Financials
- Financial year
- 2025
- Total assets
- €298,466
- Profit
- €62,582
- Solvency
- 75.4%
Total assets▲ 37.9%
Net result
20192025
VEREC
ActiveSummary
VEREC has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,132 and a net result of €62,582. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 87% of 255 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Waste collection, recovery and disposal activities
NACE 38330
2 sites
Size
≈ €250,000turnover 2025, estimated
- Equity
- €225,132
- Profit
- €62,582
Turnover estimated from the gross margin
Structure
- Largest shareholder
- VMB AANNEMINGEN · 49%
- Wouter De CleeneDirector
2025 accounts 35 days early1 of 4 deeds summarised
Why 99raises riskSector: Waste collection, recovery and disposal activities (NACE 38)lowers riskLiquidity: current ratio 3.75, cash €203,890Equity €225,132 (75.4% of total assets)Founded in 2010Show the evidence
Checked score
Score 2025
99
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 89% of its sector peers (NACE 38, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 75.4% of total assets
Liquidity
91=
short-term debt 24.6% · cash 68.3%
Profitability
95+21
return on assets 21.0%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025highest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.75, compared with 3.51 in 2024, above the usual 1.5; short-term debt: 24.6% and cash: 68.3% of total assets), and 24.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 38, micro): better than 91% on solvency, 90% on liquidity, 90% on profitability and 85% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
28 days early
2023
1 day early
2022
1 day late
2021
3 days late
2020
31 days late
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end28-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2019 to 2025net €62,582 ▲592%
- Equity above €200,000equity €225,132 ▲38.5%
Key points
By topic
Board & ownership
- Board
- 1 member
- Largest shareholder
- VMB AANNEMINGEN · 49%
- Wouter De CleeneDirector
Timeline
- Events
- 20
- Since
- 2012
- Next accounts
- by 30-04-2027
- 02-04-2025Annual accounts filed
- 30-09-2024Weakest financial year
- 29-04-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Waste collection, recovery and disposal activitiesNACE 38330
- Founded
- 05-07-2010
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 7
- Who signs
- Each director alone
- Annual meeting
- 25 March at 10:00
Key facts about VEREC
- What is the company number of VEREC?
- 0827.521.153. In Belgium the VAT number is the company number with BE in front: BE 0827.521.153.
- Where is VEREC based?
- The registered office is at Schoorstraat(VER) 2B, 9130 Beveren.Company details
- What does VEREC do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38330).
- What is the legal form of VEREC?
- Private limited company (BV).
- When was VEREC founded?
- On 05-07-2010.
- Is VEREC still active?
- Yes, VEREC is an active enterprise in the KBO register.
- What is the turnover of VEREC?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is VEREC profitable?
- In financial year 2025, VEREC made a profit of €62,582.
- Where can I find the annual accounts of VEREC?
- VEREC filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VEREC due?
- By 30-04-2027, for financial year 2026.Timeline
Companies related to VEREC
Shareholders
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- WIPSAalst
- TOMMELEYN EN ZONENLangemark-Poelkapelle
- PIRECDeinze
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