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VERMO

Active
Public limited companyfounded 1989active for 37 yearsGudrunstraat 14, 8830 Hooglede, BelgiumKBO/BCE: BE 0436.471.096
Summary

VERMO has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €272,644. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 821 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of basic metals NACE 24420
#4 oldest company in Hooglede, Manufacturing sector1 site
Size
€3.5mtotal assets 2025
Staff
18.7 FTE
Equity
€1.3m
Profit
€272,644
Net result -59%: other schema
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
SANDSTRA · 100%
Accounts filed 46 days late0 of 5 deeds read
Why 84raises riskLatest accounts 46 days late; 2 of the last 3 lateSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1989Size: 18.7 FTE, total assets €3.5mShow the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Strong
Solvency 62+3
equity 36.7% of total assets
Liquidity 40+9
short-term debt 40.9% · cash 7.7%
Profitability 79-15
return on assets 7.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (746 companies, NACE 25, small)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▲ +0.4 percentage points vs 08-2025 10-2025: 2.5%▲ +0.5 percentage points vs 09-2025highest value 11-2025: 0.5%▼ -2.0 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 0.4%▼ -0.8 percentage points vs 09-2026lowest value
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.56, compared with 1.71 in 2024; short-term debt: 40.9% and cash: 7.7% of total assets), but 63.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small): better than 41% on solvency, 40% on liquidity, 71% on profitability and 79% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 46 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1989
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Size: 18.7 FTE, total assets €3.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.3m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
46 days late
2024
61 days late
2023
28 days late
2022
24 days late
2021
31 days late
2020
26 days late
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Highest result from 2018 to 2025net €657,571 ▲18.2%

Key points

  • Caution: Result fell in 2025different schema filed ▼ 58.5% View
  • Positive: Oldest company in Hooglede, Manufacturing sectorin the Checked rankings #4 View
  • Positive: 8 profitable years in a rowprofit 2025: €272,644 8 years View
  • Controlled by SANDSTRA 100% View
  • Flemish supportawarded 2022 - 2025 €387,984 View

By topic

Financials

Financial year
2025
Total assets
€3.5m
Profit
€272,644
Solvency
36.7%
Total assets▲ 6.6%
Net result
20182025
Go to Financials

Timeline

Events
43
Since
1990
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €1m
  2. 28-08-2024Annual accounts filed
  3. 31-12-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
12-01-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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