Vergimmo
ActiveSummary
Vergimmo has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173,417 and a net result of -€20,578. Equity is shrinking by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+7
Solvency35▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 4.78 against 2.56 in 2024; short-term debt: 15.4% and cash: 2.1% of total assets), but 90.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€20,578
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4613 sector peers (2025).
NBB · sector comparisonPosition among 4613 sector peers
Solvency
better than 24%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 d late
2023
36 d early
2022
31 d early
2021
37 d early
2020
32 d early
2019
32 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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. Usually files around 30 June (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€20,578▲ 44.0%
2024 · -€36,769
Working capital
€1.0m▲ 84.9%
2024 · €550,274
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line20212022202320242025
Operating result-€141,865▼ 38.3%-€147,621▼ 4.1%-€51,444▲ 65.2%€13,142€27,577▲ 110%
Net result-€195,735below the sector's middle half▼ 20.8%-€194,286below the sector's middle half▲ 0.7%€179,303above the sector's middle half-€36,769below the sector's middle half-€20,578within the sector's middle half▲ 44.0%
Equity€245,747within the sector's middle half▼ 44.3%€51,461below the sector's middle half▼ 79.1%€230,764within the sector's middle half▲ 348%€193,995within the sector's middle half▼ 15.9%€173,417within the sector's middle half▼ 10.6%
Total assets€1.8mwithin the sector's middle half▲ 10.3%€2.0mwithin the sector's middle half▲ 6.7%€2.1mwithin the sector's middle half▲ 6.8%€1.5mwithin the sector's middle half▼ 28.0%€1.8mwithin the sector's middle half▲ 16.4%
Debt€1.6m▲ 30.0%€1.9m▲ 19.9%€1.9m▼ 2.4%€1.3m▼ 29.5%€1.6m▲ 20.4%
Working capital€86,375within the sector's middle half▼ 60.3%€431,814within the sector's middle half▲ 400%€1.1mabove the sector's middle half▲ 147%€550,274within the sector's middle half▼ 48.5%€1.0mwithin the sector's middle half▲ 84.9%
Solvency13.4%within the sector's middle half▼ 13.2pp2.6%below the sector's middle half▼ 10.8pp11.1%within the sector's middle half▲ 8.4pp12.9%within the sector's middle half▲ 1.8pp9.9%below the sector's middle half▼ 3.0pp
Current ratio1.13within the sector's middle half▼ 1.211.72within the sector's middle half▲ 0.594.59above the sector's middle half▲ 2.872.56within the sector's middle half▼ 2.034.78above the sector's middle half▲ 2.22
Return on assets (ROA)-10.7%below the sector's middle half▼ 0.9pp-9.9%below the sector's middle half▲ 0.7pp8.6%above the sector's middle half▲ 18.5pp-2.4%below the sector's middle half▼ 11.0pp-1.2%within the sector's middle half▲ 1.3pp
Staff (FTE)4within the sector's middle half▲ 2.6%4above the sector's middle half=3.8above the sector's middle half▼ 5.0%3.8above the sector's middle half=3.8within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 110% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€464,234 ▼ 22.8%
Current assets
€1.3m ▲ 42.6%
Equity and liabilities €1.8m
Equity
€173,417 ▼ 10.6%
Debt
€1.6m ▲ 20.4%
Debt's share of the balance-sheet total rises from 87.1% to 90.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€194,027▲
2024 · €171,836
Cash flow
€145,872▲
2024 · €121,925
Quick ratio
0.88▲
2024 · 0.73
Debt to equity
9.09▲
2024 · 6.75
ROE
-11.9%▲
2024 · -19.0%
Interest coverage
3.84▲
2024 · 3.18
Debt ≤ 1 year
€268,782▼
2024 · €351,773
Debt > 1 year
€1.3m▲
2024 · €939,770
Income taxes
€384▼
2024 · €508
Staff costs
€200,612▲
2024 · €190,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.3%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €31,665 | €29,890 | €111,464 | €0 | €750 | - |
| Remuneration, social security and pensions62 | €160,707 | €163,858 | €180,742 | €190,771 | €200,612 | ▲ 5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €192,858 | €179,362 | €159,391 | €158,694 | €166,450 | ▲ 4.9% |
| Other operating charges640/8 | €23,730 | €24,019 | €24,901 | €23,020 | €45,085 | ▲ 95.8% |
| Gross operating margin9900 | €235,430 | €219,618 | €313,590 | €385,627 | €439,724 | ▲ 14.0% |
| Operating profit (loss)9901 | -€141,865 | -€147,621 | -€51,444 | €13,142 | €27,577 | ▲ 110% |
| Financial income75/76B | €3,865 | €7,042 | €305,153 | €4,670 | €2,807 | ▼ 39.9% |
| Recurring financial income75 | €3,865 | €7,042 | €5,153 | €4,670 | €2,807 | ▼ 39.9% |
| Non-recurring financial income76B | - | - | €300,000 | €0 | - | - |
| Financial charges65/66B | €56,986 | €52,945 | €73,689 | €54,073 | €50,578 | ▼ 6.5% |
| Recurring financial charges65 | €56,986 | €52,945 | €73,689 | €54,073 | €50,578 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | -€194,986 | -€193,524 | €180,019 | -€36,261 | -€20,194 | ▲ 44.3% |
| Income taxes67/77 | €749 | €763 | €716 | €508 | €384 | ▼ 24.5% |
| Profit (loss) for the period9904 | -€195,735 | -€194,286 | €179,303 | -€36,769 | -€20,578 | ▲ 44.0% |
| Profit (loss) for the period to be appropriated9905 | -€195,735 | -€194,286 | €179,303 | -€36,769 | -€20,578 | ▲ 44.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €2.0m | €2.1m | €1.5m | €1.8m | ▲ 16.4% |
| Fixed assets21/28 | €1.1m | €921,765 | €721,059 | €601,459 | €464,234 | ▼ 22.8% |
| Tangible fixed assets22/27 | €1.1m | €917,565 | €716,819 | €598,019 | €460,744 | ▼ 23.0% |
| Land and buildings22 | €125,672 | €115,371 | - | - | - | - |
| Plant, machinery and equipment23 | €17,387 | €9,755 | €7,723 | €39,557 | €38,564 | ▼ 2.5% |
| Furniture and vehicles24 | €61,767 | €43,488 | €86,719 | €59,757 | €47,088 | ▼ 21.2% |
| Leasing and similar rights25 | €839,520 | €719,460 | €599,400 | €479,340 | €359,340 | ▼ 25.0% |
| Other tangible fixed assets26 | €48,418 | €29,491 | €22,977 | €19,365 | €15,753 | ▼ 18.7% |
| Financial fixed assets28 | €4,200 | €4,200 | €4,240 | €3,440 | €3,490 | ▲ 1.5% |
| Current assets29/58 | €734,485 | €1.0m | €1.4m | €902,047 | €1.3m | ▲ 42.6% |
| Stocks and contracts in progress3 | €21,819 | €406,483 | €857,498 | €645,500 | €1.0m | ▲ 62.6% |
| Stocks30/36 | - | €4,000 | €2,145 | €2,145 | €5,019 | ▲ 134% |
| Contracts in progress37 | €21,819 | €402,483 | €855,353 | €643,355 | €1.0m | ▲ 62.4% |
| Amounts receivable within one year40/41 | €188,768 | €500,598 | €100,405 | €169,660 | €177,572 | ▲ 4.7% |
| Trade receivables40 | €179,326 | €500,598 | €100,399 | €169,519 | €177,555 | ▲ 4.7% |
| Other amounts receivable41 | €9,442 | - | €6 | €141 | €17 | ▼ 87.9% |
| Cash at bank and in hand54/58 | €498,931 | €107,940 | €381,529 | €64,367 | €36,880 | ▼ 42.7% |
| Deferred charges and accrued income490/1 | €24,967 | €16,696 | €26,655 | €22,520 | €21,875 | ▼ 2.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €2.0m | €2.1m | €1.5m | €1.8m | ▲ 16.4% |
| Equity10/15 | €245,747 | €51,461 | €230,764 | €193,995 | €173,417 | ▼ 10.6% |
| Contributions10/11 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Capital10 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Issued capital100 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Reserves13 | €180,747 | €6,500 | €165,764 | €128,995 | €108,417 | ▼ 16.0% |
| Non-distributable reserves130/1 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Legal reserve130 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Distributable reserves133 | €174,247 | - | €159,264 | €122,495 | €101,917 | ▼ 16.8% |
| Profit (loss) carried forward14 | - | -€20,039 | - | - | - | - |
| Amounts payable17/49 | €1.6m | €1.9m | €1.9m | €1.3m | €1.6m | ▲ 20.4% |
| Amounts payable after more than one year17 | €935,951 | €1.3m | €1.5m | €939,770 | €1.3m | ▲ 37.3% |
| Financial debts170/4 | €935,951 | €1.3m | €1.5m | €939,770 | €1.3m | ▲ 37.3% |
| Amounts payable within one year42/48 | €648,111 | €599,903 | €297,662 | €351,773 | €268,782 | ▼ 23.6% |
| Current portion of amounts payable after more than one year42 | €120,719 | €126,896 | €133,388 | €140,212 | €147,386 | ▲ 5.1% |
| Trade debts44 | €29,204 | €189,591 | €93,867 | €173,201 | €95,668 | ▼ 44.8% |
| Suppliers440/4 | €29,204 | €189,591 | €93,867 | €173,201 | €95,668 | ▼ 44.8% |
| Advances received on contracts in progress46 | €417,484 | €189,665 | - | - | - | - |
| Taxes, remuneration and social security45 | €80,703 | €93,752 | €69,575 | €36,926 | €22,742 | ▼ 38.4% |
| Taxes450/3 | €65,143 | €78,693 | €51,324 | €21,564 | €6,766 | ▼ 68.6% |
| Remuneration and social security454/9 | €15,560 | €15,059 | €18,252 | €15,362 | €15,976 | ▲ 4.0% |
| Other amounts payable47/48 | - | - | €831 | €1,434 | €2,986 | ▲ 108% |
| Accrued charges and deferred income492/3 | €1,639 | €11,375 | €36,262 | €17,968 | €17,518 | ▼ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€195,735 | -€194,286 | €179,303 | -€36,769 | -€20,578 | ▲ 44.0% |
| + Depreciation and write-downs630 | €192,858 | €179,362 | €159,391 | €158,694 | €166,450 | ▲ 4.9% |
| Operating cash flow (approximation) | -€2,877 | -€14,924 | €338,694 | €121,925 | €145,872 | ▲ 19.6% |
| Investment in fixed assets (approximation) | - | -€4,164 | €41,314 | -€39,094 | -€29,226 | ▲ 25.2% |
| Change in cash | - | -€390,991 | €273,588 | -€317,162 | -€27,488 | ▲ 91.3% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €179,303
Net result €179,303 after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 4.59
Current ratio from 1.72 to 4.59; short-term debt falls from €599,903 to €297,662.
31-12
Financial
Equity above €200,000Eq €230,764 ▲348%
Equity rises from €51,461 to €230,764.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€195,735
Net result drops to -€195,735, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €14,436
Net result €14,436 after one loss-making year.
Show earlier events
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
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.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Kapellen · 1 establishment unit since 1992
Ground area
1,523 m²
Building footprint
371 m²
Volume, LiDAR
2,037 m³
Parcel 11362N0337/00F010, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Antwerpsesteenweg 174, 2950 Kapellen
since 19922.057.573.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362N0337/00F010 | Flanders | 1,523 m² | 1 · 371 m² | 11.4 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,296 EUR awarded · 2,305 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 654 EUR | 654 EUR |
| 2024 | 1 | 554 EUR | 467 EUR |
| 2023 | 1 | 558 EUR | 654 EUR |
| 2022 | 1 | 530 EUR | 530 EUR |
Recognitions · licences · registrations
Recognised contractor
4 categoriesVergimmo NV22960
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MAP RELOCATIONS
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 5,225 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
Founded30-04-1992
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68310Real estate agency activities
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447303523
Also
9925:BE0447303523
Registered
29-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.