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VERDECO

Active Private limited companyfounded 2024active for 2 yearsKwetshagestraat 2, 8490 JabbekeKBO/BCE: BE 1015.535.560

Lifetime

1 annual account with figures
peak €40,222 (2025)
€40,222 
peak €786 (2025)
€786 
peak €3,786 (2025)
€3,786 
€259,500 
Board1 name since 2024
1 director
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Registered office moved within Jabbeke 17-09First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €240,000 estimated

The micro format states no turnover.

Debts

€259,500 99% of the balance sheet
Financial debts 49%Suppliers 3%Taxes and wages 1%Other 47%

Of this, €131,705 falls due within a year.

Position in the sector

1.4%

Lower solvency than 90% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,134 companies had the same profile as VERDECO has now. Each dot stands for 6 companies, two years later.

92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 2,134 companies, not a prediction for VERDECO. 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.

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Signals

Board and ownership

Director, since 24-10-2024
  • 500 sharesdeed of 28-10-2024
  • 500 sharesdeed of 28-10-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1015535560
Registered office moved within Jabbeke New registered office: Kwetshagestraat 2, 8490 Jabbeke · Previous registered office: Gistelsteenweg 489, 8490 Jabbeke · Board meeting of 01-06-2025 · Gazette deed
Incorporation Founders: and · 1,000 shares · Appointment: (director) · published on 28-10-2024 · Gazette deed
First establishment Kwetshagestraat 2, Jabbeke
All 5 events

Comparable companies

same main activity, similar in size and age
Company
VERDECO Jabbeke €263,286 €40,222 1.4% -
Q&D INTERIOR Moorslede €212,802 €51,059 15.7% -
MULTI WINDOWS Zedelgem €185,948 €39,353 15.7% -
D-Melt Wingene €212,902 €30,208 6.6% -
TOTAALINTERIEUR FAVERE Harelbeke €208,714 €49,959 23.3% -
Arcton Asse €215,831 €48,647 -17.3% -
ART XFINITY Sint-Pieters-Leeuw €217,548 €34,032 12.4% -

These companies have the same main activity as VERDECO: joinery installation (NACE 43320). They are comparable in size and age: total assets between €186,000 and €218,000, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 24-10-2024Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.365.921.8528490 Jabbeke, since 24-10-2024
Financial year end
30 September
Peppol
Reachable since 30-09-2025
Company details

Annual accounts to 30-09-2025

€263,286
Filing
Filed on 30-04-2026, on the last day of the filing period
Financials

Insights on VERDECO

The 2025 annual accounts show equity of €3,786 and a net result of €786. Its solvency ranks better than 10% of 37,177 sector peers (NACE 43, financial year 2025).

The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

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 VERDECO

What is the company number of VERDECO?
The company number of VERDECO is 1015.535.560. The VAT number is the same number with BE in front: BE 1015.535.560.
Where is VERDECO based?
The registered office is at Kwetshagestraat 2, 8490 Jabbeke.Company details
What does VERDECO do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of VERDECO?
VERDECO is a private limited company (BV).
When was VERDECO founded?
VERDECO was founded on 24-10-2024.
Is VERDECO still active?
Yes, VERDECO is an active enterprise in the KBO register.
What is the turnover of VERDECO?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €40,222 and 32 comparable companies (NACE 43320). It probably lies between €180,000 and €410,000.Financials
Is VERDECO profitable?
In financial year 2025, VERDECO made a profit of €786.
Where can I find the annual accounts of VERDECO?
VERDECO filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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