Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Back in profit in 2025, after a loss of €74,326 in 2024.
Of this, €302,335 falls due within a year.
In 2025, 760 short contracts started and 762 ended, on average 29 hours worked per contract. Staff averaged 14 full-time equivalents.
VERBORT pays its suppliers 20 days later than in 2024. Customers pay 1 day earlier.
Less equity than 86% of companies in food and beverage service. Sector median €28,354 · 18,541 companies.
In July 2024, 822 companies had the same profile as VERBORT has now. Each dot stands for 3 companies, two years later.
Another 1.5% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 822 companies, not a prediction for VERBORT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VERBORT Burdinne | €298,487 | €665,907 | -10.3% | - |
| SAS Leuven | €308,873 | €768,042 | 28.8% | - |
| LA TABLE DU TRY Lasne | €291,353 | €688,091 | -23.0% | - |
| A&S Hoogstraten Hoogstraten | €319,392 | €558,335 | 69.6% | - |
| Charno Herk-de-Stad | €258,458 | €692,400 | 18.1% | 7.9 |
| MAC & CIE Soumagne | €388,684 | €725,203 | -27.5% | - |
| MAYONNAISE Chaudfontaine | €374,004 | €517,138 | 20.1% | - |
These companies have the same main activity as VERBORT: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €258,000 and €389,000, founded between 2022 and 2023.
Solvency rose in 2025 from -24.6% to -10.3% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 22% of 18,509 companies in 2025.
Higher than 25% of 17,864 companies in 2025.
Higher than 66% of 17,961 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 760 short contracts started and 762 ended, on average 29 hours worked per contract. Staff averaged 14 full-time equivalents.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
298,487 | 261,961 | |
20 |
0 | 0 | |
21/28 |
142,690 | 146,878 | |
21 |
37,916 | 42,916 | |
22/27 |
104,774 | 103,962 | |
22 |
56,772 | 63,257 | |
23 |
25,935 | 28,340 | |
24 |
22,068 | 12,365 | |
29/58 |
155,797 | 115,082 | |
3 |
25,963 | 13,318 | |
30/36 |
25,963 | 13,318 | |
40/41 |
15,384 | 17,999 | |
40 |
0 | 9,014 | |
41 |
15,384 | 8,985 | |
54/58 |
112,308 | 83,766 | |
490/1 |
2,142 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
298,487 | 261,961 | |
10/15 |
-30,785 | -64,326 | |
10/11 |
10,000 | 10,000 | |
14 |
-40,785 | -74,326 | |
17/49 |
329,272 | 326,287 | |
17 |
26,937 | 42,136 | |
170/4 |
26,937 | 42,136 | |
42/48 |
302,335 | 284,103 | |
42 |
15,199 | 14,517 | |
44 |
178,382 | 186,850 | |
440/4 |
178,382 | 186,850 | |
45 |
108,754 | 82,736 | |
450/3 |
17,475 | 19,693 | |
454/9 |
91,278 | 63,043 | |
47/48 |
0 | 0 | |
492/3 |
0 | 48 | |
| Income statement | |||
70 |
1.9m | 2.9m | |
9900 |
665,907 | 816,911 | |
60/61 |
1.2m | 2.0m | |
62 |
589,578 | 855,367 | |
630 |
23,622 | 16,105 | |
640/8 |
8,550 | 155 | |
9901 |
44,158 | -54,715 | |
75/76B |
3 | 149 | |
75 |
3 | 149 | |
65/66B |
10,236 | 19,761 | |
65 |
10,236 | 19,761 | |
9903 |
33,924 | -74,326 | |
67/77 |
383 | - | |
9904 |
33,541 | -74,326 | |
9905 |
33,541 | -74,326 | |
| Appropriation of the result | |||
9906 |
-40,785 | -74,326 | |
14P |
-74,326 | - | |
| Social balance sheet | |||
9087 |
13.8 | 12.2 | |
Hours worked1013 |
21,908 | 31,038 | |
| Document | |||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 67,780 | -38,610 | ||
| 57,163 | -58,222 | ||
| 19,433 | 160,721 | ||
| 28,542 | - | ||
| -146,538 | -169,020 | ||
| 2.3% | -1.9% | ||
| -10.3% | -24.6% | ||
| 0.52 | 0.41 | ||
| 0.43 | 0.36 | ||
| 11.2% | -28.4% | ||
| 6.62 | -1.95 | ||
| 0 days | 1 day | ||
| 53 days | 33 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 13 | 15 |
| full-time | 7 | 8 |
| part-time | 6 | 7 |
| in full-time equivalents | 10.1 | 11.3 |
| 13.8 | 12.2 | |
| On a permanent contract | 10 | 12 |
| Joined | 760 | 274 |
| Left | 762 | 259 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €19,433 | €110,721 |
| Intangible fixed assets | €0 | €50,000 |
| €23,622 | €16,105 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €44,158, after a loss of €54,715 in 2024.
Equity is negative. Debt (€329,272) exceeds the balance-sheet total (€298,487).
VERBORT has no parent and no holdings in its annual accounts. is the only director. VERBORT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Rue du Marbuay 3 registered office 4210 Burdinne | |||
| LUNCH GARDEN 619 TIENEN Albertvest 15, 3300 Tienen | 27-06-2023 | 2.347.103.060 | Restaurant |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24107B0073/00W000 | Flanders | 1.8 ha | 1 · 1.1 ha | 17.1 m · 3 |
| 61025A0196/00P000 | Wallonia | 1,119 m² | 1 · 92 m² | 6.8 m · 2 |
If something looks wrong or is missing, please tell us.