VERMILUX
ActiveVERMILUX has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €488k and a net result of €132k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-7
Solvency82▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 5.68 in 2024; short-term debt: 12.7% and cash: 27.7% of total assets), and 42.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.3%
Return on assets
15.5%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
6 d early
2023
29 d late
2022
61 d late
2021
31 d late
2020
90 d late
2019
110 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€488k▲ 15.8%
2024 · €422k
2018: €1.11M
2019: €1.22M
2020: €1.13M
2021: €1.15M
2022: €1.23M
2023: €1.19M
2024: €422k
2018 → 2025
Total assets
€852k▲ 12.4%
2024 · €758k
2018: €1.45M
2019: €1.58M
2020: €1.62M
2021: €1.53M
2022: €1.65M
2023: €1.69M
2024: €758k
2018 → 2025
Net result
€132k▼ 18.0%
2024 · €161k
2018: €173k
2019: €111k
2020: €88k
2021: €89k
2022: €130k
2023: €131k
2024: €161k
2018 → 2025
Working capital
€285k▼ 20.8%
2024 · €360k
2018: €916k
2019: €986k
2020: €583k
2021: €543k
2022: €620k
2023: €636k
2024: €360k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.15M-€1.23M▲ 7.2%€1.19M▼ 3.5%€422k▼ 64.4%€488k▲ 15.8%
Operating result€119k-€167k▲ 40.6%€171k▲ 2.3%€241k▲ 40.7%€198k▼ 17.7%
Net result€89k-€130k▲ 46.7%€131k▲ 0.5%€161k▲ 23.0%€132k▼ 18.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €852k
Fixed assets
€459k▲ 42.7%
Current assets
€393k▼ 9.9%
Equity and liabilities €852k
Equity
€488k▲ 15.8%
Provisions
€223k▼ 0.8%
Debt
€141k▲ 26.1%
The debt ratio rises from 14.8% to 16.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€235k▼
2024 · €274k
Cash flow
€168k▼
2024 · €193k
Solvency
57.3%▲
2024 · 55.6%
Current ratio
3.62▼
2024 · 5.68
Quick ratio
3.62▼
2024 · 5.68
Debt / equity
0.29▲
2024 · 0.27
ROE
27.0%▼
2024 · 38.1%
ROA
15.5%▼
2024 · 21.2%
Interest coverage
832.23▼
2024 · 6922.55
Debt
€141k▲
2024 · €112k
Debt ≤ 1 year
€109k▲
2024 · €77k
Income taxes
€68k▼
2024 · €82k
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€758k€852k▲
Fixed assets21/28€322k€459k▲
Tangible fixed assets22/27€322k€459k▲
Land and buildings22-€173k
Plant, machinery and equipment23€957€299▼
Furniture and vehicles24€9k€3k▼
Leasing and similar rights25€312k€283k▼
Financial fixed assets28€50€50=
Current assets29/58€437k€393k▼
Amounts receivable after more than one year29€175k€105k▼
Other amounts receivable291€175k€105k▼
Amounts receivable within one year40/41€46k€52k▲
Trade receivables40€34k€38k▲
Other amounts receivable41€12k€14k▲
Cash at bank and in hand54/58€215k€236k▲
Equity and liabilities
Total equity and liabilities10/49€758k€852k▲
Equity10/15€422k€488k▲
Contributions10/11€46k€46k=
Reserves13€235k€302k▲
Tax-exempt reserves132€6k€3k▼
Distributable reserves133€229k€299k▲
Profit (loss) carried forward14€140k€140k=
Provisions and deferred taxes16€224k€223k▼
Provisions for liabilities and charges160/5€204k€204k=
Pensions and similar obligations160€204k€204k=
Deferred taxes168€21k€19k▼
Amounts payable17/49€112k€141k▲
Amounts payable within one year42/48€77k€109k▲
Trade debts44€9k€13k▲
Suppliers440/4€9k€13k▲
Taxes, remuneration and social security45€37k€64k▲
Taxes450/3€37k€64k▲
Other amounts payable47/48€31k€31k▲
Accrued charges and deferred income492/3€35k€33k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€36k▲
Other operating charges640/8€5k€9k▲
Gross operating margin9900€279k€244k▼
Operating profit (loss)9901€241k€198k▼
Financial charges65/66B€40€282▲
Recurring financial charges65€40€282▲
Profit (loss) for the period before taxes9903€241k€198k▼
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€82k€68k▼
Profit (loss) for the period9904€161k€132k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€164k€135k▼
Appropriation of the result
Profit (loss) to be appropriated9906€304k€275k▼
Profit (loss) brought forward from the previous period14P€140k€140k=
Transfer from equity791/2-€65k
Transfer to equity691/2€164k€135k▼
To other reserves6921€164k€135k▼
Profit to be distributed694/7-€65k
Return on contributions (dividend)694-€65k
The notes to these accounts (10 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €88k ▼20.6%
Net result drops to €88k, the lowest in the series; recovery starts the following year.
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
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, Aubange · 1 establishment unit since 2003
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.
A La Fache - RACHECOURT 116792 Aubange1 establishment unit
Rue du Haut - RACHECOURT 218, 6792 Aubange
since 20032.126.907.419
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,047 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2003
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
01610Support activities for crop production
47783Retail trade
47784Retail trade
52488
71111Activities of building architects
74201Photography, excluding press photography
74700
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vermilux@skynet.be