Equity
VEROLI CONSTRUCT paid out €50,000 in dividends in a year with a loss of €76,954.
VEROLI CONSTRUCT paid out €50,000 in dividends in a year with a loss of €76,954.
From profit to loss in 2025, after a profit of €51,053 in 2024.
The accounts state no turnover.
The 2019 accounts came 91 days late. The other seven were filed on time.
A director left. Latest change 12-05-2026 · 1 in office.
Lower net result than 95% of companies in specialised construction. Sector median €26,691 · 9,959 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 81% of them on solvency, 70% on liquidity, 9% on profitability and 17% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 3,591 companies had the same profile as VEROLI CONSTRUCT has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VEROLI CONSTRUCT itself is lower: 0.4% within 12 months. It rests on far more data about VEROLI CONSTRUCT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for VEROLI CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 3.89 (3.5 in 2024), above the usual 1.5. Short-term debt is 24.2% and cash 24.7% of total assets. 25.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VEROLI CONSTRUCT Zwevegem | €558,652 | €159,573 | 74.7% | 3 |
| VERDRIBOUW Vleteren | €494,084 | €233,381 | 35.6% | 2.5 |
| A.PH.D. VANQUATEM Roeselare | €428,901 | €176,538 | 87.8% | 2 |
| PACA CONSTRUCT Sint-Genesius-Rode | €530,246 | €226,659 | 49.0% | 2.7 |
| KUHOBO Oosterzele | €486,915 | €165,381 | 63.1% | 2.2 |
| PVT TRAVAUX Nivelles | €526,376 | €159,452 | 23.1% | 1.6 |
| AREND.N Destelbergen | €484,103 | €268,810 | 34.6% | 4 |
These companies have the same main activity as VEROLI CONSTRUCT: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €429,000 and €530,000, founded between 2014 and 2020.
VEROLI CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €53,113 in 2018 to €159,573 in 2025.
VEROLI MANAGEMENT AND CONSULTANCY holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 83% of 9,967 companies in 2025.
Higher than 81% of 9,830 companies in 2025.
Higher than 8% of 9,899 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
558,652 | 756,294 | 750,557 | 736,670 | 622,180 | 427,026 | 217,328 | 55,177 | |
20 |
- | - | - | - | - | - | - | 1,583 | |
21/28 |
32,127 | 46,441 | 56,649 | 58,977 | 24,022 | 23,602 | 8,639 | 571 | |
21 |
- | - | - | 692 | 1,767 | 3,242 | 800 | - | |
22/27 |
30,127 | 43,555 | 55,738 | 57,486 | 16,695 | 14,875 | 7,760 | 571 | |
23 |
21,942 | 34,554 | 45,008 | 44,693 | 15,967 | 13,437 | 7,131 | 571 | |
24 |
2,604 | 3,086 | 4,482 | 6,211 | 728 | 1,438 | 630 | - | |
26 |
5,582 | 5,915 | 6,248 | 6,582 | - | - | - | - | |
28 |
2,000 | 2,886 | 911 | 799 | 5,559 | 5,485 | 78 | - | |
29/58 |
526,525 | 709,853 | 693,908 | 677,692 | 598,158 | 403,424 | 208,689 | 53,024 | |
29 |
223,363 | 269,209 | 184,874 | 132,498 | 97,617 | 31,801 | 1,085 | - | |
291 |
223,363 | 269,209 | 184,874 | 132,498 | 97,617 | 31,801 | 1,085 | - | |
40/41 |
154,118 | 300,379 | 216,306 | 331,377 | 229,821 | 121,837 | 139,570 | 4,902 | |
40 |
121,472 | 235,870 | 176,280 | 286,425 | 184,675 | 86,118 | 132,135 | - | |
41 |
32,646 | 64,509 | 40,026 | 44,952 | 45,146 | 35,719 | 7,435 | 4,902 | |
54/58 |
137,793 | 130,891 | 286,251 | 208,491 | 266,882 | 247,965 | 68,035 | 47,584 | |
490/1 |
11,252 | 9,375 | 6,477 | 5,327 | 3,838 | 1,822 | - | 538 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
558,652 | 756,294 | 750,557 | 736,670 | 622,180 | 427,026 | 217,328 | 55,177 | |
10/15 |
417,490 | 544,444 | 493,391 | 495,951 | 294,111 | 214,457 | 95,900 | 8,074 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
13 |
398,890 | 525,844 | 474,791 | 477,351 | 275,511 | 195,857 | 89,700 | 1,874 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
133 |
397,030 | 523,984 | 472,931 | 475,491 | 273,651 | 193,997 | 87,840 | 14 | |
17/49 |
141,162 | 211,851 | 257,166 | 240,719 | 328,069 | 212,570 | 121,428 | 47,103 | |
17 |
- | - | 2,305 | - | - | 3,384 | - | - | |
178/9 |
- | - | 2,305 | - | - | 3,384 | - | - | |
42/48 |
135,324 | 202,948 | 253,121 | 237,256 | 310,843 | 209,186 | 121,428 | 47,103 | |
43 |
- | 25,073 | 25,097 | 17,578 | - | 30,000 | - | - | |
430/8 |
- | 25,073 | 25,097 | 17,578 | - | 30,000 | - | - | |
44 |
119,326 | 161,725 | 171,308 | 158,062 | 168,189 | 120,835 | 70,127 | 8,480 | |
440/4 |
119,326 | 161,725 | 171,308 | 158,062 | 168,189 | 120,835 | 70,127 | 8,480 | |
45 |
15,999 | 16,150 | 56,715 | 61,617 | 15,070 | 58,350 | 51,301 | 974 | |
450/3 |
289 | 594 | 43,271 | 43,799 | 6,687 | 55,125 | 49,560 | 974 | |
454/9 |
15,709 | 15,555 | 13,443 | 17,817 | 8,382 | 3,226 | 1,742 | - | |
47/48 |
- | - | - | - | 127,584 | - | - | 37,650 | |
492/3 |
5,838 | 8,902 | 1,741 | 3,463 | 17,226 | - | - | - | |
| Income statement | |||||||||
70 |
- | - | - | - | - | - | - | 256,181 | |
76A |
17,918 | 20,394 | 5 | - | - | - | - | - | |
9900 |
159,573 | 313,606 | 266,685 | 517,891 | 435,069 | 205,986 | 165,862 | 53,113 | |
60/61 |
- | - | - | - | - | - | - | 203,069 | |
62 |
198,396 | 204,575 | 236,532 | 241,509 | 168,776 | 51,194 | 2,306 | - | |
630 |
15,336 | 15,791 | 17,179 | 11,786 | 6,896 | 4,013 | 4,273 | 1,101 | |
640/8 |
3,568 | 5,837 | 4,123 | 2,229 | 1,431 | 897 | 107 | - | |
66A |
18,070 | 18,366 | 6,553 | 5,237 | - | - | - | - | |
9901 |
-75,797 | 69,036 | 2,298 | 257,129 | 257,966 | 149,882 | 159,177 | 52,012 | |
75/76B |
35,988 | 39,276 | 32,553 | 47,041 | 45,617 | 30,420 | 6,482 | 342 | |
75 |
35,988 | 39,276 | 32,553 | 47,041 | 45,617 | 30,420 | 6,482 | 342 | |
65/66B |
36,781 | 35,739 | 30,711 | 29,654 | 74,005 | 38,581 | 28,273 | 5,082 | |
65 |
36,781 | 35,739 | 30,711 | 29,654 | 74,005 | 38,581 | 28,273 | 5,082 | |
9903 |
-76,591 | 72,573 | 4,141 | 274,517 | 229,578 | 141,722 | 137,386 | 47,272 | |
67/77 |
363 | 21,520 | 6,700 | 72,677 | 22,340 | 35,565 | 49,560 | 974 | |
9904 |
-76,954 | 51,053 | -2,560 | 201,840 | 207,238 | 106,157 | 87,826 | 46,299 | |
9905 |
-76,954 | 51,053 | -2,560 | 201,840 | 207,238 | 106,157 | 87,826 | 46,299 | |
| Appropriation of the result | |||||||||
9906 |
-76,954 | 51,053 | -2,560 | 201,840 | 207,238 | 106,157 | 87,826 | 46,299 | |
791/2 |
126,954 | - | 2,560 | - | - | - | - | - | |
691/2 |
- | 51,053 | - | 201,840 | 79,654 | 106,157 | 87,826 | 1,874 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
- | 51,053 | - | 201,840 | 79,654 | 106,157 | 87,826 | 14 | |
694/7 |
50,000 | - | - | - | 127,584 | - | - | 44,425 | |
694 |
50,000 | - | - | - | 14,057 | - | - | - | |
695 |
- | - | - | - | 113,528 | - | - | 44,425 | |
| Social balance sheet | |||||||||
9087 |
3 | 3.8 | 4.4 | 3.8 | 3 | 1.3 | - | - | |
Hours worked1013 |
5,461 | 5,478 | 6,783 | 7,511 | 5,388 | 2,037 | - | - | |
| Document | |||||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-07-2026 | 2026-00284103 | |
| 31-12-2024 | abbreviated format | 01-07-2025 | 2025-00205198 | |
| 31-12-2023 | abbreviated format | 15-07-2024 | 2024-00243438 | |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00282100 | |
| 31-12-2021 | abbreviated format | 28-07-2022 | 2022-20235828 | |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-39700058 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-64900251 | |
| 31-12-2018 | micro format | 05-07-2019 | 2019-29800265 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €1,470 | €1,470 |
| 2023 | 1 | €0 | €86 |
| 2022 | 1 | €86 | €0 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| -60,461 | 84,827 | 19,477 | 268,916 | 264,862 | 153,895 | 163,449 | 53,113 | ||
| -61,618 | 66,844 | 14,619 | 213,626 | 214,135 | 110,170 | 92,099 | 47,399 | ||
| 1,907 | 5,608 | 15,949 | 53,979 | 7,241 | 18,976 | 10,758 | 675 | ||
| 6,902 | -155,361 | 77,761 | -58,391 | 18,918 | 179,930 | 20,451 | - | ||
| 391,201 | 506,905 | 440,788 | 440,436 | 287,315 | 194,238 | 87,261 | 5,920 | ||
| - | - | - | - | - | - | - | 20.3% | ||
| 74.7% | 72.0% | 65.7% | 67.3% | 47.3% | 50.2% | 44.1% | 14.6% | ||
| 3.89 | 3.50 | 2.74 | 2.86 | 1.92 | 1.93 | 1.72 | 1.13 | ||
| 0.34 | 0.39 | 0.52 | 0.49 | 1.12 | 0.99 | 1.27 | 5.83 | ||
| -18.4% | 9.4% | -0.5% | 40.7% | 70.5% | 49.5% | 91.6% | 573.4% | ||
| -13.8% | 6.8% | -0.3% | 27.4% | 33.3% | 24.9% | 40.4% | 83.9% | ||
| -1.64 | 2.37 | 0.63 | 9.07 | 3.58 | - | - | - | ||
| - | - | - | - | - | - | - | 7 days | ||
| - | - | - | - | - | - | - | 15 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 4 | 5 | 3 |
| full-time | 3 | 3 | 4 | 4 | 3 |
| part-time | - | - | - | 1 | - |
| in full-time equivalents | 3 | 3 | 4 | 4.6 | 3 |
| 3 | 3.8 | 4.4 | 4.4 | 3 | |
| On a permanent contract | 3 | 3 | 4 | 4 | 2 |
| Joined | - | 0 | 0 | 4 | 3 |
| Left | - | 1 | 2 | 2 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,907 | €3,608 | €15,629 | €53,490 | €7,241 |
| Financial fixed assets | - | €2,000 | €320 | €490 | - |
| €15,336 | €15,791 | €17,179 | €11,786 | €6,896 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €75,797, after a profit of €69,036 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total falls from 28.0% to 25.3%. Equity and debt are lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2018 accounts. Every holding stands with its own latest accounts.
The network starts from the directors of VEROLI CONSTRUCT. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 14 August 2018, VEROLI CONSTRUCT was incorporated.1 In 2023 the registered office moved to Zwevegem.2 Veroli Management and Consultancy has served as director since 2026.3 Total assets went from €55,177 in 2018 to €558,652 in 2025 and headcount from 1.3 full-time equivalents in 2020 to 3 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Pioniersplein 8 registered office 8550 Zwevegem 41001 General construction of residential buildings | 14-08-2018 | 2.278.841.586 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34042A0501/00L008 | 5,654 m² | 1 · 906 m² | 1.7 m |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0700.888.247
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