BANVERCO
ActiveBANVERCO has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.53M and a net result of €41k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 82% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 7.39 against 7.33 in 2024; short-term debt: 9.8% and cash: 21.9% of total assets), and 22.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.8%
Return on assets
2.1%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
58 d early
2023
26 d early
2022
39 d early
2021
38 d early
2020
42 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.53M▼ 0.4%
2024 · €1.54M
2018: €1.22M
2019: €1.39M
2020: €1.43M
2021: €1.41M
2022: €1.39M
2023: €1.47M
2024: €1.54M
2018 → 2025
Total assets
€1.97M▼ 0.3%
2024 · €1.98M
2018: €1.71M
2019: €1.89M
2020: €1.87M
2021: €1.87M
2022: €1.83M
2023: €1.95M
2024: €1.98M
2018 → 2025
Net result
€41k▼ 41.2%
2024 · €70k
2018: €36k
2019: €47k
2020: €47k
2021: €-25k
2022: €-18k
2023: €78k
2024: €70k
2018 → 2025
Working capital
€1.23M▲ 1.3%
2024 · €1.21M
2018: €1.08M
2019: €1.25M
2020: €1.23M
2021: €1.17M
2022: €1.15M
2023: €1.20M
2024: €1.21M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.41M-€1.39M▼ 1.3%€1.47M▲ 5.6%€1.54M▲ 4.8%€1.53M▼ 0.4%
Operating result€-18k-€13k€101k▲ 665%€99k▼ 1.4%€48k▼ 51.8%
Net result€-25k-€-18k▲ 26.2%€78k€70k▼ 9.9%€41k▼ 41.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.97M
Fixed assets
€548k▼ 3.9%
Current assets
€1.42M▲ 1.2%
Equity and liabilities €1.97M
Equity
€1.53M▼ 0.4%
Debt
€438k▲ 0.1%
The debt ratio rises from 22.1% to 22.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€123k▼
2024 · €167k
Cash flow
€116k▼
2024 · €137k
Solvency
77.8%▼
2024 · 77.9%
Current ratio
7.39▲
2024 · 7.33
Quick ratio
4.84▲
2024 · 4.80
Debt / equity
0.29▲
2024 · 0.28
ROE
2.7%▼
2024 · 4.5%
ROA
2.1%▼
2024 · 3.5%
Interest coverage
5.65▼
2024 · 8.56
Debt
€438k▲
2024 · €438k
Debt ≤ 1 year
€193k▲
2024 · €192k
Debt > 1 year
€232k▼
2024 · €233k
Income taxes
€14k▼
2024 · €31k
Staff costs
€603k▲
2024 · €556k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.98M€1.97M▼
Fixed assets21/28€571k€548k▼
Tangible fixed assets22/27€571k€548k▼
Land and buildings22€261k€261k=
Plant, machinery and equipment23€246k€220k▼
Furniture and vehicles24€64k€67k▲
Financial fixed assets28€223€223=
Current assets29/58€1.41M€1.42M▲
Stocks and contracts in progress3€485k€490k▲
Stocks30/36€485k€490k▲
Amounts receivable within one year40/41€158k€180k▲
Trade receivables40€140k€146k▲
Other amounts receivable41€19k€34k▲
Current investments50/53€291k€321k▲
Cash at bank and in hand54/58€456k€432k▼
Deferred charges and accrued income490/1€16k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.98M€1.97M▼
Equity10/15€1.54M€1.53M▼
Contributions10/11€558k€558k=
Capital10€558k€558k=
Issued capital100€558k€558k=
Reserves13€981k€975k▼
Non-distributable reserves130/1€56k€56k=
Legal reserve130€56k€56k=
Tax-exempt reserves132€72k€72k=
Distributable reserves133€853k€847k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€438k€438k▲
Amounts payable after more than one year17€233k€232k▼
Other amounts payable178/9€233k€232k▼
Amounts payable within one year42/48€192k€193k▲
Trade debts44€44k€55k▲
Suppliers440/4€44k€55k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€148k€137k▼
Taxes450/3€28k€26k▼
Remuneration and social security454/9€120k€111k▼
Accrued charges and deferred income492/3€13k€13k▲
Income statement
Code20242025
Non-recurring operating income76A€0€10k▲
Remuneration, social security and pensions62€556k€603k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€75k▲
Other operating charges640/8€52k€52k▲
Gross operating margin9900€775k€778k▲
Operating profit (loss)9901€99k€48k▼
Financial income75/76B€21k€29k▲
Recurring financial income75€21k€29k▲
Financial charges65/66B€19k€22k▲
Recurring financial charges65€19k€22k▲
Profit (loss) for the period before taxes9903€101k€55k▼
Income taxes67/77€31k€14k▼
Profit (loss) for the period9904€70k€41k▼
Profit (loss) for the period to be appropriated9905€70k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€41k▼
Transfer from equity791/2-€47k
Transfer to equity691/2€70k€41k▼
To other reserves6921€70k€41k▼
Profit to be distributed694/7-€47k
Return on contributions (dividend)694-€47k
Social balance
Average headcount (FTE)908711.612.1▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €78k
Net result €78k after 2 loss-making years.
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-25k ▼153%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 1963
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Torhoutsesteenweg 6058400 OostendeGround area
1.2 ha
Building footprint
1,261 m²
Volume, LiDAR
7,362 m³
Parcel 35020A0154/00E000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Banverco nv
since 19632.003.717.320
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020A0154/00E000 | Flanders | 1.2 ha | 1 · 1,261 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 3,505 EUR awarded · 3,505 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,242 EUR | 2,242 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 263 EUR | 263 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsBandenmonteur (vwo)
Bandenmonteur duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Legal Entity Identifier
6488DSB2RE345Z9N5051
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Of 1,749 companies in sector 46720 we hold annual accounts for 1,083. 728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-01-1963
Fiscal year end30-09
Activities, NACEBEL
45310
46720Wholesale of motor vehicle parts and accessories
50301
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
50200
50302
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:filip.verhelst@banverco.be
Phone:059508806