VERO DUCO

Active

Public limited companyfounded 1996active for 30 yearsHandelsstraat 19, 8630 Veurne, BelgiumKBO/BCE: BE 0456.974.225

From the official registers: KBO 28 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VERO DUCO has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192.8m and a net result of €24.4m. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 93% of 829 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

VERO DUCOActiveChecked score 98/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 02-01-1996 Normal situation
Legal form: Public limited company
Registered office: Handelsstraat 19, 8630 Veurne
Activity: Manufacture of fabricated metal products, except machinery and equipment NACE 25999
Establishment unit: 2.075.348.553 8630 Veurne, since 26-02-1996
Financial year end: 31 December
Peppol: Reachable since 03-09-2025

Company details

Board and ownership

Board

RENVESTChair · permanent representative RENSON Luc
BOUCKAERT PatriciaDirector · since 25-10-2023

Auditor: VRC BEDRIJFSREVISOREN

Shareholders

O2 HOLDING100%annual accounts 2025

Board & ownership

Financial position

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Turnover: €91.1m; ▲ 7.6%
Profit: €24.4m; ▼ 2.3%
Equity: €192.8m; ▲ 11.7%
Total assets: €221.2m; ▲ 11.0%
Staff: 178.3 FTE; ▲ 8.1%

2025 accounts filed 31 days after the deadline

Filed on 31-08-2026at the National Bank

Financials

Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts lateSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1996Equity €192.8m (87.1% of total assets)Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 86% of medium-sized companies in fabricated metal products (NACE 25)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 100=

equity 87.1% of total assets

Liquidity 57+5

short-term debt 4.5% · cash 6.0%

Profitability 88-2

return on assets 11.0%

Bankruptcy probability within 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (132 companies, NACE 25, medium-sized)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 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: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025highest value 12-2025: 0.2%▼ -0.2 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.2 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €9,100,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 19.85 (18.93 in 2024), above the usual 1.5. Short-term debt is 4.5% and cash 6% of total assets. 12.9% of the assets are financed with debt and provisions.

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 25, medium-sized). It does better than 95% of them on solvency, 86% on liquidity, 91% on profitability and 72% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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.

Signals

Five signals.

lowers riskraises risk

Founded in 1996

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Last filed accounts filed 31 days late; 2 of the last 3 accounts late

NBB · filings

Equity €192.8m (87.1% of total assets)

NBB · annual accounts

Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)

KBO

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings

Deviation from the deadline

2025

31 days late

2024

109 days late

2023

30 days late

2022

50 days late

2021

31 days late

2020

40 days late

2019

52 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

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 31 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: Largest company by total assets in Veurnein the Checked rankings No. 1 View
Positive: 8 profitable years in a rowprofit 2025: €24.4m 8 years View
Flemish supportawarded from 2022 to 2025 €2.6m View

Documents

Key facts about VERO DUCO

What is the company number of VERO DUCO?: The company number of VERO DUCO is 0456.974.225. The VAT number is the same number with BE in front: BE 0456.974.225.
Where is VERO DUCO based?: The registered office is at Handelsstraat 19, 8630 Veurne.Company details
What does VERO DUCO do?: According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
What is the legal form of VERO DUCO?: The legal form of VERO DUCO is Public limited company (NV).
When was VERO DUCO founded?: VERO DUCO was founded on 02-01-1996.
Is VERO DUCO still active?: Yes, VERO DUCO is an active enterprise in the KBO register.
How many employees does VERO DUCO have?: VERO DUCO had an average of 178.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VERO DUCO?: The turnover of VERO DUCO was €91.1m in financial year 2025, according to the filed annual accounts.
Is VERO DUCO profitable?: In financial year 2025, VERO DUCO made a profit of €24.4m.
Where can I find the annual accounts of VERO DUCO?: VERO DUCO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VERO DUCO due?: VERO DUCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to VERO DUCO

Parent and group

O2 HOLDING100%

Comparable companies

These companies have the same main activity as VERO DUCO: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €48m and €260m, founded between 1978 and 1997.

Company	Total assets	Turnover
VERO DUCO Veurne	€221.2m	€91.1m
RENSON Waregem	€260.0m	€139.4m
APOK Kampenhout	€72.8m	€181.6m
TRAFIROAD Lokeren	€73.4m	€115.1m
DEFRANCQ BOUWSPECIALITEITEN Roeselare	€77.7m	€225.6m
Rf TECHNOLOGIES Oosterzele	€58.6m	€55.9m
VERGOKAN Oudenaarde	€48.0m	€52.5m

Full comparison

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 See whether the workforce is growing and whether people stay.Employer 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 See which support similar companies received that this one did not.Subsidies

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.

Overview