Summary
VERGEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €979,732 and a net result of €80,264. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 52% of 2413 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
21 d early
2024
2 d early
2023
6 d early
2022
5 d early
2021
3 d early
2020
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Equity
€979,732▲ 8.9%
2024 · €899,468
Net result
€80,264▲ 894%
2024 · €8,078
Total assets
€1.5m▲ 12.6%
2024 · €1.4m
Solvency
63.4%▼ 2.1pp
2024 · 65.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420242025
Turnover€64,800-€185,657▲ 187%
Operating result-€2,828▼ 4.8%-€1,540▲ 45.5%€4,909€17,324-€106,842▲ 517%
Net result-€4,204below the sector's middle half▲ 45.3%€4.2mabove the sector's middle half€2.0mabove the sector's middle half▼ 52.5%€8,078within the sector's middle half-€80,264within the sector's middle half▲ 894%
Equity€892,136within the sector's middle half▼ 0.5%€894,759within the sector's middle half▲ 0.3%€891,390within the sector's middle half▼ 0.4%€899,468within the sector's middle half-€979,732within the sector's middle half▲ 8.9%
Total assets€1.2mwithin the sector's middle half▼ 0.2%€1.3mwithin the sector's middle half▲ 9.7%€3.3mwithin the sector's middle half▲ 161%€1.4mbelow the sector's middle half-€1.5mbelow the sector's middle half▲ 12.6%
Debt€262,684▲ 0.8%€372,188▲ 41.7%€2.4m▲ 550%€473,612-€566,177▲ 19.5%
Working capital-€205,162▼ 9.0%-€362,549▼ 76.7%-€365,918▼ 0.9%-€357,840--€254,355▲ 28.9%
Solvency77.3%above the sector's middle half▼ 0.2pp70.6%within the sector's middle half▼ 6.6pp26.9%below the sector's middle half▼ 43.7pp65.5%within the sector's middle half-63.4%within the sector's middle half▼ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Turnover +187% on 2024. The previous fiscal year ran 9 months, this one 12.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.3m =
Current assets
€288,600 ▲ 149%
Equity and liabilities €1.5m
Equity
€979,732 ▲ 8.9%
Debt
€566,177 ▲ 19.5%
Debt's share of the balance-sheet total rises from 34.5% to 36.6%. Equity and debt are higher.
Key figures and ratios
ROE
8.2%▲
2024 · 0.9%
ROA
5.2%▲
2024 · 0.6%
Debt ≤ 1 year
€542,955▲
2024 · €473,612
Income taxes
€15,236
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €64,800 | €185,657 | ▲ 187% |
| Turnover70 | - | - | - | €64,800 | €185,657 | ▲ 187% |
| Operating charges60/66A | - | - | - | €47,476 | €78,815 | ▲ 66.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €60,520 | - |
| Purchases600/8 | - | - | - | - | €60,520 | - |
| Services and other goods61 | - | - | - | €46,285 | €15,525 | ▼ 66.5% |
| Other operating charges640/8 | €111 | €112 | €637 | €1,191 | €2,770 | ▲ 133% |
| Gross operating margin9900 | -€2,717 | -€1,428 | €5,545 | - | - | - |
| Operating profit (loss)9901 | -€2,828 | -€1,540 | €4,909 | €17,324 | €106,842 | ▲ 517% |
| Financial income75/76B | - | €4.2m | €2.0m | €76 | €21,114 | ▲ 27,729% |
| Recurring financial income75 | - | €4.2m | €2.0m | €76 | €21,114 | ▲ 27,729% |
| Income from financial fixed assets750 | - | - | - | €0 | - | - |
| Income from current assets751 | - | - | - | - | €21,114 | - |
| Other financial income752/9 | - | - | - | €76 | €0 | ▼ 100% |
| Financial charges65/66B | €1,376 | €1,111 | €8,277 | €9,323 | €32,456 | ▲ 248% |
| Recurring financial charges65 | €1,376 | €1,111 | €8,277 | €9,323 | €32,456 | ▲ 248% |
| Debt charges650 | - | - | - | €9,176 | €32,304 | ▲ 252% |
| Other financial charges652/9 | - | - | - | €147 | €151 | ▲ 2.8% |
| Profit (loss) for the period before taxes9903 | -€4,204 | €4.2m | €2.0m | €8,078 | €95,500 | ▲ 1,082% |
| Income taxes67/77 | - | - | - | - | €15,236 | - |
| Taxes670/3 | - | - | - | - | €15,236 | - |
| Profit (loss) for the period9904 | -€4,204 | €4.2m | €2.0m | €8,078 | €80,264 | ▲ 894% |
| Profit (loss) for the period to be appropriated9905 | -€4,204 | €4.2m | €2.0m | €8,078 | €80,264 | ▲ 894% |
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.3m | €3.3m | €1.4m | €1.5m | ▲ 12.6% |
| Fixed assets21/28 | €1.1m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Tangible fixed assets22/27 | €147,870 | €147,870 | €147,870 | €147,870 | €147,870 | = |
| Land and buildings22 | €147,870 | €147,870 | €147,870 | €147,870 | €147,870 | = |
| Financial fixed assets28 | €982,500 | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Affiliated companies280/1 | - | - | - | €1.1m | €1.1m | = |
| Participating interests280 | - | - | - | €1.1m | €1.1m | = |
| Other financial fixed assets284/8 | - | - | - | €2,500 | €2,501 | = |
| Shares284 | - | - | - | - | €1 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €2,500 | €2,500 | = |
| Current assets29/58 | €24,450 | €9,639 | €2.1m | €115,772 | €288,600 | ▲ 149% |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | - | - | €2.0m | €68,166 | €227,507 | ▲ 234% |
| Trade receivables40 | - | - | €45,000 | €66,429 | €157,793 | ▲ 138% |
| Other amounts receivable41 | - | - | €2.0m | €1,737 | €69,715 | ▲ 3,913% |
| Cash at bank and in hand54/58 | €24,450 | €9,639 | €6,701 | €47,606 | €39,979 | ▼ 16.0% |
| Deferred charges and accrued income490/1 | - | - | €73 | €0 | €21,114 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.3m | €3.3m | €1.4m | €1.5m | ▲ 12.6% |
| Equity10/15 | €892,136 | €894,759 | €891,390 | €899,468 | €979,732 | ▲ 8.9% |
| Contributions10/11 | €130,000 | €130,000 | €130,000 | €130,000 | €130,000 | = |
| Reserves13 | €345,000 | €345,000 | €345,000 | €345,000 | €345,000 | = |
| Non-distributable reserves130/1 | €13,000 | €13,000 | - | - | - | - |
| Reserves not available under the articles1311 | €13,000 | €13,000 | - | - | - | - |
| Distributable reserves133 | €332,000 | €332,000 | €345,000 | €345,000 | €345,000 | = |
| Profit (loss) carried forward14 | €417,136 | €419,759 | €416,390 | €424,468 | €504,732 | ▲ 18.9% |
| Amounts payable17/49 | €262,684 | €372,188 | €2.4m | €473,612 | €566,177 | ▲ 19.5% |
| Amounts payable after more than one year17 | €27,797 | - | - | - | - | - |
| Financial debts170/4 | €27,797 | - | - | - | - | - |
| Amounts payable within one year42/48 | €229,612 | €372,188 | €2.4m | €473,612 | €542,955 | ▲ 14.6% |
| Current portion of amounts payable after more than one year42 | €16,000 | - | - | - | - | - |
| Trade debts44 | - | €76 | €76 | €0 | €8,173 | - |
| Suppliers440/4 | - | €76 | €76 | €0 | €8,173 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €19,394 | - |
| Taxes450/3 | - | - | - | - | €19,394 | - |
| Other amounts payable47/48 | €213,612 | €372,112 | €2.4m | €473,612 | €515,388 | ▲ 8.8% |
| Accrued charges and deferred income492/3 | €5,275 | - | - | - | €23,222 | - |
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,204 | €4.2m | €2.0m | €8,078 | €80,264 | ▲ 894% |
| Operating cash flow (approximation) | -€4,204 | €4.2m | €2.0m | €8,078 | €80,264 | ▲ 894% |
| Investment in fixed assets (approximation) | - | -€126,938 | €0 | - | -€1 | - |
| Change in cash | - | -€14,811 | -€2,938 | - | -€7,627 | - |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €4.2m
Net result €4.2m after 3 loss-making years.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€7,679
Net result drops to -€7,679, the lowest in the series; recovery starts the following year.
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Wingene · 1 establishment unit since 2009
Ground area
1,648 m²
Building footprint
866 m²
Volume, LiDAR
251 m³
Parcel 37019B1104/00A000, Flanders · tallest building 5.4 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
VERGEL
since 20092.178.798.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019B1104/00A000 | Flanders | 1,648 m² | 1 · 866 m² | 5.4 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 2 holdingsChain of control
Highest known parent: Bobbie Pharmaceutical Services. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 2
- BMEDIsubsidiarySourceaccounts BMEDI 2025100%
-
100%
According to the 2025 annual accounts of VERGEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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SOWI INVEST
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,717 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0812259489
Also
9925:BE0812259489
Registered
30-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.