Vercruysse
ActiveVercruysse has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267k and a net result of €36k. Equity is growing by ~59.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-17
Solvency58▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.71 in 2024; short-term debt: 44.8% and cash: 9.3% of total assets), and 66.7% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.3%
Return on assets
4.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
42 d early
2023
44 d early
2022
on the day
2021
39 d early
2020
39 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€267k▲ 15.8%
2024 · €230k
2019: €18k
2020: €34k
2021: €64k
2022: €75k
2023: €144k
2024: €230k
2019 → 2025
Total assets
€800k▲ 62.1%
2024 · €494k
2019: €258k
2020: €195k
2021: €265k
2022: €334k
2023: €383k
2024: €494k
2019 → 2025
Net result
€36k▼ 57.8%
2024 · €86k
2019: €-14k
2020: €15k
2021: €30k
2022: €11k
2023: €69k
2024: €86k
2019 → 2025
Working capital
€-252k▼ 280%
2024 · €-66k
2019: €-16k
2020: €-3k
2021: €-902
2022: €-65k
2023: €-76k
2024: €-66k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€75k▲ 17.1%€144k▲ 91.1%€230k▲ 60.1%€267k▲ 15.8%
Operating result€35k-€14k▼ 58.7%€78k▲ 442%€112k▲ 43.5%€44k▼ 60.5%
Net result€30k-€11k▼ 63.7%€69k▲ 523%€86k▲ 25.9%€36k▼ 57.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €800k
Fixed assets
€694k▲ 110%
Current assets
€106k▼ 35.1%
Equity and liabilities €800k
Equity
€267k▲ 15.8%
Debt
€534k▲ 102%
The debt ratio rises from 53.4% to 66.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€133k▼
2024 · €174k
Cash flow
€125k▼
2024 · €148k
Solvency
33.3%▼
2024 · 46.6%
Current ratio
0.30▼
2024 · 0.71
Quick ratio
0.26▼
2024 · 0.69
Debt / equity
2.00▲
2024 · 1.15
ROE
13.7%▼
2024 · 37.5%
ROA
4.6%▼
2024 · 17.5%
Interest coverage
21.26▼
2024 · 53.62
Debt
€534k▲
2024 · €264k
Debt ≤ 1 year
€358k▲
2024 · €230k
Debt > 1 year
€175k▲
2024 · €33k
Income taxes
€3k▼
2024 · €25k
Staff costs
€101k▲
2024 · €86k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€494k€800k▲
Fixed assets21/28€330k€694k▲
Tangible fixed assets22/27€329k€693k▲
Land and buildings22€84k€349k▲
Plant, machinery and equipment23€20k€20k▲
Furniture and vehicles24€226k€325k▲
Financial fixed assets28€706€706=
Current assets29/58€164k€106k▼
Stocks and contracts in progress3€4k€12k▲
Stocks30/36€4k€12k▲
Amounts receivable within one year40/41-€17k
Trade receivables40-€36
Other amounts receivable41-€17k
Current investments50/53€100k-
Cash at bank and in hand54/58€59k€74k▲
Deferred charges and accrued income490/1€569€2k▲
Equity and liabilities
Total equity and liabilities10/49€494k€800k▲
Equity10/15€230k€267k▲
Contributions10/11€19k€19k=
Reserves13€210k€245k▲
Distributable reserves133€210k€245k▲
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€264k€534k▲
Amounts payable after more than one year17€33k€175k▲
Financial debts170/4€33k€175k▲
Amounts payable within one year42/48€230k€358k▲
Current portion of amounts payable after more than one year42€27k€39k▲
Trade debts44€153k€300k▲
Suppliers440/4€153k€300k▲
Taxes, remuneration and social security45€42k€13k▼
Taxes450/3€34k€11k▼
Remuneration and social security454/9€8k€2k▼
Other amounts payable47/48€8k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€11k-
Remuneration, social security and pensions62€86k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€89k▲
Other operating charges640/8€6k€6k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€267k€240k▼
Operating profit (loss)9901€112k€44k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€111k€40k▼
Income taxes67/77€25k€3k▼
Profit (loss) for the period9904€86k€36k▼
Profit (loss) for the period to be appropriated9905€86k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€38k▼
Profit (loss) brought forward from the previous period14P€3k€2k▼
Transfer to equity691/2€88k€35k▼
To other reserves6921€88k€35k▼
The notes to these accounts (7 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
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €86k ▲25.9%
Operating result €112k, net result €86k, both a record.
30-06
Financial
Equity above €200kEq €230k ▲60.1%
5 profitable years in a row build equity to €230k.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €100kEq €144k ▲91.1%
4 profitable years in a row build equity to €144k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Wielsbeke · 1 establishment unit since 2000
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.
Heirweg 1478710 WielsbekeGround area
1,560 m²
Building footprint
378 m²
Volume, LiDAR
2,009 m³
Parcel 37014A0277/00H000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vercruysse Etienne
since 20002.061.919.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37014A0277/00H000 | Flanders | 1,559 m² | 1 · 378 m² | 6.5 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWielsbeke2.061.919.892
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Of 3,827 companies in sector 47210 we hold annual accounts for 966. 670 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-1993
Fiscal year end30-06
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47810Retail trade
52621
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.