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VERNECON

Active Private limited companyfounded 2015active for 11 yearsVarenstraat 2, 9910 AalterKBO/BCE: BE 0628.975.813
VERNECON
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Overview

Lifetime

6 annual accounts with figures on one time axis
peak €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 accounts

Equity

€726,121 ▲ 1.4%
715,8362024+75,285Profit-65,000Dividend726,1212025

VERNECON paid out €65,000 in dividends. That is 86% of the 2025 profit.

Turnover

≈ €270,000 estimated

The micro format states no turnover.

Investments

€75,704 2.9 × depreciation
202220232025

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
AprilJune31 JulyOctober202020222024

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 strength
Strong

100=equity 98.6% of total assets
91+7short-term debt 1.4% · cash 32.9%
82-6return on assets 10.2%

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
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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
lowers risk · Liquidity: current ratio 59.29, cash €242,110
NBB · annual accounts
lowers risk · Equity €726,121 (98.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 12-08-2026)
NBB · annual accounts
lowers risk · Size: total assets €736,463
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 filings
Deviation 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 months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VK
Verheye Kris
Director
Board & ownership

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
All 12 events

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
Company details

Annual accounts 2025

€134,320▼ 21.7%
€75,285▼ 33.2%
€726,121▲ 1.4%
€736,463▲ 0.1%
Filing
Filed on 06-08-2026
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 06-08-2026, 6 days late
€134,320
▼ 21.7%
€106,121
▼ 32.1%
€75,285
▼ 33.2%
€602,802
▼ 6.2%
98.6%
▲ 1.3 percentage points
59.29
▲ 25.43

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €270,000. Estimated: probably between €210,000 and €350,000.

Balance sheet

balance sheet total €736,463 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

98.6%

Higher than 95% of 11,794 companies in 2025.

59.29

Higher than 95% of 11,521 companies in 2025.

10.2%

Higher than 46% of 11,605 companies in 2025.

VERNECON Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 736,463735,391622,619586,289473,610394,012
21/28 123,31973,30461,14327,65238,25454,538
22/27 98,31948,30461,14327,65238,25454,538
23 2,307214434654-572
24 96,01248,09060,70926,99838,25453,966
28 25,00025,000----
29/58 613,144662,088561,475558,637435,356339,474
40/41 20,333111,06141,96883,90062,17166,707
40 20,32878,40820,32818,87618,15024,200
41 532,65321,64065,02444,02142,507
50/53 350,000350,000100,000100,000100,000-
54/58 242,110201,027419,507374,737273,185272,767
490/1 701-----
Balance sheet: equity and liabilities
10/49 736,463735,391622,619586,289473,610394,012
10/15 726,121715,836603,196562,072444,648349,622
10/11 18,60018,60018,60018,60018,60018,600
13 707,521697,236584,596543,472426,048331,022
133 707,521697,236584,596543,472426,048331,022
17/49 10,34219,55519,42224,21728,96244,390
42/48 10,34219,55519,42224,21728,96244,390
42 -00---
44 2,4338584,5762,05890025,568
440/4 2,4338584,5762,05890025,568
45 2,72817,89314,33121,44527,25218,822
450/3 2,72817,89314,33121,44527,25218,822
47/48 5,181804515714810-
Income statement
9900 134,320171,608158,236171,286166,72292,987
62 874332,708-387396
630 25,68812,84015,56211,26216,28420,161
640/8 2,4241,9894,1833,3811,8421,674
9901 106,121156,347135,783156,643148,20970,756
75/76B ----9810
75 ----9810
65/66B 158123104377115142
65 158123104377115142
9903 105,963156,223135,679156,266148,19270,624
67/77 30,67843,58342,55538,84253,16629,246
9904 75,285112,64093,124117,42495,02641,378
9905 75,285112,64093,124117,42495,02641,378
Appropriation of the result
9906 75,285112,64093,124117,42495,02641,378
791/2 65,000-52,000---
691/2 75,285112,64093,124117,42495,02641,378
6921 75,285112,64093,124117,42495,02641,378
694/7 65,000-52,000---
694 65,000-52,000---
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 06-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 6 days after the deadline. Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393464.

Financial year Type Filed Reference Document
31-12-2025 micro format 06-08-2026 2026-00393464 PDF
31-12-2024 micro format 23-08-2025 2025-00399575 PDF
31-12-2023 micro format 14-08-2024 2024-00347632 PDF
31-12-2022 micro format 28-08-2023 2023-00362285 PDF
31-12-2021 micro format 13-06-2022 2022-20059251 PDF
31-12-2020 micro format 31-08-2021 2021-60300010 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
131,809169,186151,345167,905164,49390,917
100,973125,480108,686128,686111,31061,539
75,70425,00049,05366001,017
41,083-218,48044,770101,552418-
602,802642,533542,053534,420406,394295,084
98.6%97.3%96.9%95.9%93.9%88.7%
59.2933.8628.9123.0715.037.65
0.010.030.030.040.070.13
10.4%15.7%15.4%20.9%21.4%11.8%
10.2%15.3%15.0%20.0%20.1%10.5%
over 100over 100over 100over 100over 100-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€75,704-€49,053€660-
Financial fixed assets-€25,000---
€25,688€12,840€15,562€11,262€16,284

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VERNECON

The operating result for 2025 is 32% lower than in 2024 and the lowest since 2020.

Debt's share of the balance-sheet total falls from 2.7% to 1.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2020
Verheye Kris
Director
appointed by deed of 30-12-2020 term without a fixed end
earlier manager, until 30-12-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Verheye Kris
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • Verheye Kris
    • Director, appointed by deed of 30-12-2020, still in office
    • Manager, until 30-12-2020

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 30-12-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Share issue ruleThe articles set how and by whom new shares are issued.
“Gewone meerderheid, alle aandeelhouders bij besluit algemene vergadering uitgifte”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June

Network & group

No group

VERNECON has no parent and no holdings in its annual accounts. Verheye Kris is the only director.

At the same address

Varenstraat 2, 9910 Aalter · 2 other companies
BUILDING ARCHITECTURE MANAGEMENT
registered office since 08-09-2003 · founded in 2003
 total assets €135,821 (2026)
0860.382.575
Verheye, Kris (sole trader)
establishment since 01-05-2023
 founded in 2023
0801.248.506

Earlier ties

ADM
via Kris Verheye, no longer at ADM · Director · deed of 06-02-2017
founded in 1998 · accounts filed late
 total assets €51,775 (2023)
Proximus NXT IT
via Kris Verheye, no longer at Proximus NXT IT · Director · deed of 25-10-2013
founded in 2010 · group Belgische Staat
 502 FTE (2025)

Board mandates elsewhere

1 board mandate
Board mandates of VERNECONVERNECON sits on their board1
Nomios Belgium
Managing director, Manager
Founded in 2008 · 18 FTE (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

12 events since 2015

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 6 days late
2025
Annual accounts 2024 filed PDFmicro format · 23 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0628975813
2024
Annual accounts 2023 filed PDFmicro format · 14 days late
2023
Annual accounts 2022 filed PDFmicro format · 28 days late
2022
Highest result from 2020 to 2025 net €117,424 ▲23.6% The operating result of €156,643 and the net result of €117,424 are both a record.
Equity above €500,000 equity €562,072 ▲26.4% With a profit in every financial year since 2020, equity grows to €562,072.
Annual accounts 2021 filed PDFmicro format · 48 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Change of role: Verheye Kris, from manager to directorLegal-form conversion: from limited partnership to private limited company · Director discharge: Verheye Kris (manager) · General meeting of 22-12-20207 points ▸
  • General meeting, 22-12-2020
  • Net-asset statement, 30-09-2020
  • Legal-form conversion, from limited partnership to private limited company
  • Director resignation, Verheye Kris (manager)
  • Director appointment, Verheye Kris
  • Director discharge, Verheye Kris (manager)
  • Registered office clause, Varenstraat 2, 9910 Aalter
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2015
First establishment Varenstraat 2, Aalter
Incorporation PDFpublished on 12-05-2015

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

VERNECON was incorporated on 28 April 2015.1 Total assets rose from €394,012 in 2020 to €736,463 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0628.975.813
VAT number
BE 0628.975.813
Peppol ID
0208:0628975813
Other Peppol ID
9925:BE0628975813
Legal form
Private limited company
Status
Active, normal situation
Founded
28-04-2015
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June
deed of 30-12-2020 (in Dutch)
Peppol
Reachable since 31-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VERNECON in Dutch
Name in the Peppol Directory
VERNECON GCV
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-12-2020 (in Dutch)

Activities

NACEBEL 2025
71113 Urban planning and landscape architecture main activity
Codes under NACEBEL 2008
71113 Architectural and engineering activities; technical testing and analysis main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Studie-,organisatie- en raadgevende diensten inzake financiële,fiscale,sociale of handelsaangelegenheden en advies in diverse…”
8 activities
  1. Studie-,organisatie- en raadgevende diensten inzake financiële,fiscale,sociale of handelsaangelegenheden en advies in diverse beleidsondersteunende domeinen zoals kwaliteit,veiligheid,preventie,milieu,strategie,lean,financieel en rapportering.
  2. Het beheer,het verwerven,de aan- de verkoop,het huren- en verhuren,de commissiehandel en vertegenwoordiging,de instandhouding en valorisatie van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen.
  3. Het uitvoeren van alle studies en onderzoek;het verrichten van marktonderzoek;promotie;raadgeving,prospectie;marketing;technisch,commercieel en administratief beheer en advies.
  4. Het beheer,het verwerven,de aan- en verkoop,het huren- en verhuren,de commissiehandel en vertegenwoordiging,de instandhouding en valorisatie van roerende goederen,de huurfinanciering,het leasing en in leasing geven van roerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen.
  5. Computerconsultancy-activiteiten.
  6. Overige diensten op het gebied van informatietechnologie en computer.
  7. Tussenhandelaar- commissionair van,vertegenwoordiging van,concessionaris van,consultant in de handel van ICT-oplossingen.
  8. Het uitvoeren van alle loonwerken in de ruimste zin van het woord en vooral gericht op land- en tuinbouwsector.
deed of 30-12-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Varenstraat 2 registered office 9910 Aalter 46180 Agents specialised in the wholesale of other particular products 29-04-2015 2.242.431.944

Buildings and parcels at the address

Ground area
3,141 m²
Buildings
196 m²
Volume, LiDAR
1,120 m³
Tallest building
8.7 m
Buildings to scale, each on its own parcel
196 m², 8.7 m 196 m², 8.7 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
44067B0335/00K0003,141 m² 1 · 196 m² 8.7 m · 2

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