VERODAN
ActiveVERODAN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €-9k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 4126 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency64▼-9
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.31 against 1.52 in 2024), and 63.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.4%
Return on assets
-15.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9k
neutral · Filed after the deadline
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. 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
31 d late
2024
82 d late
2023
29 d late
2022
24 d late
2021
24 d late
2020
16 d late
2019
21 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▼ 657%
2024 · €-1k
2018: €20k
2019: €27k
2020: €11k
2021: €12k
2022: €46k
2023: €20k
2024: €-1k
2018 → 2025
Working capital
€11k▼ 51.7%
2024 · €24k
2018: €-11k
2019: €10k
2020: €19k
2021: €23k
2022: €25k
2023: €23k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€31k▲ 21.7%€31k▲ 0.3%€30k▼ 3.8%€21k▼ 29.8%
Operating result€14k-€49k▲ 239%€23k▼ 52.8%€-4k€-4k▲ 4.2%
Net result€12k-€46k▲ 296%€20k▼ 55.9%€-1k€-9k▼ 657%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€10k▲ 55.3%
Current assets
€48k▼ 30.3%
Equity and liabilities €58k
Equity
€21k▼ 29.8%
Debt
€37k▼ 18.4%
The debt ratio rises from 60.1% to 63.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-1k▼
2024 · €-404
Cash flow
€-7k▼
2024 · €2k
Solvency
36.4%▼
2024 · 39.9%
Current ratio
1.31▼
2024 · 1.52
Quick ratio
1.15▼
2024 · 1.40
Debt / equity
1.75▲
2024 · 1.50
ROE
-42.4%▼
2024 · -3.9%
ROA
-15.4%▼
2024 · -1.6%
Interest coverage
-0.23▼
2024 · -0.15
Debt
€37k▼
2024 · €46k
Debt ≤ 1 year
€37k▼
2024 · €46k
Staff costs
€54k▲
2024 · €54k
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€76k€58k▼
Fixed assets21/28€7k€10k▲
Tangible fixed assets22/27€6k€9k▲
Plant, machinery and equipment23€2k€308▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€2k€7k▲
Financial fixed assets28€1k€1k=
Current assets29/58€69k€48k▼
Stocks and contracts in progress3€5k€6k▲
Stocks30/36€5k€6k▲
Amounts receivable within one year40/41€10k€16k▲
Trade receivables40€15-
Other amounts receivable41€10k€16k▲
Cash at bank and in hand54/58€54k€26k▼
Equity and liabilities
Total equity and liabilities10/49€76k€58k▼
Equity10/15€30k€21k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€10k€814▼
Amounts payable17/49€46k€37k▼
Amounts payable within one year42/48€46k€37k▼
Trade debts44€39k€35k▼
Suppliers440/4€39k€35k▼
Taxes, remuneration and social security45€6k€2k▼
Remuneration and social security454/9€6k€2k▼
Accrued charges and deferred income492/3-€377
Income statement
Code20242025
Remuneration, social security and pensions62€54k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€55k€55k=
Operating profit (loss)9901€-4k€-4k▲
Financial income75/76B€5k€203▼
Recurring financial income75€3k€203▼
Non-recurring financial income76B€3k-
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-1k€-9k▼
Profit (loss) for the period9904€-1k€-9k▼
Profit (loss) for the period to be appropriated9905€-1k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€814▼
Profit (loss) brought forward from the previous period14P€11k€10k▼
Social balance
Average headcount (FTE)90873.52.5▼
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 82 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €46k ▲296%
Operating result €49k, net result €46k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
Financial 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, Brussel · 1 establishment unit since 2000
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.
Stefaniastraat 1711020 BrusselGround area
124 m²
Building footprint
124 m²
Volume, LiDAR
1,336 m³
Parcel 21815D0070/02Z002, Brussels · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PANOS
since 20002.099.870.648
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0070/02Z002 | Brussels | 124 m² | 1 · 123 m² | 16.6 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyBrussel2.099.870.648
Similar companies · same sector, comparable size
MAISON DEMARTIN
BE 1009.648.749
Spa · Eq €21k
DELI DEURNE
BE 0898.927.803
Antwerpen · Eq €21k
Bakkerij Cupers
BE 0835.942.436
Hasselt · Eq €21k
SAIMOUR
BE 0899.397.559
Brussel · Eq €21k
EKMEK TEKNESI
BE 0661.726.080
Gent · Eq €21k
Of 2,380 companies in sector 47241 we hold annual accounts for 1,084. 833 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-01-2000
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
52240
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.