VERBALU
The file of VERBALU contains 1 judicial reorganisation and 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2021 annual accounts show equity of €8k and a net result of €-195k. Equity is shrinking by ~61.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2022. Its solvency ranks better than 8% of 289 sector peers (fiscal year 2021).
| Equity | €8k |
| Net result | €-195k |
| Staff (FTE) | 35.6 |
| Better than sector | 8% |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.2% | 35.3% | |
| Net result | €-195k | €21k | |
| Equity | €8k | €76k | |
| Staff costs | €2.03M | €146k | |
| Employees (FTE) | 35.6 | 6.7 |
| Fiscal year | 2021 |
|---|---|
| Revenue | €10.78M |
| EBITDA | €193k |
| Net profit | €-195k |
| Cash flow | €125k |
| Staff costs | €2.03M |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €4.55M |
| Equity | €8k |
| Debt | €4.54M |
| of which ≤ 1y | €3.53M |
| of which > 1y | €1.01M |
| Working capital | €-1.17M |
| Employees (FTE) | 35.6 |
| 2021 | |
|---|---|
| Current ratio | 0.67 |
| Quick ratio | 0.55 |
| Working capital ratio | -25.7% |
| Solvency | 0.2% |
| Debt / equity | 598.99 |
| Long-term debt ratio | 133.20 |
| Interest coverage | 3.07 |
| Gross margin | 36.3% |
| Net margin | -1.8% |
| ROA | -4.3% |
| ROE | -2565.1% |
| EBITDA margin | 1.8% |
| Days sales outstanding | 60d |
| Days payable outstanding | 112d |
| Inventory turnover | 15.82 |
| Days inventory (DSI) | 23d |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.55M |
| Fixed assets | 21/28 | €2.18M |
| Intangible fixed assets | 21 | €1.19M |
| Tangible fixed assets | 22/27 | €996k |
| Financial fixed assets | 28 | €799 |
| Current assets | 29/58 | €2.36M |
| Stocks & contracts in progress | 3 | €434k |
| Amounts receivable within one year | 40/41 | €1.77M |
| Cash & bank | 54/58 | €93k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.55M |
| Equity | 10/15 | €8k |
| Contributions / capital | 10/11 | €250k |
| Reserves | 13 | €264 |
| Accumulated profits (losses) | 14 | €-243k |
| Amounts payable | 17/49 | €4.54M |
| Amounts payable after one year | 17 | €1.01M |
| Amounts payable within one year | 42/48 | €3.53M |
| Trade debts payable within one year | 44 | €2.11M |
| Income statement | ||
| Turnover | 70 | €10.78M |
| Operating result | 9901 | €-127k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €70k |
| Result before taxes | 9903 | €-193k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-195k |
| Result to be appropriated | 9905 | €-195k |
| NACE primary | Joinery(43320) |
| Legal form | Public limited company(014) |
| Incorporation | 26-11-2018 |
| Status | Active |
| Postal code | 2220 |
| First BS signal | 07-10-2022 |
| Latest BS signal | 04-05-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K0798/00E000 | Flanders | 6,249 m² | 1 · 4,525 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-06-2022 Registered office moved within Heist-op-den-Berg
- Westmeerbeeksteenweg 47, 2221 Heist-op-den-Berg (Booischot) → Knotwilgenweg 29 te 2220 Heist-op-den-Berg
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Knotwilgenweg 29 te 2220 Heist-op-den-Berg",
"city": "Heist-op-den-Berg",
"region": "vlaams_gewest",
"street": "Knotwilgenweg",
"country": "BE",
"postcode": "2220",
"box_number": null,
"street_number": "29",
"locality_suffix": null
},
"old_address": {
"raw": "Westmeerbeeksteenweg 47, 2221 Heist-op-den-Berg (Booischot)",
"city": "Heist-op-den-Berg",
"region": "vlaams_gewest",
"street": "Westmeerbeeksteenweg",
"country": "BE",
"postcode": "2221",
"box_number": null,
"street_number": "47",
"locality_suffix": "(Booischot)"
},
"effective_date": "2022-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-06-02",
"filing_date": "2022-05-24",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-03-31",
"unanimous": null
},
"subject_company": {
"kbo": "0713.883.178",
"name_full": "VERBALU",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "VeronaPro Groep NV",
"person_name": null,
"org_rep_person_name": "Eric van Zuijlen",
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VERBALU |