VERMO
ActiveVERMO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €26k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 94% of 3101 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-49
Solvency100▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 5.98 against 1.63 in 2024), and 9.2% 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○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
90.8%
Return on assets
8.4%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €282k
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 13-03-2026, 140 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
140 d early
2024
29 d late
2023
on the day
2022
31 d late
2021
31 d late
2020
1 d early
2019
6 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€282k▲ 10.2%
2024 · €255k
2018: €247k
2019: €241k
2020: €325k
2021: €336k
2022: €196k
2023: €207k
2024: €255k
2018 → 2025
Total assets
€310k▼ 20.5%
2024 · €390k
2018: €579k
2019: €530k
2020: €592k
2021: €666k
2022: €610k
2023: €476k
2024: €390k
2018 → 2025
Net result
€26k▼ 46.5%
2024 · €49k
2018: €-93k
2019: €-6k
2020: €84k
2021: €11k
2022: €-39k
2023: €10k
2024: €49k
2018 → 2025
Working capital
€142k▲ 66.9%
2024 · €85k
2018: €37k
2019: €32k
2020: €129k
2021: €126k
2022: €2k
2023: €25k
2024: €85k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€336k-€196k▼ 41.5%€207k▲ 5.3%€255k▲ 23.5%€282k▲ 10.2%
Operating result€16k-€-35k€18k€62k▲ 244%€40k▼ 34.8%
Net result€11k-€-39k€10k€49k▲ 364%€26k▼ 46.5%
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 falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€140k▼ 18.0%
Current assets
€170k▼ 22.5%
Equity and liabilities €310k
Equity
€282k▲ 10.2%
Debt
€28k▼ 78.9%
The debt ratio falls from 34.5% to 9.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€48k▼
2024 · €84k
Cash flow
€33k▼
2024 · €71k
Solvency
90.8%▲
2024 · 65.5%
Current ratio
5.98▲
2024 · 1.63
Quick ratio
5.98▲
2024 · 1.45
Debt / equity
0.10▼
2024 · 0.53
ROE
9.2%▼
2024 · 19.1%
ROA
8.4%▼
2024 · 12.5%
Interest coverage
8.98▼
2024 · 10.02
Debt
€28k▼
2024 · €134k
Debt ≤ 1 year
€28k▼
2024 · €134k
Income taxes
€10k▲
2024 · €6k
Staff costs
€68k▼
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€390k€310k▼
Fixed assets21/28€171k€140k▼
Tangible fixed assets22/27€171k€140k▼
Land and buildings22€145k€140k▼
Plant, machinery and equipment23€1k€380▼
Furniture and vehicles24€24k€0▼
Current assets29/58€219k€170k▼
Stocks and contracts in progress3€25k€0▼
Stocks30/36€25k€0▼
Amounts receivable within one year40/41€117k€92k▼
Trade receivables40€104k€28k▼
Other amounts receivable41€13k€64k▲
Cash at bank and in hand54/58€70k€72k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€390k€310k▼
Equity10/15€255k€282k▲
Contributions10/11€62k€62k=
Reserves13€193k€220k▲
Distributable reserves133€193k€220k▲
Amounts payable17/49€134k€28k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€134k€28k▼
Current portion of amounts payable after more than one year42€61k€0▼
Trade debts44€32k€4k▼
Suppliers440/4€32k€4k▼
Taxes, remuneration and social security45€37k€19k▼
Taxes450/3€10k€14k▲
Remuneration and social security454/9€26k€5k▼
Other amounts payable47/48€5k€5k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€8k
Remuneration, social security and pensions62€125k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€7k▼
Other operating charges640/8€41k€13k▼
Non-recurring operating charges66A-€7k
Gross operating margin9900€249k€136k▼
Operating profit (loss)9901€62k€40k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€55k€36k▼
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€49k€26k▼
Profit (loss) for the period to be appropriated9905€49k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€26k▼
Transfer from equity791/2€0-
Transfer to equity691/2€49k€26k▼
To other reserves6921€49k€26k▼
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
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 5.98
Current ratio from 1.63 to 5.98; short-term debt falls from €134k to €28k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Equity above €200kEq €207k ▲5.3%
Equity rises from €196k to €207k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €84k
Net result €84k after 2 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waasmunster · 1 establishment unit since 1984
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.
Belselestraat 149250 WaasmunsterGround area
1,855 m²
Building footprint
215 m²
Volume, LiDAR
1,038 m³
Parcel 42342C1536/00R000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERMO
since 19842.023.740.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42342C1536/00R000 | Flanders | 1,855 m² | 1 · 215 m² | 8.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaasmunster2.023.740.989
Similar companies · same sector, comparable size
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IMMO LAVRIJSEN
BE 0460.744.951
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HAYEN EN PLEVOETS
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Riveroeule
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Le Roeulx · Eq €277k
Of 5,163 companies in sector 01110 we hold annual accounts for 611. 499 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-1983
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
01121
01130Growing of vegetables, melons, roots and tubers
01199Crop and animal production, hunting and related service activities
01430Raising of horses and other equines
01620Support activities for animal production
47210Retail sale of fruit and vegetables
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.