VERCO-TECH
ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 4 November 2026.
Annual accounts 2023 filed on 20-11-2024 PDF all 26 filings
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
Multi-year overview
2018 to 2023, 5 financial yearsTurnover
€0
2023
20182023
Operating result
-€10,375
2023
20182023
Net result
-€10,433
2023
20182023
Equity
-€83,067
2023
20182023
Total assets
€169,212
2023
20182023
Debt
€252,279
2023
20182023
Working capital
-€251,454
2023
20182023
Every figure per financial year
Every figure with its change against the financial 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-
The operating result for 2023 is a loss of €10,375, against a loss of €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%
Equity and liabilities
Equity-€83,067
Debt€252,279
Equity is negative. Debt (€252,279) exceeds the balance-sheet total (€169,212).
Key figures and ratios
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
ROA
-6.2%▲
2021 · -7.0%
Interest coverage
-64.53▲
2021 · -143.72
Debt ≤ 1 year
€252,279▲
2021 · €244,007
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| 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 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 20-11-2024 | 2024-00606241 | |
| 31-12-2021 | micro format | 27-09-2022 | 2022-20450283 | |
| 31-12-2020 | micro format | 27-09-2021 | 2021-68700043 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-73200368 | |
| 31-12-2018 | micro format | 01-10-2019 | 2019-68500254 | |
| 31-12-2015 | abbreviated format | 12-08-2016 | 2016-43400278 | |
| 31-12-2013 | abbreviated format | 15-03-2015 | 2015-06300451 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-53300437 | |
| 31-12-2011 | abbreviated format | 30-11-2012 | 2012-65500576 | |
| 31-12-2010 | abbreviated format | 30-11-2012 | 2012-65500574 |