Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The micro format states no turnover.
Five of the last ten came late. The 2021 accounts came latest: 38 days after the end of the period.
In July 2024, 12,322 companies had the same profile as VERMINNEN has now. Each dot stands for 31 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for VERMINNEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VERMINNEN Deinze | €350,709 | €23,328 | 42.9% | - |
| POWERTONE Bonheiden | €407,881 | €28,214 | 53.7% | - |
| Marino Music Awans | €348,609 | €42,791 | 77.3% | - |
| P & G Video Nazareth-De Pinte | €234,936 | €34,939 | 80.0% | - |
| DAYLIGHT Ghent | €301,210 | €44,870 | 86.7% | - |
| Atelier JPLX - ARCHITECTUUR - URBANISME - SCULPTUUR Mechelen | €508,233 | €27,668 | 83.5% | - |
| COBRA FILMS Brussels | €250,663 | €14,522 | 70.5% | - |
These companies have the same main activity as VERMINNEN: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €235,000 and €508,000, founded between 1974 and 1991.
VERMINNEN files the micro format. That format states no turnover. The gross margin rose from €13,556 in 2006 to €23,328 in 2025.
The balance sheet grew most from 2010 to 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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