Turnover
The micro format states no turnover.
The micro format states no turnover.
Higher net result than 93% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 56, micro). It does better than 62% of them on solvency, 70% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 11,279 companies had the same profile as VERMOVAN has now. Each dot stands for 29 companies, two years later.
The bankruptcy probability of VERMOVAN itself is higher: 1.6% within 12 months. It rests on far more data about VERMOVAN than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 11,279 companies, not a prediction for VERMOVAN. 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.
Liquidity is insufficient, with a current ratio of 0.68, below 1. Short-term debt is 56.4% and cash 35.6% of total assets. 56.4% of the assets are financed with debt and provisions.
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.
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
This company was founded 50 days after the bankruptcy of FREVELO. VERMOERE Melissa sat on both boards.
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
| Company | ||||
|---|---|---|---|---|
| VERMOVAN Waregem | €175,079 | €101,895 | 43.6% | - |
| Brussels Lighthouses Molenbeek-Saint-Jean | €206,598 | €87,916 | 28.1% | - |
| Da Gianni Kortrijk | €162,685 | €103,544 | 44.7% | - |
| Jonik PH Bruges | €150,484 | €131,175 | 30.2% | 3.1 |
| PIZZA SERVICE DIKSMUIDE Diksmuide | €139,257 | €105,276 | 26.8% | - |
| BREAKFAST DE DECKER Bruges | €181,639 | €123,222 | 34.0% | - |
| Blancquaert Snacks Berlare | €210,417 | €101,229 | 17.9% | - |
These companies have the same main activity as VERMOVAN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €139,000 and €210,000, founded between 2024 and 2025.
The computed 12-month bankruptcy probability of VERMOVAN is 1.6% (moderate). The 2025 annual accounts show equity of €76,375 and a net result of €71,375.
Its solvency ranks better than 62% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
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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