VERCLEYEN PROJECTS
ActiveSummary
VERCLEYEN PROJECTS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-247. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+2
Solvency32=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 89.6% and cash: 1% of total assets), and 93.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.8%
Return on assets
-0.1%
Age of the figures
9 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 4539 sector peers (2025).
NBB · sector comparisonPosition among 4539 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
28 d late
2023
22 d late
2022
31 d late
2021
31 d late
2020
27 d late
2019
47 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€9k
EBIT margin
81.9%
Net result
€-247▲ 86.2%
2024 · €-2k
2018: €5k
2019: €7k
2020: €4k
2021: €8k
2022: €8k
2023: €2k
2024: €-2k
2018 → 2025
Working capital
€-149k▼ 6.5%
2024 · €-139k
2018: €-119k
2019: €-119k
2020: €-123k
2021: €-123k
2022: €-123k
2023: €-129k
2024: €-139k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€11k▲ 271%€14k▲ 18.8%€12k▼ 13.2%€12k▼ 2.1%
Operating result€9k-€9k▲ 6.7%€4k▼ 61.9%€-1k€316
Net result€8k-€8k▲ 10.7%€2k▼ 74.3%€-2k€-247▲ 86.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €316 after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€166k =
Current assets
€3k ▲ 8.4%
Equity and liabilities €169k
Equity
€12k ▼ 2.1%
Debt
€157k ▲ 0.3%
Debt's share of the balance-sheet total rises from 93.0% to 93.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.02▲
2024 · 0.02
Debt to equity
13.65▲
2024 · 13.32
ROE
-2.1%▲
2024 · -15.2%
ROA
-0.1%▲
2024 · -1.1%
Debt ≤ 1 year
€151k▲
2024 · €142k
Debt > 1 year
€6k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€169k€169k▲
Fixed assets21/28€166k€166k=
Tangible fixed assets22/27€166k€166k=
Land and buildings22€166k€166k=
Current assets29/58€3k€3k▲
Amounts receivable within one year40/41€287€988▲
Trade receivables40€141€882▲
Other amounts receivable41€146€106▼
Cash at bank and in hand54/58€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€169k€169k▲
Equity10/15€12k€12k▼
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-2k€-3k▼
Amounts payable17/49€157k€157k▲
Amounts payable after more than one year17€15k€6k▼
Financial debts170/4€15k€6k▼
Amounts payable within one year42/48€142k€151k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€59-
Suppliers440/4€59-
Taxes, remuneration and social security45€522-
Taxes450/3€522-
Other amounts payable47/48€133k€142k▲
Income statement
Code20242025
Other operating charges640/8€370€1k▲
Gross operating margin9900€-667€1k▲
Operating profit (loss)9901€-1k€316▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€752€563▼
Recurring financial charges65€752€563▼
Profit (loss) for the period before taxes9903€-2k€-247▲
Profit (loss) for the period9904€-2k€-247▲
Profit (loss) for the period to be appropriated9905€-2k€-247▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-3k▼
Profit (loss) brought forward from the previous period14P€-702€-2k▼
The notes to these accounts (4 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 21 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼184%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €8k ▲10.7%
Operating result €9k, net result €8k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Geraardsbergen · 1 establishment unit since 2014
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.
Onkerzelestraat(Onk) 109500 GeraardsbergenGround area
97 m²
Building footprint
47 m²
Volume, LiDAR
423 m³
Parcel 41050A0621/00G002, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VERCLEYEN PROJECTS
since 20142.237.295.201
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41050A0621/00G002 | Flanders | 97 m² | 1 · 47 m² | 11.4 m · 3 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
DGS Invest
BE 0759.942.837
Haaltert · Eq €11,594
PRIAES
BE 0642.745.457
Liège · Eq €11,419
MEGA PLUS
BE 1030.011.227
Hasselt · Eq €11,635
LANTERNEAU
BE 0729.927.077
Brussel · Eq €11,269
BEAU CONSTRUCT
BE 0732.735.921
Pajottegem · Eq €11,238
Of 1,292 companies in sector 68122 we hold annual accounts for 901. 296 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.