VERDEFI
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two 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 31-12-2024, 2 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-08-2024, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
26 d late
2022
33 d early
2021
46 d early
2020
45 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€200,000
EBIT margin
99.2%
Net result
€5.7m
2022 · -€2,065
Working capital
€4.1m▲ 44,926%
2022 · €9,021
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€200,000
Operating result€35,113▲ 0.8%€213,923▲ 509%€198,336▼ 7.3%-€1,900-€21,885▼ 1,052%
Net result€27,270▲ 13.3%€159,552▲ 485%€148,657▼ 6.8%-€2,065€5.7m
EBIT margin99.2%
Equity€177,836▼ 11.3%€337,388▲ 89.7%€336,045▼ 0.4%€333,979▼ 0.6%€4.1m▲ 1,116%
Total assets€352,385▲ 56.0%€351,810▼ 0.2%€490,973▲ 39.6%€334,791▼ 31.8%€4.1m▲ 1,113%
Debt€174,550▲ 591%€14,422▼ 91.7%€154,929▲ 974%€812▼ 99.5%€439▼ 45.9%
Working capital-€146,447€12,430€11,087▼ 10.8%€9,021▼ 18.6%€4.1m▲ 44,926%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,885 in 2023 against €1,900 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €4.1m
Equity
€4.1m ▲ 1,116%
Debt
€439 ▼ 45.9%
Debt's share of the balance-sheet total falls from 0.2% to 0.0%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.00▼
2022 · 0.00
ROE
141.0%▲
2022 · -0.6%
ROA
141.0%▲
2022 · -0.6%
Debt ≤ 1 year
€439▼
2022 · €812
Income taxes
€11,626
A ratio outside any meaningful range has been withheld (balance sheet total €4.1m, equity €4.1m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €200,000 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1,244 | €1,332 | €21,315 | ▲ 1,500% |
| Other operating charges640/8 | - | - | €421 | €568 | €569 | ▲ 0.2% |
| Gross operating margin9900 | €35,621 | €214,481 | €198,756 | -€1,332 | -€21,315 | ▼ 1,500% |
| Operating profit (loss)9901 | €35,113 | €213,923 | €198,336 | -€1,900 | -€21,885 | ▼ 1,052% |
| Financial income75/76B | - | - | - | - | €5.8m | - |
| Recurring financial income75 | - | - | - | - | €70,679 | - |
| Non-recurring financial income76B | - | - | - | - | €5.7m | - |
| Financial charges65/66B | - | - | €127 | €165 | €226 | ▲ 36.6% |
| Recurring financial charges65 | €855 | €1,016 | €127 | €165 | €226 | ▲ 36.6% |
| Profit (loss) for the period before taxes9903 | €34,258 | €212,907 | €198,209 | -€2,065 | €5.7m | ▲ 278,001% |
| Income taxes67/77 | €6,989 | €53,354 | €49,552 | - | €11,626 | - |
| Profit (loss) for the period9904 | €27,270 | €159,552 | €148,657 | -€2,065 | €5.7m | ▲ 277,438% |
| Profit (loss) for the period to be appropriated9905 | €27,270 | €159,552 | €148,657 | -€2,065 | €5.7m | ▲ 277,438% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €352,385 | €351,810 | €490,973 | €334,791 | €4.1m | ▲ 1,113% |
| Fixed assets21/28 | €324,958 | €324,958 | €324,958 | €324,958 | €0 | ▼ 100% |
| Financial fixed assets28 | €324,958 | €324,958 | €324,958 | €324,958 | €0 | ▼ 100% |
| Current assets29/58 | €27,428 | €26,853 | €166,015 | €9,833 | €4.1m | ▲ 41,212% |
| Amounts receivable after more than one year29 | - | - | - | - | €614,094 | - |
| Other amounts receivable291 | - | - | - | - | €614,094 | - |
| Amounts receivable within one year40/41 | €19,107 | €13,144 | €112,069 | €401 | €10,948 | ▲ 2,633% |
| Trade receivables40 | - | - | €112,000 | €0 | - | - |
| Other amounts receivable41 | - | - | €69 | €401 | €10,948 | ▲ 2,633% |
| Current investments50/53 | - | - | - | - | €3.4m | - |
| Cash at bank and in hand54/58 | €8,320 | €13,709 | €53,946 | €9,433 | €87,385 | ▲ 826% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €352,385 | €351,810 | €490,973 | €334,791 | €4.1m | ▲ 1,113% |
| Equity10/15 | €177,836 | €337,388 | €336,045 | €333,979 | €4.1m | ▲ 1,116% |
| Contributions10/11 | €104,000 | €104,000 | €104,000 | €104,000 | €104,000 | = |
| Capital10 | - | - | €104,000 | €104,000 | €104,000 | = |
| Issued capital100 | - | - | €104,000 | €104,000 | €104,000 | = |
| Reserves13 | €10,400 | €10,400 | €10,400 | €10,400 | €10,400 | = |
| Non-distributable reserves130/1 | - | - | €10,400 | €10,400 | €10,400 | = |
| Legal reserve130 | - | - | €10,400 | €10,400 | €10,400 | = |
| Profit (loss) carried forward14 | €63,436 | €222,988 | €221,645 | €219,579 | €3.9m | ▲ 1,698% |
| Amounts payable17/49 | €174,550 | €14,422 | €154,929 | €812 | €439 | ▼ 45.9% |
| Amounts payable within one year42/48 | €173,874 | €14,422 | €154,929 | €812 | €439 | ▼ 45.9% |
| Trade debts44 | €204 | €522 | €376 | €806 | €439 | ▼ 45.5% |
| Suppliers440/4 | - | - | €376 | €806 | €439 | ▼ 45.5% |
| Taxes, remuneration and social security45 | - | - | €4,552 | €6 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €4,552 | €6 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €150,000 | €0 | €0 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,270 | €159,552 | €148,657 | -€2,065 | €5.7m | ▲ 277,438% |
| Operating cash flow (approximation) | €27,270 | €159,552 | €148,657 | -€2,065 | €5.7m | ▲ 277,438% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €324,958 | - |
| Change in cash | - | €5,389 | €40,237 | -€44,513 | €77,952 | ▲ 275% |
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
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Back to profitnet €5.7m
Net result €5.7m after one loss-making year.
31-12
Financial
Liquidity times 764current ratio 9248.97
Current ratio from 12.11 to 9248.97; short-term debt falls from €812 to €439.
31-12
Financial
Equity above €2mEq €4.1m ▲1,116%
Equity rises from €333,979 to €4.1m.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€2,065
Net result drops to -€2,065, the lowest in the series.
31-12
Financial
Liquidity times 11current ratio 12.11
Current ratio from 1.07 to 12.11; short-term debt falls from €154,929 to €812.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity times 12current ratio 1.86
Current ratio from 0.16 to 1.86; short-term debt falls from €173,874 to €14,422.
31-12
Financial
Equity above €200,000Eq €337,388 ▲89.7%
3 profitable years in a row build equity to €337,388.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- VERFIN
- VERDEFI
Highest known parent: VERFIN. The sources do not say who stands above it.
Owners 1
- VERFINparentSourceaccounts VERFIN 2023100%
Holdings 1
-
100%
According to the 2022 annual accounts of VERDEFI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.