JOHAN VERDONCK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.27M and a net result of €446k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 1469 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
9 d early
2023
1 d early
2022
8 d late
2021
9 d early
2020
40 d early
2019
43 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.27M▲ 54.2%
2024 · €822k
2018: €487k
2019: €570k
2020: €744k
2021: €1.17M
2022: €436k
2023: €745k
2024: €822k
2018 → 2025
Net result
€446k▲ 0.8%
2024 · €442k
2018: €357k
2019: €334k
2020: €374k
2021: €430k
2022: €362k
2023: €309k
2024: €442k
2018 → 2025
Total assets
€1.36M▲ 39.3%
2024 · €979k
2018: €659k
2019: €686k
2020: €867k
2021: €1.28M
2022: €617k
2023: €854k
2024: €979k
2018 → 2025
Solvency
92.9%▲ 9.0pp
2024 · 84.0%
2018: 73.8%
2019: 83.1%
2020: 85.8%
2021: 91.8%
2022: 70.7%
2023: 87.3%
2024: 84.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.17M-€436k▼ 62.9%€745k▲ 70.9%€822k▲ 10.3%€1.27M▲ 54.2%
Operating result€580k-€511k▼ 11.8%€455k▼ 11.0%€648k▲ 42.5%€650k▲ 0.3%
Net result€430k-€362k▼ 15.9%€309k▼ 14.5%€442k▲ 43.0%€446k▲ 0.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€679k▲ 1.6%
Current assets
€686k▲ 121%
Equity and liabilities €1.36M
Equity
€1.27M▲ 54.2%
Debt
€96k▼ 38.6%
The debt ratio falls from 16.0% to 7.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
92.9%▲
2024 · 84.0%
ROE
35.2%▼
2024 · 53.8%
ROA
32.7%▼
2024 · 45.1%
Debt
€96k▼
2024 · €157k
Debt ≤ 1 year
€96k▼
2024 · €155k
Income taxes
€210k▼
2024 · €214k
Staff costs
€475k▲
2024 · €384k
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€979k€1.36M▲
Fixed assets21/28€668k€679k▲
Tangible fixed assets22/27€668k€679k▲
Land and buildings22€386k€370k▼
Plant, machinery and equipment23€139k€107k▼
Furniture and vehicles24€144k€201k▲
Financial fixed assets28€77€77=
Current assets29/58€311k€686k▲
Amounts receivable within one year40/41€96k€120k▲
Trade receivables40€89k€110k▲
Other amounts receivable41€7k€10k▲
Current investments50/53€175k€250k▲
Cash at bank and in hand54/58€27k€304k▲
Deferred charges and accrued income490/1€13k€11k▼
Equity and liabilities
Total equity and liabilities10/49€979k€1.36M▲
Equity10/15€822k€1.27M▲
Contributions10/11€62k€62k=
Reserves13€760k€1.21M▲
Distributable reserves133€760k€1.21M▲
Amounts payable17/49€157k€96k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€155k€96k▼
Current portion of amounts payable after more than one year42€6k€2k▼
Trade debts44€6k€27k▲
Suppliers440/4€6k€27k▲
Taxes, remuneration and social security45€139k€68k▼
Taxes450/3€97k€23k▼
Remuneration and social security454/9€43k€44k▲
Other amounts payable47/48€4k€408▼
Income statement
Code20242025
Remuneration, social security and pensions62€384k€475k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€105k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€1.13M€1.24M▲
Operating profit (loss)9901€648k€650k▲
Financial income75/76B€8k€6k▼
Recurring financial income75€8k€6k▼
Financial charges65/66B€182€181▼
Recurring financial charges65€182€181▼
Profit (loss) for the period before taxes9903€656k€656k▼
Income taxes67/77€214k€210k▼
Profit (loss) for the period9904€442k€446k▲
Profit (loss) for the period to be appropriated9905€442k€446k▲
Appropriation of the result
Profit (loss) to be appropriated9906€806k€446k▼
Profit (loss) brought forward from the previous period14P€364k-
Transfer to equity691/2€441k€446k▲
To other reserves6921€441k€446k▲
Profit to be distributed694/7€365k-
Return on contributions (dividend)694€365k-
Social balance
Average headcount (FTE)90875.75.8▲
The notes to these accounts (10 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €446k ▲0.8%
Operating result €650k, net result €446k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 7.11
Current ratio from 2.00 to 7.11; short-term debt falls from €155k to €96k.
31-12
Financial
Equity above €1MEq €1.27M ▲54.2%
8 profitable years in a row build equity to €1.27M.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €309k ▼14.5%
Net result drops to €309k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 5.10
Current ratio from 1.34 to 5.10; short-term debt falls from €163k to €100k.
31-12
Financial
Equity above €500kEq €745k ▲70.9%
6 profitable years in a row build equity to €745k.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 9.15
Current ratio from 4.08 to 9.15; short-term debt falls from €103k to €97k.
31-12
Financial
Equity above €1MEq €1.17M ▲57.8%
4 profitable years in a row build equity to €1.17M.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €570k ▲17.2%
2 profitable years in a row build equity to €570k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wetteren · 1 establishment unit since 1998
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.
Molenstraat 199230 WetterenGround area
299 m²
Building footprint
299 m²
Volume, LiDAR
2,826 m³
Parcel 42302E0619/00F000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Molenstraat 19, 9230 Wetteren
since 19982.086.937.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0619/00F000 | Flanders | 299 m² | 1 · 299 m² | 14.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 6,068 EUR awarded · 6,068 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,596 EUR | 2,596 EUR |
| 2024 | 2 | 2,580 EUR | 2,580 EUR |
| 2023 | 1 | 743 EUR | 743 EUR |
| 2022 | 1 | 149 EUR | 149 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,681 companies in sector 66191 we hold annual accounts for 1,229. 807 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-1998
Fiscal year end31-12
Activities, NACEBEL
66191Agents and brokers in banking services
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.