VERDUYN
ActiveVERDUYN has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.81M and a net result of €925k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-7
Solvency54▲+2
Growth67▼-1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.55 in 2024; short-term debt: 38.4% and cash: 0.5% of total assets), and 71.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
28.7%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d early
2023
48 d early
2023
8 d late
2022
12 d early
2021
on the day
2020
6 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€72.17M▼ 4.4%
2024 · €75.52M
2019: €57.95M
2020: €59.87M
2021: €61.65M
2022: €60.11M
2023: €68.74M
2023: €33.93M
2024: €75.52M
2019 → 2025
EBIT margin
2.7%▼ 2.2pp
2024 · 4.9%
2019: 1.4%
2020: 3.6%
2021: 0.8%
2022: -0.3%
2023: -1.2%
2023: 9.7%
2024: 4.9%
2019 → 2025
Net result
€925k▼ 62.4%
2024 · €2.46M
2019: €219k
2020: €1.65M
2021: €105k
2022: €-637k
2023: €-1.37M
2023: €2.71M
2024: €2.46M
2019 → 2025
Working capital
€4.51M▼ 32.7%
2024 · €6.70M
2019: €3.27M
2020: €4.75M
2021: €4.75M
2022: €3.48M
2023: €3.10M
2023: €5.28M
2024: €6.70M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Turnover€60.11M-€68.74M▲ 14.4%€33.93M▼ 50.6%€75.52M▲ 123%€72.17M▼ 4.4%
Equity€6.08M-€4.62M▼ 24.0%€6.79M▲ 47.1%€8.93M▲ 31.4%€9.81M▲ 9.9%
Operating result€-199k-€-852k▼ 329%€3.29M€3.72M▲ 13.1%€1.93M▼ 48.0%
Net result€-637k-€-1.37M▼ 115%€2.71M€2.46M▼ 9.3%€925k▼ 62.4%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34.13M
Fixed assets
€16.53M▲ 17.5%
Current assets
€17.61M▼ 6.4%
Equity and liabilities €34.13M
Equity
€9.81M▲ 9.9%
Provisions
€42k▼ 8.7%
Debt
€24.28M▲ 1.6%
The debt ratio falls from 72.7% to 71.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.48M▼
2024 · €6.65M
Cash flow
€3.48M▼
2024 · €5.40M
Solvency
28.7%▲
2024 · 27.2%
Current ratio
1.34▼
2024 · 1.55
Quick ratio
1.20▼
2024 · 1.39
Debt / equity
2.47▼
2024 · 2.68
ROE
9.4%▼
2024 · 27.6%
ROA
2.7%▼
2024 · 7.5%
Interest coverage
7.36▼
2024 · 9.97
Debt
€24.28M▲
2024 · €23.91M
Debt ≤ 1 year
€13.09M▲
2024 · €12.11M
Debt > 1 year
€11.04M▼
2024 · €11.74M
Income taxes
€376k▼
2024 · €706k
Staff costs
€6.29M▲
2024 · €5.26M
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€32.88M€34.13M▲
Fixed assets21/28€14.07M€16.53M▲
Intangible fixed assets21€456k€395k▼
Tangible fixed assets22/27€13.25M€12.95M▼
Land and buildings22€8.11M€7.50M▼
Plant, machinery and equipment23€1.14M€1.67M▲
Furniture and vehicles24€71k€55k▼
Leasing and similar rights25€3.93M€3.72M▼
Assets under construction and advance payments27€0-
Financial fixed assets28€362k€3.18M▲
Affiliated companies280/1€300k€3.17M▲
Participating interests280€300k€3.17M▲
Companies linked by participating interests282/3€59k€2k▼
Participating interests282€51k€2k▼
Amounts receivable283€8k€0▼
Other financial fixed assets284/8€3k€3k▲
Amounts receivable and cash guarantees285/8€3k€3k▲
Current assets29/58€18.82M€17.61M▼
Amounts receivable after more than one year29€575k€700k▲
Other amounts receivable291€575k€700k▲
Stocks and contracts in progress3€1.99M€1.95M▼
Stocks30/36€1.99M€1.95M▼
Raw materials and consumables30/31€1.99M€1.95M▼
Amounts receivable within one year40/41€15.00M€13.44M▼
Trade receivables40€10.47M€9.61M▼
Other amounts receivable41€4.52M€3.83M▼
Cash at bank and in hand54/58€182k€157k▼
Deferred charges and accrued income490/1€1.07M€1.37M▲
Equity and liabilities
Total equity and liabilities10/49€32.88M€34.13M▲
Equity10/15€8.93M€9.81M▲
Contributions10/11€782k€782k=
Capital10€782k€782k=
Issued capital100€782k€782k=
Reserves13€7.84M€8.76M▲
Non-distributable reserves130/1€78k€78k=
Legal reserve130€78k€78k=
Tax-exempt reserves132€1.69M€2.10M▲
Distributable reserves133€6.07M€6.58M▲
Investment grants15€312k€267k▼
Provisions and deferred taxes16€46k€42k▼
Deferred taxes168€46k€42k▼
Amounts payable17/49€23.91M€24.28M▲
Amounts payable after more than one year17€11.74M€11.04M▼
Financial debts170/4€11.74M€8.27M▼
Subordinated loans170€3.74M€1.36M▼
Leasing and similar obligations172€3.24M€2.79M▼
Credit institutions173€4.75M€4.12M▼
Other amounts payable178/9-€2.76M
Amounts payable within one year42/48€12.11M€13.09M▲
Current portion of amounts payable after more than one year42€2.78M€2.53M▼
Financial debts43€759k€2.00M▲
Credit institutions430/8€759k€2.00M▲
Trade debts44€7.35M€7.33M▼
Suppliers440/4€7.35M€7.33M▼
Taxes, remuneration and social security45€965k€1.22M▲
Taxes450/3€179k€319k▲
Remuneration and social security454/9€786k€904k▲
Other amounts payable47/48€266k€0▼
Accrued charges and deferred income492/3€55k€148k▲
Income statement
Code20242025
Operating income70/76A€77.36M€74.18M▼
Turnover70€75.52M€72.17M▼
Other operating income74€1.83M€1.92M▲
Non-recurring operating income76A€4k€91k▲
Operating charges60/66A€73.64M€72.25M▼
Goods for resale, raw materials and consumables60€45.73M€44.36M▼
Purchases600/8€46.06M€44.32M▼
Change in stocks: decrease (increase)609€-328k€46k▲
Services and other goods61€18.42M€18.80M▲
Remuneration, social security and pensions62€5.26M€6.29M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.94M€2.55M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€329k€119k▼
Other operating charges640/8€138k€129k▼
Non-recurring operating charges66A€830k€0▼
Operating profit (loss)9901€3.72M€1.93M▼
Financial income75/76B€190k€66k▼
Recurring financial income75€190k€66k▼
Income from current assets751€100k€17k▼
Other financial income752/9€89k€49k▼
Financial charges65/66B€742k€699k▼
Recurring financial charges65€742k€650k▼
Debt charges650€667k€609k▼
Other financial charges652/9€74k€41k▼
Non-recurring financial charges66B-€49k
Profit (loss) for the period before taxes9903€3.16M€1.30M▼
Transfer from deferred taxes780€4k€4k▼
Income taxes67/77€706k€376k▼
Taxes670/3€709k€376k▼
Tax adjustments and reversals of tax provisions77€3k€0▼
Profit (loss) for the period9904€2.46M€925k▼
Transfer from tax-exempt reserves789€13k€12k▼
Transfer to tax-exempt reserves689-€421k
Profit (loss) for the period to be appropriated9905€2.48M€516k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.48M€516k▼
Transfer to equity691/2€2.23M€516k▼
To other reserves6921€2.23M€516k▼
Profit to be distributed694/7€250k€0▼
Return on contributions (dividend)694€0-
Directors or managers695€250k€0▼
Social balance
Average headcount (FTE)908784.797.7▲
The notes to these accounts (130 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 8 days late
2023
31-12
Financial
Back to profitnet €2.71M
Net result €2.71M after 2 loss-making years.
31-12
Financial
Equity above €5MEq €6.79M ▲47.1%
Equity rises from €4.62M to €6.79M.
30-06
Financial
Weakest financial yearnet €-1.37M
Net result drops to €-1.37M, the lowest in the series; recovery starts the following year.
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Kortemark · 1 establishment unit 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.
Galgestraat 98610 KortemarkGround area
72 m²
Building footprint
72 m²
Volume, LiDAR
574 m³
Parcel 32011D0504/00E002, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VERDUYN
since 20012.011.169.393
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011D0504/00E002 | Flanders | 72 m² | 1 · 72 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2023 to 2025 · 6 entries · 13,033 EUR awarded · 13,014 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,448 EUR | 1,448 EUR |
| 2024 | 2 | 4,270 EUR | 4,347 EUR |
| 2023 | 2 | 7,315 EUR | 7,219 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortemark2.011.169.393
Similar companies · same sector, comparable size
DSP FOOD
BE 0441.868.157
Gent · Eq €10.00M
VAN DIJK FOODS BELGIUM
BE 0407.931.124
Sint-Katelijne-Waver · Eq €10.03M
B.D.W. HOLDING
BE 0886.010.569
Sint-Katelijne-Waver · Eq €10.05M
MARKELBACH & CORNE
BE 0466.515.362
Antwerpen · Eq €10.21M
EURO - GIJBELS
BE 0439.703.374
Geel · Eq €9.17M
Of 956 companies in sector 46319 we hold annual accounts for 609. 189 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-06-1975
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
51310
46211Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.