Equity
NLSVRM has made a profit in every financial year since 2015.
NLSVRM has made a profit in every financial year since 2015.
Nine of the last ten came late. The 2019 accounts came latest: 389 days after the end of the period.
Higher solvency than 86% of companies in computing infrastructure and information services. Sector median 55.3% · 2,302 companies.
In July 2024, 34,693 companies had the same profile as NLSVRM has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for NLSVRM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| NLSVRM Knokke-Heist | €191,742 | €35,283 | 88.8% | - |
| CLUB SOCIAL Kortrijk | €192,834 | €39,205 | 46.7% | - |
| DLP Zutendaal | €204,198 | €39,839 | 87.8% | 0 |
| I4X Herk-de-Stad | €161,915 | €33,851 | 63.8% | - |
| INTOMOTIVE Hoogstraten | €151,594 | €40,843 | 89.6% | - |
| Dewit Finance Hove | €243,350 | €42,654 | 13.0% | - |
| AP Networks Antwerp | €196,334 | €41,865 | 46.3% | - |
These companies have the same main activity as NLSVRM: other information service activities (NACE 63920). They are comparable in size and age: total assets between €152,000 and €243,000, founded between 2012 and 2016.
NLSVRM files the micro format. That format states no turnover. The gross margin fell from €42,384 in 2015 to €35,283 in 2025.
The balance sheet grew most from 2016 to 2017 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €85,000 and €260,000.
Higher than 87% of 2,302 companies in 2025.
Higher than 75% of 2,199 companies in 2025.
Higher than 33% of 2,233 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
191,742 | 178,675 | 201,607 | 157,748 | 281,460 | 286,505 | 361,986 | 405,732 | 434,297 | 240,624 | 222,920 | |
21/28 |
96,491 | 103,736 | 116,052 | 51,000 | 220,231 | 238,169 | 256,743 | 373,628 | 394,636 | 200,217 | 194,958 | |
22/27 |
96,491 | 103,236 | 115,552 | 50,500 | 219,731 | 237,669 | 256,243 | 373,128 | 394,136 | 199,717 | 194,458 | |
22 |
65,923 | 73,171 | 80,419 | 43,081 | 209,015 | 223,276 | 237,537 | 360,808 | 372,349 | 172,714 | 158,697 | |
23 |
- | - | - | - | - | 380 | 1,136 | 752 | - | - | - | |
24 |
27,749 | 26,129 | 30,080 | 7,420 | 10,716 | 14,013 | 17,570 | 11,567 | 21,787 | 27,003 | 35,761 | |
26 |
2,819 | 3,936 | 5,053 | - | - | - | - | - | - | - | - | |
28 |
- | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |
29/58 |
95,251 | 74,938 | 85,554 | 106,748 | 61,228 | 48,336 | 105,244 | 32,104 | 39,661 | 40,407 | 27,962 | |
3 |
2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | |
30/36 |
2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | |
40/41 |
70,754 | 67,373 | 59,138 | 55,794 | 53,691 | 44,256 | 84,531 | 19,403 | 23,628 | 11,423 | 14,371 | |
40 |
31,302 | 30,830 | 33,583 | 33,040 | 27,668 | 35,583 | 84,531 | 15,243 | 19,421 | 11,282 | 14,371 | |
41 |
39,451 | 36,543 | 25,555 | 22,754 | 26,023 | 8,673 | - | 4,161 | 4,207 | 141 | - | |
54/58 |
21,609 | 4,412 | 23,042 | 48,066 | 5,338 | 974 | 18,446 | 10,485 | 10,793 | 26,834 | 11,189 | |
490/1 |
738 | 1,004 | 1,224 | 738 | 50 | 956 | 116 | 66 | 3,090 | - | 253 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
191,742 | 178,675 | 201,607 | 157,748 | 281,460 | 286,505 | 361,986 | 405,732 | 434,297 | 240,624 | 222,920 | |
10/15 |
170,195 | 161,625 | 140,203 | 109,905 | 61,736 | 60,834 | 58,765 | 52,985 | 43,384 | 25,711 | 6,987 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 6,200 | - | - | - | - | - | |
13 |
163,995 | 155,425 | 134,003 | 103,705 | 55,536 | 54,634 | 52,565 | 46,785 | 37,184 | 19,511 | 787 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 787 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
133 |
162,135 | 153,565 | 132,143 | 101,845 | 53,676 | 52,774 | 50,705 | 44,925 | 35,324 | 17,651 | - | |
17/49 |
21,547 | 17,050 | 61,404 | 47,843 | 219,724 | 225,671 | 303,221 | 352,747 | 390,913 | 214,913 | 215,932 | |
17 |
- | - | - | - | 186,203 | 201,267 | 210,221 | 317,613 | 343,087 | 176,399 | 192,084 | |
170/4 |
- | - | - | - | 186,203 | 201,267 | 210,221 | 317,613 | 343,087 | 176,399 | 192,084 | |
42/48 |
20,647 | 17,050 | 61,404 | 47,093 | 33,520 | 24,405 | 93,000 | 34,020 | 47,826 | 38,304 | 23,783 | |
42 |
- | - | - | - | 12,098 | 8,955 | 15,553 | 25,642 | 36,020 | 15,685 | 14,816 | |
44 |
156 | 2,564 | 4,497 | 1,737 | 5,109 | 8,195 | 61,895 | 608 | 4,261 | 31 | 2,471 | |
440/4 |
156 | 2,564 | 4,497 | 1,737 | 5,109 | 8,195 | 61,895 | 608 | 4,261 | 31 | 2,471 | |
45 |
20,491 | 14,486 | 56,907 | 45,356 | 16,313 | 7,256 | 10,646 | 7,771 | 7,545 | 19,149 | 6,271 | |
450/3 |
20,491 | 14,486 | 55,698 | 44,148 | 14,443 | 2,889 | 9,700 | 7,771 | 7,545 | 19,149 | 6,271 | |
454/9 |
- | - | 1,209 | 1,209 | 1,870 | 4,367 | 946 | - | - | - | - | |
47/48 |
- | - | - | - | - | - | 4,907 | - | - | 3,439 | 225 | |
492/3 |
900 | - | - | 750 | - | - | - | 1,114 | - | 210 | 65 | |
| Income statement | ||||||||||||
76A |
- | 21,839 | - | 101,629 | - | - | - | - | - | - | - | |
9900 |
35,283 | 58,268 | 73,430 | 148,691 | 22,996 | 29,218 | 37,068 | 52,167 | 60,956 | 53,829 | 42,384 | |
62 |
- | - | - | - | 77 | 4,364 | 2,129 | - | - | - | - | |
630 |
13,229 | 10,636 | 11,454 | 6,335 | 17,938 | 18,574 | 20,345 | 25,007 | 31,095 | 18,315 | 15,651 | |
640/8 |
2,602 | 4,020 | 1,115 | 8,515 | 474 | 129 | 793 | 3,843 | 1,733 | 637 | 215 | |
66A |
- | - | - | - | - | - | - | 2,861 | - | - | 19,551 | |
9901 |
19,452 | 43,611 | 60,861 | 133,841 | 4,508 | 6,152 | 13,802 | 20,456 | 28,128 | 34,877 | 26,518 | |
75/76B |
20 | 1 | 42 | 126 | 81 | 3 | 0 | 1 | 57 | 36 | 5 | |
75 |
20 | 1 | 42 | 126 | 81 | 3 | 0 | 1 | 57 | 36 | 5 | |
65/66B |
2,905 | 3,651 | 3,211 | 10,634 | 3,596 | 3,879 | 7,155 | 6,102 | 5,523 | 3,898 | 3,727 | |
65 |
2,905 | 3,651 | 3,211 | 10,634 | 3,596 | 3,879 | 7,155 | 6,102 | 5,523 | 3,898 | 3,727 | |
9903 |
16,567 | 39,961 | 57,692 | 123,334 | 992 | 2,276 | 6,647 | 14,355 | 22,661 | 31,015 | 3,246 | |
67/77 |
5,928 | 12,759 | 17,793 | 34,840 | 90 | 207 | 867 | 4,754 | 4,988 | 12,291 | 2,458 | |
9904 |
10,639 | 27,202 | 39,899 | 88,493 | 902 | 2,069 | 5,780 | 9,601 | 17,673 | 18,724 | 787 | |
9905 |
10,639 | 27,202 | 39,899 | 88,493 | 902 | 2,069 | 5,780 | 9,601 | 17,673 | 18,724 | 787 | |
| Appropriation of the result | ||||||||||||
9906 |
10,639 | 27,202 | 39,899 | 88,493 | 902 | 2,069 | 5,780 | 9,601 | 17,673 | 18,724 | 787 | |
791/2 |
2,069 | 5,780 | 9,601 | 35,324 | - | - | - | - | - | - | - | |
691/2 |
10,639 | 27,202 | 39,899 | 83,493 | 902 | 2,069 | 5,780 | 9,601 | 17,673 | 18,724 | 787 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,073 | 787 | |
6921 |
10,639 | 27,202 | 39,899 | 83,493 | 902 | 2,069 | 5,780 | 9,601 | 17,673 | 17,651 | - | |
694/7 |
2,069 | 5,780 | 9,601 | 40,324 | - | - | - | - | - | - | - | |
694 |
2,069 | 5,780 | 9,601 | 35,324 | - | - | - | - | - | - | - | |
695 |
- | - | - | 5,000 | - | - | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456482.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00456482 | |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00391216 | |
| 31-12-2023 | micro format | 24-07-2024 | 2024-00276750 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00377339 | |
| 31-12-2021 | micro format | 11-10-2022 | 2022-20456624 | |
| 31-12-2020 | micro format | 12-01-2022 | 2022-00800161 | |
| 31-12-2019 | micro format | 24-08-2021 | 2021-55100545 | |
| 31-12-2018 | micro format | 01-08-2019 | 2019-41700381 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-54700417 | |
| 31-12-2016 | abbreviated format | 25-08-2017 | 2017-47000388 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55200467 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32,680 | 54,247 | 72,315 | 140,176 | 22,446 | 24,725 | 34,146 | 45,463 | 59,223 | 53,192 | 42,169 | ||
| 23,868 | 37,838 | 51,353 | 94,828 | 18,840 | 20,642 | 26,125 | 34,608 | 48,768 | 37,038 | 16,438 | ||
| 6,483 | 25,000 | 76,506 | -162,896 | -0 | 0 | 66,370 | 22,245 | 225,514 | 23,573 | 210,609 | ||
| 17,198 | -18,631 | -25,024 | 42,729 | 4,364 | -17,472 | 7,961 | -308 | -16,041 | 15,646 | - | ||
| 74,604 | 57,889 | 24,151 | 59,655 | 27,708 | 23,931 | 12,243 | -1,916 | -8,165 | 2,103 | 4,179 | ||
| 88.8% | 90.5% | 69.5% | 69.7% | 21.9% | 21.2% | 16.2% | 13.1% | 10.0% | 10.7% | 3.1% | ||
| 4.61 | 4.40 | 1.39 | 2.27 | 1.83 | 1.98 | 1.13 | 0.94 | 0.83 | 1.05 | 1.18 | ||
| 4.51 | 4.27 | 1.36 | 2.22 | 1.76 | 1.89 | 1.11 | 0.88 | 0.78 | 1.00 | 1.09 | ||
| 0.13 | 0.11 | 0.44 | 0.44 | 3.56 | 3.71 | 5.16 | 6.66 | 9.01 | 8.36 | 30.90 | ||
| 6.3% | 16.8% | 28.5% | 80.5% | 1.5% | 3.4% | 9.8% | 18.1% | 40.7% | 72.8% | 11.3% | ||
| 5.5% | 15.2% | 19.8% | 56.1% | 0.3% | 0.7% | 1.6% | 2.4% | 4.1% | 7.8% | 0.4% | ||
| 11.25 | 14.86 | 22.52 | 13.18 | 6.24 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,483 | €25,000 | €76,506 | - | - |
| €13,229 | €10,636 | €11,454 | €6,335 | €17,938 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 55% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
Debt's share of the balance-sheet total rises from 9.5% to 11.2%. Equity and debt are higher.
NLSVRM has no parent and no holdings in its annual accounts. is the only director. NLSVRM shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Elizabetlaan 127A registered office 8300 Knokke-Heist | ||
| Verdo Technics Boxtelstraat 1A, 2320 Hoogstraten | 13-02-2015 | 2.239.355.460 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31013A0618/00A000 | 1,067 m² | 1 · 978 m² | 31.8 m · 6 |
| 13014E0028/00C000 | 517 m² | 1 · 102 m² | 2.9 m |
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