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VERBAETEN

Active
Private limited companyfounded 201313 yrs activeKoning Albertstraat 19, 2300 Turnhout, BelgiumKBO/BCE: BE 0536.630.031

VERBAETEN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188k and a net result of €37k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 4444 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+11
Solvency80▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 0.84 in 2024; short-term debt: 17.3% of total assets), and 44.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies more bankruptcies →
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
55.1%
Return on assets
10.9%
Age of the figures
9 mo
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
elevated failure risk from 2 to 8 years 13 years 0 20 y
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
18 d late
2023
40 d early
← 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 months
Position in the running window
19-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€188k▲ 24.7%
2024 · €151k
2023: €145k 2024: €151k
2023 → 2025
Total assets
€341k▼ 2.0%
2024 · €348k
2023: €349k 2024: €348k
2023 → 2025
Net result
€37k▲ 603%
2024 · €5k
2023: €30k 2024: €5k
2023 → 2025
Working capital
€35k
2024 · €-14k
2023: €-15k 2024: €-14k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€145k-€151k▲ 3.6%€188k▲ 24.7%
Operating result€32k-€9k▼ 70.7%€57k▲ 502%
Net result€30k-€5k▼ 82.3%€37k▲ 603%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €32k€32kNet result 2023: €30k€30kOperating result 2024: €9k€9kNet result 2024: €5k€5kOperating result 2025: €57k€57kNet result 2025: €37k€37k202320242025
The operating result recovers in 2025; 2025 is 502% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341k
Fixed assets €248k▼ 10.1%
Current assets €94k▲ 28.6%
Equity and liabilities €341k
Equity €188k▲ 24.7%
Debt €153k▼ 22.4%
The debt ratio falls from 56.8% to 44.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€84k
2024 · €36k
Cash flow
€65k
2024 · €32k
Solvency
55.1%
2024 · 43.2%
Current ratio
1.59
2024 · 0.84
Quick ratio
1.59
2024 · 0.84
Debt / equity
0.82
2024 · 1.31
ROE
19.8%
2024 · 3.5%
ROA
10.9%
2024 · 1.5%
Interest coverage
13.50
2024 · 16.11
Debt
€153k
2024 · €198k
Debt ≤ 1 year
€59k
2024 · €87k
Debt > 1 year
€92k
2024 · €111k
Income taxes
€16k
2024 · €4k
Staff costs
€160k
2024 · €176k
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€348k€341k
Fixed assets21/28€276k€248k
Tangible fixed assets22/27€276k€248k
Land and buildings22€229k€213k
Plant, machinery and equipment23€35k€26k
Furniture and vehicles24€11k€9k
Current assets29/58€73k€94k
Amounts receivable within one year40/41€46k€88k
Trade receivables40€34k€60k
Other amounts receivable41€12k€28k
Current investments50/53-€8
Cash at bank and in hand54/58€7k-
Deferred charges and accrued income490/1€20k€6k
Equity and liabilities
Total equity and liabilities10/49€348k€341k
Equity10/15€151k€188k
Contributions10/11€3k€3k=
Reserves13€148k€185k
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Distributable reserves133€147k€184k
Profit (loss) carried forward14-€294
Amounts payable17/49€198k€153k
Amounts payable after more than one year17€111k€92k
Financial debts170/4€111k€92k
Amounts payable within one year42/48€87k€59k
Current portion of amounts payable after more than one year42€19k€19k
Trade debts44€29k€7k
Suppliers440/4€29k€7k
Taxes, remuneration and social security45€38k€33k
Taxes450/3€22k€18k
Remuneration and social security454/9€16k€15k
Accrued charges and deferred income492/3-€3k
Income statement Code20242025
Remuneration, social security and pensions62€176k€160k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€28k
Other operating charges640/8€2k€2k
Gross operating margin9900€213k€247k
Operating profit (loss)9901€9k€57k
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B€2k€6k
Recurring financial charges65€2k€6k
Profit (loss) for the period before taxes9903€9k€54k
Income taxes67/77€4k€16k
Profit (loss) for the period9904€5k€37k
Profit (loss) for the period to be appropriated9905€5k€37k
Appropriation of the result
Profit (loss) to be appropriated9906€5k€37k
Transfer to equity691/2€5k€37k
To other reserves6921€5k€37k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2023net €37k ▲603%
Operating result €57k, net result €37k, both a record.
18-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial Weakest financial yearnet €5k ▼82.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150kEq €151k ▲3.6%
2 profitable years in a row build equity to €151k.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Turnhout · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Koning Albertstraat 192300 Turnhout
Ground area
476 m²
Building footprint
476 m²
Volume, LiDAR
2,794 m³
Parcel 13454Q0073/00L000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koning Albertstraat 19, 2300 Turnhout
Wholesale trade
since 20132.220.828.460
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13454Q0073/00L000 Flanders 476 m² 1 · 476 m² 9.6 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.

Similar companies · same sector, comparable size

Of 7,353 companies in sector 81210 we hold annual accounts for 2,734. 1,967 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-07-2013
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.