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Vertec

Active Private limited companyfounded 2019active for 7 yearsVijf Gezusterslaan 17, 2960 BrechtKBO/BCE: BE 0729.549.569

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €504,094 (2022)
€112,238▲ 17.1%
lowest -€93,246 (2025)
-€93,246▼ €69,872
peak €555,793 (2023)
€259,172▼ 51.3%
€635,587▲ 97.9%
Board2 names since 2021
2 directorsStoop Annick and 1 other
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €95,824 to €112,238Loss of €93,246Dividend €180,000Equity from €532,419 to €259,172Debts from €321,220 to €635,587Investments €90,100

Key points

from the 2025 annual accounts

Equity

€259,172 ▼ 51.3%
532,4192024-93,246Loss-180,000Dividend259,1722025

Vertec paid out €180,000 in dividends in a year with a loss of €93,246.

Result

-€93,246 ▼ 299%
-€23,4002024-€93,2002025

The result fell in 2025 from -€23,374 to -€93,246.

Debts

€635,587 ▲ 97.9%
Other debts
+207,739
Suppliers
+48,472
Taxes and wages
+23,603
The rest
+34,552

Debts rose by €314,367 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€90,100 4.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

0.96 was 3.28 in 2024

Short-term debts rose from €137,795 to €441,524.

Position in the sector

-€93,246

Lower net result than 95% of companies in wholesale trade. Sector median €5,626 · 13,803 companies.

Checked score

68
Healthy
Financially stronger than 23% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,892 companies (NACE 46, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value 11-2026: 0.6%● unchanged vs 10-2026highest value

Financial strength
Weak

54-33equity 29.0% of total assets
31-37short-term debt 49.3% · cash 4.4%
6-16return on assets -10.4%

Score breakdown

raises risk
Loss of €93,246, the second in a row (financial year 2025)
Liquidity: current ratio 0.96, cash €39,191, halved
lowers risk
Size: total assets €894,759
Figures for financial year 2025 (filed on 09-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 39% of them on solvency, 28% on liquidity, 15% on profitability and 10% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,133 companies had the same profile as Vertec has now. Each dot stands for 3 companies, two years later.

86.4%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.5% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Vertec itself is lower: 0.6% within 12 months. It rests on far more data about Vertec than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,133 companies, not a prediction for Vertec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €17,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.96 (3.28 in 2024), below 1. Short-term debt is 49.3% and cash 4.4% of total assets. 71% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €894,759
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €93,246, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.96, cash €39,191, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€93,246
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
22 days early
2024
8 days early
2023
33 days early
2022
12 days early
2021
31 days early
2020
27 days late
2019
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SA
Stoop Annick
Director
VC
Verdoodt Christiaan
Director
Board & ownership

Recent changes

General meeting · Registered-office move Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0729549569
New establishment in Malle Antwerpsesteenweg 5
General meeting · Other provision Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
Vertec Brecht €0.9m €112,238 29.0% -
APIR Invest Grez-Doiceau €0.8m €99,023 6.6% -
Mutandis Staden €0.8m €143,750 63.2% -
Golden Cars Belgium Lier €0.8m €182,640 2.1% -
GNC-invest Schoten €1.0m €75,128 26.8% -
DENVA Merchtem €0.6m €133,708 21.1% -
DINALI TRADE Forest €1.1m €108,227 15.4% -

These companies have the same main activity as Vertec: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €649,000 and €1.1m, founded between 2017 and 2020.

Official details

Source: KBO
Status
Active since 28-06-2019Normal situation
Activity
Agents specialised in the wholesale of other particular productsNACE 46180and 4 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.292.366.5542960 Brecht, since 28-06-2019
2.364.898.3052390 Malle, since 11-10-2024
Financial year end
31 December
Peppol
Reachable since 20-02-2026
Company details

Annual accounts 2025

€112,238▲ 17.1%
≈ €420,000estimated
€93,246▲ 299%
€259,172▼ 51.3%
€894,759▲ 4.8%
Employeeson 31-12-2025
2▲ 100%
Filing
Filed on 09-07-2026, 22 days before the end of the filing period
Financials

Insights on Vertec

Vertec files the micro format. That format states no turnover. The gross margin rose from €98,868 in 2019 to €112,238 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 09-07-2026, 22 days before the deadline
€112,238
▲ 17.1%
-€31,739
▼ €39,096
-€93,246
▼ €69,872
-€16,418
▼ €330,768
29.0%
▼ 33.4 percentage points
0.96
▼ 2.32

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €420,000. Estimated: probably between €200,000 and €1.0m.

Balance sheet

balance sheet total €894,759 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

29.0%

Higher than 41% of 13,797 companies in 2025.

0.96

Higher than 26% of 13,178 companies in 2025.

-10.4%

Higher than 16% of 13,357 companies in 2025.

Vertec Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Staff

€91,984

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 894,759853,638944,797855,462627,002265,803256,526
21/28 469,653401,494456,571247,411257,14650,21654,336
21 19,010------
22/27 450,643401,494456,571247,411257,14650,21654,336
22 385,015388,020395,614221,735220,605--
23 3,2283,4681,630----
24 37,5205,59254,14119,72129,81342,71754,336
26 24,8804,4145,1855,9566,7277,498-
29/58 425,106452,145488,227608,050369,856215,588202,190
29 221,931221,931221,93150,00050,000--
291 221,931221,931221,93150,00050,000--
40/41 129,18759,150203,46868,156274,729185,821191,760
40 114,69757,046201,70755,975205,940156,858159,390
41 14,4912,1041,76112,18168,78928,96332,370
54/58 39,191148,56050,252485,81442,23626,1529,330
490/1 34,79822,50512,5764,0802,8923,6151,100
Balance sheet: equity and liabilities
10/49 894,759853,638944,797855,462627,002265,803256,526
10/15 259,172532,419555,793463,335150,66271,63369,006
10/11 5,0005,0005,0005,0005,0005,000-
11 ------5,000
1100/10 ------5,000
13 370,793550,793550,793458,335145,66266,63364,006
133 370,793550,793550,793458,335145,66266,63364,006
14 -116,621-23,374-----
17/49 635,587321,220389,004392,126476,340194,170187,520
17 194,062183,425206,407182,25613,86428,832-
170/4 194,062183,425206,407182,25613,86428,832-
42/48 441,524137,795182,597209,870462,477165,287187,520
42 46,89722,98362,369126,46714,96832,590-
44 64,28915,81734,49931,982407,25968,500127,097
440/4 64,28915,81734,49931,982407,25968,500127,097
45 51,57127,96841,71841,421-64,19760,424
450/3 45,82621,24038,34341,421-64,19760,424
454/9 5,7456,7283,375----
47/48 278,76771,02744,01110,00040,250--
492/3 -----51-
Income statement
76A -12,16635,180----
9900 112,23895,824255,833504,094126,68425,70798,868
62 110,38158,88227,242----
630 21,94127,48121,28025,06914,59912,9999,589
640/8 11,4862,10336,2278931,1851,655348
66A 169----6,900-
9901 -31,7397,358171,084478,132110,9014,15288,932
75/76B 12,65315,04911,1081,564563349-
75 12,65315,04911,1081,564563349-
65/66B 73,50546,30246,40626,2061,189816287
65 73,50546,30246,40626,2061,189816287
9903 -92,591-23,895135,785453,490110,2753,68688,645
67/77 655-52140,728140,81631,2471,05924,639
9904 -93,246-23,37495,057312,67479,0292,62764,006
9905 -93,246-23,37495,057312,67479,0292,62764,006
Appropriation of the result
9906 -116,621-23,37495,057312,67479,0292,62764,006
14P -23,374------
791/2 180,000------
691/2 --92,457312,67479,0292,62764,006
6921 --92,457312,67479,0292,62764,006
694/7 180,000-2,600----
694 180,000------
696 --2,600----
Social balance sheet
9087 1.210.6----
Hours worked1013 2,1381,760928----
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 10 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 09-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 09-07-2026 2026-00283651 PDF
31-12-2024 micro format 23-07-2025 2025-00296451 PDF
31-12-2023 micro format 28-06-2024 2024-00183560 PDF
31-12-2022 micro format 19-07-2023 2023-00255016 PDF
31-12-2021 micro format 30-06-2022 2022-20153280 PDF
31-12-2020 micro format 27-08-2021 2021-55400211 PDF
31-12-2019 micro format 14-10-2020 2020-61800242 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €24,000 awarded

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
-9,79834,839192,364503,201125,50017,15198,521
-71,3054,107116,337337,74393,62815,62673,595
90,1001,939814,46835,617221,52933,87963,925
-109,36998,307-435,562443,57916,08416,822-
-16,418314,350305,630398,180-92,62050,30114,670
29.0%62.4%58.8%54.2%24.0%26.9%26.9%
0.963.282.672.900.801.301.08
2.450.600.700.853.162.712.72
-36.0%-4.4%17.1%67.5%52.5%3.7%92.8%
-10.4%-2.7%10.1%36.6%12.6%1.0%25.0%
-0.130.754.1519.20over 100--

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.

Social balance sheet

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date211
full-time211
in full-time equivalents211
1.210.6
On a permanent contract211

Source: social balance sheet in the 2023 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€69,255€1,939€814,468€35,617€221,529
Intangible fixed assets€20,845----
€21,941€27,481€21,280€25,069€14,599

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Vertec

The operating result for 2025 is a loss of €31,739, after a profit of €7,358 in 2024. It is the lowest result since 2019.

Debt's share of the balance-sheet total rises from 37.6% to 71.0%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors
Stoop Annick
Director
listed in the 2025 annual accounts, filed on 09-07-2026
Verdoodt Christiaan
Director
listed in the 2025 annual accounts, filed on 09-07-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Stoop Annick
Director
Verdoodt Christiaan
Director
Boardmandate already running before its first mention
Mandates as a list
  • Stoop Annick
    • Director, since before 31-12-2021
  • Verdoodt Christiaan
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

Capital

Contribution
€5,000
Source
2025 annual accounts

Network & group

No group

Vertec has no parent and no holdings in its annual accounts. Vertec shares no director with another company.

Timeline

Timeline

19 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 22 days before the deadline
General meeting · Registered-office move PDFDirector resignation · Permanent representative
Registered in the Peppol Directory Reachable for e-invoices through 0208:0729549569
2025
Weakest financial year net -€93,246 The net result drops to -€93,246, the lowest from 2019 to 2025.
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
2024
New establishment in Malle Antwerpsesteenweg 5
Annual accounts 2023 filed PDFmicro format · 33 days before the deadline
2023
Equity above €500,000 equity €555,793 ▲20% With a profit in every financial year since 2019, equity grows to €555,793.
Annual accounts 2022 filed PDFmicro format · 12 days before the deadline
2022
Highest result from 2019 to 2025 net €312,674 ▲296% The operating result of €478,132 and the net result of €312,674 are both a record.
Liquidity more than triples current ratio 2.90 The current ratio rises from 0.80 to 2.90. Short-term debt falls from €462,477 to €209,870.
Equity above €200,000 equity €463,335 ▲208% With a profit in every financial year since 2019, equity grows to €463,335.
Annual accounts 2021 filed PDFmicro format · 31 days before the deadline
2021
Equity above €150,000 equity €150,662 ▲110% With a profit in every financial year since 2019, equity grows to €150,662.
Annual accounts 2020 filed PDFmicro format · 27 days late
General meeting · Other provision PDFCapital conversion · Reserve release
2020
Annual accounts 2019 filed PDFmicro format · 75 days late
2019
Incorporation PDFpublished on 02-07-2019
First establishment Dataloggers.shop, Vijf Gezusterslaan 17, Brecht

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 28 June 2019, Vertec was incorporated as a private limited company.1 Total assets went from €256,526 in 2019 to €894,759 in 2025 and headcount from 0.6 full-time equivalents in 2023 to 1.2 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019, 2023 and 2025

Company details

Identity

Enterprise number
0729.549.569
VAT number
BE 0729.549.569
Peppol ID
0208:0729549569
Other Peppol ID
9925:BE0729549569
LEI code
254900JGCUP1Y5DPAT51 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
28-06-2019
Financial year
ends on 31 December
Peppol
Reachable since 20-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Vertec in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
46646 Wholesale trade main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
46180 Wholesale trade main activity
47789 Retail trade
47910 Retail trade
47990 Retail trade
Social security (RSZ) activities
46696 Wholesale trade main activity

Registered office and establishments

2 establishments
Establishment Since Unit number
Dataloggers.shop registered office Vijf Gezusterslaan 17, 2960 Brecht 28-06-2019 2.292.366.554
Antwerpsesteenweg 5 2390 Malle 11-10-2024 2.364.898.305

Buildings and parcels at the addresses

Ground area
1,787 m²
Buildings
276 m²
Volume, LiDAR
1,745 m³
Tallest building
10.5 m
Buildings to scale, each on its own parcel
158 m², 10.4 m 117 m², 10.5 m 158 m², 10.4 m 117 m², 10.5 m

Location

registered office establishment All 2 establishment units on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11332L0025/00B0051,668 m² 1 · 158 m² 10.4 m · 2
11032D0297/00N000119 m² 1 · 117 m² 10.5 m · 1