Equity
€726,121 ▲ 1.4%
VERNECON paid out €65,000 in dividends. That is 86% of the 2025 profit.
VERNECON
Lifetime
6 annual accounts with figures on one time axispeak €171,608 (2024)
€134,320▼ 21.7%
peak €117,424 (2022)
€75,285▼ 33.2%
peak €726,121 (2025)
€726,121▲ 1.4%
€10,342▼ 47.1%
Board1 name since 2020
1 directorVerheye Kris
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Gross margin from €171,608 to €134,320Result from €112,640 to €75,285Dividend €65,000Debts from €19,555 to €10,342Investments €75,704
Key points
from the 2025 annual accountsTurnover
≈ €270,000 estimated
The micro format states no turnover.
Investments
€75,704 2.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 977.7% higher than in 2024.
Liquidity
59.29 was 33.86 in 2024
Short-term debts fell from €19,555 to €10,342.
Filings
6 annual accounts 5 late
The 2020 accounts came latest: 31 days after the end of the period.
Position in the sector
98.6%
Higher solvency than 95% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
Checked score
96
Excellent
Financially stronger than 66% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026highest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 59.29, cash €242,110
Equity €726,121 (98.6% of total assets)
Figures for financial year 2025 (filed on 12-08-2026)
Size: total assets €736,463
Calculation
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 71, micro). It does better than 87% of them on solvency, 83% on liquidity, 51% on profitability and 43% on growth.
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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as VERNECON has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of VERNECON itself: < 0.1% within 12 months.
Test of the method
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 17,811 companies, not a prediction for VERNECON. 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.
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 59.29 (33.86 in 2024), above the usual 1.5. Short-term debt is 1.4% and cash 32.9% of total assets. 1.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
6 days late
2024
23 days late
2023
14 days late
2022
28 days late
2021
48 days early
2020
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 9 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 15 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0628975813
Change of role: Verheye Kris, from manager to director
Legal-form conversion: from limited partnership to private limited company · Director discharge: Verheye Kris (manager) · General meeting of 22-12-2020 · Gazette deed
First establishment
Varenstraat 2, Aalter
Incorporation
published on 12-05-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERNECON Aalter | €736,463 | €134,320 | 98.6% | - |
| Bogiver Ghent | €677,260 | €115,816 | 34.3% | 0 |
| INFRAPLAN Zulte | €687,911 | €153,604 | 68.8% | - |
| TORGUN Aalter | €512,220 | €132,750 | 66.6% | - |
| ANTOINE DE BROUWER LANDSCAPING Damme | €629,263 | €137,069 | 30.8% | - |
| DM TUINCONCEPT Bekkevoort | €761,661 | €161,199 | 35.6% | - |
| RELIEFS Braine-le-Comte | €559,154 | €143,816 | 22.9% | - |
These companies have the same main activity as VERNECON: urban planning and landscape architecture (NACE 71113). They are comparable in size and age: total assets between €512,000 and €762,000, founded between 2011 and 2017.
Official details
Source: KBO- Status
- Active since 28-04-2015Normal situation
- Activity
- Urban planning and landscape architectureNACE 71113
- Establishment unit
- 2.242.431.9449910 Aalter, since 29-04-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2025
Insights on VERNECON
VERNECON files the micro format. That format states no turnover. The gross margin rose from €92,987 in 2020 to €134,320 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VERNECON
- What is the company number of VERNECON?
- The company number of VERNECON is 0628.975.813. The VAT number is the same number with BE in front: BE 0628.975.813.
- Where is VERNECON based?
- The registered office is at Varenstraat 2, 9910 Aalter.Company details
- What does VERNECON do?
- According to the KBO register, the main activity is urban planning and landscape architecture (NACE 71113).
- What is the legal form of VERNECON?
- VERNECON is a private limited company (BV).
- When was VERNECON founded?
- VERNECON was founded on 28-04-2015.
- Is VERNECON still active?
- Yes, VERNECON is an active enterprise in the KBO register.
- What is the turnover of VERNECON?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €134,320 and 36 comparable companies (NACE 711). It probably lies between €210,000 and €350,000.Financials
- Is VERNECON profitable?
- In financial year 2025, VERNECON made a profit of €75,285.
- Where can I find the annual accounts of VERNECON?
- VERNECON filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERNECON due?
- VERNECON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.