VERLAB
ActiveSummary
The computed 12-month bankruptcy probability of VERLAB is 2.0% (moderate). The 2025 annual accounts show equity of €7k and a net result of €108k. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 7838 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency28▲+28
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.7%
Return on assets
43.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
57 d late
2023
31 d late
2022
32 d late
2021
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€7k
2024 · €-101k
2021: €-12k
2022: €-5k▲ +57.3% vs 2021
2023: €37k▲ +813% vs 2022highest in 5 years
2024: €-101k▼ -377% vs 2023lowest in 5 years
2025: €7k▲ +107% vs 2024
2021 → 2025
Total assets
€246k▲ 95.2%
2024 · €126k
2021: €255k
2022: €300k▲ +17.3% vs 2021
2023: €302k▲ +0.9% vs 2022highest in 5 years
2024: €126k▼ -58.4% vs 2023lowest in 5 years
2025: €246k▲ +95.2% vs 2024
2021 → 2025
Net result
€108k
2024 · €-138k
2021: €-15k
2022: €7k▲ +146% vs 2021
2023: €42k▲ +506% vs 2022
2024: €-138k▼ -430% vs 2023lowest in 5 years
2025: €108k▲ +178% vs 2024highest in 5 years
2021 → 2025
Working capital
€33k
2024 · €-67k
2021: €9k
2022: €13k▲ +36.2% vs 2021
2023: €75k▲ +487% vs 2022highest in 5 years
2024: €-67k▼ -190% vs 2023lowest in 5 years
2025: €33k▲ +148% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€-5k▲ 57.3%€37k€-101k€7k
2021: €-12k
2022: €-5k▲ +57.3% vs 2021
2023: €37k▲ +813% vs 2022highest in 5 years
2024: €-101k▼ -377% vs 2023lowest in 5 years
2025: €7k▲ +107% vs 2024
Operating result€-13k-€10k€60k▲ 482%€-126k€113k
2021: €-13k
2022: €10k▲ +182% vs 2021
2023: €60k▲ +482% vs 2022
2024: €-126k▼ -308% vs 2023lowest in 5 years
2025: €113k▲ +190% vs 2024highest in 5 years
Net result€-15k-€7k€42k▲ 506%€-138k€108k
2021: €-15k
2022: €7k▲ +146% vs 2021
2023: €42k▲ +506% vs 2022
2024: €-138k▼ -430% vs 2023lowest in 5 years
2025: €108k▲ +178% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €113k after a loss of €126k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €246k
Fixed assets
€12k ▼ 20.3%
Current assets
€234k ▲ 111%
Equity and liabilities €246k
Equity
€7k
Debt
€239k
Debt finances 97.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€116k▲
2024 · €-123k
Cash flow
€111k▲
2024 · €-134k
Current ratio
1.16▲
2024 · 0.62
Quick ratio
0.38▲
2024 · 0.30
Debt to equity
36.36▲
2024 · -2.25
ROA
43.8%▲
2024 · -109.2%
Interest coverage
21.62▲
2024 · -10.43
Debt ≤ 1 year
€201k▲
2024 · €178k
Debt > 1 year
€24k▼
2024 · €39k
Income taxes
€358▲
2024 · €276
Staff costs
€18k▲
2024 · €-5k
A ratio outside any meaningful range has been withheld (balance sheet total €246k, equity €7k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€126k€246k▲
Fixed assets21/28€15k€12k▼
Tangible fixed assets22/27€13k€10k▼
Plant, machinery and equipment23€206€29▼
Furniture and vehicles24€1k€244▼
Other tangible fixed assets26€12k€10k▼
Financial fixed assets28€2k€2k=
Current assets29/58€111k€234k▲
Stocks and contracts in progress3€58k€158k▲
Stocks30/36€58k€158k▲
Amounts receivable within one year40/41€45k€68k▲
Trade receivables40€44k€67k▲
Other amounts receivable41€826€1k▲
Cash at bank and in hand54/58€8k€8k=
Deferred charges and accrued income490/1€216-
Equity and liabilities
Total equity and liabilities10/49€126k€246k▲
Equity10/15€-101k€7k▲
Contributions10/11€3k€3k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€-138k€-30k▲
Amounts payable17/49€227k€239k▲
Amounts payable after more than one year17€39k€24k▼
Financial debts170/4€39k€24k▼
Amounts payable within one year42/48€178k€201k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€38k€40k▲
Credit institutions430/8€38k€40k▲
Trade debts44€47k€42k▼
Suppliers440/4€47k€42k▼
Taxes, remuneration and social security45€22k€12k▼
Taxes450/3€22k€8k▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€61k€97k▲
Accrued charges and deferred income492/3€10k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€-5k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€5k€3k▼
Gross operating margin9900€-122k€137k▲
Operating profit (loss)9901€-126k€113k▲
Financial income75/76B€165-
Recurring financial income75€165-
Financial charges65/66B€12k€5k▼
Recurring financial charges65€12k€5k▼
Profit (loss) for the period before taxes9903€-137k€108k▲
Income taxes67/77€276€358▲
Profit (loss) for the period9904€-138k€108k▲
Profit (loss) for the period to be appropriated9905€-138k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-30k▲
Profit (loss) brought forward from the previous period14P€34k€-138k▼
Transfer to equity691/2€34k-
To other reserves6921€34k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €59k | €54k | €35k | €-5k | €18k | ▲ 500% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €11k | €9k | €3k | €3k | ▼ 2.0% |
| Other operating charges640/8 | €4k | €2k | €2k | €5k | €3k | ▼ 47.2% |
| Gross operating margin9900 | €64k | €77k | €106k | €-122k | €137k | ▲ 213% |
| Operating profit (loss)9901 | €-13k | €10k | €60k | €-126k | €113k | ▲ 190% |
| Financial income75/76B | €2k | €4k | €3k | €165 | - | - |
| Recurring financial income75 | €2k | €4k | €3k | €165 | - | - |
| Financial charges65/66B | €4k | €7k | €6k | €12k | €5k | ▼ 54.2% |
| Recurring financial charges65 | €4k | €7k | €6k | €12k | €5k | ▼ 54.2% |
| Profit (loss) for the period before taxes9903 | €-15k | €7k | €58k | €-137k | €108k | ▲ 179% |
| Income taxes67/77 | €426 | €372 | €16k | €276 | €358 | ▲ 29.9% |
| Profit (loss) for the period9904 | €-15k | €7k | €42k | €-138k | €108k | ▲ 178% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €7k | €42k | €-138k | €108k | ▲ 178% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €255k | €300k | €302k | €126k | €246k | ▲ 95.2% |
| Fixed assets21/28 | €37k | €27k | €18k | €15k | €12k | ▼ 20.3% |
| Tangible fixed assets22/27 | €35k | €25k | €16k | €13k | €10k | ▼ 22.6% |
| Plant, machinery and equipment23 | €5k | €2k | €383 | €206 | €29 | ▼ 86.0% |
| Furniture and vehicles24 | €14k | €7k | €2k | €1k | €244 | ▼ 77.7% |
| Other tangible fixed assets26 | €17k | €16k | €14k | €12k | €10k | ▼ 16.5% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €219k | €272k | €284k | €111k | €234k | ▲ 111% |
| Stocks and contracts in progress3 | €135k | €187k | €192k | €58k | €158k | ▲ 171% |
| Stocks30/36 | €135k | €187k | €192k | €58k | €158k | ▲ 171% |
| Amounts receivable within one year40/41 | €79k | €67k | €46k | €45k | €68k | ▲ 51.9% |
| Trade receivables40 | €76k | €66k | €46k | €44k | €67k | ▲ 51.5% |
| Other amounts receivable41 | €3k | €569 | €696 | €826 | €1k | ▲ 72.0% |
| Cash at bank and in hand54/58 | €3k | €6k | €8k | €8k | €8k | = |
| Deferred charges and accrued income490/1 | €2k | €13k | €38k | €216 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €255k | €300k | €302k | €126k | €246k | ▲ 95.2% |
| Equity10/15 | €-12k | €-5k | €37k | €-101k | €7k | ▲ 107% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | - | - | - | €34k | €34k | = |
| Distributable reserves133 | - | - | - | €34k | €34k | = |
| Profit (loss) carried forward14 | €-15k | €-8k | €34k | €-138k | €-30k | ▲ 78.2% |
| Amounts payable17/49 | €267k | €305k | €266k | €227k | €239k | ▲ 5.4% |
| Amounts payable after more than one year17 | €58k | €44k | €54k | €39k | €24k | ▼ 37.8% |
| Financial debts170/4 | €58k | €44k | €54k | €39k | €24k | ▼ 37.8% |
| Amounts payable within one year42/48 | €209k | €260k | €209k | €178k | €201k | ▲ 12.9% |
| Current portion of amounts payable after more than one year42 | €14k | €14k | €10k | €10k | €10k | ▲ 1.7% |
| Financial debts43 | €28k | €15k | €34k | €38k | €40k | ▲ 4.8% |
| Credit institutions430/8 | €28k | €15k | €34k | €38k | €40k | ▲ 4.8% |
| Trade debts44 | €126k | €175k | €95k | €47k | €42k | ▼ 10.1% |
| Suppliers440/4 | €126k | €175k | €95k | €47k | €42k | ▼ 10.1% |
| Taxes, remuneration and social security45 | €8k | €28k | €45k | €22k | €12k | ▼ 44.6% |
| Taxes450/3 | €426 | €16k | €41k | €22k | €8k | ▼ 63.0% |
| Remuneration and social security454/9 | €7k | €12k | €4k | - | €4k | - |
| Other amounts payable47/48 | €34k | €28k | €25k | €61k | €97k | ▲ 58.0% |
| Accrued charges and deferred income492/3 | - | €890 | €3k | €10k | €14k | ▲ 38.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €7k | €42k | €-138k | €108k | ▲ 178% |
| + Depreciation and write-downs630 | €13k | €11k | €9k | €3k | €3k | ▼ 2.0% |
| Operating cash flow (approximation) | €-2k | €18k | €51k | €-134k | €111k | ▲ 182% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €278 | €0 | ▼ 100% |
| Change in cash | - | €3k | €2k | €0 | €0 | - |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €108k
Net result €108k after one loss-making year.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €-138k
Net result drops to €-138k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Kasterlee · 1 establishment unit since 2020
Ground area
4,044 m²
Building footprint
1,443 m²
Volume, LiDAR
6,044 m³
2 parcels, Flanders · tallest building 15.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BROTEC
since 20202.306.574.678
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018C0171/00S000 | Flanders | 2,972 m² | 1 · 1,292 m² | 7.6 m · 1 fl. |
| 13018D0223/00P036 | Flanders | 1,072 m² | 1 · 151 m² | 15.9 m |
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.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 4,397 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
Founded27-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.