8,643 | 6,320 | |
14 |
0 | 0 | 0 | - | |
17/49 |
52,643 | 35,007 | 41,387 | 44,598 | |
17 |
10,000 | 10,000 | 14,000 | 20,631 | |
170/4 |
- | - | 0 | 2,631 | |
178/9 |
10,000 | 10,000 | 14,000 | 18,000 | |
42/48 |
42,643 | 25,007 | 27,387 | 23,967 | |
42 |
- | 0 | 2,631 | 9,609 | |
44 |
22,079 | 10,071 | 15,074 | 10,943 | |
440/4 |
22,079 | 10,071 | 15,074 | 10,943 | |
45 |
5,089 | 12,007 | 7,472 | 2,775 | |
450/3 |
5,089 | 6,179 | 2,157 | 1,197 | |
454/9 |
0 | 5,828 | 5,315 | 1,578 | |
47/48 |
15,474 | 2,929 | 2,210 | 640 | |
| Income statement | |||||
9900 |
39,467 | 33,539 | 12,549 | 19,211 | |
630 |
7,451 | 6,508 | 6,508 | 9,789 | |
640/8 |
994 | 800 | 288 | 455 | |
9901 |
31,022 | 26,231 | 5,754 | 8,966 | |
75/76B |
10 | 0 | 11 | - | |
75 |
10 | 0 | 11 | - | |
65/66B |
1,160 | 1,234 | 686 | 1,578 | |
65 |
1,160 | 1,234 | 686 | 1,578 | |
9903 |
29,872 | 24,997 | 5,078 | 7,388 | |
67/77 |
6,153 | 5,089 | 1,089 | 1,068 | |
9904 |
23,719 | 19,907 | 3,989 | 6,320 | |
9905 |
23,719 | 19,907 | 3,989 | 6,320 | |
| Appropriation of the result | |||||
9906 |
23,719 | 19,907 | 3,989 | 6,320 | |
691/2 |
9,601 | 18,189 | 2,323 | 6,320 | |
6921 |
9,601 | 18,189 | 2,323 | 6,320 | |
694/7 |
14,118 | 1,718 | 1,666 | - | |
694 |
14,118 | 1,718 | 1,666 | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2025, 3 entries, €589 awarded, €589 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €326 | €326 |
| 2023 | 1 | €0 | €263 |
| 2022 | 1 | €263 | €0 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 38,473 | 32,739 | 12,262 | 18,755 | ||
| 31,170 | 26,415 | 10,497 | 16,110 | ||
| 15,000 | 687 | 687 | 29,105 | ||
| 12,693 | 10,122 | 711 | - | ||
| 33,150 | 31,098 | 10,401 | 8,201 | ||
| 43.4% | 46.8% | 23.4% | 18.8% | ||
| 1.78 | 2.24 | 1.38 | 1.34 | ||
| 1.28 | 1.78 | 1.23 | 1.13 | ||
| 1.30 | 1.14 | 3.27 | 4.32 | ||
| 58.7% | 64.6% | 31.6% | 61.2% | ||
| 25.5% | 30.2% | 7.4% | 11.5% | ||
| 33.17 | 26.52 | 17.87 | 11.88 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €15,000 | - | - | €29,105 |
| €7,451 | €6,508 | €6,508 | €9,789 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on VERCATECH
The operating result for 2025 is 18% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 53.2% to 56.6%. Equity and debt are higher.