DE VEIRMAN CONSTRUCTIES
ActiveSummary
DE VEIRMAN CONSTRUCTIES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,109 and a net result of €5,479. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 1918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 12.28 against 16.09 in 2024; short-term debt: 5.1% and cash: 57.4% of total assets), and 6.9% of the assets are financed with debt.
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Signals
Four 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
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
93.1%
Return on assets
5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
7 d late
2023
on the day
2022
31 d early
2021
18 d early
2020
12 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€102,109▲ 5.7%
2024 · €96,630
Total assets
€109,650▲ 8.9%
2024 · €100,678
Net result
€5,479▲ 47.7%
2024 · €3,710
Working capital
€63,183▲ 16.4%
2024 · €54,279
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,457▼ 9.9%€11,386▼ 0.6%€23,926▲ 110%€5,939▼ 75.2%€7,889▲ 32.8%
Net result€7,600within the sector's middle half▼ 10.3%€7,686within the sector's middle half▲ 1.1%€16,476within the sector's middle half▲ 114%€3,710within the sector's middle half▼ 77.5%€5,479within the sector's middle half▲ 47.7%
Equity€70,358within the sector's middle half▲ 10.7%€77,244within the sector's middle half▲ 9.8%€92,920within the sector's middle half▲ 20.3%€96,630within the sector's middle half▲ 4.0%€102,109within the sector's middle half▲ 5.7%
Total assets€87,398below the sector's middle half▲ 13.0%€91,015within the sector's middle half▲ 4.1%€107,422within the sector's middle half▲ 18.0%€100,678within the sector's middle half▼ 6.3%€109,650within the sector's middle half▲ 8.9%
Debt€17,039▲ 23.5%€13,772▼ 19.2%€14,502▲ 5.3%€4,048▼ 72.1%€7,540▲ 86.3%
Working capital€39,673within the sector's middle half▼ 36.2%€50,700within the sector's middle half▲ 27.8%€39,756within the sector's middle half▼ 21.6%€54,279within the sector's middle half▲ 36.5%€63,183within the sector's middle half▲ 16.4%
Solvency80.5%above the sector's middle half▼ 1.7pp84.9%above the sector's middle half▲ 4.4pp86.5%above the sector's middle half▲ 1.6pp96.0%above the sector's middle half▲ 9.5pp93.1%above the sector's middle half▼ 2.9pp
Current ratio3.47above the sector's middle half▼ 2.385.01above the sector's middle half▲ 1.543.97above the sector's middle half▼ 1.0516.09above the sector's middle half▲ 12.1212.28above the sector's middle half▼ 3.81
Return on assets (ROA)8.7%within the sector's middle half▼ 2.3pp8.4%within the sector's middle half▼ 0.3pp15.3%above the sector's middle half▲ 6.9pp3.7%within the sector's middle half▼ 11.7pp5.0%within the sector's middle half▲ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109,650
Fixed assets
€40,866 ▼ 4.5%
Current assets
€68,784 ▲ 18.8%
Equity and liabilities €109,650
Equity
€102,109 ▲ 5.7%
Debt
€7,540 ▲ 86.3%
Debt's share of the balance-sheet total rises from 4.0% to 6.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,742▲
2024 · €19,880
Cash flow
€21,333▲
2024 · €17,650
Quick ratio
12.07▼
2024 · 15.68
Debt to equity
0.07▲
2024 · 0.04
ROE
5.4%▲
2024 · 3.8%
Interest coverage
159.77▲
2024 · 138.13
Debt ≤ 1 year
€5,601▲
2024 · €3,598
Income taxes
€2,445▲
2024 · €2,142
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,039 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,000 | - | €6,198 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,723 | €6,957 | €7,986 | €13,940 | €15,853 | ▲ 13.7% |
| Other operating charges640/8 | €1,513 | €548 | €1,412 | €1,144 | €1,097 | ▼ 4.1% |
| Gross operating margin9900 | €15,693 | €18,891 | €33,325 | €21,024 | €24,839 | ▲ 18.1% |
| Operating profit (loss)9901 | €11,457 | €11,386 | €23,926 | €5,939 | €7,889 | ▲ 32.8% |
| Financial income75/76B | €2 | €24 | €28 | €56 | €184 | ▲ 226% |
| Recurring financial income75 | €2 | €24 | €28 | €56 | €184 | ▲ 226% |
| Financial charges65/66B | €127 | €141 | €156 | €144 | €149 | ▲ 3.3% |
| Recurring financial charges65 | €127 | €141 | €156 | €144 | €149 | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | €11,332 | €11,269 | €23,799 | €5,852 | €7,924 | ▲ 35.4% |
| Income taxes67/77 | €3,733 | €3,584 | €7,323 | €2,142 | €2,445 | ▲ 14.1% |
| Profit (loss) for the period9904 | €7,600 | €7,686 | €16,476 | €3,710 | €5,479 | ▲ 47.7% |
| Profit (loss) for the period to be appropriated9905 | €7,600 | €7,686 | €16,476 | €3,710 | €5,479 | ▲ 47.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,398 | €91,015 | €107,422 | €100,678 | €109,650 | ▲ 8.9% |
| Fixed assets21/28 | €31,685 | €27,676 | €54,262 | €42,801 | €40,866 | ▼ 4.5% |
| Tangible fixed assets22/27 | €30,875 | €26,866 | €53,452 | €41,991 | €40,056 | ▼ 4.6% |
| Plant, machinery and equipment23 | - | €2,649 | €2,060 | €3,913 | €15,292 | ▲ 291% |
| Furniture and vehicles24 | €30,875 | €24,217 | €51,392 | €38,078 | €24,764 | ▼ 35.0% |
| Financial fixed assets28 | €810 | €810 | €810 | €810 | €810 | = |
| Current assets29/58 | €55,713 | €63,339 | €53,160 | €57,877 | €68,784 | ▲ 18.8% |
| Stocks and contracts in progress3 | €1,418 | €1,391 | €1,426 | €1,467 | €1,151 | ▼ 21.6% |
| Stocks30/36 | €1,418 | €1,391 | €1,426 | €1,467 | €1,151 | ▼ 21.6% |
| Amounts receivable within one year40/41 | €5,290 | €6,879 | €10,232 | €3,066 | €3,140 | ▲ 2.4% |
| Trade receivables40 | €3,250 | €3,250 | €3,250 | €1,376 | €938 | ▼ 31.8% |
| Other amounts receivable41 | €2,040 | €3,629 | €6,982 | €1,690 | €2,202 | ▲ 30.3% |
| Cash at bank and in hand54/58 | €47,636 | €54,753 | €41,153 | €52,984 | €62,940 | ▲ 18.8% |
| Deferred charges and accrued income490/1 | €1,368 | €317 | €349 | €360 | €1,553 | ▲ 331% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,398 | €91,015 | €107,422 | €100,678 | €109,650 | ▲ 8.9% |
| Equity10/15 | €70,358 | €77,244 | €92,920 | €96,630 | €102,109 | ▲ 5.7% |
| Contributions10/11 | €18,700 | €18,700 | €18,700 | €18,700 | €18,700 | = |
| Reserves13 | €56,520 | €63,405 | €79,082 | €82,791 | €88,271 | ▲ 6.6% |
| Non-distributable reserves130/1 | €1,870 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,870 | - | - | - | - | - |
| Distributable reserves133 | €54,650 | €63,405 | €79,082 | €82,791 | €88,271 | ▲ 6.6% |
| Profit (loss) carried forward14 | -€4,862 | -€4,862 | -€4,862 | -€4,862 | -€4,862 | = |
| Amounts payable17/49 | €17,039 | €13,772 | €14,502 | €4,048 | €7,540 | ▲ 86.3% |
| Amounts payable within one year42/48 | €16,039 | €12,639 | €13,404 | €3,598 | €5,601 | ▲ 55.7% |
| Trade debts44 | €12,307 | €9,055 | €5,734 | €1,151 | €2,303 | ▲ 100% |
| Suppliers440/4 | €12,307 | €9,055 | €5,734 | €1,151 | €2,303 | ▲ 100% |
| Taxes, remuneration and social security45 | €3,733 | €3,584 | €7,323 | €2,198 | €2,392 | ▲ 8.8% |
| Taxes450/3 | €3,733 | €3,584 | €7,323 | €2,198 | €2,392 | ▲ 8.8% |
| Other amounts payable47/48 | - | - | €347 | €249 | €907 | ▲ 264% |
| Accrued charges and deferred income492/3 | €1,000 | €1,132 | €1,098 | €450 | €1,939 | ▲ 331% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,600 | €7,686 | €16,476 | €3,710 | €5,479 | ▲ 47.7% |
| + Depreciation and write-downs630 | €2,723 | €6,957 | €7,986 | €13,940 | €15,853 | ▲ 13.7% |
| Operating cash flow (approximation) | €10,323 | €14,642 | €24,463 | €17,650 | €21,333 | ▲ 20.9% |
| Investment in fixed assets (approximation) | - | -€2,948 | -€34,572 | -€2,479 | -€13,918 | ▼ 461% |
| Change in cash | - | €7,116 | -€13,599 | €11,831 | €9,955 | ▼ 15.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Equity above €100,000Eq €102,109 ▲5.7%
7 profitable years in a row build equity to €102,109.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 16.09
Current ratio from 3.97 to 16.09; short-term debt falls from €13,404 to €3,598.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €16,476 ▲114%
Operating result €23,926, net result €16,476, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3,892
Net result €3,892 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
Directors
3 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, Gent · 1 establishment unit since 2004
Ground area
1,279 m²
Building footprint
597 m²
Volume, LiDAR
2,860 m³
Parcel 44807G0614/00Z000, Flanders · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE VEIRMAN CONSTRUCTIES
since 20042.146.122.228
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0614/00Z000 | Flanders | 1,279 m² | 1 · 597 m² | 5.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870315573
Also
9925:BE0870315573
Registered
19-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.