VERIT
ActiveSummary
VERIT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €366,514 and a net result of €22,368. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 26% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-19
Solvency60▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.97 in 2023; short-term debt: 60.4% and cash: 4.4% of total assets), and 64.7% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
48 d late
2022
84 d late
2021
65 d late
2020
10 d late
2019
87 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 59 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#10 company by equity in Destelbergen, Telecoms and IT sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€366,514▲ 0.1%
2023 · €366,146
Total assets
€1.0m▲ 20.1%
2023 · €863,970
Net result
€22,368▼ 85.1%
2023 · €150,044
Working capital
-€15,639▼ 30.2%
2023 · -€12,011
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
Line20202021202220232024
Operating result€95,786▲ 3.8%€193,980▲ 103%€193,624▼ 0.2%€177,312▼ 8.4%€124,416▼ 29.8%
Net result€83,134within the sector's middle half▼ 4.6%€127,122above the sector's middle half▲ 52.9%€181,235above the sector's middle half▲ 42.6%€150,044above the sector's middle half▼ 17.2%€22,368within the sector's middle half▼ 85.1%
Equity€201,546within the sector's middle half▲ 70.2%€328,667above the sector's middle half▲ 63.1%€516,102above the sector's middle half▲ 57.0%€366,146above the sector's middle half▼ 29.1%€366,514above the sector's middle half▲ 0.1%
Total assets€309,081within the sector's middle half▲ 34.5%€633,804above the sector's middle half▲ 105%€797,706above the sector's middle half▲ 25.9%€863,970above the sector's middle half▲ 8.3%€1.0mabove the sector's middle half▲ 20.1%
Debt€107,535▼ 3.5%€305,137▲ 184%€281,604▼ 7.7%€497,824▲ 76.8%€670,789▲ 34.7%
Working capital€188,047within the sector's middle half▲ 91.2%€11,730below the sector's middle half▼ 93.8%€146,997above the sector's middle half▲ 1,153%-€12,011below the sector's middle half-€15,639below the sector's middle half▼ 30.2%
Solvency65.2%within the sector's middle half▲ 13.7pp51.9%within the sector's middle half▼ 13.4pp64.7%within the sector's middle half▲ 12.8pp42.4%within the sector's middle half▼ 22.3pp35.3%within the sector's middle half▼ 7.0pp
Current ratio2.86within the sector's middle half▲ 0.931.08below the sector's middle half▼ 1.791.87within the sector's middle half▲ 0.790.97below the sector's middle half▼ 0.900.98below the sector's middle half=
Return on assets (ROA)26.9%above the sector's middle half▼ 11.0pp20.1%within the sector's middle half▼ 6.8pp22.7%within the sector's middle half▲ 2.7pp17.4%within the sector's middle half▼ 5.4pp2.2%below the sector's middle half▼ 15.2pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€426,618 ▼ 4.8%
Current assets
€610,685 ▲ 46.9%
Equity and liabilities €1.0m
Equity
€366,514 ▲ 0.1%
Debt
€670,789 ▲ 34.7%
Debt's share of the balance-sheet total rises from 57.6% to 64.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€160,618▼
2023 · €213,167
Cash flow
€58,570▼
2023 · €185,899
Debt to equity
1.83▲
2023 · 1.36
ROE
6.1%▼
2023 · 41.0%
Interest coverage
6.36▼
2023 · 50.85
Debt ≤ 1 year
€626,324▲
2023 · €427,834
Debt > 1 year
€20,470▼
2023 · €60,818
Income taxes
€94,792▲
2023 · €23,077
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,640 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
3.6%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 1,640 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €38,900 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,917 | €15,979 | €41,937 | €35,855 | €36,202 | ▲ 1.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €4,144 | €124 | -€3,451 | -€258 | ▲ 92.5% |
| Other operating charges640/8 | - | €1,476 | €4,274 | €3,684 | €4,059 | ▲ 10.2% |
| Non-recurring operating charges66A | - | €49,648 | - | - | - | - |
| Gross operating margin9900 | €105,607 | €265,227 | €239,958 | €213,399 | €164,419 | ▼ 23.0% |
| Operating profit (loss)9901 | €95,786 | €193,980 | €193,624 | €177,312 | €124,416 | ▼ 29.8% |
| Financial income75/76B | - | €1 | - | - | €17,993 | - |
| Recurring financial income75 | €0 | €1 | - | - | €17,993 | - |
| Financial charges65/66B | - | €2,432 | €2,942 | €4,192 | €25,248 | ▲ 502% |
| Recurring financial charges65 | €563 | €2,432 | €2,942 | €4,192 | €25,248 | ▲ 502% |
| Profit (loss) for the period before taxes9903 | €95,223 | €191,549 | €190,682 | €173,121 | €117,161 | ▼ 32.3% |
| Income taxes67/77 | €12,089 | €64,427 | €9,447 | €23,077 | €94,792 | ▲ 311% |
| Profit (loss) for the period9904 | €83,134 | €127,122 | €181,235 | €150,044 | €22,368 | ▼ 85.1% |
| Profit (loss) for the period to be appropriated9905 | €83,134 | €127,122 | €181,235 | €150,044 | €22,368 | ▼ 85.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €309,081 | €633,804 | €797,706 | €863,970 | €1.0m | ▲ 20.1% |
| Fixed assets21/28 | €20,154 | €468,936 | €481,763 | €448,147 | €426,618 | ▼ 4.8% |
| Tangible fixed assets22/27 | €20,154 | €468,936 | €481,763 | €448,147 | €426,618 | ▼ 4.8% |
| Land and buildings22 | - | €456,431 | €474,933 | €440,677 | €420,933 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | €1,768 | €5,009 | €3,733 | €2,457 | ▼ 34.2% |
| Furniture and vehicles24 | - | €8,857 | - | €1,977 | €1,529 | ▼ 22.6% |
| Other tangible fixed assets26 | - | €1,880 | €1,820 | €1,759 | €1,699 | ▼ 3.4% |
| Current assets29/58 | €288,927 | €164,868 | €315,943 | €415,823 | €610,685 | ▲ 46.9% |
| Amounts receivable within one year40/41 | €50,516 | €27,641 | €45,148 | €33,585 | €54,819 | ▲ 63.2% |
| Trade receivables40 | - | €20,691 | €37,934 | - | €21,496 | - |
| Other amounts receivable41 | - | €6,950 | €7,215 | €33,585 | €33,323 | ▼ 0.8% |
| Current investments50/53 | - | - | - | €300,000 | €500,000 | ▲ 66.7% |
| Cash at bank and in hand54/58 | €238,411 | €137,227 | €270,794 | €82,238 | €46,075 | ▼ 44.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €9,791 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €309,081 | €633,804 | €797,706 | €863,970 | €1.0m | ▲ 20.1% |
| Equity10/15 | €201,546 | €328,667 | €516,102 | €366,146 | €366,514 | ▲ 0.1% |
| Contributions10/11 | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €189,146 | €316,267 | €497,502 | €347,546 | €347,914 | ▲ 0.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €314,407 | €495,642 | €345,686 | €346,054 | ▲ 0.1% |
| Amounts payable17/49 | €107,535 | €305,137 | €281,604 | €497,824 | €670,789 | ▲ 34.7% |
| Amounts payable after more than one year17 | - | €140,814 | €100,971 | €60,818 | €20,470 | ▼ 66.3% |
| Financial debts170/4 | - | €140,814 | €100,971 | €60,818 | €20,470 | ▼ 66.3% |
| Amounts payable within one year42/48 | €100,880 | €153,138 | €168,946 | €427,834 | €626,324 | ▲ 46.4% |
| Current portion of amounts payable after more than one year42 | - | €39,534 | €39,843 | €40,153 | €40,466 | ▲ 0.8% |
| Trade debts44 | €74,623 | €67,956 | €75,567 | €10,403 | €14,037 | ▲ 34.9% |
| Suppliers440/4 | - | €67,956 | €75,567 | €10,403 | €14,037 | ▲ 34.9% |
| Taxes, remuneration and social security45 | - | €10,739 | €9,824 | €14,599 | €15,378 | ▲ 5.3% |
| Taxes450/3 | - | €10,739 | €9,824 | €14,599 | €15,378 | ▲ 5.3% |
| Other amounts payable47/48 | - | €34,909 | €43,713 | €362,678 | €556,443 | ▲ 53.4% |
| Accrued charges and deferred income492/3 | - | €11,185 | €11,687 | €9,173 | €23,996 | ▲ 162% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,134 | €127,122 | €181,235 | €150,044 | €22,368 | ▼ 85.1% |
| + Depreciation and write-downs630 | €8,917 | €15,979 | €41,937 | €35,855 | €36,202 | ▲ 1.0% |
| Operating cash flow (approximation) | €92,051 | €143,101 | €223,171 | €185,899 | €58,570 | ▼ 68.5% |
| Investment in fixed assets (approximation) | - | -€464,762 | -€54,763 | -€2,239 | -€14,673 | ▼ 555% |
| Change in cash | - | -€101,184 | €133,568 | -€188,556 | -€36,163 | ▲ 80.8% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2022
31-12
Financial
Highest result since 2018net €181,235 ▲42.6%
Net result €181,235, the highest in the series.
31-12
Financial
Equity above €500,000Eq €516,102 ▲57%
5 profitable years in a row build equity to €516,102.
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 65 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
31-12
Financial
Equity above €200,000Eq €201,546 ▲70.2%
3 profitable years in a row build equity to €201,546.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 87 days late
2019
31-12
Financial
Equity above €100,000Eq €118,412 ▲279%
2 profitable years in a row build equity to €118,412.
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Destelbergen · 1 establishment unit since 2018
Ground area
3,631 m²
Building footprint
175 m²
Volume, LiDAR
983 m³
Parcel 44028D0468/00B000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERIT
since 20182.276.599.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028D0468/00B000 | Flanders | 3,631 m² | 1 · 175 m² | 8.3 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.
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 13,130 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0696612824
Also
9925:BE0696612824
Registered
19-12-2025
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.