VERCAI RUGS
ActiveSummary
VERCAI RUGS has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,029 and a net result of -€848. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 95% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-01-1978 Normal situation
- Activity
- Wholesale trade NACE 46473
- Establishment unit
- 2.074.848.113 8791 Waregem, since 25-04-1978
- Financial year end
- 31 December
- Peppol
- Reachable since 27-08-2023
Board and ownership
- MIANGAManaging director · permanent representative PAPPIJN Nico
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- -€36,893
- ▼ 146%
- Loss
- €848
- ▼ 97.9%
- Equity
- €176,029
- ▼ 0.5%
- Total assets
- €180,070
- ▼ 10.8%
Score breakdownlowers riskFounded in 1978Liquidity: current ratio 44.56, cash €27,376Equity €176,029 (97.8% of total assets)Size: total assets €180,070Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 74% on liquidity, 29% on profitability and 39% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€848 View
- Positive: Higher solvency than 95% of companies in wholesale tradesector median 42.9% · 9,848 companies 97.8% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: A director leftlatest change 01-10-2026 · 1 in office 1 left View
Recent changes
- · Gazette deed Resignation: LOPHICO (director)Permanent representatives: Angelo Pappijn and Nico Pappijn
- · Gazette deed Company renamed from EURO-FINISH to VERCAI RUGSResignations: PAPPIJN Angelo (lid raad van bestuur) and PAPPIJN Nico (lid raad van bestuur) · Appointments: MIANGA (director) and LOPHICO (director) · Permanent representatives: PAPPIJN Nico and PAPPIJN Angelo
Comparable companies
These companies have the same main activity as VERCAI RUGS: wholesale trade (NACE 46473). They are comparable in size and age: total assets between €66,800 and €439,000, founded between 1989 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| VERCAI RUGS Waregem | €180,070 | -€36,893 |
| MATAKIE Hasselt | €92,294 | -€8,683 |
| EMIRIM Waregem | €87,910 | -€1,570 |
| B.R.T. CARPETS Antwerpen | €66,833 | €6,080 |
| DELMACO Anzegem | €100,470 | €5,104 |
| ATHINA IMPORT EXPORT Ledegem | €131,924 | €51,294 |
| H.B.C. MANAGEMENT Waregem | €439,170 | €27,891 |
Key facts about VERCAI RUGS
- What is the company number of VERCAI RUGS?
- The company number of VERCAI RUGS is 0418.216.587. The VAT number is the same number with BE in front: BE 0418.216.587.
- Where is VERCAI RUGS based?
- The registered office is at Courtensstraat 1, 8791 Waregem.Company details
- What does VERCAI RUGS do?
- According to the KBO register, the main activity is wholesale trade (NACE 46473).
- What is the legal form of VERCAI RUGS?
- The legal form of VERCAI RUGS is Public limited company (NV).
- When was VERCAI RUGS founded?
- VERCAI RUGS was founded on 01-01-1978.
- Is VERCAI RUGS still active?
- Yes, VERCAI RUGS is an active enterprise in the KBO register.
- What is the turnover of VERCAI RUGS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is VERCAI RUGS profitable?
- In financial year 2025, VERCAI RUGS made a loss of €848.
- Where can I find the annual accounts of VERCAI RUGS?
- VERCAI RUGS filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERCAI RUGS due?
- VERCAI RUGS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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