Skip to content

VERBOCO

Active
Private limited companyfounded 198640 yrs activeCromekestraat 4, 9850 Deinze, BelgiumKBO/BCE: BE 0428.401.488
Summary

VERBOCO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181,839 and a net result of -€4,470. Equity is shrinking by ~3.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability16▼-17
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
cash: 38.2% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
30 d late
2023
30 d late
2022
28 d late
2021
30 d late
2020
31 d late
2019
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 38 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VERBOCO was incorporated on 6 January 1986.1 Total assets fell from EUR 291,548 in 2018 to EUR 181,839 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€181,839▼ 2.4%
2024 · €186,309
Total assets
€181,839▼ 2.4%
2024 · €186,309
Net result
-€4,470▼ 39.1%
2024 · -€3,213
Working capital
€194,069▼ 4.9%
2018 · €204,171
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€8,246▲ 55.5%-€3,228▲ 60.9%-€4,778▼ 48.0%-€3,899▲ 18.4%-€4,620▼ 18.5%
Net result-€8,357▲ 55.1%-€3,353▲ 59.9%-€4,547▼ 35.6%-€3,213▲ 29.3%-€4,470▼ 39.1%
Equity€197,421▼ 4.1%€194,069▼ 1.7%€189,522▼ 2.3%€186,309▼ 1.7%€181,839▼ 2.4%
Total assets€197,421▼ 4.1%€194,574▼ 1.4%€189,522▼ 2.6%€186,309▼ 1.7%€181,839▼ 2.4%
Debt€506
Working capital€194,069
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: -€8,246-€8,246Net result 2021: -€8,357-€8,357Operating result 2022: -€3,228-€3,228Net result 2022: -€3,353-€3,353Operating result 2023: -€4,778-€4,778Net result 2023: -€4,547-€4,547Operating result 2024: -€3,899-€3,899Net result 2024: -€3,213-€3,213Operating result 2025: -€4,620-€4,620Net result 2025: -€4,470-€4,47020212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€4,778-€4,780Net result 2023: -€4,547-€4,550Operating result 2024: -€3,899-€3,900Net result 2024: -€3,213-€3,210Operating result 2025: -€4,620-€4,620Net result 2025: -€4,470-€4,470202320242025
The operating result stays negative: a loss of €4,620 in 2025 against €3,899 in 2024; the loss grows.
Balance-sheet composition
Assets €181,839
Fixed assets €7,662
Current assets €174,177
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,449
Cash flow
-€3,299
Solvency
100.0%=
2024 · 100.0%
ROE
-2.5%▼
2024 · -1.7%
ROA
-2.5%▼
2024 · -1.7%
Interest coverage
-23.23
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 12,321 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€186,309€181,839▼
Fixed assets21/28-€7,662
Tangible fixed assets22/27-€7,662
Furniture and vehicles24-€7,662
Current assets29/58€186,309€174,177▼
Amounts receivable within one year40/41€57,022€54,707▼
Other amounts receivable41€57,022€54,707▼
Current investments50/53-€50,000
Cash at bank and in hand54/58€129,287€69,470▼
Equity and liabilities
Total equity and liabilities10/49€186,309€181,839▼
Equity10/15€186,309€181,839▼
Contributions10/11€18,741€18,741=
Reserves13€167,568€163,098▼
Distributable reserves133€167,568€163,098▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,171
Other operating charges640/8€180€184▲
Gross operating margin9900-€3,719-€3,265▲
Operating profit (loss)9901-€3,899-€4,620▼
Financial income75/76B€848€298▼
Recurring financial income75€848€298▼
Financial charges65/66B€162€148▼
Recurring financial charges65€162€148▼
Profit (loss) for the period before taxes9903-€3,213-€4,470▼
Profit (loss) for the period9904-€3,213-€4,470▼
Profit (loss) for the period to be appropriated9905-€3,213-€4,470▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,213-€4,470▼
Transfer from equity791/2€3,213€4,470▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€1,171-
Other operating charges640/8€848€34€169€180€184▲ 2.6%
Gross operating margin9900-€7,397-€3,194-€4,609-€3,719-€3,265▲ 12.2%
Operating profit (loss)9901-€8,246-€3,228-€4,778-€3,899-€4,620▼ 18.5%
Financial income75/76B-€3€516€848€298▼ 64.8%
Recurring financial income75-€3€516€848€298▼ 64.8%
Financial charges65/66B€111€127€131€162€148▼ 8.6%
Recurring financial charges65€111€127€131€162€148▼ 8.6%
Profit (loss) for the period before taxes9903-€8,357-€3,353-€4,392-€3,213-€4,470▼ 39.1%
Income taxes67/77--€155---
Profit (loss) for the period9904-€8,357-€3,353-€4,547-€3,213-€4,470▼ 39.1%
Profit (loss) for the period to be appropriated9905-€8,357-€3,353-€4,547-€3,213-€4,470▼ 39.1%
Line20212022202320242025Change
Assets
Total assets20/58€197,421€194,574€189,522€186,309€181,839▼ 2.4%
Fixed assets21/28----€7,662-
Tangible fixed assets22/27----€7,662-
Furniture and vehicles24----€7,662-
Current assets29/58€197,421€194,574€189,522€186,309€174,177▼ 6.5%
Amounts receivable within one year40/41€53,624€51,029€51,987€57,022€54,707▼ 4.1%
Other amounts receivable41€53,624€51,029€51,987€57,022€54,707▼ 4.1%
Current investments50/53----€50,000-
Cash at bank and in hand54/58€142,840€142,587€137,535€129,287€69,470▼ 46.3%
Deferred charges and accrued income490/1€958€958----
Equity and liabilities
Total equity and liabilities10/49€197,421€194,574€189,522€186,309€181,839▼ 2.4%
Equity10/15€197,421€194,069€189,522€186,309€181,839▼ 2.4%
Contributions10/11€18,741€18,741€18,741€18,741€18,741=
Reserves13€178,680€175,328€170,781€167,568€163,098▼ 2.7%
Non-distributable reserves130/1€1,874€1,874----
Reserves not available under the articles1311€1,874€1,874----
Distributable reserves133€176,806€173,454€170,781€167,568€163,098▼ 2.7%
Amounts payable17/49-€506----
Amounts payable within one year42/48-€506----
Trade debts44-€506----
Suppliers440/4-€506----
Line20212022202320242025Change
Profit (loss) for the period9904-€8,357-€3,353-€4,547-€3,213-€4,470▼ 39.1%
+ Depreciation and write-downs630----€1,171-
Operating cash flow (approximation)-€8,357-€3,353-€4,547-€3,213-€3,299▼ 2.7%
Change in cash--€252-€5,053-€8,247-€59,817▼ 625%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial Weakest financial yearnet -€34,503
Net result drops to -€34,503, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
06-06
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 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Deinze
exact location from the address register On OpenStreetMap
Ground area
1,611 m²
Building footprint
168 m²
Volume, LiDAR
761 m³
Parcel 44027A0719/00H000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44027A0719/00H000 Flanders 1,611 m² 1 · 168 m² 6.7 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded06-01-1986
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.