Skip to content

VERDING

Active
Private limited companyfounded 2000active for 26 yearsBoomgaardstraat 29, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0471.241.836

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 02-07-2026 at the NBB all 26 filings

Turnover
€261,765
EBIT margin
9.8%
Net result
€33,466▲ 27.5%
2024 · €26,255
Working capital
€97,706▲ 24.1%
2024 · €78,704
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 36% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.

Operating result€46,701 2025 Net result€33,466 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Services to buildings and landscape activities (NACE 81). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€261,765
Operating result€22,300-€25,541▲ 14.5%€34,689▲ 35.8%€6,233▼ 82.0%-€37,023€32,139€34,277▲ 6.7%€46,701▲ 36.2%
Net result€20,981-€24,041▲ 14.6%€28,453above the sector's middle half▲ 18.4%€3,966within the sector's middle half▼ 86.1%-€39,802below the sector's middle half€29,337above the sector's middle half€26,255within the sector's middle half▼ 10.5%€33,466above the sector's middle half▲ 27.5%
EBIT margin9.8%
Equity€38,534-€62,574▲ 62.4%€91,027within the sector's middle half▲ 45.5%€67,196within the sector's middle half▼ 26.2%€27,394within the sector's middle half▼ 59.2%€56,731within the sector's middle half▲ 107%€82,987within the sector's middle half▲ 46.3%€100,452within the sector's middle half▲ 21.0%
Total assets€99,710-€114,909▲ 15.2%€159,964within the sector's middle half▲ 39.2%€152,975within the sector's middle half▼ 4.4%€118,720within the sector's middle half▼ 22.4%€66,813within the sector's middle half▼ 43.7%€107,370within the sector's middle half▲ 60.7%€131,761within the sector's middle half▲ 22.7%
Debt€61,177-€52,335▼ 14.5%€68,936▲ 31.7%€85,778▲ 24.4%€91,326▲ 6.5%€10,082▼ 89.0%€24,384▲ 142%€31,309▲ 28.4%
Working capital€28,894-€53,761▲ 86.1%€75,502above the sector's middle half▲ 40.4%€50,995within the sector's middle half▼ 32.5%€13,302within the sector's middle half▼ 73.9%€49,928within the sector's middle half▲ 275%€78,704above the sector's middle half▲ 57.6%€97,706above the sector's middle half▲ 24.1%
Solvency38.6%-54.5%▲ 15.8pp56.9%within the sector's middle half▲ 2.4pp43.9%within the sector's middle half▼ 13.0pp23.1%within the sector's middle half▼ 20.9pp84.9%above the sector's middle half▲ 61.8pp77.3%above the sector's middle half▼ 7.6pp76.2%above the sector's middle half▼ 1.1pp
Current ratio1.78-2.59▲ 0.803.34above the sector's middle half▲ 0.751.81within the sector's middle half▼ 1.531.16within the sector's middle half▼ 0.655.95above the sector's middle half▲ 4.794.23above the sector's middle half▼ 1.724.12above the sector's middle half▼ 0.11
Return on assets (ROA)21.0%-20.9%▼ 0.1pp17.8%above the sector's middle half▼ 3.1pp2.6%within the sector's middle half▼ 15.2pp-33.5%below the sector's middle half▼ 36.1pp43.9%above the sector's middle half▲ 77.4pp24.5%above the sector's middle half▼ 19.5pp25.4%above the sector's middle half▲ 0.9pp
Staff (FTE)1.8-1▼ 44.4%1within the sector's middle half=1=1=1=1=1=
above within below The sector band is the middle half of the companies in Services to buildings and landscape activities (NACE 81). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131,761
Fixed assets €2,747 ▼ 35.9%
Current assets €129,014 ▲ 25.1%
Equity and liabilities €131,761
Equity €100,452 ▲ 21.0%
Debt €31,309 ▲ 28.4%
Debt's share of the balance-sheet total rises from 22.7% to 23.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€48,237▲
2024 · €36,797
Cash flow
€35,002▲
2024 · €28,776
Quick ratio
3.72▲
2024 · 3.67
Debt to equity
0.31▲
2024 · 0.29
ROE
33.3%▲
2024 · 31.6%
Interest coverage
33.80▲
2024 · 17.26
Debt ≤ 1 year
€31,309▲
2024 · €24,384
Income taxes
€15,806▲
2024 · €8,424
Staff costs
€358▲
2024 · €345
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as VERDING: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €109,000 and €156,000, founded between 1998 and 2001.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
VERDING Diepenbeek2000€131,761€100,452€49,542€33,4662025
Arcadia Tuinen Horebeke2001€134,708€37,865€51,450€24,8692025
DE TUINKABOUTER Grobbendonk2001€143,326€73,399€44,015€14,0922025
VAXELAIRE EN DECKERS - LANDSCAPE ARCHITECTS ASSOCIATES Braine-l'Alleud1998€135,217-€219€58,636€56,5162025
VERT 2000 Fernelmont2001€152,668€60,432€51,377-€1,1722025
CTPAYSAGE Kraainem1998€156,148€147,931€55,505€34,5202025
BUITEN GEWOON TUINWERKEN Boechout1999€109,070€98,228€55,507€5,2572025

They were chosen from the 4,477 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 31,368 companies had the same profile as VERDING has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VERDING itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 31,368 companies, not a prediction for VERDING. 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.

Subsidies and aid

Flemish government

2022 · 1 entry · €461 awarded · €461 paid
Schemes
1 entry · €461 · €461 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines

Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€107,370€131,761▲
Fixed assets21/28€4,283€2,747▼
Tangible fixed assets22/27€2,663€1,127▼
Land and buildings22€1,377€918▼
Plant, machinery and equipment23€793€209▼
Furniture and vehicles24€492€0▼
Financial fixed assets28€1,620€1,620=
Current assets29/58€103,088€129,014▲
Stocks and contracts in progress3€13,585€12,622▼
Stocks30/36€13,585€12,622▼
Contracts in progress37€0-
Amounts receivable within one year40/41€85,401€84,738▼
Trade receivables40€24,975€5,455▼
Other amounts receivable41€60,425€79,283▲
Cash at bank and in hand54/58€978€28,730▲
Deferred charges and accrued income490/1€3,124€2,924▼
Equity and liabilities
Total equity and liabilities10/49€107,370€131,761▲
Equity10/15€82,987€100,452▲
Contributions10/11€29,300€29,300=
Reserves13€53,687€71,152▲
Distributable reserves133€53,687€71,152▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€24,384€31,309▲
Amounts payable within one year42/48€24,384€31,309▲
Financial debts43€18,476€0▼
Credit institutions430/8€18,476€0▼
Trade debts44€484€4,079▲
Suppliers440/4€484€4,079▲
Taxes, remuneration and social security45€5,424€11,230▲
Taxes450/3€5,424€11,230▲
Other amounts payable47/48-€16,000
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€345€358▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,521€1,536▼
Other operating charges640/8€1,615€947▼
Gross operating margin9900€38,758€49,542▲
Operating profit (loss)9901€34,277€46,701▲
Financial income75/76B€2,534€3,998▲
Recurring financial income75€2,534€3,998▲
Financial charges65/66B€2,131€1,427▼
Recurring financial charges65€2,131€1,427▼
Profit (loss) for the period before taxes9903€34,679€49,272▲
Income taxes67/77€8,424€15,806▲
Profit (loss) for the period9904€26,255€33,466▲
Profit (loss) for the period to be appropriated9905€26,255€33,466▲
Appropriation of the result
Profit (loss) to be appropriated9906€15,790€33,466▲
Profit (loss) brought forward from the previous period14P-€10,465€0▲
Transfer from equity791/2€10,465€16,000▲
Transfer to equity691/2€26,255€33,466▲
To other reserves6921€26,255€33,466▲
Profit to be distributed694/7-€16,000
Return on contributions (dividend)694-€16,000

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Turnover70-€261,765-------
Non-recurring operating income76A---€369€0€10,372€0--
Remuneration, social security and pensions62---€193€199€338€345€358▲ 3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,123€8,094€15,061€15,948€15,977€2,784€2,521€1,536▼ 39.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0-----
Other operating charges640/8---€1,154€634€1,646€1,615€947▼ 41.4%
Gross operating margin9900€45,527€34,600€51,476€23,528-€20,212€36,907€38,758€49,542▲ 27.8%
Operating profit (loss)9901€22,300€25,541€34,689€6,233-€37,023€32,139€34,277€46,701▲ 36.2%
Financial income75/76B---€1,040€775€833€2,534€3,998▲ 57.8%
Recurring financial income75€225€597€1,782€1,040€775€833€2,534€3,998▲ 57.8%
Financial charges65/66B---€1,924€3,555€3,635€2,131€1,427▼ 33.0%
Recurring financial charges65€1,544€1,298€1,698€1,924€3,555€3,635€2,131€1,427▼ 33.0%
Profit (loss) for the period before taxes9903€20,981€24,841€34,773€5,349-€39,802€29,337€34,679€49,272▲ 42.1%
Income taxes67/77-€800€6,320€1,383€0-€8,424€15,806▲ 87.6%
Profit (loss) for the period9904€20,981€24,041€28,453€3,966-€39,802€29,337€26,255€33,466▲ 27.5%
Profit (loss) for the period to be appropriated9905€20,981€24,041€28,453€3,966-€39,802€29,337€26,255€33,466▲ 27.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€99,710€114,909€159,964€152,975€118,720€66,813€107,370€131,761▲ 22.7%
Fixed assets21/28€34,009€27,232€52,185€39,160€23,182€6,803€4,283€2,747▼ 35.9%
Tangible fixed assets22/27€32,389€25,612€50,565€37,540€21,562€5,183€2,663€1,127▼ 57.7%
Land and buildings22---€2,754€2,295€1,836€1,377€918▼ 33.3%
Plant, machinery and equipment23---€3,586€2,226€1,378€793€209▼ 73.7%
Furniture and vehicles24---€31,199€17,042€1,970€492€0▼ 100%
Financial fixed assets28€1,620€1,620€1,620€1,620€1,620€1,620€1,620€1,620=
Current assets29/58€65,701€87,677€107,778€113,815€95,538€60,010€103,088€129,014▲ 25.1%
Stocks and contracts in progress3€8,312€12,330€21,034€53,288€23,853€17,093€13,585€12,622▼ 7.1%
Stocks30/36---€20,788€18,452€14,143€13,585€12,622▼ 7.1%
Contracts in progress37---€32,500€5,401€2,950€0--
Amounts receivable within one year40/41€42,052€53,200€36,486€50,743€63,328€37,508€85,401€84,738▼ 0.8%
Trade receivables40---€27,902€45,511€15,131€24,975€5,455▼ 78.2%
Other amounts receivable41---€22,840€17,817€22,377€60,425€79,283▲ 31.2%
Cash at bank and in hand54/58€7,763€16,007€26,496€2,331€428€588€978€28,730▲ 29×
Deferred charges and accrued income490/1---€7,453€7,929€4,821€3,124€2,924▼ 6.4%
Equity and liabilities
Total equity and liabilities10/49€99,710€114,909€159,964€152,975€118,720€66,813€107,370€131,761▲ 22.7%
Equity10/15€38,534€62,574€91,027€67,196€27,394€56,731€82,987€100,452▲ 21.0%
Contributions10/11€29,300€29,300-€29,300€29,300€29,300€29,300€29,300=
Reserves13€17,930€25,930€33,930€37,896€37,896€37,896€53,687€71,152▲ 32.5%
Non-distributable reserves130/1---€2,930€2,930€0---
Reserves not available under the articles1311---€2,930€2,930€0---
Distributable reserves133---€34,966€34,966€37,896€53,687€71,152▲ 32.5%
Profit (loss) carried forward14-€8,696€7,344€27,797€0-€39,802-€10,465€0€0-
Amounts payable17/49€61,177€52,335€68,936€85,778€91,326€10,082€24,384€31,309▲ 28.4%
Amounts payable after more than one year17€24,185€18,260€36,660€22,959€9,090€0---
Financial debts170/4---€22,959€9,090€0---
Amounts payable within one year42/48€36,807€33,917€32,276€62,820€82,236€10,082€24,384€31,309▲ 28.4%
Current portion of amounts payable after more than one year42---€13,702€13,868€0---
Financial debts43---€6,709€23,324€5,072€18,476€0▼ 100%
Credit institutions430/8---€6,709€23,324€5,072€18,476€0▼ 100%
Trade debts44€19,542€25,822€15,660€36,558€38,698€5,010€484€4,079▲ 743%
Suppliers440/4---€36,558€38,698€5,010€484€4,079▲ 743%
Taxes, remuneration and social security45---€5,852€6,346€0€5,424€11,230▲ 107%
Taxes450/3---€5,852€6,346€0€5,424€11,230▲ 107%
Other amounts payable47/48-------€16,000-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€20,981€24,041€28,453€3,966-€39,802€29,337€26,255€33,466▲ 27.5%
+ Depreciation and write-downs630€8,123€8,094€15,061€15,948€15,977€2,784€2,521€1,536▼ 39.1%
Operating cash flow (approximation)€29,104€32,135€43,514€19,914-€23,825€32,121€28,776€35,002▲ 21.6%
Investment in fixed assets (approximation)--€1,317-€40,014-€2,922€0€13,595€0€0-
Change in cash-€8,244€10,488-€24,165-€1,903€160€390€27,753▲ 71×

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 02-07-2026 2026-00236237 NBB
31-12-2024 micro format 07-07-2025 2025-00237186 PDF
31-12-2023 micro format 24-06-2024 2024-00152193 PDF
31-12-2022 micro format 30-06-2023 2023-00177919 PDF
31-12-2021 micro format 08-07-2022 2022-20161898 PDF
31-12-2020 micro format 07-06-2021 2021-17700021 PDF
31-12-2019 micro format 08-06-2020 2020-15400097 PDF
31-12-2018 micro format 23-07-2019 2019-36400419 PDF
31-12-2017 micro format 04-06-2018 2018-15400576 PDF
31-12-2016 micro format 29-06-2017 2017-23600122 PDF

Show all 26 filings

Next steps