HANDELSONDERNEMING VERDONCK
ActiveSummary
HANDELSONDERNEMING VERDONCK has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €15k. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72=
Solvency38▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.14 in 2024; short-term debt: 87.3% and cash: 8.3% of total assets), and 87.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
12.7%
Return on assets
2.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €81k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
68 d early
2022
31 d early
2021
30 d late
2020
31 d early
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 8.3%
2024 · €74k
2018: €121k
2019: €120k
2020: €124k
2021: €114k
2022: €101k
2023: €67k
2024: €74k
2018 → 2025
Total assets
€633k▼ 2.5%
2024 · €650k
2018: €842k
2019: €734k
2020: €705k
2021: €721k
2022: €720k
2023: €662k
2024: €650k
2018 → 2025
Net result
€15k▼ 7.8%
2024 · €16k
2018: €2k
2019: €7k
2020: €12k
2021: €-1k
2022: €-5k
2023: €-26k
2024: €16k
2018 → 2025
Working capital
€-442k▲ 10.7%
2024 · €-495k
2018: €-611k
2019: €-594k
2020: €-532k
2021: €-572k
2022: €-575k
2023: €-552k
2024: €-495k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€101k▼ 11.5%€67k▼ 34.0%€74k▲ 11.1%€81k▲ 8.3%
Operating result€-7k-€-9k▼ 18.4%€-28k▼ 231%€12k€9k▼ 20.2%
Net result€-1k-€-5k▼ 237%€-26k▼ 433%€16k€15k▼ 7.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €633k
Fixed assets
€522k ▼ 8.2%
Current assets
€111k ▲ 38.1%
Equity and liabilities €633k
Equity
€81k ▲ 8.3%
Debt
€553k ▼ 3.9%
Debt's share of the balance-sheet total falls from 88.6% to 87.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €62k
Cash flow
€61k▼
2024 · €66k
Current ratio
0.20▲
2024 · 0.14
Debt to equity
6.87▼
2024 · 7.74
ROE
18.0%▼
2024 · 21.2%
ROA
2.3%▼
2024 · 2.4%
Interest coverage
24.04▲
2024 · 17.12
Debt ≤ 1 year
€553k▼
2024 · €575k
Income taxes
€656▲
2024 · €507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€650k€633k▼
Fixed assets21/28€569k€522k▼
Tangible fixed assets22/27€546k€499k▼
Plant, machinery and equipment23€546k€499k▼
Financial fixed assets28€23k€23k=
Current assets29/58€81k€111k▲
Amounts receivable within one year40/41€27k€56k▲
Trade receivables40€16k€46k▲
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€52k€53k▲
Deferred charges and accrued income490/1€897€3k▲
Equity and liabilities
Total equity and liabilities10/49€650k€633k▼
Equity10/15€74k€81k▲
Contributions10/11€19k€19k=
Reserves13€32k€32k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€-93k€-79k▲
Investment grants15€117k€109k▼
Amounts payable17/49€575k€553k▼
Amounts payable within one year42/48€575k€553k▼
Financial debts43€392k€381k▼
Credit institutions430/8€55k€44k▼
Other loans439€337k€337k=
Trade debts44€15k€10k▼
Suppliers440/4€15k€10k▼
Taxes, remuneration and social security45€507€656▲
Taxes450/3€507€656▲
Other amounts payable47/48€168k€162k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€47k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€67k€61k▼
Operating profit (loss)9901€12k€9k▼
Financial income75/76B€8k€8k▼
Recurring financial income75€8k€8k▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€16k€15k▼
Income taxes67/77€507€656▲
Profit (loss) for the period9904€16k€15k▼
Profit (loss) for the period to be appropriated9905€16k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-79k▲
Profit (loss) brought forward from the previous period14P€-109k€-93k▲
The notes to these accounts (11 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after 3 loss-making years.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Meerhout · 3 establishment units since 1984
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.
Dennenbos 32450 MeerhoutGround area
2.3 ha
Building footprint
1,423 m²
Volume, LiDAR
5,594 m³
4 parcels, Flanders · tallest building 19.4 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
ANNY BLATT
since 19842.024.148.587
Baron van Eetveldeplein 4, 2400 Mol
since 19842.024.148.686
Eindhoutseheide 102, 2440 Geel
since 19842.024.148.785
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373K0797/00Y000 | Flanders | 2.3 ha | 1 · 790 m² | 2.9 m |
| 13434F0655/00D000indicative | Flanders | 615 m² | 1 · 429 m² | 19.4 m · 1 fl. |
| 13462D1375/00P000 | Flanders | 142 m² | 1 · 142 m² | 9.1 m · 2 fl. |
| 11805E0518/00Z000 | Flanders | 61 m² | 1 · 61 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
3 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ABSOLUTE KJ EVENTS
BE 0550.607.533
Wavre · Eq €80,557
SPORTHORECA
BE 0822.614.438
Antwerpen · Eq €80,279
Vlugge Jongeren Baardegem
BE 0438.367.249
Aalst · Eq €80,853
DUXX
BE 0887.909.195
Wingene · Eq €79,957
WOK PLAZA
BE 0816.883.025
Genk · Eq €81,600
Of 1,352 companies in sector 56220 we hold annual accounts for 405. 315 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-1983
Fiscal year end31-12
Activities, NACEBEL 2025
56220Contract catering and other food service activities
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.