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VERDUMAR

Active
Private limited company (pre-2019)founded 197848 yrs activeSimon Stevinlaan 2, 2650 Edegem, BelgiumKBO/BCE: BE 0418.700.203
Summary

VERDUMAR has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8,972 and a net result of -€1,210. Equity is shrinking by ~10% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability4▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
short-term debt: 0.1% and cash: 100% of total assets, and 0.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 48 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-13.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
29 d early
2022
28 d early
2021
34 d early
2020
33 d early
2019
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VERDUMAR was incorporated on 23 August 1978.1 Total assets fell from EUR 16,082 in 2018 to EUR 8,978 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€8,972▼ 11.9%
2023 · €10,182
Total assets
€8,978▼ 11.9%
2023 · €10,188
Net result
-€1,210▲ 7.4%
2023 · -€1,307
Working capital
€8,972▼ 11.9%
2023 · €10,182
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€1,050▼ 56.7%-€1,466▼ 39.6%-€1,236▲ 15.7%-€1,262▼ 2.1%-€1,165▲ 7.7%
Net result-€1,092▼ 54.0%-€1,511▼ 38.4%-€1,281▲ 15.2%-€1,307▼ 2.0%-€1,210▲ 7.4%
Equity€14,281▼ 7.1%€12,770▼ 10.6%€11,489▼ 10.0%€10,182▼ 11.4%€8,972▼ 11.9%
Total assets€14,281▼ 7.1%€12,770▼ 10.6%€11,495▼ 10.0%€10,188▼ 11.4%€8,978▼ 11.9%
Debt€6€6=€6=
Working capital€11,489€10,182▼ 11.4%€8,972▼ 11.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2020: -€1,050-€1,050Net result 2020: -€1,092-€1,092Operating result 2021: -€1,466-€1,466Net result 2021: -€1,511-€1,511Operating result 2022: -€1,236-€1,236Net result 2022: -€1,281-€1,281Operating result 2023: -€1,262-€1,262Net result 2023: -€1,307-€1,307Operating result 2024: -€1,165-€1,165Net result 2024: -€1,210-€1,21020202021202220232024-€1,500-€1,000-€500€0Operating result 2022: -€1,236-€1,240Net result 2022: -€1,281-€1,280Operating result 2023: -€1,262-€1,260Net result 2023: -€1,307-€1,310Operating result 2024: -€1,165-€1,160Net result 2024: -€1,210-€1,210202220232024
The operating result stays negative: a loss of €1,165 in 2024 against €1,262 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €8,978
Equity €8,972 ▼ 11.9%
Debt €6 =
Debt's share of the balance-sheet total stays at 0.1%.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.00▲
2023 · 0.00
ROE
-13.5%▼
2023 · -12.8%
ROA
-13.5%▼
2023 · -12.8%
Debt ≤ 1 year
€6=
2023 · €6
A ratio outside any meaningful range has been withheld (balance sheet total €8,978, equity €8,972).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 23 lines
Balance sheet Code20232024
Assets
Total assets20/58€10,188€8,978▼
Current assets29/58€10,188€8,978▼
Cash at bank and in hand54/58€10,188€8,978▼
Equity and liabilities
Total equity and liabilities10/49€10,188€8,978▼
Equity10/15€10,182€8,972▼
Contributions10/11€18,592€18,592=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€10,269-€11,479▼
Amounts payable17/49€6€6=
Amounts payable within one year42/48€6€6=
Other amounts payable47/48€6€6=
Income statement Code20232024
Other operating charges640/8€109-
Gross operating margin9900-€1,153-€1,165▼
Operating profit (loss)9901-€1,262-€1,165▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€1,307-€1,210▲
Profit (loss) for the period9904-€1,307-€1,210▲
Profit (loss) for the period to be appropriated9905-€1,307-€1,210▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,269-€11,479▼
Profit (loss) brought forward from the previous period14P-€8,962-€10,269▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€101€102€109--
Gross operating margin9900-€950-€1,365-€1,134-€1,153-€1,165▼ 1.1%
Operating profit (loss)9901-€1,050-€1,466-€1,236-€1,262-€1,165▲ 7.7%
Financial charges65/66B-€45€45€45€45=
Recurring financial charges65€42€45€45€45€45=
Profit (loss) for the period before taxes9903-€1,092-€1,511-€1,281-€1,307-€1,210▲ 7.4%
Profit (loss) for the period9904-€1,092-€1,511-€1,281-€1,307-€1,210▲ 7.4%
Profit (loss) for the period to be appropriated9905-€1,092-€1,511-€1,281-€1,307-€1,210▲ 7.4%
Line20202021202220232024Change
Assets
Total assets20/58€14,281€12,770€11,495€10,188€8,978▼ 11.9%
Current assets29/58€14,281€12,770€11,495€10,188€8,978▼ 11.9%
Cash at bank and in hand54/58€14,281€12,770€11,495€10,188€8,978▼ 11.9%
Equity and liabilities
Total equity and liabilities10/49€14,281€12,770€11,495€10,188€8,978▼ 11.9%
Equity10/15€14,281€12,770€11,489€10,182€8,972▼ 11.9%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14-€6,170-€7,681-€8,962-€10,269-€11,479▼ 11.8%
Amounts payable17/49--€6€6€6=
Amounts payable within one year42/48--€6€6€6=
Other amounts payable47/48--€6€6€6=
Line20202021202220232024Change
Profit (loss) for the period9904-€1,092-€1,511-€1,281-€1,307-€1,210▲ 7.4%
Operating cash flow (approximation)-€1,092-€1,511-€1,281-€1,307-€1,210▲ 7.4%
Change in cash--€1,511-€1,275-€1,307-€1,210▲ 7.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€1,511
Net result drops to -€1,511, the lowest in the series; recovery starts the following year.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Edegem · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
374 m²
Building footprint
74 m²
Volume, LiDAR
615 m³
Parcel 11013A0025/00Y000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Simon Stevinlaan 2, 2650 Edegem
Air transport
since 19872.122.304.669
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11013A0025/00Y000 Flanders 374 m² 1 · 74 m² 11.3 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-08-1978
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.