VERDOTRANS
ActiveSummary
VERDOTRANS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.54M and a net result of €-131k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▲+48
Solvency94▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 8.0 against 7.27 in 2024; short-term debt: 8.2% and cash: 13.5% of total assets), and 31.2% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Water transport (NACE 50)
about 39% fewer bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-131k
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 31-12-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
14 d early
2023
31 d early
2022
31 d early
2021
3 d early
2020
4 d late
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.54M▼ 7.9%
2024 · €1.67M
2019: €183klowest in 7 years
2020: €2.12M▲ +1060% vs 2019highest in 7 years
2021: €1.96M▼ -7.5% vs 2020
2022: €1.82M▼ -7.2% vs 2021
2023: €1.90M▲ +4.2% vs 2022
2024: €1.67M▼ -12.1% vs 2023
2025: €1.54M▼ -7.9% vs 2024
2019 → 2025
Total assets
€2.24M▼ 3.8%
2024 · €2.32M
2019: €3.32M
2020: €5.01M▲ +50.9% vs 2019highest in 7 years
2021: €4.47M▼ -10.9% vs 2020
2022: €4.03M▼ -9.7% vs 2021
2023: €2.57M▼ -36.4% vs 2022
2024: €2.32M▼ -9.5% vs 2023
2025: €2.24M▼ -3.8% vs 2024lowest in 7 years
2019 → 2025
Net result
€-131k▲ 43.1%
2024 · €-231k
2019: €82k
2020: €1.94M▲ +2272% vs 2019highest in 7 years
2021: €-160k▼ -108% vs 2020
2022: €-142k▲ +11.6% vs 2021
2023: €77k▲ +154% vs 2022
2024: €-231k▼ -401% vs 2023lowest in 7 years
2025: €-131k▲ +43.1% vs 2024
2019 → 2025
Working capital
€1.28M▼ 2.8%
2024 · €1.32M
2019: €113klowest in 7 years
2020: €663k▲ +487% vs 2019
2021: €616k▼ -7.1% vs 2020
2022: €604k▼ -1.9% vs 2021
2023: €1.48M▲ +145% vs 2022highest in 7 years
2024: €1.32M▼ -11.1% vs 2023
2025: €1.28M▼ -2.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.96M-€1.82M▼ 7.2%€1.90M▲ 4.2%€1.67M▼ 12.1%€1.54M▼ 7.9%
2021: €1.96Mhighest in 5 years
2022: €1.82M▼ -7.2% vs 2021
2023: €1.90M▲ +4.2% vs 2022
2024: €1.67M▼ -12.1% vs 2023
2025: €1.54M▼ -7.9% vs 2024lowest in 5 years
Operating result€-128k-€-114k▲ 11.0%€92k€-241k€-142k▲ 41.2%
2021: €-128k
2022: €-114k▲ +11.0% vs 2021
2023: €92k▲ +181% vs 2022highest in 5 years
2024: €-241k▼ -363% vs 2023lowest in 5 years
2025: €-142k▲ +41.2% vs 2024
Net result€-160k-€-142k▲ 11.6%€77k€-231k€-131k▲ 43.1%
2021: €-160k
2022: €-142k▲ +11.6% vs 2021
2023: €77k▲ +154% vs 2022highest in 5 years
2024: €-231k▼ -401% vs 2023lowest in 5 years
2025: €-131k▲ +43.1% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €142k in 2025 against €241k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.24M
Fixed assets
€774k ▼ 2.9%
Current assets
€1.46M ▼ 4.2%
Equity and liabilities €2.24M
Equity
€1.54M ▼ 7.9%
Debt
€698k ▲ 6.7%
Debt's share of the balance-sheet total rises from 28.2% to 31.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€94k▲
2024 · €-11k
Cash flow
€105k▲
2024 · €-774
Current ratio
8.00▲
2024 · 7.27
Debt to equity
0.45▲
2024 · 0.39
ROE
-8.5%▲
2024 · -13.8%
ROA
-5.9%▲
2024 · -9.9%
Interest coverage
5.11▲
2024 · -0.70
Debt ≤ 1 year
€183k▼
2024 · €210k
Debt > 1 year
€509k▲
2024 · €440k
Income taxes
€1k▼
2024 · €1k
Staff costs
€48k▼
2024 · €89k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.32M€2.24M▼
Fixed assets21/28€797k€774k▼
Tangible fixed assets22/27€797k€774k▼
Furniture and vehicles24€797k€774k▼
Financial fixed assets28€5€5=
Current assets29/58€1.53M€1.46M▼
Amounts receivable after more than one year29€850k€775k▼
Other amounts receivable291€850k€775k▼
Amounts receivable within one year40/41€75k€63k▼
Trade receivables40€50k€36k▼
Other amounts receivable41€25k€28k▲
Current investments50/53€304k€308k▲
Cash at bank and in hand54/58€280k€301k▲
Deferred charges and accrued income490/1€17k€14k▼
Equity and liabilities
Total equity and liabilities10/49€2.32M€2.24M▼
Equity10/15€1.67M€1.54M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.32M€2.32M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€2.22M€2.22M=
Distributable reserves133€89k€89k=
Profit (loss) carried forward14€-709k€-840k▼
Amounts payable17/49€654k€698k▲
Amounts payable after more than one year17€440k€509k▲
Financial debts170/4€440k€509k▲
Amounts payable within one year42/48€210k€183k▼
Current portion of amounts payable after more than one year42€144k€169k▲
Trade debts44€63k€10k▼
Suppliers440/4€63k€10k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€936-
Other amounts payable47/48-€936
Accrued charges and deferred income492/3€4k€7k▲
Income statement
Code20242025
Non-recurring operating income76A€19k-
Remuneration, social security and pensions62€89k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€230k€236k▲
Other operating charges640/8€9k€4k▼
Gross operating margin9900€87k€146k▲
Operating profit (loss)9901€-241k€-142k▲
Financial income75/76B€28k€30k▲
Recurring financial income75€28k€30k▲
Financial charges65/66B€16k€18k▲
Recurring financial charges65€16k€18k▲
Profit (loss) for the period before taxes9903€-229k€-130k▲
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€-231k€-131k▲
Profit (loss) for the period to be appropriated9905€-231k€-131k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-709k€-840k▼
Profit (loss) brought forward from the previous period14P€-478k€-709k▼
The notes to these accounts (9 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 | - | - | €340k | €19k | - | - |
| Remuneration, social security and pensions62 | - | €89k | €93k | €89k | €48k | ▼ 46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €379k | €386k | €213k | €230k | €236k | ▲ 2.6% |
| Other operating charges640/8 | - | €3k | €3k | €9k | €4k | ▼ 54.3% |
| Gross operating margin9900 | €338k | €364k | €401k | €87k | €146k | ▲ 67.7% |
| Operating profit (loss)9901 | €-128k | €-114k | €92k | €-241k | €-142k | ▲ 41.2% |
| Financial income75/76B | - | €19k | €21k | €28k | €30k | ▲ 7.9% |
| Recurring financial income75 | €19k | €19k | €21k | €28k | €30k | ▲ 7.9% |
| Financial charges65/66B | - | €46k | €35k | €16k | €18k | ▲ 14.3% |
| Recurring financial charges65 | €51k | €46k | €35k | €16k | €18k | ▲ 14.3% |
| Profit (loss) for the period before taxes9903 | €-159k | €-141k | €77k | €-229k | €-130k | ▲ 43.3% |
| Income taxes67/77 | €512 | €513 | €633 | €1k | €1k | ▼ 4.1% |
| Profit (loss) for the period9904 | €-160k | €-142k | €77k | €-231k | €-131k | ▲ 43.1% |
| Profit (loss) for the period to be appropriated9905 | €-160k | €-142k | €77k | €-231k | €-131k | ▲ 43.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.47M | €4.03M | €2.57M | €2.32M | €2.24M | ▼ 3.8% |
| Fixed assets21/28 | €3.52M | €3.15M | €940k | €797k | €774k | ▼ 2.9% |
| Tangible fixed assets22/27 | €3.52M | €3.15M | €940k | €797k | €774k | ▼ 2.9% |
| Plant, machinery and equipment23 | - | €26k | - | - | - | - |
| Furniture and vehicles24 | - | €3.12M | €940k | €797k | €774k | ▼ 2.9% |
| Financial fixed assets28 | €145 | €145 | €5 | €5 | €5 | = |
| Current assets29/58 | €946k | €884k | €1.63M | €1.53M | €1.46M | ▼ 4.2% |
| Amounts receivable after more than one year29 | - | €575k | €575k | €850k | €775k | ▼ 8.8% |
| Other amounts receivable291 | - | €575k | €575k | €850k | €775k | ▼ 8.8% |
| Amounts receivable within one year40/41 | €45k | €50k | €58k | €75k | €63k | ▼ 15.6% |
| Trade receivables40 | - | €48k | €41k | €50k | €36k | ▼ 29.2% |
| Other amounts receivable41 | - | €2k | €18k | €25k | €28k | ▲ 12.4% |
| Current investments50/53 | - | - | €701k | €304k | €308k | ▲ 1.3% |
| Cash at bank and in hand54/58 | €283k | €245k | €280k | €280k | €301k | ▲ 7.8% |
| Deferred charges and accrued income490/1 | - | €13k | €12k | €17k | €14k | ▼ 20.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.47M | €4.03M | €2.57M | €2.32M | €2.24M | ▼ 3.8% |
| Equity10/15 | €1.96M | €1.82M | €1.90M | €1.67M | €1.54M | ▼ 7.9% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €2.32M | €2.32M | €2.32M | €2.32M | €2.32M | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €2.22M | €2.22M | €2.22M | €2.22M | = |
| Distributable reserves133 | - | €89k | €89k | €89k | €89k | = |
| Profit (loss) carried forward14 | €-413k | €-555k | €-478k | €-709k | €-840k | ▼ 18.5% |
| Amounts payable17/49 | €2.50M | €2.21M | €666k | €654k | €698k | ▲ 6.7% |
| Amounts payable after more than one year17 | €2.17M | €1.93M | €519k | €440k | €509k | ▲ 15.5% |
| Financial debts170/4 | - | €1.93M | €519k | €440k | €509k | ▲ 15.5% |
| Amounts payable within one year42/48 | €330k | €279k | €146k | €210k | €183k | ▼ 13.0% |
| Current portion of amounts payable after more than one year42 | - | €237k | €129k | €144k | €169k | ▲ 17.8% |
| Trade debts44 | €11k | €26k | €14k | €63k | €10k | ▼ 84.7% |
| Suppliers440/4 | - | €26k | €14k | €63k | €10k | ▼ 84.7% |
| Taxes, remuneration and social security45 | - | €14k | €3k | €3k | €3k | ▼ 11.9% |
| Taxes450/3 | - | €3k | €2k | €2k | €3k | ▲ 22.8% |
| Remuneration and social security454/9 | - | €11k | €594 | €936 | - | - |
| Other amounts payable47/48 | - | €3k | - | - | €936 | - |
| Accrued charges and deferred income492/3 | - | €3k | €2k | €4k | €7k | ▲ 64.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-160k | €-142k | €77k | €-231k | €-131k | ▲ 43.1% |
| + Depreciation and write-downs630 | €379k | €386k | €213k | €230k | €236k | ▲ 2.6% |
| Operating cash flow (approximation) | €219k | €244k | €290k | €-774 | €105k | ▲ 13,608% |
| Investment in fixed assets (approximation) | - | €-16k | €2.00M | €-87k | €-213k | ▼ 145% |
| Change in cash | - | €-38k | €34k | €2 | €22k | ▲ 1,047,541% |
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
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Weakest financial yearnet €-231k
Net result drops to €-231k, the lowest in the series; recovery starts the following year.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-05
Financial
Back to profitnet €77k
Net result €77k after 2 loss-making years.
31-05
Financial
Liquidity quadruplescurrent ratio 11.15
Current ratio from 3.16 to 11.15; short-term debt falls from €279k to €146k.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
31-05
Financial
Highest result since 2019net €1.94M ▲2,272%
Operating result €2.05M, net result €1.94M, both a record.
31-05
Financial
Liquidity doublescurrent ratio 2.39
Current ratio from 1.19 to 2.39; short-term debt falls from €585k to €476k.
31-05
Financial
Equity above €2MEq €2.12M ▲1,060%
2 profitable years in a row build equity to €2.12M.
Show earlier events
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-11
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 5 acts read
About the unread acts
We know of 5 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
5 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, Ranst · 1 establishment unit since 1999
Ground area
794 m²
Building footprint
145 m²
Volume, LiDAR
880 m³
Parcel 11031C0418/00N002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERDOTRANS NV
since 19992.103.145.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0418/00N002 | Flanders | 794 m² | 1 · 145 m² | 8.2 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRanst2.103.145.882
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M-AQUATRANS
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EVERSEA-SHIPPING
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Of 1,340 companies in sector 50400 we hold annual accounts for 394. 274 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-04-1999
Fiscal year end31-05
Activities, NACEBEL 2025
50400Inland freight water transport
Scores and ratios are computed by Checked and are not a credit decision.