Skip to content

VERBOVEN

Active
Public limited companyfounded 198145 years activeHerkenrodesingel 4A, 3500 Hasselt, BelgiumKBO/BCE: BE 0421.307.622
Summary

VERBOVEN has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €830,201. Equity is shrinking by about 3.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 11,063 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€6.5mtotal assets 2025
Equity
€3.3m
Profit
€830,201
Turnover not published (abridged schema)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Vestra Real Estate Group · 100%
Holdings
2
  • ArtasDirector · permanent representative Martijn Wanten
  • Francis WantenDirector
  • Vestra Real Estate Group BVDirector · permanent representative Bart Soetaers
Accounts 4 days early2 of 28 deeds read
Why 85raises riskLiquidity: current ratio 1.70, cash €467, halved1 change of registered office in 24 monthslowers riskFounded in 1981Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Strong
Solvency 76-6
equity 50.8% of total assets
Liquidity 47-3
short-term debt 14.0% · cash 0.0%
Profitability 85+13
return on assets 12.7%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,969 companies, NACE 68, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.5%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%▲ +0.3 percentage points vs 01-2025 03-2025: 0.3%▼ -0.5 percentage points vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025lowest value 06-2025: 1.1%▲ +0.8 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.2%▲ +0.1 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.3%▲ +0.1 percentage points vs 11-2025 01-2026: 1.4%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 1.2%▼ -0.2 percentage points vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 0.4%▼ -0.8 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit up to €280,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 2.26 in 2024; short-term debt: 14% and cash: 0% of total assets), and 49.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 69% on solvency, 46% on liquidity, 94% on profitability and 43% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.70, cash €467, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Founded in 1981
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Sector Real estate activities (NACE 68)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
10 days late
2023
49 days early
2022
61 days early
2021
60 days early
2020
72 days early
2019
51 days 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 41 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. Usually files around 13 December (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 year end09-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. RestructuringMerger · Shareholding · Real…
  2. Reappointments: Francis Wanten, Artas BV and…Permanent representatives: Martijn Wanten and…
  3. Annual accounts filedfiscal year 2025 · abbreviated…

Key points

  • Positive: Result rose in 2025from €144,010 to €830,201 ▲ 476% View
  • Positive: Among the best 5% on net resultsector median €10,146 · 11,052 companies €830,201 View
  • New directorslatest change 26-01-2026 · 3 in office 3 joined View
  • Controlled by Vestra Real Estate Groupultimately: Hasco 100% View
  • Active since 1981founded 17-02-1981 45 years View

By topic

Financials

Fiscal year
2025
Total assets
€6.5m
Profit
€830,201
Solvency
50.8%
Total assets▲ 11.4%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Parent
Vestra Real Estate Group · 100%
  • ArtasDirector
  • Francis WantenDirector
  • Vestra Real Estate Group BVDirector
Go to Board & ownership

Network & group

Group
Hasco
Subsidiaries
2
Connected companies
4
Mergers and contributions
2

2 subsidiaries

Go to Network & group

Timeline

Events
52
Since
1982
Next accounts
by 31-01-2027
  1. 30-06-2025Highest result from 2019 to 2025
  2. 10-02-2025Annual accounts filed
  3. 30-06-2024Liquidity more than 33 times
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
17-02-1981
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Purpose
A/ De participatie, onder welke vorm het ook zij, in de oprichting, ontwikkeling…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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