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EVERECITY

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 2014active for 11 yearsA. Vermeylenlaan 58/1, 1140 EvereKBO/BCE: BE 0507.812.519 #1 company by total assets in Evere, Real estate sector

Lifetime

11 annual accounts with figures on one time axis
peak €17.8m (2025)
€17.8m▲ 17.7%
lowest -€500,511 (2015)
€71,070▲ €182,436
peak €75.1m (2025)
€75.1m▲ 21.5%
€161.3m▲ 6.2%
peak 85.2 FTE (2024)
83 FTE▼ 2.6%
Board32 names since 2019all names
15 directorsVERVOORT Mathieu and 14 others
Documentsfilings and deeds
01-07-202630 days before the deadline
2025financial year
Turnover from €15.1m to €17.8mBack to profit: €71,07012 directors appointed 16-09Resignations & appointments 01-08Equity from €61.8m to €75.1mInvestments €27.2m

Key points

from the 2025 annual accounts

Overdue debts

€1.7m on 31-12-2025

The annual accounts state €1.7m of overdue tax debts on 31-12-2025.

Result

€71,070 €71,070
-€111,0002024€71,1002025

Back in profit in 2025, after a loss of €111,366 in 2024.

Growth

10 years
20182019202020212022202320242025

10 years of growth in a row. Turnover 2025: €17.8m.

Investments

€27.2m 5.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 56.5% higher than in 2024.

Payment terms

422 days to suppliers
Suppliers
582 to 422
Customers
14 to 17

EVERECITY pays its suppliers 160 days earlier than in 2024. Customers pay 3 days later.

Position in the sector

€75.1m

More equity than 95% of companies in real estate. Sector median €942,893 · 5,811 companies.

Checked score

87
Excellent
Financially stronger than 70% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 1,720 companies (NACE 68, medium-sized).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Average

56+3equity 30.9% of total assets
53+1short-term debt 10.4% · cash 2.4%
60-7return on assets 0.0%

Score breakdown

raises risk
Liquidity: current ratio 0.51, cash €5.7m
Profit of €71,070 (financial year 2025)
Legal form: coöperatieve vennootschap met beperkte aansprakelijkheid
lowers risk
Figures for financial year 2025 (filed on 01-07-2026)
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 68, medium-sized). It does better than 54% of them on solvency, 76% on liquidity, 68% on profitability and 82% on growth.

The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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, 544 companies had the same profile as EVERECITY has now. Each dot stands for 2 companies, two years later.

93.6%
were still trading
5.9%
stopped another way
0.2%
went bankrupt
  • Medium-sized
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.4% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of EVERECITY itself: 0.3% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 544 companies, not a prediction for EVERECITY. 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

Credit of up to €1,750,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.51 (0.44 in 2024), below 1. Short-term debt is 10.4% and cash 2.4% of total assets. 69.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.51, cash €5.7m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 01-07-2026)
NBB · annual accounts
raises risk · Profit of €71,070 (financial year 2025)
NBB · annual accounts
raises risk · Legal form: coöperatieve vennootschap met beperkte aansprakelijkheid
KBO
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
28 days early
2023
15 days early
2022
42 days early
2021
47 days early
2020
94 days late
2019
60 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 1 day before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 1 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JB
Director, since 04-10-2021
EM
EL MOUSSAOUI Soufian
Director, since 31-05-2023
ID
Director, since 31-05-2023
OB
Director, since 31-05-2023
and 10 others
  • Brussels Hoofdstedelijk Gewest 2,209 sharesdeed of 28-07-2023
  • Gemeente Evere 16,418 sharesdeed of 28-07-2023
  • OCMW van Evere 93 sharesdeed of 28-07-2023
Board & ownership

Recent changes

Reappointment: GROUPE AUDIT BELGIUM (statutory auditor) General meeting of 29-05-2024 · Gazette deed
5 directors appointed Mathieu Vervoort (président du comité de gestion), Brigitte Verlinde (vice président du comité de gestion), Muleo Mwana (member of the management committee), Sufian El Messaoui (member of the management committee) and Pascale Roelants (director general) · Board meeting of 16-06-2026 · Gazette deed
Change of role: Jeremy Erkan, from observer to observateur représentant la commune d'evere General meeting of 27-05-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0507812519
All 33 events

Comparable companies

same main activity, similar in size and age
Company
EVERECITY Evere €17.8m 5.5% 30.9% 83
Woonmaatschappij Vlaamse Ardennen Oudenaarde €18.3m 20.1% 16.2% 37.7
DE VOORKEMPEN - H.E. Brecht €19.6m 4.1% 12.1% 58.5
NOTRE MAISON Charleroi €13.1m 10.2% 48.0% 51.7
LOJEGA Ganshoren €18.9m -3.4% 38.5% 116.4
LE LOGIS - FLOREAL Watermael-Boitsfort €12.7m -7.2% 54.6% 89.4
Le Logement Molenbeekois Molenbeek-Saint-Jean €27.0m -0.8% 28.2% 105.2
-10%0%10%20%€20m€200m€2bnEVERECITYEBIT margin

Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as EVERECITY: real estate activities (NACE 68202). They are comparable in size and age: total assets between €109m and €352m, founded between 1968 and 1999.

Official details

Source: KBO
Status
Active since 30-12-2014Normal situation
Activity
Real estate activitiesNACE 68202
Establishment units
2.238.158.9941140 Evere, since 01-01-2015
2.238.159.1921140 Evere, since 01-01-2015
Financial year end
31 December
Peppol
Reachable since 16-01-2026
Company details

Annual accounts 2025

€242.9m▲ 10.9%
Employeeson 31-12-2025
91▲ 1.1%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on EVERECITY

EVERECITY has existed since 2014. Turnover grew from €9.5m in 2015 to €17.8m in 2025 and staff from 63.7 to 83 full-time equivalents.

Turnover has grown every year since 2015.

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 EVERECITY

What is the company number of EVERECITY?
The company number of EVERECITY is 0507.812.519. The VAT number is the same number with BE in front: BE 0507.812.519.
Where is EVERECITY based?
The registered office is at A. Vermeylenlaan 58/1, 1140 Evere.Company details
What does EVERECITY do?
According to the KBO register, the main activity is real estate activities (NACE 68202).
What is the legal form of EVERECITY?
Legal form of EVERECITY: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was EVERECITY founded?
EVERECITY was founded on 30-12-2014.
Is EVERECITY still active?
Yes, EVERECITY is an active enterprise in the KBO register.
How many employees does EVERECITY have?
EVERECITY had an average of 83 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of EVERECITY?
The turnover of EVERECITY was €17.8m in financial year 2025, according to the filed annual accounts.
Is EVERECITY profitable?
In financial year 2025, EVERECITY made a profit of €71,070.
Where can I find the annual accounts of EVERECITY?
EVERECITY filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EVERECITY due?
EVERECITY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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