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VERIMO-PROJECTS

Active
Private limited companyfounded 1999active for 27 yearsNinoofsesteenweg 62, 1700 Dilbeek, BelgiumKBO/BCE: BE 0466.333.834
Summary

VERIMO-PROJECTS has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.0m and a net result of -€163,876. Equity is growing by about 5.2% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (69 days) Filed on 8 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00554475.

Turnover
≈ €540,000
Estimated: probably between €360,000 and €830,000
Total assets
€12.4m▲ 4.0%
2024 · €11.9m
Net result
-€163,876
2024 · €609,088
Working capital
€2.9m▲ 0.7%
2024 · €2.9m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 96% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.04m 2025 Net result-€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m--€0.08m€0.5m€0.2m▼ 53.7%€0.06m▼ 71.9%€0.03m▼ 49.0%€1.0m▲ 34×€0.04m▼ 96.1%
Net result-€0.005m--€0.9m▼ 18,071%€0.3m€0.03m▼ 89.6%-€0.01m-€0.007m▲ 34.2%€0.6m-€0.2m
Equity€3.5m-€3.5m▲ 2.2%€3.9m▲ 9.4%€3.9m▲ 0.9%€3.9m▼ 0.3%€3.9m▼ 0.2%€5.2m▲ 33.7%€5.0m▼ 3.2%
Total assets€9.2m-€9.0m▼ 2.2%€9.4m▲ 4.7%€10.1m▲ 6.9%€11.0m▲ 9.0%€10.2m▼ 7.1%€11.9m▲ 16.8%€12.4m▲ 4.0%
Debt€5.5m-€5.2m▼ 5.1%€5.2m▲ 0.4%€5.7m▲ 10.4%€6.7m▲ 16.2%€5.9m▼ 11.4%€6.3m▲ 7.0%€7.0m▲ 10.3%
Working capital€0.4m--€1.6m-€1.0m▲ 36.2%€0.9m-€0.4m€0.7m€2.9m▲ 344%€2.9m▲ 0.7%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.4m
Fixed assets €9.2m ▲ 4.7%
Current assets €3.2m ▲ 2.0%
Equity and liabilities €12.4m
Equity €5.0m ▼ 3.2%
Provisions €399,877 ▼ 2.6%
Debt €7.0m ▲ 10.3%
Debt's share of the balance-sheet total rises from 53.0% to 56.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€174,679▼
2024 · €1.2m
Cash flow
-€30,017▼
2024 · €729,391
Current ratio
12.43▼
2024 · 14.60
Quick ratio
8.72▼
2024 · 10.15
Debt to equity
1.39▲
2024 · 1.22
ROE
-3.3%▼
2024 · 11.7%
ROA
-1.3%▼
2024 · 5.1%
Interest coverage
0.81▼
2024 · 4.13
Debt ≤ 1 year
€255,786▲
2024 · €213,404
Debt > 1 year
€6.7m▲
2024 · €6.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 830 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.5% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.9% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 830 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€11.9m€12.4m▲
Fixed assets21/28€8.8m€9.2m▲
Tangible fixed assets22/27€8.1m€8.5m▲
Land and buildings22€8.1m€8.5m▲
Financial fixed assets28€0.7m€0.7m=
Current assets29/58€3.1m€3.2m▲
Stocks and contracts in progress3€1.0m€1.0m=
Contracts in progress37€1.0m€1.0m=
Amounts receivable within one year40/41€2.2m€2.2m▲
Other amounts receivable41€2.2m€2.2m▲
Cash at bank and in hand54/58€0.01m€0.06m▲
Equity and liabilities
Total equity and liabilities10/49€11.9m€12.4m▲
Equity10/15€5.2m€5.0m▼
Contributions10/11€0.09m€0.09m=
Revaluation surpluses12€4.3m€4.3m=
Reserves13€1.1m€1.0m▼
Non-distributable reserves130/1€0.006m-
Reserves not available under the articles1311€0.006m-
Tax-exempt reserves132€1.0m€1.0m▼
Profit (loss) carried forward14-€0.2m-€0.3m▼
Provisions and deferred taxes16€0.4m€0.4m▼
Deferred taxes168€0.4m€0.4m▼
Amounts payable17/49€6.3m€7.0m▲
Amounts payable after more than one year17€6.1m€6.7m▲
Financial debts170/4€6.1m€6.7m▲
Amounts payable within one year42/48€0.2m€0.3m▲
Trade debts44€32€0.09m▲
Suppliers440/4€32€0.09m▲
Advances received on contracts in progress46€0.01m€0.05m▲
Other amounts payable47/48€0.2m€0.1m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▲
Other operating charges640/8€0.04m€0.04m▲
Gross operating margin9900€1.2m€0.2m▼
Operating profit (loss)9901€1.0m€0.04m▼
Financial charges65/66B€0.4m€0.2m▼
Recurring financial charges65€0.3m€0.2m▼
Non-recurring financial charges66B€0.2m-
Profit (loss) for the period before taxes9903€0.6m-€0.2m▼
Transfer from deferred taxes780€0.01m€0.01m=
Profit (loss) for the period9904€0.6m-€0.2m▼
Transfer from tax-exempt reserves789€0.02m€0.02m=
Profit (loss) for the period to be appropriated9905€0.6m-€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m-€0.3m▼
Profit (loss) brought forward from the previous period14P-€0.8m-€0.2m▲
Transfer from equity791/2-€0.006m

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0.3m-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m€0.2m€0.2m€0.2m€0.1m€0.1m€0.1m▲ 11.3%
Other operating charges640/8---€0.05m€0.03m€0.04m€0.04m€0.04m▲ 6.8%
Gross operating margin9900€0.4m€0.2m€0.7m€0.5m€0.3m€0.2m€1.2m€0.2m▼ 82.1%
Operating profit (loss)9901€0.1m-€0.08m€0.5m€0.2m€0.06m€0.03m€1.0m€0.04m▼ 96.1%
Financial income75/76B---€17-€0.2m---
Recurring financial income75€61--€17-€0.2m---
Financial charges65/66B---€0.1m€0.08m€0.2m€0.4m€0.2m▼ 51.1%
Recurring financial charges65€0.1m€0.09m€0.06m€0.1m€0.08m€0.2m€0.3m€0.2m▼ 23.2%
Non-recurring financial charges66B------€0.2m--
Profit (loss) for the period before taxes9903-€0.02m-€0.9m€0.4m€0.1m-€0.02m-€0.02m€0.6m-€0.2m-
Transfer from deferred taxes780---€0.01m€0.01m€0.01m€0.01m€0.01m=
Transfer to deferred taxes680---€0.08m-----
Income taxes67/77---€0.005m------
Profit (loss) for the period9904-€0.005m-€0.9m€0.3m€0.03m-€0.01m-€0.007m€0.6m-€0.2m-
Transfer from tax-exempt reserves789---€0.02m€0.02m€0.02m€0.02m€0.02m=
Transfer to tax-exempt reserves689---€0.3m-----
Profit (loss) for the period to be appropriated9905€0.02m-€0.9m€0.09m-€0.2m€0.01m€0.02m€0.6m-€0.1m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€9.2m€9.0m€9.4m€10.1m€11.0m€10.2m€11.9m€12.4m▲ 4.0%
Formation expenses20€0.006m€0.004m€0.002m€0-----
Fixed assets21/28€6.5m€8.3m€8.1m€7.9m€8.9m€8.2m€8.8m€9.2m▲ 4.7%
Intangible fixed assets21€0.4m€0.3m€0.2m€0.08m-----
Tangible fixed assets22/27€5.3m€7.2m€7.1m€6.9m€7.3m€7.4m€8.1m€8.5m▲ 5.1%
Land and buildings22---€6.9m€7.3m€7.4m€8.1m€8.5m▲ 5.1%
Financial fixed assets28€0.8m€0.8m€0.8m€0.8m€1.5m€0.8m€0.7m€0.7m=
Current assets29/58€2.7m€0.7m€1.3m€2.2m€2.1m€2.0m€3.1m€3.2m▲ 2.0%
Stocks and contracts in progress3------€1.0m€1.0m=
Contracts in progress37------€1.0m€1.0m=
Amounts receivable within one year40/41€2.7m€0.7m€1.3m€2.1m€2.1m€2.0m€2.2m€2.2m▲ 0.9%
Other amounts receivable41---€2.1m€2.1m€2.0m€2.2m€2.2m▲ 0.9%
Cash at bank and in hand54/58€0.01m€0.02m€0.02m€0.1m€0.02m€0.02m€0.01m€0.06m▲ 343%
Equity and liabilities
Total equity and liabilities10/49€9.2m€9.0m€9.4m€10.1m€11.0m€10.2m€11.9m€12.4m▲ 4.0%
Equity10/15€3.5m€3.5m€3.9m€3.9m€3.9m€3.9m€5.2m€5.0m▼ 3.2%
Contributions10/11€0.09m€0.09m-€0.09m€0.09m€0.09m€0.09m€0.09m=
Revaluation surpluses12---€3.6m€3.6m€3.6m€4.3m€4.3m=
Reserves13€0.6m€0.6m€0.9m€1.1m€1.1m€1.1m€1.1m€1.0m▼ 2.8%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m--
Reserves not available under the articles1311---€0.006m€0.006m€0.006m€0.006m--
Tax-exempt reserves132---€1.1m€1.1m€1.1m€1.0m€1.0m▼ 2.2%
Profit (loss) carried forward14€0.1m-€0.8m-€0.7m-€0.9m-€0.9m-€0.8m-€0.2m-€0.3m▼ 64.9%
Provisions and deferred taxes16€0.3m€0.3m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m▼ 2.6%
Deferred taxes168---€0.4m€0.4m€0.4m€0.4m€0.4m▼ 2.6%
Amounts payable17/49€5.5m€5.2m€5.2m€5.7m€6.7m€5.9m€6.3m€7.0m▲ 10.3%
Amounts payable after more than one year17€3.2m€3.0m€2.9m€4.4m€4.2m€4.6m€6.1m€6.7m▲ 9.9%
Financial debts170/4---€4.4m€4.2m€4.6m€6.1m€6.7m▲ 9.9%
Amounts payable within one year42/48€2.3m€2.2m€2.3m€1.3m€2.5m€1.3m€0.2m€0.3m▲ 19.9%
Current portion of amounts payable after more than one year42---€0.2m€0.8m€0.8m---
Financial debts43---€0.2m€0.2m€0.2m---
Credit institutions430/8---€0.2m€0.2m€0.2m---
Trade debts44€0.04m€0.004m€0.05m€0.006m€0.003m€0.02m€32€0.09m▲ 2,692×
Suppliers440/4---€0.006m€0.003m€0.02m€32€0.09m▲ 2,692×
Advances received on contracts in progress46---€0.01m€0.01m€0.02m€0.01m€0.05m▲ 348%
Other amounts payable47/48---€0.8m€1.5m€0.3m€0.2m€0.1m▼ 39.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.005m-€0.9m€0.3m€0.03m-€0.01m-€0.007m€0.6m-€0.2m-
+ Depreciation and write-downs630€0.2m€0.2m€0.2m€0.2m€0.2m€0.1m€0.1m€0.1m▲ 11.3%
Operating cash flow (approximation)€0.2m-€0.7m€0.6m€0.3m€0.2m€0.1m€0.7m-€0.03m-
Investment in fixed assets (approximation)--€2.0m€0.03m€0.01m-€1.2m€0.6m-€0.7m-€0.5m▲ 22.0%
Change in cash-€0.008m€0.004m€0.1m-€0.1m€0.005m-€0.01m€0.04m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 08-10-2026 2026-00554475
31-12-2024 micro format 29-09-2025 2025-00517479
31-12-2023 micro format 07-10-2024 2024-00499724
31-12-2022 micro format 31-08-2023 2023-00432623
31-12-2021 micro format 15-09-2022 2022-20431472
31-12-2020 micro format 25-10-2021 2021-73000283
31-12-2019 micro format 15-09-2020 2020-53400290
31-12-2018 micro format 30-08-2019 2019-62800018
31-12-2017 micro format 24-09-2018 2018-64700585
30-09-2016 abbreviated format 29-03-2017 2017-08200347

Show all 26 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.