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VERPA

Active
Private limited companyfounded 198046 yrs activeNikelaan 4, 2430 Laakdal, BelgiumKBO/BCE: BE 0420.071.861
Summary

VERPA has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182,113 and a net result of €14,907. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability50▼-6
Solvency84▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.05 in 2024; short-term debt: 36.9% and cash: 2.8% of total assets), and 41.2% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 46 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more 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
58.8%
Return on assets
4.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-10-2025, 92 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
92 d early
2024
77 d early
2022
28 d late
2021
25 d early
2020
49 d late
2019
54 d late
2018
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

History

VERPA was incorporated on 1 January 1980.1 Total assets went from EUR 339,177 in 2018 to EUR 309,954 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€182,113▲ 8.9%
2024 · €167,206
Total assets
€309,954▲ 1.3%
2024 · €306,096
Net result
€14,907▼ 35.0%
2024 · €22,935
Working capital
-€104,487▲ 2.7%
2024 · -€107,429
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220242025
Operating result€23,498=€23,377▼ 0.5%€23,605▲ 1.0%€33,327-€21,010▼ 37.0%
Net result€14,072within the sector's middle half▼ 9.9%€14,808within the sector's middle half▲ 5.2%€14,392within the sector's middle half▼ 2.8%€22,935within the sector's middle half-€14,907within the sector's middle half▼ 35.0%
Equity€115,071within the sector's middle half▲ 13.9%€129,879within the sector's middle half▲ 12.9%€144,271within the sector's middle half▲ 11.1%€167,206within the sector's middle half-€182,113above the sector's middle half▲ 8.9%
Total assets€324,029within the sector's middle half▲ 1.8%€329,793within the sector's middle half▲ 1.8%€312,573within the sector's middle half▼ 5.2%€306,096within the sector's middle half-€309,954within the sector's middle half▲ 1.3%
Debt€208,957▼ 3.9%€199,914▼ 4.3%€168,302▼ 15.8%€138,890-€127,841▼ 8.0%
Working capital-€120,569below the sector's middle half▲ 3.0%-€116,462below the sector's middle half▲ 3.4%-€113,119below the sector's middle half▲ 2.9%-€107,429below the sector's middle half--€104,487below the sector's middle half▲ 2.7%
Solvency35.5%within the sector's middle half▲ 3.8pp39.4%within the sector's middle half▲ 3.9pp46.2%within the sector's middle half▲ 6.8pp54.6%within the sector's middle half-58.8%within the sector's middle half▲ 4.1pp
Current ratio0.17below the sector's middle half▲ 0.040.20below the sector's middle half▲ 0.040.10below the sector's middle half▼ 0.100.05below the sector's middle half-0.09below the sector's middle half▲ 0.03
Return on assets (ROA)4.3%within the sector's middle half▼ 0.6pp4.5%within the sector's middle half▲ 0.1pp4.6%within the sector's middle half▲ 0.1pp7.5%within the sector's middle half-4.8%within the sector's middle half▼ 2.7pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2020: €23,498€23,498Net result 2020: €14,072€14,072Operating result 2021: €23,377€23,377Net result 2021: €14,808€14,808Operating result 2022: €23,605€23,605Net result 2022: €14,392€14,392Operating result 2024: €33,327€33,327Net result 2024: €22,935€22,935Operating result 2025: €21,010€21,010Net result 2025: €14,907€14,90720202021202220242025€0€10,000€20,000€30,000Operating result 2022: €23,605€23,600Net result 2022: €14,392€14,400Operating result 2024: €33,327€33,300Net result 2024: €22,935€22,900Operating result 2025: €21,010€21,000Net result 2025: €14,907€14,900202220242025
The operating result falls in 2025; 2025 is 37% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €309,954
Fixed assets €300,000 =
Current assets €9,954 ▲ 63.3%
Equity and liabilities €309,954
Equity €182,113 ▲ 8.9%
Debt €127,841 ▼ 8.0%
Debt's share of the balance-sheet total falls from 45.4% to 41.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.70▼
2024 · 0.83
ROE
8.2%▼
2024 · 13.7%
Debt ≤ 1 year
€114,441▲
2024 · €113,525
Debt > 1 year
€13,400▼
2024 · €25,365
Income taxes
€4,969▼
2024 · €7,694
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€306,096€309,954▲
Fixed assets21/28€300,000€300,000=
Tangible fixed assets22/27€300,000€300,000=
Land and buildings22€300,000€300,000=
Current assets29/58€6,096€9,954▲
Amounts receivable within one year40/41€611€1,336▲
Other amounts receivable41€611€1,336▲
Cash at bank and in hand54/58€5,485€8,618▲
Equity and liabilities
Total equity and liabilities10/49€306,096€309,954▲
Equity10/15€167,206€182,113▲
Contributions10/11€24,789€24,789=
Reserves13€240,896€240,896=
Non-distributable reserves130/1€11,345€11,345=
Reserves not available under the articles1311€5,197€5,197=
Other1319€6,148€6,148=
Distributable reserves133€229,550€229,550=
Profit (loss) carried forward14-€98,479-€83,572▲
Amounts payable17/49€138,890€127,841▼
Amounts payable after more than one year17€25,365€13,400▼
Financial debts170/4€25,365€13,400▼
Amounts payable within one year42/48€113,525€114,441▲
Current portion of amounts payable after more than one year42€11,589€11,965▲
Trade debts44€1,936€2,477▲
Suppliers440/4€1,936€2,477▲
Other amounts payable47/48€100,000€100,000=
Income statement Code20242025
Other operating charges640/8€673€687▲
Gross operating margin9900€34,000€21,698▼
Operating profit (loss)9901€33,327€21,010▼
Financial charges65/66B€2,698€1,134▼
Recurring financial charges65€2,698€1,134▼
Profit (loss) for the period before taxes9903€30,629€19,876▼
Income taxes67/77€7,694€4,969▼
Profit (loss) for the period9904€22,935€14,907▼
Profit (loss) for the period to be appropriated9905€22,935€14,907▼
Appropriation of the result
Profit (loss) to be appropriated9906-€98,479-€83,572▲
Profit (loss) brought forward from the previous period14P-€121,414-€98,479▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220242025Change
Other operating charges640/8-€449€512€673€687▲ 2.1%
Gross operating margin9900€23,946€23,825€24,116€34,000€21,698▼ 36.2%
Operating profit (loss)9901€23,498€23,377€23,605€33,327€21,010▼ 37.0%
Financial charges65/66B-€2,343€2,011€2,698€1,134▼ 58.0%
Recurring financial charges65€2,671€2,343€2,011€2,698€1,134▼ 58.0%
Profit (loss) for the period before taxes9903€20,827€21,033€21,594€30,629€19,876▼ 35.1%
Income taxes67/77€6,755€6,225€7,202€7,694€4,969▼ 35.4%
Profit (loss) for the period9904€14,072€14,808€14,392€22,935€14,907▼ 35.0%
Profit (loss) for the period to be appropriated9905€14,072€14,808€14,392€22,935€14,907▼ 35.0%
Line20202021202220242025Change
Assets
Total assets20/58€324,029€329,793€312,573€306,096€309,954▲ 1.3%
Fixed assets21/28€300,000€300,000€300,000€300,000€300,000=
Tangible fixed assets22/27€300,000€300,000€300,000€300,000€300,000=
Land and buildings22-€300,000€300,000€300,000€300,000=
Current assets29/58€24,029€29,793€12,573€6,096€9,954▲ 63.3%
Amounts receivable within one year40/41--€305€611€1,336▲ 119%
Other amounts receivable41--€305€611€1,336▲ 119%
Cash at bank and in hand54/58€24,029€29,793€12,268€5,485€8,618▲ 57.1%
Equity and liabilities
Total equity and liabilities10/49€324,029€329,793€312,573€306,096€309,954▲ 1.3%
Equity10/15€115,071€129,879€144,271€167,206€182,113▲ 8.9%
Contributions10/11-€24,789€24,789€24,789€24,789=
Reserves13€211,696€226,504€240,896€240,896€240,896=
Non-distributable reserves130/1-€11,345€11,345€11,345€11,345=
Reserves not available under the articles1311-€5,197€5,197€5,197€5,197=
Other1319-€6,148€6,148€6,148€6,148=
Distributable reserves133-€215,158€229,550€229,550€229,550=
Profit (loss) carried forward14-€121,414-€121,414-€121,414-€98,479-€83,572▲ 15.1%
Amounts payable17/49€208,957€199,914€168,302€138,890€127,841▼ 8.0%
Amounts payable after more than one year17€64,360€53,658€42,610€25,365€13,400▼ 47.2%
Financial debts170/4-€53,658€42,610€25,365€13,400▼ 47.2%
Amounts payable within one year42/48€144,597€146,256€125,692€113,525€114,441▲ 0.8%
Current portion of amounts payable after more than one year42-€10,702€11,048€11,589€11,965▲ 3.2%
Trade debts44--€348€1,936€2,477▲ 27.9%
Suppliers440/4--€348€1,936€2,477▲ 27.9%
Taxes, remuneration and social security45-€9,481€14,296---
Taxes450/3-€9,481€14,296---
Other amounts payable47/48-€126,073€100,000€100,000€100,000=
Line20202021202220242025Change
Profit (loss) for the period9904€14,072€14,808€14,392€22,935€14,907▼ 35.0%
Operating cash flow (approximation)€14,072€14,808€14,392€22,935€14,907▼ 35.0%
Investment in fixed assets (approximation)-€0€0-€0-
Change in cash-€5,764-€17,525-€3,133-

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 31-01-2027
2025
31-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
15-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Highest result since 2018net €22,935 ▲59.4%
Operating result €33,327, net result €22,935, both a record.
30-06
Financial Equity above €150,000Eq €167,206 ▲15.9%
6 profitable years in a row build equity to €167,206.
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
06-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 49 days late
2020
31-12
Financial Weakest financial yearnet €14,072 ▼9.9%
Net result drops to €14,072, the lowest in the series; recovery starts the following year.
23-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
31-12
Financial Equity above €100,000Eq €101,000 ▲18.3%
2 profitable years in a row build equity to €101,000.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
04-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Laakdal · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
4.0 ha
Building footprint
3.5 ha
Volume, LiDAR
22,687 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Nikelaan 27, 2430 Laakdal
NACE 51442
since 20002.017.078.178
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13045C0533/00M000 Flanders 3.3 ha 1 · 3.2 ha -
13045C0468/00K000 Flanders 6,748 m² 1 · 3,237 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. INPACS INVEST 100%
  2. VERPA

Highest known parent: INPACS INVEST. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 472 companies in sector 46442 we hold annual accounts for 336. 243 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
Founded01-01-1980
Fiscal year end30-06
Activities, NACEBEL 2025
46442Wholesale trade
47783Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0420071861
Also 9925:BE0420071861
Registered 20-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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