VERDEMAR
ActiveVERDEMAR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.39M and a net result of €1.08M. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+42
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340k at 30 days acceptable
Liquidity ample (current ratio 9.48 against 5.87 in 2024), and 7.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
92.1%
Return on assets
29.3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
2 d early
2023
21 d early
2022
4 d early
2021
5 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.39M▲ 46.7%
2024 · €2.31M
2018: €1.92M
2019: €1.98M
2020: €2.11M
2021: €1.73M
2022: €1.88M
2023: €2.04M
2024: €2.31M
2018 → 2025
Total assets
€3.68M▲ 41.6%
2024 · €2.60M
2018: €2.83M
2019: €2.66M
2020: €2.67M
2021: €2.75M
2022: €2.31M
2023: €2.34M
2024: €2.60M
2018 → 2025
Net result
€1.08M▲ 304%
2024 · €267k
2018: €25k
2019: €56k
2020: €129k
2021: €158k
2022: €145k
2023: €165k
2024: €267k
2018 → 2025
Working capital
€1.98M▲ 186%
2024 · €690k
2018: €416k
2019: €393k
2020: €757k
2021: €358k
2022: €483k
2023: €531k
2024: €690k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.73M-€1.88M▲ 8.3%€2.04M▲ 8.8%€2.31M▲ 13.1%€3.39M▲ 46.7%
Operating result€215k-€128k▼ 40.6%€155k▲ 21.1%€181k▲ 16.7%€145k▼ 19.5%
Net result€158k-€145k▼ 8.4%€165k▲ 13.8%€267k▲ 62.4%€1.08M▲ 304%
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 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.68M
Fixed assets
€1.47M▼ 16.8%
Current assets
€2.21M▲ 166%
Equity and liabilities €3.68M
Equity
€3.39M▲ 46.7%
Debt
€291k▲ 0.7%
The debt ratio falls from 11.1% to 7.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€244k▼
2024 · €268k
Cash flow
€1.18M▲
2024 · €354k
Solvency
92.1%▲
2024 · 88.9%
Current ratio
9.48▲
2024 · 5.87
Quick ratio
9.48▲
2024 · 5.87
Debt / equity
0.09▼
2024 · 0.13
ROE
31.8%▲
2024 · 11.6%
ROA
29.3%▲
2024 · 10.3%
Interest coverage
49.39▼
2024 · 50.51
Debt
€291k▲
2024 · €289k
Debt ≤ 1 year
€233k▲
2024 · €142k
Debt > 1 year
€58k▼
2024 · €147k
Income taxes
€149k▲
2024 · €74k
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€2.60M€3.68M▲
Fixed assets21/28€1.77M€1.47M▼
Tangible fixed assets22/27€1.24M€1.23M▼
Land and buildings22€1.14M€1.15M▲
Plant, machinery and equipment23€20k€16k▼
Furniture and vehicles24€76k€61k▼
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€528k€241k▼
Current assets29/58€832k€2.21M▲
Amounts receivable after more than one year29€80k€0▼
Other amounts receivable291€80k€0▼
Amounts receivable within one year40/41€43k€108k▲
Trade receivables40€20k€12k▼
Other amounts receivable41€23k€96k▲
Current investments50/53€100k€1.50M▲
Cash at bank and in hand54/58€606k€593k▼
Deferred charges and accrued income490/1€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€2.60M€3.68M▲
Equity10/15€2.31M€3.39M▲
Contributions10/11€824k€824k=
Reserves13€1.18M€2.26M▲
Tax-exempt reserves132€56k€56k=
Distributable reserves133€1.12M€2.20M▲
Profit (loss) carried forward14€308k€308k=
Amounts payable17/49€289k€291k▲
Amounts payable after more than one year17€147k€58k▼
Financial debts170/4€147k€58k▼
Amounts payable within one year42/48€142k€233k▲
Current portion of amounts payable after more than one year42€89k€97k▲
Financial debts43€17k€0▼
Credit institutions430/8€17k€0▼
Trade debts44€7k€20k▲
Suppliers440/4€7k€20k▲
Taxes, remuneration and social security45€29k€108k▲
Taxes450/3€29k€108k▲
Other amounts payable47/48-€8k
Accrued charges and deferred income492/3-€201
Income statement
Code20242025
Non-recurring operating income76A€12k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€99k▲
Other operating charges640/8€10k€10k▼
Gross operating margin9900€278k€254k▼
Operating profit (loss)9901€181k€145k▼
Financial income75/76B€166k€1.09M▲
Recurring financial income75€161k€326k▲
Non-recurring financial income76B€5k€763k▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€5k▼
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€341k€1.23M▲
Income taxes67/77€74k€149k▲
Profit (loss) for the period9904€267k€1.08M▲
Profit (loss) for the period to be appropriated9905€267k€1.08M▲
Appropriation of the result
Profit (loss) to be appropriated9906€575k€1.39M▲
Profit (loss) brought forward from the previous period14P€308k€308k=
Transfer to equity691/2€267k€1.08M▲
To other reserves6921€267k€1.08M▲
The notes to these accounts (14 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
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €1.08M ▲304%
Net result €1.08M, the highest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €2MEq €2.04M ▲8.8%
6 profitable years in a row build equity to €2.04M.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity triplescurrent ratio 4.10
Current ratio from 1.54 to 4.10; short-term debt falls from €668k to €156k.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €2MEq €2.11M ▲6.5%
3 profitable years in a row build equity to €2.11M.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
14-09-2021
Filiep Verhelst: Resigned as Director
14-09-2021
Trees Maes: Resigned as Director
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1996
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.
Desselgemseweg 2298790 WaregemGround area
5,451 m²
Building footprint
556 m²
Volume, LiDAR
3,234 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Diksmuidsesteenweg 386, 8800 Roeselare
since 19962.076.512.751
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453D0398/00E000 | Flanders | 4,293 m² | 1 · 218 m² | 7.9 m · 2 fl. |
| 36504D0771/00W000 | Flanders | 1,158 m² | 1 · 338 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,668 companies in sector 70100 we hold annual accounts for 3,479. 1,312 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-1996
Fiscal year end30-09
Activities, NACEBEL
70100Activities of head offices
74142
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.