DR. VERMAERCKE VAATCHIRURGIE
ActiveDR. VERMAERCKE VAATCHIRURGIE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €97. Equity is shrinking by ~7.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+46
Solvency73▼-27
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.51 against 3.62 in 2024; short-term debt: 52% and cash: 16.1% of total assets), and 52% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
48%
Return on assets
0.1%
Age of the figures
9 mo
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
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 · 10 filingsDeviation from the deadline
2025
29 d early
2024
25 d early
2023
17 d early
2022
28 d early
2021
19 d early
2020
25 d early
2019
15 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€97▼ 97.6%
2024 · €4k
2018: €251
2019: €1k
2020: €7k
2021: €61k
2022: €587
2023: €23k
2024: €4k
2018 → 2025
Working capital
€-26k
2024 · €38k
2018: €72k
2019: €59k
2020: €73k
2021: €41k
2022: €12k
2023: €29k
2024: €38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€139k-€102k▼ 26.2%€114k▲ 11.5%€118k▲ 3.6%€48k▼ 59.4%
Operating result€94k-€10k▼ 89.4%€41k▲ 313%€-37k€196
Net result€61k-€587▼ 99.0%€23k▲ 3,747%€4k▼ 81.7%€97▼ 97.6%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €196 after a loss of €37k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€74k▼ 10.5%
Current assets
€27k▼ 49.2%
Equity and liabilities €100k
Equity
€48k▼ 59.4%
Debt
€52k▲ 219%
The debt ratio rises from 12.1% to 52.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €-18k
Cash flow
€9k▼
2024 · €23k
Solvency
48.0%▼
2024 · 87.9%
Current ratio
0.51▼
2024 · 3.62
Quick ratio
0.51▼
2024 · 3.62
Debt / equity
1.09▲
2024 · 0.14
ROE
0.2%▼
2024 · 3.5%
ROA
0.1%▼
2024 · 3.1%
Interest coverage
23.93▲
2024 · -16.44
Debt
€52k▲
2024 · €16k
Debt ≤ 1 year
€52k▲
2024 · €14k
Income taxes
€116▼
2024 · €5k
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€135k€100k▼
Fixed assets21/28€82k€74k▼
Tangible fixed assets22/27€82k€74k▼
Land and buildings22€63k€62k▼
Furniture and vehicles24€19k€12k▼
Current assets29/58€52k€27k▼
Amounts receivable within one year40/41€10k€8k▼
Trade receivables40€2k-
Other amounts receivable41€8k€8k▼
Current investments50/53€29k€3k▼
Cash at bank and in hand54/58€9k€16k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€135k€100k▼
Equity10/15€118k€48k▼
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€98k€28k▼
Distributable reserves133€98k€28k▼
Amounts payable17/49€16k€52k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€14k€52k▲
Current portion of amounts payable after more than one year42€14k€2k▼
Trade debts44€203€224▲
Suppliers440/4€203€224▲
Taxes, remuneration and social security45€412€5k▲
Taxes450/3€412€5k▲
Other amounts payable47/48€97€46k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€9k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-16k€10k▲
Operating profit (loss)9901€-37k€196▲
Financial income75/76B€47k€385▼
Recurring financial income75€47k€385▼
Financial charges65/66B€1k€368▼
Recurring financial charges65€1k€368▼
Profit (loss) for the period before taxes9903€9k€213▼
Income taxes67/77€5k€116▼
Profit (loss) for the period9904€4k€97▼
Profit (loss) for the period to be appropriated9905€4k€97▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€97▼
Transfer from equity791/2-€70k
Transfer to equity691/2€4k€97▼
To other reserves6921€4k€97▼
Profit to be distributed694/7-€70k
Return on contributions (dividend)694-€70k
The notes to these accounts (4 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €97 ▼97.6%
Net result drops to €97, the lowest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 3.62
Current ratio from 1.69 to 3.62; short-term debt falls from €41k to €14k.
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €61k ▲722%
Operating result €94k, net result €61k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €155k ▲5.1%
3 profitable years in a row build equity to €155k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
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
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2014
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.
Oud-Hoflaan 399150 Beveren-Kruibeke-ZwijndrechtGround area
981 m²
Building footprint
153 m²
Volume, LiDAR
776 m³
Parcel 46001B0042/00A003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dr. Vermaercke vaatchirurgie
since 20142.239.428.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46001B0042/00A003 | Flanders | 981 m² | 1 · 153 m² | 8.1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2014
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.