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VERANCO

Active
Public limited companyfounded 199035 yrs activeEuropark-Zuid 16, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0442.826.279
Summary

VERANCO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €948,798 and a net result of €1.1m. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 2083 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability91▲+18
Solvency45▲+13
Growth50▼-2
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.15 in 2024; short-term debt: 50.8% and cash: 8.6% of total assets), and 80.5% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.5%
Return on assets
22.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2083 sector peers (2025).
NBB · sector comparison
Position among 2083 sector peers
Solvency
better than 20%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €948,798
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
30 d early
2023
6 d early
2022
13 d early
2021
2 d early
2020
31 d late
2019
27 d late
← 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 2 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · 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. Usually files around 18 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 20 December 1990, VERANCO was incorporated.1 Revenue went from EUR 11 million in 2018 to EUR 11 million in 2025 and headcount from 65.5 to 52.9 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€11.2m▼ 9.2%
2024 · €12.4m
EBIT margin
11.2%▲ 5.7pp
2024 · 5.5%
Net result
€1.1m▲ 99.1%
2024 · €549,034
Working capital
€1.1m▲ 114%
2024 · €535,441
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Turnover€12.7m▲ 25.2%€16.1m▲ 26.5%€16.3m▲ 1.3%€12.4m▼ 24.0%€11.2m▼ 9.2%
Operating result€367,332▲ 902%€592,934▲ 61.4%€635,466▲ 7.2%€685,328▲ 7.8%€1.3m▲ 83.9%
Net result€404,681above the sector's middle half▲ 178%€836,006above the sector's middle half▲ 107%€508,997above the sector's middle half▼ 39.1%€549,034above the sector's middle half▲ 7.9%€1.1mabove the sector's middle half▲ 99.1%
EBIT margin2.9%▲ 2.5pp3.7%▲ 0.8pp3.9%▲ 0.2pp5.5%▲ 1.6pp11.2%▲ 5.7pp
Equity€2.1mabove the sector's middle half▲ 22.5%€1.2mabove the sector's middle half▼ 43.8%€688,764within the sector's middle half▼ 42.3%€355,731within the sector's middle half▼ 48.4%€948,798within the sector's middle half▲ 167%
Total assets€10.4mabove the sector's middle half▲ 25.8%€8.4mabove the sector's middle half▼ 19.5%€6.9mabove the sector's middle half▼ 18.2%€5.4mabove the sector's middle half▼ 21.7%€4.9mabove the sector's middle half▼ 9.7%
Debt€7.0m▲ 32.0%€5.8m▼ 16.9%€4.7m▼ 19.1%€3.6m▼ 24.6%€2.5m▼ 30.6%
Working capital€2.6mabove the sector's middle half▲ 13.6%€1.5mabove the sector's middle half▼ 44.0%€669,074above the sector's middle half▼ 54.9%€535,441above the sector's middle half▼ 20.0%€1.1mabove the sector's middle half▲ 114%
Solvency20.4%below the sector's middle half▼ 0.6pp14.2%below the sector's middle half▼ 6.1pp10.0%below the sector's middle half▼ 4.2pp6.6%below the sector's middle half▼ 3.4pp19.5%below the sector's middle half▲ 12.9pp
Current ratio1.38within the sector's middle half▼ 0.071.26within the sector's middle half▼ 0.121.14within the sector's middle half▼ 0.111.15within the sector's middle half▲ 0.011.46within the sector's middle half▲ 0.31
Return on assets (ROA)3.9%within the sector's middle half▲ 2.1pp10.0%within the sector's middle half▲ 6.1pp7.4%within the sector's middle half▼ 2.5pp10.2%within the sector's middle half▲ 2.8pp22.5%above the sector's middle half▲ 12.3pp
Staff (FTE)69.1above the sector's middle half▼ 1.6%72.3above the sector's middle half▲ 4.6%76.2above the sector's middle half▲ 5.4%60.6above the sector's middle half▼ 20.5%52.9above the sector's middle half▼ 12.7%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€500,000€1.0m€1.5mOperating result 2021: €367,332€367,332Net result 2021: €404,681€404,681Operating result 2022: €592,934€592,934Net result 2022: €836,006€836,006Operating result 2023: €635,466€635,466Net result 2023: €508,997€508,997Operating result 2024: €685,328€685,328Net result 2024: €549,034€549,034Operating result 2025: €1.3m€1.3mNet result 2025: €1.1m€1.1m20212022202320242025€0€500,000€1m€1.5mOperating result 2023: €635,466€635,000Net result 2023: €508,997€509,000Operating result 2024: €685,328€685,000Net result 2024: €549,034€549,000Operating result 2025: €1.3m€1.3mNet result 2025: €1.1m€1.1m202320242025
The operating result has risen four years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.9m
Fixed assets €1.2m ▼ 3.3%
Current assets €3.6m ▼ 11.7%
Equity and liabilities €4.9m
Equity €948,798 ▲ 167%
Provisions €1.4m ▼ 1.8%
Debt €2.5m ▼ 30.6%
Debt's share of the balance-sheet total falls from 66.1% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.7m▲
2024 · €1.1m
Cash flow
€1.5m▲
2024 · €975,740
Quick ratio
0.80▲
2024 · 0.68
Debt to equity
2.60▼
2024 · 10.00
ROE
115.2%▼
2024 · 154.3%
Interest coverage
166.19▲
2024 · 135.45
Debt ≤ 1 year
€2.5m▼
2024 · €3.6m
Debt > 1 year
€2,700=
2024 · €2,700
Income taxes
€187,122▼
2024 · €243,413
Staff costs
€3.1m▼
2024 · €3.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
2.4% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 378 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.4m€4.9m▼
Fixed assets21/28€1.3m€1.2m▼
Intangible fixed assets21€157,655€124,897▼
Tangible fixed assets22/27€1.1m€921,545▼
Plant, machinery and equipment23€804,648€603,098▼
Furniture and vehicles24€212,297€119,199▼
Other tangible fixed assets26€107,000€74,248▼
Assets under construction and advance payments27-€125,000
Financial fixed assets28€7,500€200,000▲
Other financial fixed assets284/8€7,500€200,000▲
Amounts receivable and cash guarantees285/8€7,500€200,000▲
Current assets29/58€4.1m€3.6m▼
Stocks and contracts in progress3€1.7m€1.6m▼
Stocks30/36€1.7m€1.6m▼
Raw materials and consumables30/31€1.7m€1.6m▼
Advance payments36€0-
Amounts receivable within one year40/41€1.4m€838,226▼
Trade receivables40€1.0m€714,087▼
Other amounts receivable41€350,525€124,140▼
Current investments50/53€500,000€700,000▲
Other investments51/53€500,000€700,000▲
Cash at bank and in hand54/58€542,959€417,044▼
Deferred charges and accrued income490/1€7,688€25,479▲
Equity and liabilities
Total equity and liabilities10/49€5.4m€4.9m▼
Equity10/15€355,731€948,798▲
Contributions10/11€99,157€99,157=
Capital10€99,157€99,157=
Issued capital100€99,157€99,157=
Reserves13€226,349€436,849▲
Non-distributable reserves130/1€15,849€15,849=
Legal reserve130€9,916€9,916=
Reserves not available under the articles1311€5,933€5,933=
Tax-exempt reserves132€210,500€421,000▲
Profit (loss) carried forward14€30,224€412,792▲
Investment grants15€0-
Provisions and deferred taxes16€1.5m€1.4m▼
Provisions for liabilities and charges160/5€1.5m€1.4m▼
Pensions and similar obligations160€27,507€26,153▼
Other liabilities and charges164/5€1.4m€1.4m▼
Amounts payable17/49€3.6m€2.5m▼
Amounts payable after more than one year17€2,700€2,700=
Other amounts payable178/9€2,700€2,700=
Amounts payable within one year42/48€3.6m€2.5m▼
Trade debts44€1.9m€867,455▼
Suppliers440/4€1.9m€867,455▼
Advances received on contracts in progress46€1.2m€745,810▼
Taxes, remuneration and social security45€458,129€353,734▼
Taxes450/3€101,961€78,495▼
Remuneration and social security454/9€356,168€275,240▼
Other amounts payable47/48€520€500,498▲
Income statement Code20242025
Operating income70/76A€13.9m€12.2m▼
Turnover70€12.4m€11.2m▼
Change in stocks of work in progress, finished goods and contracts in progress71€260,626-€35,598▼
Own construction capitalised72€28,608€0▼
Other operating income74€1.2m€1.0m▼
Non-recurring operating income76A€1,050€413▼
Operating charges60/66A€13.2m€11.0m▼
Goods for resale, raw materials and consumables60€5.6m€4.4m▼
Purchases600/8€5.7m€4.4m▼
Change in stocks: decrease (increase)609-€84,093€21,078▲
Services and other goods61€3.2m€2.9m▼
Remuneration, social security and pensions62€3.6m€3.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€426,705€406,459▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€332,256€104,231▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€2,472-€26,491▼
Other operating charges640/8€102,662€50,273▼
Non-recurring operating charges66A€3,474€12,996▲
Operating profit (loss)9901€685,328€1.3m▲
Financial income75/76B€115,330€29,894▼
Recurring financial income75€115,330€29,894▼
Income from current assets751€11,541€10,355▼
Other financial income752/9€103,789€19,540▼
Financial charges65/66B€8,210€10,029▲
Recurring financial charges65€8,210€10,029▲
Other financial charges652/9€8,210€10,029▲
Profit (loss) for the period before taxes9903€792,448€1.3m▲
Income taxes67/77€243,413€187,122▼
Taxes670/3€243,413€187,122▼
Profit (loss) for the period9904€549,034€1.1m▲
Transfer to tax-exempt reserves689€0€210,500▲
Profit (loss) for the period to be appropriated9905€549,034€882,567▲
Appropriation of the result
Profit (loss) to be appropriated9906€905,224€912,792▲
Profit (loss) brought forward from the previous period14P€356,190€30,224▼
Profit to be distributed694/7€875,000€500,000▼
Return on contributions (dividend)694€875,000€0▼
Directors or managers695-€500,000
Social balance
Average headcount (FTE)908760.652.9▼

The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€14.6m€17.5m€16.6m€13.9m€12.2m▼ 12.0%
Turnover70€12.7m€16.1m€16.3m€12.4m€11.2m▼ 9.2%
Change in stocks of work in progress, finished goods and contracts in progress71€777,000€337,837-€984,580€260,626-€35,598▼ 114%
Own construction capitalised72---€28,608€0▼ 100%
Other operating income74€1.1m€1.0m€1.2m€1.2m€1.0m▼ 16.7%
Non-recurring operating income76A€3,610€13,445€16,948€1,050€413▼ 60.7%
Operating charges60/66A€14.2m€16.9m€15.9m€13.2m€11.0m▼ 17.0%
Goods for resale, raw materials and consumables60€7.2m€8.8m€6.9m€5.6m€4.4m▼ 20.4%
Purchases600/8€7.9m€8.7m€6.5m€5.7m€4.4m▼ 21.9%
Change in stocks: decrease (increase)609-€651,201€155,796€354,554-€84,093€21,078▲ 125%
Services and other goods61€3.0m€3.5m€3.7m€3.2m€2.9m▼ 9.3%
Remuneration, social security and pensions62€3.6m€4.1m€4.2m€3.6m€3.1m▼ 13.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€255,209€338,425€377,076€426,705€406,459▼ 4.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€341,555€332,256€104,231▼ 68.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8€49,910€83,186€95,130-€2,472-€26,491▼ 972%
Other operating charges640/8€32,762€46,181€324,333€102,662€50,273▼ 51.0%
Non-recurring operating charges66A€4,367€402€0€3,474€12,996▲ 274%
Operating profit (loss)9901€367,332€592,934€635,466€685,328€1.3m▲ 83.9%
Financial income75/76B€296,495€587,307€174,404€115,330€29,894▼ 74.1%
Recurring financial income75€296,495€587,307€174,404€115,330€29,894▼ 74.1%
Income from current assets751€238,876€522,946€0€11,541€10,355▼ 10.3%
Other financial income752/9€57,619€64,362€174,404€103,789€19,540▼ 81.2%
Financial charges65/66B€71,574€218,133€9,386€8,210€10,029▲ 22.2%
Recurring financial charges65€71,574€218,133€9,386€8,210€10,029▲ 22.2%
Debt charges650€45,000€45,000€0---
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€1,818-€23,175€0---
Other financial charges652/9€24,756€196,308€9,386€8,210€10,029▲ 22.2%
Profit (loss) for the period before taxes9903€592,253€962,108€800,484€792,448€1.3m▲ 61.5%
Income taxes67/77€187,572€126,102€291,487€243,413€187,122▼ 23.1%
Taxes670/3€187,572€126,102€291,487€243,413€187,122▼ 23.1%
Tax adjustments and reversals of tax provisions77€0-----
Profit (loss) for the period9904€404,681€836,006€508,997€549,034€1.1m▲ 99.1%
Transfer to tax-exempt reserves689--€210,500€0€210,500-
Profit (loss) for the period to be appropriated9905€404,681€836,006€298,497€549,034€882,567▲ 60.7%
Line20212022202320242025Change
Assets
Total assets20/58€10.4m€8.4m€6.9m€5.4m€4.9m▼ 9.7%
Fixed assets21/28€811,200€1.1m€1.5m€1.3m€1.2m▼ 3.3%
Intangible fixed assets21€44,138€83,486€71,682€157,655€124,897▼ 20.8%
Tangible fixed assets22/27€766,660€1.0m€1.4m€1.1m€921,545▼ 18.0%
Plant, machinery and equipment23€227,012€481,100€955,696€804,648€603,098▼ 25.0%
Furniture and vehicles24€129,544€255,603€297,585€212,297€119,199▼ 43.9%
Other tangible fixed assets26€410,105€312,836€166,010€107,000€74,248▼ 30.6%
Assets under construction and advance payments27----€125,000-
Financial fixed assets28€402€0-€7,500€200,000▲ 2,567%
Other financial fixed assets284/8€402€0-€7,500€200,000▲ 2,567%
Amounts receivable and cash guarantees285/8€402€0-€7,500€200,000▲ 2,567%
Current assets29/58€9.6m€7.3m€5.4m€4.1m€3.6m▼ 11.7%
Stocks and contracts in progress3€3.2m€2.0m€1.9m€1.7m€1.6m▼ 2.2%
Stocks30/36€2.1m€2.0m€1.9m€1.7m€1.6m▼ 2.2%
Raw materials and consumables30/31€2.1m€2.0m€1.5m€1.7m€1.6m▼ 2.2%
Advance payments36--€392,500€0--
Contracts in progress37€1.0m€0----
Amounts receivable within one year40/41€1.9m€4.5m€2.7m€1.4m€838,226▼ 38.9%
Trade receivables40€1.3m€1.4m€507,481€1.0m€714,087▼ 30.1%
Other amounts receivable41€573,151€3.1m€2.2m€350,525€124,140▼ 64.6%
Current investments50/53€4.2m€0-€500,000€700,000▲ 40.0%
Other investments51/53€4.2m€0-€500,000€700,000▲ 40.0%
Cash at bank and in hand54/58€416,392€757,831€718,112€542,959€417,044▼ 23.2%
Deferred charges and accrued income490/1€6,316€20,359€11,444€7,688€25,479▲ 231%
Equity and liabilities
Total equity and liabilities10/49€10.4m€8.4m€6.9m€5.4m€4.9m▼ 9.7%
Equity10/15€2.1m€1.2m€688,764€355,731€948,798▲ 167%
Contributions10/11€577,427€99,157€99,157€99,157€99,157=
Capital10€577,427€99,157€99,157€99,157€99,157=
Issued capital100€577,427€99,157€99,157€99,157€99,157=
Reserves13€588,676€15,849€226,349€226,349€436,849▲ 93.0%
Non-distributable reserves130/1€63,676€15,849€15,849€15,849€15,849=
Legal reserve130€57,743€9,916€9,916€9,916€9,916=
Reserves not available under the articles1311€5,933€5,933€5,933€5,933€5,933=
Tax-exempt reserves132--€210,500€210,500€421,000▲ 100%
Distributable reserves133€525,000€0----
Profit (loss) carried forward14€921,687€1.1m€356,190€30,224€412,792▲ 1,266%
Investment grants15€36,767€21,917€7,068€0--
Provisions and deferred taxes16€1.3m€1.4m€1.5m€1.5m€1.4m▼ 1.8%
Provisions for liabilities and charges160/5€1.3m€1.4m€1.5m€1.5m€1.4m▼ 1.8%
Pensions and similar obligations160€29,610€27,348€32,199€27,507€26,153▼ 4.9%
Environmental obligations163-€1.3m----
Other liabilities and charges164/5€1.3m-€1.4m€1.4m€1.4m▼ 1.7%
Amounts payable17/49€7.0m€5.8m€4.7m€3.6m€2.5m▼ 30.6%
Amounts payable after more than one year17-€2,700€2,700€2,700€2,700=
Other amounts payable178/9-€2,700€2,700€2,700€2,700=
Amounts payable within one year42/48€7.0m€5.8m€4.7m€3.6m€2.5m▼ 30.6%
Trade debts44€1.9m€1.6m€1.7m€1.9m€867,455▼ 53.5%
Suppliers440/4€1.9m€1.6m€1.7m€1.9m€867,455▼ 53.5%
Advances received on contracts in progress46€3.6m€2.8m€1.5m€1.2m€745,810▼ 39.4%
Taxes, remuneration and social security45€463,424€602,057€495,897€458,129€353,734▼ 22.8%
Taxes450/3€89,709€74,277€96,795€101,961€78,495▼ 23.0%
Remuneration and social security454/9€373,715€527,780€399,102€356,168€275,240▼ 22.7%
Other amounts payable47/48€997,796€755,244€1.0m€520€500,498▲ 96,181%
Accrued charges and deferred income492/3€45,000€45,000€0---
Line20212022202320242025Change
Profit (loss) for the period9904€404,681€836,006€508,997€549,034€1.1m▲ 99.1%
+ Depreciation and write-downs630€255,209€338,425€377,076€426,705€406,459▼ 4.7%
Operating cash flow (approximation)€659,890€1.2m€886,073€975,740€1.5m▲ 53.7%
Investment in fixed assets (approximation)--€660,248-€735,024-€224,833-€363,802▼ 61.8%
Change in cash-€341,439-€39,720-€175,152-€125,916▲ 28.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2018net €1.1m ▲99.1%
Operating result €1.3m, net result €1.1m, both a record.
31-12
Financial Equity above €500,000Eq €948,798 ▲167%
7 profitable years in a row build equity to €948,798.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
25-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Equity above €2mEq €2.1m ▲22.5%
3 profitable years in a row build equity to €2.1m.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial Back to profitnet €229,168
Net result €229,168 after one loss-making year.
30-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 91 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts

We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
15 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, Sint-Niklaas · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
1.8 ha
Building footprint
1.3 ha
Volume, LiDAR
107,904 m³
Parcel 46442C0435/00K000, Flanders · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Europark-Zuid 16, 9100 Sint-Niklaas
Manufacture of machinery and equipment not elsewhere classified
since 19912.051.042.531
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46442C0435/00K000 Flanders 1.8 ha 1 · 1.3 ha 14.0 m · 2 fl.
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Cartagena de Indias 100%
  2. VERANCO

Highest known parent: Cartagena de Indias. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 12 entries · 123,693 EUR awarded · 123,472 EUR paid
Year Entries awardedpaid
2025 3 957 EUR1,137 EUR
2024 3 2,549 EUR14,799 EUR
2023 4 28,378 EUR33,685 EUR
2022 2 91,809 EUR73,851 EUR
Schemes
2 entries · 87,958 EUR · 87,958 EUR paid · Fonds voor Innoveren en Ondernemen
3 entries · 24,750 EUR · 24,750 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 8,573 EUR · 8,352 EUR paid · Fonds voor Innoveren en Ondernemen
3 entries · 2,412 EUR · 2,412 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

3 ended
Administratief medewerker (so)
ended · 2017 to 2022
Polyvalent administratief ondersteuner (vwo)
ended · 2017 to 2022
Polyvalent administratief ondersteuner duaal (so)
ended · 2017 to 2022

Legal Entity Identifier

967600OBSBBEZP4FKE21
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 4,530 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
Founded20-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
46831Wholesale of construction materials, general range
46839Wholesale trade
16230Manufacture of other builders' carpentry and joinery
43310Plastering work
43343Specialised construction activities
47522Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0442826279
Also 9925:BE0442826279
Registered 19-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.