VERILIN
ActiveSummary
VERILIN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €349,417. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 77% of 175 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-6
Solvency100▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 4.26 against 2.32 in 2024; short-term debt: 21.1% and cash: 55.4% of total assets), and 21.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% fewer 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
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
78.9%
Return on assets
17.5%
Age of the figures
9 mo
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 16-03-2026, 137 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
137 d early
2024
55 d early
2023
25 d early
2022
54 d early
2021
34 d early
2020
46 d early
2019
53 d 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 58 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% 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. Usually files around 7 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Staff and payroll costs Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 company by staff growth in West Flanders, Textiles sector
Equity
€1.6m▲ 28.5%
2024 · €1.2m
Total assets
€2.0m▲ 1.4%
2024 · €2.0m
Net result
€349,417▼ 22.3%
2024 · €449,570
Working capital
€1.4m▲ 40.0%
2024 · €978,145
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 13, Manufacture of textiles, 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
Operating result€99,880▲ 447%€108,850▲ 9.0%€306,940▲ 182%€537,196▲ 75.0%€478,780▼ 10.9%
Net result€78,656within the sector's middle half▲ 1,606%€86,870within the sector's middle half▲ 10.4%€216,629above the sector's middle half▲ 149%€449,570above the sector's middle half▲ 108%€349,417above the sector's middle half▼ 22.3%
Equity€675,033within the sector's middle half▲ 13.2%€761,904within the sector's middle half▲ 12.9%€978,532within the sector's middle half▲ 28.4%€1.2mwithin the sector's middle half▲ 25.5%€1.6mabove the sector's middle half▲ 28.5%
Total assets€1.2mwithin the sector's middle half▲ 32.9%€1.3mwithin the sector's middle half▲ 8.2%€1.4mwithin the sector's middle half▲ 8.9%€2.0mwithin the sector's middle half▲ 41.9%€2.0mwithin the sector's middle half▲ 1.4%
Debt€504,074▲ 73.3%€513,380▲ 1.8%€410,445▼ 20.1%€742,945▲ 81.0%€420,643▼ 43.4%
Working capital€482,848within the sector's middle half▲ 17.2%€528,069within the sector's middle half▲ 9.4%€710,480within the sector's middle half▲ 34.5%€978,145within the sector's middle half▲ 37.7%€1.4mabove the sector's middle half▲ 40.0%
Solvency57.2%within the sector's middle half▼ 10.0pp59.7%within the sector's middle half▲ 2.5pp70.4%within the sector's middle half▲ 10.7pp62.3%within the sector's middle half▼ 8.1pp78.9%above the sector's middle half▲ 16.6pp
Current ratio2.01within the sector's middle half▼ 0.462.04within the sector's middle half▲ 0.042.73within the sector's middle half▲ 0.692.32within the sector's middle half▼ 0.414.26above the sector's middle half▲ 1.94
Return on assets (ROA)6.7%within the sector's middle half▲ 6.2pp6.8%within the sector's middle half▲ 0.1pp15.6%above the sector's middle half▲ 8.8pp22.8%above the sector's middle half▲ 7.2pp17.5%above the sector's middle half▼ 5.3pp
Staff (FTE)11.3within the sector's middle half▲ 20.2%12.3within the sector's middle half▲ 8.8%13.1above the sector's middle half▲ 6.5%15.6above the sector's middle half▲ 19.1%16.8above the sector's middle half▲ 7.7%
above
within
below
the middle half (P25 to P75) of NACE 13, Manufacture of textiles, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€208,261 ▼ 16.7%
Current assets
€1.8m ▲ 4.0%
Equity and liabilities €2.0m
Equity
€1.6m ▲ 28.5%
Debt
€420,643 ▼ 43.4%
Debt's share of the balance-sheet total falls from 37.7% to 21.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€538,863▼
2024 · €597,662
Cash flow
€409,499▼
2024 · €510,037
Quick ratio
4.10▲
2024 · 2.24
Debt to equity
0.27▼
2024 · 0.60
ROE
22.1%▼
2024 · 36.6%
Interest coverage
132.60▼
2024 · 169.37
Debt ≤ 1 year
€420,643▼
2024 · €742,945
Income taxes
€136,394▲
2024 · €94,324
Staff costs
€815,956▲
2024 · €703,254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,134 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €463,310 | €501,277 | €563,733 | €703,254 | €815,956 | ▲ 16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,694 | €70,693 | €62,561 | €60,466 | €60,082 | ▼ 0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€5,676 | €0 | - | - | - | - |
| Other operating charges640/8 | €4,904 | €4,826 | €3,473 | €3,864 | €3,884 | ▲ 0.5% |
| Non-recurring operating charges66A | - | €472 | €0 | - | - | - |
| Gross operating margin9900 | €639,112 | €686,118 | €936,707 | €1.3m | €1.4m | ▲ 4.1% |
| Operating profit (loss)9901 | €99,880 | €108,850 | €306,940 | €537,196 | €478,780 | ▼ 10.9% |
| Financial income75/76B | €1,647 | €1,449 | €9,911 | €10,227 | €11,094 | ▲ 8.5% |
| Recurring financial income75 | €1,647 | €1,449 | €9,911 | €10,227 | €11,094 | ▲ 8.5% |
| Financial charges65/66B | €7,606 | €5,758 | €5,725 | €3,529 | €4,064 | ▲ 15.2% |
| Recurring financial charges65 | €7,606 | €5,758 | €5,725 | €3,529 | €4,064 | ▲ 15.2% |
| Profit (loss) for the period before taxes9903 | €93,922 | €104,541 | €311,126 | €543,894 | €485,810 | ▼ 10.7% |
| Income taxes67/77 | €15,266 | €17,671 | €94,497 | €94,324 | €136,394 | ▲ 44.6% |
| Profit (loss) for the period9904 | €78,656 | €86,870 | €216,629 | €449,570 | €349,417 | ▼ 22.3% |
| Profit (loss) for the period to be appropriated9905 | €78,656 | €86,870 | €216,629 | €449,570 | €349,417 | ▼ 22.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.3m | €1.4m | €2.0m | €2.0m | ▲ 1.4% |
| Fixed assets21/28 | €217,534 | €241,634 | €268,052 | €249,957 | €208,261 | ▼ 16.7% |
| Tangible fixed assets22/27 | €217,203 | €241,303 | €267,721 | €249,627 | €207,930 | ▼ 16.7% |
| Plant, machinery and equipment23 | €53,747 | €81,082 | €100,934 | €118,366 | €105,261 | ▼ 11.1% |
| Furniture and vehicles24 | €67,602 | €78,921 | €87,750 | €64,780 | €40,853 | ▼ 36.9% |
| Other tangible fixed assets26 | €95,854 | €81,300 | €79,037 | €66,480 | €61,817 | ▼ 7.0% |
| Financial fixed assets28 | €331 | €331 | €331 | €331 | €331 | = |
| Current assets29/58 | €961,573 | €1.0m | €1.1m | €1.7m | €1.8m | ▲ 4.0% |
| Stocks and contracts in progress3 | €116,589 | €101,828 | €68,153 | €58,761 | €64,405 | ▲ 9.6% |
| Stocks30/36 | €88,515 | €91,190 | €68,153 | €58,761 | €64,405 | ▲ 9.6% |
| Contracts in progress37 | €28,075 | €10,638 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €305,571 | €264,361 | €372,963 | €444,333 | €450,656 | ▲ 1.4% |
| Trade receivables40 | €252,971 | €194,548 | €278,763 | €323,919 | €259,156 | ▼ 20.0% |
| Other amounts receivable41 | €52,600 | €69,813 | €94,200 | €120,414 | €191,500 | ▲ 59.0% |
| Current investments50/53 | €49,964 | €49,964 | €299,964 | €351,089 | €84,646 | ▼ 75.9% |
| Cash at bank and in hand54/58 | €274,091 | €430,021 | €230,890 | €754,276 | €1.1m | ▲ 46.9% |
| Deferred charges and accrued income490/1 | €215,358 | €187,475 | €148,955 | €112,630 | €82,270 | ▼ 27.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.3m | €1.4m | €2.0m | €2.0m | ▲ 1.4% |
| Equity10/15 | €675,033 | €761,904 | €978,532 | €1.2m | €1.6m | ▲ 28.5% |
| Contributions10/11 | €161,000 | €161,000 | €161,000 | €161,000 | €161,000 | = |
| Capital10 | €161,000 | €161,000 | €161,000 | €161,000 | €161,000 | = |
| Issued capital100 | €161,000 | €161,000 | €161,000 | €161,000 | €161,000 | = |
| Reserves13 | €313,300 | €400,171 | €616,799 | €1.1m | €1.4m | ▲ 32.7% |
| Non-distributable reserves130/1 | €66,089 | €66,089 | €66,089 | €66,089 | €66,089 | = |
| Legal reserve130 | €16,100 | €16,100 | €16,100 | €16,100 | €16,100 | = |
| Reserves not available under the articles1311 | €25 | €25 | €25 | €25 | €25 | = |
| Own shares acquired1312 | €49,964 | €49,964 | €49,964 | €49,964 | €49,964 | = |
| Distributable reserves133 | €247,211 | €334,081 | €550,710 | €1.0m | €1.4m | ▲ 34.9% |
| Profit (loss) carried forward14 | €200,733 | €200,733 | €200,733 | €0 | €0 | - |
| Amounts payable17/49 | €504,074 | €513,380 | €410,445 | €742,945 | €420,643 | ▼ 43.4% |
| Amounts payable after more than one year17 | €25,349 | €7,800 | €0 | - | - | - |
| Financial debts170/4 | €15,958 | €5,912 | €0 | - | - | - |
| Other amounts payable178/9 | €9,390 | €1,887 | €0 | - | - | - |
| Amounts payable within one year42/48 | €478,725 | €505,580 | €410,445 | €742,945 | €420,643 | ▼ 43.4% |
| Current portion of amounts payable after more than one year42 | €27,676 | €17,549 | €5,912 | €0 | - | - |
| Trade debts44 | €67,288 | €147,863 | €108,012 | €200,218 | €134,192 | ▼ 33.0% |
| Suppliers440/4 | €67,288 | €147,863 | €108,012 | €200,218 | €134,192 | ▼ 33.0% |
| Advances received on contracts in progress46 | €183,072 | €192,613 | €223,290 | €223,507 | €227,586 | ▲ 1.8% |
| Taxes, remuneration and social security45 | €77,990 | €44,425 | €71,089 | €81,306 | €58,865 | ▼ 27.6% |
| Taxes450/3 | €53,859 | €20,037 | €45,788 | €55,663 | €33,522 | ▼ 39.8% |
| Remuneration and social security454/9 | €24,131 | €24,388 | €25,301 | €25,644 | €25,343 | ▼ 1.2% |
| Other amounts payable47/48 | €122,698 | €103,130 | €2,143 | €237,914 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,656 | €86,870 | €216,629 | €449,570 | €349,417 | ▼ 22.3% |
| + Depreciation and write-downs630 | €76,694 | €70,693 | €62,561 | €60,466 | €60,082 | ▼ 0.6% |
| Operating cash flow (approximation) | €155,350 | €157,563 | €279,190 | €510,037 | €409,499 | ▼ 19.7% |
| Investment in fixed assets (approximation) | - | -€94,794 | -€88,979 | -€42,372 | -€18,386 | ▲ 56.6% |
| Change in cash | - | €155,930 | -€199,131 | €523,386 | €353,648 | ▼ 32.4% |
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
31-03
State Gazette act
Resignations: BV Anne-Sophie Dedeken, BV Ilse Dedeken and Lauriana VercruyssePermanent representatives: Anne-Sophie Dedeken, Ilse Dedeken and 2 others · Appointments: BV Re-Elle (director and managing director) and BV Slowhouse (director and managing director) · Written resolutions12 facts ▸
State Gazette act
Resignations: BV Anne-Sophie Dedeken, BV Ilse Dedeken and Lauriana Vercruysse
Permanent representatives: Anne-Sophie Dedeken, Ilse Dedeken and 2 others · Appointments: BV Re-Elle (director and managing director) and BV Slowhouse (director and managing director) · Written resolutions12 facts ▸
- Written resolutions, 18/03/2026
- Director resignation, BV Anne-Sophie Dedeken (director and managing director)
- Director resignation, BV Ilse Dedeken (director and managing director)
- Director resignation, Lauriana Vercruysse (director)
- Permanent representative, Anne-Sophie Dedeken
- Permanent representative, Ilse Dedeken
- Director appointment, BV Re-Elle (director and managing director)
- Director appointment, BV Slowhouse (director and managing director)
- Permanent representative, Charline De Groeve
- Permanent representative, Philip De Hauwere
- Power of attorney, Lamote Stragier Advocaten
- Notification, vereniging alle aandelen in één hand en kennisgeving van de enige aandeelhouder
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €449,570 ▲108%
Operating result €537,196, net result €449,570, both a record.
31-12
Financial
Equity above €1mEq €1.2m ▲25.5%
7 profitable years in a row build equity to €1.2m.
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €4,611 ▼93.5%
Net result drops to €4,611, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, 2 in day-to-day management, last change in 2026
Board 2
BV Re-Elle
CurrentDirector and managing director · since 18-03-2026 · Legal entity · perm. rep.: Charline De Groeve
BV Slowhouse
CurrentDirector and managing director · since 18-03-2026 · Legal entity · perm. rep.: Philip De Hauwere
Day-to-day management 2
BV Re-Elle
CurrentDirector and managing director · since 18-03-2026 · Legal entity · perm. rep.: Charline De Groeve
BV Slowhouse
CurrentDirector and managing director · since 18-03-2026 · Legal entity · perm. rep.: Philip De Hauwere
Permanent representatives 2
Charline De Groeve
CurrentPermanent representative · since 18-03-2026 · for BV Re-Elle
Philip De Hauwere
CurrentPermanent representative · since 18-03-2026 · for BV Slowhouse
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
11 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1990
Ground area
2,486 m²
Building footprint
1,944 m²
Volume, LiDAR
8,943 m³
Parcel 34016C0394/00Z010, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERILIN NV
since 19902.050.095.394
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0394/00Z010 | Flanders | 2,486 m² | 1 · 1,944 m² | 6.6 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.
Mandate history
5 people since 2026, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| BV Re-Elle |
|
| BV Slowhouse |
|
| BV Anne-Sophie Dedeken |
|
| BV Ilse Dedeken |
|
| Vercruysse Lauriana |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
26.67%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 43,859 EUR awarded · 43,859 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 10,695 EUR | 10,695 EUR |
| 2024 | 2 | 8,051 EUR | 8,051 EUR |
| 2023 | 1 | 22,983 EUR | 22,983 EUR |
| 2022 | 1 | 2,130 EUR | 2,130 EUR |
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Of 209 companies in sector 13100 we hold annual accounts for 140. 106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-09-1990
Fiscal year end31-12
Activities, NACEBEL 2025
13100Manufacture of textiles
13921Manufacture of textiles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441643671
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.