VERELST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €26k and a net result of €-396. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 26% of 9864 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
12 d early
2022
41 d early
2021
25 d late
2020
31 d late
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k▼ 1.5%
2023 · €27k
2018: €67k
2019: €36k
2020: €27k
2021: €28k
2022: €27k
2023: €27k
2018 → 2024
Net result
€-396
2023 · €12
2018: €-30k
2019: €-31k
2020: €-9k
2021: €1k
2022: €-1k
2023: €12
2018 → 2024
Total assets
€106k▼ 0.8%
2023 · €107k
2018: €192k
2019: €164k
2020: €141k
2021: €127k
2022: €111k
2023: €107k
2018 → 2024
Solvency
24.9%▼ 0.2pp
2023 · 25.0%
2018: 34.9%
2019: 22.0%
2020: 19.0%
2021: 22.0%
2022: 24.2%
2023: 25.0%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€27k-€28k▲ 4.2%€27k▼ 4.1%€27k=€26k▼ 1.5%
Operating result€-14k-€1k€-1k€663€-677
Net result€-9k-€1k€-1k€12€-396
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €677 after €663 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106k
Fixed assets
€106k=
Current assets
€483▼ 63.3%
Equity and liabilities €106k
Equity
€26k▼ 1.5%
Debt
€80k▼ 0.5%
The debt ratio rises from 75.0% to 75.1%. Equity and debt are lower.
Key figures and ratios
Solvency
24.9%▼
2023 · 25.0%
ROE
-1.5%▼
2023 · 0.0%
ROA
-0.4%▼
2023 · 0.0%
Debt
€80k▼
2023 · €80k
Debt ≤ 1 year
€30k▼
2023 · €30k
Debt > 1 year
€50k=
2023 · €50k
Income taxes
€0▼
2023 · €1
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€107k€106k▼
Fixed assets21/28€106k€106k=
Tangible fixed assets22/27€106k€106k=
Land and buildings22€106k€106k=
Current assets29/58€1k€483▼
Cash at bank and in hand54/58€1k€483▼
Equity and liabilities
Total equity and liabilities10/49€107k€106k▼
Equity10/15€27k€26k▼
Contributions10/11€70k€70k=
Outside capital11€70k€70k=
Other1109/19€70k€70k=
Reserves13€58k€58k=
Non-distributable reserves130/1€27k€27k=
Reserves not available under the articles1311€27k€27k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€-101k€-102k▼
Amounts payable17/49€80k€80k▼
Amounts payable after more than one year17€50k€50k=
Financial debts170/4€50k€50k=
Amounts payable within one year42/48€30k€30k▼
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Other amounts payable47/48€22k€21k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€0▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€4k€3k▼
Operating profit (loss)9901€663€-677▼
Financial income75/76B€3€310▲
Recurring financial income75€3€310▲
Financial charges65/66B€654€29▼
Recurring financial charges65€654€29▼
Profit (loss) for the period before taxes9903€12€-396▼
Income taxes67/77€1€0▼
Profit (loss) for the period9904€12€-396▼
Profit (loss) for the period to be appropriated9905€12€-396▼
Appropriation of the result
Profit (loss) to be appropriated9906€-101k€-102k▼
Profit (loss) brought forward from the previous period14P€-101k€-101k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-09
State Gazette act
General meeting · Director reappointmentGeneral meeting · Director reappointment · Mandate compensation3 facts ▸
State Gazette act
General meeting · Director reappointment
General meeting · Director reappointment · Mandate compensation3 facts ▸
- General meeting, 2026-07-07
- Director reappointment, CARINE FRANCISCA VERELST (niet-statutaire bestuurder)
- Mandate compensation, CARINE FRANCISCA VERELST
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12
Net result €12 after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
CARINE FRANCISCA VERELST
CurrentNon-statutory director · since 10-06-2026
10-06-2026
Mandate renewed as Non-statutory director
Location & real-estate footprint
Registered office, Malle · 1 establishment unit since 1998
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.
Turnhoutsebaan 1492390 MalleGround area
5,470 m²
Building footprint
1,792 m²
Volume, LiDAR
7,726 m³
Parcel 11032B0300/00E000, Flanders · tallest building 14.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Turnhoutsebaan 149, 2390 Malle
since 19982.088.784.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032B0300/00E000 | Flanders | 5,470 m² | 1 · 1,792 m² | 14.8 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 8,384 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-08-1998
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.