VERMEERSCH LUC
ActiveVERMEERSCH LUC has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €-56k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 34% of 7391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-2
Solvency54▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.18 in 2024; short-term debt: 68% and cash: 16.5% of total assets), and 71.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
-25.9%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-56k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
16 d early
2023
1 d early
2022
5 d early
2021
61 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▼ 47.5%
2024 · €119k
2018: €162k
2019: €170k
2020: €173k
2021: €172k
2022: €190k
2023: €172k
2024: €119k
2018 → 2025
Total assets
€217k▼ 39.1%
2024 · €357k
2018: €492k
2019: €529k
2020: €477k
2021: €468k
2022: €474k
2023: €470k
2024: €357k
2018 → 2025
Net result
€-56k▼ 4.3%
2024 · €-54k
2018: €3k
2019: €9k
2020: €3k
2021: €-1k
2022: €19k
2023: €-18k
2024: €-54k
2018 → 2025
Working capital
€-3k
2024 · €40k
2018: €19k
2019: €36k
2020: €31k
2021: €44k
2022: €77k
2023: €71k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€172k-€190k▲ 10.8%€172k▼ 9.4%€119k▼ 31.3%€62k▼ 47.5%
Operating result€16k-€32k▲ 97.2%€-3k€-23k▼ 624%€-45k▼ 97.3%
Net result€-1k-€19k€-18k€-54k▼ 202%€-56k▼ 4.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €45k in 2025 against €23k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€72k▼ 26.4%
Current assets
€145k▼ 43.9%
Equity and liabilities €217k
Equity
€62k▼ 47.5%
Debt
€155k▼ 34.9%
The debt ratio rises from 66.8% to 71.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2024 · €7k
Cash flow
€-27k▼
2024 · €-24k
Solvency
28.6%▼
2024 · 33.2%
Current ratio
0.98▼
2024 · 1.18
Quick ratio
0.54▼
2024 · 0.75
Debt / equity
2.49▲
2024 · 2.01
ROE
-90.3%▼
2024 · -45.5%
ROA
-25.9%▼
2024 · -15.1%
Interest coverage
-1.34▼
2024 · 0.23
Debt
€155k▼
2024 · €238k
Debt ≤ 1 year
€148k▼
2024 · €219k
Income taxes
€179▲
2024 · €2
Staff costs
€60k▼
2024 · €125k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€357k€217k▼
Fixed assets21/28€98k€72k▼
Tangible fixed assets22/27€98k€72k▼
Land and buildings22€70k€50k▼
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24-€663
Leasing and similar rights25€18k€13k▼
Current assets29/58€259k€145k▼
Stocks and contracts in progress3€95k€66k▼
Stocks30/36€26k€31k▲
Contracts in progress37€69k€35k▼
Amounts receivable within one year40/41€141k€37k▼
Trade receivables40€134k€31k▼
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€16k€36k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€357k€217k▼
Equity10/15€119k€62k▼
Contributions10/11€35k€35k=
Reserves13€25k€25k=
Tax-exempt reserves132€25k€25k=
Profit (loss) carried forward14€59k€3k▼
Amounts payable17/49€238k€155k▼
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€219k€148k▼
Current portion of amounts payable after more than one year42€6k€4k▼
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€21k€21k▲
Suppliers440/4€21k€21k▲
Taxes, remuneration and social security45€6k€739▼
Taxes450/3€3k€176▼
Remuneration and social security454/9€3k€562▼
Other amounts payable47/48€136k€71k▼
Accrued charges and deferred income492/3€15k€7k▼
Income statement
Code20242025
Non-recurring operating income76A-€681
Remuneration, social security and pensions62€125k€60k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€29k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€137k€49k▼
Operating profit (loss)9901€-23k€-45k▼
Financial income75/76B€581€187▼
Recurring financial income75€581€187▼
Financial charges65/66B€32k€12k▼
Recurring financial charges65€32k€12k▼
Profit (loss) for the period before taxes9903€-54k€-56k▼
Income taxes67/77€2€179▲
Profit (loss) for the period9904€-54k€-56k▼
Profit (loss) for the period to be appropriated9905€-54k€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€3k▲
Profit (loss) brought forward from the previous period14P€807€59k▲
Transfer from equity791/2€112k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wevelgem · 1 establishment unit since 1989
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.
Wittemolenstraat 888560 WevelgemGround area
865 m²
Building footprint
416 m²
Volume, LiDAR
984 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERMEERSCH LUC BVBA
since 19892.043.065.864
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029C0086/00L005 | Flanders | 452 m² | 1 · 169 m² | 8.8 m · 2 fl. |
| 34029C0086/00D003 | Flanders | 413 m² | 1 · 246 m² | - |
Linked by address, not proof of ownership
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.
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LENOIR
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K.V.G. CONSTRUCT
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EUROMAX
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Dilbeek · Eq €62k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 13,181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-1989
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.