Verhodema
ActiveVerhodema has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €326k and a net result of €155k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency26▼-3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.44 in 2023), and 87.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9582 sector peers (2024).
NBB · sector comparisonPosition among 9582 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
60 d late
2021
61 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€326k▲ 4.8%
2023 · €311k
2018: €83k
2019: €92k
2020: €135k
2021: €235k
2022: €289k
2023: €311k
2018 → 2024
Total assets
€2.52M=
2023 · €2.52M
2018: €1.04M
2019: €920k
2020: €2.48M
2021: €2.44M
2022: €2.61M
2023: €2.52M
2018 → 2024
Net result
€155k▲ 2.2%
2023 · €152k
2018: €200k
2019: €9k
2020: €188k
2021: €250k
2022: €125k
2023: €152k
2018 → 2024
Working capital
€192k▼ 23.6%
2023 · €251k
2018: €-38k
2019: €-7k
2020: €138k
2021: €144k
2022: €240k
2023: €251k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€135k-€235k▲ 73.6%€289k▲ 23.3%€311k▲ 7.4%€326k▲ 4.8%
Operating result€249k-€320k▲ 28.5%€178k▼ 44.3%€256k▲ 43.6%€253k▼ 0.9%
Net result€188k-€250k▲ 33.0%€125k▼ 50.1%€152k▲ 21.6%€155k▲ 2.2%
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 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.52M
Fixed assets
€1.65M▼ 3.0%
Current assets
€877k▲ 6.0%
Equity and liabilities €2.52M
Equity
€326k▲ 4.8%
Debt
€2.20M▼ 0.7%
The debt ratio falls from 87.7% to 87.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€319k▲
2023 · €317k
Cash flow
€220k▲
2023 · €212k
Solvency
12.9%▲
2023 · 12.3%
Current ratio
1.28▼
2023 · 1.44
Quick ratio
0.36▼
2023 · 0.44
Debt / equity
6.75▼
2023 · 7.12
ROE
47.5%▼
2023 · 48.8%
ROA
6.1%▲
2023 · 6.0%
Interest coverage
3.22▲
2023 · 3.18
Debt
€2.20M▼
2023 · €2.21M
Debt ≤ 1 year
€686k▲
2023 · €576k
Debt > 1 year
€1.51M▼
2023 · €1.64M
Income taxes
€6k▼
2023 · €8k
Staff costs
€238k▼
2023 · €243k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.52M€2.52M=
Fixed assets21/28€1.70M€1.65M▼
Tangible fixed assets22/27€1.65M€1.59M▼
Land and buildings22€1.56M€1.51M▼
Plant, machinery and equipment23€16k€23k▲
Furniture and vehicles24€14k€11k▼
Other tangible fixed assets26€58k€52k▼
Financial fixed assets28€51k€51k=
Current assets29/58€827k€877k▲
Stocks and contracts in progress3€573k€629k▲
Stocks30/36€573k€629k▲
Amounts receivable within one year40/41€32k€39k▲
Trade receivables40€20k€18k▼
Other amounts receivable41€13k€21k▲
Cash at bank and in hand54/58€216k€204k▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€2.52M€2.52M=
Equity10/15€311k€326k▲
Contributions10/11€20k€20k=
Reserves13€291k€306k▲
Distributable reserves133€291k€306k▲
Amounts payable17/49€2.21M€2.20M▼
Amounts payable after more than one year17€1.64M€1.51M▼
Financial debts170/4€1.64M€1.51M▼
Amounts payable within one year42/48€576k€686k▲
Current portion of amounts payable after more than one year42€123k€129k▲
Trade debts44€261k€342k▲
Suppliers440/4€261k€342k▲
Taxes, remuneration and social security45€42k€55k▲
Taxes450/3€4k€8k▲
Remuneration and social security454/9€38k€46k▲
Other amounts payable47/48€150k€160k▲
Income statement
Code20232024
Remuneration, social security and pensions62€243k€238k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€66k▲
Other operating charges640/8€13k€13k▲
Gross operating margin9900€573k€570k▼
Operating profit (loss)9901€256k€253k▼
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Financial charges65/66B€100k€99k▼
Recurring financial charges65€100k€99k▼
Profit (loss) for the period before taxes9903€159k€160k▲
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€152k€155k▲
Profit (loss) for the period to be appropriated9905€152k€155k▲
Appropriation of the result
Profit (loss) to be appropriated9906€152k€155k▲
Transfer from equity791/2€269k-
Transfer to equity691/2€291k€15k▼
To other reserves6921€291k€15k▼
Profit to be distributed694/7€130k€140k▲
Directors or managers695€130k€140k▲
Social balance
Average headcount (FTE)90877.17.3▲
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €250k ▲33%
Operating result €320k, net result €250k, both a record.
31-12
Financial
Equity above €200kEq €235k ▲73.6%
4 profitable years in a row build equity to €235k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €135k ▲47.7%
3 profitable years in a row build equity to €135k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼95.5%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dendermonde · 1 establishment unit since 2015
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.
Heirbaan (STG) 2699200 DendermondeGround area
3,251 m²
Building footprint
1,838 m²
Volume, LiDAR
9,941 m³
Parcel 42021B0205/00L002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verhodema
since 20152.245.567.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021B0205/00L002 | Flanders | 3,251 m² | 1 · 1,838 m² | 7.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 26,667 EUR awarded · 26,667 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,508 EUR | 7,508 EUR |
| 2024 | 1 | 9,532 EUR | 9,532 EUR |
| 2023 | 1 | 4,664 EUR | 4,664 EUR |
| 2022 | 1 | 4,963 EUR | 4,963 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.245.567.717
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Of 3,374 companies in sector 47761 we hold annual accounts for 1,152. 880 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2015
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.