Vergo
ActiveVergo has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.93M and a net result of €88k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 1836 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72=
Solvency76▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.29 in 2024; short-term debt: 25% and cash: 19% of total assets), and 49% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 49
Relative position
BE, all sectors
reference
Sector 49
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
51%
Return on assets
2.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
46 d late
2023
21 d late
2022
15 d late
2021
2 d early
2020
16 d late
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.93M▲ 4.8%
2024 · €1.84M
2019: €1.53M
2021: €1.56M
2022: €1.64M
2023: €1.73M
2024: €1.84M
2019 → 2025
Total assets
€3.78M▼ 3.5%
2024 · €3.92M
2019: €4.22M
2021: €3.11M
2022: €3.47M
2023: €3.63M
2024: €3.92M
2019 → 2025
Net result
€88k▼ 16.6%
2024 · €106k
2019: €51k
2021: €106k
2022: €83k
2023: €94k
2024: €106k
2019 → 2025
Working capital
€1.12M▼ 19.6%
2024 · €1.39M
2019: €1.09M
2021: €1.17M
2022: €1.15M
2023: €1.30M
2024: €1.39M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.56M-€1.64M▲ 5.3%€1.73M▲ 5.7%€1.84M▲ 6.1%€1.93M▲ 4.8%
Operating result€151k-€109k▼ 27.9%€134k▲ 22.7%€155k▲ 16.2%€127k▼ 18.2%
Net result€106k-€83k▼ 22.4%€94k▲ 13.9%€106k▲ 12.3%€88k▼ 16.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.78M
Fixed assets
€1.72M▲ 18.7%
Current assets
€2.06M▼ 16.6%
Equity and liabilities €3.78M
Equity
€1.93M▲ 4.8%
Debt
€1.85M▼ 10.9%
The debt ratio falls from 53.1% to 49.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€496k▲
2024 · €425k
Cash flow
€457k▲
2024 · €375k
Solvency
51.0%▲
2024 · 46.9%
Current ratio
2.19▼
2024 · 2.29
Quick ratio
2.18▼
2024 · 2.28
Debt / equity
0.96▼
2024 · 1.13
ROE
4.6%▼
2024 · 5.8%
ROA
2.3%▼
2024 · 2.7%
Interest coverage
16.07▼
2024 · 16.61
Debt
€1.85M▼
2024 · €2.08M
Debt ≤ 1 year
€943k▼
2024 · €1.08M
Debt > 1 year
€710k▼
2024 · €760k
Income taxes
€11k▼
2024 · €27k
Staff costs
€1.74M▲
2024 · €1.69M
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€3.92M€3.78M▼
Fixed assets21/28€1.44M€1.72M▲
Tangible fixed assets22/27€1.44M€1.71M▲
Land and buildings22€703k€618k▼
Plant, machinery and equipment23€329k€319k▼
Furniture and vehicles24€412k€773k▲
Financial fixed assets28€1k€6k▲
Current assets29/58€2.47M€2.06M▼
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€1.79M€1.29M▼
Trade receivables40€1.57M€957k▼
Other amounts receivable41€227k€331k▲
Cash at bank and in hand54/58€618k€719k▲
Deferred charges and accrued income490/1€52k€47k▼
Equity and liabilities
Total equity and liabilities10/49€3.92M€3.78M▼
Equity10/15€1.84M€1.93M▲
Contributions10/11€65k€65k=
Reserves13€678k€711k▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€672k€705k▲
Profit (loss) carried forward14€1.09M€1.15M▲
Amounts payable17/49€2.08M€1.85M▼
Amounts payable after more than one year17€760k€710k▼
Financial debts170/4€460k€319k▼
Other amounts payable178/9€300k€391k▲
Amounts payable within one year42/48€1.08M€943k▼
Current portion of amounts payable after more than one year42€139k€141k▲
Financial debts43€95k€0▼
Credit institutions430/8€95k€0▼
Trade debts44€620k€610k▼
Suppliers440/4€620k€610k▼
Taxes, remuneration and social security45€183k€88k▼
Taxes450/3€79k€75▼
Remuneration and social security454/9€104k€88k▼
Other amounts payable47/48€43k€104k▲
Accrued charges and deferred income492/3€238k€198k▼
Income statement
Code20242025
Non-recurring operating income76A€43k€39k▼
Remuneration, social security and pensions62€1.69M€1.74M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€269k€369k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€0▼
Other operating charges640/8€42k€39k▼
Gross operating margin9900€2.17M€2.27M▲
Operating profit (loss)9901€155k€127k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€26k€31k▲
Recurring financial charges65€26k€31k▲
Profit (loss) for the period before taxes9903€133k€99k▼
Transfer from deferred taxes780€0-
Income taxes67/77€27k€11k▼
Profit (loss) for the period9904€106k€88k▼
Transfer from tax-exempt reserves789€11k€6k▼
Transfer to tax-exempt reserves689€36k€39k▲
Profit (loss) for the period to be appropriated9905€81k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.09M€1.15M▲
Profit (loss) brought forward from the previous period14P€1.01M€1.09M▲
Social balance
Average headcount (FTE)908730.230.8▲
The notes to these accounts (20 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2023
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 15 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Highest result since 2019net €106k ▲109%
Net result €106k, the highest in the series.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 35 days late
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Zemst · 3 establishment units since 1964
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.
Gulderij 101980 ZemstGround area
2,230 m²
Building footprint
442 m²
Volume, LiDAR
1,971 m³
3 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Gulderij 4, 1980 Zemst
since 19642.006.503.101
Stationslaan 100, 1980 Zemst
since 19642.006.503.297
Gulderij 10, 1980 Zemst
since 20002.006.503.396
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096B0348/00M000 | Flanders | 1,628 m² | 1 · 186 m² | 9.4 m · 1 fl. |
| 23096B0511/02F000 | Flanders | 444 m² | 1 · 99 m² | 8.2 m · 2 fl. |
| 23096C0800/00C000 | Flanders | 157 m² | 1 · 157 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
2022 to 2025 · 5 entries · 13,642 EUR awarded · 13,374 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,570 EUR | 5,303 EUR |
| 2024 | 1 | 1,586 EUR | 1,586 EUR |
| 2023 | 2 | 4,844 EUR | 5,282 EUR |
| 2022 | 1 | 1,642 EUR | 1,203 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZemst2.006.503.396
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Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 3,078 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-03
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.