VERBIM.
ActiveSummary
VERBIM. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,550 and a net result of -€29,435. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-61
Solvency91▲+5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.9 against 2.58 in 2024; short-term debt: 34.4% and cash: 73.1% of total assets), and 34.4% of the assets are financed with debt.
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Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.6%
Return on assets
-28.6%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
8 d early
2023
19 d early
2022
7 d early
2021
52 d early
2020
53 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€67,550▼ 30.4%
2024 · €96,985
Total assets
€103,021▼ 34.7%
2024 · €157,719
Net result
-€29,435
2024 · €38
Working capital
€67,345▼ 30.0%
2024 · €96,185
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€8,926▲ 16.5%€4,642€15,511▲ 234%€444▼ 97.1%-€29,110
Net result-€9,617below the sector's middle half▲ 9.9%€4,213within the sector's middle half€14,245within the sector's middle half▲ 238%€38below the sector's middle half▼ 99.7%-€29,435below the sector's middle half
Equity€78,488within the sector's middle half▼ 10.9%€82,701within the sector's middle half▲ 5.4%€96,946within the sector's middle half▲ 17.2%€96,985within the sector's middle half=€67,550within the sector's middle half▼ 30.4%
Total assets€149,060within the sector's middle half▼ 2.0%€155,957within the sector's middle half▲ 4.6%€165,462within the sector's middle half▲ 6.1%€157,719within the sector's middle half▼ 4.7%€103,021within the sector's middle half▼ 34.7%
Debt€70,571▲ 10.2%€73,256▲ 3.8%€68,516▼ 6.5%€60,735▼ 11.4%€35,471▼ 41.6%
Working capital€75,909within the sector's middle half▼ 13.7%€80,718within the sector's middle half▲ 6.3%€95,551above the sector's middle half▲ 18.4%€96,185above the sector's middle half▲ 0.7%€67,345within the sector's middle half▼ 30.0%
Solvency52.7%within the sector's middle half▼ 5.3pp53.0%within the sector's middle half▲ 0.4pp58.6%within the sector's middle half▲ 5.6pp61.5%within the sector's middle half▲ 2.9pp65.6%within the sector's middle half▲ 4.1pp
Current ratio2.08within the sector's middle half▼ 0.302.10within the sector's middle half▲ 0.032.39within the sector's middle half▲ 0.292.58within the sector's middle half▲ 0.192.90within the sector's middle half▲ 0.31
Return on assets (ROA)-6.5%below the sector's middle half▲ 0.6pp2.7%within the sector's middle half▲ 9.2pp8.6%within the sector's middle half▲ 5.9pp0.0%below the sector's middle half▼ 8.6pp-28.6%below the sector's middle half▼ 28.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €29,110 after €444 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,021
Fixed assets
€205 ▼ 74.4%
Current assets
€102,816 ▼ 34.5%
Equity and liabilities €103,021
Equity
€67,550 ▼ 30.4%
Debt
€35,471 ▼ 41.6%
Debt's share of the balance-sheet total falls from 38.5% to 34.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€28,515▼
2024 · €1,040
Cash flow
-€28,839▼
2024 · €634
Quick ratio
2.49▲
2024 · 2.20
Debt to equity
0.53▼
2024 · 0.63
ROE
-43.6%▼
2024 · 0.0%
Interest coverage
-127.42▼
2024 · 5.06
Debt ≤ 1 year
€35,471▼
2024 · €60,735
Income taxes
€224▲
2024 · €210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €586 | €596 | €596 | €596 | €596 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€2,902 | €0 | ▲ 100% |
| Other operating charges640/8 | €844 | €2,162 | €1,829 | €7,732 | €2,077 | ▼ 73.1% |
| Gross operating margin9900 | -€7,496 | €7,399 | €17,936 | €5,870 | -€26,438 | ▼ 550% |
| Operating profit (loss)9901 | -€8,926 | €4,642 | €15,511 | €444 | -€29,110 | ▼ 6,655% |
| Financial income75/76B | €170 | €23 | €23 | €10 | €123 | ▲ 1,152% |
| Recurring financial income75 | €170 | €23 | €23 | €10 | €123 | ▲ 1,152% |
| Financial charges65/66B | €255 | €233 | €229 | €205 | €224 | ▲ 9.0% |
| Recurring financial charges65 | €255 | €233 | €229 | €205 | €224 | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | -€9,012 | €4,431 | €15,305 | €249 | -€29,211 | ▼ 11,850% |
| Income taxes67/77 | €605 | €218 | €1,060 | €210 | €224 | ▲ 6.7% |
| Profit (loss) for the period9904 | -€9,617 | €4,213 | €14,245 | €38 | -€29,435 | ▼ 76,954% |
| Transfer from tax-exempt reserves789 | €4,035 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€5,582 | €4,213 | €14,245 | €38 | -€29,435 | ▼ 76,954% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149,060 | €155,957 | €165,462 | €157,719 | €103,021 | ▼ 34.7% |
| Fixed assets21/28 | €2,587 | €1,991 | €1,396 | €800 | €205 | ▼ 74.4% |
| Tangible fixed assets22/27 | €2,587 | €1,991 | €1,396 | €800 | €205 | ▼ 74.4% |
| Plant, machinery and equipment23 | €2,587 | €1,991 | €1,396 | €800 | €205 | ▼ 74.4% |
| Current assets29/58 | €146,473 | €153,966 | €164,066 | €156,919 | €102,816 | ▼ 34.5% |
| Stocks and contracts in progress3 | - | - | - | €23,059 | €14,414 | ▼ 37.5% |
| Stocks30/36 | - | - | - | €10,517 | €2,414 | ▼ 77.0% |
| Contracts in progress37 | - | - | - | €12,542 | €12,000 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €37,235 | €39,762 | €22,979 | €7,233 | €10,702 | ▲ 48.0% |
| Trade receivables40 | €17,902 | €39,318 | €18,189 | - | €7,799 | - |
| Other amounts receivable41 | €19,333 | €443 | €4,790 | €7,233 | €2,903 | ▼ 59.9% |
| Cash at bank and in hand54/58 | €106,059 | €112,101 | €139,811 | €124,223 | €75,355 | ▼ 39.3% |
| Deferred charges and accrued income490/1 | €3,178 | €2,103 | €1,277 | €2,404 | €2,344 | ▼ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149,060 | €155,957 | €165,462 | €157,719 | €103,021 | ▼ 34.7% |
| Equity10/15 | €78,488 | €82,701 | €96,946 | €96,985 | €67,550 | ▼ 30.4% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €69,820 | €69,820 | €78,320 | €78,320 | €78,320 | = |
| Non-distributable reserves130/1 | €0 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €0 | €0 | - | - | - | - |
| Distributable reserves133 | €69,820 | €69,820 | €78,320 | €78,320 | €78,320 | = |
| Profit (loss) carried forward14 | -€9,882 | -€5,669 | €77 | €115 | -€29,320 | ▼ 25,634% |
| Amounts payable17/49 | €70,571 | €73,256 | €68,516 | €60,735 | €35,471 | ▼ 41.6% |
| Amounts payable within one year42/48 | €70,564 | €73,248 | €68,516 | €60,735 | €35,471 | ▼ 41.6% |
| Trade debts44 | €3,328 | €3,724 | €472 | €1,396 | €506 | ▼ 63.8% |
| Suppliers440/4 | €3,328 | €3,724 | €472 | €1,396 | €506 | ▼ 63.8% |
| Advances received on contracts in progress46 | €6,000 | €6,000 | €6,000 | - | - | - |
| Taxes, remuneration and social security45 | €1,800 | €2,018 | €3,833 | €2,650 | €1,499 | ▼ 43.4% |
| Taxes450/3 | €1,800 | €2,018 | €3,833 | €2,650 | €1,499 | ▼ 43.4% |
| Other amounts payable47/48 | €59,436 | €61,505 | €58,210 | €56,688 | €33,466 | ▼ 41.0% |
| Accrued charges and deferred income492/3 | €8 | €8 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,617 | €4,213 | €14,245 | €38 | -€29,435 | ▼ 76,954% |
| + Depreciation and write-downs630 | €586 | €596 | €596 | €596 | €596 | = |
| Operating cash flow (approximation) | -€9,031 | €4,809 | €14,841 | €634 | -€28,839 | ▼ 4,650% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €6,042 | €27,710 | -€15,587 | -€48,868 | ▼ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€29,435
Net result drops to -€29,435, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €14,245 ▲238%
Operating result €15,511, net result €14,245, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4,213
Net result €4,213 after 4 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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 1999
Ground area
351 m²
Building footprint
92 m²
Volume, LiDAR
518 m³
Parcel 34007A0115/00R008, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Meensesteenweg(Bis) 404, 8501 Kortrijk
since 19992.091.986.825
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34007A0115/00R008 | Flanders | 351 m² | 1 · 92 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,960 companies in sector 43331 we hold annual accounts for 1,788. 1,558 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465861603
Also
9925:BE0465861603
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.