VERECO

Active

Limited partnershipfounded 201312 yrs activeBellevuedreef 7, 2970 Schilde, BelgiumKBO/BCE: BE 0542.687.185

VERECO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €226k and a net result of €-3k. The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2017

58 / 100

Fair▼ -20 vs 2016

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2016

Profitability0▼-71

Solvency78▲+6

Growth52

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days only on tighter terms

Liquidity ample (current ratio 3.04 against 2.14 in 2016), but 66.1% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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 2017

Solvency, return and age of the figures

Solvency

33.9%

Return on assets

-0.4%

Age of the figures

105 mo

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

Sector 68

lower

← fewer bankruptcies more bankruptcies →

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

No filing for years

The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 2 filings

Position against the passed deadline

31-12-2018 close31-07-2019 deadline16-09-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 09-07-2018, 22 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

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

Financials · fiscal year 2017, micro schema

Equity

€226k▲ 4.1%

2016 · €217k

2016: €217k

2016 → 2017

Total assets

€665k▼ 14.2%

2016 · €775k

2016: €775k

2016 → 2017

Net result

€-3k

2016 · €31k

2016: €31k

2016 → 2017

Working capital

€127k▼ 29.3%

2016 · €180k

2016: €180k

2016 → 2017

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20162017Trend

Equity€217k-€226k▲ 4.1%

Operating result€53k-€9k▼ 82.8%

Net result€31k-€-3k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2017; 2017 is 83% below 2016.

Balance-sheet composition

2017 in colour, 2016 as the grey bar beneath

Assets €665k

71.5%

28.5%

Fixed assets €475k▲ 8.6%

Current assets €190k▼ 43.8%

Equity and liabilities €665k

33.9%

66.1%

Equity €226k▲ 4.1%

Debt €439k▼ 21.4%

The debt ratio falls from 72.0% to 66.1%: equity grows while debt is paid down.

Key figures and ratios

2017 value · change against 2016

EBITDA

€40k▼

2016 · €108k

Cash flow

€29k▼

2016 · €85k

Solvency

33.9%▲

2016 · 28.0%

Current ratio

3.04▲

2016 · 2.14

Quick ratio

3.04▲

2016 · 2.14

Debt / equity

1.67▼

2016 · 1.85

ROE

-1.2%▼

2016 · 14.1%

ROA

-0.4%▼

2016 · 4.0%

Debt

€439k▼

2016 · €558k

Debt ≤ 1 year

€62k▼

2016 · €158k

Debt > 1 year

€377k▼

2016 · €401k

Income taxes

€5k▼

2016 · €23k

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 · 2017 against 2016

Balance sheet Code20162017

Assets

Total assets20/58€775k€665k▼

Fixed assets21/28€438k€475k▲

Tangible fixed assets22/27€437k€475k▲

Financial fixed assets28€150€150=

Current assets29/58€338k€190k▼

Amounts receivable within one year40/41€261k€134k▼

Cash at bank and in hand54/58€51k€52k▲

Equity and liabilities

Total equity and liabilities10/49€775k€665k▼

Equity10/15€217k€226k▲

Contributions10/11€1k€12k▲

Reserves13€216k€213k▼

Amounts payable17/49€558k€439k▼

Amounts payable after more than one year17€401k€377k▼

Amounts payable within one year42/48€158k€62k▼

Trade debts44€90€28k▲

Income statement Code20162017

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€31k▼

Gross operating margin9900€110k€91k▼

Operating profit (loss)9901€53k€9k▼

Recurring financial income75€5k€4k▼

Recurring financial charges65€4k€10k▲

Profit (loss) for the period before taxes9903€54k€3k▼

Income taxes67/77€23k€5k▼

Profit (loss) for the period9904€31k€-3k▼

Profit (loss) for the period to be appropriated9905€31k€-3k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

2018

09-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

26-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

NBB filing

Directors · office · real estate

Directors

7 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, Schilde · 1 establishment unit since 2013

establishment The establishment unit on the map

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.

Bellevuedreef 72970 Schilde

Ground area

3,738 m²

Building footprint

383 m²

Volume, LiDAR

2,999 m³

Parcel 11922C0381/00D003, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

VERECO

Bellevuedreef 7, 2970 SchildeReal estate activities

since 20132.225.092.502

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11922C0381/00D003	Flanders	3,738 m²	1 · 383 m²	13.6 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.

Similar companies · same sector, comparable size

AGENCE IMMOBILIERE SOCIALE DE WOLUWE-SAINT-LAMBERT

BE 0859.753.857

Sint-Lambrechts-Woluwe · Eq €226k

Courcelles · Eq €226k

BATIM

BE 0452.144.813

Montigny-le-Tilleul · Eq €226k

Immo D’Hondt

BE 0861.818.670

Oudenaarde · Eq €225k

Of 11,754 companies in sector 68310 we hold annual accounts for 6,908. 5,125 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formLimited partnership

Founded04-12-2013

Fiscal year end31-12

Activities, NACEBEL

68310Real estate agency activities

68311Real estate activities

68321Property management for co-owned buildings (syndics)

68322Real estate activities

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.