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VERDIR

Active Public limited companyfounded 1987active for 39 yearsRektor-Cremer-Straße,Emmels 43, 4780 Saint-VithKBO/BCE: BE 0432.356.417 #2 company by equity in Saint-Vith, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1988
peak €1.4m (2022)
€862,212▼ 14.5%
peak €2.4m (2009)
€310,573▼ 57.6%
peak €16.4m (2025)
€16.4m▲ 1.8%
€57,903▲ 45.5%
peak 3.5 FTE (2013)
1 FTEunchanged
Board4 names since 2019
3 directorsErich MEYER and 2 others
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Gross margin from €1.0m to €862,212Result from €733,301 to €310,573Debts from €39,802 to €57,903Investments €706,395

Key points

from the 2025 annual accounts

Equity

€16.4m ▲ 1.8%

VERDIR has made a profit in every financial year since 2006.

Result

€310,573 ▼ 57.6%
€733,0002024€311,0002025

The result fell in 2025 from €733,301 to €310,573.

Turnover

≈ €4.3m estimated

The accounts state no turnover.

Investments

€736,423 2.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

37 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 7 to 24 days before the end of the period.

Position in the sector

94.4%

Higher solvency than 95% of companies in wholesale trade. Sector median 45.2% · 6,192 companies.

Checked score

96
Excellent
Financially stronger than 67% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 94.4% of total assets
74-1short-term debt 0.3% · cash 18.9%
70-4return on assets 1.8%

Score breakdown

lowers risk
Founded in 1987
Size: 1 FTE, total assets €17.3m
Liquidity: current ratio 152.54, cash €3.3m
Equity €16.4m (94.4% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 78% on liquidity, 53% on profitability and 47% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as VERDIR has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VERDIR itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 17,041 companies, not a prediction for VERDIR. 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.

Credit verdict

Credit of up to €1,550,000 on 30-day terms is acceptable

Short-term debt is 0.3% and cash 18.9% of total assets. 5.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 1 FTE, total assets €17.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 152.54, cash €3.3m
NBB · annual accounts
lowers risk · Equity €16.4m (94.4% of total assets)
NBB · annual accounts
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
7 days early
2023
9 days early
2022
14 days early
2021
24 days early
2020
40 days early
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0432356417
3 directors appointed, 3 reappointments Reappointments: Erich MEYER, Marlie GILLESSEN and Sandra GILLESSEN · Appointments: Erich MEYER (vorsitzenden des verwaltungsrates), Marlie GILLESSEN (director) and Sandra GILLESSEN (director) · Permanent representative: Sandra GILLESSEN · Gazette deed
3 directors reappointed Erich MEYER (präsident und delegierter verwalter des verwaltungsrates), Marlie GILLESSEN (director) and Sandra MEYER (director) · General meeting of 06-05-2019 · Gazette deed
First establishment VERDIR SA, Rektor-Cremer-Straße,Emmels 43, Saint-Vith
All 51 events

Comparable companies

same main activity, the nearest in size
Company
VERDIR Saint-Vith €17.3m €0.9m 94.4% 1
ETABLISSEMENTEN VERMEULEN Lubbeek €6.8m €1.9m 84.7% 1.2
Flora World Berlaar €3.9m €1.0m 59.9% 2
MICHAEL RAHOENS Oosterzele €3.7m €0.9m 60.4% 2.4
VAN DER VENNET Bruges €5.5m €0.8m 78.2% 9
VAN LAETHEM Sint-Pieters-Leeuw €3.5m €0.4m 70.7% 6
LOUIS MAES INTERNATIONAL Hamme (Vl.) €5.3m €0.7m 42.1% 12

These companies have the same main activity as VERDIR: wholesale trade (NACE 46220). They are smaller than VERDIR: total assets between €3.5m and €6.8m, founded between 1987 and 1998.

Official details

Source: KBO
Status
Active since 30-10-1987Normal situation
Activity
Wholesale tradeNACE 46220and 7 others
Establishment unit
2.032.430.0134780 Saint-Vith, since 25-05-1993
Financial year end
31 December
Peppol
Reachable since 06-10-2025
Company details

Annual accounts 2025

€17.3m▲ 1.6%
Employeeson 31-12-2025
1=
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on VERDIR

VERDIR has existed since 1987. In 2008 the gross margin rose from €470,303 to €1.0m.

The gross margin has fallen every year since 2022.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VERDIR

What is the company number of VERDIR?
The company number of VERDIR is 0432.356.417. The VAT number is the same number with BE in front: BE 0432.356.417.
Where is VERDIR based?
The registered office is at Rektor-Cremer-Straße,Emmels 43, 4780 Saint-Vith.Company details
What does VERDIR do?
According to the KBO register, the main activity is wholesale trade (NACE 46220).
What is the legal form of VERDIR?
VERDIR is a public limited company (NV).
When was VERDIR founded?
VERDIR was founded on 30-10-1987.
Is VERDIR still active?
Yes, VERDIR is an active enterprise in the KBO register.
How many employees does VERDIR have?
VERDIR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VERDIR?
The turnover in financial year 2025 is ≈ €4.3m. This figure is estimated from the gross margin of €862,212 and 139 comparable companies (NACE 46). It probably lies between €2.8m and €7.4m.
Is VERDIR profitable?
In financial year 2025, VERDIR made a profit of €310,573.
Where can I find the annual accounts of VERDIR?
VERDIR filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERDIR due?
VERDIR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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