VERDESA
ActiveSummary
VERDESA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €667,214 and a net result of €96,744. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 10519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82=
Solvency97▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 5.25 against 4.04 in 2024; short-term debt: 13.5% and cash: 26.4% of total assets), and 27.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
72.1%
Return on assets
10.5%
Age of the figures
9 mo
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
31 d early
2023
26 d late
2022
8 d late
2021
5 d late
2020
27 d late
2019
21 d late
← 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 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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, abbreviated schema
Equity
€667,214▲ 17.0%
2024 · €570,470
Total assets
€924,833▲ 9.6%
2024 · €843,678
Net result
€96,744▲ 11.0%
2024 · €87,166
Working capital
€528,468▲ 24.0%
2024 · €426,258
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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€92,555▲ 31.7%€150,573▲ 62.7%€96,357▼ 36.0%€123,827▲ 28.5%€134,690▲ 8.8%
Net result€46,150within the sector's middle half▼ 3.0%€103,293within the sector's middle half▲ 124%€64,900within the sector's middle half▼ 37.2%€87,166within the sector's middle half▲ 34.3%€96,744within the sector's middle half▲ 11.0%
Equity€412,285within the sector's middle half▼ 2.0%€496,978within the sector's middle half▲ 20.5%€536,279within the sector's middle half▲ 7.9%€570,470within the sector's middle half▲ 6.4%€667,214above the sector's middle half▲ 17.0%
Total assets€718,540within the sector's middle half▲ 4.1%€811,706within the sector's middle half▲ 13.0%€782,722within the sector's middle half▼ 3.6%€843,678within the sector's middle half▲ 7.8%€924,833within the sector's middle half▲ 9.6%
Debt€306,255▲ 13.6%€314,728▲ 2.8%€246,443▼ 21.7%€273,208▲ 10.9%€257,620▼ 5.7%
Working capital€309,719within the sector's middle half▼ 4.7%€348,748within the sector's middle half▲ 12.6%€399,683within the sector's middle half▲ 14.6%€426,258within the sector's middle half▲ 6.6%€528,468above the sector's middle half▲ 24.0%
Solvency57.4%within the sector's middle half▼ 3.6pp61.2%above the sector's middle half▲ 3.8pp68.5%above the sector's middle half▲ 7.3pp67.6%above the sector's middle half▼ 0.9pp72.1%above the sector's middle half▲ 4.5pp
Current ratio3.08above the sector's middle half▼ 1.633.77above the sector's middle half▲ 0.695.41above the sector's middle half▲ 1.644.04above the sector's middle half▼ 1.385.25above the sector's middle half▲ 1.21
Return on assets (ROA)6.4%within the sector's middle half▼ 0.5pp12.7%above the sector's middle half▲ 6.3pp8.3%within the sector's middle half▼ 4.4pp10.3%within the sector's middle half▲ 2.0pp10.5%within the sector's middle half▲ 0.1pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €924,833
Fixed assets
€271,968 ▼ 1.9%
Current assets
€652,866 ▲ 15.2%
Equity and liabilities €924,833
Equity
€667,214 ▲ 17.0%
Debt
€257,620 ▼ 5.7%
Debt's share of the balance-sheet total falls from 32.4% to 27.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€187,619▲
2024 · €172,426
Cash flow
€149,673▲
2024 · €135,765
Quick ratio
4.17▲
2024 · 3.05
Debt to equity
0.39▼
2024 · 0.48
ROE
14.5%▼
2024 · 15.3%
Interest coverage
61.47▼
2024 · 77.06
Debt ≤ 1 year
€124,398▼
2024 · €140,326
Debt > 1 year
€132,542▲
2024 · €132,202
Income taxes
€43,499▲
2024 · €41,270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 20,129 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3,239 | €12,899 | €19,716 | €16,013 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,148 | €35,295 | €44,652 | €48,599 | €52,929 | ▲ 8.9% |
| Other operating charges640/8 | €3,970 | €6,811 | €4,544 | €5,128 | €5,140 | ▲ 0.2% |
| Gross operating margin9900 | €140,911 | €205,577 | €165,269 | €193,566 | €192,758 | ▼ 0.4% |
| Operating profit (loss)9901 | €92,555 | €150,573 | €96,357 | €123,827 | €134,690 | ▲ 8.8% |
| Financial income75/76B | €6,121 | €419 | €2,275 | €6,846 | €8,606 | ▲ 25.7% |
| Recurring financial income75 | €6,121 | €419 | €2,275 | €6,846 | €8,606 | ▲ 25.7% |
| Financial charges65/66B | €2,521 | €2,456 | €3,713 | €2,238 | €3,052 | ▲ 36.4% |
| Recurring financial charges65 | €2,521 | €2,456 | €3,713 | €2,238 | €3,052 | ▲ 36.4% |
| Profit (loss) for the period before taxes9903 | €96,154 | €148,536 | €94,919 | €128,436 | €140,243 | ▲ 9.2% |
| Income taxes67/77 | €50,004 | €45,243 | €30,019 | €41,270 | €43,499 | ▲ 5.4% |
| Profit (loss) for the period9904 | €46,150 | €103,293 | €64,900 | €87,166 | €96,744 | ▲ 11.0% |
| Transfer from tax-exempt reserves789 | €104,099 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €150,249 | €103,293 | €64,900 | €87,166 | €96,744 | ▲ 11.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €718,540 | €811,706 | €782,722 | €843,678 | €924,833 | ▲ 9.6% |
| Fixed assets21/28 | €260,081 | €337,124 | €292,473 | €277,094 | €271,968 | ▼ 1.9% |
| Tangible fixed assets22/27 | €259,980 | €337,024 | €292,372 | €276,994 | €271,867 | ▼ 1.9% |
| Land and buildings22 | €234,735 | €216,675 | €200,891 | €204,207 | €187,284 | ▼ 8.3% |
| Plant, machinery and equipment23 | €6,359 | €10,054 | €7,306 | €4,558 | €2,830 | ▼ 37.9% |
| Furniture and vehicles24 | €18,887 | €110,294 | €84,175 | €68,229 | €81,754 | ▲ 19.8% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €458,459 | €474,582 | €490,249 | €566,584 | €652,866 | ▲ 15.2% |
| Stocks and contracts in progress3 | €117,523 | €133,082 | €138,419 | €138,520 | €134,413 | ▼ 3.0% |
| Stocks30/36 | €117,523 | €133,082 | €138,419 | €138,520 | €134,413 | ▼ 3.0% |
| Amounts receivable within one year40/41 | €41,501 | €56,660 | €60,874 | €59,239 | €68,475 | ▲ 15.6% |
| Trade receivables40 | - | - | €354 | €5,588 | €41 | ▼ 99.3% |
| Other amounts receivable41 | €41,501 | €56,660 | €60,520 | €53,651 | €68,434 | ▲ 27.6% |
| Current investments50/53 | €19,329 | €127,449 | €142,449 | €169,949 | €205,860 | ▲ 21.1% |
| Cash at bank and in hand54/58 | €279,320 | €157,391 | €148,508 | €198,876 | €244,118 | ▲ 22.7% |
| Deferred charges and accrued income490/1 | €787 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €718,540 | €811,706 | €782,722 | €843,678 | €924,833 | ▲ 9.6% |
| Equity10/15 | €412,285 | €496,978 | €536,279 | €570,470 | €667,214 | ▲ 17.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | - | - | - |
| Issued capital100 | €62,000 | €62,000 | €62,000 | - | - | - |
| Reserves13 | €350,253 | €434,943 | €474,243 | €508,433 | €605,173 | ▲ 19.0% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €168 | €168 | €168 | €168 | €168 | = |
| Distributable reserves133 | €343,885 | €428,575 | €467,875 | €502,065 | €598,805 | ▲ 19.3% |
| Profit (loss) carried forward14 | €32 | €35 | €36 | €37 | €41 | ▲ 10.3% |
| Amounts payable17/49 | €306,255 | €314,728 | €246,443 | €273,208 | €257,620 | ▼ 5.7% |
| Amounts payable after more than one year17 | €156,834 | €188,214 | €155,197 | €132,202 | €132,542 | ▲ 0.3% |
| Financial debts170/4 | €156,834 | €188,214 | €155,197 | €132,202 | €132,542 | ▲ 0.3% |
| Amounts payable within one year42/48 | €148,740 | €125,833 | €90,566 | €140,326 | €124,398 | ▼ 11.4% |
| Current portion of amounts payable after more than one year42 | €37,117 | €37,649 | €33,018 | €22,994 | €32,486 | ▲ 41.3% |
| Trade debts44 | €42,921 | €39,668 | €44,934 | €61,801 | €59,245 | ▼ 4.1% |
| Suppliers440/4 | €42,921 | €39,668 | €44,934 | €61,801 | €59,245 | ▼ 4.1% |
| Taxes, remuneration and social security45 | €46,526 | €39,097 | €1,443 | €15,390 | €31,031 | ▲ 102% |
| Taxes450/3 | €46,526 | €39,097 | €1,443 | €15,390 | €31,031 | ▲ 102% |
| Other amounts payable47/48 | €22,176 | €9,419 | €11,172 | €40,141 | €1,636 | ▼ 95.9% |
| Accrued charges and deferred income492/3 | €680 | €680 | €680 | €680 | €680 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,150 | €103,293 | €64,900 | €87,166 | €96,744 | ▲ 11.0% |
| + Depreciation and write-downs630 | €41,148 | €35,295 | €44,652 | €48,599 | €52,929 | ▲ 8.9% |
| Operating cash flow (approximation) | €87,297 | €138,589 | €109,552 | €135,765 | €149,673 | ▲ 10.2% |
| Investment in fixed assets (approximation) | - | -€112,339 | €0 | -€33,221 | -€47,802 | ▼ 43.9% |
| Change in cash | - | -€121,930 | -€8,882 | €50,368 | €45,241 | ▼ 10.2% |
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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Equity above €500,000Eq €536,279 ▲7.9%
6 profitable years in a row build equity to €536,279.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
31-12
Financial
Highest result since 2018net €103,293 ▲124%
Operating result €150,573, net result €103,293, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
31-12
Financial
Weakest financial yearnet €27,037 ▼20.8%
Net result drops to €27,037, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Opwijk · 2 establishment units since 1993
Ground area
608 m²
Building footprint
117 m²
Volume, LiDAR
844 m³
2 parcels, Brussels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Waverse Steenweg 96, 1050 Elsene
since 19932.064.400.322
Nijverseelstraat 2, 1745 Opwijk
since 19952.064.400.223
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752G0456/00W000 | Flanders | 544 m² | 1 · 117 m² | 9.3 m · 2 fl. |
| 21009A0869/00H009 | Brussels | 64 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesElsene2.064.400.322
Opwijk2.064.400.223
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PHARMACIE PLASKY
BE 0436.086.264
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PHARMACIE LEJEUNE VDM
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Of 5,220 companies in sector 47730 we hold annual accounts for 3,862. 3,242 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-10-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451154027
Also
9925:BE0451154027
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.