Vermako Cover Solutions
ActiveSummary
Vermako Cover Solutions has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €593,060 and a net result of €107,628. Equity has been growing by about 64% per year since 2019. Its solvency ranks better than 29% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 18-05-2009 Normal situation
- Activity
- Manufacture of metal structures and parts of structures NACE 25110and 4 others
- Joint committee
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-09-2025
- Establishment unit
- 2.178.566.451 8700 Tielt, since 12-06-2009
- Financial year end
- 30 September
- Peppol
- Reachable
Board and ownership
- MAEVENIRManaging director · permanent representative Karl MAES
- MAES Jacques Geert PaulDirector · since 01-01-2020
- Kim MaesDirector · since 27-02-2024
- MAEVENIR100%30-09-2025 annual accounts of MAEVENIR
- JACQUES MAES50%annual accounts 30-09-2023
- KATTY VERBEKE50%annual accounts 30-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €1.3m
- Turnover
- ≈ €2.3m
- estimated
- Profit
- €107,628
- ▼ 81.7%
- Equity
- €593,060
- ▲ 0.4%
- Total assets
- €2.0m
- ▲ 4.8%
- Employees on 30-09-2025
- 14
- ▼ 26.3%
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 1.29, cash €843,213Founded in 2009Figures for financial year 2025 (filed on 30-04-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 25, small). It does better than 30% of them on solvency, 78% on liquidity, 62% on profitability and 33% 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
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025different schema filed ▼ 81.7% View
- Positive: 3rd fastest staff growth in Tielt, Manufacturing sectorin the Checked rankings No. 3 View
- Positive: 7 profitable years in a rowprofit 2025: €107,628 7 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Resignations: Karl MAES (director) and Katty VERBEKE (director)Appointment: BV MAEVENIR (bestuurder,gedelegeerd bestuurder en voorzitter van het college van bestuurders) · Permanent representative: Karl MAES
- · Gazette deed Appointments: Karl Maes (director) and Kim Maes (director)
- · Gazette deed Registered office moved to TieltChanges of role: MAES Jacques Geert Paul (director) and VERBEKE Katty Martha Maria (director)
Comparable companies
These companies have the same main activity as Vermako Cover Solutions: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €1.4m and €2.4m, founded between 2005 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| Vermako Cover Solutions Tielt | €2.0m | €1.3m |
| SERTIP Charleroi | €2.2m | €1.5m |
| Bemepro Menen | €2.0m | €1.0m |
| J.C. TECHNIEK Anzegem | €2.3m | €1.6m |
| Callewaert Industries and Projects Wingene | €2.4m | €1.3m |
| DEBOODT K & D Kortemark | €1.4m | €1.0m |
| ADVANCED TUBE TECHNOLOGY Roeselare | €1.4m | €1.6m |
Key facts about Vermako Cover Solutions
- What is the company number of Vermako Cover Solutions?
- The company number of Vermako Cover Solutions is 0811.799.433. The VAT number is the same number with BE in front: BE 0811.799.433.
- Where is Vermako Cover Solutions based?
- The registered office is at Careelstraat 11, 8700 Tielt.Company details
- What does Vermako Cover Solutions do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of Vermako Cover Solutions?
- The legal form of Vermako Cover Solutions is Private limited company (BV).
- When was Vermako Cover Solutions founded?
- Vermako Cover Solutions was founded on 18-05-2009.
- Is Vermako Cover Solutions still active?
- Yes, Vermako Cover Solutions is an active enterprise in the KBO register.
- How many employees does Vermako Cover Solutions have?
- Vermako Cover Solutions had an average of 19 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Vermako Cover Solutions fall under?
- In its 30-09-2025 annual accounts, Vermako Cover Solutions states joint committee 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of Vermako Cover Solutions?
- The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €1.3m and 1,586 comparable companies of the same size. It probably lies between €1.6m and €3.8m. It is a rough estimate. In financial year 2024 turnover was €4.4m.
- Is Vermako Cover Solutions profitable?
- In financial year 2025, Vermako Cover Solutions made a profit of €107,628.
- Where can I find the annual accounts of Vermako Cover Solutions?
- Vermako Cover Solutions filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Vermako Cover Solutions due?
- Vermako Cover Solutions must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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