Vercautere
ActiveVercautere has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204k and a net result of €86k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 80% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▲+32
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 0.67 in 2024), and 29.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
70.7%
Return on assets
29.6%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €204k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
44 d early
2023
30 d late
2022
21 d early
2021
48 d early
2020
19 d early
2019
24 d early
← 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
€204k▲ 72.1%
2024 · €119k
2018: €128k
2019: €132k
2020: €115k
2021: €108k
2022: €80k
2023: €89k
2024: €119k
2018 → 2025
Total assets
€289k▲ 10.9%
2024 · €261k
2018: €226k
2019: €180k
2020: €177k
2021: €172k
2022: €139k
2023: €186k
2024: €261k
2018 → 2025
Net result
€86k▲ 190%
2024 · €30k
2018: €-19k
2019: €5k
2020: €-17k
2021: €-6k
2022: €-28k
2023: €9k
2024: €30k
2018 → 2025
Working capital
€57k
2024 · €-45k
2018: €19k
2019: €11k
2020: €33k
2021: €37k
2022: €-26k
2023: €-18k
2024: €-45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€80k▼ 25.8%€89k▲ 11.0%€119k▲ 33.2%€204k▲ 72.1%
Operating result€-6k-€-27k▼ 343%€12k€39k▲ 229%€108k▲ 181%
Net result€-6k-€-28k▼ 333%€9k€30k▲ 235%€86k▲ 190%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 181% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289k
Fixed assets
€149k▼ 11.5%
Current assets
€140k▲ 51.6%
Equity and liabilities €289k
Equity
€204k▲ 72.1%
Debt
€85k▼ 40.3%
The debt ratio falls from 54.5% to 29.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€130k▲
2024 · €56k
Cash flow
€108k▲
2024 · €47k
Solvency
70.7%▲
2024 · 45.5%
Current ratio
1.69▲
2024 · 0.67
Quick ratio
1.65▲
2024 · 0.65
Debt / equity
0.41▼
2024 · 1.20
ROE
41.9%▲
2024 · 24.9%
ROA
29.6%▲
2024 · 11.3%
Interest coverage
76.85▲
2024 · 9.25
Debt
€85k▼
2024 · €142k
Debt ≤ 1 year
€83k▼
2024 · €137k
Income taxes
€22k▲
2024 · €3k
Staff costs
€49k▼
2024 · €49k
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€261k€289k▲
Fixed assets21/28€168k€149k▼
Tangible fixed assets22/27€168k€149k▼
Land and buildings22€76k€75k▼
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€76k€60k▼
Current assets29/58€92k€140k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€2k€947▼
Trade receivables40€2k€929▼
Other amounts receivable41€0€18▲
Current investments50/53-€63k
Cash at bank and in hand54/58€85k€71k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€261k€289k▲
Equity10/15€119k€204k▲
Contributions10/11€19k€19k=
Reserves13€100k€186k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€81k€167k▲
Amounts payable17/49€142k€85k▼
Amounts payable within one year42/48€137k€83k▼
Trade debts44€16k€11k▼
Suppliers440/4€16k€11k▼
Taxes, remuneration and social security45€15k€23k▲
Taxes450/3€11k€18k▲
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€106k€50k▼
Accrued charges and deferred income492/3€5k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€49k€49k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€22k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€108k€182k▲
Operating profit (loss)9901€39k€108k▲
Financial income75/76B€5€1k▲
Recurring financial income75€5€1k▲
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€33k€108k▲
Income taxes67/77€3k€22k▲
Profit (loss) for the period9904€30k€86k▲
Profit (loss) for the period to be appropriated9905€30k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€86k▲
Transfer to equity691/2€30k€86k▲
To other reserves6921€30k€86k▲
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €86k ▲190%
Operating result €108k, net result €86k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.69
Current ratio from 0.67 to 1.69; short-term debt falls from €137k to €83k.
31-12
Financial
Equity above €200kEq €204k ▲72.1%
3 profitable years in a row build equity to €204k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €119k ▲33.2%
2 profitable years in a row build equity to €119k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.31
Current ratio from 1.66 to 3.31; short-term debt falls from €16k to €14k.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
19-06
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
1 act for this company is 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, Waregem · 2 establishment units since 1998
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.
Mote 148792 WaregemGround area
3,554 m²
Building footprint
1,766 m²
Volume, LiDAR
7,308 m³
3 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VERCAUTERE
since 19982.086.663.901
Spijkerlaan 44, 8791 Waregem
since 20252.380.552.620
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0558/00W000 | Flanders | 1,637 m² | 1 · 1,034 m² | 4.2 m · 1 fl. |
| 34010A0086/00P002 | Flanders | 1,140 m² | 1 · 127 m² | 8.3 m · 2 fl. |
| 34035B0213/00L003 | Flanders | 778 m² | 1 · 605 m² | 5.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesWaregem2.086.663.901
Waregem2.380.552.620
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ICI CHEZ VOUS
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Of 3,810 companies in sector 47210 we hold annual accounts for 958. 700 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-1997
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47789Other retail sale of new goods
47810Retail trade
47890Retail trade
52621
52623
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.