VERDOOT JOEL
ActiveVERDOOT JOEL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €601k and a net result of €186k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
91
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+52
Solvency56▲+4
Growth72=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.17 in 2024), but 71.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
28.6%
Return on assets
8.9%
Age of the figures
8 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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
10 d early
2023
6 d late
2022
20 d early
2021
12 d late
2020
27 d late
2019
9 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.31M▲ 12.3%
2022 · €2.06M
2018: €1.58M
2019: €1.72M
2020: €1.65M
2021: €1.91M
2022: €2.06M
2018 → 2023
EBIT margin
4.9%▼ 1.5pp
2022 · 6.4%
2018: 3.6%
2019: 7.9%
2020: 3.1%
2021: 6.4%
2022: 6.4%
2018 → 2023
Net result
€186k▲ 366%
2024 · €40k
2018: €38k
2019: €113k
2020: €-12k
2021: €62k
2022: €34k
2023: €3k
2024: €40k
2018 → 2025
Working capital
€300k▲ 292%
2024 · €77k
2018: €104k
2019: €79k
2020: €183k
2021: €155k
2022: €188k
2023: €100k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.91M-€2.06M▲ 7.6%€2.31M▲ 12.3%
Equity€337k-€371k▲ 10.2%€374k▲ 0.8%€414k▲ 10.7%€601k▲ 44.9%
Operating result€123k-€132k▲ 7.9%€113k▼ 14.4%€193k▲ 70.0%€391k▲ 103%
Net result€62k-€34k▼ 44.3%€3k▼ 91.0%€40k▲ 1,194%€186k▲ 366%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 103% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.10M
Fixed assets
€1.20M▲ 50.5%
Current assets
€900k▲ 66.4%
Equity and liabilities €2.10M
Equity
€601k▲ 44.9%
Provisions
€50k
Debt
€1.45M▲ 56.9%
The debt ratio stays at 69.1%.
Key figures and ratios
EBITDA
€612k▲
2024 · €379k
Cash flow
€407k▲
2024 · €226k
Solvency
28.6%▼
2024 · 30.9%
Current ratio
1.50▲
2024 · 1.17
Quick ratio
1.41▲
2024 · 1.13
Debt / equity
2.42▲
2024 · 2.23
ROE
31.0%▲
2024 · 9.6%
ROA
8.9%▲
2024 · 3.0%
Interest coverage
4.20▲
2024 · 4.18
Debt
€1.45M▲
2024 · €926k
Debt ≤ 1 year
€599k▲
2024 · €464k
Debt > 1 year
€852k▲
2024 · €462k
Income taxes
€43k▲
2024 · €6k
Staff costs
€451k▼
2024 · €468k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.34M€2.10M▲
Fixed assets21/28€799k€1.20M▲
Tangible fixed assets22/27€799k€1.20M▲
Plant, machinery and equipment23€671k€1.16M▲
Furniture and vehicles24€94k€33k▼
Leasing and similar rights25€34k€11k▼
Financial fixed assets28€545€545▼
Current assets29/58€541k€900k▲
Stocks and contracts in progress3€15k€53k▲
Stocks30/36€15k€53k▲
Amounts receivable within one year40/41€385k€556k▲
Trade receivables40€361k€459k▲
Other amounts receivable41€25k€97k▲
Cash at bank and in hand54/58€135k€248k▲
Deferred charges and accrued income490/1€5k€43k▲
Equity and liabilities
Total equity and liabilities10/49€1.34M€2.10M▲
Equity10/15€414k€601k▲
Contributions10/11€33k€33k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€379k€565k▲
Provisions and deferred taxes16-€50k
Provisions for liabilities and charges160/5-€50k
Other liabilities and charges164/5-€50k
Amounts payable17/49€926k€1.45M▲
Amounts payable after more than one year17€462k€852k▲
Financial debts170/4€455k€848k▲
Trade debts175€6k€4k▼
Amounts payable within one year42/48€464k€599k▲
Current portion of amounts payable after more than one year42€186k€213k▲
Trade debts44€205k€219k▲
Suppliers440/4€205k€219k▲
Taxes, remuneration and social security45€11k€58k▲
Taxes450/3€6k€54k▲
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€62k€109k▲
Income statement
Code20242025
Non-recurring operating income76A€115-
Remuneration, social security and pensions62€468k€451k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186k€221k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-35k-
Other operating charges640/8€8k€5k▼
Non-recurring operating charges66A€3k€32k▲
Gross operating margin9900€823k€1.10M▲
Operating profit (loss)9901€193k€391k▲
Financial income75/76B-€3k
Recurring financial income75-€268
Non-recurring financial income76B-€3k
Financial charges65/66B€147k€165k▲
Recurring financial charges65€91k€146k▲
Non-recurring financial charges66B€56k€19k▼
Profit (loss) for the period before taxes9903€46k€229k▲
Income taxes67/77€6k€43k▲
Profit (loss) for the period9904€40k€186k▲
Profit (loss) for the period to be appropriated9905€40k€186k▲
Appropriation of the result
Profit (loss) to be appropriated9906€379k€565k▲
Profit (loss) brought forward from the previous period14P€339k€379k▲
Social balance
Average headcount (FTE)90877.16.2▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €186k ▲366%
Operating result €391k, net result €186k, both a record.
31-12
Financial
Equity above €500kEq €601k ▲44.9%
5 profitable years in a row build equity to €601k.
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 6 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-12k ▼111%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €200kEq €287k ▲64.9%
2 profitable years in a row build equity to €287k.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Nivelles · 2 establishment units since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin de Baudémont 171400 NivellesGround area
1.9 ha
Building footprint
1,384 m²
Volume, LiDAR
10,709 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Chemin de Baudémont 17, 1400 Nivelles
since 20012.096.976.385
VJ RECYCLING by Groupe Verdoot
since 20252.375.461.506
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25044D0450/00F002 | Wallonia | 1.8 ha | 1 · 1,296 m² | 10.3 m · 3 fl. |
| 25072A0202/00C000 | Wallonia | 951 m² | 1 · 87 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
Recognised contractor
8 categoriesVERDOOT JOEL SRL45697
Legal Entity Identifier
254900XR74RZ3WIYW632
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Balen · Eq €600k
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ACROTECHNOLOGIE
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 4,174 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2001
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
42110Construction of roads and motorways
43120Site preparation
43130Specialised construction activities
43320Joinery installation
43350Other building finishing work
45112
45230
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:verdoot.sprl@gmail.com