VERBECO
ActiveVERBECO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €5k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 51% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-14
Solvency56▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.33 in 2024; short-term debt: 25.3% and cash: 25.2% of total assets), but 68.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.5%
Return on assets
2.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
39 d early
2023
36 d early
2022
19 d early
2021
4 d early
2020
9 d early
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€73k▲ 7.8%
2024 · €67k
2019: €15k
2020: €21k
2021: €35k
2022: €34k
2023: €40k
2024: €67k
2019 → 2025
Total assets
€231k▲ 16.0%
2024 · €199k
2019: €92k
2020: €110k
2021: €80k
2022: €74k
2023: €89k
2024: €199k
2019 → 2025
Net result
€5k▼ 80.5%
2024 · €27k
2019: €-3k
2020: €6k
2021: €14k
2022: €-501
2023: €6k
2024: €27k
2019 → 2025
Working capital
€62k▲ 205%
2024 · €20k
2019: €-7k
2020: €853
2021: €12k
2022: €16k
2023: €16k
2024: €20k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€34k▼ 1.5%€40k▲ 18.8%€67k▲ 66.9%€73k▲ 7.8%
Operating result€18k-€4k▼ 80.9%€13k▲ 265%€37k▲ 190%€18k▼ 51.7%
Net result€14k-€-501€6k€27k▲ 324%€5k▼ 80.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€111k▼ 5.7%
Current assets
€120k▲ 46.9%
Equity and liabilities €231k
Equity
€73k▲ 7.8%
Debt
€158k▲ 20.1%
The debt ratio rises from 66.1% to 68.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▼
2024 · €58k
Cash flow
€35k▼
2024 · €48k
Solvency
31.5%▼
2024 · 33.9%
Current ratio
2.06▲
2024 · 1.33
Quick ratio
2.06▲
2024 · 1.33
Debt / equity
2.18▲
2024 · 1.95
ROE
7.2%▼
2024 · 40.1%
ROA
2.3%▼
2024 · 13.6%
Interest coverage
11.65▼
2024 · 19.61
Debt
€158k▲
2024 · €132k
Debt ≤ 1 year
€58k▼
2024 · €62k
Debt > 1 year
€100k▲
2024 · €70k
Income taxes
€9k▲
2024 · €7k
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€199k€231k▲
Fixed assets21/28€117k€111k▼
Tangible fixed assets22/27€117k€111k▼
Land and buildings22€3k€23k▲
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€114k€88k▼
Current assets29/58€82k€120k▲
Amounts receivable within one year40/41€42k€61k▲
Trade receivables40€37k€53k▲
Other amounts receivable41€5k€8k▲
Cash at bank and in hand54/58€40k€58k▲
Deferred charges and accrued income490/1-€957
Equity and liabilities
Total equity and liabilities10/49€199k€231k▲
Equity10/15€67k€73k▲
Contributions10/11€20k€20k=
Reserves13€53k€53k=
Distributable reserves133€53k€53k=
Profit (loss) carried forward14€-6k€-319▲
Amounts payable17/49€132k€158k▲
Amounts payable after more than one year17€70k€100k▲
Financial debts170/4€70k€100k▲
Amounts payable within one year42/48€62k€58k▼
Current portion of amounts payable after more than one year42€25k€40k▲
Trade debts44€18k€1k▼
Suppliers440/4€18k€1k▼
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€12k€13k▲
Other amounts payable47/48€6k€3k▼
Accrued charges and deferred income492/3-€245
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€30k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€60k€51k▼
Operating profit (loss)9901€37k€18k▼
Financial income75/76B€46-
Recurring financial income75€46-
Non-recurring financial income76B€46-
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€34k€14k▼
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€27k€5k▼
Profit (loss) for the period to be appropriated9905€27k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-319▼
Profit (loss) brought forward from the previous period14P€-6k€-6k=
Transfer to equity691/2€27k-
To other reserves6921€27k-
The notes to these accounts (7 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
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €27k ▲324%
Operating result €37k, net result €27k, both a record.
2023
26-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Kortrijk · 1 establishment unit since 2012
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.
Hadewijchlaan(Kor) 258500 KortrijkGround area
1,021 m²
Building footprint
178 m²
Volume, LiDAR
1,108 m³
Parcel 34354C0900/00L003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verbeco
since 20122.210.574.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0900/00L003 | Flanders | 1,021 m² | 1 · 178 m² | 9.7 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
VERTICALE ENTREPRISE
BE 0758.688.072
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EXPRESSIS
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RASKIN IMMOBILIERE
BE 0450.678.727
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V&O W ESTATE
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ECO PROJECT IMMO
BE 0742.832.829
Quiévrain · Eq €73k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 5,221 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2012
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
71111Activities of building architects
74201Photography, excluding press photography
82990Other business support services
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.