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VERCO-TECH

Active
Public limited companyfounded 199332 yrs activeJoris Helleputtestraat 7, 2140 Antwerpen, BelgiumKBO/BCE: BE 0451.076.229
Summary

The computed 12-month bankruptcy probability of VERCO-TECH is 1.5% (moderate). For VERCO-TECH, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€83,067) and a net result of -€10,433. Equity is shrinking by ~22.5% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2021
Profitability11▲+1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023
Solvency, return and age of the figures
Solvency
-49.1%
Return on assets
-6.2%
Age of the figures
33 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-11-2024, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
112 d late
2021
58 d late
2020
58 d late
2019
122 d late
2018
62 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 82 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 October 1993, VERCO-TECH was incorporated.1 Total assets went from EUR 202,461 in 2018 to EUR 169,212 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Turnover
€0
2021 · €0
Total assets
€169,212▼ 7.6%
2021 · €183,060
Net result
-€10,433▲ 19.0%
2021 · -€12,885
Working capital
-€251,454▼ 3.7%
2021 · -€242,528
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212023
Turnover€0€0€0-
Operating result-€13,114--€8,351▲ 36.3%-€9,357▼ 12.0%-€12,841▼ 37.2%-€10,375-
Net result-€13,114--€8,586▲ 34.5%-€9,358▼ 9.0%-€12,885▼ 37.7%-€10,433-
Equity-€30,117--€38,703▼ 28.5%-€48,061▼ 24.2%-€60,947▼ 26.8%-€83,067-
Total assets€202,461-€196,311▼ 3.0%€188,857▼ 3.8%€183,060▼ 3.1%€169,212-
Debt€232,578-€235,014▲ 1.0%€236,918▲ 0.8%€244,007▲ 3.0%€252,279-
Working capital-€231,488--€233,477▼ 0.9%-€236,238▼ 1.2%-€242,528▼ 2.7%-€251,454-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2018: -€13,114-€13,114Net result 2018: -€13,114-€13,114Operating result 2019: -€8,351-€8,351Net result 2019: -€8,586-€8,586Operating result 2020: -€9,357-€9,357Net result 2020: -€9,358-€9,358Operating result 2021: -€12,841-€12,841Net result 2021: -€12,885-€12,885Operating result 2023: -€10,375-€10,375Net result 2023: -€10,433-€10,43320182019202020212023-€15,000-€10,000-€5,000€0Operating result 2020: -€9,357-€9,360Net result 2020: -€9,358-€9,360Operating result 2021: -€12,841-€12,800Net result 2021: -€12,885-€12,900Operating result 2023: -€10,375-€10,400Net result 2023: -€10,433-€10,400202020212023
The operating result is -€10,375 in 2023, compared with -€12,841 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €169,212
Fixed assets €168,387 ▼ 7.3%
Current assets €825 ▼ 44.2%
Key figures and ratios
2023 value · change against 2021
EBITDA
-€3,778▲
2021 · -€6,245
Cash flow
-€3,837▲
2021 · -€6,288
Solvency
-49.1%▼
2021 · -33.3%
Current ratio
0.00▼
2021 · 0.01
Debt to equity
-3.04▲
2021 · -4.00
ROA
-6.2%▲
2021 · -7.0%
Interest coverage
-64.53▲
2021 · -143.72
Debt ≤ 1 year
€252,279▲
2021 · €244,007
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2021 · 33 lines
Balance sheet Code20212023
Assets
Total assets20/58€183,060€169,212▼
Fixed assets21/28€181,581€168,387▼
Tangible fixed assets22/27€181,581€168,387▼
Land and buildings22€181,581€168,387▼
Current assets29/58€1,479€825▼
Cash at bank and in hand54/58€1,479€825▼
Equity and liabilities
Total equity and liabilities10/49€183,060€169,212▼
Equity10/15-€60,947-€83,067▼
Contributions10/11€173,525€173,525=
Capital10€173,525€173,525=
Issued capital100€173,525€173,525=
Reserves13€50,689€50,689=
Tax-exempt reserves132€44,931€44,931=
Distributable reserves133€5,758€5,758=
Profit (loss) carried forward14-€285,162-€307,281▼
Amounts payable17/49€244,007€252,279▲
Amounts payable within one year42/48€244,007€252,279▲
Trade debts44€6,047€3,802▼
Suppliers440/4€6,047€3,802▼
Other amounts payable47/48€237,960€248,478▲
Income statement Code20212023
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€2,755€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,597€6,597=
Other operating charges640/8€3,489€3,778▲
Gross operating margin9900-€2,755€0▲
Operating profit (loss)9901-€12,841-€10,375▲
Financial charges65/66B€43€59▲
Recurring financial charges65€43€59▲
Profit (loss) for the period before taxes9903-€12,885-€10,433▲
Profit (loss) for the period9904-€12,885-€10,433▲
Profit (loss) for the period to be appropriated9905-€12,885-€10,433▲
Appropriation of the result
Profit (loss) to be appropriated9906-€285,162-€307,281▼
Profit (loss) brought forward from the previous period14P-€272,277-€296,848▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212023Change
Turnover70--€0€0€0-
Goods, raw materials, services and sundry goods60/61---€2,755€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,597€6,597€6,597€6,597€6,597-
Other operating charges640/8---€3,489€3,778-
Gross operating margin9900-€3,380-€1,657-€2,661-€2,755€0-
Operating profit (loss)9901-€13,114-€8,351-€9,357-€12,841-€10,375-
Recurring financial income75-€0----
Financial charges65/66B---€43€59-
Recurring financial charges65-€235€0€43€59-
Profit (loss) for the period before taxes9903-€13,114-€8,586-€9,358-€12,885-€10,433-
Profit (loss) for the period9904-€13,114-€8,586-€9,358-€12,885-€10,433-
Profit (loss) for the period to be appropriated9905-€13,114-€8,586-€9,358-€12,885-€10,433-
Line20182019202020212023Change
Assets
Total assets20/58€202,461€196,311€188,857€183,060€169,212-
Fixed assets21/28€201,370€194,774€188,177€181,581€168,387-
Tangible fixed assets22/27€201,370€194,774€188,177€181,581€168,387-
Land and buildings22---€181,581€168,387-
Current assets29/58€1,090€1,537€680€1,479€825-
Cash at bank and in hand54/58€1,090€1,537€680€1,479€825-
Equity and liabilities
Total equity and liabilities10/49€202,461€196,311€188,857€183,060€169,212-
Equity10/15-€30,117-€38,703-€48,061-€60,947-€83,067-
Contributions10/11€173,525€173,525€173,525€173,525€173,525-
Capital10---€173,525€173,525-
Issued capital100---€173,525€173,525-
Reserves13€50,691€50,691€50,691€50,689€50,689-
Tax-exempt reserves132---€44,931€44,931-
Distributable reserves133---€5,758€5,758-
Profit (loss) carried forward14-€254,334-€262,919-€272,277-€285,162-€307,281-
Amounts payable17/49€232,578€235,014€236,918€244,007€252,279-
Amounts payable within one year42/48€232,578€235,014€236,918€244,007€252,279-
Trade debts44€9,858€6,438€6,438€6,047€3,802-
Suppliers440/4---€6,047€3,802-
Other amounts payable47/48---€237,960€248,478-
Line20182019202020212023Change
Profit (loss) for the period9904-€13,114-€8,586-€9,358-€12,885-€10,433-
+ Depreciation and write-downs630€6,597€6,597€6,597€6,597€6,597-
Operating cash flow (approximation)-€6,518-€1,989-€2,761-€6,288-€3,837-
Investment in fixed assets (approximation)-€0€0€0--
Change in cash-€447-€857€799--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
20-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2022
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
27-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
01-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 62 days late
2016
12-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
2015
15-03
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 227 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
30-11
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 122 days late
30-11
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 488 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Antwerpen · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
188 m²
Building footprint
160 m²
Volume, LiDAR
945 m³
Parcel 11313B0848/00M015, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VERCO-TECH
Joris Helleputtestraat 7, 2140 AntwerpenNACE 2852002
since 19932.064.217.408
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11313B0848/00M015 Flanders 188 m² 1 · 160 m² 10.7 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded11-10-1993
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.