VERANCOBEL
ActiveVERANCOBEL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-122k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 2031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
0
/ 100
Critical▼ -27 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-9
Solvency10▼-8
Growth55▼-17
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85 against 0.99 in 2024), and 97% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 43
higher
← 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€122k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2031 sector peers (2025).
NBB · sector comparisonPosition among 2031 sector peers
Solvency
better than 9%
← weakest
strongest →
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 filingsDeviation from the deadline
2025
18 d early
2024
76 d early
2023
6 d early
2022
13 d early
2021
2 d early
2020
31 d late
2019
46 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.48M▼ 14.3%
2024 · €4.06M
2018: €830k
2019: €1.35M
2020: €1.76M
2021: €2.26M
2022: €3.97M
2023: €4.75M
2024: €4.06M
2018 → 2025
EBIT margin
-3.5%▼ 3.2pp
2024 · -0.2%
2018: -14.3%
2019: -6.8%
2020: -5.1%
2021: -0.9%
2022: 3.2%
2023: 1.8%
2024: -0.2%
2018 → 2025
Net result
€-122k▼ 962%
2024 · €-12k
2018: €-119k
2019: €-93k
2020: €-90k
2021: €-18k
2022: €126k
2023: €83k
2024: €-12k
2018 → 2025
Working capital
€-219k▼ 1,576%
2024 · €-13k
2018: €-79k
2019: €-133k
2020: €-171k
2021: €-221k
2022: €-81k
2023: €15k
2024: €-13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.26M-€3.97M▲ 75.1%€4.75M▲ 19.6%€4.06M▼ 14.4%€3.48M▼ 14.3%
Equity€-31k-€95k€179k▲ 87.0%€167k▼ 6.5%€45k▼ 73.3%
Operating result€-20k-€127k€87k▼ 31.5%€-10k€-120k▼ 1,159%
Net result€-18k-€126k€83k▼ 34.1%€-12k€-122k▼ 962%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €120k in 2025 against €10k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.48M
Fixed assets
€258k▼ 7.2%
Current assets
€1.23M▼ 5.5%
Equity and liabilities €1.49M
Equity
€45k▼ 73.3%
Debt
€1.45M▲ 2.6%
The debt ratio rises from 89.4% to 97.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-17k▼
2024 · €72k
Cash flow
€-19k▼
2024 · €70k
Solvency
3.0%▼
2024 · 10.6%
Current ratio
0.85▼
2024 · 0.99
Quick ratio
0.85▼
2024 · 0.99
Debt / equity
32.47▲
2024 · 8.43
ROE
-275.2%▼
2024 · -6.9%
ROA
-8.2%▼
2024 · -0.7%
Interest coverage
-69.91▼
2024 · 287.82
Debt
€1.45M▲
2024 · €1.41M
Debt ≤ 1 year
€1.45M▲
2024 · €1.31M
Income taxes
€482▼
2024 · €914
Staff costs
€267k▼
2024 · €571k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.58M€1.49M▼
Formation expenses20-€5k
Fixed assets21/28€278k€258k▼
Intangible fixed assets21€18k€8k▼
Tangible fixed assets22/27€260k€230k▼
Plant, machinery and equipment23€169k€187k▲
Furniture and vehicles24€88k€33k▼
Other tangible fixed assets26€4k€9k▲
Assets under construction and advance payments27-€2k
Financial fixed assets28-€20k
Other financial fixed assets284/8-€20k
Amounts receivable and cash guarantees285/8-€20k
Current assets29/58€1.30M€1.23M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.12M€608k▼
Trade receivables40€1.09M€595k▼
Other amounts receivable41€26k€13k▼
Cash at bank and in hand54/58€178k€619k▲
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.49M▼
Equity10/15€167k€45k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€99k€-23k▼
Amounts payable17/49€1.41M€1.45M▲
Amounts payable within one year42/48€1.31M€1.45M▲
Trade debts44€228k€204k▼
Suppliers440/4€228k€204k▼
Advances received on contracts in progress46€1.00M€1.22M▲
Taxes, remuneration and social security45€78k€23k▼
Taxes450/3€35k€10k▼
Remuneration and social security454/9€43k€12k▼
Accrued charges and deferred income492/3€98k€0▼
Income statement
Code20242025
Operating income70/76A€4.11M€3.53M▼
Turnover70€4.06M€3.48M▼
Own construction capitalised72€23k€20k▼
Other operating income74€31k€26k▼
Non-recurring operating income76A€0-
Operating charges60/66A€4.12M€3.65M▼
Goods for resale, raw materials and consumables60€2.75M€2.60M▼
Purchases600/8€2.75M€2.60M▼
Services and other goods61€695k€667k▼
Remuneration, social security and pensions62€571k€267k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€103k▲
Other operating charges640/8€23k€15k▼
Operating charges capitalised as restructuring costs649-€-5k
Operating profit (loss)9901€-10k€-120k▼
Financial income75/76B€593€39▼
Recurring financial income75€593€39▼
Other financial income752/9€593€39▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Debt charges650€251€250▼
Other financial charges652/9€1k€1k▼
Profit (loss) for the period before taxes9903€-11k€-122k▼
Income taxes67/77€914€482▼
Taxes670/3€914€482▼
Profit (loss) for the period9904€-12k€-122k▼
Profit (loss) for the period to be appropriated9905€-12k€-122k▼
Appropriation of the result
Profit (loss) to be appropriated9906€99k€-23k▼
Profit (loss) brought forward from the previous period14P€111k€99k▼
Social balance
Average headcount (FTE)90878.53.9▼
The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-122k
Net result drops to €-122k, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €150kEq €179k ▲87%
2 profitable years in a row build equity to €179k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €126k
Net result €126k after 4 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 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.
Directors · office · real estate
Directors
5 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 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Europark-Zuid 169100 Sint-NiklaasGround 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.
1 establishment unit
Verancobel
since 20132.224.924.335
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
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 · 1 entry · 134 EUR awarded · 134 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 134 EUR | 134 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 7,243 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-12-2013
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
47529Retail trade
43310Plastering work
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.