Skip to content

VERITAS

Judicial reorganisation
Public limited companyfounded 2002active for 24 yearsDe Villermontstraat 9, 2550 Kontich, Belgium15 active companies are registered at this addressKBO/BCE: BE 0476.588.912
Summary

The file of VERITAS contains 1 judicial reorganisation, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2026 annual accounts show equity of €9.3m and a net result of €3.1m. Equity is growing by about 6.5% per year across the filed financial years. Its solvency ranks better than 44% of 296 sector peers (NACE 47, financial year 2026).

Risk analysisFollow ReportCompare
VERITASJudicial reorganisationChecked score 24/100
Risk analysis ReportCompare

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Antwerp
Opened
9 October 2019
Track
Reorganisation by amicable settlement
Docket number
20190044
Moratorium until
20 November 2019 (passed; an extension would be in a later judgment)
Delegated judge
Marcel Von Den Busch
Official Gazette
14-10-2019 (pdf) ↗search the document for 2019/151664

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this reorganisation? Embed the VERITAS company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Overview

Activity
Retail trade
NACE 47715Retail trade NACE 47513
3rd largest employer in Kontich, Wholesale and retail trade sector112 sites
Size
€88.9mturnover 2026
Staff
102.2 FTE
Equity
€9.3m
Profit
€3.1m
Financial health
24 Critical Checked score 2026
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Parent
VERIAC · 99.99%
Holdings
2
Auditor: BDO Bedrijfsrevisoren bvAccounts 95 days early2 of 37 deeds read
Signalsraises riskIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2026
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Average
Solvency 56-11
equity 31.2% of total assets
Liquidity 25-8
short-term debt 68.8% · cash 9.2%
Profitability 69+9
return on assets 10.6%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity tight (current ratio 1.19, compared with 1.34 in 2025, below the usual 1.5; short-term debt: 68.8% and cash: 9.2% of total assets), and 68.8% of the assets are financed with debt and provisions.

Signals

Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 28-05-2026, 95 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
95 days early
2025
66 days early
2024
80 days early
2023
111 days early
2022
105 days early
2021
159 days early
2020
151 days 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 110 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 28 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Marlies Polfliet, Corneel…
  2. Annual accounts filedfinancial year 2026 · full…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Risk: In judicial reorganisationtrustee not known 09-10-2019 View
  • Positive: Result rose in 2026from €717,637 to €3.1m ▲ 339% View
  • Positive: Among the best 5% on net resultsector median €78,149 · 293 companies €3.1m View
  • Controlled by VERIACultimately: VeriSmart 99.99% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2026: €3.1m 7 years View

By topic

Financials

Financial year
2026
Turnover
€88.9m
Profit
€3.1m
Solvency
31.2%
Turnover▼ 0.3%
Net result
20192026
Go to Financials

Timeline

Events
32
Since
2002
Next accounts
by 31-08-2027
  1. 31-01-2025Resignations: VGM INVEST BV, Tradespot NV and…
  2. 12-06-2024Annual accounts filed
  3. 12-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
112
Legal form
Public limited company
Activity
Retail tradeNACE 47715
Founded
11-01-2002
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

What should you check before you do business with this company?Supplier due diligence What were this company's board, registered office and name on a given date?Company as of a date How is this company connected to another party?Network investigator Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the retail trade sector doing?Sector figures

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure