VERIMPEX GROUP
ActiveVERIMPEX GROUP has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226k and a net result of €319k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+28
Solvency42▼-23
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.05 in 2024; short-term debt: 80.6% and cash: 1.5% of total assets), and 83.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 13
lower
← 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
16.6%
Return on assets
23.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 174 sector peers (2025).
NBB · sector comparisonPosition among 174 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
41 d late
2024
92 d late
2023
281 d late
2022
142 d late
2021
2 d early
2020
60 d late
2019
56 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€226k▼ 82.0%
2024 · €1.26M
2018: €208k
2019: €1.72M
2020: €1.72M
2021: €1.58M
2022: €1.43M
2023: €1.32M
2024: €1.26M
2018 → 2025
Total assets
€1.36M▼ 56.2%
2024 · €3.11M
2018: €3.35M
2019: €4.58M
2020: €4.58M
2021: €3.06M
2022: €2.43M
2023: €2.51M
2024: €3.11M
2018 → 2025
Net result
€319k
2024 · €-68k
2018: €2k
2019: €2k
2020: €-33k
2021: €-106k
2022: €-146k
2023: €-108k
2024: €-68k
2018 → 2025
Working capital
€-817k▲ 53.7%
2024 · €-1.76M
2018: €-223k
2019: €-223k
2020: €-327k
2021: €-625k
2022: €-776k
2023: €-1.09M
2024: €-1.76M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.58M-€1.43M▼ 9.2%€1.32M▼ 7.6%€1.26M▼ 5.1%€226k▼ 82.0%
Operating result€-67k-€-113k▼ 67.9%€-70k▲ 38.5%€-17k▲ 75.1%€719k
Net result€-106k-€-146k▼ 37.9%€-108k▲ 25.7%€-68k▲ 37.5%€319k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €719k after a loss of €17k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€1.08M▼ 64.2%
Current assets
€283k▲ 217%
Equity and liabilities €1.36M
Equity
€226k▼ 82.0%
Debt
€1.14M▼ 38.7%
The debt ratio rises from 59.6% to 83.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€869k▲
2024 · €131k
Cash flow
€469k▲
2024 · €81k
Solvency
16.6%▼
2024 · 40.4%
Current ratio
0.26▲
2024 · 0.05
Quick ratio
0.26▲
2024 · 0.05
Debt / equity
5.03▲
2024 · 1.48
ROE
140.7%▲
2024 · -5.4%
ROA
23.4%▲
2024 · -2.2%
Interest coverage
2.17▼
2024 · 2.60
Debt
€1.14M▼
2024 · €1.86M
Debt ≤ 1 year
€1.10M▼
2024 · €1.85M
Debt > 1 year
€38k▲
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.11M€1.36M▼
Fixed assets21/28€3.02M€1.08M▼
Tangible fixed assets22/27€3.02M€1.06M▼
Land and buildings22€2.08M€176k▼
Plant, machinery and equipment23€835k€801k▼
Furniture and vehicles24€105k€84k▼
Financial fixed assets28-€20k
Current assets29/58€89k€283k▲
Amounts receivable within one year40/41€87k€260k▲
Trade receivables40€87k€75k▼
Other amounts receivable41€684€185k▲
Cash at bank and in hand54/58€628€20k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€3.11M€1.36M▼
Equity10/15€1.26M€226k▼
Contributions10/11€415k€415k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Outside capital11€115k€115k=
Share premium1100/10€115k€115k=
Revaluation surpluses12€1.35M€0▼
Reserves13€292k€292k=
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Tax-exempt reserves132€24k€24k=
Distributable reserves133€238k€238k=
Profit (loss) carried forward14€-799k€-480k▲
Amounts payable17/49€1.86M€1.14M▼
Amounts payable after more than one year17€2k€38k▲
Financial debts170/4€2k€38k▲
Amounts payable within one year42/48€1.85M€1.10M▼
Current portion of amounts payable after more than one year42€50k€13k▼
Financial debts43€692k€955k▲
Credit institutions430/8€668k€955k▲
Other loans439€24k€0▼
Trade debts44€1.07M€53k▼
Suppliers440/4€1.07M€53k▼
Taxes, remuneration and social security45€117€42▼
Taxes450/3€117€42▼
Other amounts payable47/48€42k€79k▲
Income statement
Code20242025
Non-recurring operating income76A-€719k
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149k€150k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€65k
Other operating charges640/8€32k€32k▲
Non-recurring operating charges66A€184€0▼
Gross operating margin9900€164k€967k▲
Operating profit (loss)9901€-17k€719k▲
Financial income75/76B€0€38▲
Recurring financial income75€0€38▲
Financial charges65/66B€50k€400k▲
Recurring financial charges65€50k€400k▲
Profit (loss) for the period before taxes9903€-68k€319k▲
Profit (loss) for the period9904€-68k€319k▲
Profit (loss) for the period to be appropriated9905€-68k€319k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-799k€-480k▲
Profit (loss) brought forward from the previous period14P€-731k€-799k▼
The notes to these accounts (14 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 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 41 days late
2025
31-12
Financial
Back to profitnet €319k
Net result €319k after 5 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 281 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 142 days late
2022
31-12
Financial
Weakest financial yearnet €-146k
Net result drops to €-146k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
2019
31-12
Financial
Equity above €1MEq €1.72M ▲727%
2 profitable years in a row build equity to €1.72M.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
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.
Directors · office · real estate
Directors
7 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, Brugge · 1 establishment unit since 1983
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.
Monnikenwerve 728000 BruggeGround area
5,441 m²
Building footprint
2,985 m²
Volume, LiDAR
16,388 m³
Parcel 31808K0339/00C000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERIMPEX
since 19832.025.344.459
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0339/00C000 | Flanders | 5,441 m² | 1 · 2,985 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,328 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,328 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 117 companies in sector 13930 we hold annual accounts for 82. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-07-1983
Fiscal year end31-12
Activities, NACEBEL
13930Manufacture of textiles
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.