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VERALAND

Active
Private limited company (pre-2019)founded 1999active for 27 yearsAnzegemseweg 8, 8790 Waregem, BelgiumKBO/BCE: BE 0465.836.956
Summary

The computed 12-month bankruptcy probability of VERALAND is 3.5% (moderate). The 2024 annual accounts show equity of €18,411 and a net result of €1,568. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 45% of 7,480 sector peers (NACE 43, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€46,499total assets 2024
Equity
€18,411
Profit
€1,568
Turnover not published (abbreviated format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.5%
Structure
Parent
VERANDALAND · 99.87%
Accounts 70 days overdue0 of 1 deed read
Why 49raises riskFigures for financial year 2024 (filed 24-10-2025)Liquidity: current ratio 1.67, cash €0, halved1 financial year not filed after the legal deadline; latest accounts 84 days late; 2 of the last 3 latelowers riskFounded in 1999Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 65+2
equity 39.6% of total assets
Liquidity 19-1
short-term debt 59.8% · cash 0.0%
Profitability 46+10
return on assets 3.4%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,541 companies, NACE 43, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025lowest value 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.2%▲ +0.7 percentage points vs 07-2025 09-2025: 2.4%▲ +0.2 percentage points vs 08-2025 10-2025: 3.0%▲ +0.6 percentage points vs 09-2025 11-2025: 1.7%▼ -1.3 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.9 percentage points vs 07-2026 09-2026: 2.8%▲ +0.2 percentage points vs 08-2026 10-2026: 3.5%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 1.69 in 2023; short-term debt: 59.8% and cash: 0% of total assets), but 60.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 42% on solvency, 10% on liquidity, 22% on profitability and 54% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 24-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.67, cash €0, halved
NBB · annual accounts
lowers risk · Founded in 1999
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 84 days late; 2 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
84 days late
2023
29 days early
2022
31 days late
2021
40 days late
2020
61 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 46 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Back to profitnet €1,568
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Among the weakest 9% on equitysector median €342,477 · 7,481 companies €18,411 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Controlled by VERANDALANDultimately: ASTIBO 99.87% View

By topic

Financials

Financial year
2024
Total assets
€46,499
Profit
€1,568
Solvency
39.6%
Total assets▲ 6.2%
Net result
20182024
Go to Financials

Timeline

Events
28
Since
2001
  1. 31-08-2023Annual accounts filed
  2. 09-09-2022Annual accounts filed
  3. 30-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Joinery installationNACE 43320
Founded
09-04-1999
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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