HERMAN VERSCHOOTEN
ActiveHERMAN VERSCHOOTEN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €-23k. Equity is shrinking by ~17.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 92% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 7.8 against 13.95 in 2024; short-term debt: 12.8% and cash: 76% of total assets), and 12.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.2%
Return on assets
-46.3%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192021222425
2019 to 2025 · latest year €-23k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-11-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
57 d late
2022
30 d late
2021
30 d late
2020
26 d late
2019
26 d late
2018
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▼ 34.7%
2024 · €68k
2019: €552k
2020: €513k
2021: €536k
2022: €465k
2024: €68k
2019 → 2025
Total assets
€51k▼ 30.5%
2024 · €73k
2019: €603k
2020: €564k
2021: €617k
2022: €549k
2024: €73k
2019 → 2025
Net result
€-23k▼ 21.7%
2024 · €-19k
2019: €-6k
2020: €-39k
2021: €23k
2022: €-71k
2024: €-19k
2019 → 2025
Working capital
€44k▼ 34.7%
2024 · €68k
2019: €486k
2020: €435k
2021: €483k
2022: €426k
2024: €68k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€513k-€536k▲ 4.4%€465k▼ 13.3%€68k▼ 85.5%€44k▼ 34.7%
Operating result€-40k-€22k€-68k€-19k▲ 71.8%€-23k▼ 21.7%
Net result€-39k-€23k€-71k€-19k▲ 73.0%€-23k▼ 21.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2025 against €19k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €51k
Equity
€44k▼ 34.7%
Debt
€6k▲ 24.3%
The debt ratio rises from 7.2% to 12.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
87.2%▼
2024 · 92.8%
Current ratio
7.80▼
2024 · 13.95
Quick ratio
6.83▼
2024 · 12.82
Debt / equity
0.15▲
2024 · 0.08
ROE
-53.2%▼
2024 · -28.5%
ROA
-46.3%▼
2024 · -26.5%
Debt
€6k▲
2024 · €5k
Debt ≤ 1 year
€6k▲
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€73k€51k▼
Current assets29/58€73k€51k▼
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€9k€6k▼
Other amounts receivable41€9k€6k▼
Cash at bank and in hand54/58€58k€38k▼
Equity and liabilities
Total equity and liabilities10/49€73k€51k▼
Equity10/15€68k€44k▼
Contributions10/11€146k€146k=
Reserves13€44k€44k=
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€-122k€-146k▼
Amounts payable17/49€5k€6k▲
Amounts payable within one year42/48€5k€6k▲
Trade debts44€27€22▼
Suppliers440/4€27€22▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€3k=
Remuneration and social security454/9-€4k
Other amounts payable47/48€2k-
Income statement
Code20242025
Other operating charges640/8€796€689▼
Gross operating margin9900€-18k€-23k▼
Operating profit (loss)9901€-19k€-23k▼
Financial income75/76B€106€1▼
Recurring financial income75€106€1▼
Financial charges65/66B€226€158▼
Recurring financial charges65€226€158▼
Profit (loss) for the period before taxes9903€-19k€-23k▼
Profit (loss) for the period9904€-19k€-23k▼
Profit (loss) for the period to be appropriated9905€-19k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-122k€-146k▼
Profit (loss) brought forward from the previous period14P€-103k€-122k▼
The notes to these accounts (6 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
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
31-03
Financial
Weakest financial yearnet €-71k ▼416%
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
02-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 1995
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.
Sleutelstraat 292000 AntwerpenGround area
274 m²
Building footprint
193 m²
Volume, LiDAR
2,042 m³
Parcel 11804D0847/00C000, Flanders · tallest building 12.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sleutelstraat 29, 2000 Antwerpen
since 19952.069.802.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0847/00C000 | Flanders | 274 m² | 1 · 193 m² | 12.3 m · 4 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.
Similar companies · same sector, comparable size
GiVE Solutions
BE 0848.301.424
Braine-l'Alleud · Eq €44k
BAELDE
BE 0439.551.441
Brugge · Eq €44k
GEEK GIRL
BE 1022.381.186
Profondeville · Eq €44k
DV Sport
BE 0695.822.669
Schelle · Eq €45k
INTER F.E.S.S.
BE 0885.656.619
Lebbeke · Eq €45k
Of 2,102 companies in sector 47640 we hold annual accounts for 906. 708 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-1994
Fiscal year end31-03
Activities, NACEBEL
47640Retail sale of games and toys
47650Retail trade
52489
47400Retail sale of information and communication equipment
47410Retail trade
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
52487
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.