VERGHE
ActiveVERGHE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €9k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+1
Solvency54▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.31 in 2024; short-term debt: 61.6% and cash: 9.2% of total assets), and 71.2% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
28.8%
Return on assets
3.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
21 d early
2023
19 d early
2022
23 d early
2021
2 d early
2020
28 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▲ 12.0%
2024 · €72k
2018: €19k
2019: €31k
2020: €31k
2021: €44k
2022: €59k
2023: €62k
2024: €72k
2018 → 2025
Total assets
€278k▲ 19.5%
2024 · €232k
2018: €110k
2019: €113k
2020: €118k
2021: €189k
2022: €207k
2023: €227k
2024: €232k
2018 → 2025
Net result
€9k▼ 8.6%
2024 · €9k
2018: €-1k
2019: €11k
2020: €11k
2021: €13k
2022: €15k
2023: €3k
2024: €9k
2018 → 2025
Working capital
€26k▼ 39.7%
2024 · €44k
2018: €9k
2019: €23k
2020: €20k
2021: €27k
2022: €37k
2023: €33k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€59k▲ 33.1%€62k▲ 5.4%€72k▲ 15.1%€80k▲ 12.0%
Operating result€25k-€27k▲ 9.3%€11k▼ 60.5%€20k▲ 87.6%€20k▲ 2.2%
Net result€13k-€15k▲ 10.9%€3k▼ 78.3%€9k▲ 194%€9k▼ 8.6%
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 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €278k
Fixed assets
€80k▲ 66.9%
Current assets
€197k▲ 7.1%
Equity and liabilities €278k
Equity
€80k▲ 12.0%
Debt
€198k▲ 22.8%
The debt ratio rises from 69.2% to 71.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▲
2024 · €35k
Cash flow
€28k▲
2024 · €25k
Solvency
28.8%▼
2024 · 30.8%
Current ratio
1.15▼
2024 · 1.31
Quick ratio
0.91▼
2024 · 0.96
Debt / equity
2.47▲
2024 · 2.25
ROE
10.7%▼
2024 · 13.1%
ROA
3.1%▼
2024 · 4.0%
Interest coverage
3.61▲
2024 · 3.37
Debt
€198k▲
2024 · €161k
Debt ≤ 1 year
€171k▲
2024 · €140k
Debt > 1 year
€27k▲
2024 · €20k
Income taxes
€2k▼
2024 · €3k
Staff costs
€168k▲
2024 · €99k
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€232k€278k▲
Fixed assets21/28€48k€80k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€48k€80k▲
Plant, machinery and equipment23€33k€70k▲
Furniture and vehicles24€15k€10k▼
Current assets29/58€184k€197k▲
Stocks and contracts in progress3€50k€41k▼
Stocks30/36€29k€24k▼
Contracts in progress37€22k€17k▼
Amounts receivable within one year40/41€122k€126k▲
Trade receivables40€114k€112k▼
Other amounts receivable41€8k€14k▲
Cash at bank and in hand54/58€9k€26k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€232k€278k▲
Equity10/15€72k€80k▲
Contributions10/11€6k€6k=
Reserves13€65k€74k▲
Distributable reserves133€65k€74k▲
Amounts payable17/49€161k€198k▲
Amounts payable after more than one year17€20k€27k▲
Financial debts170/4€20k€27k▲
Amounts payable within one year42/48€140k€171k▲
Current portion of amounts payable after more than one year42€6k€9k▲
Financial debts43€50k€74k▲
Credit institutions430/8€50k€74k▲
Trade debts44€63k€53k▼
Suppliers440/4€63k€53k▼
Taxes, remuneration and social security45€21k€35k▲
Taxes450/3€7k€14k▲
Remuneration and social security454/9€14k€20k▲
Income statement
Code20242025
Non-recurring operating income76A€3k€7k▲
Remuneration, social security and pensions62€99k€168k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€20k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€139k€211k▲
Operating profit (loss)9901€20k€20k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€12k€11k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€9k€9k▼
Profit (loss) for the period to be appropriated9905€9k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€9k▼
Transfer to equity691/2€9k€9k▼
To other reserves6921€9k€9k▼
The notes to these accounts (11 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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €15k ▲10.9%
Operating result €27k, net result €15k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zele · 1 establishment unit since 2008
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.
Huivelde 839240 ZeleGround area
1,586 m²
Building footprint
269 m²
Volume, LiDAR
1,603 m³
2 parcels, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARAGE JOERI VERHEYDEN
since 20082.169.335.318
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028B1108/00M000 | Flanders | 816 m² | 1 · 162 m² | 6.1 m · 2 fl. |
| 42028B1076/00R000 | Flanders | 770 m² | 1 · 107 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2023 to 2025 · 3 entries · 3,687 EUR awarded · 3,498 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,993 EUR | 1,805 EUR |
| 2024 | 1 | 59 EUR | 58 EUR |
| 2023 | 1 | 1,635 EUR | 1,635 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 10,681 companies in sector 47811 we hold annual accounts for 5,225. 3,546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-02-2008
Fiscal year end30-09
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
45204
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.