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VERIAC

Judicial reorganisation
Public limited companyfounded 1978active for 48 yearsDe Villermontstraat 9, 2550 Kontich, Belgium15 active companies are registered at this addressKBO/BCE: BE 0418.139.284
Summary

The file of VERIAC contains 1 judicial reorganisation, as published in the Belgian Official 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 €10.9m and a net result of €4.5m. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 32% of 370 sector peers (NACE 46, financial year 2026).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Antwerp
Opened
9 October 2019
Track
Reorganisation by amicable settlement
Docket number
20190046
Moratorium until
20 November 2019 (passed; an extension would be in a later judgment)
Delegated judge
Marcel Von Den Busch
Official Gazette
14-10-2019 (pdf) ↗search the document for 2019/151666

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Wholesale of household textiles and bedding
NACE 46412Wholesale of clothing, excluding workwear and underwear NACE 46423
5th largest employer in Kontich, Wholesale and retail trade sector2 sites
Size
€32.0mturnover 2026
Staff
94.8 FTE
Equity
€10.9m
Profit
€4.5m
Financial health
24 Critical Checked score 2026
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Parent
SATIREV · 99.99%
Holdings
1
  • COREMAManaging director · permanent representative Corneel De Maeyer
  • VeriSmartDirector · permanent representative Erwin Van Osta
Auditor: BDO Bedrijfsrevisoren bv2026 accounts 95 days early5 of 28 deeds summarised
Signalsraises riskIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2026
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Average
Solvency 55-18
equity 29.8% of total assets
Liquidity 24-14
short-term debt 70.2% · cash 9.5%
Profitability 85-3
return on assets 12.3%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.97, compared with 1.15 in 2025, below 1; short-term debt: 70.2% and cash: 9.5% of total assets), and 70.2% of the assets are financed with debt and provisions.

Signals

Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
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 filings
Deviation from the deadline
2026
95 days early
2025
66 days early
2024
80 days early
2023
111 days early
2022
105 days early
2021
159 days early
2020
153 days early
← 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 110 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 28 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Marlies Polfliet, Corneel…
  2. Annual accounts filedfinancial year 2026 · full…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Risk: In judicial reorganisationtrustee not known 09-10-2019 View
  • Caution: Result fell in 2026from €12.3m to €4.5m ▼ 63.4% View
  • Positive: Among the best 12% on net resultsector median €129,906 · 363 companies €4.5m View
  • Controlled by SATIREVultimately: VeriSmart 99.99% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2026: €4.5m 7 years View
  • Active since 1978founded 13-02-1978 48 years View

By topic

Financials

Financial year
2026
Turnover
€32.0m
Profit
€4.5m
Solvency
29.8%
Turnover▼ 5.8%
Net result
20192026
Go to Financials

Board & ownership

Board
2 members
Parent
SATIREV · 99.99%
Auditor
BDO Bedrijfsrevisoren bv
  • COREMAManaging director
  • VeriSmartDirector
Go to Board & ownership

Network & group

Group
VeriSmart
Subsidiaries, all levels
3
Direct holdings
1
Connected companies
1

3 subsidiaries

Go to Network & group

Timeline

Events
60
Since
1979
Next accounts
by 31-08-2027
  1. 25-02-2025Capital & shares · Amendment of the…
  2. 03-02-2025Resignations: VGM INVEST BV, Tradespot NV and…
  3. 17-01-2025Capital & shares · Amendment of the…
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Wholesale of household textiles and beddingNACE 46412
Founded
13-02-1978
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VERIAC

What is the company number of VERIAC?
0418.139.284. In Belgium the VAT number is the company number with BE in front: BE 0418.139.284.
Where is VERIAC based?
The registered office is at De Villermontstraat 9, 2550 Kontich.Company details
What does VERIAC do?
According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
What is the legal form of VERIAC?
Public limited company (NV).
When was VERIAC founded?
On 13-02-1978.
Is VERIAC still active?
Yes, VERIAC is in the KBO register. A judicial reorganisation is running.
How many employees does VERIAC have?
On average 94.8 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of VERIAC?
€32.0m in financial year 2026, according to the filed annual accounts.
Is VERIAC profitable?
In financial year 2026, VERIAC made a profit of €4.5m.
Where can I find the annual accounts of VERIAC?
VERIAC filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of VERIAC due?
By 31-08-2027, for financial year 2027.Timeline

Companies related to VERIAC

Subsidiaries and holdings

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