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VERIWARE

Active
Private limited companyfounded 20169 yrs activeMenensesteenweg 260F, 8940 Wervik, BelgiumKBO/BCE: BE 0666.752.165
Summary

VERIWARE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,571 and a net result of €662. Its solvency ranks better than 36% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes
Profitability70
Solvency48
Growth-
Track record85
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.24; short-term debt: 76.7% and cash: 3.8% of total assets), and 76.7% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filing
Deviation from the deadline
2025
27 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 29 November 2016, VERIWARE was incorporated.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€14,571
Total assets
€62,445
Net result
€662
Working capital
€11,530

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €62,445
Fixed assets €3,040
Current assets €59,404
Equity and liabilities €62,445
Equity €14,571
Debt €47,874
Debt finances 76.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€5,106
Cash flow
€2,760
Current ratio
1.24
Quick ratio
1.23
Debt to equity
3.29
ROE
4.5%
ROA
1.1%
Interest coverage
8.74
Debt ≤ 1 year
€47,874
Income taxes
€2,343

Peer companies

Historical observation

Of the 3,270 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.1% went bankrupt
2.5% stopped otherwise
95% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 3,270 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 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€62,445
Fixed assets21/28€3,040
Tangible fixed assets22/27€3,040
Land and buildings22€2,354
Plant, machinery and equipment23€184
Furniture and vehicles24€503
Current assets29/58€59,404
Amounts receivable after more than one year29€5,700
Trade receivables290€5,700
Stocks and contracts in progress3€448
Stocks30/36€448
Amounts receivable within one year40/41€50,861
Trade receivables40€39,659
Other amounts receivable41€11,202
Cash at bank and in hand54/58€2,396
Equity and liabilities
Total equity and liabilities10/49€62,445
Equity10/15€14,571
Contributions10/11€5,000
Reserves13€9,571
Non-distributable reserves130/1€500
Reserves not available under the articles1311€500
Distributable reserves133€9,071
Amounts payable17/49€47,874
Amounts payable within one year42/48€47,874
Financial debts43€10,000
Other loans439€10,000
Trade debts44€24,220
Suppliers440/4€24,220
Taxes, remuneration and social security45€13,653
Taxes450/3€13,653
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,098
Other operating charges640/8€1,613
Gross operating margin9900€6,719
Operating profit (loss)9901€3,008
Financial income75/76B€581
Recurring financial income75€581
Financial charges65/66B€584
Recurring financial charges65€584
Profit (loss) for the period before taxes9903€3,005
Income taxes67/77€2,343
Profit (loss) for the period9904€662
Profit (loss) for the period to be appropriated9905€662
Appropriation of the result
Profit (loss) to be appropriated9906€662
Transfer to equity691/2€662
To other reserves6921€662

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,098
Other operating charges640/8€1,613
Gross operating margin9900€6,719
Operating profit (loss)9901€3,008
Financial income75/76B€581
Recurring financial income75€581
Financial charges65/66B€584
Recurring financial charges65€584
Profit (loss) for the period before taxes9903€3,005
Income taxes67/77€2,343
Profit (loss) for the period9904€662
Profit (loss) for the period to be appropriated9905€662
Line2025
Assets
Total assets20/58€62,445
Fixed assets21/28€3,040
Tangible fixed assets22/27€3,040
Land and buildings22€2,354
Plant, machinery and equipment23€184
Furniture and vehicles24€503
Current assets29/58€59,404
Amounts receivable after more than one year29€5,700
Trade receivables290€5,700
Stocks and contracts in progress3€448
Stocks30/36€448
Amounts receivable within one year40/41€50,861
Trade receivables40€39,659
Other amounts receivable41€11,202
Cash at bank and in hand54/58€2,396
Equity and liabilities
Total equity and liabilities10/49€62,445
Equity10/15€14,571
Contributions10/11€5,000
Reserves13€9,571
Non-distributable reserves130/1€500
Reserves not available under the articles1311€500
Distributable reserves133€9,071
Amounts payable17/49€47,874
Amounts payable within one year42/48€47,874
Financial debts43€10,000
Other loans439€10,000
Trade debts44€24,220
Suppliers440/4€24,220
Taxes, remuneration and social security45€13,653
Taxes450/3€13,653
Line2025
Profit (loss) for the period9904€662
+ Depreciation and write-downs630€2,098
Operating cash flow (approximation)€2,760

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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Timeline · acts, filings and financial milestones

2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Wervik · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
8,286 m²
Building footprint
196 m²
Volume, LiDAR
1,540 m³
2 parcels, Flanders, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
L09
Rue René Delrue(BL) 11, 7522 TournaiAgents in the wholesale of textiles, clothing, fur, footwear and leather goods
since 20162.259.186.220
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
33029B0909/00B000 Flanders 7,372 m² 1 · 110 m² 6.8 m · 2 fl.
57008D0310/00L000 Wallonia 913 m² 1 · 86 m² 12.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,119 companies in sector 46500 we hold annual accounts for 1,403. 539 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
Founded29-11-2016
Fiscal year end31-12
Abbreviation FR L09
Trade name FR L09
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0666752165
Also 9925:BE0666752165
Registered 30-01-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.