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VEROCON

Active
Private limited companyfounded 201016 yrs activePopulierenlaan 1, 9230 Wetteren, BelgiumKBO/BCE: BE 0824.620.259
Summary

VEROCON has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €396k and a net result of €72k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability76▼-7
Solvency58▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.77 in 2024; short-term debt: 24% and cash: 3% of total assets), and 67.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
32.7%
Return on assets
5.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
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 15-05-2026, 77 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
77 d early
2024
66 d early
2023
79 d early
2022
82 d early
2021
81 d early
2020
74 d early
2019
64 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€177k
EBIT margin
22.7%
Net result
€72k▼ 20.2%
2024 · €90k
Working capital
€-221k▼ 424%
2024 · €-42k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€75k▲ 1.0%€99k▲ 31.8%€110k▲ 11.3%€138k▲ 25.6%€123k▼ 11.0%
Net result€46k▲ 4.9%€64k▲ 40.0%€71k▲ 10.9%€90k▲ 26.3%€72k▼ 20.2%
EBIT margin
Equity€225k▲ 16.7%€256k▲ 13.9%€295k▲ 15.2%€358k▲ 21.2%€396k▲ 10.7%
Total assets€764k▼ 4.0%€736k▼ 3.6%€734k▼ 0.3%€800k▲ 9.1%€1.21M▲ 51.5%
Debt€539k▼ 10.6%€480k▼ 10.9%€438k▼ 8.6%€443k▲ 1.0%€816k▲ 84.5%
Working capital€-30k€-36k▼ 22.2%€-40k▼ 9.8%€-42k▼ 5.5%€-221k▼ 424%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €75k€75kNet result 2021: €46k€46kOperating result 2022: €99k€99kNet result 2022: €64k€64kOperating result 2023: €110k€110kNet result 2023: €71k€71kOperating result 2024: €138k€138kNet result 2024: €90k€90kOperating result 2025: €123k€123kNet result 2025: €72k€72k20212022202320242025€0€50k€100k€150kOperating result 2023: €110k€110kNet result 2023: €71k€71kOperating result 2024: €138k€138kNet result 2024: €90k€90kOperating result 2025: €123k€123kNet result 2025: €72k€72k202320242025
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets €1.14M ▲ 73.5%
Current assets €70k ▼ 50.4%
Equity and liabilities €1.21M
Equity €396k ▲ 10.7%
Debt €816k ▲ 84.5%
Debt's share of the balance-sheet total rises from 55.3% to 67.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€163k▼
2024 · €173k
Cash flow
€112k▼
2024 · €125k
Current ratio
0.24▼
2024 · 0.77
Debt to equity
2.06▲
2024 · 1.24
ROE
18.2%▼
2024 · 25.2%
ROA
5.9%▼
2024 · 11.3%
Interest coverage
7.32▼
2024 · 15.09
Debt ≤ 1 year
€292k▲
2024 · €184k
Debt > 1 year
€513k▲
2024 · €252k
Income taxes
€29k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€800k€1.21M▲
Fixed assets21/28€658k€1.14M▲
Tangible fixed assets22/27€658k€1.14M▲
Land and buildings22€590k€1.09M▲
Plant, machinery and equipment23€2k€5k▲
Furniture and vehicles24€66k€50k▼
Assets under construction and advance payments27€0-
Financial fixed assets28€50€50=
Current assets29/58€142k€70k▼
Amounts receivable within one year40/41€28k€30k▲
Trade receivables40€28k€29k▲
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€110k€37k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€800k€1.21M▲
Equity10/15€358k€396k▲
Contributions10/11€8k€6k▼
Reserves13€350k€390k▲
Distributable reserves133€350k€390k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€443k€816k▲
Amounts payable after more than one year17€252k€513k▲
Financial debts170/4€252k€513k▲
Amounts payable within one year42/48€184k€292k▲
Current portion of amounts payable after more than one year42€59k€91k▲
Financial debts43-€8k
Credit institutions430/8-€8k
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€20k€25k▲
Taxes450/3€20k€25k▲
Other amounts payable47/48€101k€160k▲
Accrued charges and deferred income492/3€7k€12k▲
Income statement Code20242025
Non-recurring operating income76A€16k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€40k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€175k€165k▼
Operating profit (loss)9901€138k€123k▼
Financial income75/76B€240€883▲
Recurring financial income75€240€883▲
Financial charges65/66B€11k€22k▲
Recurring financial charges65€11k€22k▲
Profit (loss) for the period before taxes9903€127k€102k▼
Income taxes67/77€37k€29k▼
Profit (loss) for the period9904€90k€72k▼
Profit (loss) for the period to be appropriated9905€90k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€72k▼
Transfer from equity791/2€28k€34k▲
Transfer to equity691/2€90k€72k▼
To other reserves6921€90k€72k▼
Profit to be distributed694/7€28k€34k▲
Return on contributions (dividend)694€28k€34k▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€16k€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€17k€18k€34k€40k▲ 15.9%
Other operating charges640/8€2k€4k€3k€2k€3k▲ 14.5%
Gross operating margin9900€103k€120k€132k€175k€165k▼ 5.4%
Operating profit (loss)9901€75k€99k€110k€138k€123k▼ 11.0%
Financial income75/76B€10€0€68€240€883▲ 267%
Recurring financial income75€10€0€68€240€883▲ 267%
Financial charges65/66B€9k€9k€9k€11k€22k▲ 94.4%
Recurring financial charges65€9k€9k€9k€11k€22k▲ 94.4%
Profit (loss) for the period before taxes9903€66k€90k€101k€127k€102k▼ 20.0%
Income taxes67/77€20k€26k€30k€37k€29k▼ 19.5%
Profit (loss) for the period9904€46k€64k€71k€90k€72k▼ 20.2%
Profit (loss) for the period to be appropriated9905€46k€64k€71k€90k€72k▼ 20.2%
Line20212022202320242025Change
Assets
Total assets20/58€764k€736k€734k€800k€1.21M▲ 51.5%
Fixed assets21/28€626k€619k€617k€658k€1.14M▲ 73.5%
Tangible fixed assets22/27€626k€619k€617k€658k€1.14M▲ 73.5%
Land and buildings22€626k€610k€608k€590k€1.09M▲ 84.3%
Plant, machinery and equipment23€200€1k€620€2k€5k▲ 139%
Furniture and vehicles24€0--€66k€50k▼ 24.6%
Assets under construction and advance payments27€0€8k€8k€0--
Financial fixed assets28€50€50€50€50€50=
Current assets29/58€137k€117k€117k€142k€70k▼ 50.4%
Amounts receivable after more than one year29€22k€0----
Other amounts receivable291€22k€0----
Amounts receivable within one year40/41€20k€22k€27k€28k€30k▲ 9.2%
Trade receivables40€20k€22k€24k€28k€29k▲ 3.1%
Other amounts receivable41€86€0€3k€0€2k-
Cash at bank and in hand54/58€86k€87k€83k€110k€37k▼ 66.6%
Deferred charges and accrued income490/1€9k€8k€7k€5k€4k▼ 21.5%
Equity and liabilities
Total equity and liabilities10/49€764k€736k€734k€800k€1.21M▲ 51.5%
Equity10/15€225k€256k€295k€358k€396k▲ 10.7%
Contributions10/11€8k€8k€8k€8k€6k▼ 23.1%
Reserves13€217k€248k€287k€350k€390k▲ 11.5%
Distributable reserves133€217k€248k€287k€350k€390k▲ 11.5%
Profit (loss) carried forward14€0€0€0€0€0-
Amounts payable17/49€539k€480k€438k€443k€816k▲ 84.5%
Amounts payable after more than one year17€367k€322k€277k€252k€513k▲ 104%
Financial debts170/4€367k€322k€277k€252k€513k▲ 104%
Amounts payable within one year42/48€167k€153k€157k€184k€292k▲ 58.3%
Current portion of amounts payable after more than one year42€44k€45k€46k€59k€91k▲ 54.5%
Financial debts43----€8k-
Credit institutions430/8----€8k-
Trade debts44€878€2k€2k€5k€7k▲ 53.6%
Suppliers440/4€878€2k€2k€5k€7k▲ 53.6%
Taxes, remuneration and social security45€22k€24k€27k€20k€25k▲ 26.3%
Taxes450/3€22k€24k€27k€20k€25k▲ 26.3%
Other amounts payable47/48€100k€83k€82k€101k€160k▲ 58.5%
Accrued charges and deferred income492/3€4k€4k€5k€7k€12k▲ 74.0%
Line20212022202320242025Change
Profit (loss) for the period9904€46k€64k€71k€90k€72k▼ 20.2%
+ Depreciation and write-downs630€26k€17k€18k€34k€40k▲ 15.9%
Operating cash flow (approximation)€72k€81k€90k€125k€112k▼ 10.3%
Investment in fixed assets (approximation)-€-10k€-17k€-76k€-524k▼ 591%
Change in cash-€914€-4k€27k€-73k▼ 371%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €90k ▲26.3%
Operating result €138k, net result €90k, both a record.
13-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200kEq €225k ▲16.7%
3 profitable years in a row build equity to €225k.
18-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €150kEq €193k ▲52.7%
2 profitable years in a row build equity to €193k.
28-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Wetteren · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
381 m²
Building footprint
140 m²
Parcel 42303F0188/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
VEROCON
Populierenlaan 1, 9230 WetterenNACE 6420011
since 20102.186.986.645
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42303F0188/00B002 Flanders 381 m² 1 · 140 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 36,443 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.