Financials
- Financial year
- 2025
- Total assets
- €814,832
- Profit
- €30,429
- Solvency
- 14.4%
Total assets▲ 254%
Net result
20242025
Verdonck Projects
ActiveSummary
Verdonck Projects has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,517 and a net result of €30,429. Its solvency ranks better than 16% of 9,849 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
≈ €350,000turnover 2025, estimated
- Equity
- €117,517
- Profit
- €30,429
Turnover estimated from the gross margin
Why 65raises riskFounded in 2023Liquidity: current ratio 0.65, cash €5,154, halvedSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €814,832Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency
39-24
equity 14.4% of total assets
Liquidity
36-13
short-term debt 33.1% · cash 0.6%
Profitability
73-27
return on assets 3.7%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.9%
12-2024: 1.9%● unchanged vs 11-2024
01-2025: 2.0%▲ +0.1 percentage points vs 12-2024
02-2025: 2.3%▲ +0.3 percentage points vs 01-2025
03-2025: 2.4%▲ +0.1 percentage points vs 02-2025
04-2025: 2.7%▲ +0.3 percentage points vs 03-2025
05-2025: 3.0%▲ +0.3 percentage points vs 04-2025highest value
06-2025: 3.0%● unchanged vs 05-2025highest value
07-2025: 2.9%▼ -0.1 percentage points vs 06-2025
08-2025: 0.6%▼ -2.3 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025lowest value
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.5 percentage points vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.65, compared with 1.49 in 2024, below 1; short-term debt: 33.1% and cash: 0.6% of total assets), and 85.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 17% on solvency, 25% on liquidity, 45% on profitability and 77% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9849 sector peers (2025).
NBB · sector comparisonPosition among 9849 sector peers
Solvency
better than 16%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
7 days early
2024
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 19 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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.
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €100,000equity €117,517 ▲34.9%
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 1 member
- VERDONCK Gert Clara GeertDirector
Timeline
- Events
- 4
- Since
- 2023
- Next accounts
- by 31-07-2027
- 20-10-2023Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 18-10-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 11
- Who signs
- Each director alone
- Annual meeting
- Last Friday of June at 10:00
- Purpose
- “Alle activiteiten van schrijnwerk; Alle activiteiten van interieurmaatwerk; Groot en…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about Verdonck Projects
- What is the company number of Verdonck Projects?
- 1001.330.802. In Belgium the VAT number is the company number with BE in front: BE 1001.330.802.
- Where is Verdonck Projects based?
- The registered office is at Bruidstraat 13, 9031 Gent.Company details
- What does Verdonck Projects do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Verdonck Projects?
- Private limited company (BV).
- When was Verdonck Projects founded?
- On 18-10-2023.
- Is Verdonck Projects still active?
- Yes, Verdonck Projects is an active enterprise in the KBO register.
- What is the turnover of Verdonck Projects?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Verdonck Projects profitable?
- In financial year 2025, Verdonck Projects made a profit of €30,429.
- Where can I find the annual accounts of Verdonck Projects?
- Verdonck Projects filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Verdonck Projects due?
- By 31-07-2027, for financial year 2026.Timeline
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