VERDUS
ActiveSummary
VERDUS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €32k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+13
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.48 in 2024; short-term debt: 26% and cash: 0.2% of total assets), and 26% of the assets are financed with debt.
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Signals
Three 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
74%
Return on assets
25.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
17 d late
2024
24 d late
2023
30 d late
2022
7 d early
2021
30 d late
2020
33 d early
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€93k▲ 52.5%
2024 · €61k
Total assets
€125k▲ 60.1%
2024 · €78k
Net result
€32k▲ 176%
2024 · €12k
Working capital
€1k▼ 87.6%
2024 · €8k
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
Line20212022202320242025
Operating result€-15k€-7k▲ 54.3%€25k€18k▼ 28.6%€49k▲ 170%
Net result€-17k€2k€19k▲ 912%€12k▼ 39.5%€32k▲ 176%
Equity€28k▼ 37.2%€30k▲ 6.7%€49k▲ 63.4%€61k▲ 23.5%€93k▲ 52.5%
Total assets€62k▼ 17.2%€84k▲ 34.6%€66k▼ 21.7%€78k▲ 19.2%€125k▲ 60.1%
Debt€34k▲ 12.6%€54k▲ 57.9%€16k▼ 69.5%€17k▲ 6.5%€33k▲ 86.8%
Working capital€-32k▼ 88.7%€-28k▲ 11.0%€-6k▲ 77.9%€8k€1k▼ 87.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 170% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€92k ▲ 75.0%
Current assets
€34k ▲ 29.9%
Equity and liabilities €125k
Equity
€93k ▲ 52.5%
Debt
€33k ▲ 86.8%
Debt's share of the balance-sheet total rises from 22.3% to 26.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2024 · €30k
Cash flow
€48k▲
2024 · €23k
Current ratio
1.03▼
2024 · 1.48
Debt to equity
0.35▲
2024 · 0.29
ROE
34.4%▲
2024 · 19.0%
ROA
25.5%▲
2024 · 14.8%
Interest coverage
36.35▲
2024 · 22.77
Debt ≤ 1 year
€33k▲
2024 · €17k
Income taxes
€17k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0 | - | €38k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €11k | €11k | €12k | €16k | ▲ 32.8% |
| Other operating charges640/8 | €1k | €1k | €797 | €821 | €1k | ▲ 23.6% |
| Non-recurring operating charges66A | €0 | €2k | - | - | - | - |
| Gross operating margin9900 | €-2k | €7k | €37k | €31k | €66k | ▲ 113% |
| Operating profit (loss)9901 | €-15k | €-7k | €25k | €18k | €49k | ▲ 170% |
| Financial income75/76B | €0 | €11k | €4 | €372 | €1k | ▲ 252% |
| Recurring financial income75 | €0 | €0 | €4 | €372 | €1k | ▲ 252% |
| Non-recurring financial income76B | €0 | €11k | - | - | - | - |
| Financial charges65/66B | €2k | €3k | €3k | €1k | €2k | ▲ 35.3% |
| Recurring financial charges65 | €2k | €3k | €3k | €1k | €2k | ▲ 35.3% |
| Profit (loss) for the period before taxes9903 | €-16k | €2k | €23k | €17k | €48k | ▲ 182% |
| Income taxes67/77 | €242 | €229 | €4k | €6k | €17k | ▲ 195% |
| Profit (loss) for the period9904 | €-17k | €2k | €19k | €12k | €32k | ▲ 176% |
| Profit (loss) for the period to be appropriated9905 | €-17k | €2k | €19k | €12k | €32k | ▲ 176% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62k | €84k | €66k | €78k | €125k | ▲ 60.1% |
| Fixed assets21/28 | €60k | €58k | €55k | €52k | €92k | ▲ 75.0% |
| Tangible fixed assets22/27 | €60k | €58k | €55k | €52k | €92k | ▲ 75.0% |
| Land and buildings22 | €2k | €5k | €9k | €11k | €24k | ▲ 126% |
| Plant, machinery and equipment23 | €4k | €4k | €5k | €7k | €17k | ▲ 144% |
| Furniture and vehicles24 | €29k | €28k | €24k | €21k | €41k | ▲ 92.6% |
| Other tangible fixed assets26 | €25k | €21k | €17k | €14k | €10k | ▼ 27.0% |
| Current assets29/58 | €2k | €25k | €10k | €26k | €34k | ▲ 29.9% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €732 | €24k | €8k | €25k | €31k | ▲ 26.4% |
| Trade receivables40 | €732 | €24k | €8k | €2k | €975 | ▼ 43.4% |
| Other amounts receivable41 | €0 | - | - | €23k | €30k | ▲ 31.6% |
| Cash at bank and in hand54/58 | €275 | €230 | €2k | €34 | €300 | ▲ 772% |
| Deferred charges and accrued income490/1 | €1k | €911 | €961 | €1k | €2k | ▲ 92.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62k | €84k | €66k | €78k | €125k | ▲ 60.1% |
| Equity10/15 | €28k | €30k | €49k | €61k | €93k | ▲ 52.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €24k | €24k | €31k | €42k | €74k | ▲ 75.6% |
| Non-distributable reserves130/1 | €670 | €670 | €0 | - | - | - |
| Reserves not available under the articles1311 | €670 | €670 | €0 | - | - | - |
| Distributable reserves133 | €23k | €23k | €31k | €42k | €74k | ▲ 75.6% |
| Profit (loss) carried forward14 | €-14k | €-12k | €0 | - | - | - |
| Amounts payable17/49 | €34k | €54k | €16k | €17k | €33k | ▲ 86.8% |
| Amounts payable within one year42/48 | €34k | €54k | €16k | €17k | €33k | ▲ 86.8% |
| Financial debts43 | - | - | €4 | €0 | - | - |
| Credit institutions430/8 | - | - | €4 | €0 | - | - |
| Trade debts44 | €16k | €11k | €12k | €7k | €10k | ▲ 42.5% |
| Suppliers440/4 | €16k | €11k | €12k | €7k | €10k | ▲ 42.5% |
| Taxes, remuneration and social security45 | €4k | €2k | €5k | €10k | €22k | ▲ 118% |
| Taxes450/3 | €4k | €2k | €5k | €10k | €22k | ▲ 118% |
| Other amounts payable47/48 | €14k | €40k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-17k | €2k | €19k | €12k | €32k | ▲ 176% |
| + Depreciation and write-downs630 | €12k | €11k | €11k | €12k | €16k | ▲ 32.8% |
| Operating cash flow (approximation) | €-5k | €13k | €30k | €23k | €48k | ▲ 104% |
| Investment in fixed assets (approximation) | - | €-9k | €-8k | €-9k | €-55k | ▼ 531% |
| Change in cash | - | €-45 | €1k | €-2k | €266 | ▲ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Highest result since 2018net €32k ▲176%
Operating result €49k, net result €32k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 1.48
Current ratio from 0.62 to 1.48.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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, Eeklo · 1 establishment unit since 2016
Ground area
288 m²
Building footprint
87 m²
Volume, LiDAR
511 m³
Parcel 43005D0004/00C003, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vastgoed VERDUS
since 20162.256.716.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005D0004/00C003 | Flanders | 288 m² | 1 · 87 m² | 9.8 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 81 EUR awarded · 81 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 81 EUR | 81 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,904. 5,174 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
Founded15-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
46643Wholesale of electrical equipment, including installation materials
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
68329Real estate activities
70200Business and other management consultancy
81100Combined facilities support activities
82100Office administrative and support services
Contact
Scores and ratios are computed by Checked and are not a credit decision.