VERBIEST E.T.I.
ActiveVERBIEST E.T.I. has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €385k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 40% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-6
Solvency61▼-8
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.74 in 2024; short-term debt: 58.4% and cash: 31.5% of total assets), and 63.7% 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 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
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
36.3%
Return on assets
10.9%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
29 d early
2023
37 d early
2022
18 d early
2021
24 d early
2020
17 d early
2019
29 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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.28M▼ 29.3%
2024 · €1.82M
2018: €1.70M
2019: €1.88M
2021: €1.35M
2022: €1.59M
2023: €1.78M
2024: €1.82M
2018 → 2025
Total assets
€3.53M▼ 15.1%
2024 · €4.16M
2018: €3.12M
2019: €4.59M
2021: €2.86M
2022: €4.16M
2023: €4.81M
2024: €4.16M
2018 → 2025
Net result
€385k▼ 41.1%
2024 · €654k
2018: €234k
2019: €181k
2021: €122k
2022: €535k
2023: €496k
2024: €654k
2018 → 2025
Working capital
€1.01M▼ 37.9%
2024 · €1.63M
2018: €1.11M
2019: €1.26M
2021: €1.24M
2022: €1.50M
2023: €1.56M
2024: €1.63M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.35M-€1.59M▲ 17.3%€1.78M▲ 12.3%€1.82M▲ 1.8%€1.28M▼ 29.3%
Operating result€210k-€665k▲ 217%€622k▼ 6.6%€837k▲ 34.6%€477k▼ 43.0%
Net result€122k-€535k▲ 338%€496k▼ 7.4%€654k▲ 31.9%€385k▼ 41.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.53M
Fixed assets
€458k▲ 33.5%
Current assets
€3.08M▼ 19.5%
Equity and liabilities €3.53M
Equity
€1.28M▼ 29.3%
Debt
€2.25M▼ 4.1%
The debt ratio rises from 56.4% to 63.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€598k▼
2024 · €952k
Cash flow
€506k▼
2024 · €770k
Solvency
36.3%▼
2024 · 43.6%
Current ratio
1.49▼
2024 · 1.74
Quick ratio
1.33▼
2024 · 1.65
Debt / equity
1.75▲
2024 · 1.29
ROE
30.0%▼
2024 · 36.0%
ROA
10.9%▼
2024 · 15.7%
Interest coverage
13.48▼
2024 · 18.37
Debt
€2.25M▼
2024 · €2.35M
Debt ≤ 1 year
€2.07M▼
2024 · €2.19M
Debt > 1 year
€186k▲
2024 · €115k
Income taxes
€61k▼
2024 · €135k
Staff costs
€1.57M▼
2024 · €1.62M
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€4.16M€3.53M▼
Fixed assets21/28€343k€458k▲
Intangible fixed assets21€320€14k▲
Tangible fixed assets22/27€343k€444k▲
Land and buildings22€2k€70k▲
Plant, machinery and equipment23€140k€138k▼
Furniture and vehicles24€160k€202k▲
Other tangible fixed assets26€40k€34k▼
Financial fixed assets28€350€350=
Current assets29/58€3.82M€3.08M▼
Stocks and contracts in progress3€196k€334k▲
Stocks30/36€185k€220k▲
Contracts in progress37€11k€114k▲
Amounts receivable within one year40/41€1.91M€1.52M▼
Trade receivables40€1.68M€1.31M▼
Other amounts receivable41€231k€211k▼
Cash at bank and in hand54/58€1.71M€1.11M▼
Deferred charges and accrued income490/1€7k€107k▲
Equity and liabilities
Total equity and liabilities10/49€4.16M€3.53M▼
Equity10/15€1.82M€1.28M▼
Contributions10/11€19k€19k=
Reserves13€1.80M€1.26M▼
Distributable reserves133€1.80M€1.26M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.35M€2.25M▼
Amounts payable after more than one year17€115k€186k▲
Financial debts170/4€115k€186k▲
Amounts payable within one year42/48€2.19M€2.07M▼
Current portion of amounts payable after more than one year42€63k€95k▲
Financial debts43€168k€143k▼
Credit institutions430/8€168k€143k▼
Trade debts44€1.28M€1.30M▲
Suppliers440/4€1.28M€1.30M▲
Taxes, remuneration and social security45€278k€228k▼
Taxes450/3€31k€17k▼
Remuneration and social security454/9€247k€211k▼
Other amounts payable47/48€401k€301k▼
Accrued charges and deferred income492/3€38k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€1.62M€1.57M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€121k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€24k€35k▲
Gross operating margin9900€2.59M€2.20M▼
Operating profit (loss)9901€837k€477k▼
Financial income75/76B€4k€14k▲
Recurring financial income75€4k€14k▲
Financial charges65/66B€52k€44k▼
Recurring financial charges65€52k€44k▼
Profit (loss) for the period before taxes9903€789k€447k▼
Income taxes67/77€135k€61k▼
Profit (loss) for the period9904€654k€385k▼
Profit (loss) for the period to be appropriated9905€654k€385k▼
Appropriation of the result
Profit (loss) to be appropriated9906€654k€385k▼
Transfer from equity791/2€221k€618k▲
Transfer to equity691/2€254k€85k▼
To other reserves6921€254k€85k▼
Profit to be distributed694/7€621k€918k▲
Return on contributions (dividend)694€221k€618k▲
Directors or managers695€400k€300k▼
Social balance
Average headcount (FTE)908724.123.1▼
The notes to these accounts (22 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €654k ▲31.9%
Operating result €837k, net result €654k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €122k ▼32.4%
Net result drops to €122k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Genk · 1 establishment unit since 1990
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.
Eikelaarstraat 17A3600 GenkGround area
5,337 m²
Building footprint
1,874 m²
Volume, LiDAR
6,956 m³
Parcel 71305F1335/00L002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERBIEST E.T.I.
since 19902.046.477.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F1335/00L002 | Flanders | 5,337 m² | 1 · 1,874 m² | 6.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 11,065 EUR awarded · 9,552 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,512 EUR | 1,954 EUR |
| 2024 | 2 | 3,883 EUR | 2,939 EUR |
| 2023 | 2 | 1,519 EUR | 1,745 EUR |
| 2022 | 2 | 3,151 EUR | 2,914 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
4 categoriesVERBIEST E.T.I. BV21538
Dual-learning approval
5 live approvals · 4 endedElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Installateur elektrotechnische basiscomponenten duaal (so)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 3,967 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-1989
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.