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VERING SHIPPING

Active
Public limited companyfounded 197848 yrs activeKrijgsbaan 372, 2070 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0418.095.239
Summary

VERING SHIPPING has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,959 and a net result of -€25,313. Equity is shrinking by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 105 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch ReportCompare
VERING SHIPPINGActiveChecked score 68/100
Risk analysis ReportCompare

Overview

Activity
Water transport
NACE 50200Logistics services NACE 52250NACE 52290
#2 oldest company in East Flanders, Water transport sector1 site
Size
€238,061total assets 2025
Staff
2.7 FTE
Equity
€46,959
Loss
-€25,313
Turnover not published (abridged schema)
Financial health
68 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Parent
STERHOEK · 99.92%
Accounts 8 d early0 of 19 deeds read
Why 68- Loss of €25,313, the second in a row (FY 2025)- 1 change of registered office in 24 months+ Founded in 1978+ Size: 2.7 FTE, total assets €238,061Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 20% of its sector peers (NACE 50, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 45-7
equity 19.7% of total assets
Liquidity 20-15
short-term debt 79.9% · cash 10.7%
Profitability 5-3
return on assets -10.6%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (261 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%▲ +2.1% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +24.5% vs 03-2025 05-2025: 0.2%▲ +146% vs 04-2025 06-2025: 0.2%● 0.0% vs 05-2025 07-2025: 0.3%▲ +99.3% vs 06-2025 08-2025: 0.3%● 0.0% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%▲ +1.7% vs 12-2025 02-2026: 0.3%▲ +1.6% vs 01-2026 03-2026: 0.3%▼ -1.0% vs 02-2026 04-2026: 0.3%▲ +2.9% vs 03-2026 05-2026: 0.7%▲ +108% vs 04-2026highest value 06-2026: 0.7%● 0.0% vs 05-2026highest value 07-2026: 0.7%● 0.0% vs 06-2026highest value 08-2026: 0.7%● 0.0% vs 07-2026highest value 09-2026: 0.6%▼ -1.2% vs 08-2026 10-2026: 0.6%● 0.0% vs 09-2026
  • Loss of €25,313, the second in a row (FY 2025) raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Founded in 1978 lowers the probability for this profile
  • Size: 2.7 FTE, total assets €238,061 lowers the probability for this profile
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.32 in 2024; short-term debt: 79.9% and cash: 10.7% of total assets), and 80.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 50, micro). Better than this share of them on solvency 34%, liquidity 18%, profitability 16%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €25,313, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Founded in 1978
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: 2.7 FTE, total assets €238,061
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€25,313
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-04-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
21 d early
2023
18 d early
2022
9 d early
2021
10 d early
2020
11 d early
2019
8 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 12 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 20 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close06-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€25,313
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Oldest company in East Flanders, Water transport sectorin the Checked rankings #2 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by STERHOEKultimately: H2O Invest 99.92% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€25,313 View
  • Active since 1978founded 28-02-1978 48 years View

By topic

Financials

Fiscal year
2025
Total assets
€238,061
Loss
-€25,313
Solvency
19.7%
Total assets▼ 12.1%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 30-04-2027
  1. 22-04-2026Annual accounts filed
  2. 30-09-2025Weakest financial year
  3. 09-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Water transportNACE 50200
Founded
28-02-1978
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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 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?Subsidies Which other companies belong to the same group?H2O Invest · 12 companies

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