VERELST PROJECTS
ActiveVERELST PROJECTS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €49k. Equity is growing by ~49.8% per year across the filed fiscal years. Its solvency ranks better than 76% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency92▼-4
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 3.28 in 2024; short-term debt: 33.3% and cash: 2.3% of total assets), and 33.3% 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
lowers risk · 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 →
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
66.7%
Return on assets
39.9%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
14 d early
2024
1 d early
2023
29 d early
2022
3 d early
2021
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▲ 148%
2024 · €33k
2021: €9k
2022: €16k
2023: €21k
2024: €33k
2021 → 2025
Total assets
€123k▲ 163%
2024 · €47k
2021: €31k
2022: €29k
2023: €32k
2024: €47k
2021 → 2025
Net result
€49k▲ 299%
2024 · €12k
2021: €8k
2022: €8k
2023: €5k
2024: €12k
2021 → 2025
Working capital
€66k▲ 109%
2024 · €31k
2021: €8k
2022: €16k
2023: €17k
2024: €31k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€16k▲ 75.6%€21k▲ 27.7%€33k▲ 59.2%€82k▲ 148%
Operating result€9k-€10k▲ 2.6%€10k▼ 1.8%€21k▲ 120%€70k▲ 234%
Net result€8k-€8k▲ 0.7%€5k▼ 42.3%€12k▲ 173%€49k▲ 299%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 234% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€16k▲ 925%
Current assets
€107k▲ 136%
Equity and liabilities €123k
Equity
€82k▲ 148%
Debt
€41k▲ 198%
The debt ratio rises from 29.4% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▲
2024 · €21k
Cash flow
€52k▲
2024 · €13k
Solvency
66.7%▼
2024 · 70.6%
Current ratio
2.60▼
2024 · 3.28
Quick ratio
2.60▼
2024 · 3.28
Debt / equity
0.50▲
2024 · 0.42
ROE
59.8%▲
2024 · 37.2%
ROA
39.9%▲
2024 · 26.3%
Interest coverage
21.86▲
2024 · 5.64
Debt
€41k▲
2024 · €14k
Debt ≤ 1 year
€41k▲
2024 · €14k
Income taxes
€20k▲
2024 · €5k
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€47k€123k▲
Fixed assets21/28€2k€16k▲
Tangible fixed assets22/27€2k€16k▲
Land and buildings22-€4k
Plant, machinery and equipment23-€3k
Furniture and vehicles24€2k€9k▲
Current assets29/58€45k€107k▲
Amounts receivable after more than one year29€18k€15k▼
Other amounts receivable291€18k€15k▼
Amounts receivable within one year40/41€25k€88k▲
Trade receivables40€11k€20k▲
Other amounts receivable41€14k€69k▲
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€306€331▲
Equity and liabilities
Total equity and liabilities10/49€47k€123k▲
Equity10/15€33k€82k▲
Contributions10/11€2k€2k=
Reserves13€32k€81k▲
Distributable reserves133€32k€81k▲
Amounts payable17/49€14k€41k▲
Amounts payable within one year42/48€14k€41k▲
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€12k€33k▲
Taxes450/3€12k€33k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€242€3k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€24k€75k▲
Operating profit (loss)9901€21k€70k▲
Financial income75/76B€445€2k▲
Recurring financial income75€445€2k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€18k€69k▲
Income taxes67/77€5k€20k▲
Profit (loss) for the period9904€12k€49k▲
Profit (loss) for the period to be appropriated9905€12k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€49k▲
Transfer to equity691/2€12k€49k▲
To other reserves6921€12k€49k▲
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
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €49k ▲299%
Operating result €70k, net result €49k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼42.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tessenderlo-Ham · 1 establishment unit since 2021
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.
Schrikhoek 93980 Tessenderlo-HamGround area
1,632 m²
Building footprint
143 m²
Volume, LiDAR
694 m³
Parcel 71364E0279/00Y000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERELST PROJECTS
since 20212.317.975.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364E0279/00Y000 | Flanders | 1,632 m² | 1 · 143 m² | 6.3 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.
Similar companies · same sector, comparable size
ALLEMAN PROJECTS
BE 0692.864.268
Jabbeke · Eq €82k
MGA Flamme Consulting
BE 1026.178.638
Dilbeek · Eq €82k
BATIWALL
BE 0881.696.544
Charleroi · Eq €82k
MAHO INVEST
BE 0762.939.741
Tongeren-Borgloon · Eq €82k
ALVAST
BE 0873.312.477
Diest · Eq €82k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 5,255 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.