Equity
-€184,508
Debts exceed assets in financial year 2025.
COUNTRY Co
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €101,948 (2018)
€29,379▲ 43.0%
lowest -€52,820 (2021)
€1,961▲ €24,995
peak €27,278 (2012)
-€184,508▲ €1,961
€236,114▼ 2.6%
peak 2.5 FTE (2018)
-not published
Board3 names since 2015
3 directorsVERCOUTERE Laurent and 2 others
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Gross margin from €20,540 to €29,379Back to profit: €1,961
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Debts
€236,114 458% of the balance sheet
Financial debts 8%Suppliers 1%Taxes and wages 0%Other 91%
Filings
31 annual accounts since 1995
Nine of the last ten came late. The 2022 accounts came latest: 58 days after the end of the period.
Board
2 joined
New directors. Latest change 18-06-2026 · 3 in office.
Position in the sector
-357.5%
Lower solvency than 95% of companies in sports and recreation. Sector median 27.7% · 2,879 companies.
Checked score
54
Fair
Financially stronger than 28% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,269 companies (NACE 93, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.4%▼ -0.1 percentage points vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.3%▼ -0.1 percentage points vs 05-2025
07-2025: 2.5%▲ +0.2 percentage points vs 06-2025
08-2025: 2.9%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 1.8%▼ -1.1 percentage points vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.7%▼ -0.1 percentage points vs 05-2026
07-2026: 1.8%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▼ -1.1 percentage points vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€184,508
Liquidity: current ratio 0.01
lowers risk
Size: total assets €51,606
Founded in 1995
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 93, micro). It does better than 9% of them on solvency, 1% on liquidity, 57% on profitability and 46% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 1,449 companies had the same profile as COUNTRY Co has now. Each dot stands for 4 companies, two years later.
92.3%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COUNTRY Co itself: 0.7% within 12 months.
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.
| 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 1,449 companies, not a prediction for COUNTRY Co. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.02 in 2024), below 1. Short-term debt is 457.5% of total assets. Equity is negative.
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
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2879 sector peers (2025).
NBB · sector comparisonPosition among 2879 sector peers
Solvency
better than 5%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
27 days late
2023
22 days late
2022
58 days late
2021
30 days late
2020
31 days late
2019
32 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 26 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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 27 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointments: Théophile Vercoutere (director) and Victoria Vercoutere (director)
General meeting of 18-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455180418
Legal-form change · Resignations & appointments
General meeting of 08-03-2023 · Gazette deed
First establishment
Maretaklaan 104, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COUNTRY Co Uccle | - | - | -357.5% | - |
| OLIVIER TREVIS consulting Dour | - | - | -5.9% | - |
| F.C. Velzeke vzw Zottegem | €76,993 | 15.2% | 27.8% | - |
| CERCLE SPORTIF FAYT-MANAGE Manage | €532,272 | 8.8% | -76.4% | - |
| VRIENDENKRING R.C. LEBBEKE Lebbeke | - | - | 69.2% | - |
| LCCA Woluwe-Saint-Lambert | - | - | 85.3% | - |
| ACTION FACTORY Hasselt | - | - | 86.9% | - |
These companies have the same main activity as COUNTRY Co: football clubs (NACE 93121). They are comparable in size and age: total assets between €51,000 and €109,000, founded between 1986 and 2007.
Official details
Source: KBO- Status
- Active since 05-05-1995Normal situation
- Activity
- Football clubsNACE 93121and 2 others
- Establishment unit
- 2.071.809.1421180 Uccle, since 09-06-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 22-01-2026
Annual accounts 2025
- €51,606▼ 7.7%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on COUNTRY Co
COUNTRY Co files the micro format. That format states no turnover. The gross margin fell from €30,810 in 2006 to €29,379 in 2025.
The balance sheet grew most in 2021 through fixed assets.
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 COUNTRY Co
- What is the company number of COUNTRY Co?
- The company number of COUNTRY Co is 0455.180.418. The VAT number is the same number with BE in front: BE 0455.180.418.
- Where is COUNTRY Co based?
- The registered office is at Maretaklaan 104, 1180 Uccle.Company details
- What does COUNTRY Co do?
- According to the KBO register, the main activity is football clubs (NACE 93121).
- What is the legal form of COUNTRY Co?
- COUNTRY Co is a private limited company (BV).
- When was COUNTRY Co founded?
- COUNTRY Co was founded on 05-05-1995.
- Is COUNTRY Co still active?
- Yes, COUNTRY Co is an active enterprise in the KBO register.
- How many employees does COUNTRY Co have?
- COUNTRY Co had an average of 2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of COUNTRY Co?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €29,379 and 2,941 comparable companies of the same size. It probably lies between €71,000 and €210,000. It is a rough estimate.
- Is COUNTRY Co profitable?
- In financial year 2025, COUNTRY Co made a profit of €1,961.
- Where can I find the annual accounts of COUNTRY Co?
- COUNTRY Co filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COUNTRY Co due?
- COUNTRY Co must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.