Turnover
≈ €7.6m estimated
The abbreviated format states no turnover.
VERFAILLIE IZEGEM
Lifetime
1 annual account with figurespeak €1.9m (2026)
€1.9m
peak €124,527 (2026)
€124,527
peak €304,527 (2026)
€304,527
€1.5m
peak 22.5 FTE (2026)
22.5 FTE
Board2 names since 2024
2 directors and 1 other
Owners2 names in the annual accounts
70%
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Financial year from 30-10-2024 to 31-03-2026, 17 monthsIncorporation 04-11-20241 establishment registeredFirst year with figures
Key points
from the 2026 annual accountsDebts
€1.5m 83% of the balance sheet
Financial debts 26%Suppliers 25%Taxes and wages 22%Other 27%
€448,841 of the debts are secured on the company's own assets.
Position in the sector
€1.9m
Higher gross margin than 92% of companies in retail trade. Sector median €353,485 · 916 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,603 companies had the same profile as VERFAILLIE IZEGEM has now. Each dot stands for 5 companies, two years later.
96.4%
were still trading
1.1%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,603 companies, not a prediction for VERFAILLIE IZEGEM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Daily manager,
Daily manager,
- 70%score equity €2.0m (2026) · 31-03-2026 annual accounts of
- 30%score equity €9,986 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015729263
Incorporation
Founding capital of €180,000, 6,000 shares · Founders: and · Appointments: (day-to-day manager) and (day-to-day manager) · published on 04-11-2024 · Gazette deed
First establishment
VERFAILLIE IZEGEM (Vervaecke-Nollet), Grote Markt 18, Izegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERFAILLIE IZEGEM Izegem | €1.8m | €1.9m | 17.2% | 22.5 |
| OPTIMA KITCHEN Evere | €2.0m | €0.3m | 6.3% | - |
| Electro Quirijnen Brasschaat | €1.0m | €0.4m | 1.4% | 8.7 |
| Bopro Technics Wielsbeke | €0.6m | €0.3m | 63.6% | - |
| EPS Bullange | €2.2m | €0.7m | 26.0% | 9.6 |
| JDV PROJECTS Geraardsbergen | €0.5m | €0.4m | 24.3% | - |
| V-AGM Sint-Pieters-Leeuw | €0.9m | €0.2m | -6.5% | - |
These companies have the same main activity as VERFAILLIE IZEGEM: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €505,000 and €2.2m, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 30-10-2024Normal situation
- Activity
- Retail sale of electrical household appliancesNACE 47540and 2 others
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 31-03-2026
- Establishment unit
- 2.366.243.1408870 Izegem, since 30-10-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 02-12-2025
Annual accounts to 31-03-2026
- €1.8m
- Employeeson 31-03-2026
- 25
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Companies linked to VERFAILLIE IZEGEM
Parent and group
Insights on VERFAILLIE IZEGEM
VERFAILLIE IZEGEM has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €304,527 and a net result of €124,527.
Its solvency ranks better than 31% of 916 sector peers (NACE 47, financial year 2026).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VERFAILLIE IZEGEM
- What is the company number of VERFAILLIE IZEGEM?
- The company number of VERFAILLIE IZEGEM is 1015.729.263. The VAT number is the same number with BE in front: BE 1015.729.263.
- Where is VERFAILLIE IZEGEM based?
- The registered office is at Grote Markt 18, 8870 Izegem.Company details
- What does VERFAILLIE IZEGEM do?
- According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
- What is the legal form of VERFAILLIE IZEGEM?
- VERFAILLIE IZEGEM is a private limited company (BV).
- When was VERFAILLIE IZEGEM founded?
- VERFAILLIE IZEGEM was founded on 30-10-2024.
- Is VERFAILLIE IZEGEM still active?
- Yes, VERFAILLIE IZEGEM is an active enterprise in the KBO register.
- How many employees does VERFAILLIE IZEGEM have?
- VERFAILLIE IZEGEM had an average of 22.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does VERFAILLIE IZEGEM fall under?
- In its 31-03-2026 annual accounts, VERFAILLIE IZEGEM states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of VERFAILLIE IZEGEM?
- The turnover in financial year 2026 is ≈ €7.6m. This figure is estimated from the gross margin of €1.9m and 87 comparable companies (NACE 47). It probably lies between €4.5m and €14.0m.
- Is VERFAILLIE IZEGEM profitable?
- In financial year 2026, VERFAILLIE IZEGEM made a profit of €124,527.
- Where can I find the annual accounts of VERFAILLIE IZEGEM?
- VERFAILLIE IZEGEM filed 1 annual account with the National Bank of Belgium, for financial year 2026.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.