Financials
- Financial year
- 2025
- Turnover
- €62.9m
- Profit
- €1.0m
- Solvency
- 28.2%
Turnover▼ 4.0%
Net result
20192025
VERTIMAC
ActiveSummary
VERTIMAC has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.8m and a net result of €1.0m. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 31% of 6,136 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Wholesale trade
NACE 46644
2nd fastest staff growth in Waregem, Wholesale and retail trade sector5 sites
Size
€62.9mturnover 2025
- Staff
- 104.9 FTE
- Equity
- €23.8m
- Profit
- €1.0m
Structure
- Parent
- D.F.M. · 50.98%
- Board
- 5 members
- Holdings
- 2
2025 accounts 28 days early1 of 7 deeds summarised
Why 87raises riskLiquidity: current ratio 1.12, cash €2.9m5 establishment unitslowers riskFounded in 2011Figures for financial year 2025 (filed 04-04-2026)Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2024
Average
Solvency
53+1
equity 28.2% of total assets
Liquidity
42+6
short-term debt 29.8% · cash 3.5%
Profitability
80-1
return on assets 1.2%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.3 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.3%▼ -0.2 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €2,050,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.12, compared with 0.81 in 2024, below the usual 1.5; short-term debt: 29.8% and cash: 3.5% of total assets), and 71.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 35% on solvency, 58% on liquidity, 88% on profitability and 40% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
37 days early
2023
15 days early
2022
44 days early
2021
30 days early
2020
on the day
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end25-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Key points
- Positive: Among the best 8% on equitysector median €1.6m · 6,069 companies €23.8m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Controlled by D.F.M.ultimately: PAR-INVEST & CO 50.98% View
- Caution: Result fell in 2025from €1.5m to €1.0m ▼ 30.0% View
- Positive: 5 profitable years in a rowprofit 2025: €1.0m 5 years View
By topic
Board & ownership
- Board
- 5 members
- Parent
- D.F.M. · 50.98%
- BV DFMDirector
- EVALEXDirector
- FJVDirector
- LANDO MANAGEMENTDirector
- PALTIDirector
Network & group
- Group
- PAR-INVEST & CO
- Subsidiaries, all levels
- 3
- Direct holdings
- 2
- Connected companies
- 7
3 subsidiaries
Timeline
- Events
- 18
- Since
- 2013
- Next accounts
- by 30-04-2027
- 10-04-2024Appointments: BV DFM, LANDO MANAGEMENT and 3…
- 30-09-2023Highest result from 2019 to 2025
- 17-03-2023Annual accounts filed
Company details
- Sites
- 5
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46644
- Founded
- 01-04-2011
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 31
- Annual meeting
- First Monday of March at 18:00
- Purpose
- “De groot- en kleinhandel,tussenhandel,de import en export,het herstellen van…” (deed in Dutch)
Key facts about VERTIMAC
- What is the company number of VERTIMAC?
- 0835.103.781. In Belgium the VAT number is the company number with BE in front: BE 0835.103.781.
- Where is VERTIMAC based?
- The registered office is at Industrielaan 30, 8790 Waregem.Company details
- What does VERTIMAC do?
- According to the KBO register, the main activity is wholesale trade (NACE 46644).
- What is the legal form of VERTIMAC?
- Private limited company (BV).
- When was VERTIMAC founded?
- On 01-04-2011.
- Is VERTIMAC still active?
- Yes, VERTIMAC is an active enterprise in the KBO register.
- How many employees does VERTIMAC have?
- On average 104.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VERTIMAC?
- €62.9m in financial year 2025, according to the filed annual accounts.
- Is VERTIMAC profitable?
- In financial year 2025, VERTIMAC made a profit of €1.0m.
- Where can I find the annual accounts of VERTIMAC?
- VERTIMAC filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERTIMAC due?
- By 30-04-2027, for financial year 2026.Timeline
Companies related to VERTIMAC
Parent and group
- D.F.M.50.98%
- PAR-INVEST & CO99.85%
Subsidiaries and holdings
- WeLift57.5%
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