ERIC VEREECKE
ActiveERIC VEREECKE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €428k and a net result of €9k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 542 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+1
Solvency68▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.33 against 0.35 in 2024; short-term debt: 23% and cash: 1.8% of total assets), and 57.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
42.6%
Return on assets
0.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
8 d early
2022
31 d early
2021
26 d early
2020
24 d late
2019
3 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€428k▲ 2.2%
2024 · €419k
2018: €69k
2019: €92k
2020: €110k
2021: €127k
2022: €184k
2023: €420k
2024: €419k
2018 → 2025
Total assets
€1.00M▼ 1.0%
2024 · €1.01M
2018: €687k
2019: €821k
2020: €729k
2021: €687k
2022: €683k
2023: €986k
2024: €1.01M
2018 → 2025
Net result
€9k
2024 · €-1k
2018: €12k
2019: €22k
2020: €19k
2021: €16k
2022: €57k
2023: €236k
2024: €-1k
2018 → 2025
Working capital
€-156k▼ 6.9%
2024 · €-146k
2018: €-122k
2019: €-153k
2020: €-135k
2021: €-145k
2022: €-86k
2023: €-144k
2024: €-146k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€127k-€184k▲ 44.9%€420k▲ 129%€419k▼ 0.2%€428k▲ 2.2%
Operating result€29k-€85k▲ 198%€330k▲ 287%€16k▼ 95.1%€34k▲ 113%
Net result€16k-€57k▲ 249%€236k▲ 316%€-1k€9k
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 113% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.00M
Fixed assets
€929k▼ 0.6%
Current assets
€76k▼ 5.1%
Equity and liabilities €1.00M
Equity
€428k▲ 2.2%
Provisions
€63k▼ 3.9%
Debt
€513k▼ 3.1%
The debt ratio falls from 52.2% to 51.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▲
2024 · €62k
Cash flow
€57k▲
2024 · €45k
Solvency
42.6%▲
2024 · 41.3%
Current ratio
0.33▼
2024 · 0.35
Quick ratio
0.11▼
2024 · 0.14
Debt / equity
1.20▼
2024 · 1.26
ROE
2.2%▲
2024 · -0.2%
ROA
0.9%▲
2024 · -0.1%
Interest coverage
3.66▲
2024 · 3.64
Debt
€513k▼
2024 · €529k
Debt ≤ 1 year
€231k▲
2024 · €225k
Debt > 1 year
€270k▼
2024 · €295k
Income taxes
€6k▲
2024 · €3k
Staff costs
€30k▲
2024 · €28k
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€1.01M€1.00M▼
Fixed assets21/28€934k€929k▼
Tangible fixed assets22/27€934k€929k▼
Land and buildings22€909k€874k▼
Plant, machinery and equipment23€22k€26k▲
Furniture and vehicles24€3k€3k▲
Leasing and similar rights25-€25k
Current assets29/58€80k€76k▼
Stocks and contracts in progress3€49k€50k▲
Stocks30/36€49k€50k▲
Amounts receivable within one year40/41€16k€7k▼
Trade receivables40€15k€6k▼
Other amounts receivable41€703€1k▲
Cash at bank and in hand54/58€9k€18k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.00M▼
Equity10/15€419k€428k▲
Contributions10/11€19k€19k=
Reserves13€400k€410k▲
Tax-exempt reserves132€198k€190k▼
Distributable reserves133€203k€219k▲
Provisions and deferred taxes16€66k€63k▼
Deferred taxes168€66k€63k▼
Amounts payable17/49€529k€513k▼
Amounts payable after more than one year17€295k€270k▼
Financial debts170/4€295k€270k▼
Amounts payable within one year42/48€225k€231k▲
Current portion of amounts payable after more than one year42€46k€51k▲
Trade debts44€24k€7k▼
Suppliers440/4€24k€7k▼
Taxes, remuneration and social security45€6k€12k▲
Taxes450/3€5k€9k▲
Remuneration and social security454/9€880€3k▲
Other amounts payable47/48€150k€162k▲
Accrued charges and deferred income492/3€9k€11k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€28k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€48k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€97k€117k▲
Operating profit (loss)9901€16k€34k▲
Financial income75/76B€460€683▲
Recurring financial income75€460€683▲
Financial charges65/66B€17k€22k▲
Recurring financial charges65€17k€22k▲
Profit (loss) for the period before taxes9903€-581€13k▲
Transfer from deferred taxes780€3k€3k=
Transfer to deferred taxes680€0-
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€-1k€9k▲
Transfer from tax-exempt reserves789€8k€8k=
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€7k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€17k▲
Transfer to equity691/2€7k€17k▲
To other reserves6921€7k€17k▲
The notes to these accounts (12 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-1k ▼100%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €236k ▲316%
Operating result €330k, net result €236k, both a record.
31-12
Financial
Equity above €200kEq €420k ▲129%
6 profitable years in a row build equity to €420k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €184k ▲44.9%
5 profitable years in a row build equity to €184k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Equity above €100kEq €110k ▲20.6%
3 profitable years in a row build equity to €110k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
07-07
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.
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, Assenede · 2 establishment units since 2007
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.
Stoepestraat 7M9960 AssenedeGround area
9,686 m²
Building footprint
741 m²
Volume, LiDAR
4,163 m³
3 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ERIC VEREECKE
since 20072.164.624.977
Ketterijstraat(WAT) 41, 9988 Sint-Laureins
since 20242.356.708.535
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43017B1087/00H000 | Flanders | 6,931 m² | 1 · 240 m² | 10.6 m · 2 fl. |
| 43002D1271/00N000 | Flanders | 2,000 m² | 1 · 228 m² | 6.1 m · 1 fl. |
| 43002D1269/00E000 | Flanders | 755 m² | 1 · 273 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TVW WOODWORKS
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COORDINATION ET REALISATION
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MSP Bois Engineering
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Of 1,599 companies in sector 16230 we hold annual accounts for 783. 567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2007
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
20300
43320Joinery installation
20301
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36100
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.