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Verma-Construct

Active
Private limited companyfounded 2018active for 7 yearsHollevoordestraat 59, 8210 Zedelgem, BelgiumKBO/BCE: BE 0715.512.283
Summary

The computed 12-month bankruptcy probability of Verma-Construct is 1.8% (moderate). The 2025 annual accounts show negative equity (-€87,787) and a net result of €103,772. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 11,235 sector peers (NACE 68, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 05-12-2018 Normal situation
Activity
Development of residential building projects NACE 68121
Establishment unit
2.284.380.781 8210 Zedelgem, since 05-12-2018
Financial year end
31 December
Peppol
Reachable since 27-01-2026

Board and ownership

Board
  • PROJECT-IMMODirector · since 05-12-2018 · permanent representative MAES Tom
  • Pavicle-InvestDirector · since 13-05-2022 · permanent representative Vermeulen Alexander
Shareholders

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2025
Gross margin
€120,359
Turnover
≈ €240,000
estimated
Profit
€103,772
Equity
-€87,787
▲ 54.2%
Total assets
€670,705
▼ 14.3%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskLiquidity: current ratio 0.88, cash €504, halvedLast filed accounts filed 31 days late; 3 of the last 3 accounts latelowers riskSize: total assets €670,705Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 46% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 12+11
equity -13.1% of total assets
Liquidity 0-4
short-term debt 113.1% · cash 0.1%
Profitability 88+88
return on assets 15.5%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▲ +1.3 percentage points vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.6%▼ -0.1 percentage points vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.5%▼ -0.1 percentage points vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.6%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 1.8%▼ -0.3 percentage points vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026 11-2026: 1.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.88 (0.8 in 2024), below 1. Short-term debt is 113.1% and cash 0.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 12% of them on solvency, 2% on liquidity, 84% on profitability and 86% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.88, cash €504, halved
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €670,705
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 11235 sector peers (2025).
NBB · sector comparison
Position among 11235 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
31 days late
2024
60 days late
2023
31 days late
2022
30 days late
2021
44 days early
2020
30 days late
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€87,787 View
  • Positive: Back in profit in 2025after a loss of €314,831 in 2024 €103,772 View
  • Caution: Lower solvency than 90% of companies in real estatesector median 30.8% · 11,235 companies -13.1% View

Comparable companies

These companies have the same main activity as Verma-Construct: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €592,000 and €713,000, founded between 2017 and 2019.

CompanyTotal assetsGross margin
Verma-Construct Zedelgem€670,705€120,359
NEWPORT PROJECTS Nieuwpoort€616,766€126,063
bouwonderneming dumalin francis Bredene€702,913€100,602
VITRUVI DEVELOPMENTS Tielt€676,837€164,158
Goemaere Projects Diksmuide€713,168€93,541
LESAGE's Ieper€592,072€138,464
RENO DE LUXE Wevelgem€677,812€79,778
Full comparison

Key facts about Verma-Construct

What is the company number of Verma-Construct?
The company number of Verma-Construct is 0715.512.283. The VAT number is the same number with BE in front: BE 0715.512.283.
Where is Verma-Construct based?
The registered office is at Hollevoordestraat 59, 8210 Zedelgem.Company details
What does Verma-Construct do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Verma-Construct?
The legal form of Verma-Construct is Private limited company (BV).
When was Verma-Construct founded?
Verma-Construct was founded on 05-12-2018.
Is Verma-Construct still active?
Yes, Verma-Construct is an active enterprise in the KBO register.
What is the turnover of Verma-Construct?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €120,359 and 32 comparable companies (NACE 681). It probably lies between €160,000 and €480,000.Financials
Is Verma-Construct profitable?
In financial year 2025, Verma-Construct made a profit of €103,772.
Where can I find the annual accounts of Verma-Construct?
Verma-Construct filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Verma-Construct due?
Verma-Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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