Equity
€345,434 ▲ 48.6%
Equity rose in 2025 from €232,514 to €345,434.
VERPAS
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €225,230 (2025)
€225,230▲ 41.8%
lowest -€47,999 (2010)
€112,919▲ 49.8%
peak €345,434 (2025)
€345,434▲ 48.6%
€436,853▼ 22.8%
Board1 name since 2022
1 directorVERPLANCKE PASCAL
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Gross margin from €158,785 to €225,230Result from €75,368 to €112,919Equity from €232,514 to €345,434Debts from €565,902 to €436,853Investments €54,888Cash from €118,368 to €166,945
Key points
from the 2025 annual accountsInvestments
€55,088 1.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 21.3% higher than in 2024.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 8 to 29 days before the end of the period.
Checked score
97
Excellent
Financially stronger than 73% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €782,286
Liquidity: current ratio 1.56, cash €166,945
Founded in 2000
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 47, micro). It does better than 59% of them on solvency, 65% on liquidity, 81% on profitability and 86% 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as VERPAS has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of VERPAS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 20,137 companies, not a prediction for VERPAS. 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 €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.56 (1.28 in 2024), above the usual 1.5. Short-term debt is 38.4% and cash 21.3% of total assets. However, 55.8% 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
Five signals.
lowers riskraises riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
29 days early
2023
11 days early
2022
12 days early
2021
9 days early
2020
7 days early
2019
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473036237
First establishment
Ambachtstraat 9, Torhout
Incorporation
published on 24-10-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERPAS Torhout | €782,286 | €225,230 | 44.2% | - |
| GOOSSENS MARC GARAGE Torhout | €673,592 | €164,403 | 84.2% | - |
| DEGRANDE Kortrijk | €787,701 | €232,122 | 23.6% | 3.2 |
| PUYPE Pittem | €939,028 | €233,024 | 91.6% | - |
| DEVOS LUC AUTOTECHNIEK Ypres | €841,986 | €297,695 | 51.7% | 1 |
| GARAGE DEMEYERE PASCAL EN PHILIPPE Oostkamp | €581,804 | €225,013 | 46.1% | 1.8 |
| GARAGE DELHOUX PAUL Geraardsbergen | €750,491 | €232,600 | 89.3% | - |
These companies have the same main activity as VERPAS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €582,000 and €939,000, founded between 1998 and 2002.
Official details
Source: KBO- Status
- Active since 13-10-2000Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 1 other
- Establishment unit
- 2.097.775.8448820 Torhout, since 13-06-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- ≈ €1.4mestimated
- €782,286▼ 2.0%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on VERPAS
VERPAS files the abbreviated format. That format states no turnover. The gross margin rose from €7,448 in 2006 to €225,230 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets.
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 VERPAS
- What is the company number of VERPAS?
- The company number of VERPAS is 0473.036.237. The VAT number is the same number with BE in front: BE 0473.036.237.
- Where is VERPAS based?
- The registered office is at Ambachtstraat 9, 8820 Torhout.Company details
- What does VERPAS do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of VERPAS?
- VERPAS is a private limited company (pre-2019) (BVBA).
- When was VERPAS founded?
- VERPAS was founded on 13-10-2000.
- Is VERPAS still active?
- Yes, VERPAS is an active enterprise in the KBO register.
- What is the turnover of VERPAS?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €225,230 and 36 comparable companies (NACE 47811). It probably lies between €790,000 and €3.0m.Financials
- Is VERPAS profitable?
- In financial year 2025, VERPAS made a profit of €112,919.
- Where can I find the annual accounts of VERPAS?
- VERPAS filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERPAS due?
- VERPAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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