Verma-Construct
ActiveVerma-Construct has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-88k) and a net result of €104k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+88
Solvency12▲+11
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88 against 0.8 in 2024; short-term debt: 113.1% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9113 sector peers (2025).
NBB · sector comparisonPosition among 9113 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
31 d late
2022
30 d late
2021
44 d early
2020
30 d late
2019
16 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-88k▲ 54.2%
2024 · €-192k
2019: €20k
2020: €98k
2021: €40k
2022: €74k
2023: €123k
2024: €-192k
2019 → 2025
Total assets
€671k▼ 14.3%
2024 · €783k
2019: €364k
2020: €563k
2021: €86k
2022: €215k
2023: €369k
2024: €783k
2019 → 2025
Net result
€104k
2024 · €-315k
2019: €-10k
2020: €78k
2021: €-58k
2022: €60k
2023: €150k
2024: €-315k
2019 → 2025
Working capital
€-89k▲ 53.9%
2024 · €-193k
2019: €2k
2020: €75k
2021: €12k
2022: €72k
2023: €121k
2024: €-193k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€74k▲ 87.0%€123k▲ 66.0%€-192k€-88k▲ 54.2%
Operating result€-57k-€15k€182k▲ 1,123%€-307k€120k
Net result€-58k-€60k€150k▲ 152%€-315k€104k
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: €120k after a loss of €307k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €671k
Fixed assets
€1k▼ 17.8%
Current assets
€669k▼ 14.3%
Key figures and ratios
EBITDA
€120k▲
2024 · €-307k
Cash flow
€104k▲
2024 · €-315k
Solvency
-13.1%▲
2024 · -24.5%
Current ratio
0.88▲
2024 · 0.80
Quick ratio
0.09▲
2024 · 0.09
Debt / equity
-8.64▼
2024 · -5.09
ROA
15.5%▲
2024 · -40.2%
Interest coverage
7.61▲
2024 · -35.56
Debt
€758k▼
2024 · €974k
Debt ≤ 1 year
€758k▼
2024 · €974k
Income taxes
€16▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€783k€671k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€781k€669k▼
Stocks and contracts in progress3€696k€602k▼
Stocks30/36€696k€602k▼
Amounts receivable within one year40/41€61k€67k▲
Trade receivables40€27k€25k▼
Other amounts receivable41€34k€42k▲
Cash at bank and in hand54/58€24k€504▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€783k€671k▼
Equity10/15€-192k€-88k▲
Contributions10/11€30k€30k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-222k€-118k▲
Amounts payable17/49€974k€758k▼
Amounts payable within one year42/48€974k€758k▼
Financial debts43€415k€196k▼
Credit institutions430/8€415k€196k▼
Trade debts44€290k€45k▼
Suppliers440/4€290k€45k▼
Advances received on contracts in progress46€211k€209k▼
Taxes, remuneration and social security45€16k€7k▼
Taxes450/3€16k€7k▼
Other amounts payable47/48€42k€301k▲
Accrued charges and deferred income492/3-€123
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€294€294=
Other operating charges640/8€513€528▲
Gross operating margin9900€-306k€120k▲
Operating profit (loss)9901€-307k€120k▲
Financial income75/76B€827€0▼
Recurring financial income75€827€0▼
Financial charges65/66B€9k€16k▲
Recurring financial charges65€9k€16k▲
Profit (loss) for the period before taxes9903€-315k€104k▲
Income taxes67/77€0€16▲
Profit (loss) for the period9904€-315k€104k▲
Profit (loss) for the period to be appropriated9905€-315k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-315k€-118k▲
Profit (loss) brought forward from the previous period14P-€-222k
Transfer from equity791/2€93k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Directors or managers695€0-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €104k
Net result €104k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-315k ▼310%
Net result drops to €-315k, 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
31-12
Financial
Highest result since 2019net €150k ▲152%
Operating result €182k, net result €150k, both a record.
31-12
Financial
Equity above €100kEq €123k ▲66%
2 profitable years in a row build equity to €123k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Zedelgem · 1 establishment unit since 2018
Ground area
957 m²
Building footprint
139 m²
Volume, LiDAR
1,088 m³
Parcel 31036D0652/00N000, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CEREMA INVEST
since 20182.284.380.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036D0652/00N000 | Flanders | 957 m² | 1 · 139 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 5,341 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2018
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.