VERDAS
ActiveSummary
VERDAS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,034 and a net result of €85,050. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 17% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+19
Solvency38▼-54
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.46 against 1.84 in 2024; short-term debt: 87% and cash: 11% of total assets), and 87.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
12.8%
Return on assets
22.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1913 sector peers (2025).
NBB · sector comparisonPosition among 1913 sector peers
Solvency
better than 17%
← weakest
strongest →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
120 d early
2023
106 d early
2022
42 d early
2021
32 d early
2020
40 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 61 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€49,034▼ 80.7%
2024 · €253,983
Total assets
€383,556▲ 1.6%
2024 · €377,481
Net result
€85,050▲ 222%
2024 · €26,410
Working capital
-€179,442
2024 · €54,824
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€41,112▲ 41.7%€54,967▲ 33.7%€71,962▲ 30.9%€39,255▼ 45.5%€109,571▲ 179%
Net result€23,450within the sector's middle half▲ 93.8%€36,901above the sector's middle half▲ 57.4%€51,082above the sector's middle half▲ 38.4%€26,410within the sector's middle half▼ 48.3%€85,050above the sector's middle half▲ 222%
Equity€139,590within the sector's middle half▲ 20.2%€176,491within the sector's middle half▲ 26.4%€227,574above the sector's middle half▲ 28.9%€253,983above the sector's middle half▲ 11.6%€49,034within the sector's middle half▼ 80.7%
Total assets€469,401above the sector's middle half▼ 8.2%€445,085above the sector's middle half▼ 5.2%€405,356within the sector's middle half▼ 8.9%€377,481within the sector's middle half▼ 6.9%€383,556within the sector's middle half▲ 1.6%
Debt€329,811▼ 16.6%€268,593▼ 18.6%€177,783▼ 33.8%€123,497▼ 30.5%€334,522▲ 171%
Working capital€5,746▼ 63.9%-€16,093€11,017€54,824▲ 398%-€179,442
Solvency29.7%within the sector's middle half▲ 7.0pp39.7%within the sector's middle half▲ 9.9pp56.1%within the sector's middle half▲ 16.5pp67.3%within the sector's middle half▲ 11.1pp12.8%below the sector's middle half▼ 54.5pp
Staff (FTE)3.8▲ 15.2%5▲ 31.6%4.1▼ 18.0%3.8▼ 7.3%3.9▲ 2.6%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
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 recovers in 2025; 2025 is 179% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383,556
Fixed assets
€229,269 ▼ 11.1%
Current assets
€154,287 ▲ 28.9%
Equity and liabilities €383,556
Equity
€49,034 ▼ 80.7%
Debt
€334,522 ▲ 171%
Debt's share of the balance-sheet total rises from 32.7% to 87.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€146,257▲
2024 · €76,458
Cash flow
€121,737▲
2024 · €63,613
Current ratio
0.46▼
2024 · 1.84
Quick ratio
0.44▼
2024 · 1.66
Debt to equity
6.82▲
2024 · 0.49
ROE
173.5%▲
2024 · 10.4%
ROA
22.2%▲
2024 · 7.0%
Interest coverage
70.65▲
2024 · 15.65
Debt ≤ 1 year
€333,728▲
2024 · €64,887
Debt > 1 year
€794▼
2024 · €58,610
Income taxes
€22,476▲
2024 · €7,967
Staff costs
€156,503▼
2024 · €179,239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €11,340 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €130,175 | €161,569 | €163,083 | €179,239 | €156,503 | ▼ 12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,903 | €47,991 | €54,412 | €37,203 | €36,686 | ▼ 1.4% |
| Other operating charges640/8 | €5,926 | €5,729 | €6,636 | €6,442 | €7,364 | ▲ 14.3% |
| Gross operating margin9900 | €226,117 | €270,256 | €296,093 | €262,140 | €310,124 | ▲ 18.3% |
| Operating profit (loss)9901 | €41,112 | €54,967 | €71,962 | €39,255 | €109,571 | ▲ 179% |
| Financial income75/76B | €45 | €39 | €2 | €6 | €26 | ▲ 303% |
| Recurring financial income75 | €45 | €39 | €2 | €6 | €26 | ▲ 303% |
| Financial charges65/66B | €11,666 | €9,604 | €7,326 | €4,885 | €2,070 | ▼ 57.6% |
| Recurring financial charges65 | €11,666 | €9,604 | €7,326 | €4,885 | €2,070 | ▼ 57.6% |
| Profit (loss) for the period before taxes9903 | €29,491 | €45,402 | €64,638 | €34,376 | €107,526 | ▲ 213% |
| Income taxes67/77 | €6,041 | €8,501 | €13,556 | €7,967 | €22,476 | ▲ 182% |
| Profit (loss) for the period9904 | €23,450 | €36,901 | €51,082 | €26,410 | €85,050 | ▲ 222% |
| Profit (loss) for the period to be appropriated9905 | €23,450 | €36,901 | €51,082 | €26,410 | €85,050 | ▲ 222% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469,401 | €445,085 | €405,356 | €377,481 | €383,556 | ▲ 1.6% |
| Fixed assets21/28 | €361,103 | €342,926 | €291,263 | €257,769 | €229,269 | ▼ 11.1% |
| Tangible fixed assets22/27 | €361,103 | €342,926 | €291,263 | €257,769 | €229,269 | ▼ 11.1% |
| Land and buildings22 | €313,860 | €287,867 | €261,875 | €236,893 | €217,891 | ▼ 8.0% |
| Plant, machinery and equipment23 | €45,121 | €50,471 | €26,176 | €18,280 | €10,193 | ▼ 44.2% |
| Furniture and vehicles24 | €2,123 | €4,587 | €3,212 | €2,596 | €1,185 | ▼ 54.3% |
| Current assets29/58 | €108,298 | €102,159 | €114,093 | €119,711 | €154,287 | ▲ 28.9% |
| Stocks and contracts in progress3 | €4,550 | €0 | - | €12,000 | €8,465 | ▼ 29.5% |
| Contracts in progress37 | €4,550 | €0 | - | €12,000 | €8,465 | ▼ 29.5% |
| Amounts receivable within one year40/41 | €77,161 | €69,005 | €89,781 | €103,907 | €101,617 | ▼ 2.2% |
| Trade receivables40 | €77,161 | €65,506 | €83,175 | €98,043 | €92,163 | ▼ 6.0% |
| Other amounts receivable41 | €0 | €3,499 | €6,606 | €5,863 | €9,454 | ▲ 61.2% |
| Cash at bank and in hand54/58 | €25,848 | €31,361 | €23,327 | €694 | €42,034 | ▲ 5,959% |
| Deferred charges and accrued income490/1 | €739 | €1,793 | €985 | €3,111 | €2,170 | ▼ 30.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469,401 | €445,085 | €405,356 | €377,481 | €383,556 | ▲ 1.6% |
| Equity10/15 | €139,590 | €176,491 | €227,574 | €253,983 | €49,034 | ▼ 80.7% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Reserves13 | €99,590 | €136,491 | €187,574 | €213,983 | €9,034 | ▼ 95.8% |
| Non-distributable reserves130/1 | €2,650 | €2,650 | €0 | - | - | - |
| Reserves not available under the articles1311 | €2,650 | €2,650 | €0 | - | - | - |
| Distributable reserves133 | €96,940 | €133,841 | €187,574 | €213,983 | €9,034 | ▼ 95.8% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €329,811 | €268,593 | €177,783 | €123,497 | €334,522 | ▲ 171% |
| Amounts payable after more than one year17 | €227,260 | €150,341 | €74,707 | €58,610 | €794 | ▼ 98.6% |
| Financial debts170/4 | €158,341 | €99,423 | €41,788 | €0 | - | - |
| Other amounts payable178/9 | €68,918 | €50,918 | €32,918 | €58,610 | €794 | ▼ 98.6% |
| Amounts payable within one year42/48 | €102,552 | €118,252 | €103,076 | €64,887 | €333,728 | ▲ 414% |
| Current portion of amounts payable after more than one year42 | €58,513 | €58,919 | €57,634 | €4,293 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €2,956 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €2,956 | €0 | ▼ 100% |
| Trade debts44 | €33,786 | €47,384 | €25,956 | €42,695 | €32,345 | ▼ 24.2% |
| Suppliers440/4 | €33,786 | €47,384 | €25,956 | €42,695 | €32,345 | ▼ 24.2% |
| Taxes, remuneration and social security45 | €10,253 | €11,950 | €19,486 | €14,943 | €11,383 | ▼ 23.8% |
| Taxes450/3 | €1,677 | €2,218 | €4,717 | €2,227 | €180 | ▼ 91.9% |
| Remuneration and social security454/9 | €8,576 | €9,732 | €14,769 | €12,716 | €11,204 | ▼ 11.9% |
| Other amounts payable47/48 | - | - | - | - | €290,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,450 | €36,901 | €51,082 | €26,410 | €85,050 | ▲ 222% |
| + Depreciation and write-downs630 | €48,903 | €47,991 | €54,412 | €37,203 | €36,686 | ▼ 1.4% |
| Operating cash flow (approximation) | €72,353 | €84,893 | €105,494 | €63,613 | €121,737 | ▲ 91.4% |
| Investment in fixed assets (approximation) | - | -€29,813 | -€2,750 | -€3,709 | -€8,186 | ▼ 121% |
| Change in cash | - | €5,513 | -€8,034 | -€22,634 | €41,340 | ▲ 283% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €85,050 ▲222%
Operating result €109,571, net result €85,050, both a record.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200,000Eq €227,574 ▲28.9%
6 profitable years in a row build equity to €227,574.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €176,491 ▲26.4%
5 profitable years in a row build equity to €176,491.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €12,097 ▼4.7%
Net result drops to €12,097, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100,000Eq €104,043 ▲13.9%
2 profitable years in a row build equity to €104,043.
Show earlier events
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Lommel · 1 establishment unit since 2007
Ground area
3,967 m²
Building footprint
1,209 m²
Parcel 72020C1408/00M016, Flanders. Linked by address, not a title deed.
1 establishment unit
Verdas
since 20072.166.753.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1408/00M016 | Flanders | 3,967 m² | 1 · 1,209 m² | - |
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.
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,044 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
24520Manufacture of basic metals
25639Manufacture of fabricated metal products, except machinery and equipment
46620Wholesale of machine tools
47789Other retail sale of new goods
Contact
Phone
0031/497.555.326Lommel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0893146504
Also
9925:BE0893146504
Registered
22-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.