Checked.be
Active
BE 0451.979.220Private limited company
VERMAX
Rijksweg 321 ·8710 Wielsbeke, Belgium· 32 yrs active
Sector: Wholesale of meat and meat products, excluding game and poultry
(46321)
Conclusion
VERMAX has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €137k and a net result of €22k. Its solvency ranks better than 67% of 3381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €137k |
| Net result | €22k |
| Staff (FTE) | 1.2 |
| Better than sector | 67% |
Financial profile
88
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
80
Solvency
87
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1994, 32 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€13k
estimate, not credit advice
Score history
86
2023
94
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.76 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.33 (≥ 1.0)
+5
Leverage
Debt/equity 1.12 (< 2.0)
+3
Profitability
ROE 16% (≥ 10%)
+10
Interest coverage
Interest coverage 18.6× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 09-05-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.3% | 25.2% | |
| Net result | €22k | €4k | |
| Equity | €137k | €22k | |
| Gross operating margin | €85k | €19k | |
| Staff costs | €30k | €27k |
€53k
+1.0%
23-24
€22k
+31.6%
23-24
€41k
-4.8%
23-24
€290k
+3.4%
23-24
€137k
+19.1%
23-24
€110k
+31.6%
23-24
1
0.0%
23-24
€30k
-0.2%
23-24
€9k
+32.7%
23-24
€153k
-7.4%
23-24
€145k
-2.1%
23-24
€8k
-53.7%
23-24
1.76
+12.4%
23-24
1.33
+13.3%
23-24
47.3%
+15.1%
23-24
1.12
-22.3%
23-24
16.0%
+10.5%
23-24
7.6%
+27.2%
23-24
18.64
-14.6%
23-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | €53k | €52k |
| Net profit | €22k | €17k |
| Cash flow | €41k | €43k |
| Staff costs | €30k | €30k |
| Income taxes | €9k | €7k |
| Dividends | - | - |
| Total assets | €290k | €280k |
| Equity | €137k | €115k |
| Debt | €153k | €165k |
| of which ≤ 1y | €145k | €148k |
| of which > 1y | €8k | €17k |
| Working capital | €110k | €84k |
| Employees (FTE) | 1.2 | 1.2 |
Ratios (computed)
| 2024 | 2023 | |
|---|---|---|
| Current ratio | 1.76 | 1.57 |
| Quick ratio | 1.33 | 1.18 |
| Working capital ratio | 38.0% | 29.9% |
| Solvency | 47.3% | 41.1% |
| Debt / equity | 1.12 | 1.44 |
| Long-term debt ratio | 0.06 | 0.15 |
| Interest coverage | 18.64 | 21.82 |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | 7.6% | 6.0% |
| ROE | 16.0% | 14.5% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €290k | €280k |
| Fixed assets | 21/28 | €35k | €48k |
| Tangible fixed assets | 22/27 | €35k | €48k |
| Current assets | 29/58 | €255k | €232k |
| Stocks & contracts in progress | 3 | €62k | €58k |
| Amounts receivable within one year | 40/41 | €115k | €104k |
| Investments | 50/53 | €67k | €48k |
| Cash & bank | 54/58 | €8k | €17k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €290k | €280k |
| Equity | 10/15 | €137k | €115k |
| Contributions / capital | 10/11 | €19k | €19k |
| Reserves | 13 | €118k | €97k |
| Accumulated profits (losses) | 14 | - | €0 |
| Amounts payable | 17/49 | €153k | €165k |
| Amounts payable after one year | 17 | €8k | €17k |
| Amounts payable within one year | 42/48 | €145k | €148k |
| Trade debts payable within one year | 44 | €107k | €99k |
| Income statement | |||
| Gross operating margin | 9900 | €85k | €85k |
| Operating result | 9901 | €34k | €26k |
| Financial income | 75 | €335 | €174 |
| Financial charges | 65 | €3k | €2k |
| Result before taxes | 9903 | €31k | €24k |
| Income taxes | 67/77 | €9k | €7k |
| Net result for the period | 9904 | €22k | €17k |
| Result to be appropriated | 9905 | €22k | €17k |
Directors & mandates
Current directors & mandates
-
Verbeke MaximDirectorState Gazette act 24052513 (28-03-2024)Current01-02-2024 → present
Legal Structure
| NACE primary | Wholesale of meat and meat products, excluding game and poultry(46321) |
| Legal form | Private limited company(610) |
| Incorporation | 03-03-1994 |
| Status | Active |
| Postal code | 8710 |
Establishment units
VERMAX
since 19942.066.140.085
VERMAX
since 20222.333.514.152
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017A0184/00A005 | Flanders | 1,340 m² | 1 · 213 m² | 7.1 m · 2 fl. |
| 34452B0839/00M005 | Flanders | 1,202 m² | 1 · 682 m² | 7.8 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
28-03
State Gazette act
Director changes
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
State Gazette actNBB filing
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2024
28-03-2024 Verbeke Maxim appointed as director
- Verbeke Maxim, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Verbeke Maxim",
"address": "8710 Wielsbeke, Rijksweg 321",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": "2024-02-01",
"evidence_quote": "Benoeming als bestuurder van de heer Verbeke Maxim wonende te 8710 Wielsbeke, Rijksweg 321 met ingang vanaf 01/02/2024.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-28",
"filing_date": null,
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-02-01",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0451.979.220",
"name_full": "VERMAX",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jurgen Verbeke",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
Wholesale of meat and meat products, excluding game and poultry46321Retail sale of meat and meat products, excluding game and poultry47221Wholesale of fruit and vegetables, excluding potatoes46319Wholesale trade46381Retail sale of bread and pastry (bakery outlets)47241Business and other management consultancy70200Business consulting70220
Names & trade names
| Legal nameNL | VERMAX |
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