VERCAEMER
ActiveVERCAEMER has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €414k and a net result of €32k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 1887 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-61
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 10.65 against 3.42 in 2024), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
7.2%
Age of the figures
8 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
31 d early
2023
5 d early
2022
122 d late
2021
20 d late
2020
15 d late
2019
91 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€414k▼ 1.7%
2024 · €421k
2018: €262k
2019: €302k
2020: €319k
2021: €336k
2022: €345k
2023: €411k
2024: €421k
2018 → 2025
Total assets
€444k▼ 17.6%
2024 · €539k
2018: €309k
2019: €343k
2020: €350k
2021: €356k
2022: €438k
2023: €471k
2024: €539k
2018 → 2025
Net result
€32k▼ 63.2%
2024 · €87k
2018: €7k
2019: €39k
2020: €18k
2021: €17k
2022: €65k
2023: €68k
2024: €87k
2018 → 2025
Working capital
€296k▲ 3.5%
2024 · €286k
2018: €143k
2019: €152k
2020: €158k
2021: €207k
2022: €245k
2023: €344k
2024: €286k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€336k-€345k▲ 2.5%€411k▲ 19.3%€421k▲ 2.4%€414k▼ 1.7%
Operating result€24k-€89k▲ 277%€94k▲ 5.9%€123k▲ 30.5%€43k▼ 65.3%
Net result€17k-€65k▲ 286%€68k▲ 5.4%€87k▲ 28.4%€32k▼ 63.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €444k
Fixed assets
€117k▼ 12.8%
Current assets
€327k▼ 19.2%
Equity and liabilities €444k
Equity
€414k▼ 1.7%
Debt
€31k▼ 74.1%
The debt ratio falls from 21.9% to 6.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€82k▼
2024 · €159k
Cash flow
€71k▼
2024 · €123k
Solvency
93.1%▲
2024 · 78.1%
Current ratio
10.65▲
2024 · 3.42
Quick ratio
9.44▲
2024 · 3.13
Debt / equity
0.07▼
2024 · 0.28
ROE
7.8%▼
2024 · 20.8%
ROA
7.2%▼
2024 · 16.2%
Interest coverage
187.46▼
2024 · 244.86
Debt
€31k▼
2024 · €118k
Debt ≤ 1 year
€31k▼
2024 · €118k
Income taxes
€10k▼
2024 · €35k
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€539k€444k▼
Fixed assets21/28€135k€117k▼
Tangible fixed assets22/27€135k€117k▼
Land and buildings22€20k€17k▼
Plant, machinery and equipment23€18k€31k▲
Furniture and vehicles24€96k€69k▼
Current assets29/58€404k€327k▼
Stocks and contracts in progress3€34k€37k▲
Stocks30/36€34k€37k▲
Amounts receivable within one year40/41€44k€35k▼
Trade receivables40€40k€19k▼
Other amounts receivable41€4k€15k▲
Cash at bank and in hand54/58€327k€255k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€539k€444k▼
Equity10/15€421k€414k▼
Contributions10/11€19k€19k=
Reserves13€402k€394k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€400k€394k▼
Profit (loss) carried forward14€622€823▲
Amounts payable17/49€118k€31k▼
Amounts payable within one year42/48€118k€31k▼
Trade debts44€13k€13k▼
Suppliers440/4€13k€13k▼
Taxes, remuneration and social security45€21k€8k▼
Taxes450/3€17k€5k▼
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€84k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€37k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€39k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€162k€84k▼
Operating profit (loss)9901€123k€43k▼
Financial income75/76B€171€24▼
Recurring financial income75€171€24▼
Financial charges65/66B€649€438▼
Recurring financial charges65€649€438▼
Profit (loss) for the period before taxes9903€123k€42k▼
Income taxes67/77€35k€10k▼
Profit (loss) for the period9904€87k€32k▼
Profit (loss) for the period to be appropriated9905€87k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€88k€33k▼
Profit (loss) brought forward from the previous period14P€124€622▲
Transfer from equity791/2€84k€39k▼
Transfer to equity691/2€87k€32k▼
To other reserves6921€87k€32k▼
Profit to be distributed694/7€84k€39k▼
Return on contributions (dividend)694€84k€39k▼
The notes to these accounts (8 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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 10.65
Current ratio from 3.42 to 10.65; short-term debt falls from €118k to €31k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €87k ▲28.4%
Operating result €123k, net result €87k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
20-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 20 days late
2021
15-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
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, Kuurne · 1 establishment unit since 2007
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.
Veldm. Montgomerystraat 478520 KuurneGround area
680 m²
Building footprint
140 m²
Volume, LiDAR
675 m³
Parcel 34023B0712/00S002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERCAEMER
since 20072.160.348.564
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0712/00S002 | Flanders | 680 m² | 1 · 140 m² | 8.9 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.
Similar companies · same sector, comparable size
SANI-FIRE
BE 0426.857.210
Waregem · Eq €411k
Fondalux
BE 0403.886.323
Chaudfontaine · Eq €410k
ALL-TECH MANUFACTURING
BE 0543.626.008
Herentals · Eq €410k
Metagra
BE 0400.161.028
Sint-Genesius-Rode · Eq €418k
LASERTEK
BE 0438.179.385
Mechelen · Eq €408k
Of 555 companies in sector 25999 we hold annual accounts for 348. 246 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2007
Fiscal year end31-12
Activities, NACEBEL
25999Manufacture of fabricated metal products, except machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
45215
45220
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.