Parent and group
- SeDoSa100%
Versa Group
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Versa Group has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.8m and a net result of €1.9m. Equity has been growing by about 66% per year since 2018. Its solvency ranks better than 39% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 02-02-2011 Normal situation
- Legal form
- Private limited company
- Registered office
- Zeutestraat 1, 2800 Mechelen
- Activity
- Wholesale trade NACE 46836and 3 others
- Establishment units
- 2.196.018.929 2800 Mechelen, since 02-02-2011
- 2.356.336.173 2800 Mechelen, since 23-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- SeDoSaManaging director · permanent representative BAYBASIN Şeyhmus
- Durmaz SalihDirector · since 31-01-2011
- Atagün DoganDirector · since 19-05-2017
- Auditor
- PKF Bofidi Audit
Shareholders
- Holdings
- Shares in 1 company DELLING
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Turnover
- €38.5m
- ▲ 19.3%
- Profit
- €1.9m
- ▲ 56.4%
- Equity
- €8.8m
- ▲ 27.0%
- Total assets
- €24.6m
- ▲ 14.5%
- Staff
- 42.8 FTE
- ▼ 19.2%
Net result +56%: merger2025 accounts filed 29 days before the deadline
Filed on 02-07-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 1.61, cash €840,7041 of the last 3 accounts latelowers riskFounded in 2011Profit of €1.9m (financial year 2025)Show the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency
61+4
equity 35.8% of total assets
Liquidity
29-1
short-term debt 51.0% · cash 3.4%
Profitability
69+5
return on assets 7.6%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.4%
12-2024: 2.8%▲ +0.4 percentage points vs 11-2024highest value
01-2025: 0.7%▼ -2.1 percentage points vs 12-2024
02-2025: 0.6%▼ -0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▼ -0.4 percentage points 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: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026lowest value
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (1.58 in 2024), above the usual 1.5. Short-term debt is 51% and cash 3.4% of total assets. However, 64.2% of the assets are financed with debt and provisions.
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 46, small). It does better than 41% of them on solvency, 28% on liquidity, 59% on profitability and 87% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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Signals
Five signals.
lowers riskraises riskneutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
29 days early
2024
30 days early
2023
121 days late
2022
13 days early
2021
30 days late
2020
17 days late
2019
50 days early
← 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 7 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 18 July (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 02-07-2026
- Annual accounts 2024filed on 01-07-2025
- Annual accounts 2023filed on 29-11-2024
- Annual accounts 2022filed on 03-08-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 17-07-2026
- Restructuringact of 30-01-2024
- Capital & shares · Amendment of the articles · Legal-form change · Name · Resignations & appointments · Restructuringact of 30-01-2024
- Restructuring · Miscellaneousact of 14-11-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Versa Group
- What is the company number of Versa Group?
- The company number of Versa Group is 0833.375.993. The VAT number is the same number with BE in front: BE 0833.375.993.
- Where is Versa Group based?
- The registered office is at Zeutestraat 1, 2800 Mechelen.Company details
- What does Versa Group do?
- According to the KBO register, the main activity is wholesale trade (NACE 46836).
- What is the legal form of Versa Group?
- The legal form of Versa Group is Private limited company (BV).
- When was Versa Group founded?
- Versa Group was founded on 02-02-2011.
- Is Versa Group still active?
- Yes, Versa Group is an active enterprise in the KBO register.
- How many employees does Versa Group have?
- Versa Group had an average of 42.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Versa Group?
- The turnover of Versa Group was €38.5m in financial year 2025, according to the filed annual accounts.
- Is Versa Group profitable?
- In financial year 2025, Versa Group made a profit of €1.9m.
- Where can I find the annual accounts of Versa Group?
- Versa Group filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Versa Group due?
- Versa Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to Versa Group
Subsidiaries and holdings
- DELLING100%
Comparable companies
These companies have the same main activity as Versa Group: wholesale trade (NACE 46836). They are comparable in size and age: total assets between €7.3m and €77m, founded between 1990 and 2016.
| Company | Total assets | Turnover |
|---|---|---|
| Versa Group Mechelen | €24.6m | €38.5m |
| Coram Supply Chain Pelt | €18.7m | €23.7m |
| GROHE Zaventem | €9.9m | €35.4m |
| WATKINS EUROPE Dilsen-Stokkem | €19.4m | €32.0m |
| Hansgrohe Anderlecht | €7.3m | €39.1m |
| STERCK Aalst | €9.3m | €14.5m |
| SATELLITE INDUSTRIES Sint-Gillis (bij-Brussel) | €76.9m | €69.9m |
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