Skip to content

Vermago

Active
Public limited companyfounded 197253 yrs activeKortrijkstraat 56-58, 8700 Tielt, BelgiumKBO/BCE: BE 0412.752.222
Summary

Vermago has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217,111 and a net result of -€22,063. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 4652 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch ReportCompare
VermagoActiveChecked score 80/100
Risk analysis ReportCompare

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110Supermarkets NACE 47114NACE 52114
#9 oldest company in Tielt, Wholesale and retail trade sector1 site
Size
€1.2mtotal assets 2025
Staff
18.4 FTE
Equity
€217,111
Loss
-€22,063
Financial health
80 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Parent
INVEST DE WEERDT JOHAN · 99.87%
Accounts 4 d early0 of 6 deeds read
Why 80- Equity €217,111 (18.5% of total assets)- Sector Retail trade (NACE 47)- Size: 18.4 FTE, total assets €1.2m- Loss of €22,063 (FY 2025)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Better than 35% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 44-5
equity 18.5% of total assets
Liquidity 37+11
short-term debt 68.8% · cash 18.9%
Profitability 62-12
return on assets -1.9%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,675 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.3%● 0.0% vs 02-2025 04-2025: 0.3%▼ -1.8% vs 03-2025 05-2025: 0.3%▲ +0.3% vs 04-2025 06-2025: 0.3%▼ -6.2% vs 05-2025lowest value 07-2025: 0.4%▲ +29.9% vs 06-2025 08-2025: 0.5%▲ +22.3% vs 07-2025 09-2025: 0.5%● 0.0% vs 08-2025 10-2025: 0.5%● 0.0% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.5%● 0.0% vs 02-2026 04-2026: 0.5%● 0.0% vs 03-2026 05-2026: 0.5%▲ +2.1% vs 04-2026 06-2026: 0.5%▼ -1.0% vs 05-2026 07-2026: 0.5%▲ +6.0% vs 06-2026 08-2026: 0.5%▲ +0.4% vs 07-2026highest value 09-2026: 0.5%● 0.0% vs 08-2026highest value 10-2026: 0.5%● 0.0% vs 09-2026highest value
  • Equity €217,111 (18.5% of total assets) raises the probability
  • Sector Retail trade (NACE 47) raises the probability
  • Size: 18.4 FTE, total assets €1.2m raises the probability for this profile
  • Loss of €22,063 (FY 2025) raises the probability
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.08 in 2024; short-term debt: 68.8% and cash: 18.9% of total assets), and 81.5% 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 47, small). Better than this share of them on solvency 33%, liquidity 40%, profitability 44%, growth against the median 22%. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Equity €217,111 (18.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Size: 18.4 FTE, total assets €1.2m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Loss of €22,063 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
13 d early
2023
9 d early
2022
5 d early
2021
51 d early
2020
29 d early
2019
63 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 7 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 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 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Equity above €200,000Eq €239,174 ▲22.3%

Key points

  • Caution: From profit to loss in 2025after €43,541 in 2024 -€22,063 View
  • Caution: Among the weakest 20% on net resultsector median €40,227 · 4,652 companies -€22,063 View
  • Controlled by INVEST DE WEERDT JOHAN 99.87% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Active since 1972founded 06-11-1972 53 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.2m
Loss
-€22,063
Solvency
18.5%
Total assets▲ 18.0%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 27-07-2026Annual accounts filed
  2. 18-07-2025Annual accounts filed
  3. 31-12-2024Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
06-11-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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 Is the workforce growing, and do people stay?Employer check 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 What other support did companies like this one receive, and it did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure