VERO 5
Open bankruptcyA bankruptcy procedure is open for VERO 5 according to publications in the Belgian State Gazette; curator: PETER VERCRAEYE. The 2023 annual accounts show equity of €35k and a net result of €2k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 23-05-2024, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
23 d late
2022
47 d early
2021
33 d early
2020
11 d late
2019
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€35k▲ 4.6%
2022 · €33k
2018: €11k
2019: €19k
2020: €37k
2021: €40k
2022: €33k
2018 → 2023
Total assets
€67k▲ 9.4%
2022 · €61k
2018: €19k
2019: €29k
2020: €56k
2021: €52k
2022: €61k
2018 → 2023
Net result
€2k
2022 · €-7k
2018: €-5k
2019: €8k
2020: €18k
2021: €3k
2022: €-7k
2018 → 2023
Working capital
€31k▲ 4.0%
2022 · €30k
2018: €6k
2019: €23k
2020: €34k
2021: €37k
2022: €30k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€19k-€37k▲ 94.1%€40k▲ 8.4%€33k▼ 16.9%€35k▲ 4.6%
Operating result€10k-€20k▲ 103%€5k▼ 75.3%€140▼ 97.2%€6k▲ 4,302%
Net result€8k-€18k▲ 115%€3k▼ 82.6%€-7k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 4,302% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €67k
Fixed assets
€4k▲ 9.5%
Current assets
€63k▲ 9.4%
Equity and liabilities €67k
Equity
€35k▲ 4.6%
Debt
€32k▲ 15.2%
The debt ratio rises from 45.2% to 47.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▲
2022 · €392
Cash flow
€2k▲
2022 · €-7k
Solvency
52.4%▼
2022 · 54.8%
Current ratio
1.97▼
2022 · 2.08
Quick ratio
1.97▼
2022 · 2.08
Debt / equity
0.91▲
2022 · 0.82
ROE
4.4%▲
2022 · -20.3%
ROA
2.3%▲
2022 · -11.1%
Interest coverage
1.85▲
2022 · 0.07
Debt
€32k▲
2022 · €28k
Debt ≤ 1 year
€32k▲
2022 · €28k
Income taxes
€609
Staff costs
€34k▼
2022 · €48k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€61k€67k▲
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€982€1k▲
Plant, machinery and equipment23€982€1k▲
Financial fixed assets28€3k€3k=
Current assets29/58€57k€63k▲
Amounts receivable within one year40/41€54k€62k▲
Trade receivables40€17k€4k▼
Other amounts receivable41€38k€58k▲
Cash at bank and in hand54/58€481€556▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€61k€67k▲
Equity10/15€33k€35k▲
Contributions10/11€19k€19k=
Reserves13€1k€16k▲
Non-distributable reserves130/1€1k€2k▲
Reserves not available under the articles1311€1k€2k▲
Distributable reserves133-€14k
Profit (loss) carried forward14€14k-
Amounts payable17/49€28k€32k▲
Amounts payable within one year42/48€28k€32k▲
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Taxes, remuneration and social security45€23k€27k▲
Taxes450/3€17k€17k▲
Remuneration and social security454/9€6k€10k▲
Income statement
Code20222023
Remuneration, social security and pensions62€48k€34k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€252€523▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€460-
Gross operating margin9900€49k€46k▼
Operating profit (loss)9901€140€6k▲
Financial income75/76B€22€244▲
Recurring financial income75€22€244▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€6k€4k▼
Non-recurring financial charges66B€933€622▼
Profit (loss) for the period before taxes9903€-7k€2k▲
Income taxes67/77-€609
Profit (loss) for the period9904€-7k€2k▲
Profit (loss) for the period to be appropriated9905€-7k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€15k▲
Profit (loss) brought forward from the previous period14P€20k€14k▼
Transfer to equity691/2-€15k
To the legal reserve6920-€660
To other reserves6921-€14k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VERO 5 BV JOS NUYTSDREEF 5, 2960 BRECHT · event 02-01-2025
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-7k ▼318%
Net result drops to €-7k, the lowest in the series.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
30-09
Financial
Highest result since 2018net €18k ▲115%
Operating result €20k, net result €18k, both a record.
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-09
Financial
Liquidity times 8current ratio 13.57
Current ratio from 1.78 to 13.57; short-term debt falls from €8k to €2k.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2012
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.
Jos Nuytsdreef 52960 BrechtGround area
1,203 m²
Building footprint
141 m²
Volume, LiDAR
540 m³
Parcel 11009M0019/00D006, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VERO 5
since 20122.210.772.233
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0019/00D006 | Flanders | 1,203 m² | 1 · 141 m² | 5.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PETER VERCRAEYE BRITSELEI 76, 2000 ANTWERPEN 1- |
02-01-2025 → present |
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Of 732 companies in sector 55209 we hold annual accounts for 208. 133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2012
Fiscal year end30-09
Activities, NACEBEL
55209Other holiday and short-stay accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.