VERLANDO
ActiveSummary
VERLANDO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €-8k. Equity is shrinking by ~5.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+1
Solvency32▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.97 in 2024; short-term debt: 64.1% and cash: 7.8% of total assets), and 92.9% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-01-2026, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
on the day
2023
28 d early
2022
2 d early
2021
4 d late
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k▼ 10.8%
2024 · €77k
2018: €615khighest in 8 years
2019: €611k▼ -0.7% vs 2018
2020: €607k▼ -0.6% vs 2019
2021: €559k▼ -7.9% vs 2020
2022: €535k▼ -4.3% vs 2021
2023: €519k▼ -2.9% vs 2022
2024: €77k▼ -85.1% vs 2023
2025: €69k▼ -10.8% vs 2024lowest in 8 years
2018 → 2025
Total assets
€964k▼ 4.0%
2024 · €1.00M
2018: €1.06Mhighest in 8 years
2019: €1.04M▼ -1.9% vs 2018
2020: €1.03M▼ -0.8% vs 2019
2021: €1.03M● +0.0% vs 2020
2022: €1.01M▼ -2.2% vs 2021
2023: €986k▼ -2.1% vs 2022
2024: €1.00M▲ +1.8% vs 2023
2025: €964k▼ -4.0% vs 2024lowest in 8 years
2018 → 2025
Net result
€-8k▲ 18.0%
2024 · €-10k
2018: €6khighest in 8 years
2019: €-4k▼ -171% vs 2018
2020: €-4k▲ +3.9% vs 2019
2021: €-396▲ +90.0% vs 2020
2022: €-24k▼ -5915% vs 2021lowest in 8 years
2023: €-15k▲ +35.0% vs 2022
2024: €-10k▲ +34.4% vs 2023
2025: €-8k▲ +18.0% vs 2024
2018 → 2025
Working capital
€-15k▲ 23.9%
2024 · €-20k
2018: €903khighest in 8 years
2019: €886k▼ -1.9% vs 2018
2020: €882k▼ -0.4% vs 2019
2021: €834k▼ -5.4% vs 2020
2022: €556k▼ -33.3% vs 2021
2023: €411k▼ -26.0% vs 2022
2024: €-20k▼ -105% vs 2023lowest in 8 years
2025: €-15k▲ +23.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€559k-€535k▼ 4.3%€519k▼ 2.9%€77k▼ 85.1%€69k▼ 10.8%
2021: €559khighest in 5 years
2022: €535k▼ -4.3% vs 2021
2023: €519k▼ -2.9% vs 2022
2024: €77k▼ -85.1% vs 2023
2025: €69k▼ -10.8% vs 2024lowest in 5 years
Operating result€192-€-24k€-15k▲ 37.3%€-10k▲ 34.5%€-8k▲ 19.3%
2021: €192highest in 5 years
2022: €-24k▼ -12758% vs 2021lowest in 5 years
2023: €-15k▲ +37.3% vs 2022
2024: €-10k▲ +34.5% vs 2023
2025: €-8k▲ +19.3% vs 2024
Net result€-396-€-24k▼ 5,915%€-15k▲ 35.0%€-10k▲ 34.4%€-8k▲ 18.0%
2021: €-396highest in 5 years
2022: €-24k▼ -5915% vs 2021lowest in 5 years
2023: €-15k▲ +35.0% vs 2022
2024: €-10k▲ +34.4% vs 2023
2025: €-8k▲ +18.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €10k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €964k
Fixed assets
€361k ▼ 3.0%
Current assets
€603k ▼ 4.5%
Equity and liabilities €964k
Equity
€69k ▼ 10.8%
Debt
€895k ▼ 3.4%
Debt's share of the balance-sheet total rises from 92.3% to 92.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▲
2024 · €1k
Cash flow
€3k▲
2024 · €1k
Current ratio
0.98▲
2024 · 0.97
Quick ratio
0.12▼
2024 · 0.25
Debt to equity
12.99▲
2024 · 12.00
ROE
-12.1%▲
2024 · -13.2%
ROA
-0.9%▲
2024 · -1.0%
Interest coverage
11.72▲
2024 · 7.00
Debt ≤ 1 year
€618k▼
2024 · €652k
Debt > 1 year
€275k=
2024 · €275k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.00M€964k▼
Fixed assets21/28€372k€361k▼
Tangible fixed assets22/27€372k€361k▼
Land and buildings22€372k€361k▼
Current assets29/58€632k€603k▼
Stocks and contracts in progress3€468k€528k▲
Stocks30/36€468k€528k▲
Amounts receivable within one year40/41-€3
Trade receivables40-€3
Cash at bank and in hand54/58€163k€75k▼
Deferred charges and accrued income490/1€674€389▼
Equity and liabilities
Total equity and liabilities10/49€1.00M€964k▼
Equity10/15€77k€69k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€51k€51k=
Non-distributable reserves130/1€51k€51k=
Legal reserve130€51k€51k=
Profit (loss) carried forward14€-48k€-57k▼
Amounts payable17/49€927k€895k▼
Amounts payable after more than one year17€275k€275k=
Financial debts170/4€275k€275k=
Amounts payable within one year42/48€652k€618k▼
Trade debts44€28k€1k▼
Suppliers440/4€28k€1k▼
Other amounts payable47/48€623k€617k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€3k€3k▲
Gross operating margin9900€5k€7k▲
Operating profit (loss)9901€-10k€-8k▲
Financial charges65/66B€185€275▲
Recurring financial charges65€185€275▲
Profit (loss) for the period before taxes9903€-10k€-8k▲
Profit (loss) for the period9904€-10k€-8k▲
Profit (loss) for the period to be appropriated9905€-10k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-57k▼
Profit (loss) brought forward from the previous period14P€-38k€-48k▼
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €5k | €11k | €11k | €11k | = |
| Other operating charges640/8 | €6k | €19k | €3k | €3k | €3k | ▲ 0.3% |
| Gross operating margin9900 | €6k | €-915 | €-2k | €5k | €7k | ▲ 41.7% |
| Operating profit (loss)9901 | €192 | €-24k | €-15k | €-10k | €-8k | ▲ 19.3% |
| Financial income75/76B | - | €416 | €0 | - | - | - |
| Recurring financial income75 | - | €416 | €0 | - | - | - |
| Financial charges65/66B | €588 | €-37 | €280 | €185 | €275 | ▲ 48.3% |
| Recurring financial charges65 | €588 | €-37 | €280 | €185 | €275 | ▲ 48.3% |
| Profit (loss) for the period before taxes9903 | €-396 | €-24k | €-15k | €-10k | €-8k | ▲ 18.0% |
| Profit (loss) for the period9904 | €-396 | €-24k | €-15k | €-10k | €-8k | ▲ 18.0% |
| Profit (loss) for the period to be appropriated9905 | €-396 | €-24k | €-15k | €-10k | €-8k | ▲ 18.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.03M | €1.01M | €986k | €1.00M | €964k | ▼ 4.0% |
| Fixed assets21/28 | - | €254k | €383k | €372k | €361k | ▼ 3.0% |
| Tangible fixed assets22/27 | - | €254k | €383k | €372k | €361k | ▼ 3.0% |
| Land and buildings22 | - | €254k | €383k | €372k | €361k | ▼ 3.0% |
| Current assets29/58 | €1.03M | €753k | €603k | €632k | €603k | ▼ 4.5% |
| Stocks and contracts in progress3 | €521k | €507k | €404k | €468k | €528k | ▲ 12.8% |
| Stocks30/36 | €521k | €507k | €404k | €468k | €528k | ▲ 12.8% |
| Amounts receivable within one year40/41 | - | - | - | - | €3 | - |
| Trade receivables40 | - | - | - | - | €3 | - |
| Cash at bank and in hand54/58 | €508k | €246k | €199k | €163k | €75k | ▼ 54.2% |
| Deferred charges and accrued income490/1 | €733 | €272 | €348 | €674 | €389 | ▼ 42.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.03M | €1.01M | €986k | €1.00M | €964k | ▼ 4.0% |
| Equity10/15 | €559k | €535k | €519k | €77k | €69k | ▼ 10.8% |
| Contributions10/11 | €507k | €507k | €507k | €75k | €75k | = |
| Capital10 | - | €507k | €507k | €75k | €75k | = |
| Issued capital100 | - | €507k | €507k | €75k | €75k | = |
| Reserves13 | €51k | €51k | €51k | €51k | €51k | = |
| Non-distributable reserves130/1 | €51k | €51k | €51k | €51k | €51k | = |
| Legal reserve130 | - | €51k | €51k | €51k | €51k | = |
| Reserves not available under the articles1311 | €51k | - | - | - | - | - |
| Profit (loss) carried forward14 | €1k | €-23k | €-38k | €-48k | €-57k | ▼ 17.2% |
| Amounts payable17/49 | €471k | €472k | €467k | €927k | €895k | ▼ 3.4% |
| Amounts payable after more than one year17 | €275k | €275k | €275k | €275k | €275k | = |
| Financial debts170/4 | €275k | €275k | €275k | €275k | €275k | = |
| Amounts payable within one year42/48 | €196k | €197k | €192k | €652k | €618k | ▼ 5.1% |
| Trade debts44 | - | €868 | €1k | €28k | €1k | ▼ 95.5% |
| Suppliers440/4 | - | €868 | €1k | €28k | €1k | ▼ 95.5% |
| Other amounts payable47/48 | €196k | €196k | €191k | €623k | €617k | ▼ 1.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-396 | €-24k | €-15k | €-10k | €-8k | ▲ 18.0% |
| + Depreciation and write-downs630 | - | €5k | €11k | €11k | €11k | = |
| Operating cash flow (approximation) | €-396 | €-19k | €-4k | €1k | €3k | ▲ 165% |
| Investment in fixed assets (approximation) | - | - | €-140k | €0 | €0 | - |
| Change in cash | - | €-262k | €-48k | €-35k | €-88k | ▼ 151% |
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
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Sint-Niklaas · 1 establishment unit since 2001
Ground area
2,113 m²
Building footprint
146 m²
Volume, LiDAR
883 m³
Parcel 46002B0806/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Nauwstraat 39, 9111 Sint-Niklaas
since 20012.093.336.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002B0806/00H000 | Flanders | 2,113 m² | 1 · 146 m² | 9.1 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.
Identification & contact
Identification
Legal formPublic limited company
Founded31-05-2001
Fiscal year end30-09
Scores and ratios are computed by Checked and are not a credit decision.