VERIAC
Judicial reorganisationThe file of VERIAC contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2026 annual accounts show equity of €10.94M and a net result of €4.51M. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 29% of 120 sector peers (fiscal year 2026).
Checked score
Score 2026
Axes · tick = 2025
Profitability93▲+8
Solvency46▼-28
Growth62▼-1
Stability60
Credit verdict
Credit up to €470k at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 1.15 in 2025), and 70.2% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 28-05-2026, 95 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
95 d early
2025
66 d early
2024
80 d early
2023
111 d early
2022
105 d early
2021
159 d early
2020
153 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, full schema, statutory
Turnover
€32.04M▼ 5.8%
2025 · €34.00M
2019: €32.91M
2020: €30.82M
2021: €25.64M
2022: €31.54M
2023: €31.69M
2024: €32.88M
2025: €34.00M
2019 → 2026
EBIT margin
14.4%▲ 5.2pp
2025 · 9.2%
2019: -15.4%
2020: 0.2%
2021: 9.5%
2022: 10.1%
2023: 10.3%
2024: 11.5%
2025: 9.2%
2019 → 2026
Net result
€4.51M▼ 63.4%
2025 · €12.34M
2019: €-36.60M
2020: €29.55M
2021: €1.97M
2022: €2.60M
2023: €2.85M
2024: €3.18M
2025: €12.34M
2019 → 2026
Working capital
€-795k
2025 · €2.35M
2019: €-6.48M
2020: €-1.13M
2021: €-417k
2022: €-104k
2023: €-527k
2024: €2.12M
2025: €2.35M
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Turnover€31.54M-€31.69M▲ 0.5%€32.88M▲ 3.8%€34.00M▲ 3.4%€32.04M▼ 5.8%
Equity€8.21M-€11.06M▲ 34.7%€14.24M▲ 28.8%€14.38M▲ 0.9%€10.94M▼ 23.9%
Operating result€3.18M-€3.27M▲ 2.6%€3.77M▲ 15.5%€3.13M▼ 17.1%€4.60M▲ 47.3%
Net result€2.60M-€2.85M▲ 9.7%€3.18M▲ 11.7%€12.34M▲ 288%€4.51M▼ 63.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 47% above 2025 and is the highest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €36.70M
Fixed assets
€11.74M▼ 4.1%
Current assets
€24.96M▲ 40.5%
Equity and liabilities €36.70M
Equity
€10.94M▼ 23.9%
Provisions
€0▼ 100%
Debt
€25.76M▲ 66.7%
The debt ratio rises from 51.5% to 70.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€5.31M▲
2025 · €3.78M
Cash flow
€5.22M▼
2025 · €13.00M
Solvency
29.8%▼
2025 · 47.9%
Current ratio
0.97▼
2025 · 1.15
Quick ratio
0.66▼
2025 · 0.66
Debt / equity
2.35▲
2025 · 1.07
ROE
41.3%▼
2025 · 85.9%
ROA
12.3%▼
2025 · 41.1%
Interest coverage
15.12▼
2025 · 90.80
Debt
€25.76M▲
2025 · €15.45M
Debt ≤ 1 year
€25.76M▲
2025 · €15.41M
Income taxes
€923k▲
2025 · €342k
Staff costs
€6.55M▲
2025 · €6.41M
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€30.00M€36.70M▲
Fixed assets21/28€12.24M€11.74M▼
Intangible fixed assets21€1.89M€1.63M▼
Tangible fixed assets22/27€690k€453k▼
Plant, machinery and equipment23€74k€63k▼
Furniture and vehicles24€492k€386k▼
Assets under construction and advance payments27€124k€4k▼
Financial fixed assets28€9.66M€9.66M=
Affiliated companies280/1€9.65M€9.65M=
Participating interests280€9.65M€9.65M=
Other financial fixed assets284/8€11k€11k=
Amounts receivable and cash guarantees285/8€11k€11k=
Current assets29/58€17.76M€24.96M▲
Stocks and contracts in progress3€7.61M€8.05M▲
Stocks30/36€7.61M€8.05M▲
Goods purchased for resale34€5.56M€6.26M▲
Advance payments36€2.05M€1.79M▼
Amounts receivable within one year40/41€6.37M€12.95M▲
Trade receivables40€46k€145k▲
Other amounts receivable41€6.33M€12.80M▲
Cash at bank and in hand54/58€3.38M€3.49M▲
Deferred charges and accrued income490/1€396k€473k▲
Equity and liabilities
Total equity and liabilities10/49€30.00M€36.70M▲
Equity10/15€14.38M€10.94M▼
Contributions10/11€14.13M€10.47M▼
Capital10€14.13M€10.47M▼
Issued capital100€14.13M€10.47M▼
Reserves13€249k€475k▲
Non-distributable reserves130/1€236k€462k▲
Legal reserve130€236k€462k▲
Tax-exempt reserves132€3k€3k=
Distributable reserves133€10k€10k=
Provisions and deferred taxes16€176k-
Provisions for liabilities and charges160/5€176k-
Other liabilities and charges164/5€176k-
Amounts payable17/49€15.45M€25.76M▲
Amounts payable within one year42/48€15.41M€25.76M▲
Trade debts44€8.86M€6.69M▼
Suppliers440/4€8.86M€6.69M▼
Taxes, remuneration and social security45€2.15M€2.34M▲
Taxes450/3€1.28M€1.41M▲
Remuneration and social security454/9€868k€931k▲
Other amounts payable47/48€4.40M€16.73M▲
Accrued charges and deferred income492/3€34k-
Income statement
Code20252026
Operating income70/76A€54.63M€52.43M▼
Turnover70€34.00M€32.04M▼
Other operating income74€20.63M€20.40M▼
Operating charges60/66A€51.50M€47.83M▼
Goods for resale, raw materials and consumables60€33.86M€31.48M▼
Purchases600/8€33.44M€32.05M▼
Change in stocks: decrease (increase)609€418k€-575k▼
Services and other goods61€9.84M€9.32M▼
Remuneration, social security and pensions62€6.41M€6.55M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€654k€709k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€109k€-141k▼
Other operating charges640/8€15k€53k▲
Non-recurring operating charges66A€618k€-141k▼
Operating profit (loss)9901€3.13M€4.60M▲
Financial income75/76B€9.77M€1.28M▼
Recurring financial income75€9.77M€1.28M▼
Income from financial fixed assets750€9.68M€718k▼
Income from current assets751€94k€339k▲
Other financial income752/9€115€226k▲
Financial charges65/66B€215k€450k▲
Recurring financial charges65€215k€450k▲
Debt charges650€42k€351k▲
Other financial charges652/9€173k€98k▼
Profit (loss) for the period before taxes9903€12.69M€5.44M▼
Income taxes67/77€342k€923k▲
Taxes670/3€349k€1.10M▲
Tax adjustments and reversals of tax provisions77€6k€176k▲
Profit (loss) for the period9904€12.34M€4.51M▼
Profit (loss) for the period to be appropriated9905€12.34M€4.51M▼
Appropriation of the result
Profit (loss) to be appropriated9906€7.44M€4.51M▼
Profit (loss) brought forward from the previous period14P€-4.90M-
Transfer from equity791/2€4.90M-
From contributions791€4.90M-
Transfer to equity691/2€133k€226k▲
To the legal reserve6920€133k€226k▲
Profit to be distributed694/7€12.21M€4.29M▼
Return on contributions (dividend)694€12.21M€4.29M▼
Social balance
Average headcount (FTE)908793.694.8▲
The notes to these accounts (54 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 2027, expected by
2026
14-08
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative5 facts ▸
- General meeting, 20/05/2026
- Auditor appointment, BDO Bedrijfsrevisoren BV (commissaris)
- Permanent representative, Marlies Polfliet
- Permanent representative, Corneel de Maeyer
- Permanent representative, Erwin Van Osta
28-05
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-01
Financial
Equity above €10MEq €11.06M ▲34.7%
4 profitable years in a row build equity to €11.06M.
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-01
Financial
Equity above €5MEq €5.61M ▲54.1%
2 profitable years in a row build equity to €5.61M.
2020
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-01
Financial
Back to profitnet €29.55M
Net result €29.55M after one loss-making year.
31-01
Financial
Equity above €2MEq €3.64M
Equity rises from €-30.91M to €3.64M.
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
14-10
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · amiable · event 09-10-2019
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Kontich · 2 establishment units since 1978
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.
De Villermontstraat 92550 KontichGround area
2.0 ha
Building footprint
7.3 ha
Volume, LiDAR
937,113 m³
2 parcels, Flanders · tallest building 81.4 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
VERIAC
since 19782.015.213.404
Veriac nv
since 20142.256.313.733
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036C0167/00A000 | Flanders | 1.4 ha | 1 · 7.2 ha | 81.4 m · 4 fl. |
| 11024B0090/00X000 | Flanders | 6,428 m² | 1 · 1,636 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| BDO Bedrijfsrevisoren bvCurrent Statutory auditor · represented by Marlies Polfliet | 14-08-2026 → present |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 175 EUR awarded · 175 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 175 EUR | 175 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsLogistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Legal Entity Identifier
54930083MFZMTKZIM477
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Of 683 companies in sector 46412 we hold annual accounts for 512. 92 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-02-1978
Fiscal year end31-01
Activities, NACEBEL
46412Wholesale of household textiles and bedding
46423Wholesale of clothing, excluding workwear and underwear
51410
51421
Sources
Crossroads Bank for EnterprisesNational Bank · 50 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.