VERBLINT
ActiveSummary
VERBLINT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of €123,782. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 70% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+8
Solvency83▲+14
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.08 in 2023; short-term debt: 28.6% and cash: 4.8% of total assets), and 42% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
Real estate activities (NACE 68)
about 43% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58%
Return on assets
6%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €1.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
26 d early
2022
33 d early
2021
25 d early
2020
18 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1.2m▲ 11.6%
2023 · €1.1m
Total assets
€2.1m▼ 15.4%
2023 · €2.4m
Net result
€123,782
2023 · -€10,745
Working capital
-€486,614▲ 47.9%
2023 · -€933,406
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20202021202220232024
Operating result€742▼ 93.4%€12,917▲ 1,641%€5,131▼ 60.3%-€15,073€122,437
Net result€3,794within the sector's middle half▼ 70.6%€16,968within the sector's middle half▲ 347%€9,922within the sector's middle half▼ 41.5%-€10,745below the sector's middle half€123,782above the sector's middle half
Equity€1.1mabove the sector's middle half▲ 0.4%€1.1mabove the sector's middle half▲ 1.6%€1.1mabove the sector's middle half▲ 0.9%€1.1mabove the sector's middle half▼ 1.0%€1.2mabove the sector's middle half▲ 11.6%
Total assets€2.8mabove the sector's middle half▼ 2.7%€2.6mabove the sector's middle half▼ 5.5%€2.5mabove the sector's middle half▼ 5.9%€2.4mabove the sector's middle half▼ 2.3%€2.1mabove the sector's middle half▼ 15.4%
Debt€1.6m▼ 4.5%€1.4m▼ 10.3%€1.3m▼ 11.1%€1.2m▼ 3.0%€730,751▼ 40.1%
Working capital-€1.3m▲ 5.9%-€1.2m▲ 5.9%-€1.1m▲ 6.4%-€933,406▲ 15.4%-€486,614▲ 47.9%
Solvency37.6%within the sector's middle half▲ 1.2pp40.5%within the sector's middle half▲ 2.8pp43.4%within the sector's middle half▲ 2.9pp44.0%within the sector's middle half▲ 0.6pp58.0%within the sector's middle half▲ 14.0pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate 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 returns to profit in 2024: €122,437 after a loss of €15,073 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets
€2.0m ▼ 16.7%
Current assets
€102,323 ▲ 22.2%
Equity and liabilities €2.1m
Equity
€1.2m ▲ 11.6%
Provisions
€133,002 ▼ 6.1%
Debt
€730,751 ▼ 40.1%
Debt's share of the balance-sheet total falls from 50.2% to 35.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€231,503▲
2023 · €112,230
Cash flow
€232,848▲
2023 · €116,558
Current ratio
0.17▲
2023 · 0.08
Debt to equity
0.61▼
2023 · 1.14
ROE
10.4%▲
2023 · -1.0%
ROA
6.0%▲
2023 · -0.4%
Interest coverage
33.04▲
2023 · 27.96
Debt ≤ 1 year
€588,937▼
2023 · €1.0m
Debt > 1 year
€137,432▼
2023 · €198,398
Income taxes
€222▼
2023 · €235
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 74% 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 20,082 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €232 | €1,090 | €112,028 | ▲ 10,177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €130,320 | €127,474 | €127,112 | €127,303 | €109,066 | ▼ 14.3% |
| Other operating charges640/8 | - | €13,453 | €15,030 | €15,373 | €17,652 | ▲ 14.8% |
| Gross operating margin9900 | €144,348 | €153,844 | €147,273 | €127,603 | €249,155 | ▲ 95.3% |
| Operating profit (loss)9901 | €742 | €12,917 | €5,131 | -€15,073 | €122,437 | ▲ 912% |
| Financial income75/76B | - | €4 | - | €2 | - | - |
| Recurring financial income75 | €0 | €4 | - | €2 | - | - |
| Financial charges65/66B | - | €4,259 | €3,532 | €4,013 | €7,007 | ▲ 74.6% |
| Recurring financial charges65 | €5,235 | €4,259 | €3,532 | €4,013 | €7,007 | ▲ 74.6% |
| Profit (loss) for the period before taxes9903 | -€4,494 | €8,662 | €1,599 | -€19,084 | €115,429 | ▲ 705% |
| Transfer from deferred taxes780 | - | €8,574 | €8,574 | €8,574 | €8,574 | = |
| Income taxes67/77 | €287 | €269 | €252 | €235 | €222 | ▼ 5.4% |
| Profit (loss) for the period9904 | €3,794 | €16,968 | €9,922 | -€10,745 | €123,782 | ▲ 1,252% |
| Transfer from tax-exempt reserves789 | - | €16,644 | €16,644 | €16,644 | €16,644 | = |
| Profit (loss) for the period to be appropriated9905 | €20,439 | €33,612 | €26,566 | €5,900 | €140,426 | ▲ 2,280% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €2.6m | €2.5m | €2.4m | €2.1m | ▼ 15.4% |
| Fixed assets21/28 | €2.7m | €2.6m | €2.5m | €2.3m | €2.0m | ▼ 16.7% |
| Tangible fixed assets22/27 | €2.7m | €2.6m | €2.5m | €2.3m | €2.0m | ▼ 16.7% |
| Land and buildings22 | - | €2.6m | €2.4m | €2.3m | €1.9m | ▼ 16.8% |
| Plant, machinery and equipment23 | - | - | - | €6,749 | €5,361 | ▼ 20.6% |
| Furniture and vehicles24 | - | €39,662 | €19,831 | - | €3,099 | - |
| Current assets29/58 | €76,235 | €49,093 | €19,845 | €83,707 | €102,323 | ▲ 22.2% |
| Cash at bank and in hand54/58 | €73,112 | €44,036 | €16,766 | €78,639 | €98,957 | ▲ 25.8% |
| Deferred charges and accrued income490/1 | - | €5,057 | €3,079 | €5,068 | €3,366 | ▼ 33.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €2.6m | €2.5m | €2.4m | €2.1m | ▼ 15.4% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 11.6% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Capital10 | - | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Issued capital100 | - | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €405,955 | €389,310 | €372,666 | €356,022 | €339,377 | ▼ 4.7% |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | €308,113 | €291,469 | €274,824 | €258,180 | ▼ 6.1% |
| Distributable reserves133 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Profit (loss) carried forward14 | -€714,564 | -€680,953 | -€654,387 | -€648,487 | -€508,061 | ▲ 21.7% |
| Provisions and deferred taxes16 | €167,299 | €158,725 | €150,151 | €141,576 | €133,002 | ▼ 6.1% |
| Deferred taxes168 | - | €158,725 | €150,151 | €141,576 | €133,002 | ▼ 6.1% |
| Amounts payable17/49 | €1.6m | €1.4m | €1.3m | €1.2m | €730,751 | ▼ 40.1% |
| Amounts payable after more than one year17 | €230,526 | €180,526 | €132,477 | €198,398 | €137,432 | ▼ 30.7% |
| Financial debts170/4 | - | €179,166 | €129,166 | €193,758 | €132,792 | ▼ 31.5% |
| Other amounts payable178/9 | - | €1,360 | €3,310 | €4,640 | €4,640 | = |
| Amounts payable within one year42/48 | €1.3m | €1.2m | €1.1m | €1.0m | €588,937 | ▼ 42.1% |
| Current portion of amounts payable after more than one year42 | - | €50,000 | €50,000 | €61,409 | €61,861 | ▲ 0.7% |
| Trade debts44 | €8,996 | €11,638 | €9,170 | €12,413 | €9,146 | ▼ 26.3% |
| Suppliers440/4 | - | €11,638 | €9,170 | €12,413 | €9,146 | ▼ 26.3% |
| Taxes, remuneration and social security45 | - | €824 | €281 | €1,011 | €245 | ▼ 75.8% |
| Taxes450/3 | - | €824 | €281 | €1,011 | €245 | ▼ 75.8% |
| Other amounts payable47/48 | - | €1.2m | €1.1m | €942,280 | €517,685 | ▼ 45.1% |
| Accrued charges and deferred income492/3 | - | €6,487 | €2,030 | €4,502 | €4,383 | ▼ 2.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,794 | €16,968 | €9,922 | -€10,745 | €123,782 | ▲ 1,252% |
| + Depreciation and write-downs630 | €130,320 | €127,474 | €127,112 | €127,303 | €109,066 | ▼ 14.3% |
| Operating cash flow (approximation) | €134,114 | €144,442 | €137,033 | €116,558 | €232,848 | ▲ 99.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€6,940 | €283,603 | ▲ 4,187% |
| Change in cash | - | -€29,077 | -€27,269 | €61,873 | €20,318 | ▼ 67.2% |
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
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €123,782
Net result €123,782 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€10,745
Net result drops to -€10,745, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
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, Pelt · 1 establishment unit since 1996
Ground area
967 m²
Building footprint
168 m²
Volume, LiDAR
995 m³
Parcel 72033A0286/00S000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verprojects
since 19962.079.312.190
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033A0286/00S000 | Flanders | 967 m² | 1 · 168 m² | 8.3 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 3,761 companies in sector 68321 we hold annual accounts for 1,391. 751 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
68121Development of residential building projects
50400Inland freight water transport
64210Activities of holding companies
68110Buying and selling of own real estate
77210Renting and leasing of sports and recreation goods
Contact
E-mail
verprojects@icloud.com
Phone
0475/26 21 96
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459021618
Also
9925:BE0459021618
Registered
20-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.