VERCON PROJECTS
ActiveVERCON PROJECTS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17k and a net result of €59k. Equity is shrinking by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 37979 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
65
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency25▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.02 in 2023), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
18%
Return on assets
60.8%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 37979 sector peers (2024).
NBB · sector comparisonPosition among 37979 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
56 d early
2022
33 d early
2021
23 d early
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▼ 14.3%
2023 · €20k
2020: €75k
2021: €120k
2022: €153k
2023: €20k
2020 → 2024
Total assets
€97k▼ 2.8%
2023 · €100k
2020: €117k
2021: €150k
2022: €184k
2023: €100k
2020 → 2024
Net result
€59k▼ 0.5%
2023 · €59k
2020: €66k
2021: €47k
2022: €34k
2023: €59k
2020 → 2024
Working capital
€6k▲ 350%
2023 · €1k
2020: €52k
2021: €85k
2022: €126k
2023: €1k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€75k-€120k▲ 60.7%€153k▲ 27.3%€20k▼ 86.7%€17k▼ 14.3%
Operating result€84k-€60k▼ 29.5%€45k▼ 24.6%€76k▲ 69.3%€76k▼ 0.4%
Net result€66k-€47k▼ 29.2%€34k▼ 26.8%€59k▲ 71.8%€59k▼ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 0% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €97k
Fixed assets
€11k▼ 41.5%
Current assets
€86k▲ 6.2%
Equity and liabilities €97k
Equity
€17k▼ 14.3%
Debt
€79k▲ 0.1%
The debt ratio rises from 79.6% to 82.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€85k▲
2023 · €85k
Cash flow
€68k▲
2023 · €68k
Solvency
18.0%▼
2023 · 20.4%
Current ratio
1.08▲
2023 · 1.02
Quick ratio
1.08▲
2023 · 1.02
Debt / equity
4.57▲
2023 · 3.91
ROE
338.3%▲
2023 · 291.3%
ROA
60.8%▲
2023 · 59.3%
Interest coverage
414.14▼
2023 · 703.48
Debt
€79k▲
2023 · €79k
Debt ≤ 1 year
€79k▲
2023 · €79k
Income taxes
€17k▼
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€100k€97k▼
Fixed assets21/28€19k€11k▼
Tangible fixed assets22/27€19k€11k▼
Plant, machinery and equipment23€878€2k▲
Furniture and vehicles24€8k€307▼
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28€5€5=
Current assets29/58€81k€86k▲
Amounts receivable within one year40/41€16k€32k▲
Trade receivables40€16k€19k▲
Other amounts receivable41€11€13k▲
Cash at bank and in hand54/58€64k€52k▼
Deferred charges and accrued income490/1€0€2k▲
Equity and liabilities
Total equity and liabilities10/49€100k€97k▼
Equity10/15€20k€17k▼
Contributions10/11€10k€10k=
Reserves13€10k€7k▼
Distributable reserves133€10k€7k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€79k€79k▲
Amounts payable within one year42/48€79k€79k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€1k€10k▲
Suppliers440/4€1k€10k▲
Taxes, remuneration and social security45€25k€6k▼
Taxes450/3€25k€6k▼
Other amounts payable47/48€53k€63k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€1k€926▼
Gross operating margin9900€86k€86k▼
Operating profit (loss)9901€76k€76k▼
Financial income75/76B€0€10▲
Recurring financial income75€0€10▲
Financial charges65/66B€121€205▲
Recurring financial charges65€121€205▲
Profit (loss) for the period before taxes9903€76k€76k▼
Income taxes67/77€17k€17k▼
Profit (loss) for the period9904€59k€59k▼
Profit (loss) for the period to be appropriated9905€59k€59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€59k▼
Transfer from equity791/2€140k€3k▼
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
Profit to be distributed694/7€192k€62k▼
Return on contributions (dividend)694€192k€62k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €34k ▼26.8%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €153k ▲27.3%
3 profitable years in a row build equity to €153k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €120k ▲60.7%
2 profitable years in a row build equity to €120k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 1 establishment unit since 2019
Ground area
2,894 m²
Building footprint
404 m²
Volume, LiDAR
1,402 m³
2 parcels, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERCON PROJECTS
since 20192.293.676.747
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002A0497/00C000 | Flanders | 2,200 m² | 1 · 289 m² | 5.8 m · 1 fl. |
| 46002A0625/00M000 | Flanders | 694 m² | 1 · 115 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,142 companies in sector 70200 we hold annual accounts for 52,371. 28,954 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.