NICK VERDONCK

Active

Private limited companyfounded 20188 yrs activeRaamberg 3, 2440 Geel, BelgiumKBO/BCE: BE 0697.956.768

NICK VERDONCK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €-22k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 1511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2025

63 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability61▼-5

Solvency65▼-4

Growth52=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity tight (current ratio 1.41 against 1.46 in 2024; short-term debt: 27.9% and cash: 12% of total assets), and 59.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 77

Relative position

BE, all sectors

reference

Sector 77

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year €-22k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

31 d early

2024

14 d early

2023

33 d early

2022

31 d early

2021

30 d early

2020

29 d early

2019

28 d early

← before the deadline after the deadline →

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 months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€153k▼ 12.7%

2024 · €175k

2019: €42k 2020: €69k 2021: €105k 2022: €158k 2023: €184k 2024: €175k

2019 → 2025

Total assets

€379k▼ 4.9%

2024 · €398k

2019: €265k 2020: €335k 2021: €376k 2022: €611k 2023: €460k 2024: €398k

2019 → 2025

Net result

€-22k▼ 157%

2024 · €-9k

2019: €24k 2020: €26k 2021: €36k 2022: €53k 2023: €26k 2024: €-9k

2019 → 2025

Working capital

€44k▼ 10.2%

2024 · €49k

2019: €-65k 2020: €-48k 2021: €-30k 2022: €8k 2023: €37k 2024: €49k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€105k-€158k▲ 51.0%€184k▲ 16.3%€175k▼ 4.7%€153k▼ 12.7%

Operating result€47k-€64k▲ 34.9%€42k▼ 34.2%€-15k€-15k▼ 2.3%

Net result€36k-€53k▲ 48.2%€26k▼ 51.9%€-9k€-22k▼ 157%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €15k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €379k

60.6%

39.4%

Fixed assets €229k▼ 6.1%

Current assets €149k▼ 3.1%

Equity and liabilities €379k

40.4%

59.6%

Equity €153k▼ 12.7%

Debt €226k▲ 1.1%

The debt ratio rises from 56.0% to 59.6%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€65k▲

2024 · €65k

Cash flow

€59k▼

2024 · €71k

Solvency

40.4%▼

2024 · 44.0%

Current ratio

1.41▼

2024 · 1.46

Quick ratio

1.41▲

2024 · 1.38

Debt / equity

1.47▲

2024 · 1.27

ROE

-14.5%▼

2024 · -4.9%

ROA

-5.9%▼

2024 · -2.2%

Interest coverage

9.63▼

2024 · 11.69

Debt

€226k▲

2024 · €223k

Debt ≤ 1 year

€106k▲

2024 · €105k

Debt > 1 year

€120k▲

2024 · €118k

Income taxes

€193▲

2024 · €45

Staff costs

€42k▲

2024 · €42k

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€398k€379k▼

Fixed assets21/28€244k€229k▼

Intangible fixed assets21€24k€17k▼

Tangible fixed assets22/27€220k€212k▼

Land and buildings22€7k€12k▲

Plant, machinery and equipment23€31k€10k▼

Furniture and vehicles24€2k€1k▼

Leasing and similar rights25€180k€189k▲

Current assets29/58€154k€149k▼

Stocks and contracts in progress3€9k€0▼

Contracts in progress37€9k€0▼

Amounts receivable within one year40/41€94k€99k▲

Trade receivables40€89k€89k▼

Other amounts receivable41€5k€10k▲

Cash at bank and in hand54/58€37k€45k▲

Deferred charges and accrued income490/1€14k€5k▼

Equity and liabilities

Total equity and liabilities10/49€398k€379k▼

Equity10/15€175k€153k▼

Contributions10/11€19k€19k=

Reserves13€165k€165k=

Non-distributable reserves130/1€0-

Reserves not available under the articles1311€0-

Distributable reserves133€165k€165k=

Profit (loss) carried forward14€-9k€-31k▼

Amounts payable17/49€223k€226k▲

Amounts payable after more than one year17€118k€120k▲

Financial debts170/4€118k€120k▲

Amounts payable within one year42/48€105k€106k▲

Current portion of amounts payable after more than one year42€47k€54k▲

Financial debts43-€3k

Credit institutions430/8-€3k

Trade debts44€8k€8k▼

Suppliers440/4€8k€8k▼

Taxes, remuneration and social security45€20k€15k▼

Taxes450/3€12k€7k▼

Remuneration and social security454/9€8k€8k▼

Other amounts payable47/48€30k€26k▼

Income statement Code20242025

Non-recurring operating income76A€165€4k▲

Remuneration, social security and pensions62€42k€42k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€81k▲

Other operating charges640/8€1k€713▼

Non-recurring operating charges66A-€11k

Gross operating margin9900€108k€119k▲

Operating profit (loss)9901€-15k€-15k▼

Financial income75/76B€12k€50▼

Recurring financial income75€7€50▲

Non-recurring financial income76B€12k€0▼

Financial charges65/66B€6k€7k▲

Recurring financial charges65€6k€7k▲

Profit (loss) for the period before taxes9903€-9k€-22k▼

Income taxes67/77€45€193▲

Profit (loss) for the period9904€-9k€-22k▼

Profit (loss) for the period to be appropriated9905€-9k€-22k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-31k▼

Profit (loss) brought forward from the previous period14P-€-9k

Transfer to equity691/2€0-

To other reserves6921€0-

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-22k

Net result drops to €-22k, the lowest in the series.

17-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

28-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2019net €53k ▲48.2%

Operating result €64k, net result €53k, both a record.

31-12

Financial Equity above €150kEq €158k ▲51%

4 profitable years in a row build equity to €158k.

01-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Equity above €100kEq €105k ▲52.5%

3 profitable years in a row build equity to €105k.

02-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

03-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Geel · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Raamberg 32440 Geel

Ground area

194 m²

Building footprint

194 m²

Volume, LiDAR

1,051 m³

Parcel 13372C1865/00G000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Raamberg 3, 2440 Geel

Support activities for crop production

since 20182.276.864.073

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13372C1865/00G000	Flanders	194 m²	1 · 194 m²	8.0 m · 2 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 · 1 entry · 80 EUR awarded · 80 EUR paid

Year	Entries	awarded	paid
2022	1	80 EUR	80 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 80 EUR · 80 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Dilsen-Stokkem · Eq €155k

Of 667 companies in sector 77320 we hold annual accounts for 492. 359 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-06-2018

Fiscal year end31-12

Trade name NL Besloten vennootschap met beperkte aansprakelijkheid

Activities, NACEBEL

49410Freight transport by road

77320Rental and leasing activities

81300Landscape service activities

01610Support activities for crop production

02400Forestry and logging

77310Rental and leasing activities

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.