VERFAILLE
ActiveSummary
VERFAILLE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €633k and a net result of €210k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 61% of 392 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-1
Solvency75▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.45 in 2024; short-term debt: 44.8% and cash: 11.1% of total assets), but 50% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
50%
Return on assets
16.6%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €633k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
5 d early
2022
on the day
2021
10 d late
2020
57 d early
2019
56 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€210k▼ 6.1%
2024 · €224k
2018: €-182
2019: €16k▲ +8835% vs 2018
2020: €-25k▼ -258% vs 2019lowest in 8 years
2021: €-10k▲ +62.0% vs 2020
2022: €81k▲ +949% vs 2021
2023: €108k▲ +33.4% vs 2022
2024: €224k▲ +107% vs 2023highest in 8 years
2025: €210k▼ -6.1% vs 2024
2018 → 2025
Working capital
€341k▲ 13.6%
2024 · €300k
2018: €71k
2019: €66k▼ -7.3% vs 2018
2020: €48k▼ -26.5% vs 2019lowest in 8 years
2021: €78k▲ +61.3% vs 2020
2022: €92k▲ +17.8% vs 2021
2023: €130k▲ +40.7% vs 2022
2024: €300k▲ +132% vs 2023
2025: €341k▲ +13.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€148k▲ 120%€248k▲ 67.5%€473k▲ 90.3%€633k▲ 33.9%
2021: €67klowest in 5 years
2022: €148k▲ +120% vs 2021
2023: €248k▲ +67.5% vs 2022
2024: €473k▲ +90.3% vs 2023
2025: €633k▲ +33.9% vs 2024highest in 5 years
Operating result€-2k-€119k€162k▲ 35.9%€320k▲ 97.9%€303k▼ 5.3%
2021: €-2klowest in 5 years
2022: €119k▲ +6242% vs 2021
2023: €162k▲ +35.9% vs 2022
2024: €320k▲ +97.9% vs 2023highest in 5 years
2025: €303k▼ -5.3% vs 2024
Net result€-10k-€81k€108k▲ 33.4%€224k▲ 107%€210k▼ 6.1%
2021: €-10klowest in 5 years
2022: €81k▲ +949% vs 2021
2023: €108k▲ +33.4% vs 2022
2024: €224k▲ +107% vs 2023highest in 5 years
2025: €210k▼ -6.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets
€358k ▲ 29.1%
Current assets
€909k ▼ 5.5%
Equity and liabilities €1.27M
Equity
€633k ▲ 33.9%
Debt
€634k ▼ 17.3%
Debt's share of the balance-sheet total falls from 61.9% to 50.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€370k▼
2024 · €393k
Cash flow
€277k▼
2024 · €297k
Current ratio
1.60▲
2024 · 1.45
Quick ratio
1.48▲
2024 · 1.40
Debt to equity
1.00▼
2024 · 1.62
ROE
33.2%▼
2024 · 47.4%
ROA
16.6%▼
2024 · 18.1%
Interest coverage
24.86▼
2024 · 26.31
Debt ≤ 1 year
€568k▼
2024 · €662k
Debt > 1 year
€66k▼
2024 · €100k
Income taxes
€79k▼
2024 · €83k
Staff costs
€1.19M▲
2024 · €999k
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.27M▲
Fixed assets21/28€277k€358k▲
Tangible fixed assets22/27€243k€324k▲
Plant, machinery and equipment23€148k€133k▼
Furniture and vehicles24€12k€85k▲
Leasing and similar rights25€394€18k▲
Other tangible fixed assets26€83k€88k▲
Financial fixed assets28€34k€34k=
Current assets29/58€962k€909k▼
Amounts receivable after more than one year29€83k€46k▼
Other amounts receivable291€83k€46k▼
Stocks and contracts in progress3€34k€67k▲
Stocks30/36€34k€67k▲
Amounts receivable within one year40/41€734k€637k▼
Trade receivables40€733k€589k▼
Other amounts receivable41€279€48k▲
Cash at bank and in hand54/58€99k€140k▲
Deferred charges and accrued income490/1€13k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.27M▲
Equity10/15€473k€633k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€62k€62k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€56k€56k=
Profit (loss) carried forward14€348k€508k▲
Amounts payable17/49€767k€634k▼
Amounts payable after more than one year17€100k€66k▼
Financial debts170/4€67k€66k▼
Other amounts payable178/9€33k€0▼
Amounts payable within one year42/48€662k€568k▼
Current portion of amounts payable after more than one year42€177k€68k▼
Trade debts44€243k€265k▲
Suppliers440/4€243k€265k▲
Taxes, remuneration and social security45€161k€114k▼
Taxes450/3€52k€29k▼
Remuneration and social security454/9€108k€85k▼
Other amounts payable47/48€81k€120k▲
Accrued charges and deferred income492/3€5k€25▼
Income statement
Code20242025
Non-recurring operating income76A€31k€54k▲
Remuneration, social security and pensions62€999k€1.19M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€67k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€0▲
Other operating charges640/8€16k€12k▼
Non-recurring operating charges66A€27k€50k▲
Gross operating margin9900€1.43M€1.62M▲
Operating profit (loss)9901€320k€303k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€15k€15k▼
Recurring financial charges65€15k€15k▼
Profit (loss) for the period before taxes9903€307k€290k▼
Income taxes67/77€83k€79k▼
Profit (loss) for the period9904€224k€210k▼
Profit (loss) for the period to be appropriated9905€224k€210k▼
Appropriation of the result
Profit (loss) to be appropriated9906€348k€558k▲
Profit (loss) brought forward from the previous period14P€124k€348k▲
Profit to be distributed694/7€0€50k▲
Return on contributions (dividend)694€0€50k▲
Social balance
Average headcount (FTE)908720.922.5▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €33k | €18k | €44k | €31k | €54k | ▲ 73.7% |
| Remuneration, social security and pensions62 | €664k | €795k | €965k | €999k | €1.19M | ▲ 18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54k | €59k | €69k | €73k | €67k | ▼ 9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €3k | €-3k | €0 | ▲ 100% |
| Other operating charges640/8 | €5k | €7k | €9k | €16k | €12k | ▼ 25.9% |
| Non-recurring operating charges66A | €34k | €14k | €14k | €27k | €50k | ▲ 82.7% |
| Gross operating margin9900 | €755k | €994k | €1.22M | €1.43M | €1.62M | ▲ 13.0% |
| Operating profit (loss)9901 | €-2k | €119k | €162k | €320k | €303k | ▼ 5.3% |
| Financial income75/76B | €3k | €2k | €2k | €2k | €2k | ▼ 10.6% |
| Recurring financial income75 | €3k | €2k | €2k | €2k | €2k | ▼ 10.6% |
| Financial charges65/66B | €9k | €9k | €11k | €15k | €15k | ▼ 0.5% |
| Recurring financial charges65 | €9k | €9k | €11k | €15k | €15k | ▼ 0.5% |
| Profit (loss) for the period before taxes9903 | €-8k | €112k | €152k | €307k | €290k | ▼ 5.6% |
| Income taxes67/77 | €2k | €31k | €44k | €83k | €79k | ▼ 4.0% |
| Profit (loss) for the period9904 | €-10k | €81k | €108k | €224k | €210k | ▼ 6.1% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €81k | €108k | €224k | €210k | ▼ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €772k | €902k | €1.15M | €1.24M | €1.27M | ▲ 2.2% |
| Fixed assets21/28 | €198k | €244k | €290k | €277k | €358k | ▲ 29.1% |
| Tangible fixed assets22/27 | €196k | €243k | €276k | €243k | €324k | ▲ 33.1% |
| Plant, machinery and equipment23 | €87k | €136k | €173k | €148k | €133k | ▼ 10.6% |
| Furniture and vehicles24 | €10k | €11k | €17k | €12k | €85k | ▲ 635% |
| Leasing and similar rights25 | €8k | €5k | €3k | €394 | €18k | ▲ 4,445% |
| Other tangible fixed assets26 | €91k | €91k | €83k | €83k | €88k | ▲ 6.2% |
| Financial fixed assets28 | €1k | €1k | €14k | €34k | €34k | = |
| Current assets29/58 | €575k | €657k | €860k | €962k | €909k | ▼ 5.5% |
| Amounts receivable after more than one year29 | €44k | €82k | €82k | €83k | €46k | ▼ 44.0% |
| Other amounts receivable291 | €44k | €82k | €82k | €83k | €46k | ▼ 44.0% |
| Stocks and contracts in progress3 | €69k | €46k | €46k | €34k | €67k | ▲ 95.6% |
| Stocks30/36 | €69k | €46k | €46k | €34k | €67k | ▲ 95.6% |
| Amounts receivable within one year40/41 | €413k | €433k | €600k | €734k | €637k | ▼ 13.2% |
| Trade receivables40 | €382k | €432k | €600k | €733k | €589k | ▼ 19.8% |
| Other amounts receivable41 | €31k | €2k | €176 | €279 | €48k | ▲ 17,129% |
| Cash at bank and in hand54/58 | €41k | €87k | €119k | €99k | €140k | ▲ 42.5% |
| Deferred charges and accrued income490/1 | €8k | €10k | €13k | €13k | €18k | ▲ 42.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €772k | €902k | €1.15M | €1.24M | €1.27M | ▲ 2.2% |
| Equity10/15 | €67k | €148k | €248k | €473k | €633k | ▲ 33.9% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €62k | €62k | €62k | €62k | €62k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €56k | €56k | €56k | €56k | €56k | = |
| Profit (loss) carried forward14 | €-57k | €24k | €124k | €348k | €508k | ▲ 46.1% |
| Amounts payable17/49 | €705k | €753k | €902k | €767k | €634k | ▼ 17.3% |
| Amounts payable after more than one year17 | €208k | €188k | €171k | €100k | €66k | ▼ 34.4% |
| Financial debts170/4 | €125k | €131k | €114k | €67k | €66k | ▼ 1.7% |
| Other amounts payable178/9 | €83k | €57k | €57k | €33k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €497k | €565k | €731k | €662k | €568k | ▼ 14.2% |
| Current portion of amounts payable after more than one year42 | €185k | €174k | €115k | €177k | €68k | ▼ 61.4% |
| Trade debts44 | €185k | €269k | €376k | €243k | €265k | ▲ 9.1% |
| Suppliers440/4 | €185k | €269k | €376k | €243k | €265k | ▲ 9.1% |
| Taxes, remuneration and social security45 | €126k | €117k | €180k | €161k | €114k | ▼ 28.8% |
| Taxes450/3 | €44k | €41k | €61k | €52k | €29k | ▼ 43.8% |
| Remuneration and social security454/9 | €82k | €76k | €119k | €108k | €85k | ▼ 21.6% |
| Other amounts payable47/48 | - | €5k | €59k | €81k | €120k | ▲ 47.7% |
| Accrued charges and deferred income492/3 | €614 | €80 | €24 | €5k | €25 | ▼ 99.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €81k | €108k | €224k | €210k | ▼ 6.1% |
| + Depreciation and write-downs630 | €54k | €59k | €69k | €73k | €67k | ▼ 9.0% |
| Operating cash flow (approximation) | €45k | €140k | €177k | €297k | €277k | ▼ 6.8% |
| Investment in fixed assets (approximation) | - | €-106k | €-114k | €-60k | €-147k | ▼ 145% |
| Change in cash | - | €46k | €32k | €-20k | €42k | ▲ 308% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €500kEq €633k ▲33.9%
4 profitable years in a row build equity to €633k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €224k ▲107%
Operating result €320k, net result €224k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200kEq €248k ▲67.5%
2 profitable years in a row build equity to €248k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €81k
Net result €81k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €148k ▲120%
Equity rises from €67k to €148k.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
Show earlier events
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Equity above €100kEq €102k ▲18.5%
Equity rises from €86k to €102k.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Schaarbeek · 2 establishment units since 1991
Ground area
1,655 m²
Building footprint
1,624 m²
Volume, LiDAR
8,203 m³
2 parcels, Brussels · tallest building 15.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VERFAILLE SA
since 19912.053.035.484
VERFAILLE SA
since 20042.290.270.463
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0055/00R005 | Brussels | 1,108 m² | 1 · 1,105 m² | 15.2 m · 1 fl. |
| 21906D0056/00Z004 | Brussels | 547 m² | 1 · 519 m² | 15.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
5 endedCarrosseriehersteller (so)
Demonteur/monteur carrosserie (so)
Plaatwerker carrosserie (so)
Spuiter carrosserie (so)
Voorbewerker carrosserie (so)
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Of 7,373 companies in sector 95311 we hold annual accounts for 2,961. 1,974 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
Scores and ratios are computed by Checked and are not a credit decision.