Equity
€30,487 from €169,700 in 2021
Equity fell by 82% in 3 years.
VEROSTEP
Lifetime
14 annual accounts with figures on one time axispeak €78,829 (2021)
-€31,554▲ €10,333
lowest -€55,206 (2023)
-€51,788▲ €3,418
peak €169,700 (2021)
€30,487▼ 62.9%
€106,571▲ 12.2%
peak 1.2 FTE (2012)
-not published
Board1 name since 2010
1 directorDE CONINCK Stephan
Documentsfilings and deeds
09-01-2026162 days late
2024micro format
Gross margin from -€41,887 to -€31,554Loss of €51,788Equity from €82,276 to €30,487Cash from €6,316 to €85,659
Key points
from the 2024 annual accountsLosses
-€139,213 in three years
Every financial year from 2022 to 2024 closed with a loss. 2023 was the heaviest.
Filings
14 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (micro format)
Checked score
50
Fair
Financially stronger than 40% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.3%
01-2025: 3.3%● unchanged vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.2%▼ -0.1 percentage points vs 02-2025
04-2025: 3.3%▲ +0.1 percentage points vs 03-2025
05-2025: 3.0%▼ -0.3 percentage points vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.2%▲ +0.2 percentage points vs 06-2025
08-2025: 3.7%▲ +0.5 percentage points vs 07-2025
09-2025: 3.4%▼ -0.3 percentage points vs 08-2025
10-2025: 4.0%▲ +0.6 percentage points vs 09-2025
11-2025: 4.1%▲ +0.1 percentage points vs 10-2025
12-2025: 4.9%▲ +0.8 percentage points vs 11-2025
01-2026: 7.4%▲ +2.5 percentage points vs 12-2025highest value
02-2026: 3.1%▼ -4.3 percentage points vs 01-2026
03-2026: 3.1%● unchanged vs 02-2026
04-2026: 3.1%● unchanged vs 03-2026
05-2026: 3.0%▼ -0.1 percentage points vs 04-2026
06-2026: 2.8%▼ -0.2 percentage points vs 05-2026lowest value
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 3.1%▲ +0.2 percentage points vs 07-2026
09-2026: 3.2%▲ +0.1 percentage points vs 08-2026
10-2026: 3.3%▲ +0.1 percentage points vs 09-2026
11-2026: 3.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 162 days late; 2 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 4.64, cash €85,659
Founded in 2010
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 56, micro). It does better than 44% of them on solvency, 96% on liquidity, 8% on profitability and 12% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as VEROSTEP has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VEROSTEP itself: 3.3% within 12 months.
Test of the method
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 1,294 companies, not a prediction for VEROSTEP. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 4.64 (4.11 in 2023), above the usual 1.5. Short-term debt is 15.1% and cash 62.5% of total assets. However, 77.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€51,788
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 162 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-01-2026, 162 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
162 days late
2023
44 days late
2022
25 days late
2021
32 days late
2020
37 days late
2019
125 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 71 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0828692180
Change of role: DE CONINCK Stephan, from manager to director
General meeting of 19-12-2023 · Gazette deed
Incorporation
published on 02-09-2010 · Gazette deed
First establishment
Molenstraat 28, Nazareth-De Pinte
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VEROSTEP Nazareth-De Pinte | €137,058 | -€31,554 | 22.2% | - |
| Loch Ness resto-bar Jemeppe-sur-Sambre | €147,697 | -€5,638 | -38.9% | - |
| The Pub Tongeren-Borgloon | €158,056 | -€1,558 | 98.0% | - |
| Café Romain Ghent | €111,416 | -€9,430 | 75.1% | - |
| B.PASA Ghent | €204,227 | -€45,411 | 59.9% | - |
| LA CORBA Waregem | €136,032 | -€5,947 | -19.8% | - |
| VENTUPARTY Ixelles | €124,680 | -€12,752 | -85.8% | - |
These companies have the same main activity as VEROSTEP: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €111,000 and €204,000, founded between 2006 and 2013.
Official details
Source: KBO- Status
- Active since 24-08-2010Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.242.012.7659840 Nazareth-De Pinte, since 24-08-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Insights on VEROSTEP
VEROSTEP files the micro format. That format states no turnover. The gross margin fell from €9,161 in 2011 to -€31,554 in 2024.
The balance sheet grew most in 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VEROSTEP
- What is the company number of VEROSTEP?
- The company number of VEROSTEP is 0828.692.180. The VAT number is the same number with BE in front: BE 0828.692.180.
- Where is VEROSTEP based?
- The registered office is at Molenstraat 28, 9840 Nazareth-De Pinte.Company details
- What does VEROSTEP do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of VEROSTEP?
- VEROSTEP is a private limited company (BV).
- When was VEROSTEP founded?
- VEROSTEP was founded on 24-08-2010.
- Is VEROSTEP still active?
- Yes, VEROSTEP is an active enterprise in the KBO register.
- What is the turnover of VEROSTEP?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is VEROSTEP profitable?
- In financial year 2024, VEROSTEP made a loss of €51,788.
- Where can I find the annual accounts of VEROSTEP?
- VEROSTEP filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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