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GROEP VERVAEKE

Active Private limited companyfounded 2018active for 8 yearsMeulebekestraat 105B, 8740 PittemKBO/BCE: BE 0700.291.993 #2 company by equity in Pittem

Lifetime

7 annual accounts with figures on one time axis
peak €40.1m (2025)
€40.1m▲ 11.2%
peak €4.0m (2025)
€4.0m▲ 8.1%
peak €39.9m (2025)
€39.9m▲ 11.3%
€267,331▲ 3.5%
peak 3.5 FTE (2025)
3.5 FTE▲ 6.1%
Board3 names since 2018
2 directorsVERVAEKE Dries and 1 other
Documentsfilings and deeds
28-05-20263 days before the deadline
2025financial year
Cash from €3.6m to €2.3m

Key points

from the 2025 annual accounts

Equity

€39.9m ▲ 11.3%

GROEP VERVAEKE has made a profit in every financial year since 2019.

Staff

4 employees on 31-10-2025
012021112022112023202024112025

In 2025, 1 person joined and 1 left.

Payment terms

32 days to suppliers
Suppliers
43 to 32
Customers
168 to 231

GROEP VERVAEKE pays its suppliers 11 days earlier than in 2024. Customers pay 63 days later.

Liquidity

33.68 was 18.10 in 2024

Short-term debts rose from €257,811 to €259,205.

Filings

7 annual accounts since 2019
deadline202020222024

The last five annual accounts were filed 3 to 44 days before the end of the period.

Position in the sector

99.3%

Higher solvency than 95% of companies in office administrative support. Sector median 45.4% · 1,168 companies.

Checked score

95
Excellent
Financially stronger than 63% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

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

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

Financial strength
Strong

100=equity 99.3% of total assets
57-6short-term debt 0.6% · cash 5.8%
88=return on assets 10.1%

Score breakdown

raises risk
Liquidity: current ratio 33.68, cash €2.3m
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Equity €39.9m (99.3% of total assets)
Figures for financial year 2025 (filed on 30-05-2026)
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 82, micro). It does better than 88% of them on solvency, 51% on liquidity, 62% on profitability and 52% 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 31-10-2025.

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).

Credit verdict

Credit of up to €75,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 33.68 (18.1 in 2024), above the usual 1.5. Short-term debt is 0.6% and cash 5.8% of total assets. 0.7% 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
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Equity €39.9m (99.3% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-05-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 33.68, cash €2.3m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 28-05-2026, 3 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
3 days early
2024
3 days early
2023
44 days early
2022
14 days early
2021
21 days early
2020
62 days early
2019
66 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 30 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-10-2026 is due by 31-05-2027. Nothing is late today. The company usually files around 17 May (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
31-10-2026 year end09-11-2026 today31-05-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VD
Director, since 11-09-2023
VS
Director, since 11-09-2023
AB
Auditor, Bert De Clercq
  • VERVAEKE Dries all the sharesdeed of 14-09-2023

Shares in 5 companies, including AARDAPPELHANDEL VERVAEKE and AGRI VERVAEKE

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0700291993
2 directors appointed, 2 resignations Resignations: VERVAEKE Dries and VERVAEKE Stiphen · Appointments: VERVAEKE Dries (director) and VERVAEKE Stiphen (director) · VERVAEKE Dries holds all the shares · General meeting of 11-09-2023 · Gazette deed
Permanent representative: Bert De Clercq Appointment: BV J.Vande Moortel & C° Bedrijfsrevisoren (statutory auditor) · General meeting of 19-05-2022 · Gazette deed
Appointment: Stiphen Vervaeke (additional director) General meeting of 17-05-2021 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
GROEP VERVAEKE Pittem €0.8m - 99.3% 3.5
Multi Logistics Group Hasselt €1.4m -13.7% 63.9% 3.8
COPUS PROJECTSOURCING Antwerp €0.9m -16.8% 59.1% 1
MO-THOR Genk €0.5m - 69.2% 1.5
Orfecorp Dilsen-Stokkem €3.7m 76.0% 17.3% 6.7
FOMECO GROUP Zwevegem €0.8m 48.9% 73.3% 2
WAREGEM BUSINESS PARK Waregem €1.4m 30.8% 3.2% 1.3

These companies have the same main activity as GROEP VERVAEKE: other business support services (NACE 82990). They are comparable in size and age: total assets between €11m and €35m, founded between 2008 and 2022.

Official details

Source: KBO
Status
Active since 20-07-2018Normal situation
Activity
Other business support servicesNACE 82990and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-10-2025
Establishment unit
2.278.572.1648740 Pittem, since 20-07-2018
Financial year end
31 October
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 31-10-2025

€5.8m▲ 7.5%
€40.1m▲ 11.2%
Employeeson 31-10-2025
4=
Filing
Filed on 28-05-2026, 3 days before the end of the filing period
Financials

Companies linked to GROEP VERVAEKE

Insights on GROEP VERVAEKE

GROEP VERVAEKE has existed since 2018. The balance sheet total grew from €29.4m in 2019 to €40.1m in 2025 and staff from 0.5 to 3.5 full-time equivalents.

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 GROEP VERVAEKE

What is the company number of GROEP VERVAEKE?
The company number of GROEP VERVAEKE is 0700.291.993. The VAT number is the same number with BE in front: BE 0700.291.993.
Where is GROEP VERVAEKE based?
The registered office is at Meulebekestraat 105B, 8740 Pittem.Company details
What does GROEP VERVAEKE do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of GROEP VERVAEKE?
GROEP VERVAEKE is a private limited company (BV).
When was GROEP VERVAEKE founded?
GROEP VERVAEKE was founded on 20-07-2018.
Is GROEP VERVAEKE still active?
Yes, GROEP VERVAEKE is an active enterprise in the KBO register.
How many employees does GROEP VERVAEKE have?
GROEP VERVAEKE had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GROEP VERVAEKE fall under?
In its 31-10-2025 annual accounts, GROEP VERVAEKE states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of GROEP VERVAEKE?
The turnover of GROEP VERVAEKE was €762,316 in financial year 2025, according to the filed annual accounts.
Is GROEP VERVAEKE profitable?
In financial year 2025, GROEP VERVAEKE made a profit of €4.0m.
Where can I find the annual accounts of GROEP VERVAEKE?
GROEP VERVAEKE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GROEP VERVAEKE due?
GROEP VERVAEKE must file the annual accounts for financial year 2026 by 31-05-2027.Timeline

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