Verelst Interieur
ActiveThe computed 12-month bankruptcy probability of Verelst Interieur is 1.7% (moderate). The 2025 annual accounts show equity of €269k and a net result of €63k. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 31% of 27787 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+20
Solvency54▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.83 in 2024; short-term debt: 13% and cash: 1.9% of total assets), but 70.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
29.4%
Return on assets
6.9%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
23 d early
2023
26 d early
2022
35 d early
2021
48 d early
2021
38 d early
2020
32 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€269k▲ 30.0%
2024 · €207k
2020: €46k
2021: €50k
2021: €81k
2022: €111k
2023: €181k
2024: €207k
2020 → 2025
Total assets
€916k▲ 10.2%
2024 · €831k
2020: €72k
2021: €83k
2021: €114k
2022: €802k
2023: €879k
2024: €831k
2020 → 2025
Net result
€63k▲ 138%
2024 · €26k
2020: €40k
2021: €4k
2021: €31k
2022: €30k
2023: €71k
2024: €26k
2020 → 2025
Working capital
€118k▲ 42.9%
2024 · €82k
2020: €30k
2021: €29k
2021: €43k
2022: €34k
2023: €99k
2024: €82k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€111k▲ 36.5%€181k▲ 63.8%€207k▲ 14.1%€269k▲ 30.0%
Operating result€45k-€38k▼ 16.3%€94k▲ 149%€67k▼ 28.7%€112k▲ 68.6%
Net result€31k-€30k▼ 2.4%€71k▲ 135%€26k▼ 63.0%€63k▲ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 69% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €916k
Fixed assets
€679k▲ 4.7%
Current assets
€236k▲ 30.1%
Equity and liabilities €916k
Equity
€269k▲ 30.0%
Debt
€647k▲ 3.7%
The debt ratio falls from 75.1% to 70.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€181k▲
2024 · €122k
Cash flow
€132k▲
2024 · €82k
Solvency
29.4%▲
2024 · 24.9%
Current ratio
1.99▲
2024 · 1.83
Quick ratio
0.61▲
2024 · 0.43
Debt / equity
2.41▼
2024 · 3.02
ROE
23.4%▲
2024 · 12.8%
ROA
6.9%▲
2024 · 3.2%
Interest coverage
7.35▲
2024 · 4.11
Debt
€647k▲
2024 · €624k
Debt ≤ 1 year
€119k▲
2024 · €99k
Debt > 1 year
€522k▲
2024 · €520k
Income taxes
€25k▲
2024 · €11k
Staff costs
€40k▲
2024 · €24k
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€831k€916k▲
Fixed assets21/28€649k€679k▲
Tangible fixed assets22/27€649k€679k▲
Land and buildings22€509k€484k▼
Plant, machinery and equipment23€64k€115k▲
Furniture and vehicles24€3k€13k▲
Leasing and similar rights25€73k€68k▼
Financial fixed assets28€295€295=
Current assets29/58€182k€236k▲
Stocks and contracts in progress3€139k€164k▲
Stocks30/36€11k€11k▼
Contracts in progress37€128k€153k▲
Amounts receivable within one year40/41€35k€56k▲
Trade receivables40€18k€31k▲
Other amounts receivable41€17k€24k▲
Cash at bank and in hand54/58€8k€17k▲
Equity and liabilities
Total equity and liabilities10/49€831k€916k▲
Equity10/15€207k€269k▲
Contributions10/11€6k€6k=
Reserves13€201k€263k▲
Distributable reserves133€201k€263k▲
Amounts payable17/49€624k€647k▲
Amounts payable after more than one year17€520k€522k▲
Financial debts170/4€520k€522k▲
Amounts payable within one year42/48€99k€119k▲
Current portion of amounts payable after more than one year42€38k€59k▲
Trade debts44€57k€43k▼
Suppliers440/4€42k€43k▲
Bills of exchange payable441€15k-
Taxes, remuneration and social security45€4k€233▼
Taxes450/3-€99
Remuneration and social security454/9€4k€134▼
Other amounts payable47/48€843€17k▲
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€24k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€69k▲
Other operating charges640/8€3k€6k▲
Gross operating margin9900€149k€227k▲
Operating profit (loss)9901€67k€112k▲
Financial income75/76B€20€36▲
Recurring financial income75€20€36▲
Financial charges65/66B€30k€25k▼
Recurring financial charges65€30k€25k▼
Profit (loss) for the period before taxes9903€37k€88k▲
Income taxes67/77€11k€25k▲
Profit (loss) for the period9904€26k€63k▲
Profit (loss) for the period to be appropriated9905€26k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€63k▲
Transfer from equity791/2-€833
Transfer to equity691/2€26k€63k▲
To other reserves6921€26k€63k▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (7 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €207k ▲14.1%
6 profitable years in a row build equity to €207k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €71k ▲135%
Net result €71k, the highest in the series.
31-12
Financial
Equity above €150kEq €181k ▲63.8%
5 profitable years in a row build equity to €181k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €111k ▲36.5%
4 profitable years in a row build equity to €111k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
01-01
Financial
Weakest financial yearnet €4k ▼90.1%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Gillis-Waas · 1 establishment unit since 2019
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.
Buitenstraat(SGW) 130 J9170 Sint-Gillis-WaasGround area
357 m²
Building footprint
80 m²
Volume, LiDAR
432 m³
Parcel 46020B0020/00P002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verelst Interieur
since 20192.303.341.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020B0020/00P002 | Flanders | 357 m² | 1 · 80 m² | 9.4 m · 2 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
2024 · 1 entry · 409 EUR awarded · 409 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 409 EUR | 409 EUR |
Schemes
Schadevergoeding van de overheid
Recognitions · licences · registrations
Dual-learning approval
1 live approvalInterieurbouwer duaal (so)
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 7,046 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2018
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.