VERHAERT
ActiveVERHAERT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €687k and a net result of €-745. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 862 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-72
Solvency100=
Growth35=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 19.2 against 14.3 in 2024), and 5.2% 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
94.8%
Return on assets
-0.1%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
28 d early
2023
15 d early
2022
31 d early
2021
52 d early
2020
32 d early
2019
36 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€10k▼ 82.8%
2024 · €59k
2018: €891k
2019: €1.31M
2020: €1.31M
2021: €344k
2022: €138k
2023: €29k
2024: €59k
2018 → 2025
EBIT margin
9.2%▼ 37.7pp
2024 · 46.9%
2018: 19.3%
2019: 13.2%
2020: 7.6%
2021: 84.7%
2022: 79.1%
2023: 5.7%
2024: 46.9%
2018 → 2025
Net result
€-745
2024 · €20k
2018: €141k
2019: €141k
2020: €55k
2021: €215k
2022: €81k
2023: €-6k
2024: €20k
2018 → 2025
Working capital
€687k▼ 0.1%
2024 · €688k
2018: €107k
2019: €254k
2020: €314k
2021: €593k
2022: €674k
2023: €668k
2024: €688k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€344k-€138k▼ 59.8%€29k▼ 78.8%€59k▲ 102%€10k▼ 82.8%
Equity€593k-€674k▲ 13.7%€668k▼ 1.0%€688k▲ 3.0%€687k▼ 0.1%
Operating result€291k-€109k▼ 62.4%€2k▼ 98.5%€28k▲ 1,561%€939▼ 96.6%
Net result€215k-€81k▼ 62.3%€-6k€20k€-745
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €725k
Equity
€687k▼ 0.1%
Debt
€38k▼ 27.0%
The debt ratio falls from 7.0% to 5.2%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
94.8%▲
2024 · 93.0%
Current ratio
19.20▲
2024 · 14.30
Quick ratio
5.85▲
2024 · 4.55
Debt / equity
0.05▼
2024 · 0.08
ROE
-0.1%▼
2024 · 2.9%
ROA
-0.1%▼
2024 · 2.7%
Debt
€38k▼
2024 · €52k
Debt ≤ 1 year
€38k▼
2024 · €52k
Income taxes
€2k▼
2024 · €8k
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€740k€725k▼
Current assets29/58€740k€725k▼
Stocks and contracts in progress3€504k€504k=
Stocks30/36€504k€504k=
Property held for sale35€504k€504k=
Amounts receivable within one year40/41€120k€120k▲
Trade receivables40-€126
Other amounts receivable41€120k€120k=
Cash at bank and in hand54/58€113k€101k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€740k€725k▼
Equity10/15€688k€687k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€625k€625k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€619k€618k▼
Amounts payable17/49€52k€38k▼
Amounts payable within one year42/48€52k€38k▼
Trade debts44€0-
Suppliers440/4€0-
Advances received on contracts in progress46€37k€37k=
Taxes, remuneration and social security45€15k€671▼
Taxes450/3€15k€671▼
Income statement
Code20242025
Operating income70/76A€59k€10k▼
Turnover70€59k€10k▼
Operating charges60/66A€31k€9k▼
Goods for resale, raw materials and consumables60€23k€0▼
Purchases600/8€23k€0▼
Services and other goods61€8k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€634€532▼
Operating profit (loss)9901€28k€939▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Other financial income752/9€3€0▼
Financial charges65/66B€85€56▼
Recurring financial charges65€85€56▼
Other financial charges652/9€85€56▼
Profit (loss) for the period before taxes9903€28k€883▼
Income taxes67/77€8k€2k▼
Taxes670/3€8k€2k▼
Profit (loss) for the period9904€20k€-745▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€20k€-745▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-745▼
Transfer from equity791/2-€745
From reserves792-€745
Transfer to equity691/2€20k€0▼
To other reserves6921€20k€0▼
The notes to these accounts (17 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 21 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-6k ▼108%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €215k ▲288%
Operating result €291k, net result €215k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 7.86
Current ratio from 2.23 to 7.86; short-term debt falls from €256k to €86k.
31-12
Financial
Equity above €500kEq €593k ▲56.8%
4 profitable years in a row build equity to €593k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Houthalen-Helchteren · 1 establishment unit since 1991
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.
Europarklaan 10853530 Houthalen-HelchterenGround area
1,043 m²
Parcel 72015D0785/00_000, Flanders. Linked by address, not a title deed.
1 establishment unit
Europarklaan 1085, 3530 Houthalen-Helchteren
since 19912.052.075.679
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015D0785/00_000 | Flanders | 1,043 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 4,706 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1990
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. (Her)Benoemingen. Divers. (AOPC-1-9-03930/14.05)