VERHAMED
ActiveThe computed 12-month bankruptcy probability of VERHAMED is 2.9% (moderate). The 2025 annual accounts show equity of €1k and a net result of €284k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 13009 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0▼-13
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.52 in 2024), and 99.9% 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
0.1%
Return on assets
32.8%
Age of the figures
11 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 30-12-2025, 121 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
121 d early
2024
13 d early
2023
3 d early
2022
6 d early
2021
9 d early
2020
2 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
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€508k
EBIT margin
76.6%
Net result
€284k▲ 39.1%
2024 · €204k
2020: €16k
2021: €91k
2022: €124k
2023: €202k
2024: €204k
2020 → 2025
Working capital
€-486k▼ 78.5%
2024 · €-272k
2020: €-334k
2021: €-318k
2022: €-180k
2023: €27k
2024: €-272k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€508k
Equity€207k-€331k▲ 60.1%€533k▲ 60.8%€208k▼ 61.0%€1k▼ 99.5%
Operating result€103k-€140k▲ 35.9%€267k▲ 90.5%€272k▲ 1.7%€389k▲ 43.4%
Net result€91k-€124k▲ 37.2%€202k▲ 62.1%€204k▲ 1.2%€284k▲ 39.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 43% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €865k
Fixed assets
€768k▼ 5.3%
Current assets
€97k▼ 66.7%
Equity and liabilities €865k
Equity
€1k▼ 99.5%
Debt
€864k▼ 3.3%
The debt ratio rises from 81.1% to 99.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€458k▲
2024 · €346k
Cash flow
€352k▲
2024 · €279k
Solvency
0.1%▼
2024 · 18.9%
Current ratio
0.17▼
2024 · 0.52
Quick ratio
0.17▼
2024 · 0.52
ROA
32.8%▲
2024 · 18.5%
Interest coverage
38.45▼
2024 · 40.11
Debt
€864k▼
2024 · €893k
Debt ≤ 1 year
€583k▲
2024 · €562k
Debt > 1 year
€281k▼
2024 · €331k
Income taxes
€94k▲
2024 · €61k
A ratio outside any meaningful range has been withheld (balance sheet total €865k, equity €1k).
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€1.10M€865k▼
Fixed assets21/28€811k€768k▼
Tangible fixed assets22/27€811k€768k▼
Land and buildings22€811k€768k▼
Current assets29/58€290k€97k▼
Amounts receivable within one year40/41€85k€56k▼
Trade receivables40€8k€0▼
Other amounts receivable41€77k€56k▼
Current investments50/53€196k€11k▼
Cash at bank and in hand54/58€7k€28k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.10M€865k▼
Equity10/15€208k€1k▼
Contributions10/11€1k€1k=
Reserves13€204k€0▼
Distributable reserves133€204k€0▼
Profit (loss) carried forward14€3k€0▼
Amounts payable17/49€893k€864k▼
Amounts payable after more than one year17€331k€281k▼
Financial debts170/4€331k€281k▼
Amounts payable within one year42/48€562k€583k▲
Current portion of amounts payable after more than one year42€50k€50k▲
Trade debts44-€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45€20k€28k▲
Taxes450/3€18k€27k▲
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€493k€500k▲
Income statement
Code20242025
Turnover70-€508k
Non-recurring operating income76A-€0
Goods, raw materials, services and sundry goods60/61-€48k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€68k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€349k€461k▲
Operating profit (loss)9901€272k€389k▲
Financial income75/76B€2k€561▼
Recurring financial income75€2k€561▼
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€265k€378k▲
Income taxes67/77€61k€94k▲
Profit (loss) for the period9904€204k€284k▲
Profit (loss) for the period to be appropriated9905€204k€284k▲
Appropriation of the result
Profit (loss) to be appropriated9906€207k€287k▲
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer from equity791/2€430k€204k▼
Transfer to equity691/2€204k€0▼
To other reserves6921€204k€0▼
Profit to be distributed694/7€430k€491k▲
Return on contributions (dividend)694€430k€491k▲
The notes to these accounts (8 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
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Highest result since 2020net €284k ▲39.1%
Operating result €389k, net result €284k, both a record.
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity times 9current ratio 1.28
Current ratio from 0.15 to 1.28; short-term debt falls from €211k to €99k.
30-09
Financial
Equity above €500kEq €533k ▲60.8%
4 profitable years in a row build equity to €533k.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €200kEq €207k ▲77.9%
2 profitable years in a row build equity to €207k.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2019
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.
Henri Lebbestraat 1418790 WaregemGround area
1,389 m²
Building footprint
299 m²
Volume, LiDAR
1,163 m³
Parcel 34040C1292/00S008, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VERHAMED
since 20192.292.963.006
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1292/00S008 | Flanders | 1,389 m² | 1 · 299 m² | 5.6 m · 1 fl. |
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.
Similar companies · same sector, comparable size
WAELHEM
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GGYAN
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PP Drinks
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BAR CONCEPTS
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ELBASAN INVEST
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Of 13,834 companies in sector 56301 we hold annual accounts for 4,807. 1,074 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2019
Fiscal year end30-09
Activities, NACEBEL
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.