VERKCON
VERKCON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €127k and a net result of €45k. Equity is growing by ~54.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 7837 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €127k |
| Net result | €45k |
| Better than sector | 75% |
| Active | 9 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 78.3% | 51.3% | |
| Net result | €45k | €33k | |
| Equity | €127k | €132k | |
| Gross operating margin | €67k | €63k | |
| Total assets | €162k | €337k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a |
| Net profit | €45k | €37k | €34k | €28k |
| Cash flow | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - |
| Income taxes | €13k | €11k | €10k | €9k |
| Dividends | - | €0 | €24k | €56k |
| Total assets | €162k | €118k | €101k | €84k |
| Equity | €127k | €82k | €45k | €35k |
| Debt | €35k | €36k | €56k | €50k |
| of which ≤ 1y | €33k | €34k | €55k | €48k |
| of which > 1y | - | - | - | - |
| Working capital | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a |
| Solvency | 78.3% | 69.3% | 44.6% | 41.3% |
| Debt / equity | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a |
| ROA | 27.8% | 31.1% | 33.9% | 33.3% |
| ROE | 35.5% | 44.8% | 76.0% | 80.8% |
| EBITDA margin | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €162k | €118k | €101k | €84k |
| Fixed assets | 21/28 | €28k | €34k | €25k | €24k |
| Formation expenses | 20 | - | - | - | €0 |
| Tangible fixed assets | 22/27 | €28k | €34k | €25k | €24k |
| Current assets | 29/58 | €134k | €84k | €76k | €60k |
| Amounts receivable within one year | 40/41 | €611 | €817 | €495 | €303 |
| Cash & bank | 54/58 | €130k | €80k | €73k | €55k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €162k | €118k | €101k | €84k |
| Equity | 10/15 | €127k | €82k | €45k | €35k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €108k | €63k | €27k | €16k |
| Accumulated profits (losses) | 14 | - | €0 | €0 | €0 |
| Amounts payable | 17/49 | €35k | €36k | €56k | €50k |
| Amounts payable within one year | 42/48 | €33k | €34k | €55k | €48k |
| Trade debts payable within one year | 44 | €666 | €808 | €1k | €734 |
| Income statement | |||||
| Gross operating margin | 9900 | €67k | €54k | €49k | €42k |
| Operating result | 9901 | €59k | €49k | €46k | €38k |
| Financial income | 75 | - | €0 | €1 | - |
| Financial charges | 65 | €2k | €2k | €1k | €930 |
| Result before taxes | 9903 | €58k | €48k | €45k | €37k |
| Income taxes | 67/77 | €13k | €11k | €10k | €9k |
| Net result for the period | 9904 | €45k | €37k | €34k | €28k |
| Result to be appropriated | 9905 | €45k | €37k | €34k | €28k |
Former directors (1)
-
Verschaete, KarlDirectorState Gazette act 23457961 (14-12-2023)Former01-01-2020 → 14-12-2023
2 events
- 14-12-2023 Resigned· Director
- 01-01-2020 Appointed· Director
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 20-07-2017 |
| Status | Active |
| Postal code | 8510 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34033C0483/00M000 | Flanders | 361 m² | 1 · 93 m² | 10.8 m · 3 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-12-2023 1 director appointed, 1 resigning
- Verschaete, Karl, Bestuurder
- Verschaete, Karl, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Verschaete, Karl",
"address": "8510 Kortrijk, Tombroekstraat 7",
"birth_date": "1969-09-03",
"profession": null,
"birth_place": "Roeselare"
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2020-01-01",
"evidence_quote": "De vergadering stelt vast dat met ingang vanaf 1 januari 2020 de hierna genoemde persoon de hoedanigheid van statutair bestuurder heeft, hiertoe aangesteld voor onbepaalde duur: de heer Verschaete, Karl, wonende te 8510 Kortrijk, Tombroekstraat 7.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Verschaete, Karl",
"address": "8510 Kortrijk, Tombroekstraat 7",
"birth_date": "1969-09-03",
"profession": null,
"birth_place": "Roeselare"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Bij ophouden van zijn functie om welke reden ook zal hij opgevolgd worden door zijn niet van tafel en bed gescheiden echtgenote als plaatsvervangend bestuurder.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Maggy Vancoppernolle",
"firm_city": null,
"firm_name": null,
"office_city": "Kortrijk",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-14",
"filing_date": "2023-12-12",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-08",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0678.764.527",
"name_full": "VERKCON",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Maggy Vancoppernolle",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"expeditie van de akte",
"geco\u00F6rdineerde tekst van de statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | VERKCON |