VEROLI CONSTRUCT
ActiveSummary
VEROLI CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417k and a net result of €-77k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-45
Solvency100▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.89 against 3.5 in 2024; short-term debt: 24.2% and cash: 24.7% of total assets), and 25.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
18 d early
2024
30 d early
2023
16 d early
2022
3 d early
2021
3 d early
2020
8 d early
2019
91 d late
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€256k
EBIT margin
20.3%
Net result
€-77k
2024 · €51k
2018: €46k
2019: €88k▲ +89.7% vs 2018
2020: €106k▲ +20.9% vs 2019
2021: €207k▲ +95.2% vs 2020highest in 8 years
2022: €202k▼ -2.6% vs 2021
2023: €-3k▼ -101% vs 2022
2024: €51k▲ +2094% vs 2023
2025: €-77k▼ -251% vs 2024lowest in 8 years
2018 → 2025
Working capital
€391k▼ 22.8%
2024 · €507k
2018: €6klowest in 8 years
2019: €87k▲ +1374% vs 2018
2020: €194k▲ +123% vs 2019
2021: €287k▲ +47.9% vs 2020
2022: €440k▲ +53.3% vs 2021
2023: €441k▲ +0.1% vs 2022
2024: €507k▲ +15.0% vs 2023highest in 8 years
2025: €391k▼ -22.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€294k-€496k▲ 68.6%€493k▼ 0.5%€544k▲ 10.3%€417k▼ 23.3%
2021: €294klowest in 5 years
2022: €496k▲ +68.6% vs 2021
2023: €493k▼ -0.5% vs 2022
2024: €544k▲ +10.3% vs 2023highest in 5 years
2025: €417k▼ -23.3% vs 2024
Operating result€258k-€257k▼ 0.3%€2k▼ 99.1%€69k▲ 2,904%€-76k
2021: €258khighest in 5 years
2022: €257k▼ -0.3% vs 2021
2023: €2k▼ -99.1% vs 2022
2024: €69k▲ +2904% vs 2023
2025: €-76k▼ -210% vs 2024lowest in 5 years
Net result€207k-€202k▼ 2.6%€-3k€51k€-77k
2021: €207khighest in 5 years
2022: €202k▼ -2.6% vs 2021
2023: €-3k▼ -101% vs 2022
2024: €51k▲ +2094% vs 2023
2025: €-77k▼ -251% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €76k after €69k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €559k
Fixed assets
€32k ▼ 30.8%
Current assets
€527k ▼ 25.8%
Equity and liabilities €559k
Equity
€417k ▼ 23.3%
Debt
€141k ▼ 33.4%
Debt's share of the balance-sheet total falls from 28.0% to 25.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-60k▼
2024 · €85k
Cash flow
€-62k▼
2024 · €67k
Current ratio
3.89▲
2024 · 3.50
Debt to equity
0.34▼
2024 · 0.39
ROE
-18.4%▼
2024 · 9.4%
ROA
-13.8%▼
2024 · 6.8%
Interest coverage
-1.64▼
2024 · 2.37
Debt ≤ 1 year
€135k▼
2024 · €203k
Income taxes
€363▼
2024 · €22k
Staff costs
€198k▼
2024 · €205k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€756k€559k▼
Fixed assets21/28€46k€32k▼
Tangible fixed assets22/27€44k€30k▼
Plant, machinery and equipment23€35k€22k▼
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€6k€6k▼
Financial fixed assets28€3k€2k▼
Current assets29/58€710k€527k▼
Amounts receivable after more than one year29€269k€223k▼
Other amounts receivable291€269k€223k▼
Amounts receivable within one year40/41€300k€154k▼
Trade receivables40€236k€121k▼
Other amounts receivable41€65k€33k▼
Cash at bank and in hand54/58€131k€138k▲
Deferred charges and accrued income490/1€9k€11k▲
Equity and liabilities
Total equity and liabilities10/49€756k€559k▼
Equity10/15€544k€417k▼
Contributions10/11€19k€19k=
Reserves13€526k€399k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€524k€397k▼
Amounts payable17/49€212k€141k▼
Amounts payable within one year42/48€203k€135k▼
Financial debts43€25k-
Credit institutions430/8€25k-
Trade debts44€162k€119k▼
Suppliers440/4€162k€119k▼
Taxes, remuneration and social security45€16k€16k▼
Taxes450/3€594€289▼
Remuneration and social security454/9€16k€16k▲
Accrued charges and deferred income492/3€9k€6k▼
Income statement
Code20242025
Non-recurring operating income76A€20k€18k▼
Remuneration, social security and pensions62€205k€198k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€18k€18k▼
Gross operating margin9900€314k€160k▼
Operating profit (loss)9901€69k€-76k▼
Financial income75/76B€39k€36k▼
Recurring financial income75€39k€36k▼
Financial charges65/66B€36k€37k▲
Recurring financial charges65€36k€37k▲
Profit (loss) for the period before taxes9903€73k€-77k▼
Income taxes67/77€22k€363▼
Profit (loss) for the period9904€51k€-77k▼
Profit (loss) for the period to be appropriated9905€51k€-77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€-77k▼
Transfer from equity791/2-€127k
Transfer to equity691/2€51k-
To other reserves6921€51k-
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
Social balance
Average headcount (FTE)90873.83.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5 | €20k | €18k | ▼ 12.1% |
| Remuneration, social security and pensions62 | €169k | €242k | €237k | €205k | €198k | ▼ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €12k | €17k | €16k | €15k | ▼ 2.9% |
| Other operating charges640/8 | €1k | €2k | €4k | €6k | €4k | ▼ 38.9% |
| Non-recurring operating charges66A | - | €5k | €7k | €18k | €18k | ▼ 1.6% |
| Gross operating margin9900 | €435k | €518k | €267k | €314k | €160k | ▼ 49.1% |
| Operating profit (loss)9901 | €258k | €257k | €2k | €69k | €-76k | ▼ 210% |
| Financial income75/76B | €46k | €47k | €33k | €39k | €36k | ▼ 8.4% |
| Recurring financial income75 | €46k | €47k | €33k | €39k | €36k | ▼ 8.4% |
| Financial charges65/66B | €74k | €30k | €31k | €36k | €37k | ▲ 2.9% |
| Recurring financial charges65 | €74k | €30k | €31k | €36k | €37k | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | €230k | €275k | €4k | €73k | €-77k | ▼ 206% |
| Income taxes67/77 | €22k | €73k | €7k | €22k | €363 | ▼ 98.3% |
| Profit (loss) for the period9904 | €207k | €202k | €-3k | €51k | €-77k | ▼ 251% |
| Profit (loss) for the period to be appropriated9905 | €207k | €202k | €-3k | €51k | €-77k | ▼ 251% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €622k | €737k | €751k | €756k | €559k | ▼ 26.1% |
| Fixed assets21/28 | €24k | €59k | €57k | €46k | €32k | ▼ 30.8% |
| Intangible fixed assets21 | €2k | €692 | - | - | - | - |
| Tangible fixed assets22/27 | €17k | €57k | €56k | €44k | €30k | ▼ 30.8% |
| Plant, machinery and equipment23 | €16k | €45k | €45k | €35k | €22k | ▼ 36.5% |
| Furniture and vehicles24 | €728 | €6k | €4k | €3k | €3k | ▼ 15.6% |
| Other tangible fixed assets26 | - | €7k | €6k | €6k | €6k | ▼ 5.6% |
| Financial fixed assets28 | €6k | €799 | €911 | €3k | €2k | ▼ 30.7% |
| Current assets29/58 | €598k | €678k | €694k | €710k | €527k | ▼ 25.8% |
| Amounts receivable after more than one year29 | €98k | €132k | €185k | €269k | €223k | ▼ 17.0% |
| Other amounts receivable291 | €98k | €132k | €185k | €269k | €223k | ▼ 17.0% |
| Amounts receivable within one year40/41 | €230k | €331k | €216k | €300k | €154k | ▼ 48.7% |
| Trade receivables40 | €185k | €286k | €176k | €236k | €121k | ▼ 48.5% |
| Other amounts receivable41 | €45k | €45k | €40k | €65k | €33k | ▼ 49.4% |
| Cash at bank and in hand54/58 | €267k | €208k | €286k | €131k | €138k | ▲ 5.3% |
| Deferred charges and accrued income490/1 | €4k | €5k | €6k | €9k | €11k | ▲ 20.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €622k | €737k | €751k | €756k | €559k | ▼ 26.1% |
| Equity10/15 | €294k | €496k | €493k | €544k | €417k | ▼ 23.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €276k | €477k | €475k | €526k | €399k | ▼ 24.1% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €274k | €475k | €473k | €524k | €397k | ▼ 24.2% |
| Amounts payable17/49 | €328k | €241k | €257k | €212k | €141k | ▼ 33.4% |
| Amounts payable after more than one year17 | - | - | €2k | - | - | - |
| Other amounts payable178/9 | - | - | €2k | - | - | - |
| Amounts payable within one year42/48 | €311k | €237k | €253k | €203k | €135k | ▼ 33.3% |
| Financial debts43 | - | €18k | €25k | €25k | - | - |
| Credit institutions430/8 | - | €18k | €25k | €25k | - | - |
| Trade debts44 | €168k | €158k | €171k | €162k | €119k | ▼ 26.2% |
| Suppliers440/4 | €168k | €158k | €171k | €162k | €119k | ▼ 26.2% |
| Taxes, remuneration and social security45 | €15k | €62k | €57k | €16k | €16k | ▼ 0.9% |
| Taxes450/3 | €7k | €44k | €43k | €594 | €289 | ▼ 51.3% |
| Remuneration and social security454/9 | €8k | €18k | €13k | €16k | €16k | ▲ 1.0% |
| Other amounts payable47/48 | €128k | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €17k | €3k | €2k | €9k | €6k | ▼ 34.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €207k | €202k | €-3k | €51k | €-77k | ▼ 251% |
| + Depreciation and write-downs630 | €7k | €12k | €17k | €16k | €15k | ▼ 2.9% |
| Operating cash flow (approximation) | €214k | €214k | €15k | €67k | €-62k | ▼ 192% |
| Investment in fixed assets (approximation) | - | €-47k | €-15k | €-6k | €-1k | ▲ 81.7% |
| Change in cash | - | €-58k | €78k | €-155k | €7k | ▲ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-77k
Net result drops to €-77k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Equity above €500kEq €544k ▲10.3%
Equity rises from €493k to €544k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €207k ▲95.2%
Operating result €258k, net result €207k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €214k ▲124%
3 profitable years in a row build equity to €214k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Zwevegem · 1 establishment unit since 2018
Ground area
5,654 m²
Building footprint
906 m²
Volume, LiDAR
84 m³
Parcel 34042A0501/00L008, Flanders · tallest building 1.7 m. Linked by address, not a title deed.
1 establishment unit
VEROLI CONSTRUCT
since 20182.278.841.586
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A0501/00L008 | Flanders | 5,654 m² | 1 · 906 m² | 1.7 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,556 EUR awarded · 1,556 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,470 EUR | 1,470 EUR |
| 2023 | 1 | 0 EUR | 86 EUR |
| 2022 | 1 | 86 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,135 companies in sector 43910 we hold annual accounts for 5,489. 3,807 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
Founded14-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
25401Forging of metal
43331Floor and wall tiling
43350Other building finishing work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.