VEREECKE DRIES
ActiveSummary
VEREECKE DRIES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €15k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+1
Solvency96▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 1.7 in 2024; short-term debt: 16.1% and cash: 22.5% of total assets), and 29% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
71%
Return on assets
16.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-03-2026, 144 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
144 d early
2024
129 d early
2023
135 d early
2022
159 d early
2021
101 d early
2020
152 d early
2019
128 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▼ 7.1%
2024 · €68k
2018: €29k
2019: €51k
2020: €39k
2021: €39k
2022: €59k
2023: €75k
2024: €68k
2018 → 2025
Total assets
€90k▼ 31.4%
2024 · €131k
2018: €33k
2019: €55k
2020: €54k
2021: €52k
2022: €97k
2023: €106k
2024: €131k
2018 → 2025
Net result
€15k▼ 27.0%
2024 · €21k
2018: €5k
2019: €16k
2020: €12k
2021: €10k
2022: €19k
2023: €16k
2024: €21k
2018 → 2025
Working capital
€19k▼ 9.9%
2024 · €21k
2018: €26k
2019: €46k
2020: €35k
2021: €23k
2022: €59k
2023: €32k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€59k▲ 49.0%€75k▲ 26.9%€68k▼ 8.2%€64k▼ 7.1%
Operating result€14k-€26k▲ 82.1%€20k▼ 22.8%€28k▲ 37.4%€22k▼ 22.4%
Net result€10k-€19k▲ 85.5%€16k▼ 18.3%€21k▲ 31.5%€15k▼ 27.0%
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 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€56k ▼ 29.2%
Current assets
€34k ▼ 34.8%
Equity and liabilities €90k
Equity
€64k ▼ 7.1%
Debt
€26k ▼ 58.2%
Debt's share of the balance-sheet total falls from 47.6% to 29.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€45k▼
2024 · €45k
Cash flow
€38k▲
2024 · €38k
Current ratio
2.33▲
2024 · 1.70
Quick ratio
2.20▲
2024 · 1.66
Debt to equity
0.41▼
2024 · 0.91
ROE
23.8%▼
2024 · 30.3%
ROA
16.9%▲
2024 · 15.9%
Interest coverage
19.67▼
2024 · 31.96
Debt ≤ 1 year
€14k▼
2024 · €30k
Debt > 1 year
€12k▼
2024 · €32k
Income taxes
€5k▼
2024 · €6k
Staff costs
€49k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€131k€90k▼
Fixed assets21/28€79k€56k▼
Tangible fixed assets22/27€79k€56k▼
Plant, machinery and equipment23€1k€976▼
Furniture and vehicles24€50k€33k▼
Leasing and similar rights25€28k€22k▼
Current assets29/58€51k€34k▼
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€11k€5k▼
Other amounts receivable41€617€1k▲
Cash at bank and in hand54/58€35k€20k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€131k€90k▼
Equity10/15€68k€64k▼
Contributions10/11€14k€14k=
Reserves13€54k€49k▼
Distributable reserves133€54k€49k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€62k€26k▼
Amounts payable after more than one year17€32k€12k▼
Financial debts170/4€32k€12k▼
Amounts payable within one year42/48€30k€14k▼
Current portion of amounts payable after more than one year42€12k€6k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€11k€820▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€8k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€23k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€54k€95k▲
Operating profit (loss)9901€28k€22k▼
Financial income75/76B€275€394▲
Recurring financial income75€275€394▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€27k€20k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€21k€15k▼
Profit (loss) for the period to be appropriated9905€21k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€15k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€23k€20k▼
Transfer to equity691/2€21k€15k▼
To other reserves6921€21k€15k▼
Profit to be distributed694/7€23k€20k▼
Return on contributions (dividend)694€23k€20k▼
The notes to these accounts (6 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
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €21k ▲31.5%
Operating result €28k, net result €21k, both a record.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 6.97
Current ratio from 2.85 to 6.97; short-term debt falls from €12k to €10k.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
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.
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, Wevelgem · 1 establishment unit since 2016
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.
Wittemolenstraat 928560 WevelgemGround area
496 m²
Building footprint
135 m²
Volume, LiDAR
587 m³
Parcel 34029C0086/00N005, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Wittemolenstraat 92, 8560 Wevelgem
since 20162.256.139.529
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029C0086/00N005 | Flanders | 496 m² | 1 · 135 m² | 8.3 m · 1 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
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I&A CONSTRUCT
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Carrelage DELFOSSE JF
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BRT Tegelwerken
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Of 3,962 companies in sector 43331 we hold annual accounts for 1,790. 1,559 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43331Floor and wall tiling
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.