CONCEPT VERANDA
ActiveCONCEPT VERANDA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €-19k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 2004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-24
Solvency25▼-15
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 1.36 in 2024), and 80.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.4%
Return on assets
-2.2%
Age of the figures
14 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2004 sector peers (2025).
NBB · sector comparisonPosition among 2004 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
24 d early
2023
19 d early
2022
20 d early
2021
1 d early
2020
2 d early
2019
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close06-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-19k
2024 · €9k
2020: €29k
2021: €57k
2022: €27k
2023: €15k
2024: €9k
2020 → 2025
Working capital
€16k▼ 83.6%
2024 · €96k
2020: €-82k
2021: €-8k
2022: €27k
2023: €51k
2024: €96k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€173k▲ 16.8%€186k▲ 7.5%€193k▲ 3.8%€171k▼ 11.1%
Operating result€31k-€31k▲ 0.6%€23k▼ 26.9%€17k▼ 27.5%€-12k
Net result€57k-€27k▼ 52.8%€15k▼ 44.2%€9k▼ 38.7%€-19k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €17k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €884k
Fixed assets
€536k▲ 7.8%
Current assets
€348k▼ 3.4%
Equity and liabilities €884k
Equity
€171k▼ 11.1%
Debt
€713k▲ 7.2%
The debt ratio rises from 77.5% to 80.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€57k▼
2024 · €77k
Cash flow
€50k▼
2024 · €70k
Solvency
19.4%▼
2024 · 22.5%
Current ratio
1.05▼
2024 · 1.36
Quick ratio
0.31▼
2024 · 0.66
Debt / equity
4.16▲
2024 · 3.45
ROE
-11.3%▼
2024 · 4.8%
ROA
-2.2%▼
2024 · 1.1%
Interest coverage
4.62▼
2024 · 6.99
Debt
€713k▲
2024 · €665k
Debt ≤ 1 year
€332k▲
2024 · €264k
Debt > 1 year
€381k▼
2024 · €401k
Income taxes
€130▼
2024 · €2k
Staff costs
€163k▲
2024 · €146k
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
Total assets20/58€858k€884k▲
Fixed assets21/28€497k€536k▲
Formation expenses20€149€0▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€496k€536k▲
Financial fixed assets28€2k€250▼
Current assets29/58€360k€348k▼
Stocks & contracts in progress3€185k€246k▲
Amounts receivable within one year40/41€96k€78k▼
Cash & bank54/58€73k€15k▼
Total equity & liabilities10/49€858k€884k▲
Equity10/15€193k€171k▼
Contributions / capital10/11€19k€19k=
Reserves13€64k€64k=
Accumulated profits (losses)14€85k€65k▼
Amounts payable17/49€665k€713k▲
Amounts payable after one year17€401k€381k▼
Amounts payable within one year42/48€264k€332k▲
Trade debts payable within one year44€156k€213k▲
Income statement
Code20242025
Gross operating margin9900€229k€254k▲
Operating result9901€17k€-12k▼
Financial income75€5k€6k▲
Financial charges65€11k€12k▲
Result before taxes9903€11k€-19k▼
Income taxes67/77€2k€130▼
Net result for the period9904€9k€-19k▼
Result to be appropriated9905€9k€-19k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €-19k ▼309%
Net result drops to €-19k, the lowest in the series.
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €150kEq €173k ▲16.8%
3 profitable years in a row build equity to €173k.
30-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2020net €57k ▲95.8%
Net result €57k, the highest in the series.
30-06
Financial
Equity above €100kEq €148k ▲66.7%
2 profitable years in a row build equity to €148k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 19,936 companies in sector 43320 we hold annual accounts for 8,958. 7,456 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2003
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
45421
45422
25120Manufacture of fabricated metal products, except machinery and equipment
28120
47789Other retail sale of new goods
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 01-09-2026. Scores and ratios are computed by Checked and are not a credit decision.