VERDECON
InactiveVERDECON was declared bankrupt on 03-10-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 04-09-2025, published in the Belgian State Gazette on 09-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-10-2023, 84 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
84 d late
2021
23 d early
2020
9 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-63k▼ 1,488%
2021 · €-4k
2020: €-6k
2021: €-4k
2020 → 2022
Total assets
€54k▲ 109%
2021 · €26k
2020: €35k
2021: €26k
2020 → 2022
Net result
€-59k
2021 · €3k
2020: €-21k
2021: €3k
2020 → 2022
Working capital
€-72k▼ 1,866%
2021 · €-4k
2020: €7k
2021: €-4k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€-6k-€-4k▲ 39.1%€-63k▼ 1,488%
Operating result€-21k-€4k€-58k
Net result€-21k-€3k€-59k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €58k after €4k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €54k
Fixed assets
€10k ▲ 104%
Current assets
€44k ▲ 110%
Key figures and ratios
EBITDA
€-56k▼
2021 · €5k
Cash flow
€-56k▼
2021 · €4k
Solvency
-115.8%▼
2021 · -15.2%
Current ratio
0.38▼
2021 · 0.85
Quick ratio
0.27▼
2021 · 0.39
Debt to equity
-1.86▲
2021 · -7.56
ROA
-108.5%▼
2021 · 9.8%
Interest coverage
-80.22▼
2021 · 4.04
Debt
€117k▲
2021 · €30k
Debt ≤ 1 year
€116k▲
2021 · €25k
Staff costs
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 46 lines
Balance sheet
Code20212022
Assets
Total assets20/58€26k€54k▲
Fixed assets21/28€5k€10k▲
Intangible fixed assets21€672€412▼
Tangible fixed assets22/27€4k€6k▲
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€3k€3k▲
Financial fixed assets28-€3k
Current assets29/58€21k€44k▲
Stocks and contracts in progress3€11k€13k▲
Stocks30/36€11k€13k▲
Amounts receivable within one year40/41€5k€10k▲
Trade receivables40€4k€8k▲
Other amounts receivable41€488€2k▲
Cash at bank and in hand54/58€4k€19k▲
Deferred charges and accrued income490/1€904€2k▲
Equity and liabilities
Total equity and liabilities10/49€26k€54k▲
Equity10/15€-4k€-63k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-19k€-78k▼
Amounts payable17/49€30k€117k▲
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€25k€116k▲
Current portion of amounts payable after more than one year42€8k€5k▼
Trade debts44€11k€20k▲
Suppliers440/4€11k€20k▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k-
Remuneration and social security454/9-€3k
Other amounts payable47/48€820€88k▲
Accrued charges and deferred income492/3-€42
Income statement
Code20212022
Non-recurring operating income76A-€8k
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€159€2k▲
Gross operating margin9900€5k€-53k▼
Operating profit (loss)9901€4k€-58k▼
Financial income75/76B€135€2▼
Recurring financial income75€135€2▼
Financial charges65/66B€1k€694▼
Recurring financial charges65€1k€694▼
Profit (loss) for the period before taxes9903€3k€-59k▼
Profit (loss) for the period9904€3k€-59k▼
Profit (loss) for the period to be appropriated9905€3k€-59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-78k▼
Profit (loss) brought forward from the previous period14P€-21k€-19k▲
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
09-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · VERDECON BV 9DE LINIESTRAAT 19G, 3200 AARSCHOT · event 04-09-2025
2024
09-10
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · VERDECON BV 9DE LINIE- STRAAT 19G, 3200 AARSCHOT · event 03-10-2024
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2022
31-12
Financial
Weakest financial yearnet €-59k ▼2418%
Net result drops to €-59k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE VAN DE MIEROP WOLSTRAAT 70, 1000 BRUSSEL 1- |
03-10-2024 → 04-09-2025 |