VEERLE
ActiveSummary
VEERLE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,814 and a net result of -€2,930. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▲+14
Solvency30=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
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
5.5%
Return on assets
-1.8%
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
19202122232425
2019 to 2025 · latest year -€2,930
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 3163 sector peers (2025).
NBB · sector comparisonPosition among 3163 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
17 d early
2023
12 d early
2022
5 d early
2021
4 d early
2020
18 d early
2019
10 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 19 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€8,814▼ 24.9%
2024 · €11,744
Total assets
€161,280▼ 29.0%
2024 · €227,027
Net result
-€2,930▲ 58.2%
2024 · -€7,009
Working capital
-€69,971▲ 2.6%
2024 · -€71,839
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,842▼ 91.1%€3,640▲ 97.7%€2,698▼ 25.9%€1,444▼ 46.5%-€2,338
Net result-€1,418within the sector's middle half€398within the sector's middle half-€1,174within the sector's middle half-€7,009within the sector's middle half▼ 497%-€2,930within the sector's middle half▲ 58.2%
Equity€19,529within the sector's middle half▼ 6.8%€19,927within the sector's middle half▲ 2.0%€18,753within the sector's middle half▼ 5.9%€11,744below the sector's middle half▼ 37.4%€8,814below the sector's middle half▼ 24.9%
Total assets€511,433within the sector's middle half▲ 103%€545,906within the sector's middle half▲ 6.7%€227,496within the sector's middle half▼ 58.3%€227,027within the sector's middle half▼ 0.2%€161,280within the sector's middle half▼ 29.0%
Debt€491,904▲ 113%€525,979▲ 6.9%€208,742▼ 60.3%€215,283▲ 3.1%€152,466▼ 29.2%
Working capital-€78,446below the sector's middle half▲ 4.2%-€73,251below the sector's middle half▲ 6.6%-€69,627below the sector's middle half▲ 4.9%-€71,839below the sector's middle half▼ 3.2%-€69,971below the sector's middle half▲ 2.6%
Solvency3.8%below the sector's middle half▼ 4.5pp3.7%below the sector's middle half▼ 0.2pp8.2%below the sector's middle half▲ 4.6pp5.2%below the sector's middle half▼ 3.1pp5.5%below the sector's middle half▲ 0.3pp
Current ratio0.84within the sector's middle half▲ 0.190.86within the sector's middle half▲ 0.020.67within the sector's middle half▼ 0.190.67within the sector's middle half=0.54below the sector's middle half▼ 0.13
Return on assets (ROA)-0.3%within the sector's middle half▼ 6.5pp0.1%within the sector's middle half▲ 0.4pp-0.5%within the sector's middle half▼ 0.6pp-3.1%below the sector's middle half▼ 2.6pp-1.8%within the sector's middle half▲ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,338 after €1,444 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161,280
Fixed assets
€78,785 ▼ 5.7%
Current assets
€82,495 ▼ 42.5%
Equity and liabilities €161,280
Equity
€8,814 ▼ 24.9%
Debt
€152,466 ▼ 29.2%
Debt's share of the balance-sheet total falls from 94.8% to 94.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2,460▼
2024 · €6,241
Cash flow
€1,868▲
2024 · -€2,212
Debt to equity
17.30▼
2024 · 18.33
ROE
-33.2%▲
2024 · -59.7%
Interest coverage
2.25▲
2024 · 0.74
Debt ≤ 1 year
€152,466▼
2024 · €215,283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.3%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,821 | €4,798 | €4,798 | €4,798 | €4,798 | = |
| Other operating charges640/8 | - | €1,097 | €2,381 | €2,711 | €42,572 | ▲ 1,470% |
| Gross operating margin9900 | €7,751 | €9,534 | €9,877 | €8,952 | €45,032 | ▲ 403% |
| Operating profit (loss)9901 | €1,842 | €3,640 | €2,698 | €1,444 | -€2,338 | ▼ 262% |
| Financial income75/76B | - | - | - | €0 | €500 | ▲ 4,999,900% |
| Recurring financial income75 | - | - | - | €0 | €500 | ▲ 4,999,900% |
| Financial charges65/66B | - | €3,242 | €3,872 | €8,453 | €1,092 | ▼ 87.1% |
| Recurring financial charges65 | €3,264 | €3,242 | €3,872 | €8,453 | €1,092 | ▼ 87.1% |
| Profit (loss) for the period before taxes9903 | -€1,422 | €398 | -€1,174 | -€7,009 | -€2,930 | ▲ 58.2% |
| Income taxes67/77 | -€4 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€1,418 | €398 | -€1,174 | -€7,009 | -€2,930 | ▲ 58.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,418 | €398 | -€1,174 | -€7,009 | -€2,930 | ▲ 58.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €511,433 | €545,906 | €227,496 | €227,027 | €161,280 | ▼ 29.0% |
| Fixed assets21/28 | €97,975 | €93,178 | €88,380 | €83,583 | €78,785 | ▼ 5.7% |
| Tangible fixed assets22/27 | €96,110 | €91,312 | €86,515 | €81,717 | €76,920 | ▼ 5.9% |
| Land and buildings22 | - | €91,312 | €86,515 | €81,717 | €76,920 | ▼ 5.9% |
| Financial fixed assets28 | €1,865 | €1,865 | €1,865 | €1,865 | €1,865 | = |
| Current assets29/58 | €413,458 | €452,728 | €139,115 | €143,444 | €82,495 | ▼ 42.5% |
| Stocks and contracts in progress3 | €235,012 | €85,670 | €0 | - | - | - |
| Stocks30/36 | - | €85,670 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €138,582 | €311,287 | €94,677 | €132,959 | €68,255 | ▼ 48.7% |
| Trade receivables40 | - | €177,071 | €1,099 | €1,205 | €2,500 | ▲ 107% |
| Other amounts receivable41 | - | €134,216 | €93,578 | €131,754 | €65,755 | ▼ 50.1% |
| Cash at bank and in hand54/58 | €35,526 | €47,095 | €37,002 | €570 | €14,240 | ▲ 2,400% |
| Deferred charges and accrued income490/1 | - | €8,676 | €7,437 | €9,916 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €511,433 | €545,906 | €227,496 | €227,027 | €161,280 | ▼ 29.0% |
| Equity10/15 | €19,529 | €19,927 | €18,753 | €11,744 | €8,814 | ▼ 24.9% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €18,600 | ▲ 200% |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €0 | - | - |
| Distributable reserves133 | - | - | - | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €11,473 | €11,871 | €10,697 | €3,687 | -€11,645 | ▼ 416% |
| Amounts payable17/49 | €491,904 | €525,979 | €208,742 | €215,283 | €152,466 | ▼ 29.2% |
| Amounts payable within one year42/48 | €491,904 | €525,979 | €208,742 | €215,283 | €152,466 | ▼ 29.2% |
| Financial debts43 | - | €150,000 | €150,000 | €0 | - | - |
| Credit institutions430/8 | - | €150,000 | €150,000 | €0 | - | - |
| Trade debts44 | €282,249 | €322,685 | €5,420 | €2,661 | €4,030 | ▲ 51.5% |
| Suppliers440/4 | - | €322,685 | €5,420 | €2,661 | €4,030 | ▲ 51.5% |
| Taxes, remuneration and social security45 | - | - | - | €478 | €103 | ▼ 78.5% |
| Taxes450/3 | - | - | - | €478 | €103 | ▼ 78.5% |
| Other amounts payable47/48 | - | €53,294 | €53,322 | €212,144 | €148,333 | ▼ 30.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,418 | €398 | -€1,174 | -€7,009 | -€2,930 | ▲ 58.2% |
| + Depreciation and write-downs630 | €4,821 | €4,798 | €4,798 | €4,798 | €4,798 | = |
| Operating cash flow (approximation) | €3,403 | €5,195 | €3,624 | -€2,212 | €1,868 | ▲ 184% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €11,569 | -€10,093 | -€36,432 | €13,671 | ▲ 138% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€7,009
Net result drops to -€7,009, the lowest in the series; recovery starts the following year.
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €398
Net result €398 after one loss-making year.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wingene · 1 establishment unit since 2004
Ground area
1.1 ha
Building footprint
698 m²
Volume, LiDAR
2,992 m³
2 parcels, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Balgerhoekstraat 13, 8750 Wingene
since 20042.185.753.656
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018D1403/00P000 | Flanders | 7,914 m² | 1 · 556 m² | 8.8 m · 1 fl. |
| 37012D0350/00B000 | Flanders | 3,238 m² | 1 · 142 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2024 to 2025 · 2 entries · 97,803 EUR awarded · 97,803 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 968 EUR | 968 EUR |
| 2024 | 1 | 96,835 EUR | 96,835 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteRuiselede
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Of 587 companies in sector 01462 we hold annual accounts for 213. 40 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-1998
Fiscal year end31-03
Activities, NACEBEL 2025
01462Crop and animal production, hunting and related service activities
01461Pig breeding farms
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464961283
Also
9925:BE0464961283
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.