VERIMCO
ActiveSummary
VERIMCO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,575 and a net result of -€11,789. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-70
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
short-term debt: 0% and cash: 28.1% of total assets, and 0.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
73 d early
2023
70 d early
2022
59 d early
2021
16 d early
2020
39 d early
2019
35 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 42 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€112,575▼ 9.5%
2024 · €124,365
Total assets
€113,064▼ 12.0%
2024 · €128,477
Net result
-€11,789
2024 · €7,861
Working capital
€31,892▼ 8.4%
2024 · €34,817
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,306▲ 121%€23,537▲ 1,703%€16,783▼ 28.7%€12,092▼ 28.0%-€11,577
Net result€907▲ 132%€15,583▲ 1,619%€11,066▼ 29.0%€7,861▼ 29.0%-€11,789
Equity€165,957▲ 0.5%€181,540▲ 9.4%€192,606▲ 6.1%€124,365▼ 35.4%€112,575▼ 9.5%
Total assets€169,560▲ 1.1%€189,410▲ 11.7%€198,604▲ 4.9%€128,477▼ 35.3%€113,064▼ 12.0%
Debt€3,603▲ 34.4%€7,870▲ 118%€5,998▼ 23.8%€4,113▼ 31.4%€489▼ 88.1%
Working capital€57,759▲ 27.1%€78,339▲ 35.6%€94,548▲ 20.7%€34,817▼ 63.2%€31,892▼ 8.4%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,577 after €12,092 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,064
Fixed assets
€81,172 ▼ 9.4%
Current assets
€31,892 ▼ 17.9%
Equity and liabilities €113,064
Equity
€112,575 ▼ 9.5%
Debt
€489 ▼ 88.1%
Debt's share of the balance-sheet total falls from 3.2% to 0.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,114▼
2024 · €20,600
Cash flow
-€3,327▼
2024 · €16,369
Debt to equity
0.00▼
2024 · 0.03
ROE
-10.5%▼
2024 · 6.3%
ROA
-10.4%▼
2024 · 6.1%
Interest coverage
-14.65▼
2024 · 100.03
Debt ≤ 1 year
€0▼
2024 · €4,025
Income taxes
€0▼
2024 · €4,025
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,662 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% | 1.7% |
| 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 75% 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 5,836 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 | €8,189 | €8,189 | €8,337 | €8,508 | €8,463 | ▼ 0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €13,292 | €0 | ▼ 100% |
| Other operating charges640/8 | €3,530 | €3,613 | €4,196 | €4,093 | €4,694 | ▲ 14.7% |
| Non-recurring operating charges66A | - | - | €803 | €0 | - | - |
| Gross operating margin9900 | €13,024 | €35,338 | €30,119 | €37,986 | €1,580 | ▼ 95.8% |
| Operating profit (loss)9901 | €1,306 | €23,537 | €16,783 | €12,092 | -€11,577 | ▼ 196% |
| Financial charges65/66B | €72 | €169 | €189 | €206 | €212 | ▲ 3.2% |
| Recurring financial charges65 | €72 | €169 | €189 | €206 | €212 | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | €1,234 | €23,368 | €16,595 | €11,886 | -€11,789 | ▼ 199% |
| Income taxes67/77 | €327 | €7,785 | €5,529 | €4,025 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €907 | €15,583 | €11,066 | €7,861 | -€11,789 | ▼ 250% |
| Profit (loss) for the period to be appropriated9905 | €907 | €15,583 | €11,066 | €7,861 | -€11,789 | ▼ 250% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169,560 | €189,410 | €198,604 | €128,477 | €113,064 | ▼ 12.0% |
| Fixed assets21/28 | €111,474 | €103,286 | €98,143 | €89,635 | €81,172 | ▼ 9.4% |
| Tangible fixed assets22/27 | €111,474 | €103,286 | €98,143 | €89,635 | €81,172 | ▼ 9.4% |
| Land and buildings22 | €111,474 | €103,286 | €98,143 | €89,635 | €81,172 | ▼ 9.4% |
| Current assets29/58 | €58,086 | €86,124 | €100,461 | €38,842 | €31,892 | ▼ 17.9% |
| Cash at bank and in hand54/58 | €57,193 | €85,025 | €100,152 | €38,518 | €31,768 | ▼ 17.5% |
| Deferred charges and accrued income490/1 | €893 | €1,099 | €309 | €324 | €124 | ▼ 61.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169,560 | €189,410 | €198,604 | €128,477 | €113,064 | ▼ 12.0% |
| Equity10/15 | €165,957 | €181,540 | €192,606 | €124,365 | €112,575 | ▼ 9.5% |
| Contributions10/11 | €107,834 | €107,834 | €107,834 | €35,407 | €35,407 | = |
| Capital10 | €107,834 | €107,834 | - | - | - | - |
| Issued capital100 | €107,834 | €107,834 | - | - | - | - |
| Reserves13 | €58,124 | €73,706 | €84,772 | €88,958 | €87,160 | ▼ 2.0% |
| Non-distributable reserves130/1 | €10,783 | €10,783 | €0 | - | - | - |
| Legal reserve130 | €10,783 | €10,783 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €0 | - | - | - |
| Distributable reserves133 | €47,340 | €62,923 | €84,772 | €88,958 | €87,160 | ▼ 2.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | -€9,991 | - |
| Amounts payable17/49 | €3,603 | €7,870 | €5,998 | €4,113 | €489 | ▼ 88.1% |
| Amounts payable within one year42/48 | €327 | €7,785 | €5,913 | €4,025 | €0 | ▼ 100% |
| Trade debts44 | - | - | €384 | €0 | - | - |
| Suppliers440/4 | - | - | €384 | €0 | - | - |
| Taxes, remuneration and social security45 | €327 | €7,785 | €5,529 | €4,025 | €0 | ▼ 100% |
| Taxes450/3 | €327 | €7,785 | €5,529 | €4,025 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €3,276 | €85 | €85 | €88 | €489 | ▲ 458% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €907 | €15,583 | €11,066 | €7,861 | -€11,789 | ▼ 250% |
| + Depreciation and write-downs630 | €8,189 | €8,189 | €8,337 | €8,508 | €8,463 | ▼ 0.5% |
| Operating cash flow (approximation) | €9,095 | €23,772 | €19,403 | €16,369 | -€3,327 | ▼ 120% |
| Investment in fixed assets (approximation) | - | €0 | -€3,194 | €0 | €0 | - |
| Change in cash | - | €27,832 | €15,127 | -€61,633 | -€6,750 | ▲ 89.0% |
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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€11,789
Net result drops to -€11,789, the lowest in the series.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €15,583 ▲1,619%
Operating result €23,537, net result €15,583, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 10current ratio 177.60
Current ratio from 18.43 to 177.60; short-term debt falls from €2,608 to €327.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 35 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Zoutleeuw · 1 establishment unit since 1993
Ground area
1,715 m²
Building footprint
387 m²
Volume, LiDAR
2,404 m³
2 parcels, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERIMCO NV
since 19932.061.280.187
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24021B0118/00M000 | Flanders | 1,534 m² | 1 · 193 m² | 11.2 m · 2 fl. |
| 71053H0944/00B000 | Flanders | 181 m² | 1 · 194 m² | 15.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company
Founded26-05-1992
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447518111
Also
9925:BE0447518111
Registered
21-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.