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VERTITEC

Active Private limited companyfounded 2023active for 2 yearsSteenweg op Zinnik 89, 7850 EnghienKBO/BCE: BE 1003.873.190

Lifetime

2 annual accounts with figures on one time axis
peak €251,294 (2025)
€251,294▲ 22.8%
peak €113,622 (2024)
€103,841▼ 8.6%
peak €222,464 (2025)
€222,464▲ 87.5%
€966,096▲ 42.1%
peak 1 FTE (2025)
1 FTE▲ 150%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €204,699 to €251,294Staff from 0.4 FTE to 1 FTEEquity from €118,622 to €222,464Debts from €679,839 to €966,096Investments €59,556

Key points

from the 2025 annual accounts

Equity

€222,464 ▲ 87.5%
€119,0002024€222,0002025

Equity rose in 2025 from €118,622 to €222,464.

Debts

€966,096 81% of the balance sheet
Financial debts 29%Suppliers 42%Taxes and wages 8%Other 21%

Of this, €893,292 falls due within a year.

Investments

€59,556 4.2 × depreciation
20242025

Green is investment, beige is depreciation. Machinery stands 94.3% higher than in 2024.

2025 accounts filed 31 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,976 companies had the same profile as VERTITEC has now. Each dot stands for 20 companies, two years later.

94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 7,976 companies, not a prediction for VERTITEC. 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

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Signals

Board and ownership

Director
Director
  • 50 sharesdeed of 28-12-2023
  • 50 sharesdeed of 28-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1003873190
First establishment Steenweg op Zinnik 89, Enghien
Incorporation Founding capital of €5,000, 100 shares · Founders: (fondateur comparant) and (fondateur comparant) · Appointments: (director) and (director) · published on 28-12-2023 · Gazette deed
All 6 events

Comparable companies

same main activity, similar in size and age
Company
VERTITEC Enghien €1.2m €251,294 18.7% 1
M2CO Gerpinnes €1.6m €212,961 15.3% 1.8
VAN HOOYDONK & FILS Hamois €2.7m €276,480 16.3% 1
FRANK GILLEBERT Wervik €1.1m €635,586 33.7% 1.9
MAES MACHINES Houthulst €1.3m €230,071 42.1% 0
TRACKSTORE TRADING Sint-Katelijne-Waver €1.5m €769,795 64.8% 1
DE SMET TUINBOUWBENODIGDHEDEN Sint-Katelijne-Waver €2.0m €574,700 26.2% 1.9

These companies have the same main activity as VERTITEC: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €1.1m and €2.7m, founded between 2022 and 2024.

Official details

Source: KBO
Status
Active since 24-12-2023Normal situation
Activity
Wholesale tradeNACE 46610and 1 other
Joint committee
149.04Metal trade · annual accounts 2025
Establishment unit
2.357.700.4107850 Enghien, since 01-01-2024
Financial year end
31 December
Peppol
Reachable since 01-08-2025
Company details

Annual accounts 2025

≈ €1.3mestimated
€1.2m▲ 48.9%
Employeeson 31-12-2025
1=
Filing
Filed on 31-08-2026
Financials

Insights on VERTITEC

VERTITEC has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,464 and a net result of €103,841.

Its solvency ranks better than 25% of 9,905 sector peers (NACE 46, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VERTITEC

What is the company number of VERTITEC?
The company number of VERTITEC is 1003.873.190. The VAT number is the same number with BE in front: BE 1003.873.190.
Where is VERTITEC based?
The registered office is at Steenweg op Zinnik 89, 7850 Enghien.Company details
What does VERTITEC do?
According to the KBO register, the main activity is wholesale trade (NACE 46610).
What is the legal form of VERTITEC?
VERTITEC is a private limited company (BV).
When was VERTITEC founded?
VERTITEC was founded on 24-12-2023.
Is VERTITEC still active?
Yes, VERTITEC is an active enterprise in the KBO register.
How many employees does VERTITEC have?
VERTITEC had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VERTITEC fall under?
In its 2025 annual accounts, VERTITEC states joint committee 149.04 (Metal trade).
What is the turnover of VERTITEC?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €251,294 and 139 comparable companies (NACE 46). It probably lies between €800,000 and €2.2m.
Is VERTITEC profitable?
In financial year 2025, VERTITEC made a profit of €103,841.
Where can I find the annual accounts of VERTITEC?
VERTITEC filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERTITEC due?
VERTITEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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