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VERMABO

Active
Private limited companyfounded 198442 yrs activeBloemenhof 7, 8520 Kuurne, BelgiumKBO/BCE: BE 0426.200.578
Summary

VERMABO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €283,812 and a net result of -€17,815. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 53% of 2642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
VERMABOActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Activity
Other amusement and recreation activities
NACE 93299NACE 92723
1 site
Size
€902,667total assets 2025
Equity
€283,812
Loss
-€17,815
Turnover not published (abridged schema)
Financial health
89 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Holdings
1
Accounts on time0 of 2 deeds read
Why 89- Liquidity: current ratio 0.01, cash €2,977, halved+ Size: total assets €902,667+ Founded in 1984+ Figures for FY 2025 (filed 08-05-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 35% of its sector peers (NACE 93, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 56=
equity 31.4% of total assets
Liquidity 30-2
short-term debt 43.0% · cash 0.3%
Profitability 32+5
return on assets -2.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,222 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.1%▼ -66.8% vs 12-2024 02-2025: 0.1%▲ +8.0% vs 01-2025 03-2025: 0.1%▲ +6.3% vs 02-2025 04-2025: 0.2%▲ +72.3% vs 03-2025 05-2025: 0.1%▼ -57.5% vs 04-2025lowest value 06-2025: 0.1%● 0.0% vs 05-2025lowest value 07-2025: 0.1%● 0.0% vs 06-2025lowest value 08-2025: 0.1%● 0.0% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%▲ +1.4% vs 10-2025 12-2025: 0.1%▲ +2.7% vs 11-2025 01-2026: 0.1%▲ +9.1% vs 12-2025 02-2026: 0.1%▲ +8.3% vs 01-2026 03-2026: 0.1%▲ +15.4% vs 02-2026 04-2026: 0.2%▲ +54.3% vs 03-2026 05-2026: 0.3%▲ +77.8% vs 04-2026highest value 06-2026: 0.1%▼ -52.1% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Size: total assets €902,667 lowers the probability for this profile
  • Liquidity: current ratio 0.01, cash €2,977, halved raises the probability
  • Founded in 1984 lowers the probability for this profile
  • Figures for FY 2025 (filed 08-05-2026) lowers the probability
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.04 in 2024; short-term debt: 43% and cash: 0.3% of total assets), and 68.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, micro). Better than this share of them on solvency 52%, liquidity 25%, profitability 26%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €902,667
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.01, cash €2,977, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1984
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 08-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 2025
Net result per financial year
18192021232425
2018 to 2025 · latest year -€17,815
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
30 d early
2023
4 d early
2021
8 d early
2020
32 d early
2019
8 d early
2018
14 d late
← 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 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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. Usually files around 27 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close03-10-2026 today30-04-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€25,485

Key points

  • Caution: Among the weakest 16% on net resultsector median €3,855 · 2,640 companies -€17,815 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€17,815 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€902,667
Loss
-€17,815
Solvency
31.4%
Total assets▼ 4.0%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 30-04-2027
  1. 30-04-2026Annual accounts filed
  2. 31-03-2025Annual accounts filed
  3. 30-09-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other amusement and recreation activitiesNACE 93299
Founded
11-09-1984
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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