VERMEERSCH BERNARD
ActiveVERMEERSCH BERNARD has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 509 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-25
Solvency29▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 0.92 in 2023; short-term debt: 82.5% and cash: 1.4% of total assets), and 95.8% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
4.2%
Return on assets
1.1%
Age of the figures
24 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 509 sector peers (2024).
NBB · sector comparisonPosition among 509 sector peers
Solvency
better than 12%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 145 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
28 d early
2022
2 d early
2021
1 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€41k▲ 33.3%
2023 · €31k
2018: €26k
2019: €168k
2020: €200k
2021: €90k
2022: €44k
2023: €31k
2018 → 2024
Total assets
€964k▲ 0.7%
2023 · €958k
2018: €679k
2019: €1.00M
2020: €982k
2021: €839k
2022: €840k
2023: €958k
2018 → 2024
Net result
€10k
2023 · €-13k
2018: €41k
2019: €49k
2020: €33k
2021: €-110k
2022: €-46k
2023: €-13k
2018 → 2024
Working capital
€39k
2023 · €-61k
2018: €48k
2019: €99k
2020: €150k
2021: €22k
2022: €-35k
2023: €-61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€200k-€90k▼ 55.0%€44k▼ 51.1%€31k▼ 30.5%€41k▲ 33.3%
Operating result€50k-€-97k€-35k▲ 63.6%€-5k▲ 86.8%€39k
Net result€33k-€-110k€-46k▲ 58.3%€-13k▲ 70.8%€10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €39k after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €964k
Fixed assets
€129k▼ 57.0%
Current assets
€835k▲ 26.9%
Equity and liabilities €964k
Equity
€41k▲ 33.3%
Debt
€923k▼ 0.4%
The debt ratio falls from 96.8% to 95.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€74k▲
2023 · €52k
Cash flow
€46k▲
2023 · €43k
Solvency
4.2%▲
2023 · 3.2%
Current ratio
1.05▲
2023 · 0.92
Quick ratio
0.73▲
2023 · 0.30
Debt / equity
22.63▼
2023 · 30.30
ROE
25.0%▲
2023 · -43.9%
ROA
1.1%▲
2023 · -1.4%
Interest coverage
2.55▼
2023 · 5.87
Debt
€923k▼
2023 · €927k
Debt ≤ 1 year
€796k▲
2023 · €719k
Debt > 1 year
€122k▼
2023 · €196k
Staff costs
€101k▼
2023 · €166k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€958k€964k▲
Fixed assets21/28€300k€129k▼
Tangible fixed assets22/27€297k€126k▼
Land and buildings22€197k€0▼
Plant, machinery and equipment23€97k€122k▲
Furniture and vehicles24€4k€4k▲
Financial fixed assets28€3k€3k=
Current assets29/58€658k€835k▲
Stocks and contracts in progress3€442k€256k▼
Stocks30/36€442k€256k▼
Amounts receivable within one year40/41€186k€565k▲
Trade receivables40€186k€564k▲
Other amounts receivable41€888€2k▲
Cash at bank and in hand54/58€10k€14k▲
Deferred charges and accrued income490/1€20k€0▼
Equity and liabilities
Total equity and liabilities10/49€958k€964k▲
Equity10/15€31k€41k▲
Contributions10/11€112k€112k=
Reserves13€45k€45k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-126k€-116k▲
Amounts payable17/49€927k€923k▼
Amounts payable after more than one year17€196k€122k▼
Financial debts170/4€196k€122k▼
Amounts payable within one year42/48€719k€796k▲
Current portion of amounts payable after more than one year42€42k€19k▼
Financial debts43€106k€306k▲
Credit institutions430/8€100k€300k▲
Other loans439€6k€6k=
Trade debts44€394k€344k▼
Suppliers440/4€394k€344k▼
Taxes, remuneration and social security45€28k€9k▼
Taxes450/3€28k€9k▼
Other amounts payable47/48€150k€118k▼
Accrued charges and deferred income492/3€13k€6k▼
Income statement
Code20232024
Non-recurring operating income76A€0€28k▲
Remuneration, social security and pensions62€166k€101k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€35k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-6k▼
Other operating charges640/8€11k€2k▼
Non-recurring operating charges66A€4k€6k▲
Gross operating margin9900€232k€178k▼
Operating profit (loss)9901€-5k€39k▲
Financial income75/76B€63€263▲
Recurring financial income75€63€263▲
Financial charges65/66B€9k€29k▲
Recurring financial charges65€9k€29k▲
Profit (loss) for the period before taxes9903€-13k€10k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-13k€10k▲
Profit (loss) for the period to be appropriated9905€-13k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-126k€-116k▲
Profit (loss) brought forward from the previous period14P€-113k€-126k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-110k ▼436%
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €200k ▲19%
3 profitable years in a row build equity to €200k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €49k ▲19.1%
Operating result €80k, net result €49k, both a record.
30-09
Financial
Equity above €150kEq €168k ▲557%
2 profitable years in a row build equity to €168k.
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Ardooie · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Zwevezeelsestraat 118851 ArdooieGround area
5,196 m²
Building footprint
308 m²
Volume, LiDAR
1,806 m³
Parcel 37005A0299/00H000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oude Zwevezeelsestraat 11-13, 8851 Ardooie
since 20112.200.388.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37005A0299/00H000 | Flanders | 5,196 m² | 1 · 308 m² | 10.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 197 EUR awarded · 197 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 197 EUR | 197 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ELFA
BE 0821.756.284
Berlare · Eq €43k
POUWELS MB TECHNOLOGY
BE 0684.673.609
Verviers · Eq €91k
PONDUS
BE 0442.021.872
Kontich · Eq €123k
VG Machines
BE 0630.925.216
Kuurne · Eq €314k
Of 22 companies in sector 28420 we hold annual accounts for 15. 4 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2011
Fiscal year end30-09
Activities, NACEBEL
28420Manufacture of machinery and equipment not elsewhere classified
43990Other specialised construction activities
43999Specialised construction activities
01610Support activities for crop production
46712Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.