VERDOOLAEGE CONSTRUCT
ActiveSummary
VERDOOLAEGE CONSTRUCT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233k and a net result of €125k. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+26
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 5.18 against 1.09 in 2024; short-term debt: 13.2% and cash: 18% of total assets), and 18% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
82%
Return on assets
43.8%
Age of the figures
12 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €233k
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
26 d early
2023
5 d early
2022
31 d late
2021
24 d late
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€233k▲ 115%
2024 · €109k
2018: €243k
2019: €259k▲ +6.5% vs 2018highest in 8 years
2020: €191k▼ -26.0% vs 2019
2021: €186k▼ -2.6% vs 2020
2022: €192k▲ +3.1% vs 2021
2023: €165k▼ -13.9% vs 2022
2024: €109k▼ -34.2% vs 2023lowest in 8 years
2025: €233k▲ +115% vs 2024
2018 → 2025
Total assets
€285k▲ 27.9%
2024 · €223k
2018: €722k
2019: €440k▼ -39.1% vs 2018
2020: €1.33M▲ +203% vs 2019highest in 8 years
2021: €1.28M▼ -4.3% vs 2020
2022: €359k▼ -71.8% vs 2021
2023: €224k▼ -37.7% vs 2022
2024: €223k▼ -0.7% vs 2023lowest in 8 years
2025: €285k▲ +27.9% vs 2024
2018 → 2025
Net result
€125k
2024 · €-56k
2018: €101k
2019: €16k▼ -84.5% vs 2018
2020: €-67k▼ -528% vs 2019lowest in 8 years
2021: €-5k▲ +92.5% vs 2020
2022: €6k▲ +213% vs 2021
2023: €-27k▼ -570% vs 2022
2024: €-56k▼ -111% vs 2023
2025: €125k▲ +321% vs 2024highest in 8 years
2018 → 2025
Working capital
€157k▲ 1,878%
2024 · €8k
2018: €193k
2019: €204k▲ +5.6% vs 2018highest in 8 years
2020: €101k▼ -50.6% vs 2019
2021: €118k▲ +17.5% vs 2020
2022: €126k▲ +6.7% vs 2021
2023: €113k▼ -10.7% vs 2022
2024: €8k▼ -93.0% vs 2023lowest in 8 years
2025: €157k▲ +1878% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€186k-€192k▲ 3.1%€165k▼ 13.9%€109k▼ 34.2%€233k▲ 115%
2021: €186k
2022: €192k▲ +3.1% vs 2021
2023: €165k▼ -13.9% vs 2022
2024: €109k▼ -34.2% vs 2023lowest in 5 years
2025: €233k▲ +115% vs 2024highest in 5 years
Operating result€11k-€12k▲ 14.7%€-26k€-56k▼ 111%€126k
2021: €11k
2022: €12k▲ +14.7% vs 2021
2023: €-26k▼ -316% vs 2022
2024: €-56k▼ -111% vs 2023lowest in 5 years
2025: €126k▲ +325% vs 2024highest in 5 years
Net result€-5k-€6k€-27k€-56k▼ 111%€125k
2021: €-5k
2022: €6k▲ +213% vs 2021
2023: €-27k▼ -570% vs 2022
2024: €-56k▼ -111% vs 2023lowest in 5 years
2025: €125k▲ +321% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €126k after a loss of €56k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285k
Fixed assets
€90k ▼ 26.9%
Current assets
€195k ▲ 95.8%
Equity and liabilities €285k
Equity
€233k ▲ 115%
Debt
€51k ▼ 55.0%
Debt's share of the balance-sheet total falls from 51.1% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€159k▲
2024 · €-32k
Cash flow
€158k▲
2024 · €-33k
Current ratio
5.18▲
2024 · 1.09
Debt to equity
0.22▼
2024 · 1.05
ROE
53.4%▲
2024 · -52.0%
ROA
43.8%▲
2024 · -25.4%
Interest coverage
86.31▲
2024 · -25.10
Debt ≤ 1 year
€38k▼
2024 · €91k
Debt > 1 year
€14k▼
2024 · €22k
Income taxes
€534▲
2024 · €338
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€223k€285k▲
Fixed assets21/28€123k€90k▼
Tangible fixed assets22/27€123k€90k▼
Plant, machinery and equipment23€11k€3k▼
Furniture and vehicles24€108k€83k▼
Other tangible fixed assets26€5k€5k=
Current assets29/58€99k€195k▲
Amounts receivable within one year40/41€14k€92k▲
Trade receivables40€13k€86k▲
Other amounts receivable41€2k€6k▲
Current investments50/53€70k€50k▼
Cash at bank and in hand54/58€14k€51k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€223k€285k▲
Equity10/15€109k€233k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€94k€219k▲
Amounts payable17/49€114k€51k▼
Amounts payable after more than one year17€22k€14k▼
Financial debts170/4€22k€14k▼
Amounts payable within one year42/48€91k€38k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€11k€18k▲
Suppliers440/4€11k€18k▲
Taxes, remuneration and social security45€131€161▲
Taxes450/3€131€161▲
Other amounts payable47/48€71k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€41k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€33k▲
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A€26k-
Gross operating margin9900€-4k€164k▲
Operating profit (loss)9901€-56k€126k▲
Financial income75/76B€910€1k▲
Recurring financial income75€910€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-56k€125k▲
Income taxes67/77€338€534▲
Profit (loss) for the period9904€-56k€125k▲
Profit (loss) for the period to be appropriated9905€-56k€125k▲
Appropriation of the result
Profit (loss) to be appropriated9906€94k€219k▲
Profit (loss) brought forward from the previous period14P€151k€94k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €650 | - | - | €41k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €12k | €13k | €24k | €33k | ▲ 38.5% |
| Other operating charges640/8 | €2k | €3k | €1k | €2k | €5k | ▲ 217% |
| Non-recurring operating charges66A | - | - | - | €26k | - | - |
| Gross operating margin9900 | €44k | €27k | €-12k | €-4k | €164k | ▲ 3,966% |
| Operating profit (loss)9901 | €11k | €12k | €-26k | €-56k | €126k | ▲ 325% |
| Financial income75/76B | €516 | €7k | €310 | €910 | €1k | ▲ 47.9% |
| Recurring financial income75 | €516 | €7k | €310 | €910 | €1k | ▲ 47.9% |
| Financial charges65/66B | €16k | €9k | €430 | €1k | €2k | ▲ 45.0% |
| Recurring financial charges65 | €16k | €9k | €430 | €1k | €2k | ▲ 45.0% |
| Profit (loss) for the period before taxes9903 | €-5k | €9k | €-27k | €-56k | €125k | ▲ 323% |
| Income taxes67/77 | €365 | €4k | €212 | €338 | €534 | ▲ 57.8% |
| Profit (loss) for the period9904 | €-5k | €6k | €-27k | €-56k | €125k | ▲ 321% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €6k | €-27k | €-56k | €125k | ▲ 321% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.28M | €359k | €224k | €223k | €285k | ▲ 27.9% |
| Fixed assets21/28 | €68k | €66k | €53k | €123k | €90k | ▼ 26.9% |
| Tangible fixed assets22/27 | €44k | €43k | €30k | €123k | €90k | ▼ 26.9% |
| Plant, machinery and equipment23 | €27k | €28k | €19k | €11k | €3k | ▼ 74.2% |
| Furniture and vehicles24 | €13k | €10k | €6k | €108k | €83k | ▼ 23.4% |
| Other tangible fixed assets26 | €5k | €5k | €5k | €5k | €5k | = |
| Financial fixed assets28 | €24k | €23k | €23k | - | - | - |
| Current assets29/58 | €1.21M | €294k | €172k | €99k | €195k | ▲ 95.8% |
| Stocks and contracts in progress3 | €935k | - | €33k | - | - | - |
| Stocks30/36 | €935k | - | €33k | - | - | - |
| Amounts receivable within one year40/41 | €145k | €122k | €37k | €14k | €92k | ▲ 541% |
| Trade receivables40 | €31k | €21k | €29k | €13k | €86k | ▲ 577% |
| Other amounts receivable41 | €114k | €101k | €8k | €2k | €6k | ▲ 259% |
| Current investments50/53 | - | - | - | €70k | €50k | ▼ 28.6% |
| Cash at bank and in hand54/58 | €126k | €169k | €100k | €14k | €51k | ▲ 277% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €1k | €1k | ▲ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.28M | €359k | €224k | €223k | €285k | ▲ 27.9% |
| Equity10/15 | €186k | €192k | €165k | €109k | €233k | ▲ 115% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €172k | €178k | €151k | €94k | €219k | ▲ 132% |
| Amounts payable17/49 | €1.09M | €168k | €59k | €114k | €51k | ▼ 55.0% |
| Amounts payable after more than one year17 | - | - | - | €22k | €14k | ▼ 39.0% |
| Financial debts170/4 | - | - | - | €22k | €14k | ▼ 39.0% |
| Amounts payable within one year42/48 | €1.09M | €168k | €59k | €91k | €38k | ▼ 58.9% |
| Current portion of amounts payable after more than one year42 | €981k | €82k | - | €8k | €9k | ▲ 3.5% |
| Trade debts44 | €64k | €46k | €11k | €11k | €18k | ▲ 61.3% |
| Suppliers440/4 | €64k | €46k | €11k | €11k | €18k | ▲ 61.3% |
| Advances received on contracts in progress46 | - | - | €3k | - | - | - |
| Taxes, remuneration and social security45 | €365 | €120 | €159 | €131 | €161 | ▲ 22.9% |
| Taxes450/3 | €365 | €120 | €159 | €131 | €161 | ▲ 22.9% |
| Other amounts payable47/48 | €45k | €39k | €45k | €71k | €10k | ▼ 85.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €6k | €-27k | €-56k | €125k | ▲ 321% |
| + Depreciation and write-downs630 | €32k | €12k | €13k | €24k | €33k | ▲ 38.5% |
| Operating cash flow (approximation) | €27k | €18k | €-13k | €-33k | €158k | ▲ 585% |
| Investment in fixed assets (approximation) | - | €-10k | €0 | €-95k | €0 | ▲ 100% |
| Change in cash | - | €44k | €-70k | €-86k | €38k | ▲ 144% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €125k
Net result €125k after 2 loss-making years.
30-09
Financial
Liquidity times 5current ratio 5.18
Current ratio from 1.09 to 5.18; short-term debt falls from €91k to €38k.
30-09
Financial
Equity above €200kEq €233k ▲115%
Equity rises from €109k to €233k.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-09
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 · 1 establishment unit since 2006
Ground area
3,735 m²
Building footprint
127 m²
Volume, LiDAR
416 m³
Parcel 23752E0148/00E000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IMERGY
since 20062.151.668.747
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752E0148/00E000 | Flanders | 3,735 m² | 1 · 127 m² | 7.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IMMO NEW SCHMITZ
BE 0464.033.053
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VASTGOEDPARTNERS
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2006
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.