VERBRUGGE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €236k and a net result of €17k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 5521 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
26 d late
2023
13 d late
2022
15 d late
2021
11 d late
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€236k▲ 1.1%
2024 · €233k
2018: €560k
2019: €506k
2020: €453k
2021: €473k
2022: €146k
2023: €217k
2024: €233k
2018 → 2025
Net result
€17k▲ 5.2%
2024 · €16k
2018: €14k
2019: €15k
2020: €15k
2021: €19k
2022: €12k
2023: €105k
2024: €16k
2018 → 2025
Total assets
€378k▼ 7.4%
2024 · €408k
2018: €577k
2019: €524k
2020: €470k
2021: €490k
2022: €375k
2023: €442k
2024: €408k
2018 → 2025
Solvency
62.4%▲ 5.3pp
2024 · 57.2%
2018: 96.9%
2019: 96.6%
2020: 96.5%
2021: 96.5%
2022: 38.8%
2023: 49.2%
2024: 57.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€473k-€146k▼ 69.2%€217k▲ 49.3%€233k▲ 7.5%€236k▲ 1.1%
Operating result€27k-€25k▼ 7.0%€25k▼ 0.6%€25k▲ 0.7%€26k▲ 3.3%
Net result€19k-€12k▼ 35.0%€105k▲ 744%€16k▼ 84.5%€17k▲ 5.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €378k
Fixed assets
€356k=
Current assets
€22k▼ 58.4%
Equity and liabilities €378k
Equity
€236k▲ 1.1%
Debt
€142k▼ 18.8%
The debt ratio falls from 42.8% to 37.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
62.4%▲
2024 · 57.2%
ROE
7.2%▲
2024 · 7.0%
ROA
4.5%▲
2024 · 4.0%
Debt
€142k▼
2024 · €175k
Debt ≤ 1 year
€41k▼
2024 · €45k
Debt > 1 year
€101k▼
2024 · €129k
Income taxes
€7k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€408k€378k▼
Fixed assets21/28€356k€356k=
Financial fixed assets28€356k€356k=
Current assets29/58€52k€22k▼
Amounts receivable within one year40/41€1k€2k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€49k€19k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€408k€378k▼
Equity10/15€233k€236k▲
Contributions10/11€20k€20k=
Reserves13€213k€216k▲
Distributable reserves133€213k€216k▲
Amounts payable17/49€175k€142k▼
Amounts payable after more than one year17€129k€101k▼
Financial debts170/4€90k€61k▼
Other amounts payable178/9€40k€40k=
Amounts payable within one year42/48€45k€41k▼
Current portion of amounts payable after more than one year42€29k€29k▲
Financial debts43€2k€2k=
Credit institutions430/8€2k€2k=
Trade debts44€3k€759▼
Suppliers440/4€3k€759▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€9k€7k▼
Income statement
Code20242025
Other operating charges640/8€510€524▲
Gross operating margin9900€25k€26k▲
Operating profit (loss)9901€25k€26k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€23k€24k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€16k€17k▲
Profit (loss) for the period to be appropriated9905€16k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€17k▲
Transfer from equity791/2-€15k
Transfer to equity691/2€16k€17k▲
To other reserves6921€16k€17k▲
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 13 days late
2023
30-09
Financial
Highest result since 2018net €105k ▲744%
Net result €105k, the highest in the series.
30-09
Financial
Liquidity triplescurrent ratio 1.28
Current ratio from 0.44 to 1.28.
30-09
Financial
Equity above €200kEq €217k ▲49.3%
6 profitable years in a row build equity to €217k.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 15 days late
2022
30-09
Financial
Weakest financial yearnet €12k ▼35%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity doublescurrent ratio 6.87
Current ratio from 3.25 to 6.87; short-term debt falls from €18k to €17k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zwevegem · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ommegangstraat(Z) 558550 ZwevegemGround area
173 m²
Building footprint
99 m²
Volume, LiDAR
673 m³
Parcel 34042B0202/00A002, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERBRUGGE
since 20152.238.650.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0202/00A002 | Flanders | 173 m² | 1 · 99 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,601 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2015
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.