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VERCRAS

Active Private limited companyfounded 1993active for 33 yearsRosmolenstraat 21, 8820 TorhoutKBO/BCE: BE 0449.867.291 #4 company by equity in Torhout, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €314,245 (2025)
€314,245▲ 23.8%
lowest -€61,563 (2017)
€170,716▲ 68.1%
peak €616,262 (2025)
€616,262▲ 38.3%
€544,762▼ 5.9%
Board2 names since 2018
1 directorDieter Verbeke
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €253,825 to €314,245Result from €101,560 to €170,716Equity from €445,546 to €616,262Cash from €64,221 to €243,109

Key points

from the 2025 annual accounts

Equity

€616,262 ▲ 38.3%

VERCRAS has made a profit without a break since 2018.

Result

€170,716 ▲ 68.1%
€102,0002024€171,0002025

The result rose in 2025 from €101,560 to €170,716.

Turnover

≈ €470,000 estimated

The micro format states no turnover.

Liquidity

2.42 was 1.04 in 2024

Short-term debts rose from €103,510 to €119,525.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

The 2016 accounts came 18 days late. The other nine of the last ten were filed on time.

Position in the sector

€170,716

Higher net result than 95% of companies in office administrative support. Sector median €16,198 · 9,691 companies.

Checked score

96
Excellent
Financially stronger than 65% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

78+10equity 53.1% of total assets
76+18short-term debt 10.3% · cash 20.9%
87+6return on assets 14.7%

Score breakdown

lowers risk
Size: total assets €1.2m
Liquidity: current ratio 2.42, cash €243,109
Equity €616,262 (53.1% of total assets)
Figures for financial year 2025 (filed on 01-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 54% of them on solvency, 70% on liquidity, 61% on profitability and 75% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as VERCRAS has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of VERCRAS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for VERCRAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €55,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.42 (1.04 in 2024), above the usual 1.5. Short-term debt is 10.3% and cash 20.9% of total assets. 46.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.42, cash €243,109
NBB · annual accounts
lowers risk · Equity €616,262 (53.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 01-07-2026)
NBB · annual accounts
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
42 days early
2023
34 days early
2022
46 days early
2021
9 days early
2020
33 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DV
Director, since 22-10-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0449867291
Appointments: Dieter Verbeke (statutory director) and Liesbet Werbrouck (statutory director) General meeting of 06-07-2023 · Gazette deed
First establishment VERCRAS BVBA, Rosmolenstraat 21, Torhout
Incorporation published on 29-04-1993 · Gazette deed
All 51 events

Comparable companies

same main activity, similar in size and age
Company
VERCRAS Torhout €1.2m €314,245 53.1% -
PLANTIJN Tielt €1.2m €316,224 46.9% 1.6
DOKE Schilde €1.0m €275,446 67.2% -
MARTHEL Hamont-Achel €1.5m €351,084 88.7% -
AGO INTERNATIONAL Kortrijk €1.5m €300,046 32.7% -
SEAT - IMMO Wervik €1.0m €300,170 93.2% -
MOBITRADE Waregem €1.2m €274,757 68.4% 3

These companies have the same main activity as VERCRAS: other business support services (NACE 82990). They are comparable in size and age: total assets between €960,000 and €1.5m, founded between 1988 and 1999.

Official details

Source: KBO
Status
Active since 02-04-1993Normal situation
Activity
Other business support servicesNACE 82990and 4 others
Establishment unit
2.062.790.3208820 Torhout, since 09-07-1993
Financial year end
31 December
Peppol
Reachable since 29-08-2023
Company details

Annual accounts 2025

€1.2m▲ 13.3%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on VERCRAS

VERCRAS files the micro format. That format states no turnover. The gross margin rose from €61,779 in 2006 to €314,245 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VERCRAS

What is the company number of VERCRAS?
The company number of VERCRAS is 0449.867.291. The VAT number is the same number with BE in front: BE 0449.867.291.
Where is VERCRAS based?
The registered office is at Rosmolenstraat 21, 8820 Torhout.Company details
What does VERCRAS do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of VERCRAS?
VERCRAS is a private limited company (BV).
When was VERCRAS founded?
VERCRAS was founded on 02-04-1993.
Is VERCRAS still active?
Yes, VERCRAS is an active enterprise in the KBO register.
What is the turnover of VERCRAS?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €314,245 and 33 comparable companies (NACE 82990). It probably lies between €390,000 and €660,000.Financials
Is VERCRAS profitable?
In financial year 2025, VERCRAS made a profit of €170,716.
Where can I find the annual accounts of VERCRAS?
VERCRAS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERCRAS due?
VERCRAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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