VERI
ActiveSummary
VERI has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,841) and a net result of -€9,096. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-75
Growth36=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 1.56 in 2024; short-term debt: 191.5% and cash: 67.8% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-91.5%
Return on assets
-171.9%
Age of the figures
9 mo
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
Retail trade (NACE 47)
about 45% more 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4,841
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
27 d late
2023
7 d late
2022
30 d late
2021
3 d early
2020
2 d early
2019
11 d late
← 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 3 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€62,455▲ 3.0%
2018 · €60,626
EBIT margin
7.6%▲ 0.7pp
2018 · 6.9%
Net result
-€9,096▼ 51.6%
2024 · -€6,002
Working capital
-€6,314
2024 · €2,396
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Turnover
Operating result-€5,204-€1,094▲ 79.0%€11-€5,966-€8,194▼ 37.3%
Net result-€6,244below the sector's middle half-€1,132within the sector's middle half▲ 81.9%€101within the sector's middle half-€6,002below the sector's middle half-€9,096below the sector's middle half▼ 51.6%
EBIT margin
Equity€11,287within the sector's middle half▼ 35.6%€10,155within the sector's middle half▼ 10.0%€10,256within the sector's middle half▲ 1.0%€4,255within the sector's middle half▼ 58.5%-€4,841below the sector's middle half
Total assets€14,725below the sector's middle half▼ 32.5%€13,680below the sector's middle half▼ 7.1%€14,445below the sector's middle half▲ 5.6%€8,517below the sector's middle half▼ 41.0%€5,291below the sector's middle half▼ 37.9%
Debt€3,438▼ 19.6%€3,525▲ 2.6%€4,189▲ 18.8%€4,263▲ 1.8%€10,132▲ 138%
Working capital€11,287▼ 35.6%€10,155▼ 10.0%€10,256▲ 1.0%€2,396▼ 76.6%-€6,314
Solvency76.7%above the sector's middle half▼ 3.7pp74.2%above the sector's middle half▼ 2.4pp71.0%above the sector's middle half▼ 3.2pp50.0%within the sector's middle half▼ 21.0pp-91.5%below the sector's middle half▼ 141.5pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,194 in 2025 against €5,966 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5,291
Fixed assets
€1,472 ▼ 20.8%
Current assets
€3,819 ▼ 42.6%
Key figures and ratios
EBITDA
-€7,807▼
2024 · -€5,893
Cash flow
-€8,709▼
2024 · -€5,928
Current ratio
0.38▼
2024 · 1.56
Debt to equity
-2.09▼
2024 · 1.00
ROA
-171.9%▼
2024 · -70.5%
Interest coverage
-8.65▲
2024 · -25.97
Debt ≤ 1 year
€10,132▲
2024 · €4,263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,640 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €74 | €387 | ▲ 423% |
| Other operating charges640/8 | €761 | €554 | €570 | €622 | €606 | ▼ 2.6% |
| Non-recurring operating charges66A | €1,134 | - | - | - | - | - |
| Gross operating margin9900 | -€3,308 | -€540 | €581 | -€5,271 | -€7,201 | ▼ 36.6% |
| Operating profit (loss)9901 | -€5,204 | -€1,094 | €11 | -€5,966 | -€8,194 | ▼ 37.3% |
| Financial income75/76B | €242 | €241 | €224 | €192 | - | - |
| Recurring financial income75 | €242 | €241 | €224 | €192 | - | - |
| Financial charges65/66B | -€26 | €278 | €134 | €227 | €902 | ▲ 298% |
| Recurring financial charges65 | -€26 | €278 | €134 | €227 | €902 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | -€4,936 | -€1,132 | €101 | -€6,002 | -€9,096 | ▼ 51.6% |
| Income taxes67/77 | €1,308 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€6,244 | -€1,132 | €101 | -€6,002 | -€9,096 | ▼ 51.6% |
| Profit (loss) for the period to be appropriated9905 | -€6,244 | -€1,132 | €101 | -€6,002 | -€9,096 | ▼ 51.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,725 | €13,680 | €14,445 | €8,517 | €5,291 | ▼ 37.9% |
| Fixed assets21/28 | - | - | - | €1,859 | €1,472 | ▼ 20.8% |
| Tangible fixed assets22/27 | - | - | - | €1,859 | €1,472 | ▼ 20.8% |
| Furniture and vehicles24 | - | - | - | €1,859 | €1,472 | ▼ 20.8% |
| Current assets29/58 | €14,725 | €13,680 | €14,445 | €6,658 | €3,819 | ▼ 42.6% |
| Stocks and contracts in progress3 | €165 | €165 | - | - | - | - |
| Stocks30/36 | €165 | €165 | - | - | - | - |
| Amounts receivable within one year40/41 | €3,283 | €7,235 | €7,616 | €4,542 | €233 | ▼ 94.9% |
| Trade receivables40 | - | €3,658 | €3,319 | €3,524 | €93 | ▼ 97.4% |
| Other amounts receivable41 | €3,283 | €3,577 | €4,297 | €1,018 | €140 | ▼ 86.2% |
| Cash at bank and in hand54/58 | €11,276 | €5,844 | €6,388 | €1,703 | €3,586 | ▲ 111% |
| Deferred charges and accrued income490/1 | - | €436 | €442 | €414 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,725 | €13,680 | €14,445 | €8,517 | €5,291 | ▼ 37.9% |
| Equity10/15 | €11,287 | €10,155 | €10,256 | €4,255 | -€4,841 | ▼ 214% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €128 | €128 | €128 | €128 | €128 | = |
| Non-distributable reserves130/1 | €128 | €128 | €128 | €128 | €128 | = |
| Reserves not available under the articles1311 | €128 | €128 | €128 | €128 | €128 | = |
| Profit (loss) carried forward14 | €4,959 | €3,827 | €3,928 | -€2,073 | -€11,169 | ▼ 439% |
| Amounts payable17/49 | €3,438 | €3,525 | €4,189 | €4,263 | €10,132 | ▲ 138% |
| Amounts payable within one year42/48 | €3,438 | €3,525 | €4,189 | €4,263 | €10,132 | ▲ 138% |
| Trade debts44 | €190 | €2,355 | €1,985 | €1,919 | €3,978 | ▲ 107% |
| Suppliers440/4 | €190 | €2,355 | €1,985 | €1,919 | €3,978 | ▲ 107% |
| Taxes, remuneration and social security45 | €3,248 | €1,170 | €2,204 | €2,344 | €1,172 | ▼ 50.0% |
| Taxes450/3 | €3,248 | €1,170 | €2,204 | €2,344 | €1,172 | ▼ 50.0% |
| Other amounts payable47/48 | - | - | - | - | €4,982 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,244 | -€1,132 | €101 | -€6,002 | -€9,096 | ▼ 51.6% |
| + Depreciation and write-downs630 | - | - | - | €74 | €387 | ▲ 423% |
| Operating cash flow (approximation) | -€6,244 | -€1,132 | €101 | -€5,928 | -€8,709 | ▼ 46.9% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | -€5,432 | €544 | -€4,685 | €1,883 | ▲ 140% |
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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€9,096
Net result drops to -€9,096, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Back to profitnet €101
Net result €101 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €7,349 ▲48.5%
Operating result €8,925, net result €7,349, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.92
Current ratio from 1.69 to 3.92; short-term debt falls from €7,570 to €3,482.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Aarschot · 1 establishment unit since 2003
Ground area
78 m²
Building footprint
78 m²
Volume, LiDAR
495 m³
Parcel 24092B0270/00P002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Diestsesteenweg 534, 3202 Aarschot
since 20032.131.403.665
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24092B0270/00P002 | Flanders | 78 m² | 1 · 78 m² | 9.8 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.
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Of 2,403 companies in sector 47241 we hold annual accounts for 1,101. 454 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479790506
Also
9925:BE0479790506
Registered
14-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.