VERABEL
BankruptcySummary
The KBO register records for VERABEL the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2015 annual accounts show equity of €280,511 and a net result of -€2.6m.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2015 was due by 30-04-2016 and was filed on 06-07-2016, 67 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
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Joinery installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2015, full schema
Turnover
€2.5m▲ 85.4%
2014 · €1.4m
EBIT margin
-50.3%▼ 66.9pp
2014 · 16.5%
Net result
-€2.6m
2014 · €17,372
Working capital
-€1.7m
2014 · €689,226
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20112012201320142015
Turnover€4.0m-€4.5m▲ 14.6%€1.4m€2.5m▲ 85.4%
Operating result€232,257-€369,210▲ 59.0%€157,404▼ 57.4%€224,237▲ 42.5%-€1.3m
Net result€122,542-€125,061▲ 2.1%€21,718▼ 82.6%€17,372▼ 20.0%-€2.6m
EBIT margin5.9%-8.1%▲ 2.3pp16.5%-50.3%▼ 66.9pp
Equity€682,611-€795,011▲ 16.5%€786,143▼ 1.1%€790,854▲ 0.6%€280,511▼ 64.5%
Total assets€3.4m-€3.5m▲ 3.4%€3.9m▲ 12.0%€3.7m▼ 5.7%€4.4m▲ 18.9%
Debt€2.7m-€2.7m▲ 0.1%€3.1m▲ 15.9%€2.9m▼ 7.3%€4.1m▲ 41.6%
Working capital€388,113-€183,599▼ 52.7%€652,166▲ 255%€689,226▲ 5.7%-€1.7m
Staff (FTE)18.3-19.2▲ 4.9%15.8▼ 17.7%24.5▲ 55.1%23.3▼ 4.9%
Why a figure moved sharply
- 2015 Turnover +85%, Equity -65% on 2014. Cause not known from the registers.
- 2014 Staff (FTE) +55% on 2013. Cause not known from the registers.
- 2013 Net result -83% on 2012. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2015: a loss of €1.3m after €224,237 in 2014, the lowest result in the available series.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €4.4m
Fixed assets
€3.2m ▲ 168%
Current assets
€1.2m ▼ 52.0%
Equity and liabilities €4.4m
Equity
€280,511 ▼ 64.5%
Debt
€4.1m ▲ 41.6%
Debt's share of the balance-sheet total rises from 78.7% to 93.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1.2m▼
2014 · €349,290
Cash flow
-€2.5m▼
2014 · €142,425
Current ratio
0.42▼
2014 · 1.38
Quick ratio
0.23▼
2014 · 1.10
Debt to equity
4.48▲
2014 · 1.39
ROE
-920.4%▼
2014 · 2.2%
ROA
-58.6%▼
2014 · 0.5%
Debt ≤ 1 year
€2.9m▲
2014 · €1.8m
Debt > 1 year
€1.3m▲
2014 · €1.1m
Income taxes
€44,461▲
2014 · €25,085
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4.0m | €4.5m | - | €1.4m | €2.5m | ▲ 85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €132,504 | €144,074 | €133,229 | €125,053 | €114,349 | ▼ 8.6% |
| Gross operating margin9900 | €1.3m | €1.5m | €1.0m | €1.4m | €173,746 | ▼ 87.2% |
| Operating profit (loss)9901 | €232,257 | €369,210 | €157,404 | €224,237 | -€1.3m | ▼ 666% |
| Recurring financial income75 | €16,152 | €12,810 | €12,696 | €15,342 | €12,772 | ▼ 16.8% |
| Recurring financial charges65 | €124,799 | €146,116 | €117,716 | €131,312 | €178,732 | ▲ 36.1% |
| Profit (loss) for the period before taxes9903 | €158,567 | €183,129 | €41,718 | €42,457 | -€2.5m | ▼ 6,076% |
| Income taxes67/77 | €36,025 | €58,068 | €20,000 | €25,085 | €44,461 | ▲ 77.2% |
| Profit (loss) for the period9904 | €122,542 | €125,061 | €21,718 | €17,372 | -€2.6m | ▼ 14,962% |
| Profit (loss) for the period to be appropriated9905 | €122,542 | €125,061 | €21,718 | €17,372 | -€2.6m | ▼ 14,962% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.4m | €3.5m | €3.9m | €3.7m | €4.4m | ▲ 18.9% |
| Fixed assets21/28 | €1.1m | €1.3m | €1.3m | €1.2m | €3.2m | ▲ 168% |
| Tangible fixed assets22/27 | €1.1m | €1.3m | €1.3m | €1.2m | €3.2m | ▲ 168% |
| Financial fixed assets28 | €3,525 | €3,525 | €3,525 | €2,525 | €2,525 | = |
| Current assets29/58 | €2.3m | €2.2m | €2.7m | €2.5m | €1.2m | ▼ 52.0% |
| Stocks and contracts in progress3 | €462,542 | €466,293 | €504,269 | €513,192 | €548,459 | ▲ 6.9% |
| Amounts receivable within one year40/41 | €1.7m | €1.7m | €2.1m | €2.0m | €628,743 | ▼ 68.4% |
| Current investments50/53 | €55,000 | €55,113 | €55,111 | €145 | €145 | = |
| Cash at bank and in hand54/58 | €31,082 | - | €21,306 | - | €10,993 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.4m | €3.5m | €3.9m | €3.7m | €4.4m | ▲ 18.9% |
| Equity10/15 | €682,611 | €795,011 | €786,143 | €790,854 | €280,511 | ▼ 64.5% |
| Contributions10/11 | €28,592 | €28,592 | €28,592 | €28,592 | €28,592 | = |
| Reserves13 | €402,859 | €402,859 | €402,859 | €402,859 | €402,859 | = |
| Profit (loss) carried forward14 | €192,097 | €317,158 | €320,951 | €338,323 | -€2.2m | ▼ 763% |
| Amounts payable17/49 | €2.7m | €2.7m | €3.1m | €2.9m | €4.1m | ▲ 41.6% |
| Amounts payable after more than one year17 | €808,662 | €658,975 | €1.1m | €1.1m | €1.3m | ▲ 14.8% |
| Amounts payable within one year42/48 | €1.9m | €2.1m | €2.0m | €1.8m | €2.9m | ▲ 57.7% |
| Trade debts44 | €610,563 | €940,348 | €956,194 | €635,692 | €1.1m | ▲ 68.8% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €122,542 | €125,061 | €21,718 | €17,372 | -€2.6m | ▼ 14,962% |
| + Depreciation and write-downs630 | €132,504 | €144,074 | €133,229 | €125,053 | €114,349 | ▼ 8.6% |
| Operating cash flow (approximation) | €255,046 | €269,135 | €154,946 | €142,425 | -€2.5m | ▼ 1,832% |
| Investment in fixed assets (approximation) | - | -€311,301 | -€132,388 | -€52,561 | -€2.1m | ▼ 3,934% |
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
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 67 days late
2015
30-09
Financial
Weakest financial yearnet -€2.6m
Net result drops to -€2.6m, the lowest in the series.
01-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 1 day late
2014
27-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
14-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
30-09
Financial
Highest result since 2011net €125,061 ▲2.1%
Operating result €369,210, net result €125,061, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
29-04
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
14-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 45 days late
2009
29-04
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
28-03
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
30-04
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Jodoigne · 1 establishment unit since 1994
Ground area
3,095 m²
Building footprint
1,106 m²
Parcel 25049A0219/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Trois Fontaines 2, 1370 Jodoigne
since 19942.059.589.221
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25049A0219/00C000 | Wallonia | 3,095 m² | 1 · 1,106 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,977 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-10-1992
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.