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VERLEYE K.

Active
Private limited companyfounded 199432 yrs activeIndustriepark 7, 8587 Spiere-Helkijn, BelgiumKBO/BCE: BE 0452.284.868
Summary

VERLEYE K. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €666,670 and a net result of €63,553. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 1918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability79▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 3.61 against 2.74 in 2024; short-term debt: 17.1% and cash: 38.8% of total assets), and 17.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
82.9%
Return on assets
7.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
on the day
2021
4 d late
2020
11 d late
2019
1 d 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 2 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
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

VERLEYE K. was incorporated on 4 March 1994.1 Total assets rose from EUR 450,065 in 2019 to EUR 804,042 in 2025 and headcount from 0.7 full-time equivalents in 2020 to 0.9 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2020, 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€666,670▲ 10.5%
2024 · €603,117
Total assets
€804,042▲ 8.0%
2024 · €744,202
Net result
€63,553▼ 27.5%
2024 · €87,629
Working capital
€358,389▲ 46.2%
2024 · €245,067
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€110,986▲ 63.1%€137,785▲ 24.1%€115,463▼ 16.2%€124,033▲ 7.4%€91,246▼ 26.4%
Net result€79,315above the sector's middle half▲ 47.6%€100,351above the sector's middle half▲ 26.5%€80,884above the sector's middle half▼ 19.4%€87,629within the sector's middle half▲ 8.3%€63,553within the sector's middle half▼ 27.5%
Equity€334,253above the sector's middle half▼ 10.7%€434,604above the sector's middle half▲ 30.0%€515,488above the sector's middle half▲ 18.6%€603,117within the sector's middle half▲ 17.0%€666,670within the sector's middle half▲ 10.5%
Total assets€687,943above the sector's middle half▲ 4.8%€742,320above the sector's middle half▲ 7.9%€753,801above the sector's middle half▲ 1.5%€744,202within the sector's middle half▼ 1.3%€804,042within the sector's middle half▲ 8.0%
Debt€353,690▲ 25.6%€307,716▼ 13.0%€238,312▼ 22.6%€141,085▼ 40.8%€137,372▼ 2.6%
Working capital€14,305within the sector's middle half▼ 72.2%€78,860above the sector's middle half▲ 451%€182,955above the sector's middle half▲ 132%€245,067within the sector's middle half▲ 33.9%€358,389above the sector's middle half▲ 46.2%
Solvency48.6%within the sector's middle half▼ 8.5pp58.5%within the sector's middle half▲ 10.0pp68.4%above the sector's middle half▲ 9.8pp81.0%above the sector's middle half▲ 12.7pp82.9%above the sector's middle half▲ 1.9pp
Current ratio1.06within the sector's middle half▼ 0.371.30within the sector's middle half▲ 0.251.81within the sector's middle half▲ 0.512.74above the sector's middle half▲ 0.933.61above the sector's middle half▲ 0.87
Return on assets (ROA)11.5%within the sector's middle half▲ 3.3pp13.5%within the sector's middle half▲ 2.0pp10.7%within the sector's middle half▼ 2.8pp11.8%above the sector's middle half▲ 1.0pp7.9%within the sector's middle half▼ 3.9pp
Staff (FTE)1▲ 42.9%0.9▼ 10.0%
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2021: €110,986€110,986Net result 2021: €79,315€79,315Operating result 2022: €137,785€137,785Net result 2022: €100,351€100,351Operating result 2023: €115,463€115,463Net result 2023: €80,884€80,884Operating result 2024: €124,033€124,033Net result 2024: €87,629€87,629Operating result 2025: €91,246€91,246Net result 2025: €63,553€63,55320212022202320242025€0€50,000€100,000Operating result 2023: €115,463€115,000Net result 2023: €80,884€80,900Operating result 2024: €124,033€124,000Net result 2024: €87,629€87,600Operating result 2025: €91,246€91,200Net result 2025: €63,553€63,600202320242025
The operating result falls in 2025; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €804,042
Fixed assets €308,281 ▼ 13.9%
Current assets €495,761 ▲ 28.4%
Equity and liabilities €804,042
Equity €666,670 ▲ 10.5%
Debt €137,372 ▼ 2.6%
Debt's share of the balance-sheet total falls from 19.0% to 17.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€170,163▼
2024 · €204,883
Cash flow
€142,470▼
2024 · €168,479
Quick ratio
3.56▲
2024 · 2.72
Debt to equity
0.21▼
2024 · 0.23
ROE
9.5%▼
2024 · 14.5%
Interest coverage
35.66▲
2024 · 35.06
Debt ≤ 1 year
€137,372▼
2024 · €141,085
Income taxes
€22,922▼
2024 · €30,560
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 20,134 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 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€744,202€804,042▲
Fixed assets21/28€358,050€308,281▼
Tangible fixed assets22/27€358,050€308,281▼
Land and buildings22€226,158€208,827▼
Plant, machinery and equipment23€3,878€4,093▲
Furniture and vehicles24€102,764€95,360▼
Leasing and similar rights25€25,250-
Current assets29/58€386,151€495,761▲
Stocks and contracts in progress3€2,435€6,557▲
Stocks30/36€2,435€6,557▲
Amounts receivable within one year40/41€86,873€75,119▼
Trade receivables40€85,124€74,919▼
Other amounts receivable41€1,749€200▼
Current investments50/53-€102,469
Cash at bank and in hand54/58€296,844€311,615▲
Equity and liabilities
Total equity and liabilities10/49€744,202€804,042▲
Equity10/15€603,117€666,670▲
Contributions10/11€18,600€18,600=
Outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€372,843€422,843▲
Non-distributable reserves130/1€13,808€13,808=
Reserves not available under the articles1311€13,808€13,808=
Tax-exempt reserves132€60,524€60,524=
Distributable reserves133€298,511€348,511▲
Profit (loss) carried forward14€211,675€225,227▲
Amounts payable17/49€141,085€137,372▼
Amounts payable within one year42/48€141,085€137,372▼
Current portion of amounts payable after more than one year42€8,643-
Trade debts44€20,517€30,082▲
Suppliers440/4€20,517€30,082▲
Taxes, remuneration and social security45€20,447€16,817▼
Taxes450/3€20,447€16,817▼
Other amounts payable47/48€91,477€90,473▼
Income statement Code20242025
Non-recurring operating income76A€20,000€9,504▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80,850€78,917▼
Other operating charges640/8€23,155€20,099▼
Gross operating margin9900€228,038€190,262▼
Operating profit (loss)9901€124,033€91,246▼
Financial charges65/66B€5,844€4,771▼
Recurring financial charges65€5,844€4,771▼
Profit (loss) for the period before taxes9903€118,189€86,474▼
Income taxes67/77€30,560€22,922▼
Profit (loss) for the period9904€87,629€63,553▼
Profit (loss) for the period to be appropriated9905€87,629€63,553▼
Appropriation of the result
Profit (loss) to be appropriated9906€261,675€275,227▲
Profit (loss) brought forward from the previous period14P€174,046€211,675▲
Transfer to equity691/2€50,000€50,000=
To other reserves6921€50,000€50,000=

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€8,900€20,000€9,504▼ 52.5%
Remuneration, social security and pensions62-€69,382€219---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88,862€94,303€76,374€80,850€78,917▼ 2.4%
Other operating charges640/8-€16,571€21,310€23,155€20,099▼ 13.2%
Gross operating margin9900€272,383€318,041€213,366€228,038€190,262▼ 16.6%
Operating profit (loss)9901€110,986€137,785€115,463€124,033€91,246▼ 26.4%
Financial charges65/66B-€7,198€7,960€5,844€4,771▼ 18.4%
Recurring financial charges65€5,775€7,198€7,960€5,844€4,771▼ 18.4%
Profit (loss) for the period before taxes9903€105,210€130,587€107,503€118,189€86,474▼ 26.8%
Income taxes67/77€25,896€30,236€26,619€30,560€22,922▼ 25.0%
Profit (loss) for the period9904€79,315€100,351€80,884€87,629€63,553▼ 27.5%
Profit (loss) for the period to be appropriated9905€79,315€100,351€80,884€87,629€63,553▼ 27.5%
Line20212022202320242025Change
Assets
Total assets20/58€687,943€742,320€753,801€744,202€804,042▲ 8.0%
Fixed assets21/28€424,074€403,122€344,499€358,050€308,281▼ 13.9%
Tangible fixed assets22/27€424,074€403,122€344,499€358,050€308,281▼ 13.9%
Land and buildings22-€159,583€146,861€226,158€208,827▼ 7.7%
Plant, machinery and equipment23-€8,020€5,746€3,878€4,093▲ 5.5%
Furniture and vehicles24-€179,969€151,492€102,764€95,360▼ 7.2%
Leasing and similar rights25-€55,550€40,400€25,250--
Current assets29/58€263,869€339,198€409,302€386,151€495,761▲ 28.4%
Stocks and contracts in progress3€8,148€18,727€7,860€2,435€6,557▲ 169%
Stocks30/36-€18,727€7,860€2,435€6,557▲ 169%
Amounts receivable within one year40/41€39,720€51,186€53,202€86,873€75,119▼ 13.5%
Trade receivables40-€50,986€53,002€85,124€74,919▼ 12.0%
Other amounts receivable41-€200€200€1,749€200▼ 88.6%
Current investments50/53----€102,469-
Cash at bank and in hand54/58€216,002€269,286€348,240€296,844€311,615▲ 5.0%
Equity and liabilities
Total equity and liabilities10/49€687,943€742,320€753,801€744,202€804,042▲ 8.0%
Equity10/15€334,253€434,604€515,488€603,117€666,670▲ 10.5%
Contributions10/11-€18,600€18,600€18,600€18,600=
Outside capital11-€18,600€18,600€18,600€18,600=
Other1109/19-€18,600€18,600€18,600€18,600=
Reserves13€222,843€272,843€322,843€372,843€422,843▲ 13.4%
Non-distributable reserves130/1-€13,808€13,808€13,808€13,808=
Reserves not available under the articles1311-€13,808€13,808€13,808€13,808=
Tax-exempt reserves132-€60,524€60,524€60,524€60,524=
Distributable reserves133-€198,511€248,511€298,511€348,511▲ 16.7%
Profit (loss) carried forward14€92,811€143,162€174,046€211,675€225,227▲ 6.4%
Amounts payable17/49€353,690€307,716€238,312€141,085€137,372▼ 2.6%
Amounts payable after more than one year17€104,125€47,378€11,966---
Financial debts170/4-€47,378€11,966---
Amounts payable within one year42/48€249,564€260,338€226,347€141,085€137,372▼ 2.6%
Current portion of amounts payable after more than one year42-€54,974€33,774€8,643--
Trade debts44€26,280€39,649€33,309€20,517€30,082▲ 46.6%
Suppliers440/4-€39,649€33,309€20,517€30,082▲ 46.6%
Taxes, remuneration and social security45-€26,534€24,873€20,447€16,817▼ 17.8%
Taxes450/3-€26,534€24,873€20,447€16,817▼ 17.8%
Other amounts payable47/48-€139,181€134,392€91,477€90,473▼ 1.1%
Line20212022202320242025Change
Profit (loss) for the period9904€79,315€100,351€80,884€87,629€63,553▼ 27.5%
+ Depreciation and write-downs630€88,862€94,303€76,374€80,850€78,917▼ 2.4%
Operating cash flow (approximation)€168,177€194,654€157,258€168,479€142,470▼ 15.4%
Investment in fixed assets (approximation)--€73,351-€17,752-€94,401-€29,148▲ 69.1%
Change in cash-€53,284€78,955-€51,396€14,771▲ 129%

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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Equity above €500,000Eq €515,488 ▲18.6%
5 profitable years in a row build equity to €515,488.
2022
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Highest result since 2019net €100,351 ▲26.5%
Operating result €137,785, net result €100,351, both a record.
2021
04-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2020
11-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2019
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-09
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 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Spiere-Helkijn · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
572 m²
Building footprint
147 m²
Volume, LiDAR
751 m³
Parcel 34036C0027/00C000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERLEYE K. BVBA
Industriepark 7, 8587 Spiere-HelkijnNACE 60241
since 19942.066.402.777
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34036C0027/00C000 Flanders 572 m² 1 · 146 m² 8.5 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.

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 663 EUR awarded · 525 EUR paid
Year Entries awardedpaid
2025 1 327 EUR291 EUR
2024 1 102 EUR234 EUR
2023 1 234 EUR0 EUR
Schemes
3 entries · 663 EUR · 525 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,573 companies in this sector we hold annual accounts for 8,205. 4,797 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded04-03-1994
Fiscal year end31-03
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0452284868
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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