VERLIE
ActiveSummary
VERLIE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€834,806) and a net result of -€65,910. Equity is shrinking by ~22% per year across the filed fiscal years. Its solvency ranks better than 5% of 1223 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-2
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.32 against 1.58 in 2023; short-term debt: 75.3% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-277.4%
Return on assets
-21.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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 dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€834,806
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
144 d late
2023
461 d late
2022
59 d late
2021
94 d late
2020
90 d late
2019
237 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 181 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
-€834,806▼ 8.6%
2023 · -€768,896
Total assets
€300,956▼ 52.6%
2023 · €634,370
Net result
-€65,910▲ 24.7%
2023 · -€87,533
Working capital
€72,598▼ 68.6%
2023 · €231,202
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28,237-€78,374-€240,898▼ 207%-€87,471▲ 63.7%-€63,599▲ 27.3%
Net result€26,388within the sector's middle half-€84,963below the sector's middle half-€241,233below the sector's middle half▼ 184%-€87,533below the sector's middle half▲ 63.7%-€65,910below the sector's middle half▲ 24.7%
Equity-€355,167below the sector's middle half▲ 6.9%-€440,130below the sector's middle half▼ 23.9%-€681,363below the sector's middle half▼ 54.8%-€768,896below the sector's middle half▼ 12.8%-€834,806below the sector's middle half▼ 8.6%
Total assets€602,187below the sector's middle half▼ 11.2%€623,858below the sector's middle half▲ 3.6%€709,658below the sector's middle half▲ 13.8%€634,370below the sector's middle half▼ 10.6%€300,956below the sector's middle half▼ 52.6%
Debt€957,354▼ 9.6%€1.1m▲ 11.1%€1.4m▲ 30.7%€1.4m▲ 0.9%€1.1m▼ 19.1%
Working capital€174,630within the sector's middle half▲ 1.8%€310,314within the sector's middle half▲ 77.7%€71,525below the sector's middle half▼ 77.0%€231,202within the sector's middle half▲ 223%€72,598within the sector's middle half▼ 68.6%
Solvency-59.0%below the sector's middle half▼ 2.7pp-70.5%below the sector's middle half▼ 11.6pp-96.0%below the sector's middle half▼ 25.5pp-121.2%below the sector's middle half▼ 25.2pp-277.4%below the sector's middle half▼ 156.2pp
Current ratio1.42within the sector's middle half▲ 0.082.02within the sector's middle half▲ 0.601.11below the sector's middle half▼ 0.911.58within the sector's middle half▲ 0.471.32within the sector's middle half▼ 0.26
Return on assets (ROA)4.4%within the sector's middle half▲ 20.9pp-13.6%below the sector's middle half▼ 18.0pp-34.0%below the sector's middle half▼ 20.4pp-13.8%below the sector's middle half▲ 20.2pp-21.9%below the sector's middle half▼ 8.1pp
Staff (FTE)4within the sector's middle half▲ 33.3%2.6below the sector's middle half▼ 35.0%2.6below the sector's middle half=2below the sector's middle half▼ 23.1%0.8below the sector's middle half▼ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €63,599 in 2024 against €87,471 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €300,956
Fixed assets
€1,766 ▼ 60.7%
Current assets
€299,190 ▼ 52.5%
Key figures and ratios
EBITDA
-€60,868▲
2023 · -€84,708
Cash flow
-€63,179▲
2023 · -€84,771
Quick ratio
1.22▲
2023 · 0.74
Debt to equity
-1.36▲
2023 · -1.83
Interest coverage
-64.65▲
2023 · -481.57
Debt ≤ 1 year
€226,592▼
2023 · €398,672
Debt > 1 year
€909,170▼
2023 · €1.0m
Income taxes
€1,622
Staff costs
€73,933▼
2023 · €208,523
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 6,639 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €106,691 | €92,174 | €208,523 | €73,933 | ▼ 64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,959 | €3,983 | €2,954 | €2,762 | €2,731 | ▼ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5,403 | - | - |
| Other operating charges640/8 | - | €9,590 | €15,024 | €37,469 | €3,348 | ▼ 91.1% |
| Gross operating margin9900 | €168,345 | €41,890 | -€130,746 | €166,687 | €16,413 | ▼ 90.2% |
| Operating profit (loss)9901 | €28,237 | -€78,374 | -€240,898 | -€87,471 | -€63,599 | ▲ 27.3% |
| Financial income75/76B | - | €7 | €180 | €113 | €253 | ▲ 123% |
| Recurring financial income75 | €97 | €7 | €165 | €113 | €253 | ▲ 123% |
| Non-recurring financial income76B | - | - | €15 | - | - | - |
| Financial charges65/66B | - | €1,532 | €515 | €176 | €942 | ▲ 435% |
| Recurring financial charges65 | €1,946 | €1,532 | €515 | €176 | €942 | ▲ 435% |
| Profit (loss) for the period before taxes9903 | €26,388 | -€79,899 | -€241,233 | -€87,533 | -€64,288 | ▲ 26.6% |
| Income taxes67/77 | - | €5,064 | - | - | €1,622 | - |
| Profit (loss) for the period9904 | €26,388 | -€84,963 | -€241,233 | -€87,533 | -€65,910 | ▲ 24.7% |
| Profit (loss) for the period to be appropriated9905 | €26,388 | -€84,963 | -€241,233 | -€87,533 | -€65,910 | ▲ 24.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €602,187 | €623,858 | €709,658 | €634,370 | €300,956 | ▼ 52.6% |
| Fixed assets21/28 | €13,333 | €9,335 | €6,891 | €4,497 | €1,766 | ▼ 60.7% |
| Tangible fixed assets22/27 | €13,153 | €9,171 | €6,721 | €4,317 | €1,586 | ▼ 63.3% |
| Plant, machinery and equipment23 | - | €9,171 | €6,721 | €4,317 | €1,586 | ▼ 63.3% |
| Financial fixed assets28 | €180 | €165 | €170 | €180 | €180 | = |
| Current assets29/58 | €588,854 | €614,523 | €702,767 | €629,874 | €299,190 | ▼ 52.5% |
| Stocks and contracts in progress3 | €365,323 | €362,140 | €353,200 | €333,200 | €23,000 | ▼ 93.1% |
| Stocks30/36 | - | €362,140 | €353,200 | €333,200 | €23,000 | ▼ 93.1% |
| Amounts receivable within one year40/41 | €182,279 | €233,963 | €334,903 | €284,555 | €263,228 | ▼ 7.5% |
| Trade receivables40 | - | €208,023 | €270,926 | €284,555 | €224,610 | ▼ 21.1% |
| Other amounts receivable41 | - | €25,940 | €63,977 | - | €38,618 | - |
| Current investments50/53 | - | - | - | - | €12,962 | - |
| Cash at bank and in hand54/58 | €41,252 | €18,420 | €14,664 | €12,119 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €602,187 | €623,858 | €709,658 | €634,370 | €300,956 | ▼ 52.6% |
| Equity10/15 | -€355,167 | -€440,130 | -€681,363 | -€768,896 | -€834,806 | ▼ 8.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€417,167 | -€502,130 | -€743,363 | -€830,896 | -€896,806 | ▼ 7.9% |
| Amounts payable17/49 | €957,354 | €1.1m | €1.4m | €1.4m | €1.1m | ▼ 19.1% |
| Amounts payable after more than one year17 | €543,130 | €759,778 | €759,778 | €1.0m | €909,170 | ▼ 9.5% |
| Other amounts payable178/9 | - | €759,778 | €759,778 | €1.0m | €909,170 | ▼ 9.5% |
| Amounts payable within one year42/48 | €414,224 | €304,209 | €631,243 | €398,672 | €226,592 | ▼ 43.2% |
| Trade debts44 | €390,449 | €281,754 | €554,174 | €350,949 | €190,028 | ▼ 45.9% |
| Suppliers440/4 | - | €281,754 | €554,174 | €350,949 | €190,028 | ▼ 45.9% |
| Taxes, remuneration and social security45 | - | €22,455 | €51,574 | €46,304 | €35,145 | ▼ 24.1% |
| Taxes450/3 | - | €12,400 | €30,389 | €35,722 | €35,145 | ▼ 1.6% |
| Remuneration and social security454/9 | - | €10,055 | €21,184 | €10,582 | - | - |
| Other amounts payable47/48 | - | - | €25,495 | €1,419 | €1,419 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,388 | -€84,963 | -€241,233 | -€87,533 | -€65,910 | ▲ 24.7% |
| + Depreciation and write-downs630 | €1,959 | €3,983 | €2,954 | €2,762 | €2,731 | ▼ 1.1% |
| Operating cash flow (approximation) | €28,347 | -€80,980 | -€238,279 | -€84,771 | -€63,179 | ▲ 25.5% |
| Investment in fixed assets (approximation) | - | €15 | -€510 | -€368 | €0 | ▲ 100% |
| Change in cash | - | -€22,832 | -€3,756 | -€2,545 | - | - |
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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 144 days late
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 461 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet -€241,233
Net result drops to -€241,233, the lowest in the series; recovery starts the following year.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 94 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 237 days late
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 537 days late
2020
31-12
Financial
Back to profitnet €26,388
Net result €26,388 after 2 loss-making years.
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 62 days late
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 126 days late
2016
13-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 74 days late
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
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, Halle · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lariellestraat (Robert) 41500 Halle1 establishment unit
Lariellestraat (Robert) 4, 1500 Halle
since 20012.131.871.740
Similar companies · same sector, comparable size
Galvani
BE 0404.020.242
Duffel · FTE 0.8
STEEN PARTS
BE 0456.898.506
Zedelgem · FTE 0.8
MT CONNECT
BE 0753.957.838
Lokeren · FTE 0.8
V. VOET
BE 0884.593.973
Aalter · FTE 0.8
DR AUTOMATICS
BE 0416.123.268
Antwerpen · FTE 0.9
Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 495 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476321468
Also
9925:BE0476321468
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.