VERNO
ActiveVERNO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €656k and a net result of €159k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 7912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
64
/ 100
Healthy▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+74
Solvency42▲+10
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.44 against 0.39 in 2024), and 66.2% 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+raises risk○neutral
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
33.8%
Return on assets
8.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
28 d early
2023
5 d early
2022
3 d early
2021
31 d late
2020
2 d early
2019
28 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€656k▲ 10.3%
2024 · €594k
2018: €262k
2019: €357k
2020: €540k
2021: €605k
2022: €670k
2023: €647k
2024: €594k
2018 → 2025
Total assets
€1.94M▼ 8.1%
2024 · €2.11M
2018: €1.45M
2019: €1.42M
2020: €1.45M
2021: €1.53M
2022: €1.46M
2023: €2.22M
2024: €2.11M
2018 → 2025
Net result
€159k▲ 407%
2024 · €31k
2018: €69k
2019: €98k
2020: €184k
2021: €146k
2022: €65k
2023: €-22k
2024: €31k
2018 → 2025
Working capital
€-168k▲ 31.1%
2024 · €-243k
2018: €-64k
2019: €-165k
2020: €-7k
2021: €-121k
2022: €-82k
2023: €648k
2024: €-243k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€605k-€670k▲ 10.7%€647k▼ 3.4%€594k▼ 8.2%€656k▲ 10.3%
Operating result€207k-€98k▼ 52.7%€-9k€64k€52k▼ 18.8%
Net result€146k-€65k▼ 55.3%€-22k€31k€159k▲ 407%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets
€1.81M▼ 7.4%
Current assets
€129k▼ 16.3%
Equity and liabilities €1.94M
Equity
€656k▲ 10.3%
Debt
€1.28M▼ 15.3%
The debt ratio falls from 71.8% to 66.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€221k▼
2024 · €226k
Cash flow
€329k▲
2024 · €194k
Solvency
33.8%▲
2024 · 28.2%
Current ratio
0.44▲
2024 · 0.39
Quick ratio
0.21▲
2024 · 0.20
Debt / equity
1.96▼
2024 · 2.55
ROE
24.3%▲
2024 · 5.3%
ROA
8.2%▲
2024 · 1.5%
Interest coverage
3.51▼
2024 · 3.85
Debt
€1.28M▼
2024 · €1.52M
Debt ≤ 1 year
€297k▼
2024 · €398k
Debt > 1 year
€983k▼
2024 · €1.12M
Income taxes
€26k▲
2024 · €3k
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€2.11M€1.94M▼
Fixed assets21/28€1.96M€1.81M▼
Tangible fixed assets22/27€1.96M€1.81M▼
Land and buildings22€1.81M€1.71M▼
Plant, machinery and equipment23€136k€91k▼
Furniture and vehicles24€13k€10k▼
Financial fixed assets28€670€670=
Current assets29/58€154k€129k▼
Stocks and contracts in progress3€74k€67k▼
Stocks30/36€74k€67k▼
Amounts receivable within one year40/41€63k€46k▼
Trade receivables40€7k€8k▲
Other amounts receivable41€56k€38k▼
Cash at bank and in hand54/58€7k€7k▲
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.11M€1.94M▼
Equity10/15€594k€656k▲
Contributions10/11€37k€37k=
Reserves13€557k€619k▲
Distributable reserves133€557k€619k▲
Profit (loss) carried forward14€31€31=
Amounts payable17/49€1.52M€1.28M▼
Amounts payable after more than one year17€1.12M€983k▼
Financial debts170/4€1.12M€983k▼
Amounts payable within one year42/48€398k€297k▼
Current portion of amounts payable after more than one year42€143k€136k▼
Financial debts43€200k-
Credit institutions430/8€200k-
Trade debts44€46k€63k▲
Suppliers440/4€46k€63k▲
Taxes, remuneration and social security45€5k€11k▲
Taxes450/3€5k€11k▲
Other amounts payable47/48€4k€87k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€511-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€162k€170k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€12k€11k▼
Non-recurring operating charges66A€484€614▲
Gross operating margin9900€241k€233k▼
Operating profit (loss)9901€64k€52k▼
Financial income75/76B€29k€197k▲
Recurring financial income75€29k€197k▲
Financial charges65/66B€59k€63k▲
Recurring financial charges65€59k€63k▲
Profit (loss) for the period before taxes9903€35k€185k▲
Transfer from deferred taxes780€103-
Income taxes67/77€3k€26k▲
Profit (loss) for the period9904€31k€159k▲
Profit (loss) for the period to be appropriated9905€31k€159k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€159k▲
Profit (loss) brought forward from the previous period14P€31€31=
Transfer from equity791/2€84k€98k▲
Transfer to equity691/2€31k€159k▲
To other reserves6921€31k€159k▲
Profit to be distributed694/7€84k€98k▲
Return on contributions (dividend)694€84k€98k▲
The notes to these accounts (20 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-22k ▼134%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.08
Current ratio from 0.70 to 3.08.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €184k ▲87.9%
Operating result €226k, net result €184k, both a record.
31-12
Financial
Equity above €500kEq €540k ▲51.2%
3 profitable years in a row build equity to €540k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-11-2023
Steven Verhelle: Resigned as Director
01-11-2018
Verkest Lien: Resigned as Manager
Location & real-estate footprint
Registered office, Pittem · 2 establishment units since 1998
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.
Muizelaarstraat 27B8740 PittemGround area
4,022 m²
Building footprint
337 m²
Volume, LiDAR
1,558 m³
3 parcels, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Ysselbosstraat 7, 8870 Izegem
since 19982.086.684.190
Muizelaarstraat 27, 8740 Pittem
since 20182.271.357.839
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36009B0304/00F000 | Flanders | 2,704 m² | 1 · 165 m² | 8.8 m · 1 fl. |
| 37011D1174/00G000 | Flanders | 1,111 m² | 1 · 172 m² | 7.4 m · 1 fl. |
| 37011D1145/00K000 | Flanders | 207 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 116,612 EUR awarded · 116,612 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 98,287 EUR | 98,287 EUR |
| 2024 | 1 | 13,000 EUR | 13,000 EUR |
| 2023 | 1 | 5,325 EUR | 5,325 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 sitePittem2.271.357.839
Similar companies · same sector, comparable size
RUTOMA
BE 0444.973.642
Jabbeke · Eq €648k
POMUNI SOURCING
BE 0420.300.802
Ranst · Eq €671k
Q-FRESH
BE 0643.574.214
Roeselare · Eq €640k
DIRILIS 42
BE 0673.731.019
Anderlecht · Eq €638k
COFRUSE
BE 0431.730.766
Brussel · Eq €636k
Of 949 companies in sector 46319 we hold annual accounts for 603. 426 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-1998
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
51310
01121
01122
01130Growing of vegetables, melons, roots and tubers
01191Growing of flowers
46220Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.